It is a client who is neither a Professional Client nor an Eligible Counterparty.
As a matter of policy, Atonline Limited does not serve retail clients.
Firms which are treated automatically as Eligible Counterparties include:
Under MiFID, Professional Clients and Retail Clients may move between categories. In particular, Retail Clients can request to be treated as Professional Clients.
Under MiFID, Investment Firms must take reasonable care to ensure that a Retail Client requesting treatment as a Professional Client is able to meet similar qualitative criteria and, a separate quantitative test. At least two of the following quantitative criteria must be met:
Clients have the right to request a different classification in order to benefit from a higher degree of regulatory protection should they require it. Please bear in mind that it is Atonline Limited’s policy to refrain from serving retail clients.
The EU General Data Protection Regulation ("GDPR") came into force on May 25, 2018. Atonline Limited is dedicated to protecting the personal data and has updated its Data Protection Policy in line with the new requirements. In case you have any inquiries regarding this policy please contact us at email@example.com