To understand the differences between client classifications, please see LMAX Global – Treatment of Professional and Retail Clients.
As a Professional client, a minimum of two criteria that support your Professional classification:
- I have carried out transactions, in significant size, on the relevant market at an average frequency of 10 per quarter over the previous four quarters
- the size of my financial instrument portfolio, defined as including cash deposits and financial instruments, exceeds EUR 500,000
- I work or have worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services envisaged
As a Retail client, you are eligible to apply for an account with LMAX Global, LMAX Global EU or LMAX New Zealand.
- LMAX Global UK – FCA regulated broker based in the UK.
Eligible clients reside in the UK or outside of Europe.
- LMAX Global EU – CySec regulated broker based in Cyprus.
Eligible clients reside in the EEA, excluding the UK.
- LMAX Global NZ – Registered Financial Services Provider based in New Zealand.
Eligible clients reside outside of Europe.