Yesterday, it turned out that the most important thing in forex is to trade with a broker that has a Negative Balance Protection. This way, you don't owe the broker money in case you have an account with a negative balance.

I think that is somenthing extremely important. Why? The balances have a negative balance of longer or -100 k because I'm convinced that in some cases at some agents.

Which Agents offers such a protection?

I know two Agents:

- Oanda
- FXPro

Statement from Oanda:


In the aftermath of this unprecedented market occasion, OANDA demoned its ongoing commnt to doing right by its own clients. Despite evaporating liquidity in the institutional hedging market and enduring losses, OANDA remained true to the 14-year heritage of integrity, transparency and fairness to our clients. OANDA did not re-quote or amend any CHF customer transactions. We even took the additional step of forgiving all negative customer balances which were caused when customers couldn't close out their positions fast enough (where permitted by regulations).

Statement from FXPro:

All negative balance reports which now remain on the books of the broker are in the process of being corrected, since the firm re-commits in its announcement to adverse equilibrium protection as outlined in the firm's terms and conditions.
”While the company was influenced by the events of what's now being called Black Thursday, FxPro stays fully operational and capitalised, as. It is business as usual: the entering of positions, withdrawals as well as deposits continue as on any trading day.
- See more in: http://forexmagnates.com/fxpro-remai....gQL3L36X.dpuf