Spreadex retail versus professional: protection changes
Professional status is a separate application after retail onboarding and removes negative balance protection; higher leverage changes the risk agreement.
Everyone starts with assessment
The dated account guide says all applicants complete an appropriateness test and initially open retail accounts. An assessment indicating the products are unsuitable can prevent account opening; experience is not an automatic professional classification.
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Diagram explained
Compare protections before leverage
- Retail: appropriateness assessment
- Professional: separate evidence review
- Negative balance protection removed
Retail protection has a defined scope
The FAQ describes retail negative balance protection and margin monitoring. This protection concerns the account balance; it is not a guarantee that a specific trade cannot lose its entire allocated capital.
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Professional changes the agreement
The account guide expressly says elective professional status removes negative balance protection. The legal page separately warns professional losses may exceed the initial stake or deposit; do not carry the retail assurance across classifications.
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Official programme, eligibility or contract source Official programme, eligibility or contract source
Automatic closure remains possible
The FAQ permits automatic closure of positions when margin remains deficient. More leverage is not an extension of a guaranteed warning period; read the applicable agreement and monitor current margin.
Sources for this section
Official programme, eligibility or contract source Official programme, eligibility or contract source
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Sources and scope
Sources are provider publications. Conditions may vary by entity, country, account and program. Recheck before signing up.