Commodities Webinar

Crypto Brokers List

RATINGSCOMPANYBROKER LOGOREGULATIONMAXIMUM LEVERAGESPREAD ON MAJORSMINIMUM DEPOSITPLATFORMREVIEWSINFO
TOP 1Exnessexness-Logo
CySEC, FSA, FSCA, FCAUnlimitedFrom 0.0 pips$1MT4, MT5
Info Icon
TOP 2ETH Profits
ETH-Profits-logo
N/A1:100Floating€10,000Proprietary trader
Info Icon
TOP 3eToro
etro-Logo
CySEC, FCA, ASIC
1:30None$50Proprietary
Info Icon
TOP 4
Cryptoneyx
Cryptoneyx Logo
N/A1:400Floating$10,000Proprietary
Info Icon
TOP 5
Cryptogo365

Cryptogo365 Logo
N/A1:400Floating$250Proprietary
Info Icon
TOP 6
TradeStation
tradeStation
FCA1:40Variable $1,000TradeStation platform

forex brokers List, Forex Brokers List
TOP 7
StormGain

nordfx-Logo
N/A1:200Variable
$10
Proprietary
Info Icon
TOP 8
Bitstamp

bitstamp-Logo
CySEC
N/AVariable-Proprietary
Rate Now
Info Icon
TOP 9
Huobi
huobi-Logo
N/A1:5
Variable-Proprietary

Rate Now
Info Icon
TOP 10
BDSwiss
bdswiss-Logo
NFA, CySEC, FSC, BaFin, FSA
1:500
Variable$100
Proprietary, MT4, MT5
Rate NowInfo Icon
TOP 11
SimpleFX
SimpleFX-Logo
N/A1:500
Variable-MT4
Info Icon
TOP 12
NordFX

nordfx-Logo
SEBI, VFSC1:1000
From 0.00$10
MT4
Info Icon
TOP 13

Wisenex
wisenexNON/AN/A$200Wisenex platform

forex brokers List, Forex Brokers List

 

Crypto brokers differ from standard brokers, unsurprisingly, in the fact that they are more crypto-focused. However, they also differ from crypto exchanges, as they rarely offer underlying asset ownership and have a different feature set. This leads to a somewhat more limited but much more streamlined experience. For instance, you don’t need to bother with wallets, nor do you have to go through the crypto-fiat conversion process to get your money.

As such, crypto brokers are unique companies for traders who want a hassle-free way of speculating on crypto. Our crypto broker list acknowledges that and strives to find the best service provider for that kind of trader particularly. Here, we’d like to tell you more about our approach.

Trader Safety

The crypto market is still in a grey area for global regulators. As such, you can seldom rely on watchdogs to keep you safe in the space. But safety comes first in finance, so those looking for a crypto CFD broker may be in a conundrum.

However, there’s a fairly simple solution to that problem. We inspect every company on our crypto trading broker list thoroughly. We look at factors such as:

  • Company history
  • Clarity and truthfulness
  • Founders and cooperators
  • Support structure
  • Website and platform cybersecurity measures
  • Account protection measures
  • Off-site broker behaviour

And many more indicators unique to every crypto broker. That way, we weed out malicious companies with a high degree of accuracy and push them to the bottom of our list. As such, you can be sure that going for one of our top entries will mean you’re entering an entirely safe trading environment.

Crypto Variety

Cryptocurrency has become a buzzword recently, so CFD brokers tend to include a couple of digital currencies in their asset selection and call themselves crypto brokers. We know that’s not what you’re looking for.

When determining the best broker for crypto, we make sure it has a wide selection of coins to speculate on.

We consider the top crypto assets absolutely necessary. A crypto broker without BTC, ETH, USDT, XRP, DOGE and other similarly popular options isn’t really a crypto broker. Beyond that, many crypto traders like to earn their money from the large windfalls that more obscure coins can bring. As such, we also expect the companies on the list to have a base of at least fifty lesser-known options.

That way, you can have a full crypto trading experience without struggling with exchanges and their complexities.

Features and Brokerage Potency

Without underlying asset ownership, crypto brokers can’t offer the same benefits that crypto exchanges can. As such, you won’t be able to stake currency or buy anything directly with crypto.

However, they do replace them with other features that can better your trading experience. Again, we need to apply a unique judging criterion.

Perhaps the primary thing here is the employment of leverage and margins. And, of course, the higher the leverage, the better the score the broker earns from us. However, if you’re a trader, do be careful with the degree of leverage you apply to your trades.

Platform

The broker’s platform is another thing we take a close look at. The trading platforms usually offer a much more streamlined experience than those in exchanges. We look for an intuitive platform with numerous chart types and indicators, different order execution, and customization. Extra features like built-in news, signals, analysis tools, and deposits are also welcome.

Fees and Spreads

A huge advantage of using a broker over an exchange is the absence of gas fees and much lower costs when withdrawing your money. We judge our list entries on their overall fee structure, including their spreads or trading costs and other possible charges such as overnight fees or withdrawal commissions. Of course, the lower the fees, the better.

Other Asset Availability

It’s rare for someone to be a crypto trader exclusively. And another advantage of crypto brokers over exchanges is that they can offer instruments from other classes.

As such, while it isn’t a primary evaluation benchmark, we do value brokers that can help you create a full portfolio.

Supplementary Features

Finding the best crypto CFD broker means looking for a mix of potency and comfort. We value anything that a broker does that’s out of the norm but increases either. These can be bonuses, account managers, custom accounts, and much more.

Account Structure

Every broker has a unique approach regarding accounts. We check to see that there are no trap accounts that serve to push you into investing more than you’re comfortable with. If all account options seem about worth their deposit requirement, the broker gets a good grade.

Customer Support

A universally huge aspect of user satisfaction for any business, we consider a good support structure that much more crucial for crypto brokers. You can’t be the best broker for crypto trading if you don’t care for your customers.

We reach out with a test issue and measure responsiveness, attitude, and capability. We always choose a simple issue, as not to load the support workers, but also because any capable support team should be able to deal with it quickly.

Additionally, we value multiple outlets, such as emails, phone lines, live chats, and social media presence.

How Do You Choose the Perfect Crypto Broker?

We’re confident that all of the brokers near the top of our list are excellent options. However, choosing the right one for you may require a bit of nuance.

To find the best broker to trade crypto with, we encourage you to go through our reviews one by one. Additionally, check the actual broker’s websites and services.

Perhaps one looks clearer than the other or offers a demo account. Perhaps one offers a super-obscure coin that you can’t find elsewhere. Maybe a platform for one feels better than the rest, or you’d like a full portfolio, and one offers the most non-crypto assets.

You get the point. Choosing between the top entries on our best crypto broker list is a matter of preference and testing each option out for yourself.

Our list has the best of the best, and we’re sure your dream crypto broker is in there. All that’s left is for you to find it.

  • Support
  • Platform
  • Spread
  • Trading Instrument
Comments Rating 0 (0 reviews)