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 82 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), 777911
    • 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
RoboForex $1 5.0 0.01 1:1000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
    • cTrader
    • WebTrader
    • R Trader
  • Countries
    CN CZ 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
FXOpen $1 8.3 0.001 1:500
  • Platforms
    • MetaTrader 4
  • Countries
    AU GB KN RU
  • Regulation
    • ASIC, 412871
    • FCA (UK), 579202
IQ Option $10 - 0.01 1:300
  • Platforms
    • IQ Option
  • Countries
    CY
  • Regulation
    • CySEC, 247/14
Binary.com $10 - 0.01 1:1000
AMarkets $1 7.5 0.01 1:1000
Forex4you $50 7.6 0.01 1:1000
AvaTrade $100 3.0 0.01 1:400
LiteForex $10 5.3 0.01 1:500
Videforex $250 - 0.01 1:100
eToro $200 9.2 0.1 1:400
SimpleFX $1 - 0.01 1:500
Whaleclub $1 - 0.01 1:200
easyMarkets $100 6.1 0.01 1:400
City Index $250 - 0.01 1:400
Forex.com $250 6.4 0.1 1:200
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
CMC Markets $1 - 0.0002 1:500
iFOREX (Vestle) $100 4.2 0.01 1:400
FIBOGroup $1 7.3 0.01 1:1000
ActivTrades $100 7.4 0.01 1:400
DeltaStock $100 - 0.01 1:200
One Financial Markets $250 - 0.01 1:400
Finq (ex-ForexYard) $100 - 0.01 1:300
Admiral Markets $200 8.7 0.01 1:500
UFX $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 7.8 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
DF Markets $1 - 0.01 1:200
Larson & Holz IT $250 - 0.01 1:500
ICM Capital $200 - 0.01 1:200
NordFX $10 7.0 0.01 1:1000
TradingForex.com $50 - 0 1:500
ThinkMarkets $250 2.8 0.01 1:400
FxNet $50 7.0 0.01 1:500
Tallinex $100 - 0.01 1:1000
Weltrade $25 10 0.01 1:500
Traders Trust $50 - 0.01 1:500
Swissquote $1,000 - 0.1 1:100
TenkoFX $10 9.3 0.01 1:500
ETX Capital $100 - 0.01 1:200
Tickmill $25 8.0 0.01 1:500
Forex.ee $10 - 0.01 1:500
FXPRIMUS $250 - 0.01 1:500
ADS Prime $200 - 0.01 1:500
StoxMarket $1,000 1.0 0.01 1:500
AAATrade $500 - 0.01 1:200
Hamford Capital (ex-ECN PRIME) $25 - 0.01 1:1000
FX Giants $100 - 0.01 1:500
JFD Brokers $500 7.0 0.01 1:400
1Broker BTC0.01 - 0.01 1:200
CMS Trader $500 - 0.01 1:400
Circle Markets $100 - 0.01 1:500
TradeCMX $50 - 0.01 1:500
Swiss Markets $200 - 0.01 1:500
World Forex $1 - 0.01 1:500
Markets Cube $5,000 - 0.01 1:100
Markets Invest $250 - 0.01 1:1000
ATFX $200 - 0.01 1:400
AMEGA $1 - 0.01 1:1000
Big Boss $100 - 0.01 1:555
WiseTrader $250 - 0.01 1:400
Capital Street FX $100 - 0.01 1:3500
Coinexx $7 10 0.01 1:500
Alpari $1 4.5 0.01 1:1000
Dukascopy $100 4.9 0.001 1:300
HYCM $50 7.8 0.02 1:325
Libertex $1 6.7 0.01 1:600
OctaFX $100 6.7 0.01 1:500
PaxForex $10 9.3 0.01 1:500
Plus500 $100 4.2 0.005 1:50
Vantage FX $100 4.0 0.01 1:500
XM.COM $5 4.9 0.01 1:888
Fort Financial Services $5 9.1 0.01 1:1000
GKFX $1 7.8 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.