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You can opt-in to be classified as a Professional trader subject to review and approval using our quick and easy application form.

If you’re able to answer yes to one of the following, you may be eligible:

  You have net assets of A$2.5 million, OR

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

When calculating your net assets remember to include the following: Your home, other properties/land, superannuation, trusts, shares, other investments, savings, value of business, car/boat/other vehicle

I confirm that I:

a)   know and understand the consequences of consenting to being treated by you as a professional client

b)   consent to being treated by you as a wholesale client; and

c)   know that I may at any time withdraw my consent upon which you will cease to treat me as a professional client from the day that I informed you that I was withdrawing my consent.

In completing, signing and returning this form to you, I represent and warrant that the information and confirmations I have provided in this form, and any other documentation that I provide to you, are complete, true and accurate. If there is any change in circumstances relating to my (i)net personal or financial asset holdings or income that may affect any of my declarations and representations set out above or (ii) status as a wholesale client under Australian law such that I cease to be a wholesale client at any time, I undertake to inform you in writing within working days of such change in circumstances. If such changes cannot be rectified, I acknowledge and accept that you have full discretion to decide to refrain from treating me as a wholesale client whereupon I will revert to retail client status (with the corresponding margin rates).

   I confirm I wish to be treated as a wholesale client as defined in chapter 7 of the Corporations Act (Cth) 2001. I acknowledge and accept that, having opted in to the wholesale client status, this treatment will apply to all my transactions with City Index if you determined that I qualify as a wholesale client.

Wholesale clients are assumed to be better informed, and better able to access resources to protect their own interests, and therefore require less regulatory protection. Investors who agree to be treated as wholesale clients therefore forgo the benefit of certain regulatory safeguards. For example, wholesale clients do not receive a Product Disclosure Statement detailing the products provided. Investors should consult a professional adviser if they do not understand any consequence of being treated as a wholesale client.

We would require a certificate from a qualified accountant, certifying your eligibility to apply for a wholesale client status as per selection made on this form. We will contact you with more details if your application is successful.