The post said:
On 6 January we restricted UK retail clients from increasing their exposure to cryptocurrencies, in accordance with the ban imposed by the Financial Conduct Authority (FCA) on the sale of crypto derivatives. We have now reached our internal product limit for exposure to cryptocurrencies, and as a result will be removing cryptocurrencies from our offering to UK retail clients. Ahead of this, we will also be increasing margin requirements.
IG Group recently issued a trading update regarding Brexit for its EEA clients asking them to transfer their accounts to IG Europe.
Later in January, the broker proposed a $1 billion acquisition of a high growth US online brokerage and trading education platform tastytrade.
