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PROFESSIONAL TRADING WITH AVATRADE
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To be eligible for a professional account you will need to meet at least 2 of the following criteria:
- Sufficient trading activity in the last 12 months
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 (with AvaTrade and other providers). Relevant market – OTC Derivatives such as Leveraged CFDs, Forex, Spread Betting.
- Relevant experience in the financial services sector
You work or have worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services envisaged.
- Financial instrument portfolio of over €500,000 (including cash saving and financial instruments)
Financial instrument portfolio of over €500,000. Financial instruments include shares, derivatives (only cash deposits made to fund/profits realised from investing in derivatives), debt instruments and cash deposits. It does not include property portfolios, direct commodity ownership or notional values of leveraged instruments.
Note: the above (Professional trading process) is applicable only to the following countries (under EU regulations):
Austria, Italy, Belgium, Latvia, Bulgaria, Lithuania, Croatia, Luxembourg, Cyprus, Malta, Czech Republic, Netherlands, Denmark, Poland, Estonia, Portugal, Finland, Romania, France, Slovakia, Germany, Slovenia, Greece, Spain, Hungary, Sweden, Ireland, United Kingdom.