PRO account is a choice for a seasoned CFD trader
With leverage up to 1:500 and loyalty programs our PRO accounts are for traders who are seeking for a greater degree of flexibility in their trading strategies. PRO accounts are available only to Wholesale Clients who meet eligibility requirements and passed through this 3-step application process
Benefits of PRO
Our Pro Account offers different features which are not available to Retail Clients
LeverageGet access to higher leverage
BonusesCash rebates and other bonuses
ProtectionNegative Account Balance Protection up to 100 000 AUD
Who can open a PRO account?
Under the Corporations Act 2001 (Cth), clients are categorised as either Retail or Wholesale (professional). The PRO account is available only to Wholesale Clients who meet certain eligibility requirements, which we will detail further below
How will my client money be treated with PRO?
As an PRO account client we will continue to fully segregate your funds in the same way as before in accordance with the client money provisions of the Corporations Act 2001 (Cth)
As a Wholesale (PRO) client, you will not be entitled to some of the protections afforded to retail clients under the Corporate Act 2001 (Cth):
- By default, we categorise all clients as Retail
- The protections afforded under ASIC’s product intervention measures for CFDs will not apply to Wholesale Clients
- We are not required to provide a Product Disclosure Statement (PDS) or the Financial Services Guide (FSG)
- Our external dispute resolution body, the Australian Financial Complaints Authority (AFCA), has discretion to exclude complaints from wholesale clients
Am I eligible for an Admirals PRO account?
There are two ways to qualify for a PRO account
Sophisticated Investor Test
How Can I Apply For PRO account?
Choose Upgrade to PRO in the Trader`s room
You will be required to demonstrate certain levels of income, savings and past experience with leveraged financial products
As a Wholesale Client you will be giving up some of the protections that are afforded to Retail Clients
We will request additional supporting evidence from you to verify how you meet eligibility criteria