Become an AvaTrade Pro
You know how to trade! As a wholesale client, get the freedom and service that your experience deserves with AvaTrade. Upgrade to wholesale client status with an AvaTrade Pro account and maintain your current leverage as well as our award-winning service, fast execution, tight spreads and low commissions. To be eligible for an AvaTrade Pro account, you need to meet the "wholesale client" eligibility criteria under the Corporations Act 2001. See below.
Benefits of AvaTrade Pro
Opening an AvaTrade Pro account gives you access to a number of exclusive benefits, at no additional cost and different features such as higher leverage, which are not available to retail clients.
Higher leverage – Continue to access higher trading leverage and reduced margins on major indices, FX pairs and shares.
What should you be Aware of?
Retail clients are afforded additional investor protections compared with wholesale clients. If you are a wholesale client, we will continue to fully segregate your money and assets in the same way as retail clients. While a greater amount of leverage will be available to AvaTrade Pro account holders, there will also be a greater amount of risk. You will not have negative balance protection and the protections afforded under ASIC’s product intervention measures for CFDs, including leverage restrictions. We are not required to provide you with updates to our Product Disclosure Statement (PDS) or Financial Services Guide (FSG) or any other document AvaTrade is ordinarily required to provide a retail client. Our external dispute resolution scheme, the Australian Financial Complaints Authority, has discretion to exclude complaints from wholesale clients. Please also review our Wholesale (Professional) Client Information Statement.
Eligibility criteria
To enjoy all the benefits of Professional status, you will need to meet one of the eligibility criteria below. Even if you meet these requirements, in some circumstances, we may still choose to not grant your request to be treated as a Professional. If you answer yes to both requirements under Criteria 1 OR yes to either requirement under Criteria 2 below, you could be eligible for an AvaTrade Pro account. For more information on how to become a professional client, please do not hesitate to contact your account manager and/or our Customer Services team.
CRITERIA 1
You have a minimum of 12 months leverage trading experience during which you have placed, on average, at least 15 trades per quarter in qualifying size.*
ORYou have held a professional position in the financial services sector that required experience of derivatives trading for at least 12 months.
Requirement 2: SavingsYou have gross annual income of over $100,000 or Savings & Investments of over $500,000
CRITERIA 2
You have net assets** of $2.5 million.
ORYou have gross income for each of the last two financial years of at least $250,000.
*Opening and closing a position is considered as 1 trade. $20,000 notional size for equities and/or $100,000 notional size for Indices, FX or Commodities. Trades must have been placed within last 5 years.
**Remember to include the following when calculating your net assets:- Shares, savings and any other investments
- Your home, investment properties and land
- Value of your business
- Superannuation and trusts
- Other assets such as cars, boats and caravans