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If you would like to trade under the categorization of professional trader, please read the categorization criteria below. You can change your categorization at a later stage as well.
Professional clients trade at higher leverage, and more specifically 1:200 for major currency pairs, 1:66 for major indices, 1:50 for oil and gas, 1:10 for stocks, 1:5 for cryptocurrencies.
In order to be categorized as a professional client, you must meet at least two of the following criteria:
In the last four quarters, you have made on average of 10 deals for a quarter with a significant volume. Note: for volumes traded, you can also take into account volumes you have traded with other investment intermediaries in the country and/or abroad. The deal has a significant volume when its amount exceeds 10 000 euros.
You own a portfolio of financial instruments and cash worth more than 500,000 euros. Note: savings, bank deposits, securities or portfolios with other investment intermediaries and banks in the country and/or abroad can be taken into account for the purposes of the financial portfolio.
You have worked for more than 1 year in the financial sector in a position that requires knowledge of BenchMark's transactions and services.