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Elective Professional Client 

Given you have classified yourself as an Individual Investor, prior to reviewing your registration to the Argonaut website we require confirmation that you wish to be classified as an Elective Professional Client as defined by the Financial Conduct Authority (FCA).

Definition of an Elective Professional Client

At least two of the following criteria must be satisfied:

  • you have carried out transactions, in significant size, on the relevant market at an average frequency of 10 per quarter over the previous four quarters;
  • the size of your financial instrument portfolio, defined as including cash deposits and financial instruments, exceeds EUR 500,000;
  • you work or have worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services envisaged.

Please note that by choosing to be classified as an Elective Professional Client you risk losing your consumer protections and investor compensation rights.

Should you wish to proceed – and be classified as an Elective Professional Client – we require you to acknowledge the following statements:

* all fields are required