Interactive Brokers Launches Cryptocurrency Trading in Hong Kong

Cryptocurrency commissions are a low 0.20% - 0.30% of trade value
BusinessWireFebruary 14, 20235 min

Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced its launch of cryptocurrency trading in Hong Kong, enabling Professional Investor clients of Interactive Brokers Hong Kong to trade Bitcoin (BTC) and Ethereum (ETH). Eligible clients including individuals with over HKD 8 million in investable assets or institutions with assets greater than HKD 40 million who are residents of Hong Kong, can now trade cryptocurrency alongside other asset classes available on the Interactive Brokers platform creating a unified client experience.

Cryptocurrency trading through Interactive Brokers Hong Kong is powered by OSL Digital Securities and has low commissions of just 0.20% – 0.30% of trade value, depending on monthly volume, with a USD 2.25 minimum per order, with no added spreads or markups. The launch of these services comes at a pivotal moment in the evolution of the regulated digital asset landscape in Hong Kong. Investors are showing a growing interest in digital assets and this collaboration is poised to make a significant impact on the Hong Kong digital asset market.

“Investor demand for digital assets continues to grow in Hong Kong and around the world, and we are pleased to introduce cryptocurrency to address the trading objectives of clients in this important market,” said David Friedland, Head of APAC at Interactive Brokers. “Eligible clients will benefit from our low costs and the ability to trade crypto alongside many other global products from a single unified platform.”

Trading cryptocurrency and other asset classes previously required investors to use multiple trading platforms from different brokers and exchanges. Cryptocurrency trading on the Interactive Broker’s platform, however, allows investors to transact and view balances through a single platform that provides a unified view. Interactive Brokers’ clients benefit from the convenience of centralized cash management and can trade Bitcoin and Ethereum plus stocks, options, futures, bonds, event contracts, mutual funds, and ETFs from a single screen.

“We are excited to bring our expertise in the digital asset space to the market through these initiatives. The launch of regulated digital asset trading services marks the inception of a transformative process in the digital asset market,” said Hugh Madden, CEO at BC Group and OSL. “We eagerly anticipate the emergence of additional market alliances that will drive growth and increase market share.”

Interactive Brokers launched cryptocurrency trading in Hong Kong in collaboration with OSL Digital Securities, the world’s first Type 1 and 7 Securities and Futures Commission (SFC)-licensed digital asset brokerage and trading platform for professional investors.

For more such Updates Log on to Follow us on Google News Fintech News


Leave a Reply

Your email address will not be published. Required fields are marked *


We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications

FintecBuzz, 2023 © All Rights Reserved