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ProRealTime - 502 Bad Gateway


FFS_Daytrader

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      10/06/21 10:53

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  • Posts

    • Hello @SillyMilly I think you are referring to purchasing crypto for holding, like people who buy gold or silver as a store of value, while @MongiIG and @ArvinIG are referring to the activity of "trading" since IG is a trading platform, i.e. for those who want to buy and sell assets as a mean to make a profit. In that sense they are right in pointing out that the FCA (the Financial Conduct Authority (UK)) which is the main governing body for the financial sector (I believe) has ruled against the activity of trading cryptocurrencies for non-professionals. I think perhaps due to the very risky nature of trading in crypto, which are prone to extreme volatility. Having said all that, you can purchase crypto through an exchange. I am not sure if there are any legal restrictions in the UK, but I doubt it. I suggest you do a Google search for "Crypto Exchanges UK". Good luck
    • Hi I would like to buy a few gold sovereign coins to keep for a couple of years or so then sell on later in the hope of beating hyper inflation I was told not to buy them online or mail order because the postage is very expencive and I was told to buy them in person I live in Manchester, UK. Surgestions please on where to look if considering buying. Buying somewhere that is safe so I know I am getting real gold and somewhere that dose not charge an extortion on broker fees? I was also told to avoid jewelers has there transaction fees where extortion   Thanks
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