Question about the requirements for professional trading client status Your guide to the best brokers in the UK › Forums › General Broker Discussion › Question about the requirements for professional trading client status This topic contains 0 replies, has 1 voice, and was last updated by Good Broker Guide 6 days, 17 hours ago. Viewing 1 post (of 1 total) Author Posts 12th June 2018 at 1:44 pm #35977 Good Broker GuideKeymaster Trader: I want to ask about the requirements for professional trading client status? could you explain a bit more about the £500k requirement? GBG: Hi. In what capacity? Risk capital or trade size? Trader: ESMA rules state that one of the requirements to trade binary options is that one must have £500k…can this a total of all the trades I have staked in binary options over the years? GBG: We don’t recommend binary options, but the EUR 500,000 for elective professionals refers to the size of your investment portfolio – not the value of executed trades. You can see more information on the FCA handbook here: https://www.handbook.fca.org.uk/handbook/COBS/3/5.html#D182 (COBS 3.5.3) or the ESMA Q&A here: https://www.esma.europa.eu/system/files_force/library/esma35-43-349_mifid_ii_qas_on_investor_protection_topics.pdf (Question 6) Trader: please can you explain what you mean by investment portfolio GBG: That would be the combination of you investments across stocks, bonds, derivatives (net equity) etc. Trader: incl. property? GBG: Not normally, no. It would probably refer to liquid assets. Trader: ok thank you for your thoughts GBG: You’re welcome… Author Posts Viewing 1 post (of 1 total) You must be logged in to reply to this topic.