PropPluse

Professional Client

What it takes to be a Professional Trader

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Your capital is at risk. You may lose all of your invested capital.

In order to become a professional client you are required to meet 2 out of 3 below criteria:

  • You have carried out transactions of significant size on the relevant market at an average frequency of 10 per quarter over the previous four quarters.
  • The size of your financial instrument portfolio, defined as including cash deposits and financial instruments, exceeds €500,000.
  • You work or have worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services.

Request reclassification

Request from the Company in writing that you wish to be treated as a Professional Client. As soon as we receive your request our back office team will review it and will get in touch with you.

backoffice@thepropplus.com

By becoming an Elective Professional client, you will lose protections afforded to Retail Clients, including but not limited to:

  • You will not be eligible to seek the services of the Investor Compensation Fund and may not be eligible for compensation under its protection.
  • You will be responsible for ensuring that your account does not fall into a negative balance.
  • Retail Clients are provided with more information regarding the Company’s fees, charges, commissions and expenses.
  • Retail Clients provide more information regarding their knowledge and experience so the Company can assess appropriateness.
  • The Company takes all reasonable steps to ensure best execution for Retail Clients.
  • A Retail Client will receive information regarding executed orders timely and in more detail.
  • A Retail Client who is provided Portfolio Management will receive more detailed and frequent information.
  • A Retail Client will be informed of the Company’s liability in relation to possible solvency of the custodian.

Please ensure that you read and understand the Client Categorization Policy. For more information please email backoffice@thepropplus.com.