Important Update: Changes to Our Tradeable Asset List

important update changes to our tradeable asset list

We’re making some changes to our tradeable assets. As of February 5, 2024, UK shares CFDs will no longer be available on our platform. This article outlines everything you need to know about this update, how it impacts you, and the steps you should take if you’re currently trading CFDs on UK shares.

What’s changing: removal of CFDs on UK shares 

As part of our commitment to give you the best trading experience, we periodically review and update our asset list. After careful consideration, we’ve decided to remove CFDs on UK shares from our trading list. This change will help us align our offerings with market conditions and our strategic goals. It will be effective from February 5, 2024.

The impact on your trading

We understand this change might affect your trading strategy. Here’s what you need to know:

  • For most clients: As you’re not actively trading UK shares, this is just a heads-up. 
  • For active traders of UK shares: If you are currently trading CFDs on UK shares, please be aware of the upcoming changes and plan your trading activities accordingly.

Key dates and your actions

Mark your calendar with these important dates.

By February 2, 2024

  • We encourage you to review your open positions and make any necessary adjustments ahead of this change.

During the weekend of February 3 and 4, 2024:

  • Our Trading Room will review all accounts with open positions on CFDs of UK shares.
  • All open positions on CFDs of UK shares will be closed at the last available price of the trading session on February 2, 2024.
  • CFDs on UK shares will be removed from the list of tradeable instruments in MT4.

Starting February 5, 2024

  • CFDs on UK shares will no longer be available for trading.
  • The instruments will not appear in your MT4 account.

Recommended actions

  • If you trade CFDs on UK shares: It’s important to avoid opening new positions close to the removal date.
  • If you have open positions: Consider closing your positions within the notice period to manage your trades on your terms.
  • If you have open positions on February 2, 2024: Be aware that we will close any remaining open positions on CFDs on UK shares in your account.

We’re here to help make this change smooth and easy. If you’ve got questions or need a hand, reach out anytime. Our team is ready to assist.

FXGlobe

We’re here to help you on your trading journey. FXGlobe started out as a group of friends with a passion for trading. They’d get together a few evenings a week and share information, hoping to improve their results.

Trading Advice Disclaimer:
Our Ambassador’s Daily Picks are not trading advice. These are informational articles covering the events which happened in the market already & scheduled events which are scheduled to happen in the Economic & Earnings Calendar.

General Risk Warning:
Trading leveraged products such as Forex and CFDs carries a high level of risk thus may not be appropriate and/or suitable for all investors. The investment value can both increase and/or decrease and the investors may lose all their invested capital. The content of this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. Under no circumstances shall the Company or affiliated Companies have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to leveraged products.

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