--- title: Do you qualify as a professional trader? --- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. **74% of retail investor accounts lose money when trading CFDs with XTB Limited.** You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. **74% of retail investor accounts lose money when trading CFDs with XTB Limited.** You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. **74% of retail investor accounts lose money when trading CFDs with XTB Limited.** You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. # Become a professional client ## You might qualify if you meet two out of the three criteria below: - You've carried out a minimum of **10 significantly sized transactions** at a frequency of 10 per quarter over the previous four quarters. - The size of your investment portfolio, including cash deposits and financial instruments\*, **exceeds €500,000** - You've worked (or work) in the financial sector for **at least one year** in a professional position, which requires knowledge of the transactions or services envisaged \*Financial instruments includes shares, derivatives (only cash deposits made to fund/profits realised from investing in derivatives), debt instruments and cash deposits. It does not include property portfolios, direct commodity ownership or notional values of leveraged instruments. ![packshot\_\_key visual\_210kb.png](https://en.xtb.com/hubfs/indices-1.png) ### Apply for professional status \*Financial instruments includes shares, derivatives (only cash deposits made to fund/profits realised from investing in derivatives), debt instruments and cash deposits. It does not include property portfolios, direct commodity ownership or notional values of leveraged instruments. ![shapespecialquestleft.svg](https://en.xtb.com/hubfs/1_img/new-modules/shapes/shapespecialquestleft.svg) #### The features of being a professional client Every new client of XTB is automatically a Retail classified client unless they decide to upgrade to be an Elected Professional. Please read the following information carefully and then use the form above to confirm whether you'd like to opt-up from a **retail** to **professional** client with XTB. We'll then get in touch for next steps.   # **Features you keep** - **Segregation of your money** - we'll continue to segregate your money according to existing conditions - **Financial Services Compensation Scheme -** you'll still be eligible for FSCS protection up to £120,000 you hold with us - **Financial Ombudsman Service** - you're still able to use the FOS for complaints should you not be satisfied with the service we provide - **Right to request** - a different categorisation at any time, if you wish to be classified as a retail trader once more - **Negative balance protection -** professional clients with XTB benefit from negative balance protection, meaning losses cannot exceed, but may include, all deposited funds. Not all brokers offer this feature! # **Features you lose**   - **Risk warnings -** XTB will no longer be required to provide you with the current risk warnings for retail clients or any standardised risk warning that is introduced in future in relation to transactions in complex financial products - **Communications and financial promotions -** Certain FCA or equivalent rules relating to the form and content of information provided by XTB do not apply, including those relating to communications and financial promotions APPLY FOR PROFESSIONAL STATUS #### Our group awards ![](https://en.xtb.com/hubfs/1_img/new-modules/awards_updated_04_2021_slider_all/1_Award_Rankia_2020_303x75.svg) ![](https://en.xtb.com/hubfs/1_img/new-modules/awards_updated_04_2021_slider_all/3_Award_Investopedia_303x75.svg) ![](https://en.xtb.com/hubfs/1_img/new-modules/awards_updated_04_2021_slider_all/6_Award_Technical_analysis_exhibition_303x75.svg) ![](https://en.xtb.com/hubfs/1_img/new-modules/awards_updated_04_2021_slider_all/5_Award_Rankia_2019_303x75.svg) ![](https://en.xtb.com/hubfs/1_img/new-modules/awards_updated_04_2021_slider_all/2_Award_Online_Personal_Wealth_303x75.svg) ![](https://en.xtb.com/hubfs/1_img/new-modules/awards_updated_04_2021_slider_all/4_Award_ForexBrokers.com_Annual_Review_303x75.svg) Shape Copy 5 Created with Sketch. Shape Created with Sketch. ![XTB Online Trading](https://en.xtb.com/hubfs/Images/logo/logo_xtb_black.svg) • I hereby declare that I have been informed that my personal data will be processed for a purpose of marketing of products and services offered by XTB Ltd., exercise or defence of legal claims and in case of opening a demo account also for the purpose of its servicing (legitimate interests provided by controller). Moreover, I hereby declare that I have been informed that XTB with its registered office in the United Kingdom at Level 34, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom (company number 07227848) is the controller of the personal data. - Data Protection Officer’s data: email – data.privacy@xtb.co.uk; - Recipients categories: “co-working entities”, this means firms owned by XTB as well as controlled by XTB, firms which are under common control together with XTB or which are in a constant cooperation, such as banks, investment firms, auditors, companies providing other financial services, IT companies, advisory companies or courier companies. - XTB’s performance of activities may require a transfer of personal data to entities which are performing services for and on behalf of XTB in other countries, including countries outside of European Economic Area. XTB may use securities in form of a standard data protection provisions, which are approved by the European Commission, in case of transfer of personal data to countries which may not provide an appropriate level of data protection. A person whose personal data concerns has a possibility to obtain a copy of his/her data. - Personal data will be stored for a period of 10 years since acquisition of those data, with the reservation of the mandatory law provisions; - A person whose data concerns has a right to request for their correction, deletion or restriction of processing as well as notification of the objection against processing, right to file a complaint to supervisory body, as well as a right to transfer the data; - Providing of my personal data is voluntary, failure to provide data will result in the inability to participate in a marketing campaign or open a demo account. close I give my consent to receive commercial information (including commercial information) via electronic means of communication (including telecommunications terminal equipment, automated calling systems), XTB Ltd., with its registered office the United Kingdom at Level 34, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom (company number 07227848). This consent is voluntary and may be revoked at any time. close