Bitcoin Brokers
- Who are Bitcoin Brokers?
- Best Bitcoin Brokers
- How to trade Bitcoin?
- What Brokers Trade Bitcoin?
- Which Brokers are offering Bitcoin Futures?
- Bitcoin Trading Brokers List
Who are Bitcoin Brokers?
Bitcoin Brokers offer trading of a Bitcoin (₿) the first Cryptocurrency invented back in 2008 and is a decentralized digital currency, eventually an open-source software based on blockchain technology.
- Being the first fully digital currency Bitcoin is a reward for a process known as mining while further it can be used like money, meaning to be exchanged for other currencies, products, or services. Moreover, Bitcoin transactions are done without intermediator parties like banks or individuals, allowing fast transfers with no fees.
Read more about Bitcoin via Wikipedia.
| 💰 Spread | Average USD Bitcoin 0.6-0.9% (45 pips) |
| 📈 Leverage | Yes |
| 📉 Positions | Sell and Buy |
| 🏦 Contract size | Micro Lot, Standard Lot (Depending on the broker) |
What is Bitcoin Trading Platform?
Platform to trade Bitcoin is a Platform which is provided by the Broker offering Bitcoin in its range, where the Trading Platform is configured for Bitcoin trading. See some of our important finds and notes to consider before signing up for Bitcoin Trading:
- To trade Bitcoin there are two options either Trading Real Bitcoin through the Exchange, where you need to purchase Bitcoin itself, create a Crypto wallet, and then trade it. Or, considering its very high price, which is not affordable for many traders now there is an easier option Trade CFD Bitcoin through a Broker offering this opportunity, where CFD Bitcoin can buy or sell the direction of the Bitcoin price without ownership of the instruments itself, also depositing or withdrawing in USD or other currency on your trading account.
- Bitcoin is one of the most volatile instruments with the potential promise of high returns Bitcoin trading is available 7 days a week with no weekends, which since its beginning reached high records estimating up to 70,000$ per Bitcoin.
- Many regulators and financial authorities warn investors about the trading of Bitcoin and alert the public about its use, Bitcoin continues to be a lucrative trading instrument and investment with high demand and very high volatility. Alike recently UK bans Crypto trading for Retail Traders. So we recommend learning more information via the regulatory website CFTC about Bitcoin and educating yourself on how to trade under high volatility conditions using smart risk management. ASIC guidance Cryptocurrencies.
| Bitcoin Trading Advantages | Bitcoin Trading Disadvantage |
|---|---|
| Accessibility and liquidity | Very high Price volatility and lack of inherent value |
| User anonymity and transparency | Regulatory restriction in many jurisdictions |
| Independence from a central authority | Not suitable for Beginners |
| High return potential | |
| 24/7 market access |
Top 5 Best Brokers for Bitcoin Trading
Below you will find our selected listing of the Best Reviewed Brokers with a good record and Bitcoin trading opportunities mainly offered on a CFDs basis among other Cryptocurrencies also with some narrowed ranking criteria.
- HFM– Best Overall Bitcoin Broker 2022
- BlackBull Markets – Best Low-Spread Bitcoin Broker 2022
- FP Markets – Best MT4 Bitcoin Broker 2022
- Pepperstone – Best Bitcoin Broker for Beginners 2022
- BDSwiss – Best EA Bitcoin Trading Broker 2022
How to Trade Bitcoin?
You can register your Crypto Wallet and Trade Bitcoin directly via exchange or trade simplified way via Bitcoin CFDs which is more affordable since traders can invest any amount willing to trade and benefit from Bitcoin fluctuations itself without ownership of a Bitcoin.
What Brokers Trade Bitcoin?
The majority of Forex brokers now offer Crypto and Bitcoin Trading, however on a CFD basis, means you do not own an asset but speculate on its price movement itself, also it allows lower investment for trading and use of leverage.
Which Brokers are offering Bitcoin Futures?
There are not many brokers offering Bitcoin Futures trading, see Interactive Brokers Review, and Crypto Exchanges like Binance, so check how to trade Bitcoin and regulated Brokers who offer Bitcoin.
The Complete List of Bitcoin Brokers
This is the complete list of reputable and regulated brokers that offer Online trading of Bitcoin on CFD basis that we reviewed and recommend for trading:
| Broker | Detail | |
|---|---|---|
 HFM
|
Min. Deposit: 0 US$ Max. Leverage: 1:30 | 1:2000 Trading Platforms: MT4, MT5, HFM Trading App Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA |
1
|
 BlackBull Markets
|
Min. Deposit: 0 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: FMA, FSA |
2
|
 FP Markets
|
Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: IRESS, MT4, MT5, cTrader Regulation: ASIC, CySEC, St. Vincent and the Grenadines, FSP |
3
|
 Pepperstone
|
Min. Deposit: 200 US$ Max. Leverage: 1:30 to 1:400 Trading Platforms: MT4, MT5, cTrader, TradingView Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN |
4
|
 BDSwiss
|
Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, BDSwiss Webtrader and App Regulation: FSC, FSA |
5
|
 FBS
|
Min. Deposit: 1 USD Max. Leverage: 1:3000 Trading Platforms: MT4, MT5, FBS trader Regulation: CySEC, FSC, FSCA, ASIC |
FBS Review |
 Eightcap
|
Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, TradingView Regulation: ASIC, SCB |
Eightcap Review |
 FXCC
|
Min. Deposit: No minimum deposit Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4 Regulation: CySEC, SVG FSA |
FXCC Review |
 Orbex
|
Min. Deposit: US$100 Max. Leverage: 1:500 Trading Platforms: MT4 Regulation: MFSC |
Orbex Review |
 OctaFX
|
Min. Deposit: $25 Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4, MT5 Regulation: CySEC |
OctaFX Review |