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
1FxProFxPro2006CFDs and Spread Betting on FX, futures, spot indices, shares, spot metals, spot energies, сryptocurrencies
2FXTMFXTM2011Bitcoin, Forex, CFDs, CFDs on Bitcoin, CFDS on Spot metals, *Cryptocurrencies are only available in FT Global Limited; *NGN are only available to Nigerian clients
3LibertexLibertex1997
4FIBO GroupFIBO Group1998FOREX, Spot Metals, CFDs, Bitcoin
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
11USGUSG2006Forex, Metal, Indices, Bitcoin
12EightcapEightcap2009Forex, Commodities, Indices, Shares and Cryptocurrencies
13ETFinanceETFinance2018Forex, Crypto Pairs, Indices, Commodities, Stocks
14InstaForexInstaForex2007currency pairs, CFDs on shares, CFDs on cryptocurrencies, CFDs on commodities, CFDs on indices and futures
15ITRADERITRADER2013Available Assets: CFDs on Forex, Crypto Pairs, Indices, Commodities, Stocks
16ProfitiXProfitiX2019Currency Trading, Commodities Trading, Shares Trading, Precious Metals, Cryptocurrencies, Stock Indices
17FXOpenFXOpen2003Metals, Oil, Gas, Indexes, CFDs, Bitcoin, Cryptocurrencies
18DukascopyDukascopy2000Metals, Gold
19eToroeToro2007Bitcoin
20ExnessExness2008CFDs on metals, cryptocurrencies
21FOREX.comFOREX.com1999Spot Metals (US unleveraged trading, UK and AU leveraged trading), CFDs (UK and AU only)
22Forex4youForex4you2007Forex, Commodities, Indices, Stocks, Bitcoin
23FreshForexFreshForex2004CFDs, Bitcoin
24IronFXIronFX2010Forex, Spot Metals, CFDs on commodities, indices and shares, futures, cryptocurrencies
25NordFXNordFX2008Gold, Silver, 16 cryptocurrency pairs, 4 crypto indicies
26BithovenBithoven2019CFD for crypto
27IG 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
28 May, 2020   FxProBitcoin's bounce back over $9000 masks a potential downtrend

Bitcoin's trading above $9,000 once again, but technical indicators suggest the largest cryptocurrency is stuck in a funk. Though the price level may provide...

FxPro
27 May, 2020   FxProBitcoin develop its decline

Bitcoin was still unable to overcome $9K gravity yesterday. For the first crypto-coin, ever lower resistance levels often turn out to be a pretty adverse scenario. Bitcoin loses about 1% per day...

FxPro
20 May, 2020   FxProStruck in sideway or breaking down-trend?

Bitcoin has been forming a sideways price trend of around $9,700 over the last three days. This can be considered bad news for the first cryptocurrency, as for the...

FxPro
19 May, 2020   FxProBitcoin: fighting to break the global downtrend

Bitcoin starts the week on a positive note, adding 3% in the last 24 hours and changes hands for $9,800. At the moment, the most crucial struggle for the first...

FIBO Group
18 May, 2020   FIBO GroupBitcoin needs to break $10000 mark

Bitcoin's latest run towards the $10,000 mark will be watched closely by the market to see it it is finally able to break this key resistance level, something...

FxPro
14 May, 2020   FxProBitcoin defies gravity

Bitcoin defies gravity, adding 7% in the last 24 hours to $9,500 at 09:00 GMT. Along with the price, the trading volume increased by 12%, which...


FxPro
13 May, 2020   FxProBitcoin lost its driver

Bitcoin adds 2% in the last 24 hours to $8,900. Bulls tend to cling to $9,000, but the current growth comes with a 28% decline in trading volumes over the past 24 hours...

Grand Capital
11 May, 2020   Grand CapitalBitcoin halving: what to expect? Will it drop the price?

On May 12th, mining the original cryptocurrency - bitcoin - will become twice less profitable. The previous two instances of halving led to a high volatility...

FIBO Group
7 May, 2020   FIBO GroupHalving: Huge prediction for Bitcoin

Bitcoin has continued on its mega rally in today's trading session, comfortably passing through the $9000 mark which continues the remarkable recovery of the worlds favourite...

Cryptos 7 days
1 Bitcoin 5.95%
2 Ethereum 14.18%
3 XRP 4.36%
4 Tether -0.16%
5 Bitcoin Cash 6.34%
6 Bitcoin SV 4.17%
7 Litecoin 7.23%
8 Binance Coin 5.57%
9 EOS 6.69%
10 Tezos 4.56%
11 Cardano 42.90%
12 Chainlink 8.63%
13 Crypto.com Coin 13.30%
14 Stellar 7.95%
15 UNUS SED LEO 4.19%
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.