TradeFred Pro

TradeFred Pro

If you have the knowledge and expertise to take your investment career to the next level, the TradeFred Pro scheme is the ideal solution.

The Product Intervention Decision measures introduced by the European Securities and Markets Authority (ESMA) have changed the way leveraged financial instruments, such as CFDs, are offered to retail clients. These include:

  • Limits on the amount of leverage offered
  • Restricted access to certain products

These restrictions apply to all Forex and CFD brokers, but do not impact professional traders. By electing to become a TradeFred Pro, you can take more control of your investment career and trade the way you want to.

Want to go Pro? Contact our support team to begin your application. If you’re not already a client, please sign up.

Contact Us Open An Account Trading FX involves risk of loss

It is important to understand that by becoming a professional trader, you will lose some of the regulatory provisions that are afforded to retail clients – so please ensure you thoroughly understand this before you upgrade. We will also provide a clear written breakdown of the protections you may lose as soon as we receive your application to recategorise. Read the following information carefully and note the risks involved.

What you will keep What you will waive
Segregation of client funds
TradeFred holds all client funds in segregated accounts with trusted financial institutions. This ensures that you have access to your money at all times.
Leverage restrictions
You will not be subject to the leverage restrictions and will have greater control of the leverage you can use. Remember that increased leverage carries more risk.
Communication
We believe all clients should be well-informed about their account and our services. TradeFred will not change the level of communication you will receive as a Pro trader.
Product restrictions
Pro clients are not bound by product restrictions. This makes you free to trade how you wish, as you have proven you have the experience to understand the risks involved.
Right to re-categorise
You have the right to request that we re-categorise you as a retail client at any time, should you feel the need for a higher level of regulatory protection.
ICF protection
As a Pro client, you no longer have compensation rights under the Investor Compensation Fund (ICF). For more details about the ICF, please click here.

Maximum leverage comparison: TradeFred Pro vs Retail Client

Asset type TradeFred Pro clients Retail clients
Forex (majors) Up to 1:200 Up to 1:30
Forex (minors) Up to 1:200 Up to 1:20
Indices (majors) Up to 1:200 Up to 1:20
Indices (minors) Up to 1:200 Up to 1:10
Gold Up to 1:100 Up to 1:20
Commodities Up to 1:100 Up to 1:10
Equities Up to 1:10 Up to 1:5
Cryptocurrencies Up to 1:2 Up to 1:2

Want to go Pro? Contact our support team to begin your application. If you’re not already a client, please sign up.

Contact Us Open An Account Trading FX involves risk of loss

Why TradeFred is different

We were designed with investors in mind, meaning we will always put the interests of our clients before our own. This is why we will retain several layers of protection for our Pro traders that would usually be removed by other brokers.

The ESMA regulations do not obligate investment providers to offer professional clients the security of negative balance protection. This means you could incur losses that exceed your deposits if your trading account falls negative. TradeFred will keep this service in place, so you can be sure you will never lose more than what you have already invested.

Some brokers will assume that you fully understand the risks involved in online Forex trading. They will therefore remove all risk warnings on the website and your trading account. We believe that although you have already amassed considerable knowledge, it is still our responsibility to keep you reminded about the considerable risks that Forex trading poses.

TradeFred is committed to providing the highest quality investment service. That is why we will continue to offer the best execution of your trading orders, no matter your categorisation – this is something most brokers will not provide to elective professional clients.

We will also implement the new 50% minimum margin percentage requirements for all our clients, not just those with a retail categorisation.

TradeFred Pro qualification criteria

To become eligible for the TradeFred Pro classification, you must at least meet two of the below criteria. As a responsible broker, we will ask for evidence of this to prove you have the right experience for this service. The eligibility criteria are:

  • You must have carried out at least 10 transactions per quarter during the previous four quarters (with TradeFred or other brokers). These trades must be of a significant size and involve a relevant financial product
  • The size of your investment portfolio (with TradeFred or other providers), including cash deposits and financial assets, must be in excess of €500,000. Acceptable examples of a portfolio include savings, stocks and mutual funds
  • You work, or have worked, in the finance sector for at least one year in a position that requires knowledge of relevant products.

Want to go Pro? Contact our support team to begin your application. If you’re not already a client, please sign up.

Contact Us Open An Account Trading FX involves risk of loss