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IG invented spread betting in 1974 and remains the benchmark for experienced UK and European traders: unmatched market breadth, an excellent proprietary platform, and regulatory credibility that few brokers can match, at the cost of slightly higher charges than specialist ECN desks.
True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
Multi-regulated Australian ECN-style broker with fast execution, MT4 / MT5 / cTrader / TradingView and a strong active-trader rebate program.
What this means
Negative balance protection (NBP) is a regulatory safeguard that prevents your account balance from going below zero if a leveraged trade moves sharply against you. EU (ESMA), UK (FCA), and Australian (ASIC) regulators mandate NBP for retail clients. Offshore brokers operating under lighter-touch regulators are not required to offer it. Always confirm NBP is in place before using significant leverage.
When comparing Negative Balance Protection brokers, prioritise regulatory standing, pricing, platform reliability, and customer support. Our list ranks brokers by overall rating across all these criteria.
We currently list 44 forex brokers with Negative Balance Protection. The full list above is sortable by rating, spreads, and minimum deposit.
Negative Balance Protection can be appropriate for beginners depending on your goals. We recommend opening a demo account first so you can explore the feature risk-free before committing real capital.
Regulation varies by broker. All brokers in our list display their primary regulatory authority. Always verify a broker's licence directly with the regulator's official register before depositing funds.
Choose a broker from the list above, click through to their full profile, and compare pricing, platforms, and regulation. Most brokers offer a free demo account, so you can test the platform before depositing.
Each broker on this page has been chosen for providing negative balance protection, which ensures clients cannot lose more than their deposited funds even during volatile market events. A quality negative balance protection policy is defined by automatic balance resets to zero after position liquidations, universal coverage on both standard and professional accounts, and contractual guarantees outlined in the client agreement without exceptions during market gaps or black swan events. Traders should confirm whether the protection applies per account and across all margin products, as some brokers may exclude certain instruments or high-leverage positions from coverage.
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