As you probably already know, the European Securities and Markets Authority (ESMA) has introduced new, stricter regulations to the market. You can read more about the upcoming changes in the following article. The new regulation is applicable to retail clients only. Professional clients will be not affected; they will still be in a position to trade binary options and access higher leverage when trading CFDs.
All existing IQ Option clients are automatically categorised as retail clients. A client who wishes to apply for categorisation as a professional client must fulfill certain criteria and also apply for this status. The procedure can be found on the IQ Option website (https://eu.iqoption.com/en/pro).
In order to be re-categorised as a professional client, you will have to fulfil at least two out of three requirements:
Elective Professional Clients will be afforded the same level of protection as Retail Clients, with one notable exception: their funds will not be covered under the Investor Compensation Fund. Professional Clients have the right to change their status back to Retail at any time.
You can find more information in our client categorisation policy and request for a re-categorisation directly from your account.To the platform
NOTE: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.
In accordance with European Securities and Markets Authority’s (ESMA) requirements, binary and digital options trading is only available to clients categorized as professional clients.
GENERAL RISK WARNING
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
77% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.