Trade Crypto for Less Coin

Don't invest unless you're prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Estimated reading time: 2 min
Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.

What are the key risks?

You could lose all the money you invest
- The performance of most cryptoassets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in cryptoassets.
- The cryptoasset market is largely unregulated. There is a risk of losing money or any cryptoassets you purchase due to risks such as cyber-attacks, financial crime and firm failure.
You should not expect to be protected if something goes wrong
- The Financial Services Compensation Scheme (FSCS) doesn't protect this type of investment because it's not a ‘specified investment' under the UK regulatory regime – in other words, this type of investment isn't recognised as the sort of investment that the FSCS can protect. Learn more by using the FSCS investment protection checker here.
- The Financial Ombudsman Service (FOS) will not be able to consider complaints related to this firm. Learn more about FOS protection here.
You may not be able to sell your investment when you want to
- There is no guarantee that investments in cryptoassets can be easily sold at any given time. The ability to sell a cryptoasset depends on various factors, including the supply and demand in the market at that time.
- Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay and you may be unable to sell your cryptoassets at the time you want.
Cryptoasset investments can be complex
- Investments in cryptoassets can be complex, making it difficult to understand the risks associated with the investment.
- You should do your own research before investing. If something sounds too good to be true, it probably is.
Don't put all your eggs in one basket
- Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.
- A good rule of thumb is not to invest more than 10% of your money in high-risk investments.

If you are interested in learning more about how to protect yourself, visit the FCA's website here.

For further information about cryptoassets, visit the FCA's website here.

Products

Trade Crypto for Less Coin

The IBKR Advantage

Low commissions – Just 0.12% to 0.18% of trade value¹ with no added spreads, markups or custody fees
Trade and hold Bitcoin, Bitcoin Cash, Ethereum and Litecoin.
Additional features let clients hold USD and cryptocurrencies in their cryptocurrency trading account, trade cryptocurrencies 24/7, place non-marketable limit orders, and withdraw cryptocurrency assets from your Paxos account to an external wallet.

Invest in crypto, stocks, options, ETFs, futures, bonds, and more from a single unified platform
Cryptocurrency trade execution and custody are provided by Paxos Trust Company.
IBKR Rated #1 Best Online Broker – 5 out of 5 stars by Barron’s 2023²

Low Commissions

0.12% to 0.18% of Trade Value¹

with No Added Spreads, Markups or Custody Fees

While other crypto exchanges and brokers charge trading fees as high as 2.00% of trade value or more, and add spreads or markups to the cryptocurrency price, cryptocurrency trading with Paxos on Interactive Brokers’ platform has a low commission of just 0.12% to 0.18% of trade value¹ with a USD 1.75 minimum per order (but the minimum is subject to a cap of 1% of trade value). Plus, there are no added spreads, markups, or custody fees.

View Cryptocurrency Commissions

Crypto Trading Cost Comparison³

Fee	IBKR	Gemini ActiveTrader	Coinbase Pro	eToro
Crypto Transaction Fee for $1,000 of crypto	0.18%	0.40%	0.60%	1.00%
Spread / Markup	None	None	None	None
Total fee	0.18%	0.40%	0.60%	1.00%
Cost of $1,000 trade	$1.80	$4.00	$6.00	$10.00

Discover a World of Investment Opportunities

Clients can trade cryptocurrencies through Paxos alongside global stocks, options, futures, spot currencies, bonds, funds and more via the Interactive Brokers platform.

Commissions just 0.12% to 0.18% of trade value
Trade and hold BTC, BCH, ETH and LTC
USD 1.75 minimum per order, capped at 1% of trade value

Additional Features

Hold USD in your cryptocurrency account
Trade cryptocurrencies 24/7 when you transfer funds to your dedicated Paxos account during normal US banking hours.
Place non-marketable limit orders

Professional Trading Platforms and Tools

Trading Platforms

Powerful, award-winning trading platforms and tools for managing your portfolio. Available on desktop, mobile, and web.

Trading Tools

Use a full suite of professional trading tools to help make better decisions and manage your portfolio. Spot market opportunities with Advanced Market Scanners and analyze your portfolio with Risk Navigator.

Efficient pricing gold in small quantities

Security You Can Trust

Security is crucial to cryptocurrency trading. Use the IBKR platform and funds from your IBKR account to trade cryptocurrencies at Paxos Trust Company. As a Trust company, Paxos Trust Company is regulated and supervised by the New York Department of Financial Services (the New York bank regulator). Cryptocurrencies are not regulated in the UK.

Rated #1

Best Online Broker
Six Years in a Row
by Barron's 2023

Lowest margin loan rates of any broker, according to the StockBrokers.com 2022 online broker review.

Disclosures

- Capital gains tax may apply.
- Neither IBUK nor any of its affiliates are party to any transactions in digital assets and do not custody digital assets on your behalf. Paxos Trust Company LLC ("Paxos") is your counterparty to any transactions in digital assets, and any positions in digital assets are custodied solely with Paxos and held in an account in your name outside of IBUK. Paxos is a New York Limited Trust Company and is regulated by the NY Department of Financial Services.
- Digital assets held with Paxos are NOT protected by the Financial Services Compensation Scheme (FSCS) or the U.S. Securities Investor Protection Corporation (SIPC). Cryptoassets are not subject to regulation beyond anti-money laundering requirements.
- Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high risk tolerance and the financial ability to sustain losses. For more information about the risks surrounding the trading of Digital Assets, please see the "Disclosure of Risks of Trading Digital Assets".
- For more information about eligibility to trade digital assets with Paxos, please see the FAQ.

Depending on client monthly volume, with a USD 1.75 minimum commission per order (but the minimum is subject to a cap of 1% of trade value).
For more information, see our awards page.
Rates as of April 17, 2024. Source: respective competitors' websites. Competitor rates and offers subject to change without notice. Services vary by firm.

The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information, read the "Characteristics and Risks of Standardized Options".

Your capital is at risk and your losses may exceed the value of your original investment.

Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.

Cryptoassets are unregulated in the UK. Interactive Brokers (U.K) Limited ("IBUK") is registered with the Financial Conduct Authority as a cryptoassets firm under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.

Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.

Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.

For a list of IBG memberships worldwide, see our exchange listings.

Trade Crypto for Less Coin

Trade Crypto for Less Coin

The IBKR Advantage