For Pro clients only. Losses can exceed deposits.

Unlock Pro

You know how to trade. As a wholesale client, get the freedom and service that your experience deserves with IG, Australia's No.1 CFD and FX provider.1 Now with Pro Level 1 or Pro Level 2.

The benefits of Pro

Pro offers different features such as higher leverage and higher level volume-based rebates, which are not available to retail clients.

Higher leverage

Continue to access reduced margins on major indices, FX pairs and shares.

Volume based rebates

Higher monthly cash rebates based on your trading activity.

Dedicated support

Experienced account managers to help you with your trading needs.

Enhanced trading options

Trade sophisticated order types, gain direct market access and more.

If you qualify for a Pro account and meet the criteria, you’ll be treated and classified as a wholesale client.

What should you be aware of?

Retail clients are afforded additional investor protections compared with wholesale clients.

If you are a Pro client, then we will continue to fully segregate your money and assets in the same way as before in accordance with the client money provisions of the Corporations Act 2001 (Cth).

However, you will not be entitled to the following protections afforded to retail clients under the Corporation Act 2001 (Cth):

  • The protections afforded under ASIC’s product intervention measures for CFDs, including leverage restrictions
  • You will not be given a Product Disclosure Statement (PDS) or Financial Services Guide (FSG)
  • The applicable Future of Financial Advice (FoFa) requirements relating to conflicted remuneration do not apply
  • Our external dispute resolution scheme, the Australian Financial Complaints Authority, has discretion to exclude complaints from wholesale clients

Please also consider our Pro Guide and Wholesale Disclosure Notice.

Learn more in our FAQs.

Eligibility Requirements

Pro Level 1 - NEW

REQUIREMENT 1: EXPERIENCE

You have a minimum of 12 months leverage trading experience during which you have placed, on average, at least 15 trades per quarter in 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.

REQUIREMENT 2: SAVINGS

You have gross annual income of over $100,000 or Savings & Investments of over $500,000

*Opening and closing a position is considered as 1 trade. $20,000 notional size for equities and/or $100,000 notional size for Indices, FX or Commodities. Trades must have been placed within last 5 years.

Pro Level 2 - NEW

REQUIREMENT 1: EXPERIENCE

You have a minimum of 12 months leverage trading experience during which you have placed, on average, at least 15 trades per quarter within the last 5 years.

OR

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

REQUIREMENT 2: WEALTH

You have net assets of $2.5 million.

OR

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

You will also need to supply an accountancy certificate to prove your wealth for Level 2

You will also need to supply an accountancy certificate to prove your wealth for Level 2

Learn more in our FAQs.

Maintain Higher Leverage

When ASIC’s leverage restrictions come into effect from 29 March 2021, retail margin requirements will be significantly impacted. Upgrade to Pro Level 1 and Pro Level 2, to maintain your access to high leverage.

AFTER PROPOSED ASIC CHANGES

Current Retail & PRO Level 1

ASIC Proposed Retail

NEW PRO Level 1

PRO Level 2

Forex (inc Spot Gold) 200:1 20:1 100:1 250:1
Indices 200:1 15:1 100:1 250:1
Commodities 67:1 10:1 40:1 83:1
Shares 20:1 5:1 10:1 25:1
Cryptocurrencies 10:1 2:1 4:! 25:1

Want to know more about what trading with us will cost you? Call us on 1800 601 734.

What will your trading look like with Pro?

In addition to maintaining higher leverage, Pro Level 1 and Pro Level 2 clients will still have access to a range of features not available to retail clients when ASIC’s measures are implemented on 29 March 2021.

Features of Pro

MAXIMUM LEVERAGE

CURRENT AFTER ASIC'S MEASURES ARE IMPLEMENTED ON 29 MARCH 2021
Retail and Pro Level 1 Pro Level 2 Retail Pro Level 1 Pro Level 2
Major forex pairs2 200:1 250:1 30:1 100:1 250:1
Major indices3 200:1 250:1 20:1 100:1 250:1
Minor forex pairs and gold 2 200:1 250:1 20:1 100:1 250:1
Minor indices3 200:1 250:1 10:1 100:1 250:1
Commodities (excluding gold) 67:1 83:1 10:1 40:1 83:1
Shares or other underlying assets 20:1 25:1 5:1 10:1 25:1
Cryptos 10:1 12.5:1 2:1 4:1 12.5:1

CURRENT AFTER ASIC'S MEASURES ARE IMPLEMENTED ON 29 MARCH 2021
Retail & Pro Level 1 Pro Level 2 Retail Pro Level 1 Pro Level 2
Negative Balance Protection
A retail client protection whereby a client's losses cannot exceed the funds on the client's account.
       *  
Enhanced volume-based rebates
Increased levels of rebates rewarded monthly.
         
Reduced margin when using stops
Attaching a stop to your open positions can reduce the margin requirements. This feature will not be available to retail clients under ASIC's new measures.
         
Access to Collateral
You can use the value of the holdings in your IG Share Trading account, instead of cash, to cover margin requirements on your CFD account*.
        *  


* Negative balance protection is not available to clients who have linked their CFD and share trading accounts through IG's Collateral offering.

How it works

Example A If your notional trade value for the month on FX is US$500 million and commodities US$32 million, you would qualify for a tier 3 rebate of US$11 per million traded for FX and also US$11 per million traded for commodities, your monthly rebate would therefore be:

500 (USD million notional traded FX) x 11 (Pro rebate per million traded) = US$5500 or 32 (USD million notional traded commodities) x 11 (Pro rebate per million trade) = US$352, giving you a total rebate of US$5852 or A$80163

Example B If during the same month your notional traded for indices was US$95 million, you would also qualify for tier 3 rebate of US$8 per million traded. This is simply because you have met the threshold for tier 3 in another asset class, even though you have not met the tier 3 threshold for indices. In addition to your other rebate, the calculation for your indices rebate would now be:

95 (USD million notional traded) x 8 (tier 3 rebate per million traded) = US$ 760 or AU$10413

Making your total rebate for the calendar month to be: AU$8016 + AU$1041 = AU$9057

Enhanced Features

Qualify for Pro, and you’ll unlock a range of enhanced features:

  • Reduced margin when using stops on major indices, forex, shares and cryptocurrency CFDs
  • Higher level volume-based rebates to reward your level of trading activities
  • Access to a dedicated account manager, on hand to offer one-to-one support
  • A three-month trial of ProRealTime

Plus;

  • Credit facilities, giving you greater flexibility (subject to approval)
  • A dedicated execution desk, enabling you to place complex trades in the underlying market
  • Sophisticated order types for greater control, including VWAP, TWAP and volume inline
  • Direct market access on forex and shares, giving you increased visibility in the underlying market
  • Invitations to premium hospitality and events

Trade with a market leader

Peerless reputation

Founded in 1974, we are Australia's No.1 CFD and FX provider.1 You can rest assured that our business model is built around backing your success when trading with us, and that your funds are protected in fully segregated accounts at regulated banks.

Cutting-edge technology

We invest heavily in developing tech that helps you trade the way you want to. Customise your trading experience with our clean, quick online platform, mobile apps designed by device, and a range of advanced solutions for automated trading and analysis.

Unparalleled opportunities

Choose from a massive 17,000+ markets, with spreads that we’re always working to keep as low as possible. You’ll also find out-of-hours trading on key US stocks, plus weekend indices and crypto CFDs, to help you access opportunity you won't find elsewhere.

Apply for Pro now

New clients

  1. Fill out a simple online form to apply for a CFD account
  2. Log in to your newly created account and follow the prompt to begin verification for Pro status
  3. Complete the additional steps - we'll ask you for some more info to verify your status
  4. Check your emails to find out if you've qualified for Pro status

We may request additional documentation or supporting evidence from you.

Existing clients

  1. Log in to My IG or your IG Trading app as you normally would
  2. Once logged in, follow the prompt to begin verification for Pro status
  3. Complete the additional steps - we'll ask you for some more info to verify your status
  4. Check your emails to find out if you've qualified for Pro

We may request additional documentation or supporting evidence from you.

Don’t see the prompt? Go to ‘settings’>‘client and account status’ on desktop, or the 'accounts' area in-app.

Please note that the final decision on your eligibility will be determined by IG. Here’s a reminder of the requirements.

Still have questions about opening an IG Pro account, or anything else?

Give our team a call on 1800 601 734

FAQs

What if I’m not eligible for Pro?

If you're not eligible, that's not a problem – you can trade as a retail client with us. You’ll have access to the same powerful platforms and the great customer service we offer our retail clients.

What’s the difference between an IG trading account and an IG Pro account?

With an IG trading account, you’ll need to hold more margin to cover your positions than an IG Pro account would. There are several other key differences which are outlined in the table above, including the different margin rates.

What protections do Pro clients forego?

As a Wholesale Client you will be giving up some of the protections that are afforded to Retail Clients. Such protections include:

  • The protections available under ASIC’s product intervention measures for CFDs, including leverage restrictions
  • You will not be given a Product Disclosure Statement (PDS) or Financial Services Guide (FSG)
  • The applicable Future of Financial Advice (FoFa) requirements relating to conflicted remuneration do not apply
  • Our external dispute resolution scheme, the Australian Financial Complaints Authority, has discretion to exclude complaints from wholesale clients
  • Please also consider our Pro Guide and Wholesale Disclosure Notice

What if I don't already have an IG trading account?

Before you can get verified for Pro, you will need to first create an IG account and then apply for Pro.

Will my level of client money protection change?

Importantly, as a Pro client, we will continue to segregate your money and assets in the same way as before in accordance with the client money provisions of the Corporations Act 2001 (Cth).

For Pro Level 1 clients, your client money will also be dealt with in accordance with the ASIC Client Money Reporting Rules 2017.

1 Number 1 in Australia by primary relationships, CFDs & FX, Investment Trends December 2019 Leveraged Trading Report
2
Major forex pairs are those that include any two of the following: AUD, USD, GBP, EUR, JPY, CAD, CHF. Minor forex pairs are all pairs not included as a major pair.
3Major indices include: ASX 200, CAC, DAX, DOW, EuroStoxx, FTSE 100, Nasdaq 100, Nikkei, S&P 500. Minor indices are all indices not included as a major.