PROFESSIONAL CLIENTS
BP Prime Professional Client Trading
Professional clients are permitted higher leverage but in doing so lose certain investor protections.
It’s also necessary to meet the eligibility criteria, a qualitative and quantitative test.
PROFESSIONAL CLIENTS
Eligibility
The Financial Conduct Authority has stipulated criteria which must be met to qualify as a professional client.
Have you placed 10 relevant trades of a significant size per quarter in the last year?
Does your financial instrument portfolio exceed €500,000?
Do you, or have you, worked in the financial sector for at least one year?
A professional client has a greater understanding of financial markets and the associated risks when trading with leverage. Professional clients also lose some of the protections that are afforded to retail clients. If you wish to maintain this protection or are not eligible to apply as a professional client, you may apply for an account as a retail trader.