CFDs and Spread Bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 57.7% of retail investor accounts lose money when trading CFDs and Spread Bets with this provider. You should consider whether you understand how CFDs and Spread Bets work and whether you can afford to take the high risk of losing your money.
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TRADING ACCOUNTS
Professional Account
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Eligibility for a Vantage Professional account.
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Frequently Asked Questions
Professional Account
Our most advanced trading account offering deep liquidity and true ECN institutional spreads.
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900+
instruments to trade
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$0
deposit fees*
*Other fees may be applicable
Our most advanced trading account offering deep liquidity and true ECN institutional spreads.
TRADE NOWEligibility for a Vantage Professional account.
If you answer yes to two or more of the following questions, you may be eligible for a Vantage Professional account.
Financial Sector Experience
Do you have experience in the financial sector with at least one year in a professional position requiring knowledge of derivatives trading?
Have you recently traded leveraged derivatives in significant sizes over the last 4 quarters?
Financial Portfolio Benchmark
Is your financial portfolio above EUR 500,000?
Frequently Asked Questions
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1
What if I am not eligible to become a Professional Client?
You can still apply and trade with our Standard retail and Premium trading accounts. You can apply here. -
2
What if I already have a Vantage retail account?
If you apply and are eligible for a Professional account, you will need to supply the correct verification documents before approval is given. Once approved, you will be moved to our Professional trading account. -
3
Do I have the same protections in place as a standard retail trading account?
No.
Please note that Professional clients have fewer FCA protections than Retail clients.
A number of FCA Rules do not apply, or only partially apply to Elective Professional Clients, including the below:
Risk
We are not obliged to ensure that you understand the nature of any risks involved in any specific investments or transactions that you undertake with us as an Elective Professional Client. We will assume that you are in a position to judge the type and degree of risk attached to the various types of investments.
Leverage caps
Rules limiting leverage do not apply to Professional Clients, meaning the risk of losing your money rapidly due to leverage is increased.
Communicating with clients, including financial promotions
As an Elective Professional Client the way in which we communicate with you may be different from the way in which we would communicate with a client which is categorised as a “retail client” (Retail Client) for the purposes of FCA Rules. While we must still ensure that our communications with you are fair, clear and not misleading we may determine this with regard to the nature of an Elective Professional Client.
Financial Ombudsman Service and Financial Services Compensation Scheme
As a result of a re-categorisation as a Professional Client, you may lose the right of access to the Financial Ombudsman Service (see DISP 2.7.9 in the FCA Rules). Access to the FOS will not extend to all professional clients (only those that meet the FCA Handbook definition of a consumer) and may therefore not extend to you.
The FSCS compensation fund designed by the UK government to act as a ‘safety net’ only covers retail clients and small businesses if they’ve been clients of a financial services firm which becomes insolvent.
Negative balance protection
The rules limiting your liability to the funds in your trading account only apply to Retail Clients. This means that Professional Clients can lose more than the funds they deposit to their trading account.