Best crypto exchanges in the UK (2026): FCA registered only

Crypto exchange rules in the UK, checked 26 October 2026

Only FCA-registered exchanges appear on this page. A crypto exchange that serves UK customers must be registered with the Financial Conduct Authority (FCA) under the money laundering rules. This has applied since 10 January 2020. Crypto promotions to UK consumers must follow the FCA rules that started on 8 October 2023. A full licensing regime is due on 25 October 2027, and firms can apply from 30 September 2026 (FCA).

The FCA says: "Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong." Registration is only an anti money laundering check. It does not give you Financial Ombudsman or FSCS protection.

How this page is ordered. The ranking below shows the 5 exchanges we cover that hold FCA registration for the UK, ordered by CoinGecko trust rank, the same rank we use on every ranking page. Licence status comes first: an exchange that is not on the register is not listed, whatever its size and whether or not it is a partner. The licensed entity, the regulator and the date for each one are in the licence record lower on this page. If you want a shortlist by fees and features instead, the Exchange Finder applies the same licence rule. Because of the UK promotion rules, this page carries no partner links: every button leads to our review.

Not listed, and why. The FCA warning list names MEXC (22 March 2024), HTX (8 October 2023) and BitMart (6 September 2024). It says XT.com is not authorised and may be targeting people in the UK (25 March 2025). In February 2026 the FCA began court action against HTX for illegal crypto promotions. Gemini is still on the register but closed all UK accounts on 6 April 2026. Binance, Bybit, OKX, KuCoin, Bitget, Bitvavo, Gate and the other exchanges we cover are not on the register, or exclude the UK in their terms.

How to check any exchange yourself: look for the company on the FCA list of registered cryptoasset firms and search the FCA warning list. Match the company name and the website, because clone firms copy real names.

See every exchange and country we have checked in our crypto exchange licence tracker, with the data to download.

Sources: FCA register of cryptoasset firms and FCA warning list, checked 29 September 2026 and re-read 26 October 2026. FCA press release of 10 February 2026. Gemini.

Compare crypto exchanges by licence, fees and features

Overview

Updated · Rankings data refreshed (CoinGecko)

This page lists the 5 exchanges we cover that hold FCA registration for the UK, in trust-rank order, with the licensed entity, the regulator and the date for each one. The top of the list is Coinbase, Kraken, Bitstamp. Use the comparison tool to set any two or three of them side by side on fees, coins and funding, and the rules block above to see who is not listed and why. Deposits in pound sterling are covered lower on the page. Trading crypto involves risk; nothing here is financial, legal or investment advice.

Exchange of the Month

The top 5 licensed crypto exchanges in the UK

At a glance

#ExchangeTrust rank24h volumeFoundedMarkets
1Coinbase Exchange#1$1.51B2012Spot, Derivatives
2Kraken#2$1.60B2011Spot, Derivatives
3Bitstamp#7$240.7M2011Spot
4Crypto.com Exchange#9$692.5M2019Spot, Derivatives
5CEX.IO#68$61.6M2013Spot, Derivatives

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Comparison Results

How We Pick These Exchanges

Licence first. This page lists only the 5 exchanges we cover that hold FCA registration for the UK, in CoinGecko trust-rank order. An exchange that is not on the register is left out whatever its size, and whether or not it is a partner. The licence record for each one is in the table lower on this page.

The exchanges on this page are chosen and ranked using ExchangeCatalogue’s independent review framework – we look at security, regulation, fees, products, user experience, and overall fit for this specific use case or region.

Some platforms may be our partners, but no exchange can pay to change its score or ranking. Sponsorship can affect visibility (for example, “featured” labels), not how we rate risk or quality.

This page is for information only and is not financial or investment advice. Always do your own research.

See our Affiliate & Advertising Disclosure, Methodology and Risk Disclosure for full details.

Frequently Asked Questions

Focus on fit, access, and controls. Check whether the platform is registered with the UK financial regulator for anti‑money‑laundering supervision. Review supported coins, order types, and payment options that work for you. Compare fee pages for trading, deposits, withdrawals, and currency conversion. Look for clear security features such as two‑factor login, withdrawal allowlisting, and cold storage practices. Test the app or web platform for ease of use and support response. You can start with a small amount to learn the process. This is general information only.

Most platforms serving the UK support local bank transfers, debit cards, and sometimes e‑money services. Bank transfers often suit larger moves and can help avoid card issuer limits. Cards may be faster to set up but can include extra processing or cash‑advance‑style charges from your bank. Some services let you hold pounds and convert when you trade, which can reduce repeated currency conversion. Always confirm the name on the account matches your own, and follow the platform’s verification steps before sending funds.

You may see several fee types: trading fees on each order, spreads built into prices, deposit and withdrawal fees, blockchain network fees when moving coins, and currency conversion charges when switching between pounds and other currencies. Some platforms also apply account or inactivity fees. Fee structures vary by payment method, order type, and asset. Review the platform’s fee schedule and disclosures before you trade or transfer. Consider both headline trading fees and the total cost, including spreads and funding or withdrawal charges.

In the UK, firms that exchange or custody crypto typically need to register for anti‑money‑laundering supervision with the national regulator. This focuses on checks such as customer verification and monitoring for suspicious activity. Consumer marketing rules also apply to how services present information and risks. Regulation evolves, and different activities can fall under different rules. Before using a platform, review its disclosures, registration status, and how it handles complaints and incident reporting. This page provides general information only and is not legal or financial advice.

Use a strong, unique password and enable two‑factor authentication with an authenticator app. Turn on withdrawal allow‑listing so funds can move only to approved addresses. Keep your device and email secure, and watch for phishing messages or fake support contacts. Avoid sharing screenshots or codes. For longer‑term holding, consider self‑custody with a reputable wallet and keep your recovery phrase offline and private. Test small transfers first when using a new wallet or network. Review the platform’s security page and incident history. For more tips on protecting yourself, see how to stay safe from crypto scams and cyber threats.

Of the exchanges we cover, Bitstamp, CEX.IO, Coinbase, Crypto.com and Kraken hold FCA registration for the UK on 26 October 2026. The ranking on this page shows them in trust-rank order, and the licence record lists the entity, the regulator and the date for each one. Other licensed firms exist that we do not review yet; the register linked in the rules block at the top of this page has the full list.

Binance is not on the FCA register of cryptoasset firms, so it is not on this page. The FCA register and warning list are the places to check any firm that approaches you, and clone firms often copy the names of real ones.

The FCA can order the firm to stop serving UK customers, as it did with court action against HTX in 2026, and you have no route to the Financial Ombudsman. Your bank may block the transfer, and promotions from an unregistered firm are illegal, so an offer you see from one is itself a warning sign.

This page lists only the 5 exchanges we cover that hold FCA registration for the UK, in CoinGecko trust-rank order. See the crypto exchange licence tracker for every licence we check, our Q4 2026 licence gap report for the numbers across 40 countries, or more rankings and lists.

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Using a crypto exchange in the UK: what to know

Paying in pound sterling (GBP)

Faster Payments bank transfers and debit cards are the usual rails; some UK banks limit or block payments to crypto firms, and credit card purchases are often refused. English, with UK-specific support teams at the registered firms. Deposit limits and processing times depend on the method and on your verification level, and the name on your bank account must match the name on your exchange account.

What FCA registration gives you, and what it does not

FCA registration is an anti money laundering check on the firm, not authorisation of its crypto services. It gives you no Financial Ombudsman Service or FSCS protection, and the FCA does not approve the products. The financial promotion rules do give you a 24-hour cooling-off period on your first investment with a firm, risk warnings and a ban on referral bonuses.

Tax at a glance

The UK taxes crypto gains under capital gains tax at 18 percent or 24 percent depending on your income band, above an annual exempt amount of 3,000 pounds; HMRC also receives exchange data under the OECD reporting rules from 2026. The authority is HM Revenue and Customs. Rules change often, so confirm the current rate and your reporting duties before you file. This is general information, not tax advice.

Licence record for the exchanges on this page

Every exchange in the ranking, in A to Z order, with the entity that holds the licence, the authority and the date. The record comes from the registers named in the rules block at the top of this page and is refreshed when the weekly register check reports a change.

ExchangeLicensed entityLicensed or registered bySinceReference and notes
BitstampBitstamp UK Limitedthe FCA2023-06-13FRN 978690. Registered under the UK money laundering rules
CEX.IOCEX.IO Markets UK LTDthe FCA2026-03-11FRN 1007192. Registered under the UK money laundering rules
Coinbase ExchangeCB Payments Ltdthe FCA2025-02-03FRN 900635. Registered under the UK money laundering rules
Crypto.com ExchangeFORIS DAX UK LIMITEDthe FCA2022-08-16FRN 941745. Registered under the UK money laundering rules
KrakenPAYWARD LTD.the FCA2021-11-23FRN 928768. Registered under the UK money laundering rules

Licence record checked 26 October 2026. This page carries no partner links because of the UK financial promotion rules.