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Best Bitcoin Brokers of 2024

BrokerNotes.co

Written by BrokerNotes.co

March 14, 2024

How to Find the Best Brokers for Trading Bitcoin For You

Bitcoin has gone from theory to accepted financial instrument very quickly, with many retailers, businesses, and payment processors now accepting bitcoin. However, while bitcoin and other cryptocurrencies can be very attractive to some, they also come with their own unique levels of risk and controversy. In this article, we will be providing an overview of what bitcoin is, how it works from generation to valuation, and why it has become a popular financial instrument for traders.

Best Bitcoin Forex Brokers

Here are the best forex brokers for trading bitcoin.

eToro
star 8.9/10 Overall
Minimum Deposit$50-$10,000
Tier-1 Licenses3
Tradeable Symbols (Total)5461

Best known for its copy trading platform suite, eToro is a highly trusted broker offering a large selection of cryptocurrency products, CFDs, shares, forex pairs, and a wide range of powerful trading tools. It’s worth noting that eToro is not a discount broker (though it offers zero-dollar commissions for U.S. stocks). Read full review

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)No
Web PlatformYes
MetaTrader 4 (MT4)No
MetaTrader 5 (MT5)No
Swissquote
star 8.7/10 Overall
Minimum Deposit$1000
Tier-1 Licenses5
Tradeable Symbols (Total)472

Swissquote delivers a balanced offering of easy-to-use proprietary trading platforms and popular third-party platforms like MetaTrader and TradingView. Swissquote also offers a staggering 3 million financial products. It’s worth noting that Swissquote's pricing is more expensive than what you'd find with low-cost forex brokers. Read full review

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)Yes
MetaTrader 5 (MT5)Yes
Capital.com
star 8.7/10 Overall
Minimum Deposit$20 info
Tier-1 Licenses3
Tradeable Symbols (Total)3007

Capital.com delivers an innovative trading platform, powerful market research, and an impressive range of educational content. Capital.com also offers a growing number of tradeable markets, and the broker's competitive pricing puts it in the same category as the best low-cost forex brokers. Read full review

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)Yes
MetaTrader 5 (MT5)No
Interactive Brokers
star 9.9/10 Overall
Minimum Deposit$0
Tier-1 Licenses9
Tradeable Symbols (Total)8500

Interactive Brokers is a highly trusted broker regulated across the globe that delivers access to over 100 markets, including forex and CFDs. Its Trader Workstation (TWS) platform offers a variety of advanced trading tools for experienced traders, and IBKR's web-based platform is great for beginner forex traders. Read full review

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)No
MetaTrader 5 (MT5)No
Eightcap
star 7.6/10 Overall
Minimum Deposit$100
Tier-1 Licenses3
Tradeable Symbols (Total)736

Eightcap offers an impressive range of cryptocurrency CFDs (though these are not available to traders in the U.K.). Eightcap doesn't offer any proprietary trading platforms, but does provide the full MetaTrader platform suite as well as several plugins and third-party tools like TradingView and Capitalise.ai. Read full review

Apple iOS AppYes
Android AppNo
Proprietary PlatformNo
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)Yes
MetaTrader 5 (MT5)Yes
XTB
star 9.1/10 Overall
Minimum Deposit$0 info
Tier-1 Licenses2
Tradeable Symbols (Total)6200

XTB is a highly trusted brand with a proprietary platform (xStation 5) that delivers a rich selection of trading tools. XTB also offers CFDs for a wide range of asset classes, including multiple cryptocurrencies. Beginners will appreciate XTB's excellent educational content and the hundreds of lessons that are available via its Trading Academy. Read full review

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)No
MetaTrader 5 (MT5)No
Saxo
star 9.7/10 Overall
Minimum Deposit$0
Tier-1 Licenses7
Tradeable Symbols (Total)70000

Saxo is a highly trusted broker that operates multiple banks and is regulated across the globe. Saxo delivers an incredible cross-platform experience alongside powerful research and a vast selection of more than 60,000 symbols across multiple asset classes. It’s worth noting that minimum deposits at Saxo are steep. Read full review

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)No
MetaTrader 5 (MT5)No
Questrade
star 7.8/10 Overall
Minimum Deposit$250
Tier-1 Licenses2
Tradeable Symbols (Total)641

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)No
MetaTrader 5 (MT5)No
ActivTrades
star 7.7/10 Overall
Minimum Deposit0
Tier-1 Licenses2
Tradeable Symbols (Total)1267

Apple iOS AppYes
Android AppNo
Proprietary PlatformYes
Desktop Platform (Windows)Yes
Web PlatformYes
MetaTrader 4 (MT4)Yes
MetaTrader 5 (MT5)Yes
Sponsored

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Trading Bitcoin with a Regulated Broker

While bitcoin itself is not yet regulated by the FCA (although there are reports it may be soon), it is possible to use a regulated broker when trading bitcoin. In the past, there have been a number of examples of the compromise and collapse of high-profile bitcoin websites, which has led to the loss of considerable amounts of bitcoins. This can mean that the trust and reliability of the broker are arguably more valuable when trading bitcoin than any other currency.

Popular Bitcoin Broker: AvaTrade

AvaTrade is a regulated broker that allows you to trade bitcoin with the popular MetaTrader 4 platform alongside healthy leverages of up to 1:400. Another benefit of trading with AvaTrade is that a minimum deposit of only $100 dollars is required to open an active trading account.

Advantages of trading with AvaTrade:

  • Automated trading
  • Free demo account
  • Guaranteed stop-loss orders
  • Real-time charts
  • News and market analyses
  • AvaTrade currently allows all members to deposit funds via Bitcoin and PayPal as well as standard options such as wire transfers and credit cards

BrokerNotes.co 2024 Overall Rankings

To recap, here are our top forex brokers for 2024, sorted by Overall ranking.

Company Overall Rating Minimum Deposit Average Spread EUR/USD - Standard Trust Score Tradeable Symbols (Total) Read Review
eToro logoeToro
8.9 $50-$10,000 1 info 93 5461 eToro Review
Swissquote logoSwissquote
8.7 $1000 N/A info 99 472 Swissquote Review
Capital.com logoCapital.com
8.7 $20 info 0.67 info 87 3007 Capital.com Review
Interactive Brokers logoInteractive Brokers
9.9 $0 0.63 info 99 8500 Interactive Brokers Review
Eightcap logoEightcap
7.6 $100 1.0 info 85 736 Eightcap Review
XTB logoXTB
9.1 $0 info 1.00 info 96 6200 XTB Group Review
Saxo logoSaxo
9.7 $0 1.1 info 99 70000 Saxo Review
IG logoIG
9.9 £250.00 0.98 info 99 19537 IG Review
CMC Markets logoCMC Markets
9.6 $0 0.61 info 99 11925 CMC Markets Review
FOREX.com logoFOREX.com
9.4 $100 1.4 info 99 5500 FOREX.com Review
Charles Schwab logoCharles Schwab
9.3 $0 1.25 info 99 40000 Charles Schwab Review
City Index logoCity Index
9.3 £100.00 1.4 info 99 13500 City Index Review
AvaTrade logoAvaTrade
8.7 $100 0.93 info 94 1260 AvaTrade Review
OANDA logoOANDA
8.6 $0 1.61 info 93 3928 info OANDA Review
Plus500 logoPlus500
8.6 €100 1.5 info 99 5500 info Plus500 Review
FXCM logoFXCM
8.6 Starts from $50 0.78 info 95 440 FXCM Review
Pepperstone logoPepperstone
8.5 $0 1.10 info 95 1726 Pepperstone Review
XM Group logoXM Group
8.5 $5 1.6 info 88 1394 XM Group Review
Admirals logoAdmirals
8.5 $100 0.8 info 93 8702 Admiral Markets Review
FP Markets logoFP Markets
8.3 $100 AUD 1.1 info 87 10000 FP Markets Review
Tickmill logoTickmill
8.2 $100 0.51 info 86 725 Tickmill Review
IC Markets logoIC Markets
8.2 $200 0.62 info 84 3583 IC Markets Review
FxPro logoFxPro
8.1 $100 1.51 info 90 2249 FxPro Review
Markets.com logoMarkets.com
8.1 $100 1.9 info 93 2179 Markets.com Review
FinecoBank logoFinecoBank
8.0 $0 N/A info 94 9770 Fineco Bank Review
BlackBull Markets logoBlackBull Markets
8.0 $0 0.76 info 78 26000 BlackBull Markets Review
Vantage logoVantage
8.0 $50 1.30 info 90 1000 Vantage Review
ThinkMarkets logoThinkMarkets
7.9 $50 info 1.1 info 92 4000 ThinkMarkets Review
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
7.8 $20 1.2 info 86 1199 HYCM Review
HFM logoHFM
7.8 $0 1.2 info 86 500 HFM Review
DooPrime logoDooPrime
7.8 $100 N/A info 83 10000 DooPrime Review
Questrade logoQuestrade
7.8 $250 N/A 86 641
ActivTrades logoActivTrades
7.7 0 0.98 info 81 1267
Trading 212 logoTrading 212
7.7 €10 1.9 info 79 8025 Trading 212 Review
BDSwiss logoBDSwiss
7.7 $10-$5000 info 1.6 info 76 1081 BDSwiss Review
Trade Nation logoTrade Nation
7.7 $0 0.6 85 1000 Trade Nation Review
TMGM logoTMGM
7.6 $100 N/A info 83 12000 TMGM Review
Moneta Markets logoMoneta Markets
7.5 $50 1.38 info 72 1016 Moneta Markets Review
Spreadex logoSpreadex
7.5 $0 0.81 info 71 10000 Spreadex Review
MultiBank logoMultiBank
7.5 $50 N/A 84 1042 MultiBank Review
Exness logoExness
7.4 $10 info N/A 81 227 Exness Review
ACY Securities logoACY Securities
7.4 $50 1.2 info 75 2200 ACY Securities Review
easyMarkets logoeasyMarkets
7.3 $50 0.8 info 80 230 easyMarkets Review
RoboForex logoRoboForex
7.3 $100 1.3 info 73 8400 Roboforex (RoboMarkets) Review
VT Markets logoVT Markets
7.3 $100 1.2 info 70 1000 VT Markets Review
Octa logoOcta
7.2 $25 0.9 info 70 277 OctaFX Review
IronFX logoIronFX
7.2 $50 1.2 83 340 IronFX Review
IFC Markets logoIFC Markets
7.2 $1 1.44 info 67 630 IFC Markets Review
Trade360 logoTrade360
7.2 $250 N/A info 76 1062 Trade360 Review
Axi logoAxi
7.1 $0 N/A info 82 175 Axitrader Review
TeleTrade logoTeleTrade
7.1 $100 N/A 71 500 Teletrade Review
iFOREX logoiFOREX
7.0 $100 N/A 75 750 iFOREX Review
FXOpen logoFXOpen
7 $100 N/A info 76 87 FXOpen Review
FXPrimus logoFXPrimus
7.0 $100 N/A info 71 140 FXPrimus Review
Xtrade logoXtrade
6.9 $250 N/A info 74 482 Xtrade Review
Forex4you logoForex4you
6.8 $0 N/A info 61 150 Forex4you Review
GBE brokers logoGBE brokers
6.8 $500 N/A info 71 500 GBE Brokers Review
Alpari logoAlpari
6.8 $20 N/A info 68 105 Alpari Review
TopFX logoTopFX
6.7 Depends on payment method 1.03 info 67 655 TopFX Review
Libertex (Forex Club) logoLibertex (Forex Club)
6.7 $10 N/A info 73 300 Libertex Review
LegacyFX logoLegacyFX
6.7 $500 N/A 67 425 LegacyFX Review
FXGT.com logoFXGT.com
6.6 $5 N/A 69 117 FXGT Review
ATFX logoATFX
6.5 $500 N/A info 85 150 ATFX Review

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Methodology

At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.

Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.

Note: The online brokers on our site provide the ability to trade forex in one or more ways, such as non-deliverable spot forex (i.e., rolling spot contracts), contracts for difference (CFD), or other derivatives such as futures. The availability of specific markets or features will depend on your country of residence and the broker's applicable brand or entity that services your account(s).

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.

About the Editorial Team

BrokerNotes.co

BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing.

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