Best Bitcoin Brokers Guide
Updated January 20, 2022
Best Bitcoin Broker
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.
What is Bitcoin
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.
Why Bitcoin Brokers
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.
Bitcoin Trading Pros
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.
Bitcoin Trading Cons
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 Buying Risks
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.
Bitcoin Trading Challenges
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.
Bitcoin Brokers and Buying Bitcoin
Purchasing the currency is easy.
Bitcoin brokerages suggest the following three ways to buy Bitcoin:
- Make payment through Skrill, PayPal and other such online payment platforms.
- The Bitcoin brokers also accept cash in buying the currency.
- Payment can be done through debit card, credit card or bank transfer. However, the payment will be processed through cryptocurrency exchanges.
Best Bitcoin Broker Checklist
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.
Bitcoin Brokers Ins and Outs
When looking for a Bitcoin broker it is important to consider some of the factors mentioned below:
Regulation
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.
Reputation
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.
Price
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
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.
Payment Charges
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.
Leverage
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.
Ease of Use
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.
Variety of Crypto Coins
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.
Demo Account
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.
Best Bitcoin Broker Disclaimer
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.
Best Bitcoin Brokers
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.
Best Bitcoin Broker Verdict
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've collected thousands of datapoints and written a guide to help you find the best Bitcoin Brokers for you. We hope that this information assists you in locating a reliable and reputable broker who meets your online trading requirements. We have compiled a list of what we consider the best bitcoin brokers below.
Reputable Bitcoin Brokers Checklist
There are a number of important factors to consider when picking an online Bitcoin trading brokerage.
- Check your Bitcoin broker has a history of at least 2 years.
- Check your Bitcoin broker has a reasonable sized customer support of at least 15.
- Does the Bitcoin broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Bitcoin broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Bitcoin broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Bitcoin can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Bitcoin Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Bitcoin Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Bitcoin Brokers of 2022 compared
Here are the top Bitcoin Brokers.
Compare Bitcoin Brokers min deposits, regulation, headquarters, benefits, funding methods and fees 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 |
eToro
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IC Markets
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AvaTrade
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XTB
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Pepperstone
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Plus500
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EasyMarkets
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SpreadEx
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Admiral
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FXPro
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Markets.com
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| Rating | |||||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, 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) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | 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 | 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), 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 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), BVI Financial Services Commission (BVI FSC) |
| Min Deposit | 10 | 200 | 100 | No minimum deposit | 200 | 100 | 100 | 1 | 200 | 100 | 100 |
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| Used By | 20,000,000+ | 180,000+ | 300,000+ | 250,000+ | 89,000+ | 15,500+ | 142,500+ | 10,000+ | 10,000+ | 1,866,000+ | 4,000,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with etoro |
Sign
Up with icmarkets |
Sign
Up with avatrade |
Sign
Up with xtb |
Sign
Up with pepperstone |
Sign
Up with plus500 |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with admiralmarkets |
Sign
Up with fxpro |
Sign
Up with marketscom |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | 77% 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. | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | 67% 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 |
| Demo |
eToro Demo |
IC Markets Demo |
AvaTrade Demo |
XTB Demo |
Pepperstone Demo |
Plus500 Demo |
easyMarkets Demo |
SpreadEx Demo |
Admiral Markets Demo |
FxPro Demo |
Markets.com Demo |
| Excluded Countries | 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, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | BE, BR, KP, NZ, TR, US, CA, SG | US, IN, PK, BD, NG , ID, BE, AU | BR, KR, IR, IQ, SY, JP, US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | US | US, TR | US, CA, JP, SG, MY, JM, IR, TR | US, CA, IR | RU, BR, CH, SG, JP, US, CA, BE, IL, TR, NZ, SY, IR, IQ, HK, PR, CN |
eToro Risk Disclosure
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. 67% 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.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
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.
All Bitcoin brokers in more detail
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 2022 article further below. You can see it now by clicking here
We have listed top Bitcoin brokers below.
Bitcoin Brokers Table of Contents
- Bitcoin Brokers Explained
- 6 Factors to Consider when Choosing Bitcoin Brokers
- Are Your Bitcoin Brokers Trusted And Established?
- Are The Bitcoin Brokers World Leading?
- What are the Bitcoin Brokers Commissions and Fees?
- What are the Bitcoin Brokers Funding and Withdrawl Methods?
- Find Bitcoin Brokers with Round-the-clock support?
- Make sure the Bitcoin Brokers Offer Comprehensive Trader resources?
- Why Bitcoin Brokers needs to be regulated?
- Bitcoin Brokers FAQ
- What are the best Bitcoin brokers?
- What is the best Bitcoin broker?
- Related Bitcoin Brokers Reviews
- Related Bitcoin Brokers Alternatives
- Related Bitcoin Brokers Comparisons
Bitcoin Brokers Explained
Trading the financial markets with Bitcoin Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Bitcoin Brokers is the platform that a Bitcoin Brokers offer.
Choose Bitcoin Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Bitcoin Brokers that you can rely on.
6 Factors to Consider when Choosing Bitcoin Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your Bitcoin Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Bitcoin broker is eToro. Established in 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 Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
Another top rated broker is IC Markets.
IC Markets was established 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 Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
XTB
|
Pepperstone
|
Plus500
|
| Year Established | 2007 | 2007 | 2006 | 2002 | 2010 | 2008 |
| Head Office | Cyprus, UK | Australia | Ireland | Poland | Australia | Israel |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, 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) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | 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 | 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), 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 |
| Used By | 20,000,000+ | 180,000+ | 300,000+ | 250,000+ | 89,000+ | 15,500+ |
| Negative balance protection | Yes | Yes | No | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | Yes |
| Learn More | Visit eToro | Visit IC Markets | Visit AvaTrade | Visit XTB | Visit Pepperstone | Visit Plus500 |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | 77% 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. |
Are The Bitcoin Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 2000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the eToro platform enables access to a variety of financial markets worldwide. eToro 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 Bitcoin Brokers is IC Markets . IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
eToro
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IC Markets
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AvaTrade
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XTB
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Pepperstone
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Plus500
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| Instruments Available | 2000 | 232 | 1250 | 4000 | 100 | 2000 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Excluded Countries | ZA, 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, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | US | BE, BR, KP, NZ, TR, US, CA, SG | 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 | BR, KR, IR, IQ, SY, JP,US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE |
| Forex pairs offered | 50 | 65 | 55 | 57 | 70 | 100 |
| Forex pairs offered | 50 | 65 | 55 | 57 | 70 | 100 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | Yes | Yes | Yes |
| Commodities Offered | 31 | 19 | 17 | 21 | 16 | 17 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | Yes | No | Yes |
| Stocks Offered | 2042 | 110 | 1000 | 1696 | 60 | 1816 |
| UK Shares | Yes | Yes | Yes | Yes | No | Yes |
| US Shares | Yes | Yes | Yes | Yes | No | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | No | Yes |
What are the Bitcoin Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Bitcoin broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is 10.
Another top rated Bitcoin broker IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
eToro
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IC Markets
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AvaTrade
|
XTB
|
Pepperstone
|
Plus500
|
| Min Deposit | 10 | 200 | 100 | 0 | 200 | 100 |
| Withdrawl Fees | Yes | No | No | varies | No | No |
| Inactivity Fees | Yes | No | No | Yes | Yes | Yes |
| Deposit Fees | No | Varies | No | No | No | No |
| CFD Commission Fees | Yes | Yes | No | Yes | Yes | No |
What are the Bitcoin Brokers Funding and Withdrawal Methods?
When dealing with Bitcoin Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
XTB
|
Pepperstone
|
Plus500
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | Yes | Yes |
| Skrill | Yes | Yes | No | Yes | Yes | Yes |
| Payoneer | No | No | Yes | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | No |
Find Bitcoin Brokers with Round-the-clock support?
Customer service is very important when dealing with Bitcoin Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Bitcoin Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, Italian
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
XTB
|
Pepperstone
|
Plus500
|
| Support |
|
|
|
|
|
|
| Languages | English, German, Spanish, French, Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | 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, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese |
| Learn More | Visit eToro | Visit IC Markets | Visit AvaTrade | Visit XTB | Visit Pepperstone | Visit Plus500 |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | 77% 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. |
Make sure the Bitcoin Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and IC Markets work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why Bitcoin Brokers needs to be regulated?
A regulated Bitcoin broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Bitcoin brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Bitcoin Brokers List
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. 67% 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.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
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.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
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 PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
