XSpot Professional | XSpot Markets | Trade with a multi-asset broker
Welcome

Unlock our pro services

Experienced traders can open an XSpot account as an elective professional. Professional traders are not subject to regulatory product interventions intended for less experienced traders.

You may be eligible as a Professional client if you meet at least two of the following:

A financial portfolio* exceeding €500,000

Placed 10 relevant trades in significant sizes over the last four quarters

Worked, or have worked, in the financial sector for at least 1 year

Professionals can incur losses exceeding deposits. Read below about the changes to client protection.

Unlock our pro services

Experienced traders can open an XSpot account as an elective professional. Professional traders are not subject to regulatory product interventions intended for less experienced traders.

You may be eligible as a Professional client if you meet at least two of the following:

A financial portfolio* exceeding €500,000

Placed 10 relevant trades in significant sizes over the last four quarters

Worked, or have worked, in the financial sector for at least 1 year

Professionals can incur losses exceeding deposits. Read below about the changes to client protection.

Why get an XSpot professional account?


Advanced range of markets

15.000+ instruments from 20+ stock exchanges


Better trading conditions

Favorable liquidity, spreads & leverage conditions


Exclusive access to feed providers

Exclusive access to feed from HSBC, Citibank, JP Morgan, Deutsche, BOA and State Street


Greater autonomy

Greater autonomy and flexibility in your trading.


Dedicated Account Manager

Your own XSpot PRO Account Manager to support your trading


Bespoke Research

Access to advanced reports by our in-house Investment Research Team

What should you be aware of?


Higher leverage

Leverage restrictions are not applicable to professionals. Remember with increased leverage comes increased risk


Assumed experience

We expect pro traders to have a certain level of knowledge and understanding.


No negative balance protection

Losses can exceed deposits on a professional account.


Risk warnings

We may not provide you with any standardized risk warnings as you already understand the associated risks


Sophisticated language

We won’t necessarily use simple language in our communications to pro clients.


Investors compensation fund

Elective professional clients are not eligible for the Investors Compensation Fund protection of €20,000

An advanced package

Experienced traders deserve appropriate support. Qualify for an XSpot professional account, and you’ll enjoy a range of features:

  1. Credit facilities, giving you greater flexibility (subject to approval)
  2. Dedicated access to our execution desk, enabling you to place complex trades from any stock exchange around the world
  3. Scalper – Scalper is a professional panel for short-term high-frequency trading and it provides comprehensive functionality: Level 2 quotes, Time & Sales data, tick charts overlaying, mouse trading mode, etc
  4. Saved Orders – Simultaneous opening of the positions by basket components from different markets became possible owing to Saved Orders panel. Custom sets of orders can be saved and send on demand
  5. Visual Trading – XSpot PRO chart trading tool raises speed of managing multiple positions and orders. Drag and drop orders to modify, close and open positions simply by one click
  6. Market Depth – Tracking market sentiment and order flow becomes possible via professional trading tool Market Depth. It displays Level 1 and Level 2 quotes with a built-in order entry
  7. Matrix – Matrix module designed for the convenient work with Market Depth. The Matrix provides the ability for a single click order entry, modification, and cancellation
  8. Portfolio – Portfolio tool is useful for those traders who trade portfolio strategies. It is possible to build chart of your portfolio, set coefficient between values of instruments and trade portfolio as a single asset
  9. Time & Sales – Time & Sales is a professional analytic tool, which shows information about made trades and level 1 quotes data. It is essential for «tape reading» of current market data

You’ll also be eligible for, on request:

  1. personal account manager, on hand to offer one-to-one support
  2. Bespoke research tailored to your needs by our expert analysts
  3. Invitations to premium hospitality and events, allowing you to socialise with like-minded traders in luxurious surroundings

APPLY NOW

1

Open an account with XSpot Markets

Apply for a live spread betting or CFD account with us

2

We’ll email you an XSpot Professional invitation

Follow the link to start your XSpot Professional application

3

Complete your application

Confirm your eligibility and complete your XSpot Professional application

4

Welcome to XSpot Professional

Once approved, start trading with your new XSpot Professional account

1

Open an account with XSpot Markets

Apply for a live spread betting or CFD account with us

2

Request your XSpot Professional invitation

We’ll email you an invitation to start your application

3

Complete your application

Confirm your eligibility and complete your XSpot Professional application

4

Welcome to XSpot Professional

Once approved, start trading with your new XSpot Professional account

FAQs

What are the eligibility requirements to becoming a professional trader?

To qualify, you must answer ‘yes’ to two or more of the following:

 

  • Has your trading averaged 10 significantly sized transactions in leveraged derivatives per quarter over the last 4 quarters?
  • Do you have a financial instrument portfolio, including cash deposits, exceeding €500,000?
  • Have you worked in the financial sector in a professional position, requiring knowledge of derivatives trading, for at least a year?

What is included in my ‘financial instrument portfolio’?

A ‘financial instrument portfolio’ includes:

 

  • Cash
  • Stock portfolios
  • Stocks and shares ISAs
  • Trading accounts
  • Mutual funds
  • SIPPs (excluding non-financial instruments)
It does not include:

 

  • Company pensions
  • Non-tradeable assets
  • Property

What if I’m not eligible to become a professional trader?

Not a problem – you can still trade with us as a Retail Client and enjoy our great customer service and powerful tools. However you will only have access to XSpot TRADER and XSpot MT4 platform as XSpot PRO is only offered to Professional Clients. What’s more, you’ll automatically get negative balance protection on your account and more protection measures.

What’s the difference between an Xspot Standard account and an Xspot Professional account?

With an XSpot Standard account, due to leverage restrictions you’ll need to hold more margin to cover your positions than a professional client would. Your account will also have negative balance protection, meaning that the balance on your account can’t go below zero, so you will never lose more money than your invested amount.

What protections do professional clients forego?

There are a few protections afforded to retail clients that professional clients don’t receive.

 

  1. Negative balance protections don’t apply to professional clients, who have an obligation to make additional payments if their account falls into a negative balance. As a professional client, you can still attach guaranteed stops to place an absolute limit on risk. These incur a small premium if triggered.
  2. We need to use clear language when talking to retail clients, but we can use more sophisticated language when talking to our professional clients.
  3. We may assume a level of knowledge and experience when assessing whether our products are appropriate for professional clients.
  4. We owe our clients a duty of best execution when executing orders. For retail clients we must prioritise overall prices and cost of a transaction in doing this. For professional clients we may prioritise other factors such as speed and likelihood of execution, if we determine they are equally or more important than overall price. In practice, we don’t change the way we execute your orders.

What if I already have an XSpot account?

If you’d like, you can request that your account be reclassified as ‘professional’. To check whether you could be eligible, see if you have the experience and portfolio required.

Why is spread betting and CFD leverage being restricted?

The European Securities and Markets Authority (ESMA) imposed a range of leverage restrictions aimed at retail traders in early 2018, to try to increase conduct standards across the industry and improve outcomes for investors.

NOT ELIGIBLE?

Even if you are are not currently eligible for an XSpot Professional account, you can still trade thousands of financial markets on our other two platforms, XSpot TRADER and XSpot MT4. Endless opportunities with access to advanced charting, our suite of trading tools, trader education and breaking market news and analysis from our in-house analysts.

[contact-form-7 404 "Not Found"]