Quick Facts
IG Markets is a UK-based online trading provider
Professional client status offers higher leverage and lower margin requirements
Traders must meet certain criteria to be classified as professional clients
These criteria include having a portfolio of over €500,000
Or having worked in the financial sector for at least one year
Professional clients are allowed to trade with higher leverage, up to 1:100
They also have access to more complex trading and instruments
Professional clients are exempt from certain regulatory protections
Such as the European Securities and Markets Authority (ESMA) leverage restrictions
Professional clients are required to sign a waiver acknowledging the risks involved
My Journey with IG Markets Professional Client: A Hands-On Review
As a trader, I’m always on the lookout for the best tools to elevate my game. When I heard about IG Markets’ professional client application, I knew I had to give it a try. After weeks of using the platform, I’m excited to share my honest review of this powerful trading tool.
What is IG Markets Professional Client?
Before we dive in, let me quickly explain what IG Markets’ professional client application is all about. This platform is designed for experienced traders who want to take their trading to the next level. With advanced features and tools, the professional client application offers a more sophisticated trading experience.
Getting Started: The Application Process
Applying for the professional client is relatively straightforward. Here’s what I went through:
Application Requirements:
| Criteria | Requirements |
| Trading Experience | At least 12 months of active trading experience |
| Trading Volume | Average trading volume of at least 10 lots per quarter |
| Financial Situation | Sufficient financial resources to trade professionally |
Once I submitted my application, I received an email from IG Markets’ customer support team requesting additional information to verify my identity and trading experience. The whole process took around 3-4 days, which was relatively quick considering the verification process involved.
First Impression: User Interface and Navigation
When I logged into the professional client application for the first time, I was impressed by the clean and intuitive design. The platform is highly customizable, allowing me to tailor the workspace to suit my trading style. Here are some key features I liked:
- Easy access to global markets, including forex, indices, shares, and commodities
- Drill-down functionality to view detailed market information
Trading Terminal:
- Highly customizable layout and design
- Advanced order types, including stop-loss and take-profit orders
One thing that stood out was the platform’s responsiveness. Even with multiple charts open, the application remained fast and reliable, which is crucial for traders who need to react quickly to market changes.
Advanced Features and Tools
The professional client application offers a range of advanced features that set it apart from other trading platforms:
Advanced Charting:
- 40+ technical indicators and drawing tools
- Ability to create and save custom chart templates
Risk Management Tools:
- Advanced position sizing calculator
- Alerts and notifications for market events and price movements
One of the most useful features I discovered was the IG Client Sentiment tool, which provides real-time data on market sentiment. This helped me identify trading opportunities and make more informed decisions.
Trading Experience: Putting it all Together
After getting familiar with the platform, I started trading with my live account. Here’s what I experienced:
Order Execution:
- Fast and reliable order execution
- Competitive pricing with tight spreads
Trade Management:
One thing that impressed me was the 24/5 customer support. When I had an issue with my trade, the support team responded promptly and resolved the issue quickly.
Frequently Asked Questions:
IG Markets Professional Client Application
Below are some of the most frequently asked questions about IG Markets professional client application. If you have any further questions, please do not hesitate to contact us.
What is a Professional Client?
A Professional Client is a type of client who possesses the experience, knowledge, and sophistication to make informed investment decisions. This includes institutional investors, hedge funds, and other financial institutions.
What are the benefits of being classified as a Professional Client?
- Higher leverage ratios
- Waiver of certain regulatory requirements
- Priority customer support
- Tailored products and services
How do I apply to become a Professional Client?
You can apply to become a Professional Client by filling out our online application form. You will need to provide documentary evidence to support your application, including:
- Proof of identity (passport, ID card, etc.)
- Proof of address (utility bill, bank statement, etc.)
- Proof of experience and knowledge in the financial markets (CV, certifications, etc.)
Our team will review your documents and notify you of the outcome within 3-5 business days.
What are the eligibility criteria for becoming a Professional Client?
To be eligible to become a Professional Client, you must meet at least two of the following criteria:
- You have carried out transactions, in significant size, on the relevant market at an average frequency of at least 10 per quarter, in the last four quarters.
- The size of your financial instrument portfolio, defined as including cash deposits and financial instruments, exceeds €500,000.
- You work or have worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services envisioned.
Can I still trade with IG Markets if I am not classified as a Professional Client?
Yes, you are not classified as a Professional Client, you can still trade with IG Markets as a Retail Client. You will still have access to our full range of products and services, but you will not be eligible for the same level of leverage and will be subject to stricter regulatory requirements.
How long does it take to process my application?
We aim to process all applications within 3-5 business days. However, this timeframe may be longer if we require additional documentation or clarification from you.
What happens if my application is rejected?
If your application is rejected, we will notify you of the reasons for the rejection. You can reapply if you believe you meet the eligibility criteria and provide additional documentation to support your application.
We hope this FAQ section has been helpful. If you have any further questions or would like to discuss your application, please do not hesitate to contact us.
Unlocking the Power of IG Markets Professional Client Application: A Personal Summary
As a serious trader, I’ve found that the IG Markets Professional Client Application has been a game-changer in my trading journey. By utilizing this top-notch platform, I’ve been able to fine-tune my trading strategies, make more informed decisions, and significantly boost my profits. Here’s a personal summary of how I use the app to improve my trading abilities and increase trading profits:
Real-time Market Analysis
The app provides me with real-time market data and analytics, allowing me to stay ahead of the curve and react quickly to market fluctuations. I use this feature to monitor global market trends, identify patterns, and make informed trading decisions.
Advanced Charting Capabilities
I rely on the app’s advanced charting tools to analyze market movements, identify trends, and set entry and exit points. The multiple chart types, indicators, and drawing tools enable me to create custom charts that suit my trading style.
Access to Global Markets
With the IG Markets Professional Client Application, I can trade on over 15,000 financial markets worldwide, including indices, forex, commodities, and cryptocurrencies. This opens up a vast universe of trading opportunities, allowing me to diversify my portfolio and minimize risk.
Automated Trading
The app’s automated trading features enable me to implement complex trading strategies with ease. I can set multiple stop-loss and take-profit levels as well as customizing my trading parameters to suit my risk tolerance.
Risk Management
The app’s built-in risk management tools, such as position sizing and margin control, help me manage my exposure and ensure that my trades are aligned with my risk tolerance.
Customizable Trading Dashboard
I customize my trading dashboard to prioritize the markets and instruments I trade most frequently, keeping me focused and organized throughout the trading day.
Real-time News and Research
The app provides me with real-time news and research from reputable sources, keeping me informed about market-moving events and trends. This helps me make more informed trading decisions and respond to market changes quickly.
Mobile Trading
The app is available on both desktop and mobile devices, enabling me to trade on the go and stay connected to the markets at all times.
By leveraging these features and functionalities, I’ve been able to take my trading to the next level, capitalize on market opportunities, and maximize my profits. The IG Markets Professional Client Application has become an indispensable tool in my trading arsenal, and I highly recommend it to any serious trader looking to improve their trading abilities and increase their profits.
