Become a professional client to retain your existing margin rates.
The European Securities and Markets Authority (ESMA) has released its decision for implementing measures to limit leverage according to client classifications. These changes will take place shortly so in order to retain your current margin levels, you have the right to request re-classification as a Professional client.
To qualify as a professional client and switch your account to EuropeFX Pro you must satisfy a minimum of two from the following three criteria.
†Financial instruments include shares, derivatives (only cash deposits made to fund/profits realized from investing in derivatives), debt instruments and cash deposits. It does not include property portfolios, direct commodity ownership or notional values of leveraged instruments.
As a EuropeFX Pro client, you will not be subject to the leverage restrictions applicable to retail clients. Higher leverage may magnify trading results but it may also magnify losses. As a Pro client, you will not be provided with the existing risk warnings provided to retail clients, or any future standardized risk warning introduced in relation to transactions in complex financial instruments. You will not be eligible for the Investors Compensation Fund (ICF).
Certain CySEC (or equivalent) guidelines related to information provided by EuropeFX will not apply, including but not limited to guidelines relating to communications and promotions. Retail clients will benefit from negative balance protection. This will not be available on a EuropeFX Pro account.
Any questions about EuropeFX Pro?
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