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
2AlpariAlpari1998Gold, Silver, Bitcoin
3LibertexLibertex1997Shares of leading corporations, Indices, Metals, Currencies (popular currency pairs, as well as Bitcoin, Litecoin), Oil and gas
4FxProFxPro2006CFDs and Spread Betting on FX, futures, spot indices, shares, spot metals, spot energies, сryptocurrencies
5FIBO GroupFIBO Group1998FOREX, Spot Metals, CFDs, Bitcoin
6OctaFXOctaFX2011Gold, Silver, Crypto, Indices
7HotForexHotForex2010Forex and Spot Metals, CFDs on Commodities, Indices, Oil and Shares, cryptocurrencies, bonds
8XMXM2009Forex, CFD, bitcoin, stocks, indices, commodities, precious metals, energies
9NordFXNordFX200833 currency pairs, gold, silver, 11 crypto pairs, 6 CFD indicies, 64 stocks
10Vantage FXVantage FX2009Share CFDs, Commodities, Indices, FX and Crypto
11Moneta MarketsMoneta Markets2019Share CFDs, Commodities, Indices, FX and Crypto
12ROinvestingROinvesting2017Forex, Indices, Stock Market, Cryptocurrencies, Commodities, Metals, ETF
13KiexoKiexo2020Currencies, Commodities, Energies, Stocks, Indices, Digital Currencies
14LonghornFXLonghornFX2020183+ instruments - Major/ Minor pairs, Exotic pairs, Digital Assets, Commodities, Stocks, Indices
15NixseNixse2019CFD
16Grand CapitalGrand Capital2006MT4: 500+ instruments: Forex, CFD on shares, metals, indices, Bitcoin, cryptocurrencies. MT5: 450+ instruments
17101investing101investing2016CFDs on Cryptocurrency, metals, Forex, Stocks, Indices, Commodities
18ProfitiXProfitiX2019Currency Trading, Commodities Trading, Shares Trading, Precious Metals, Cryptocurrencies, Stock Indices
19FinmarketFinmarket2015Currency, CFDs, Stocks, Commodities, Cryptocurrency
20Olymp TradeOlymp Trade2014Crypto-currencies, Currencies, Commodities, Indices, Stocks
21DukascopyDukascopy2000Metals, Gold
22eToroeToro2007Bitcoin
23ExnessExness2008CFDs on metals, cryptocurrencies
24FOREX.comFOREX.com1999Spot Metals (US unleveraged trading, UK and AU leveraged trading), CFDs (UK and AU only)
25Forex4youForex4you2007Forex, Commodities, Indices, Stocks, Bitcoin
26FreshForexFreshForex2004CFDs, Bitcoin
27IronFXIronFX2010Forex, Spot Metals, CFDs on commodities, indices and shares, futures, cryptocurrencies
28LH CryptoLH Crypto2018CFDs on Stocks, Commodities (oil, gold, silver, coffee, etc.), Cryptocurrencies
29BithovenBithoven2019CFD for crypto
30EightcapEightcap2009Forex, Commodities, Indices, Shares and Cryptocurrencies
31ETFinanceETFinance2018Forex, Crypto Pairs, Indices, Commodities, Stocks
32Fort Financial ServicesFort Financial Services2010Forex, Forex without spread, Futures, Stock, ETF, Binary options, Bitcoin
33FXOpenFXOpen2003Metals, Oil, Gas, Indexes, CFDs, Bitcoin, Cryptocurrencies
34IG MarketsIG Markets1995no
35ITRADERITRADER2013Available Assets: CFDs on Forex, Crypto Pairs, Indices, Commodities, Stocks

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
21 Oct, 2020   FxProBitcoin average transaction value increases 500% since July

The average value of Bitcoin (BTC) transactions has increased dramatically since July this year. The average transaction value was sitting at approximately $25,000...

FxPro
7 Oct, 2020   FxProETH mining is 3X more profitable than BTC

According to data from on-chain analytics provider Glassnode, the Ethereum hash rate hit an all time high of more than 250 terahashes per second (TH/s) on Oct. 6...

FxPro
5 Oct, 2020   FxProBitcoin attracts traders but does not increase much

Bitcoin has grown in the last 24 hours by 1% and traded around $10,700, a slight change since October 1st. It should be noted that trading volumes were above...

FxPro
2 Oct, 2020   FxProPrices are declining but overall capitalization grows

Bitcoin has grown by more than one per cent in the last day and traded at around $10,900. The crypto market in general demonstrates moderate positive dynamics...

FxPro
29 Sep, 2020   FxProBitcoin Has Been Less Volatile Than Tesla Stock for Months

Tesla (TSLA) has been seeing bigger daily percentage moves since the end of June, according to 30-day realized volatility data. Further, the volatility gulf between the two...

FxPro
28 Sep, 2020   FxProTrump, tax and hacks: things shaping Bitcoin price action this week

Bitcoin (BTC) starts the week pushing for $11,000 as ranging behavior continues, but futures gap danger remains. Sunday provided an unexpected boost to Bitcoin after...


PrimeXBT
23 Sep, 2020   PrimeXBTRavencoin Price Prediction: Will RVN Go Up?

The cryptocurrency industry is a wild world where just about anything goes. New projects are popping up nearly each and every day, with the majority of them set on building...

PrimeXBT
22 Sep, 2020   PrimeXBTZRX Price Prediction for 2020 to 2025

In the cryptocurrency space there is a lot of room for run of the mill digital assets like Bitcoin, but there is also a growing space for coins and protocols intended to advance...

FxPro
22 Sep, 2020   FxProThe reasons behind Bitcoin's drop

Bitcoin is trading in the red near $10,400 at press time, down 4% on the day, having faced rejection near $11,000 earlier on Monday. A decline in European stocks...

Cryptos 7 days
1 Bitcoin 12.22%
2 Ethereum 4.28%
3 Tether 0.04%
4 XRP 3.20%
5 Bitcoin Cash 2.94%
6 Binance Coin -2.60%
7 Chainlink 0.84%
8 Litecoin 11.56%
9 Polkadot 0.31%
10 Cardano 0.53%
11 Bitcoin SV -0.66%
12 USD Coin -0.10%
13 EOS 1.41%
14 Monero -5.72%
15 Crypto.com Coin -27.54%
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.