Professional Client Account
How professional client status applies
Professional Clients are considered to possess the experience, knowledge, and expertise to make their own investment decisions and properly assess the risks involved.
Are you eligible to be classified as a Professional Client?
Eligible clients may request to be classified as Professional Clients in accordance with applicable regulation.
Professional Clients may receive a different level of regulatory protection and may have access to different trading conditions.
Classification is subject to an assessment by the Company based on criteria set out in applicable laws and internal policies.
How to apply for a Professional Client Classification
To qualify as a Professional Client, you must meet at least two of the following criteria:
- You have carried out transactions of significant size on the relevant market at an average frequency of 10 trades per quarter over the previous four quarters.
- The value of your financial instruments portfolio, including cash deposits, exceeds €500,000.
- You work or have worked in the financial sector for at least one year in a professional position requiring knowledge of leveraged products.
Meeting the above criteria does not automatically result in approval, as classification is subject to an assessment by the Company.
Clients may request Professional classification by submitting an application along with any required supporting documentation. Each application is assessed on an individual basis.
For assistance with your application, please contact us at info@wrdnb.com.