To stay informed, regularly follow reputable financial news sources, explore and join online communities, and monitor official announcements from bitcoin era trading regulatory bodies. Additionally, consider subscribing to newsletters or joining forums dedicated to futures trading. This FCA-registered exchange is safe, user-friendly, and allows you to start with just $50. It’s also important to check user reviews and community feedback to gauge the platform’s reputation.
- If yes, please provide a brief description of the relevant crypto assets involved and the value received from these activities.
- If a crossover is identified, this can indicate a bullish or bearish momentum.
- This may include two-factor authentication (2FA) and the mandatory use of unique and strong passwords.
- A stop-loss is an instruction to stop the trade when a certain loss is experienced.
Best Copy Trading Platforms:
Surrounding yourself with like-minded traders can create a supportive environment where you can exchange ideas and stay accountable to your trading goals. News and resources on digital currencies, crypto assets and crypto exchanges worldwide. To help you choose a crypto trading platform, we have compiled a list of leading global brokers. The majority of online brokers have incorporated the advanced and widely popular MetaTrader software, equipped with everything necessary for a seamless trading session. The crypto market works differently from other financial markets due to its decentralized nature. Cryptocurrencies are extremely volatile, meaning that their price can dramatically move up and down.
Regulation on Trading Cryptocurrency in the UK
This is because they are both capable of being owned and have a value that can be realised. Disposing of cryptoasset gained through an airdrop will be liable for Capital Gains Tax, (regardless of whether it is chargeable to Income Tax when received). Again, this can be a complex area and our specialist tax advisors are able to advise on whether your activity would constitute trading. This will enable us to get a better understanding of your current position, and to advise you correctly. Please ensure all fields are completed in as much detail as possible, as we may be unable to deal with your enquiry if we do not have all the information we need.Many thanks.
Best Crypto Brokers in the UK for 2025
IG offers 24 hour a day support Monday to Friday, and from 9am to 5pm on weekends. It does not offer support by telephone, although clients can use a live chat or messaging facility. Trading by telephone is provided to customers with a portfolio of $25,000. EToro was founded in 2007 with a focus on creating a community for social investing and has approximately 30 million users.
CRYPTO20250 – Cryptoassets for individuals: what is trading
Most crypto brokers organize their fee structure around spreads, or the difference between the bid and ask prices of cryptocurrencies. Highly sought-after cryptocurrencies such as Bitcoin may involve higher spreads compared to other less popular coins. Other fees that traders must check in advance include maintenance fees, overnight financing fees, payment processing fees, and inactivity fees. Most brokers do not charge deposit and withdrawal fees, however, this must be checked in advance, to avoid any unforeseen expenses.