Professional trading with
InterTrader – are you eligible?
leverage restrictions for retail traders
These new rules, imposed by the European Securities and Markets Authority (ESMA) on 1 August, do not apply to professional traders. Many of our retail clients may find they meet the requirements to become a professional trader with InterTrader.
All trading involves risk, and losses can exceed your deposits
What are the benefits of turning pro?
Do I qualify?
- Have you made at least 10 trades (in significant size) per quarter over the last four quarters?
- Do you have assets in excess of €500,000?
- Have you worked in the financial sector for at least one year in a professional position?
Lower margins and higher leverage
Say UK 100 is trading at 7700 and you want to open a spread betting position at £10 per point.
The margin required to open this position for pro traders is: (£10 x 7700) x 0.5% = £385. (Note: as a pro trader you can reduce your margin even further by placing a stop.)
Under the new regulations the margin required to open this position for retail traders is: (£10 x 7700) x 5% = £3850.
So retail clients need to deposit an additional £3465 to open the same position.
|MARKET||LEVERAGE LIMITS||MARGIN RATES||LEVERAGE LIMITS||MARGIN RATES|
|Major forex pairs||30:1||3.33%||200:1||From 0.5%|
|Minor forex, gold and major indices||20:1||5%||200:1||From 0.5%|
|Minor indices||10:1||10%||200:1||From 0.5%|
|Commodities (other than gold)||10:1||10%||100:1||From 1%|
Keep our low margin rates when you go pro
Your margin requirement
After 1 August, the retail margin requirement will be
After 1 August, the professional margin requirement will be
Earn rewards and rebates
As a professional client, you will automatically join our TradeBack™ loyalty scheme, where we give you a rebate of up to 10% of your monthly trading costs. If your spread fees for the month are £5000, that puts you in our Platinum tier and you’ll get £500 back.
Why choose InterTrader?
You enjoy fast and fair trading across a wide range of markets on our powerful trading platforms, with free access to advanced charts, cutting-edge trading tools, our trader education programme and exceptional customer service, with the added benefit of our exclusive 100% market-neutral execution.
This means that, unlike other providers, we have no financial interest in whether your position makes a profit or not. We believe market-neutral execution is the fairest, most transparent way to trade.
Neither do we charge any commission or brokerage fees when you open and close trades. We make our profit from the low spreads we apply.