Welcome to TradeDirect365 Pro

Benefits of a TradeDirect365 Pro Account

Opening a TradeDirect365 Pro account gives you access to benefits including:

    • Continued access to higher leverage
    • Margin close out level of 50% (compared to our retail accounts at 100%)

TradeDirect365 Pro account clients continue to enjoy access to higher leverage.  Have a look at some of our most popular markets.

 

MARKETS

RETAIL

margins from*

PRO

margins from

Indicies

20:1

200:1

Forex

30:1

200:1

Shares

5:1

20:1

 * Retail margins will apply from 29th March 2021.

What you need to know about TradeDirect365 Pro

Under the Corporations Act 2001, clients are categorised as either retail or professional clients.  TradeDirect365 Pro is only available for professional clients.

BENEFITS

PROTECTIONS YOU WILL LOSE

Continued access to higher leverage (although this may result in higher losses).

You are not provided with a Product Disclosure Statement or Financial Services Guide.

We will protect your funds in a segregated client money account.

Negative balance protection will not apply to professional clients.

You can request to change your classification to retail at any time.

TradeDirect365 may withdraw your status as a Professional Client and treat you as a Retail Client at any time.

Margin close out level at 50%

You do not have access to our internal dispute resolution procedure and you may also be excluded from access to the external dispute resolution scheme through the Australian Financial Complaints Authority (AFCA).

 

You will no longer have access to trade US stocks.

Am I Eligible?

TradeDirect Pro accounts are only available to professional clients. 

If you satifsy the requirement of ONE of the two tests below, you could be eligible for a TradeDirect365 Pro account.

Test 1: SOPHISTICATED INVESTOR TEST

You have a minimum of 12 months leveraged trading experience during which you have placed, on average, at least 10 trades per quarter in a qualifying size*.

OR

You have held a professional position in the financial services sector that required experience of derivatives trading for at least 12 months.

And

You have gross annual income of
over $100,000 AUD.

OR

You have savings and investments of
over $500,000 AUD.

*Opening and closing a position is considered as 1 trade.  $50,000 notional size for equities and/or $100,000 notional size for Indicies, FX or Commodities.

Test 2: WEALTH TEST

You have net assets of AUD $2.5 million.

OR

You have gross income for each of the last two financial years of at least $250,000 AUD per annum.

Ready to Apply?

If you are able to meet the requirements outlined above, and already hold a retail account with us, then you are able to apply for a Professional account.

I am new to TradeDirect365

You need to have a trading account with us BEFORE you can apply for a TradeDirect365 Pro account.

Open New Account

I already have an account with TradeDirect365

apply for tradedirect365 pro
  1. Download our application form
  2. Complete the application form
  3. You will need to evidence the eligibility requirements that you have met, so please prepare documents that support your application.
    e.g. For proof of trade history, we would need to 12 months of historical trades that meet the required notional value
  4. Return the application form AND the proof of eligibility to support@tradedirect365.com.au titled “Professional Application”.
  5. One of our Professional Client managers will confirm your application and advise on the next steps.

If you’d like to speak to one of our account managers here at TradeDirect365 about your Professional application, drop us a call on +61 2 8310 4713