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Company Information:
VestoFX is the trade name of EVBX LTD (ex Vstar & Soho Markets Limited) which is registered as a Cyprus Investment Firm (CIF) and licensed by the Cyprus Securities and Exchange Commission (CySEC) under licence number 409/22.
RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
EVBX LTD applies strict measures in line with anti-spam regulations by avoiding unsolicited advertising. Please read our Privacy Policy document.
EVBX LTD provides services to residents of the European Economic Area (excluding Belgium), India, Indonesia, Malaysia, Philippines and Vietnam.
Become a Professional Client
As part of regulatory changes in the European Union, the European Securities and Markets Authority (ESMA) has implemented new measures that affect retail clients trading Contracts for Difference (CFDs). These updates, which went into effect on August 1st, 2018, introduce restrictions on leverage, margin close-out requirements, and certain trading perks.
With Professional Client status, traders can access specialized benefits beyond standard account features.
What You Get as a Professional Client
Choosing Professional Client status provides access to unique features designed to enhance your trading experience:
New Stop Out Level for Retail Traders
The European Securities and Markets Authority (ESMA) has introduced new measures for CFD trading, effective from August 1st, 2018. One of the key changes is the increase of the stop out level to 50%.
What Does This Mean?
Traders with margin levels between 20-50% are at higher risk of reaching the stop out level. For example, if a trader’s margin level is 40%, and the stop out level is raised to 50%, their position will be automatically closed.
Example:
Account leverage: 1:50
Required margin: 2,450 USD
Margin level: 40%
With the stop out raised to 50%, the position will be closed.
This change aims to improve risk management and better protect traders from excessive losses. Keep an eye on your margin levels to avoid automatic closures!
To become a professional trader, you need to meet at least two out of the following three criteria: first, you must have executed an average of 10 significant transactions per quarter over the past year, either with EVBX LTD and/or other providers. Secondly, you should have at least one year of experience in a professional financial role that involves knowledge of CFDs. Lastly, your financial status should include a portfolio of at least EUR 500,000, which can consist of cash deposits, financial instruments, and accrued profits from investments, but excluding property or traditional commodities. Once you meet these requirements, you can apply for professional client status at any time and even revert back to retail client status if you wish.
You can read more about the product intervention measures of ESMA here and at our Client Categorization Policy here.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Like all investment opportunities, trading Forex and CFD involves risk of loss. Here at Vestofx, we provide you with access to an education centre, risk-management tools and a customer support team.
