Professional client

How to become a Professional client

In order to protect the public from high potential losses, the European Securities and Markets Authority (ESMA), requires all brokers operating within the EU to cap their financial leverage for retail clients on a maximum of 1:30. On this page, you will find additional information on professional client classification and how to become a professional client.

Instruments

Balance

Financial Leverage for Professional clients

Instrument	Professional Client Max. Leverage
Currency pairs	1:500
Gold	1:100
Silver	1:100
Platinum, Palladium	1:20
Crude Oil	1:20
Brent Oil	1:20
Stock Indices	1:100
Stocks	1:5

The maximum leverage ratio depends on the total balance of trading accounts of the client

Leverage in this table is related only to the trading of forex pairs, for more details please look here.
Balance	Leverage
Balance up to €10,000	1:500 max
Balance up to €100,000	1:200 max
Balance of €100,000 and higher	1:100 max

Professional clients can count on:

How to become a professional client?

Open a trading account

Open real account

_{Your capital is at risk.}
Send an email request

Send an email request for a PRO account to the support team email address: support@purple-trading.com.
Requirements

Meet 2 of 3 requirements, mentioned below:

The client has carried out transactions, in significant size, on the relevant market at an average frequency of 10 transactions per quarter. All this over the previous four quarters.

The size of the client's financial instrument portfolio, defined as including cash deposits and financial instruments exceeds 500 000 EUR*.

The client works or has worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services envisaged.

* Financial instruments - equities, derivatives (only cash deposits/profits), debt instruments, and deposits in cash.

Clients wishing to be treated as Elective Professional clients shall provide the Company with the relevant evidence to prove the applicability of the abovementioned criteria that they confirmed and indicated to be applicable to them. Failure to provide evidence shall lead to the rejection of the request to be treated as Elective Professional client.

Please make sure to review the client categorization policy in our Terms and Conditions to find out more information. Please note the leverage changes only affect clients classified as retail (that are subject to ESMA regulation), and do not apply to professional clients.