Thread: Insurance in Forex is needed?

I was not too concerned about insurance. each trader has the choice and calculation of trading. By using a very satisfactory trading facilities provided by Armada Markets was enough to make me earn a profit in trading.

Its good to have insurance there is nothing wrong with it, but many brokers are providing it with higher deposit, so most of the traders cant afford it.

Originally Posted by orni308

Its good to have insurance there is nothing wrong with it, but many brokers are providing it with higher deposit, so most of the traders cant afford it.

I didn't get it in TenkoFx. but i think it's not a big problem. with our trading skills, we can try to minimize the risk in forex. We also can learn from our trading experience to be better trader


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Originally Posted by CahCuncun

I didn't get it in TenkoFx. but i think it's not a big problem. with our trading skills, we can try to minimize the risk in forex. We also can learn from our trading experience to be better trader

even if the broker does not provide insurance, of course there are other criteria to be selected when opening the account. I now choose FBS. because FBS provide insurance, promotions and exciting contests

Originally Posted by Kaito Kid

even if the broker does not provide insurance, of course there are other criteria to be selected when opening the account. I now choose FBS. because FBS provide insurance, promotions and exciting contests

I prefer to trade with a good risk management. with good risk management, we will be able to trade with the maximum so that we will be successful in forex trading. and in tenkofx I try to trade with the maximum always use SL when trading


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I have seen many offers from different brokers in the Market but the best thing I came across is that Forex Insurance offer from FBS, and I completely agree with the fact that Forex/Deposit Insurance is the best thing that a broker can offer to traders and clients around the world because it will give confidence to traders.

The insurance system is good for traders, but the concept is the best right now is the concept of a rebate where traders can get good trading results continuously get rebate trading results, resulting in gains or losses. in TenkoFx, a Partner can perform automatic rebate to clients. I think this could be an advantage for trader

Yeah it is an important factor, the best thing is that Insurance is an essential part for most of the traders but some would suggest bonus for most of the traders, so the best thing is related to the individual what they feel about their trading, FBS is offering deposit insurance as well as Forex Bonus for the traders.

Now insurance is provided by most of the brokers and its good , but most of brokers ddemand very high deposits to provide insurance facility, so traders with less investment cannot make use of such facilities.

Yeah brokers are coming up many offers like deposit insurance and also they are coming up many offer related to the cash rewards or no deposit cash rewards so that many trader can trade the market with out risk or the least possible risk in it, so it is overall really good for the market so that they can get brokers and trades can manage to succeed.