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.
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Results 11 to 20 of 58
Thread: Insurance in Forex is needed?
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09-06-2014, 09:20 AM #11
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09-06-2014, 01:35 PM #12
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
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19-06-2014, 09:38 AM #13
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25-06-2014, 09:58 AM #14
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
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25-06-2014, 01:21 PM #15
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
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08-07-2014, 10:21 AM #16
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09-07-2014, 03:31 AM #17
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.
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25-08-2014, 10:38 AM #18
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25-08-2014, 01:09 PM #19
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
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28-08-2014, 09:09 AM #20
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