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FTMO
Professional
Trader

Become professional trader

Learn about the requirements and conditions for becoming a professional trader under the Corporations Act 2001 (Cth) and the ASIC licence. Open the door to the more opportunities as a professional trader to start trading with 1:100 leverage.

Eligibility Criteria

To qualify as a Professional Trader, the Client must meet one of the following sets of criteria for the Wealth Test or the Sophisticated Investor Test:

Option 1

Wealth Test

Both a) and b) criteria are required

  • A) The Client has at least AUD$2.5 million in total assets.
    OR
    The Client has a gross income of AUD$250,000 or more for each of the last two financial years.

    For these purposes, the client has to provide FTMO with an accountant certificate certifying fulfilment of the above stated financial information – please see the attachment.

    The certificate cannot be older than two years. Subsequently, the accountant certificate has to be refreshed every 2 years in order to keep the wholesale client status.

    AND

  • B) The Client is not trading in connection with a business (i.e. only natural persons/individuals can apply for the wholesale client status).

Option 2

Sophisticated Investor Test

Both criteria under letters a) and b) have to be fulfilled

  • A) Previous Experience in using financial services and investing in financial products that allows the Client to assess:

    • the merits of the FTMO Account;
    • the value of the FTMO Account;
    • the risks associated with the FTMO Account;
    • the Client’s own information needs; and
    • the adequacy of the information given by FTMO.

    For evidencing this, the client has to provide evidence of fulfilling at least 2 of the 3 criteria below:

    1. Executed at least 20 leveraged FX or CFD trades per quarter over four quarters in the last two years, with each trade having a notional value of at least AUD$50,000.
    2. Worked in a professional position in the financial sector for at least one year, requiring knowledge of leveraged trading (FX or CFDs).
    3. Successfully passed the FTMO Challenge and Verification in the past. Please note that whether the client passed “successfully” is subject to internal assessment by FTMO Australia.
  • B) The Client is not trading in connection with a business (i.e. only natural persons/individuals can apply for the wholesale client status).

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Operated by:
VRGK Tech Pty Ltd. (trading as FTMO Australia)
Three International Towers Level 24
300 Barangaroo Avenue
Sydney, NSW, 2000
Australia

ACN 640 619 521
AFSL 525757
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General Disclaimer: The FTMO Platform is an online demo trading platform offered by VRGK Tech Pty Ltd (trading as FTMO Australia) ACN 640 619 521 AFSL 525757. 
The FTMO Platform is an educational and training tool related to trading on financial markets. No content on the platform should be considered as financial advice, or a recommendation for the purchase or sale of any financial products. All information and data on the website are for reference only and doesn’t take into account your personal objectives, financial circumstances, or needs. We encourage you to seek independent advice if necessary. The services offered by FTMO Australia are intended for Australian residents only.

CFD Risk Disclaimer: CFDs are a leveraged product and trading in them is risky. You don’t own or have rights in the underlying assets. Trading CFDs are not suitable for everyone. Please consider our PDS, FSG, Account Agreement and our Terms and Conditions available on this website before using our services. You should also consider whether you’re part of our target market for the FTMO Account by reviewing our TMD. Past performance is no indication of future performance and tax laws are subject to change.
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