CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trade as a Professional Client
Classifying as a Professional Client means you waive
FSCS protection
Professional clients might not be covered by the Financial Services Compensation Scheme (or receive other protection from FSCS)
Best Execution policies
Retail clients are always prioritised above professional clients with regards to our order execution policies
Obligations to be informed
Specifically related to information related to Company, services and applicable charges (e.g. costs, commissions and fees) and other income payable to FXTM
Disclaimers and risk warnings
We are not obligated to provide you with written risk warnings in regards to complex financial instruments (like CFDs)
Marketing communication
We are not obligated to comply with relevant legislation relating to marketing communication
Please make sure you are familiar with our full terms and conditions.
Do you qualify as a Professional Client?
You must be able to answer ‘yes’ to at least two of the following questions:
Have you traded a significant size of CFDs (at least 10 lots per quarter over the previous four (4) quarters)?
Do you have at least one year of professional work experience in the financial sector, where knowledge of transactions or services in CFDs was required?
Does the size of your portfolio (including cash and financial instruments) exceed 500,000 Euros?
Are you a Professional Client? Apply to find out
If you have any more questions regarding the distinction between Professional and Retail clients, please read through the Customer Categorisation document, or Contact Us and our Customer Support team will be happy to help.
