Become a Professional Trader
Professional Clients with AvaTrade can use higher trading leverage.
& Become professional
AvaTrade provides its clients with the option to choose between 2 account types, professional and retail.
The following table provides in depth information regarding both account types:
|Retail account||Professional account|
LEVERAGED TRADINGFSRA limits leverage on retail accounts up to 30:1. Professional clients must apply for higher levels.
NEGATIVE BALANCE PROTECTIONAll clients will benefit from negative balance protection.
SEGREGATED ACCOUNTSYour assets are held in segregated bank accounts that are not accessed by AvaTrade.
RISK WARNINGSProfessional clients may not be provided with the same risk warnings which must be provided to retail clients.
To be eligible for a professional account you will need to meet criteria (1)
(1) Net assets of at least $500,000
The calculation of which must exclude:
• property which is your primary residence, or any loan secured on that residence;
• any rights to a qualifying Contract of Insurance within the meaning of FSMR; or
• any benefits (in the form of pensions or otherwise) which are payable on the termination of your service or on death or retirement and to which you or your dependents are, or may be, entitled;
(2)(a) Sufficient trading activity in the last 12 months
You have carried out transactions, in significant size, on the relevant market at an average frequency of 30 over the last 12 months (with AvaTrade and other providers). Relevant market – OTC Derivatives such as Leveraged CFDs and Forex.
(2)(b) Relevant experience in the financial services sector
You work or have worked, in the previous 12 months with a company or investment exchange or remote clearing house authorised under the Financial Services and Markets Regulations.
Financial instrument portfolio of over €500,000 (including cash saving and financial instruments)
Financial instrument portfolio of over €500,000. Financial instruments include shares, derivatives (only cash deposits made to fund/profits realised from investing in derivatives), debt instruments and cash deposits. It does not include property portfolios, direct commodity ownership or notional values of leveraged instruments.
Note: the above (Professional trading process) is applicable only to the following countries (under EU regulations):
Austria, Italy, Belgium, Latvia, Bulgaria, Lithuania, Croatia, Luxembourg, Cyprus, Malta, Czech Republic, Netherlands, Denmark, Poland, Estonia, Portugal, Finland, Romania, France, Slovakia, Germany, Slovenia, Greece, Spain, Hungary, Sweden, Ireland, United Kingdom.