JFD introduces Negative Balance Protection
- Published on Friday, 03 February 2017 17:39
For the benefit of all our retail clients we have now introduced, as of 30th January 2017, Negative Balance Protection to our services, to help protect you and safeguard your funds.*
How does it work?
Our automated stop levels installed on our system are there to reduce your risk, but from now on, you are also protected against the chance of your account falling below zero and turning negative. This is something which could happen for instance in the event of a market gap, in which case your account would then be credited back to zero. However, it is in your best interest to trade responsibly and always make sure you have adequate funds in your account to maintain the required level of margin. Take a look at our updated Client Agreement for more information.
Did you know that we also are a member of the Investor Compensation Fund (ICF) and keep all our client funds in fully segregated accounts, separate from company funds, to ensure the ultimate protection and security of your money? Find out more about this here.
* This will apply to negative balances incurred after 29.01.2017.