What does Professional Client status mean?
Professional Client status is suitable only for highly experienced traders.
Please note that to qualify for this status, you must pass a knowledge and experience test (fitness test) conducted by the Company.
In addition to the test, at least two conditions from the following list must be met:
- You carried out transactions, in significant size, on the relevant market at an average frequency of 10 per quarter over the previous four quarters.
- You have a financial instrument portfolio, including cash deposits, exceeding €500,000.
- You have worked at least a year in the financial sector in a professional position that requires knowledge of the relevant transactions or services.
If you would like to read more about Professional Client status, click here.