Bitcoin Forex Brokers 2020 — Top Crypto Brokers

We review and rate Top Forex Brokers offering Cryptocurrency Trading. In our rating you’ll find brokers that accept payments via Bitcoin, Bitcoin Cash, Ethereum, Ripple and other cryptocurrencies.

Forex Broker Review Year Status Instruments
1FXTMFXTM2011Bitcoin, Forex, CFDs, CFDs on Bitcoin, CFDS on Spot metals, *Cryptocurrencies are only available in FT Global Limited; *NGN are only available to Nigerian clients
2FxProFxPro2006CFDs and Spread Betting on FX, futures, spot indices, shares, spot metals, spot energies, сryptocurrencies
3FIBO GroupFIBO Group1998FOREX, Spot Metals, CFDs, Bitcoin
4HotForexHotForex2010Forex and Spot Metals, CFDs on Commodities, Indices, Oil and Shares, cryptocurrencies, bonds
5XMXM2009Forex, CFD, bitcoin, stocks, indices, commodities, precious metals, energies
6OctaFXOctaFX2011Gold, Silver, Crypto, Indices
7Grand CapitalGrand Capital2006330 financial instruments (Forex, Stocks, Options, Futures, Metals, Energies, Indices), Bitcoin
8Olymp TradeOlymp Trade2014Crypto-currencies, Currencies, Commodities, Indices, Stocks
9USGUSG2006Forex, Metal, Indices, Bitcoin
10ETFinanceETFinance2018Forex, Crypto Pairs, Indices, Commodities, Stocks
11ITRADERITRADER2013Available Assets: CFDs on Forex, Crypto Pairs, Indices, Commodities, Stocks
12ProfitiXProfitiX2019Currency Trading, Commodities Trading, Shares Trading, Precious Metals, Cryptocurrencies, Stock Indices
13ROinvestingROinvesting2017Forex, Indices, Stock Market, Cryptocurrencies, Commodities, Metals, ETF
14FXOpenFXOpen2003Metals, Oil, Gas, Indexes, CFDs, Bitcoin, Cryptocurrencies
15DukascopyDukascopy2000Metals, Gold
16eToroeToro2007Bitcoin
17ExnessExness2008CFDs on metals, cryptocurrencies
18FOREX.comFOREX.com1999Spot Metals (US unleveraged trading, UK and AU leveraged trading), CFDs (UK and AU only)
19Forex4youForex4you2007Forex, Commodities, Indices, Stocks, Bitcoin
20FreshForexFreshForex2004CFDs, Bitcoin
21InstaForexInstaForex2007Bitcoin
22IronFXIronFX2010Forex, Spot Metals, CFDs on commodities, indices and shares, futures, cryptocurrencies
23NordFXNordFX2008Gold, Silver, 16 cryptocurrency pairs, 4 crypto indicies
24BithovenBithoven2019CFD for crypto
25IG MarketsIG Markets1995no

200+ Forex Brokers

Read our extended Forex Guide to find out how to choose the Best Forex Broker 2020.

Start Forex Trading Now! Open Forex Account with the Best Forex Brokers 2020.

FxPro
Bitcoin Plummets $800 in an Hour

Bitcoin (BTC) took an unexpected dive, plunging $600 in a matter of minutes. The plunge saw 15 of the 20 largest crypto assets by market cap down...

FxPro
Bitcoin dropped by $300 an hour

Bitcoin (BTC) fell by almost 2% in an hour on Feb. 13 as markets faced rejection after reaching higher levels around $10,500. Data from Coin360...

FIBO Group
Bitcoin surges after backing from US government

It seems the US government is finally starting to take Bitcoin seriously after remarks yesterday from US Federal Reserve...

FxPro
Bitcoin lagging behind altcoins

The bulls pushed Bitcoin below $10K for a short period. By Wednesday morning, BTC not only managed to confidently cross the threshold but also continued...

FxPro
Bitcoin Whale Puts Crypto Traders on Alert

A crypto whale who made $20 million in realized profit from December to January on the crypto exchange Bitfinex says "phantom money" may...

FIBO Group
Is Bitcoin a threat to Gold?

Bitcoin has had its best run for the month of January since 2013 as investors seek out the cryptocurrency as a safe-haven following the outbreak of the...


FxPro
Is This Why Bitcoin SV Climbed Another 20%

Whereas most digital currencies have traded sideways over the last 24 hours, Bitcoin SV is gaining in market capitalisation once again. However, at least...

FIBO Group
Is Bitcoin the new gold?

The Price of Bitcoin has surged around 20 percent so far this year and according to soe analysts the gains are not over as the world's most popular crypto...

FxPro
Crypto market corrects after recent rally

After a few days of active growth, the crypto market shows signs of cautious profit-taking. During the last 24 hours, Bitcoins lost about a per cent...

Cryptos 7 days
1 Bitcoin -9.45%
2 Ethereum -16.41%
3 XRP -17.26%
4 Bitcoin Cash -15.86%
5 Tether -0.45%
6 Bitcoin SV -22.77%
7 Litecoin -15.44%
8 EOS -11.38%
9 Binance Coin -17.3%
10 Tezos -24.55%
11 Chainlink -16.95%
12 Cardano -16.41%
13 Monero -11.81%
14 Stellar -18.3%
15 TRON -18.27%
Crypto Rating

How to trade Bitcoin on Forex?

There are two ways a forex trader can use his Bitcoins: to open a deposit in BTC or trade BTC. Now more and more forex brokers offer their clients to have trading accounts in bitcoins, with this type of deposit a trader makes a loss or profit in bitcoins while trading conventional currency pairs. The second option – Bitcoin trading itself – is quite straightforward. Like other currency pairs, Bitcoin at Forex is traded as part of a bitcoin / dollar currency pair. In the trading terminal, it is designated as BTCUSD or Bitcoin.

Why has BTC become such a hot trend with forex brokers?


The answer lies in the coin’s nature. It is the first product of breakthrough blockchain technology, which is perceived as the main tool of finance of the future. The scope of cryptocurrency’s usage is constantly growing, as well as its recognition by governments across the globe. Having successfully conquered the field of OTC transactions and investments, bitcoin has quickly advanced into the world of online trading. The long-term growth of the bitcoin exchange rate attracted investors, who increasingly see cryptocurrency as an alternative to the traditional investment tools. It’s only natural that forex brokers have begun to implement bitcoin as a traded asset on their platforms. At the same time, the cryptocurrency market as a whole, and bitcoin in particular, is subject to very high volatility, which, under successful circumstances, can bring the trader significant profits in a very short-term period, as well as significant losses. The ambiguity in the regulation of the cryptocurrency market and its high volatility create additional risks for private investors. In such circumstances, the choice of a reliable bitcoin broker becomes especially important.

Bitcoin trading vs. Forex trading: similar or different?


Similar

Trading BTC/USD pair is technically no different from trading conventional forex currency pairs. In the same way, deals for buying and selling are opened, stop loss and take profit orders are set.

High level of risk.

Different

24/7 regime of BTC trading.

Low liquidity of BTC trading as compared to liquidity of forex market.

Price sensitivity to news. With BTC,  the media has an unusually significant influence on its price. You need to follow the hot news on the air: if a large fund invested a huge amount in Bitcoins, you may enjoy the excellent bull market. In case of hacking a major crypto-exchange, it will be reasonable to work on sales. That is why it may be a good idea to look for a forex broker that has a strong news section on the site.

A sufficiently large spread is set which makes scalping impossible. For trading it is recommended to consider timeframes from H1 and higher.

Tips when choosing a Bitcoin Forex Broker


When searching for a bitcoin forex Broker, check what regulators have licensed the company, as well as the period of its work in the market.
See if pairs are available other than standard BTC/USD, what are the minimum account size, terms of deposit, spread and leverage.
Consider an additional advantage of easy transfer of funds between your forex and cryptocurrency accounts, as well as the availability of technical and fundamental analytics.

Choosing a broker based on these factors can help you reduce risks when entering this promising market. The main difference between brokers is the number of available types of cryptocurrency: the larger the list of available coins, the more opportunities a trader has. Which broker is better for trading bitcoin? There are several of them - the best Bitcoin brokers we recommend are be listed in the ranking list below.