global crypto finance Circle UK Trading Limited (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority. Circle UK Trading is focused on global crypto finance. The company offers e-wallet accounts, trading on crypto exchanges, cryptocurrency trading, advanced cryptocurrency trading, investing in crypto currencies, international payments to individuals, institutions. In 2023 Circle UK Trading Limited had total assets of 6.25 mln GBP, and generated net income of -282,856.00 GBP. During 2023 the company had 23 employees in average.
13 August 2024, by Anna Mileiko
TheBanks.eu has developed a proprietary methodology to assign ratings to payment institutions based on their operating environment, company background, business model, market niche, product range, transparency, customer support and customer sentiment. According to the methodology, Circle UK Trading Limited is assigned the overall rating 2.68 (average) which is explained in details below.
| Operating Environment | Very Friendly | (4.81) |
| Product Range | Narrow | (1.54) |
| Market Niche | Narrow | (2.29) |
| Company Background | Strong | (3.57) |
| Customer Support | Poor | (1.92) |
| Customer Sentiment | Bad | (1.54) |
| Transparency | Very High | (4.42) |
| Overall Rating | Average | (2.68) |
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TheBanks.eu has also identified the following pros and cons of the company:
Accelerate your global growth by accessing USD and Euro Coins
Circle Account is a single-currency account, allowing the account holder to have funds in only.
Payment cards are not offered together with Circle Account.
Circle UK Trading is not registered with the Financial Conduct Authority (FCA) as a crypro asset firm, but offers any crypto assets services.
From January 2020, firms carrying out specific cryptoasset activities in the United Kingdom need to comply with the amended Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (MLRs) and to register with the FCA.
Circle UK Trading Limited is not registered with the FCA as a crypro asset firm.
Circle UK Trading offers the following operations with cryptocurrencies:
Circle UK Trading conducts operations with all popular cryptocurrencies.
| GBP | 2022 | 2023 | change (%) |
|---|---|---|---|
| Total Assets | 6,353,105.00 | 6,253,543.00 | -1.57% |
| Turnover | 7,218,880.00 | 5,461,890.00 | -24.34% |
| Gross Profit | 7,218,880.00 | 5,461,890.00 | -24.34% |
| Net Income | -4,902,833.00 | -282,856.00 | -94.23% |
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 101 (+24) |  ALGBRA GROUP LIMITED | 0.02 % | 6.51 mln GBP (+194.28%) |
| 102 (-19) | Circle UK Trading Limited | 0.02 % | 6.35 mln GBP (-47.80%) |
| 103 (+4) |  Optimus Cards UK Limited | 0.02 % | 5.97 mln GBP (+43.40%) |
United KingdomCircle UK Trading Limited is authorized by the Financial Conduct Authority as a e-money institution (reference number 900480) for issuance of electronic money, placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, money remittance, execution of payment transactions via telecoms, IT system or network operator; the authorization was granted on 13 March 2018.
Circle UK Trading Limited is not a bank, it can't collect deposits from public or loan out its clients’ money. Hence, it does not have to participate in deposit guarantee schemes. However, Circle UK Trading is required to safeguard its customers’ money.
Since January 2021, Circle UK Trading Limited can not conduct its activities in EEA member states.
Circle UK Trading Limited is a SWIFT member.
131 Finsbury Pavement Circle UK trading Limited Wework, EC2A 1NT, London, United Kingdom
+44 2034570488EnglishCircle UK Trading has profiles on the following social networks:
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