Cash rebates, increased leverage and premium services. Eligibility criteria applies.
Higher leverage on major indices, FX, commodities, shares and crypto CFDs. Leverage amplifies both potential profits and losses.
In-depth research, a priority phone line, dedicated account managers and exclusive events.
Protections provided under ASIC's Product Intervention Order for Contracts for Difference — including negative balance protection and leverage limits — do not apply to professional accounts.
You will not be provided with a Product Disclosure Statement (PDS) or Financial Services Guide (FSG).
The Product Design and Distribution Obligations and conflicted remuneration provisions under the Corporations Act 2001 (Cth) do not apply.
You may lose access to external dispute resolution. The Australian Financial Complaints Authority (AFCA) has the discretion to accept or decline complaints from professional (wholesale) clients.
Full details are available in the Wholesale Client Information Guide.
Professional client classification requires meeting the criteria for at least one of the following two pathways.
Requirement 1
You have either:
• Placed a minimum of 20 leveraged derivative trades per quarter for at least four quarters in the past two years with a minimum notional value of $500,000 AUD per quarter;
OR
• At least one year of professional experience in the financial services industry, specifically in a position requiring knowledge or experience with derivatives and leveraged trading.
Requirement 2
• You must pass our brief assessment, designed to verify your knowledge and experience.
In accordance with Section 761GA of the Corporations Act 2001, we may categorise you as a Wholesale Client if we are satisfied, on reasonable grounds, that you have the necessary experience and can assess the:
You need to demonstrate either of the following:
If you meet the above criteria, then we may consider categorising you as a Wholesale Client under section 761G(7) of the Corporations Act 2001 (Cth) Please note, however, that to confirm eligibility under this criterion, you must provide a certificate from a Qualified Accountant.
Net assets can include:
| Maximum Leverage | Retail account | Professional account |
| Major currencies | 30:1 | 500:1 |
| Major indices | 20:1 | 500:1 |
| Major commodities | 10:1 | 500:1 |
| Shares | 5:1 | 33:1 |
| Cryptocurrencies | 2:1 | 100:1 |
Higher leverage reduces the margin required to open a position.
The minimum margin required for a $10,000 position is shown below for each account type.
| Minimum margin | Retail account | Professional account |
| Major currencies | $333 | $20 |
| Major indices | $500 | $20 |
| Major commodities | $1,000 | $20 |
| Shares | $2,000 | $303 |
| Cryptocurrencies | $5,000 | $100 |
