Becoming a Pro Trader

Trade on Trade360 is done with accordance to the CySEC regulations, and as such, it adheres to recently-adopted measures by the European Securities and Markets Authority (ESMA). These measures pose different limitations on CFD trading. However, clients with a Professional account can keep trading under the previous conditions. Both veteran and new clients of Trade360 can apply for a Professional account.

Trading incurs a high level of risk and can result in the loss of all your capital.

Steve Smith in a suit

What are the differences between a Professional account and a retail account?

With the new ESMA limitations, the main difference between a Professional account and a retail account is in the leverage ratios. The leverage limits set by ESMA are aimed at lowering traders’ potential losses, but they also limit their potential profits. A Professional account is not subject to these limitations, as the following table of selected assets demonstrates:

Asset Retail account leverage
Major currency pairs 1:400
Oil 1:400
Gold 1:400

If we take the currency pairs as an example: With a Professional account and a $1,000 balance, you can open a 340,000 EUR/USD position and earn or lose $34 for each pip. A 10-pip movement on the EUR/USD will result in a profit or loss of $340. With higher leverage, a professional account provides you with greater potential profits, but also with greater potential losses.

What is the Leverage Ratio under a Retail Account?

With the ESMA restrictions, there is a limitation on the leverage ratio that a client can have under a retail account aimed to protect and to minimise trader’s potential losses or profits. A retail account is subject to these limitations as the following table of selected assets demonstrates:

Asset Retail account leverage
Major currency pairs 1:30
Oil 1:10
Gold 1:20

If we take the currency pairs as an example: When you have a $1,000 balance and you open a 25,000 EUR/USD position, you earn or lose $2.5 for each pip. A 10-pip movement on the EUR/USD will result in a profit or loss of $25.

Switching to a Professional account

Not everyone is eligible for a Professional account. If you want to check your eligibility and apply for a Professional account, please click on the button below.

Trading incurs a high level of risk and can result in the loss of all your capital.

Trade with a Licenced Broker

Trade360.com

Licenced by CySEC

Our EU client portal, operated by CrowdTech Ltd. under CySEC Regulation, license number 202/13.

Trade360.com.au

Licenced by ASIC

Our Australian client portal, operated by Sirius Financial Markets Pty Ltd. under ASIC regulation, license number 439907.

Trade360.finance

Our global client portal, operated by ST Services Ltd.

Search

RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.7% of retail investor accounts lose money when trading CFDs with Trade360. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Learn more about managing risks.