Due to the Packaged Retail and Insurance-based Investment Products (PRIIPs) regulation that came into effect on 1. January 2018, financial product “manufacturers” are required to produce Key Information Documents (KIDs) for each product they produce describing the key features of the product across risk, rewards and costs.
For a number of instruments, the manufacturer/issuer may have chosen not to issue a KID. The effect is that Saxo will no longer be in a position to facilitate trading to retail clients. (See also: Retail or Professional? How do I check my classification status?)
Elective professionals have access to the full range of ETF instruments, while retail clients have access to a limited amount of ETFs based on the Key Information Documents (“KID”) available in your country of residence. You can read more about the criteria, pros and cons and how to recategorize your account here.
The message "Exposure cannot be increased due to instrument configuration" will appear, if you place an order for the mentioned instruments:
You can check if an instrument has the required KIDs in the trading conditions under Trading rates > Key Information Document.