How can I apply to become a Professional client?

This guide outlines how to apply for Professional client status with Axi. 

1. Start the Professional client application 

Client Portal: 

• To begin your application for reclassification as a Professional client, please click the “Trade as a Professional” banner on your dashboard.  

2. Confirm eligibility 

• Clients are required to meet at least 2 of the 3 professional criteria: 

  • Sufficient trading experience and activity 

  • A financial instrument portfolio exceeding the required threshold 

  • Relevant professional experience in the financial sector

• Select a minimum of 2 criteria to continue the application. 

Note: By selecting this option, you confirm that you meet these criteria. Verification will take place at a later step. 

3. Review Professional client information 

• The system will then provide you with information on what Professional client status means, including: 

  • Reduced regulatory protections compared to Retail clients 

  • Access to higher leverage levels 

  • Responsibilities associated with Professional client status 

• Confirm your understanding by clicking on “Continue” and ticking both confirmation boxes: 

  • You acknowledge the risks and reduced protections 

  • You confirm that the information you provide is accurate  

4. Upload supporting documents 

• Provide evidence for at least 2 of your selected eligibility criteria. 

• Examples of supporting documents include: 

  • Trading history reports 

  • Portfolio statements 

  • Employment confirmation in financial services 

• Upload documents directly in the application flow. 

• After uploading your documents, click “Submit” to complete your application. 

Note: Only factual documentation is required for verification. Files must not exceed 2 MB and must be in JPG, JPEG, PNG, or PDF format.

5. Submit your application and wait for review 

• Once submitted: 

  • You will be returned to your dashboard. 

  • Your application status will be displayed as “Under Review”. 

  • Our team will review your documents and notify you once the review is complete. 

Once approved, your account will be updated to Professional client status.  

IMPORTANT: After you submit your application, you will no longer be able to edit or make changes to the information or documents provided. The option to resubmit your application will not be available after submission. The “Upgrade to a Non-Retail Client” option will also no longer be displayed in your Profile menu while your application is under review.

6. Changes to your accounts after approval 

 Once your application is approved, your accounts will be affected as follows: 

• Existing Axi trading platform accounts: 
  No changes will be made to your account. Your existing Axi trading account will remain the same and will be upgraded to Professional client status. 

• Existing MT4/MT5 accounts: The process depends on the trading platform:

  • MT5: Your existing retail MT5 account can be upgraded to Professional client status without closing the account.

  • MT4: Your existing retail MT4 account must be closed before a new Professional MT4 account can be opened.

For both MT4 and MT5, any open trades must be closed before the account can be changed. Any available funds in your existing account will be transferred to your new Professional account accordingly.

• New MT4/MT5 accounts: 
  Any new account opened after Professional client approval will be created under Professional client status, provided that the client continues to hold Professional client status and meets any applicable requirements.