Due to new ESMA regulatory requirements, there are restrictions on the maximum Multiplier we can offer. This applies to everyone classified as a retail client. However, if you are eligible to be classified as a professional client, you can be entitled to a higher Multiplier:

 

Product

Maximum Multiplier - Retail client

Maximum Multiplier - Professional client

CFD Stocks

1-5

1-10

CFD Indices

1-20

1-100

CFD Currencies

1-30

1-100

CFD Crypto-currencies

1-2

1-3

CFD Commodities

1-20

1-50

 

To qualify for a professional client status, you will need to meet at least two out of three criteria outlined below by ESMA:

 

1) Professional Experience: You have worked in the financial sector for at least one year. 

 

You will need to provide answers to the following questions:

  • What is the name of your employer?
  • Is the employer regulated by the FCA or any other financial regulatory body?
  • What is your specific job title?
  • Please provide a brief summary of how you feel the job has developed your knowledge and experience of leveraged products.

 

2) Size of Portfolio: You have an investment portfolio and/or savings account of *GBP 500,000 or more. 

 

You will need to provide us with supporting statements showing your portfolio or account size.

  • Statements must have been issued within the last 3 months
  • Keep in mind that this can be a cumulative total of multiple accounts, including your account with us.

 

* For UK clients this value is GBP 500,000, for Swedish clients Kr5,000,000 and for Danish clients Kr4,000,000

 

 

 3) Trading Experience: You have performed at least 40 trades of significant size in the past year. (significant size means a notional trade size of GBP 5,000 (or currency equivalent) for cryptocurrency and single stocks, and GBP 40,000 for other asset classes).

 

  • You will need to send us a statement or ledger that will show enough trades of the required value at other brokerages. Or mention that you feel you have done this with Stryk.

 

 

If you do meet 2 of the above criteria and are interested in being classified as a professional client, all you need to do is send us an email and we will get back to you shortly.