European Brokerage · glossary
An ordinary client investing their own money, in the category MiFID II protects most. Every Thalvia client starts as retail. The protections include the appropriateness test, best execution on price and costs, alerts on the leveraged notes and the compensation fund. Clause 2, “Retail Client” · Chapter 3 · see Professional client
Explained in Chapter 3, Client Categories: Retail by Default, Professional on Request, of European Brokerage.
MiFID II, the EU law on investment services, sorts clients into categories. A retail client is an ordinary person investing their own money, and gets the most protection. A professional client, such as a bank, is expected to look after itself, so it gets less.Read Chapter 3, Client Categories: Retail by Default, Professional on Request →
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means a client who is not a professional client or an eligible counterparty under MiFID II; andRead the definition in the document →
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