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 XYZ100 perpetual settles in USDC everywhere.
2 venues open Nasdaq 100 (XYZ100) perps to traders in Denmark.
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 Nasdaq 100 (XYZ100) from Denmark: legal.
From Denmark, you can fund a Nasdaq 100 (XYZ100) position using MobilePay, Bank transfer (SEPA / domestic DKK) and MitID-authenticated bank login.
Denmark residents can trade Nasdaq 100 (XYZ100) on 4 platforms, including Aevo, GMX and Hyperliquid.
On Canborsa, Nasdaq 100 (XYZ100) trading from Denmark costs 0.07% per side.