Wash-Sale Rule
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Wash-Sale Rule

Wash-Sale Rule

A regulation that prohibits a taxpayer from claiming a loss on the sale of stock while still maintaining a position.

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Klips CY Ltd, is a Company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) as a Cyprus Investment Firm (“CIF”) with license number 434/23 it operates in accordance with the Markets in Financial Instruments Directive (MiFID) II of the European Union and is a Member of the Investor Compensation Fund (ICF)

 

Klips CY Ltd is the issuer and seller of the financial products described or available on this website with Office Address: Chrysanthou Milona 1, Panagides Court, Floor 6, 3030, Limassol, Cyprus.

 

Regional restrictions: Klips CY Ltd is allowed to serve only clients whose residence is in the EEA or in a country where the company has a legal permission to do so whereas. Klips CY Ltd does not offer Contacts for Difference to residents of certain jurisdictions including and not limited to USA, Iran, Canada, UK and to residents of other countries whose domestic regulations classify such investment offering as prohibited.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.