We found 11 online brokers that are appropriate for Trading Canadian Bitcoin Investment Platforms.
Bitcoin allows people to perform financial transactions more efficiently and anonymously. Bitcoin and other cryptocurrencies are not based in relation to any fiat currency, despite the fact it is traded and exchanged with said currencies. Despite its volatile nature, a strong interest in Bitcoin has grown among investors and traders. Some enjoy monetary benefits from holding Bitcoin, while others take big risks when trading Bitcoin to gain big returns.
Even though Bitcoin is not yet a legal currency to trade with in Canada, citizens are still able to invest in it. However, few Canadians know how to purchase it. In this article we will discuss how to buy Bitcoin in Canada, both properly and safely.
Upon developing a digital currency portfolio, a traders needs to consider how much they want to invest. Generally speaking, you should invest an amount of money in Bitcoin that you are willing to lose. Bitcoin trading is highly speculative due to the volatile nature of its market, so there is potential for either big gains or big losses. Staking your Bitcoin holdings for rewards is a relatively low risk approach if you want to earn money from your digital currency investment.
Furthermore, you should invest your money wisely in cryptocurrency; Bitcoin is not an exception despite being the most popular choice. Fix a retirement plan and build up an emergency fund from your Bitcoin investment. From here, you will be able to decide how much Bitcoin you want to invest in with your money.
Canadians can purchase Bitcoin in several different ways, including through crypto exchange platforms, trading platforms, Bitcoin ATMs, OTC, peer-to-peer trading, or personal purchases. Every method has its own benefits and traders will prefer one method over others according to their personal needs.
Do not get confused by the variety of trading and exchange platforms available on the market. Bitcoin trading platforms typically offer an exchange feature where you can purchase Bitcoin with fiat currency, but exchange platforms also have Bitcoin crypto trading features.
The most popular and easiest way to purchase Bitcoin is through using crypto trading platforms. These platforms host a variety of exchanges for traders to choose from in order to find the best possible price of Bitcoin. However, these trading sites do not support crypto transfer: you can only withdraw your invested funds by selling your stored Bitcoin. You will have to create an account before starting to invest, and may be required to verify your ID when signing up to a Bitcoin crypto trading platform.
Another method through which you can purchase Bitcoin is by using digital marketplaces or online exchanges. Here, you can trade a diverse range of cryptocurrencies and pairs. Unlike trading platforms, online exchanges facilitate the buying and selling cryptocurrency for other cryptocurrencies. However, your Bitcoin and other crypto holdings within the platform are controlled by the providers. At this point, it is extremely important to use only a reputable exchange platform.
There are even some physical Bitcoin ATMs where you can purchase Bitcoin with a credit or debit card. Even though there are a limited number of Bitcoin ATMs available, they do provide a quick and safe transaction. However, Bitcoin ATMs are not common and you should not count on them for routine uses. Furthermore, purchasing Bitcoin via these ATMs is generally costly due to poor exchange rates and high transaction fees.
If you choose to use crypto marketplaces, you can buy Bitcoins from other users through peer-to-peer trading. The price of the Bitcoin will depend on the seller's asking price and on what you are willing to pay. While it may seem a legitimate process, you should be beware of scammers that present themselves as peer-to-peer trading platforms. Choose a trusted and popular crypto marketplaces to trade Bitcoin. Alternatively, you might prefer to trade Bitcoin over the counter (OTC), which works similarly to peer-to-peer trading using brokers as mediators.
Even though Bitcoin trading systems are not yet formalised yet in Canada, some people have found it very easy to purchase Bitcoin from someone they know. You should only buy Bitcoin in-person from people you trust.
Trading and exchange platforms are the most common places through which to purchase Bitcoin. If you decide to use this method, then choosing a reliable one is the next fundamental task. You should research how an exchange's mechanism and features work. Aside from comparing Bitcoin prices between different platforms, you should also consider the diverse types of fees that could apply to your transactions.
A Bitcoin exchange with low fees is not always the best optionm as you may have to sacrifice your monetary security and privacy. On the other hand, a more expensive platform might provide you with a more secure and private way to trade Bitcoin. During this research process, it will be helpful for you to search for references and reviews from other users before making any Bitcoin purchases.
Canadian Bitcoin buyers should develop their knowledge and understanding of Bitcoin holdings and tradings. They should manage their digital portfolio properly in order to be successful with this kind of investment. Above all, never share your Bitcoin credentials with other people.
We have conducted extensive research and analysis on over multiple data points on Bitcoin Canada to present you with a comprehensive guide that can help you find the most suitable Bitcoin Canada. Below we shortlist what we think are the best Canadian Bitcoin Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Bitcoin Canada.
Selecting a reliable and reputable online Canadian Bitcoin Investment Platforms 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 Canadian Bitcoin Investment Platforms more confidently.
Selecting the right online Canadian Bitcoin Investment Platforms 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 Canadian Bitcoin Investment Platforms trading, it's essential to compare the different options available to you. Our Canadian Bitcoin Investment Platforms 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 Canadian Bitcoin Investment Platforms broker that best suits your needs and preferences for Canadian Bitcoin Investment Platforms. Our Canadian Bitcoin Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Canadian Bitcoin Investment Platforms.
Compare Canadian Bitcoin Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Canadian Bitcoin Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Canadian Bitcoin Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Canadian Bitcoin Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Canadian Bitcoin Investment Platforms that accept Canadian Bitcoin Investment Platforms clients.
Broker | IC Markets | eToro | XTB | Pepperstone | AvaTrade | EasyMarkets | SpreadEx | FXPro | Plus500 | Admiral | webull |
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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) | Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA) |
Min Deposit | 200 | 100 | No minimum deposit | 200 | 100 | 100 | 1 | 100 | 100 | 200 | 50 |
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Used By | 180,000+ | 30,000,000+ | 1,000,000+ | 400,000+ | 300,000+ | 142,500+ | 10,000+ | 1,866,000+ | 24,000,000+ | 10,000+ | 5,000+ |
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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 | Web Trader, Tablet & Mobile apps |
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Learn More |
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Up with icmarkets |
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Up with etoro |
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Up with xtb |
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Up with pepperstone |
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Up with avatrade |
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Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
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Up with plus500 |
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Up with admiralmarkets |
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Up with webull |
Risk Warning | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Your capital is at risk |
Demo |
IC Markets Demo |
eToro Demo |
XTB Demo |
Pepperstone Demo |
AvaTrade Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Plus500 Demo |
Admiral Markets Demo |
Webull Demo |
Excluded Countries | US, IR, CA, NZ, JP | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR | MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO | US, CA, JP, SG, MY, JM, IR, TR | UK, AU, SA, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX |
You can compare Canadian Bitcoin Investment Platforms 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 Canadian Bitcoin Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Canadian Bitcoin Investment Platforms 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.