Altcoins News

Story: Interactive Brokers Launches Crypto Trading Across European Economic Area

By Jean-Luc Maracon

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Platform Integration Details. The crypto feature works through IBKR Mobile and GlobalTrader apps that existing clients already…

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Regulatory Landscape Shifts. The MiFID II framework that Coinbase uses shows how European regulators want crypto trading to work.

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Market Competition Heats Up. Other big brokerages are watching this move closely.

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Interactive Brokers rolled out crypto trading services for European investors today. The brokerage firm now lets clients trade digital assets through Interactive Brokers Ireland…

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The move puts crypto trading directly on the same platform where investors already buy stocks, options, and futures.

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Trading runs 24/7 with fees between 0.12% and 0.18%.

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Zerohash brings regulatory compliance to the table, which matters a lot in Europe's strict financial environment.

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Coinbase just launched futures contracts for EEA users under a MiFID II license recently. So Interactive Brokers is jumping into a market that's heating up fast among traditional…

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CySEC and other European regulators have been pretty careful about crypto services. They want firms to follow the same rules that apply to traditional securities.

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The competitive pressure is real though. Traditional brokerages can't ignore crypto anymore since retail investors keep asking for it.

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European investors have been using separate crypto exchanges like Binance or Kraken for years. Now they can trade Bitcoin on the same platform where they buy Apple stock.

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The firm's announcement on March 31 came without much fanfare, which is typical for Interactive Brokers.

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Galik mentioned that clients were frustrated with managing multiple apps and dealing with unclear fees on crypto-only platforms.

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The 24/7 trading aspect is interesting since traditional markets close at night and on weekends.

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Other big brokerages are watching this move closely. Charles Schwab, Fidelity, and similar firms have been testing crypto services in different markets.

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