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Professional Accounts

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Get maximum flexibility in the markets with our Professional Account

FXGM gives traders a choice of two account options : Professional and Retail.

Our Professional Account is for investors who wish to trade with higher leverage and 0% margin close-out, and to receive promotions. It is suitable for traders who have the experience, knowledge and capability to make their own investment decisions and understand the risks involved. As a Professional Client you also accept to waive some of the protections under the rules of business conduct, including the right to compensation under the Investor Compensation Fund and the right to address a complaint to the Financial Ombudsman. Retail Clients may also request to be treated as Professional if the relevant criteria are fulfilled. Please refer to our Client Categorisation policy for more information.

You can state your preference to be a professional client through the platform or by filling out our Request form. An Application for Professional Clients is also available on our website.

For a Professional Account you need to meet at least two of the following requirements:

1. You have carried out transactions, in significant size, on the relevant market at an average frequency of 10 per quarter over the previous four quarters.

2. The size of your financial instrument portfolio, defined as including cash deposits and financial instruments, exceeds EUR 500,000.

3. You work/have worked in the financial sector for at least one year in a professional position which requires knowledge of the transactions or services envisaged.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.