Professional Client Accounts

XGLOBAL offers trading conditions suitable for experienced traders such as high leverage to clients that are categorized as professional. Clients that can prove they meet the eligibility criteria can request to be categorized as professional.

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CFD Trading is high risk. You may lose more than you invest.

Professional vs Retail Client Categorization

XGLOBAL clients are categorized as retail when they initially sign-up, which restricts us to providing trading conditions that the European Securities and Markets Authority deem suitable for retail traders. New and existing clients that can prove they meet the eligibility criteria can request to be re-categorized as professional at any time. Professional clients are not subject to the same leverage limitations as retail traders but some of the protection offered to retail clients is lost.

Professional Retail
Margin Requirements
FX Majors 1% / 100:1* Leverage 3.33% / 30:1 Leverage
FX Minors 1% / 100:1* Leverage 5% / 20:1 Leverage
Gold 1% / 100:1* Leverage 5% / 20:1 Leverage
Indices 1% / 100:1* Leverage 5% / 20:1 Leverage
Commodities 2% / 50:1* leverage 10% / 10:1 Leverage
Account Conditions
Negative balance protection Not offered Offered
Stop-out level Equity = 50% of used margin Equity = 50% of used margin
Investor Compensation Fund protection No Yes
Access to financial ombudsman Yes Yes
Funds held in segregated bank accounts Yes Yes
* Professional margins/leverage are indicative and the level clients receive may differ. Also, margins can vary between symbols in the same asset class.

Eligibility Criteria for Professional Classification

Eligibility to be categorized as a professional client (as opposed to retail) is based on a combination of historic trade volume, work experience and financial ability to tolerate risk. In order to qualify clients must meet 2 of the following 3 criteria:

  1. Have sufficient history of relevant derivative transactions in each of the previous 4 quarters
  2. Hold cash or equity in financial instruments of 500k EUR or more
  3. Have professional experience in a role that requires knowledge of the services XGLOBAL provides

Risk warning: Choosing to change your client classification from retail to professional will result in losing protection that is available to retail clients.

How to Apply

If you are an existing client and wish to be re-categorized as professional and receive the relevant trading conditions please contact your account manager or the support department and make the request. If you are a new client please apply for a new account as normal and request to be categorized as professional by notifying [email protected].

You will be required to provide documentation to prove you meet the eligibility criteria.

Protection for Retail Clients

In 2018 ESMA (European Securities and Markets Authority) announced that it wanted to place certain restrictions on the CFD trading conditions that brokerage firms could provide to retail clients. The aim was to help protect inexperienced traders from significant or rapid loss. This protection included leverage caps, standardising account stop-out/liquidation levels, providing negative balance protection as well as prohibiting sign-up bonuses and similar incentives. These measures have since become permanently adopted by all European regulators including CySEC.

XGLOBAL has implemented all these measures for it retail client base while continuing to provide our well-informed and experienced client base the ability to trade as they desire by categorizing them as professional.

Reliable Trading since 2012