Restricted to retail clients, permanently, and by a pre-crypto instrument. Finanstilsynet made the ESMA-style restriction on the marketing, distribution and sale of contracts for difference to retail clients permanent in Denmark with effect from 1 August 2019, issued under Article 42 of MiFIR.
The restriction is a package: leverage caps at position opening, margin close-out rules, negative balance protection, a ban on trading incentives and a mandatory standardised risk warning. It is a restriction - a compliant firm may still sell CFDs to a Danish retail client within those limits.
The contract itself does not change by geography: a SPX perpetual settles in USDC everywhere.
2 venues open SPX6900 perps to traders in Denmark.
Aster
HyperliquidFour steps from sign-up to an open position.
Taxed as personal income: the tax authority states a crypto gain can mean tax of up to 53 percent, and that relief for a loss amounts to 26 percent of the loss. Gains and losses may not be offset against each other - they go in two separate boxes on the annual statement - so a year of round-tripping can produce tax on the gains with only partial relief for the losses.
Trading SPX6900 from Denmark: legal.
Finanstilsynet, the Danish Financial Supervisory Authority.
Denmark traders can fund SPX6900 positions using MobilePay, Bank transfer (SEPA / domestic DKK) and MitID-authenticated bank login.
Denmark residents can trade SPX6900 on 4 platforms, including Aster, GMX and Hyperliquid.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
Robinhood Chain
