Crypto brokers are the essential intermediaries that will do all the investment business for you. The execute orders via complex trading algorithms which makes them extremely important for all crypto investors out there. That’s why in this article we will show you some of the most popular crypto brokers worldwide.
However, keep in mind that buying any cryptocurrency via a website is probably the easiest option to get them today. But for people living in certain countries, this can be an issue. Many websites in don’t usually accept registrations within these countries so it can be tricky for people living there, but we will try to show you a list of brokers that will make it easier for you to purchase the wanted cryptocurrency without troubles.
BitMEX
BitMEX.com is a broker based in Hong Kong China. Users from the US were able to easily create an account without any ID. This is great for anonymous trading. This website only accepts Bitcoin payments with a max deposit of 0.0001 XBT. When you are about to make a withdrawal, the website charges you a 0.0064 XBT per transaction.
The entire transacting process can take up to 20-24 hours. For new traders, the site offers guides that help you get the maximum advantage when trading. But here is something really important; if you are from the US you will need to use a VPN in order to change your IP in order to use this website.
1Fox
1Fox.com is a branch from the company 1Pool Ltd. This website is open from 2017 in December and started paper trading the following month. Right after their launch, they started offering BTC services with leverage. Fiat currencies are not supported. The website is really simple and easy to use and the site only charges 0.04$ for taker fees.
This was a great solution for all the US traders because they don’t have the issues with buying bitcoin anymore. You need to create an account and log in to make a deposit. You will be given a BTC address. Fiat currencies are not supported. The website is really simple and easy to use and the site only charges 0.04$ for taker fees.
eToro
eToro will provide you with all the possible risk management tools in order to protect your assets. They will make sure that you make instant trade executions and prevent you from worrying about your deposits or withdrawals.
The network now has more than 5 million users in over 170 countries and the clients have access to trade in currencies, indices, CFDs and commodities. The online platform attracts thousands of new accounts every day. As such, it is one of the world’s premier social investment networks.
As of recently, eToro replaced its two popular WebTrader and OpenBook trading platforms into an all-in-one platform that gives access to traders to all of the services across a range of devices.
AvaTrade
Founded back in 2006, AvaTrade originally started as AvaFX before rebranding to its current name and making a massive expansion on the market. The company has offices in 11 countries around the world and also provides multiple platforms for web, mobile devices, and desktop.
What is cool about AvaTrade is the possibility to have third-party trading platforms for mobile such as the AvaTradeAct mobile app and also the popular MetaTrader 4 which is also a great mobile app to use.
FxOpen
FXOpen is founded in 2013 as a financial trading education center in Egypt – expanding its operations from a full-service brokerage firm. The firm also became the first broker to offer its clients the benefits of ECN trading through the MetaTrader 4 trading platform. FXOpen set the pace in the online forex trading industry for its continuous market innovation.
Today, it is one of the leading online brokers in the world with a large following. It makes access to the Forex market easier by lowering the trading requirements. As it continues to grow, its guiding principles ensure that the traders well being is the company’s primary concern.
Yorkbit
The prestigious UK-based trading platform named YorkBit has been the go-to destination for many crypto traders over the past year. If you are looking for a broker that offers a wide range of tradable assets and a seamless trading experience, you can definitely turn to YorkBit with traders registered worldwide, state-of-art technology and user-friendly platform.
Yorkbit is one of the most popular brokers for crypto users and gets a lot of positive feedback for its customer service.
City Index
City Index is one of the oldest and most established forex and CFD brokers in the world. It has grown to be one of the world leaders in spread betting and CFD trading as well. Established in the UK in 2983, City Index has been around for more than 30 years which is a timeframe that is one of the oldest in the industry.
City Index has been acquired by GAIN Capital Holdings Inc. which is a global leader in online trading, creating a retail business with more than 235,000 funded accounts, $1.2 billion in customer assets and $3.1 trillion in annual trading volume. Currently, the company has offices in London, Dubai, Sydney, New Jersey, Shanghai, Tokyo, Hong Kong, and Singapore with a staff of over 800 employees.
Crypto EU
CryptoEU is one of the leading offshore cryptocurrency brokers that launched in September 2017. As such, this broker is relatively new and owned by Columbia Capital Group LTD. Even though it’s new, CryptoEU is considered to be among the best brokers that provide a long list of tradable cryptocurrencies assets which are rare and available to every trader on the platform.
With CryptoEU, you can enjoy the safety and security of a regulated environment – and the team with 25+ years of brokerage experience will help you make most of the daily cryptocurrency trading. Only on CryptoEU, you can take advantage of nearly 85% of the existing cryptocurrencies in a world which means unlimited opportunities and endless potential earnings.
Trade24
Trade24 is a big enterprise with a presence in London and satellite offices in Paris and Zurich. As such, it is one of the most popular crypto brokers with offices in Larnaca, Cyprus and over 300,000 customers (according to their website).
Basically, Trade is a Forex and CFD broker that provides trading solutions to a global clientele – operated by LeadCapital Markets which is an investment company authorized and regulated by the Cyprus Securities and Exchange Commission.
XTB
Also known as X-Trade Brokers, XTB is an online broker that was founded in 2002 and is an online forex and CFD broker based in Europe. The company has offices in 13 European countries such as the UK, Poland, Germany, France, Turkey, Romania, and the Czech Republic.
XTB is a highly ranked broker among the competition which makes it one of the best for Eastern Europe – regulated by some of the world’s leading supervisory authorities and most popular among users.
Markets.com
Any trader can benefit from the flexibility of the Markets.com packed resource hub. This broker offers exclusive market analysis and news, live webinars and everything a trader needs to succeed and earn profits online. The company was founded in 2006 and assumed its present form and title in 2009, getting the regulatory approval for forex operations in 2008.
Markets.com is operated under the Safecap Investments Limited (SAFECAP) which is a regulated investment services firm authorized by the Cyprus Securities and Exchange Commission (CySEC) under license no. 092/08 and the Financial Services Board (FSB) in South Africa.
Trade360
Trade360 is an online broker that was founded in 2013 and is under the registered name of MPF Global Markets Ltd. The company is authorized and regulated as a broker by the Cyprus Securities Exchange Commission (CySEC) with a license number 202/13.
Thanks to its CySEC authorization, Trade360 adheres to many standards and is regulated by the European Union which enforces safe practice regulations and standards. However, Trade360 does not accept clients from the United States. The beginner’s support and trading support is what makes Trade360 one of the best brokers online. They are open 24/7 and offers support through email, live chat, and telephone lines.
Admiral Markets
Admiral Markets UK Ltd. is a leading broker which was founded in 2001 and is part of the Admiral Markets Group AS which is a group that comprises several other subsidiaries. Admiral Markets is based in the UK and regulated by the UK’s Financial Conduct Authority (FCA).
As an international forex and CFD broker, this firm provides online trading services to Forex currency pair traders from all over the world. On top of the wide selection of Forex currency pairs, there is CFD trading on commodities, market indices, precious metals, and cryptocurrencies.
BDSwiss
BDSwiss is another widely recognized broker that is popular in the European market but also many other locations. The platform has a lot of modern crypto trading features and tools that can help you earn big on the rise of cryptocurrencies.
From binary options to trading and cryptocurrencies, BDSwiss is among the leading brokers that attracted a lot of people from around the globe. The company was established in 2003 and is registered in Limassol, Cyprus under the BDSwiss Holding PLC. As such, it is protected by the CySEC regulation under the Cyprus Securities and Exchange Commission.
DF Markets
DFMarkets is a forex broker that offers the MetaTrader 4 platform, MT Mobile and WebTrader global trading top platforms. It offers over 70 of the most traded currency pairs, CFDs, gold, silver, shares, indices, futures, and ETFs for personal investment and trading options.
There is an only single type of account that can be used for spread betting as well as CFD trading. The global account, therefore, provides access to multiple financial assets that include Forex, gold, silver, futures, indices, shares and other ETFs.
One can open an account with a minimum deposit of just $1 which makes DF Markets one of the best-suited brokers for micro amount traders. The broker only offers a maximum leverage of 1:200 which makes it difficult to open a trade using a small capital of $1.
Pepperstone
Pepperstone is a relatively new crypto trading platform that offers to trade in Bitcoin, Ethereum, Dash and Litecoin. However, the broker is not new to trading – in fact, it is the leading Australian Retail FX and CFDs broker that has been the go-to platform for many people interested in different types of trading. The entire new crypto trading experience on Pepperstone is available with leverage up to 20:1 across all of the company’s trading platforms.
When it comes to the actual trading, there are 11 platforms which offer smooth functionalities, a variety of features as well as quick access to any market of your choice, including the cryptocurrency market.
The minimum deposit is AU$200 and a lot of active special offers that can give you up to 100% in bonuses. You can deposit with credit or debit cards, PayPal, PoLi, UnionPay, bank wire transfers, Skrill, Neteller, Qiwi and broker to broker with no internal fees for deposits or withdrawals.
easyMarkets
If you are looking for a broker that offers a wide range of tradable assets and a seamless trading experience, you can definitely turn to easyMarkets as one of the most professional brokers out there with traders registered in 160+ countries.
There are three basic account types supported on easyMarkets, including the Standard account, the Premium one, and the VIP account. While the Standard one doesn’t require a minimum first deposit, the minimum deal size is 5k with a margin to risk that is $25. The Premium account is with a minimum deposit of $2,000 with a deal size of 50k and a margin to the risk of $250. Lastly, the VIP account requires a deposit of $2,500 and a minimum deal size of 100k, with a margin to a risk of $500.
The trading platform is split in many different ways. It includes a web trading interface, an iPhone platform, and the easyMarkets MT4. The web trading platform runs off any computer and is available in many languages.
One can make deposits via wire transfer or credit card. There are 12 currencies accepted, while the supported cryptocurrencies that you can trade on include Bitcoin, Ripple, and Ethereum.
Bittrex
Bittrex is one of the most popular and industry-leading cryptocurrency exchange brokers that is based in Seattle, USA. It easily is part of the world’s top 3 exchanges based on its trading volume and has been in operation since 2014 with current 24-hour trading volumes of nearly $300 million.
Because of this and many other reasons, Bittrex sees itself as a next-generation cryptocurrency trading platform and aims to deliver the fastest and most secure trading service available online.
All accounts must be verified in order to make withdrawals on Bittrex. The exchange recently stated their commitment to following all laws and regulations required by the US governmental bodies and upholds this requirement as part of the anti-money laundering (AML) and Know Your Customer (KYC) program. The basic account verification lets customers withdraw up to 3 BTC per day. The trading fees at Bittrex stand at 0.25% on all trades which makes it easy to calculate the fees on any trade.
Bitfinex
Bitfinex ranks as one of the best cryptocurrency exchanges in terms of daily trading volumes. It is also one of the most well-known cryptocurrency trading platforms nowadays catering to traders of all kinds, from beginners to intermediate and advanced traders, institutions etc.
What makes Bitfinex different from other cryptocurrency exchanges is the wide selection of coins, trading pairs as well as trading options. This gives Bitfinex the right to call itself the “the world’s most advanced platform for seasoned cryptocurrency traders from all around the world.”
Kraken
The San Francisco-based Kraken is one of the largest Bitcoin exchange brokers nowadays. It is also considered the largest Bitcoin exchange based on the EUR volume, liquidity as well as the trading of Canadian dollars, US dollars, British pounds, and Japanese yen.
For trading, the fee structure at Kraken is quite complex. Basically, the majority of trades which fall under 50,000 in volume incur a maker fee of 0.15% and a taker fee of 0.26%. These fees apply for every Bitcoin trade via fiat currencies.
For trading volumes that are greater than 50,000, the fees drop to 0.14% and 0.24% accordingly. The drop continues in relation to the volume – if the volume is greater than 10,000,000 the fees will be as low as 0% (makers) and 0.10% (takers).
IG.com
IG is a broker that was established in the UK in 1974 which makes it one of the biggest CFD providers in the world. Currently, it is popular in the online world and regulated by 7 different financial authorities. The parent company of IG.com, IG Group, is also listed on the London Stock Exchange but doesn’t have a banking background.
The trading fees are high on IG, especially if you are interested in trading with lower amounts. Also, the limited product portfolio offers only CFD trading and does not provide negative balance protection which is an important security feature when trading with leveraged products.
UFX
UFX is one of the leading international online forex and CFD brokers established back in 2007. The broker operates with an STP (Straight-Through-Processing) business model and is MiFiD compliant and regulated by several bodies.
On top of this, UFX offers traders a wide selection of assets to trade with and always aims to provide its traders with the highest level of quality services. There are numerous awards of excellence behind the brand which makes clients confident that they found the right broker for their trading objectives.
As we already mentioned, this broker is regulated by many bodies, one of which is the Cyprus Securities and Exchange Commission (CySEC) where the company is based. Over time, UFX has ensured that its clients can trade the financial markets with reliable and stable trading platforms.
The customer support is also outstanding – covering up to 23 different countries making it unparalleled in the list of CFD and crypto brokers.
CMSTrader
CMStrader is a leading investment advisor and online CFD broker which is owned and managed by a Dominican registered holding company called Safe Side Trading Ltd. The broker was established in 2013 and is currently registered with the New Zealand Financial Service Provider (FSP).
CMStrader now operates from 4 different countries including Bahrain, New Zealand, Australia, and the Dominican Republic. What sets it apart from the competition are the customized wealth management features and the decades of experience in the market.
The only disadvantages of CMSTrader are the fact that this broker is only regulated in New Zealand and that there is a lack of information available on the trading conditions. The minimum deposits are also higher and there is no support for Asian languages.
All in all, CMSTrader is a great broker because of the 24/7 multilingual customer support, a variety of trading account types as well as the comfort of having your own CMSTrader Prepaid MasterCard. There is social trading supported and a wide range of assets.
Thanks to this, CMSTrader has managed to stay ahead of most brokers.
Markets.com
Markets is an internationally recognized provider of cryptocurrency trading with a lot of trading platforms. The platform is known to the market because of its amazing interface and the variety of trading options that include Forex trading and other alternatives.
One of the things that make Markets.com special is the competitive trading with no commissions. The high-speed execution of trades, tight spreads as well as investments start at $100. There are also two types of accounts (real and demo) with a minimum deposit of $100 for the real one.
When it comes to the actual platforms, you can choose from the MetaTrader, the Markets Mobile Trader and the Markets WebTrader all based on your personal preferences. The deposit options for each include PayPal, Neteller, Skrill as well as wire transfers and credit card options.
As many other crypto brokers, Markets.com puts a great deal of attention towards its safety. The general privacy and security are assured by measures that include encrypted communications, SAS 70 certified data centers, SSL backed information, segregated customer accounts, strict safety protocols, and an investor compensation fund of up to 20,000 Euros per client.
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