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 take or retake the appropriateness test, log into your Saxo account, go to the Account section > Other > MiFID Status > Appropriateness Test
Articles in this section
- What is the account value shield?
- Where can I find my financial reports?
- What happened with the account in case of client death ?
- What is Initial and Maintenance margin?
- Why could there potentially be a conflict between Absolute Return and Return in Percentage?
- How can I monitor my FX Exposures by currency?
- How do I submit documents to Saxo?
- Margin utilization spike around Option Expiry?
- Saxo Morning Call
- How do I read the Account details?