Brokers chasing you for negative account balance | Page 44 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Brokers with Negative Balance Protection 41 replies

Brokers that liquidate accounts at zero before negative balance occurs 22 replies

When would chasing a trade be worth it to you? 17 replies

What brokers would you want to use if you had 100k + million + account? 6 replies

Can someone answer question about Brokers chasing stops? 7 replies

Attachments: Brokers chasing you for negative account balance
Exit Attachments

Brokers chasing you for negative account balance

  • #861
  • Jan 10, 2017 10:35pm Jan 10, 2017 10:35pm
Quoting ammy
Brokers who are chasing you for your negative balance is completely wrong because they let it happen as margin call triggered in your account. Your broker should always inform you ahead of time about the margin call so that you can take an action. This also gives a red warning to the traders who wanted to invest but are not sure of the negative balance protection thing. One should invest with a broker who offers negative balance protection. There are brokers like Pepperstone and Octafx has been offering negative balance protection. However, I am...
I am trading with OctaFX and they indeed have Zero Balance protection. In fact, I like this feature, as I like to trade on news quite aggressively with low amount, so often I get into minus and it’s filled in by them, so it’s definitely good option. I also agree with your view, it’s very important to have zero balance protection since I personally love Forex because I can’t lose beyond the invested part, so I want it to stay that way only.
  • #862
  • May 4, 2017 4:03am May 4, 2017 4:03am
Saxo Bank CHF court case in Switzerland: Saxo was wrong!

https://insideparadeplatz.ch/2017/05...andelsgericht/
  • #863
  • Jun 10, 2020 7:40am Jun 10, 2020 7:40am
The only thing that you have to know is that you don't have to pay to brokers directly. You know we still have such people who do this. I'm sure that we still have people who do this. Once one of my friends was so scared of some collectors and even didn't ask why they ask from him to pay the debt. He paid them but the debt wasn't registered lol. After that, he had some problems with the bank and was contacted by these guys frontline-collections.com. They are also debt collectors but they explained everything correctly and in an official way. So just inform yourself and don't believe anyone.
  • #864
  • Last Post: Oct 11, 2023 1:14am Oct 11, 2023 1:14am
Quoting aa1
It is almost 2 year anniversary since Swiss crash. So, did anybody ended up paying to the brokers? Would be very interesting to know how the stories of brokers chasing traders ended up.
I'm really interested too, especially for oversea clients. Did they end up paying? cause i seriously curious if the broker could really take a legal action at other countries.
2 traders viewing now