In order to comply with the Rulebook of the Dubai Financial Services Authority (DFSA), Bambucorn is required to classify all Clients on the Platform into one of two different categories: Professional or Retail. Retail Clients will be allowed to invest up to USD 50,000 in a calendar year on our platform. In order to be classified as a Professional Client you may be required to provide documentary evidence. Even if you do satisfy the criteria to become a Professional Client, you may choose to be classified as a Retail Client. A higher level of protection may be offered to Retail Clients. You are a Professional Client if you satisfy any one of the following criteria:
Documents Required:
A letter by a regulated financial institution, lawyer or a certified accountant certifying that your individual/joint net worth is above USD 1 million excluding your primary residence, and either of the following two:
Documents Required:
Documents Required:
Documents Required:
Documents Required:
Documents Required:
Documents Required:
Documents Required:
Documents Required:
Documents Required:
Please note that any person meeting any of the criteria above has the right to be classified as a Retail Client, despite meeting the criteria to be classified as a Professional Client.