¹ A standardised margin closeout rule at the percentage of the minimum initial required margin prescribed above on a per account basis. For professional clients’ trading accounts the percentage is subject to changes.

² The objective of the Investor Compensation Fund (ICF) is to secure claims of Retail Clients through the payment of compensation (up to €20,000) in cases where we default on our obligations to you, if certain conditions are met. Read more here.

³ You can decide whether you wish to submit an application now or at a later stage or even remain to be treated as retail client. Please note that you have the option to revert your status back to retail once you become professional at any time if you wish so.

⁴ Financial instruments include shares, cash deposits made to fund or profits accrued from investing in derivatives, debt instruments and cash deposits. They do not include property, traditional commodity ownership or the notional value of derivative instruments.

Want to find out more about ESMA and the rules that come along with it? Check out the details here.
You can also learn more about eXcentral’s Client Categorization Policy here.