Plus500 Pro
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.
Trading more with less
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!
Max Leverage
Other Criteria
Max Leverage
| 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 |
Other Criteria
| 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 | - |
How it Works:
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.
How to apply for Plus500 Pro
You can be categorised as a Wholesale Investor* and upgrade to Plus500 Pro if you meet one of the following conditions:
- Assets:
You have net assets of at least AU$2.5M**, or** 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.
- Income:
Your gross income for each of the last two financial years was at least AU$250,000
* The term 'Wholesale Investor’ is used equivocally to denote ‘Professional Trader’.
Getting started
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.
FAQ
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.