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Margin and Leverage Rules

The Updated ESMA Regulatory Framework

The regulatory framework has changed and has imposed limits on leverage for Retail Clients that considerably increased margin requirements on your trading

Main Changes Introduced

Maximum Leverage Limits

Maximum leverage limit on the opening of a position is set to be 1:30 for major currency pairs and less for other asset classes.

50% Margin Close-out

50% margin close-out rule on per account basis.

Guaranteed Limit on Losses for NBP

Negative balance protection to provide a guaranteed limit on client losses on a per account basis.

Prohibition of Benefits

Prohibiting the direct or indirect provision of monetary or non-monetary benefits.

Prohibition of Binary Options

Prohibiting the marketing, distribution or sale of binary options.

Standardized Risk Warning

Standardized risk warning, including figures relating to the respective CFD provider, on the percentage of Retail Client accounts that have lost money.

How to become a Professional Client ?

You need to meet two of the following requirements in order to apply and possibly qualify as a Professional Client

Carried out transactions, in significant size, on the relevant market at an average frequency of 10 transactions per quarter over the previous four quarters.

You are working or have worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services..

The size of your financial instrument portfolio, defined as including cash deposits and financial instruments, exceeds EUR 500,000.

Information you may need to provide:

Bank, Broker or investment portfolio statement or letter from a notary confirming net worth.
Proof confirming work experience in the financial sector.
Trade statement from another broker/financial institution.

Becoming a Professional Client

Being classified as a Professional Client means that we will be able to tailor our products and trading conditions to meet your trading needs outside the restrictions mentioned above, as leverage for professional clients can be up to 1:200. Being classified as a Professional Client also means that you are not eligible for all investors’ protections schemes you had as a Retail Client. However, your funds will still be segregated and safekept with our credit institutions. By signing and returning the request letter below, you are also confirming that you are aware of the consequences of losing some protections and investor compensation rights.

Main Changes Introduced

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Download the Request Letter by clicking on the button below.

Read and sign the Request Letter.

Prepare an email with your request to be classified as a Professional Client and attach the signed letter.

Send the email with the signed letter attached to [email protected]

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Download the Request Letter by clicking on the button below.

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Read and sign the Request Letter.

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Prepare an email with your request to be classified as a Professional Client and attach the signed letter.

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Send the email with the signed letter attached to [email protected]

Download Request letter

Eight Plus Capital Ltd (previously Acier FX Ltd) which operates under the domain «eightplus.com» is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF License Number 334/17.

CFDs are complex leveraged products and involve a high level of risk. 75% of retail investor accounts lose money when trading CFDs with this provider. You should ensure that you understand the risks involved and that you can afford the possible risk of losing all your money. Seek independent advice if necessary.

Eight Plus Capital Ltd (previously Acier FX Ltd) does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria, North Korea, Belgium, Canada and Japan.

Risk warning: CFDs are complex leveraged products and involve a high level of risk. 75% of retail investor accounts lose money when trading CFDs with this provider. You should ensure that you understand the risks involved and that you can afford the possible risk of losing all your money. Seek independent advice if necessary.