In connection with the rules by the European Securities and Markets Authority (ESMA) that came into force on August 1, 2018, restrictions have been imposed on the conditions for provision of financial services for retail clients of financial institutions operating in the European Union.
A client, who has completed the registration and verification procedure, becomes a client in the Retail category, and has a number of trading and investment restrictions in comparison with clients in the Professional category.
|FX MAIN (Majors and crosses)||1:30||up to 1:200|
|FX EXOTIC (other currencies and crosses)||1:20||up to 1:200|
|Spot Metals (metals)||1:20||up to 1:250|
|CFD Indicies (CFD on major stock indexes)||1:20||up to 1:50|
|CFD Commodities (CFD on Commodities)||1:10||up to 1:100|
Professional client requirements
You need to meet two of any of the three requirements below:
- You have a portfolio of financial instruments, including cash deposits worth at least €500,000.
- You have conducted at least 10 trades of a significant size over the past 4 quarters.
- You have worked in the financial sector in the relevant field for at least 1 year.
Do you meet the criteria?
Take the qualification test and apply for a Professional status in your Personal Area.
Get prompt response from our specialists.
Application is submitted through the Personal Area. For this, you must first go through the registration and verification procedure.
In case we have questions or we need you to provide additional documents, you will be sent a message.
Please be aware you will not be protected by ESMA’s leverage caps for CFDs and Spread Betting.
We will not be required to provide you with a standardised risk warning, as prescribed by ESMA, including the percentage of clients that lose money trading with AFX Markets Limited.
As a professional client you will be asked to provide documentary evidence to ensure the above criteria is met as part of the account opening process.
Please bear in mind that you will need to notify us if your circumstances change and you no longer meet the above criteria.