We found 11 online brokers that are appropriate for Trading Monero Investment Platforms.
Bitcoin is credited as the first cryptocurrency in the world. Similarly, Monero is credited as one of the first privacy crypto coins. It is pioneered with multiple technologies to smoothly fulfill a critical task. It has gained popularity lately as privacy is important in today's lifestyle. In this article titled Monero Risks, we will take a brief look at the coin and the technologoies used to minimize risks.
The trading symbol of Monero is XMR. It is one of the perfect answers to the lack of privacy of Bitcoin. For several years it was believed the transactions made on the Bitcoin platform were anonymous. Lately, the view has been changed. It is found there are various tools and services available to help unmask the individual behind a transaction.
The approach of Monero is slightly different. Privacy is the main component here and this is the reason it stands as one of the best crypto coins to maintain privacy.
Advanced cryptographic functions are used in Monero and this protects anyone linking with the transactions. The data sent and received over its blockchain is not revealed to onlookers.
The developers have managed to maintain privacy by integrating the advanced fungibility protocols. The simple definition of fungibility is the ability of interchanging goods or assets with the same type of goods or assets.
Commodities like gold, wheat or oil are fungible. If an individual owns 500 gallons of oil, he would not get back 500 gallons. He would rather get the same amount of oil as the value is exactly the same. Cash is fungible and this is the reason it is not easy to trace cash transactions.
Monero has its first footprint in 2012 when the privacy coin concept just struck the market and people started realizing that privacy is equal to liberty in a digital economy. The journey of Monera was then named Bytecoin.
Bytecoin turned revolutionary then for several reasons and the primary one was that it used CryptoNote technology. Several keys were clubbed in a single transaction to make determining almost impossible about who had transacted and where the coin was transacted.
The concept was a success then but other aspects didn't go well. The developers were not on the same line with respect to the initial distribution of Bytecoin. Later, 80 percent of the coins were issued during the launching and it led to the split of the camp. Another group emerged with Bitmonero, another privacy coin. In fact, the split was into seven high-level developers and only two are known.
It is a permissionless blockchain. It remains private even though being open-source. The software is updated half-yearly to introduce cryptographic advances. Below are some of the technologies to take note of:
It is a revolutionary advancement and combines the sender's digital signature with others to add ten signatures to each transaction group. This further leads to a mixture of all the signatures before entering the blockchain.
One address is published by the protocol and this creates several one-time accounts automatically in each transaction. The wallet of the user references a password to identify the relevant transaction in the blockchain.
It is an abbreviation of Ring Confidential Transactions. It is a coding to hide the amount transacted. Multiple inputs and outputs are introduced to a transaction to hide the amount. When the Ring Signatures and Stealth Addresses are combined with RingCT, it becomes impossible to trace the Monero transactions.
Unlimited scalability is another key to privacy. It is the ability of the currency to handle more future users, unlike Bitcoin that witnessed such issues in the past and caused delays in transactions.
This is a revolutionary approach to crypto miners. The coin can be mined using CPUs and GPUs. It prevents centralization in mining. This means it has more potentiality of decentralization than Bitcoin. Bitcoin used ASIC or Application Specific Integrated Circuits to mine.
A combination of several keys is used to make the network function anonymously. It earlier had introduced a private view key, a public view key, and both private and public spend keys. The private view keys are used to verify funds received while the private spend keys allow in creating outgoing transactions. A public spend key is needed to verify the stealth public key and signature.
Monero is one of the first crypto coins credited to being private coins. It maintains the privacy of users who initiate transactions. It is almost impossible to know the individual behind a transaction by using any software or tool. The strong privacy feature has made the coin popular. It is one of the best alternatives to Bitcoin.
We've collected thousands of datapoints and written a guide to help you find the best Monero Risks for you. Our aim is that this information helps you choose a trustworthy, reputable and professional broker who can satisfy your trading needs online. We have compiled a list of what we consider the best Monero Investment Platforms below.
There are a number of important factors to consider when picking an online Monero 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.
We compare these features to make it easier for you to make a more informed choice.
Here are the top Monero Investment Platforms.
Compare Monero Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Monero Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Monero Investment Platforms that accept Monero Investment Platforms clients
Broker |
IC Markets
![]() |
eToro
![]() |
AvaTrade
![]() |
XTB
![]() |
Pepperstone
![]() |
Plus500
![]() |
EasyMarkets
![]() |
FXPro
![]() |
SpreadEx
![]() |
Admiral
![]() |
Trade.com
![]() |
Rating | |||||||||||
Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 200 | 100 | 100 | 100 | 1 | 200 | 1 |
Funding |
|
|
|
|
|
|
|
|
|
|
|
Used By | 180,000+ | 27,000,000+ | 300,000+ | 250,000+ | 89,000+ | 15,500+ | 142,500+ | 1,866,000+ | 10,000+ | 10,000+ | 10,000+ |
Benefits |
|
|
|
|
|
|
|
|
|
|
|
Accounts |
|
|
|
|
|
|
|
|
|
|
|
Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
Support |
|
|
|
|
|
|
|
|
|
|
|
Learn More |
Sign
Up with icmarkets |
Sign
Up with etoro |
Sign
Up with avatrade |
Sign
Up with xtb |
Sign
Up with pepperstone |
Sign
Up with plus500 |
Sign
Up with easymarkets |
Sign
Up with fxpro |
Sign
Up with spreadex |
Sign
Up with admiralmarkets |
Sign
Up with tradecom |
Risk Warning | Losses can exceed deposits | 78% of retail investor accounts lose money when trading CFDs with this provider. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 74-89 % of retail investor accounts lose money when trading CFDs | 74% 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 | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk |
Demo |
IC Markets Demo |
eToro Demo |
AvaTrade Demo |
XTB Demo |
Pepperstone Demo |
Plus500 Demo |
easyMarkets Demo |
FxPro Demo |
SpreadEx Demo |
Admiral Markets Demo |
Trade.com Demo |
Excluded Countries | 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 | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, | BE, BR, KP, NZ, TR, US, CA, SG | US, IN, PK, BD, NG , ID, BE, AU | AF, AS, AQ, AR, 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, UY, VU, VG, EH, YE, ZW | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | 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, CA, IR | US, TR | US, CA, JP, SG, MY, JM, IR, TR | 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 |
You can compare Monero 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 Monero Investment Platforms for 2022 article further below. You can see it now by clicking here
We have listed top Monero 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. 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.