Order Rejected ?

[zappa_69]

Please can someone help with explaining why my orders are being rejected?

Bitwise Bitcoin ETF.       I also get the same error when trying to order PureFunds ISE Cyber Security ETF?

 

 

[KoketsoIG]

3 hours ago, zappa_69 said:

Please can someone help with explaining why my orders are being rejected?

Bitwise Bitcoin ETF.       I also get the same error when trying to order PureFunds ISE Cyber Security ETF?

 

 

Dear @zappa_69,

Retail clients can't trade most US ETFs because of the PRIIPS (Packaged retail and insurance-based investment products) regulation. All European and UK retail clients are subject to this. This regulation covers (inter alia): 

• Foreign Exchange (FX) Transactions
• Over The Counter Derivatives
• Exchange Traded Derivatives (including ETFs, ETCs & ETNs).

As such, no retail client can trade on any of the above. 

Thanks, 

KoketsoIG