Crypto Trading Bots Guide
Updated August 03, 2021
Introduction To Cypto Trading Bots
Crypto trading bots are software programs that help in automating the strategy of trading to make maximum use of the exchange market of cryptocurrency. These bots can operate any trading actions at anytime. Due to the extra possibilities brought on by crypto trading bots, more and more cryptocurrency traders are making use of them.
Structure of a Crypto Trading Bot
All trading bots usually have the following characteristics in common:
- Backtesting - Before you can make any trades using your trading bots, you must first make sure that you backtest it against historical market data. You can achieve this by taking into consideration trading fees, latency, and slippage. You can gain access to high-quality market data by accessing exchange APIs, and libraries such as CCXT— which allows access to the interfaces of several exchanges.
- Strategy Implementation - Determining the trading strategy you will follow after backtesting is important. During this stage, you choose the specific calculations and logic that will aid your trading bot in determining what and when to trade. After which you backtest it again to check it's performance.
- Execution - After backtesting your strategy, the next step is to execute it. Some bots permit you to simulate your strategy in real-time using virtual money.
- Job Scheduler - After you have hardcoded the strategies and tested them, the next step is to automate the whole process. This implies that you need to set up a job Scheduler to carry out your trading strategies automatically.
Strategies Of Crypto Trading Bots
Automated crypto trading bots are structured to permit a wide variety of trading strategies— from the simple trend-following strategy, to more complex strategies that evaluate several data points. These strategies include:
- Market Making - The market making strategy is based on frequently selling and buying crypto assets to determine the spread between selling and buying prices as the price changes.
- Trend Following - This strategy aims to identify the directional movement of an asset and gain from its momentum. It will move upward when the asset is trending, or downwards when the asset is not trending.
- Copy Trading - This is a growing trend that permits users to copy another investor's trades. Copy-trading mostly involves gamification and social community components like a leaderboard. The rise in the establishment of non-custodial platforms like 'Tokensets' and 'DeFi' implies that it is possible to make use of algorithmic trading strategies without giving over control of your private keys or copying others' trades.
- Arbitrage - Arbitrage trading deals with the exploitation of the differences in the price of an asset between different exchanges and markets. As a newly emerging and developing market, the spread between various crypto exchanges can differ, though this difference has been decreasing as the market develops.
Advantages of Using Trading Bots
- Trading Bots help to place orders instantaneously, which makes them faster and more effective than humans.
- It is not possible to be on your computer to monitor your investments every minute or hour, since you need sleep and other obligations are bound to show up. But while you rest or attend to other tasks, the cryptocurrency market moves on. Unlike humans, trading bots operate 24/7 without resting, thereby allowing you to never miss an opportunity.
- Trading bots help to analyze market conditions in multiple cryptocurrencies at the same time, and carry out trade whenever there is an opportunity for making a profit. Humans, on the other hand, are not good at multitasking. The ability of trading bots to carry out multiple tasks simultaneously makes them more efficient than humans.
- Massive price fluctuations and market manipulations do not affect the efficiency of trading bots, as they do not have human emotions, and are not attracted to money.
Disadvantages of Using Trading Bots
- Crypto trading bots do not function properly during high volatility periods. Because they do not have emotions and are not attached to their money, they could end up trading continuous losses, which would result in a huge overall loss.
- Trading bots can improve your trading, but you need to have some previous knowledge of what is happening behind the scenes. Even though some bots come with excellent preset trading configurations, they don't often yield maximum returns.
- Crypto bots carry out trades via integration with APIs, also known as 'Application Programming Interfaces'. This implies that the two machines operate together without manual intervention. The centralized nature of trading bots and exchanges have some risks. Normally, hackers avoid blockchain systems because of their tight and impenetrable security. They choose systems with central servers, such as exchanges and bots. Machines that operate without manual intervention are easier to hack.
We've collected thousands of datapoints and written a guide to help you find the best Crypto Trading Bots for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best crypto trading bots below.
Reputable Crypto Trading Bots Checklist
There are a number of important factors to consider when picking an online Crypto Trading Bots trading brokerage.
- Check your Crypto Trading Bots broker has a history of at least 2 years.
- Check your Crypto Trading Bots broker has a reasonable sized customer support of at least 15.
- Does the Crypto Trading Bots 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 Crypto Trading Bots broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Crypto Trading Bots broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Crypto Trading Bots 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 Crypto Trading Bots.
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 Crypto Trading Bots.
- 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 Crypto Trading Bots of 2021 compared
Here are the top Crypto Trading Bots.
Compare Crypto Trading Bots min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are crypto trading bots. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more crypto trading bots that accept crypto trading bots clients
| Broker |
XTB
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IC Markets
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AvaTrade
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Pepperstone
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Plus500
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EasyMarkets
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SpreadEx
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Markets.com
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Admiral
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FXPro
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Trade.com
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| Rating | |||||||||||
| Regulation | 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) | 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), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | 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 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) | 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) |
| Min Deposit | No minimum deposit | 200 | 250 | 200 | 100 | 100 | 1 | 250 | 200 | 100 | 1 |
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| Used By | 250,000+ | 180,000+ | 200,000+ | 89,000+ | 15,500+ | 142,500+ | 10,000+ | 10,000+ | 10,000+ | 1,866,000+ | 10,000+ |
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| Platforms | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | 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, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
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Up with xtb |
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Up with avatrade |
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Up with pepperstone |
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Up with plus500 |
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Up with easymarkets |
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Up with spreadex |
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Up with marketscom |
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Up with fxpro |
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| Risk Warning | 77% 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. | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | 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 | 72% 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 | 84% 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 | 79.83% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Your capital is at risk |
| Demo |
XTB Demo |
IC Markets Demo |
AvaTrade Demo |
Pepperstone Demo |
Plus500 Demo |
easyMarkets Demo |
SpreadEx Demo |
Markets.com Demo |
Admiral Markets Demo |
FxPro Demo |
Trade.com Demo |
| Excluded Countries | US, IN, PK, BD, NG , ID, BE, AU | 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 | 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 | AU, RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR | US, CA, JP, SG, MY, JM, IR, TR | US, CA, IR | AU, BE, CA, CN, Crimea region, CY, CU, of CG, ER, HK, GW, IQ, IR, JP, IL, LY, NZ, CY, KR, PR, SG, SO, SD, SYn Arab, TR, US, VI, US |
All Crypto trading bots in more detail
You can compare Crypto Trading Bots ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Crypto Trading Bots for 2021 article further below. You can see it now by clicking here
We have listed top Crypto trading bots below.
Crypto Trading Bots Table of Contents
- Crypto Trading Bots Explained
- 6 Factors to Consider when Choosing Crypto Trading Bots
- Are Your Crypto Trading Bots Trusted And Established?
- Are The Crypto Trading Bots World Leading?
- What are the Crypto Trading Bots Commissions and Fees?
- What are the Crypto Trading Bots Funding and Withdrawl Methods?
- Find Crypto Trading Bots with Round-the-clock support?
- Make sure the Crypto Trading Bots Offer Comprehensive Trader resources?
- Why Crypto Trading Bots needs to be regulated?
- Crypto Trading Bots FAQ
- What are the best Crypto trading bots brokers?
- What is the best Crypto trading bot broker?
- Related Crypto Trading Bots Reviews
- Related Crypto Trading Bots Alternatives
- Related Crypto Trading Bots Comparisons
Crypto Trading Bots Explained
Trading the financial markets with Crypto Trading Bots 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 Crypto Trading Bots is the platform that a Crypto Trading Bots offer.
Choose Crypto Trading Bots that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Crypto Trading Bots that you can rely on.
6 Factors to Consider when Choosing Crypto Trading Bots
Follow these five rules for selecting a broker that's right for you:
Are Your Crypto Trading Bots 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 Crypto Trading Bots broker is XTB. Established in 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by 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) 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), 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) regulatory bodies.
| Broker |
XTB
|
IC Markets
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AvaTrade
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Pepperstone
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Plus500
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EasyMarkets
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| Year Established | 2002 | 2007 | 2006 | 2010 | 2008 | 2001 |
| Head Office | Poland | Australia | The British Virgin Islands | Australia | Israel | Cyprus, Australia |
| Regulation | 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) | 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), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | 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 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) |
| Used By | 250,000+ | 180,000+ | 200,000+ | 89,000+ | 15,500+ | 142,500+ |
| Negative balance protection | Yes | Yes | No | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | Yes |
| Learn More | Visit XTB | Visit IC Markets | Visit AvaTrade | Visit Pepperstone | Visit Plus500 | Visit easyMarkets |
| Risk Warning | 77% 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. | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | 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 | 72% 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 |
Are The Crypto Trading Bots World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. XTB Segregates clients funds and offers over 4000 instruments. XTB offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the XTB platform enables access to a variety of financial markets worldwide. XTB 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 Crypto Trading Bots is IC Markets . IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
XTB
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IC Markets
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AvaTrade
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Pepperstone
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Plus500
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EasyMarkets
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| Instruments Available | 4000 | 232 | 1000 | 100 | 2500 | 200 |
| Platforms | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
| Excluded Countries | 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 | US | BE, BR, KP, NZ, TR, US, CA, SG | 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 |
| Forex pairs offered | 57 | 65 | 80 | 70 | 100 | 150 |
| Forex pairs offered | 57 | 65 | 80 | 70 | 100 | 150 |
| 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 | 21 | 19 | 16 | 16 | 17 | 12 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | No | Yes | Yes |
| Stocks Offered | 1696 | 110 | 99 | 60 | 1816 | 52 |
| UK Shares | Yes | Yes | Yes | No | Yes | Yes |
| US Shares | Yes | Yes | Yes | No | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | No | Yes | Yes |
What are the Crypto Trading Bots Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Crypto Trading Bots broker XTB offers competitive offers for Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0.
Another top rated Crypto Trading Bots 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 |
XTB
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IC Markets
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AvaTrade
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Pepperstone
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Plus500
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EasyMarkets
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| Min Deposit | 0 | 200 | 250 | 200 | 100 | 100 |
| Withdrawl Fees | varies | No | No | No | No | No |
| Inactivity Fees | Yes | No | No | Yes | Yes | No |
| Deposit Fees | No | Varies | No | No | No | No |
| CFD Commission Fees | Yes | Yes | No | Yes | No | No |
What are the Crypto Trading Bots Funding and Withdrawal Methods?
When dealing with Crypto Trading Bots having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
XTB
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IC Markets
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AvaTrade
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Pepperstone
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Plus500
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EasyMarkets
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | Yes | No |
| Skrill | Yes | Yes | No | Yes | Yes | Yes |
| Payoneer | Yes | No | Yes | Yes | No | No |
| Neteller | Yes | Yes | Yes | Yes | No | Yes |
Find Crypto Trading Bots with Round-the-clock support?
Customer service is very important when dealing with Crypto Trading Bots.
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.
Crypto Trading Bots customer support can include Phone answering services, Live chat support and Email customer service support.
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
XTB and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
XTB
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IC Markets
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AvaTrade
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Pepperstone
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Plus500
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EasyMarkets
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| Support |
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| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Italian, German, French, Greek, and Hebrew | 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 | English, German, Arabic, Chinese, Spanish and Polish |
| Learn More | Visit XTB | Visit IC Markets | Visit AvaTrade | Visit Pepperstone | Visit Plus500 | Visit easyMarkets |
| Risk Warning | 77% 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. | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | 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 | 72% 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 |
Make sure the Crypto Trading Bots 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, XTB 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 Crypto Trading Bots needs to be regulated?
A regulated Crypto Trading Bots broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Crypto Trading Bots 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.
Crypto Trading Bots List
XTB
Min deposit : 0
XTB was established in 2002 and is used
by over 250000+ traders. 77% 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. XTB offers Forex, CFDs, Cryptocurrency.
Cryptocurrency availability with XTB is subject to regulation.
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 accountRegulated by 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)
IC Markets
Min deposit : 200
IC Markets was established in 2007 and is used
by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies.
Cryptocurrency availability with IC Markets is subject to regulation.
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 accountRegulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
AvaTrade
Min deposit : 250
AvaTrade was established in 2006 and is used
by over 200000+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP accountRegulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)
Pepperstone
Min deposit : 200
Pepperstone was established in 2010 and is used
by over 89000+ traders. 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 Pepperstone offers Forex, CFDs, Social Trading.
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 accountRegulated by 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
Plus500
Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads
Min deposit : 100
Plus500 was established in 2008 and is used
by over 15500+ traders. 72% 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. Plus500 offers CFDs.
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 accountRegulated by 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
EasyMarkets
Min deposit : 100
easyMarkets was established in 2001 and is used
by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto.
Cryptocurrency availability with easyMarkets is subject to regulation.
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 accountRegulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
SpreadEx
Min deposit : 1
SpreadEx was established in 1999 and is used
by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.
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 accountRegulated by Financial Conduct Authority (FCA)
Markets.com
Min deposit : 250
Markets.com was established in 2008 and is used
by over 10000+ traders. 84% 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. Markets.com offers Forex, CFDs and Spread Bets. Spread Bets are only available to UK customers.
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP accountRegulated by Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
Admiral
Min deposit : 200
Admiral Markets was established in 2001 and is used
by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.
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 accountRegulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
FXPro
Min deposit : 100
FxPro was established in 2006 and is used
by over 1866000+ traders. 79.83% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.
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 accountRegulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
Trade.com
Min deposit : 1
Trade.com was established in 2009 and is used
by over 10000+ traders. Your capital is at risk Trade.com offers Forex.
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 accountRegulated by Cyprus Securities and Exchange Commission (CySEC)
