Best Cryptocurrency Brokers

The ban on Bitcoin CFDs in Cryptocurrency brokers the UK was effective on the 6th of January 2021. Explore leading exchanges for day trading BTC and altcoins with advanced features. Find user-friendly exchanges to trade altcoins with low fees and protections. A seasoned innovator in the gaming and tech world, with nearly two decades of hands-on experience bridging the gap between emerging technologies and interactive entertainment.

U.S. clients have 50+ crypto offerings available to residents of 47 states. EToro does offer cryptoinvestors ready-made Smart Portfolios, making it easier to invest in a basket of crypto assets. In addition, eToro traders also get access to other asset classes— all with one login. This includes stocks, ETFs, and physical crypto coins across the broker’s user-friendly web and mobile platforms. Coinbase is a leading platform in the cryptocurrency space, offering users a simple and secure way to buy, sell, and manage digital assets.

Easy Access to Cryptocurrency Markets

I was most impressed with the Plus500 US professional-grade web trading station. It has a massive pool of more than 130 analytical tools and chart configurations, allowing traders to examine price action behavior from different angles. Additionally, the platform supports all basic order types (market, limit, and stop). Due to FxPro’s no-dealing desk model, it provides fast execution speeds of less than 11ms, which complements the use of automated trading strategies well.

• EToro’s clients will also enjoy strong educational and research support.
• Crypto phishing scams target an unsuspecting user’s smartphone, email, and postal address.
• FP Markets is for the trader who looks beyond the horizon, utilizing cutting edge technology to carve out success in the fast paced world of cryptocurrency trading.
• It’s breaking down financial borders and making it easier for everyone to get involved, no matter where they’re from.

Best Online Brokers for Cryptocurrency Trading

• When you sign up for an account with Coinbase you get a chance to spin a reward wheel for a prize of up to $200 in Bitcoin or USD.
• This platform works like a crypto broker in that you can set up everything on the site, but it strays away from a traditional crypto brokerage in offering unique options.
• EToro is my pick for the best crypto trading platform for 2025, thanks to its extensive offerings and user-friendly experience.
• Through its partnership with Paxos and Zero Hash, IBKR offers access to underlying crypto assets including Bitcoin, Litecoin, Bitcoin cash, and Ethereum.
• Charles Schwab is routinely one of Bankrate’s picks for top broker, and this investor-friendly company offers trading in Bitcoin, Ethereum and Solana futures.

Typically, brokers charge spreads, commissions, swap/rollover fees, and inactivity fees. Regulated by multiple top-tier regulators, eToro provides access to more than 2000 financial instruments, including stocks, cryptocurrencies, ETFs, indices, forex, and commodities. Regulated by CySEC, ASIC, SCB, and the FSA of Seychelles, IC Markets provides access to more than 1700 financial CFD instruments.

With an IBKR crypto account set up in just a few clicks, I found buying bitcoin on the web platform straightforward and user-friendly. This seamless access to both crypto assets and futures gives traders flexibility in their crypto approach, from direct investment to futures trading for hedging or speculative purposes — all through one account. Cryptocurrency brokers trading platforms work by acting as intermediaries between the trader and the crypto markets.

While some traders like to own the currency directly, others turn to the futures market. Futures may be an even more attractive way to play the volatility of digital currencies such as Bitcoin, because they allow traders to use leverage to magnify their gains (but also magnify losses). But futures involve a lot more risk in exchange for that potentially higher reward. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016.

How To Choose The Best Crypto Trading Broker?

The Cryptocurrency Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Cryptocurrency Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate. In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage. Selecting Cryptocurrency Brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Cryptocurrency markets effectively.

These wallets are accessed through software applications or online platforms, providing users with convenient access to their digital assets. With features like multi currency support, encryption, and backup options, software wallets offer flexibility and ease of use for cryptocurrency traders and investors. Overall, Coinbase has built a reputation as a secure, user-friendly, and reliable platform for cryptocurrency trading and management. Its strong focus on security and compliance further cements its status as one of the top choices for crypto traders globally. Investopedia has been helping readers find the best tools and platforms for managing their finances since 1999. Through its partnership with Paxos and Zero Hash, IBKR offers access to underlying crypto assets including Bitcoin, Litecoin, Bitcoin cash, and Ethereum.

Which forex brokers can I open an account with?

Founded in 2007, eToro US is regulated by the CFTC/NFA and has entities worldwide licensed by top-tier financial authorities. An excellent range of 95 cryptocurrencies is available to invest covering major, stable, and meme coins, as well as some altcoins. IC Markets provides access to the popular MetaTrader 4 and 5, as well as the in-house cTrader platform. Broker’s clients will also benefit from the strong research support, which includes in-house research and third-party tools like Trading Central and AutoChartist.

How do cryptocurrency brokers differ from traditional exchanges?

On top of its industry leading overall offering, Fidelity’s history as a crypto-friendly broker dates back to 2014, when the company started mining crypto. Fidelity then launched Fidelity Digital Assets, its institutional crypto custody and trading platform, in 2018. Remaining true to its strengths as a top platform for long-term investors, the broker also gives customers the ability to use its Digital Assets Account (DDA) to invest in crypto in 401(k)s.

AvaTrade’s commitment to providing versatile funding and withdrawal solutions means that your trading journey is as smooth as it is profitable. A reliable cryptocurrency broker should employ advanced security measures such as encryption, two-factor authentication (2FA), and cold storage for digital assets. In my experience, these features are crucial for protecting your funds and personal information from potential threats. Interactive Brokers lets you trade a handful of cryptocurrencies through Paxos Trust Company and Zero Hash, including Bitcoin, Ethereum and Solana, for one of the lowest commissions in the market. Plus, IB allows you to buy Bitcoin and Ethereum futures rather than owning the currencies directly. And in this broker’s case, you can buy futures on the Chicago Mercantile Exchange, including Bitcoin, Ethereum and Solana contracts.

You can scroll left and right on the comparison table below to see more cryptocurrency brokers that accept cryptocurrency clients. There are many cryptocurrency exchanges that you can find on the internet. You can buy and sell cryptocurrency privately, as cryptocurrency wallets are also in hardware form. Buying and selling crypto privately outside a regulated environment is not recommended, as you are trading your crypto assets outside a regulated, safe environment. There is no effortless way of reversing the private sale in case of foul play.

Such websites pretend to offer similar, if not the same, services as other legit exchanges. However, they are devoid of the required legal standing to operate legally. Because numerous cryptocurrencies cannot be traced easily, it is a lot easier to establish a crypto exchange that does not value customer rights. Social media profiles or accounts with apparently many followers can often disguise themselves as certified crypto service providers. Once again, they try to attract their targets by offering unbelievably large bonuses and freebies. An attempt in 2020 involved prominent Twitter accounts getting hacked and posting about crypto (Bitcoin) giveaways.

Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, can also impact how and where products appear on this site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. Charles Schwab is routinely one of Bankrate’s picks for top broker, and this investor-friendly company offers trading in Bitcoin, Ethereum and Solana futures. Schwab also has no account minimum, but any futures contracts you trade will require some minimum margin to hold them open. Schwab offers an attractive commission of $2.25 per contract, and if you’re able to bring big money to the table, you’ll receive a welcome bonus, too.

Whether you’re looking to dive into altcoins or leverage advanced market analysis tools, this guide is your gateway to informed and strategic trading decisions. Kraken is a leading crypto exchange known for its robust security measures and extensive range of supported digital assets. As a centralized platform, Kraken offers a dependable and efficient trading experience, making it a favored choice among both beginner and seasoned traders. One of Kraken’s primary advantages is its extensive selection of cryptocurrencies.