How does NBP work on XM MT4/MT5? Who covers the losses?

NBP is Negative Balance Protection which triggers when you have minus/negative balance in your account.

All the minus/negative amount will be covered by XM, and reset the balance to zero.

This is also called “Zero Cut” system and you will not lose funds more than you deposit.

XM has also set stop out level at 20% to avoid further risks.

*In case, your account’s balance is below zero, but the system doesn’t automatically adjust it to zero, please contact XM support team.

XM’s NBP condition is the same for all accounts including Bonus accounts.

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