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7 Big Bitcoin Forex Brokers

With the growing interest in Bitcoin as an investment asset, the number of Bitcoin transactions is growing。If you are interested in adding Bitcoin to your portfolio, consider the following 7 Forex brokers。

With the growing interest in Bitcoin as an investment asset, the number of Bitcoin transactions is growing。If you are interested in adding Bitcoin to your portfolio, consider the following 7 Forex brokers。

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As the number of users continues to increase, the number of merchants accepting Bitcoin continues to expand。As a result, many speculative investors are attracted to Bitcoin because they can buy it for value investment rather than as a payment medium.。

Although Bitcoin was not designed as a traditional investment asset, some speculative investors were attracted to the digital currency after its rapid appreciation in May 2011 and November 2013.。

Today, traders can also buy Bitcoin from exchanges and brokers。Some of the brokers that offer Bitcoin are:

  1. eToro: equipped with crypto wallet
    IG: Guaranteed Stop Loss for Cryptocurrency Trading
    XTB: Transact Bitcoin Anywhere, Anywhere with a Mobile App
    Forex.com: Traders can easily hold long and short positions without a wallet or exchange
    Dukascopy: Provides Cryptocurrency Leveraged CFDs Trading
    CMC Markets: Precise Pricing Ensures Traders Get More Accurate Cryptocurrency Trading Prices

In addition to providing quality Bitcoin trading services, these brokers have some other advantages, what else do you know??

Recommended Broker

In order to minimize the risk of the Bitcoin market, it is necessary to choose the right cryptocurrency broker。Liquidity, transaction costs, regulation and product availability are just some of the challenges and risks you may face when dealing with digital assets。Among many other forex brokers, the following are the most recommended cryptocurrency trading brokers:

eToro

eToro offers a comprehensive cryptocurrency trading platform with access to a variety of leading cryptocurrencies。With eToro, investors can easily buy and sell cryptocurrencies using innovative tools and features。

One notable feature is the eToro Money crypto wallet, which allows users to securely store their crypto assets within the platform, launching a full-featured crypto wallet.。This is eToro open source its proprietary code for decentralized exchange (DEX) trading as part of eToroX Labs Lira project。

As a regulated fintech leader, eToro prioritizes the safety and trust of its users, giving them peace of mind when engaging in cryptocurrency transactions.。It is worth noting that eToro charges a 1% fee for buying and selling crypto assets, which is included in the market price shown when opening or closing positions.。

In addition to cryptocurrencies, eToro has expanded its product range to include NFT trading, allowing users to explore and invest in the irreplaceable world of tokens.。With eToro's comprehensive trading options and commitment to security, it has become a popular choice for individuals seeking to engage in cryptocurrency and NFT trading.。


Founded in early 2007, eToro's mission is to make transactions available to anyone, anywhere, and to reduce reliance on traditional financial institutions.。The company has headquarters in the UK, Cyprus, USA and Australia。

eToro (Europe) Ltd operates as a financial services company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number: # 109 / 10。Meanwhile, eToro (UK) Ltd has been authorised and regulated by the Financial Conduct Authority (FCA) under licence number FRN 583263.。

eToro AUS Capital Pty Ltd's legal status is recognised by the Australian Securities and Investments Commission (ASIC) to provide financial services under Australian Financial Services Licence 491139。

eToro is a 4-digit type of broker that offers both short-term options for day traders and long-term options for investors, such as its innovative CopyPortfoliosTM, a fully managed thematic portfolio.。

Since 2007, eToro has been at the forefront of the fintech revolution.。The most recent is CopyPortfolio, launched in 2017 and powered by Machine Learning Al.。In addition to developing CopyPortfolio, the company is integrating Microsoft's machine learning technology into Momentum DD.。

The new CopyPortfolio investment strategy uses artificial intelligence to find the most stable traders most likely to generate double-digit returns and bundles traders into a fully managed portfolio.。eToro has hundreds of tradable financial assets across multiple categories, including equities, commodities, crypto assets, currencies, indices and ETFs。Each asset class has its own characteristics and can be traded using multiple investment strategies。

Some positions on eToro involve ownership of underlying assets, such as unleveraged positions in stocks and cryptocurrencies。Using CFDs will bring a variety of options, such as leveraged trading, short (sell) positions, partial ownership, etc.。For example, traders can invest as little as $100 in gold, even if a unit of gold costs $1,000.。Some of eToro's most popular CFDs commodities include gold, oil, gas, silver and platinum。

Currencies are traded only as CFDs on eToro。In addition, CFDs support sell (short) positions and leveraged trading, even for assets that do not offer this option in traditional trading。Some popular currencies include EUR / USD, GBP / USD, AUD / USD, USD / JPY and USD / CAD。

In addition, an exchange-traded fund (ETF) is a financial instrument consisting of multiple assets as a tradable fund.。After opening an account with eToro, traders can invest just $250 in a $500 ETF。Some popular ETFs on eToro include SPY, VXXB, TLT and HMMJ。

However, eToro also offers the added functionality of trading using CFDs, and all leveraged ETF positions in the UK are regulated by the FCA.。Meanwhile, all CFD positions executed by eToro Australia are regulated by ASIC。

The company has other advantages, in all tradable financial assets, eToro does not charge any margin or trading free of charge except for spreads.。

eToro charges $25 withdrawal fee with a minimum withdrawal amount of $50。Long (buy), non-leveraged cryptocurrency, equity and ETF positions are not executed as CFDs and do not incur any fees。However, eToro will charge overnight or weekend fees for CFD positions, such as leveraged positions and short (sell) orders.。

Fee updates are always applicable to open positions. Fees may change at any time and may change on a daily basis based on market conditions without further notice。

As a beginner, traders can use CopyTrading eToro。Unlike the characteristics of other brokers, traders can copy the strategies of professional traders without fees or profit sharing。As a result, 100% of the profit goes entirely to the trader.。For example, when Trader A is followed by Trader B, the profit for the month is 10%, then Trader B also makes a 10% profit.。

The company is the world's leading social trading network。Since eToro operates completely transparently, each trader has valuable information about their eToro profile, so other traders interested in copying their trades can get help in creating the best portfolio。

Another unique feature of eToro is personalized social news feeds。Just like on any social media, traders can post updates on feeds, comment on other people's posts, and gradually create feeds that suit traders "trading and investment interests.。On the eToro social trading platform, traders are also notified when they write new posts and many other important updates。

IG

IG allows you to leverage up and down markets, providing opportunities to profit regardless of market direction。

In addition, they offer guaranteed stops that allow you to protect your funds and limit potential losses。With 47 years of impressive trading experience as a FTSE 250 listing provider, IG has extensive expertise。

In addition, IG provides low spreads and ultra-fast order execution on its award-winning platform, ensuring the best trading conditions.。You can speculate on major cryptocurrencies or explore broader exposures through its Crypto 10 index CFDs。The Crypto 10 Index enables passive investors to invest in the future of cryptocurrencies without having to trade individual token pairs。

Finally, IG's platform allows you to trade directly from the chart and leverage powerful technical indicators for in-depth analysis, enhancing the trading experience and decision-making process.。


IG Markets is an online trading provider with decades of experience in the financial markets。Founded in 1974, the world's leading company has more than 178,000 customers worldwide as of 2019, covering more than 16,000 markets.。IG Markets is authorised and regulated by the Australian Securities and Investments Commission (ASIC)。In addition, IG Markets, founded in 1974, is one of the most cutting-edge online CFD brokers, and their services have expanded to 15 countries on five continents.。

As well as being known for its solid experience, IG Markets is also known for its truly broad range of trading tools。In fact, the broker has long been regarded as one of the most accomplished firms in providing clients with the most traded assets.。A wide selection of instruments includes forex pairs, 26 indices, over 12,000 stocks, hard and soft commodities, cryptocurrencies and other markets such as bonds, interest rates and options。

Forex trading in IG Markets is provided in two ways: CFD and DMA. The following are the conditions for each type of trading:

Forex CFD

  • Minimum spread: 0.6 o'clock
    Commission: None
    Platforms: Web, Mobile Apps, MT4, ProRealTime, L2 Dealer, Terminal, and API
    Transaction Size: Contracts
    Demo Account: Yes

Forex DMA

  • Minimum spread: No details
    Commission: From $10 per $1 million traded
    Platforms: Web, Mobile Apps, L2 Dealer, Terminal, and API
    Transaction size: lots
    Demo Account: No

All customers can use both trading methods。However, the DMA does not support trading in MetaTrader 4, nor does the client allow virtual trading in a demo account.。It is essentially a type of trading reserved for experienced traders, who are in great need of the best pricing in the market, as the DMA provides market depth from a range of exchanges (including the full market depth of the London Stock Exchange).。

Trading platforms in IG Markets are accessible via web, mobile app and desktop。They offer 2 main varieties: core platform and professional platform。Core platform for all types of transactions with DMA, ProRealTime access and Forex Direct add-ons; professional platforms include L2 Dealer, ProRealTime and MetaTrader 4。

The fees charged by the first two platforms include a minimum balance of $2000 and a monthly fee for stock data and Tier 2 price (for L2 Dealer), and a monthly platform fee of $40 and a monthly fee for stock data (for ProRealTime)。

There is no minimum balance requirement for IG Markets to open an account, it also offers no overnight interest accounts and customers do not have to pay any interest, rollover or overnight interest charges on overnight positions.。However, all costs and fees are factored into the spread, and the account is ideal for long-term traders who need to keep a position for days or even weeks.。

For beginners, IG Markets has established the IG Academy, offering interactive education and online trading courses。In this way, customers can master the financial markets through infographics, video presentations and trading highlights provided in after-school quizzes。Even better, IG Academy has been integrated into its mobile application, so customers can always understand the financial markets in a more effective way。

In summary, IG Markets is a client-friendly broker with over 40 years of experience to support its reputation, and their efforts and commitment to provide the best trading platform variety are proven in a unique core and professional platform.。

Less experienced traders can apply for a Forex CFD account in Core Platforms or MetaTrader 4, while professionals can get the best experience in the financial markets through IG Market's DMA trading and L2 Dealer or ProRealTime platforms。

XTB

XTB offers more than 10 cryptocurrency CFDs, giving traders access to popular cryptocurrencies such as Bitcoin, Ethereum, Stellar, Dogecoin, and more。XTB trading opportunities are not limited to weekdays, as the market remains open 24 / 7 and users can take advantage of price movements even on weekends。

Accessibility is a key feature, and XTB's mobile app provides convenient market access, enabling traders to monitor and execute trades anytime, anywhere。In addition, XTB transaction costs are low, and cryptocurrency transaction spreads are only 0.22%, ensuring competitive prices for users。

Another significant advantage is that because XTB is committed to strong security measures, it can guarantee that no funds will be lost due to hacking.。In addition, XTB prioritizes the security and transparency of user accounts, is regulated by the FSC, and provides a seamless experience for fast, secure deposits and withdrawals.。


XTB (renamed X-Trade since 2009) has more than 15 years of experience and is one of the world's largest brokers with offices in more than 10 countries including Belize, UK, Poland, Germany, Spain and France.。XTB Group is regulated by the world's largest regulatory bodies such as IFSC, FCA, KNF, CySEC。

As a regulated company, XTB keeps all of its retail clients' funds in completely separate accounts, meaning they are not mixed with the broker's working capital.。This gives traders registered with XTB the confidence to trade safely with their funds。

XTB is committed to providing convenient transactions anytime, anywhere, so the mobile app xStation was established。Traders can access the financial markets at their fingertips and choose from over 1,500 CFD markets, including 48 currency pairs, cryptocurrencies, 20 indices, commodities (gold, oil, silver, etc.), stocks and 60 ETFs from around the world.。The app can be downloaded in Google Play and the App Store。

Traders can also access their platform via personal computers。XTB provides a web trading platform that can provide more advanced tools for more advanced traders. It is fully compatible with Chrome, Firefox, Safari and Opera web browsers, providing traders with fast and reliable trade execution speed。The platform successfully presented XYB with the Online Personal Wealth Award 2016 Best Trading Platform and other awards.。MetaTrader 4 can also be used when trading in XTB。

XTB charges fees for foreign exchange, index and commodity transactions, the amount of which varies according to the type of account。For example, in a professional account, a trader must pay 3 per lot for Forex.$5 commission to pay 0 per lot for equity CFDs and ETF CFDs.Commission of 08%。

CFDs are complex instruments and have a high risk of rapid losses due to leverage。When trading, customers must prepare strategies。According to XTB, 75% of retail investor accounts lose money when trading CFDs。Clients should therefore consider their level of understanding of CFD trading and their ability to take high risks。

Traders can grow their knowledge by joining XTB's Trading Academy program。There is a wealth of content designed to help traders, including video tutorials, trading courses, articles and more。Traders can choose a topic from different levels of education and improve their skills at all stages of the trading journey。

In addition, XTB deposits funds in a variety of ways, including bank transfers, credit cards (Mastercard, Maestro, Visa) and e-wallets (Skrill, Paysafe, Neteller, etc.)。However, some of these methods may incur additional costs。For example, when using the Neteller method, traders must pay 1% of their deposit amount。

Traders can contact XTB's 24 / 7 customer support。They are always ready to answer all questions from traders and solve problems, whether via email, phone or live chat。

Overall, XTB is recommended as the ideal broker with top regulatory and trading platforms, and its educational features are also worth a glance, as many traders are still perfecting their consistency and continue to understand the dynamic changes in the foreign exchange market.。

FOREX.com

When trading cryptocurrencies in the form of CFDs, FOREX.com is a trusted and reliable choice。by FOREX.com trading cryptocurrency CFDs, traders can take advantage of the inherent volatility of cryptocurrencies。

With multiple options such as Bitcoin, Ethereum, Litecoin and Ripple, traders can easily hold long and short positions without the need for a wallet or exchange。

FOREX.com has 18 years of impressive experience and has become the market's leading provider of financial CFDs。The platform provides smart trading tools and consistently low prices to ensure customers get the best trading experience。


FOREX, also known as FOREX.com, one of the global market leaders in the financial industry。FOREX was founded in 2001 as part of GAIN Holdings and is dedicated to trading Forex and CFDs on the powerful trading platform and popular MetaTrader 4.。

Similar to its parent company, FOREX has been licensed by a number of financial regulators, including the U.S. Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA), the U.K. Financial Conduct Authority (FCA), investment industry regulators in Canada, and the Financial Services Agency of Japan.。

For traders in Southeast Asia and the Middle East, FOREX has been operating under the supervision of the Cayman Islands Monetary Authority.。

High-quality execution, transparency and competitive pricing per trade is FOREX.One of the most optimized services in com。As of the third quarter of 2019, the broker's total assets amounted to 12.$8.8 billion, with total customer assets of 8.$49.8 billion。

FOREX provides customers with the best freedom to trade in more than 300 global markets, including more than 80 foreign exchange currency pairs, more than 220 stocks, indices, commodities and cryptocurrencies。The spread of each asset is in FOREX..In real time on the official website of com, the spread of EUR / USD is as low as 0.8 o'clock。

For trading platforms, FOREX offers two main options: its internal platform and MetaTrader 4。Both types can be used on a variety of devices and can be accessed as web-based platforms and mobile applications。In addition, FOREX's proprietary platform is equipped with advanced charting tools such as more than 70 technical indicators, a large number of time intervals, multiple chart types, more than 50 drawing tools and customization functions。

FOREX.com's trading offers a variety of trading conditions to meet the needs of many types of traders。In addition to the service, FOREX also provides guidance and support in the form of real-time trading signals and analysis tools from Autochartist and Recognition; there are also trained market strategists working with them to develop trading plans and market analysis, so that customers can stay informed of the FOREX research team's real-time market insights and viable trading ideas。

Account capital injections and withdrawals can be made through bank transfers, however, no further details are available on the minimum amount for each process。FOREX also does not appear to offer other payment options such as credit cards or even electronic payments.。

In general, FOREX is a reliable Forex and CFD broker based on its regulations and long history since 2001。Customers can trade on the FOREX platform or MetaTrader 4 and enjoy competitive spreads and pricing。Despite this, Forex remains one of the top brokers in the brokerage industry, complying with the strict rules of renowned financial regulators.。

Some of its trading conditions may not be suitable for less experienced or less funded retail traders, however, FOREX.com still has one of the most complete repositories in financial transactions。

Dukascopy

Dukascopy offers leveraged CFDs trading in cryptocurrencies and their derivatives and valuation, offering unique opportunities for traders。Unlike traditional cryptocurrency purchases, cryptocurrency CFD trading allows speculative operations without the need for a digital wallet。

Dukascopy offers traders a range of benefits, including the ability to trade long and short positions, allowing them to profit from any price movement.。Leverage can also be used to enable traders to deposit funds below the contract size on cryptocurrencies, a feature that enhances flexibility and capital efficiency。

Secure transactions are another advantage because there is no need to store cryptocurrencies in a digital wallet, thereby improving network security。Dukascopy's regulatory compliance sets it apart from many other cryptocurrency providers that lack proper regulation。

Traders can also hedge their risk by opening short positions in actual digital currencies, effectively locking in prices。In addition, Dukascopy Bank offers deposit protection for up to 100,000 Swiss francs per customer against the risk of insolvency.。


Geneva-based Dukascopy Bank was founded in 2004 and provides trading instruments such as foreign exchange, metals, binary options, bond CFDs, commodities, indices, stocks, ETFs and cryptocurrencies through the same platform.。After the development of the Swiss foreign exchange market, Dukascopy obtained a Swiss banking license in 2010 and established Dukascopy Bank。

They try to provide trading services based on the following main principles: equal trading rights and a transparent pricing environment。Dukascopy is licensed in Switzerland through the Swiss Financial Market Supervisory Authority (FINMA) and in the EU through the Latvian Financial and Capital Markets Commission (FCMC)。

The ECN market represents the most advanced generation of liquidity aggregators in the industry。Dukascopy has unique technology to directly hedge any client's trades with other liquidity providers。The company is currently linked to Bank of America, Commerzbank, Nomura Securities, Barclays, Currenex, Deutsche Bank, JPMorgan Chase and other liquidity providers.。

All transactions are typically executed in milliseconds。Dukascopy provides the deepest source of liquidity in the industry, resulting in small spreads。

Opening an account with Dukascopy will allow you to trade on its proprietary platform called JForex, which is accessible via desktop and mobile devices.。In the desktop experience, traders have access to a variety of features, including hundreds of indicators, advanced charts, historical tests, real-time news and embedded customer support。

However, without pop-up charts or built-in complex desktops and watchlists, Dukascopy's customization is weak。The web version of Java-based software triggers security warnings in Chrome and other browsers, while the JForex mobile version allows easy synchronization between platforms。

Not only JForex, trading in Dukascopy also provides access to the MetaTrader 4 platform, which is appreciated by many traders around the world。It has key features like expert advisors and customizable templates。

In addition, Dukascopy offers two types of accounts, including Mobile Current Account (MCA) and Standard Current Account (SCA).。For private use, traders can choose between two account types; but for commercial use, SCA is more suitable。Dukascopy accepts a minimum order quantity of 1,000 units in the main currency。

Depending on the Dukascopy service used by the customer, a commission may be charged。Commissions and spreads are calculated through a decreasing rating system, with customers classified by monthly volume and net deposits。

Dukascopy has won several awards, including Best Forex Trading App 2019, Best Platform and Tool 2018, and Best Mobile Trading。In addition, the company also won the China (Shenzhen) Forex Expo "2018 Best Forex Bank," London Forex Show "2018 Best Forex ECN / STP Broker," IAFT Awards "2017 Best Liquidity Provider" and other awards.。

Traders will be able to fund their accounts in a variety of ways, including credit and debit cards, wire transfers and bank transfers。Dukascopy Bank offers bankruptcy risk protection of up to CHF 100,000 per customer。In addition to possible bank or credit card withdrawal fees, Dukascopy charges $20。

Dukascopy's customers have the opportunity to earn more profit through bonus programs, including equity bonuses, discount programs, experience sharing and anniversary bonuses。

The minimum deposit for a Dukascopy European account is $100, while Dukascopy Bank SA has a minimum deposit of $1,000 and accepts deposits in 23 currencies。Depending on the customer's profile and account type, some additional features are also available。

Dukascopy Bank provides a wide range of free financial information and other attractive resources through its website, Dukascopy TV online TV, Freeserv products, and an active online Dukascopy community with more than 130,000 members。Based on customer reviews, the product section and trading platform indicate limited "how-to" articles and videos about forex, CFDs, indices and cryptocurrency trading venues。

Dukascopy members can exchange trading experience, market views, trading strategies in multiple languages, can win prizes in various competitions, and communicate freely through the advanced and secure chat and video conference system developed by Dukascopy。

The company offers a 24 / 6 support team by phone and live chat, where traders can also email questions, and the team maintains an active social media portal as well as dedicated support forums for JForex and automated trading.。

Overall, Dukascopy is suitable for experienced and highly traded traders。Higher-than-average transaction costs can hurt beginner and retail accounts, having to look elsewhere to improve skills due to weak educational resources。

CMC Markets

When it comes to cryptocurrency trading, CMC Markets offers several key advantages, one of which stands out is precise pricing。CMC Markets aggregates pricing from 18 sources to ensure traders get more accurate trading prices。

In addition, due to fully automated and lightning-fast execution, traders can enjoy minimal slippage with execution speeds up to 0.0045 seconds; with 99.With a turnover rate of 9%, traders can rest assured that there will be no partial turnover or manual intervention by traders, regardless of the size of the trade.。

CMC Markets also prides itself on providing dedicated customer service, with its UK team assisting traders 24 / 5, an award-winning service that ensures traders are supported when they need it.。In addition, CMC Markets offers the option to trade cryptocurrency indices。

Finally, CMC Markets allows tax-free trading, allowing traders to enjoy the advantage of not having to pay capital gains tax on profits from cryptocurrency spread trading, providing potential tax savings.。

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