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

PROFESSIONAL ACCOUNT

If you are classified as a Wholesale Client or a Professional Investor, you may be eligible for a professional account.

Professional Account Details

Margin Rates

As a Professional Trader, you can trade with a minimum of 0.25% margin. ATFX Connect is required to limit leverage on different products offered to retail accounts to comply with the ASIC requirements. These restrictions do not apply to Professional Accounts.

No Negative Balance Protection

Professional Traders are responsible for ensuring that their account does not fall into a negative balance. If it does, you will need to make additional payments to bring your balance back above zero, meaning that your losses can exceed your deposits.

Best Execution

You can keep trading with tight spreads and our best execution model. The Professional Account has market leading execution provided by our pool of liquidity providers.

Product Disclosure Statement & Financial Services Guide

Currently, Professional Accounts will not be entitled to some of the protections afforded to retail clients under the Corporations Act 2001 (Cth). ATFX Connect is not required to give you a Product Disclosure Statement (PDS) or Financial Services Guide (FSG).

Client Money Segregation

Money you hold with us will remain in a segregated client bank account.

Australian Financial Complaints Authority (AFCA)

ATFX Connect provides access to internal dispute resolution process to Professional Accounts, but if you are not satisfied with our process you may not be able to access our external dispute resolution process provided by the Australian Financial Complaints Authority (AFCA).

Eligibility Criteria

There are two ways to qualify for a Professional Account: You need to meet the criteria of either the Asset Test for the Wholesale Client or Sophisticated Test for the Professional Account.

Asset Test
You meet one of the two criteria
Criteria 1 Net assets are at least 2.5 million AUD
or
Criteria 2 Gross income for each of the last 2 financial years are at least 250,000 AUD per year
Sophisticated Test
You meet one of the two criteria
Criteria 1 At least 50 CFD trades in the last 12 months
or
Criteria 2 At least 500,000 AUD notional value of CFD trades in the last 12 months
or
Criteria 3 The value of your portfolio, assets and investments exceeds 250,000 AUD
or
Criteria 4 At least 1 year working experience in the financial sector

If you have any questions, please let us know from the following form.

Contact Us

APPLY PROFESSIONAL ACCOUNT

1. Provide the each of the following 2 documents to apply for professional account

Certificate by a qualified Accountant

Wholesale Client Information Statement

2. When completed the documents should be sent back to [email protected] or [email protected].

Important Information

ATFX CONNECT EU does not offer services to retail clients. The information and contact details provided on this website are intended for professional clients’ use only.