Retail Clients. If you are classified as a Retail Client, the Company is required by the Applicable Laws and Regulations to assess your knowledge and experience in trading in complex financial instruments such as CFDs in order to understand the risks involved and to assess whether such instruments are appropriate to you. During the Account opening and registration stage you are required to provide to the Company information regarding your knowledge and experience, primarily with respect to trading in complex Financial Instruments such as CFDs, the types of services, transactions and financial instruments with you are familiar, the volume and frequency of your transactions in financial instruments and the period over which they have been carried our as well as information on your level of education, profession or former professions. You will also have to agree and accept our Risk Disclosure Statement. The information required to be obtained for the purposes of the appropriateness assessment is gathered by means of a standardised questionnaire or we may require answers to questions over a conversation with you. It is your responsibility to ensure that you provide with complete and correct information in order to enable the Company to carry out the appropriateness assessment. If the Company considers, in its discretion, that the responses provided are insufficient or are inconsistent or conflicting, it may require further clarifications as to these responses. The purpose of the appropriateness assessment is to enable the Company to assess your knowledge and experience relevant to its products and services in order to be in a position to reasonably determine whether complex Financial Instruments such as the CFDs are appropriate for you to invest in. As such, you should consider carefully any warning given to you as a result of making the appropriateness assessment. If you have any questions or require any further clarifications regarding the appropriateness assessment, you should contact the Company for such further assistance and clarifications, through the means specified herein. The Company is entitled to rely on the information provided by the Client unless it is aware that the information is outdated, inaccurate or incomplete. ROInvesting reserves the right, at any time, to require from you to provide additional or other information for the purposes of the appropriateness assessment, even after the Company has confirmed successful completion of the appropriateness assess...
Retail Clients. For retails clients, regulation prescribes the leverage limit, which cannot exceed a default level of 1:30. In general, the Company classifies Retail Clients as follows:
Retail Clients a category that includes clients not falling within the Eligible Counterparty/Professional Client categories, who are deemed to have less investment knowledge and experience; they receive the maximum level of protection provide for by MiFID II both in carrying out the tests and in the scope of the pre- and post-contractual documentation and information that must be made available to them; this category includes the majority of individuals;
Retail Clients. Our policy is to treat most clients as Retail Clients in order that they receive the fullest regulatory protections and avenues of recourse available. If this status does not apply to you, you can inform us of your correct status in writing.
Retail Clients. For retails clients, regulation prescribes the leverage limit, which cannot exceed a default level of 1:30. The Company will classify the clients retail if they demonstrate satisfactory knowledge and experience in trading in complex financial instruments like CFDs, based on the information provided during the account opening process. Professional Clients: Professional Clients are able to trade with higher leverage. The Company offers Professional Clients the option to select a higher leverage ratio, based on the underlying instruments and the Company’s Leverage Policy. In order to be categorized as Professional, the client must meet at least 2 out of 3 below criteria:
Retail Clients. A Retail Client is any client who does not satisfy the criteria to qualify as a Professional Client or Eligible Counterparty. As part of our policy of treating customers fairly, we may decide, either as result of the Law, any other regulatory Directive or guidance note or under internal policy, to sub categorize Retail clients, into such categories as Experienced Retail Clients and Less Experienced Retail Clients. Such subcategories do not affect the classification or protections afforded under the Law. Such subcategories will however be subject to the benefits or restrictions we may place in order to further enhance the protection of clients. They may include restrictions to leverage levels, margin requirements, specific risk warning acknowledgment etc. Relevant details will at all times be included in our Investment Services Agreement.
Retail Clients. There may be specific leverage limits on the instruments available. The Company offers a maximum default leverage of 1:30. Lower maximum leverage limits are available depending on the underlying instruments traded. The applicable leverage ratios per instrument can be found below: • XXXXXXX.XXX Trader • MT4 / MT5 Certain leverage restrictions may also be placed for Less Experienced Retail clients as this is defined in the Agreement and the Leverage and Margin Policy to which you should refer for more information. We reserve the right to reduce leverage ratios for CFDs in financial instruments that maybe the subject of actual or anticipated corporate actions, with or without notice to you, in order to address likely market and financial instrument volatility. Where possible we will give you 3 business days’ notice of such change so as to enable you to take the action you consider appropriate. Symbol Tier Range Min Margin Requirement USD/HUF $0- $5,000,000 5.0% $5,000,000 - $10,000,000 7.5% > $10,000,000 10% Order Tier Price Quantity Margin Requirement Margin Used ($) 1 Tier 1 279.312 1,000,000 5.0% 50,000 2 Tier 1 279.329 1,000,000 5.0% 50,000 3 Tier 1 279.325 1,000,000 5.0% 50,000 4 Tier 1 278.592 1,000,000 5.0% 50,000 5 Tier 1 278.589 1,000,000 5.0% 50,000 6 Tier 2 278.592 1,000,000 7.5% 75,000 Total 6,000,000 325,000 Example – Retail Client: A client with account leverage of 1:30 books the following orders throughout the week and in different times: a Long USD/HUF position with volume 1,000,000 at the price of 279.312 a Long USD/HUF position with volume 1,000,000 at the price of 279.329 a Long USD/HUF position with volume 1,000,000 at the price of 279.325 a Long USD/HUF position with volume 1,000,000 at the price of 278.592 a Long USD/HUF position with volume 1,000,000 at the price of 278.589 a Long USD/HUF position with volume 1,000,000 at the price of 278.592 Considering the below margin requirement tier ranges: The client’s total used margin for the total USD/HUF exposure will be: *The above numbers are indicative and do not take into consideration other factors which may affect the execution or margin used such as conversion fees or spread Specifically, the Company offers Professional clients the option to select higher leverage ratio of 1:100, 1:200 or 1:300 based on the underlying instrument and our Leverage and Margin Policy. We note that Maltese Professional clients are restricted to a maximum of 1:100 leverage ratio according to their local regul...
Retail Clients. Clients who are not Professional Clients nor Eligible Counterparties who are deemed to have less investment knowledge and experience, they receive the maximum level of protection provided for by XXXXX XX;
Retail Clients. Clients who are not Professional Clients nor Eligible Counterparties who are deemed to have less investment knowledge and experience, they receive the maximum level of protection provided for by MIFID II.
Retail Clients. As a Retail Client you enjoy the greatest protection with rules and regulations imposed by the Financial Conduct Authority (FCA) and the European Securities and Markets Authority (ESMA) designed to ensure you are given every opportunity and assistance when trading in financial markets. Under rules introduced by ESMA, which all FCA regulated firms must adhere to by 1st August 2018, a Retail Client has Negative Balance Protection (NBP) meaning they cannot lose more than they have deposited with a broker. The funds they deposit are also segregated into Client Trust accounts with banks, ensuring the safekeeping of their money in case of anything adverse happening to the broker, as this is kept separate from the brokers own funds. In addition to that, Retail Clients are also protected by the Financial Services Compensation Scheme (FSCS) which will step in with up to £85,000 per client in the rare instance where if a broker fails that not all the correct amount of client money has been segregated. Retail Clients also have access to the Financial Ombudsman Service (FOS) who in the event of a dispute with a broker will intervene, look at the facts and pass judgement. However, in an attempt to ensure that inexperienced traders to not lose too much money, the regulators have imposed restrictions on the leverage that Retail Clients can be offered, which limits the size of trades they can make based on their deposits [see AxiTrader Product Schedules]. The level at which Retail Client losing positions will be automatically closed by online trading platforms is set at a higher level than for those of Professional Clients. Also, certain bonuses and other incentives previously offered to some Retail Clients are no longer allowed as this was seen by the regulators as an inducement to attempt to get Retail Clients to actively trade. Professional Clients Professional clients are not subject to the same restrictions placed upon Retail clients but as a consequence they are not afforded the same level of protection and could lose more money. So, to ensure a client who requests to be classified as a Professional Client fully understands the consequences of their decision, they must satisfy certain criteria and sign a form listing the downside of this classification. Professional clients with AxiTrader are divided into two categories: • Professional Segregated • Professional Unsegregated As the name suggests, this states how client money is treated by AxiTrader, and most clients ...
