Trading Options Expanded
Skilling offers diverse trading features for experienced traders. You can access 900+ assets, advanced tools, and tailored account options.
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Skilling offers diverse trading features for experienced traders. You can access 900+ assets, advanced tools, and tailored account options.
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Rated 4.4 out of 5 based on 305 reviews
PRO ACCOUNT
Elective Professional Client Requirements
Skilling's Pro account is available for experienced traders meeting two of the three criteria below:
- Have you traded leverage derivative products in substantial volumes of ten per quarter over the past four quarters?
- Is your financial instrument portfolio valued at more than $500K?
- Have you held a professional position in the financial sector for at least one year with exposure to derivatives trading?
PRO ACCOUNT
Professional Client Account
Features
Margin
flexibility:
Increased position control
Expanded
market access:
900+ assets across multiple platforms
Tailored
trading environment:
Features designed for experienced traders
PRO ACCOUNT
Why should I get the Skilling
Professional Client account?
| Asset Class | Minimum Leverage Ratio | Maximum Leverage Ratio | Margin Requirement % | |
|---|---|---|---|---|
| Indices | 1:1 | 1:200 | 0.5 | |
| Cryptos | 1:1 | 1:2 | 50 | |
| Forex | 1:1 | 1:200 | 0.5 | |
| Commodities | 1:1 | 1:20 | 5 | |
| Stocks | 1:1 | 1:5 | 20 | |
Still unsure about what it will cost you to trade with us?
GET STARTED
How to apply for the
Elective Professional Client status:
Create an account
Open an account as a retail Skilling client.
Reach out to us
Get in touch with customer support for help with your application.
Send
Send the form and any supporting documentation requested to [email protected].
FAQ
Skilling Elective Professional Client
What is an Elective Professional Client with Skilling?
An Elective Professional Client account allows traders to access lower margin rates. To do so, they must meet specific eligibility requirements and waive certain regulatory restrictions.
Who can request for an Elective Professional Client Account?
A Retail Client can request to be categorised as an Elective Professional Client and waive any higher level of protection in line with the applicable regulations.
What are the Client Categorisation Rights available?
An Elective Professional Client can request to be categorised as a Retail Client and obtain a higher level of protection in line with the Client Categorisation Policy.
What documents are acceptable for each eligibility requirement?
At least two out of three eligibility criteria shall be met:
- For trade size & volume: recent account statements (not older than 12 months) indicating trade size and volume in leveraged financial assets.
- For the size of the portfolio: recent account statements (not older than 12 months) from credit or financial institutions showing cash savings, stock portfolios, trading accounts, etc.
- For professional experience: recently issued letter of character from another credit or financial institution or evidence of professional experience (not older than 6 months).
What restrictions are waived with a Professional Account?
By opting for the Elective Professional Client Account, experienced traders waive certain restrictions that have been designed for retail and less experienced traders. These include the restriction to lower leverage, negative balance protection (NBP), standardized risk warnings, and eligibility for compensation under the Investor Compensation Fund Scheme (ICF).
How can I apply for Elective Professional Client status with Skilling?
To apply for Elective Professional Client status, follow these steps:
- Create an account with Skilling as a retail client.
- Download and complete the application form provided on the Skilling website.
- Send the completed form and any supporting documentation to [email protected].
- Please note that you will be responsible for informing Skilling about any changes that may affect your current categorisation.