What are you benefits of bacoming a client
Access to increased leverage
The leverage limits im the table below are applicable. As a professional client you must be aware thet with
increased risk.
Earn Rebates
As a Professional Client, you may be entitled to receive monthly cash rebates. This can be achieved by meeteng our minimum monthlle trade volume requirements. For more information, please contact us.
Wealth and/or Experience
We expect professional clients to demonstrate that they meet certain wealth criteria or have a certain level of d
knowledge and understanding of the risks associated with trading complex financial products and behavior
transactions. You can apply to become a professional client under either one of the following classifications:
Wealth
1. Do you have net assets* of at least USD $3 million;
OR
2. Have you had a gross income of at least AUD $250000 a year, for the last 2 financial years?
AND
3. You have passed an assessment to demonstrate your knowledge.
If you meet the above criteria of the Corporations Act 2001 (Cth) as a Wholesale Client; however, please note that this criteria is subject to you providing us with a certificate from a Qualified Accountant.
Net assets may include:
- savings, shares and property/land investments
- superannuation and trusts
- other assets such as cars and caravans
- business value
Sophisticted investor
1. In the last 3 years, you have placed a minimum of 20 leveraged derivative trades per quarter over 12 consecutive months (i.e. 4 quarters) with a notionalvalue of no less than USD $ 1,000,000:
OR
2. You have worked in the financial services industry for at least 1 year in a position which requires experience or knowledge of derivatives and leveraged trading
AND
3. You have passed a short assessment to demonstrate your knowledge and experience is that of a Sophisticated Investor.
We may categorise you as a Wholesale Client if we are satisfied on reasonable grounds that you have experience and can assess
- the merits of the product or service
- the value of the product or service
- the risks associated with holding the product
- your own information needs
- the adequacy of the information we have given you