As an EU-based broker MiFID regulations require us to classify you as a Professional trader so that you can trade US-based ETFs. To do that certain qualitative and quantitative requirements must be met.
The qualitative ones are based on your expertise, experience, and knowledge. They ensure that you understand the risks involved and are in a position to make your own investment decisions.
Additionally, you must satisfy at least two of the quantitative requirements below:
If you believe you fulfill those requirements, you can apply to be classified as a professional trader using the application form and by providing documentary proof of the above at support@alaricsecurities.com Once your application is approved you will be notified by email and we will grant you the right to trade US-based ETFs.
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