Crypto leverage trading has become a notable trend in the UK’s financial market, offering you the opportunity to amplify your trading positions in the volatile world of cryptocurrency. As of 2025, numerous platforms provide the tools and features necessary to engage in margin trading, each offering unique benefits and different levels of leverage to fit your trading strategy and risk tolerance.
In this comparison and review, we delve into the best crypto margin trading platforms available in the UK, aiming to help you navigate the complexities of leveraged trading. You will learn about the leading platforms like Bybit, BingX, Phemex, Binance, Bitget, Kraken, DYDX, GMX, Deribit, PrimeXBT, and CEX.io, evaluating their services, fees, ease of use, and regulatory compliance. With this information, you can make informed decisions when selecting a platform that best suits your trading needs.
Where can we leverage crypto trade in the UK?
#1. Bybit
Bybit, launched in March 2018, is a cryptocurrency derivatives exchange that has swiftly made a name for itself in the UK’s trading landscape. Focusing on providing a user-centric platform, Bybit is appreciated for its highly liquid marketplace and state-of-the-art matching engine which supports up to 100x leverage on trades.
Crypto Leverage Trading Fees Of Bybit
| Trading Fees | Maker: -0.025% | Taker: 0.075% |
Bybit’s fee structure is competitive, encouraging traders to engage in the market by offering a maker rebate and a modest taker fee.
Pros and Cons of Bybit
Pros:
- Low Fees: Bybit provides a maker rebate and low taker fees, making it an economical choice.
- High Liquidity: Ensures smooth trade execution without significant price impact.
- High Leverage: Opportunities to trade with up to 100x leverage.
- Cryptocurrency Variety: Supports trading for major cryptocurrencies like BTC, ETH, ADA, and more.
- Rewards/Bonuses: Offers various incentives to boost trading activity.
- User Interface: Features a user-friendly interface accommodating novice and experienced traders.
- Mobile App: A robust mobile app makes trading accessible on the go.
- TradingView Integration: Delivers advanced charting for in-depth market analysis.
- Advanced Order Types: Includes tools for precise risk management such as stop-loss and take-profit orders.
Cons:
- No Fiat Transactions: Bybit doesn’t support direct fiat deposits or withdrawals.
- KYC Restrictions: Certain activities require completing KYC procedures.
- Limited Support Channels: Customer support may not cover all preferred communication methods.
Traders’ feedback underscores Bybit’s reputation as a reliable platform, noting successes in quick trade execution and the use of advanced risk management features. The testimonials often reflect positive outcomes, highlighting the platform’s efficiency and user-friendly experience.
Bybit emerges as a suitable choice for UK crypto margin traders looking for robust features and a transparent trading environment. Its cutting-edge technology and competitive fees make it one of the attractive venues for leverage trading in the cryptocurrency market.
#2. BingX
BingX, established in 2018, is a crypto social trading exchange that has carved a niche for itself in the crypto margin trading market in the UK. It offers a seamless blend of spot and derivatives trading services, cementing its position as a platform that caters to various trading preferences. Known for its user-friendly approach, BingX aims to connect users with smart cryptocurrency trading strategies effortlessly.
When considering BingX for your trading needs, it’s important to weigh up the advantages and drawbacks:
Pros:
- Ease of Use: The platform is designed to be intuitive, which is great for both beginners and seasoned traders.
- Payment Options: Supports fiat and card payments, providing flexibility in fund management.
- Trading Features: Offers innovative features like copy trading and grid trading.
- Cryptocurrency Support: You have access to over 700 coins, including popular options such as BTC, ETH, SHIB, and SOL2.
- Fees and VIP Discounts: Attractive low fee structure with further discounts available for VIP members.
- Accessibility: Available on both mobile app and web3 browser, enhancing trading on-the-go.
Cons:
- Leverage Limits: Offers a maximum leverage of only 10x, which may not satisfy all traders seeking higher leverage options.
- Customer Support: Customer support options are somewhat limited.
- Advanced Trading Tools: The absence of advanced order types and risk management tools might deter professional traders.
Crypto Leverage Trading Fees:
BingX’s fee structure is competitive within the industry, keeping costs low for traders while maintaining quality service.
Crypto margin traders who have engaged with BingX share various experiences and feedback. While some praise the platform for its straightforward design and robust features, others point out the need for higher leverage and more sophisticated trading tools.
Your choice to use BingX for crypto margin trading in the UK should be informed by your individual trading needs and preferences. Its simplicity and innovative features make it a solid choice, particularly if you’re looking for a platform that supports an extensive range of cryptocurrencies and values ease of use.
#3. Phemex
Phemex is recognized as a competitive platform in the crypto leverage trading space, particularly within the UK market. Launched in 2019, it has swiftly positioned itself as a notable option for traders seeking leverage options. It distinguishes itself by offering leveraged trading up to 100 times the initial investment amount on popular cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH), alongside a broad selection of over 50 altcoins.
Pros:
- Variety of Trading Options: Phemex supports both spot and derivatives trading.
- High Leverage: Traders can access up to 100x leverage.
- Extensive Cryptocurrency Support: It encompasses BTC, ETH, and a wide array of altcoins.
- Competitive Fees: The platform has low fees, and even offers zero-fee spot trading.
- Additional Financial Services: Traders can benefit from a crypto savings account and a prediction market to diversify their trading strategies.
- Accessibility: Phemex can be accessed via a mobile app and an API for on-the-go trading and automated strategies.
- Security: Strong security systems are in place including a proof-of-reserves mechanism to ensure traders’ funds are safe.
Cons:
- No Fiat Support: Phemex does not handle fiat deposits or withdrawals.
- KYC Requirements: Some features necessitate KYC verification.
- Customer Support: The platform may have limited customer support options.
- Lacking Features: Some traders may find the absence of a web3 browser or a launchpad limiting.
Trade Fees:
| Trade Type | Fee Structure | Notes |
| Spot Trading | Zero-fee for Premium Members | Attractive for frequent traders |
| Derivatives Trading | Competitively low fees | Encourages high-volume trading |
Traders’ feedback on Phemex often highlights the platform’s reliability and user-friendly interface. For example, a crypto margin trader from the UK reported consistent positive experiences with the platform’s execution speed and comprehensive charting tools.
When considering Phemex for your crypto margin trading ventures in the UK, its features—ranging from leverage options to security measures—paint it as a compelling choice. While the absence of fiat handling and certain features may present drawbacks for some, the platform’s strengths in other areas might make it a suitable match for your trading needs.
#4. Binance
Binance, founded in 2017, has quickly risen to become the world’s largest and most popular cryptocurrency leverage exchange. Known for its high liquidity and low fees, it supports a variety of trading options including over 350 coins like BTC, ETH, BNB, and DOGE. For those interested in leverage trading, Binance offers up to 125x leverage on certain trading pairs, positioning itself as a robust platform for experienced traders in the UK.
Pros:
- Offers a broad range of products including spot, futures, options, staking, and lending.
- High liquidity ensures easy entry and exit from positions.
- Competitive fee structure for leverage trading.
- Provides additional services like NFT marketplace and launchpad.
- Accessible via a user-friendly mobile app, web3 browser, and API integration.
Cons:
- Amidst high scrutiny, Binance has faced regulatory challenges in the UK.
- Mandatory KYC verification may be required for accessing certain features.
- Platform’s security has been compromised in the past leading to outages.
- New users may find the interface complex and overwhelming.
Crypto Leverage Trading Fees:
Binance’s fee structure for leverage trading is designed to be competitive. Peer-to-peer (P2P) trading comes with zero fees, while spot trading starts at a 0.1% fee, potentially decreasing for users who hold Binance’s native token (BNB) or have higher monthly trading volumes.
Users like you who leverage trade on Binance often comment on the platform’s comprehensive ecosystem, citing experiences that range from quick trade execution to the benefits of the Binance Earn feature for accumulating extra yield on crypto assets.
In conclusion, Binance’s extensive offerings make it a compelling option for crypto margin trading. Your due diligence is imperative, as navigating the pros and cons is essential to fully leveraging Binance in the UK’s leverage trading market.
#5. Bitget
Bitget is a renowned cryptocurrency exchange that gained visibility for offering leveraged crypto trading options. Founded with a clear focus on providing advanced trading features, Bitget stands out for its comprehensive margin trading capabilities. The exchange facilitates leveraged trading up to 150x, catering to both novice and experienced traders within the UK’s crypto community.
Features of Bitget:
- High leverage: Offers up to 150x leverage on various cryptocurrency pairs.
- Extensive Asset Range: Supports Bitcoin (BTC), Ethereum (ETH), and over 500 altcoins.
- User Experience: Provides a user-friendly interface and a dedicated mobile application for trading on the go.
- Advanced Trading Options: Features like copy trading and grid trading are available.
- Security: Emphasizes security with multi-signature wallets and a 300M USDT Protection Fund for added safety.
Pros:
- Competitive Fees: Charges a flat fee of 0.04% for both makers and takers.
- Copy Trading: Allows traders to emulate the strategies of successful peers.
- Asset Variety: Over 500 altcoins available for trading.
Cons:
- Fiat Transactions: Does not support fiat currency deposits or withdrawals.
- KYC Requirements: Mandates KYC verification for accessing certain trading features.
- Customer Support: Limited customer support channels may affect resolution times.
- Web3 & Launchpad: Lacks integrated web3 browser and platform-specific launchpad.
Crypto Leverage Trading Fees:
Bitget’s leverage trading is subject to a flat fee structure of 0.04%, positioning it as a cost-effective choice among UK crypto exchanges.
Traders have shared feedback appreciating the exchange’s robust security measures, diverse trading instruments, and the simplicity of its interface. However, some have noted the limitations regarding fiat transactions and the necessity of KYC for full feature access.
Your choice to use Bitget for margin trading in the UK could be a favorable one, considering the low fees, variety of cryptocurrencies, and high leverage offered. Despite the absence of certain features and fiat support, Bitget provides tools and services that can suit your leverage trading needs effectively.
#6. Kraken
Founded in 2011, Kraken stands as one of the longest-standing players in the world of cryptocurrency exchanges. Its reputation for providing a secure and comprehensive trading experience has been built up over the years, making it a reliable choice for leverage trading in the UK. You’ll find a robust set of features such as fiat deposits and withdrawals, the option for up to 50x leverage on certain trades, and support for a wide variety of cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH), as well as over 50 altcoins.
Pros of using Kraken:
- Reputation: Trusted by traders globally due to its longstanding presence.
- Fiat Support: Offers ease of use with fiat deposits and withdrawals.
- Leverage Options: Provides up to 50x leverage on certain trading pairs.
- Low Fees: Competitive fees with a tiered structure to benefit high-volume traders.
- Advanced Tools: Features advanced order types and risk management instruments.
- Accessibility: Accessible through mobile app and API for on-the-go and custom trading solutions.
Cons of using Kraken:
- Interface: Some users find the interface outdated and less intuitive.
- KYC Verification: Mandatory verification can be cumbersome for some features.
- Past Issues: Has had previous security breaches and performance outages.
- Lacks Web3 and Launchpad: No built-in web3 browser or token launch platform.
Crypto Leverage Trading Fees Of Kraken
Fees are critical in margin trading, and Kraken offers a charging scheme that is relatively low and predictable. When you open a margin trading position, you are typically charged between 0.01% and 0.02%. Note that fees may vary based on the margin pair you’re trading, and rollover fees of the same amount are incurred every 4 hours the position remains open.
Feedback from users often highlights Kraken’s track record, reasonable fees, and the array of tools available as key benefits. They appreciate the exchange’s diligence in terms of security and the suite of advanced options for managing trades. Though some point to the steep learning curve associated with its interface, users generally feel confident in their trading due to the platform’s underlying stability and reliability.
When considering crypto margin trading in the UK, Kraken does bring a lot to the table. While accommodative for both novice and seasoned traders, it offers you a secure environment bolstered by a history of trust. Solidifying its appeal, the exchange’s competitive fees, diverse crypto offerings, and powerful trading tools make it a worthy platform for your leverage trading activities. While Kraken is known as the best leverage trading platform in the USA, it also serves other regions effectively.
#7. DYDX
DYDX is a cutting-edge decentralized platform specifically designed for cryptocurrency traders seeking leverage trading options. Originating as a leader in decentralized finance (DeFi), DYDX operates on a layer-2 scaling solution, fostering a secure, fast, and cost-efficient trading environment without the typical blockchain congestion.
Features and Reputation:
- Decentralized: Operates as a non-custodial exchange, ensuring you retain control of your funds.
- Scalability: Utilizes layer-2 technology for rapid and cost-effective transactions.
- Supported Assets: Offers popular cryptocurrencies like BTC, ETH, SOL, among others.
- Leverage: Enables trading with up to 25x leverage to amplify your trading capabilities.
- Native Token & Governance: Features the DYDX token, granting you a voice in its governance protocol.
- Interface: Provides a user-friendly experience accessible via a web interface or mobile app.
- Wallet Integration: Seamlessly connects with MetaMask and a range of other wallets.
Pros:
- Zero gas fees and trading fees.
- Non-custodial and built on Ethereum for enhanced security.
- Comprehensive asset support and trading options.
Cons:
- No support for fiat currency deposits or withdrawals.
- KYC verification can be necessary for certain trading functionalities.
- Limited channels for customer support.
- Absence of web3 browser capabilities and a launchpad feature.
Crypto Leverage Trading Fees:
DYDX stands out for its competitive fee structure, with zero gas fees and zero trading fees, thus streamlining the cost of transactions for traders.
Feedback from traders underscores DYDX’s proficiency in easing the margin trading process with its user-centric design and powerful features. However, the platform may not be as approachable for traders looking to interact with fiat currencies directly or those who require extensive customer support.
Your choice of a leverage trading platform should align with your needs for decentralization, security, and advanced trading capabilities. DYDX caters to these preferences efficiently, positioning it as a commendable platform for crypto margin trading in the UK.
#8. GMX
GMX is considered an innovative exchange platform in the realm of cryptocurrency leverage trading, especially within the UK market. Established to cater to traders who prefer to retain full control of their funds, GMX allows you to trade major cryptocurrencies such as BTC and ETH as well as a selection of other top cryptocurrencies with significant leverage.
Features of GMX:
- Supported Assets: Trade BTC, ETH, AVAX, and over 300 altcoins.
- Leverage: Offers up to 100x leverage for trading.
- Fees: Competitive fees structure with additional discounts for VIP members.
- Incentives: Rewards available in the platform’s native $GMX token.
- Accessibility: A mobile app and a web3 browser for on-the-go trading.
Pros:
- Innovative platform integrating services like a webmail system, cloud storage, and an online office suite.
- Low trading fees.
- Up to 100x leverage which can amplify potential profits.
- Reward system using $GMX token incentivizing trading and liquidity provision.
Cons:
- Lacks support for fiat deposits and withdrawals which might limit ease of onboarding for some users.
- KYC verification necessary for certain functionalities, impacting anonymity.
- Limited customer support options could affect the user experience during high-demand periods.
- Absence of advanced order types and risk management tools.
Crypto Leverage Trading Fees:
GMX has established a competitive fee structure for leverage trading. While specific figures vary, the platform is known for its low trading costs. Additionally, VIP members benefit from fee discounts, further reducing the cost of trading on the platform.
Users of GMX have shared varied feedback, with many appreciating the platform’s innovative features and reward system. High-leverage trading capabilities paired with a user-friendly interface make it an appealing choice for traders focusing on cryptocurrency margin trading in the UK. It’s essential to assess the platform’s fit for your trading needs carefully.
Your thorough consideration of GMX’s provisions for leverage trading can inform whether it aligns with your investment strategy and risk profile. Despite certain limitations, GMX presents itself as a potentially solid option for cryptocurrency margin trading.
#9. Deribit
Deribit emerged as a notable player in the crypto derivatives market, focusing predominantly on options and futures contracts for Bitcoin and Ethereum. Since its inception, Deribit has established a reputation for offering substantial leverage, up to 100x for traders who wish to amplify their market exposure.
Pros of Deribit:
- Specialization in crypto options and futures.
- BTC and ETH support.
- Up to 100x leverage, facilitating significant trading flexibility.
- Competitive fees with maker rebates.
- Crypto savings account and prediction market.
- Mobile app availability for trading on the go.
- API support for automated trading solutions.
- Robust security with proof-of-reserves audits.
Cons of Deribit:
- No support for fiat deposits or withdrawals.
- KYC verification required for accessing full features.
- Limited customer support channels.
- Absence of web3 browser and launchpad features.
Crypto Leverage Trading Fees:
| Trading Products | Maker Fee | Taker Fee |
| Futures | 0.02% | 0.05% |
| Options | 0.03% | 0.03% |
Traders in the UK have expressed appreciation for Deribit’s sophisticated platform, highlighting the robustness and low-latency trading environment as key advantages. However, some note the inconvenience of no direct fiat integration which requires them to use other services for fiat conversions.
Your choice of Deribit for crypto margin trading in the UK could be a sagacious decision, taking into account the high leverage options, low fee structure, and advanced trading features aimed at both casual and serious traders. The cons may impact your experience based on your trading preferences and requirements for fiat transactions.
Read More: What Are Crypto Leveraged Tokens?
#10. PrimeXBT
Established in 2018, PrimeXBT has quickly become a noted platform for crypto leverage trading in the UK. Offering a robust trading environment, it allows you to engage with a variety of markets including cryptocurrency, forex, commodities, and indices. Its reputation for high leverage and low fees makes it a significant player in the trading community.
Pros of PrimeXBT:
- Multi-Asset Platform: Access to crypto, forex, commodities, and indices.
- Cryptocurrency Support: Trade with Bitcoin (BTC), Ethereum (ETH), and over 50 other altcoins.
- High Leverage: Up to 100x leverage on various instruments.
- Competitive Fees: Low trading fees with a tiered structure.
- Additional Features: Offers a crypto savings account and prediction market.
- Accessibility: Mobile app and API for on-the-go and custom trading.
- Security: Robust system with proof-of-reserves.
Cons of PrimeXBT:
- Fiat Transactions: No support for fiat deposits or withdrawals.
- KYC Verification: Necessary for specific functionalities.
- Customer Support: Limited options available.
- Platform Offerings: Lacks a web3 browser and launchpad.
Crypto Leverage Trading Fees:
PrimeXBT distinguishes itself with a competitive fee structure that includes a maker fee of 0.01% and a taker fee of 0.05%.
Actual user experiences have reflected the platform’s operational efficiency and a broad asset variety. Testimonials often cite the seamless nature of executing trades and the platform’s reliability, with the high leverage being a consistent highlight.
In sum, for your crypto margin trading needs in the UK, PrimeXBT offers a compelling blend of features, security, and asset variety that cater well to the diverse demands of traders.
#11. CEX.io
CEX.io is an established cryptocurrency exchange platform that has been operational since 2013. Originating in London, it is recognized for providing a variety of crypto-related services including leverage trading. Its reputation within the UK for crypto margin trading is cemented by its regulatory adherence, holding a licence for operations and extending its services to over 200 countries.
As a platform, CEX.io supports direct fiat deposits and withdrawals, simplifying the process for traders. When it comes to leverage trading, you can benefit from up to 100x leverage on a variety of assets including Bitcoin (BTC), Ethereum (ETH), and more than 20 other altcoins. It’s known for competitive low fees and even provides a maker rebate.
Pros:
- Regulated and licensed
- Operates in over 200 countries
- Supports fiat transactions
- Offers up to 100x leverage
- Supports BTC, ETH, +20 altcoins
- Low fees and a maker rebate
- Crypto savings account
- Prediction market
- Mobile app and API access
Cons:
- KYC verification required for certain features
- Limited customer support channels
- No web3 browser
- No launchpad facility
Crypto Leverage Trading Fees Of CEX.io
CEX.io’s fee structure for crypto leverage trading is designed to be transparent and trader-friendly. While specific fees may vary based on the market condition and the order type, they are typically known to be on the lower end compared to other platforms.
Users of CEX.io share varied experiences; however, many margin traders appreciate the platform’s intuitive interface and the responsive mobile app that allows trading on the go. Traders have also found the prediction market to be an exciting feature that complements traditional trading activities.
In summary, for those seeking a reliable and regulated environment for crypto margin trading in the UK, CEX.io could be considered a strong candidate. It balances a sophisticated trading environment with accessibility for both novice and experienced traders.
Main Criteria To Choose a Crypto Leverage Trading Platform in UK
When you’re selecting a crypto leverage trading platform in the UK, it’s important to evaluate a number of key factors to ensure you make an informed decision:
- Security: Strong security measures are paramount. Look for platforms that implement features such as two-factor authentication (2FA), cold storage for funds, and insurance against hacks.
- Liquidity: High liquidity means easier execution of trades at your desired prices. Platforms with greater liquidity usually provide better price discovery and minimize the risk of slippage.
- Fees: Be aware of the fees charged by platforms, which can include trading fees, overnight financing costs, and withdrawal fees. Lower fees can significantly impact your long-term trading profitability.
- Leverage Options: Different platforms offer varying levels of leverage. Ensure the leverage provided aligns with your trading strategy and risk tolerance.
- Supported Coins: The number of cryptocurrencies available for leverage trading can vary. Wider asset selection allows for more diverse trading opportunities.
- User Experience: A user-friendly interface with reliable customer support can enhance your trading experience, especially in fast-paced leverage trading.
- Regulations: Choose platforms regulated in the UK, which ensures compliance with local laws and may provide a level of investor protection.
Understand your needs and research diligently to find a platform that aligns with your criteria for successful crypto leverage trading.
Read More: How to Calculate Crypto Leverage?
Frequently Asked Questions
In this section, you’ll find reliable insights into some of the most common queries regarding crypto leverage trading in the UK.
What are the top-rated crypto leverage trading platforms suitable for UK traders?
For UK traders seeking reputable leverage trading platforms, Avatrade stands out for its broad asset selection and strong security measures. Additionally, Trade Nation caters to those who prefer regulated trading without a minimum deposit, offering leverage up to 1:30 for retail clients in the UK.
Which platforms offer the highest leverage for cryptocurrency trading in the UK?
MEXC is noted for offering high leverage options, with the ability to trade crypto futures with up to 200x leverage. However, for retail consumers in the UK, the maximum permissible leverage is capped at 1:30.
How do I trade crypto with leverage in the UK?
To trade crypto with leverage in the UK, you need to open an account with a leverage trading platform that adheres to local regulations. After depositing your funds, you can choose a crypto pair and select the desired leverage amount, keeping in mind the maximum leverage limit set by UK regulatory standards.
Is crypto leverage banned in the UK?
Crypto leverage trading is not banned in the UK, but it is heavily regulated. Retail traders are limited to a maximum leverage of 1:30 to help protect against the significant risks associated with high leverage trading. It’s essential to trade through platforms that comply with these regulations to ensure your activities are lawful.
Conclusion
When considering leverage trading of cryptocurrencies in the UK, it’s indispensable to choose a platform that aligns with your investment goals and experience level. In 2025, platforms like Bybit, BingX, Phemex, Binance, Bitget, Kraken, DYDX, GMX, Deribit, and PrimeXBT have been recognized for their capabilities and services.
Each platform offers a unique blend of features:
- Bybit: Known for user-friendly interface and strong liquidity.
- BingX: Offers social trading features.
- Phemex: Popular for its zero-fee spot trading.
- Binance: The largest exchange globally with a comprehensive range of tools.
- Bitget: Focused on both spot and futures trading.
- Kraken: Stands out for its security and regulatory compliance.
- DYDX: Decentralized platform for advanced traders.
- GMX: Offers low trading fees and is easy to use.
- Deribit: Specializes in derivatives and options trading.
- PrimeXBT: Provides a variety of trading instruments.
Your choice should be informed by factors such as security, fees, user experience, and the range of available tools.
You have the opportunity to engage in crypto margin trading on these platforms. Registration is straightforward, allowing you to begin trading expediently. Remember, leverage trading entails risks, and it’s crucial to approach it with diligence. If you’re ready to start, sign up on one of the mentioned platforms and embark on your trading journey.
