Top Cryptocurrency Brokers for 2024

Best Cryptocurrency Brokers Guide

Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - April 22, 2024

Cryptocurrency Brokers

If you are interested in investing in cryptocurrency, you will need to find the right cryptocurrency brokers to accommodate you with the best facilities to trade on the cryptocurrency markets.

Cryptocurrency brokers are entities that facilitate the buying, selling, and trading of cryptocurrencies for individuals and institutional clients. These brokers typically offer online platforms or mobile apps where users can access various digital assets and execute trades.

Cryptocurrency brokers may provide additional services such as wallet storage, market analysis, and educational resources. Some well-known cryptocurrency broker trading platforms include IC Markets, eToro, AvaTrade, FP Markets and Pepperstone.

These platforms offer a range of features and functionalities to cater to different trading preferences and levels of experience. Users can typically fund their accounts with fiat currency or other cryptocurrencies and trade a wide variety of digital assets, including Bitcoin, Ethereum, Litecoin, Ripple, and many others.

Cryptocurrency brokers play a crucial role in the crypto ecosystem by providing liquidity, market access, and a user-friendly interface for buying, selling, and managing digital assets.

Best Cryptocurrency Brokers

We are in a time where physical currencies are being used less and less. Especially since the Covid lockdowns, people have not needed physical fiat currency. The virtual currency has become more convenient, and young and old traders have started to see cryptocurrency as the future. When trading cryptocurrency, it is important to trade through reputable cryptocurrency brokers.

IC Markets

For those of you who thrive on the adrenaline rush of high-frequency trading in the cryptocurrency markets, IC Markets is your go-to arena. With its razor-thin spreads and lightning-fast execution, it's tailored for the scalp and day traders who capitalize on fleeting opportunities. Imagine trading with a platform that's wired for speed, allowing you to enter and exit positions with precision that's almost surgical. Beyond speed and efficiency, IC Markets offers a peace of mind with its strong regulatory framework under ASIC and CySEC, ensuring your trading journey is both secure and compliant. Whether you're maneuvering through the volatile waves of Bitcoin or diversifying with altcoins, IC Markets stands as a reliable cryptocurrency broker in the unpredictable world of cryptocurrency trading.

IC Markets traders can go long or short across this range, trading 7 days a week with leverage options available. It's important to note that leverage levels may vary depending on the platform used (MetaTrader4/MT5 offers up to 1:200 leverage for cryptocurrencies, while cTrader and TradingView offer up to 1:5 leverage)​.

Crypto CFDs available on IC Markets are listed below:

• Bitcoin (CFD only)
• Ethereum (CFD only)
• Dash (CFD only)
• Litecoin (CFD only)
• Bitcoin Cash (CFD only)
• Ripple (CFD only)
• EOS (CFD only)
• Emercoin (CFD only)
• NameCoin (CFD only)
• PeerCoin (CFD only)
• Polkadot (CFD only)
• Stellar (CFD only)
• Chainlink (CFD only)
• Dogecoin (CFD only)
• Tezos (CFD only)
• Uniswap (CFD only)
• Cardano (CFD only)
• Binance Coin (CFD only)
• Avalanche (CFD only)
• Luna (CFD only)
• Polygon (Matic) (CFD only)
• Moonbeam (CFD only)
• Kusama (CFD only)

eToro

eToro is like the social media of cryptocurrency trading, perfect for those just dipping their toes into the crypto waters. With its innovative social trading and CopyTrading features, it's like having a mentor guiding you through the complexities of the market. You can mirror the strategies of seasoned traders, learning the ropes while actively participating in the market. This platform is all about making trading accessible, with a user-friendly interface that demystifies the often-intimidating world of cryptocurrencies. Backed by robust regulation and a community of over 30 million users, eToro is more than just a trading platform; it's a learning hub where you can grow, interact, and share insights with fellow traders from around the globe.

Cryptocurencies available on eToro are listed below (Where available):

• Bitcoin (ticker symbol - BTC)
• Ethereum (ticker symbol - ETH)
• Build and Build (ticker symbol - BNB)
• XRP (ticker symbol - XRP)
• Solana (ticker symbol - SOL)
• Cardano (ticker symbol - ADA)
• Avalanche (ticker symbol - AVAX)
• Dogecoin (ticker symbol - DOGE)
• Polkadot (ticker symbol - DOT)
• TRON (ticker symbol - TRX)
• Polygon (ticker symbol - MATIC)
• Chainlink (ticker symbol - LINK)
• Shiba Inu (ticker symbol - SHIB)
• Litecoin (ticker symbol - LTC)
• Bitcoin Cash (ticker symbol - BCH)
• Cosmos (ticker symbol - ATOM)
• Uniswap (ticker symbol - UNI)
• Stellar (ticker symbol - XLM)
• Ethereum Classic (ticker symbol - ETC)
• Hedera Hashgraph (ticker symbol - HBAR)
• Immutable X (ticker symbol - IMX)
• Cronos (ticker symbol - CRO)
• Filecoin (ticker symbol - FIL)
• FTX Token (ticker symbol - FTT)
• Algorand (ticker symbol - ALGO)
• The Graph (ticker symbol - GRT)
• Arbitrum (ticker symbol - ARB)
• Quant (ticker symbol - QNT)
• Aave (ticker symbol - AAVE)
• Synthetix (ticker symbol - SNX)
• Maker (ticker symbol - MKR)
• Fantom (ticker symbol - FTM)
• Theta (ticker symbol - THETA)
• The Sandbox (ticker symbol - SAND)
• Terra Classic (ticker symbol - LUNC)
• Axie Infinity (ticker symbol - AXS)
• Decentraland (ticker symbol - MANA)
• Terra 2.0 (ticker symbol - LUNA)
• NEO (ticker symbol - NEO)
• Tezos (ticker symbol - XTZ)
• EOS (ticker symbol - EOS)
• Gala (ticker symbol - GALA)
• ApeCoin (ticker symbol - APE)
• Chiliz (ticker symbol - CHZ)
• Curve (ticker symbol - CRV)
• Fetch.ai (ticker symbol - FET)
• Flare (ticker symbol - FLR)
• Zcash (ticker symbol - ZEC)
• dYdX (ticker symbol - DYDX)
• IOTA (ticker symbol - MIOTA)

AvaTrade

AvaTrade is the Swiss Army knife for the modern cryptocurrency trader, offering an array of tools and platforms that cater to every need. Its AvaTradeGo app and AvaSocial platform bring the world of trading into the palm of your hand, making it as accessible as your smartphone. Whether you're on the move or at your desk, AvaTrade ensures that you're connected to the pulse of the market. With a diverse selection of instruments and a commission-free structure, it's designed for the trader who values flexibility and cost-efficiency. AvaTrade's commitment to providing versatile funding and withdrawal solutions means that your trading journey is as smooth as it is profitable.

Cryptocurencies available on AvaTrade are listed below (Where available):

• Bitcoin (BTC) CFD
• Bitcoin Cash (BCH) CFD
• Bitcoin Gold (BTG) CFD
• Ethereum (ETH) CFD
• Litecoin (LTC) CFD
• Ripple (XRP) CFD
• Dash (DASH) CFD
• EOS (EOS) CFD
• NEO (NEO) CFD
• Stellar (XLM) CFD
• IOTA (MIOTA) CFD
• Chainlink (LINK) CFD
• Uniswap (UNI) CFD
• Miota CFD
• Crypto10 Index CFD
• Dogecoin (DOGE) CFD
• Solana CFD
• Polygon CFD
• Miota CFD

FP Markets

FP Markets is where technology meets trading, offering an edge with low latency crypto order execution under 40ms (normal trading hours) to those who leverage advanced tools to navigate the cryptocurrency markets. With MetaTrader 4 and MetaTrader 5 at your disposal, you're equipped with some of the most sophisticated features in the industry. Imagine executing trades with precision, backed by competitive spreads that ensure your strategies are as cost-effective as they are potent. FP Markets is for the trader who looks beyond the horizon, utilizing cutting-edge technology to carve out success in the fast-paced world of cryptocurrency trading. Custom crypto alerts, and EAs are available with FP Markets.

Digital currency related financial instruments available on FP Markets are listed below (Where available):

• ADAUSD - Cardano vs US Dollar CFD
• BCHUSD - Bitcoin Cash vs US Dollar CFD
• BTCUSD - Bitcoin vs US Dollar CFD
• DOGUSD - Dogecoin vs US Dollar CFD
• DOTUSD - Polkadot vs US Dollar CFD
• EOSUSD - EOS vs US Dollar CFD
• ETHUSD - Etherium vs US Dollar CFD
• LNKUSD - Chainlink vs US Dollar CFD
• LTCUSD - Litecoin vs US Dollar CFD
• RPLUSD - Ripple vs US Dollar CFD
• SOLUSD - Solana vs US Dollar CFD
• XLMUSD - Stellar vs US Dollar CFD

Pepperstone

Pepperstone is the sharpshooter of cryptocurrency trading, providing the precision and speed that active traders demand. With its state-of-the-art technology and ultra-low latency, trades are executed in the blink of an eye, ensuring that you're always one step ahead in the fast-moving crypto market. But it's not just about speed; Pepperstone is committed to providing a transparent and fair trading environment, with a strong regulatory backbone that instills confidence. For traders who demand excellence in execution and integrity, Pepperstone is the platform that stands out in the crowd.

Digital currency related financial instruments available on Pepperstone are listed below (Where available):

Major Pepperstone Cryptocurrencies

Minor Pepperstone Cryptocurrencies

Pepperstone Crypto Indexes

Cryptocurrency Broker Funding And Withdrawal Methods

Let's cut to the chase and talk about getting your funds in and out with crypto brokers.

Cryptocurrency Bank Transfers

The old-school way, reliable but not the fastest. Great for large transfers, just be patient with the processing times.

Cryptocurrency Credit and Debit Cards

The quick and easy route. Instant funding, but watch out for those higher fees and keep in mind not all cards are accepted everywhere.

Cryptocurrency Transfers

If you're already in the crypto sphere, this is your best bet. Quick, usually cheaper, but double-check those wallet addresses to avoid sending your funds into the void.

E-Wallets

Like PayPal and Skrill: Fast, user-friendly, and adds a layer of security since you're not spreading your bank details all over the internet.

Prepaid Cards

For those who prioritize privacy, these can be a good call, but they're not without their limitations and fees.

When it's time to pull your funds out, most crypto brokers will ask you to use the same method you used to deposit, at least up to the deposited amount. This is to keep things on the up and up and avoid money laundering. Withdrawal times can vary, so plan accordingly.

Each broker and region has its own set of rules and fees, so make sure you do your homework. And remember, those fees and limits can make a dent in your profits if you're not careful.

Registering With A Crypto Brokerage

Signing up with a brokerage can only be carried out legally, granted you reside in a country where cryptocurrency is regulated. You can set up an account if you meet the legal age for investment in that jurisdiction. Both requirements must be fulfilled once you have set up the account.

Top crypto brokers usually let traders set up accounts in minutes. To create an account, you are required to come up with a unique username and password. After that, the broker will require personal information, i.e., your full name, residence address, title, date of birth, and phone number. After creating your account, you will also have to verify your name, age, and address.

Before opening your account, you must answer security questions and create account limits. To verify your details, all the top cryptocurrency brokers must fulfil the KYC (or know your customer) requirement process before letting anyone invest. Verifying details should be fairly easy if the broker you choose is reputable. You can consider emailing the broker's support team your information to verify it. You may also submit your address via a utility bill or bank statement.

Before you buy any cryptocurrency coins, ensure you have sufficient funds in your user account accessible to let the transaction value go through. Consequently, you must choose one of the funding options to deposit funds before trading. Most brokers have a vast range of payment options, including debit/credit cards, digital wallets, Skrill, bank transfers, and many others. It is up to the trader what method they choose; however, the deposit amount has to meet the minimum required at your preferred website.

Your first trade must be completed via fiat currency, e.g., GBP, USD, AUD, etc. Besides that, you can also choose to trade crypto pairs, i.e., where you buy one cryptocurrency through another. An example of this is BTC/ETH, which involves the purchase of Ethereum via Bitcoin.

Following that, take some time to plan your investment objectives, i.e., how much you can invest and whether you think the coin you plan to invest in is worth it. It is easy to get distracted by substantial short-term gains when dealing in the cryptocurrency market. Note that coins with recognized value and long-term progression are always a better investment choice than newer ones. Examples of such crypto coins include Bitcoin, Cardano, Solana, Litecoin, etc.

Is Crypto Trading Legal?

Cryptocurrency is banned or unlawful to invest in, own, or trade in some jurisdictions. At the same time, in other nations, it is completely legal. For instance, investing in crypto from regulated brokers in the UK and the US is completely legal. However, CFDs are still considered illegal to deal in, in both countries. The ban on Bitcoin CFDs in the UK was effective on the 6th of January 2021.

Cryptocurrency Broker Regulation

Look for cryptocurrency brokers with FCA, CySEC, ASIC financial regulation. One of the primary roles of financial regulation is to safeguard investors from fraud and scams. In the early days, the lack of oversight meant that it was relatively easy for malicious actors to take advantage of unsuspecting traders. Regulatory frameworks help ensure that platforms and projects adhere to certain standards like segregated client funds accounts of transparency and accountability, reducing the risk of investor losses due to deceptive practices, which gives you some potential recourse.

As a trader, staying informed about the regulatory landscape and how it affects your trading activities is crucial. Compliance not only helps mitigate your risks but also contributes to the broader effort of building a more secure, transparent, and efficient cryptocurrency ecosystem.

The volatility of the crypto markets can be both an allure and a deterrent. Regulatory measures, such as compliance checks, capital requirements, and risk management protocols, help mitigate systemic risks that could lead to market crashes or financial crises. Knowing that there are safeguards in place can boost investor confidence, attracting more participants and potentially leading to a more stable and mature market.

While the lure of quick profits in the crypto world can be strong, it's essential to approach trading with a long-term perspective, understanding the importance of regulatory frameworks. These regulations are not just bureaucratic hurdles; they are the pillars that support the growth, stability, and integrity of the crypto markets. As you embark on your trading journey, I encourage you to embrace these principles, not just for your own protection, but for the collective advancement of this exciting and revolutionary space.

Cryptocurrency Trading

Trading cryptocurrencies, much like any form of trading, involves buying low and selling high, but with a digital twist. These digital assets are highly volatile, which can be both a blessing and a curse. On one hand, volatility means more opportunities for profit, as prices can swing dramatically in a short period. On the other hand, it also means higher risk, as those same swings can work against you. As an experienced trader, I've learned that success in crypto trading hinges on a few key principles. First, understand the market. Cryptocurrencies operate in a decentralized network, which means they're less influenced by traditional economic indicators and more by market sentiment, technological advancements, and regulatory news.

Risk management is crucial. Never invest more in cryptocurrency than you can afford, especially with crypto leverage and consider setting stop-loss orders on your buy and sell crypto orders to mitigate finanacial losses. Stay informed. The crypto market is fast-moving and influenced by a wide range of factors, from global economic conditions to tweets from influential figures. Follow reliable news sources, join online communities, and continually educate yourself about the market trends and the technology behind cryptocurrencies.

Be patient and disciplined. The allure of quick profits can be tempting, but successful trading requires a cool head and a long-term perspective. Don't let emotions drive your trading decisions; stick to your strategy, even when the market is volatile. Remember, cryptocurrency trading is not a get-rich-quick scheme. It requires time, effort, and a willingness to learn. Start small, stay informed, and gradually build your expertise and portfolio.

What are the Important Characteristics Of Cryptocurrencies

Let me break down the crypto world for you, it's pretty fascinating how it all works, and it's quite different from the traditional financial systems we're used to.

The whole cryptocurrency setup is decentralized. Imagine a financial system that's not in the hands of a single corporation or government but is spread across a network of computers worldwide. That's thanks to something called blockchain technology. It's like a digital ledger that everyone can agree on without needing a central authority. Now, when it comes to security, cryptocurrencies are like Fort Knox. They use some serious cryptography to keep transactions safe and to ensure that new digital coins can't just be made out of thin air. This makes them super resistant to fraud and counterfeiting.

One thing I particularly appreciate is how transparent everything is. Every transaction ever made is recorded and can be seen by anyone. It's like having a bank statement that's open for the world to see, but here's the kicker – your identity remains hidden behind a digital address, giving you privacy. Speaking of transactions, once you make one, there's no going back. It's like sending an email; once it's out there, you can't take it back. This irreversible nature keeps the record clean and trustworthy.

And then there's the cool part about programmability. Some cryptos let you set up smart contracts, which are like digital agreements that execute themselves when certain conditions are met. It's opening up all sorts of possibilities for new kinds of apps and transactions. Most of these digital currencies have a cap on how many coins can exist, making them scarce like gold, which can help keep their value over time. Plus, you can send and receive them from anywhere in the world, as long as you're connected to the internet. It's breaking down financial borders and making it easier for everyone to get involved, no matter where they're from.

What are Cryptocurrency Wallets

The cryptocurrency wallet is a digital wallet that the users use to deposit, store, hold, send, and receive cryptocurrency or cryptocurrency. The wallets only store the information in public and private keys.

Meanwhile, the crypto itself is inside the blockchain. The users do not necessarily store their cryptocurrencies in their wallets. In summary, the cryptocurrencies wallet stores valuable information which you can use to access your crypto assets.

Similar to other wallets, this too facilitates storing, sending, and receiving the currency. We explain the three types of cryptocurrency wallets below:

Crypto Hardware Wallet Brokers

Crypto hardware wallet brokers offer secure storage solutions for cryptocurrencies, safeguarding digital assets offline from hacking and theft. These devices, like Ledger and Trezor, ensure private keys remain offline, enhancing security. They provide peace of mind for traders and investors seeking robust protection for their crypto holdings against cyber threats.

Crypto Paper Wallet Brokers

Crypto paper wallet brokers provide a simple yet secure method for storing cryptocurrencies offline. These wallets generate private keys and corresponding public addresses on paper, keeping them entirely offline and away from potential cyber threats. While they offer enhanced security, users must ensure the safekeeping of their physical paper wallets to prevent loss or damag

Crypto Software Wallet Brokers

Crypto software wallet brokers offer digital solutions for storing and managing cryptocurrencies securely. These wallets are accessed through software applications or online platforms, providing users with convenient access to their digital assets. With features like multi-currency support, encryption, and backup options, software wallets offer flexibility and ease of use for cryptocurrency traders and investors.

How Do You Buy Or Sell Cryptocurrency?

Cryptocurrency can be brought using an online cryptocurrency broker or exchange. You can either buy the underlying cryptocurrency asset, a cryptocurrency CFD, a cryptocurrency ETB, or Exchange Traded Note (ETN).

Buy Cryptocurrency Underlying Assets

Most people buying and selling cryptocurrencies use an online cryptocurrency broker or exchange. They will own any physical cryptocurrency brought and stored in a software or hardware digital wallet. Most of the best cryptocurrency brokers offer their cryptocurrency wallets for you to store cryptocurrency assets.

Trade Cryptocurrency CFDs

Some high-risk cryptocurrency traders trade cryptocurrency using CFDs. A cryptocurrency CFD is a contract with the cryptocurrency broker on a specific cryptocurrency price movement. You do not own any actual cryptocurrency with a CFD trade. If you trade cryptocurrency CFDs, you can trade cryptocurrency against the Forex prices of normal fiat currencies like the Pound, EUR, and USD.

Trading cryptocurrency CFDs is elevated risk and is not allowed in some countries. For example, the FCA in the UK does not allow CFD trading on cryptocurrency assets within the UK. Some more advanced traders use cryptocurrency CFDs to hedge their trades. Make sure you understand the risks.

Trade A Cryptocurrency ETN

Cryptocurrency exchange-traded notes are a high-risk trade becoming more widely traded, although they are not currently available to trade in every country. A cryptocurrency ETN is an unsecured debt security that bases its value on tracking a cryptocurrency index.

Cryptocurrency ETN investors can profit from the difference between the current buy and sell market prices or wait for the cryptocurrency to mature to a set time at which it can be cashed in minus broker fees. A cryptocurrency ETN is an unsecured trade, meaning you do not own any underlying crypto assets.

Buy Cryptocurrency From ATM Machines

If you're looking to purchase cryptocurrencies in person, you may be able to find a crypto ATM nearby, depending on your location. In the UK alone, there are over 16,000 ATMs that offer a variety of popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, Dogecoin, Bitcoin Cash, Zcash, Tether, Monero, and Dash. The ATMs are accessible in 71 countries and accept cash or a bank debit card.

Although cryptocurrency ATMs offer convenience, buying online through a regulated cryptocurrency broker is safer. It has been reported that there are some scams asking people to transfer money using these unmonitored ATMs. Stick with a highly regulated cryptocurrency broker with a very vocal large crypto community.

Trade Cryptocurrency Privately

You can buy and sell cryptocurrency privately, as cryptocurrency wallets are also in hardware form. Buying and selling crypto privately outside a regulated environment is not recommended, as you are trading your crypto assets outside a regulated, safe environment. Once you no longer have the cryptocurrency wallet, it is gone. There is no effortless way of reversing the private sale in case of foul play.

What Does A Cryptocurrency Broker Do?

A crypto broker allows the buying and selling all prominent cryptocurrencies on modern mobile and desktop trading platforms that are properly regulated. Always consider buying and selling cryptocurrencies with well-regulated crypto brokers with a decent reputation and a considerable user base.

The best crypto brokers provide the best environment for newer users venturing into crypto markets and beginners looking to invest in cryptocurrencies like Bitcoin, Dogecoin, Litecoin, etc. Exchanging fiat money for cryptocurrencies (and vice versa) occurs between the buyer or investor and the brokerage firm.

Investing in and selling cryptocurrencies via brokers has many advantages. Users can buy and sell cryptocurrencies at price rates established by their brokers. Crypto brokers are also ideal if you want to invest in a small number of cryptocurrencies.

Cryptocurrency Exchanges

A Cryptocurrency exchange is a place where buyers and sellers meet to buy, sell, or trade virtual coins with the help of a couple of cryptocurrency brokers. When you have cryptocurrency assets, you may want to sell them to other users, or you may want to buy specific cryptocurrencies. Here is where you must use a Cryptocurrency exchange marketplace or cryptocurrency broker.

The cryptocurrency exchange platform allows users to buy, sell and trade 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 cryptocurrency exchanges that you can find on the internet. Some offer trades for common cryptos such as BTC, ETH, BNB, USDT, etc. But some also offer a wider array of currencies exchange.

Binance exchange is the most famous cryptocurrency exchange in the world, and it offers crypto-to-crypto trading. Coinbase has gained significant popularity due to its extensive selection of virtual currencies available for trading, including popular options like Bitcoin, Ethereum Classic, and Litecoin, as well as hundreds of others.

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 an IPO in which traders buy company shares. Investors take an entry at an early stage of the project and are capable of making a profit with the company's success. However, one basic difference between the two is that anyone from anywhere in the world can participate in the ICO.

Token, meanwhile, is a kind of cryptocurrency 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.

Cryptocurrency Mining

Just slightly different from fiat currencies, miners usually mine cryptocurrencies. So, there is a phrase to describe the activity as cryptocurrency mining. To define cryptocurrency mining as a process in which cryptocurrency miners use powerful hardware resources, such as computers and adequate hardware, to solve mathematical problems. These complicated problems need to be solved to attain partial units of a cryptocurrency as a reward.

To make it more challenging, these mathematical problems have cryptographic hash functions linked to the block containing the transaction information. These mathematical problems are solved 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 lesser amounts of cryptocurrency.

The reward comes from the transaction fees the users pay. At least, that is how major cryptocurrencies are mined. The other factor that rewards crypto miners is the release of new cryptocurrencies and cryptocurrency splits.

Avoiding Crypto Scams

It usually gets easier to spot certain scams as cryptocurrencies age. However, traders should still be cautious. Many scammers may pose as professional services to scam unsuspecting traders and investors. The most commonly occurring crypto scams are found on:

Counterfeit Websites

Counterfeit websites often appear as crypto exchange platforms, brokers, and sometimes fake crypto gambling places. They usually draw in their victims via bonuses and freebies that normally sound too good.

Social Networking Scams

Social media profiles or accounts with apparently many followers can often disguise themselves as certified crypto service providers. Once again, they try to attract their targets by offering unbelievably large bonuses and freebies. An attempt in 2020 involved prominent Twitter accounts getting hacked and posting about crypto (Bitcoin) giveaways.

Unregulated Exchange Platforms

This is by far the most convincing scam out of all the others. Such websites pretend to offer similar, if not the same, services as other legit exchanges. However, they are devoid of the required legal standing to operate legally. Because numerous cryptocurrencies cannot be traced easily, it is a lot easier to establish a crypto exchange that does not value customer rights.

Phishing Fraud

Phishing is among the oldest virtual scams in internet history. Crypto phishing scams target an unsuspecting user's smartphone, email, and postal address. Although your data is secure with most exchange platforms and regulated brokerages, some exchanges may still experience leaks. These data leaks render users' data vulnerable to phishers.

The Spread In Crypto Trading

In the realm of crypto trading, the term 'spread' is pivotal, denoting the gap between the maximum bid a buyer is prepared to offer and the minimum ask a seller is ready to entertain for a cryptocurrency. This spread is not merely a number but a reflection of the trading costs that we, as traders, encounter during our buy and sell operations. It's usually quantified as a fraction of the asset's value, offering us a clear picture of the market's immediate liquidity and pricing environment. For those of us navigating the markets with precision, a tight spread is synonymous with robust liquidity and competitive market rates, facilitating swift position adjustments with minimal price slippage. This is paramount for strategies reliant on quick entries and exits. On the flip side, a broader spread signals a thinner liquidity pool, hinting at potentially elevated transaction costs and necessitating a more calculated approach to mitigate trading expenses.

Grasping the nuances of spread dynamics is indispensable for optimizing trade profitability. A favorable spread not only aligns with rapid trading maneuvers but also with cost-efficient market engagement. Conversely, navigating wider spreads demands a nuanced strategy, perhaps waiting for optimal market conditions to align with our trading thesis. Brokers and exchanges, the facilitators of our trades, derive their earnings from this spread, capitalizing on the buy-sell price differential. Their management of spreads, influenced by market volatility, trading volume, and competitive pressures, is a balancing act aimed at maximizing their margins while offering attractive trading conditions to us. As seasoned traders, understanding and anticipating these adjustments can be a significant advantage in our trading arsenal.

What Fees Can You Expect From Brokers That Trade Cryptocurrency

For seasoned traders evaluating top-tier cryptocurrency brokers, it's crucial to dissect the fee structure to ensure it aligns with your trading strategy. Here's a breakdown of the fees you should keep on your radar:

Trading Fees

The landscape of trading fees can vary significantly across platforms and depends on the nature of the transaction. While some exchanges offer zero trading fees, others might levy charges ranging from 0.1% to 0.5% per trade. For high-volume traders, these fees often see a reduction. Utilizing the exchange's native cryptocurrency can also offer additional fee discounts.

Deposit Fees

Elite cryptocurrency brokerage services typically allow fee-free transfers from bank accounts. However, certain platforms might impose fees up to 1.5% for debit card transfers. Credit card deposits can attract fees of at least 3.5%, with the added caveat of potentially being treated as a cash advance by your bank.

Withdrawal Fees

Unlike traditional brokerages, withdrawing digital assets directly from crypto brokerages is a standard procedure, with fees structured around the specific currency being withdrawn. These fees are usually transparently listed on the broker's platform.

For active traders, understanding and managing these fees is paramount, as they can significantly impact net profits. The premier brokers in the cryptocurrency space are those that facilitate trading, depositing, and withdrawing funds with minimal fees, thus preserving the trader's capital and profit margins.

Lots In Crypto Trading

cryptocurrencies are often traded in lots, batches used to standardize trade sizes. As cryptocurrencies are quite volatile, lots are usually exceedingly small. A majority are merely one unit of the base cryptocurrency. Some cryptocurrencies are still traded in greater lots, however.

Leverage In Crypto Trading

Leverage is a way of gaining exposure to vast amounts of cryptocurrency without the need to pay the full value of the trader's trade upfront. They instead put in a small deposit, called a margin. Whenever a trader closes a leveraged position, their loss or profit depends on the trade's full size.

Although leverage helps magnify profits, it also adds the risk of increased losses. These include losses that can exceed the trader's margin on a single trade. Therefore, leveraged trading makes it crucial for traders to learn how to manage risk.

Margins In Crypto Trading

Margin is an important part of leveraged trading. It pertains to a trader's initial deposit to open and maintain a leveraged position. When traders trade cryptocurrencies on margin, they must remember that their margin requirement will change based on their trader. It also changes based on how large their trade size is.

Margin is a percentage of the full trading position. For instance, trading on Bitcoin may require 15 per cent of the total value of the position to be paid for the position to be opened. Instead of depositing 000, they only have to put in 00.

Pips In Crypto Trading

Pips are units for measuring any movements in the prices of cryptocurrencies. They refer to a single-digit movement in the price at a particular level. Prominent cryptocurrencies are usually traded at the 'dollar' level. Moving from 0.00 to 1.00 would mean that the cryptocurrency has only moved one pip. Cryptocurrencies of lower value are traded at scales different to the usual dollar scale, i.e., a pip may then be a cent or a fraction of a single cent.

It is crucial to thoroughly review the details on your preferred trading platform to understand the price movements fully. That way, you will know how they are measured before placing a trade.

Advantages Of Trading And Investing In Crypto

Trading and investing in cryptocurrencies offer several advantages:

High Potential Returns: Cryptocurrencies have demonstrated capacity for remarkable price surges, presenting seasoned traders with opportunities for significant gains.

Portfolio Diversification: Integrating cryptocurrencies into your investment strategy can enhance portfolio diversification, mitigating risk by spreading exposure across varied asset categories.

Market Accessibility: The crypto markets are open around the clock, offering traders the flexibility to engage in trading activities at their convenience, without the constraints of traditional market hours.

Decentralization: The foundation of cryptocurrencies on decentralized networks offers a level of financial autonomy, free from the influences and potential manipulations of centralized authorities.

Transaction Transparency: The adoption of blockchain technology in cryptocurrencies ensures a transparent and immutable transaction ledger, minimizing the risks associated with fraud and market manipulation.

Technological Innovation: The rapidly evolving nature of the cryptocurrency sector promotes continuous advancements in blockchain and financial technologies, providing a fertile ground for innovation.

Global Accessibility: The ease of access to cryptocurrencies through various digital platforms enables traders worldwide to participate, making it a truly global marketplace.

Liquidity: Leading cryptocurrencies exhibit high liquidity, allowing for swift and efficient execution of trades with minimal impact on market prices.

Engaging in cryptocurrency trading and investment presents experienced traders with lucrative opportunities for profit and portfolio diversification within a cutting-edge, decentralized financial framework. However, it necessitates thorough market analysis and a cautious approach given the inherent volatility and evolving regulatory landscape.

Disadvantages Of Trading And Investing In Crypto

Trading and investing in cryptocurrencies come with several disadvantages:

Intense Volatility: The crypto arena is marked by extreme volatility, with asset prices capable of swift and dramatic shifts, presenting both significant profit opportunities and risks within condensed timeframes.

Regulatory Ambiguity: Unlike the more established financial markets, the crypto space operates with minimal oversight, heightening exposure to malpractices such as fraud and manipulation, and amplifying systemic risks.

Security Vulnerabilities: The digital nature of crypto exchanges and wallets makes them prime targets for cyber threats, posing a tangible risk of capital erosion for market participants.

Market Manipulation Concerns: The absence of stringent regulatory frameworks makes the crypto market susceptible to distortions by influential players and coordinated trading blocs, leading to skewed price dynamics.

Regulatory Fluidity: The ever-evolving regulatory stance on cryptocurrencies across different regions introduces a layer of complexity and potential legal hurdles for traders, impacting strategic decision-making.

Adoption Constraints: Despite the burgeoning interest in digital currencies, their acceptance as a legitimate transactional medium remains limited, curbing their utility and broader integration into financial ecosystems.

Technological Contingencies: The dependency on sophisticated blockchain infrastructures exposes the crypto market to risks associated with technological failures, network bottlenecks, or exploitable vulnerabilities, affecting asset integrity and performance.

Speculative Nature: The valuation of many crypto assets is heavily influenced by speculative trading and market sentiment, devoid of traditional fundamental anchors, making them prone to speculative excesses and market corrections.

For the seasoned trader, navigating the cryptocurrency landscape demands a nuanced understanding of its inherent risks, including market volatility, security issues, regulatory unpredictability, and the speculative nature of its assets. A strategic approach, underpinned by comprehensive market analysis and risk diversification, is essential for mitigating these challenges.

Are Brokers Necessary For Trading Cryptocurrencies

Crypto trading brokers are intermediaries between the individual buying the cryptocurrency and the person selling it. Brokers also often buy large batches of cryptocurrencies to sell on their platforms, becoming direct vendors. Most often, however, cryptocurrency brokers are referred to as intermediaries. Traders place their orders through their chosen brokers. After buying the cryptocurrency, the brokers place their orders on the cryptocurrency platform.

Since cryptocurrencies are decentralized, it means traders will not necessarily need a broker to be able to trade a currency. Traders can trade cryptocurrencies with just about anyone without any fees, centralized exchanges, and mediators. It depends on whether the trader wants to work with a crypto broker or alone.

How Do Crypto Brokers Earn Their Revenue?

Crypto brokers primarily generate revenue through various fee structures associated with trading activities on their platforms. These fees may include:

Trading Fees: Brokers charge a commission or fee for each trade executed on their platform. This fee can be a fixed amount or a percentage of the trade value.

Spread: The difference between the buying (ask) and selling (bid) prices of a cryptocurrency is known as the spread. Brokers may widen the spread slightly and earn a profit from the price difference when traders buy and sell assets.

Withdrawal and Deposit Fees: Some brokers impose fees on deposits and withdrawals made by users. These fees can vary depending on the payment method used and the cryptocurrency being transferred.

Margin Trading Fees: For margin trading services, brokers may charge interest on borrowed funds or apply fees based on the leverage used by traders.

Subscription or Membership Fees: Certain brokers offer premium services or advanced trading features to users for a subscription fee.

ICO and Token Listing Fees: Brokers may charge fees to list new cryptocurrencies or tokens on their platforms, especially during Initial Coin Offerings (ICOs) or token sales.

The Difference Between A Broker And A Crypto Exchange

With crypto exchanges, traders or investors usually invest in the cryptocurrency coins they want and own completely. Brokers, conversely, pose as mediators for traders or investors to bet and speculate on the price movements of cryptocurrencies. The best crypto brokers normally undergo more stringent scrutiny as well as regulation. Strict regulation is because they also provide derivatives and fiat trading products. Crypto exchange platforms, in contrast, are still not as regulated.

Cryptocurrency Brokers Verdict

Choosing a cryptocurrency broker is a critical decision for traders and investors. While each broker offers unique features and services, it's essential to consider factors such as security, fees, trading options, and customer support. Some popular cryptocurrency brokers include Coinbase, Binance, Kraken, and eToro. It's advisable to research each broker thoroughly, compare their offerings, and choose the one that best aligns with your trading goals, risk tolerance, and preferences.

Staying updated on market trends, regulations, and security practices is crucial for a successful cryptocurrency trading experience.

We have conducted extensive research and analysis on over multiple data points on Cryptocurrency Brokers to present you with a comprehensive guide that can help you find the most suitable Cryptocurrency Brokers. Below we shortlist what we think are the best cryptocurrency brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Cryptocurrency Brokers.

Reputable Cryptocurrency Brokers Checklist

Selecting a reliable and reputable online Cryptocurrency trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Cryptocurrency more confidently.

Selecting the right online Cryptocurrency trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

• Ensure your chosen Cryptocurrency broker has a solid track record of at least two years in the industry.
• Verify that the Cryptocurrency broker has a customer support team of at least 15 members responsive to queries and concerns.
• Check if the Cryptocurrency broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
• Ensure that the Cryptocurrency broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
• Look for Cryptocurrency brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
• Ensure the Cryptocurrency broker can hire staff from diverse locations worldwide who can communicate fluently 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.

Compare Key Features of Cryptocurrency Brokers in Our Brokerage Comparison Table

When choosing a broker for cryptocurrency trading, it's essential to compare the different options available to you. Our cryptocurrency brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.

• Minimum deposit requirement for opening an account with each cryptocurrency broker.
• The funding methods available for cryptocurrency with each broker.
• The types of instruments you can trade with each cryptocurrency broker, such as forex, stocks, commodities, and indices.
• The trading platforms each cryptocurrency broker provides, including their features, ease of use, and compatibility with your devices.
• The spread type (if applicable) for each cryptocurrency broker affects the cost of trading.
• The level of customer support each cryptocurrency broker offers, including their availability, responsiveness, and quality of service.
• Whether each cryptocurrency broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.

By comparing these essential features, you can choose a cryptocurrency broker that best suits your needs and preferences for cryptocurrency. Our cryptocurrency broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Cryptocurrency Brokers of 2024 compared

Here are the top Cryptocurrency Brokers.

Compare cryptocurrency brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a cryptocurrency broker, it's crucial to compare several factors to choose the right one for your cryptocurrency needs. Our comparison tool allows you to compare the essential features 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.

Do not invest unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Broker	IC Markets	eToro	XTB	Pepperstone	AvaTrade	EasyMarkets	SpreadEx	FXPro	Plus500	Admiral	webull
Rating	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★☆☆	★★★★☆
Regulation	Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)	FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076	FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19)	Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217	Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland	Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)	Financial Conduct Authority (FCA)	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)	Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)	Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)
Min Deposit	200	100	No minimum deposit	200	100	100	1	100	100	200	50
Funding	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal
Used By	180,000+	30,000,000+	1,000,000+	400,000+	300,000+	142,500+	10,000+	1,866,000+	24,000,000+	10,000+	5,000+
Benefits	Allows scalping Allows hedging Low min deposit Offers Negative Balance Protection	Offers STP Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit Guaranteed stop loss Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit Guaranteed stop loss Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit Offers Negative Balance Protection	Low min deposit Guaranteed stop loss Advanced Risk Management Tools	Allows scalping Allows hedging Offers STP Low min deposit Offers Negative Balance Protection	Allows hedging Offers STP Low min deposit Offers Negative Balance Protection
Accounts	Demo account Mini account Standard account Zero spread account Raw Spread account Islamic account	Demo account Standard account Islamic account	Pro account Demo account Micro account Mini account Standard account Islamic account	Demo account Standard account Zero spread account ECN account Islamic account	Demo account Micro account Mini account Standard account Managed account Islamic account	Demo account Standard account Islamic account	Demo account Standard account	Demo account Mini account Islamic account	Demo account Standard account Islamic account	Demo account Micro account Mini account Standard account ECN account	Demo account Micro account Mini account Standard account
Platforms	MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android	Web Trader, Tablet & Mobile apps	MT4, Mirror Trader, Web Trader, Tablet & Mobile apps	MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps	Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5	MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps	Web Trader, Tablet & Mobile apps	MT4, MT5, cTrader, Tablet & Mobile apps	Web Trader, Tablet & Mobile apps	MT4, MT5, Mac, Web Trader, Tablet & Mobile apps	Web Trader, Tablet & Mobile apps
Support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support
Learn More	Sign Up with icmarkets	Sign Up with etoro	Sign Up with xtb	Sign Up with pepperstone	Sign Up with avatrade	Sign Up with easymarkets	Sign Up with spreadex	Sign Up with fxpro	Sign Up with plus500	Sign Up with admiralmarkets	Sign Up with webull
Risk Warning	Losses can exceed deposits	76% of retail investor accounts lose money when trading CFDs with this provider.	76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.	75-95 % of retail investor accounts lose money when trading CFDs	71% of retail investor accounts lose money when trading CFDs with this provider	Your capital is at risk	Losses can exceed deposits	75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider	82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.	Losses can exceed deposits	Your capital is at risk
Demo	IC Markets Demo	eToro Demo	XTB Demo	Pepperstone Demo	AvaTrade Demo	easyMarkets Demo	SpreadEx Demo	FxPro Demo	Plus500 Demo	Admiral Markets Demo	Webull Demo
Excluded Countries	US, IR, CA, NZ, JP	ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR,	US, IN, PK, BD, NG , ID, BE, AU	AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET	BE, BR, KP, NZ, TR, US, CA, SG	US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE	US, TR	US, CA, IR	MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO	US, CA, JP, SG, MY, JM, IR, TR	UK, AU, SA, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX

All Cryptocurrency brokers in more detail

You can compare Cryptocurrency Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Cryptocurrency Brokers for 2024 article further below. You can see it now by clicking here

We have listed top Cryptocurrency brokers below.

Top Cryptocurrency Brokers for 2024 guide updated and edited by Senad Karaahmetovic. Top Cryptocurrency Brokers for 2024 guide by Andrew Blumer. last updated on April 22, 2024

Cryptocurrency Brokers Table of Contents

• Cryptocurrency Brokers Explained
• 6 Factors to Consider when Choosing Cryptocurrency Brokers
• Are Your Cryptocurrency Brokers Trusted And Established?
• Are The Cryptocurrency Brokers World Leading?
• What are the Cryptocurrency Brokers Commissions and Fees?
• What are the Cryptocurrency Brokers Funding and Withdrawl Methods?
• Find Cryptocurrency Brokers with Round-the-clock support?
• Make sure the Cryptocurrency Brokers Offer Comprehensive Trader resources?
• Why Cryptocurrency Brokers needs to be regulated?
• Cryptocurrency Brokers FAQ
• What are the best Cryptocurrency brokers?
• What is the best Cryptocurrency broker?
• Related Cryptocurrency Brokers Reviews
• Related Cryptocurrency Brokers Alternatives
• Related Cryptocurrency Brokers Comparisons

Cryptocurrency Brokers Explained

Trading volatile financial markets with Cryptocurrency Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Cryptocurrency Brokers to ensure a successful trading experience.

Selecting Cryptocurrency Brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Cryptocurrency markets effectively.

Reliability is key to gaining access to financial markets. Look for Cryptocurrency Brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Cryptocurrency Brokers confidently.

6 Factors to Consider when Choosing Cryptocurrency Brokers

Follow these five rules for selecting Cryptocurrency Brokers that are right for you:

Are Your Cryptocurrency Brokers Trusted And Established?

Search for a reputable Cryptocurrency Brokers with a extensive proven track record for Cryptocurrency, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Cryptocurrency broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.

IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Another top rated broker is eToro.

eToro was established 2007, and in operation for 14 years eToro have a head office in Cyprus, UK.

eToro is regulated. This means eToro are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Broker	IC Markets	eToro	XTB	Pepperstone	AvaTrade	EasyMarkets	SpreadEx	FXPro
Year Established	2007	2007	2002	2010	2006	2001	1999	2006
Head Office	Australia	Cyprus, UK	Poland	Australia	Ireland	Cyprus, Australia	UK	UK
Regulation	Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)	FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076	FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19)	Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217	Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland	Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)	Financial Conduct Authority (FCA)	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
Used By	180,000+	30,000,000+	1,000,000+	400,000+	300,000+	142,500+	10,000+	1,866,000+
Negative balance protection	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Guaranteed Stop Loss	No	No	No	No	No	Yes	Yes	No
Learn More	Visit IC Markets	Visit eToro	Visit XTB	Visit Pepperstone	Visit AvaTrade	Visit easyMarkets	Visit SpreadEx	Visit FxPro
Risk Warning	Losses can exceed deposits	76% of retail investor accounts lose money when trading CFDs with this provider.	76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.	75-95 % of retail investor accounts lose money when trading CFDs	71% of retail investor accounts lose money when trading CFDs with this provider	Your capital is at risk	Losses can exceed deposits	75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider

Are The Cryptocurrency Brokers World Leading?

Opt for Cryptocurrency Brokers that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.

In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.

Another good choice when looking for Cryptocurrency Brokers is eToro. eToro Segregates clients funds and offers over 5000 instruments.

Broker	IC Markets	eToro	XTB	Pepperstone	AvaTrade	EasyMarkets	SpreadEx	FXPro
Instruments Available	2250	5000	5600	1200	1250	200	15000	430
Platforms	MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android	Web Trader, Tablet & Mobile apps	MT4, Mirror Trader, Web Trader, Tablet & Mobile apps	MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps	Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5	MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps	Web Trader, Tablet & Mobile apps	MT4, MT5, cTrader, Tablet & Mobile apps
Excluded Countries	US, IR, CA, NZ, JP	ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MG, MK, MO, UA, JO, KR,	US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR	AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET	BE, BR, KP, NZ, TR, US, CA, SG	US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE	US	US, CA, IR
Forex pairs offered	61	50	57	70	55	150	55	70
Forex pairs offered	61	50	57	70	55	150	55	70
Major forex pairs	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Minor forex pairs	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Exotic forex pairs	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Cryptocurrencies (availability subject to regulation)	Yes	Yes	No	Yes	Yes	Yes	Yes	Yes
Commodities Offered	20	31	21	16	17	12	16	30
Metals	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Energies	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Agricultural	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Stocks Offered	2100	2042	1696	1100	1000	52	1000	1700
UK Shares	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
US Shares	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
German Shares	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Japanese Shares	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes

What are the Cryptocurrency Brokers Commissions and Fees?

Ensure that your broker is transparent with fees and those dues are competitive.

The best rated Cryptocurrency broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.

Another top rated Cryptocurrency broker eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. eToro minimum deposit is 100. Please note that any cryptocurrency availability with any broker is subject to regulation.

Broker	IC Markets	eToro	XTB	Pepperstone	AvaTrade	EasyMarkets	SpreadEx	FXPro
Min Deposit	200	100	0	200	100	100	1	100
Withdrawl Fees	No	Yes	varies	No	No	No	0, minimum £50	No
Inactivity Fees	No	Yes	Yes	No	No	No	No	Yes
Deposit Fees	Varies	No	No	No	No	No	No	No
CFD Commission Fees	Yes	Yes	Yes	Yes	No	No	No	charge commissions on cTrader only

What are the Cryptocurrency Brokers Funding and Withdrawal Methods?

Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Cryptocurrency Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Cryptocurrency Brokers.

Broker	IC Markets	eToro	XTB	Pepperstone	AvaTrade	EasyMarkets	SpreadEx	FXPro
Bank transfer	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Credit Cards	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Paypal	Yes	Yes	Yes	Yes	Yes	No	No	Yes
Skrill	Yes	Yes	Yes	Yes	No	Yes	Yes	Yes
Payoneer	No	No	Yes	Yes	Yes	No	Yes	No
Neteller	Yes	Yes	Yes	Yes	Yes	Yes	No	Yes

Find Cryptocurrency Brokers with Round-the-clock support?

Effective customer service is an essential factor to consider when dealing with Cryptocurrency Brokers.

Cryptocurrency Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.

The customer support options offered by Cryptocurrency Brokers can include phone answering services, live chat support, and email customer service support.

IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

eToro support a wide range of languages including English, German, Spanish, French, Italian

IC Markets and eToro offer support where clients are able to call or contact the helpdesk via email or a chat service.

Broker	IC Markets	eToro	XTB	Pepperstone	AvaTrade	EasyMarkets	SpreadEx	FXPro
Support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support
Languages	English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more	English, German, Spanish, French, Italian	English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish	English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic	Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish	English, German, Arabic, Chinese, Spanish and Polish	English	Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Vietnamese, Greek, Malaysian, Thai, Turkish, Romanian, Czech, Slovak
Learn More	Visit IC Markets	Visit eToro	Visit XTB	Visit Pepperstone	Visit AvaTrade	Visit easyMarkets	Visit SpreadEx	Visit FxPro
Risk Warning	Losses can exceed deposits	76% of retail investor accounts lose money when trading CFDs with this provider.	76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.	75-95 % of retail investor accounts lose money when trading CFDs	71% of retail investor accounts lose money when trading CFDs with this provider	Your capital is at risk	Losses can exceed deposits	75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider

Make sure the Cryptocurrency Brokers Offer Comprehensive Trader resources?

It's important to ensure your Cryptocurrency Brokers provide complimentary resources such as analysis, education, and risk management tools. IC Markets and eToro collaborate with top analysts to bring the most up-to-date news and insights to traders.

Sound risk and money management are vital to financial market navigation with Cryptocurrency Brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Cryptocurrency Brokers.

Why Cryptocurrency Brokers needs to be regulated?

Regulated Cryptocurrency Brokers lowers your risk of loss of deposited trading funds.

Lowering your risk is one of the benefits of working with a properly regulated Cryptocurrency Brokers.

Consumers are protected by Cryptocurrency Brokers regulation, critical to preventing inadequate services and potential financial harm.

Regulation of Cryptocurrency Brokers is necessary to prevent fraud. The Cryptocurrency Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Cryptocurrency Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.

Cryptocurrency Brokers List

IC Markets

★★★★☆ (4/5)

Min deposit : 200

Visit IC Markets Try a Demo Read review

IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

eToro

★★★★☆ (4/5)

Min deposit : 100

Visit eToro Try a Demo Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 30000000+ traders. 76% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076

XTB

★★★★☆ (4/5)

Min deposit : 0

Visit XTB Try a Demo Read review

XTB was established in 2002 and is used by over 1000000+ traders. 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19)

Pepperstone

★★★★☆ (4/5)

Min deposit : 200

Visit Pepperstone Try a Demo Read review

Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account

Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217

AvaTrade

★★★★☆ (4/5)

Min deposit : 100

Visit AvaTrade Try a Demo Read review

AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland

EasyMarkets

★★★★☆ (4/5)

Min deposit : 100

Visit easyMarkets Try a Demo Read review

easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)

SpreadEx

★★★★☆ (4/5)

Min deposit : 1

Visit SpreadEx Try a Demo Read review

SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Financial Conduct Authority (FCA)

FXPro

★★★★☆ (4/5)

Min deposit : 100

Visit FxPro Try a Demo Read review

FxPro was established in 2006 and is used by over 1866000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)

Plus500

★★★★☆ (4/5)

Min deposit : 100

Visit Plus500 Try a Demo Read review

Plus500 was established in 2008 and is used by over 24000000+ traders. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs, CFD Shares, CFD Indices, CFD Forex, CFD Commodities, CFD ETFs, CFD Options, CFD Futures, Real shares via Plus500Invest .

Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA

Admiral

★★★☆☆ (3/5)

Min deposit : 200

Visit Admiral Markets Try a Demo Read review

Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)

webull

★★★★☆ (4/5)

Min deposit : 50

Visit Webull Try a Demo Read review

Webull was established in 2017 and is used by over 5000+ traders. Your capital is at risk Webull offers Stocks, Options, ETFs, ADRs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)

Cryptocurrency Brokers FAQ

What are the best Cryptocurrency brokers?

The best Cryptocurrency brokers that are regulated are

• IC Markets rated 4/5
• eToro rated 4/5
• XTB rated 4/5
• Pepperstone rated 4/5
• AvaTrade rated 4/5
• easyMarkets rated 4/5
• SpreadEx rated 4/5
• FxPro rated 4/5
• Plus500 rated 4/5
• Admiral Markets rated 3/5
• Webull rated 4/5

What is the best Cryptocurrency broker?

The best Cryptocurrency broker is IC Markets. We consider IC Markets one of the best Cryptocurrency brokers because IC Markets is actively used by over 180000 active traders. IC Markets ia regulated by tier 1 financial regulators including Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC). IC Markets were founded in 2007 and have a headquarters in Australia. You can open a live trading account with IC Markets with as little as a 200 min deposit.

Related Cryptocurrency Brokers Reviews

Read our reviews on our Cryptocurrency Brokers listed above. You can read our indepth Cryptocurrency Brokers reviews below.

• IC Markets Review
• eToro Review
• XTB Review
• Pepperstone Review
• AvaTrade Review
• easyMarkets Review
• SpreadEx Review
• FxPro Review
• Plus500 Review
• Admiral Markets Review
• Webull Review

Related Cryptocurrency Brokers Alternatives

If you're not completely satisfied with the Cryptocurrency Brokers options provided above, or if you're simply curious about other possibilities, take a look at our expertly curated selection of top-rated Cryptocurrency Brokers alternatives below.

• IC Markets Alternatives
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• XTB Alternatives
• Pepperstone Alternatives
• AvaTrade Alternatives
• easyMarkets Alternatives
• SpreadEx Alternatives
• FxPro Alternatives
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Related Cryptocurrency Brokers Comparisons

Browse through our selection of Cryptocurrency Brokers comparisons where we provide side-by-side analysis of our highest rated Cryptocurrency Brokers options. Explore some of our Cryptocurrency Brokers VS pages listed below.

• ICMarkets vs eToro
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• SpreadEx vs AvaTrade
• SpreadEx vs easyMarkets
• FxPro vs ICMarkets
• FxPro vs eToro
• FxPro vs XTB
• FxPro vs Pepperstone
• FxPro vs AvaTrade

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Losses can exceed deposits