Fullerton Markets today announced the official launch of Negative Balance Protection (NBP) for all its clients. In an increasingly volatile market, NBP is an important option for both traders and investors alike.
With the launch of NBP, all clients in Fullerton Markets will have the peace of mind that all losses - however big or small, will not exceed their investment capital. This is particularly significant during "Black Swan" or major events where slippages may occur due to low liquidity. Without NBP, clients could possibly lose more than their available account balance.
Said CEO of Fullerton Markets Mario Singh, “We are absolutely committed to offer the best trading conditions for all our clients. With the launch of Negative Balance Protection, our clients can never lose more than their deposits. Even if a price spike occurs and causes their position to drop rapidly below zero, our Negative Balance Protection kicks in to ensure that clients do not suffer any negative balance. Their accounts will automatically reset to zero.”
When asked how negative balance occurs in the first place, Mario added, “We don’t need to look further than January 2015 as a prime example. When the Swiss National Bank unpegged the Franc, the value of the Franc shot up immediately. The price could have moved way beyond a client’s margin call or stop out level due to the sheer speed of the move, causing the loss to be much larger than expected. For our clients, the implementation of Negative Balance Protection is the difference between losing money and going into debt. We are happy to cover the costs associated with Negative Balance Protection because providing an optimum trading environment for our base of global clients is of paramount importance to me.”
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Fullerton Markets International Limited (FMIL) is committed to providing the highest level of service to its customers. In some instances, and due to regulatory or legal requirements, FMIL is unable to provide services or accept customers from certain countries. Currently FMIL does not accept customer from Iran, Cuba, Sudan, Syria and North Korea.
FMIL subscribes to the rules of FX regulated jurisdictions such as Hong Kong, Singapore, Japan and United Kingdom accordingly, does not accept solicited clients from these countries. This is not an exhaustive list of countries from which FMIL does not accept solicited clients and is updated as required. Customers should familiarise themselves with the FX rules applicable in their country's before deciding to use FMIL's services.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.