Hi people, I'm currently trading pepperstone markets limited which in under scb regulation.
1. Should I actually trust that Pepperstone would really protect me when there's a really blackswan event?(covering my negative balance).
2. is the Securities Commission of The Bahamas trustworthy?
3. I'm a bit worried since they reserve the right to service me negative balance protection if '
Negative Balance Protection in cases
where we reasonably consider, in our
sole discretion, that your negative
Account balance has been caused by
misconduct or market abuse. Where
this is the case, we’ll let you know why
we haven’t applied Negative Balance
Protection to your Account.''
4. Would exceeding certain amount become more dangerous?
Note: I'm not a professional client with them and I would never be. And i never take advantage of weekly gap nor the nfp/fomc
1. Should I actually trust that Pepperstone would really protect me when there's a really blackswan event?(covering my negative balance).
2. is the Securities Commission of The Bahamas trustworthy?
3. I'm a bit worried since they reserve the right to service me negative balance protection if '
Negative Balance Protection in cases
where we reasonably consider, in our
sole discretion, that your negative
Account balance has been caused by
misconduct or market abuse. Where
this is the case, we’ll let you know why
we haven’t applied Negative Balance
Protection to your Account.''
4. Would exceeding certain amount become more dangerous?
Note: I'm not a professional client with them and I would never be. And i never take advantage of weekly gap nor the nfp/fomc