You must have carried out significantly large transactions, on the relevant market, at an average frequency of 10 per quarter over the previous four quarters;
The size of your financial instrument portfolio, including cash deposits and financial assets, must exceed 500,000 EUR;
You currently 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.
Upon your request, one of our experienced account representatives will contact you. If you do not have a live account with FXCM already, you will be directed to our online application in order to be on-boarded. If your account is approved and goes live, you will be provided with the professional client application form. During the application process you may be asked to provide supporting documents on a case by case basis.
* We are a member of the UK Financial Services Compensation Scheme (FSCS). You may be entitled to claim compensation from that scheme if we cannot meet our obligations to you. This will depend on the type of business and the circumstances of the claim; Private individuals are generally protected. However, other types of claimants, such as businesses and charities, may be eligible depending on the type of claim.
Visit the FCA website for a definition of Elective Professional Clients