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Is Negative Balance Protection Fool's Gold?

Is Negative Balance Protection Fool's Gold?

5 Years ago | January 27, 2015 00:00:00

Several forex brokers are now publicizing negative balance protection for their clients. This is good marketing after several brokers reported negative balances seen after the SNB fiasco but is it really significant? As we all know, forex brokers are not charities but for profit businesses and are not in the habit of giving away money to their clients. So, is negative balance protection a reason to open an account or is there a hidden factor that makes this look more than it is?

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