How Can My Balance Become Negative?
Your balance on PrimeXBT may become negative due to trading losses. This can occur when your open positions result in losses that exceed your available balance. However, if you have received a Bonus, it can be used to cover a negative balance under certain conditions.
How Does the Bonus Cover a Negative Balance?
If your balance turns negative due to trading losses, you can continue trading as long as your negative balance does not exceed the Bonus amount and your Trading Account Equity remains positive.
The Bonus acts as a buffer, allowing you to continue trading without immediate liquidation.
What Happens When the Negative Balance Exceeds the Bonus?
Once your negative balance surpasses the Bonus due to additional trading losses, fees, or commissions, the Bonus is considered fully spent.
Important Considerations
The Bonus provides additional flexibility but does not prevent losses.
Monitoring your trading activities and risk management strategies is crucial to avoid excessive losses.
Ensure that your Trading Account Equity remains positive to continue trading effectively.
What Should I Do if my Balance is Negative?
On PrimeXBT we offer a negative balance protection, ensuring that you never lose more than your account balance. To learn more, please refer to the Negative Balance Protection article.
By understanding how negative balances and Bonuses work, you can make more informed trading decisions and manage your account effectively on PrimeXBT.