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- More than half of young UK investors trade cryptocurrencies, according to survey data from Charles Schwab UK.
- Meanwhile, just 25% invest in equities, raising concerns about high levels of risk-taking.
- Complex products such as contracts for difference are also more popular than shares, the survey found.
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More than half of young UK investors are trading cryptocurrencies, with 70% viewing the digital assets as a good investment, according to data from Charles Schwab UK shared exclusively with Insider.
The jump in popularity of assets such as bitcoin and ether means investors aged 18 to 37 in the UK are now far more likely to trade cryptocurrencies than shares. Just 25% of young UK investors held shares, with speculative products like crypto and contracts for difference more popular.
The online survey, which had 1,000 respondents, gives an insight into the amount of risk that young investors are…
