Homepage > News > RoboMarkets finishes handling CFDs on Cryptocurrencies

RoboMarkets finishes handling CFDs on Cryptocurrencies

RoboMarkets has informed its clients that Cryptocurrency CFDs will be discontinued soon. In a message sent by e-mail to users, the company indicates that its decision is dictated by the official positions of regulators of the European and British markets.

According to RoboMarkets, the high level of risk associated with this type of financial instruments and the lack of appropriate regulations make handling CFDs on cryptocurrencies extremely difficult. The broker emphasizes that by withdrawing this product from the offer, he wants to protect his clients’ funds against unexpected losses that exceed the amount of the deposit.

RoboMarkets announces that on March 24, 2021 all open positions in BTC / USD, BTC / EUR, XRP / USD, DSH / USD, LTC / USD, LTC / BTC, ETH / USD, ETH / BTC, ETH / EUR and EOS pairs / USD on MetaTrader 4, MetaTrader 5 and R Trader will be closed at current market prices.

Author: Izabela Kamionka

Are you a trader?

Help others and rate your broker! Use the search engine or find your broker on the list.

exante baner

Last news:

german economy

German Business Climate Dips, Indicating Looming Extended Recession

A successive drop in German business morale in June indicates an impending lengthier recession for ...
ropa naftowa

Nigeria’s Oil Market Faces Crisis as Half of Output Goes Unpurchased

The Nigerian oil market is currently facing a significant surplus, with nearly half of next ...
Week for Wall Street

Stock Futures Fall, Investors Eye Powell’s Testimony

Stock futures are indicating a downtrend ahead of the Federal Reserve Chair, Jerome Powell's second ...

Euro Maintains Position Despite Russia’s Drastic Reduction in Use – ECB Report

Despite Russia's significant reduction in its use, the Euro stood its ground as the world's ...

Add a comment

Your email address will not be published. Required fields are marked *


Note: Opinions and posts on ForexRev.com represent personal opinions and views of their respective authors and should not be interpreted as recommendations to purchase or sell securities. ForexRev.org assumes no responsibility or liability for such content.
Go to top