Forex Brokers with Negative Balance Protection 2026
Top forex brokers that guarantee you can never lose more than your deposit, protecting you from negative balances.
Written by
Emily Watson
Fact Checked by
David Okonjo
Top 10 Brokers with Guaranteed NBP
Negative Balance Protection (NBP) ensures you can never owe your broker money, even in extreme market conditions. This protection became mandatory for EU brokers but varies globally. We've identified regulated brokers that explicitly guarantee NBP for all retail clients, regardless of jurisdiction.
What is Negative Balance Protection?
Negative Balance Protection (NBP) is a guarantee that you cannot lose more than your deposited funds. If market moves create a negative balance, the broker absorbs the loss.
Negative Balance Protection
Compare NBP guarantees and coverage.
| Broker | ||
|---|---|---|
| XM | Guaranteed | All retail clients |
| Exness | Guaranteed | All retail clients |
| AvaTrade | Guaranteed | All retail clients |
| HFM | Guaranteed | All retail clients |
| FXTM | Guaranteed | All retail clients |
| Axi | Guaranteed | All retail clients |
| ThinkMarkets | Guaranteed | All retail clients |
| Pepperstone | Guaranteed | All retail clients |
| IC Markets | Guaranteed | All retail clients |
| CMC Markets | Guaranteed | All retail clients |
Detailed Broker Analysis
100% NBP guarantee for all clients.
XM guarantees negative balance protection for all retail traders. You can never lose more than your deposit, even in flash crashes.
NBP with 0% stop-out on Pro accounts.
Exness offers guaranteed NBP with a unique 0% stop-out level on Pro accounts, meaning positions close only at zero equity.
AvaProtect + NBP for maximum safety.
AvaTrade combines NBP with their unique AvaProtect feature, which can refund trading losses up to $1 million for a premium.
NBP across all account types.
HFM provides NBP on all account types including their Zero Spread and Premium accounts. Never owe more than you deposited.
Multi-regulated with guaranteed NBP.
FXTM offers NBP under FCA, CySEC, and FSCA regulation. All retail clients are protected from negative balances.
Frequently Asked Questions
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January 2026