Cryptocurrency Finance for 2021

We found 11 online brokers that are appropriate for Trading Cryptocurrency Investment Platforms.

Cryptocurrency Finance Guide

Updated October 23, 2021

What Is Cryptocurrency

Cryptocurrencies are digital virtual currency that are designed to be a medium of exchange. It is a lot similar to real physical currency except for the fact that it does not exist physically, and it uses cryptography to function.

Since cryptocurrencies work differently and in a non-conventionally, without the need of a financial institution or a central authority, i.e., new units can only be added after some established conditions are met. For instance, using Bitcoin, only after one block has been added to the blockchain will the prospector be granted bitcoins. This is the only way for bitcoins to be generated. The limit for bitcoins is 21 million, and following that, no more bitcoins will be produced.

Cryptocurrency A Brief History

Before money was actualized, during the caveman era, people would use the barter system where services and goods were exchanged between two or more people. For example, some would exchange six mangoes for six peaches. The barter system became defunct because of the flaws it had.

It was important for the requirements of the barterers to be similar, if not the same. If someone had something they wanted to trade, someone else was required to want it, and vice versa. The value of the items or services being exchanged had to be the same in both parties’ eyes.

There was no common measurement of value. One person had to decide how many of their items they were ready to trade for other items, and all items could not be divided. For example, living animals could not be divided into smaller units.

It was a difficult task to transport goods, contrary the currency being used today which can easily fit into a wallet or stored in a phone.

After it was realized that the barter system did not work perfectly, the currency changed many forms, going through a few recapitulations.

An official currency was established around 1000 B.C. In 1250 A.D., gilded florins were established and used all across Europe. From 1600 to 1900 A.D., currency in the form of paper obtained widespread popularity and started being used all around the world. This is how the modern currency used today came into being. /p>

Today, the modern currency used incudes, coins, paper currency, e-wallets, and money cards, e.g., Amazon Pay, PayPal, Apple Pay, and more. The entirety of it is administered by governments and banks, that means that there is a regulatory authority limiting how money cards and paper currency function. In 1983, a cryptographic system known as eCash was developed by cryptographer David Chaum. 12 years after that, Chaum developed another system called Digicash, using cryptography to make monetary transactions confidential. In 1998, however, the term “cryptocurrency” was conceived.

As of the year 2018, more than 1600 cryptocurrencies exist, the most widely known ones being Bitcoin, Dogecoin, Ethereum, and Litecoin. New cryptocurrencies still pop up daily. Taking into consideration the extensive growth cryptocurrencies are experiencing, there is a likely chance there are countless more to come.

Cryptocurrencies are the latest form of assets brought into the investment scene. Despite it being established as a decentralized replacement to the traditional financial system, crypto has evolved enough to gain significant value.

Over time, many cryptocurrencies similar in nature to Bitcoin emerged in the cryptocurrency market, although all of the currencies do not carry high utility value, a majority of them have turned into examples of improvement of the one of the pioneers Bitcoin itself.

The Difference Between Traditional Currencies and Cryptocurrencies

The main difference between cryptocurrencies and traditional currencies is that cryptocurrencies are a decentralized as well as an international digital currency. It can be said that it is completely outside the administration of banks and not supported by a central government. Cryptocurrency is resistant to government control and intervention unlike traditional currencies.

Aside from that, there is no such difference whatsoever. Both cryptocurrency and traditional currency are considered currency or money. Both are fundamentally mediums of exchange used to transfer as well as store value. Both can be used to purchase services and goods, and both have their value based on their demand, supply, scarcity, work, as well as other economic aspects. However, the reason why cryptocurrency is gaining so much popularity is because of the convenience it provides.

Taking an example of a person returning money to their friend. They plan to send the money online to their friend’s account, but several things could go wrong:

  1. The transfer limits of the person or their friend’s being exceeded.
  2. The person’s bank having a technical issue, i.e., its machine’s not working properly, systems down.
  3. Rarer but still possible; the person’s or their friend’s account being hacked, i.e., identity theft or a denial-of-service attack.

Because of these reasons, the cryptocurrency represents future of currency better. In a similar transaction between two individuals using a cryptocurrency application e.g., bitcoin app. A notification shows up asking the sender where they are ready to transfer bitcoins. If they choose yes, processing starts to take place. The system within the app verifies the user’s identity and checks whether the sender has enough balance to go through with that transaction. After that, the funds get transferred and end up in the receiver’s account. This process only takes minutes.

With that, cryptocurrency eliminates all the problems associated with modern banking. There are no existent limits to the money the user can transfer, there are less chances of failure, and accounts cannot be victims to hacking..

The Advantages Of Using Cryptocurrency

Having surfaced as a digital replacement to traditional methods of fund exchange, cryptocurrencies have also opened doors to alternative viewpoints. Following are the positive aspect of cryptocurrency:

Asset Transferring

The cryptocurrency blockchain has been likened to a large-scale proprietary rights database that can, on a certain level, be utilized to implement and enforce bipartisan contracts on goods such as real estate or automobiles. However, the blockchain cryptocurrency system may be used to enable specialist methods of transfer as well.

For instance, cryptocurrency agreements can be intended to add third-party approvals, refer to external facts, or be concluded at an established date or time. Also, since the cryptocurrency holder owns exclusive governance of their account, this diminishes the time and expenditure associated with transferring assets.

Easy Transactions

When carrying out traditional business deals, agents, brokers, and legal representatives can be responsible for adding substantial complications to what might otherwise seem like a simple, forthright transaction. This includes things like commissions, brokerage charges, paperwork and other conditions contributing to the complications.

One of the most notable advantages of using cryptocurrencies is that they are restricted to the only two people, the sender, and the receiver, i.e., no middleman. These occur on a peer-to-peer network structure, removing the intermediary, making it a standard practice. This results in greater clarity in terms of setting up audit trials, greater responsibility, and less uncertainty regarding who should be paying what to whom. This determines that both the parties involved in a particular transaction each are aware of who they are.

More Confidentiality In Transactions

Under traditional currencies, i.e., under cash or credit systems, a person’s complete transaction history may turn into a reference document for any bank or other financial institution involved, each time someone makes a transaction. At the most fundamental level, this might include a check on the account owner’s account balances to guarantee that adequate funds are available. For more complicated or business-related transactions, an increasingly detailed examination of the account holder’s history may be needed.

Yet another great advantage of cryptocurrency is that each transaction a person makes is solely an exchange amongst two parties, whose terms may be negotiated and confirmed in each case. Furthermore, the trade of information is carried out on a “push” basis. This is where the sender can transmit exactly what they want to send to the receiver, with no other information needed.

This protects the privacy of the cryptocurrency holder’s financial history and guards them from instances such as identity theft or threat of account. Such threats are more imminent under more traditional systems where the individual’s account might be exposed at any given moment during the transaction sequence.

Low Transaction Charges

Monthly account statements often come with fees that are imposed for transferring funds, writing checks, and more. Transaction fees can do a significant number on an account holder’s assets, especially if they happen to be carrying out a significant number of transactions during a certain month.

Because the data miners (separate and remote data processing systems) that carry out the number crunching, generating Bitcoin as well as other cryptocurrencies get their reimbursements from the crypto network involved, users are not hit with outrageous transaction charges.

Users may face some external charges, however, if they employ the services of a third-party management service to retain their crypto wallet. But yet another one of the benefits of using cryptocurrency is that the transaction charges are still minimal compared to traditional currency systems.

Enhanced Access To Credit

Virtual data transfer along with the internet are the media enabling the exchange in cryptocurrencies. Because of that, all these crypto services are available to anyone having a strong data connection, adequate information regarding the crypto networks on offer, and full access to their related portals and sites.

It is estimated that there are around 2.2 billion people around the world with access to smartphones and the internet in general, but do not have access to traditional banking means. The crypto ecosystem has the capability to make asset transfer along with transaction processing available to this particular population, granted once the needed digital and regulatory foundation is set up.

Simpler Global Trade

Though currently not yet largely recognized as a legal currency on national levels, cryptocurrencies do not have to comply with interest rates, exchange rates, transaction fees, or other restrictions imposed by specific countries.

By using the peer-to-peer network structure of the blockchain technology, across-the-border transactions and transfers may be carried out without any complications occurring over currency exchange fluctuations and more.

Sole Ownership

In traditional banking or money card systems, the account owner has to turn the management of their funds over to a third party that exercises power over their assets. They have the power to close accounts without further notice with reasons such as Infringements of a financial corporation’s terms and conditions, prompting the account holder to bend over backwards to gain entry back into the system.

Likely one of the best of all benefits of cryptocurrency is that unless the user has appointed the administration of their wallet over to any third-party service, they are the only owners of the encryption keys (private and public), i.e., ones that constitute their crypto network identification or address.

Solid Security Features

Once a cryptocurrency transfer gets authorized, it cannot be repealed, such as in the case of the chargeback transactions permitted by credit card institutions. This is a security measure to counter fraud; it necessitates a specific arrangement to be made between a seller and a buyer with regards to refunds if in any case a mistake occurs or other events, i.e., returns policy.

Ultimately, the solid encryption procedures utilized throughout the distributed blockchain as well as crypto transaction processes are a safety precaution to counter account tampering, fraud, and patrons of consumer privacy.

Adaptability Features

As of now, there are an upwards of 1200 singular cryptocurrencies in function worldwide. Many of them are quite short-lived, but a large portion of them have been produced for specific uses that display the versatility of the crypto phenomenon.

For instance, there are altcoins known as “privacy coins”. They are designed to disguise the identity of the user on the blockchain, as well as supply chain tokens to enable supply chain procedures of various kinds of industries.

We've collected thousands of datapoints and written a guide to help you find the best Cryptocurrency Finance 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 Cryptocurrency Investment Platforms below.

Reputable Cryptocurrency Finance Checklist

There are a number of important factors to consider when picking an online Cryptocurrency Investment Platforms trading brokerage.

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 Cryptocurrency Investment Platforms.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Cryptocurrency Investment Platforms of 2021 compared

Here are the top Cryptocurrency Investment Platforms.

Compare Cryptocurrency Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are Cryptocurrency Investment Platforms. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Cryptocurrency Investment Platforms that accept Cryptocurrency Investment Platforms clients

Broker eToro XTB IC Markets AvaTrade Pepperstone FP Markets EasyMarkets Trading212 SpreadEx Admiral HY Markets
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) 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 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 Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048
Min Deposit 50 No minimum deposit 200 250 200 100 100 1 1 200 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 20,000,000+ 250,000+ 180,000+ 200,000+ 89,000+ 10,000+ 142,500+ 15,000,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Demo account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps 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 MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
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xtb
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icmarkets
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avatrade
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pepperstone
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fpmarkets
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easymarkets
Sign Up with
trading212
Sign Up with
spreadex
Sign Up with
admiralmarkets
Sign Up with
hycm
Risk Warning 67% 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. 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 Losses can exceed deposits Your capital is at risk 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. Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits
Demo eToro
Demo
XTB
Demo
IC Markets
Demo
AvaTrade
Demo
Pepperstone
Demo
FP Markets
Demo
easyMarkets
Demo
Trading 212
Demo
SpreadEx
Demo
Admiral Markets
Demo
HYCM
Demo
Excluded Countries ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, 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, 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 US, JP, NZ US US, CA US, TR US, CA, JP, SG, MY, JM, IR, TR US

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 Cryptocurrency Investment Platforms in more detail

You can compare Cryptocurrency 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 Cryptocurrency Investment Platforms for 2021 article further below. You can see it now by clicking here

We have listed top Cryptocurrency Investment Platforms below.

Cryptocurrency Finance List

eToro
(4/5)
Min deposit : 50
Visit eToro Try a Demo Read review

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.

eToro was established in 2007 and is used by over 20000000+ traders. 67% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated 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), 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
IC Markets
(4/5)
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 Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
AvaTrade
(4/5)
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 Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated 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
(4/5)
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 Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated 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
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
EasyMarkets
(4/5)
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 Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 15000000+ traders. 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. Trading 212 offers Stocks, Forex, Commodities, Indices.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
SpreadEx
(4/5)
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 Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
Admiral
(3/5)
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 Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
HY Markets
(3/5)
Min deposit : 100
HYCM was established in 1977 and is used by over 10000+ traders. Losses can exceed deposits HYCM offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Tablet & Mobile apps

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