Interactive Brokers (Nasdaq: IBKR), a global automated
broker, has launched crypto-asset trading for eligible individual investors in
the European Economic Area. The service is offered through Interactive Brokers
Ireland Limited, an authorised crypto-asset service provider in the region.
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In a related development, crypto
exchange Coinbase also recently launched futures contracts for EEA users,
offering exposure to both digital assets and traditional markets. This is the
company’s first offering under its MiFID II licence, granted through its
CySEC-regulated BUX Cyprus entity.
Interactive Brokers Adds Crypto Trading Capabilities
Interactive Brokers’ launch allows investors to trade 11
leading crypto-assets on the same platform they use for stocks, options,
futures, currencies, bonds, and mutual funds. The firm said the launch
addresses common challenges for European investors, including managing multiple
crypto apps, unclear fees, and security concerns.
“Our clients want the flexibility to diversify into
crypto-assets while maintaining the tools, pricing, and trust they rely on
Interactive Brokers for,” said Milan Galik, Chief Executive Officer.
“By
offering crypto alongside traditional assets on a single platform, clients can
manage risk, liquidity, and capital more efficiently across their entire
portfolio.”
Eleven Cryptocurrencies Available Across Platforms
Clients trading crypto-assets through the platform can trade
24 hours a day, seven days a week. Pricing starts at 0.12%-0.18% of trade
value, with no hidden spreads, markups, or custody fees. Users can also place
limit orders to control execution prices.
Through a secure integration with zerohash, the firm
provides access to Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Chainlink,
Solana, Cardano, Ripple, Dogecoin, Avalanche, and Sui. Trading is available
across IBKR’s platform suite, including Trader Workstation, IBKR Desktop,
Client Portal, IBKR Mobile, and IBKR GlobalTrader.
Zerohash is a regulated digital asset and stablecoin
infrastructure provider for financial institutions.
This article was written by Tareq Sikder at www.financemagnates.com.
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