Bitcoin brokers list
However this is why we want to let you know that all scams in this niche often use ostentatious claims to fool traders.
Top forex bonus list
They are not part of the licensed bitcoin brokers nor reliable at all. And that is why you should not be tricked with their offer. Above all, the revolutionary expert advisors are dubious because they don’t give a decent win rate. Most of them have an awful win rate which is way below the 50% mark.
Still they are advertised by their owners as the highest revolution that ever happened in the retail trading industry.
Best binary trading sites
Licensed bitcoin brokers list with the best platforms platforms. Today we will provide you with broker-dealer that have the quality you are looking for. Though, to find the legit cryptocurrency brokers with a licensed number, might be very challenging. This is because cryptocurrency has become one of the most lucrative online business that provide financial liberation unlike before. But the more cryptocurrency get popullar, the more scammers flood the online market. Therefore we dedicate our time to exposing these scammrs. And in this page, we give you the legit cryptocurency trading companies. We advice you to go ahead and choose from any of these regulated bitcoin brokers listed. Now check them out below and trust them. Remember, what we give you here is short review of bitcoin brokers usa worldwide. You can see more through the bellow link
Why you must choose from the list below
Above all, the revolutionary expert advisors are dubious because they don’t give a decent win rate. Most of them have an awful win rate which is way below the 50% mark.
Still they are advertised by their owners as the highest revolution that ever happened in the retail trading industry.
However this is why we want to let you know that all scams in this niche often use ostentatious claims to fool traders. They are not part of the licensed bitcoin brokers nor reliable at all. And that is why you should not be tricked with their offer.
On the same note, we are advising to traders who want to use licensed bitcoin brokers; binary options brokers; forex brokers/robots or some kind of training to look in the right places. However we spare you the rat race by searching for all expert advisors, then reviewing them and listing them down on a table. So do not panic because whatever you see here is noting but the true efforts with proven results to give you the bitcoin otc brokers.
Best online brokers for bitcoin trading
The best crypto exchanges for US bitcoin trading offer three essential benefits. The first, and most important, is robust security with two-factor authentication, cold storage, and integrated safe wallets. Second is a user-friendly website and platform. Third, they provide access to trading a variety of cryptocurrencies like bitcoin and ethereum.
In our assessment and ranking of cryptocurrency exchanges, we focused on traditional exchanges headquartered and regulated in the united states, as well as the incumbent online brokers in the US, which are expanding to offer bitcoin trading on top of regular stock trading (e.G. Buying shares of apple or google).
Best bitcoin trading platform
- Tradestation - best trading platform
- Coinbase - best crypto exchange
- Etoro - low fees
- Kraken - maker-taker fee schedule
- Bittrex - most altcoins
- Gemini - offers gemnini dollar
- Robinhood - best mobile app
Here's a breakdown of some of the best online brokers for US crypto trading.
Best trading platform - open account
promo offer: commission-free trades on stocks, etfs & options trades
As a trading technology leader, tradestation supports casual traders through its web-based platform and active traders through its award-winning desktop platform, all with $0 stock and ETF trades. Tradestation crypto allows you to buy, sell, and trade bitcoin, litecoin, ethereum, bitcoin cash and XRP. Tradestation crypto caters to both institutional and recreational clients. Read full review
Best crypto exchange
Founded in june of 2012, coinbase is the largest US-based cryptocurrency exchange, housing over 20 million users. Coinbase is best known for its easy to use website and crypto trading platform, coinbase pro. Coinbase supports 14 different cryptocurrencies for trading, including bitcoin (BTC), ethereum (ETH), and litecoin (LTC), among others.
Low fees - open account
promo offer: 0% commission stocks
Etoro is great for traders seeking zero-commission stock and ETF trades, an efficient platform, and access to copy trading. That said, there are hidden fees, education is sub-par, and etoro doesn't offer the same range of investments as traditional brokers. Etoro's crypto offering includes 16 different coins. Although crypto fees are cheap, you can only withdraw your crypto assets with a dedicated etoro wallet.
Maker-taker fee schedule
Kraken was founded in july of 2011 and offers trading on 18 different cryptocurrencies, including monero (XMR), ripple (XRP), and dash (DSH). Kraken currently offers a web platform but does not have a mobile app.
Most altcoins
Bittrex was founded in seattle, washington in 2014. Although bittrex doesn’t provide a mobile or desktop platform, it still offers over 100 tradeable coins, including bitcoin (BTC), ethereum (ETH), and litecoin (LTC).
Offers gemini dollar
Founded in 2015 by the winklevoss twins, gemini is a licensed digital asset exchange and custodian built for both individuals and institutions. Gemini lets users buy, store, and sell bitcoin (BTC), ethereum (ETH), litecoin (LTC), bitcoin cash (BCH), and zcash (ZEC), as well as the self-named gemini dollar (GUSD).
Best mobile app
Robinhood crypto allows users to trade bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), litecoin (LTC), dogecoin (DOGE), ethereum classic (ETC), and bitcoin SV (BSV). Ten additional coins can be added to a watch list. Robinhood crypto is best-fitted for users who trade multiple classes of assets. Read full review
Pricing details
Below is pricing information for each of the top online brokers for bitcoin trading. Each company uses a different structure.
Tradestation - open account
promo offer: commission-free trades on stocks, etfs & options trades
Headquartered in plantation, florida, tradestation is a wholly owned subsidiary of monex group, inc., one of japan’s largest online financial services providers. (1). Tradestation's roots date back to the 1982, when the company was formed under the name omega research. The company's flagship tradestation platform was launched in 1991, and tradestation group was a NASDAQ listed company from 1997 - 2011, until it was acquired by monex group (2).
Tradestation crypto features a simple pricing structure. Account balances below $100,000 pay a 0.50% maker fee and a 0.50% taker fee. Account balances over $100,000 don’t pay a maker fee, paying either a 0.25% or 0.125% fee based on account size. At this commission rate, it would cost $5.00 to buy $1,000 worth of bitcoin (BTC).
Coinbase - coinbase.Com
If buying bitcoin from a linked ACH account, the average commission is
1.49%. If buying bitcoin by selling another cryptocurrency you already hold in your coinbase wallet (or vice versa), then the average commission is
.50%. For example, buying $1,000 worth of bitcoin would cost
$15 from a linked bank account.
Etoro - open account
promo offer: 0% commission stocks
As an early pioneer in social copy trading, etoro was founded in israel in 2006 as a financial trading technology developer. After launching its first product, it has since grown to service over 9 million users with an innovative platform that continually evolves to be one of the largest social networks globally, with clients in over 170 countries.
Etoro charges no fees for sending or receiving transactions. Blockchain fees are applicable for sending and receiving. However, etoro does charge a conversion fee of 0.1%, set to market rates. Minimum withdrawal amounts and fees are also imposed for each type of cryptocurrency. The minimum bitcoin withdrawal amount is 0.0086 BTC and the withdrawal fee is 0.0005 units.
Kraken - kraken.Com
Kraken uses a maker-taker fee schedule with price incentives based on your trading volume over the last 30 days. For example, the average customer who trades less than $50,000 a month will pay $2.60 in fees for every $1,000 in trading volume. Fees for market makers range between 0% and 0.16%, while fees for takers range from 0.10% to 0.26%. This fee schedule, is more competitive than competitors like coinbase and gemini.
Bittrex - bittrex.Com
Bittrex has a simple pricing model, and charges a flat 0.25% on all trades. At this commission rate, it would cost $2.50 to buy $1,000 worth of bitcoin (BTC). Higher-volume traders, those trading more than $25,000 a month, should look at kraken for discounted pricing.
Gemini is much more expensive than other exchanges, charging between $0.99 - $2.99 on transactions under $200, and 1.49% on orders over $200. This means it would cost $14.90 to purchase $1,000 worth of bitcoin (BTC). Overall, gemini is the most expensive crypto exchange included in this guide, charging more than five times what other exchanges would charge for the same transaction.
Robinhood
Robinhood crypto does not charge a commission for placing crypto trades; however, it generates tiny profits from each order as it is routed. This routing practice, known as payment for order flow (PFOF), is also how robinhood makes money from stock trades. In their user agreement, robinhood crypto states that they may receive activity-based rebates from crypto exchanges, brokers, and market-makers, among other crypto intermediaries. Bottom line, since robinhood is not transparent with its pricing structure, there is a possibility the all-in costs per trade are actually much higher than some competitors. Unfortunately, there is no way to know for certain.
Pricing details per exchange
Final thoughts
Trading cryptocurrencies is becoming more widespread as investors around the globe become more comfortable with blockchain technology and the exchanges that offer online crypto trading. Security enhancements for digital wallets continue to improve as well, providing traders more confidence that buying bitcoin is safe.
Read next
Explore our other online trading guides:
About the author: blain reinkensmeyer as head of research at stockbrokers.Com, blain reinkensmeyer has 18 years of trading experience with over 1,000 trades placed during that time. Referenced as a leading expert on the US online brokerage industry, blain has been quoted in the wall street journal, the new york times, and the chicago tribune, among others.
About the author: steven hatzakis steven hatzakis is the global director of research for forexbrokers.Com. Steven previously served as an editor for finance magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.
All pricing data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.
Advertiser disclosure: stockbrokers.Com helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers. How do we make money? Our partners compensate us through paid advertising. While partners may pay to provide offers or be featured, e.G. Exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. Here is a list of our partners.
Disclaimer: it is our organization's primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While stockbrokers.Com has all data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by stockbrokers.Com, nor shall it bias our reviews, analysis, and opinions. Please see our general disclaimers for more information.
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Best bitcoin broker
Compare the biggest bitcoin trading platforms on one site: deposit- and withrawal fees, trading fees for makers and for takers, creditcard fees, supported crypto currencies, supported countries, supported FIAT currencies - everything you need to know to choose your future crypto trading broker.
The internet can be a very useful place to invest and do business at due to the number of opportunities that you can easily grab with just a few clicks of your mouse button.
When talking about opportunities, bitcoin sticks right up like a sore thumb. People do actually use search engines to search for the best way to make money out of all the bitcoin/cryptocurrency hype. One of the traffic created would be trading cryptocurrencies as well as betting with crypto currencies. But how do you choose the perfect broker for your needs?
When in doubt, people always back up and hold on to facts they have something new to prove that it is safe enough to venture into. This is what happens when a person looks for the best crypto broker in the market, but what is the best?
Or is there such thing as a best trading website? Everyone that is active in the crypto currency scene can name you their top 5 broker websites easily, without any hesitations. But for someone that just started to scratch the surface, everything can be overwhelming!
With that being said, you should and always have a mental checklist to follow in choosing your first cryptocurrency trade. Below are helpful points that you might want to list down.
Regulated broker
Just like any other website that involves money, you first need to know if that broker is regulated or not. Why? Well, you will be definitely sending money to that website, might as well know if their legit or not, right? Make sure that they are regulated and take your time in researching. But this isn’t always the truth when it comes to dealing with “off-the-grid” brokers like the ones listed on bitcointradingsites that only accept bitcoin as payment.
You see, regulated brokers only work if you are transacting with your bank or direct cash deposits. Most of the trading platforms today that accept credit cards or wire transfers will always need to be regulated for them to accept payments in cash. But if we’re talking about bitcoin websites that only accept cryptocurrencies as payment, then we are moving to the grey area. Are they bad?
Well, most of the time these website that are “unregulated” have cryptocurrency transactions, as we all know, cryptocurrency transactions severe their connections with the banking world. That’s why we see websites that are not regulated by any laws or jurisdiction. Are they safe? That brings my statement back to “always take your time in researching.”
Accounts
Not all, but most of the time, these online brokers have different levels of accounts which you are able to choose from. A good brokerage website should and always have options for their clients to choose from. These options sometimes include different deposit methods, withdrawals, spreads and a lot more! “options” is the key word here.
You also need to keep in mind the minimum deposit required per account as this will greatly influence your decision-making. Aside from the options that you will be choosing from, we also need to put in mind the features that a website offers. When talking about accounts, always go for websites or at least give websites that have demo accounts the priority. Why? Demo accounts can help you in so many ways!
The most important thing a demo account can help you with would be the ability to try all their features without even spending a dollar on the website.
Currencies
Some of the broker websites today not only offer crypto currency trading, but they also offer stocks, commodity, and fiat trading. Do not get yourself confused on what you are there for, which is crypto currency. Know what they have and what you are capable of trading with.
Traders who intend to cash out their BTC into fiat money, should check this page on bitcoinp2ploans that provides really useful insights on the topic.
Website
This box is pointed on what they have for you in general. What type of website do they have what type of trading platform do they work with? Is it a well-designed one or are you having troubles navigating it? It’s like choosing a car, there is no use in using the latest sports car if you do not know how to operate its digital assets. If this is the case, better choose a 68’ shelby mustang since you know how to make it run. In other words, if the website confuses you, then stay away from it.
Customer service
Last but not the least. When a website involves money, always look for their customer service contact points. Do they have a phone number that you can call? Do they support live chat and email services? The last thing you want to have is a website that has a hold of your money but you are unable to contact them in any way possible. A good website should and always have at least two channels for you to contact them.
List these five most important things that you need to keep in mind in choosing your next bitcoin broker website today. Please do also keep in mind that these are just my suggestions and are of course, available for any personalization of your own. Just keep in mind that the best website to transact with is a website that you are comfortable enough to give your trust (since they will be holding on to your money) and has the right channels to contact if anything goes south with your transactions.
The big bitcoin broker FAQ:
What is bitcoin and cryptocurrency broker?
Who is the best bitcoin broker?
How much does bitcoin charge per transaction?
How can I send bitcoin to someone?
Which is the best bitcoin wallet?
How do you cash out a bitcoin?
Do you pay taxes on bitcoin?
Can you transfer bitcoin to a bank account?
Can I make money with bitcoin?
Is it worth investing in bitcoin?
How do you flip money in bitcoin?
Can you start trading with no money?
How can I learn online trading?
What is the best platform to invest on bitcoin?
Are bitcoins legal? Are bitcoins legal in the US?
Do you have to pay taxes on bitcoin?
Can the IRS track bitcoin?
Can you lose money investing in bitcoin?
Disclaimer:
The infomation on this website is not fiancial advise! Bestbitcoinbroker.Net is not responsible for any losses that may happen by trading on these trading platforms. Do not risk more than you can afford to lose.
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
The infomation on this website is not fiancial advice. This website is for entertainment purposes only. Bestbitcoinbroker.Net is not responsible for any losses that may happen by trading on these trading platforms. Trading carries considerable risk of capital loss. Dont invest more money than you can afford to lose!
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.
75% of retail investor accounts lose money when trading cfds.
You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Best cryptocurrency brokers for 2021
Daniel ‘harris’ major
I have tested 40+ crypto brokers. You can find the best cryptocurrency brokers below. This is by far the easiest way to get started with cryptocurrencies.
Cryptocurrency trading has become really popular in the past years. It’s growing more ever year.
Many big trading brokers have already added some of these cryptocurrencies. Everybody can sign up and start trading bitcoin or other crypto coins. This is the easiest and probably the simplest way to invest in cryptocurrency.
After trying out most brokers, here are the best cryptocurrency brokers:
Best cryptocurrency brokers (non-US traders only)
Plus500 – top rated trading platform
Plus500 is a big name in the trading industry. They have a really low minimum deposit requirement and a great trading site.
Buy/sell cfds on bitcoin in addition to buying stocks, commodities, forex etc (traded only through cfds). Plus500 is the most complete trading platform.
- Trade cfds on bitcoin & many other cryptos
- Minimum deposit is only $100
- Regulated and trusted platform
- Very fast signup process
- Live chat
- Many payment methods (even paypal)
- You cannot withdraw any cryptocurrency
- You have to complete a questionnaire, upon sign up
Plus500 disclaimer: 76.4% of retail CFD accounts lose money.
IQ option – lowest minimum deposit ($10)
If you don’t want to make a huge initial investment, then IQ option is the best broker for you. The minimum deposit requirement is only $10. This is by far the lowest in the industry.
- You can trade many cryptocurrencies
- Minimum deposit is only $10
- Best trading platform
- Multiple account currencies
- Free demo account
- Regulated by CYSEC (#247/14)
Etoro – top crypto broker
Etoro is a really popular trading site. They have been around since 2006. Etoro is regulated by CYSEC, FCA and ASIC.
Buy/sell bitcoin on etoro in addition to buying stocks, commodities, forex etc. Etoro is the most complete trading platform.
- Trade bitcoin & many other cryptos
- Minimum deposit is $200
- Regulated and trusted platform
- Australian traders are also accepted
- Great support team
- Many payment methods (even paypal)
- You cannot withdraw any cryptocurrency
- You have to complete a questionnaire, upon sign up
Etoro disclaimer: 71% of retail CFD accounts lose money.
Highlow – best all-round crypto broker
Due to regulation highlow stopped accepting traders from the EU and UK.
Highlow is an australian trading broker (AFSL no.364264). What I like most about this broker is the intuitive platform. It is so easy to use. Especially new traders will like the clean layout.
I’ve been using highlow for a few years now and I never had a problem. Highlow publishes their number of trades on the homepage. There are millions of trades on this broker each month.
I use the main platform which is web based. This means, that you don’t have to download any software. This platform is stable and safe (they use SSL).
I have also tried the ios app and the android app. They are great, but I just don’t like trading on smartphones in general.
The payouts on highlow are amazing (up to 200%, which is more than on other brokers).
Highlow is a great broker for cryptocurrencies (but only if you are not from EU,UK, US). They have a good reputation, great support team and awesome promotions for new traders.
- Trade bitcoin & other cryptos
- Minimum deposit is only $50
- Regulated and trusted platform
- Fastest signup process (no questionnaires)
- Multiple account currencies
- Free demo account (no registration needed)
Nadex – US traders welcome
Nadex is a CFTC regulated broker. In fact, this is probably the only US broker that has this regulation.
Only US traders are allowed on nadex. Non-US traders check out the next broker.
Update OCTOBER 2019: looks like nadex removed crypto trading. After contacting them I found out that they will add it back soon. Register on nadex now and get updated when they add it.
Recently, nadex started offering bitcoin trading.
- Trade bitcoin, forex or binary options
- Minimum deposit is $250
- CFTC regulated broker
- Great support team
- Many payment methods (even paypal)
Crypto brokers with most cryptocurrencies
Here are the most popular cryptocurrencies offered by cryptocurrency brokers:
- Etoro – bitcoin, ethereum, litecoin, dash, ethereum classic, NEO and ripple.
- Plus500 – bitcoin, ethereum, litecoin, bitcoin cash, ripple, IOTA.
- Avatrade – bitcoin, ethereum, ethereum classic, ripple, dash, bitcoin cash litecoin, monero and NEO.
Lowest minimum deposit brokers
These are the best brokers with low minimum deposit requirements:
- Etoro – $200
- Plus500 – $100
- Avatrade – $100
This is really important because the crypto market itself is unregulated. Depositing on a regulated broker means that your money is safe.
We’ve also looked at the support team and the payment methods. You can deposit easily using multiple payment methods on the brokers below.
Top rated brokers that have cryptocurrencies
While we are all familiar with the broad definition of a broker, is there something more to it when it comes to cryptocurrencies?
Simply put, a cryptocurrency broker refers to a website that traders will visit to trade cryptocurrencies at a set price. In many ways, they are similar to forex brokers whose services are a lot more familiar to the general public.
Etoro disclaimer: 71% of retail CFD accounts lose money.
You still can’t decide which broker is best for you?
How to choose your cryptocurrency broker
Is leverage really necessary? Cryptocurrency markets are volatile in nature with prices fluctuating immensely thereby generating high profits even in the absence of leverage. But for some traders, the desire for more earnings justifies the use of leverage.
Before choosing your broker, settle yourself on whether the already immense profits that come from a cryptocurrency market are enough for you or you would like to use leverage to enhance them even further, bearing in mind, of course, that will also significantly increase the risk factor to your funds.
Negative balance protection: it is always advisable to trade with a broker that affords the negative balance protection facility. That way, you will never be at risk of losing more than what you invested in case you sustain very heavy losses.
How suitable is the required capital for you? This is another subjective part to your decision. Do you prefer trading with a small capital or bigger one to help you zero in on bigger returns? Find out what size trades your broker is offering before you open an account.
Narrow spreads for the win: let us be honest, it is only fair that your broker gets a cut from the money you generated having provided you with the essential facilities for it and all. But let us be honest, you definitely want every last dime for yourself.
A spread refers to the difference between the buying price and selling price of a trade and it varies with each broker. The spread is what counts as fees for your broker so the smaller it is, the lower the cost will be on your part.
Lets go into what aspects you as a trader must consider when choosing a broker to trade cryptocurrencies.
Which cryptocurrencies are you interested in trading?
Make sure you have decided on which cryptocurrencies you want to trade in before signing up with your broker.
If your choice is a prominent cryptocurrency like bitcoin (official site), litecoin (official site), or ethereum(official site), there will be a relatively broad availability of brokers that have trading options for those. However, less prevalent examples like monero, IOTA, or zcash may be a little harder to come by.
So study the cryptocurrencies being offered by a broker before you sign up for an account.
Pros and cons of cryptocurrency brokers
Here are some features that these broker have or don’t:
pros
- Signup up with a crypto broker is probably the fastest way to get started with cryptocurrency trading
- If you are less tech-savvy then a broker is safer for you
- You can start buying cryptocurrency while traditional exchanges don’t always accept this payment method
- Most of the time you can’t withdraw cryptocurrencies from a broker. You have to exchange it back to fiat money (USD/EUR etc.)
Cryptocurrency brokers – what to look for
Here are some of the more understated details about your cryptocurrency broker that could make your trading experiences so much more efficient and successful.
1. What are the weekend hours like?
This is a key detail that distinguishes cryptocurrencies from other prominent trading markets like forex, futures, and equity. Cryptocurrency brokers operate during the weekends as well.
There is virtually no difference in purchasing bitcoin at the end of the week as opposed to the middle of the week during peak hours.
But there is a catch. While digital currency exchanges are available during the weekend, your broker may not (why is the stock market closed on the weekend?). So in effect, if there is considerable movement within your relevant cryptocurrency market during a weekend when your broker is not operating, you may not have the ability to respond in any way.
2. How is it hedging?
Your broker is probably not keen on revealing if it is hedging cryptocurrency traders but it is important information for you to know.
Why is it so important for you to know?
Because, as a trader, you want to be absolutely in the clear regarding the policies for risk management being followed by your broker. Let us not forget that cryptocurrency markets are extremely volatile and an unhedged broker is more easily prone to major losses incurred by its clients. Naturally, those costs will warrant compensation via fatter spreads and additional costs for traders. It will be best to sign up with a broker that will not withhold the relevant information from you.
More great features you could be interested in
Commissions and trading on margin – an important thing to note while trading cryptocurrencies is that their prices tend to be more similar to equities than they are to real currencies. So your broker could be charging you commissions in addition to a wide spread on each trade. That, of course, raises the cost probably a bit much for your liking.
Another similarity with equities is that the margin conditions with cryptocurrencies are significantly more than they are with forex or cfds. Consequently, leverage is usually up to 10x. How considerable the margin rate will be for traders is down to what trading strategies and risk management they subscribe to.
Authenticity of market data – aside from merely evaluating how it influences spreads, market data for cryptocurrency CFD prices can be a good indicator of how the quality of the product will be in the future.
One of the more recent examples of this is BTC-e which was an immensely popular platform for trading bitcoin before it was shut down by feds. BTC-e was the first bitcoin exchange to incorporate forex trades and so made their exchange accessible via MT4 and supplied cryptocurrency liquidity for brokers.
But once it was shut down, every broker that depended squarely upon BTC-e was left with no hedging options or market data to put a price on its crypto cfds.
Are short sales available? For many traders, shorting is a crucial strategy option, the lack of which can be a deal breaker with a potential broker. Many brokers tend to offer ‘long’ only since there are only a few hedging solutions when opening short trades.
As you see, investing in cryptocurrencies can be a truly lucrative venture for you but only if you get it right.
And a lot of that is down to which broker you decide to trade with.
Ready to start trading?
Trade with the cryptocurrency brokers listed above to make sure that your money is safe, you pick a broker with a stellar reputation and you keep the fees low. Excel at trading bitcoin by creating your own trading strategy.
These cryptocurrency brokers make it really easy to trade bitcoin and other coins. You don’t have to be a trading expert. It helps if you know what a blockchain is or how the ledger and transactions work, but this is all optional.
Sign up now and see for yourself how easy it is to get started.
Best bitcoin brokers: A list of reliable platforms [updated 2020]
Every day, lots of people all over the world look for information about the best bitcoin brokers. And that’s not a coincidence. We are in fact talking about the most important of the cryptocurrencies, a virtual currency that has revolutionized finance as we have always known it.
The bitcoin, which was launched in the now distant 2009 by satoshi nakamoto (his identity is still unknown today), has changed our lives and allowed many people to start trading effectively and safely.
If you’re reading this article, this simply means that you want to know more about it and maybe find out some trading tips. Just follow us in the next few paragraphs because we have created a guide that can help you understand the best broker to use to trade bitcoins.
All the brokers that we will be discussing in this article are safe, reliable and honest (they are all licensed and regulated). They are also free with no hidden fees and easy to use.
Last generation user interface
Among the best CFD brokers
Broad cryptocurrency selection
Best bitcoin brokers: reviews and benefits
Let’s now get into the heart of the best bitcoin brokers by talking about specific solutions. In this paragraph, we will present the reviews of some of the best bitcoin brokers where you can trade bitcoins.
We have selected only brokers that meet the following conditions:
- Are safe and reliable
- Free of charge with no hidden fees (0 real costs)
- Easy to use even for beginners
- Some also have additional advantages for customers
Etoro
Etoro is one of the best options for beginners who decide to start trading bitcoin. The advantage of using etoro is not only in the very easy to use platform but also in the possibility to copy, both completely and in an automated manner, what other investors do free of charge.
In practice, etoro has created a software system called copytrader (patented) that allows you to easily find the traders who have obtained the highest profits and then copy them automatically (just one click).
Replicating all the trades of the best traders has a double advantage: you get good results immediately and you can learn by watching what the best traders do.
Iq option
Iq option is one of the most used brokers for bitcoin by beginners. It offers a particularly simple and intuitive platform that everyone can use without problems. It is also the only bitcoin broker that allows you to start with a minimum deposit of just 10 euros. Other brokers usually require a deposit between 100 and 250 euros.
Iq option also offers a large educational section where hundreds of high quality video courses are available free of charge. Most of these courses are dedicated to bitcoin (or emerging cryptocurrency trading) but there are also many courses dedicated to trading principles and strategies.
Iq option is also available in demo mode: the demo is free and unlimited without constraints of any kind.
Plus500
Plus500 (click here to open a free demo account) is one of the best bitcoin brokers ever and is a platform known worldwide and appreciated for its ease of use.
Traders can register for free and you only need to make a minimum deposit of 100 euros. Those who choose this broker can trade bitcoin as well as other assets, such as international stocks, currencies, indices and eτfs.
An undoubted advantage of this broker for bitcoin trading is the possibility to open a demo account. This means you can practice without using real money or switch to an actual account after familiarizing yourself with the platform.
How to choose a bitcoin trading broker
What are the characteristics of the best bitcoin brokers? The first thing to consider in this regard is security. Reliable brokers and therefore worthy of consideration are those regulated by cysec and consob.
By choosing them you will have the security of entrusting your money to a solid company without the fear of losing it to a scam.
This is a serious problem: the fact that bitcoin can actually make a lot of money has attracted many potential traders and most of them with little financial expertise. These traders have sometimes ended up in the clutches of unscrupulous scammers who have created systems like bitcoin evolution or bitcoin profit.
These systems promise easy money thanks to bitcoin’s automated trading but in reality they do not work and just make you lose money. The only way to make sure you are not being scammed is to rely solely on authorized and regulated brokers.
These brokers, in fact, are required to comply with the heavy european regulations that protect investors’ capital and can be described as 100% secure.
The second step in choosing a bitcoin trading broker is related to fees. When investing in cryptocurrency, it is essential to be wary of brokers who charge commissions on your execution. Fortunately, there are excellent free brokers that we have talked about in the previous paragraphs.
The absence of commissions is particularly important when trading with small amounts: if you start with 10 euros, for example, you would not pay 5 euros commission on each trade!
Really serious brokers earn only from the spread, i.E. From a tiny difference between the price at which you can buy and the price at which you can sell. It is clear that this type of bitcoin broker earns much less on a single trade but their goal is to have satisfied clients who make many trades.
Bitcoin trading tips: cfds
After reviewing the features of the best bitcoin brokers, you should consider some practical advice. The first one is that, in order to invest in the most famous cryptocurrency in the world, it is not necessary to buy it.
Nowadays, in fact, trading bitcoin means using cfds (contract for difference). What are they? Derivatives that allow you to open positions on different assets, replicating their price without the need to own them.
In practice, the CFD on bitcoin always has the same price as bitcoin and can be used to make a profit by taking advantage of bitcoin price movements.
This is a very important point. Those who use the best bitcoin CFD brokers have the possibility to execute two trades:
- Buy bitcoin: in this case you earn if the price increases.
- Sell bitcoin short: in this case you earn when the price goes down. In practice, it is a purely speculative operation that simulates the sale of an asset (the bitcoin) that you do not own.
The great advantage of trading cfds on bitcoin is that you can earn money both when the price goes up and when it goes down. Many novice traders think that the price of bitcoin is destined to go up forever but it is not. No financial asset always goes up.
Cfds also offer other advantages: they are easy to use and provide access to leverage that allows you to multiply your trading profits.
Set stop losses
No one is able to make 100% reliable forecasts about bitcoin. This means that there may be some oeprations that close at a loss. It is not a problem: the best brokers for bitcoin offer the possibility to set stop loss, i.E. A maximum level of loss that you are willing to suffer on a single trade.
Stop losses are particularly appreciated by professional traders who use them to strongly limit the risk of trading but are, unfortunately, ignored by many beginners who turn every mistake into a bloodbath.
All the best brokers we have selected in this guide allow you to set stop losses: remember to always use them!
The emotional management of trading
When trading with cryptocurrency, you should not limit yourself to choosing the best bitcoin brokers. You should also consider emotional management. What does that mean in concrete terms? That you need to keep your feelings under control.
In short, to trade bitcoin you need to put aside excesses of optimism and remember that they can cloud your mind and make you forget your lucidity. How many novice traders have overconfidenced their skills after random successes? This problem can be solved by avoiding excessive optimism.
Equally harmful is pessimism. In online trading, with bitcoins and beyond, it is essential to stay as lucid as possible and put the strategy in the foreground. A useful example of this is money management. What does it involve? The division of capital into small parts. Each must be allocated to a single operation, so that you can be careful if things go wrong.
The psychological aspects of online trading are fundamental; unfortunately, demos do not teach you how to dominate your emotions. Who wants to become a great trader, therefore, must think about confronting the real market as soon as possible. Knowing the best bitcoin trading strategies, in the end, is useless if you cannot control your mind.
Conclusion
In this article we have reviewed the full reviews of the best brokers to trade bitcoin. These brokers offer the possibility to trade cfds on cryptocurrency but also on all major financial markets. They are safe and reliable brokers because we have chosen only authorized brokers.
In addition, we have taken the utmost care to select only brokers without commissions and easy to use, even for beginners. Those who start trading at bitcoin have to be very careful with scams: unfortunately there are several, usually based on the promise of easy money. Trading commissions are also not very convenient and should be avoided at all costs.
Fxdailyreport.Com
Bitcoin is a digital currency and is being traded in the financial markets around the world ever since it was introduced in 2011. Over the years, the first cryptocurrency in the world has become immensely popular and this, in turn, has sparked immense price volatility. Within three years of the digital currencies inception, the price of a single bitcoin zoomed to around 1,200 USD. Currently, the bitcoin is traded at more than 3,500 USD.
Forex brokers acknowledged the cryptocurrency as a valid currency and started accepting payments in bitcoins in 2013. They have also made it possible for traders to execute trades in bitcoins. This digital currency is often traded against fiat currencies such as the USD and euro. As the concept is relatively new, there is only a limited number of best regulated bitcoin forex brokers as of now. However, this has made it easier for some traders who do not want to disclose their card or bank details to the forex brokers to fund their accounts through bitcoins.
Regulated FX brokers that accept bitcoin for deposits/WD
broker | min deposit | spread | leverage | regulation | open account |
---|---|---|---|---|---|
0 | non-spread, fee 0.1% per trade | non-leverage | - | visit broker | |
$1 | from 0 pips | 2000:1 | FCA UK, cysec, FSP, bafin, CRFIN | visit broker | |
$300 | floating, from 0 pips | 500:1 | FCA UK reference number 579202 | visit broker | |
$1 | fixed spread from 3 pips | up to 1:1000 | CBR, cysec and FFMS | visit broker | |
$250 | as low as 0.1 pips | up to 400:1 | ASIC australia and FCA UK | visit broker |
Top regulated forex brokers that offer bitcoin (BTC/USD) trading
broker | info | bonus | open account |
---|---|---|---|
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec | 50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win. | Visit broker | |
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC | $100 no-deposit bonus, 100% deposit bonus | visit broker | |
min deposit: 0 spread: non-spread, fee 0.1% per trade leverage: non-leverage regulation: - | visit broker | ||
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN | 35% of the account deposit | visit broker | |
min deposit: $50 spread: starting 0 pips leverage: up to 400:1 regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA | visit broker | ||
min deposit: $300 spread: floating, from 0 pips leverage: 500:1 regulation: FCA UK reference number 579202 | visit broker | ||
min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK | visit broker | ||
min deposit: no minimum deposit spread: 1.2 pips leverage: 50:1 regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC | visit broker | ||
min deposit: $10 spread: leverage: regulation: cysec | - | visit broker | |
min deposit: $200 spread: from 3 pips leverage: 400:1 regulation: NFA, FCA, cysec | visit broker | ||
min deposit: $100 spread: starting 0 pips leverage: up to 500:1 regulation: FCA UK, ASIC australia, MAS singapore | visit broker | ||
min deposit: $1 spread: fixed spread from 3 pips leverage: up to 1:1000 regulation: CBR, cysec and FFMS | 30% forex deposit bonus | visit broker | |
min deposit: $250 spread: as low as 0.1 pips leverage: up to 400:1 regulation: ASIC australia and FCA UK | visit broker |
The production of bitcoin is limited to 21 million. It is expected that this will be achieved by 2040. As the price of the bitcoin fluctuates all the time, traders have to do both fundamental and technical analysis in order to decide as to when they can buy or sell the world’s first decentralized currency. Though there are a number of online exchanges where traders can buy bitcoins in exchange for USD, euro, or other currencies, bitcoins are often traded through the online platforms of a few reliable forex brokers.
Among forex brokers, the penetration level of bitcoin is the lowest when compared with the other online payment options. However, bitcoin offers the highest level of security and an opportunity for making payments without disclosing identity. This is unique compared to any of the other existing payment options. Most e-wallets require traders to verify their identity by means of bank transfers, credit cards, or other documents. On the other hand, bitcoin account holders can access their accounts without the need to go through any identification procedure.
As forex brokers ask for a number of identification documents from the trader when opening an account on their platform, the process involved in creating a new bitcoin account for funding the trader’s account is a complicated and tedious. Therefore, the anonymity associated with bitcoin seldom works when it comes to trading currencies. This is to say that it works only if the trader wants to trade currencies without making withdrawals. Regulators also want brokers to obtain a lot of information from their clients prior to allowing them to trade currencies. As such, it is sensible to choose an online forex broker that accepts bitcoins only if the trader has bitcoins in his/her account and want to fund his/her trading account through bitcoins.
Having said this, here are some of the best regulated bitcoin forex brokers you can consider working with:
Best online brokers for bitcoin trading
The best crypto exchanges for US bitcoin trading offer three essential benefits. The first, and most important, is robust security with two-factor authentication, cold storage, and integrated safe wallets. Second is a user-friendly website and platform. Third, they provide access to trading a variety of cryptocurrencies like bitcoin and ethereum.
In our assessment and ranking of cryptocurrency exchanges, we focused on traditional exchanges headquartered and regulated in the united states, as well as the incumbent online brokers in the US, which are expanding to offer bitcoin trading on top of regular stock trading (e.G. Buying shares of apple or google).
Best bitcoin trading platform
- Tradestation - best trading platform
- Coinbase - best crypto exchange
- Etoro - low fees
- Kraken - maker-taker fee schedule
- Bittrex - most altcoins
- Gemini - offers gemnini dollar
- Robinhood - best mobile app
Here's a breakdown of some of the best online brokers for US crypto trading.
Best trading platform - open account
promo offer: commission-free trades on stocks, etfs & options trades
As a trading technology leader, tradestation supports casual traders through its web-based platform and active traders through its award-winning desktop platform, all with $0 stock and ETF trades. Tradestation crypto allows you to buy, sell, and trade bitcoin, litecoin, ethereum, bitcoin cash and XRP. Tradestation crypto caters to both institutional and recreational clients. Read full review
Best crypto exchange
Founded in june of 2012, coinbase is the largest US-based cryptocurrency exchange, housing over 20 million users. Coinbase is best known for its easy to use website and crypto trading platform, coinbase pro. Coinbase supports 14 different cryptocurrencies for trading, including bitcoin (BTC), ethereum (ETH), and litecoin (LTC), among others.
Low fees - open account
promo offer: 0% commission stocks
Etoro is great for traders seeking zero-commission stock and ETF trades, an efficient platform, and access to copy trading. That said, there are hidden fees, education is sub-par, and etoro doesn't offer the same range of investments as traditional brokers. Etoro's crypto offering includes 16 different coins. Although crypto fees are cheap, you can only withdraw your crypto assets with a dedicated etoro wallet.
Maker-taker fee schedule
Kraken was founded in july of 2011 and offers trading on 18 different cryptocurrencies, including monero (XMR), ripple (XRP), and dash (DSH). Kraken currently offers a web platform but does not have a mobile app.
Most altcoins
Bittrex was founded in seattle, washington in 2014. Although bittrex doesn’t provide a mobile or desktop platform, it still offers over 100 tradeable coins, including bitcoin (BTC), ethereum (ETH), and litecoin (LTC).
Offers gemini dollar
Founded in 2015 by the winklevoss twins, gemini is a licensed digital asset exchange and custodian built for both individuals and institutions. Gemini lets users buy, store, and sell bitcoin (BTC), ethereum (ETH), litecoin (LTC), bitcoin cash (BCH), and zcash (ZEC), as well as the self-named gemini dollar (GUSD).
Best mobile app
Robinhood crypto allows users to trade bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), litecoin (LTC), dogecoin (DOGE), ethereum classic (ETC), and bitcoin SV (BSV). Ten additional coins can be added to a watch list. Robinhood crypto is best-fitted for users who trade multiple classes of assets. Read full review
Pricing details
Below is pricing information for each of the top online brokers for bitcoin trading. Each company uses a different structure.
Tradestation - open account
promo offer: commission-free trades on stocks, etfs & options trades
Headquartered in plantation, florida, tradestation is a wholly owned subsidiary of monex group, inc., one of japan’s largest online financial services providers. (1). Tradestation's roots date back to the 1982, when the company was formed under the name omega research. The company's flagship tradestation platform was launched in 1991, and tradestation group was a NASDAQ listed company from 1997 - 2011, until it was acquired by monex group (2).
Tradestation crypto features a simple pricing structure. Account balances below $100,000 pay a 0.50% maker fee and a 0.50% taker fee. Account balances over $100,000 don’t pay a maker fee, paying either a 0.25% or 0.125% fee based on account size. At this commission rate, it would cost $5.00 to buy $1,000 worth of bitcoin (BTC).
Coinbase - coinbase.Com
If buying bitcoin from a linked ACH account, the average commission is
1.49%. If buying bitcoin by selling another cryptocurrency you already hold in your coinbase wallet (or vice versa), then the average commission is
.50%. For example, buying $1,000 worth of bitcoin would cost
$15 from a linked bank account.
Etoro - open account
promo offer: 0% commission stocks
As an early pioneer in social copy trading, etoro was founded in israel in 2006 as a financial trading technology developer. After launching its first product, it has since grown to service over 9 million users with an innovative platform that continually evolves to be one of the largest social networks globally, with clients in over 170 countries.
Etoro charges no fees for sending or receiving transactions. Blockchain fees are applicable for sending and receiving. However, etoro does charge a conversion fee of 0.1%, set to market rates. Minimum withdrawal amounts and fees are also imposed for each type of cryptocurrency. The minimum bitcoin withdrawal amount is 0.0086 BTC and the withdrawal fee is 0.0005 units.
Kraken - kraken.Com
Kraken uses a maker-taker fee schedule with price incentives based on your trading volume over the last 30 days. For example, the average customer who trades less than $50,000 a month will pay $2.60 in fees for every $1,000 in trading volume. Fees for market makers range between 0% and 0.16%, while fees for takers range from 0.10% to 0.26%. This fee schedule, is more competitive than competitors like coinbase and gemini.
Bittrex - bittrex.Com
Bittrex has a simple pricing model, and charges a flat 0.25% on all trades. At this commission rate, it would cost $2.50 to buy $1,000 worth of bitcoin (BTC). Higher-volume traders, those trading more than $25,000 a month, should look at kraken for discounted pricing.
Gemini is much more expensive than other exchanges, charging between $0.99 - $2.99 on transactions under $200, and 1.49% on orders over $200. This means it would cost $14.90 to purchase $1,000 worth of bitcoin (BTC). Overall, gemini is the most expensive crypto exchange included in this guide, charging more than five times what other exchanges would charge for the same transaction.
Robinhood
Robinhood crypto does not charge a commission for placing crypto trades; however, it generates tiny profits from each order as it is routed. This routing practice, known as payment for order flow (PFOF), is also how robinhood makes money from stock trades. In their user agreement, robinhood crypto states that they may receive activity-based rebates from crypto exchanges, brokers, and market-makers, among other crypto intermediaries. Bottom line, since robinhood is not transparent with its pricing structure, there is a possibility the all-in costs per trade are actually much higher than some competitors. Unfortunately, there is no way to know for certain.
Pricing details per exchange
Final thoughts
Trading cryptocurrencies is becoming more widespread as investors around the globe become more comfortable with blockchain technology and the exchanges that offer online crypto trading. Security enhancements for digital wallets continue to improve as well, providing traders more confidence that buying bitcoin is safe.
Read next
Explore our other online trading guides:
About the author: blain reinkensmeyer as head of research at stockbrokers.Com, blain reinkensmeyer has 18 years of trading experience with over 1,000 trades placed during that time. Referenced as a leading expert on the US online brokerage industry, blain has been quoted in the wall street journal, the new york times, and the chicago tribune, among others.
About the author: steven hatzakis steven hatzakis is the global director of research for forexbrokers.Com. Steven previously served as an editor for finance magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.
All pricing data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.
Advertiser disclosure: stockbrokers.Com helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers. How do we make money? Our partners compensate us through paid advertising. While partners may pay to provide offers or be featured, e.G. Exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. Here is a list of our partners.
Disclaimer: it is our organization's primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While stockbrokers.Com has all data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by stockbrokers.Com, nor shall it bias our reviews, analysis, and opinions. Please see our general disclaimers for more information.
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All rights reserved.
Cryptocurrency brokers (bitcoin CFD) – list / ranking
Cryptocurrency brokers list shows crypto CFD brokers, where you can trade cryptocurrencies using leverage. It is quite a new type of brokers where all trading accounts are quoted in cryptocurrency (mostly in bitcoin) but some of them offer also accounts in FIAT.
Range of markets offered by such brokers is quite big – cryptocurrencies, commodities, indices, metals, and others.
Bitcoin and other cryptocurrencies are becoming increasingly popular as CFD instruments. That is why we prepared this bitcoin/cryptocurrency brokers list. Most of brokers offers CFD instruments basing on bitcoin but some of them also offers ethereum, ripple, litecoin or even dashcoin instruments.
Below you can find list of brokers with crypto CFD offer.
1. Bitmex
Bitmex is an hybrid of CFD broker and cryptocurrency exchange. We can trade cryptocurrencies there with leverege (up to 1:100). Trading accounts are.
2. Etoro
Over the past few years, advancements in web technologies for online trading reached a new level and resulted in changes in the trading environment.
3. Tiomarkets
Tiomarkets is a broker that was established in 2018. It serves clients from all over the world through its two branches in london and st. Vincent and.
4. XBTFX
XBTFX is an offshore CFD and cryptocurrency broker from st. Vincent and the grenadines. It offers cryptocurrencies trading with leverage up to 1:50.
5. Primexbt
Primexbt is a cryptocurrency CFD broker offering trading with leverage. Despite the accounts quoted in cryptocurrencies, it also offers the.
You have to remember that crypto companies are usually not regulated by official entities and registered in offshore jurisdictions. Because of that trading with them can be very risky. Remember to double check every broker before depositing money on it.
Cyrpto CFD markets is growing very fast. That is why we recommend reviewing offers of chosen broker before you start trading.
Remember
Forex, cfds and binary options carry a high level of risk.
Between 65% and 89% of retail investors lose money with trading in cfds.
Last warnings
Warnings (18.12): GT stox, world markets…
Warnings (15.12): coinsoft, HBC market…
Warnings (14.12): bridgefund, solution markets…
Warnings (11.12): team PLTNM, J’s world…
Stay up to date
Learn about new broker
Partners
Recent reviews
TRS markets
They forced me to pay 5k eur for investment. They connected .
Purple trading
Really nice trading experiens. I am using them for 4 months .
Really good support and offer, especially for stocks! I reco.
XBTFX
Super conditions for trading in intraday.
XBTFX
This is a great broker for beginners, because it is a crypto.
Fxdailyreport.Com
Bitcoin is a digital currency and is being traded in the financial markets around the world ever since it was introduced in 2011. Over the years, the first cryptocurrency in the world has become immensely popular and this, in turn, has sparked immense price volatility. Within three years of the digital currencies inception, the price of a single bitcoin zoomed to around 1,200 USD. Currently, the bitcoin is traded at more than 3,500 USD.
Forex brokers acknowledged the cryptocurrency as a valid currency and started accepting payments in bitcoins in 2013. They have also made it possible for traders to execute trades in bitcoins. This digital currency is often traded against fiat currencies such as the USD and euro. As the concept is relatively new, there is only a limited number of best regulated bitcoin forex brokers as of now. However, this has made it easier for some traders who do not want to disclose their card or bank details to the forex brokers to fund their accounts through bitcoins.
Regulated FX brokers that accept bitcoin for deposits/WD
broker | min deposit | spread | leverage | regulation | open account |
---|---|---|---|---|---|
0 | non-spread, fee 0.1% per trade | non-leverage | - | visit broker | |
$1 | from 0 pips | 2000:1 | FCA UK, cysec, FSP, bafin, CRFIN | visit broker | |
$300 | floating, from 0 pips | 500:1 | FCA UK reference number 579202 | visit broker | |
$1 | fixed spread from 3 pips | up to 1:1000 | CBR, cysec and FFMS | visit broker | |
$250 | as low as 0.1 pips | up to 400:1 | ASIC australia and FCA UK | visit broker |
Top regulated forex brokers that offer bitcoin (BTC/USD) trading
broker | info | bonus | open account |
---|---|---|---|
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec | 50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win. | Visit broker | |
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC | $100 no-deposit bonus, 100% deposit bonus | visit broker | |
min deposit: 0 spread: non-spread, fee 0.1% per trade leverage: non-leverage regulation: - | visit broker | ||
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN | 35% of the account deposit | visit broker | |
min deposit: $50 spread: starting 0 pips leverage: up to 400:1 regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA | visit broker | ||
min deposit: $300 spread: floating, from 0 pips leverage: 500:1 regulation: FCA UK reference number 579202 | visit broker | ||
min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK | visit broker | ||
min deposit: no minimum deposit spread: 1.2 pips leverage: 50:1 regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC | visit broker | ||
min deposit: $10 spread: leverage: regulation: cysec | - | visit broker | |
min deposit: $200 spread: from 3 pips leverage: 400:1 regulation: NFA, FCA, cysec | visit broker | ||
min deposit: $100 spread: starting 0 pips leverage: up to 500:1 regulation: FCA UK, ASIC australia, MAS singapore | visit broker | ||
min deposit: $1 spread: fixed spread from 3 pips leverage: up to 1:1000 regulation: CBR, cysec and FFMS | 30% forex deposit bonus | visit broker | |
min deposit: $250 spread: as low as 0.1 pips leverage: up to 400:1 regulation: ASIC australia and FCA UK | visit broker |
The production of bitcoin is limited to 21 million. It is expected that this will be achieved by 2040. As the price of the bitcoin fluctuates all the time, traders have to do both fundamental and technical analysis in order to decide as to when they can buy or sell the world’s first decentralized currency. Though there are a number of online exchanges where traders can buy bitcoins in exchange for USD, euro, or other currencies, bitcoins are often traded through the online platforms of a few reliable forex brokers.
Among forex brokers, the penetration level of bitcoin is the lowest when compared with the other online payment options. However, bitcoin offers the highest level of security and an opportunity for making payments without disclosing identity. This is unique compared to any of the other existing payment options. Most e-wallets require traders to verify their identity by means of bank transfers, credit cards, or other documents. On the other hand, bitcoin account holders can access their accounts without the need to go through any identification procedure.
As forex brokers ask for a number of identification documents from the trader when opening an account on their platform, the process involved in creating a new bitcoin account for funding the trader’s account is a complicated and tedious. Therefore, the anonymity associated with bitcoin seldom works when it comes to trading currencies. This is to say that it works only if the trader wants to trade currencies without making withdrawals. Regulators also want brokers to obtain a lot of information from their clients prior to allowing them to trade currencies. As such, it is sensible to choose an online forex broker that accepts bitcoins only if the trader has bitcoins in his/her account and want to fund his/her trading account through bitcoins.
Having said this, here are some of the best regulated bitcoin forex brokers you can consider working with:
so, let's see, what we have: licensed bitcoin brokers list with the best bitcoin trading platform, see all the brokers that trades cryptocurrency and also learn to trade cryptocurrency at bitcoin brokers list
Contents
- Top forex bonus list
- Best binary trading sites
- Why you must choose from the list below
- Best online brokers for bitcoin trading
- Best bitcoin trading platform
- Pricing details
- Pricing details per exchange
- Final thoughts
- Read next
- Best bitcoin broker
- Regulated broker
- Accounts
- Currencies
- Website
- Customer service
- The big bitcoin broker FAQ:
- Disclaimer:
- Best cryptocurrency brokers for 2021
- Best cryptocurrency brokers (non-US traders only)
- Plus500 – top rated trading platform
- IQ option – lowest minimum deposit ($10)
- Etoro – top crypto broker
- Highlow – best all-round crypto broker
- Nadex – US traders welcome
- Crypto brokers with most cryptocurrencies
- Lowest minimum deposit brokers
- Top rated brokers that have cryptocurrencies
- How to choose your cryptocurrency broker
- Which cryptocurrencies are you interested in trading?
- Pros and cons of cryptocurrency brokers
- Cryptocurrency brokers – what to look for
- More great features you could be interested in
- Ready to start trading?
- Best bitcoin brokers: A list of reliable platforms [updated 2020]
- Best bitcoin brokers: reviews and benefits
- Etoro
- Iq option
- Plus500
- How to choose a bitcoin trading broker
- Bitcoin trading tips: cfds
- Set stop losses
- The emotional management of trading
- Conclusion
- Fxdailyreport.Com
- Regulated FX brokers that accept bitcoin for deposits/WD
- Best online brokers for bitcoin trading
- Best bitcoin trading platform
- Pricing details
- Pricing details per exchange
- Final thoughts
- Read next
- Cryptocurrency brokers (bitcoin CFD) – list / ranking
- 1. Bitmex
- 2. Etoro
- 3. Tiomarkets
- 4. XBTFX
- 5. Primexbt
- Remember
- Last warnings
- Warnings (18.12): GT stox, world markets…
- Warnings (15.12): coinsoft, HBC market…
- Warnings (14.12): bridgefund, solution markets…
- Warnings (11.12): team PLTNM, J’s world…
- Stay up to date
- Learn about new broker
- Partners
- Recent reviews
- Fxdailyreport.Com
- Regulated FX brokers that accept bitcoin for deposits/WD
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