Best Crypto Deposit Forex Brokers
In the last decade, Cryptocurrencies have become quite popular. Being a virtual or digital currency and secured by cryptography, it has good layers of security and allows “cheap” transfers. Generally, cryptocurrencies are not issued by governments or by any authorities, which means they are fully independent of banks.
What is Crypto Deposit Forex Broker?
Crypto Deposit Brokers allow cryptocurrency as payment method, also in some cases may accept cryptocurrency as a base currency for easy deposit and method. So traders instead of using any other popular payment method like Debit Cards or Bank Transfers, can deposit, and later withdraw, money to their trading account using Cryptocurrencies, or your Crypto Wallet.
As for the question, of how crypto coins can be obtained – it is first necessary to open Crypto Wallet or register on Crypto Exchange like Binance, so you will be able to use and pay by Cryptocurrencies, including transfers to your Forex Broker.
💰Deposit | Yes |
🏦Withdrawal | Yes (can be some limitations based on Broker conditions) |
What is Crypto Deposit in Forex Platform?
Crypto Deposit is a method used by brokers to fund trading account and implement trading through the Broker platforms. No need to search for a special platform for crypto deposits. All you have to do is to check if the broker offers crypto deposits.
When talking about Cryptocurrencies Use and Forex Deposits with Cryptos, it is important to understand some notes:
- Cryptocurrencies are seen as cheaper and faster money transfers, the transaction cost is very low, almost next to nothing as compared to money transfers
- Decentralized systems are secure and stable
- Transactions with cryptocurrencies are mainly available 24/7
- Crypto as a currency are not prone to inflation
- However, for now not so many Forex Brokers accept Crypto Wallets Payments, but the number and popularity are growing
- At present, Bitcoin and Ethereum are known as the most popular Cryptocurrencies accepted by Forex Brokers. Learn more about cryptocurrencies on the Wikipedia page.
Crypto Deposit Advantages | Crypto Deposit Disadvantages |
---|---|
Cheaper and Faster transfers | Not many Brokers support method |
Decentrelised system | High Volatility of Crypto |
Low Initial Deposits | Some Limitations might be applicable |
Transparent Conditions | |
Top 5 Best Forex Brokers Enable Cryptocurrency Deposits
Here is a selection of the Best Brokers that accept Cryptocurrency as a payment method, that we select as the best by category reviewed and tested by us. Even though, so far arent many brokers accepting Cryptos yet, but we see the number grow.
- HFM – Best Overall Cryptocurrency Deposit Broker 2022
- BlackBull Markets – Lowest Spread Broker with Crypto Deposit 2022
- XM – Best for Scalping and Crypto Payments 2022
- eToro – Best Cryptocurrency Deposit Broker for Beginners 2022
- AvaTrade – Best MT4 Cryptocurrency Deposit Broker 2022
How to Deposit Crypto in Forex Broker?
First, it is very important to choose a broker that accepts crypto deposits. In this case, the broker will also offer a special account – a crypto-fundable trading account that you can connect to your Crypto Wallet. Typically, deposits and withdrawals are possible only in only Bitcoin or, only in Ether.
Can I Withdraw Crypto from a Forex broker?
Typically yes, if Broker allows Crypto withdrawals. However, it is important to remember that funds are withdrawn to the same source of the deposit, also since Cryptocurrency is still a new thing some limitations may apply, as we have seen on many Brokers. For withdrawing larger funds, the transaction should be completed via bank transfers mainly.
How long does a crypto deposit take?
Crypto deposits normally are deposited within one hour after being first confirmed on the corresponding network. It can sometimes take more, however, up to a few hours is still normal in some circumstances.
Forex Brokers with Crypto Deposit List
Here is the list of the regulated brokers that accept Cryptocurrencies as a Deposit Method verified by us:
Broker | Detail | |
---|---|---|
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Min. Deposit: 5 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: FSA, FSC |
Alpari Review |
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Min. Deposit: $1 Max. Leverage: 1:30 | 1:200 Trading Platforms: MT4, MT5 Regulation: FCA, SCB, FSCA, FSC |
Infinox Review |
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Min. Deposit: 250 US$ Max. Leverage: 1:30 Trading Platforms: MT4, XTrade WebTrader Regulation: CySEC, FSC, ASIC, FSCA |
Xtrade Review |
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Min. Deposit: 500 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5 Regulation: FCA |
Darwinex Review |
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Min. Deposit: 500 US$ Max. Leverage: 1:30 Trading Platforms: Alvexo WebTrader, MT4 Regulation: FSA, CySEC |
Alvexo Review |
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Min. Deposit: $100 Max. Leverage: 1:400 Trading Platforms: MT4, MT5 Regulation: ASIC, FSA |
INGOT Brokers Review |
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Min. Deposit: No minimum deposit Max. Leverage: 1:30 | 1:100 Trading Platforms: Amana App Regulation: FCA, CySEC, DFSA, LFSA, FSC |
Amana Capital Review |
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Min. Deposit: $2,000 Max. Leverage: 1:200 Trading Platforms: CornerTrader Platform Regulation: FINMA |
CornerTrader Review |
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Min. Deposit: $1,000 Max. Leverage: 1:100 | 1:30 Trading Platforms: MT4, MT5, eTrader, Swiss DOTS Regulation: FINMA, FCA, MFSA, SFC, DFSA |
Swissquote Review |
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Min. Deposit: $100 Max. Leverage: 1:30 Trading Platforms: MetaTrader 5, Mobile Trading Regulation: FCA, GFSC |
InterTrader Review |
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