What type of crypto positions open when I copy someone?

On TBanque, some positions are secured with real assets, and others use CFDs. For more information, click here.

When you copy another trader who is investing in cryptoassets, or when you invest in a Smart Portfolio containing cryptoassets, the type of crypto positions that open for you may not be the same as the original positions you copied. 

This depends on the TBanque entity that is applicable to your account and the regulatory framework it follows, and in some cases, your country of residence. To find out which regulation your account is under, please click here.

 

Clients of TBanque (Europe) Ltd:

  • Real crypto trades are copied as real positions.
  • CFD crypto trades are copied as CFD positions.
 

Clients of TBanque (UK) Ltd and residents of the UK who are clients of TBanque (Europe) Ltd:

  • Real crypto trades are copied as real positions.
  • CFD crypto trading is not permitted according to Financial Conduct Authority (FCA) regulation from 6 January 2021. Therefore, CFD crypto trades are not copied unless a corresponding and equivalent real position can be opened in place of the CFD.
 

Clients of TBanque AUS Capital Limited:

  • Real crypto trades are copied as real positions.
  • CFD crypto trades are copied as CFD positions.

 

Clients of TBanque (Seychelles) Ltd:

  • Real crypto trades are copied as real positions.
  • CFD crypto trades are copied as CFD positions.

 

Residents of France: 

  • TBanque is in the process of registering as a crypto service provider with the Autorité des marchés financiers (AMF). Until the registration process is finalised, real crypto trades are copied as CFD positions.
  • CFD crypto trades are copied as CFD positions.

 

Residents of Belize, Brunei, Egypt, El Salvador, Estonia, French Guiana, French Polynesia, Guadeloupe, Guatemala, Honduras, Jordan, Martinique, Mayotte, Mongolia, Nepal, Paraguay, Qatar, Reunion Island, Saint Barthelemy, Saint Lucia, Saint Martin, Serbia, Suriname, Wallis and Futuna:

  • All crypto trades are copied as CFD positions.