Admiral Markets Provides Protection From Negative Balances to Professional Clients

June 21, 2018 15:32

Dear trader,

We're delighted to introduce the Negative Balance Protection Policy, which provides protection from account deficits to our clients categorised as Professional Clients (Pro).

We're making this step because the recent decision of the European Securities and Markets Authority (ESMA) requires to fully protect Retail Clients from negative balances starting from 1 August 2018, but does not require such protection for Professional Clients.

Considering that ESMA will also be limiting the leverage for Retail Clients to between 1:30 and 1:2, we're suggesting that a number of traders may be currently considering the possibility to apply for professional status. Therefore we would like to provide our Pro clients with an additional benefit.

We believe that our new policy appreciates the latest 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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