Cryptocurrency Forex Brokers

Cryptocurrencies are trading instruments that share a lot of similarities with the traditional currencies. Many retail foreign exchange brokers offer trading services in cryptocurrency pairs (in form of CFDs) on more favorable conditions compared to exchanges. The list below is similar to that of the Bitcoin FX brokers, except for the latter also includes companies that do not allow trading in BTC but support payments in that cryptocurrency. The brokers listed here usually offer such trading instruments as:

  • BTC/USD — Bitcoin vs. US dollar;
  • ETH/USD — Ethereum (or Ether) vs. US dollar;
  • XRP/USD — Ripple vs. US dollar;
  • LTC/USD — Litecoin vs. US dollar;
  • DASH/USD — Dash vs. US dollar;
  • ETH/BTC — Ethereum vs. Bitcoin;
  • BTC/EUR — Bitcoin vs. euro;
  • and so on.

However, not all of them permit funds deposit or withdrawal in cryptocurrencies. You will find 51 brokers listed in the table below.

Forex Broker Min. Account Size Broker Rating Min. Position Size Payment Max. Leverage Serious Regulation Spread US
FXTM $5 8.7 0.01 1:1000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
    • WebTrader
  • Countries
    CY GB KW NG
  • Regulation
    • CySEC, 185/12
    • FCA (UK), 600475
    • FSB (South Africa), 46614
    • IFSC (Belize), SC/60/345/TS and IFSC/60/345/APM.
Exness $1 7.2 0.01 1:2000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
    • Mobile Trading Platform
    • Web Trading
  • Countries
    CY VC
  • Regulation
    • CySEC, 178/12
    • FCA (UK), 730729
    • IFSA (St. Vincent and Grenadines), 21927
HYCM $50 7.5 0.02 1:325
  • Platforms
    • MetaTrader 4
    • Currenex Classic
  • Countries
    AE GB HK
  • Regulation
    • CySEC, 259/14
    • FCA (UK), 186171
RoboForex $1 7.4 0.01 1:500
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
    • cTrader
    • WebTrader
  • Countries
    CN EG GB HK ID LT LV MD MY NZ RO RU TH TW
  • Regulation
    • CySEC, 191/13
    • FSCL (New Zealand), 4148
    • FSP (New Zealand), 246525
    • IFSC (Belize), IFSC/60/271/TS/14
eToro $200 9.0 0.1 1:400
  • Platforms
    • eToro Platform
    • eToro Mobile Trader
  • Countries
    CN CY GB RU VG
  • Regulation
    • CySEC, 109/10
    • FCA (UK), FRN 583263
FXOpen $1 9.0 0.001 1:500
Forex4you $50 4.5 0.01 1:1000
Binary.com $10 - 0.01 1:1000
AMarkets $1 4.3 0.01 1:1000
AvaTrade $100 2.9 0.01 1:400
LiteForex $10 5.3 0.01 1:1000
easyMarkets $100 6.1 0.01 1:400
SimpleFX $1 - 0.01 1:500
Whaleclub $1 - 0.01 1:200
IQ Option $10 - 0.01 1:300
Interactive Brokers $10,000 - 0.25 1:100
Saxo Bank $5,000 4.6 0.05 1:200
IG $1 4.6 0.1 1:200
FIBOGroup $1 4.6 0.01 1:1000
Admiral Markets $200 7.4 0.01 1:500
UFX (ex-UFXMarkets) $100 6.6 0.01 1:200
AAAFx $300 3.0 0.01 1:500
Markets.com $100 4.7 0.01 1:200
HotForex $50 7.7 0.01 1:1000
Pepperstone $200 6.5 0.01 1:400
IC Markets $200 5.5 0.01 1:500
Grand Capital $10 6.4 0.01 1:500
Larson & Holz IT $250 - 0.01 1:500
ICM Capital $200 - 0.01 1:200
NordFX $5 7.0 0.01 1:1000
ThinkMarkets $250 3.3 0.01 1:400
FxNet $50 7.0 0.01 1:500
Tallinex $100 - 0.01 1:1000
ETX Capital $100 - 0.01 1:200
Tickmill $25 7.9 0.01 1:500
Forex.ee $10 - 0.01 1:500
FXPRIMUS $250 - 0.01 1:500
StoxMarket $1,000 1.0 0.01 1:500
AAATrade $500 - 0.1 1:200
JFD Brokers $500 - 0.01 1:400
1Broker BTC0.01 - 0.01 1:200
Circle Markets $10 - 0.01 1:500
TradeCMX $50 - 0.01 1:500
Swiss Markets $200 - 0.01 1:500
Markets Cube $5,000 - 0.01 1:100
Alpari $1 4.6 0.01 1:1000
Plus500 $100 4.2 0.005 1:50
XM.COM $5 5.1 0.01 1:888
Fort Financial Services $5 8.0 0.01 1:1000
Libertex (ex-Forex Club) $150 6.8 0.01 1:500
GKFX $1 8.4 0.01 1:400

The following points could sway you in favor of opening a trading account with a brokerage company offering cryptocurrency trading instruments:

  • You want to try yourself at cryptocurrency trading and you already have a Forex trading account with some retail company.
  • You are experienced Forex trader and you wish to apply the same tools and approaches you use with currencies to trading Bitcoin and altcoins. FX brokers would be more convenient for this than the traditional cryptocurrency exchanges.
  • You would like to diversify your cash holdings without moving them away from your preferred trading platform.
  • You seek a simple way to short cryptocurrency market.
  • You want to trade Bitcoin but are afraid of exchange hacking and your funds being stolen.