# Professional Accounts

**URL:** <https://community.trading212.com/t/professional-accounts/28087>\
**Category:** 💬 Trading 212 chat\
**Created:** [November 24, 2020, 6:01pm UTC](https://community.trading212.com/t/professional-accounts/28087 "2020-11-24T18:01:59Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![Supraman](https://avatars.discourse-cdn.com/v4/letter/s/c68b51/32.png) [@Supraman](https://community.trading212.com/u/Supraman)\
**Post date:** [November 24, 2020, 6:01pm UTC](https://community.trading212.com/t/professional-accounts/28087/1 "2020-11-24T18:01:59Z")

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I read in another topic that Professional Accounts will be unaffected by the FCA ban on cryptocurrency CFDs and ETNs. However, I can’t find much information about the implications of clicking on “Upgrade to Pro”.

I therefore have the following questions:

- Is it true that Professional Accounts will still be able to create cryptocurrency CFD positions after 06/01/2021 (or even 01/12/2020).
- What are the “bonuses” described in the “Upgrade to Pro” screen?
- I’m not particularly interested in the higher leverage and the greater risk that it brings. Do you have to use the highest level of leverage in a Professional Account or can you choose to reduce it to the levels of a Retail Account or perhaps somewhere in the middle?
- Does the upgrade have any impact on open positions in a CFD Retail Account?
- Is it possible to create a completely new Professional Account (perhaps using an alternative email address if necessary) and retain the original Retail Account?

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**Author:** ![David](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/david/32/39_2.png) [@David](https://community.trading212.com/u/David)\
**Post date:** [November 25, 2020, 1:27pm UTC](https://community.trading212.com/t/professional-accounts/28087/2 "2020-11-25T13:27:24Z")

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@Supraman

1. We will not allow even professional clients to trade cryptocurrencies after 06/01/2021. They’ll be suspended altogether.
2. The leverage is set & cannot be changed. If you wish to reduce the exposure, you can use smaller quantities to reduce the risk. 1 quantity of TSLA with 1:2 leverage is the exact same exposure as 1 quantity of TSLA with 1:2000 leverage.
3. It does have an impact on open positions. They’ll require less margin which means one will have more free funds to utilize.
4. Nope.

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**Author:** ![Supraman](https://avatars.discourse-cdn.com/v4/letter/s/c68b51/32.png) [@Supraman](https://community.trading212.com/u/Supraman)\
**Post date:** [November 25, 2020, 2:33pm UTC](https://community.trading212.com/t/professional-accounts/28087/3 "2020-11-25T14:33:10Z")

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Thanks for the informative reply @David! It’s very helpful.

What are the “bonuses” available with a Professional Account?

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**Author:** ![ABtrade](https://avatars.discourse-cdn.com/v4/letter/a/c57346/32.png) [@ABtrade](https://community.trading212.com/u/ABtrade)\
**Post date:** [February 16, 2021, 1:06pm UTC](https://community.trading212.com/t/professional-accounts/28087/4 "2021-02-16T13:06:57Z")

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Hi

Can you open crypto for professional clients please.

Thanks