Fintrix's Risk Disclosure tells you your losses stop at your account balance. The Client Agreement says you must pay any shortfall, and the margin policy adds interest until you clear it.
Negative balance protection is a limit that stops you owing more than you put in. Without it, one fast market move can leave you owing the broker money on top of your deposit.
Why this matters
A gap in a fast market can leave your account owing money. The Client Agreement makes that debt yours, and interest runs on it until you pay. The comforting sentence sits in the document most people skim.
Exhibit 1Every flagged clause gets its own number so you can point at this one. The number does not change, so a link to it keeps working.CriticalHow much this clause can cost you, in our reading. Critical can take your money or your profit. Warning can delay or limit it. Notice is simply worth knowing before you sign.Rarely seenHow ordinary this wording looks next to the contracts we read. This is our reading of the clause, not a count of other brokers.
In case you lose more that your current account balance, we will bear the negative consequences of such adverse events and your losses will be limited to your then current account balance.
Firms licensed by the FCA or CySEC, and firms under ESMA rules, must give retail CFD clients negative balance protection, so a loss cannot exceed the money in the account. Fintrix promises this in its Risk Disclosure and takes it back in its Client Agreement.
Aksys Global Markets is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.
Our readingOur own comment on the clause, not the broker's words. Anything we quote is marked as a quotation.Most firms answer the negative balance question once, in one document. Here the answer depends on which of three documents you open, and the one that binds you is the Client Agreement.
- Worse together with Exhibit 8Read these two clauses together. Each one costs more because the other exists.Fintrix can alter the price at which a trade closed, and you carry any deficit that closing price creates.

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