This website is aimed exclusively at professional clients residing in Austria, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, Germany, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovakia, Slovenia or Spain. RoboMarkets Deutschland GmbH assumes no obligation to ensure that the investments and financial instruments are suitable and appropriate for the investor. The investor should inform himself of the accounting and tax consequences of an investment, and should carefully weigh all the risks involved.
Risk Warning: CFDs are complex instruments and carry a high risk of losing money quickly due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs.
ESMA is an independent Authority of the European Union, which contributes to keeping the EU financial system stable by enhancing the protection of investors and promoting stable and ordered financial markets.
ESMA’s new requirements consist of reducing available leverage limitations for Retail clients of financial organizations. New limitations depend on the volatility of an underlying asset and are the following:
Major Currency pairs - up to 1:30.
Non-major Currency pairs, Gold, major Indices - up to 1:20.
Commodities, other than Gold, non-major Indices - up to 1:10.
Other individual assets - up to 1:5.
Apart from the changes of the leverage limitations, financial organizations will be obliged to provide on a per account basis Margin Call and Stop Our features, on a per account basis Negative balance protection, and implement the standardized risk warning.
ESMA’s new requirements will take effect on August 1st 2018.
New requirements are applicable only to Retail clients. For the "Professional Client" category, all the conditions and limitations remain the same.
Read also: How to become a Professional client?
New requirements apply to all Retail clients regardless of their country of residence.
New leverage limitations won’t be applied automatically to open positions, and their margin requirements will remain the same until you close them.
Only the clients who have been qualified as "Professional clients" can keep the current trading conditions.
RoboMarkets Pro provides its clients with an opportunity to undergo a "re-categorization" procedure and be qualified as "Professional" instead of "Retail". You can read more about re-categorization conditions on "How to become a Professional client?" page of our website.
Yes, you will be able to continue trading on any of your open accounts.
No, the Company doesn’t apply any time limitations to passing the procedure. The possibility to change the category from "Retail" to "Professional" clients is not linked to the implementation of the ESMA’s new requirements.
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