Announcements

30/12/20

Important: Prohibition of CFDs on Crypto Derivatives

Please be informed that based on recent regulatory changes, the Company will cease offering crypto-derivatives CFDs to all retail clients from 6th of January 2021.

What happens now?

Existing positions on the abovementioned instruments can remain invested following the prohibition, until the client chooses to close his / her positions.

In the meantime, you will be able to open cryptocurrency transactions with us until January 5, 2021. After this date, you will only have the option to close any existing positions on cryptos CFDs.

We remain at your disposal for any further information and/or clarifications.

31/12/20

Temporary Permissions Regime

We are writing to you to inform you of the consequences of Brexit on our business relationship.  As you are probably aware, as a result of Brexit, the UK left the EU on the 31st of January 2020 and entered into a ‘transition period’, during which EU law and the MiFID pass-porting regime continued to apply in the UK, allowing us to provide the services for which we are authorized to from the Cyprus Securities and Exchange Commission (CySEC) in the UK.  On December 31st, however, the ‘transition period’ will expire and from the 1st of January 2021 onwards, we will be offering our services to clients residing in the UK under the ‘Temporary Permissions Regime’ established by the Financial Conduct Authority (FCA).

The ‘Temporary Permissions Regime (TPR) will enable us to continue operating in the UK within the scope of our current CySEC permissions for a period of time after the end of the ‘transition period’.  Under the TPR, the Company is deemed authorised and regulated by the Financial Conduct Authority. The nature and extent of consumer protections may differ from those for firms based in the UK. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website.

We trust that the above-mentioned information will be useful to you.  We will keep you informed regarding any further developments in this matter.  Should you have any questions, please do not hesitate to contact our Customer Support Department at [email protected].

1/3/21

Changes regarding leverage

Please note that as of Monday 1st March, leverage on all PlusMarkets cryptocurrency symbols will be set to 1:2.

Click the link below to visit ourAsset Indexfor more information about these changes.

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31/3/21

Swaps Update

Please be informed that the Plusmarkets.eu swaps for the assets listed below have been updated.

Indices Commodities
S&P500 – Date COFFEE – Date
FTS100 – Date WHEAT – Date
DAX30 – Date PA – Date
SMI20 – Date COCOA – Date
IT40 – Date BRENT – Date
AEX25 – Date XAGUSD
ASX – Date XAUUSD
NIKKEI – Date
DJ30 – Date
NASDAQ – Date

 

Further information about these changes can be found on our Contract Specification Document or by speaking directly to a member of our Client Care team.

29/04/21

CFDs on PayPal & MicroStrategy Inc.

As part of our ongoing commitment to providing the most complete trading environment to all our clients, Plusmarkets is pleased to announce the addition of two new instruments to our growing portfolio of tradable assets:
PayPal Holdings Inc
MicroStrategy
For more detailed information, please refer to the Plusmarkets Contract Specification Document and/or Asset Index.

The Company does not offer crypto-derivatives to UK retail clients

Risk disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.26% 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. Please read our Risk Disclosure for more details.

Regional Restrictions: For more information on where the Company provides its services, click here

Risk disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.26% 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.