Company news / Important Cryptocurrency CFD Update

Important Cryptocurrency CFD Update

The FXOpen UK Team

We would like to inform you of some important updates to our product offering.

Following the decision by the Financial Conduct Authority (FCA) to prohibit retail clients from trading cryptocurrency CFDs, we regret to inform you as of 5th January 2021, you will be unable to open any new cryptocurrency CFD orders or positions.

All positions in cryptocurrency CFDs will need to be closed before 5th January. Any remaining open positions that are not closed by 12:00pm GMT on 5th January will be force-closed at the market price on this date.

These changes only apply to the trading account(s) you have with us at FXOpen UK (www.fxopen.co.uk); the FCA regulated business, and not to any other trading accounts you may hold with our other FXOpen Group companies.

Professional clients are exempt from this change.

All other asset classes are unaffected, and we continue to offer a wide range of FX, indices, commodities and share CFDs.

If you have any questions, please don't hesitate to contact our Customer Support team.

Latest from Company news

Trading hours schedule for ANZAC Day Trading hours schedule for Ching Ming Festival Easter 2024: Changes to Trading Hours FXOpen to Switch to Daylight Saving Time on March 10th Trading hours schedule for the US Presidents' Day

Related articles

Company news

Trading hours schedule for ANZAC Day

Dear Traders,

Please note that due to ANZAC Day on 25 April, 2024, trading hours will be changed as follows (all times are GMT+3):

Australia 200 (#AUS200):

  • Wednesday, April 24: trading till 23:00;
  • Thursday, April 25: trading starts
Company news

Trading hours schedule for Ching Ming Festival

Dear Traders,

Please be aware of trading schedule changes for the Ching Ming Festival period on April 4 — 6 (all times are GMT+3):

#HSI (Hong Kong 50)

  • Wednesday, April 3: trading till 22:00;
  • Thursday, April 4: trading closed;
Company news

Easter 2024: Changes to Trading Hours

Dear Traders,

Please note that for the Easter holidays, trading hours for some financial markets will be changed as follows (all times are GMT+3):

Thursday, March 28

Indices CFD:

  • #AUS200: trading till 16:00;
  • #HSI: trading till 22:00.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.