All retail clients of the Company may request to have their client category changed to the professional status.
Criteria for client category change
To request professional categorization, you must have the experience, expertise and knowledge necessary for making your own investment decisions. You must also meet at least two of the following three criteria set forth by ESMA and provide us with relevant supporting information.
You carried out transactions, in significant size, in relevant products with an average frequency of at least 10 deals per quarter during the previous four quarters (with us and/or other providers).
Relevant products include: CFDs, futures, options, warrants, binary options.
Significant size means a minimum notional value of, for example, EUR 100,000 on forex, EUR 50,000 on indices, EUR 10,000 on single stock CFDs.
The average frequency of trades can be with one or several providers. We will ask you to provide scanned copies of statements for any trade activity at other providers.
The size of your investment portfolio (held with us and/or other providers), including cash deposits and financial instruments, exceeds EUR 500,000.
Unacceptable investment portfolio includes: company pension, non-tradable assets, property, luxury cars, jewellery, etc.
You work or have worked in the financial sector for at least one year in a professional position which requires knowledge of investment products.
We will ask you to provide details of your profession and how it has given you the relevant experience and knowledge. We may also ask you to provide evidence that supports this if necessary.
It is the responsibility of the client, considered to be a Professional client, to ask for a higher level of protection when they find themselves unable to properly assess or manage the risks involved. As a Professional client, you may request that lower leverage applies to one or more particular services or transactions, or to one or more types of product or transactions.
As a professional, you will lose some regulatory protections available to retail clients.
Please read the following information carefully and make sure you understand the risks associated with the change of the client category.
|Asset Class||$0-$10K Deposit||$10K - $30K Deposit||$30K - $100K Deposit||+$1000K Deposit|