Company news / Important Cryptocurrency CFD Update

Important Cryptocurrency CFD Update

The FXOpen 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

Change of Trading Hours for France 40 Index Trading Hours Schedule for the US Labour Day Trading Hours Schedule for the UK Summer Bank Holiday FXOpen Unveils Refreshed Client Portal to Enhance User Experience Changes in Trading Hours for the US Independence Day

Related articles

Company news

Change of Trading Hours for France 40 Index

Dear Traders,
Please find our updated trading schedule on Friday, 6th September, and Monday, 9th September, 2024 (all times are GMT+3):

Friday, September 6

Indices CFD:

  • #FCHI (France 40) - trading until 19:30.

Monday, September 9

Indices CFD:

Company news

Trading Hours Schedule for the US Labour Day

Dear Traders,

Due to the Labour Day in the US on 2nd September, you will experience the following changes in the trading hours schedule (all times are GMT+3):

Monday, September 2

Commodities CFD:

  • XAUUSD: trading until 21:30;
  • XAGUSD:
Company news

Trading Hours Schedule for the UK Summer Bank Holiday

Dear Traders,

Due to the Summer Bank Holiday in the UK on 26th August, you will experience the following changes in the trading hours schedule (all times are GMT+3):

Indices: UK100 (#UK100)

  • Friday, 23rd August: trading until 23:00;
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.