1. 1.

   Ensure you have a verified Kraken account.
2. 2.

   Meet one of the criteria set out in the Wholesale Qualification Criteria section below.
3. 3.

   Complete our Wholesale Qualification form via web.

Wholesale Client Category: High Net Worth Individual or Controlled Entity

Applies to both Corporate and Individual clients.

• •

  Your net assets are at least 2.5 million AUD
• •

  Your gross annual income for each of the last 2 financial years was at least 250,000 AUD
  

• •

  The net assets of the Controlling Individual are at least 2.5 million AUD
• •

  The gross annual income of the Controlling Individual for each of the last 2 financial years was at least 250,000 AUD.

Supporting Documents Required:

• •

  Copy of a certificate issued by a qualified accountant* (including ABN) within the preceding 2 years confirming that you meet at least one of the listed criteria.

  *Qualified Accountant as defined by s88B of Corps Act (member of a specified professional body)

Wholesale Client Category: Professional Investor

Applies to both Corporate and Individual clients.

• •

  You are the trustee of a superannuation fund with net assets of at least 10 million AUD;
• •

  You have or control gross assets of at least 10 million AUD (including any assets held by an associate or under a trust that the person manages);
• •

  Entity with an appropriate license (AFSL);
• •

  Entity that is publicly listed or a related body; corporate of a listed entity;
• •

  Entity that is a body regulated by APRA;
• •

  Person that is a registered entity within the meaning of the Financial Sector (Collection of Data) Act 2001;
• •

  You are an exempt public authority;
• •

  Entity that is an investment business and raises funds for investment purposes from the public under an AFSL;
• •

  Person that is a foreign entity that, if established or incorporated in Australia, would be covered by one of the preceding paragraphs.

Supporting Documents Required:

• •

  Supporting evidence of at least one of the listed criteria selected.

Wholesale Client Category: Large Corporate

Applies to Corporate clients only.

• •

  100 or more people if the business is or includes the manufacture of goods; or
• •

  otherwise, 20 or more people.

Supporting Documents Required:

• •

  Statement executed by the directors of the business to confirm the number of employees employed by the business.

Wholesale Client Category: Related Body Corporate

Applies to Corporate clients only.

Supporting Documents Required:

• •

  A signed chart that outlines the organizational structure.