Professional Account

Experienced traders may be eligible to reclassify as elective professionals to waive regulatory protections designed for less experienced traders.

Apply for professional status
1) Create an account if you don’t have one
2) Log in to our platform and go to main menu > Your account > Account status > Request professional status
3) Complete the simple form and submit any supporting information

How to qualify

If you meet at least two of the following criteria, you may be eligible to reclassify as an elective professional client:

  • Have a financial portfolio that exceeds €500,000*
  • Placed at least 10 relevant trades in significant sizes over the last four quarters
  • Work, or have worked, in the financial sector for at least one year

Elective professional protections

Across the industry, regulations have been implemented to protect less experienced traders. However, if you wish to waive these protections and trade with increased flexibility, you have the option to apply for elective professional status. Please read the following information carefully, and take note of the protections you will waive by opting for professional status.

Protections you’ll keep

  • Money you hold with us will remain in a segregated client bank account, unless we inform you otherwise
  • As an individual you’re eligible for FSCS protection for up to £85,000 that you hold with us
  • If you are trading in a personal (‘consumer’) capacity, you should be eligible to use the FOS. If you are unsure whether its services will apply to you, contact the FOS directly
  • We must take all reasonable steps to obtain the best possible results for clients when executing orders or when placing orders with, or transmitting to, a third party
  • You retain the right to request a different categorisation – for example, if you wish to be afforded a higher level of regulatory protection

Protections you’ll waive

  • Leverage restrictions applicable to retail clients do not apply to professionals. But remember, with increased leverage comes increased risk
  • You will not have negative balance protection. Should your account fall into a negative balance, you will be obliged to make additional payments – meaning losses can exceed deposits
  • As you understand the risks associated with trading complex financial products, we will not impose product restrictions upon you
  • We may not provide you with any standardised risk warnings as you already understand the associated risks
  • We may use more sophisticated language when communicating with you. However, we’ll always communicate in a clear, fair and not misleading way

Professional client margin rates

OCAP provides the industry’s top trading conditions, featuring highly competitive spreads across a broad selection of currency pairs and other assets. View our comprehensive list of over 50 FX pairs, along their respective spreads and margins, for our CFD accounts below.

Instrument Margin Leverage
FX (majors) 1.50% 66:1
Index (majors) 2.50% 40:1
Index (minors) 3.00% 33:1
Gold 3.00% 33:1
Equity 10.00% 10:1

As a Professional client you are able to take advantage of the portfolio-based margin model. You can read more about the model and how to apply here. For more information on professional margin rates, please see margin information for Professional clients.

Use securities as collateral

As a professional client, you can use a percentage of your shareholdings as collateral for margin trading..

Why open an account with OCAP?


Global market access

Trade more than 71,000 instruments across forex, CFDs, stocks, options, commodities, futures and bonds.


Powerful platforms

Access our best-in-class platforms, designed by traders for traders, enabling you to trade with confidence.


Industry-leading prices

Benefit from market-leading entry prices and get tighter spreads and lower commissions when you upgrade your trading tier.


Expert support

Receive excellent digital support as a standard feature, and elevate your service experience further by unlocking premium benefits with our advanced trading tiers.

Start trading now

Trade 71,000+ assets with no minimum deposit