The appropriateness test is a regulatory requirement under MiFID II. It ensures that retail clients have the necessary knowledge and experience to understand the risks associated with trading complex financial products like dated futures. At One Trading, we take risk management seriously — especially when it comes to complex products like these. That's why, before gaining access, eligible retail clients must complete an appropriateness test.
What is it?
The appropriateness test is a short online assessment designed to evaluate whether you have the knowledge and experience needed to trade futures responsibly.
It includes questions about:
- General trading concepts
- Leverage and margin
- Derivatives and how they work
- Risks associated with crypto and futures trading
- Example scenarios and decision-making
How long does it take?
The test takes about 10 - 15 minutes to complete.
Why do I need to take it?
Futures are a high-risk product. The test helps ensure that traders:
- Understand the risks involved
- Know how these products work
- Can make informed trading decisions
This is part of our regulatory obligation under MiFID II and part of our commitment to ensure clients understand the risks associated with trading our products.
What happens if I pass?
You’ll immediately be granted access to trade dated futures on our platform.
What happens if I fail?
You’ll have up to 3 attempts, and if you fail all of them, you’ll need to wait 2 months before trying again.
Investing involves risks. The value of investments can go up as well as down and you may receive back less than your original investment or lose your entire investment. Investing with leverage means the value of your investment fluctuates more than the price of the underlying asset. One Trading does not provide investment advice and investors should make their own decisions or seek independent advice.