Crypto Brokers List
|RATINGS||COMPANY||REGULATION||MAXIMUM LEVERAGE||SPREAD ON MAJORS||MINIMUM DEPOSIT||PLATFORM||REVIEWS||INFO|
|MT4, WebTrader||1:500||variable||$10||MT4, WebTrader|
|yes||up to 3X||fixed||£2||coinbase pro|
Crypto Brokers List
The crypto brokers list created by Finance Brokerage aims to provide all the information about
crypto brokers. Before you start trading cryptocurrencies such as BitCoin, Ethereum, LiteCoin,
and other popular cryptocurrencies you should have the full picture. Cryptos are becoming
increasingly popular, so having the right broker for such transactions is crucial. The blockchain
technology made crypto transactions rather straightforward and, in fact, almost anonymous. This
means that in some cases, depositing or withdrawing cryptocurrency does not require account
verification. This is exactly why you need to think twice while selecting a cryptocurrency
In fact, the crypto brokers listed above offer pairs between cryptocurrencies and fiat currencies
(legal currencies backed by the government that issued it), such as BTCUSD, ETHUSD,
LTCUSD. The most popular cryptos used in such pairs are Bitcoin (BTC), Ethereum (ETH) and
Litecoin (LTC). But most brokers from our Crypto Brokers List also do offer other currencies
like DASH, Ripple, NEO, and Stellar Lumens. The cryptocurrencies can be purchased with the
world’s major fiat currencies such as the EUR, GBP, and USD. The United States Dollar is the
world’s strongest currency and the most popular counter asset in the crypto pairs. Also, most
popular crypto pairs listings are on some trading platforms like MT4 and MT5. There you can
trade them exactly as you trade forex pairs.
Deposits and Withdrawals
As mentioned above, opening and withdrawing funds from an account is extremely simple and
typically involves filling out an online form. But in case you have selected a crypto forex broker
(one who allows the trade of both crypto and regular currencies) to trade with you, you still may
need to verify an account to trade other instruments from cryptos. Or you may need to open a
dedicated account to trade cryptocurrency assets. In recent years, some of the crypto brokers
developed special payment methods allowing clients to make deposits and withdrawals in most
cryptocurrencies, including the most popular: Bitcoin and Ethereum. In such cases, you, as the
crypto trader will only need to get a crypto wallet that enables you to hold your assets. The
crypto broker itself often provides these wallets.
If you want to make a deposit in cryptocurrency, you also must deposit it from your crypto
wallet. But depositing regular fiat currencies can be made by conventional methods. These
include bank wires, credit or debit cards, and e-wallets such as Skrill, Neteller, and WebMoney.
Criteria for Crypto Broker Selection
As in the case with forex or CFD brokers, certain important factors are considered. Particularly:
leverage/margin requirements, regulation, the security of transactions, and spreads.
As the European Securities and Markets Authority (ESMA) imposed 1:2 leverage trading crypto
in the EU became expensive. So, leverage positions are probably the most crucial factor while
selecting a crypto broker.
In case you value your security the most, “Crypto Forex Broker” can assure the top level of
transaction security. Also, institutions like FCA and FinCEN regulate most crypto-forex brokers.
Thus, enabling them to minimize risks.
Spreads are the trader’s cost. Thus, this cost must remain as low as possible. At the same time,
cryptocurrencies tend to have higher spreads than more common assets do have. This is the issue
that any crypto trade must acknowledge and consider because lower spreads mean higher income
for the trader.
Make sure to read all the reviews on crypto brokers list before picking one that fits you best.