Trading 212 Launches Crypto Trading under Its Cyprus Unit

Monday, 06/10/2025 | 08:24 GMT by Arnab Shome
  • The platform will offer Bitcoin, Ethereum, Solana, and other major crypto assets.
  • It allows users to open a crypto account, which is separate from its regular CFDs account.
Trading 212 (shutterstock)

Trading 212 has launched crypto trading services, weeks after onboarding a lead for its crypto operations. However, it will offer cryptocurrencies under its Cyprus-based entity.

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Crypto in Trading 212

The company will offer Bitcoin, Ethereum, Solana, and other crypto assets, which can be traded from its crypto account, separate from its regular contracts for differences (CFDs) account.

It also explained that cryptocurrency trading will be offered under the Cyprus-regulated Trading 212 Markets, meaning the platform’s European Union users can access these instruments. However, UK users of Trading 212, the platform's primary revenue generator, may be unable to access these instruments.

Trading 212 generated £150 million from brokerage services in the UK in 2024, while the Cypriot unit generated about £42.2 million. However, on the positive side, the broker doubled its Cyprus business revenue.

As a group, Trading 212 ended 2024 with a net profit of £43.7 million on revenue of £194.1 million. Germany’s FXFlat, following its acquisition, added over £1 million to the total figure.

The group figures include the performance of several Trading 212 subsidiaries, which include entities in the UK, Bulgaria, Cyprus, Australia, and FXFlat in Germany. Although the broker now focuses on the UK and EU, it was established in Bulgaria in 2004 as Avus Capital and incorporated in the UK in 2013.

In the UK, the broker is also shifting away from CFDs and towards stockbroking. Trading 212 has also diversified its offerings with multi-currency payment cards.

Trading 212 Is Brewing Its Crypto Strategy

Interestingly, Trading 212 established a dedicated crypto entity in Cyprus last year and also obtained a crypto asset service provider (CASP) licence from the regulator on the Mediterranean island.

Although the broker can offer physical crypto under the new Cyprus entity, its plans with that entity and licence remain unknown.

The latest launch also followed Christos Drakos’s appointment as the lead for the broker’s crypto operations. He previously worked at Revolut and ETX Capital.

However, it is not alone to pivot towards crypto. IG Group, which is the largest broker in the UK, also building its crypto presence. The London-listed broker first launched spot retail crypto trading with a partnership with Uphold and then agreed to buy a Australian crypto exchange. It even registered itself as a crypto service provider with the Financial Conduct Authority.

Read more news about Trading 212:

Trading 212 has launched crypto trading services, weeks after onboarding a lead for its crypto operations. However, it will offer cryptocurrencies under its Cyprus-based entity.

Join IG, CMC, and Robinhood in London’s leading trading industry event!

Crypto in Trading 212

The company will offer Bitcoin, Ethereum, Solana, and other crypto assets, which can be traded from its crypto account, separate from its regular contracts for differences (CFDs) account.

It also explained that cryptocurrency trading will be offered under the Cyprus-regulated Trading 212 Markets, meaning the platform’s European Union users can access these instruments. However, UK users of Trading 212, the platform's primary revenue generator, may be unable to access these instruments.

Trading 212 generated £150 million from brokerage services in the UK in 2024, while the Cypriot unit generated about £42.2 million. However, on the positive side, the broker doubled its Cyprus business revenue.

As a group, Trading 212 ended 2024 with a net profit of £43.7 million on revenue of £194.1 million. Germany’s FXFlat, following its acquisition, added over £1 million to the total figure.

The group figures include the performance of several Trading 212 subsidiaries, which include entities in the UK, Bulgaria, Cyprus, Australia, and FXFlat in Germany. Although the broker now focuses on the UK and EU, it was established in Bulgaria in 2004 as Avus Capital and incorporated in the UK in 2013.

In the UK, the broker is also shifting away from CFDs and towards stockbroking. Trading 212 has also diversified its offerings with multi-currency payment cards.

Trading 212 Is Brewing Its Crypto Strategy

Interestingly, Trading 212 established a dedicated crypto entity in Cyprus last year and also obtained a crypto asset service provider (CASP) licence from the regulator on the Mediterranean island.

Although the broker can offer physical crypto under the new Cyprus entity, its plans with that entity and licence remain unknown.

The latest launch also followed Christos Drakos’s appointment as the lead for the broker’s crypto operations. He previously worked at Revolut and ETX Capital.

However, it is not alone to pivot towards crypto. IG Group, which is the largest broker in the UK, also building its crypto presence. The London-listed broker first launched spot retail crypto trading with a partnership with Uphold and then agreed to buy a Australian crypto exchange. It even registered itself as a crypto service provider with the Financial Conduct Authority.

Read more news about Trading 212:

About the Author: Arnab Shome
Arnab Shome
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 7213 Articles
  • 130 Followers

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