Become a Professional Trader with 24option

Apply to become a professional client in order to trade with your current market rates

The European Securities and Markets Authority (ESMA) has formally adopted new measures on the provision of CFDs to Retail clients in the European Union which shall take effect on the 1st of August 2018. The measures include significant downsize in leverage, a specific margin close out rule, restrictions on trading benefits, etc.

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Differences between classified Retail Traders and Professional Traders
Professional
Retail
CFDs Asset classes:
(maximum leverage)
(maximum leverage)
Forex Major & Minor Pairs
400:1
30:1
Forex Exotic Pairs
100:1
20:1
Gold
200:1
20:1
Commodities
100:1
10:1
Energy Commodities
200:1
10:1
Major Indices
200:1
20:1
Minor Indices
50:1
10:1
Stocks & Shares
10:1
5:1
Cryptocurrency
5:1
2:1
Other Features:
Negative balance Protection
Yes
Yes
Margin close out rule¹
20%
50%
Access to contests and other benefits
Yes
No
Dedicated Account Manager
Yes
Yes
Multilingual Customer Support
24/5
24/5
Trading Central Trading Signals
Available
Not-Available
Access to VIP Platinum Education
Yes
No
Eligible for ICF compensation²
No
Yes
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Keep your standards as a Professional Trader

As a 24option Professional Trader you will continue to enjoy:

Negative Balance Protection
Never be subjected to lose more than your balance
Access to Premium Contests
Participate in exclusive trading contests and programs
Dedicated Account Manager
Continued personal support from your 24 account manager
Trading Central Trading Signals
Receive daily trading signals and news
Access to VIP Platinum Education
Benefit from professional trading education
Higher Leverage
Trade with up to 400:1 leverage
Segregation of clients’ funds
Your funds remain to be kept in segregated bank accounts

Requirements in order to become a Professional Trader

You can become a professional client if you submit an application and meet among others two out of the three criteria mentioned below3:

  1. Trading Volume – You have opened at least 10 trades per quarter for the past year, and each trade size (volume) was at least $4,000 in Stocks/Cryptos and/or $18,500 in Forex/Commodities (with 24option or any other broker).
  2. Relevant Experience – You have at least one-year experience working in the financial field in a professional position, which requires knowledge of the CFDs market and services.
  3. Financial Status – Your portfolio’s size4 is equivalent to or exceed EUR 500,000; cash deposits and financial instruments inclusive.

¹ A standardised margin close out rule at the percentage of the minimum initial required margin prescribed above on a per account basis. For professional clients’ trading accounts the percentage is subject to changes.
² The objective of the Investor Compensation Fund (ICF) is to secure claims of Retail Clients through the payment of compensation (up to €20,000) in cases where we default on our obligations to you, if certain conditions are met. Read more here.
³ You can decide whether you wish to submit an application now or at a later stage or even remain to be treated as retail client. Please note that you have the option to revert your status back to retail once you become professional at any time if you wish so.
4 Financial instruments include shares, cash deposits made to fund or profits accrued from investing in derivatives, debt instruments and cash deposits. They do not include property, traditional commodity ownership or the notional value of derivative instruments.

You can read more about the product intervention measures of ESMA here and at our Client Categorization Policy here.

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In order to make a deposit, you first need to verify your account.
I understand
Dear Client,

As 24option no longer offers Binary Options trading, and in an attempt to make this change as easy and seamless as possible for you, your previous binary balance has now been updated in your new Forex/CFD trading account.

Should you have any question or concerns about these changes, contact your account manager at any time or click here for our contact information.

Join our webinar with a financial guru “Alpesh Patel” to enhance your trading and market knowledge and learn more about trading Forex/CFDs by clicking below. After clicking to join, you’ll be contacted by your account manager to register you for the webinar.

No thanks

Company Information: This website (www.24option.com/eu) is operated by Rodeler Limited, a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission with CIF license number 207/13. Rodeler Limited is located at 39 Kolonakiou street, Frema Plaza, Agios Athanasios, 4103 Limassol, Cyprus.

Rodeler Limited and Richfield Capital Limited belong to the same Group of Companies and share the “24option” brand. Richfield Capital Limited is regulated by the International Financial Services Commission of Belize with license number IFSC/60/440/TS/17. Richfield Capital Limited is operating the website www.24option.com/international.

Risk Warning: Contracts for difference (‘CFDs’) is a complex financial product, with speculative character, the trading of which involves significant risks of loss of capital. Trading CFDs, which is a marginal product, may result in the loss of your entire balance. Remember that leverage in CFDs can work both to your advantage and disadvantage. CFDs traders do not own, or have any rights to, the underlying assets. Trading CFDs is not appropriate for all investors. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance. You should not deposit more than you are prepared to lose. Please ensure you fully understand the risk associated with the product envisaged and seek independent advice, if necessary. Please read our Risk Disclosure document.

Regional Restrictions: Rodeler Limited offers services within the European Economic Area (excluding Belgium) and Switzerland.

Rodeler Limited does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product. Rodeler Limited is not a financial adviser and all services are provided on an execution only basis.