Plus500 provides BaFin update

Plus500 notes the announcement by BaFin, the German Federal Financial Supervisory Authority, made yesterday regarding additional payment obligations for CFDs traded by retail clients.

Plus500 welcomes the announcement made by BaFin as all accounts offered by the company have always had balance protection, meaning the client cannot lose more than the value of their account.

The Company therefore believes that any limitations imposed by BaFin in this respect will have no effect on its business.

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