Professional Trading Terms
How to proceed?
Retail Terms
If you would like to benefit from the extra protection afforded to retail clients, please register in Trader`s Room and just skip the Professional application step in the account opening form.
Professional Terms
If you are eligible to become a Professional client, please register in Trader`s Room and fill the Professional application form when opening an account.
Existing Clients
If you already have an account with us and and you’re eligible to become a Professional client, please submit a form in the `Professional Terms` tab in Trader`s Room.
Questions and Answers
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Why is there a lower leverage limit under retail terms?
Leverage available to retail clients is intentionally lower than that available to professional clients.
Lower leverage acts as a protection for retail clients by reducing the maximum exposure that a retail client can have to the markets. This in turn reduces the potential loss that a retail client may incur if market movements are unfavourable.
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Why do I need a negative balance protection?
When trading on margin,there is the possibility that the balance (or value) of your account can go negative,if the market(s) in which you have a position gaps abruptly.
Retail terms provide a full protection against negative balances.
According to statistics of Admiral Markets Group, the average compensation of negative balances made in 2017 was 78 GBP.
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Why do I need to be able to complain to regulators?
You may be willing to escalate a dispute to the Financial Ombudsman Service (FOS) if you think that it has been resolved by us with a breach of any kind.
Retail clients are fully eligible for complaining to the FOS, while professional clients can only use this right if they are qualified as `Consumers` (i.e. individual traders). Professional clients trading on behalf of legal entities do not have this right.
In any case, it is essential to understand that we are a regulated financial services firm and always aim at resolving all disputes in compliance with applicable laws and regulations.