Upgrade to a Professional trading account to unlock higher margins, volume-based cash rebates and referral bonuses.
Earn monthly cash rebates from your very first trade - and unlock higher rewards as you hit key volume thresholds.
Access higher leverage on major indices, FX, commodities, shares and crypto CFDs.
Navigate between your retail and Pro accounts to manage your leverage limits.
Sophisticated Investor
Requirement 1:
• You have placed a minimum of 20 leveraged derivative trades per quarter for at least 4 quarters in the preceding 2 years with a notional value of AUD $500,000 or more in each quarter OR
• You have worked in the financial services industry for at least 1 year in a position which requires experience or knowledge of derivatives and leveraged trading
Requirement 2:
• You have passed our short assessment to demonstrate your knowledge and experience
In terms of Section 761GA we may categorise you as a Wholesale Client if we are satisfied on reasonable grounds that you have experience and can assess:
• the merits of the product or service;
• and the value of the product or service;
• and the risks associated with holding the product;
• and your own information needs;
• and the adequacy of the information we have given you.
Wealth
Requirement:
• You have net assets* of at least AUD $2.5 million
OR
• You have had a gross income of at least AUD $250,000 a year for the last 2 financial years
If you meet the above criteria, then we may consider categorising you under Section 761G(7) of the Corporations Act 2001 (Cth) as a Wholesale Client; however, please note that this criteria is subject to you providing us with a certificate from a Qualified Accountant.
*Net assets may include:
• Savings, shares and property/land investments
• Superannuation and trusts
• Other assets such as cars and caravans
• Business value
You will lose the protections afforded to retail clients under ASIC’s Product Intervention Order for Contracts for Difference, including negative balance protection and leverage restrictions.
You will not be provided with a Product Disclosure Statement (PDS) and Financial Services Guide (FSG).
The Product Design and Distribution Obligations and the conflicted remuneration provisions in the Corporations Act 2001 (Cth) will not apply to you.
You may lose access to having complaints handled through an external resolution body, as the Australian Financial Complaints Authority (AFCA) has the discretion to accept or not accept complaints from professional (wholesale) clients.
For more information, please read our Wholesale Client Information Guide.
| Maximum Leverage | Retail account | Professional account |
| Major currencies | 30:1 | 300:1 |
| Major indices | 20:1 | 200:1 |
| Commodities | 10:1 | 200:1 |
| Shares | 5:1 | 20:1 |
| Cryptocurrencies | 2:1 | 100:1 |
Higher leverage will lower the level of margin required to hold a position.
For example, the minimum margin required to take a position worth $10,000 for each account type is shown below:
| Maximum Leverage | Retail account | Professional account |
| Major currencies | $333 | $33 |
| Major indices | $500 | $50 |
| Commodities | $1,000 | $50 |
| Shares | $2,000 | $500 |
| Cryptocurrencies | $5,000 | $100 |
