TopFX provides services to Professional Clients that may belong to any of the groups mentioned below.
Proprietary trading firms
Other institutional clients
Trading available on MT4, cTrader or via FIX API
Deep liquidity pool
Spreads from 0.0 pips
To be categorised as a Professional Client, you must fulfil 2 out of the 3 following criteria:
You have carried out at least 10 significantly sized transactions per quarter over the last four quarters.
Your financial portfolio, including cash deposits and financial instruments, exceeds EUR 500,000.
You have professional experience working in the financial sector for at least one year in a position which requires knowledge of the transactions or services envisaged.
If you are trading as a Retail Client and wish to apply to be classified under the Professional Client category, please contact us.
*Please note that you retain the right to be re-categorized as a Retail Client at any time. A Retail Client is subject to more restrictions than a Professional Client but receives more protection by applicable laws. A Professional Client has fewer restrictions but is subject to higher risks and fewer investor protections.APPLY NOW
We have no obligation to provide you with standardised risk warnings about trading complex financial instruments (CFDs) to ensure that you understand the risk involved in these transactions.
We assume that professional clients have the necessary experience and understanding of our products and the risks involved. Therefore, we may use a more complex language to communicate with you. Please note that we are committed to communicating in a clear and transparent way at all times, no matter if you are a retail or an elective professional client.
As per the ESMA ruling, TopFX is required to restrict leverage on the products we offer to retail clients. Leverage restrictions do not apply to professional clients,however, please note that higher leverage may increase losses.
If you elect to be a professional client, we will not be required to provide you with Negative Balance Protection and therefore your losses may exceed your deposits.
For professional clients, we are not required to prioritise the overall costs of the transaction as being the most important factor in achieving Best Execution for you. Instead, if we determine that it is more important than overall cost, we may prioritise other factors, such as speed and likelihood of execution.
If you elect to be a professional client, you will not be entitled to the Investor Compensation Fund (ICF), compensation.
For more information, please view our Client Categorisation Policy.
It is important to understand the risks associated to re-categorization from Retail Client to Professional Client.