From August 1st 2018, rule changes annouced by the European Securities and Markets Authority's (ESMA) for retail clients in trading CFDs will take effect which will restrict the leverage all licensed brokers can offer
Starting from July 30th 2018, the maximum leverage value for all newly-opened CFD positions will be limited depending on the asset type:
This feature will standardize the percentage of margin (at 50% of minimum required margin) at which a provider is required to close out one or more of your open CFD positions.
All the traders are guaranteed with the negative balance protection clients since a long time. Negative balance protection ensures that a trader can't lose more money than they have on their account.
Tradecentrum offers for its professional clients a variaty of promotional offers. Please get in touch for more information.
Investor Compensation Fund (ICF) of Cyprus in an organization, which provides insured clients of the companies registered in CySEC with compensation payments, if the companies aren´t able to pay them on their own.
To become a Professional Client, you must have a relevant experience, knowledge and competence required to independently make investment decisions and to accurately evaluate the risks these decisions involve.
To successfully pass the qualification test, you have to meet at least two (2) of the criteria below:
I. The size of your financial instrument portfolio, which includes both cash deposits and financial instruments, exceeds 500,000 EUR. In this case portfolio includes cash and securities in a bank/other brokerage/asset management account.
II. You have performed large transactions on the relevant market with an average frequency of 10 (ten) per quarter over the previous four (4) quarters.
III. You have been working or worked in the financial sector for at least one (1) year in a professional position, which requires knowledge of the transactions or services envisaged.
I. Download and complete the “Application to Change of Client Status” here and send it to email@example.com
I. Our specialists will reach out to request supporting documentation in order to review your request.
II. Shortly after you have submitted all necessary documents, you will be informed whether or not the application to become a Proffesional Client was approved or rejected.
Trading is risky and your entire investment may be exposed