简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Darwinex has announced adjustments to its service offerings in response to regulatory requirements set by Spain’s financial regulator, the Comisión Nacional del Mercado de Valores (CNMV), by halting the provision of Contracts for Difference (CFDs) to new retail clients and residents in Spain.
Darwinex, a significant player in financial markets, has announced adjustments to its service offerings in response to regulatory requirements set by Spains financial regulator, the Comisión Nacional del Mercado de Valores (CNMV). Effective from July 31, 2024, Darwinex will halt the provision of Contracts for Difference (CFDs) to new retail clients and residents in Spain.
This decision follows the CNMVs resolution regarding CFDs, which was introduced last year and mandates strict adjustments in how financial products are marketed and offered to retail investors in Spain. Darwinex emphasized its commitment to compliance with regulatory directives and prioritizing investor protection, particularly for inexperienced traders vulnerable to risks associated with high-leverage financial instruments.
CFDs and foreign exchange (FX) have traditionally formed a significant part of Darwinex's service portfolio. However, the company highlighted challenges in maintaining compliance while effectively safeguarding less-experienced investors from potential financial risks. Consequently, Darwinex has chosen to suspend the availability of these instruments to new clients in Spain going forward.
It's important to note that existing clients with open CFD accounts and those who complete the account opening process before the July 31 deadline will remain unaffected by these changes. Similarly, professional clients of Darwinex will continue to have access to CFD trading as usual. For new retail clients affected by these restrictions, Darwinex is offering alternative investment avenues through DARWIN accounts, which include a diverse range of assets such as stocks, ETFs, and futures.
In recent developments, Darwinex enhanced its service capabilities by integrating with Interactive Brokers, enabling users to trade a wide range of assets globally, including shares, futures, and exchange-traded funds. This strategic initiative followed the launch of Darwinex Zero, a subscription-based trading platform aimed at improving user experience and accessibility across international markets.
Initially recognized for its innovative approach, Darwinex provided retail trading services encompassing margin forex and CFDs across multiple asset classes. Looking ahead, the company remains dedicated to fostering a secure and compliant trading environment while exploring opportunities for growth and expansion in line with evolving regulatory landscapes and investor demands.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Brokers are often classified into two categories: A-book and B-book brokers. Understanding these distinctions can help traders choose the right broker for their trading needs. In this article, we’ll delve into what A-book and B-book brokers are, how they operate, and the key differences between them.
Bangkok, Thailand — Following a grand day-long fintech gala, “The Deeper · The Richer” — WikiEXPO Thailand 2024 has successfully concluded today.
Are you wondering how to make your trade more efficient by using automated trading software? But are you unsure which one is ideal for you? This article will be helpful to you. In this article, we talk about the four-trading software you may use.
Two of the most notorious frauds are the pyramid scheme and the Ponzi scheme. Understanding these differences is essential for avoiding these traps and recognizing the red flags of financial fraud.