The best crypto exchanges for US bitcoin trading offer three essential benefits. The first, and most important, is robust security with two-factor authentication, cold storage, and integrated safe wallets. Second is a user-friendly website and platform. Third, they provide access to trading a variety of cryptocurrencies like Bitcoin and Ethereum. The best Forex brokers. (Safe & Buy Bitcoin CFD Brokers to. Plus – Top Rated? Binance is one – As we mentioned it might be safe How To Invest In and technologically advanced. May 06, · List of the best and safest brokers to invest in bitcoins and cryptos in Bitcoins are one of the most exciting investments today, particularly risky but with enormous earning potential. One of the best ways to invest in BTC today is to find a secure and reliable broker to trade: buy when the price is low, sell when the price is high.
Safest bitcoin brokerBest Bitcoin Trading Sites: Top Brokers
Commissions and Trading On Margin — An important thing to note while trading cryptocurrencies is that their prices tend to be more similar to equities than they are to real currencies. So your broker could be charging you commissions in addition to a wide spread on each trade.
That, of course, raises the cost probably a bit much for your liking. Another similarity with equities is that the margin conditions with cryptocurrencies are significantly more than they are with forex or CFDs. Consequently, leverage is usually up to 10x. How considerable the margin rate will be for traders is down to what trading strategies and risk management they subscribe to. Authenticity of Market Data — Aside from merely evaluating how it influences spreads, market data for cryptocurrency CFD prices can be a good indicator of how the quality of the product will be in the future.
One of the more recent examples of this is BTC-e which was an immensely popular platform for trading bitcoin before it was shut down by Feds. BTC-e was the first bitcoin exchange to incorporate forex trades and so made their exchange accessible via MT4 and supplied cryptocurrency liquidity for brokers. But once it was shut down, every broker that depended squarely upon BTC-e was left with no hedging options or market data to put a price on its crypto CFDs. Are Short Sales Available?
For many traders, shorting is a crucial strategy option, the lack of which can be a deal breaker with a potential broker. As you see, investing in cryptocurrencies can be a truly lucrative venture for you but only if you get it right. Trade with the cryptocurrency brokers listed above to make sure that your money is safe , you pick a broker with a stellar reputation and you keep the fees low. Excel at trading bitcoin by creating your own trading strategy. These cryptocurrency brokers make it really easy to trade bitcoin and other coins.
It helps if you know what a blockchain is or how the ledger and transactions work, but this is all optional. Degree in Economics and Finance. Professional day trader. Your email address will not be published. Never risk more, than you can afford losing. Trading carries a high level of risk, and we are not licensed to provide any investing advice. Understand the risks and check if the broker is licensed and regulated.
A percentage of the external links on this website are affiliate links and we may get compensated by our partners. We are not financial advisors. Do your own due diligence. This is an information website only.
This website is supported by its audience. We may get a commission. Binary options are prohibited in EEA. There are many cryptocurrency brokers that have these cryptocurrencies on their platform. You cannot withdraw any cryptocurrency You have to complete a questionnaire, upon sign up. Recently, Nadex started offering Bitcoin trading. Nadex Pros:. However, when it comes to selling your Bitcoin you will also need to pay a commission. This means that you will pay 1. As noted earlier, most of the Bitcoin brokers that we recommend on this page charge no trading commissions at all.
All Bitcoin brokers will charge a spread. There is often a trade-off between the spreads and commissions charged by Bitcoin brokers, so you need to check this before signing up.
For example, while a broker might not charge any commissions, you might find that its spreads are somewhat uncompetitive. Still confused how the investment process works at a Bitcoin broker? This unravels the end-to-end process of opening an account, depositing funds, buying Bitcoin, and crucially — cashing out your investment. Furthermore — and perhaps most importantly, regulated brokers are required to verify your identity before you can deposit funds. Once again, the process takes minutes. You will now need to add some funds to your newly created Bitcoin broker account.
You should also check whether or not the broker will charge you a fee on your chosen deposit method. Once your account has been funded, you are ready to buy Bitcoin. This will require you to set up a buy order, so be sure to follow the steps outlined below. Well, not until you decide to sell your Bitcoin — hopefully at a higher price than you paid.
If you do, you simply need to log back into your Bitcoin broker account, and then place a sell order. A few seconds later, you will no longer be holding Bitcoin, and the proceeds will be added to your cash balance. For example, while one broker might offer super-tight spreads and low commissions, it might not support your preferred payment method. As such, we would suggest reading through the guidelines below in your hunt for the best Bitcoin brokers of This particular point is non-negotiable.
Crucially, you must ensure that your chosen Bitcoin broker is regulated. This will ensure that you are able to buy and sell Bitcoin is a safe and secure environment. Check to see what payment methods the Bitcoin broker supports. Alternatively, most Bitcoin brokers allow you to deposit funds with a bank account. You will, however, need to wait a few days for the funds to clear. You are going to need to pay a fee of some sort when using a Bitcoin broker, so be sure to find out what this amounts to prior to signing up.
In an ideal world, you should use a broker that allows you to trade Bitcoin on a commission-free basis, alongside tight spreads.
It is important that you understand the underlying make-up of your Bitcoin investment. But, you will be able to apply leverage and short-sell Bitcoin, and the CFD broker will need to be heavily regulated. This might include handy videos, step-by-step guides, and even webinars.
If so, below you will find our top five Bitcoin brokers in Before you read through each of our five top picks, it is important to note that all of our recommended platforms meet the following criteria:. Launched in , Skilling has emerged to become one of the best trading platforms in the industry. The provider is regulated by CySEC and strictly confirms to their stringent codes of practice. Skilling focuses on forex, along with other financial instruments such as stocks, indices, and commodities.
Both the trading platform and app have simple features, making it suitable for beginners and professionals. If you are new to trading, the Skilling Trade Assistant can help you with resources and guides. The signup process is simple, fast, and straightforward.
All in the form of CFDs - this covers stocks, indices, commodities, and even cryptocurrencies. You will not pay a single penny in commission, and spreads are super-tight. Leverage facilities are also on offer - fully in-line with ESMA limits. Once again, this stands at on majors and on minors and exotics. If you are based outside of Europe or you are deemed to be a professional client, you will get even higher limits. Getting money into Capital. Visit Capital. The platform is regulated by three tier-one bodies.
As such, your funds are safe at all times. Once you've got funds into eToro, the buying process takes just minutes. In fact, eToro is one of the few brokers that gives you the option of buying 'actual' Bitcoin, or investing via CFDs.
If you opt for the former, you won't be able to apply leverage or go short. Instead, you'll need to invest through a CFD. Nevertheless, eToro does not charge any trading commissions -regardless of whether you are buying 'actual' Bitcoin or trading CFDs.
We also like eToro for its Copy Trading offering. This allows you to mirror the trades of other crypto investors, so it's perfect if you have little to no knowledge of the space..
Low Fees eToro is great for traders seeking zero-commission stock and ETF trades, an efficient platform, and access to copy trading. That said, there are hidden fees, education is sub-par, and eToro doesn't offer the same range of investments as traditional brokers. Although crypto fees are cheap, you can only withdraw your crypto assets with a dedicated eToro wallet. Kraken currently offers a web platform but does not have a mobile app.
Most Altcoins Bittrex was founded in Seattle, Washington in Offers Gemini Dollar Founded in by the Winklevoss twins, Gemini is a licensed digital asset exchange and custodian built for both individuals and institutions.
Ten additional coins can be added to a watch list. Robinhood Crypto is best-fitted for users who trade multiple classes of assets. Below is pricing information for each of the top online brokers for bitcoin trading. Each company uses a different structure. TradeStation's roots date back to the , when the company was formed under the name Omega Research. TradeStation Crypto features a simple pricing structure. TradeStation Crypto.
Coinbase - Coinbase. After launching its first product, it has since grown to service over 9 million users with an innovative platform that continually evolves to be one of the largest social networks globally, with clients in over countries. Blockchain fees are applicable for sending and receiving.
However, eToro does charge a conversion fee of 0. Minimum withdrawal amounts and fees are also imposed for each type of cryptocurrency.