Born in , now Etoro is a leading broker which used to introduce Bitcoin trading in and added other cryptocurrencies in With its headquarters located in Israel, it serves residents of over countries including the UK, Australia, and other countries of Europe and other parts of the world. Best Forex Brokers for Crypto Trading. eToro - Best overall for crypto trading. Swissquote - Trusted global brand, CFDs and underlying. IG - Flexible trading, Crypto 10 Index. XTB - Excellent customer service. 24crypto.de - Competitive pricing on crypto CFDs. Dukascopy - . Dec 22, · One of the most popular Bitcoin brokers in the online space is that of Coinbase. The overarching reason for this is that the platform makes it super-easy to buy Bitcoin with an everyday debit or credit card. However, Coinbase charges handsomely for its services.
Best broker to buy bitcoin7 Best Forex Brokers to Buy Bitcoin in - 24crypto.de
This unravels the end-to-end process of opening an account, depositing funds, buying Bitcoin, and crucially — cashing out your investment.
Furthermore — and perhaps most importantly, regulated brokers are required to verify your identity before you can deposit funds. Once again, the process takes minutes. You will now need to add some funds to your newly created Bitcoin broker account. You should also check whether or not the broker will charge you a fee on your chosen deposit method.
Once your account has been funded, you are ready to buy Bitcoin. This will require you to set up a buy order, so be sure to follow the steps outlined below. Well, not until you decide to sell your Bitcoin — hopefully at a higher price than you paid. If you do, you simply need to log back into your Bitcoin broker account, and then place a sell order. A few seconds later, you will no longer be holding Bitcoin, and the proceeds will be added to your cash balance.
For example, while one broker might offer super-tight spreads and low commissions, it might not support your preferred payment method. As such, we would suggest reading through the guidelines below in your hunt for the best Bitcoin brokers of This particular point is non-negotiable. Crucially, you must ensure that your chosen Bitcoin broker is regulated. This will ensure that you are able to buy and sell Bitcoin is a safe and secure environment. Check to see what payment methods the Bitcoin broker supports.
Alternatively, most Bitcoin brokers allow you to deposit funds with a bank account. You will, however, need to wait a few days for the funds to clear.
You are going to need to pay a fee of some sort when using a Bitcoin broker, so be sure to find out what this amounts to prior to signing up.
In an ideal world, you should use a broker that allows you to trade Bitcoin on a commission-free basis, alongside tight spreads. It is important that you understand the underlying make-up of your Bitcoin investment. But, you will be able to apply leverage and short-sell Bitcoin, and the CFD broker will need to be heavily regulated. This might include handy videos, step-by-step guides, and even webinars.
If so, below you will find our top five Bitcoin brokers in Before you read through each of our five top picks, it is important to note that all of our recommended platforms meet the following criteria:.
Launched in , Skilling has emerged to become one of the best trading platforms in the industry. The provider is regulated by CySEC and strictly confirms to their stringent codes of practice. Skilling focuses on forex, along with other financial instruments such as stocks, indices, and commodities.
Both the trading platform and app have simple features, making it suitable for beginners and professionals. If you are new to trading, the Skilling Trade Assistant can help you with resources and guides.
The signup process is simple, fast, and straightforward. All in the form of CFDs - this covers stocks, indices, commodities, and even cryptocurrencies.
You will not pay a single penny in commission, and spreads are super-tight. Leverage facilities are also on offer - fully in-line with ESMA limits. Once again, this stands at on majors and on minors and exotics. If you are based outside of Europe or you are deemed to be a professional client, you will get even higher limits. Getting money into Capital. Visit Capital. The platform is regulated by three tier-one bodies. As such, your funds are safe at all times. Once you've got funds into eToro, the buying process takes just minutes.
In fact, eToro is one of the few brokers that gives you the option of buying 'actual' Bitcoin, or investing via CFDs. If you opt for the former, you won't be able to apply leverage or go short. Instead, you'll need to invest through a CFD.
Nevertheless, eToro does not charge any trading commissions -regardless of whether you are buying 'actual' Bitcoin or trading CFDs. We also like eToro for its Copy Trading offering. This allows you to mirror the trades of other crypto investors, so it's perfect if you have little to no knowledge of the space.. As the name suggests, EuropeFX is a specialist forex broker. With that said, the platform also supports CFDs in the form of shares, indices, cryptocurrencies, and commodities.
If you want to trade via your standard web browser, the broker also offers its own native platform - EuroTrader 2. In terms of fees, EuropeFX offers super-tight spreads on major pairs. Your money is safe at all times, not least because the broker is authorized and licensed by CySEC.
Visit EuropeFX In conclusion, the online trading space is now jam-packed with Bitcoin brokers. It was founded in in SF and offers not only trading options but also buying, selling, and storing cryptocurrency in the built-in wallet. Coinbase supports trading of such basic coins as Bitcoin, Litecoin, and Ethereum as well as many other tokens. Moreover, there are two trading venues including a standard web portal dashboard and advanced Coinbase Pro.
The last venue offers a depth of book which is also more expensive to use but provides more details on prices, liquidity, and other factors. Moreover, there are lower trading costs and a more extensive range of order types. Thanks to the Android and iOS apps created by Coinbase company, it is possible to trade on the mobile phone with the same comfort.
According to the official website of this broker, trading has evolved with its launch in Evolve Markets is a broker where users can trade Bitcoin and over 10 other cryptocurrencies as well as over 50 fiat currencies on different markets. However, both deposits and withdrawals are accepted only in BTC and Litecoin and are free from fees.
The minimum amount to withdraw is 0. It guarantees the ease of access thanks to MT5 Webtrader developed especially for this purpose. There is a web, desktop and mobile version of the trading platform for the comfort of every trader.
Unfortunately, US citizens are restricted to access it. It is possible to trade 45 cryptocurrency pairs on Evolve Markets. If you are a novice trader, it is possible to try a demo account, while registering on the platform, there is no need to pass through the identity verification.
Trading fees depend on the trading platform Metatrader 4 or Metatrader 5 as well as the currency traded. Crypto is traded with the fee of 0. Founded in , Simple FX is a non-regulated broker which is known for simplicity and power of trading. It is a CFD trading tool which can be accessed from any device including mobile ones — there are native apps for Android and iOS. The platform is suitable for beginners as well thanks to the number of benefits it has.
It allows for creating multicurrency accounts and does not set up minimum deposits. The utmost security is achieved due to 2-factor authentication, while the protection against negative balance will prevent users from poor consequences.
The platform can communicate directly with the crypto wallet of the user and there are no transaction fees. The number of withdrawal methods is smaller excluding Buy Crypto. The platform offers novice traders to open a demo account and try trading with play money, while the affiliate program suggested will help to increase profits too.
There is over a dozen of countries restricted on the platform, so check them before registering. What makes Plus broker trustworthy is the security level it provides. It is possible to trade not only on a computer or through the web version since there are mobile apps for user comfort too.
Moreover, the broker provides negative balance protection, sends free emails and notifications on market events and alerts on percentage changes and price movement. There are over 2, tools to be used by traders while trading fees are quite low too. The commission is absent since everything is included in the spread being a difference between the bid and ask prices. Most of the services provided by the broker are free for users, but there are additional trading fees applied to trading overnight, guaranteed stop loss, and inactivity fee.
There is a possibility to earn thanks to the affiliate program too. One of the directions of Playtech is financial trading technology which is performed on Markets. There are two types of trading supported: Forex and CFD ones. When it comes to trading fees, this broker can be referred to reasonably priced ones. The fees are built in a spread about 0.
The deposit and withdrawal fees are absent too, while funds can be sent to the platform from a debit and credit card, bank wire transfer, PayPal, Skrill, and Neteller.
There are fixed spreads on trading pairs and a great number of tools. For example, there are charts with over 90 indicators for comfortable and successful trading. The broker supports 9 fiat currencies, 5 cryptocurrencies and many other trading assets about 2, in total — trading 55 pairs.
One more great benefit of this broker is powerful big data and quantitative analysis tools. However, if you are a newbie in trading, there is a free demo version to begin with. The website is available in 9 languages and there are high security and privacy standards. The platform is easy to navigate and offers alerts, email, and push notifications to set up.
Customer Support is available via the chat, email, and phone, but you cannot reach it on weekends. It was founded in and most of its employees are residents of countries of the former CIS.
Nowadays, it operates in over countries, has licenses of 9 regulators and is a member of 4 trading platforms. There are multiple financial instruments to trade on the platform and cryptocurrencies are among them too. It is possible to offer accounts of 4 types:. There is a unique feature of the broker called Alpari Cashback, where traders are given bonuses for any activity.
It is possible to deposit money via bank wire transfers, credit and debit cards, electronic transfers, WebMoney, MoneyBookers, Qiwi, Yandex Money, Skrill, Neteller etc. The affiliate program is supported by the broker as well. The results will detail the regulatory status, or lack thereof of the name searched. Trading cryptocurrencies such as Bitcoin is extremely risky because of many factors.
Also, what makes cryptocurrency risky is the high volatility that occurs in cryptocurrency markets. Only risk capital that you can afford to lose should be available towards investments in cryptocurrency, and numerous precautions should be understood to avoid loss of assets or fraud. These are the reasons why we suggest only using a regulated cryptocurrency broker.
During our latest annual review for , eToro was the forex broker that allows you to trade the most cryptocurrency pairs available. Conversely, traders that wish to purchase the underlying physical bitcoin can find eToro is a great option, followed by Swissquote Bank. To speculate that the price of bitcoin will fall, a trader can open a forex brokerage account with a broker that offers the ability to sell bitcoin as a contract for difference CFD.
By placing a trade such as a sell to open order, by going short bitcoin, a trader expects to profit from a decline in the price of bitcoin. In contrast, a price increase would cause a loss to a trader that has sold bitcoin and has a short position. This type of view may be needed to remain invested in bitcoin due to the volatility that Bitcoin prices exhibit. Long-term cryptocurrency investors will usually buy the underlying actual physical bitcoin.
Contracts for Difference CFDs are not ideal for holding long term because of the financing charges typically involved, because of the available leveraged when trading bitcoin CFDs.
Therefore, holding the underlying is best for long-term investing, while bitcoin CFDs can be ideal for short-term traders. The costs and fees involved to buy bitcoin vary across brokers. Fees for buying bitcoin can become quite high across many websites and un-regulated exchanges, which is why we only suggest using a highly-regulated broker.
The best brokers for buying bitcoin will have low commissions and tight spreads, to help trades save on fees when buying bitcoin. For our Forex Broker Review we assessed, rated, and ranked 27 international forex brokers.
Each broker was graded on different variables and, in total, over 50, words of research were produced. While encouraged, broker participation was optional. Each broker had the opportunity to complete an in-depth data profile and provide executive time live in person or over the web for an annual update meeting.
All data submitted by brokers is hand-checked for accuracy. Ultimately, our rigorous data validation process yields an error rate of less than. Learn more about how we test. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument.
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.