Coinbase has launched 24/5 U.S. stock trading for eligible UK users, offering zero-commission access to nearly 4,000 equities with fractional investing starting at £1. Enabled by a July 2026 FCA investment services authorization, the rollout allows users to fund trades using GBP or USDC directly. This launch marks a key milestone in Coinbase's 'Everything Exchange' strategy, consolidating traditional and digital assets to compete with platforms like eToro ahead of the UK's October 2027 crypto regulatory framework.
Coinbase UK stock trading launch
- ▪Coinbase UK stock orders are routed to Apex Clearing in the United States for execution and custody.
- ▪Coinbase began rolling out 24/5 trading in nearly 4,000 U.S. stocks to eligible UK users on August 6, 2026.
- ▪Coinbase UK stock trades carry zero commission, support fractional shares starting at £1, and can be funded with British pounds or USDC.
FCA investment services authorization
- ▪Coinbase secured a MiFID-equivalent investment services authorization from the UK Financial Conduct Authority in July 2026.
- ▪The Financial Conduct Authority authorization allows Coinbase to offer traditional equities, derivatives, stablecoin payments, savings, and borrowing products in the UK.
Coinbase UK product expansion strategy
- ▪Coinbase launched a GBP savings account offering 3.75% AER with FSCS protection through ClearBank in November 2025.
- ▪Coinbase introduced a crypto-backed borrowing product in the UK through the DeFi protocol Morpho in April 2026.
- ▪Coinbase's UK stock launch is part of its 'Everything Exchange' strategy to consolidate crypto, equities, derivatives, savings, and borrowing into a single app.
Multi-asset platform competition
- ▪Unlike Coinbase, competitor eToro offers social and copy-trading features but has not historically prioritized securing regulatory approvals before product launches.
- ▪Coinbase UK competes in the multi-asset retail trading market against platforms such as eToro, Freetrade, Hargreaves Lansdown, and Trading 212.
UK crypto regulatory timeline
- ▪The Financial Conduct Authority's authorization gateway for the new UK crypto regime is scheduled to open in September 2026.
- ▪The UK's comprehensive crypto regulatory framework is expected to take full legal effect in October 2027.
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