Thread: Alpari UK users pls come in

Alpari UK customers...

will u be able to lose more than what you deposited in?

Let say u started off your account with 1000usd, will u lose more than 1000usd when u use 1:100, 1:200 or 1:500?

Is there some sort of marin call protection?

Originally Posted by dennerle

Alpari UK customers...

will u be able to lose more than what you deposited in?

Let say u started off your account with 1000usd, will u lose more than 1000usd when u use 1:100, 1:200 or 1:500?

Is there some sort of marin call protection?

anyone can help?

In general MOST brokers will close your positions if you are going quickly towards crash and burn... They don't want be in a position where they have to hunt you down for more money....

BUT.....

This is directly off of the Alpari UK web site....

"It is possible that you can lose all of the money you deposit, and in some circumstances you may even be required to deposit additional sums to cover your losses. By undertaking these types of high risk trades you acknowledge that you are trading with your available risk capital and any losses you may incur will not adversely affect your lifestyle."

Originally Posted by BillR

In general MOST brokers will close your positions if you are going quickly towards crash and burn... They don't want be in a position where they have to hunt you down for more money....

BUT.....

This is directly off of the Alpari UK web site....

"It is possible that you can lose all of the money you deposit, and in some circumstances you may even be required to deposit additional sums to cover your losses. By undertaking these types of high risk trades you acknowledge that you are trading with your available risk capital and any losses you may incur will not adversely affect your lifestyle."

so i can conclude that Alpari UK does not have a margin call cutoff feature?

You'll need to go to their website...read....and if you still have questions talk with them...

i spoke to them last week they told me they do have margin protection system where the cut off the biggest loss making trade at some % but cant remember exactlly just give tham a call

No <margin call cutoff feature> can be guaranteed to close an account at any particular level
Very often, the bad situation will arrive on a news spike and there will no way to get a price e.g. just after NFP
This is made worse by more brokers going STP/ECN, exposing 'us' to the wider variations of the real market
So...
Lets all be careful in the Forex...