For Professional Traders only
- Negative balance protection
- Lower leverage limits
Professional Client Status Details
You remain entitled to
We are not obliged to offer the following to Professional Clients but have elected to continue doing so:
Client money remains segregated from our funds and will be unaffected in the event of our insolvency.
Best Execution remains unchanged as we owe all our clients a duty of best execution.
The detail of Trade Confirmations remain unchanged and are sent by the end of the first business day following the execution of the trade, or earlier.
Key Information Documents remain available to you.
You lose the following
You will lose some FCA protections:
Margin and Leverage Limits remain unchanged despite the changes that ESMA introduce for retail clients.
Mandatory changes to product features which protect retail clients will not be mandatory for you. (e.g. negative balance protection and margin close out levels).
We will assume you have the relevant knowledge and experience levels to understand the risks in trading leveraged products.
We may use more sophisticated language when dealing with you as a Professional Client than we do with our retail clients.
Professional Trader criteria
To qualify as a Professional Client you need to meet two of these three criteria:
Trading volume: Made an average of 10 significantly sized transactions per quarter over the last four quarters
Portfolio: Have a financial instrument portfolio, including cash deposits, exceeding €500,000
Experience: Worked in a professional position in the financial sector requiring knowledge of trading leveraged products for at least 1+ year(s)
Margin Rates
| Min. Professional Margin Rates+ | |
|---|---|
| Major Indices | 0.25% |
| Major FX | 0.25% |
| Commodities | 0.5% |
| Shares | 3% |
| Crypto | 5% |
Trade on over 12,000 markets
Indices
Shares
Crypto
Forex
