With the prominence that cryptocurrency has today, it should come as no surprise that many forex brokers have implemented crypto trading into their brokerage services. But even with the large number of brokers that offer crypto trading today, finding a reliable, affordable and trustworthy one can be challenging.
Perhaps the most significant of the challenges we face today is keeping our private key safe, as there are numerous levels of risk and complexity that comes with this. That’s why the few brokers who offer crypto trading today often don’t feature a wallet that permits the withdrawal of actual tokens.
With this in mind, we’ve put together a list of well-established and trusted brokers who offer crypto services for you to choose from in 2019.
Since being founded way back in 2006, eToro has steadily held its reputation as a powerful, innovative and reliable trading platform. They now hold a Money Service Business license and offer a crypto wallet with direct withdrawals and deposits of tokens.
Most top-tier cryptos can be traded, including Bitcoin, Ethereum, and Dash among others. For a more in-depth look at what eToro offers for U.S. clients, head over to InvestinGoal.com. Their comprehensive review details everything you need to know about fees, signing up, and alternatives.
In addition to their whopping range of over 15,000 products to trade across numerous asset classes, IG also offers seven pairs of crypto including Bitcoin and Ethereum. With an intuitive and in-depth user interface, flexible margin requirements and solid contract specifications, IG’s long-standing trading platform is a considerable option.
Swissquote was founded way back in 1996 and has established itself with over 300,000 clients worldwide. While you cannot yet perform withdrawals, Swissquote can acts as a custodian for clients, offering your monetary equivalent in Bitstamp.
This means that Swissquote is fully centralized in terms of crypto holdings, making it remarkably secure. Major cryptos are all on offer, including Bitcoin. The portfolio view and overall user interface design are well-made, making it enjoyable to use on a daily basis.
XTB has recently gained more prominence in the trading community for their improved quality and service. Since 2018, the broker has expanded their range of crypto CFD pairs to a total of twenty, including all the most popular platforms in addition to more niche coins such as EOS, Stellar, Tron, Neo, and Ether Classic.
Their user interface is more on the simple side, focusing on functionality above visuals. However, most features that you’d expect to find are there and daily use is pleasant.
Formerly known as ThinkForex, ThinkMarkets currently includes nine different crypto CFDs in their portfolio. This includes Bitcoin, NEO, Ethereum, Ripple, Dash and Bitcoin’s Cash, and Gold variants. Keep in mind that this broker is less appealing for long-term investments as their crypto CFD contracts expire weekly.
While many brokers are increasing their reach into the cryptocurrency sphere, only time will tell whether any new players are able to capture the attention of crypto traders as effectively as already established platforms. Regardless, current options make a compelling enough case to be worth a try.