You can no longer go online without seeing something about Bitcoin, Ethereum or Cryptocurrency in general. But what is it really?
Cryptocurrencies are digital or virtual currencies that use cryptography to secure and verify transactions so that they act as a medium of exchange.
There are three characteristics that all cryptocurrencies have in common.
Below you will find a comprehensive list of some of the best Cryptocurrency brokers on the market. This list is not a ranking, but a comprehensive list of good discount brokers on the market.
Good luck and good trading. FXTM (ForexTime)
FXTM offers 24/7 support over multiple channels and in multiple languages. In addition, they offer great educational resources. This commitment to their clients is the reason why they are an award-winning broker. General Pros and Cons Pros Cons✔️❌Excellent customer serviceInactivity and withdrawal feesPowerful educational tools for beginner tradersHigh CFD feesFast account openingLimited product rangeAvaTrade
Avatrade is a broker that has won numerous awards. Some of them are “Best Customer Support”, “Best Warning System”, “Best Financial Derivatives Trading Provider” and “Best Forex Broker of the Year”.
It is one of the largest and most regulated online brokerage firms in the world; It is organized in 6 different jurisdictions and with offices around the world.
They also make more than 2 million transactions per month with over 200,000 customers worldwide.
Account opening is quick and easy with free deposit and withdrawal options.
Account opening is quick and easy with free deposit and withdrawal options.
They also offer customer support across multiple channels in multiple languages, and all of this makes this trader a good option for traders of all levels. General Pros and Cons Pros Cons✔️❌Easy and Fast account openingOnly CFDs, Forex and Crypto were offeredFree deposit and withdrawal optionsInactivity feeNo withdrawal fees Alpari
Alpari Financial Services Ltd (Alpari) is one of the world’s leading independent forex brokers, offering a wide range of products with a wide range of account types.
Also, they have a very good customer support team in more than 30 languages and multiple channels.
To complement its offerings, Alpari provides demo accounts and is also considered one of the best broker options for copy trading, so that the beginner trader can really learn and grow as a successful trader. General Pros and Cons Pros Cons✔️Low minimum depositLimited educational resourcesBest Broker for trading accountsLack of resource toolsVarious selection of tradable assetsHigh feesDemo accounts and social trading available for beginner tradersWithdrawal❌feesGood support in over 30 languages XM
XM has a great platform that can be endorsed by 1.5 million clients with traders in over 196 countries. Isn’t that impressive?
The popularity of the XM platform is that it is easy to use for beginner traders and also has enough features to appeal to experienced traders.
Another bonus for the less experienced trader is that XM offers a demo account with a large number of educational resources and 100,000 USD virtual currency for trading. General Pros and Cons✔️Pros Cons❌Great Educational toolsLimited product portfolioEasy and fast account openingInactivity fee after 90 daysNo withdrawal feesOnly average Forex feesLow minimum deposit FP Markets
FP Markets is a broker that really provides a lot of value to its clients.
Great educational tools, exceptional customer service, extensive product offerings, and great prices make the initial deposit worth it as you take a lot out of the relationship.
It is an ASIC-regulated STP broker with simple account options and an exciting set of tools for traders. General Pros and Cons Pros Cons✔️❌Great Educational toolsLimited portfolioGreat Customer ServiceWeb Platform needs some updatingGreat Product offerHigh fee for international bank withdrawalEasy and fast account opening Go Markets
GO Markets has a great deal of experience in the market and is known for providing exceptional research tools and analysis.
They also ensure that transactions are executed very quickly and efficiently, and offer low fees.
These qualities and more have made GO Markets a leading broker with a huge client base from over 150 countries.
GO Markets’ presentation of educational materials is also robust and appeals to less experienced traders. General Pros and Cons Pros Cons Low minimum depositOnly two types of accountsVery fast execution of trades✔️❌Good trading analysis tools offered Demo option available Low Forex fees XTB
Due to XTB’s proprietary trading platform, they are considered one of the leaders in the trading world.
Training Academies are top-notch with a range of great excellent educational resources.
Great customer service supports their already solid offerings. General Pros and Cons Pros ConsVery user-friendly award-winning platformLimited product portfolioFree and fast deposits✔️❌and withdrawalsNo website trading platformEducation AcademyInadequate supportLow trading fees No withdrawal fees Plus 500
Plus500 has an amazing, easy-to-use, web-based trading platform and a good selection of tools and instruments.
They are listed on the London Stock Exchange and offer low trading fees.
However, they could have done better in their educational and research offerings. General Pros and Cons Pros ConsEasy✔️❌, user-friendly platformLack of in-depth research toolsListed on the London Stock ExchangeOnly an average educational sectionLow trading feesLimited product range. CFD and Forex only
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eToro is a broker with an AAA-rated support rating through multiple channels and offers a wide range of languages.
He is one of the biggest and most recognizable names in the online trading market.
It makes it quick and easy to open an account with no deposit fees or minimum deposits. General Pros and Cons Pros Cons✔️❌When You Start Real TradingEasy and Fast Account OpeningWithdrawing Money is slow and expensiveNo deposit feesAccount only according to one currencyLow minimum depositHigh Forex feesIC Markets
With 500,000 transactions per day, they understandably have high attractiveness among high-volume traders.
IC Markets is also a favorite among copy traders because of its proprietary copy trading platform Zulutrade, which is one of the best in the market.
But IC Markets is not limited to copy trading and high volume. They offer many services and features designed for both beginners and experienced traders.
They have an excellent trading platform and a wide range of products, and they have a quality 24/7 support team across many channels that complement their offerings. General Pros and Cons Pros Cons Low Forex feesNo negative balance protectionEasy and fast account openingOnly Forex, crypto and CFD tradingFree deposits and withdrawals✔️❌Low minimum deposit IG
IG has quite a list of professionals with very good educational resources, excellent research and trading tools.