Trading.com, the sister brand of CFD broker XM.com, has obtained a Markets in Crypto-Assets Regulation license from the Cyprus Securities and Exchange Commission, joining eToro, Revolut, and Capital.com in securing MiCA compliance. The approval enables Trading.com to offer physical cryptocurrency services and related products exclusively within European Union markets, marking a strategic expansion beyond the crypto CFDs already available to its European clients.
The company positions this move as part of its long-term European growth strategy, responding to client demand for multi-asset access through regulated platforms. Trading.com operates in the UK and Australia but cannot offer crypto CFDs in Britain due to retail restrictions. The timeline for launching new crypto products remains undisclosed. This follows a broader industry trend, with Pepperstone launching a dedicated crypto exchange and IG Group adding physical crypto offerings through acquisitions.
FXnCO Insight
CFD brokers are accelerating their push into regulated crypto services within Europe, creating potential competitive pressure on traditional crypto-only platforms and signaling where institutional-grade crypto liquidity may concentrate.
Source: Finance Magnates