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Bitcoin Brokers

  1. What is Bitcoin Trading?
  2. What is a Bitcoin Trading Platform?
  3. Top 5 Best Brokers for Bitcoin Trading
  4. How to Choose a Bitcoin Trading Broker
  5. The Complete List of Bitcoin Brokers
  6. Regulation and Legal Considerations in Bitcoin Trading
  7. Popular Bitcoin Trading Strategies
  8. Risks Involved in Bitcoin Trading
  9. Benefits of Bitcoin Trading
  10. Bitcoin Trading Fees Spreads and Trading Costs
  11. Frequently Asked Questions

What is Bitcoin Trading?

Bitcoin () is 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. Further, it can be used like money, which means it can be exchanged for other currencies, products, or services. Moreover, Bitcoin transactions are made without intermediary parties, such as banks or individuals, allowing fast transfers with no fees.
  • The restricted supply of Bitcoin is one of its main features. The developer of the Bitcoin cryptocurrency, Satoshi Nakamoto, created it with a cap to restrict its supply. Bitcoin has a maximum supply of 21 million.

Read more about Bitcoin via Wikipedia.

What is a Bitcoin Trading Platform?

A Bitcoin trading platform is offered by a broker that includes Bitcoin among its tradable instruments. See some of our finds and notes to consider before signing up for Bitcoin Trading:

  • If you wish to trade Bitcoin, there are two options: Trade Real Bitcoin through the Cryptocurrency Exchange (like Coinbase, ByBit, or Binance), where you need to create a Crypto wallet and purchase Bitcoin itself to start trading. However, considering Bitcoin’s high price, unaffordable for many traders, there is an easier option: trade CFD Bitcoin through a Broker offering this opportunity, speculating on price movements without owning the asset.
  • Bitcoin is one of the most volatile instruments with rapid changes in price and is a highly capitalized instrument with high potential and promise of returns. Bitcoin trading is available 7 days a week with no weekends. Its all-time high price reached approximately $125,000 per coin in October 2025.
  • Many regulators and financial authorities warn investors about Bitcoin trading. Bitcoin is a lucrative trading instrument with high demand and very high volatility. Recently, the UK banned Crypto trading for Retail Traders. Thus, it is essential to learn more via the regulatory website CFTC about Bitcoin and educate yourself on how to trade under high volatility conditions.

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.

These brokers were chosen based on the reliability of their entire offering, which includes sophisticated conditions, superior customer support, and solutions made to satisfy the needs of various traders.

  • HFM– Best Overall Bitcoin Broker 2025
  • BlackBull Markets – Best Low-Spread Bitcoin Broker 2025
  • FP Markets – Best MT4 Bitcoin Broker 2025
  • XM – Best Bitcoin Broker for Beginners 2025
  • Fusion Markets – Best EA Bitcoin Trading Broker 2025

Forex Brokers That Offer Bitcoin Trading

In addition to traditional markets such as forex, indices, and commodities, traders can speculate on the price swings of Bitcoin through forex brokers that offer Bitcoin trading. Bitcoin is typically traded via CFDs, which means that traders utilize well-known forex platforms and tools to trade based on price fluctuations, rather than actually owning the cryptocurrency.

Trading Bitcoin through CFDs differs from trading on cryptocurrency exchanges, where users must purchase and hold Bitcoin in wallets. Because it offers quick execution, sophisticated charting tools, and the opportunity to trade both rising and falling markets in a regulated trading environment, trading Bitcoin with forex brokers is easier, especially for those who have prior currency trading experience. However, the choice between trading Bitcoin through exchanges or a forex broker depends on the traders’ needs and expectations; thus, it is essential to understand that neither option is better than the other. 

  • Thus, trading Bitcoin through Forex brokers allows traders to focus on price movements.
  • Forex brokers enable traders to utilize professional trading tools and features, including charts and indicators, to maximize their gains from Bitcoin trading.
  • Ultimately, Forex brokers adhere to strict regulatory rules, ensuring the transparency and reliability of trades.
💰 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)

How to Choose a Bitcoin Trading Broker?

Selecting an optimal Bitcoin broker is essential for investors who aim to trade Bitcoin safely and conveniently. An optimal broker not only connects investors to trade within the Bitcoin market but also helps investors trade in a reliable environment. In contrast, a wrong choice of a broker can pose various threats to investors.

Today, most online forex brokers offer Bitcoin trading services, including CFDs. Such services enable investors to invest in the fluctuations of Bitcoin prices without necessarily investing in the cryptocurrency.

Key Steps to ensure the right choice of a Bitcoin trading Broker are:

  • A broker with licenses from one of the reputable authorities, like FCA, ASIC, CySEC, or FSCA, will ensure safety and a level of protection.
  • Ensure that the broker offers Bitcoin trading through CFDs. Understanding the pricing, leverage usage, and margin requirement is essential, too.
  • Selecting a user-friendly platform with advanced charting capabilities, indicators, and risk management tools will ensure an efficient experience and successful outcome of trades.
  • Transparency in pricing is another factor to consider. Check if the broker mentions all applicable fees, so that traders can calculate the costs in advance.
  • Customer support is no less important. Especially beginner traders will need dedicated and prompt support to guide them in their trading journey.
  • Feedback from fellow traders is a helpful insight into the broker’s advantages and disadvantages. Based on those reviews, traders will be able to understand how the broker can meet their trading goals and expectations.

The Complete List of Bitcoin Brokers

This is the complete list of reputable and regulated brokers that offer Online trading of Bitcoin on a CFD basis. We reviewed different aspects of the brokers and recommend them for trading:

Broker Detail

Regulation and Legal Considerations in Bitcoin Trading

Regulation is a crucial factor in shaping Bitcoin trading practices worldwide. Regulations, rules, or laws regarding Bitcoin trading vary considerably across the world.

Before participating in the buying and selling of Bitcoin, traders should understand the regulatory requirements in their country.

Key legal and regulatory points to consider while trading Bitcoin are the following:

  • The first and most essential step is to ensure the forex broker of your choice holds a reliable license and ensures the safety of trades.
  • Due to regulatory restrictions, many countries prohibit cryptocurrency trading, including Bitcoin.
  • Tax obligations also differ from one country to another. While in some countries Bitcoin trading is not subject to taxes, in other countries, it is subject to income tax or capital gains taxes.

Best Security Practices for Bitcoin Holders

The security of Bitcoin funds is crucial as  cryptocurrencies are digital in nature. If security guidelines are followed, the risk of loss or theft of the funds is minimal.

  • Choosing only secure wallets for Bitcoin storage is essential and will ensure long-term safety and protection.
  • Also, traders should enable two-factor authentication, adding an extra layer of protection to their accounts and wallets.
  • Private keys should not be shared. The best way to store them is offline, out of reach of scammers.
  • Strong and unique passwords will ensure secure protection. Besides, traders should update their passwords regularly and never use them for other purposes.
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

Popular Bitcoin Trading Strategies

Bitcoin traders use different strategies based on their level of expertise, risk tolerance, and the time they dedicate to trading. Each strategy is aimed at profiting from Bitcoin based on its different market behaviors. While some strategies are more suitable for professional trading, others are easy to understand and apply, especially for new traders. Selecting the appropriate strategy enables traders to better control risk levels while trading based on their level of expertise.

  • Day trading focuses on trades that take place on the same day and profit from short-term price changes.
  • Swing trading is another favorable strategy to apply in Bitcoin trading. It advantages from positions held in a span of days or weeks, capturing mid-term trends.
  • Scalping is another short-term strategy that benefits from numerous small trades focusing on minor price fluctuations.
  • Long-term holding strategy, as the name suggests, concentrates on long-term price appreciation, rather than benefiting from minor price changes and short-term volatility.
  • At last, trend trading in Bitcoin follows established trends using technical indicators.

Risks Involved in Bitcoin Trading

While there are risks associated with Bitcoin, there are also benefits that traders must consider before participating in trading. As Bitcoin is one of the fastest-growing cryptocurrencies, there are associated benefits and risks to consider.

  • Due to high volatility, Bitcoin prices can change rapidly, resulting in both sudden profits and losses.
  • Prices are also affected by market sentiment, economic news, and unexpected global events, which can lead to unexpected changes.
  • Leverage in Bitcoin trading can amplify profits or lead to significant losses. Thus, using leverage carefully will help traders avoid unwanted outcomes of trades.

Benefits of Bitcoin Trading

Bitcoin trading allows traders to participate in one of the most popular markets. Bitcoin is highly liquid, and its market is highly fluctuating, which means traders have ample opportunities to trade Bitcoin, whether short-term or long-term.

Additionally, Bitcoin is traded worldwide, regardless of the conventional bank opening times, and through regulated brokers. It means Bitcoin is easily accessible through Exchanges and forex brokers.

Here are the key benefits of Bitcoin trading:

  • Bitcoin can be traded 24/7, including weekends and holidays, which makes the instrument accessible for everyone.
  • Bitcoin stands out for its high liquidity, allowing traders to easily enter and exit positions.
  • Although frequent price movements can lead to losses, they also create multiple trading opportunities.
  • Bitcoin is accessible to everyone, regardless of the country or time zone.
  • Trading Bitcoin through CFDs allows traders to enter both short and long positions.

Bitcoin Trading Fees, Spreads, and Trading Costs

Understanding costs in Bitcoin trading is essential for calculating trading charges and profits in advance. Trading costs and commissions may vary depending on whether Bitcoin is traded through a broker or an exchange, and on the type of financial instrument used, whether it is spot or CFDs. Some costs are usually specified, while others are embedded in prices or applied under certain circumstances.

Common Bitcoin trading costs are the following:

  • Spread stands for the difference between the purchase and selling prices of a Bitcoin. When the market is volatile, spreads increase. They depend on the traded instrument, the account type, and other factors.
  • Many platforms charge commissions per trade. Brokers often offer commission-based accounts, with fixed transaction fees and very low spreads.
  • Trading Bitcoin CFDs may result in overnight swap charges when holding an open position, as this will cover the cost of an overnight position.
  • Platforms may charge fees for funding an account or withdrawing cash based on the chosen payment method.
  • Some brokers charge inactivity fees if the account is inactive for a fixed period.
  • At last, conversion fees are charged depending on the Bitcoin exchange in another currency rather than the base account currency.

Frequently Asked Questions

How to Trade Bitcoin?

Traders can access Bitcoin directly via a Crypto exchange or in a more simplified way via Bitcoin CFDs, a more affordable option since traders can invest any amount they are willing to trade and benefit from Bitcoin price fluctuations without owning it.

What Brokers Offer Bitcoin Trading?

The majority of Forex brokers offer Crypto and Bitcoin Trading, however, on a CFD basis, which means you do not own an asset but speculate on its price movement. Also, CFD-based trading allows lower initial investments and the use of leverage.

Which Brokers are Offering Bitcoin Futures?

There are not many regular brokers offering Bitcoin Futures trading (see Interactive Brokers Review). Bitcoin Futures are traded via Crypto Exchanges like Binance or ByBit, using margin and leverage trading.

Do Bitcoin Brokers Charge Commissions?

Brokers usually offer different account types with spread-based and commission-based fee structures. Thus, traders can choose the most favorable option that meets their preferences. There are also additional fees, such as overnight fees, inactivity fees, funding commissions, and more.

Is it Safe to Trade Bitcoin with a Broker?

Regulated brokers ensure a safe environment, transparency, and ease of operations. Thus, with a tightly regulated broker, Bitcoin trading is highly recommended. Regulation gives traders more confidence when joining the cryptocurrency market by protecting their funds, enforcing fair trading standards, and lowering the risks of fraud.

Can Beginners Trade Bitcoin through Brokers?

With a reliable and beginner-friendly broker, even inexperienced traders can easily trade Bitcoin. Beginners should look for an easy-to-use platform, a demo account, educational resources, and a dedicated customer support.

Can I Trade Bitcoin without Owning it?

Signing in with a forex broker allows traders to trade through CFDs, speculating on price movements rather than owning the asset. This approach allows for both long and short positions, supporting leveraged trading as well, but it also entails increased risk because gains and losses are multiplied.

Are Bitcoin Trading Profits Taxable?

Each country has its own tax rules. Traders should check if there are income taxes or capital gains taxes applicable for Bitcoin trading in their region.

What is the Minimum Deposit to Trade Bitcoin with a Broker?

There is no specified initial deposit requirement for Bitcoin trading. Each broker has its own minimum deposit requirement based on the entity, account type, and other factors. However, brokers generally allow traders to start small.

Can I Trade Bitcoin on Mobile Devices?

Most brokers offer different platform options, including mobile apps. The mobile platforms include the same tools and features available for desktop platforms.

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George Rossi Content Creator
George R. is a wide-ranging expert with experience in analysis and writing. Currently serving as a Senior Writer at 55brokers.com. In addition to this role, he has been the Chief Market and Broker Analyst since June 2020. He has played a crucial role in providing in-depth analysis and insights into the financial markets. With nearly a decade of experience as a Foreign Exchange Trader, George brings a deep understanding of market dynamics and trading strategies. His previous positions include serving as the Chief Market Analyst at SVS Securities Plc.