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 have experience.

Are you allowed to use the practice mode still, to develop an understanding of crypto trading?

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