Reliable brokers - Crypto Trading

Hello I am UK based and most brokers I have used are now NOT allowing trading in CRYTO. I was trading with HF markets SC, but now they too have not only stopped cryto to UK, but they say they will CLOSE all accounts from the UK in sept!


anybody has any suggestions on recommended brokers for UK based?
I looked at Etoro but the spreads are very high.

Synthetic indices, V75 and others. They can be viewed at Trandingview.Binary.com



Try using these assets instead of crypto, eg.

Thank you

Yes I know there are some brokers with Crypto like exness.com, and etoro.com , I'm not sure if coming from UK will be accepted. But I think it's possible.

If you want to trade actual cryptocurrencies you would need to use crypto exchanges, which are a different type of entity than Forex brokers. Keep in mind that the vast majority of crypto exchanges are unregulated and unsafe. Hacks, thefts and scams are abiquitous in that industry.

Regarding forex brokers, what they actually offer is not cryptos but crypto CFDs (i.e. contracts for difference). The reason why UK brokers don't offer such is that the British financial regulator FCA actually banned any and all cryptocurrency CFDs at the beginning of this year. So no FCA-regulated British broker can offer you such a service legally and if they are offering it to you it is illegal and it is very likely they are a scammer.

Binance is good. They offer leverage on trading too. However their product is not related to CFD but more of outright purchase of the crypto and margin trading.

I think that it all depends on your needs. From my point of view, the most reliable is Binance if you want to trade constantly with leverage on small time frames. But it is not the usual currency and has much more volatility and risks. So if to speak about crypto I prefer investing and holding for the long term. It is much safer and can give you an insane profit. For such needs, https://paydepot.com/de-bitcoin-atm is enough.