Hi all,
VERY new to all this & although i'm nowhere near opening a live account I just wondered if someone could clear something up for me.
I've seen it noted on a lot of broker platforms "Trading is not for everyone you could end up losing more than your initial deposit" etc. My question is this, as an example if I were to place £500 in a an account with someone and the trades go sour to the tune of say £1000 loss could i end up owing the brokers £500 or would the account shut down when the £500 limit was reached.
I can handle losing the money in the account if things went wrong but would hate to end up owing brokers money.
Sorry if this is a stupid question but just wondered if someone would mind clarifying for me?
Cheers.
VERY new to all this & although i'm nowhere near opening a live account I just wondered if someone could clear something up for me.
I've seen it noted on a lot of broker platforms "Trading is not for everyone you could end up losing more than your initial deposit" etc. My question is this, as an example if I were to place £500 in a an account with someone and the trades go sour to the tune of say £1000 loss could i end up owing the brokers £500 or would the account shut down when the £500 limit was reached.
I can handle losing the money in the account if things went wrong but would hate to end up owing brokers money.
Sorry if this is a stupid question but just wondered if someone would mind clarifying for me?
Cheers.
