No, as a professional client you will not get the same protections afforded to retail clients when trading as Professional client.

• Leverage restrictions applicable to retail clients do not apply to Professional Clients. But remember, with increased leverage comes increased risk.
• 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 standardized risk warnings as you already understand the associated risks.
• We may use more sophisticated language when communicating with Professional Clients. However, we’ll always communicate in a clear, fair and not misleading way.
• You will not have the right to request a different categorization-for example, if you wish to be afforded a higher level of regulatory protection. (ICM do not provide retail client services).
• Financial Ombudsman Service: Access to the Financial Ombudsman Service (the “FOS”) will not extend to all professional clients (only those that meet the FCA handbook definition of a consumer) and may therefore not extend to you. The FOS is an independent service for settling disputes between FCA-regulated firms and eligible complainants. If you are not sure whether you will be entitled to refer your complaint to FOS, we suggest you contact FOS directly.

• Money you hold with ICM Capital will remain in a segregated client bank account, unless we inform you otherwise.
• As an individual you’re eligible for Financial Services Compensation Scheme (FSCS) protection for up to £85,000 that you hold with us, in the event the firm goes out of business.
• If you are trading in a personal (‘consumer’) capacity, you should be eligible to use the Financial Ombudsman Service (FOS). If you are unsure whether its service will apply to you, please 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 will have negative balance protection. Should your account fall into a negative balance, you will be not be obliged to make additional payments – meaning losses cannot exceed deposits.

Yes, ICM has taken it is own decision to provide a negative balance protection to Professional clients. Should your account fall into a negative balance, you will be not be obliged to make additional payments – meaning losses cannot exceed deposits

ICM Capital Limited can only open trading account for professional traders. If you are not eligible for Professional account, unfortunately you cannot open a trading account with us.

You must meet at least two of the following three criteria, in order to qualify for professional account:

• You must have carried out significantly large transactions, on the relevant market, at an average frequency of 10 per quarter over the previous four quarters;
• The size of your financial instrument portfolio, including cash deposits and financial assets, must exceed 500,000 EUR;
• You currently work or have worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services envisaged.