How to qualify
If you meet at least two of the following criteria, you may be eligible to reclassify as an Elective Professional client:
Industry-wide regulations have been introduced and are designed to protect less experienced traders. However, if you’d like to waive these protections and trade with greater flexibility, you can apply for elective professional status.
Please read the following information carefully and note the protections you’ll waive as a professional.
FX (majors) | 1.50% | 66:1 |
FX (minors) | 2.00% | 50:1 |
Index (majors) | 2.50% | 40:1 |
Index (minors) | 3.00% | 33:1 |
Gold | 3.00% | 33:1 |
Equity | 10.00% | 10:1 |
Commodity | From 4% | From 25:1 |
As a Professional client you are able to take advantage of the portfolio-based margin model. You can read more about the model and how to apply here. For more information on professional margin rates, please see margin information for Professional clients.
As a Professional client, you can use a percentage of your shareholdings as
collateral for margin trading. Find more information here.
Access over 71,000 instruments, across all asset classes, from a single cross-collateralised account and hold and deposit funds in 18 currencies.
Place and manage orders in the blink of an eye with SaxoTraderPRO, our most powerful platform yet, or trade on the move with SaxoTraderGO.
Benefit from market-leading entry prices and get tighter spreads and lower commissions when you upgrade your trading tier.
Receive best-in-class digital support as standard and unlock even better personal service with our premium trading tiers.
For more information, please read here.
If you didn’t find what you were after, contact us directly and we’ll be pleased to help.
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In our platform, go to Account > Other > Classification Status
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