We found 11 online brokers that are appropriate for Trading Bitcoin United Kingdom Investment Platforms.
As one of the worlds biggest financial centres, the United Kingdom has also become a global leading financial technology hub. Therefore, the UK has also become a Bitcoin-savvy country with a very high familiarity rate. Most individuals in the country are familiar with Bitcoin, where youngsters especially have grown their interests in the digital currency.
Even though it is still not as progressive in the US, the adoption of Bitcoin has been consistently growing in the UK. It is also helpful to note that the government has adopted a moderate approach towards Bitcoin and other cryptocurrencies.
While trading Bitcoin is legal in the UK, the government has taken new measures to ban crypto derivatives as well as ETNs. Any securities and unsecured debt that derive value from cryptocurrencies are now officially restricted. As you might have known, these securities are based on the value of established digital currencies like Bitcoin and Ethereum. However, this is not equivalent to directly trading cryptocurrencies as you do not actually own the underlying assets with these products.
Furthermore, UK regulators expressed that they were highly concerned about the risks of ETNs and crypto derivatives for domestic retail investors. This is due to the fact that these investment products invite retail investors into an unregulated environment where they do not have access to adequate protections over their portfolio. Therefore, the countrys FCA have declared these two instruments to be harmful. This ban of derivatives and ETNs has been passed to protect retail investors from unexpected losses.
The ban targets all unregulated crypto ETNs, options, CFDs, futures, and other instruments that track market prices of the digital currencies. This means that they can no longer be distributed, marketed, or sold in the country. However, the ban does not include purchasing Bitcoin from exchanges. It should be noted that the new measures are considered part of progressive regulations meant to protect domestic retail investors.
As a result of the new measures, some crypto trading and exchange platforms would have to dump the related instruments from their offerings or at least, make them inaccessible for British users. Some exchanges have also decided to allow their customers to hold the related assets they already own and to sell them anytime. The authority claimed that retail traders can save millions following these new measures since they have more control of their own investments.
The UK is home to international and national crypto exchanges where citizens can purchase Bitcoin with GBP. However, each investor may have their own requirements and preferences about how their Bitcoin investment should be managed. These exchanges may have different verification processes, buying and selling fees, transaction limits, user interface, sources, features, and other properties. It is important to take your time when selecting an exchange available in the UK. It is also highly advisable to use a regulated platform.
Bitcoin-supported ATMs are also where UK residents can instantly buy Bitcoin with their fiat cash or debit card. While these ATMs provide more privacy and speedy transactions, the fees are considerably high. Purchasing Bitcoin from supported ATMs is ideal for small, incidental Bitcoin purchases.
Using exchange for Bitcoin purchases is generally easier and more affordable, but you need to beware of the security issues. In fact, a UK-based crypto exchange was a victim of hacking attacks where customers funds worth millions of dollars were stolen in the hot wallet or online built-in wallet. Therefore, for better crypto asset protection, you need to set up a dedicated digital wallet to store your Bitcoin. Having a hardware wallet or cold storage is the best solution for Bitcoin storage, regardless of whether you want to hold your coins or actively trade them.
You can either use the exchange, Bitcoin ATMs, or peer trading functions to cash out of Bitcoin for fiat funds. Ensure the exchange has relevant trading pairs like Bitcoin-GBP if you want to cash out of your Bitcoin holdings. Otherwise, you can go to Bitcoin ATMs nearby and sell your Bitcoin for cash, although this is a much more expensive option.
While crypto exchanges are scrambling to adapt to the new measure by UK to ban crypto derivatives, this new rule comes as part of the governments effort to protect traders. Also, it might be a relief for many that the most popular cryptocurrency, Bitcoin, is not affected by this new measure. Therefore, traders making Bitcoin transactions should not worry about the ban, but rather, protecting their Bitcoins. It is always recommended that traders dealing with cryptocurrencies have a separate digital wallet to safekeep their currencies from hacking.
We have conducted extensive research and analysis on over multiple data points on Bitcoin United Kingdom to present you with a comprehensive guide that can help you find the most suitable Bitcoin United Kingdom. Below we shortlist what we think are the best Bitcoin United Kingdom Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Bitcoin United Kingdom.
Selecting a reliable and reputable online Bitcoin United Kingdom Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Bitcoin United Kingdom Investment Platforms more confidently.
Selecting the right online Bitcoin United Kingdom Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Bitcoin United Kingdom Investment Platforms trading, it's essential to compare the different options available to you. Our Bitcoin United Kingdom Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Bitcoin United Kingdom Investment Platforms broker that best suits your needs and preferences for Bitcoin United Kingdom Investment Platforms. Our Bitcoin United Kingdom Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Bitcoin United Kingdom Investment Platforms.
Compare Bitcoin United Kingdom Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Bitcoin United Kingdom Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Bitcoin United Kingdom Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Bitcoin United Kingdom Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Bitcoin United Kingdom Investment Platforms that accept Bitcoin United Kingdom Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 74-89 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Bitcoin United Kingdom Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Bitcoin United Kingdom Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Bitcoin United Kingdom Investment Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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