Cryptocurrency brokers list

Real forex bonuses

On the other hand, when dealing with crypto brokers, you only profit from the fluctuations of the price (assuming you get the direction right – buy or sell) and will not own the coins. Another thing to look at is how many cryptocurrencies they offer. Many crypto brokers also offer forex and cfds on stocks, indexes and commodities apart from cryptos, so you need to see how big is the crypto offering if you know this is what you will be trading. If they say they are a crypto broker but only offer bitcoin, ethereum and litecoin, well, that’s not really a crypto-oriented broker. With crypto exchanges, things are different of course, because they only offer crypto buying and selling, not FX or CFD.

Crypto brokers and exchanges

You can’t deny it: the trading world is buzzing, and the main reason is cryptocurrencies. Trade them, invest for the long-term or simply buy them because you believe in the real-world use of that certain coin. As more and more people rush to cryptocurrencies, new crypto brokers and crypto exchanges are offering bitcoin and altcoins to buy or trade.

But just like in the case of other online trading products, not all crypto brokers/exchanges are the best, so you need to research each one before investing with them. Fortunately, the hard work has been done by us already, so we will help you make the difference between them by bringing you top-notch research, statistics, and unbiased opinions, as always. Check out all our reviews of crypto brokers and crypto exchanges below to separate the good ones from the ones that suck!

Sponsored

Broker name

Regulated

Minimum deposit

Type

Score

crypto

broker name	regulated	minimum deposit	type	score
24option	yes	100	broker	1 / 10
IQ option	yes	10	broker	9.3 / 10	visit now
ayrex	N/A	25	broker	8.0 / 10
nadex	yes	250	broker	9.3 / 10	visit now
olymptrade	yes	10	broker	8.4 / 10
expertoption	yes	10	broker	8.8 / 10	visit now
itrader	yes	250	broker	8.0 / 10
libertex	yes	10	broker	7.8 / 10
etoro	yes	200	broker	9.5 / 10	visit now

Crypto brokers/exchanges list 2020

Search for brokers and exchanges

If you are a crypto enthusiast, you will want to do more than just read articles about bitcoin or watch coinmarketcap for the latest changes. Indeed, you will want to buy and sell a cryptocurrency, to trade it in order to make a profit. But whether you want to buy some bitcoins and let them linger on your hard drive until their price reaches the moon or you want to actively trade every day, you need a crypto broker or a crypto exchange. That’s a fact!

What’s also a fact is that there are tens maybe hundreds of brokers and exchanges that offer cryptos, so finding one shouldn’t be a problem. However, finding one that fits all your requirements can prove a bit more difficult.

Learn about brokers and exchanges

Before giving them your hard earned money, you need to learn all you can about the crypto brokerage or crypto exchange. Where are they located? Do they actually have a physical address or just a virtual office or a PO box? More importantly, are they regulated by one of the major regulatory agencies like cysec (cyprus), FCA (united kingdom) or ASIC (australia)? Or maybe by another, local regulator? These are all things you need to research.

Then there are trading conditions, which are of course a major part of trading. What are the spreads? Are they too high? Because you wouldn’t want to see your trading profits eaten up by spreads or any other trading fees. And of course – withdrawals: how much time does it take, what are the methods, and in case of crypto brokers: do they allow withdrawals to a crypto-wallet?

Another thing to look at is how many cryptocurrencies they offer. Many crypto brokers also offer forex and cfds on stocks, indexes and commodities apart from cryptos, so you need to see how big is the crypto offering if you know this is what you will be trading. If they say they are a crypto broker but only offer bitcoin, ethereum and litecoin, well, that’s not really a crypto-oriented broker. With crypto exchanges, things are different of course, because they only offer crypto buying and selling, not FX or CFD.

Everything we talked about so far and more will be compiled into the “that sucks! Score”, which ranges between 0 and 10. Keep in mind that traders just like you are able to add their review and that will count towards the overall score.

Choose the right crypto broker or crypto exchange

Finally, it’s time to choose what brokerage or exchange you will be using. Remember that you will trust them with your initial deposit and potential profits. While this is technically your money, it is in their possession, so it’s needless to say that if you are dealing with a scam company, you will have a very difficult time getting your money out.

Everything from deposits, withdrawals, trading conditions and much more is covered in our unbiased broker reviews. Also, they are constantly updated and we re-visit each relevant broker and exchange from time to time to see what they’ve changed or how they evolved. Keep it safe and stay away from crypto brokers and crypto exchanges that suck!

Crypto broker vs crypto exchange

So far we’ve been talking a lot about brokers and exchanges and it’s time to explain the difference so we’re all on the same page: when trading on an exchange you buy and sell cryptocurrencies from other traders (or from the exchange itself) and you end up owning the coins that you buy. On the other hand, when dealing with crypto brokers, you only profit from the fluctuations of the price (assuming you get the direction right – buy or sell) and will not own the coins.

Another big difference is that you can get your crypto coins out from an exchange and do whatever you want with them. As I’ve said: you own them. With brokers, however, you simply trade a contract for difference on cryptocurrencies and have the possibility to make a profit from the price fluctuation but you cannot withdraw the coins that you are trading. You actually buy a contract on price fluctuation, not the coin itself.

To help you properly understand the characteristics and differences between crypto brokers and crypto exchanges, along with pros, cons, and risks associated with each one, we’ve prepared a full article titled investing vs trading cryptocurrencies. Both options are great, you just have to decide which one suits you.

Crypto brokers

A broker is a general term used for a venue where you can trade contracts for difference (CFD) on cryptocurrencies. In other words, the trader decides on the direction of the trade he/she wants to open and then, he/she makes a profit or a loss depending on how the coin behaved. Sells will be in profit if the coin depreciates and buys will be in profit if the coin appreciates.

Usually, crypto brokers offer easy to use trading platform, a friendly user interface, proper customer support and – maybe the most important feature – leverage, which means that the trader can control (open) a bigger position with just a fraction of its entire value (this also increases risk, so be aware). For a more in-depth view on crypto brokers, check out trading cryptos with CFD brokers.

Crypto exchanges

At exchanges, you buy and sell the actual coin, not a contract on its price movement. As said before, this means that you own the coin you buy and you can dispose of it in any way you like. Their trading platforms usually offer a lot of features to help with technical analysis and appeal to a more sophisticated type of trader but with a bit of practice, anyone can understand how to use them. For a complete guide on types of crypto exchanges, how to use them and more, read our article crypto exchanges: everything you need to know.

Top cryptocurrency brokers for 2021

We found 11 online brokers that are appropriate for trading cryptocurrency.

Best cryptocurrency brokers guide

Are you interested in investing in cryptocurrency?

If the answer to this is a yes, then you will need to find the right cryptocurrencies brokers whocan accommodate you with the best facilities to trade on the cryptocurrency markets.

Before proceeding, lets cover the real definition of cryptocurrency.

Defining cryptocurrencies

In short, cryptocurrencies are digital or virtual currencies.

These currencies are reliant on cryptography to ensure the security and verification of each digital transaction.

Cryptography can control the number of units and prevent the change of code of the cryptocurrency unless some conditions are met.

The important characteristics of the cryptocurrencies

For some people, cryptocurrencies are the savior of the economy. This is because these can give the perks that not all banks or other financial institutions can provide.

Here are the unique characteristics of the cryptocurrencies which you cannot find in the conventional means of transactions.

No third party involved

There will not be third parties like financial institutions, governments, or any other third party organizations which govern the transactions between you and your recipients, and vice versa.

There is no third party that will intervene in your transaction. And it is a win-win solution with the P2P or peer to peer network. You can send cryptocurrencies through the P2P network and the other users will also be able to do the same for you.

Cryptocurrencies have more transparency

The problem with the conventional transactions is that one can ask for a refund and this will procure such unfortunate things to only one party.

As an example if your buyer has sent you a payment and you have delivered the goods but before the goods reach their destination, your buyer reverses the transaction your result could be that you will not receive the money you are owed and your buyer may have lead you.

You can avoid this issue with the cryptocurrencies transactions as these transactions are irreversible.

Not a single party can alter your transactions and this is why it can offer you more transparent transactions than the conventional fiat currencies.

Decentralized

There is no centralized place to transact at all so you can eliminate the high rates of fees when transferring money.

The cryptocurrency is maintained through the ledger technology called the blockchain. The blockchain prevents all other entities from tarnishing the data. Not a single person can alter the system so that your transactions will be safe and sound. We will discuss blockchain next.

Blockchain definition

Blockchain is bitcoin technology comes in the list of recorded data blocks, which are gathered by cryptography.

The recorded data in the blockchain is referred to as ledger. When there is a new data exchange, usually a transaction, a new block is added to the ledger or the blockchain.

In summary, the blockchain or ledger contains important information.

Cryptocurrency brokers

The era of virtual coin is upon us and is paving a golden path for traders. When trading cryptocurrency it is important to trade through reputable cryptocurrency brokers.

We list some notable cryptocurrency brokers below:

Etoro - being one of the top-rated cryptocurrency brokers it offers several currencies including ethereum, ripple, bitcoin and dash.

XTB - XTB too has a good name among traders and offers a wide range of such virtual currencies including litcoin, ethereum and bitcoin. It is placed as one of the top 5 cryptocurrency brokers in the industry.

Plus500 - it offers crypto throughout the day and night with good leverage for the most popular currencies like litecoin, ripple, neo, ethereum and bitcoin.

What is cryptocurrency?

Cryptocurrency is a virtual coin and is traded on cryptocurrency exchanges through cryptocurrency brokers.

Lately, cryptocurrency has continued to gain popularity. This has opened up lots of new trading tools and ways to trade including contracts for difference (CFD). They earn from the difference between the cost of an asset at the present time and what value it could become in the future.

Cryptocurrency wallets

Similar to other wallets this too facilitates storing, sending and receiving the currency. We explain the three types of cryptocurrency wallet below:

The hardware wallet

The hardware wallet is the most secure crypto wallet as all the data is stored offline. A few of the good examples are trezor, keepkey and ledger nano S.

The paper wallet

A paper cryptocurrency wallet is popular and it is secure. However, it is not as convenient as the hardware wallet.

The software wallet

The software wallet is the most conveniant among the three and can be managed from a desktop or mobile phone device. Some of the cryptocurrency wallets of note are exodus, jaxx and electrum.

Cryptocurrency exchanges

A cryptocurrency exchange is a place where buyers and sellers meet for the purpose of buying, selling or trading the virtual coins with the help of couple of cryptocurrency brokers.

Binance exchange is the most famous cryptocurrency exchange in the world and it offers crypto to crypto trading.

Combase is popular too and it offers trading on 100s and 1,000s of virtual currencies like litecoin, ethereum classic and bitcoin.

Localbitcoins, on the other hand, offers over-the- counter trading of virtual coins. Traders can post a currency for sale on its websites mentioning the rate and payment methods.

ICO and token

Abbreviated for initial coin offering the ICO is a kind of fundraising for a start-up. It is done by selling underlying tokens against ethereum or bitcoin.

ICO is similar to IPO in which traders buy company shares. Investors take an entry at early stage of the project and so are capable of making a profit with the success of the company.

However, one basic difference between the two is that any person from any place in the world can take part in the ICO.

Token meanwhile is a kind of cryptocurrency too but represents a specific asset. It is sometimes used as loyalty points that can be redeemed against discounts. It can also represent something uncommon like one token is 5 bitcoins.

The cryptocurrency mining

Just a little different with the fiat currencies, the cryptocurrencies are usually mined by miners. So, there is a phrase to describe the activity as the cryptocurrency mining.

To define it, it is a process in which the miners use powerful resources, in this case computers and adequate hardware to solve mathematical problems. These complicated problems need to be solved in order to attain the rewards.

To make it more challenging, these mathematical problems have cryptographic hash functions which are linked to the block which contains the information of the transaction.

These mathematical problems are tempted to solve with multiple miners.

So, when figuring out solutions for the problems, miners are competing with other cryptocurrency miners. It is about winning and losing. The winners will get small amounts of cryptocurrency.

The reward comes from the transaction fees the users pay. At least that is how major cryptocurrencies conduct and the other factor which also gives the rewards to the miner is the release of new cryptocurrency.

Cryptocurrency wallet

The cryptocurrency wallet is a digital wallet which the users use to deposit, store, hold, send, and receive digital currency or cryptocurrency.

Do not mistake it with concepts like paypal, payza, or various other digital currency systems. The crypto wallets do not serve as the storage of the cryptocurrency. The wallets only store the information in the form of public and private keys.

Meanwhile, the crypto itself is inside the blockchain. The users do not necessarily store their cryptocurrencies in their wallet. In summary, the cryptocurrencies wallet stores the important information which you can use to access your crypto assets.

Cryptocurrency exchange

When you have the cryptocurrencies assets, you may want to sell it to other users or, you could want to trade the cryptocurrencies. Here is where you will need to use a cryptocurrency exchange.

The cryptocurrency exchange is a platform which allows the users to buy, sell, or trade the cryptocurrencies.

Some exchanges only provide crypto-to-crypto trades, but some also allow the crossover currencies so that you can trade from crypto to fiat or fiat to crypto.

There are many cryptocurrencies exchanges that you can find on the internet. Some of them offer the trades for common cryptos such as BTC, ETH, BNB, USDT, and so on. But some also offer more wider array of currencies exchange.

Cryptocurrency brokers verdict

In current times, it is not exaggerating to say that cryptocurrency is the most volatile asset class that you can find.

It is due to the fact that it comes with the high speculative market not to mention that it currently disrupts the conventional economy so that many established players don�t see it to have inherent value.

Therefore, it is still safe to use the cryptocurrencies but in addition to fiat currencies.

We've collected thousands of datapoints and written a guide to help you find the best cryptocurrency 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 cryptocurrency brokers below. You can go straight to the broker list here.

Reputable cryptocurrency brokers checklist

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

Check your cryptocurrency broker has a history of at least 2 years.

Check your cryptocurrency broker has a reasonable sized customer support of at least 15.

Does the cryptocurrency 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 cryptocurrency broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.

Does your cryptocurrency broker have an international presence in multiple countries. This includes local seminar presentations and training.

Make sure your cryptocurrency 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 cryptocurrency brokers.

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 cryptocurrency brokers.

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 cryptocurrency brokers of 2021 compared

Here are the top cryptocurrency brokers.

Compare cryptocurrency brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are cryptocurrency brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more cryptocurrency brokers that accept cryptocurrency clients

The best regulated and trusted bitcoin brokers

On this page you find the best bitcoin brokers that are regulated by state securities regulators and can therefore offer the highest degree of security regarding your funds, compared to other cryptocurrency brokers or exchange platforms. Find a top reliable broker for cryptocurrency trading.

Regulation and licensing:

Etoro:

#1 top reliable broker for cryptocurrency – etoro is one of the most known and advertised trading platforms that focus on CFD trading. The company was established in 2007 with the aim to disrupt the current world of trading, making it accessible to anyone, everywhere. By using etoro, you will be able to trade not only crypto cfds but also commodities, stocks, currencies, indices, and more. The company is currently regulated and licensed in:

Cyprus: etoro europe is licensed by cysec (yprus securities & exchange commission), license number 109/10

UK: etoro UK is regulated by FCA (financial conduct authority), reference number 583263

Both etoro europe & etoro UK underly and comply with the mifid (markets in financial instruments directive ).

Australia: etoro australia (etoro AUS capital pty ltd.) is licensed by ASIC (australian securities and investments commission)

All details are stated on https://www.Etoro.Com/de/customer-service/regulation-license/.

Please note that etoro cannot offer its derivatives trading products in the USA or to US citizens. But you can buy, sell and hold cryptocurrency if you're from the USA, just not trade derivatives on margin. All brokers introduced on this page cannot offer derivatives trading to US citizens.

If you're interested in the best cryptocurrency trading platforms for US traders read this page.

Plus500:

#2 top reliable broker for cryptocurrency – plus500 is reliable and simple to use web and mobile cfds trading platform with a wide range of supported markets. As a customer, you will be able to freely trade cryptocurrencies, indices, forex, commodities, stock, shares, and more. The company is currently regulated and licensed in:

Cyprus: regulated by cysec, license 250/14

UK: licensed by the FCA (#509909)

Australia: licensed by ASIC (AFSL # 417727)

New zealand: licensed by FMA (FSP # 486026)

South africa: plus500 is “authorised financial services provider” (FSP # 47546)

Singapore: licensed by IE singapore (#PLUS/CBL/2018) and the MAS (#CMS100648-1)

Thinkmarkets:

#3 top reliable broker for cryptocurrency – established in 2010, this london and melbourne based company aims to provide quick and easy access to a range of cfds markets, including commodities, indices, futures, equities, and crypto. Thinkmarkets offer a combination of the latest technology ecosystem, fast execution speeds, and greater funds protection for customers that exceed FSCS insurance. The company is currently regulated and licensed in:

Australia: licensed by ASIC (australian investments and security commissions), and all clients have segregated bank accounts

UK: licensed by FCA under FRN 629628 (all clients under UK have 1 million $ fund protection)

South africa: licensed by SA FSCA (south africa financial sector conduct authority)

Fxopen:

Launched in 2018, fxopen is a more sophisticated platform that offers ECN accounts consisting of a network of banks, centralized exchanges, brokers, and private investors. Because of that, customers using this service can expect faster order executions and tightest possible spreads. Fxopen enables you to trade not only forex but also cryptocurrency and commodities. The company is currently regulated and licensed in:

Australia: licensed and regulated by ASIC (number 412871)

London: regulated by the FCA (reference number 579202)

Russia: the director of fxopen is member of several russian regulatory institutions. Also, they are member of the financial commission.

Kraken:

Kraken has a strong focus on compliance with regulatory and legal requirements where they operate. The USA-based cryptocurrency exchange is regulated by the fincen in the USA and the FCA (UK). Even in australia they are regulated by the AUSTRAC and in japan by the FSA.

All details are stated here:

Bitcoin leverage: why it’s lower with regulated brokers

Because of the nature of the cryptocurrency, the amount of leverage will depend on how the bitcoin is classified, as well as how it is regulated, based on the place of operations of the market maker and the client citizenship. A fully regulated bitcoin cfds platform can be limited to a range of x2, x5 for CFS stocks, up to x30 for major currency pairs.

On the other hand, crypto-space if still new and unregulated in many jurisdictions. Companies use this to offer up to x200 leverage without any consequences. Does it mean that unregulated exchange operates illegally and is unsafe to use? Of course not, but as long as the proper regulations won’t be implemented, trading with such high leverage will be possible.

What are the biggest differences between regulated and unregulated brokers?
One of the biggest and most noticeable differences between regulated and unregulated brokers is ease of use. On unregulated exchange can start trading bitcoin within minutes - all you need to do is verify email, deposit some funds, and you are ready to go.

On the other hand, if you use the regulated exchange, your account will be able to accept deposits only after you perform a full KYC/AML process by submitting documents and all required information and successful verification that might take up to 24 hours.

The differences are visible also with the deposits themselves. If you use an unregulated platform, you will be able to deposit the only cryptocurrency as collateral. On the other hand, a fully regulated exchange will not be able to accept crypto. Still, on the other hand, you will be able to deposit fiat and use it to trade cryptocurrency within the platform itself.

Last but not least, every trader using an unregulated platform is taking a major risk with their deposits. Because a given company is not regulated, there are no regulations in place, preventing it from committing fraud or paying back in case of going bankrupt. Companies like that might claim that they are self-regulated and insured, but such claims are based only on trust and past performance. But then, customers using regulated exchanges are fully insured, up to the level required.

Does it mean that unregulated brokers always result in worse user experience? Not necessary. A company can be unregulated and still provide great customer support, educational materials, and have a fund in place that will be used in case of bankruptcy. What is more, an unregulated exchange still might request you to perform a full KYC/AML verification, if it decides to self-regulate.

Client's funds insurance

Thinkmarkets:

In UK individual client’s funds are protected up to $1 million (insured with lloyd’s of london).

In south africa all clients are protected with up to $1 million fund protection.

Etoro:

Clients’ funds of etoro UK may be covered up to £50,000 by the FSCS (financial services compensation scheme) - the FSCS is an institution covering business conducted by companies authorised by the FCA.

Up to €30,000 may be provided by the investor compensation fund of cryprus for clients of "etoro europe".

Plus500:

Clients’ funds of plus500 UK would be covered up to £50,000 by the FSCS.

Clients’ funds of plus500cy ltd would be covered up to €20,000 by the ICF (investor compensation fund of cyprus).

Read more in http://www.Plus500.Com/docs/plus500cy/investorcompensationfund.Pdf

Fxopen:

Clients’ funds would be covered up to £50,000 by the FSCS.

Kraken:

Cryptocurrency exchanges generally don't qualify yet for deposit insurance programs. Those only apply to savings institutions. However, kraken is in business since 2013 and customer funds have always been secure with the large regulated exchange. Kraken is known as the most trusted crypto exchange worldwide.

Details on this are stated here: https://support.Kraken.Com/hc/en-us/articles/360001372126-are-balances-stored-on-kraken-insured-

Our recommendations for choosing a regulated cryptocurrency broker

Before opening a cryptocurrency trading account, you can ensure that the broker is regulated by a serious institution such as FCA and PRA organizations in the UK, the SEC the united states, APRA in australia and diverse national authorities in european countries. The strict regulations of the financial regulators are there for the safety of your funds.

When taking about state-regulated brokers, so far we mainly mean traditional forex or stock brokers on which crypto currencies can now usually also be traded in the form of contracts for difference. In that case the underlying asset is not bought or sold, only the price is traded. Cryptocurrency exchanges on which crypto coins are actually bought or exchanged are not yet subject to the same rules as traditional forex or stock brokers.

Unlike other financial instruments, contracts for differences are treated broker "dealing desk" and not in a centralized exchange. Therefore, it is possible to see price differences between brokers, but also brokers who are not able to meet their obligations. Therefore, it is important to check the regulations.

A CFD provider acts as a counterparty in a transaction, therefore it makes sense to choose a CFD broker regulated by a recognized body.

It is also useful to examine account opening forms to verify the broker CFD gives sufficient information about the risks associated with trading cfds. This can give you an idea of how the broker conducts his business and whether it is a brokerage firm that is serious about having a lasting relationship with its clients.

Check if the broker is really registered with the authorities

Another point to a broker, it is easy to argue that he is registered, you should always check with the regulator if the broker has registered and that there were no unresolved complaints against the company.

CFD brokers are registered with the serious regulatory agencies in the countries in which they operate and which comply with the laws and regulations of the authorities.

The majority opt european operator for brokers who are regulated in the united kingdom by the FCA in france by the ACP (prudential control authority) or by a european body after the mifid (markets in financial instruments directive), in addition to the french, the broker must be approved by the AMF.

Here are some of the main licensing institutions where company licenses can be checked:

What is the CFD broker's policy on the use of clients' money?

The law sets out the requirements on how CFD brokers may deal with their clients' money. CFD brokers do not use all clients' money in the same way. Some offer more protection than others, including separate accounts, so make sure you know the broker's policy before opening an account.

Trusted brokers invest in training and education of their clients

Do you want to find a reliable broker who has a good reputation in the trading industry?

Regulation puts the power of the law on your side, but you should also check the financial soundness and reputation of the broker.

It may also be interesting to see if the broker invests significant resources for the training and education of his clients. Again, this is an indication of their long-term commitment.

Check for references

For example, you can look for references from satisfied customers in investment forums, but I am taking to filter out suspicious messages such as enthusiastic reviews can be falsified or generated by friends and distributor relationships (otherwise it is also possible that negative comments are created by competitors). Comments must be capable beings supported by facts or trust sources.

Many brokers are honest and work to establish and maintain their reputation. Unfortunately on the internet, there are always crooks in all areas related to money.

Regulated cryptocurrency brokers listed on our site

Brokers present on our comparison site have been selected for their reliability and the quality of their services. We do our best not to list any scams. All of the regulated brokers on our site have been approved by state institutions in the countries where they are operating, they are also legally authorized to accept customers from many countries where they don’t have headquarters. You can compare the different trading conditions (brokerage fees, spread, minimum deposit, type of orders, regulations, etc. ) in our comparison of regulated brokers.

Advantages of regulated cryptocurrency brokers

Customer deposits are booked and stored separately from company assets. Also, customer funds are subject to deposit protection. The amount of deposit protection may vary from provider to provider.

Deposit protection / client's funds insurance

An important point in CFD trading is the security of customer funds in the event of the CFD broker's insolvency. CFD providers who belong to a protection scheme are considered to be relatively stable. Deposits are thus hedged up to a certain amount in the event of insolvency. However, it is up to each broker to decide how he wants to secure his customer deposits.

There are considerable differences here, even though most brokers are based in an EU member state. With regard to deposit protection, there are two different situations. If a broker becomes insolvent, customers can have two different types of claims against him. First, claims arising from balances on customer accounts that were not involved in open transactions. Second, receivables from open transactions.

Disadvantages of regulated cryptocurrency brokers

Compared to other bitcoin brokers, the registration process is more complex. You have to provide a lot of personal information and of course you have to verify your identity. This is the only way to get permission to make deposits and actively trade with real money. You cannot open a customer account in 1 minute by just entering an email address and a password, as is often the case with unregulated crypto trading sites.

Best crypto trading forex brokers for 2021

Below you will find a list of forex brokers that offer cryptocurrency trading instruments (e.G. BTCUSD, ETHUSD, LTCUSD) and allow account funding with major crypto coins. In most cases, these are bitcoin, etherium and litecoin, although certain companies provide more options. Blockchain technologies made crypto transactions very simple and highly anonymous. Hence, some forex brokers don’t even require to undergo an account verification process before you can deposit or withdraw some funds in the form of cryptocurrency.

Who are crypto forex brokers? These are forex brokers that also list cryptocurrency assets on their platforms, usually in combination with fiat currencies to form a crypto-fiat pairing. Examples of crypto-fiat pairs include BTCUSD, DASHUSD, ETHUSD and LTCUSD. These cryptocurrency assets are CFD instruments and do not warrant owning the actual cryptocurrencies in itself.

What crypto assets are offered by crypto forex brokers?

Assets that are offered by crypto forex brokers include various pairings between cryptocurrencies and fiat currencies. Popular cryptos used in these pairings are bitcoin (BTC), ethereum (ETH) and litecoin (LTC). However, other cryptos such as DASH, ripple, NEO and stellar lumens have emerged as crypto assets that are making their way onto platforms featured by crypto forex brokers. Fiat currencies which are used as the counter asset in these pairings are US dollar (most popular), euro and british pound. So you get to find pairings such as BTC/USD, ETH/USD, LTC/USD, DASH/USD, BTC/EUR, etc. The exact combinations will differ from broker to broker. These crypto assets are usually listed on popular platforms such as the MT4, where they can be traded just like any other currency pair of CFD asset. You can use market or pending orders to setup trades, or trade with the regular lot sizes featured on the platforms to setup your trades.

Account opening with crypto forex brokers

Opening an account with a crypto forex broker is quite simple, and follows the regular process of account opening, which involves filling an online form. Account verification is also easier, especially if you are going to use a crypto-only account, or if you will use cryptos for deposits and withdrawals. This is because cryptocurrency transactions are basically anonymous and do not require verification of the identities of the individuals involved in the transaction. So if you opt for a crypto transaction method for deposits and withdrawals, your account will most likely be opened for trading without verification.

Depositing/withdrawing funds on crypto forex broker platforms

Some crypto forex brokers require that you open a dedicated account that can be used to trade cryptocurrency assets, while others allow you to use the same regular trading accounts used to forex and cfds. In the last few years, some crypto forex brokers have opened up new payment channels that allow their clients to deposit and withdraw their holdings in cryptocurrencies. Bitcoin and ethereum are the popular cryptocurrencies used for such deposits and withdrawals. To be able to use these cryptos for deposit and withdrawal transactions, there is a need to get a wallet to be able to hold your assets. These wallets are usually provided by the crypto forex broker. Making a deposit in cryptocurrencies will require you to obtain BTC or ETH from a third party source exchange, store this in an external wallet, and transfer what you want to trade with to your wallet on the crypto forex broker platform. Withdrawals will also follow the same route. The advantage here is that the cryptos used in conducting your deposit transactions are held in a cold wallet and are not accessible to hackers, unlike the ones held in exchanges which are hot wallets and are vulnerable to theft by hackers. Brokers like simplefx typify an emerging trend where crypto forex brokers are increasingly dispensing with fiat deposit methods and replacing these with more crypto-based methods. Presently, simplefx allows users to deposit and withdraw funds in cryptos such as bitcoin, bitcoin cash, ethereum, dash and litecoin. It also offers e-wallets such as fasapay, skrill and neteller. You really would not even find the bank wire or card options here.

For other brokers, you will also be able to use conventional means of payment to transact on your account. This includes the use of bank wires, credit/debit cards and e-wallets such as skrill, neteller and webmoney.

More consistently, you will find that some of the crypto forex brokers in our list offer both fiat and cryptocurrency deposit and withdrawal methods. Thinkmarkets is an example of this hybrid transaction model, as it offers the fiat methods just mentioned as well as the bitcoin method using the bitpay wallet.

How were crypto forex brokers on this list selected?

Certain factors were considered in compiling the list of the best crypto forex brokers you can use today. These factors include leverage/margin requirements, security of transactions and spreads.

Leverage/margin requirements

Trading cryptocurrencies on forex broker platforms in europe and the UK has become very expensive, no thanks to the 1:2 leverage cap imposed by the european securities and markets authority (ESMA). Ordinarily, spreads on some cryptocurrency assets such as BTC/USD are quite high, and margin requirements as well as the inherent volatility of some of these assets may overwhelm most traders’ financial capacity. In compiling our list of the best crypto forex brokers, one of the criteria used for selection was to seek for platforms that had friendlier leverage provisions. The leverage provided by many of the brokers on our list for trading cryptocurrency assets ranges from 1:2 to 1:100. In terms of cost implications to the trader, what does this mean?

Trading LTC/USD with a leverage of 1:2 means that setting up a $100,000 position on this asset will require a margin of $50,000. But on a crypto forex broker platform like that of primexbt (one of the brokers found on our list), the leverage provided for trading this asset is 1:100. This means that you can trade a standard lot with a margin of $1000. Look at the difference in the two positions: $50,000 margin (UK/EU broker) as opposed to $1,000 margin (our broker). It goes without saying that this represents significant cost savings and using our brokers will make crypto trading on a forex platform cheaper.

Security of transactions

For those who opt to use the crypto-based funding and withdrawal methods, a key advantage of using crypto forex brokers is the safety of transactions. Rather than expose your crypto holdings in exchange-based hot wallets, you can use the same holdings in secure cold wallets to fund your account and trade the same assets as cfds. This represents a far more secure way to trade and enables the trader to have immense peace of mind. It should also be mentioned that most crypto forex brokers mentioned here are regulated, and so there is accountability in how business is conducted on those platforms. Using exchanges which are unregulated always carries risks, as users of cryptopia and quadrigacx have found out the very hard way.

Spreads

Cryptos tend to have higher spreads than any other assets on these crypto forex platforms. For instance, the spread on LTC/USD on simplefx is 14,800 points, or $148 for a standard lot position. But comparatively speaking, the spreads on crypto assets with our crypto forex brokers are lower than what you will get on other platforms. Spreads are the trader’s cost, and for assets that carry wider spreads, this cost simply needs to be kept as low as possible. By offering traders lower spreads, the savings that will be realized over time will prove beneficial for the trader.

Best cryptocurrency brokers

Luke jacobi

Contributor, benzinga

Many people believe that cryptocurrencies are the future of finance. When you’re ready to leap into crypto, choosing a broker to trade or invest in cryptocurrencies is one of the most important steps to your success in the crypto market.

Get started now with benzinga’s picks for the best cryptocurrency brokers and choose the right one for you.

Best crypto brokers and trading platforms:

Best for social trading: etoro

Best for ease-of-use: gemini

Best for new investors: coinbase

Best for gold investments: itrustcapital

Best for high-volume forex traders: cryptorocket

Best for accessibility: altrady

Best for multiple exchanges: voyager

Best for security: kraken

Best crypto brokers

Since different brokers have different strengths, you need to figure out what kind of broker best suits your cryptocurrency interests. Some brokers provide a social trading platform where you copy other cryptocurrency traders’ trades in your own account. Others can offer the ability to make transactions in a broader selection of altcoins.

Choosing the best crypto broker depends largely on addressing your needs as an investor or trader. The following list crypto brokers been selected for different reasons to meet the needs of differing cryptocurrency trading and investing styles.

Commissions

Account minimum

Etoro fundamentally changed the way many people trade and invest with its social trading platform. Social trading involves mirroring another trader or investor’s transactions in a special social trading account. While you make the same amount proportionally as the trader you’re copying, you also take the same percentage of losses the trader takes in their account.

In addition to its regular crypto trading platform, etoro offers an advanced cryptocurrency exchange platform called etorox. This platform is designed for algorithmic traders and institutional grade investors. It offers traders access to tight-dealing spreads, and its algox application programming interface (API) can be used to create custom automated trading tools.

Commissions

Account minimum

2. Best for ease-of-use: gemini

Stay on top of market trends, build your crypto portfolio and execute your trading strategy with gemini’s easy-to-use tools. The gemini app is available on all the major app stores, and it puts the industry’s best crypto exchange and wallet in your hands.

Gemini’s app is easy to use. You can track asset prices and real-time market prices and set price alerts so you can act fast on price movements for individual assets. You can also schedule recurring buys on bitcoin and other cryptocurrencies.

Invest with peace of mind with gemini’s solid cybersecurity and custody solutions. Create a free account and make your 1st buy in as little as 3 minutes.

Commissions

Account minimum

3. Best for new investors: coinbase

Coinbase is 1 of the largest and oldest cryptocurrency exchanges. It currently services 35 million customers worldwide. Coinbase has extensive educational resources and an intuitive interface ideal for new traders and investors.

The exchange also provides clients with a hosted wallet and offers global customer support. Coinbase is an excellent choice for those new to the cryptocurrency market who do not wish to use social trading services.

Pricing

Account minimum

4. Best for gold investments: itrustcapital

Itrustcapital is 1 of the few cryptocurrency brokers that lets you trade and hold physical gold in your individual retirement account (IRA). You can also trade bitcoin (BTC), ethereum (ETH), litecoin (LTC) and bitcoin cash (BTH) in your IRA. Itrustcapital provides you with a personal wallet by curv for your crypto transactions.

While itrustcapital has no minimum trade or account size, the company charges account holders a flat fee of $29.95 per month. This amount includes all IRA fees, asset custody charges and access to its trading platform, although all cryptocurrency trades carry an additional 1% transaction charge based on the trade size.

If you’re planning for your retirement and want to add physical gold to your cryptocurrency portfolio as an inflation hedge, then itrustcapital is a solid choice.

5. Best for high volume forex traders: cryptorocket

Cryptorocket offers straight through processing (STP) to its trading clients. This means you deal directly with the crypto and forex markets and not through intermediaries or market makers. This broker model is ideal for high volume forex traders who tend to be sensitive to dealing spreads.

In addition to the 35 crypto pairs offered, you can trade 55 fiat currency pairs, 64 major stocks and 11 indices. If you are based in a jurisdiction with relatively lax retail forex trading regulatory oversight, you may even be able to take advantage of cryptorocket’s 500:1 maximum leverage ratio for forex trades.

Cryptorocket also supports the popular 3rd-party metatrader4 trading platform.

6. Best for accessibility: altrady

Altrady is built by crypto traders for crypto traders. It makes cryptocurrency trading accessible for beginner, intermediate and advanced traders.

You can get the tools that professional crypto traders use without the expensive price tag. Altrady’s platform is intuitive and easy-to-use. Its crypto trading software platform adapts to your needs.

It combines 10 connected exchanges. It also offers immediate price alerts, portfolio manager, break-even calculator, and customizable trading pages by allowing traders to manipulate widgets to create preferred layout in order to trade comfortably, limit ladder order, gain quick access to market tabs, and integrated market scanners.

Commissions

Account minimum

7. Best for multiple exchanges: voyager

Voyager connects to more than a dozen of the most trusted and secure crypto exchanges so you have access to the largest crypto trading market available anywhere. Voyager gives you faster, more reliable execution, plus:

Access to multiple exchanges: voyager partnered with over a dozen of the most trusted and secure crypto exchanges and liquidity providers. Voyager’s exchange connectivity offers you competitive prices on your trades and faster, more reliable execution.

Commission-free trading: voyager operates commission free to save you money. You save money on trades through its extensive crypto market and best execution technology. Voyager achieves price improvement on over 90% of customer orders.

Start trading at a better price today! Download the voyager app today.

Pricing

Account minimum

8. Best for security: kraken

Kraken takes a comprehensive approach to protecting your investments and builds in a number of sophisticated methods to prevent money or information theft.

Financial stability with full reserves

Healthy banking relationships

The highest standards of legal compliance

Crypto advantages vs. Disadvantages

Trading and investing in cryptocurrencies often carry a considerable degree of risk, as you may have observed given the volatility of bitcoin and some other digital currencies. Despite the disadvantages currently associated with cryptos versus fiat currencies (like lower liquidity and minimal payment options), the advantages of holding cryptocurrencies will increase as they become a more common form of payment.

Here’s a quick shot of crypto advantages and disadvantages.

Advantages

Security. Technology advances typically lead to increased intrusion into your privacy. In contrast, all identities and transactions are strictly secured in the digital currency environment. While most cryptocurrency transactions are very secure, you still could be vulnerable to cybercriminal actions, like hacking.

Low transaction fees. Because of the elimination of intermediaries like financial institutions, cryptocurrency transaction fees are generally quite low.

Decentralized. The lack of a central exchange or authority overseeing cryptocurrencies is one of their defining characteristics. Many people consider this among the biggest advantages of cryptocurrencies and blockchain technology.

High potential returns. You only have to look at a long-term bitcoin price chart to get an idea of the returns you can make investing wisely in digital currencies. The crypto world is still developing and expanding, so investing in the right digital currency now could translate into considerable returns in the future.

Disadvantages

Acceptance. Because digital currencies have not yet become mainstream, most businesses will not accept them as payment for goods or services. This situation will eventually change as public perception makes digital currencies more acceptable as forms of payment. For example, paypal has recently allowed customers to hold bitcoin balances and has plans to allow payments using that cryptocurrency by early 2021.

Volatility. The market volatility observed in some digital currencies can lead to large gains or large losses. Trading and investing in crypto is not for everyone, especially those with a low pain threshold or aversion to risk.

Taxes. The internal revenue service (IRS) states on its official website that “virtual currency transactions are taxable by law just like transactions in any other property.” that IRS web page also links to a guide about how existing general tax principles apply to transactions made using digital currencies.

Illegal activities. Due to the fact that digital currency transactions generally provide identity security, many people operating outside the law are thought to use digital currency for illegal activities. These activities could include money laundering, “dark web” transactions, and drug and human trafficking.

Cryptocurrency vocabulary

Like many other financial markets, the cryptocurrency market has evolved its own jargon. Some of the key terms used by market operators are defined below.

Block. A collection of transactions permanently recorded on a digital ledger that occur regularly in every time period on a blockchain.

Blockchain. A constantly growing list of blocks in a peer-to-peer network that records transactions.

Cryptocurrency exchanges. Also called digital currency exchanges, these generally consist of online businesses that allow customers to exchange cryptocurrencies for fiat currencies or other cryptocurrencies.

Cryptocurrency wallet. A secure digital account used to send, receive and store digital currencies. Crypto wallets can either be cold wallets that are used for storing cryptos in an offline environment or hosted wallets that are hosted by 3rd parties. Hosted wallets store your private keys and provide security for your digital currency balances.

Distributed ledger. A network of decentralized nodes or computers that connect to a network where transaction data is stored. Distributed ledgers do not have to involve cryptocurrencies and can be either private or permissioned.

Fork. Also known as a “chain split,” a fork is a split that creates an alternate version of a blockchain that then leaves 2 blockchains running simultaneously. For example, bitcoin and bitcoin cash came about due to a fork in the original bitcoin blockchain. Another type of fork is known as a “project” or “software fork.” this occurs when cryptocurrency developers take the source code of an existing altcoin project and create a new project. For example, litecoin is a project fork of bitcoin.

ICO. An initial coin offering (ICO) occurs when a new digital currency or token is sold, typically at a discount, to its first set of investors. An ICO lets issuing cryptocurrency companies raise funds from the public to support their coin’s development and maintenance.

Mining. A computationally-intensive process performed within a cryptocurrency network where blocks are added to the blockchain by verifying transactions on its distributed ledger. Miners are rewarded with digital coins as compensation for their successful computational efforts.

Are you ready for the future?

Digital currency and the blockchain appear to be the future of finance. Despite their current typical volatility and lack of widespread acceptance as a payment method, cryptocurrencies seem destined to become increasingly used for online payments. They could therefore make an interesting long-term investment, especially if you have a strong appetite for risk.

Where we will be in 20 years is anyone’s guess, but cryptocurrencies and blockchain technology show growing promise as forces to be reckoned with in the financial world. Get started today with 1 of our recommended crypto brokers.

Try gemini

Gemini builds crypto products to help you buy, sell, and store your bitcoin and cryptocurrency. You can buy bitcoin and crypto instantly and access all the tools you need to understand the crypto market and start investing, all through one clear, attractive interface. Gemini crypto platform offers excellent account management options. You can manage your account at a glance, view your account balance 24-hour changes and percent changes. Get started with gemini now.

Crypto brokers and exchanges

Sponsored

Broker name

Regulated

Minimum deposit

Type

Score

crypto

broker name	regulated	minimum deposit	type	score
24option	yes	100	broker	1 / 10
IQ option	yes	10	broker	9.3 / 10	visit now
ayrex	N/A	25	broker	8.0 / 10
nadex	yes	250	broker	9.3 / 10	visit now
olymptrade	yes	10	broker	8.4 / 10
expertoption	yes	10	broker	8.8 / 10	visit now
itrader	yes	250	broker	8.0 / 10
libertex	yes	10	broker	7.8 / 10
etoro	yes	200	broker	9.5 / 10	visit now

Crypto brokers/exchanges list 2020

Search for brokers and exchanges

Learn about brokers and exchanges

Choose the right crypto broker or crypto exchange

Crypto broker vs crypto exchange

Crypto brokers

Crypto exchanges

Best cryptocurrency brokers to trade with in 2021

5 popular regulated crypto brokers

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading cfds.
You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

The cryptocurrency market is more live than ever. If we want to get on the right track right from the beginning, we need to choose our crypto broker carefully. Every broker offering crypto trading is not the same. If a broker meets the requirements of one particular client, it does not mean that it will also meet yours. There are several aspects to think about when choosing your cryptocurrency broker.

How to go about choosing the best crypto broker

Regulation and reputation

To avoid being scammed or treated unprofessionally you should trade solely with regulated brokers. Only brokers that are regulated in your jurisdiction can legally offer services to you, such companies are under constant supervision of the regulatory body. There are 2 major financial regulators in europe; the cysec and FCA. A broker that is regulated by one european regulator has the right to provide cross-border services to other members of the european economic area.

A broker that is, for example, regulated in cyprus by the cysec provides the same investor protection even for a trader from the UK, germany, netherlands or any other EEA country member.

In australia and south africa, the most prominent financial regulators are the ASIC and FSCA, respectively.

Cryptocurrencies we want to trade

Before you open your trading account at a brokerage company, you have to first to find out whether the broker you are considering offers all the cryptocurrencies you want to trade. Bitcoin, ethereum, and litecoin can be traded almost everywhere. Less popular cryptocurrencies like IOTA, monero, zcash, and others might, however, not be available on every trading platform. In case you want to trade them at any point, keep this in mind and make sure it will be possible.

Leverage – multiplying your capital

Cryptocurrencies are volatile in their very nature, but if you want to trade with bigger capital than you have you can take advantage of leverage. All brokers that are regulated in the EU follow ESMA laws and offer leverage 2:1. Remember, however, that leverage does not only multiply your earnings but also your losses, should your prediction be incorrect.

Negative balance protection – necessity

You probably do not want to trade with a broker that does not include negative balance protection in the package. The negative balance protection feature ensures you never lose more money than you invest. All users that trade with a broker that is e.G. Licensed by the cysec regulator are protected against negative balance.

Appropriate capital according to your possibilities

How much do you plan to trade with? Does your crypto broker offer to trade with a small starting capital? If not, is it an obstacle for you? Or do you plan to trade in big in order to make that big money? Decide for yourself before you choose your cryptocurrency broker.

Fees – as low as possible

Let's face it, no one really likes them, but they are always there. Yes, we are talking about fees. We know that brokers have to finance their operation somehow, but the lower the fees are, the better. In general, most cryptocurrency brokers we know charge your account with a spread (i.E the difference between the ask and bid price) and with an overnight fee. It is quite hard to determine which broker has the lowest fees as they are not fixed and they tend to change according to the current market conditions. They are also quite different for bitcoin as well as other cryptocurrencies, so while one broker might have very competitive spreads on bitcoin, they might charge high spreads on stellar, or other altcoins. For that reason, the best practice is to open a demo with a reputable company to see what spreads a broker charge in real-time on cryptocurrencies you want to trade.

Overnight fees

While the spread is plausibly the most substantial fee you will have to face when trading, you should also know how big is the overnight fee charged by your broker. The overnight fee is deducted from your balance if you stay in a position overnight. This expense should be monitored especially by traders who want to hold on to their cryptocurrencies for a while.

Trading platform

To beat their competition, the world's leading cryptocurrency brokers try to attract clients to an intuitive trading environment suitable for both experienced and inexperienced traders. Almost all brokers include in their offer technical analysis tools and basic risk management features like a stop loss or take profit. Most companies do not, however, limit their offer only to the mentioned necessities and also offer price alerts, advanced educational centres or perhaps even a social trading network. Here are a few special features that one of the top european and australian crypto providers have to offer.

Broker	special features	special features
etoro	allows you to follow and copy other traders	30 crypto pairs
XTB	MT4 & xstation 5	comprehensive educational centre
plus500	price alerts (via an email or SMS), beginner friendly trading platform	trailing stop
IQ option	an award-winning in-house built platform, online chat with other traders	crypto digest videos (twice a week)
capital.Com	A wide range of crypto crosses pairs

5 popular regulated cryptocurrency brokers

Etoro

Plus500

IQ option

Roinvesting

The best crypto broker – FAQ

�� what is the best cryptocurrency broker?

To answer what is the best cryptocurrency broker, we would have to know your needs and preferences. Having said that, you should look for a broker that is regulated in your country, has competitive fees and features cryptocurrencies you want to trade.

Regulation

If you are based in europe, you should look for a broker that is regulated in at least one european country. The most common financial regulator in europe is the cysec which is headquartered in cyprus. If you are based in australia, look for the ASIC regulation (A regulatory body that oversees the financial market in australia). If you are based in the US look for the CFTC regulation.

The number one fee when trading with a CFD broker featuring cryptocurrency trading is going to be the spread. Visit a broker that you look and check their website to see what spreads they charge. You can find this info either directly on their trading platform or on a page that is dedicated to the broker’s fees.

Tradable cryptocurrencies

Each broker features different assets. The most common ones usually have all brokers, but if you are looking to trade some less popular altcoins, make sure your broker offers them.

�� can I try cryptocurrency trading risk-free?

Yes, you with most cryptocurrency brokers you can open a free demo account on which you can trade with play money. No initial deposit required.

⭐ what cryptocurrencies can I trade with cryptocurrency brokers?

It depends on what crypto broker you choose. Nearly all cryptocurrency brokers feature bitcoin, ethereum and ripple, but only some allow trading other-less popular coins. In this article, you could find all cryptocurrencies that some of the best crypto broker feature.

Conclusion – the best crypto broker

It would be easy to point a finger and say this is the best crypto broker for you to choose. We, however, know that each client has different preferences so while one trader might want a trading platform with the lowest spreads to day trade cryptocurrencies, the other might rather appreciate a copy trading system to follow the world’s most successful investors. The brokers featured in this article are one of the most popular regulated cryptocurrency brokers out there, the decision what is the best crypto broker for YOU is, however, in your hands.

- 3# crypto chart patterns for day trading
- the best hodling techniques
- how to short any cryptocurrency like a pro

And much more can be found in our crypto section.

2 comments

Hi michael. I’m retired and simply want to augment my pension with some of the crypto gravy. I have no idea where to start, I only now trade some stocks.
I’m getting some ads with amazing sounding promotions. Brokers that promote a 90% win robot, then when you sign up, a broker – usually from london – calls to see if they can help you trade. I want hands off till I learn. Is there anyone licensed you trust that can provide trading for me. I’ll send in some funds, and they can manage it and take a small cut. Is there a good brokerage out there?

Hello ian,
I bet there are many people who would love to trade with your funds, but be very careful. From my experience, 99% of robots do not work and the people behind them are simply scammers. That being said, you have two options if you want to get in cryptocurrencies. You can either learn how to trade on your own (the better option) or you can use a copy-trading system. Etoro has probably one of the most sophisticated copy-trading systems out there, so that could be your pick. Once you log-into to their platform, find a trader who trades cryptocurrencies and has stable performance. After that, you can start copying his/hers trades (this is done automatically). Best of luck ian!

PS: all brokers that are featured on this page are regulated either by the british financial conduct authority or by the cysec in cyprus.