Interactive Brokers Introduces Cryptocurrency Trading For UK Clients

Interactive Brokers has announced the official launch of cryptocurrency trading in the United Kingdom as a new feature on its platform.

Gerald Perez, Chief Executive Officer at Interactive Brokers (U.K.) Limited said, “Interactive Brokers offers a wide selection of global investment products, sophisticated technology, and competitive pricing,”

Individual and institutional investor clients of Interactive Brokers (U.K.) Limited (IBUK), including financial advisers, can now trade cryptocurrency assets such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) from a single screen in addition to the broad range of investment products available through Interactive Brokers.

This eliminates the need for investors to trade across several trading platforms, allowing financial advisers to more efficiently manage portfolios and dedicate a portion of client assets to cryptocurrencies.

About Interactive Brokers

Interactive Brokers, founded in the United States, offers a wide array of trading assets including stocks, ETFs, forex, bonds, options, and futures, providing traders with various opportunities across global markets.

However, risks have been raised about its legitimacy, with reports of the platform being identified as a suspicious clone. Traders are directly impacted by the platform's regulatory status, influencing oversight, transparency, and legal protections. Adherence to regulatory standards instills confidence among traders regarding the platform's reliability and security, while any suspicion or regulatory ambiguity may undermine trust and deter participation, emphasizing the importance of due diligence.

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