Thread: Insurance in Forex is needed?

Here are the condition in FBS Deposit Insurance :

If a client has 50% or more of required lots traded, a part of insured amount will be compensated in compliance with the following conditions:

• If a client traded from 50% to 70 % of required lots by the time of insured event occurred, 30% of insured amount will be compensated
• If a client traded from 71% to 90 % of required lots by the time of insured event occurred, 40% of insured amount will be compensated
• If a client traded from 91% to 99 % of required lots by the time of insured event occurred, 50% of insured amount will be compensated

An insured event occurs when a trader’s account balance is 10% or less of insured amount.

The most important in forex is to have a good risk management. to have a good risk management so we can minimize risk by either. so we do not need the insurance trade. or we could try to PAMM account in tenkofx so we do not have to worry about our money


Open a PAMM account with TenkoFX for the chance to manage up to $100,000

Originally Posted by CahCuncun

The most important in forex is to have a good risk management. to have a good risk management so we can minimize risk by either. so we do not need the insurance trade. or we could try to PAMM account in tenkofx so we do not have to worry about our money

I think all systems have the possibility of loss is included in the PAMM account. but if we can maximize our accounts with good money management will be of great benefit especially with the insurance system like in FBS

based on my experience. insurance provides benefits for traders because it can provide the benefits of trading payback. one of the traders receive a refund of the FBS. for more details please follow this link

We will be able to get maximal result and minimize the risk in forex trading without having to insurance our money. We still be able to get maximal result by our skills. Try to improve our trading to get more maximal result in forex .

Be more than a trader, be a TenkoTrader

Originally Posted by CahCuncun

We will be able to get maximal result and minimize the risk in forex trading without having to insurance our money. We still be able to get maximal result by our skills. Try to improve our trading to get more maximal result in forex .

Be more than a trader, be a TenkoTrader

I think insurance is very important if we want to maximize trading that we do. FBS provide insurance and also a large deposit bonus

Originally Posted by Kaito Kid

I think insurance is very important if we want to maximize trading that we do. FBS provide insurance and also a large deposit bonus

I don't think so, although we trade without insurance, we still be able to get maximal result. We can survive here. We just have to improve our trading skills and be more discipline when trading. I don't get insurance program from TenkoFx, but i still be able to get profit here.

Originally Posted by CahCuncun

I don't think so, although we trade without insurance, we still be able to get maximal result. We can survive here. We just have to improve our trading skills and be more discipline when trading. I don't get insurance program from TenkoFx, but i still be able to get profit here.

Insurance helps us in reducing the risks that occur in the forex business. such insurance in general, forex insurance can provide replacement facilities fund. therefore I follow insurance in FBS

now many insurance brokers who offer trading. but there are certain rules to be able to get insurance trading. we have to meet the number of lots to be able to get insurance trading. so I think MM and RM are important in forex

Open a PAMM account with TenkoFX for the chance to manage up to $100,000

Originally Posted by CahCuncun

now many insurance brokers who offer trading. but there are certain rules to be able to get insurance trading. we have to meet the number of lots to be able to get insurance trading. so I think MM and RM are important in forex

I think all systems, insurance or deposit bonuses certainly have rules that must be met to be able to make a claim. but I also agree that every trade should be used with proper MM, with the correct use of MM along with insurance will help traders focus more on trading