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How to Choose the Best Cryptocurrency Broker

Trading cryptocurrencies like bitcoin, ether (Ethereum), Litecoin, dash, and ripple (XRP), has recently produced unheard-of returns. However, cryptocurrencies are dynamic, volatile instruments, and need to be handled prudently, in the most optimal way. To accomplish this, the first important step is to choose a reliable, well-established forex broker to facilitate your cryptocurrency trades.

In order to trade cryptocurrencies profitably, you must have superb execution speed, razor-thin spreads, a robust trading platform, and deep liquidity pools. The following brokers offer these features and much more:

Broker
Benefits
Regulation
Min. Deposit
Instruments

Markets logo

  • Trade cryptocurrencies 24/7
  • No deposit required
  • Zero commission and no withdrawal fees
CySec
FSB
No deposit required
Bitcoin (BTC/USD)
Litecoin (LTC/USD)
Dash (DASH/USD)
Ethereum (ETH/USD)

  • No leverage – it’s like owning the cryptocurrency
  • Failsafe flash crash protection
  • Positions stay open overnight and over the weekend
  • Trade 24/7
  • No additional fees on long trades. Additional fees apply for short trades.
CySec
FCA
ASIC
$200
Bitcoin, BCH
Ether (Ethereum), ETC
Litecoin, Ripple
Dash, NEO,
XLM, EOS
Highly volatile unregulated investment product. Your capital is at risk.

  • Up to 1:20 leverage on bitcoin
  • 7 cryptocurrencies offered!
  • Positions stay open overnight and over the weekend
EU – MiFID (by CBI)
Australia – ASIC
Japan (FSA)
BVI
South Africa (FSB)
$100
Bitcoin
Ether (Ethereum)
Ethereum Classic (ETC)
Litecoin (LTC)
Ripple (XRP)
Dash

TRADE.com logo

  • Low spreads
  • Leverage on cryptocurrencies
  • Zero commission
CySec
$100
Bitcoin
Ether (Ethereum)
Dash
Litecoin

FX Leaders Cryptocurrency Broker Review

When trading cryptocurrencies, it is really important to team up with a trustworthy forex broker who is regulated by at least one reliable financial authority.
Other aspects of cryptocurrency trading like the spread (cost of trading), leverage (gearing), and the range of cryptocurrencies offered, should also be considered when selecting a suitable broker for your specific crypto trading needs. Take a look at what these remarkable cryptocurrency brokers have to offer:

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Markets.com
Redefining ‘Dynamic’
Markets.com now offers to trade on four major cryptocurrencies – litecoin, ether, dash, and bitcoin. Markets.com’s advantages on cryptocurrency trading include:
  • Web and mobile trading platforms
  • Tight spreads
  • Superior trading tools and charting
  • Live streaming news feed
  • Trade cryptocurrencies 24/7, Mondays to Saturdays
  • Zero commission and no withdrawal fees
Markets.com offers excellent trading tools, platforms, and other features, to give their clients the trading ‘edge’. What are you waiting for? Trade cryptocurrencies with Markets.com now!

eToro
Setting the Standard in Cryptocurrency Trading
With eToro, the world’s largest and most established social broker, you can trade several cryptocurrencies with the following advantages:
  • No commission or rollover charges on long (buy) trades
  • Competitive spreads
  • Failsafe flash crash protection
  • Trade cryptocurrencies 24/7, 365 days a year
  • Copy cryptocurrency specialists’ trades for free
  • Earn commission on cryptocurrency trades as a popular investor
With more than 6,000,000 registered users, eToro is the giant leader of the retail trading industry. This dynamic social broker is dedicated to providing its members with the best trading experience possible. Start trading cryptocurrencies and hundreds of other assets on eToro’s social trading platform today!
Highly volatile unregulated investment product. Your capital is at risk.

logo

Avatrade
The Veteran Award-Winning Broker
Avatrade offers CFD trading on all the major cryptocurrencies. The advantages Avatrade offers on trading cryptocurrencies include:
  • Avatrade is a safe and regulated broker – regulated by 5 institutions
  • No commission or additional fees (above the spread) on
    cryptocurrency trades
  • Fast and reliable trade execution
  • Top-class customer service
  • Trade 7 cryptocurrencies on MT4 or AvaTraderACT
Avatrade has taken the retail trading industry by storm. With a wide range of financial instruments including the 7 most prominent cryptocurrencies, this broker has equipped thousands of traders with some of the best trading tools and platforms available. Start trading cryptocurrencies with Avatrade today!

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TRADE.com
The Ultimate Trading Experience!
TRADE.com is proud to offer bitcoin, ether, litecoin, and dash. Trade.com offers the following advantages when trading these cryptocurrencies:
  • Low spreads
  • Zero commission
  • Choose between Webtrader and MT4 platforms
TRADE.com is a trusted forex brand who provides immaculate support and service to its clients. Traders will not only enjoy excellent trading conditions but also TRADE.com’s Markets Outlook, Education Centre, Economic Calendar, and Advanced Charting Software. cryptocurrencies with TRADE.com today!

Establishing Value: The Cryptocurrency Broker And Trader

The first decentralized cryptocurrency, Bitcoin (BTC), was invented in 2008 by the pseudonymous Satoshi Nakamoto. A mysterious figure, Nakamoto sought to develop a decentralised peer-to-peer electronic system for the transfer of digital money.

Instead of a central banking authority being commissioned with the task of determining policy facing digital currencies, a cryptographic mechanism combined with blockchain technology is used. In this fashion, the money supply may be controlled as well as all transactions in the crypto space. In theory, current market values are determined freely by the trader and cryptocurrency broker, not a formal central bank or government.

Without any need of an official administrator, Bitcoin proved to be an innovation in global commerce. Within a decade, the performance and valuation of BTC exceeded the wildest dreams of even the most ambitious cryptocurrency broker.

Leading Cryptocurrencies And Altcoins

After Bitcoin, various forms of cryptocurrency were established implementing the same (or similar) blockchain technology used by Bitcoin. Known simply as “altcoins,” many of the cutting-edge offerings in the crypto space are fantastic targets for active traders. Today, several of the leading names in crypto are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH).

Over the course of their history, several cryptocurrencies have achieved unimaginable gains. Perhaps the most refined example of this phenomenon has been the performance of Bitcoin. On June 12, 2017, under a decade since inception, a single BTC achieved the market price of $2975. For the time, this was a staggering valuation. It represented a nominal return of more than 371 million percent on the 2010 price of $0.0008 per BTC.

However, the BTC pricing of June 2017 proved to be merely the tip of the iceberg. Investors continued to contact their participating cryptocurrency broker to get in on the action. Values peaked at nearly $20,000 per BTC by the end of 2017, achieving worldwide notoriety in the process.

Trading Cryptocurrencies

Of course, such gains in asset value come at the cost of pricing stability. Cryptocurrencies are extremely volatile and exciting instruments to trade. Breaking news, regulatory issues, and rumors often dictate market behavior. To achieve sustainable profitability in the crypto space, you must be up on current events and ready to assume risk from a disciplined perspective. 

The crucial first step on your path to profitability is to ensure that you have a robust platform and operational framework in place. Simply put, make sure you team up with the right cryptocurrency broker to leverage your chances of success!