Best Bitcoin Trading Sites: Top Brokers 2020, bitcoin broker list.
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- 0% commissions
- Leverage up to 30:1
- 7 cryptocurrencies cfds: bitcoin, bitcoin cash, ethereum, litecoin, NEO, ripple, IOTA
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Best bitcoin trading sites: top brokers 2020
List of the best and safest brokers to invest in bitcoins and cryptos in 2020.
Bitcoins are one of the most exciting investments today, particularly risky but with enormous earning potential.
One of the best ways to invest in BTC today is to find a secure and reliable broker to trade: buy when the price is low, sell when the price is high.
In this article we’ll going to show the most secure, safe and legit trading sites for 2020.
To understand price movements, one can study the market from both a technical and a fundamental point of view. The technical analysis allows identifying the price trends of bitcoin (and other cryptocurrencies), while the fundamental analysis deals with analyzing the news that involves the BTC and other cryptos, as well as looking at the number of traders who operate, to the number of wallets in circulation, etc.
By combining these two ways of operating, one can try to make a price forecast and understand how best to invest.
The critical thing is to choose a secure and reliable sites to trade, and below we have brought back an updated list to 2020 to start your search.
Secure and realiable CFD bitcoin brokers in 2020
Plus500
- 0% commissions
- Leverage up to 30:1
- 7 cryptocurrencies cfds: bitcoin, bitcoin cash, ethereum, litecoin, NEO, ripple, IOTA
Etoro
- Low commissions
- Copy cryptotrader
- 11 cryptocurrencies: bitcoin, bitcoin cash, ethereum, ethereum classic, litecoin, NEO, ripple, dash, cardano, stellar, EOS
- Low commissions
- CFD trading
- 9 cryptocurrencies: bitcoin, ethereum, litecoin, ripple, dash, stellar, eos, tron, iota.
Best bitcoin broker
Compare the biggest bitcoin trading platforms on one site: deposit- and withrawal fees, trading fees for makers and for takers, creditcard fees, supported crypto currencies, supported countries, supported FIAT currencies - everything you need to know to choose your future crypto trading broker.
The internet can be a very useful place to invest and do business at due to the number of opportunities that you can easily grab with just a few clicks of your mouse button.
When talking about opportunities, bitcoin sticks right up like a sore thumb. People do actually use search engines to search for the best way to make money out of all the bitcoin/cryptocurrency hype. One of the traffic created would be trading cryptocurrencies as well as betting with crypto currencies. But how do you choose the perfect broker for your needs?
When in doubt, people always back up and hold on to facts they have something new to prove that it is safe enough to venture into. This is what happens when a person looks for the best crypto broker in the market, but what is the best?
Or is there such thing as a best trading website? Everyone that is active in the crypto currency scene can name you their top 5 broker websites easily, without any hesitations. But for someone that just started to scratch the surface, everything can be overwhelming!
With that being said, you should and always have a mental checklist to follow in choosing your first cryptocurrency trade. Below are helpful points that you might want to list down.
Regulated broker
Just like any other website that involves money, you first need to know if that broker is regulated or not. Why? Well, you will be definitely sending money to that website, might as well know if their legit or not, right? Make sure that they are regulated and take your time in researching. But this isn’t always the truth when it comes to dealing with “off-the-grid” brokers like the ones listed on bitcointradingsites that only accept bitcoin as payment.
You see, regulated brokers only work if you are transacting with your bank or direct cash deposits. Most of the trading platforms today that accept credit cards or wire transfers will always need to be regulated for them to accept payments in cash. But if we’re talking about bitcoin websites that only accept cryptocurrencies as payment, then we are moving to the grey area. Are they bad?
Well, most of the time these website that are “unregulated” have cryptocurrency transactions, as we all know, cryptocurrency transactions severe their connections with the banking world. That’s why we see websites that are not regulated by any laws or jurisdiction. Are they safe? That brings my statement back to “always take your time in researching.”
Accounts
Not all, but most of the time, these online brokers have different levels of accounts which you are able to choose from. A good brokerage website should and always have options for their clients to choose from. These options sometimes include different deposit methods, withdrawals, spreads and a lot more! “options” is the key word here.
You also need to keep in mind the minimum deposit required per account as this will greatly influence your decision-making. Aside from the options that you will be choosing from, we also need to put in mind the features that a website offers. When talking about accounts, always go for websites or at least give websites that have demo accounts the priority. Why? Demo accounts can help you in so many ways!
The most important thing a demo account can help you with would be the ability to try all their features without even spending a dollar on the website.
Currencies
Some of the broker websites today not only offer crypto currency trading, but they also offer stocks, commodity, and fiat trading. Do not get yourself confused on what you are there for, which is crypto currency. Know what they have and what you are capable of trading with.
Traders who intend to cash out their BTC into fiat money, should check this page on bitcoinp2ploans that provides really useful insights on the topic.
Website
This box is pointed on what they have for you in general. What type of website do they have what type of trading platform do they work with? Is it a well-designed one or are you having troubles navigating it? It’s like choosing a car, there is no use in using the latest sports car if you do not know how to operate its digital assets. If this is the case, better choose a 68’ shelby mustang since you know how to make it run. In other words, if the website confuses you, then stay away from it.
Customer service
Last but not the least. When a website involves money, always look for their customer service contact points. Do they have a phone number that you can call? Do they support live chat and email services? The last thing you want to have is a website that has a hold of your money but you are unable to contact them in any way possible. A good website should and always have at least two channels for you to contact them.
List these five most important things that you need to keep in mind in choosing your next bitcoin broker website today. Please do also keep in mind that these are just my suggestions and are of course, available for any personalization of your own. Just keep in mind that the best website to transact with is a website that you are comfortable enough to give your trust (since they will be holding on to your money) and has the right channels to contact if anything goes south with your transactions.
The big bitcoin broker FAQ:
What is bitcoin and cryptocurrency broker?
Who is the best bitcoin broker?
How much does bitcoin charge per transaction?
How can I send bitcoin to someone?
Which is the best bitcoin wallet?
How do you cash out a bitcoin?
Do you pay taxes on bitcoin?
Can you transfer bitcoin to a bank account?
Can I make money with bitcoin?
Is it worth investing in bitcoin?
How do you flip money in bitcoin?
Can you start trading with no money?
How can I learn online trading?
What is the best platform to invest on bitcoin?
Are bitcoins legal? Are bitcoins legal in the US?
Do you have to pay taxes on bitcoin?
Can the IRS track bitcoin?
Can you lose money investing in bitcoin?
Disclaimer:
The infomation on this website is not fiancial advise! Bestbitcoinbroker.Net is not responsible for any losses that may happen by trading on these trading platforms. Do not risk more than you can afford to lose.
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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 infomation on this website is not fiancial advice. This website is for entertainment purposes only. Bestbitcoinbroker.Net is not responsible for any losses that may happen by trading on these trading platforms. Trading carries considerable risk of capital loss. Dont invest more money than you can afford to lose!
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.
75% 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.
Bitcoin investing: compare accounts for buying & selling bitcoin
Use our comparison table of bitcoin accounts to compare costs and the different ways to buy and sell bitcoin. Please note: investing in bitcoin and other cryptocurrencies is very high risk and not regulated by the FCA. There is a very high chance you may lose all your money.
How to choose an account for investing in bitcoin
Here are three tips and things to consider when deciding which provider to buy bitcoin through:
Look for a regulated provider who also offers bitcoin
Even though bitcoin is an unregulated digital currency, many providers that offer bitcoin investing are regulated by the FCA for other things such as stocks, bonds, bank accounts and trading. By choosing a bitcoin account that is attached to a regulated entity, you will be dealing with a provider who is responsible for treating clients fairly (although not directly for cryptocurrency investing).
Compare the costs of investing in bitcoin
The costs of investing in bitcoin can vary dramatically. The key things to consider are:
- Bitcoin commission- some bitcoin accounts will charge a fee when you buy and sell bitcoin on their platform.
- Bitcoin currency exchange fees- if you are buying bitcoin against the USD (BTCUSD) but depositing GBP into your bitcoin wallet, there will be a fee for converting the GBP into USD. It is possible with some exchanges to buy bitcoin against GBP where you do not need to convert fiat currencies.
- Bitcoin price spread- this is the difference between the buy and sell prices. As with investing in stocks, there is always a spread between where people are prepared to buy and people are prepared to sell. The bitcoin spread varies, depending on how active the market is (liquidity) and how much the price is moving (volatility), as well as which bitcoin platform you are investing through.
Understand the risks involved in investing in bitcoin
Before you start investing in bitcoin, decide if you should be investing in bitcoin. The major risks of investing in bitcoin are:
- Sudden price moves- the price of bitcoin can drop and rise quickly and for no apparent reason.
- High investment costs- compared to investing in stocks, it is still expensive to buy and sell bitcoin.
- Bitcoin scams- there are lots of scammers using fake bitcoin ads to scam potential bitcoin investors, so always research bitcoin accounts before investing.
How do you invest in bitcoin?
The world's most famous crypto-currency is an obvious target for investors and traders due to its history of rapid gains and falls in value. This volatility makes it both very risky and potentially very lucrative as an investment.
How to get started investing in bitcoin
If you are buying bitcoins, then you will require a bitcoin address. This is a code to which the bitcoins that you buy will be allocated. You can acquire an address by downloading a bitcoin client to your computer or setting up an online wallet.
What to avoid when you start investing in bitcoin
When using cfds or placing spread bets, it is possible to lose more than your initial stake. This will be amplified if you use leverage. Don't risk more money than you can afford to lose when you take a position. Placing stop loss orders, which automatically close down your position when bitcoin hits a particular value, are an essential way to limit the risk that you face.
What to look for when choosing an account to buy bitcoin in
The various bitcoin exchanges and CFD/spread-betting companies have different fee structures for their services. Make sure that you're not being overcharged and that the trading platform on offer is to your liking. As with any investment, the more you know about factors that will impact the price of bitcoin, the more likely you are to profit.
To invest in bitcoin, you need a bitcoin wallet or account. You can compare bitcoin accounts with our bitcoin account comparison table.
Bitcoin FAQ:
Here are some of the most frequently asked questions people ask before they invest in bitcoin:
What is bitcoin?
Bitcoin is a digital currency. It was launched in 2009, can be mined, bought and sold against many fiat currencies, and is the largest cryptocurrency by market capitalisation.
How much is bitcoin worth?
The price of bitcoin moves all the time and is priced most commonly against the USD. See our bitcoin price chart for the current price.
How does bitcoin work?
Bitcoin works as a digital currency where a record of all transactions are kept on the block chain. Each bitcoin is stored in a digital wallet where it can be spent or sent.
How to get bitcoins
There are two ways to get bitcoin. You can either mine them or buy them through a bitcoin exchange platform.
Is bitcoin safe?
This is undermined yet and the safety of bitcoin is one of the major risks of investing in bitcoin.
Is bitcoin regulated by the FCA?
No, bitcoin is not regulated by the FCA. However, there are FCA-regulated providers that also offer options for buying and selling bitcoin.
Are bitcoin adverts real?
From peter jones to PSY, new scam adverts advertising get-rich-quick bitcoin schemes are flooding the internet. Despite a global ban from google on non-regulated brokers advertising derivatives products, they are still getting through. Amazingly, you see them in the header of the dailymail and other mainstream media websites. Martin lewis, the money-saving-guru from money saving expert, recently sued facebook because they failed to stop scammers using his image in scam ads for get-rich-quick bitcoin schemes. Martin lewis settled with facebook for a £3m charitable donation in the end.
Is bitcoin a scam?
If you see an advert for bitcoin investing, it may well be a scam as google and facebook have banned cryptocurrency advertising. If it looks like a scam, it's a scam. And always check the FCA register for any broker you deal with.
Keep in mind too though that the scammers make clone websites of real brokerages to scam you. So, double and triple-check any broker before sending money. A quick google search can save you from becoming a victim.
How to make money with bitcoin
It is possible to make money investing in bitcoin in the same respect that it is possible to make money investing in high-risk stocks. If you buy low, sell high, you will make money. But unlike investing in stocks where a company generates revenue and profits, bitcoin has no underlying value so it is also possible to lose money very quickly by investing in bitcoin.
Where to buy bitcoin
For more information on where to buy bitcoin, read our guide to choosing a bitcoin account.
Is bitcoin legal?
How to use bitcoin
Bitcoin is becoming more usable every day. Some online merchants accept it as payment and recently, paypal announced that it would accept bitcoin as a payment source.
Is bitcoin a good investment?
Whether or not bitcoin is a good investment is relative to your investment objectives. It is a very high-risk investment.
How to sell bitcoin
When you choose a bitcoin account, make sure there is also the option to sell the bitcoin on it as well.
Where can you get bitcoin investing ideas?
Never believe anyone who says they can make you rich or adopt trading as a career if you are a complete beginner. However, if you do want trading ideas, you can find news and analysis on bitcoin here:
- Bloomberg
- Reuters
- Tradingview provides excellent crypto charts and lots of users post trading ideas.
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Disclaimer
The information contained in this website is for informational purposes only and does not constitute financial advice. The material does not contain (and should not be construed as containing) investment advice or an investment recommendation, or, an offer of or solicitation for, a transaction in any financial instrument.
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Best online brokers for bitcoin trading
The best crypto exchanges for US bitcoin trading offer three essential benefits. The first, and most important, is robust security with two-factor authentication, cold storage, and integrated safe wallets. Second is a user-friendly website and platform. Third, they provide access to trading a variety of cryptocurrencies like bitcoin and ethereum.
In our assessment and ranking of cryptocurrency exchanges, we focused on traditional exchanges headquartered and regulated in the united states, as well as the incumbent online brokers in the US, which are expanding to offer bitcoin trading on top of regular stock trading (e.G. Buying shares of apple or google).
Best bitcoin trading platform
- Tradestation - best trading platform
- Coinbase - best crypto exchange
- Etoro - low fees
- Kraken - maker-taker fee schedule
- Bittrex - most altcoins
- Gemini - offers gemnini dollar
- Robinhood - best mobile app
Here's a breakdown of some of the best online brokers for US crypto trading.
Best trading platform - open account
promo offer: commission-free trades on stocks, etfs & options trades
As a trading technology leader, tradestation supports casual traders through its web-based platform and active traders through its award-winning desktop platform, all with $0 stock and ETF trades. Tradestation crypto allows you to buy, sell, and trade bitcoin, litecoin, ethereum, bitcoin cash and XRP. Tradestation crypto caters to both institutional and recreational clients. Read full review
Best crypto exchange
Founded in june of 2012, coinbase is the largest US-based cryptocurrency exchange, housing over 20 million users. Coinbase is best known for its easy to use website and crypto trading platform, coinbase pro. Coinbase supports 14 different cryptocurrencies for trading, including bitcoin (BTC), ethereum (ETH), and litecoin (LTC), among others.
Low fees - open account
promo offer: 0% commission stocks
Etoro is great for traders seeking zero-commission stock and ETF trades, an efficient platform, and access to copy trading. That said, there are hidden fees, education is sub-par, and etoro doesn't offer the same range of investments as traditional brokers. Etoro's crypto offering includes 16 different coins. Although crypto fees are cheap, you can only withdraw your crypto assets with a dedicated etoro wallet.
Maker-taker fee schedule
Kraken was founded in july of 2011 and offers trading on 18 different cryptocurrencies, including monero (XMR), ripple (XRP), and dash (DSH). Kraken currently offers a web platform but does not have a mobile app.
Most altcoins
Bittrex was founded in seattle, washington in 2014. Although bittrex doesn’t provide a mobile or desktop platform, it still offers over 100 tradeable coins, including bitcoin (BTC), ethereum (ETH), and litecoin (LTC).
Offers gemini dollar
Founded in 2015 by the winklevoss twins, gemini is a licensed digital asset exchange and custodian built for both individuals and institutions. Gemini lets users buy, store, and sell bitcoin (BTC), ethereum (ETH), litecoin (LTC), bitcoin cash (BCH), and zcash (ZEC), as well as the self-named gemini dollar (GUSD).
Best mobile app
Robinhood crypto allows users to trade bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), litecoin (LTC), dogecoin (DOGE), ethereum classic (ETC), and bitcoin SV (BSV). Ten additional coins can be added to a watch list. Robinhood crypto is best-fitted for users who trade multiple classes of assets. Read full review
Pricing details
Below is pricing information for each of the top online brokers for bitcoin trading. Each company uses a different structure.
Tradestation - open account
promo offer: commission-free trades on stocks, etfs & options trades
Headquartered in plantation, florida, tradestation is a wholly owned subsidiary of monex group, inc., one of japan’s largest online financial services providers. (1). Tradestation's roots date back to the 1982, when the company was formed under the name omega research. The company's flagship tradestation platform was launched in 1991, and tradestation group was a NASDAQ listed company from 1997 - 2011, until it was acquired by monex group (2).
Tradestation crypto features a simple pricing structure. Account balances below $100,000 pay a 0.50% maker fee and a 0.50% taker fee. Account balances over $100,000 don’t pay a maker fee, paying either a 0.25% or 0.125% fee based on account size. At this commission rate, it would cost $5.00 to buy $1,000 worth of bitcoin (BTC).
Coinbase - coinbase.Com
If buying bitcoin from a linked ACH account, the average commission is
1.49%. If buying bitcoin by selling another cryptocurrency you already hold in your coinbase wallet (or vice versa), then the average commission is
.50%. For example, buying $1,000 worth of bitcoin would cost
$15 from a linked bank account.
Etoro - open account
promo offer: 0% commission stocks
As an early pioneer in social copy trading, etoro was founded in israel in 2006 as a financial trading technology developer. After launching its first product, it has since grown to service over 9 million users with an innovative platform that continually evolves to be one of the largest social networks globally, with clients in over 170 countries.
Etoro charges no fees for sending or receiving transactions. Blockchain fees are applicable for sending and receiving. However, etoro does charge a conversion fee of 0.1%, set to market rates. Minimum withdrawal amounts and fees are also imposed for each type of cryptocurrency. The minimum bitcoin withdrawal amount is 0.0086 BTC and the withdrawal fee is 0.0005 units.
Kraken - kraken.Com
Kraken uses a maker-taker fee schedule with price incentives based on your trading volume over the last 30 days. For example, the average customer who trades less than $50,000 a month will pay $2.60 in fees for every $1,000 in trading volume. Fees for market makers range between 0% and 0.16%, while fees for takers range from 0.10% to 0.26%. This fee schedule, is more competitive than competitors like coinbase and gemini.
Bittrex - bittrex.Com
Bittrex has a simple pricing model, and charges a flat 0.25% on all trades. At this commission rate, it would cost $2.50 to buy $1,000 worth of bitcoin (BTC). Higher-volume traders, those trading more than $25,000 a month, should look at kraken for discounted pricing.
Gemini is much more expensive than other exchanges, charging between $0.99 - $2.99 on transactions under $200, and 1.49% on orders over $200. This means it would cost $14.90 to purchase $1,000 worth of bitcoin (BTC). Overall, gemini is the most expensive crypto exchange included in this guide, charging more than five times what other exchanges would charge for the same transaction.
Robinhood
Robinhood crypto does not charge a commission for placing crypto trades; however, it generates tiny profits from each order as it is routed. This routing practice, known as payment for order flow (PFOF), is also how robinhood makes money from stock trades. In their user agreement, robinhood crypto states that they may receive activity-based rebates from crypto exchanges, brokers, and market-makers, among other crypto intermediaries. Bottom line, since robinhood is not transparent with its pricing structure, there is a possibility the all-in costs per trade are actually much higher than some competitors. Unfortunately, there is no way to know for certain.
Pricing details per exchange
Final thoughts
Trading cryptocurrencies is becoming more widespread as investors around the globe become more comfortable with blockchain technology and the exchanges that offer online crypto trading. Security enhancements for digital wallets continue to improve as well, providing traders more confidence that buying bitcoin is safe.
Read next
Explore our other online trading guides:
About the author: blain reinkensmeyer as head of research at stockbrokers.Com, blain reinkensmeyer has 18 years of trading experience with over 1,000 trades placed during that time. Referenced as a leading expert on the US online brokerage industry, blain has been quoted in the wall street journal, the new york times, and the chicago tribune, among others.
About the author: steven hatzakis steven hatzakis is the global director of research for forexbrokers.Com. Steven previously served as an editor for finance magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.
All pricing data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.
Advertiser disclosure: stockbrokers.Com helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers. How do we make money? Our partners compensate us through paid advertising. While partners may pay to provide offers or be featured, e.G. Exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. Here is a list of our partners.
Disclaimer: it is our organization's primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While stockbrokers.Com has all data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by stockbrokers.Com, nor shall it bias our reviews, analysis, and opinions. Please see our general disclaimers for more information.
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Best bitcoin trading sites: top brokers 2020
List of the best and safest brokers to invest in bitcoins and cryptos in 2020.
Bitcoins are one of the most exciting investments today, particularly risky but with enormous earning potential.
One of the best ways to invest in BTC today is to find a secure and reliable broker to trade: buy when the price is low, sell when the price is high.
In this article we’ll going to show the most secure, safe and legit trading sites for 2020.
To understand price movements, one can study the market from both a technical and a fundamental point of view. The technical analysis allows identifying the price trends of bitcoin (and other cryptocurrencies), while the fundamental analysis deals with analyzing the news that involves the BTC and other cryptos, as well as looking at the number of traders who operate, to the number of wallets in circulation, etc.
By combining these two ways of operating, one can try to make a price forecast and understand how best to invest.
The critical thing is to choose a secure and reliable sites to trade, and below we have brought back an updated list to 2020 to start your search.
Secure and realiable CFD bitcoin brokers in 2020
Plus500
- 0% commissions
- Leverage up to 30:1
- 7 cryptocurrencies cfds: bitcoin, bitcoin cash, ethereum, litecoin, NEO, ripple, IOTA
Etoro
- Low commissions
- Copy cryptotrader
- 11 cryptocurrencies: bitcoin, bitcoin cash, ethereum, ethereum classic, litecoin, NEO, ripple, dash, cardano, stellar, EOS
- Low commissions
- CFD trading
- 9 cryptocurrencies: bitcoin, ethereum, litecoin, ripple, dash, stellar, eos, tron, iota.
Fxdailyreport.Com
Bitcoin is a digital currency and is being traded in the financial markets around the world ever since it was introduced in 2011. Over the years, the first cryptocurrency in the world has become immensely popular and this, in turn, has sparked immense price volatility. Within three years of the digital currencies inception, the price of a single bitcoin zoomed to around 1,200 USD. Currently, the bitcoin is traded at more than 3,500 USD.
Forex brokers acknowledged the cryptocurrency as a valid currency and started accepting payments in bitcoins in 2013. They have also made it possible for traders to execute trades in bitcoins. This digital currency is often traded against fiat currencies such as the USD and euro. As the concept is relatively new, there is only a limited number of best regulated bitcoin forex brokers as of now. However, this has made it easier for some traders who do not want to disclose their card or bank details to the forex brokers to fund their accounts through bitcoins.
Regulated FX brokers that accept bitcoin for deposits/WD
| broker | min deposit | spread | leverage | regulation | open account |
|---|---|---|---|---|---|
| 0 | non-spread, fee 0.1% per trade | non-leverage | - | visit broker | |
| $1 | from 0 pips | 2000:1 | FCA UK, cysec, FSP, bafin, CRFIN | visit broker | |
| $300 | floating, from 0 pips | 500:1 | FCA UK reference number 579202 | visit broker | |
| $1 | fixed spread from 3 pips | up to 1:1000 | CBR, cysec and FFMS | visit broker | |
| $250 | as low as 0.1 pips | up to 400:1 | ASIC australia and FCA UK | visit broker |
Top regulated forex brokers that offer bitcoin (BTC/USD) trading
| broker | info | bonus | open account |
|---|---|---|---|
| min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec | 50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win. | Visit broker | |
| min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC | $100 no-deposit bonus, 100% deposit bonus | visit broker | |
| min deposit: 0 spread: non-spread, fee 0.1% per trade leverage: non-leverage regulation: - | visit broker | ||
| min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN | 35% of the account deposit | visit broker | |
 | min deposit: $50 spread: starting 0 pips leverage: up to 400:1 regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA | visit broker | |
| min deposit: $300 spread: floating, from 0 pips leverage: 500:1 regulation: FCA UK reference number 579202 | visit broker | ||
| min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK | visit broker | ||
| | min deposit: no minimum deposit spread: 1.2 pips leverage: 50:1 regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC | visit broker | |
| min deposit: $10 spread: leverage: regulation: cysec | - | visit broker | |
| | min deposit: $200 spread: from 3 pips leverage: 400:1 regulation: NFA, FCA, cysec | visit broker | |
| min deposit: $100 spread: starting 0 pips leverage: up to 500:1 regulation: FCA UK, ASIC australia, MAS singapore | visit broker | ||
| min deposit: $1 spread: fixed spread from 3 pips leverage: up to 1:1000 regulation: CBR, cysec and FFMS | 30% forex deposit bonus | visit broker | |
| min deposit: $250 spread: as low as 0.1 pips leverage: up to 400:1 regulation: ASIC australia and FCA UK | visit broker |
Among forex brokers, the penetration level of bitcoin is the lowest when compared with the other online payment options. However, bitcoin offers the highest level of security and an opportunity for making payments without disclosing identity. This is unique compared to any of the other existing payment options. Most e-wallets require traders to verify their identity by means of bank transfers, credit cards, or other documents. On the other hand, bitcoin account holders can access their accounts without the need to go through any identification procedure.
As forex brokers ask for a number of identification documents from the trader when opening an account on their platform, the process involved in creating a new bitcoin account for funding the trader’s account is a complicated and tedious. Therefore, the anonymity associated with bitcoin seldom works when it comes to trading currencies. This is to say that it works only if the trader wants to trade currencies without making withdrawals. Regulators also want brokers to obtain a lot of information from their clients prior to allowing them to trade currencies. As such, it is sensible to choose an online forex broker that accepts bitcoins only if the trader has bitcoins in his/her account and want to fund his/her trading account through bitcoins.
Having said this, here are some of the best regulated bitcoin forex brokers you can consider working with:
Best cryptocurrency brokers for 2021
Daniel ‘harris’ major
I have tested 40+ crypto brokers. You can find the best cryptocurrency brokers below. This is by far the easiest way to get started with cryptocurrencies.
Cryptocurrency trading has become really popular in the past years. It’s growing more ever year.
Many big trading brokers have already added some of these cryptocurrencies. Everybody can sign up and start trading bitcoin or other crypto coins. This is the easiest and probably the simplest way to invest in cryptocurrency.
After trying out most brokers, here are the best cryptocurrency brokers:
Best cryptocurrency brokers (non-US traders only)
Plus500 – top rated trading platform
Plus500 is a big name in the trading industry. They have a really low minimum deposit requirement and a great trading site.
Buy/sell cfds on bitcoin in addition to buying stocks, commodities, forex etc (traded only through cfds). Plus500 is the most complete trading platform.
- Trade cfds on bitcoin & many other cryptos
- Minimum deposit is only $100
- Regulated and trusted platform
- Very fast signup process
- Live chat
- Many payment methods (even paypal)
- You cannot withdraw any cryptocurrency
- You have to complete a questionnaire, upon sign up
Plus500 disclaimer: 76.4% of retail CFD accounts lose money.
IQ option – lowest minimum deposit ($10)
If you don’t want to make a huge initial investment, then IQ option is the best broker for you. The minimum deposit requirement is only $10. This is by far the lowest in the industry.
- You can trade many cryptocurrencies
- Minimum deposit is only $10
- Best trading platform
- Multiple account currencies
- Free demo account
- Regulated by CYSEC (#247/14)
Etoro – top crypto broker
Etoro is a really popular trading site. They have been around since 2006. Etoro is regulated by CYSEC, FCA and ASIC.
Buy/sell bitcoin on etoro in addition to buying stocks, commodities, forex etc. Etoro is the most complete trading platform.
- Trade bitcoin & many other cryptos
- Minimum deposit is $200
- Regulated and trusted platform
- Australian traders are also accepted
- Great support team
- Many payment methods (even paypal)
- You cannot withdraw any cryptocurrency
- You have to complete a questionnaire, upon sign up
Etoro disclaimer: 71% of retail CFD accounts lose money.
Highlow – best all-round crypto broker
Due to regulation highlow stopped accepting traders from the EU and UK.
Highlow is an australian trading broker (AFSL no.364264). What I like most about this broker is the intuitive platform. It is so easy to use. Especially new traders will like the clean layout.
I’ve been using highlow for a few years now and I never had a problem. Highlow publishes their number of trades on the homepage. There are millions of trades on this broker each month.
I use the main platform which is web based. This means, that you don’t have to download any software. This platform is stable and safe (they use SSL).
I have also tried the ios app and the android app. They are great, but I just don’t like trading on smartphones in general.
The payouts on highlow are amazing (up to 200%, which is more than on other brokers).
Highlow is a great broker for cryptocurrencies (but only if you are not from EU,UK, US). They have a good reputation, great support team and awesome promotions for new traders.
- Trade bitcoin & other cryptos
- Minimum deposit is only $50
- Regulated and trusted platform
- Fastest signup process (no questionnaires)
- Multiple account currencies
- Free demo account (no registration needed)
Nadex – US traders welcome
Nadex is a CFTC regulated broker. In fact, this is probably the only US broker that has this regulation.
Only US traders are allowed on nadex. Non-US traders check out the next broker.
Update OCTOBER 2019: looks like nadex removed crypto trading. After contacting them I found out that they will add it back soon. Register on nadex now and get updated when they add it.
Recently, nadex started offering bitcoin trading.
- Trade bitcoin, forex or binary options
- Minimum deposit is $250
- CFTC regulated broker
- Great support team
- Many payment methods (even paypal)
Crypto brokers with most cryptocurrencies
Here are the most popular cryptocurrencies offered by cryptocurrency brokers:
- Etoro – bitcoin, ethereum, litecoin, dash, ethereum classic, NEO and ripple.
- Plus500 – bitcoin, ethereum, litecoin, bitcoin cash, ripple, IOTA.
- Avatrade – bitcoin, ethereum, ethereum classic, ripple, dash, bitcoin cash litecoin, monero and NEO.
Lowest minimum deposit brokers
These are the best brokers with low minimum deposit requirements:
- Etoro – $200
- Plus500 – $100
- Avatrade – $100
This is really important because the crypto market itself is unregulated. Depositing on a regulated broker means that your money is safe.
We’ve also looked at the support team and the payment methods. You can deposit easily using multiple payment methods on the brokers below.
Top rated brokers that have cryptocurrencies
While we are all familiar with the broad definition of a broker, is there something more to it when it comes to cryptocurrencies?
Simply put, a cryptocurrency broker refers to a website that traders will visit to trade cryptocurrencies at a set price. In many ways, they are similar to forex brokers whose services are a lot more familiar to the general public.
Etoro disclaimer: 71% of retail CFD accounts lose money.
You still can’t decide which broker is best for you?
How to choose your cryptocurrency broker
Is leverage really necessary? Cryptocurrency markets are volatile in nature with prices fluctuating immensely thereby generating high profits even in the absence of leverage. But for some traders, the desire for more earnings justifies the use of leverage.
Before choosing your broker, settle yourself on whether the already immense profits that come from a cryptocurrency market are enough for you or you would like to use leverage to enhance them even further, bearing in mind, of course, that will also significantly increase the risk factor to your funds.
Negative balance protection: it is always advisable to trade with a broker that affords the negative balance protection facility. That way, you will never be at risk of losing more than what you invested in case you sustain very heavy losses.
How suitable is the required capital for you? This is another subjective part to your decision. Do you prefer trading with a small capital or bigger one to help you zero in on bigger returns? Find out what size trades your broker is offering before you open an account.
Narrow spreads for the win: let us be honest, it is only fair that your broker gets a cut from the money you generated having provided you with the essential facilities for it and all. But let us be honest, you definitely want every last dime for yourself.
A spread refers to the difference between the buying price and selling price of a trade and it varies with each broker. The spread is what counts as fees for your broker so the smaller it is, the lower the cost will be on your part.
Lets go into what aspects you as a trader must consider when choosing a broker to trade cryptocurrencies.
Which cryptocurrencies are you interested in trading?
Make sure you have decided on which cryptocurrencies you want to trade in before signing up with your broker.
If your choice is a prominent cryptocurrency like bitcoin (official site), litecoin (official site), or ethereum(official site), there will be a relatively broad availability of brokers that have trading options for those. However, less prevalent examples like monero, IOTA, or zcash may be a little harder to come by.
So study the cryptocurrencies being offered by a broker before you sign up for an account.
Pros and cons of cryptocurrency brokers
Here are some features that these broker have or don’t:
pros
- Signup up with a crypto broker is probably the fastest way to get started with cryptocurrency trading
- If you are less tech-savvy then a broker is safer for you
- You can start buying cryptocurrency while traditional exchanges don’t always accept this payment method
- Most of the time you can’t withdraw cryptocurrencies from a broker. You have to exchange it back to fiat money (USD/EUR etc.)
Cryptocurrency brokers – what to look for
Here are some of the more understated details about your cryptocurrency broker that could make your trading experiences so much more efficient and successful.
1. What are the weekend hours like?
This is a key detail that distinguishes cryptocurrencies from other prominent trading markets like forex, futures, and equity. Cryptocurrency brokers operate during the weekends as well.
There is virtually no difference in purchasing bitcoin at the end of the week as opposed to the middle of the week during peak hours.
But there is a catch. While digital currency exchanges are available during the weekend, your broker may not (why is the stock market closed on the weekend?). So in effect, if there is considerable movement within your relevant cryptocurrency market during a weekend when your broker is not operating, you may not have the ability to respond in any way.
2. How is it hedging?
Your broker is probably not keen on revealing if it is hedging cryptocurrency traders but it is important information for you to know.
Why is it so important for you to know?
Because, as a trader, you want to be absolutely in the clear regarding the policies for risk management being followed by your broker. Let us not forget that cryptocurrency markets are extremely volatile and an unhedged broker is more easily prone to major losses incurred by its clients. Naturally, those costs will warrant compensation via fatter spreads and additional costs for traders. It will be best to sign up with a broker that will not withhold the relevant information from you.
More great features you could be interested in
Commissions and trading on margin – an important thing to note while trading cryptocurrencies is that their prices tend to be more similar to equities than they are to real currencies. So your broker could be charging you commissions in addition to a wide spread on each trade. That, of course, raises the cost probably a bit much for your liking.
Another similarity with equities is that the margin conditions with cryptocurrencies are significantly more than they are with forex or cfds. Consequently, leverage is usually up to 10x. How considerable the margin rate will be for traders is down to what trading strategies and risk management they subscribe to.
Authenticity of market data – aside from merely evaluating how it influences spreads, market data for cryptocurrency CFD prices can be a good indicator of how the quality of the product will be in the future.
One of the more recent examples of this is BTC-e which was an immensely popular platform for trading bitcoin before it was shut down by feds. BTC-e was the first bitcoin exchange to incorporate forex trades and so made their exchange accessible via MT4 and supplied cryptocurrency liquidity for brokers.
But once it was shut down, every broker that depended squarely upon BTC-e was left with no hedging options or market data to put a price on its crypto cfds.
Are short sales available? For many traders, shorting is a crucial strategy option, the lack of which can be a deal breaker with a potential broker. Many brokers tend to offer ‘long’ only since there are only a few hedging solutions when opening short trades.
As you see, investing in cryptocurrencies can be a truly lucrative venture for you but only if you get it right.
And a lot of that is down to which broker you decide to trade with.
Ready to start trading?
Trade with the cryptocurrency brokers listed above to make sure that your money is safe, you pick a broker with a stellar reputation and you keep the fees low. Excel at trading bitcoin by creating your own trading strategy.
These cryptocurrency brokers make it really easy to trade bitcoin and other coins. You don’t have to be a trading expert. It helps if you know what a blockchain is or how the ledger and transactions work, but this is all optional.
Sign up now and see for yourself how easy it is to get started.
Bitcoin broker list
Forex brokers that accept bitcoin deposit
Forex brokers that accept bitcoin deposit
The foreign exchange market is the biggest financial market in the world. It equally enjoys the most liquidity and is available for traders round the clock.
The development of the blockchain and cryptocurrencies has further given the forex market another new attractive dimension. Here you will find a list of forex brokers that accept bitcoin deposits.
- Forex broker list accepting bitcoin deposits in 2021
- What is bitcoin?
- Why use bitcoin?
- Pros and cons of using bitcoin with forex brokers
- The benefits of using bitcoin to fund your forex trading account
- Cons of trading forex with bitcoin
The rising recognition of bitcoin as an alternative investment asset has spurred many forex brokers to integrate bitcoin into their propositions.
Much recently, a lot of forex brokers have started accepting bitcoins for forex trading. Some are even accepting additional numbers of digital coins.
Some forex brokers integrate bitcoin as one of their forex trading deposit and withdrawal options.
With these brokers you can trade on a bitcoin-based account. Nonetheless, the features of these brokers may not be available to traders in countries with illegal restrictions.
Why should you trade forex with bitcoin deposits and what are the benefits and potential risks? We will explain all these questions and more in this article.
Forex broker list accepting bitcoin deposits 2021
| broker type | ECN |
| regulations | ASIC |
| min deposit | $200.00 |
| account base currency | USD, AUD, EUR, GBP, CAD, JPY, NZD,CHF, SGD, HKD |
| max leverage | 500:1 |
| trading platforms | metatrader 4/5, ctrader, webtrader, API trading, MAM / PAMM |
| broker type | ECN |
| regulations | IFSC |
| min deposit | $100.00 |
| account base curreny | USD, EUR, GBP, AUD, CAD, bitcoin, gold, bitcoin cash, litecoin, ethereum and XRP |
| max leverage | 200:1 |
| trading platforms | metatrader 4/5 |
| broker type | market maker non-dealing desk |
| regulations | ASIC, FCA, FSCA |
| min deposit | $0 |
| account base currency | USD AUD GBP EUR CHF JYP |
| max leverage | 500:1, EU clients 1:30 |
| trading platforms | metatrader 4, thinktrader, trade interceptor |
| broker type | market maker / ECN |
| regulations | IFSC, FCA, FSB |
| min deposit | $5.00 |
| account base currency | USD EUR GBP NGN |
| max leverage | 1:1000 |
| trading platforms | metatrader 4 and 5 |
| broker type | market maker |
| regulations | cysec, FSC |
| min deposit | $5.00 |
| account base currency | USD, EUR |
| max leverage | 1-1000, EU clients 1:30 |
| trading platforms | metatrader 4, webtrader, HOTFOREX FIX/API |
Bitcoin is a cryptocurrency and virtual money generated on the blockchain.
It is online money and can be used to purchase services and goods though not all shops allow it at the moment and you can’t use it in certain countries.
You must have seen a bitcoin in a photo before, but if it has no private code encoded in it, it is just a picture or object.
Just like in foreign exchange (forex), bitcoin (BTC) is commonly pegged to the U.S. Dollar.
However, unlike gold it’s not pegged to any particular asset. Currently, it is the most valued cryptocurrency and tops the trading table.
It was launched in 2009 and since then, the price has been rising and attracting forex traders to put it to good use.
You can now trade bitcoin through numerous forex brokerage platforms and online exchanges.
Be cautious though to choose trusted platforms with a good reputation of ensuring security of traders’ funds.
Since 2009 when it was developed, bitcoin now has a track record of value and future potential that you can use to develop trading strategies that will help you to properly manage your risks.
Bitcoin operates through a peer-to-peer structure in a decentralized system like the forex market. However, unlike forex, it is not under the control of any central authority like the central bank or government.
Therefore, you don’t face any taxes or related issues faced with fiat-money.
The way bitcoin transactions are being processed online and recorded through the public ledger system is equally beneficial to the trader.
As an investor, you may benefit also as the value keeps fluctuating and will make you a fortune if you sell at the right time at a profit.
How does bitcoin work?
A bitcoin is simply a computer file and you store them in a computer or smartphone app called a ‘digital wallet’.
You transfer your bitcoin(s) to people’s wallets and they do the same to yours and the platform records these trades in a public list known as the blockchain.
Hence, it is easy to trace the history of bitcoins and this prevents people from altering their transactions illegally or using someone else’s coins.
How can people get bitcoins?
You can obtain bitcoins through three major ways and these are:
- You can purchase with fiat currencies
- By selling things and receiving bitcoins payment from people.
- By creating one with a computer through a process known as bitcoin mining.
How are new bitcoins created?
To aid the functioning of the bitcoin system, people can utilize their computers to begin processing transactions to people in the network.
These computers solve extremely complicated arithmetic problems and the owners are frequently compensated with a bitcoin.
For this reason a lot of people referred to as bitcoin miners employ powerful computers in the process referred to as mining for a chance to get rewarded with bitcoins if they solve the completed arithmetic problem in the process.
To reduce the generation of more bitcoins at a quick rate, the arithmetic gets tougher and it could take you years to obtain a bitcoin if you begin mining now.
At times, you might end up paying a higher electric bill for your computer than the value of the bitcoin reward you get from mining.
Why do people want bitcoins?
Since banks and governments have no control over bitcoins, numerous people like this decentralized aspect of the coin.
Also, you engage in transactions anonymously and no one can know what your “account” is unless you inform them.
You can’t copy, make, fake or steal bitcoins easily since the record for transactions are made on the public ledger system. However, you can mistakenly delete your bitcoin wallet and lose your coins forever.
As the value of bitcoin keeps rising, some people think it’s unsafe to convert your real money because of unpredictable high volatility.
Many bitcoin holders have lost their coins due to activities of hackers on the platforms where they stored their digital money.
Best binary trading sites
Licensed bitcoin brokers list with the best platforms platforms. Today we will provide you with broker-dealer that have the quality you are looking for. Though, to find the legit cryptocurrency brokers with a licensed number, might be very challenging. This is because cryptocurrency has become one of the most lucrative online business that provide financial liberation unlike before. But the more cryptocurrency get popullar, the more scammers flood the online market. Therefore we dedicate our time to exposing these scammrs. And in this page, we give you the legit cryptocurency trading companies. We advice you to go ahead and choose from any of these regulated bitcoin brokers listed. Now check them out below and trust them. Remember, what we give you here is short review of bitcoin brokers usa worldwide. You can see more through the bellow link
Why you must choose from the list below
Above all, the revolutionary expert advisors are dubious because they don’t give a decent win rate. Most of them have an awful win rate which is way below the 50% mark.
Still they are advertised by their owners as the highest revolution that ever happened in the retail trading industry.
However this is why we want to let you know that all scams in this niche often use ostentatious claims to fool traders. They are not part of the licensed bitcoin brokers nor reliable at all. And that is why you should not be tricked with their offer.
On the same note, we are advising to traders who want to use licensed bitcoin brokers; binary options brokers; forex brokers/robots or some kind of training to look in the right places. However we spare you the rat race by searching for all expert advisors, then reviewing them and listing them down on a table. So do not panic because whatever you see here is noting but the true efforts with proven results to give you the bitcoin otc brokers.
So, let's see, what we have: best bitcoin trading sites: top brokers 2020 list of the best and safest brokers to invest in bitcoins and cryptos in 2020. Bitcoins are one of the most exciting investments today, at bitcoin broker list
Contents
- Top forex bonus list
- Best bitcoin trading sites: top brokers 2020
- List of the best and safest brokers to invest in bitcoins and cryptos in 2020.
- Secure and realiable CFD bitcoin brokers in 2020
- Best bitcoin broker
- Regulated broker
- Accounts
- Currencies
- Website
- Customer service
- The big bitcoin broker FAQ:
- Disclaimer:
- Bitcoin investing: compare accounts for buying & selling bitcoin
- How to choose an account for investing in bitcoin
- Look for a regulated provider who also offers bitcoin
- Compare the costs of investing in bitcoin
- Understand the risks involved in investing in bitcoin
- How do you invest in bitcoin?
- Bitcoin FAQ:
- What is bitcoin?
- How much is bitcoin worth?
- How does bitcoin work?
- How to get bitcoins
- Is bitcoin safe?
- Is bitcoin regulated by the FCA?
- Are bitcoin adverts real?
- Is bitcoin a scam?
- How to make money with bitcoin
- Where to buy bitcoin
- Is bitcoin legal?
- How to use bitcoin
- Is bitcoin a good investment?
- How to sell bitcoin
- Where can you get bitcoin investing ideas?
- Best online brokers for bitcoin trading
- Best bitcoin trading platform
- Pricing details
- Pricing details per exchange
- Final thoughts
- Read next
- Best bitcoin trading sites: top brokers 2020
- List of the best and safest brokers to invest in bitcoins and cryptos in 2020.
- Secure and realiable CFD bitcoin brokers in 2020
- Fxdailyreport.Com
- Regulated FX brokers that accept bitcoin for deposits/WD
- Best cryptocurrency brokers for 2021
- Best cryptocurrency brokers (non-US traders only)
- Plus500 – top rated trading platform
- IQ option – lowest minimum deposit ($10)
- Etoro – top crypto broker
- Highlow – best all-round crypto broker
- Nadex – US traders welcome
- Crypto brokers with most cryptocurrencies
- Lowest minimum deposit brokers
- Top rated brokers that have cryptocurrencies
- How to choose your cryptocurrency broker
- Which cryptocurrencies are you interested in trading?
- Pros and cons of cryptocurrency brokers
- Cryptocurrency brokers – what to look for
- More great features you could be interested in
- Ready to start trading?
- Bitcoin broker list
- Forex broker list accepting bitcoin deposits 2021
- Best binary trading sites
- Why you must choose from the list below
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