ASIC’s Product Intervention Order will come into effect On March 29, 2021 and will result in lower leverage levels for all Retail Clients. Check if you are eligible for a Plus500 Pro account to maintain your current leverage.
Be prepared for ASIC's proposed changes: as a Pro, you can maintain the same leverage levels and keep most benefits offered to Retail Clients at no additional cost!
Instruments Category | Retail Account | Professional Account |
---|---|---|
Major Forex | 1:30 | 1:300 |
Minor Forex | 1:20 | 1:300 |
Major Indices | 1:20 | 1:300 |
Gold | 1:20 | 1:150 |
Commodities (excluding Gold) | 1:10 | 1:150 |
Minor Indices | 1:10 | 1:300 |
Shares | 1:5 | 1:20 |
Options | 1:5 | 1:5 |
ETFs | 1:5 | 1:100 |
Crypto | 1:2 | 1:20 |
Protection | Retail Account | Professional Account |
---|---|---|
Client Money Protection | ||
Negative Balance Protection | ||
Transparent Execution & Pricing | ||
Real Time Disclosure | ||
Product Disclosure Statement & Financial Services Guide | - | Recourse To AFCA | - |
Margin Close Out Protection | ||
Inducements | - |
For example, with an initial margin of AU$5,000, you can gain the following exposure in AUD/USD:
As a Pro Trader with a leverage of 1:300,
you will gain the effect of AU$1,500,000 capital.
As a Retail Trader with a leverage of 1:20,
you will gain the effect of AU$100,000 capital.
** Net assets refer to the total worth of your property and home, superannuation trust funds, value of business, car, caravan, boat, shares and savings, and any other investments.
* The term 'Wholesale Investor’ is used equivocally to denote ‘Professional Trader’.
Just one step: Provide the following Certificate, signed by a Qualified Accountant.
Please note: Greater market exposure in light of higher leverage could involve greater risks.
1 By providing this certificate, you hereby acknowledge that you wish to apply to be treated as a Wholesale Investor, that you understand the implications, and that at any time you can withdraw your consent by contacting us.
2 By own client ratings. Investment Trends 2018 Australia CFD Report.