Trader's Glossary

Negative Balance Protection (NBP)

A service offered by certain brokers that does not allow clients’ losses to exceed their initially deposited funds.
Did you know?

Between the years 1860 and 1913, the number of foreign banks operating in London increased from 3 to 71.

Word of the day
"Basket Currency" - A currency used as a reference point for a currency peg.
Pro Tip

There is no get-rich-quick formula. If someone promises you one, take a step back, and then run as far away from them as possible.

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