Why you should read broker review

 

RATINGSCOMPANYBROKER LOGOREGULATIONMAXIMUM LEVERAGESPREAD ON MAJORSMINIMUM DEPOSITPLATFORMREVIEWSINFO
TOP 1Exnessrobo-Logo
CySEC, FSA, FSCA, FCAUnlimitedFrom 0.0 pips$1MT4, MT5
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TOP 2ETH Profits
ETH-Profits-logo
N/A1:100Floating€10,000Proprietary trader
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TOP 3eToro
etro-Logo
CySEC, FCA, ASIC
1:30None$50Proprietary
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TOP 4
Cryptoneyx
Cryptoneyx Logo
N/A1:400Floating$10,000Proprietary
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TOP 5
Cryptogo365

Cryptogo365 Logo
N/A1:400Floating$250Proprietary
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TOP 6
TradeStation

FCA1:40Variable $1,000TradeStation platform

forex brokers List, Forex Brokers List
TOP 7
StormGain

nordfx-Logo
N/A1:200Variable
$10
Proprietary
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TOP 8
Bitstamp

bitstamp-Logo
CySEC
N/AVariable-Proprietary
Rate Now
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TOP 9
Huobi
huobi-Logo
N/A1:5
Variable-Proprietary

Rate Now
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TOP 10
BDSwiss
bdswiss-Logo
NFA, CySEC, FSC, BaFin, FSA
1:500
Variable$100
Proprietary, MT4, MT5
Rate NowInfo Icon
TOP 11
SimpleFX
SimpleFX-Logo
N/A1:500
Variable-MT4
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TOP 12
NordFX

nordfx-Logo
SEBI, VFSC1:1000
From 0.00$10
MT4
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TOP 13

Wisenex
NON/AN/A$200Wisenex platform

forex brokers List, Forex Brokers List

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

broker.

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.

Happy trading!

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