MIFID II – Important information

Regarding the Markets in Financial Instruments Directive II (EU) 2014/65/EU (‘MIFID II’) and the Commission Delegated Regulation (EU) 2017/565 supplementing MiFID II, which came into effect on 3rd January 2018, we’d like to make you aware of some pertinent details:

Here are a few things which we feel you should know about:

Client Legal Documentation
Client legal documentation has been improved to reflect the new MiFID II provisions. You can download and retain a copy for your records from our website here.

Client Categorisation
Your client categorisation and any applicable regulatory protections will remain unaffected. You may refer to the ‘Client Categorisation Policy’ for further information.

Information contained on our Website
You understand that information contained on our website is not personally addressing you.

Client Communication Recording
All communication with us is recorded and is available on request for five years.

Corporate Clients
You are required to obtain a Legal Entity Identifier (‘LEI’) both for MiFID II transaction reporting and EMIR reporting (for all CFDs). If you do not have an LEI, please obtain one as soon as possible.

If you have any questions about the MIFiD II Directive, please Contact us.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 53.38% 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.