Best Bitcoin Brokers 2025

Author

Michael MacKenzie

Michael is a UK-based investment writer with over 10 years of experience in the journalism industry. Michael has critically evaluated many of the largest investment brokers in the UK.

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Editor

James Barra

James is a UK-based writer and investor with consultancy experience at some of Britain's largest financial organisations. James authors, edits and fact-checks content for a row of investing websites.

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Fact Checker

Tobias Robinson

Tobias is a UK director and partner at Investing.co.uk. He provides commentary on the financial markets in the UK and supports the testing team with first-hand observations from over two decades of active trading.

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Bitcoin (BTC), the world’s first decentralized cryptocurrency, has had a remarkable run since its launch in 2009 from niche investment to mainstream asset. Having gained recognition, and even adoption, by some states and regulators, Bitcoin is no longer only for tech-savvy speculators, and the best brokers and investment firms let any British investor buy and sell BTC or even gain exposure in their ISAs via some stocks and ETFs.

The UK’s Financial Conduct Authority (FCA) has banned crypto derivatives (including Bitcoin futures, options, and CFDs) to retail investors. UK residents can still access Bitcoin derivatives through international brokers that are not FCA-regulated, but doing so means you may not be protected under UK regulations, such as the Financial Services Compensation Scheme (FSCS).

How We Choose The Best Bitcoin Brokers & Investment Platforms

Over decades of combined investing experience, our experts have found that the best Bitcoin brokers have these common features in common:

Regulation & Trust

Not long ago, cryptocurrency was the Wild West of investing, but regulators including the FCA have begun to catch up so you should take advantage of the increased oversight.

We have been pleased to see reliable, regulated brokers enter the Bitcoin market, as these offer a more secure way to make crypto investments.

FCA-regulated brokers:

1. Need to submit yearly reports and are frequently monitored to ensure they’re in compliance with the UK’s robust regulations, greatly reducing the risk of a broker acting irresponsibly or illegally.
2. Are obliged to keep clients’ trading funds separately from business funds in segregated accounts, and to offer protection to traders by limiting their available leverage and closing trades that would leave their balance in the red.
3. Are bound by UK laws related to complaints and arbitration, providing a clear framework for dealing with complaints and disputes.

Some well-established crypto brokers and platforms like IG are also publicly traded companies on the London Stock Exchange, providing a further layer of oversight.

For crypto investors, this amounts to a great deal more security than you’d get trading Bitcoin on an unregulated exchange.

But if you want access to Bitcoin derivatives or trade BTC with leverage, you’ll need to look elsewhere as UK regulations prohibit this.

We have traded Bitcoin with reliable exchanges in the UK, and the best of these have built up solid reputations over years in the industry serving thousands of clients.

Bitcoin Investment Vehicles

You should choose a Bitcoin broker with instruments that suit your investing style and strategy.
Direct Bitcoin purchases are a straightforward way to invest in BTC and are available from many brokers and exchanges, as well as some e-wallets and digital payment providers like PayPal.

Some traders enjoy using derivative instruments like contracts for difference or perpetual swaps, which allow for margin trading Bitcoin without directly buying and selling the tokens; however, note that the FCA has prohibited leveraged crypto trading, so if a broker offers this it is not FCA-regulated.

Bitcoin broke through to the mainstream with the approval of the first ETFs in the US in 2024; the UK’s FCA approved similar products for professionals to trade on the London Stock Exchange the same year, but it has been cautious about approving their sale to retail investors.

You may not be able to trade a pure Bitcoin ETF, but you will find ETFs that are related to Bitcoin like Vaneck’s Crypto and Blockchain Innovators UCITS. However, in my experience this hasn’t always correlated closely with BTC price movements, so it’s not necessarily your best bet.

A closer correlation is found in some company stocks – MicroStrategy (MSTR) and Coinbase (COIN) are the most famous, though many Bitcoin mining companies are also publicly traded. UK traders sometimes use these stocks to make leveraged bets on BTC price movements.

Trading BTC with eToro

Fees

Trade your Bitcoin with a broker or platform that charges competitive fees, or you’ll see a large part of your profits vanish.

The spread – the difference between the price a broker buys and sells an asset at – acts as an in-built fee, and we’ve found this is especially important if you’re an active trader who frequently opens and closes Bitcoin positions.

Spreads may not be as great a concern for longer-term investors. However, if you use a platform to make long-term investments in stocks or ETFs related to Bitcoin, you’ll probably need to pay a service fee, which is usually a percentage of your account value charged annually.

Crypto pricing from IC Markets

Trading Platform & Tools

Bitcoin is a volatile asset that’s known for extreme price swings, and we’d advise any BTC investor to choose a charting platform with the power and tools necessary to analyse its price movements and plan your trades effectively.

Indicators like moving averages and RSI will help you identify prevailing trends as well as momentum and potential reversals; these can help you identify when to enter and exit a position.

Indicators help me plan when to enter a trade, but I find that access to different order types is crucial for implementing my strategy. Limit orders let me enter a position at my preferred price point; a stop loss guards against large losses, and I can use a trailing stop loss to protect my profits – crucial when reversals can be swift and brutal, as with an asset like Bitcoin.

Michael MacKenzie

Author

In our experience, classic platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are the most widely available and come with all the order types, charting tools and indicators you’ll need to make effective trades.

More modern platforms like TradingView have upped the ante by introducing a host of in-built social trading and research features, allowing you to easily browse professional analysis and check what’s trending before seamlessly transitioning to charts.

Leverage

Bitcoin traders use leverage – essentially borrowed funds – to increase the size of their positions and to augment profits.

While we see leverage as unnecessary for most Bitcoin investors, if you want to use it in your trades you’ll need to trade with an exchange or an offshore broker due to UK regulatory restrictions.

The amount of leverage available can vary greatly, with some offering 1:100 or more.

However, Bitcoin is a volatile instrument that often experiences wild price swings, so we recommend choosing an exchange or broker with flexible leverage rates and sticking to lower rates.

Account Options

You may rightfully focus firstly on fees or the charting platform when choosing your Bitcoin broker, but in our experience, you should never overlook the account options on offer.

Some of the best Bitcoin brokers like IG allow you to buy and hold BTC tokens while trading other instruments like CFDs and spread betting on the same account.

I also find it convenient to trade Bitcoin with a broker like eToro that offers clients an ISA account as well as its standard brokerage account. This lets you buy and sell BTC in your standard account while easily investing profits in your tax-efficient ISA account.

Finally, dedicated crypto exchanges and brokers may give you the option to stake your Bitcoin and earn crypto token rewards – this can be a great feature if you plan to hold BTC investments for the long term.

Bitcoin Chart

How to Invest in Bitcoin

Broker, Exchange or Investment Platform?

Like other cryptocurrencies, Bitcoin is primarily bought and sold on online exchanges. However, UK traders can also use brokers and other investment platforms to invest in BTC and these have some advantages over buying directly through an exchange.

Our experts have been following Bitcoin since it’s early days, and we’ve found that unless you’re looking to regularly trade large volumes of BTC or want to trade BTC derivatives with leverage, we’d advise against using an exchange.

Crypto exchanges may have lower fees, but they’re not covered by the same Financial Conduct Authority-mandated regulatory framework as many of the brokers on our toplist. That means they’re not obliged to meet the same stringent financial reporting requirements as FCA-regulated brokers.

Clients of FCA-regulated brokers also benefit from up to £85,000 insurance of their capital per firm in cases of business failure, as well as measures such as negative balance protection, which prevents them from losing more than they hold in their accounts.

We’ve found over the years that, without the clarity provided by a regulatory licence, exchanges have often collapsed due to fraud or poor management – as with FTX in 2022 – or faced legal restrictions, as with Binance in the UK.

Because of this, FCA-regulated brokers usually offer the most secure way to invest in Bitcoin in the UK.

Other options include digital wallets like PayPal and financial platforms like Uphold. The advantage of the latter is that it specialises in crypto, meaning you’ll often get competitive fees on Bitcoin and a wide range of crypto assets, and the platform allows you to send and receive crypto payments.

Finally, investment platforms offered by companies like Vanguard and Fidelity for ISAs and SIPPs won’t usually allow you to invest in Bitcoin, but you might be able to gain exposure to BTC price movements through correlated stocks and/or ETFs.

Which BTC Instrument is Best for Me?

The best way for you to invest in Bitcoin depends on your personal aims and preferences.

• Do you plan to invest in Bitcoin for the long term? Consider buying Bitcoin tokens directly and adding to your position over time. Many investors buy BTC on a dollar-cost average basis, making them less vulnerable to short-term price swings.
• Want to add BTC exposure to your ISA or pension? This has been tricky in the UK due to regulatory rules limiting retail access to crypto investment products, but there are a few ETFs and stocks that correlate with BTC price movements.
• Want to make leveraged trades on BTC? FCA-regulated brokers in the UK shouldn’t offer any leveraged trading on cryptocurrencies, but you can make leveraged trades on stocks that tend to track BTC price movements like MSTR and COIN. To trade BTC derivatives directly, you’ll need to sign up with an exchange or an offshore brokerage.

It’s easy to get caught up in the hype of a Bitcoin bull run, but think twice before trying to capitalise by trading with leverage via an offshore broker. We often come across horror stories of unregulated brokers that load the deck against traders or refuse to pay out, and the lack of proper oversight adds to the risk of Bitcoin investing.

Michael MacKenzie

Author