- You have net assets of at least A$2.5 million;OR
- Your gross income for each of the last two financial years is at least AUD 250,000 per year.
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Criteria for eligibilityIndividual Wealth TestSophisticated Investor TestYou must meet the 3 following requirements:
- Demonstrate your knowledge of leveraged trading by completing an online test.
- Your gross income is at least of $100,000 AUD p.a. or your NET Asset is equivalent to at least $500,000 AUD.
- Demonstrate your previous trading experience by providing evidence that:
- You have placed at least 20 trades per quarter for at least 4 quarters in the last 2 years, and traded at least $ 500,000 or more notional value in each of the 4 quarters.
OR - You are currently working or have worked in the financial sector for at least 1 year in a professional position which requires knowledge of, and experience in, leveraged trading (FX or CFDs).
- You have placed at least 20 trades per quarter for at least 4 quarters in the last 2 years, and traded at least $ 500,000 or more notional value in each of the 4 quarters.
For professional trader account open, please contact our support team for further information.
info@etomarkets.com -
What should a professional trader be aware of?Professional Trader should be aware of the following
- The protection offered by the ASIC Corporations (Product Intervention Order - Contracts for Difference) Instrument 2020/986 will not be advantageous to you.
- Retail Client Product Disclosure Statement (PDS) and Financial Services Guide (FSG) will not be provided to you.
- The Australian Financial Complaints Authority, our external dispute resolution scheme has discretion to exclude complaints from wholesale clients.
- Should the law change in the future, you won't be entitled to any additional protections that exclusively apply to retail clients.
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Disclaimer
© 2023 ETO GROUP Pty Ltd
ETO GROUP Pty Ltd (ABN 66 155 680 890) is a financial services company and regulated by Australia Securities & Investments Commission (AFSL No. 420224). The information provided on this website is general in nature only and does not constitute personal financial advice. All services are provided on an execution only basis. Before acting on any information on this website you should consider the appropriateness of the information regarding your objectives, financial situation and needs. Investing on CFDs and Margined FX Contracts carries significant risks and is not suitable for all investors. You don't own, or have, any interest in the underlying assets. We recommend that you seek independent advice and ensure you fully understand the risks involved in disclosure documents, such as Target Market Determination (TMD), Financial Services Guide (FSG),Product Disclosure Statement (PDS), Client Agreement, Risk Disclosure and other relevant legal documents posted on our website. The information and digital materials offered on this website are not directed to the investors other than Australian Residents and are not intended for the use by any person in any country or jurisdiction where such use is contrary to the local laws and regulations. Products and services offered on this website are not intended for residents of the United States.