CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 53% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
“Valutrades has everything I want. Fast execution, reliable server, fast and friendly customer service, good spread and leverage.”
Jinhyeong Kim - Forex Trader
As a professional Valutrades client, you’ll gain access to up to 500 times leverage.
To qualify to open a professional client as an individual, you must meet at least <strong>two of the following three criteria</strong> with regards to your trading activity, portfolio, and experience level:
- ActivityYou have carried out similar trading transactions of significant size.
- PortfolioYou have savings and investments equal to or greater than £500k (or the equivalent in another currency).
- ExperienceYou have worked in the financial services sector for at least one year in a professional position which would have exposed you to the transactions you seek to undertake with Valutrades.
Professional traders gain access to:
FSCS Protection
Professional clients do not have their funds held in segregated client money accounts, like how retail clients do.
There is however a difference between segregated funds and the FSCS compensation scheme.
For professional clients, we do not segregate their funds in Segregated Client Money Accounts. We can't do this as we have to send the funds to our prime broker as margin for the higher leveraged professional client trades. In the event, there is an issue with Valutrades and the business needs to be wound up then this does mean only the retail clients with Segregated Funds get their money back from these funds and then Professional Clients would receive their funds only at the same times as any other parties Valutrades owed funds to.
Professional Clients providing they are Elective Professionals (like your account will be) DO get access to the FSCS. So in the very unlikely event, Valutrades had to be wound up if Valutrades was unable to return your funds you would still be entitled to claim compensation up to GBP 85,000.
So as an Elective Professional you would still have the same ultimate insurance up to GBP 85,000 just the process of receiving this would be longer than as a retail client who would have first access to the Segregated Funds speeding up the return of funds to them.
Use of FOS
Professional clients who meet the definition of a ‘consumer’ may have access to the Financial Ombudsman Service.
Negative Balance Protection
Negative balance protection ensures you never lose more than the total sum invested for trading.
Retail and Elective Professionals Only.