Announcement - XBmarkets

Redpine Capital Limited is proud to announce that following operations as a Cyprus Investment Firm
delivering regulated investment and ancillary services to Retail Clients, it is upgrading its current
business model to be able to grow in the business-to-business (B2B) sector.

In light of this internal business decision, commencing on 8th of December 2023 the Company
ceases to accept any new Retail Clients.

You are therefore kindly requested to close /liquidate all open positions and order the refund of any
available balance on your account by the 8th of January 2024 (the “cut-off time”). It is emphasized
that failure to close all open positions before the cut-off time will result in closing of these positions
automatically at market price as at cut-off time.

Following the cut-off time, the Company will take all the necessary measures to return any
outstanding balances

The Customer Department remains at disposal for any assistance you may require in relation to the
closure of your account.
We thank you for your attention.

Legal: XBMarkets.com is a website operated by Redpine Capital Ltd, which is authorised and regulated by the Cyprus Securities and Exchange Commission, licence number 391/20.

Registered Address: Vasili Michaelidi 21-23, Areti Tower, 2nd Floor, 3026 Limassol, Cyprus

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.57% 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. Please consider our Risk Disclosure.

Restricted regions: Redpine Capital Ltd provides services primarily to residents of countries from the European Economic Area (EEA). The information on this site is not intended for residents of Belgium or the United States, or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation, or where AML restrictions exist, as per the policies of the Company.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.57% 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. Please consider our Risk Disclosure.

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