By 1 April 2019, the CEX.IO BROKER trading platform will welcome its first users. As this event approaches, we would like to inform you that starting 11 March 2019, we will disable opening new positions using CEX.IO margin trading.
What will happen to my positions?
For a short period of time, already opened positions will stay on the market. If you have recently opened a position that has not been closed yet, you will have a chance to close it on your own at the moment you consider most appropriate. Please keep in mind that the positions that will remain open on 1 April 2019 when margin trading will be disabled, will be closed automatically.
Why restrict opening new positions?
Margin trading has been a valuable service offered by CEX.IO for a long time. It has allowed customers from most regions to trade using leverage and potentially gain more benefits from trading. Now, we are working on new products and putting more effort into improvement.
What will be available instead?
We are planning to launch the CEX.IO BROKER platform by 1 April 2019. The CEX.IO BROKER platform combines the best features from margin trading, CFD trading, forex trading, and other multi-asset trading services to bring you even better cryptocurrency trading.
If you are from one of the countries that will be covered, you will be able to enjoy:
- a professional, user-friendly trading interface with a variety of tools
- access to Demo and Live accounts to either practice trading or trade for real
- optimum trading functionality depending on the market and jurisdiction
- 1:2, 1:3, 1:5, and 1:10 leverages depending on your place of residence.
The beta version of the platform will be available by 1 April 2019. It will have even more features, and shortly you will get a chance to try all of them for yourself. We hope you will enjoy the new opportunity.
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