To apply for a Wholesale client account, you will need to submit your details in this form and complete one of the options of the Wholesale client qualification requirements.
Sophisticated Investor Qualification
Option 1: Trading Experience requirements
- You have traded FX or CFDs at least 20 times in a quarter, over a minimum of 4 quarters in the preceding 2 years, with a minimum notional value of AUD $50,000 per quarter.
(This can be demonstrated from your OX Securities account, another provider, or a combination of both)
- Complete the knowledge test with 100% pass rate.
Option 2: Professional Experience requirements
- Currently work or have worked in the financial sector for at least one year in a professional position which requires knowledge of leveraged trading (FX or CFDs).
- Complete the knowledge test with 100% pass rate.
Wealth Test Qualification
Option 1: Net asset requirements
- You have net assets of at least $2.5 million AUD.
- Must be verified by a certificate from a qualified accountant dated within the last 6 months.
Option 2: Gross income requirements
- You have had a gross income for the last two financial years of at least $250,000 AUD per annum.
- Must be verified by a certificate from a qualified accountant dated within the last 6 months.
