Common use of CATEGORISATION Clause in Contracts

CATEGORISATION. 3.1 Under MiFID II we are required to categorise our clients in order to determine the correct level of investor protection and transparency. It is our policy to treat all of our clients as retail clients in relation to the MiFID services that we provide unless retail clients upon request opt to be categorised as “professional clients”. Retail clients for whom we provide services in relation to Forex, CFDs, Options and Spread Betting will be afforded the highest level of protection available under MiFID. 3.2 We may consider requests from clients to be treated as a “professional client”, but only on an exceptional basis and only in the event that the customer satisfies the criteria under MiFID to be classified as a “professional client”. A “professional client” will be assessed and categorised as such based on the stated expertise, experience and knowledge in financial markets. We deem that professional clients are capable of making their own investment decisions and that they understand the risks involved. If you are classified as a “professional client”, you may lose certain protections, as indicated on our website. These includes limits in relation to leverage. In these circumstances, we will provide you with a notice of protections lost setting out any regulatory protections that will no longer be provided, as well as any protections that will be retained.

Appears in 3 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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CATEGORISATION. 3.1 Under MiFID II we are required to categorise categorize our clients in order to determine the correct level of investor protection and transparency. It is our policy to treat all of our clients as retail clients in relation to the MiFID services that we provide unless retail clients upon request opt to be categorised categorized as “professional clients”. Retail clients for whom we provide services in relation to Forex, CFDs, Options and Spread Betting will be afforded the highest level of protection available under MiFID. 3.2 We may consider requests from clients to be treated as a “professional client”, but only on an exceptional basis and only in the event that the customer satisfies the criteria under MiFID to be classified as a “professional client”. A “professional client” will be assessed and categorised categorized as such based on the stated expertise, experience and knowledge in financial markets. We deem that professional clients are capable of making their own investment decisions and that they understand the risks involved. If you are classified as a “professional client”, you may lose certain protections, as indicated on our website. These includes include limits in relation to leverage. In these circumstances, we will provide you with a notice of protections lost setting out any regulatory protections that will no longer be provided, as well as any protections that will be retained.

Appears in 1 contract

Samples: Platform Services Agreement

CATEGORISATION. 3.1 Under MiFID II the FSRA rulebook, we are required to categorise our clients in order to determine provide the correct appropriate level of investor regulatory protection and transparency. It is our policy to treat all of our clients as retail clients in relation to the MiFID our services that we provide unless retail clients upon request opt to be categorised as “professional clients”. Retail clients for whom we provide services in relation to Forex, CFDs, and Options and Spread Betting will be afforded the highest level of protection available under MiFIDthe FSRA rulebook. 3.2 We may consider requests from clients to be treated as a “professional client”, but only on an exceptional basis and only in the event that the customer satisfies the criteria under MiFID the FSRA rulebook to be classified as a “professional client”. A “professional client” will be assessed and categorised as such based on the stated expertise, experience and knowledge andknowledge in financial markets. We deem that professional clients are capable of making their own investment decisions and decisionsand that they understand the risks involved. If you are classified as a “professional client”, you may lose certain protections, as indicated on our website. These includes limits in relation to leverage. In these circumstances, we will provide you with a notice of protections lost setting out any regulatory protections that will no longer be provided, as well as any protections that will be retained.. If you desire to be re-classified or for more information please visit xxxxx://xxx.xxxxxxxx.xx/about-avatrade/professional-trading

Appears in 1 contract

Samples: Customer Agreement

CATEGORISATION. 3.1 Under MiFID II ESMA we are required to categorise our clients in order to determine the correct level of investor protection and transparency. It is our policy to treat all of our clients as retail clients in relation to the MiFID services that we provide unless retail clients upon request opt to be categorised as “professional clients”. Retail clients for whom we provide services in relation to Forex, CFDs, Options and Spread Betting will be afforded the highest level of protection available under MiFIDESMA. 3.2 We may consider requests from clients to be treated as a “professional client”, but only on an exceptional basis and only in the event that the customer satisfies the criteria under MiFID to be classified as a “professional client”. A “professional client” will be assessed and categorised as such based on the stated expertise, experience and knowledge in financial markets. We deem that professional clients are capable of making their own investment decisions and that they understand the risks involved. If you are classified as a “professional client”, you may lose certain protections, as indicated on our website. These includes limits in relation to leverage. In these circumstances, we will provide you with a notice of protections lost setting out any regulatory protections that will no longer be provided, as well as any protections that will be retained.. If You desire to be re-classified or for more information please visit xxxxx://xxx.xxxxxxxx.xxx/about- avatrade/professional-trading

Appears in 1 contract

Samples: Customer Agreement

CATEGORISATION. 3.1 Under MiFID II we are required to categorise our clients in order to determine the correct level of investor protection and transparency. It is our policy to treat all of our clients as retail clients in relation to the MiFID services that we provide unless retail clients upon request opt to be categorised as “professional clients”. Retail clients for whom we provide services in relation to Forex, CFDs, Options and Spread Betting will be afforded the highest level of protection available under MiFID. 3.2 We may consider requests from clients to be treated as a “professional client”, but only on an exceptional basis and only in the event that the customer satisfies the criteria under MiFID to be classified as a “professional client”. A “professional client” will be assessed and categorised as such based on the stated expertise, experience and knowledge in financial markets. We deem that professional clients are capable of making their own investment decisions and that they understand the risks involved. If you are classified as a “professional client”, you may lose certain protections, as indicated on our website. These includes limits limit in relation to leverage. In these circumstances, we will provide you with a notice of protections lost setting out any regulatory protections that will no longer be provided, as well as any protections that will be retained.

Appears in 1 contract

Samples: Customer Agreement

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CATEGORISATION. 3.1 Under MiFID II we are required to categorise our clients in order to determine the correct level of investor protection and transparency. It is our policy to treat all of our clients as retail clients in relation to the MiFID services that we provide unless retail clients upon request opt to be categorised as “professional clients”. Retail clients for whom we provide services in relation to Forex, CFDs, Options Options, Futures and Spread Betting will be afforded the highest level of protection available under MiFID. You expressly consent to your client categorisation. 3.2 We may consider requests from clients to be treated as a “professional client”, but only on an exceptional basis and only in the event that the customer satisfies the criteria under MiFID to be classified as a “professional client”. A “professional client” will be assessed and categorised as such based on the stated expertise, experience and knowledge in financial markets. We deem that professional clients are capable of making their own investment decisions and that they understand the risks involved. If you are classified as a “professional client”, you may lose certain protections, as indicated on our website. These includes limits in relation to leverage. In these circumstances, we will provide you with a notice of protections lost setting out any regulatory protections that will no longer be provided, as well as any protections that will be retained.. If You desire to be re-classified or for more information please visit xxxxx://xxx.xxxxxxxx.xxx/about- avatrade/professional-trading

Appears in 1 contract

Samples: Customer Agreement

CATEGORISATION. 3.1 Under MiFID II we are required to categorise our clients in order to determine the correct level of investor protection and transparency. It is our policy to treat all of our clients as retail clients in relation to the MiFID services that we provide unless retail clients upon request opt to be categorised as “professional clients”. Retail clients for whom we provide services in relation to Forex, CFDs, Options and Spread Betting will be afforded the highest level of protection available under MiFID. 3.2 We may consider requests from clients to be treated as a “professional client”, but only on an exceptional basis and only in the event that the customer satisfies the criteria under MiFID to be classified as a “professional client”. A “professional client” will be assessed and categorised as such based on the stated expertise, experience and knowledge in financial markets. We deem that professional clients are capable of making their own investment decisions and that they understand the risks involved. If you are classified as a “professional client”, you may lose certain protections, as indicated on our website. These includes limits in relation to leverage. In these circumstances, we will provide you with a notice of protections lost setting out any regulatory protections that will no longer be provided, as well as any protections that will be retained.. If You desire to be re-classified or for more information please visit xxxxx://xxx.xxxxxxxx.xxx/about- avatrade/professional-trading

Appears in 1 contract

Samples: Customer Agreement

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