Today Markets Professional Account was tailoured for professionals looking to take their trading strategies to the next level. With our institutional liquidity, professional traders and money managers have access to unparalleled execution speeds and extremely tight spreads.
Tight Spreads
Keep trading costs low with spreads from 0.0 pips and no requotes.
Up to 1:400 Leverage
Gain access to higher leverage than our retail clients.
Best Execution
We are committed to giving you the best execution times.
Security
Client funds are held in segregated accounts to ensure your safety.
No Commissions
Benefit from our low spreads and no commissions.
Tier 1 Liquidity
Fast order execution, low latency and transparent pricing.
Eligibility Criteria
To qualify for a Professional Account, you must hold a Today Markets account and meet two of the three following criteria below:
1) Have over $500k of liquid assets (excluding your house of residence if you own it) 2) Have relevant experience in the financial sector 3) Have traded at an average frequency of ten per quarter, of significant size, over the last four quarters.
Please be aware that if you choose to register as a Professional trader with any CFD provider, you will lose the protections afforded to clients classified as ‘Retail’.
The main protections you will lose are:
Negative Balance
Protection – you will be responsible for keeping your account balance positive and you could lose more than the sum you have invested.
Leverage – by gaining access to higher leverage you risk magnifying your losses.
Communication – we will use more sophisticated language when promoting our products and we will not be required to provide you with the standardised risk warning we provide to ‘Retail’ clients.
Best Execution – the factors we consider when determining the delivery of Best Execution may differ between Retail and Professional clients.
Products – we will assess how appropriate a product is based on your knowledge and experience.
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