The appropriateness test is a regulatory requirement which aims to increase investor protection in the non-advised market. Where it applies, it requires an investment firm to seek information from a client or potential client to enable the firm to determine whether the client has the knowledge and experience, to the extent appropriate to the nature of the client, service and product, to understand the risks involved in the transaction or service that is envisaged.
Alpari UK shall ask the client to provide information regarding their "knowledge and experience" in the investment field relevant to Forex & CFD Trading so as to enable us to assess whether the Investment Service is "appropriate" for the client.
When assessing whether Forex & CFD trading, is appropriate for a client, Alpari UK will use the information provided by the client during the application process, which will include:
In case Alpari UK considers, on the basis of the information received, that the service is “inappropriate” to the client, Alpari UK will provide the client with an additional warning. The client can continue at his or her own discretion following receipt of this
