Top 10 Forex Brokers Offering Cryptocurrencies 2019

by | Jan 23, 2019

Finding a legitimate forex broker offering cryptocurrency can be like navigating a minefield.

There are many inexperienced forex brokers that trade crypto as well as plenty of scammers who just want to take your money. On top of that, when you finally find a legitimate broker, you may end up disappointed with their service, professionalism or just their lack of trading options.

But it doesn’t have to be that way.

There are a number of reputable forex brokers out there that are the real thing and know how to handle cryptocurrency.

(This post is part of the best forex platform series)

best forex broker cryptocurrency

Top 10 Best Cryptocurrency Brokers 2019 (Forex Brokers offering Crypto)

Here are our top 10 best forex brokers for cryptocurrency trades.

  • Regulations: CySec, FCA, ASIC
  • Minimum deposit: $200
  • Platforms: Proprietary
  • InvestinGoal rank: 4.5/5

76% of retail CFD accounts lose money

1. eToro

eToro is a social trading platform that has been around since 2006 and has offices in London, Limassol and Tel Aviv. In recent years they have gained a lot of attention by being able to provide a top-quality service as a broker for forex and cryptocurrency trades. eToro currently offers traders 11 cryptocurrencies, which is a significant amount to choose from, and are managed by eToro’s expert investment committee. eToro also boasts there ability to offer traders near-immediate execution of orders, a rare feature.

  • Regulations: eToro (Europe) Ltd. authorised & regulated by CySEC (# 109/10); Toro (UK) Ltd authorised & regulated by the FCA (583263); eToro AUS Capital Pty Ltd. authorised by ASIC (491139). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:400
  • Minimum Deposit: Ranges between $200 to $10,000 depending on the region
  • Platforms: Webtrader, mobile (iOS and Android)
  • Headquarters: eToro (Europe) Ltd. is headquartered in Limassol, Cyprus
  • US Customers: Yes, but US clients may have significant limitations. US customers will need to deposit a minimum of $10,000
  • Other instruments: CFDs on indices, stocks, ETFs, commodities, bonds; cryptocurrency
Try ETORO with a demo account

76% of retail CFD accounts lose money

  • Regulations: SCB, FCA, FSB, CySEC, DFSA
  • Minimum deposit: $500
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4.5/5


71% of retail CFD accounts lose money

2. AvaTrade

AvaTrade is based in the Republic of Ireland and has been operating online since 2006. Currently, they’re in a partnership with Manchester City FC and have won numerous awards for their service since 2009. With AvaTrade, you can trade on over 250 instruments, including 24/7 cryptocurrency trading and vanilla options. Cryptocurrencies available for trade include Bitcoin, Ethereum, Litecoin, Ripple, and interestingly, EOS, which is rare to see. They are also regulated by a large number of different organizations around the world.

  • Regulations: AVA Trade EU Ltd regulated by the Central Bank of Ireland (No.C53877); AVA Trade Ltd regulated by the V.I Financial Services Commission; Ava Capital Markets Australia Pty Ltd regulated by ASIC (No.406684); Ava Capital Markets Pty regulated by the South African Financial Sector Conduct Authority (FSCA No.45984); Ava Trade Japan K.K. regulated by the FSA (No.1662) and the FFAJ (No.1574). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:30
  • Minimum Deposit: AUD $ 100, USD $ 100, £ 100, or € 100
  • Platforms: AvaTradeGo (mobile app), MT4, Mac Trading (specifically for Macs), Webtrader
  • Headquarters: AVA Trade EU Ltd is headquartered in Dublin, Republic of Ireland
  • US Customers: No
  • Other instruments: CFDs on indices, stocks, cryptocurrencies, commodities, options, ETFs
Try AVA TRADE with a demo account

71% of retail CFD accounts lose money

  • Regulations: ES, MAS, CySEC, FCA, ASIC
  • Minimum deposit: $100
  • Platforms: Plus500 Trading Platform
  • InvestinGoal rank: 4.2/5


76.4% of retail CFD accounts lose money

3. Plus500

Founded in 2008, Plus500’s main focus is to be no.1 CFD provider. Plus500 is currently the primary sponsor of Atlético de Madrid for the 2017-18 Europa League and have one of the highest rated CFD trading apps on Apple’s App Store and Google Play. With Plus500, you can trade nine different cryptocurrencies against the USD as well as trade Ethereum against Bitcoin. Plus500 is also listed for trading on the London Stock Exchange’s Main Market for Listed Companies.

  • Regulations: Plus500UK Ltd authorised & regulated by the FCA (509909); Plus500CY Ltd authorised & regulated by CySEC (250/14); Plus500SG Pte Ltd licensed by the MAS (CMS100648-1) and IE Singapore (PLUS/CBL/2018); Plus500AU Pty Ltd licensed by ASIC (417727), the FMA (486026), and authorised by the South African FSP (47546). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:30
  • Minimum Deposit: € 100
  • Platforms: Web platform, desktop (windows), mobile apps (iPhone/iPad, Android, Windows phone)
  • Headquarters: Plus500 Ltd. is headquartered in Haifa, Israel
  • US Customers: No
  • Other instruments: CFDs on indices, stocks, cryptocurrencies, commodities, options, ETFs
Try PLUS500 with a demo account

76.4% of retail CFD accounts lose money

  • Regulations: ASIC, FCA
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader,cAlgo
  • InvestinGoal rank: 4.8/5


78% of retail CFD accounts lose money

4. Pepperstone

Pepperstone is an Australian company that has been operating since 2010. Since then, they have been very successful in launching mobile apps and winning numerous awards over the last few years from the Investment Trends FX awards, including one for educational materials. With Pepperstone you can trade Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, and Ripple. Additionally, they are also regarded as one of the world’s largest MT4 FX brokers.

  • Regulations: Pepperstone Limited authorised & regulated by the FCA (684312); Pepperstone Group Limited registered with ASIC (414530). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: ECN, Market Maker
  • Leverage: 1:500
  • Minimum Deposit: $ 200
  • Platforms: MT4 (desktop, iPhone/iPad, Android), MT5 (desktop), cTrader (web platform, cAlgo, cTrader mobile)
  • Headquarters: Pepperstone Group Limited is headquartered in Melbourne, Australia
  • US Customers: No
  • Other instruments: CFDs on indices, commodities, cryptocurrency
Try PEPPERSTONE with a demo account

78% of retail CFD accounts lose money

  • Regulations: FSB, CySEC, ASIC
  • Minimum deposit: $100
  • Platforms: Markets.com Platform
  • InvestinGoal rank: 3.8/5


76.6% of retail CFD accounts lose money

5. Markets.com

Markets.com is another Cyprus-based broker that boasts an enormous 5 million registered users and over 2,200 markets to trade on, which is very significant. They are also operated by Safecap, a subsidiary company of Playtech PLC, which is traded on the London Stock Exchange. Cryptocurrencies available to trade include Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, and Ripple. Traders can also trade with Markets.com with their mobile app, available on both Google Play and the App Store.

  • Regulations: Safecap Investments Limited regulated by CySEC (092/08) and regulated by the FSCA (43906); Tradetech Markets (Australia) Pty Ltd licensed by ASIC (424008). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:300
  • Minimum Deposit: $ 100, € 100 or £ 100
  • Platforms: Web platform (web, Android and iOS mobiles and tablets)
  • Headquarters: Safecap Investments Limited is headquartered in Nicosia, Cyprus
  • US Customers: No
  • Other instruments: CFDs on metals, energies, indices, commodities, bonds, shares, ETFS, blends, cryptocurrency, IPOs
Try MARKETS.COM with a demo account

76.6% of retail CFD accounts lose money

  • Regulations: FCA, IFSC, KNF, CNMV
  • Minimum deposit: $250
  • Platforms: MT4, xStation5
  • InvestinGoal rank: 4.3/5


79% of retail CFD accounts lose money

6. XTB

XTB has offices in more than 10 countries including Belize, UK, Poland, Germany, Spain, and France. For 2018, XTB has been voted the highest rated FX & CFD Broker by the Wealth & Finance International Awards and offers traders access to over 1,500 markets. In their 12 years of service, they have accumulated a number of awards, including some from Forbes and Bloomberg. With XTB, you can trade Bitcoin, Dash, Litecoin, Ethereum, and Ripple.

  • Regulations: XTB International Limited authorised & regulated by the IFSC (IFSC/60/413/TS/17); XTB Limited authorised & regulated by the FCA (522157) and by CySEC (169/12); X-Trade Brokers DM SA authorised & regulated by the KNF; XTB Sucursal authorised & regulated by the CNMV. (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:200
  • Minimum Deposit: £ 250, € 250 or $ 250
  • Platforms: MT4, xStation 5
  • Headquarters: XTB Group is headquartered in Warsaw, Poland
  • US Customers: No
  • Other instruments: CFDs on stock indices, commodities, ETFs, cryptocurrency
Try XTB with a demo account

79% of retail CFD accounts lose money

  • Regulations: FCA, ASIC
  • Minimum deposit: $250
  • Platforms: MT4, L2 Dealer
  • InvestinGoal rank: 4.5/5


81% of retail CFD accounts lose money

7. IG Markets

Operating since 1974, IG Markets are primarily focused on spread betting and CFDs. They offer traders six cryptocurrencies including Bitcoin, which is quite a significant number for an established broker. They also have an active trading community, including a forum where traders share ideas, which is quite useful for beginners.

  • Regulations: In the UK by the Financial Conduct Authority (FCA)
  • Type: Market maker
  • Leverage: Ranges from 2:1 at the lowest to 200:1 at the highest for depending on the country you are located in and the asset you are trading
  • Minimum Deposit: £250 or the equivalent in different currencies
  • Headquarters: London, UK
  • US Customers: Yes, but only through Nadex.com, American traders cannot use the same service as much of the rest of the world
  • Other instruments: Spread betting, CFDs, forex
Try IG MARKETS with a demo account

81% of retail CFD accounts lose money

  • Regulations: HCMC
  • Minimum deposit: $300
  • Platforms: ZTP, MT4, Zulutrade
  • InvestinGoal rank: 3.9/5


74% of retail CFD accounts lose money

8. AAAFX

AAAFx is based in Greece and has been operating since 2008. It is incorporated with the ZuluTrade Forex signals programs and systems, as the company is owned by them, which makes their service more instant and precise when making trades. With AAAFx, you can trade Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple. AAAFx also has mobile apps for iOS and Android.

  • Regulations: AAAFx regulated by the HCMC (no. 2/540/17.2.2010). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: STP, ECN
  • Leverage: 1:30
  • Minimum Deposit: $ 300, € 250, ¥ 35,000, £ 200, Fr 250, AUD 370 or BGN 500, depending where you are based
  • Platforms: ZTP (webtrader), MT4, ZuluTrade
  • Headquarters: AAAFx is headquartered in Athens, Greece
  • US Customers: No
  • Other instruments: CFDs on cryptocurrency
Try AAAFX with a demo account

74% of retail CFD accounts lose money

  • Regulations: ASIC, FCA
  • Minimum deposit: $200
  • Platforms: MT4
  • InvestinGoal rank: 4.3/5


74% of retail CFD accounts lose money

9. AxiTrader

Founded in 2007 in Sydney, they primarily have offices in the UK and Australia. AxiTrader is compatible across a number of devices and offers MT4 for both Android and iPhone. They also claim to have a 24-hour support team available in your time zone and in your language and a 30-day free demo. Currently, AxiTrader offers traders CFDs on Bitcoin with a max trade of 10 lots and a leverage of 2:1, and is a good place to start for people who want to experiment with it.

  • Regulations: AxiTrader UK is authorised & regulated by the FCA (509746); AxiCorp Financial Services Pty Ltd is authorised & regulated by ASIC (318232). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: ECN, Market Maker
  • Leverage: 1:400
  • Minimum Deposit: $ 200
  • Platforms: MT4 (PC and Mac, webtrader, mobile), MT4 NexGen
  • Headquarters: AxiCorp Limited is headquartered in London, UK
  • US Customers: Accepts US clients through its American subsidiary, AxiTrader USA. Bear in mind the services offered may not be the same
  • Other instruments: Spread betting; CFDs on commodities, gold, silver and metals, oil, indices, Bitcoin
Try AXITRADER with a demo account

74% of retail CFD accounts lose money

  • Regulations: CySEC
  • Minimum deposit: $500
  • Platforms: UFX MassInsights Technology, ParagonEX Web Trader 4.0, Trading App UFX
  • InvestinGoal rank: 3.9/5


68.4% of retail CFD accounts lose money

10. UFX

UFX is also based in Cyprus and has a clear focus on Bitcoin CDFs. They have received a number of awards over the past couple of years from UK Forex awards, The European Awards, and FX Report Awards. Traders can also take advantage of UFX’s MassInsights™   enabled technology, which can stream news, market events, and trader behavior. Cryptocurrencies available to trade include Bitcoin, Ethereum, Litecoin, and Ripple.

  • Regulations: Reliantco Investments Limited authorised & regulated by CySEC (127/10); UFX Global Limited regulated by the VFSC. (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker, STP
  • Leverage: 1:400
  • Minimum Deposit: $ 100
  • Platforms: MT4, web platform, UFX Trading App (iOS, Android)
  • Headquarters: Reliantco Investments Limited is headquartered in Limassol, Cyprus
  • US Customers: No
  • Other instruments: CFDs on indices, ETFs, stocks, commodities, futures, cryptocurrency
Try UFX with a demo account

68.4% of retail CFD accounts lose money