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
2LibertexLibertex1997Shares of leading corporations, Indices, Metals, Currencies (popular currency pairs, as well as Bitcoin, Litecoin), Oil and gas
3FIBO GroupFIBO Group1998FOREX, Spot Metals, CFDs, Bitcoin
4FxProFxPro2006CFDs and Spread Betting on FX, futures, spot indices, shares, spot metals, spot energies, сryptocurrencies
5HotForexHotForex2010Forex and Spot Metals, CFDs on Commodities, Indices, Oil and Shares, cryptocurrencies, bonds
6XMXM2009Forex, CFD, bitcoin, stocks, indices, commodities, precious metals, energies
7OctaFXOctaFX2011Gold, Silver, Crypto, Indices
8Grand CapitalGrand Capital2006MT4: 500+ instruments: Forex, CFD on shares, metals, indices, Bitcoin, cryptocurrencies. MT5: 450+ instruments
9ROinvestingROinvesting2017Forex, Indices, Stock Market, Cryptocurrencies, Commodities, Metals, ETF
10Olymp TradeOlymp Trade2014Crypto-currencies, Currencies, Commodities, Indices, Stocks
11EightcapEightcap2009Forex, Commodities, Indices, Shares and Cryptocurrencies
12ETFinanceETFinance2018Forex, Crypto Pairs, Indices, Commodities, Stocks
13InstaForexInstaForex2007currency pairs, CFDs on shares, CFDs on cryptocurrencies, CFDs on commodities, CFDs on indices and futures
14Moneta MarketsMoneta Markets2019Share CFDs, Commodities, Indices, FX and Crypto
15PrimeXBTPrimeXBT2018Bitcoin, Forex, CFDs, CFDs on Bitcoin, CFDS on Spot metals, CFDS on Indices, CFDs on Energies
16ProfitiXProfitiX2019Currency Trading, Commodities Trading, Shares Trading, Precious Metals, Cryptocurrencies, Stock Indices
17DukascopyDukascopy2000Metals, Gold
18eToroeToro2007Bitcoin
19ExnessExness2008CFDs on metals, cryptocurrencies
20FOREX.comFOREX.com1999Spot Metals (US unleveraged trading, UK and AU leveraged trading), CFDs (UK and AU only)
21Forex4youForex4you2007Forex, Commodities, Indices, Stocks, Bitcoin
22FreshForexFreshForex2004CFDs, Bitcoin
23IronFXIronFX2010Forex, Spot Metals, CFDs on commodities, indices and shares, futures, cryptocurrencies
24NordFXNordFX200833 currency pairs, gold, silver, 11 crypto pairs, 6 CFD indicies, 64 stocks
25BithovenBithoven2019CFD for crypto
26IG MarketsIG Markets1995no
27ITRADERITRADER2013Available Assets: CFDs on Forex, Crypto Pairs, Indices, Commodities, Stocks
28Vantage FXVantage FX2009Share CFDs, Commodities, Indices, FX and Crypto

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
7 Aug, 2020   FxProComposition of Bitcoin's investor base is rapidly shifting

This shift comes as more investors start turning to the benchmark cryptocurrency due to its status as a "hard asset" - which many be sparking a trend of accumulation...

FxPro
6 Aug, 2020   FxProBitcoin: 3 Bullish Signs

Bitcoin (BTC) is seeing a surge in interest this summer, as consumer awareness is reflected in unique network entities hitting more than two-year highs...

PrimeXBT
5 Aug, 2020   PrimeXBTMajors lead bitcoin higher, but crypto correction begins

After several months of stagnant price action, last week the cryptocurrency market exploded, putting an end to the boring sideways trend. It also sent Bitcoin...

FxPro
31 Jul, 2020   FxProNext Bitcoin Bull Run Will Be Dramatically Different

Cameron Winklevoss, the billionaire founder of cryptocurrency exchange Gemini, believes the next Bitcoin (BTC) bull run will be much different. When compared...

PrimeXBT
29 Jul, 2020   PrimeXBTBulls are Back: Bitcoin has pushed on towards $11000

Bitcoin has gone weeks and weeks without much price action to speak of - neither up nor down. The major cryptocurrency by market cap seemed to get trapped...

FxPro
29 Jul, 2020   FxProBitcoin's Price and Ether's Dominance Sit at 2020 Highs

Bitcoin's price is at its 11-month high as volatility bounces back up. Meanwhile, ether's dominance has spiked on continued growth in decentralized finance (DeFi)...


FxPro
28 Jul, 2020   FxPro$11000 Bitcoin: What's Fueling the Massive Pump?

The bitcoin price peaked at $11,417.11 Monday evening, up more than $1,500 on the day. At the time of writing, the digital asset was sitting on a gain of 13%...

PrimeXBT
22 Jul, 2020   PrimeXBTEarly Signs That the Bitcoin Boredom May Soon End

The cryptocurrency market continues to be mostly flat, thanks to primary market movers Bitcoin and Ethereum ranging sideways for several months now...

PrimeXBT
17 Jul, 2020   PrimeXBTFlat Market Lets Mid-Caps Run, Bitcoin Prepares Bullish Breakout

The broader financial market continues to fend off another Black Thursday style collapse or second-leg down scenario. And although the return of risk...

Cryptos 7 days
1 Bitcoin -0.93%
2 Ethereum 0.04%
3 XRP -4.90%
4 Tether 1.53%
5 Chainlink 69.99%
6 Bitcoin Cash -1.00%
7 Bitcoin SV -10.09%
8 Cardano -0.02%
9 Litecoin -5.85%
10 Tezos 35.10%
11 Binance Coin -5.83%
12 Crypto.com Coin 0.12%
13 EOS 1.37%
14 Stellar -4.59%
15 Monero 0.39%
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.