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Bitcoin Forex Brokers 2021 – Best Cryptocurrency Brokers

Forex Rating reviews and rates the Top Cryptocurrency Brokers offering Cryptoc Trading. We list Bitcoin Forex Brokers that accept payments via Bitcoin, Bitcoin Cash, Ethereum, Ripple and other cryptocurrencies.

# Forex Broker Cryptocurrencies Year Status Regulation
1Register FXTM accountFXTM2011CySEC, FCA, IFSC
2Register Libertex accountLibertex1997CySEC
3Register FXCC accountFXCC2010CySEC, VFSC
4Register FxPro accountFxPro2006CySEC, FCA, FSCA, SCB
5Register OctaFX accountOctaFX2011SVG
6Register HotForex accountHotForex2010CySEC, FSC, FSB, FCA, BaFin, DFSA
7Register FreshForex accountFreshForex2004SVGFSA
8Register ABInvesting accountABInvesting2020FSC
9Register Brokereo accountBrokereo2020CySEC
10Register Financial Centre accountFinancial Centre2001n/a
11Register Kiexo accountKiexo2020n/a
12Register Nixse accountNixse2019n/a
13Register Grand Capital accountGrand Capital2006Financial Commission, Serenity
14Register Finmarket accountFinmarket2015CySec
15Register Olymp Trade accountOlymp Trade2014IFC
Complete Fundamental and Technical Trading Analysis Tools

Who said you can't have trading platforms, and trading analysis tools too? In fact, at eXcentral, we believe you can't really have one without the other, which is why all your Fundamental and Technical Analysis tools are available for free (even with no registration needed). So get your trading started the right way, by checking all the upcoming economic events and releases, double-checking your calculations and seeing what charts, indicators and analysts are anticipating. Did we mention it's free?

16Dukascopy Information & ReviewsDukascopy2000FINMA
17eToro Information & ReviewseToro2007NFA, CySEC, ASIC, CFTC, MiFID, FCA
18Exness Information & ReviewsExness2008CySEC, FCA
19FOREX.com Information & ReviewsFOREX.com1999NFA, CFTC, FCA, ASIC, FSA, IIROC, SFC
20Forex4you Information & ReviewsForex4you2007FSC BVI
21LH Crypto Information & ReviewsLH Crypto2018VFSC
22Eightcap Information & ReviewsEightcap2009ASIC, VFSC
23FortFS Information & ReviewsFortFS2010IFSC
24FXOpen Information & ReviewsFXOpen2003FCA, ASIC, FC
25InvestMarkets Information & ReviewsInvestMarkets2020IFSC Belize
26ITRADER Information & ReviewsITRADER2013
27TradedWell Information & ReviewsTradedWell2020CySEC

* Forex Rating accepts no liability for any errors in the information, trading conditions and Forex Reviews of the Bitcoin Forex Brokers. For the most recent information please visit the Forex Broker's site.

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 comliared 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.

Top Cryptocurrencies

# Cryptocurrency 7 days
1 BTC Information Bitcoin 0.36%
2 ETH Information Ethereum 6.44%
3 BNB Information Binance Coin 3.53%
4 ADA Information Cardano -1.74%
5 USDT Information Tether 0.02%
6 SOL Information Solana 22.66%
7 XRP Information XRP -5.06%
8 DOT Information Polkadot 3.95%
9 DOGE Information Dogecoin 4.54%
10 USDC Information USD Coin 0.04%
11 LUNA Information Terra 15.32%
12 UNI Information Uniswap -0.33%
13 AVAX Information Avalanche 11.53%
14 LINK Information Chainlink 10.89%
15 WBTC Information Wrapped Bitcoin 0.38%
16 LTC Information Litecoin 4.56%
17 SHIB Information SHIBA INU 29.25%
18 BUSD Information Binance USD 0.03%
19 BCH Information Bitcoin Cash -1.35%
20 ALGO Information Algorand 4.81%
Cryptocurrency Rating

Top Forex Advisors 2021

Forex Advisors Rating

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