We found 11 online brokers that are appropriate for Trading Bitcoin Alternative Crypto Brokers.
For me, cryptocurrencies have completely transformed the financial world, and Bitcoin stands out as the first and most well-known digital currency. However, as the crypto market has grown, I’ve come across numerous alternatives to Bitcoin, each with its own unique features, advantages, and potential challenges.
In this guide, I’ll share my insights into some of the leading Bitcoin alternatives, explain why I might consider them, and outline the factors I weigh when choosing the right cryptocurrency for my needs. This includes looking at price changes, volatility, regulatory developments, and how they stack up against Bitcoin.
When I talk about Bitcoin alternatives, often called altcoins, I’m referring to cryptocurrencies that have been developed as options beyond Bitcoin. While Bitcoin remains the leader in terms of market capitalization and widespread adoption, I see altcoins as providing functionalities, technological improvements, or specific use cases that Bitcoin might not cover.
For instance, some altcoins are designed to address Bitcoin’s limitations, like transaction speed or energy consumption. Others focus on offering new features, such as smart contracts or decentralized applications (dApps), which open up entirely different possibilities.
The altcoin landscape is incredibly diverse, with thousands of options to choose from. However, in my experience, only a few have gained significant recognition and adoption. In this guide, I’ll highlight some of the most prominent Bitcoin alternatives that I believe have become key players in the cryptocurrency space.
For me, Ethereum stands out as one of the best alternatives to Bitcoin. Since its launch in 2015 by Vitalik Buterin, Ethereum has introduced groundbreaking features like smart contracts—self-executing contracts with the terms directly coded in. This makes Ethereum more than just a cryptocurrency; it’s a platform for building decentralized applications (dApps).
I’ve watched Ethereum's price fluctuate dramatically over the years. Back in January 2020, Ether (ETH) was trading around $130. By November 2021, it hit an all-time high of approximately $4,890, but as of mid-2024, it’s settled between $1,600 and $2,000. The volatility is undeniable, but it also highlights the potential for high returns.
Here’s how I see Ethereum comparing to Bitcoin:
I’ve found Ripple to be a compelling option, especially for international money transfers. Launched in 2012, Ripple focuses on fast, low-cost cross-border payments for financial institutions. Its native cryptocurrency, XRP, acts as a bridge currency for transactions involving different fiat currencies.
Ripple’s price has seen its fair share of ups and downs. In early 2020, XRP traded around $0.20, spiked to over $1.80 in April 2021, but dropped significantly following legal issues with the SEC. As of mid-2024, XRP trades around $0.50 to $0.60. For me, this volatility reflects both the potential and the risks.
Here’s how Ripple compares to Bitcoin in my experience:
Litecoin has been my go-to for a simpler and faster alternative to Bitcoin. Created in 2011 by Charlie Lee, Litecoin was designed to improve on Bitcoin’s scalability issues. With faster transaction times and lower fees, it’s well-suited for everyday use.
Litecoin’s price movements have been more moderate. Starting at around $40 in January 2020, it peaked at $400 in May 2021 and now trades between $60 and $80. While it’s less volatile than some other alternatives, it’s still a cryptocurrency, so risks remain.
Here’s how Litecoin stacks up against Bitcoin for me:
Cardano has caught my attention for its unique focus on security and scalability. Launched in 2017 by Charles Hoskinson, one of Ethereum’s co-founders, Cardano emphasizes peer-reviewed academic research and a methodical development process.
Cardano’s ADA token has seen major growth, from $0.03 in January 2020 to a high of $3.10 in September 2021. However, like other cryptocurrencies, it’s experienced volatility, now stabilizing around $0.25 to $0.40 in mid-2024.
Here’s how I compare Cardano to Bitcoin:
For me, Binance Coin (BNB) is more than just another cryptocurrency—it’s deeply tied to the Binance exchange, one of the largest in the world. Initially launched in 2017 as a utility token on Ethereum, it later moved to Binance’s own blockchain, Binance Smart Chain (BSC).
BNB’s growth has been impressive. It started at $15 in January 2020, peaked at over $690 in May 2021, and now trades between $200 and $250. However, its value is closely linked to Binance’s performance, which adds an extra layer of risk.
Here’s how I see BNB compared to Bitcoin:
Solana has impressed me with its high-speed, low-cost blockchain platform. Since its launch in 2020, it has gained a reputation for being able to process thousands of transactions per second, a game-changer in the crypto world.
Solana’s SOL token has had a wild ride, rising from $0.50 in April 2020 to $260 in November 2021 before correcting. As of now, Solana remains more volatile than Bitcoin but offers unique opportunities for those looking to invest in cutting-edge blockchain technology.
Here’s how I compare Solana to Bitcoin:
Stablecoins, like USDT and USDC prices are linked to a fiat currency like the US dollar. Unlike the more volatile cryptocurrencies, stablecoins have remained relatively stable in price, usually trading close to $1.00. This stability makes them less volatile than Bitcoin and useful for hedging against market fluctuations.
How Stablecoins Compare to Bitcoin:
Privacy coins like Monero (XMR) and Zcash (ZEC) prioritize user anonymity and privacy. Since 2020, Monero's price has ranged from around $45 in early 2020 to a high of over $470 in May 2021, with a current price range of $140 to $160 in mid-2024. Zcash has seen similar volatility, rising from $30 in 2020 to over $300 in 2021, and currently trading around $30 to $40. Both privacy coins are more volatile than Bitcoin, largely due to their niche use case and regulatory scrutiny.
How Privacy Coins Compare to Bitcoin:
For me, there are several reasons to look beyond Bitcoin and consider alternatives. While Bitcoin is the most established cryptocurrency, it has its limitations. I’ve noticed issues like slower transaction speeds and high energy consumption, especially as the network continues to grow.
Altcoins often solve these problems by offering faster transactions, lower fees, or more energy-efficient consensus mechanisms. For example, I appreciate how Proof-of-Stake (PoS) mechanisms, used by cryptocurrencies like Cardano and Ethereum 2.0, are generally more energy-efficient than Bitcoin's Proof-of-Work (PoW) system.
Beyond these improvements, I also value the unique features many Bitcoin alternatives bring to the table. For instance, Ethereum’s smart contracts make it possible to develop decentralized applications, while Ripple focuses on streamlining international money transfers. These specialized functionalities make some altcoins more appealing to me for specific use cases or investment strategies.
Diversification is another reason I explore Bitcoin alternatives. By spreading my investments across multiple cryptocurrencies, I can reduce risk and tap into the growth potential of emerging technologies and platforms. While I still see Bitcoin as an important asset, altcoins give me the chance to engage with different aspects of the evolving cryptocurrency market.
When I’m deciding on a Bitcoin alternative, these are the key factors I consider:
Use Case: I think about what the altcoin is designed to do. Is it meant for payments, smart contracts, decentralized finance, privacy, or something else? Understanding its purpose helps me decide if it fits my needs.
Technology: I evaluate the technology behind the altcoin. Is it scalable, secure, and energy-efficient? I look for improvements over Bitcoin, such as faster transaction speeds or reduced energy consumption.
Adoption and Community: The adoption level and community strength matter to me. I focus on cryptocurrencies with an active user base, strong developer support, and a growing ecosystem of projects.
Market Position: I assess where the altcoin stands in the market. Is it a top player with a significant market cap, or an emerging project with room to grow? Market position gives me insight into confidence and investment in the altcoin.
Regulatory Environment: I also consider the regulatory risks. For example, some cryptocurrencies, like Ripple, have faced legal challenges that could impact their future. Being aware of these risks helps me make informed decisions.
Long-Term Viability: Lastly, I look at the altcoin’s long-term potential. Is there a strong team behind it? Does it have a clear roadmap and the ability to adapt to the evolving cryptocurrency market? These factors help me gauge its staying power.
For me, Bitcoin alternatives open up exciting opportunities to explore the broader cryptocurrency landscape. Each altcoin has its own features, benefits, and risks, so it’s important to evaluate them based on my personal goals and needs.
Whether I’m looking for faster transactions, smart contracts, privacy, or a way to diversify my investments, there’s usually a Bitcoin alternative that fits my requirements. Exploring these options allows me to make the most of what the cryptocurrency market has to offer.
We have conducted extensive research and analysis on over multiple data points on Bitcoin Alternatives to present you with a comprehensive guide that can help you find the most suitable Bitcoin Alternatives. Below we shortlist what we think are the best Bitcoin Alternative Crypto Brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Bitcoin Alternatives.
Selecting a reliable and reputable online Bitcoin Alternative 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 Bitcoin Alternative Crypto Brokers more confidently.
Selecting the right online Bitcoin Alternative 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 Bitcoin Alternative Crypto Brokers trading, it's essential to compare the different options available to you. Our Bitcoin Alternative 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 Bitcoin Alternative Crypto Brokers broker that best suits your needs and preferences for Bitcoin Alternative Crypto Brokers. Our Bitcoin Alternative Crypto Brokers broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Bitcoin Alternative Crypto Brokers.
Compare Bitcoin Alternative Crypto Brokers brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Bitcoin Alternative Crypto Brokers broker, it's crucial to compare several factors to choose the right one for your Bitcoin Alternative Crypto Brokers needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Bitcoin Alternative Crypto Brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Bitcoin Alternative Crypto Brokers that accept Bitcoin Alternative Crypto Brokers clients.
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IC Markets
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eToro
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XTB
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Pepperstone
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AvaTrade
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EasyMarkets
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SpreadEx
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FXPro
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Admiral
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webull
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tradezero
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | 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) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | SEC (Securities and Exchange Commission), FINRA (Financial Industry Regulatory Authority), SIPC (Securities Investor Protection Corporation), NYSE (New York Stock Exchange), NFA (National Futures Association), CFTC (Commodity Futures Trading Commission), CBOE EDGX (Cboe EDGX Exchange, Inc.) | SCB (Securities Commission of the Bahamas) (SIA-F151) |
Min Deposit | 200 | 50 | No minimum deposit | No minimum deposit | 100 | 25 | No minimum deposit | 100 | 1 | No minimum deposit | 500 |
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Used By | 200,000+ | 35,000,000+ | 1,000,000+ | 400,000+ | 400,000+ | 250,000+ | 60,000+ | 7,800,000+ | 30,000+ | 20,000,000+ | 250,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | Webull Desktop, WebTrade, Webull Mobile, Mobile Apps, Android (Google Play), iOS (App Store) | ZeroPro, Desktop, Web, ZeroWeb, ZeroFree, ZeroMobile, Android (Google Play), iOS (App Store) |
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Learn More |
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Risk Warning | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% 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 | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | Your capital is at risk | Your capital is at risk |
Demo |
IC Markets Demo |
eToro Demo |
XTB Demo |
Pepperstone Demo |
AvaTrade Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Admiral Markets Demo |
Webull Demo |
TradeZero 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, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | 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 | 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 | US, IN, PK, BD, NG , ID, BE |
You can compare Bitcoin Alternative 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.
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We have listed top Bitcoin Alternative 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. 61% 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.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
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.