Cryptocurrency brokers list
So, when figuring out solutions for the problems, miners are competing with other cryptocurrency miners.
Top forex bonus list
It is about winning and losing. The winners will get small amounts of cryptocurrency. Lately, cryptocurrency has continued to gain popularity. This has opened up lots of new trading tools and ways to trade including contracts for difference (CFD). They earn from the difference between the cost of an asset at the present time and what value it could become in the future.
Top cryptocurrency brokers for 2021
We found 11 online brokers that are appropriate for trading cryptocurrency.
Best cryptocurrency brokers guide
Are you interested in investing in cryptocurrency?
If the answer to this is a yes, then you will need to find the right cryptocurrencies brokers whocan accommodate you with the best facilities to trade on the cryptocurrency markets.
Before proceeding, lets cover the real definition of cryptocurrency.
Defining cryptocurrencies
In short, cryptocurrencies are digital or virtual currencies.
These currencies are reliant on cryptography to ensure the security and verification of each digital transaction.
Cryptography can control the number of units and prevent the change of code of the cryptocurrency unless some conditions are met.
The important characteristics of the cryptocurrencies
For some people, cryptocurrencies are the savior of the economy. This is because these can give the perks that not all banks or other financial institutions can provide.
Here are the unique characteristics of the cryptocurrencies which you cannot find in the conventional means of transactions.
No third party involved
There will not be third parties like financial institutions, governments, or any other third party organizations which govern the transactions between you and your recipients, and vice versa.
There is no third party that will intervene in your transaction. And it is a win-win solution with the P2P or peer to peer network. You can send cryptocurrencies through the P2P network and the other users will also be able to do the same for you.
Cryptocurrencies have more transparency
The problem with the conventional transactions is that one can ask for a refund and this will procure such unfortunate things to only one party.
As an example if your buyer has sent you a payment and you have delivered the goods but before the goods reach their destination, your buyer reverses the transaction your result could be that you will not receive the money you are owed and your buyer may have lead you.
You can avoid this issue with the cryptocurrencies transactions as these transactions are irreversible.
Not a single party can alter your transactions and this is why it can offer you more transparent transactions than the conventional fiat currencies.
Decentralized
There is no centralized place to transact at all so you can eliminate the high rates of fees when transferring money.
The cryptocurrency is maintained through the ledger technology called the blockchain. The blockchain prevents all other entities from tarnishing the data. Not a single person can alter the system so that your transactions will be safe and sound. We will discuss blockchain next.
Blockchain definition
Blockchain is bitcoin technology comes in the list of recorded data blocks, which are gathered by cryptography.
The recorded data in the blockchain is referred to as ledger. When there is a new data exchange, usually a transaction, a new block is added to the ledger or the blockchain.
In summary, the blockchain or ledger contains important information.
Cryptocurrency brokers
The era of virtual coin is upon us and is paving a golden path for traders. When trading cryptocurrency it is important to trade through reputable cryptocurrency brokers.
We list some notable cryptocurrency brokers below:
Etoro - being one of the top-rated cryptocurrency brokers it offers several currencies including ethereum, ripple, bitcoin and dash.
XTB - XTB too has a good name among traders and offers a wide range of such virtual currencies including litcoin, ethereum and bitcoin. It is placed as one of the top 5 cryptocurrency brokers in the industry.
Plus500 - it offers crypto throughout the day and night with good leverage for the most popular currencies like litecoin, ripple, neo, ethereum and bitcoin.
What is cryptocurrency?
Cryptocurrency is a virtual coin and is traded on cryptocurrency exchanges through cryptocurrency brokers.
Lately, cryptocurrency has continued to gain popularity. This has opened up lots of new trading tools and ways to trade including contracts for difference (CFD). They earn from the difference between the cost of an asset at the present time and what value it could become in the future.
Cryptocurrency wallets
Similar to other wallets this too facilitates storing, sending and receiving the currency. We explain the three types of cryptocurrency wallet below:
The hardware wallet
The hardware wallet is the most secure crypto wallet as all the data is stored offline. A few of the good examples are trezor, keepkey and ledger nano S.
The paper wallet
A paper cryptocurrency wallet is popular and it is secure. However, it is not as convenient as the hardware wallet.
The software wallet
The software wallet is the most conveniant among the three and can be managed from a desktop or mobile phone device. Some of the cryptocurrency wallets of note are exodus, jaxx and electrum.
Cryptocurrency exchanges
A cryptocurrency exchange is a place where buyers and sellers meet for the purpose of buying, selling or trading the virtual coins with the help of couple of cryptocurrency brokers.
Binance exchange is the most famous cryptocurrency exchange in the world and it offers crypto to crypto trading.
Combase is popular too and it offers trading on 100s and 1,000s of virtual currencies like litecoin, ethereum classic and bitcoin.
Localbitcoins, on the other hand, offers over-the- counter trading of virtual coins. Traders can post a currency for sale on its websites mentioning the rate and payment methods.
ICO and token
Abbreviated for initial coin offering the ICO is a kind of fundraising for a start-up. It is done by selling underlying tokens against ethereum or bitcoin.
ICO is similar to IPO in which traders buy company shares. Investors take an entry at early stage of the project and so are capable of making a profit with the success of the company.
However, one basic difference between the two is that any person from any place in the world can take part in the ICO.
Token meanwhile is a kind of cryptocurrency too but represents a specific asset. It is sometimes used as loyalty points that can be redeemed against discounts. It can also represent something uncommon like one token is 5 bitcoins.
The cryptocurrency mining
Just a little different with the fiat currencies, the cryptocurrencies are usually mined by miners. So, there is a phrase to describe the activity as the cryptocurrency mining.
To define it, it is a process in which the miners use powerful resources, in this case computers and adequate hardware to solve mathematical problems. These complicated problems need to be solved in order to attain the rewards.
To make it more challenging, these mathematical problems have cryptographic hash functions which are linked to the block which contains the information of the transaction.
These mathematical problems are tempted to solve with multiple miners.
So, when figuring out solutions for the problems, miners are competing with other cryptocurrency miners. It is about winning and losing. The winners will get small amounts of cryptocurrency.
The reward comes from the transaction fees the users pay. At least that is how major cryptocurrencies conduct and the other factor which also gives the rewards to the miner is the release of new cryptocurrency.
Cryptocurrency wallet
The cryptocurrency wallet is a digital wallet which the users use to deposit, store, hold, send, and receive digital currency or cryptocurrency.
Do not mistake it with concepts like paypal, payza, or various other digital currency systems. The crypto wallets do not serve as the storage of the cryptocurrency. The wallets only store the information in the form of public and private keys.
Meanwhile, the crypto itself is inside the blockchain. The users do not necessarily store their cryptocurrencies in their wallet. In summary, the cryptocurrencies wallet stores the important information which you can use to access your crypto assets.
Cryptocurrency exchange
When you have the cryptocurrencies assets, you may want to sell it to other users or, you could want to trade the cryptocurrencies. Here is where you will need to use a cryptocurrency exchange.
The cryptocurrency exchange is a platform which allows the users to buy, sell, or trade the cryptocurrencies.
Some exchanges only provide crypto-to-crypto trades, but some also allow the crossover currencies so that you can trade from crypto to fiat or fiat to crypto.
There are many cryptocurrencies exchanges that you can find on the internet. Some of them offer the trades for common cryptos such as BTC, ETH, BNB, USDT, and so on. But some also offer more wider array of currencies exchange.
Cryptocurrency brokers verdict
In current times, it is not exaggerating to say that cryptocurrency is the most volatile asset class that you can find.
It is due to the fact that it comes with the high speculative market not to mention that it currently disrupts the conventional economy so that many established players don�t see it to have inherent value.
Therefore, it is still safe to use the cryptocurrencies but in addition to fiat currencies.
We've collected thousands of datapoints and written a guide to help you find the best cryptocurrency brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best cryptocurrency brokers below. You can go straight to the broker list here.
Reputable cryptocurrency brokers checklist
There are a number of important factors to consider when picking an online cryptocurrency trading brokerage.
- Check your cryptocurrency broker has a history of at least 2 years.
- Check your cryptocurrency broker has a reasonable sized customer support of at least 15.
- Does the cryptocurrency broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your cryptocurrency broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your cryptocurrency broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your cryptocurrency can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering cryptocurrency brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below cryptocurrency brokers.
- What you are able to trade with each brokerage.
- Trading platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers micro, standard, VIP and islamic accounts.
Top 15 cryptocurrency brokers of 2021 compared
Here are the top cryptocurrency brokers.
Compare cryptocurrency brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are cryptocurrency brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more cryptocurrency brokers that accept cryptocurrency clients
Crypto brokers and exchanges
You can’t deny it: the trading world is buzzing, and the main reason is cryptocurrencies. Trade them, invest for the long-term or simply buy them because you believe in the real-world use of that certain coin. As more and more people rush to cryptocurrencies, new crypto brokers and crypto exchanges are offering bitcoin and altcoins to buy or trade.
But just like in the case of other online trading products, not all crypto brokers/exchanges are the best, so you need to research each one before investing with them. Fortunately, the hard work has been done by us already, so we will help you make the difference between them by bringing you top-notch research, statistics, and unbiased opinions, as always. Check out all our reviews of crypto brokers and crypto exchanges below to separate the good ones from the ones that suck!
- Sponsored
- Broker name
- Regulated
- Minimum deposit
- Type
- Score
broker name | regulated | minimum deposit | type | score | |
---|---|---|---|---|---|
24option | yes | 100 | broker | 1 / 10 | |
IQ option | yes | 10 | broker | 9.3 / 10 | visit now |
ayrex | N/A | 25 | broker | 8.0 / 10 | |
nadex | yes | 250 | broker | 9.3 / 10 | visit now |
olymptrade | yes | 10 | broker | 8.4 / 10 | |
expertoption | yes | 10 | broker | 8.8 / 10 | visit now |
itrader | yes | 250 | broker | 8.0 / 10 | |
libertex | yes | 10 | broker | 7.8 / 10 | |
etoro | yes | 200 | broker | 9.5 / 10 | visit now |
Crypto brokers/exchanges list 2020
Search for brokers and exchanges
If you are a crypto enthusiast, you will want to do more than just read articles about bitcoin or watch coinmarketcap for the latest changes. Indeed, you will want to buy and sell a cryptocurrency, to trade it in order to make a profit. But whether you want to buy some bitcoins and let them linger on your hard drive until their price reaches the moon or you want to actively trade every day, you need a crypto broker or a crypto exchange. That’s a fact!
What’s also a fact is that there are tens maybe hundreds of brokers and exchanges that offer cryptos, so finding one shouldn’t be a problem. However, finding one that fits all your requirements can prove a bit more difficult.
Learn about brokers and exchanges
Before giving them your hard earned money, you need to learn all you can about the crypto brokerage or crypto exchange. Where are they located? Do they actually have a physical address or just a virtual office or a PO box? More importantly, are they regulated by one of the major regulatory agencies like cysec (cyprus), FCA (united kingdom) or ASIC (australia)? Or maybe by another, local regulator? These are all things you need to research.
Then there are trading conditions, which are of course a major part of trading. What are the spreads? Are they too high? Because you wouldn’t want to see your trading profits eaten up by spreads or any other trading fees. And of course – withdrawals: how much time does it take, what are the methods, and in case of crypto brokers: do they allow withdrawals to a crypto-wallet?
Another thing to look at is how many cryptocurrencies they offer. Many crypto brokers also offer forex and cfds on stocks, indexes and commodities apart from cryptos, so you need to see how big is the crypto offering if you know this is what you will be trading. If they say they are a crypto broker but only offer bitcoin, ethereum and litecoin, well, that’s not really a crypto-oriented broker. With crypto exchanges, things are different of course, because they only offer crypto buying and selling, not FX or CFD.
Everything we talked about so far and more will be compiled into the “that sucks! Score”, which ranges between 0 and 10. Keep in mind that traders just like you are able to add their review and that will count towards the overall score.
Choose the right crypto broker or crypto exchange
Finally, it’s time to choose what brokerage or exchange you will be using. Remember that you will trust them with your initial deposit and potential profits. While this is technically your money, it is in their possession, so it’s needless to say that if you are dealing with a scam company, you will have a very difficult time getting your money out.
Everything from deposits, withdrawals, trading conditions and much more is covered in our unbiased broker reviews. Also, they are constantly updated and we re-visit each relevant broker and exchange from time to time to see what they’ve changed or how they evolved. Keep it safe and stay away from crypto brokers and crypto exchanges that suck!
Crypto broker vs crypto exchange
So far we’ve been talking a lot about brokers and exchanges and it’s time to explain the difference so we’re all on the same page: when trading on an exchange you buy and sell cryptocurrencies from other traders (or from the exchange itself) and you end up owning the coins that you buy. On the other hand, when dealing with crypto brokers, you only profit from the fluctuations of the price (assuming you get the direction right – buy or sell) and will not own the coins.
Another big difference is that you can get your crypto coins out from an exchange and do whatever you want with them. As I’ve said: you own them. With brokers, however, you simply trade a contract for difference on cryptocurrencies and have the possibility to make a profit from the price fluctuation but you cannot withdraw the coins that you are trading. You actually buy a contract on price fluctuation, not the coin itself.
To help you properly understand the characteristics and differences between crypto brokers and crypto exchanges, along with pros, cons, and risks associated with each one, we’ve prepared a full article titled investing vs trading cryptocurrencies. Both options are great, you just have to decide which one suits you.
Crypto brokers
A broker is a general term used for a venue where you can trade contracts for difference (CFD) on cryptocurrencies. In other words, the trader decides on the direction of the trade he/she wants to open and then, he/she makes a profit or a loss depending on how the coin behaved. Sells will be in profit if the coin depreciates and buys will be in profit if the coin appreciates.
Usually, crypto brokers offer easy to use trading platform, a friendly user interface, proper customer support and – maybe the most important feature – leverage, which means that the trader can control (open) a bigger position with just a fraction of its entire value (this also increases risk, so be aware). For a more in-depth view on crypto brokers, check out trading cryptos with CFD brokers.
Crypto exchanges
At exchanges, you buy and sell the actual coin, not a contract on its price movement. As said before, this means that you own the coin you buy and you can dispose of it in any way you like. Their trading platforms usually offer a lot of features to help with technical analysis and appeal to a more sophisticated type of trader but with a bit of practice, anyone can understand how to use them. For a complete guide on types of crypto exchanges, how to use them and more, read our article crypto exchanges: everything you need to know.
Best crypto trading forex brokers for 2021
Below you will find a list of forex brokers that offer cryptocurrency trading instruments (e.G. BTCUSD, ETHUSD, LTCUSD) and allow account funding with major crypto coins. In most cases, these are bitcoin, etherium and litecoin, although certain companies provide more options. Blockchain technologies made crypto transactions very simple and highly anonymous. Hence, some forex brokers don’t even require to undergo an account verification process before you can deposit or withdraw some funds in the form of cryptocurrency.
Who are crypto forex brokers? These are forex brokers that also list cryptocurrency assets on their platforms, usually in combination with fiat currencies to form a crypto-fiat pairing. Examples of crypto-fiat pairs include BTCUSD, DASHUSD, ETHUSD and LTCUSD. These cryptocurrency assets are CFD instruments and do not warrant owning the actual cryptocurrencies in itself.
What crypto assets are offered by crypto forex brokers?
Assets that are offered by crypto forex brokers include various pairings between cryptocurrencies and fiat currencies. Popular cryptos used in these pairings are bitcoin (BTC), ethereum (ETH) and litecoin (LTC). However, other cryptos such as DASH, ripple, NEO and stellar lumens have emerged as crypto assets that are making their way onto platforms featured by crypto forex brokers. Fiat currencies which are used as the counter asset in these pairings are US dollar (most popular), euro and british pound. So you get to find pairings such as BTC/USD, ETH/USD, LTC/USD, DASH/USD, BTC/EUR, etc. The exact combinations will differ from broker to broker. These crypto assets are usually listed on popular platforms such as the MT4, where they can be traded just like any other currency pair of CFD asset. You can use market or pending orders to setup trades, or trade with the regular lot sizes featured on the platforms to setup your trades.
Account opening with crypto forex brokers
Opening an account with a crypto forex broker is quite simple, and follows the regular process of account opening, which involves filling an online form. Account verification is also easier, especially if you are going to use a crypto-only account, or if you will use cryptos for deposits and withdrawals. This is because cryptocurrency transactions are basically anonymous and do not require verification of the identities of the individuals involved in the transaction. So if you opt for a crypto transaction method for deposits and withdrawals, your account will most likely be opened for trading without verification.
Depositing/withdrawing funds on crypto forex broker platforms
Some crypto forex brokers require that you open a dedicated account that can be used to trade cryptocurrency assets, while others allow you to use the same regular trading accounts used to forex and cfds. In the last few years, some crypto forex brokers have opened up new payment channels that allow their clients to deposit and withdraw their holdings in cryptocurrencies. Bitcoin and ethereum are the popular cryptocurrencies used for such deposits and withdrawals. To be able to use these cryptos for deposit and withdrawal transactions, there is a need to get a wallet to be able to hold your assets. These wallets are usually provided by the crypto forex broker. Making a deposit in cryptocurrencies will require you to obtain BTC or ETH from a third party source exchange, store this in an external wallet, and transfer what you want to trade with to your wallet on the crypto forex broker platform. Withdrawals will also follow the same route. The advantage here is that the cryptos used in conducting your deposit transactions are held in a cold wallet and are not accessible to hackers, unlike the ones held in exchanges which are hot wallets and are vulnerable to theft by hackers. Brokers like simplefx typify an emerging trend where crypto forex brokers are increasingly dispensing with fiat deposit methods and replacing these with more crypto-based methods. Presently, simplefx allows users to deposit and withdraw funds in cryptos such as bitcoin, bitcoin cash, ethereum, dash and litecoin. It also offers e-wallets such as fasapay, skrill and neteller. You really would not even find the bank wire or card options here.
For other brokers, you will also be able to use conventional means of payment to transact on your account. This includes the use of bank wires, credit/debit cards and e-wallets such as skrill, neteller and webmoney.
More consistently, you will find that some of the crypto forex brokers in our list offer both fiat and cryptocurrency deposit and withdrawal methods. Thinkmarkets is an example of this hybrid transaction model, as it offers the fiat methods just mentioned as well as the bitcoin method using the bitpay wallet.
How were crypto forex brokers on this list selected?
Certain factors were considered in compiling the list of the best crypto forex brokers you can use today. These factors include leverage/margin requirements, security of transactions and spreads.
Leverage/margin requirements
Trading cryptocurrencies on forex broker platforms in europe and the UK has become very expensive, no thanks to the 1:2 leverage cap imposed by the european securities and markets authority (ESMA). Ordinarily, spreads on some cryptocurrency assets such as BTC/USD are quite high, and margin requirements as well as the inherent volatility of some of these assets may overwhelm most traders’ financial capacity. In compiling our list of the best crypto forex brokers, one of the criteria used for selection was to seek for platforms that had friendlier leverage provisions. The leverage provided by many of the brokers on our list for trading cryptocurrency assets ranges from 1:2 to 1:100. In terms of cost implications to the trader, what does this mean?
Trading LTC/USD with a leverage of 1:2 means that setting up a $100,000 position on this asset will require a margin of $50,000. But on a crypto forex broker platform like that of primexbt (one of the brokers found on our list), the leverage provided for trading this asset is 1:100. This means that you can trade a standard lot with a margin of $1000. Look at the difference in the two positions: $50,000 margin (UK/EU broker) as opposed to $1,000 margin (our broker). It goes without saying that this represents significant cost savings and using our brokers will make crypto trading on a forex platform cheaper.
Security of transactions
For those who opt to use the crypto-based funding and withdrawal methods, a key advantage of using crypto forex brokers is the safety of transactions. Rather than expose your crypto holdings in exchange-based hot wallets, you can use the same holdings in secure cold wallets to fund your account and trade the same assets as cfds. This represents a far more secure way to trade and enables the trader to have immense peace of mind. It should also be mentioned that most crypto forex brokers mentioned here are regulated, and so there is accountability in how business is conducted on those platforms. Using exchanges which are unregulated always carries risks, as users of cryptopia and quadrigacx have found out the very hard way.
Spreads
Cryptos tend to have higher spreads than any other assets on these crypto forex platforms. For instance, the spread on LTC/USD on simplefx is 14,800 points, or $148 for a standard lot position. But comparatively speaking, the spreads on crypto assets with our crypto forex brokers are lower than what you will get on other platforms. Spreads are the trader’s cost, and for assets that carry wider spreads, this cost simply needs to be kept as low as possible. By offering traders lower spreads, the savings that will be realized over time will prove beneficial for the trader.
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.
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Crypto brokers and exchanges
You can’t deny it: the trading world is buzzing, and the main reason is cryptocurrencies. Trade them, invest for the long-term or simply buy them because you believe in the real-world use of that certain coin. As more and more people rush to cryptocurrencies, new crypto brokers and crypto exchanges are offering bitcoin and altcoins to buy or trade.
But just like in the case of other online trading products, not all crypto brokers/exchanges are the best, so you need to research each one before investing with them. Fortunately, the hard work has been done by us already, so we will help you make the difference between them by bringing you top-notch research, statistics, and unbiased opinions, as always. Check out all our reviews of crypto brokers and crypto exchanges below to separate the good ones from the ones that suck!
- Sponsored
- Broker name
- Regulated
- Minimum deposit
- Type
- Score
broker name | regulated | minimum deposit | type | score | |
---|---|---|---|---|---|
24option | yes | 100 | broker | 1 / 10 | |
IQ option | yes | 10 | broker | 9.3 / 10 | visit now |
ayrex | N/A | 25 | broker | 8.0 / 10 | |
nadex | yes | 250 | broker | 9.3 / 10 | visit now |
olymptrade | yes | 10 | broker | 8.4 / 10 | |
expertoption | yes | 10 | broker | 8.8 / 10 | visit now |
itrader | yes | 250 | broker | 8.0 / 10 | |
libertex | yes | 10 | broker | 7.8 / 10 | |
etoro | yes | 200 | broker | 9.5 / 10 | visit now |
Crypto brokers/exchanges list 2020
Search for brokers and exchanges
If you are a crypto enthusiast, you will want to do more than just read articles about bitcoin or watch coinmarketcap for the latest changes. Indeed, you will want to buy and sell a cryptocurrency, to trade it in order to make a profit. But whether you want to buy some bitcoins and let them linger on your hard drive until their price reaches the moon or you want to actively trade every day, you need a crypto broker or a crypto exchange. That’s a fact!
What’s also a fact is that there are tens maybe hundreds of brokers and exchanges that offer cryptos, so finding one shouldn’t be a problem. However, finding one that fits all your requirements can prove a bit more difficult.
Learn about brokers and exchanges
Before giving them your hard earned money, you need to learn all you can about the crypto brokerage or crypto exchange. Where are they located? Do they actually have a physical address or just a virtual office or a PO box? More importantly, are they regulated by one of the major regulatory agencies like cysec (cyprus), FCA (united kingdom) or ASIC (australia)? Or maybe by another, local regulator? These are all things you need to research.
Then there are trading conditions, which are of course a major part of trading. What are the spreads? Are they too high? Because you wouldn’t want to see your trading profits eaten up by spreads or any other trading fees. And of course – withdrawals: how much time does it take, what are the methods, and in case of crypto brokers: do they allow withdrawals to a crypto-wallet?
Another thing to look at is how many cryptocurrencies they offer. Many crypto brokers also offer forex and cfds on stocks, indexes and commodities apart from cryptos, so you need to see how big is the crypto offering if you know this is what you will be trading. If they say they are a crypto broker but only offer bitcoin, ethereum and litecoin, well, that’s not really a crypto-oriented broker. With crypto exchanges, things are different of course, because they only offer crypto buying and selling, not FX or CFD.
Everything we talked about so far and more will be compiled into the “that sucks! Score”, which ranges between 0 and 10. Keep in mind that traders just like you are able to add their review and that will count towards the overall score.
Choose the right crypto broker or crypto exchange
Finally, it’s time to choose what brokerage or exchange you will be using. Remember that you will trust them with your initial deposit and potential profits. While this is technically your money, it is in their possession, so it’s needless to say that if you are dealing with a scam company, you will have a very difficult time getting your money out.
Everything from deposits, withdrawals, trading conditions and much more is covered in our unbiased broker reviews. Also, they are constantly updated and we re-visit each relevant broker and exchange from time to time to see what they’ve changed or how they evolved. Keep it safe and stay away from crypto brokers and crypto exchanges that suck!
Crypto broker vs crypto exchange
So far we’ve been talking a lot about brokers and exchanges and it’s time to explain the difference so we’re all on the same page: when trading on an exchange you buy and sell cryptocurrencies from other traders (or from the exchange itself) and you end up owning the coins that you buy. On the other hand, when dealing with crypto brokers, you only profit from the fluctuations of the price (assuming you get the direction right – buy or sell) and will not own the coins.
Another big difference is that you can get your crypto coins out from an exchange and do whatever you want with them. As I’ve said: you own them. With brokers, however, you simply trade a contract for difference on cryptocurrencies and have the possibility to make a profit from the price fluctuation but you cannot withdraw the coins that you are trading. You actually buy a contract on price fluctuation, not the coin itself.
To help you properly understand the characteristics and differences between crypto brokers and crypto exchanges, along with pros, cons, and risks associated with each one, we’ve prepared a full article titled investing vs trading cryptocurrencies. Both options are great, you just have to decide which one suits you.
Crypto brokers
A broker is a general term used for a venue where you can trade contracts for difference (CFD) on cryptocurrencies. In other words, the trader decides on the direction of the trade he/she wants to open and then, he/she makes a profit or a loss depending on how the coin behaved. Sells will be in profit if the coin depreciates and buys will be in profit if the coin appreciates.
Usually, crypto brokers offer easy to use trading platform, a friendly user interface, proper customer support and – maybe the most important feature – leverage, which means that the trader can control (open) a bigger position with just a fraction of its entire value (this also increases risk, so be aware). For a more in-depth view on crypto brokers, check out trading cryptos with CFD brokers.
Crypto exchanges
At exchanges, you buy and sell the actual coin, not a contract on its price movement. As said before, this means that you own the coin you buy and you can dispose of it in any way you like. Their trading platforms usually offer a lot of features to help with technical analysis and appeal to a more sophisticated type of trader but with a bit of practice, anyone can understand how to use them. For a complete guide on types of crypto exchanges, how to use them and more, read our article crypto exchanges: everything you need to know.
Top 10 online cryptocurrency trading brokers
The pioneer of social trading is now offering an exclusive opportunity for investors who want exposure to the most popular cryptocurrencies like bitcoin, dash, ethereum and more. Trade crypto 24/7 at etoro with no rollover fees!
- World's leading social trading platform
- Proven track record of security
- Unlimited daily withdrawals
- Min. Deposit of $200 to get started
- Instant trade execution
With over 30 years of trading experience and trades in over 50 countries, city index is a leader in spread betting, CFD and forex trading. Trade in 12,000+ global markets including bitcoin, indices, shares, forex and much more.
- Trade on 12,000+ markets including bitcoin
- Trade anytime, anywhere. Across all devices
- Risk management & transparent pricing
- Fast execution on every trade
Thanks to an excellent reputation, high trading standards, and multilingual customer care, avatrade has become one of the industries leading brokers. Offering highly competitive spreads on a wide variety of trading investments.
- Get up to
14,000 bonus - No commission/no exchange fees
- Trade a wide variety of crypto cfds
With markets.Com get ZERO commission trading on cryptocurrency, forex and commodity cfds with one of the most sophisticated trading platforms in the industry.
- No commission trading
- Use paypal to trade bitcoin futures
- Advanced innovative trading platforms
Easymarkets was formed by bankers and forex experts and has been serving the forex market for 16 years, with transparent pricing, fixed spreads and no commissions on deposits or withdrawals. Now with cryptocurrency cfds!
- Demo account is unlimited
- Trade bitcoin with no slippage - ever!
- No commissions or sneaky fees
T&C's apply to each of the offers above, click "visit site" for more details.
Risk warning: users should be aware that all investment markets carry inherent risks, and past performance does not assure future results. Trading of any kind is a high-risk activity, and you could lose more than you initially deposited. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 73-89% of retail investor accounts lose money when trading cfds. Please be sure you thoroughly understand the risks involved and do not invest money you cannot afford to lose. Your capital is at risk. Advertiser disclosure: topbrokers.Trade is an independent professional comparison site funded by referral fees. The compensation topbrokers.Trade receives is derived from the companies and advertisements featured on the site. Due to this compensation, we can provide our users with a free comparison tool. Unfortunately we are unable to list every broker or exchange available, however, we do our best to review as many as possible.
The pioneer of social trading is now offering an exclusive opportunity for investors who want exposure to the most popular cryptocurrencies like bitcoin, dash, ethereum and more. Trade crypto 24/7 at etoro with no rollover fees!
With over 30 years of trading experience and trades in over 50 countries, city index is a leader in spread betting, CFD and forex trading. Trade in 12,000+ global markets including bitcoin, indices, shares, forex and much more.
Thanks to an excellent reputation, high trading standards, and multilingual customer care, avatrade has become one of the industries leading brokers. Offering highly competitive spreads on a wide variety of trading investments.
How to get started in cryptocurrency trading
As the trade volumes are reaching billions of dollars a day and the market caps are hitting tens of billions of dollars, it is no wonder that cryptocurrencies fuel the modern day gold rush. Today is an age of digital currencies, with hundreds of cryptocurrencies birthed within the decade. There are already more than a thousand cryptocurrencies in the market, and almost daily a new initial coin offering (ICO) appears.
What is cryptocurrency?
Today, the most famous cryptocurrency is bitcoin. Its inventor attempted to build a “peer-to-peer electronic cash system”. Many have tried this system many times before. However, the main difference between bitcoin and the previous efforts, like digicash, was that it was to be entirely decentralized. Since no overarching entity is controlling the currency, the notion of “trust” would be eliminated from the system.
To combat “double spending”, the major problem in all the digital cash systems at that point, satoshi nakamoto, bitcoin’s inventor, proposed the blockchain technology. The blockchain technology is a revolutionary technology that records all the transactions made with this currency.
For any single balance, transaction, or change to the network to take place, there needs to be a consensus amongst those who validate the network – the miners. Since the invention of bitcoin, many programmers have attempted to use the model and change it to provide what they consider a more functional form of digital cash.
The other kinds of cryptocurrencies include monero, new economy movement, litecoin, and ether. Many of these cryptocurrency efforts tailor their currency for an individual and particular purpose. Some of the most common purposes are speed, privacy, and price.
What are cryptocurrencies used for?
Since cryptocurrency is such a new technology, it may be that people have not used it yet for its eventual use. Still, today people utilize it for many various purposes. These purposes include, but aren’t limited to the following: trading, remittances, payment for goods and services, investment, gambling, private monetary transactions, and as a hedge against national currencies which are suffering from rapid devaluation (greece, venezuela for example).
As the whole cryptocurrency space begins to expand, it’s likely that we will see some additional applications joining the list of purposes for the crypto currency. There are already young services such as steemit, which aims to revolutionize the way people pay for content on social media, in addition to services like musicoin which attempts to find a more equitable way to pay artists without the need for a middleman.
What is the difference between bitcoin and ethereum?
All cryptocurrencies have their own characteristics. However, recently one coin has come to challenge bitcoin more than ever before. Ethereum is the new player on the market. The reasons that it is a challenge to bitcoin are easy to understand.
Ethereum emerged as an effort to try to correct some of the main criticisms made towards bitcoin – especially regarding security.
What ethereum has accomplished to do was to provide transactions that are safer, more flexible contracts that are compatible with any wallet, with short block times for negotiating (where the confirmations are easier). Also, ethereum is available more than bitcoin. Whereas more than two-thirds of bitcoin has already been mined, access to ethereum is still widely available. Another main difference between these two cryptocurrencies is that ethereum allows for different developers to raise funds for their projects. It can, therefore, be in itself a kickstarter for some projects.
One of the main advantages to ethereum is that it’s a more secure, easy to use, flexible, and transact coin. In addition to this advantage, it has brought innovations in terms of entrepreneurship and investment. And this is posing a serious challenge to bitcoin’s market cap.
What is the difference between a cryptocurrency exchange and a cryptocurrency broker?
You can invest in cryptocurrency in two ways. First, cryptocurrency can be bought and sold at a cryptocurrency exchange and stored in a digital wallet. The second method would be to invest in crypto as a CFD with regulated cryptocurrency brokers. With CFD cryptocurrency trading, the digital currency is treated as a speculative investment and traded as a contract for difference (or CFD), through brokers.
Platforms that allow traders to buy and sell cryptocurrencies are cryptocurrency exchanges. Dues to the fact that it is a very recent – and booming – market, the majority of these platforms are relatively new. But, of course, one of the essential questions that people ask is how to know if a particular platform is safe or not.
The only way that you can find out is to check if the exchange provides transparent data of the coins that are in cold storage. What this means is, whether it has the reserves that it requires to provide liquidity to its activities. You can find check this easily by checking whether an exchange is regulated or not.
Trade cryptocurrency online using CFD services
If you are interested in trading because of the opportunity to profit from the incredible volatility of cryptocurrency, your best option is to use an online trading platform that allows CFD services. Currently, there are very few CFD platforms that allow this kind of trade, so to see available options refer to our recommendations above.
CFD brokers are a great option if you want to trade cryptocurrencies with the option to accept multiple forms of payment. If you want to buy cryptocurrency with paypal, you can, and these forums also accept major credit cards and wire transfers as well. Furthermore, if you choose to trade through a forex or CFD platform, you will pay the lowest commissions possible. That is in comparison to other investment alternatives. CFD and forex companies use an exchange rate that is an aggregate of different crypto exchanges.
Trading cryptocurrencies – getting started with cfds (contracts for differences)
Cryptocurrency cfds allow you to trade digital coins without actually owning any. Crypto cfds were generated to give traders exposure to the cryptocurrency market without the need for ownership.
Contracts for differences, also known as “cfds,” represent a contract between trader and exchange. Cfds declare that the difference between the price on entry and the price on exit will be a trader’s profit or loss. Basically, cfds are an agreement held between two parties that simulate an actual asset.
How to make money trading crypto
There are several ways to make money cryptocurrency trading. The most popular is trading bitcoin against the US dollar, known in market terms as the BTC/USD pair. The first method is to find a top cryptocurrency broker and to invest in a digital currency in the same way that you would do with a physical currency – by buying low and selling high. Since cryptocurrency is highly volatile, you should be able to identify the dip with studying and market research.
Read on to learn how to find the best cryptocurrency brokers. Be sure to review the platforms we suggest above, all are fully-registered and come highly recommended. For additional information regarding trading cryptocurrency as a CFD, check out our guide on “the basics of cfds“. It’s important that you remember that leverage works both ways and it will magnify the gains and losses.
How to choose the best cryptocurrency trading broker online
Because there’s so much competition in the market as well as having countless cryptocurrency brokers to choose from, it can be difficult to know which option will be best for you. Here are a few key points we suggest keeping in mind when deciding how to best invest:
Regulation
Each country has its own regulatory body. The regulatory body develops rules, services and programs to protect the integrity of the market. The regulators protect traders, and investors as well as the cryptocurrency brokers themselves. Their main obligation is to help members meet regulatory responsibilities. Due to potential safety concerns regarding deposit, you should exclusively open accounts with regulated firms.
Customer service
Cryptocurrency trading takes place 24 hrs a day, so customer support should be available at all times. Ideally, you will want to speak with a live support person rather than a time-consuming auto-attendant. Give a call to the customer service centre to get an idea of the type of customer service provided. Check on wait times and find out the representative’s ability to answer questions regarding spreads and leverage, trade volume, and company details.
Account types
Your ideal cryptocurrency trading broker should be able to offer either multiple account options or an element of customizability. Look for cryptocurrency brokers that offer competitive spreads and easy deposits/withdrawals.
Currency pairs
Cryptocurrency brokers can provide a selection of cryptocurrency pairs. However, it is most important is that they provide the variety of pairs that interest you. While there are many digital currencies available for trading, there are only a few get the majority of the attention, and as the result, trade with the highest liquidity.
Platform type
The trading platform is the investor’s portal to the markets. With that in mind, look for a platform that’s easy to use, straightforward and offers an advanced collection of analytical and technical and tools. These features will help to enhance your trading experience.
Here at topbrokers.Trade, we take pride in providing the best possible trading brokers comparison, reviews and ratings. These reviews enable you to select the best trading platform for your needs. We don’t just help you to pick a great place to trade, but also do everything that we can, to show you how to get started. For more information on cryptocurrencies, please see our tutorial: the basics of cryptocurrency
The pioneer of social trading is now offering an exclusive opportunity for investors who want exposure to the most popular cryptocurrencies like bitcoin, dash, ethereum and more. Trade crypto 24/7 at etoro with no rollover fees!
Best cryptocurrency brokers
Luke jacobi
Contributor, benzinga
Want to jump straight to the answer? The best crypto platform for most people is definitely etoro.
Many people believe that cryptocurrencies are the future of finance. When you’re ready to leap into crypto, choosing a broker to trade or invest in cryptocurrencies is one of the most important steps to your success in the crypto market.
Get started now with benzinga’s picks for the best cryptocurrency brokers to choose the right one for you.
Best crypto brokers and trading platforms:
- Best for social trading: etoro
- Best for ease-of-use: gemini
- Best for new investors: coinbase
- Best for gold investments: itrustcapital
- Best for high volume forex traders: cryptorocket
- Best for accessibility: altrady
- Best for multiple exchanges: voyager
Best crypto brokers
Since different brokers have different strengths, you need to figure out what kind of broker best suits your cryptocurrency interests. Some brokers provide a social trading platform where you copy other cryptocurrency traders’ trades in your own account. Others can offer the ability to make transactions in a broader selection of altcoins.
Choosing the best crypto broker depends largely on addressing your needs as an investor or trader. The following list crypto brokers been selected for different reasons to meet the needs of differing cryptocurrency trading and investing styles.
Commissions
Account minimum
1. Best for social trading: etoro
Etoro fundamentally changed the way many people trade and invest with its social trading platform. Social trading involves mirroring another trader or investor’s transactions in a special social trading account. While you make the same amount proportionally as the trader you’re copying, you also take the same percentage of losses the trader takes in their account.
In addition to its regular crypto trading platform, etoro offers an advanced cryptocurrency exchange platform called etorox. This platform is designed for algorithmic traders and institutional grade investors. It offers traders access to tight-dealing spreads, and its algox application programming interface (API) can be used to create custom automated trading tools.
Commissions
Account minimum
2. Best for ease-of-use: gemini
Stay on top of market trends, build your crypto portfolio and execute your trading strategy with gemini’s easy-to-use tools. The gemini app is available on all the major app stores, and it puts the industry’s best crypto exchange and wallet in your hands.
Gemini’s app is easy to use. You can track asset prices and real-time market prices and set price alerts so you can act fast on price movements for individual assets. You can also schedule recurring buys on bitcoin and other cryptocurrencies.
Invest with peace of mind with gemini’s solid cybersecurity and custody solutions. Create a free account and make your 1st buy in as little as 3 minutes.
Commissions
Account minimum
3. Best for new investors: coinbase
Coinbase is 1 of the largest and oldest cryptocurrency exchanges. It currently services 35 million customers worldwide. Coinbase has extensive educational resources and an intuitive interface ideal for new traders and investors.
The exchange also provides clients with a hosted wallet and offers global customer support. Coinbase is an excellent choice for those new to the cryptocurrency market who do not wish to use social trading services.
Commissions
Account minimum
4. Best for gold investments: itrustcapital
Itrustcapital is 1 of the few cryptocurrency brokers that lets you trade and hold physical gold in your individual retirement account (IRA). You can also trade bitcoin (BTC), ethereum (ETH), litecoin (LTC) and bitcoin cash (BTH) in your IRA. Itrustcapital provides you with a personal wallet by curv for your crypto transactions.
While itrustcapital has no minimum trade or account size, the company charges account holders a flat fee of $29.95 per month. This amount includes all IRA fees, asset custody charges and access to its trading platform, although all cryptocurrency trades carry an additional 1% transaction charge based on the trade size.
If you’re planning for your retirement and want to add physical gold to your cryptocurrency portfolio as an inflation hedge, then itrustcapital is a solid choice.
5. Best for high volume forex traders: cryptorocket
Cryptorocket offers straight through processing (STP) to its trading clients. This means you deal directly with the crypto and forex markets and not through intermediaries or market makers. This broker model is ideal for high volume forex traders who tend to be sensitive to dealing spreads.
In addition to the 35 crypto pairs offered, you can trade 55 fiat currency pairs, 64 major stocks and 11 indices. If you are based in a jurisdiction with relatively lax retail forex trading regulatory oversight, you may even be able to take advantage of cryptorocket’s 500:1 maximum leverage ratio for forex trades.
Cryptorocket also supports the popular 3rd-party metatrader4 trading platform.
6. Best for accessibility: altrady
Altrady is built by crypto traders for crypto traders. It makes cryptocurrency trading accessible for beginner, intermediate and advanced traders.
You can get the tools that professional crypto traders use without the expensive price tag. Altrady’s platform is intuitive and easy-to-use. Its crypto trading software platform adapts to your needs.
It combines 10 connected exchanges. It also offers immediate price alerts, portfolio manager, break-even calculator, and customizable trading pages by allowing traders to manipulate widgets to create preferred layout in order to trade comfortably, limit ladder order, gain quick access to market tabs, and integrated market scanners.
Commissions
Account minimum
7. Best for multiple exchanges: voyager
Voyager connects to more than a dozen of the most trusted and secure crypto exchanges so you have access to the largest crypto trading market available anywhere. Voyager gives you faster, more reliable execution, plus:
- Access to multiple exchanges: voyager partnered with over a dozen of the most trusted and secure crypto exchanges and liquidity providers. Voyager’s exchange connectivity offers you competitive prices on your trades and faster, more reliable execution.
- Commission-free trading: voyager operates commission free to save you money. You save money on trades through its extensive crypto market and best execution technology. Voyager achieves price improvement on over 90% of customer orders.
Start trading at a better price today! Download the voyager app today.
Crypto advantages vs. Disadvantages
Trading and investing in cryptocurrencies often carry a considerable degree of risk, as you may have observed given the volatility of bitcoin and some other digital currencies. Despite the disadvantages currently associated with cryptos versus fiat currencies (like lower liquidity and minimal payment options), the advantages of holding cryptocurrencies will increase as they become a more common form of payment.
Here’s a quick shot of crypto advantages and disadvantages.
Advantages
- Security. Technology advances typically lead to increased intrusion into your privacy. In contrast, all identities and transactions are strictly secured in the digital currency environment. While most cryptocurrency transactions are very secure, you still could be vulnerable to cybercriminal actions, like hacking.
- Low transaction fees. Because of the elimination of intermediaries like financial institutions, cryptocurrency transaction fees are generally quite low.
- Decentralized. The lack of a central exchange or authority overseeing cryptocurrencies is one of their defining characteristics. Many people consider this among the biggest advantages of cryptocurrencies and blockchain technology.
- High potential returns. You only have to look at a long-term bitcoin price chart to get an idea of the returns you can make investing wisely in digital currencies. The crypto world is still developing and expanding, so investing in the right digital currency now could translate into considerable returns in the future.
Disadvantages
- Acceptance. Because digital currencies have not yet become mainstream, most businesses will not accept them as payment for goods or services. This situation will eventually change as public perception makes digital currencies more acceptable as forms of payment. For example, paypal has recently allowed customers to hold bitcoin balances and has plans to allow payments using that cryptocurrency by early 2021.
- Volatility. The market volatility observed in some digital currencies can lead to large gains or large losses. Trading and investing in crypto is not for everyone, especially those with a low pain threshold or aversion to risk.
- Taxes. The internal revenue service (IRS) states on its official website that “virtual currency transactions are taxable by law just like transactions in any other property.” that IRS web page also links to a guide about how existing general tax principles apply to transactions made using digital currencies.
- Illegal activities. Due to the fact that digital currency transactions generally provide identity security, many people operating outside the law are thought to use digital currency for illegal activities. These activities could include money laundering, “dark web” transactions, and drug and human trafficking.
Cryptocurrency vocabulary
Like many other financial markets, the cryptocurrency market has evolved its own jargon. Some of the key terms used by market operators are defined below.
- Block. A collection of transactions permanently recorded on a digital ledger that occur regularly in every time period on a blockchain.
- Blockchain. A constantly growing list of blocks in a peer-to-peer network that records transactions.
- Cryptocurrency exchanges. Also called digital currency exchanges, these generally consist of online businesses that allow customers to exchange cryptocurrencies for fiat currencies or other cryptocurrencies.
- Cryptocurrency wallet. A secure digital account used to send, receive and store digital currencies. Crypto wallets can either be cold wallets that are used for storing cryptos in an offline environment or hosted wallets that are hosted by 3rd parties. Hosted wallets store your private keys and provide security for your digital currency balances.
- Distributed ledger. A network of decentralized nodes or computers that connect to a network where transaction data is stored. Distributed ledgers do not have to involve cryptocurrencies and can be either private or permissioned.
- Fork. Also known as a “chain split,” a fork is a split that creates an alternate version of a blockchain that then leaves 2 blockchains running simultaneously. For example, bitcoin and bitcoin cash came about due to a fork in the original bitcoin blockchain. Another type of fork is known as a “project” or “software fork.” this occurs when cryptocurrency developers take the source code of an existing altcoin project and create a new project. For example, litecoin is a project fork of bitcoin.
- ICO. An initial coin offering (ICO) occurs when a new digital currency or token is sold, typically at a discount, to its first set of investors. An ICO lets issuing cryptocurrency companies raise funds from the public to support their coin’s development and maintenance.
- Mining. A computationally-intensive process performed within a cryptocurrency network where blocks are added to the blockchain by verifying transactions on its distributed ledger. Miners are rewarded with digital coins as compensation for their successful computational efforts.
Are you ready for the future?
Digital currency and the blockchain appear to be the future of finance. Despite their current typical volatility and lack of widespread acceptance as a payment method, cryptocurrencies seem destined to become increasingly used for online payments. They could therefore make an interesting long-term investment, especially if you have a strong appetite for risk.
Where we will be in 20 years is anyone’s guess, but cryptocurrencies and blockchain technology show growing promise as forces to be reckoned with in the financial world. Get started today with 1 of our recommended crypto brokers.
Try gemini
Gemini builds crypto products to help you buy, sell, and store your bitcoin and cryptocurrency. You can buy bitcoin and crypto instantly and access all the tools you need to understand the crypto market and start investing, all through one clear, attractive interface. Gemini crypto platform offers excellent account management options. You can manage your account at a glance, view your account balance 24-hour changes and percent changes. Get started with gemini now.
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.
Cryptocurrency
The full list of online brokers offering cryptocurrency trading, including bitcoin, litecoin, ethereum and more.
Bitcoin trading has been supported by a number of brokers for a couple of years already but this year saw an absolute explosion in the number of cryptocurrency offerings. The incredible rally in blockchain asset prices has attracted so many new companies to the crypto bandwagon – how does a trader choose who to go with?
To help, finance magnates has assembled the ultimate list of brokers offering cryptocurrency trading. We examined which top currencies they support and what the offered leverage is, so you can review the whole market in one place.
Why trade with a broker?
Most crypto investors still trade with exchanges directly, which raises the question – what is the need for a broker at all? There are several answers to this but all emanate from the issue of user experience.
Most cryptocurrency exchanges were not built with a simple trading experience in mind. As such they offer cumbersome interfaces, little support for 3rd party platforms and very limited customer support options.
If you have ever tried to contact one of the bigger exchanges with a problem that needed active support, you likely only received canned email responses that felt like corresponding with a cheap chat robot. A good broker must offer great client support so if you forget your password and can’t get a text message confirmation (2FA) you won’t completely lose your account as can happen with an exchange.
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The different types and styles of social trading in forexgo to article >>
Online brokers have about twenty years of experience with trading, developing platforms and ancillary services while the cryptocurrency ecosystem is still developing. If you are used to trading on the charts, from a mobile app or need all your EA robots for algo trading, a broker is the way to go.
Crypto exchanges have also fallen victim to cyber attacks, exit scams and FBI takedowns. While everyone can be hacked, at least a broker which you know and trust can provide some accountability in case anything goes wrong.
Why are FX brokers adding cryptocurrencies?
In a word, volatility. While long term investors can just buy an asset at an exchange, transfer it to a secure wallet and hold, day traders look for something else. Volatility creates many small trading opportunities which they try to capture with risking holding for long term. As such, crypto assets are magnet for short term and algo forex traders.
The major fiat currency pairs offer volatility that is literally thousands of times less than cryptocurrencies, so they can not match the excitement associated with trading them.
Beyond that, there is incredible hype right now surrounding bitcoin and ethereum in the mainstream financial media, and many clients are simply demanding access to them as a result. By offering just a few more cfds, a broker can capture a huge new market of people looking to speculate on this hot new thing that they heard about without any desire to ever use blockchain assets for anything else.
So, let's see, what we have: compare the best cryptocurrency brokers for 2021. Read our cryptocurrency brokers guide. Our pros compare and list the top trading cryptocurrency brokers. At cryptocurrency brokers list
Contents
- Top forex bonus list
- Top cryptocurrency brokers for 2021
- Best cryptocurrency brokers guide
- Are you interested in investing in cryptocurrency?
- Defining cryptocurrencies
- The important characteristics of the cryptocurrencies
- No third party involved
- Cryptocurrencies have more transparency
- Decentralized
- Blockchain definition
- Cryptocurrency brokers
- What is cryptocurrency?
- Cryptocurrency wallets
- Cryptocurrency exchanges
- The cryptocurrency mining
- Cryptocurrency wallet
- Cryptocurrency exchange
- Cryptocurrency brokers verdict
- Reputable cryptocurrency brokers checklist
- Top 15 cryptocurrency brokers of 2021 compared
- Crypto brokers and exchanges
- Crypto brokers/exchanges list 2020
- Search for brokers and exchanges
- Learn about brokers and exchanges
- Choose the right crypto broker or crypto exchange
- Crypto broker vs crypto exchange
- Best crypto trading forex brokers for 2021
- What crypto assets are offered by crypto forex brokers?
- Account opening with crypto forex brokers
- Depositing/withdrawing funds on crypto forex broker platforms
- How were crypto forex brokers on this list selected?
- 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
- Crypto brokers and exchanges
- Crypto brokers/exchanges list 2020
- Search for brokers and exchanges
- Learn about brokers and exchanges
- Choose the right crypto broker or crypto exchange
- Crypto broker vs crypto exchange
- Top 10 online cryptocurrency trading brokers
- How to get started in cryptocurrency trading
- What is cryptocurrency?
- What are cryptocurrencies used for?
- What is the difference between bitcoin and ethereum?
- What is the difference between a cryptocurrency exchange and a cryptocurrency broker?
- Trade cryptocurrency online using CFD services
- Trading cryptocurrencies – getting started with cfds (contracts for differences)
- How to make money trading crypto
- How to choose the best cryptocurrency trading broker online
- Best cryptocurrency brokers
- Best crypto brokers and trading platforms:
- Best crypto brokers
- Commissions
- Account minimum
- 1. Best for social trading: etoro
- 2. Best for ease-of-use: gemini
- 3. Best for new investors: coinbase
- 4. Best for gold investments: itrustcapital
- 5. Best for high volume forex traders: cryptorocket
- 6. Best for accessibility: altrady
- 7. Best for multiple exchanges: voyager
- Crypto advantages vs. Disadvantages
- Cryptocurrency vocabulary
- Are you ready for the future?
- 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
- Cryptocurrency
- The full list of online brokers offering cryptocurrency trading, including bitcoin, litecoin,...
- Why trade with a broker?
- Suggested articles
- Why are FX brokers adding cryptocurrencies?
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