Note:
If a retail client failed the retail quiz we may be able to reassess their suitability for pro-status after 1 year.
To qualify under the Sophisticated Investor Test, applicants must:
- Successfully pass the pro quiz, confirming their knowledge.
- Submit evidence of eligibility, such as trading statements or relevant work experience, validating their experience.
Process:
When our inbox is notified that a client has passed the pro quiz and filled out the acknowledgment form, do not automatically upgrade their account from retail to Pro.
Instead, reach out to the client with a request for the necessary evidence using the email template below.
Once you've received the evidence and the client's response, please forward it to Ops and CC DJ for review.
Subject: Trading with Fusion Markets Like a Pro
Body:
Dear (client name),
Thank you for choosing Fusion Markets as your trusted trading partner.
We have received your application for our Pro trading account. To finalize your registration, we will need some additional details to confirm your eligibility:
If you qualify via trading experience, please provide:
Trading statements showcasing that you have executed at least:
- 20 trades per quarter; and
- Notional volume of $1,000,000 AUD per quarter
In 4 quarters within the last 2 years. This can be demonstrated from your Fusion Markets account, another provider, or a combination of both.
If you qualify via relevant work experience, please provide:
- Employer name:
- Position Held:
- Employment Period:
- Description of job responsibilities (i.e., how they relate to leverage trading CFDs).
- Your most recent payslip
- Any other relevant documentation.
We will promptly review your application once the requested documents have been received. Should you have further concerns, please don't hesitate to reach out 24 hours a day. We're just an email, live chat, or phone call away.