Negative Balance Protection definition

Negative Balance Protection. CFDs which are leveraged products, incur a high level of risk and can result in the loss of all the client’s invested capital. However, it should be noted that the Company operates on a “negative balance protection” basis, which means that the Client cannot lose more than his/her overall investment per trading account. The Client accepts that the Company reserves the right to immediately terminate the Client’s access to the trading platform and recover any losses caused by the Client, in the event that the Company determines, at its sole discretion, that the Client voluntarily and/or involuntarily abuses the “negative balance protection” offered by the Company, by way of, but not limited to, hedging his/her exposure using his/her trading accounts, whether under the same profile or in connection with another client(s); and/or requesting withdrawal of funds, notwithstanding any of the provisions of this agreement, during a specific timeframe when the symbol he/she is trading is not available.”

Negative Balance Protection means the limit of a retail client's aggregate liability for all CFDs connected to a CFD trading account with a CFD provider to the funds in that CFD trading account.

Negative Balance Protection means that in the unlikely event that any clients’ trading account’s balance falls below zero (0) to a negative amount, the Company will adjust the balance to zero (0), so guaranteeing that the client cannot lose any more funds than was originally deposited to the account.

Examples of Negative Balance Protection in a sentence

• It is important to note that Slippage does not affect the Negative Balance Protection and therefore the Client will never lose more than the amount invested (including any profit, if gained), even if a slippage occurs.

• It is noted however that the Company applies a Negative Balance Protection Policy pursuant to which, you may not lose more than the amount deposit on the Platform.

• Any amounts corresponding to liabilities that Client has towards the Company, including liabilities arising as a result of abusing the Negative Balance Protection (NBP), can be deducted directly from the balance of any of the Client’s Account(s) under their profile.

• Where Negative Balance Protection applies, we will utilise funds in your Sub Accounts before applying a credit in a Trading Account that is negative.

• We reserve the right to reject a withdrawal request in instances where we have reasonable grounds to believe that said instruction is being placed to abuse our Negative Balance Protection Policy (‘NBP’).

More Definitions of Negative Balance Protection

Negative Balance Protection means the additional investor protection provided to Retail Clients and described at clause 13.6;

Negative Balance Protection means that if you are a Retail Client and at any time you have a negative balance on your Account, we will waive our right to claim the deficit and will return the Account balance to zero, in accordance with the ASIC Product Intervention Order – Contract for Difference Instrument 2020/986 (Product Intervention Instrument) issued under section 1023D(3) of the Corporations Act. Where you have multiple Accounts with us, we may treat your Accounts as aggregated for the purposes of offsetting a negative balance, by using funds on one Account to offset losses incurred on another.

Negative Balance Protection means the Company's policy to credit accounts to a zero balance when debit balances occur (account’s balance becomes negative), as a result but not limited to, trading, stop-out, market gaps, etc. Negative balance protection ensures that clients cannot lose more than the funds they have invested.

Negative Balance Protection means the limit of a Retail Client’s aggregate liability for all CFDs connected to a CFD trading account with a CFD provider to the funds in that CFD trading account, i.e. the Client shall not lose more than the total sum invested for trading CFDs and there can be no residual loss or obligation to provide additional funds beyond those in the Client’s Trading Account;

Negative Balance Protection means that the Client will never owe to the Company any amount in excess of the available funds in the account.

Negative Balance Protection means an obligation on the part of Blueberry Markets to ensure that a Retail Client cannot lose more than what they have deposited in their Trading Account(s), in accordance with the ASIC Product Intervention Order – Contract for Difference Instrument 2020/986 (Product Intervention Instrument) issued under section 1023D(3) of the Corporations Act.

Negative Balance Protection means the limit of a retail client's aggregate liability for all CFDs connected to a CFD