Darwinex is taking measures regarding CFD trading for new Spanish clients and/or residents in Spain starting from 31st July 2024.
The Comisión Nacional del Mercado de Valores (CNMV) published a resolution with intervention measures in CFDs in July 2023. Since a large part of Darwinex’s business is based on CFDs and FX, and Darwinex cannot prevent its branding and distribution from reaching Spanish retail clients without knowledge or experience in these instruments, it is forced to stop offering both instruments.
This means that Darwinex will stop offering CFDs to new retail Spanish clients and/or residents in Spain, both traders and investors, from 31st July 2024.
It is important to note that this measure does not affect you if you meet any of these conditions:
- You currently have a real CFD account with Darwinex, either as a Trader or as an Investor in DARWINs.
- You have completed the real account opening process before 31st July 2024.
- You are categorised as a professional client with Darwinex.
Darwinex says:
“Although this decision has been difficult, we firmly believe it is the only possible solution to scrupulously comply with the CNMV’s resolution”.
