We found 11 online brokers that are appropriate for Trading Bitcoin.
Bitcoin was the first cryptocurrency, launched in 2009. Since then, the market has been flooded with thousands of crypto variants. Currently, there are around 1,600 active crypto coins among more than 5,000 variants created in a time period of a decade. This proves that cryptocurrencies have become popular among investors. However, in this article, titled 'Bitcoin Brokers', we will limit our discussion to only the Bitcoin industry.
In 2016, the price of Bitcoin spiked exponentially. It then become a massive bubble and a year later, in December 2017, its fall was dramatic and the value of one unit reached only $20,000. This created several retail millionaires. However, Bitcoin's tumble was not limited to the $20K mark. By the end of 2018, its price dropped to less than $3,000.
A giant leap was next witnessed at the end of 2020, and investors have been thankful for the COVID-19 pandemic and global lockdowns, which led to a near-to-recession of financial markets. Investors turned to safe-havens, including gold and cryptocurrency, to invest their capital and obtain good returns. Bitcoin reached an all-time high in price and the upwards phenomenon has continued in 2021.
Currently, the digital coin is the most valuable cryptocurrency in the world with respect to market capitalisation.
Today, most brokers offer bitcoin trading services. It is important to always trade with a trusted broker, as the market of crypto coins is highly volatile. The success mostly lies with which broker you are dealing with. If the brokerage is regulated, there are more chances of being served reputably. If unregulated, you may get scammed or may experience poor customer support.
There are some other factors to consider while choosing the best bitcoin broker in the industry. Fees or commissions need to be comparatively low. A high charge eats a good percentage of your profit. However, it does not mean the one with the lowest cost is the best bitcoin broker. You need to scrutinize from the lens of the mass.
Additionally, the best bitcoin broker should have a good portfolio, years of experience in the industry, at least a ton of successful clients, and a good reputation among traders.
Reading brokers reviews on popular news and magazine media websites is recommended. Following the feedback of customers is important and plays a good role while selecting the best bitcoin broker for the crypt currency trading needs.
Bitcoin brokers facilitate trading the world's most popular and largest cryptocurrency Bitcoin. Bitcoin brokers help traders in the buying and selling the virtual currency.
Lately, many Bitcoin brokers also deal in other digital currencies including Litecoin, Zcash and Monero.
Bitcoin is a decentralized digital currency without a single administrator or a central bank and is sent without any intermediaries from peer-to-peer or user to user. Network nodes verify the transactions and details of these are recorded in a blockchain publicly distributed ledger.
Trading with Bitcoin brokers comes with some advantages and helps in diversifying investment portfolios.
It is a universal truth that cryptocurrencies are highly volatile and can pose a serious risk as an investment.
The Bitcoin brokers offer research tools and educational resources that help guide how much risk a trader should take at certain times and under what circumstances. Trading risk should not be beyond a traders risk-bearing limit.
The cryptocurrency market is highly volatile and lately the price of Bitcoin is depreciating. As volatility is an important feature of digital currency, one can regain losses quickly.
Bitcoin is at the top-notch position among virtual currencies and its popularity is further growing.
This means the demand will keep on growing as the supply of the currency is limited. Widespread adoption is also growing and hence investment in it seems a good financial decision.
Globally there are more than 4,000 ATMs that allow Bitcoin and currently the coin can be purchased virtually at any Swiss railway station.
Lately, the French government announced the currency can be bought at tobacco shops.
Bitcoin is currently in a nascent stage and institutional money may soon enter the cryptocurrency markets. This means more growth is predicted for Bitcoin.
However, it is suggested to make full use of and educational resources and trading guides from Bitcoin brokers before investing as it is a volatile market.
Apart from being highly volatile, the Bitcoin lacks legislation. Several countries are struggling to find out the right approach in placing the country within a regulatory framework.
Bitcoin trading is highly tempting. The currency is just about a decade old, and many early traders have gained several folds of profits. It is the first currency in the cryptocurrency world, while now there are hundreds of such digital currencies. The greatest risk of bitcoin trading is the hacking of its websites, which leads to the stealing of coins. In some cases, bitcoin has faced legal scrutiny.
Amid such threats and risks, the market of bitcoin has rapidly increased, and over the years more well-established brokers have started offering the service of bitcoin trading.
Some of the common challenges in bitcoin trading are trading costs, liquidity, product availability and regulation. Apart from these, the risks of dealing with digital currencies could be a bit confronting.
Keeping the coins in safe custody is a big task, as bitcoin and other such cryptocurrencies are bear financial instruments. The priority here always is to protect the private key, and this of course comes with several levels of complexities. The best bitcoin broker can guide you in a simple and accessible way how to protect the currencies.
Even with such safety and protection, many well-established brokers have not come up with a crypto wallet to facilitate clients withdrawing the tokens. The Crypto Exchange Circle is one such organization that offers the wallet where a customer needs to first sell the tokens before withdrawing in the USD.
Sometimes, the risks are even greater than one can realize, so a couple of regulated brokers review the system and the traders occasionally.
Purchasing the currency is easy.
Bitcoin brokerages suggest the following three ways to buy Bitcoin:
The first checklist is to check the broker on the websites of regulatory agencies in the country where the broker is registered or operating. It is easy. In the United Kingdom, the Financial Conduct Authority (FCA) is the regulatory authority. The FCA website carries all the valid details of bitcoin brokers, such as the name of the broker, address, reputation, reviews and so on. This one source is enough to find whether a broker in the UK is regulated by the agency.
The trading cost varies across brokers, so it is suggested to either email them or have a verbal discussion with them to find out the fees or commissions charged. If the broker is regulated, it is suggested to strike a deal with the one that is charging comparatively lower fees or commissions. Low commissions and tight spreads offered by a broker can help you save money while buying the bitcoins.
When looking for a Bitcoin broker it is important to consider some of the factors mentioned below:
It is important to confirm that Bitcoin is traded through a regulated broker. It is risky to trade via an unregulated broker. However, dealing with a regulated broker does not mean a complete guarantee against a well-hidden marketplace, but traders are fully protected against theft and fraud.
It is best to deal your Bitcoin with a reputable broker. A good reputation builds good trust, meaning most traders are subsequently satisfied with the services used.
The price of Bitcoin tends to be valued at a similar rate across all cryptocurrency exchanges, but the spreads between buy and sell may differ. Bitcoin brokers earn from the differences between the buying price and selling price. This directly impacts the profitability of a trader.
Customer support is important. A good broker always has a good infrastructure for customer support, meaning an investor can seek help at any time. Most Bitcoin brokers offer 24/7 customer support arrangements, meaning you can deal with such brokers throughout the day and night.
It is important to check the payment charges before striking a deal with a broker. Some waive deposit fees but charge for withdrawing funds. Some are cheaper than others, and some brokers may even charge zero commission or fees when trading.
Those who are looking to trade CFDs should find out what percentage of leverage if offered. Some may look for 90 percent leverage, while many may be satisfied with only 75 percent. It is important to check with the broker and whether your specific requirements are met.
An easy-to-use trading platform is important when trading. It should be easy to navigate and understand all its features, and those Bitcoin brokers offering easy user-interface trading platforms are in high demand.
If Bitcoin brokers accept deposits in other cryptos of fiat currencies, this may be an added advantage. Most brokers try to accept deposits in a variety of currencies.
A demo account helps one learn about trading. It helps gain exposure to trading as well as building up strategies. Not all Bitcoin brokers offer a demo account, and it is better to deal with such a broker who offers one. A demo account comes with a virtual fund and, hence, there is no risk one will lose real money.
Bitcoin involves a high degree of risk, and it is more on margin-based trading. Hence, it should never be assumed that the techniques, indicators or methods offered by a broker to trade could be profitable. These may even turn into losses. Hence, customers need to have good knowledge about bitcoin and understand the extent of risk before investing money.
There are many brokerages offering Bitcoin as a tradable asset. When shortlist Bitcoin brokers certain factors should be considered. These include things like location, trading fee, order book volume, deposit and withdrawal limit, security and transparency.
There is a plethora of Bitcoin brokers in the financial markets. In this article, titled 'Bitcoin Brokers', we have discussed the cryptocurrency and what to look for when choosing a trading broker. It is important to follow the above guidelines.
Beginners should always deal with one of the more popular and trusted brokers in order to remain safe and protect themselves from fraud or theft. Also, it is equally important to obtain ample knowledge about Bitcoin as well as Bitcoin trading before initiating your first trade.
Gain ample experience before risking a good volume of your money into Bitcoin as an investment. No mentor or broker can be absolutely perfect in the digital currency industry.
Bitcoin is a volatile currency, hence profits as well as losses can be huge.
Financial markets can go up and down and Bitcoin can be volatile. Bitcoin brokerages offer many analysis and research tools as well as educational resources and guides that help traders learn how to invest safely.
As Bitcoin is not under the control of any government or legislation, traders who opt to invest in it should begin with a lower amounts.
We have conducted extensive research and analysis on over multiple data points on Bitcoin Brokers to present you with a comprehensive guide that can help you find the most suitable Bitcoin Brokers. Below we shortlist what we think are the best bitcoin brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Bitcoin Brokers.
Selecting a reliable and reputable online Bitcoin 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 more confidently.
Selecting the right online Bitcoin 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 trading, it's essential to compare the different options available to you. Our bitcoin 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 broker that best suits your needs and preferences for bitcoin. Our bitcoin broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Bitcoin Brokers.
Compare bitcoin brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a bitcoin broker, it's crucial to compare several factors to choose the right one for your bitcoin needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are bitcoin brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more bitcoin brokers that accept bitcoin clients.
Broker | IC Markets | eToro | XTB | Pepperstone | AvaTrade | EasyMarkets | SpreadEx | FXPro | Admiral | webull | 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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Risk Warning | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 75-83% 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 | 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, | 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 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 Bitcoin Brokers for 2025 article further below. You can see it now by clicking here
We have listed top Bitcoin 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. 51% 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.