These measures only apply to retail clients, so those clients who are categorised as Wholesale and trade through a Pro account will not be impacted.
Clients can choose to elect to be categorised as a wholesale client if they meet the legal requirements. The Corporations Act 2001 allows clients with sufficient Experience or Wealth to qualify as a wholesale client.
More information can be found at: https://www.ig.com/au/professional
The benefits of an IG Pro Account can include lower margins and cash rebates. But, it’s important to note that as a wholesale client, you may not be afforded the same protections under the Corporations Act 2001 as what you would have had as a retail client. Such protections include (but are not limited to) the issuing of a Product Disclosure Statement (PDS), and the ability for AFCA (IG’s external dispute resolution body) to refuse to consider complaints from wholesale clients.