Under UK MiFID there are three client types:
- Retail Clients
- Professional Clients, which include:
- clients who are professionals by their nature (per se professional clients); and
- clients who can be treated as professionals at their own request (opt‑up or elective professional clients).
- Eligible Counterparties
IBUK does not categorise its clients as eligible counterparties. You will be categorised either as a Retail Client or as a Professional Client.