The platform’s commitment to providing advanced trading tools and a wide selection of cryptocurrencies has made it a preferred choice among both retail and institutional traders. Bitpanda is a premier multi-asset investment platform that empowers users to trade cryptocurrencies, stocks, ETFs, and precious metals in one seamless interface. Designed with both beginners and advanced traders in mind, Bitpanda combines simplicity with robust trading tools to provide a world-class investment experience. With over 3.5 million users worldwide, Bitpanda’s commitment to accessibility and innovation has made it a trusted name in the digital asset space.
Our writers have collectively placed thousands of trades over their careers. As with any product, even the best cryptocurrency broker have their own set of limitations to deal with. FXPro is a company under the financial regulation of FCA in the UK, CySEC in Cyprus, and ASIC in Australia.
Binance
Traders should pay extra attention to these fees if they plan to use swing trading strategies, which involve holding positions for several days or even weeks. The live Bitcoin spread at the time of testing was 472.87, while the spread for Ethereum was 33.79. IC Markets provides access to the popular MetaTrader 4 and 5, as well as the in-house cTrader platform. Broker’s clients will also benefit from the strong research support, which includes in-house research and third-party tools like Trading Central and AutoChartist. Established in 2016, Capital.com is regulated by several top-tier authorities, including the FCA, ASIC, CySEC, as well as SCB and FSA Seychelles.
- Examples of Hybrid Exchanges include BinanceDEX, Nash Exchange, and Onomy protocol.
- Its user-friendly interface and low trading fees make it a solid choice for both new and advanced traders.
- Using both removes emotion from the equation and ensures you’re not relying on screen time to make fast decisions.
- They set their own prices for the assets, although these prices are influenced by the market rates on other platforms.
- Whether you’re using Android or iOS, eToro’s mobile apps deliver a powerful, well-rounded crypto trading experience.
- Its 1.95% fee for credit card and debit card purchases is also the lowest on this list.
Visit our Fidelity review for a deeper dive into the other markets and platforms provided by the broker. Here’s a breakdown of some of the best online brokers for U.S. crypto trading. IC Markets is another top-ranked online forex and CFD broker known for low-cost trading and competitive bid/ask spreads. Considering the main goal to provide clients with a clear and swift trading environment, IC Markets is an ASIC, CySEC, and FSA-authorized company.
- Founded in 2018, WhiteBIT has grown into one of the largest centralized cryptocurrency exchanges in Europe, serving over 5 million users.
- Plus, the wallet supports social trading, allowing you to interact with the broader eToro community while managing your digital currencies.
- But in certain aspects, we also think it may not be ideal for the ‘entry-level’ investment products due to its slightly higher level of abstraction.
- Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).
- Paired with a responsive customer service team, KuCoin demonstrates a clear focus on delivering a customer-centric experience.
- On examples of companies, it is possible to name Coinbase as one of the leaders in the market thanks to its simple navigation, availability of many cryptocurrencies, and enhanced security.
Best Crypto Brokers for Buying and Selling Bitcoin in 2025
In addition to traditional financial products such as equities and ETFs, eToro offers a selection of cryptocurrencies. The platform has built a strong reputation for security, employing a thorough approach to protect user funds and personal information. Kraken has shown a consistent dedication to regulatory compliance and user safety, earning the trust of a broad global customer base. Research the broker’s regulatory status, read reviews from other traders, and ensure they have a strong reputation in the crypto community. Look for brokers that offer encryption, 2FA, and other protective features. • Gemini is offering new users $15 in bitcoin when they sign up and trade $100 or more in their first 30 days.
The exchange will liquidate the position, taking the entire amount to cover the loan. That’s why a precise directional view of the market is non-negotiable in margin trading—it’s the foundation of every trade. As with any investment, it’s important to consider the cost of buying, selling and trading cryptocurrency — high fees can erode returns over time. Binance.US features a very similar interface and experience to Binance and also boasts some of the lowest fees of the major crypto exchanges. BitFlyer is a private company that launched its crypto exchange first in Japan in 2014 and later expanded into the US in 2017.
The broker offers multiple educational materials, including articles, videos, webinars, and a video course. These materials cover a wide range of topics from technical analysis to trading strategies. EToro is a long-time pioneer of cryptocurrency trading and one of the first global forex brokers that offered bitcoin trading in the early years before it became an established asset class.
Coinbase Prime Read More
Binance is a specialized trading platform that allows you to buy and sell digital currencies, including the largest such as Bitcoin and Ethereum, but also hundreds of other much smaller coins, too. The commission structure at Binance is low and only gets cheaper the more you trade. Trading fees start at 0.57 percent of your trade value (i.e., $57 for every $10,000 traded) and fall from there, depending on your trading volume over the prior 30 days. Here are the best brokers for cryptocurrency trading, including traditional online brokers, as well as specialized cryptocurrency exchanges. You might also want to check out which brokers offer the best bonuses for opening an account to determine where you can get a little extra.
Cryptocurrencies have been on quite the ride since being introduced, with some early investors seeing sizable gains, while those who bought at the peak are yet to fully recover from their losses. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.
Which crypto broker is best for trading on a mobile device?
Overall, Coinbase has built a reputation as a secure, user-friendly, and reliable platform for cryptocurrency trading and management. Its strong focus on security and compliance further cements its status as one of the top choices for crypto traders globally. WhiteBIT’s intuitive interface and accessible tools make it suitable for users at all experience levels. Offering a wide selection of assets and diverse trading options—spot, margin, and futures trading—users can tailor their strategies to fit their needs. With robust security measures, including cold wallet storage and KYC/AML compliance, WhiteBIT provides a secure and versatile platform, ideal for anyone looking to navigate the crypto market confidently.
With competitive fees, high liquidity, and a wide range of supported cryptocurrencies, it’s ideal for both beginners and experienced traders. However, new users might find the platform’s complexity a bit challenging at first. Overall, Bitget offers a strong and versatile trading environment, focused on user satisfaction and innovation. BYDFi is perfect for traders looking for a reliable and low-cost platform that supports a wide range of cryptocurrencies. Its compliance with international regulations and presence in over 150 countries make it a trusted choice for global traders.
Professional traders would appreciate the Advantage account, which features a $5 round-turn commission per traded lot and raw spreads from 0.0 pips. To test the competitiveness of the pricing mechanism, I executed a full-sized EURUSD trade. With a spread of 0.2 pips, the net cost of the trade reached 0.7 pips, which is better than the $8 industry average for ECN accounts. I conducted my tests on a Standard BlackBull Markets account, which features zero commissions and floating spreads from 0.8 pips.
XRP Shows Signs of Strength as Analysts Watch Key Support Zone
Having acquired the NFT marketplace Nifty Gateway in 2019, Gemini also lets users buy and sell crypto collectibles and digital art. One of the oldest cryptocurrency exchanges, and in business since 2013, Kraken’s low fees make it particularly attractive to high-volume traders. Kraken also offers riskier and more advanced trading features — such as margin trading best cryptocurrency brokers and on-chain staking, with biweekly payouts.
These platforms provide real-time market data, customizable charting tools, and technical analysis indicators, enabling traders to make informed decisions. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. Reputable brokers often undergo regular security audits and are transparent about their security practices.
The tests indicated that Bitcoin spreads were high, while Ethereum spreads were moderate compared to the industry average. After testing 80 brokers this year, our experts have identified the 13 best options tailored to diverse trading needs, complete with practical tips. At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). In terms of fees for active traders, Coinbase only outranks Binance when you compare the highest tiers offered by each broker. For example, for traders that surpass $1 billion dollars in volume — or 150,000 BTC — Coinbase is cheaper, offering a 0% maker fee and 0.04% taker fee.
With a brokerage, however, there is no “other person” – you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term – exchange. If you’re a beginner in the space, and aren’t sure where to start, I’d suggest checking out our list of the best cryptocurrency exchanges. HFM’s customer support team is available 24/5 to assist traders with any inquiries or issues related to cryptocurrency trading.