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?
- What is a margin utilisation and how is it calculated?
- Why my square positions are not netted out and removed from the positions list?
- Touch ID login (Android)
- How do I update my contact details?
- What is the MiFID Risk Warning?
- Renew of personal details
- Where can I find my financial reports?
- How can I generate an account statement?
- How do I read the Financial Statement?