Crypto removed from CFD account

[phildawson]

CFDs aren’t allowed by US. That’s all CFDs not specifically crypto.

My point was why not trade actual crypto, as in Bitcoin or altcoins. I use Binance personally (anyone feel free to PM for referral)

Well aware of the FCA rule

FCA bans the sale of crypto-derivatives to retail consumers

T212 will need to announce this and remove access but they have until 6 Jan so no panic just yet. Would be interesting to know how many accounts this affects. What I dont get is how you are meant to transition into being pro to able to continue trading. Are you meant to class yourself as pro taking away your protection and giving access to higher leverage, and then use the practice account until ready? Surely there’s a chicken / egg issue here? No we can’t give you pro status as you don’t ha…

Can we add Cardano crypto asap please?

If they are planning on adding to CFD there’s now a ~50 day deadline. After Jan 6 UK won’t be able to buy Crypto instruments that tracks an underlying asset because the FCA are backward thinking / banks are worried.