We found 11 online brokers that are appropriate for Trading Crypto Brokers.
When it comes to cryptocurrencies, you might be familiar with Bitcoin(BTC) or Ethereum(ETH), which are endorsed by most exchange and trading sites. However, there are actually many other cryptocurrencies hosted on trading platforms. You can pair these digital currencies and trade them on margin. There are hundreds of them, and each trading site may have a different number of cryptocurrency pairs you can trade.
Unlike major Bitcoins, these altcoins are highly volatile and many of them don't last nearly as long. These altcoins have different applications. In other words, they can be retailable products and/or services. The survival and sustainability of altcoins are determined by how their applications are beneficial for users. Without useful application, a cryptocurrency becomes irrelevant and therefore, won't survive for very long. That's why you definitely need to consider more factors when trading altcoins.
You should comprehend how blockchain projects work and whether they're useful before you trade the pair. Prospective blockchain projects usually possess certain characteristics, including: 24/7 operation, worldwide/borderless access, peer-to-peer trading, embracing anonymity, requiring no authoritative bodies, good security, and so forth. The more comprehensive a blockchain project, the stronger the cryptocurrency will be in the future. A successful blockchain project is one that can provide the best possible access to the decentralization of data through their applications.
Some applications that cover the characteristics mentioned above are already familiar. These include: file sharing sites, web hosting services, trading/exchange platforms, smart contracts, anonymous payment, or VPN services. Successful blockchain projects have been those that run these services and maintain decentralization characteristics as often as possible.
By comprehending the characteristics of a blockchain application, you should be able to figure out prospective altcoins that you can invest in and trade. With no authorities that can possibly watch, prohibit, or restrict the blockchain application, a blockchain project could have a bright future. When you're considering altcoins or blockchain projects, you should be clear on their applications. The ones that use hybrid, or old school, centralized systems could come to an end very soon, because they're not really a cryptocurrency or blockchain project in the first place.
We can't exactly forecast the future of Bitcoin, but we can observe the applications now. How can beneficial applications back up blockchain projects? The key is to discover the weaknesses and incapability of centralized database platforms. An example of a beneficial application would be: a video streaming service that provides premium videos, where the viewers get and spend a token for watching videos while the creators are credited with tokens for being watched and contributing. While today's video streaming services keep their premium content exclusive, this kind of blockchain project would be beneficial for viewers and content creators. Today, many blockchain projects adopt this application concept.
It's no longer a secret that many blockchain projects don't last long, because many application benefits are implemented in major cryptocurrencies, like Bitcoin. This would make the success of crypto projects, even those that are creative and innovative enough, uncertain in the future.
Generally speaking, by following their uncertainty, altcoins should never be seen as a long-term investment. Trading altcoins means dealing with un-controlled, highly volatile assets, which equates to speculation. If you understand how volatile major cryptocurrencies work, you can double or triple your investment with altcoins. There have also been practices where blockchain project creators scam people with enticing offerings.
Bitcoin and Ethereum are two major successful cryptocurrencies that have become a benchmark for both traders and creators. Unfortunately, it is unlikely that such high gains will show up from new crypto projects. Even though some of them are well-designed and have good applications, you can't expect an exploding phenomenon like Bitcoin. However, altcoins are still attractive for many investors who want to trade on margin, but not for a long-term investment.
Despite all the challenges and limitations, it's still possible to figure out prospective altcoins based on their applications. Crypto projects should be super innovative in using the blockchain system to provide benefits for users. You should research their whitepaper, websites, and other observable resources.
By this point, you should understand that holding altcoins long-term is not recommended. You can limit trade pairs of altcoins, but for shorter terms, as they are highly volatile and can end at anytime. Since trading would become your solution, choosing the best altcoin broker would be the key to success. Reputable brokerage sites typically host eligible pairs of altcoins that you may want to invest in and trade. Some of these sites may also have their own coins and the trading platform is their application.
Whenever available, use a demo account on the altcoin brokerage sites that you plan to use, and comprehend the performance of each alternative cryptocurrency before actually trading them.
We have conducted extensive research and analysis on over multiple data points on alt coin broker to present you with a comprehensive guide that can help you find the most suitable alt coin broker. Below we shortlist what we think are the best Crypto Brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching alt coin broker.
Selecting a reliable and reputable online Crypto Brokers 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 Crypto Brokers more confidently.
Selecting the right online Crypto Brokers trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Crypto Brokers trading, it's essential to compare the different options available to you. Our Crypto Brokers brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Crypto Brokers broker that best suits your needs and preferences for Crypto Brokers. Our Crypto Brokers broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Crypto Brokers.
Compare Crypto Brokers brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Crypto Brokers broker, it's crucial to compare several factors to choose the right one for your Crypto Brokers needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Crypto Brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Crypto Brokers that accept Crypto Brokers clients.
Broker | IC Markets | eToro | XTB | Pepperstone | AvaTrade | EasyMarkets | SpreadEx | FXPro | Plus500 | Admiral | UFX |
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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) | Cyprus Securities and Exchange Commission (CySEC) |
Min Deposit | 200 | 100 | No minimum deposit | 200 | 100 | 100 | 1 | 100 | 100 | 200 | 500 |
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Used By | 180,000+ | 30,000,000+ | 935,000+ | 400,000+ | 300,000+ | 142,500+ | 10,000+ | 1,866,000+ | 24,000,000+ | 10,000+ | 10,000+ |
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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 | MT4, Web Trader, Tablet & Mobile apps |
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Learn More |
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Up with ufx |
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. | 74-89 % 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 |
UFX 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, AR, 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, UY, 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 | DZ, BZ, IL, JO, LY, MU, SD, SY, TN, US, YE, PK, BE |
You can compare Crypto 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 Crypto Brokers for 2024 article further below. You can see it now by clicking here
We have listed top Crypto Brokers below.
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.