The New Admiral Markets Pro account

December 02, 2020 16:30

Dear Traders,

Admirals is proud to announce our new, PRO Account for wholesale clients!

Wholesale client status gives you access to a number of exclusive benefits at no extra cost. PRO Account is for experienced CFD traders who are seeking a truly premium trading experience. With higher leverage, loyalty programs and priority access to our products, PRO Account is a choice for the experienced trader.

Here is what you can expect from a PRO Account:

Potential - Professional clients get access to higher leverage, up to 1:500, and can use trading strategies that benefit from greater exposure. Remember, higher rewards come with higher risk.
Bonuses - Earn cash rebates for your trading and get access to all existing and prospective incentives, discounts and rewards.
Protection - Segregation of funds and Negative Balance Protection Policy with the maximum payout of 100,000 AUD

At this time we offer PRO accounts only to individual investors, who meet the requirements of the wholesale client status and can demonstrate this by passing either wealth or sophisticated investor tests. Refer to the table below to check if you are eligible to open a PRO Account!

Option #1 Wealth Test	Option #2 Sophisticated Test
Criteria 1	Criteria 1
Net assets of at least $2.5 million AUD	$100,000 AUD gross income per annum: OR Savings & investment portfolio over $500,000 AUD
OR	AND
Criteria 2	Criteria 2
Your gross income for each of the last two financial years is at least $250,000 AUD per annum	Trade experience - Min 20 qualifying trades* per quarter (for any 4 quarters in last 5 years) OR Industry experience – Work or have worked a minimum of 12 months in a professional position in the financial services sector that requires knowledge of leveraged trading or CFDs or FX *A qualifying trade is any trade greater than or equal to a notional value of $20,000 AUD on equities or $50,000 AUD on forex, indices and commodities.

We will open the registration of new PRO accounts in the Trader’s Room starting from 23 March 2021. However, you can already now pre-submit to us documents demonstrating how you meet eligibility requirements. Depending on the chosen qualification test, please upload documents in the “Documents” section of the Trader’s Room.

After PRO Account registration will open, please make sure to fill in and submit to us the application via the “Upgrade to PRO” section of the Trader’s Room. We will instantly add any previously attached documents to your application for faster review, or you can add your documents later as you go through the application process.

Kind regards,

Admiral Markets

Admirals

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