Leading international electronic broker Interactive Brokers has made history by introducing bitcoin trading services in the U.K. Along with traditional investment products, this new development significantly expands investment choices for individual and institutional clients. Moreover, it provides seamless access to well-known digital assets. These include popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). Consequently, investors now have a broader range of options to diversify their portfolios with these digital currencies.
In the UK, Interactive Brokers Introduces A Crypto Trading Service
Offering cryptocurrency trading services, Interactive Brokers has wholly changed the U.K. investment scene. Through this new offering, customers of Interactive Brokers (U.K.) Limited (IBUK) can trade a wide variety of digital assets that are easily integrated into the platform’s current portfolio of financial products. These assets include Bitcoin (BTC), Ethereum, LTC, and BCH.
In the meantime, Gerald Perez, CEO of Interactive Brokers (U.K.) Limited highlighted the increased accessibility and flexibility that trading cryptocurrencies offer to customers in the United Kingdom. Interactive Brokers gives clients exposure to the growing cryptocurrency industry in addition to traditional securities by allowing them to diversify their portfolios across many markets and asset classes through the integration of digital assets into its platform.
The announcement states that Interactive Brokers clients can now easily manage their cryptocurrency and securities brokerage accounts via a single platform. This would eliminate the need for several trading platforms and streamline cash management.
Meanwhile, by integrating cryptocurrencies into a diverse investment strategy, this integrated approach improves the trading experience. It gives financial advisors the ability to allocate client assets effectively.
Minimal Fees and Adherence to Regulations
With a minimum order price of USD 1.75 and commissions ranging from 0.12% to 0.18% of transaction value, depending on monthly volume, Interactive Brokers guarantees competitive pricing for cryptocurrency trading.
