<style type="text/css">.wpb_animate_when_almost_visible { opacity: 1; }</style>

Crypto Brokers – How to choose the best company

TOP 5 Rated Regulated BrokersJan 2018

Rank Broker Regulated As a regulated broker is regarded a company that comply with the requirements of regulatory bodies such as the European CySEC or the British FCA Expert ratings Expert ratings are purely based on experience of our visitors and our team members Min. deposit Special features What special advantages the company has in comparison to a competition Cryptocurrencies
4.8Read review $10
  • Best choice for long-term holding
  • Low swaps
BitcoinBitcoin CashBitcoin GoldDashEthereumEthereum ClassicIOTALitecoinRippleMoneroZcashOmisego Visit nowHighly volatile investment product. Your capital is at risk.
4.3Read review $100
  • Free demo account
  • Tight spreads
  • Long established company
BitcoinBitcoin CashEthereumLitecoinMoneroRippleIOTA Visit now
4.1Read review $100
  • Competitive swap rates
  • Trustable broker
BitcoinBitcoin CashDashEthereumEthereum ClassicLitecoinRipple Visit now
4.0Read review $100
  • Fully supports 20 languages
  • Deal Cancellation option
BitcoinEthereumLitecoin Visit now
3.6 Read review $250
  • Various trading platforms
  • Leverage up to 1:20
BitcoinBitcoin CashDashEthereumEthereum ClassicLitecoinMoneroRippleNEO Visit now

 General warning: When trading with real money, your capital might be at risk

The cryptocurrency market is more live than ever. If we want to get on the right track right from the beginning, we need to carefully choose our crypto broker. Every broker that offers crypto trading isn’t the same and if one broker meets requirements of one client, it does not mean that it will also meet yours. There are several aspects which we have to think about when we are choosing our cryptocurrency broker.

Top Crypto Broker: www.Plus500.com/crypto
Our Rating: (4.8 / 5) 1. Place in Russia
Risk Warning: Your capital might be at risk

Crypto brokers – Aspects to consider

Cryptocurrencies we want to trade

Initially, we have to find out whether a broker offers all the cryptocurrencies that we want to trade. Bitcoin, Ethereum and Litecoin are everywhere, but less popular cryptocurrencies like IOTA, Monero, Zcash and others might not be offered by every crypto broker. And if we plan to trade them at any point, we have to know whether we will have the possibility.

Leverage – Multiplying our capital

Cryptocurrencies are super volatile and their prices move extremely fast, making it possible for us to generate very good earnings even without using a leverage. If you think that you need to multiply your investment to earn even more, you should ask yourself – what leverage is the appropriate one? Isn’t the way in which cryptocurrencies move enough just as it is? Answer these and choose your crypto broker accordingly.

Negative balance protection – Necessity

You probably do not want to trade with a broker that does not include negative balance protection in the package. This feature will take care of the outcome which could happen when your position is taking heavy losses. You will never be able to lose more than you have invested.

Appropriate capital according to your options

How much do you plan to trade with? Does your crypto broker offer to trade with a small capital? Is it an obstacle for you? Or do you plan to trade in big in order to make that big money? Decide for yourself before you choose your cryptocurrency broker.

Spread – the lower the better

You can buy for example one unit of Ethereum for 394.01 $, but you can sell it back for 392.00$, the difference of 2.01$ is the spread which crypto brokers charge for providing the possibility to buy or sell cryptocurrencies at any time. Every broker has different spreads on different cryptocurrencies. If you trade BTC and the spread is 18 $, it is in case you buy the whole coin. But most of us will not buy the whole unit of BTC (the price is around 6 000$ now), but just a portion of it. So if you buy BTC worth of 100$, the spread will be for you 0,375$. 

1# Plus500 – Leading Cryptocurrency broker

Plus500 is a long established company with one the best trading conditions for cryptocurrencies. A real account can be opened with 100 dollar deposit, a demo version is free of charge. Plus500 has one of the most competitive spreads in the cryptocurrency industry. Traders who desire to use financial leverage can. Which means that you can trade with more money than you actually have. On Bitcoin and Ethereum the maximum leverage is 1:30, on Bitcoin Cash, Ripple, Litecoin, Dash, Monero 1:10 and on Zcash 1:5.

List of available cryptocurrencies (9): Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin, Ripple, NEO, Monero, Zcash

Risk Warning: Your capital might be at risk

2# IQ Option – The lowest trading requirements

IQ Option allows crypto trading on a real account from 10 dollars, or on a free practise account. IQ Option is one of the biggest brokers on the market with over 20 million accounts created in just under 2 years. They have the widest portfolio of cryptocurrencies which clients can trade. There are no fees apart from the spread for creating a crypto position. Leverage can be used, but only for Bitcoin and Ethereum (max. 1:10).

List of available cryptocurrencies (12): Bitcoin, Bitcoin Cash, Dash, Ethereum, Ethereum classic, IOTA, Litecoin, Ripple, Monero, Zcash, Omisego, Santiment.

Risk Warning: Your capital might be at risk

3# Markets – Most cryptocurrencies tradable against Euro

The company Markets represented by Arsenal Football Club and regulated by the CySEC also offers crypto trading. Real trading here starts from 100$, a demo account is for free. Markets unlike from Plus500 and IQ Options also allows trading certain cryptocurrencies against Euro. Markets has very low spreads and no commissions policy.

List of available cryptocurrencies (11): Bitcoin (vs USD and EUR), Bitcoin Cash, Dash (vs USD and EUR), Ethereum (vs USD and EUR), Ethereum classic, Litecoin (vs USD and EUR), Ripple

Risk Warning: Your capital might be at risk

Where to look for Spread

At Plus500 select in the menu “cryptocurrencies” and then double-click the digital currency for which you want to know the spread. An information table should appear (just like the one in the screenshot) where you will find desired information. At IQ Option you can find the spread right in the main table when you select your cryptocurrency (highlighted in the screenshot above). Spreads at Markets are displayed in the screenshot above.

Crypto Brokers – How to choose the best company
3.7 (73.33%) 3 votes