10+ Best Cryptocurrency Brokers Today 2022

What is the main purpose of cryptocurrency trading (and any trading in general)? The answer is obvious - to earn money , that is, to make a profit from the difference in the cost of a product/service when buying and selling. When trading with intermediaries, it is important to get the best terms in order to benefit from every trade. Also, intermediary companies charge a commission for their services, and the lower it is, the greater the profit.

A broker is an intermediary between a trader and other market participants

In cryptocurrency trading, everything is similar: traders use various services that help them make transactions with digital coins. Such intermediaries can be cryptocurrency exchanges - one of the most convenient and reliable ways to purchase tokens for cryptocurrency or traditional money (if the site works with fiat currencies). But many traders prefer to work not with exchanges, but with brokerage companies or, more simply, cryptobrokers .

Сrypto broker is not just a platform for trading cryptocurrency. This is a guide who accompanies the trader at all stages of trading, searches for more suitable counterparties, offers more favorable conditions and discounts, provides analytical and statistical data, which as a result has a positive effect on trading profitability.

Thus, the broker helps a beginner navigate the world of cryptocurrencies without having a lot of knowledge and skills, and offers more favorable conditions to experienced traders with large trading volumes. ✅

Today we’ll talk about what cryptobrokers are and how they differ from exchanges. And also what criteria, besides low commission and reputation, should a reliable broker have.

IMPORTANT! Despite the fact that the broker is not a crypto exchange, in our review you will find cryptocurrency exchanges in the list of the best crypto brokers. Many (including us) include them in this rating, since some popular exchanges offer good conditions for trading on the crypto market that can compete with top brokers.

FinmaxFX

FinmaxFX is a company founded in 2022.

Advantages of trading conditions:

1. More than 30 cryptocurrencies for trading.
2. Official regulation of TsROFR and VFSC.
3. High profitability.
4. Multifunctional MetaTrader 5 platform.
5. You can trade from your computer and phone, as well as from web platforms, for this there is MT5 FiNMAXFX.
6. You can use the following currency accounts: dollar, euro, Russian ruble.
7. The minimum transaction starts from 0.01 lot.
8. The ability to open an account in rubles, dollars and euros, replenish the balance and withdraw profits in them.
9. The maximum investment is not limited.
10. You can deposit and withdraw money to your Bitcoin wallet.

Disadvantages of the platform:

• on weekends, most assets are not available for trading. Trading is conducted from Monday 00:00 to Friday (23:59 GMT);
• Technical support is not available on weekends;
• minimum first deposit – $250;
• no millibitcoin account.

The company consists of two brands: Finmax – for binary options and FinmaxFX – for Forex. Both there and there you can trade cryptocurrency.

I looked at some reviews about this broker on independent reputable sites, and they were mostly positive. For example, here is a review from Ratingfx.ru:

From Brokers.best:

Weltrade

Weltrade has been operating in the financial market since 2006. Cooperates with 18 countries. Does not work with the USA and Canada.

5 professional awards confirming the status of one of the best brokers.

Translated into 9 languages, including Russian and English.

The main advantages and advantages of the broker:

1. 5 trading accounts: Micro, Premium, Pro, ZuluTrade, Crypto.
2. Minimum order from 0.01 lot.
3. The minimum deposit is $25.
4. When trading cryptocurrency, the minimum deposit is $50.
5. 70 trading instruments.
6. Leverage 1:3–1:20 for cryptocurrency trading.
7. Execution of transactions – from 0.7 seconds.
8. Platforms MT4, MT5, access from phone, tablet, computer.
9. Cryptocurrency trading without commissions, withdrawal of funds in 30 minutes 24/7.
10. 15 cryptocurrency pairs.
11. Bonuses and promotions. When you top up your account with $200 or more, the amount doubles.
12. Payment systems: bank cards Visa, MasterCard, Neteller, Skrill, Bitcoin.
13. “Safe” service: stores money and charges up to 12% per annum.

The main disadvantage of the site is the lack of a demo account, as well as the slow response of the support service. To trade cryptocurrency, a Crypto account is immediately opened.

We have a detailed review of Weltrade on our blog.

You can read reviews about the broker on Brokers.best:

Weak spots

Decentralized management, absence of intermediaries, transparency of operations - these are the factors that ensure the profitability of mining. But when cryptocurrency leaves the blockchain dimension and enters the outside world, everything changes. If in “mining” conditions the interests of the miner are protected by a complex algorithm, then for the trader different physics apply. Within the financial market, cryptocurrency acquires such characteristics as high volatility and lack of liquidity. The value can be affected by a wide range of events: from large capital movements between European countries to the sudden devaluation of a seemingly insignificant currency of one of the Central African states. In addition, there are no clear rules governing the behavior of electronic money, which creates additional risks.

AMarkets

AMarkets is a broker that has been operating flawlessly since 2007. 500,000+ clients.

Advantages:

1. Money protection. AMarkets is a member of The Financial Commission, which resolves disputes among financial market participants and protects each of its clients with the help of the Commission's compensation fund - up to €20,000 for each trading claim.
2. Instant replenishment without commissions.
3. Regular promotions and bonuses.
4. Trading leverage up to 1:1,000.
5. EUR, USD, RUB accounts.
6. Spreads from 0.2, order execution speed from 0.03 sec.
7. There is RAMM copy trading for traders and investors.
8. More than 15 awards.

Tools of the trade:

• 42 currency pairs;
• 165 CFDs on shares;
• 11 commodities;
• 7 metals;
• 5 cryptocurrencies;
• 16 indexes;
• 2 bond futures.

Trading accounts:

1. FIXED. Initial deposit – $100 / €100 / ₽7,000.
2. STANDARD. Initial deposit – $100 / €100 / ₽7,000
3. ECN. Initial deposit – $200 / €200 / ₽14,000.
4. Demo.
5. RAMM.

Trading platforms:

• MetaTrader 4
• MetaTrader 5.

You can trade on both platforms through the Web Terminal (browser).

Deposit and withdrawal of money:

1. Visa, MasterCard.
2. Bank transfer.
3. WebMoney, Perfect Money, Neteller, Skrill, FasaPay.
4. BTC, Litecoin, USDT (Tether), Ethereum.

There is an Android application for copy trading.

Our blog has a detailed review of AMarkets.

Reviews on brokers.ru:

RoboForex

RoboForex is a company operating since 2009. Regulated by IFSC license.

Winner of more than 20 financial industry awards.

There is protection against negative balance here.

Civil liability insurance, limit 5,000,000 EUR, in case of risks leading to financial losses.

Pros:

1. Platforms MetaTrader4, MetaTrader5 and R Trader.
2. 26 cryptocurrencies for trading.
3. Trading 24/7.
4. The minimum deposit is $10.
5. Leverage – up to 1:50.
6. 5 types of accounts.
7. More than 20 crypto instruments.
8. 4 bonus programs.

Among the disadvantages: slow technical support and withdrawal of funds with delays.

If you are from Belarus, then trade with RoboForex Belarus. This way you will be exempt from paying taxes.

Levelself.ru has a detailed review of RoboForex. Explore.

Reviews taken from the independent website Brokers.best will help you form your opinion about the broker:

Alpari

Alpari is a broker operating in the financial market since 1998.

Withdrawing funds and replenishing your account can be done using 36 instruments: payment cards, electronic wallets, credit cards.

4 awards in finance.

Included in the rating of the top 10 Russian brokers.

Pros of trading:

1. 21 real-time cryptocurrency rates in charts.
2. 7 account types + demo account.
3. For CFDs on cryptocurrencies, the maximum number of open positions is 100.
4. The minimum investment amount is $50.
5. Works in several languages, including Russian, Ukrainian.
6. Verification only when making a deposit from a bank account.
7. Points to reduce the commission for withdrawal of funds.
8. Daily crypto market news.
9. 2 trading terminals: MT4, MT5.
10. The spread in the evening hours can widen, from 4 to 6 points.

Disadvantages of the platform:

1. There is no license from the world's leading regulatory authorities.
2. Few financial instruments.

Our blog has a detailed review of Alpari.

Brokers.best has real reviews about the platform:

LiteForex

LiteForex - has been operating since 2005, positioning itself as the owner of the largest set of cryptocurrency pairs among brokers.

It has favorable trading conditions, high speed of the company and trading orders.

Advantages of working with a broker:

1. More than 15 years on the market.
2. Easy start, quick registration and minimal starting capital (min deposit – $50).
3. Popular trading platforms MT4 and MT5 for tablets, computers and phones.
4. Types of trading accounts: ECN, CLASSIC.
5. Islamic accounts with some positions carried over to the next day.
6. Bonuses and promotions.
7. 24/7 support.
8. Reimbursement of payment system commissions.
9. Competitions with valuable prizes.
10. When withdrawing funds up to $100, the request is automatically processed.
11. 16 cryptocurrency pairs for trading.

The advantages of the broker are impressive, but some traders note the following disadvantages: high spreads and problems with technical support (it works slowly and does not solve all problems).

You can read more reviews on the Brokers.best website:

And also on the Otzyvdengi website:

YoBit

The user-friendly interface attracts many visitors to this exchange.

It does not have mandatory verification, and you can deposit and withdraw funds through electronic payment systems.

But from time to time you can find complaints online about hacking on this site. Our team at this exchange did not have such personal negative experience, but such a possibility cannot be excluded.

Launch year: 2014

Trading volume: $14 million.

Working with fiat: QIWI, YaD, Payeer and other payment systems

Work with rubles: yes

Verification: optional

Number of trading pairs: 400

Site language: multilingual (including Russian)

Register on YoBit

FxPro

FxPro – the company began its existence in 2006.

More than 70 victories and awards in prestigious professional categories.

The broker has 4 official licenses: FCA, CySEC, FSCA, SCB.

The main positive aspects of the platform:

1. Popular account replenishment options: bank transfer, credit cards, payment systems PayPal, UnionPay, Skrill and Neteller, as well as ruble bank transfers (Yandex.Cash tab → online banking Sberbank Online, Alfa-Click, Tinkoff).
2. Tight spreads.
3. No commissions.
4. Trade from any device from popular platforms: MT4, MT5, FxPro cTrader, FxPro Edge.
5. Multilingual technical support is available 24 hours on weekdays.
6. The FxPro mobile app for iOS and Android allows you to trade instantly with deep liquidity.
7. Secure FxPro Wallet.
8. Up to 7,000 orders per second.
9. Popular cryptocurrencies for trading: Bitcoin, Ethereum, Litecoin and others.
10. The minimum deposit is $500.
11. Average execution time < 11.06 ms.

The disadvantages are the following:

1. A small number of payment systems.
2. Initially, the recommended deposit is from 500 USD (with the minimum available for transfer being from 100 currency units).

Reviews about this platform are mostly positive. But there are several that make you think about investing your funds. On Otzyvdengi.com:

On Ratingfx.ru:

StormGain

StormGain is a convenient and accessible young platform for trading cryptocurrencies. Founded in 2022.

Work in 12 languages.

Long-term investments in cryptocurrency assets.

Can be used on all devices.

The minimum deposit is an amount equivalent to $50.

Commissions: for exchange – from 0.095 to 0.25%; for crypto trading – from -0.35 to -0%; for replenishment using credit cards – 5%; for deposits in cryptocurrency – 0%; for withdrawal in cryptocurrency – 0.1%.

Platform advantages:

1. Highest multiplier on the market: x200 for BTC.
2. 23 popular trading instruments.
3. Withdrawal of any amount.
4. Demo account up to $50,000.
5. Real-time cryptocurrency price charts.
6. 7 levels of loyalty program: Standard, Gold, Platinum, Diamond, VIP, VIP2, VIP3.

Disadvantages of the platform:

• young broker, works only with cryptocurrency;
• withdrawal only in cryptocurrency.

The working conditions here are very favorable, plus a wide range of services.

Reviews about the work of the site are mixed: there are positive and negative. Here are 2 reviews from the website OtzyvDengi.com:

Positive review of StormGain

XTB

XTB Limited was founded in 2002 and registered in London, UK. The company is licensed by the FCA. XTB offers its clients more than a thousand trading instruments, including indices, currencies, stocks, commodities, ETFs and cryptocurrencies. Cryptocurrency CFDs offered by XTB include Bitcoin, Dash, Litecoin, Ethereum, Ripple, Stellar, Monero, IOTA and a number of other altcoins. Trading cryptocurrencies is offered on the xStation 5 trading platform with the most comprehensive graphics package. Trading accounts of XTB clients are protected from the risk of capital loss as a result of hacker attacks. The broker offers convenient access to the cryptocurrency market through mobile applications. Cryptocurrency trading with XTB is carried out 24/7, 7 days a week. The broker offers its clients a 365-day contract period, low transaction costs and high liquidity. Apart from Euro and Dollar cryptocurrency pairs, the broker exclusively offers cryptocurrency pairs such as Bitcoin/Dash, EOS/Bitcoin, Bitcoin Cash/Bitcoin, EOS/Ethereum, Ethereum/Bitcoin and several others. XTB offers a 30-day demo account to test cryptocurrency trading. The xStation 5 trading platform is attractive for its trading transparency, real-time statistics and real-time market commentary.

NordFX

NordFX has been operating in the financial market since 2008.

Has more than 50 professional prizes and awards.

One of the largest Forex brokers.

Provides a full range of Forex trading services: stock indices, stocks, cryptocurrency, gold, oil.

The main advantages of trading on the platform:

1. Leverage up to 1:1,000.
2. The minimum deposit is $10.
3. Execution of orders from 0.5 seconds.
4. Profitable deposits in Bitcoin, Ethereum, and dollars.
5. PAMM service.
6. Investments in shares of the world's leading companies.
7. Technical support 24/5.
8. Low spreads: from 0 points.
9. Trading accounts: Fix, Pro, Zero, Stocks + demo.
10. Deposit and withdrawal of funds using the following systems: bank transfer, Visa, MasterCard, Skrill, WebMoney, Neteller, PayWeb, Payza, Perfect Money, FasaPay, Qiwi, Z-Payment cards.

The company has few disadvantages, but they complicate comfortable trading:

1. Lack of a convenient MT5 platform.
2. Lack of a wide selection of trading pairs and metals.
3. Some people speak negatively about the amount of commissions and spreads.

Based on the reviews, you can understand that the broker does not allow you to “grab stars from the sky,” but will not leave experienced traders without a profit. Reviews can be found on the Brokers.best website:

Poloniex

This is also one of the first crypto exchanges that offers everything a trader or investor in cryptocurrencies needs.

In terms of trading volume, it consistently ranks among the top 15 largest cryptocurrency exchanges in the world.

The only inconvenience for some may be mandatory verification.

Launch year: 2014

Trading volume: $200 million.

Work with fiat: QIWI, WM, YaD and other payment systems, and bank cards are available after verification

Working with rubles: no

Verification: mandatory (passport and selfie)

Number of trading pairs: more than 300

Site language: multilingual (including Russian)

Register on Poloniex

ForexClub

ForexClub is a group of companies, a well-known international brand since 1997. Has more than 100 offices in different countries.

Currently it does not work with Russia , USA, Japan, Brazil and countries under international sanctions.

Has 23 awards.

Since 2016, member of the International Financial Company.

Trading from the Libertex platform for browser, desktop, iPhone and Android allows you to get started in 1 minute.

No spreads.

Pros:

• transactions are carried out 24/7 – choose any time convenient for you;
• low liquidity;
• high volatility;
• 47 cryptocurrencies available for trading;
• the trader’s account must have at least 20% of the market price of the cryptocurrency;
• demo account for $50,000;
• popular platforms MT4, MT5 for Windows and smartphones;
• 24/7 technical support;
• no minimum account size;
• more than 25 ways to top up your account and withdraw profits.

Information about replenishing your account
Below you can read reviews from real people who traded cryptocurrency on the platforms of this broker. I found the following opinions on Brokers.best:

Cryptobull

Cryptobull (@Cryptobull) is a well-known Bitcoin and altcoin trader with 173,000 Twitter followers. He shares TA data and detailed forecasts in his humorous tweets. On December 6, Cryptobull conducted a poll asking whether there had been a bottom. 52% of the 6,472 people surveyed voted that there was no bottom and that the price of Bitcoin could likely decline.

Cryptobull frequently writes about market sentiment.

FreshForex

FreshForex is a popular broker, operating since 2004. More than 15 years of experience. More than 30 awards.

Translated into 15 languages.

The advantage over other brokers is more than 139 instruments in the trading arsenal. This includes stocks, indices, metals and cryptocurrencies.

Pros of trading here:

1. When working with investments, a leverage of 1:2,000 is provided.
2. Execution of orders without requotes in 0.05 seconds.
3. 0% commission on all deposits to your trading account.
4. 10 minutes to withdraw funds.
5. Technical support 24/5.
6. 6 types of accounts: Trading, Affiliate, Swap free, ProCent, ECN, Educational.
7. Bonuses and promotions.
8. Cashback insurance.
9. MT4 and MT5 terminals, Web terminal.
10. Free trading training.

There are also shortcomings in the company. According to traders' reviews, they are not satisfied with the broker's work:

• lack of an office in Russia;
• There is no possibility to convert currencies.

I found several mixed reviews on the Otzyvdengi.com website. You can read them and form your opinion whether it is worth working with this broker:

Negative review about FreshForex

On the Brokers.best website:

BitFinex

One of the oldest crypto exchanges.

Registered in the Virgin Islands.

The functionality is wide and suitable for both investors and traders.

Before you start, you need to enable two-factor verification to increase the reliability of working with this trading platform.

Launch year: 2013

Trading volume: $1.3 billion.

Working with fiat: bank cards after verification

Working with rubles: no

Verification: optional

Number of trading pairs: more than 270

Site language: multilingual (including Russian)

Register on BitFinex

Admiral Markets

Admiral Markets - has been operating since 2001, the company is registered in England and Wales.

It is regulated by the UK Financial Conduct Authority (FCA).

Trade Advantages:

1. Trading platforms: MT4, MT5, MT Supreme Edition, WebTrader MT.
2. The minimum deposit is $100.
3. More than 3,000 trading instruments.
4. Monetary transactions are carried out after verification - enhanced client protection.
5. Replenishment and withdrawal of funds using payment systems: Visa, MasterCard, Klarna, Skrill, Neteller, Przelewy, bank transfer.
6. Support is available 10.00–20.00 Moscow time, 5 days a week on weekdays.
7. 32 CFDs on cryptocurrencies.

In general, this broker values ​​​​its reputation and works with maximum focus on the needs of traders. Quality, convenience and a well-thought-out policy for providing information are additional advantages of the site.

Disadvantages include an overly scrupulous approach to verification (but you have to pay for security) and a small list of payment systems for financial transactions.

On Brokers.best you can look at reviews about the reliability of this company, below are a few of them:

CEX

The company was registered in 2013 in the UK. But for the first few years, only cloud mining services were offered.

Since 2015, the company began offering cryptocurrency trading platform services.

You can make one-time transactions without verifying your identity, but to permanently work on the exchange you will have to undergo verification.

Launch year: 2015

Trading volume: $30 million.

Working with fiat: electronic payment systems and bank cards after verification

Working with rubles: no

Verification: mandatory (passport and selfie)

Number of trading pairs: more than 130

Site language: multilingual (including Russian)

Register for CEX

Tips for choosing a broker for cryptocurrency trading

If you have chosen cryptocurrency trading as a way to make money, you need to consider some nuances:

1. Range. Brokers focused on cryptocurrency trading provide a wide range of assets: from unfamiliar to generally accepted. There is no such assortment of pairs on Forex platforms - most often these are Bitcoin, Litecoin, Ethereum.
2. Functions. Forex brokers who have added cryptocurrency in small quantities have better technical capabilities for trading. The functionality of cryptocurrency exchanges is not suitable for market analysis and other opportunities.
3. Execution of transactions. If it is important for you to take advantage of the best rate and low commissions, focus on cryptocurrency exchanges. For Forex brokers, transaction execution rates are higher, as are commissions.
4. Safety. But please note that the security of funds is better ensured by Forex brokers. There have been cases of hacking of cryptocurrency exchanges, but Forex clients are difficult to hack.

These are the main points that you must decide for yourself when the question is which broker to buy cryptocurrency from.

Friends, watch this video:

Another point: do not forget that trading cryptocurrency at night is not recommended. At this time, the price corridor is too narrow, which does not even cover the spread.

I in no way encourage you to trade on these sites. I just made an independent review of, in my opinion, the best cryptocurrency brokers. Remember that you are responsible for your own finances and bear full responsibility for the risks!

To manage your money wisely, I recommend that you take free or paid financial literacy courses.

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