Top 10 Online Brokers for Bitcoin Trading UK

    • Advertiser Disclosure i
    • Min Deposit i
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    • Free No Deposit Promotion i
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    • Features We Like i
      i
    • Rating
    • Risk Warning i
    • 1
      Plus500
      9.8 Our Score
      • Promotions: 

        £25 Welcome Bonus
        T&Cs apply

        • No Commission
        • Up to 30% First Deposit Bonus T&Cs Apply
        • Max Leverage: 1:294
    • 2
      Xtrade
      9.5 Our Score
      • Promotions: 

        Free £20
        No Deposit Required

        • Award Winning Broker
        • Up to £6000 First Deposit Bonus
        • No Commission
        • #1 Mobile Trading App
    • 3
      AvaTrade
      9.1 Our Score
      • Promotions: 

        None

        • Up to £7,500 Welcome Bonus
        • No Commission/No Fees
        • Set Limits and Stops
        • Fixed Spreads
    • 4
      UFX
      8.8 Our Score
      • Promotions: 

        Free £50
        No Deposit Bonus

        • 100% CashBack Bonus*
        • No Commission
        • Earn UFX Rewards
    • 5
      Markets.com
      8.6 Our Score
      • Promotions: 

        Free £25
        No Deposit Required  T&Cs Apply

        • No Fees or Commission
        • Tight Spreads
        • Sophisticated Trading Tools
    • 6
      Trade.com
      7.9 Our Score
      • Promotions: 

        Free £25
        No Deposit Required – T&Cs Apply

        • 10% Welcome Bonus
        • No Commission
        • Low Spreads
    • Advertiser Disclosure i
    • Free No Deposit Promotion
    • Features We Like
    • Rating
    • Risk Warning i
    • Plus500
      1
    • £25 Welcome Bonus
      T&Cs apply

      Get Deal
      • No Commission
      • Up to 30% First Deposit Bonus T&Cs Apply
      • Max Leverage: 1:294
    • 9.8
      Read a Review
    • Visit Site
    • Xtrade
      2
    • Free £20
      No Deposit Required

      Get Deal
      • Award Winning Broker
      • Up to £6000 First Deposit Bonus
      • No Commission
    • 9.5
      Read a Review
    • Visit Site
    • AvaTrade
      3
    • None

      • Up to £7,500 Welcome Bonus
      • No Commission/No Fees
      • Set Limits and Stops
    • 9.1
      Read a Review
    • Visit Site
    • UFX
      4
    • Free £50
      No Deposit Bonus

      Get Deal
      • 100% CashBack Bonus*
      • No Commission
      • Earn UFX Rewards
    • 8.8
      Read a Review
    • Visit Site
    • Markets.com
      5
    • Free £25
      No Deposit Required  T&Cs Apply

      Get Deal
      • No Fees or Commission
      • Tight Spreads
      • Sophisticated Trading Tools
    • 8.6
      Read a Review
    • Visit Site
    • Trade.com
      6
    • Free £25
      No Deposit Required – T&Cs Apply

      Get Deal
      • 10% Welcome Bonus
      • No Commission
      • Low Spreads
    • 7.9
      Read a Review
    • Visit Site

* Individual Brokers T&Cs Apply

Risk Warning: Trading Forex (FX), Commodities, Options, and CFDs are a high-risk activity and you may lose more than your initial deposit.
Please be sure you thoroughly understand the risks involved and do not invest money you cannot afford to lose. Your capital is at risk.

Advertiser Disclosure: TopBrokers.Trade is an independent specialized comparison site funded from the referral fees from the sites that it promotes. TopBrokers.Trade receives compensation from the brokers sites and advertisements it features. Thanks to this compensation, we can provide you a free comparison tool. TopBrokers.Trade is not able to display and feature information about all the available broker sites or broker site offers.


How to Choose the Best Broker for Bitcoin Trading

 

Because there’s so much competition in the Bitcoin exchange market as well as having countless UK Brokers and Exchanges to choose from, it can be difficult for beginners to know which option will work best. Here are a few things we suggest keeping in mind before you decide on the right online broker for your Bitcoin trading:

 

Regulation: 
Use a regulated Bitcoin Broker or Exchange. The regulatory body develops rules and services protect the integrity of the market, as well as traders, and investors, such as the Financial Conduct Authority (FCA) here in the UK. Due to possible safety concerns, accounts should be exclusively opened with regulated brokers.

 

Customer Service:
Bitcoin trading happens 24 hrs a day online, so customer support should be available at all times. You’ll want to be able to speak with a live support person, and many brokerages have a local UK office for ease of use. The representative’s ability to answer your questions regarding spreads and leverage, as well as company details is very telling.
The details of a good broker should be out in the open for everyone to see, either online or otherwise.

 

Account Types:
Your ideal online broker for trading Bitcoin should be able to offer either multiple account options or provide you an element of customizability. Perhaps the broker even has a separate account for beginners. Look for a Bitcoin Broker that offers competitive spreads and easy deposits/withdrawals.

 

Tradeable Assets:
When selecting an online Bitcoin broker, many just concentrate on Bitcoins. Nonetheless, you should keep in mind there are many other types of investment alternatives offered, including Forex (FX) currencies, Stocks or shares, ETFs, CFDs, futures or options.

 

Fees:
Buying and selling Bitcoins costs money. However, unlike buying stocks or bonds, Bitcoin brokers generally charge a percentage. You may consider looking for an online broker that charges a flat rate fee instead of the percentage model.

 

Liquidity:
Because Bitcoin is traded in a market where people are both looking to buy or sell the currency, it’s crucial to consider the amount of liquidity that an exchange can have. Liquidity is the ability to sell without the price being significantly affected, causing the price to drop.