Bitcoin, the first and largest cryptocurrency, is one phenomenal instrument to trade. However, even though it is an ideal target for active traders, it is critical to engage these exciting markets by using only the best bitcoin brokers. The following are advantages of reliable forex and bitcoin brokers that will give you the edge you need to achieve sustainable profitability:

Working exclusively with great Bitcoin brokers is the all-important first step to engaging the market from a position of strength. Tight spreads, fair dealing, and a dedicated support team are must-haves when participating in the ultra-dynamic cryptocurrency environment.  

Top Bitcoin Brokers

If you are ready to take on the Bitcoin markets, you must first make sure to find the Bitcoin brokers that are suitable for your individual situation. Choose any from the following below:

Broker

Benefits

Regulation

Min. Deposit

Instruments

• Trade bitcoin 7 days a week
• Zero commission on bitcoin trades
• No withdrawal fees
• Advanced charts and technical analysis tools
• Free unlimited demo account

CySec
FSB

No deposit required

Litecoin (LTC)
Dash
Ether/Ethereum (ETH)
Bitcoin Cash
Ripple (XRP)
Ethereum Classic (ETC)

Open a Markets.com
Account Now!

• Free practice account

• Copy the Bitcoin trades of experienced popular investors
• Trade Bitcoin 24/7
• Failsafe flash crash protection on bitcoin
• Interact with a massive social trading community

CySec
FCA
ASIC

$200

Ether/Ethereum (ETH)
Litecoin (LTC)
Dash
Ripple (XRP)
Ethereum Classic (ETC)

Open an eToro
Account Now!

(Highly volatile unregulated investment product. Your capital is at risk)

This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

• Low spreads
• 24/5 dedicated account manager
• One click trade execution
• Desktop and mobile trading

CySec

$100

Ether/Ethereum (ETH)
Litecoin (LTC)
Dash

Open a TRADE.com
Account Now!

• Up to 1:20 leverage on bitcoin
• Ava debit card available
• Educational trading webinars
• Access to senior account analyst

EU – MiFID (by CBI)
Australia – ASIC
Japan (FSA)
BVI
South Africa (FSB)

$100

Ether/Ethereum (ETH)
Litecoin (LTC)
Dash
Ripple (XRP)
Ethereum Classic (ETC)

Open an AVATRADE
Account Now!

Advantages Of Using Only The Best Bitcoin Brokers

Bitcoin has grown exponentially since its creation and implementation in 2008-09. It has been an incredible instrument to trade, producing unheard-of returns on investment. Given dedication, desire, and the services of one or several of the best Bitcoin brokers, the sky’s the limit!  

Besides offering truly magnificent returns, trading Bitcoin presents these advantages:

• Largest market capitalization among cryptocurrencies
• World’s most liquid cryptocurrency
• Regarded as a dynamic safe haven asset and hedge against Central Bank and fiat currency failure
• Excellent way to diversify investment portfolios
• Traded even when other markets are closed – 24/7, 365 days a year

Perhaps the greatest of these advantages is the availability of market access. The market is always open for business, offering consistent volatility and trading opportunities. All that one needs to do is put together a short list of solid Bitcoin brokers, select one, and go to work!

How to Trade Bitcoin – A Flash Guide

Bitcoin is traded on the above-mentioned forex brokers’ trading platforms with CFDs (contracts for difference). It’s just as easy and efficient as trading forex pairs, commodities, and stocks. You can also use stop loss, take profit, and all the other entry orders offered by these brokers.

Aside from around-the-clock market access, the flexibility of order options is a supreme advantage of trading Bitcoin. The inherent volatility and liquidity of the instrument yield ideal market conditions for scalpers and intraday traders. Potentially large returns attract swing traders and long-term investors as well. No matter what type of trader you are, Bitcoin offers an opportunity for you to benefit.

Because of its volatility, Bitcoin is best traded by using moderate degrees of leverage, if any at all. Although the traditional buy-and-hold trading strategy has yielded exceptional results since Bitcoin’s launch, a wide variety of short and intermediate-term trading strategies are easily implemented. For more information on the strategic side of Bitcoin and cryptocurrency trading, check out the in-depth synopsis “How to Trade Bitcoin Trading Signals.”