Retail and Professional Client
Professional
Lower level of protectionNo coverage under the ICF
No protection under the applicable CFD product intervention measures
No investor protection regarding the prohibition on certain products
Access to products with a higher risk profile (upon Company's discretion)
Retail
Higher level of protectionCoverage under the ICF
Protection under the applicable CFD product intervention measures
Investor protection regarding the prohibition on certain products*
Main requirements for Professional Clients
In order to qualify for the Professional Client status, one must meet at least 2 of the 3 criteria listed below. If you do fit the criteria, feel free to apply for recategorization.
Trading Volume
The client has carried out transactions of significant size (over 150 EUR), on the relevant market (FOREX/CFD) at an average frequency of 10 per quarter over the previous 4 quarters.
Sizable Portfolio
The size of the client's financial instrument portfolio, defined as including cash deposits and financial instruments exceeds 500,000 EUR
Relevant Experience
The client works or has worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services envisaged.
Please note
Elective Professional Clients will be afforded the same level of protection as Retail Clients, with one notable exception: their funds will not be covered under the Investor Compensation Fund. Professional Clients have the right to change their status back to Retail at any time.
Please note that for now, we accept recategorization forms from clients who want to be treated as a Professional generally (for all products).