How to protect your account from negative balance on your own?
Trading on the Forex market is always risk-bearing. To protect your account from negative balance, you can use standard tools available to all RoboMarkets Asia clients:
Stop Loss Level
Placing your Stop Loss reasonably will help you to protect funds on your account from crucial and fast changes in prices and the market volatility.
It’s important to realize that not all transactions may be profitable, that’s why one should be very attentive to the volume and the number of open positions and orders on the account.
Leverage is another important tool to manage your risks. The higher the effective leverage is, the higher the potential risks and the profit are.