Join Wholesale Community with FXCM AU.
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Professional traders can open an FXCM wholesale account. In order to do so, you must meet the relevant criteria under the Corporations Act 2001 (Cth) ("Corporations Act").

If you are able to answer yes to one or more of the following, you may be eligible:

Individual Traders: Wealth Test

  • Net assets of at least AUD $2.5 million and 12 months leveraged trading experience.Gross annual income of AUD
  • Gross annual income of AUD $250,000+ for each of the last two years and 12 months leveraged trading experience.

Sophisticated Investor Test

  • Minimum of 10 trades per quarter in four quarters within the last 12 quarters, totalling AUD $1 million in national volume.
  • Currently working or have worked in a financial industry role for at least one year, requiring knowledge and experience in leveraged trading. New clients will also need to complete a short test.

Applicable to individual traders, not corporate account holders.

I'm Eligible
I'm Not Eligible

If you have any question regarding the criteria or your eligibility, please request a call with an FXCM Representative.

What Protections Will I Forego?

As a Wholesale client, you will forego certain statutory protections afforded to Retail clients including:

  • protections under ASIC Corporations (Product Intervention Order – Contracts for Difference) Instrument 2020/986 including leverage restrictions and negative balance protection (which commenced on 29 March 2021).
  • you may not be eligible to access the dispute resolution services offered by the Australian Financial Complaints Authority ("AFCA")
  • you will not receive a Product Disclosure Statement or Financial Services Guide.

Please read the Client Categorisation Notice as it contains important information regarding the differences in classification and the protections afforded at each level.

M.W.

1 mo ago

Adrianna gave a lot of help of understanding FXCM products by phone and she is a excellent account manager to follow up customer's needs. Although I'm not trading assets with FXCM, her patient and professional services still impressive. I'll try if any chance to work with CFD in the future.

Score: 5/5

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S.K.

1 mo ago

It has been a great experience having FXCM as my broker, especially with Adrianna as my account manager. She is very friendly and knowledgeable in finance, and has provided excellent guidance on using the platform and support with all aspects of trading and FXCM.

Score: 5/5

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G.P.

1 mo ago

FXCM has been a fantastic broker for me — reliable execution, great tools, and competitive spreads. What really stands out is the exceptional support from my account managers, Adrianna and Rai. They're knowledgeable, professional, and always ready to help. Their guidance has made a big difference in my trading journey. Highly recommended!

Score: 5/5

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