Professional
Accounts
If you meet at least two of the following three criteria, you may be eligible for a professional trading account.
A service offering higher leverage rates, dedicated account managers and access to derivatives on crypto currencies is targeted to traders who may be eligible to be classed as a Professional Client.
Professional Clients are not subject to product intervention measures by ESMA introduced in 2018.
- You have executed significant sized leverage trades at an average frequency of 10 per quarter over the last 4 quarters.
- You have a financial instrument portfolio, including cash deposits, exceeding €500,000.
- You work or have worked in financial sector for at least one year in a professional position which requires knowledge of leveraged products.
As a professional client you will not get the same protections afforded to retail clients.
Risk warnings: APM Markets is not required to provide you with the current risk warnings we must provide to retail clients.
Communications and financial promotions: Certain FCA (or equivalent) rules relating to the form and content of information provided by APM Markets do not apply, including those relating to communications and financial promotions.
Negative balance protection: Retail clients benefit from negative balance protection, meaning that their losses cannot exceed deposits. This functionality is not available to professional clients.
Leverage restrictions: APM Markets is required to restrict leverage to between 30:1 and 2:1 on the products we offer to retail clients. This is not applicable to Pro clients. Higher leverage can work against investors and amplify losses.
Financial Ombudsman Service (or equivalent): Access to the Financial Ombudsman Service (the “FOS”) will not extend to all professional clients (only those that meet the FCA handbook definition of a consumer) and may therefore not extend to you. The FOS is an independent service for settling disputes between FCA-regulated firms and eligible complainants. If you are not sure whether you will be entitled to refer your complaint to FOS, we suggest you contact FOS directly.
Assumed level of Experience: Professional clients may be assumed by us to have a certain level of knowledge and experience in trading CFDs and Spread Bets.