We found 10 online brokers that are appropriate for Trading IOTA.
IOTA brokers help clients to make transactions on a secured network. Compared to other blockchain platforms the IOTA is said to be much more secure and there is no extra fee for the added security.
The ledger used with IOTA currency is called the Tangle that is based on a Directed Acyclic Graph (DAG) data structure.
In simple terms, IOTA can be defined as a unique distribution ledger that is designed for IoT, the Internet of Things.
It is a fee-free and innovative data transfer layer system that claims to comparatively offer greater operational efficiency and a new consensus reaching method.
The IOTA ledger is different from that of traditional blockchains including Bitcoin and Ethereum.
Here, transactions, even with the help of IOTA brokers, need two past transactions' approval in the form of a simple Proof of Work (PoW) process. This makes the transactions faster in mining technology.
One another reason for the IOTA network being more secured than other blockchain platforms is its no- fee feature. This encourages to transact any small amount that is usually called as nanopayments.
Internet connected devices are also able to transact nanopayments among themselves if in the loop of IoT.
MIOTA refers to the very low value tokens of IOTA digital tokens traded with the help of IOTA brokers on the IOTA system.
In late 2015 the complete stock of IOTA tokens was sold against Bitcoins for about $584,000. After this incident, the IOTA Foundation was created from donations of the IOTA user community.
The primary work of the IOTA Foundation is to research the development of IOTA.
It is always suggested to deal with only regulated IOTA brokers for all IOTA transactions.
Fraudulent activities are very common on the Web and traders are strongly advised to deal with only those IOTA brokers who charge no fee. There are several brokerage firms that ask for a start-up fee.
Traders should not get into the trap of scams that offer investments that promise huge returns overnight.
There are several fake cryptocurrency exchanges on the Web and also some similar cloud mining scams. Traders should be aware of these and remain away.
Social media messages, as well as phishing emails, are some of the main sources of fraudulent activities. It is urged not to click on any link provided in such a suspicious way.
It is a universal truth that currency trading is always at a risk. So, the IOTA value can either move up or down. It completely depends on a number of factors like changes in supply and demand.
IOTA and other cryptocurrencies are affected by government announcements.
The IOTA was launched in June 2017 and since then it has been seeing huge growth. In December 2017 the currency reached its highest price of $5.69. Data until 39 July 2019 reveals its market capitalization was $801,995,295.
There are several claims about IOTA either from individuals or from IOTA brokers as the currency and its platform is very new. IOTA is still in the infant stage and miles to go before the any major conclusions are understood by traders, investors and critics.
There have been news of IOTA scams and this is the reason it is suggested to always deal with well regulated IOTA brokers that are regulated by a major EU economy like the UK or Germany.
We've collected thousands of datapoints and written a guide to help you find the best Iota Brokers 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 IOTA brokers below. You can go straight to the broker list here.
There are a number of important factors to consider when picking an online IOTA 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.
We compare these features to make it easier for you to make a more informed choice.
Here are the top IOTA Brokers.
Compare IOTA Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are IOTA brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more IOTA brokers that accept IOTA clients
Broker |
eToro
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Plus500
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Pepperstone
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Markets.com
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AvaTrade
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Admiral
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ThinkMarkets
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ETX Capital
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Trade.com
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UFX
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Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | 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 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), 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 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Markets In Financial Instruments Directive (MiFID), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF Global Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF Global Markets (South Africa) (Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835) | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) |
Min Deposit | 200 | 100 | 200 | 250 | 250 | 200 | No minimum deposit | 100 | 1 | 500 |
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Used By | 17,000,000+ | 15,500+ | 10,000+ | 10,000+ | 200,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
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Platforms | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
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Learn More |
Sign
Up with etoro |
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Up with plus500 |
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Up with pepperstone |
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Up with marketscom |
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Up with avatrade |
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Up with admiralmarkets |
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Up with thinkmarkets |
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Up with etxcapital |
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Up with tradecom |
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Up with ufx |
Risk Warning | 71% of retail investor accounts lose money when trading CFDs with this provider. | 76.4% 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. | 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 | 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. | 79% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Your capital is at risk |
Demo |
eToro Demo |
Plus500 Demo |
Pepperstone Demo |
Markets.com Demo |
AvaTrade Demo |
Admiral Markets Demo |
ThinkMarkets Demo |
ETX Capital Demo |
Trade.com Demo |
UFX Demo |
Excluded Countries | 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, | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | BR, KR, IR, IQ, SY, JP, US | RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR | BE, BR, KP, NZ, TR, US, CA, SG | US, CA, JP, SG, MY, JM, IR, TR | AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW | US, BE, CA , SG, BE | 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 | DZ, BZ, IL, JO, LY, MU, SD, SY, TN, US, YE, PK, BE |
You can compare IOTA 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 IOTA Brokers for 2021 article further below. You can see it now by clicking here
We have listed top IOTA brokers below.