What is the Appropriateness Test and how can I retake it?
As a retail client, you may take or retake the Appropriateness Test to allow us to evaluate which products are appropriate for you. This is especially required for trading more of the complex products via the platform such as Contract Options. If the outcome of this assessment is that a complex product is inappropriate for you to invest in, you will be classified as Retail for the given instrument(s) and warned about the risks implied in investing in accordance with the MiFID II-directive.
To retake the appropriateness test, log into your Saxo account:
SaxoTraderGO: Navigate to Account > Other > MiFID Status > Appropriateness Test
SaxoTraderPRO: Navigate to ADD MODULE> Other > MiFID Status > Appropriateness Test
SaxoInvestor (only available in Denmark, France, Hong Kong and Singapore): Navigate to the Settings icon > MiFID Status > Appropriateness Test