Admiral Markets Extends Protection From Negative Balances to Professional Clients

June 19, 2018 18:27

Dear trader,

We're delighted to announce that we have issued a Negative Balance Protection Policy, which provides protection from account deficits to clients categorised as Professional Clients.

As per the new policy, our Professional Clients are can receive compensations of negative balances with the maximum payout of 50,000 EUR on a netted basis.

This change was made to keep a reasonable degree of protection against negative balances by clients who choose to apply for professional trading terms, following the restrictions of maximum leverage imposed by the European Securities and Markets Authority (ESMA) that we will implement on the session opening on Monday 30 July 2018.

We believe that our new policy appreciates the new trends and is a rare find (if not completely unique at the moment) in the online trading industry, because none of the financial services firms known to us currently provides this kind of safeguards to their 'Pro' clients.

Thanks to the new policy, combined with our Volatility Protection Settings — which help address the most typical issues connected to fast markets — we can confidently say that we now provide our 'Pro' clients with something materially different from other companies.

More information about the upcoming changes of leverage and differences between client categorisations can be found on the Retail and Professional Terms page.

Kind Regards,

Admiral Markets

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