FP Markets
Pro Account
With an FP Markets Pro Account you will have access to higher leverage and a range of other exclusive features that come with a professional trading account. Check your eligibility and make a seamless transition to being a professional trader today!
What Does an
FP Markets
Pro Account
Offer?
FP Markets Pro Account holders will be able to access maximum leverage across all CFD instruments including
Forex,
Shares, Commodities, Metals, Indices and Cryptocurrencies
Other Key Features
Higher leverage - increase your leverage, up to 1:500
Personal Account Manager – Dedicated manager to take care of all your trading needs.
Wholesale clients may be eligble for rebates
Refer other traders who are approved for professional accounts and earn rewards
For an uninterrupted trading experience, apply to upgrade today!
Eligibility Criteria
Check your eligibility by referring to the table below. If you fit the criteria as outlined in one of the two tests below, take the next step and apply for an FP Markets Pro Account.
OPTION 1: Wealth Test |
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Criteria 1
|
OR |
Criteria 2
|
OPTION 2: Experienced Trader Test |
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|
OR |
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How Can I
Open an FP Markets
Pro Account?
If you’re eligible, it’s simple:
Email the Option 1 or Option 2 form, outlined in the above tables, to [email protected] to register your interest. You will be asked to submit proof of eligibility.
Once the documentation has been provided, our award-winning customer support team will review it and change your account status to an FP Markets Pro Account as soon as possible.
This change applies to all trading accounts across all trading platforms including MetaTrader 4, MetaTrader 5 and Iress. There is no need to make additional applications for each of your trading accounts.
For additional information, email [email protected] or contact our customer support team via Live Chat, email or phone.
What protections do
Pro Traders lose?
As an FP Markets Pro Account holder you will waive certain protections:
You will not be entitled to the protections afforded to retail clients under the Corporations Act 2001.
You will not have access to the protection measures outlined in ASIC's Product Intervention order.
You may also be excluded from access to the external dispute resolution scheme maintained by the Australian Financial Complaints Authority (AFCA).
FP Markets is not required to provide you with a Product Disclosure Statement (PDS) or Financial Services Guide (FSG).
If you qualify as a wholesale client because of the Wealth Test outlined above, then your money may be used for hedging or other purposes. Retail client money cannot be used for these purposes.
For more information on the proposed changes for ASIC-regulated retail clients, click here and to read more about the product intervention order in ASIC's media release, click here.
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