A cryptocurrency broker is an intermediary that allows you to acquire virtual currencies. The best cryptocurrency broker is the intermediary who makes it as easy as possible for its many users. And in this article, you will have the list of the best cryptocurrency brokers that have already proven themselves.
You should also know that by going to the platform or mobile application of a cryptocurrency broker, you are not obliged to buy cryptocurrencies directly in the form of tokens. Indeed, instead, these online brokers also allow you to buy Bitcoin and other cryptos in the form of contracts.
These contracts that you can subscribe to at an online cryptocurrency broker will be linked to the different virtual currencies you want to bet on, but without owning them. These are called CFDs for “Contract for difference”.
It is actually a financial derivative that allows you to bet up or down on cryptos. Thus, if you bet on the rise and you are right when closing your trading position then you are recording gains. These profits are then returned to you by the broker. On the other hand, if you made a mistake then you record a loss.
Now, here is the list of the best cryptocurrency brokers.eToro: the Best cryptocurrency broker
eToro is unquestionably the best cryptocurrency broker that allows you to acquire virtual currencies and bet on currency pairs. This broker has several significant advantages that make it the best cryptocurrency broker for social trading and forex trading. To start trading on eToro, you will need to open an account. Opening a trading account on eToro is very easy and even if you are a beginner, you will have no difficulty getting by.
Then there is the option to open a demo account to practice. Demo accounts are perfect for all beginners in trading. Nevertheless, if you already have experience, you can however turn to this type of account to take charge of the platform. Thanks to this, you will be able to refine some of your strategies before investing your money.
When it comes to trust, the best cryptocurrency broker eToro has also seduced its users. Indeed, it is the best cryptocurrency broker that is regulated by the FCA, CySEC and many other organizations. So if you have problems with the platform as an investor, you can approach the financial markets authority to win your case.
Over the years, eToro has significantly improved its trading platform and mobile app. Experienced and beginners in trading will then have no trouble doing CFD trading. They will also be able to carry out operations such as opening an account, reloading wallets in EUR or dollars and withdrawing without outside help.
Another guide: Chainlink. Discover on this article why the Chainlink is a project for the future? XTB: an alternative to the best cryptocurrency broker
As the best cryptocurrency broker mentioned above, XTB is also present in this comparison for many other good reasons. To begin with, this online broker is considered the best cryptocurrency broker by several French users, because it is also regulated by the FCA.
For its minimum deposit, you can deposit the amount you want, since it is even possible to trade with 0 euro. You will open a demo account and trade CFDs with virtual money offered by the platform.
The popularity of XTB is also due to its xStation 5 trading platform. It is an intuitive tool and really very simple to handle. Crypto trading becomes a breeze with this site whether you are a beginner or not. You can find a cryptocurrency in an instant. There is also a One-Click Trading feature that allows you to place orders instantly.
XTB’s customer service has managed to win the hearts of traders. They are quick in their answers and above all very effective. This makes it difficult to ask them a question and find yourself without any satisfactory answer.
Finally, on the platform, you will have access to cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum and Ripple as with other brokers. Libertex: the other alternative to the best cryptocurrency broker
To invest in a regulated trading site with confidence, you need to put the Libertex broker on your favorites list. This platform has been offering its services since 1997. It has been present on the stock markets for years without having been involved in fraud stories and this reassures novice traders enormously.
In addition, you should know that this broker offers its clients very competitive fees and commissions. For example, its commission on the EUR/USD currency pair is 0.008%. You also have the commission on eth/US Dollar which is 0.4%. For fees, there is nothing to pay on deposits and for withdrawals, it will depend on the payment methods you have chosen.
You can speculate on cryptocurrencies like Btc and stock indices in order to make a profit by opening a proprietary account on this trading site. The minimum deposit on your account is 100 euros and you can benefit from the volatility of cryptocurrencies on their trading site and on mobile apps like MT4 and MT5.
The best cryptocurrency broker is also the one that allows order execution in a few clicks. And Libertex offers it with its platform dedicated to beginners. To know how to choose your crypto when you invest, you will turn to the comparison of the best virtual currencies.
And if you don’t really know how to trade, you should choose a demo account and good training before investing your money on these platforms. Because trading is a very risky job and all serious brokers warn you of the danger. Bitcoin Trader: the best cryptocurrency broker for Bitcoin
For experienced traders who appreciate trading robots, Bitcoin Trader is the best cryptocurrency broker to trade with BTC. Opening a position and closing it is done live on this platform. If you are an investor who has no experience, this trading software takes care of everything as soon as you have opened your account and reloaded it.
In this comparison of the best brokers, this trading software is the only one that suggests trading your Bitcoins automatically. Trading operations are done automatically thanks to their robot. According to the information of the site, this robot can generate a minimum gain of 1,300 euros, but this remains to be verified.
And if you don’t have BTC, you can buy it on exchange platforms to top up your account. This purchase can be made by bank transfer, credit card and other means of payment. Leverage, trading plan, fundamental analysis, money management, technical indicators and even stop-loss will no longer be that complicated if you start trading with Bitcoin Trader.
By the way, by following this robot, you can also learn trading. Finally, you can also go to other brokers that are regulated by organizations like the AMF and trade directly with them if you want to test yet another cryptocurrency broker.
