The best cryptocurrency brokers for 2024

best cryptocurrency brokers

✔️ Information reviewed and updated in February 2024 by Pedro Martínez González

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3anglefx
star star star star star

3anglefx

✔ Platform

MT5

✔ Founded in

2019

✔Min Deposit

$ / € 100

✔ Regulated by

CySEC

✔ Demo Account

SI

✔ Leverage

up to 1: 30

1
Equity broker
star star star star star

Equity

✔ Platform

Equity

✔ Founded in

2022

✔Min Deposit

$ / € 100

✔ Regulated by

CySEC-FSC

✔ Demo Account

SI

✔ Leverage

up to 1: 30

1
3anglefx
star star star star star

3anglefx

✔ Platform

MT5

✔ Founded in

2019

✔Min Deposit

$ / € 100

✔ Regulated by

CySEC

✔ Demo Account

SI

✔ Leverage

up to 1: 30

2
PRIME XBT
star star star star star gray

PrimeXBT

✔ Platform

PrimeXBT

✔ Founded in

2022

✔Min Deposit

$ / € 0

✔ Regulated by

FSA - FSP

✔ Demo Account

SI

✔ Leverage

up to 1: 500

2
Capitalix
star star star star star

Capitalix

✔ Platform

MetaTrader

✔ Founded in

2022

✔Min Deposit

$ / € 0

✔ Regulated by

CySEC-FSA

✔ Demo Account

SI

✔ Leverage

up to 1: 200

3
fostercap
star star star star star gray

fostercap

✔ Platform

fostercap

✔ Founded in

2022

✔Min Deposit

$ / € 200

✔ Regulated by

UK

✔ Demo Account

SI

✔ Leverage

up to 1: 200

3
PRIME XBT
star star star star star gray

PrimeXBT

✔ Platform

MT4, MT5 and more

✔ Founded in

2022

✔Min Deposit

$ / € 0

✔ Regulated by

FSA - FSP

✔ Demo Account

SI

✔ Leverage

up to 1: 500

4
XproMarkets
star star star star star gray

XproMarkets

✔ Platform

XproMarkets

✔ Founded in

2017

✔Min Deposit

$ / € 0

✔ Regulated by

FSA

✔ Demo Account

SI

✔ Leverage

up to 1: 30

4
GKFX broker
star star star star star gray

GKFX

✔ Platform

MT4

✔ Founded in

2013

✔Min Deposit

$ / € 100

✔ Regulated by

MFSA

✔ Demo Account

SI

✔ Leverage

until 1: 5, 1:30

5
4XC broker
star star star star star gray

4XC

✔ Platform

MT4, MT5

✔ Founded in

2018

✔Min Deposit

$ / € 10

✔ Regulated by

FSC

✔ Demo Account

SI

✔ Leverage

up to 1: 400

5
star star star star gray star gray

FXCM

✔ Platform

MT4

✔ Founded in

1999

✔Min Deposit

$ / € 50

✔ Regulated by

ASIC, FCA, FSP

✔ Demo Account

SI

✔ Leverage

up to 1: 30

6
fostercap
star star star star star gray

fostercap

✔ Platform

fostercap

✔ Founded in

2022

✔Min Deposit

$ / € 200

✔ Regulated by

UK

✔ Demo Account

SI

✔ Leverage

up to 1: 200

6
Admiral Markets
star star star star gray star gray

Admiral Markets

✔ Platform

MT4, MT5

✔ Founded in

2001

✔Min Deposit

$ / € 1

✔ Regulated by

FCA, ASIC, CySEC

✔ Demo Account

SI

✔ Leverage

up to 1: 30

7
XTB
star star star star gray star gray

XTB

✔ Platform

MT4, xStation 5

✔ Founded in

2020

✔Min Deposit

$ / € 250

✔ Regulated by

FCA, CySEC

✔ Demo Account

SI

✔ Leverage

up to 1: 500

8
pepper stone
star star star star gray star gray

Pepperstone

✔ Platform

MT4

✔ Founded in

2010

✔Min Deposit

$ / € 0

✔ Regulated by

ASICs, DFSA, FCA

✔ Demo Account

SI

✔ Leverage

up to 1: 200

9
GKFX broker
star star star star star gray

GKFX

✔ Platform

MT4

✔ Founded in

2013

✔Min Deposit

$ / € 100

✔ Regulated by

MFSA

✔ Demo Account

SI

✔ Leverage

until 1: 5, 1:30

10
plus500
star star star gray star gray star gray

Plus500

✔ Platform

Plus500

✔ Founded in

2002

✔Min Deposit

$ / € 100

✔ Regulated by

ASICs, CySEC

✔ Demo Account

SI

✔ Leverage

up to 1: 200

Cryptocurrencies are a digital asset that has gained great importance in recent years. One way to exchange them is to use different types of brokers. Today we will analyze the best Cryptocurrency brokers in this Top.

What are cryptocurrency brokers?

Before going full the Top Cryptocurrency BrokerIt is important to analyze what brokers are.

A Broker fulfills the function of being an intermediary between the Exchange and the investors. Brokers have the role of buying Cryptocurrencies directly from the Exchange, to later sell them to their clients.

This means that each Broker can set its own purchase-sale price, including the regime under which you will acquire a cryptocurrency, since when buying from an intermediary, you will not own the cryptocurrencies, you will be acquiring the underlying assets.

Before you see it as an option to opt for an Exchange instead of a Broker, do not see it that way, for many investors in the world of Trading, this is a better option to buy cryptocurrencies.

How do they work?

If you want to acquire cryptocurrencies through a Broker, you should know that the operation you will carry out is an exchange, that is, to invest in cryptocurrencies you must use a strategy and financial knowledge, in order to multiply your profits.

Before knowing which is the best in this top cryptocurrency brokers You must analyze what your objective is as an investor, so you can also choose correctly what type of platform you will use.

If you are looking for long-term investments, it is best to opt for an Exchange, and if you want to do cryptocurrency Trading more immediately, you can use a Broker.

A Broker will allow you to use the same platform to move in several markets, be it cryptocurrencies, raw materials and the Forex market.

Types of cryptocurrency exchanges

We have already seen basically what the function of a cryptocurrency Exchange is and according to its operation, we can divide it into two fundamental types. I tell you the different types of Exchange:

centralized exchanges

These types of platforms are the most common, and they function as an intermediary that connects users, providing the necessary support to carry out transactions.

The centralized Exchanges keep the cryptocurrencies in custody, once entered into the platform the user has the possibility of linking them to a wallet, to have control of their own assets.

These types of Exchanges provide regulations and charge commissions to use them.

Decentralized Exchanges

In this type of platform there is no centralized entity which manages operations between registered users.

One of its main advantages is that thanks to not having a third party safeguarding the operations, it has greater privacy and also its commissions are lower, since they do not have to pay a group of workers who observe and guard the operations, however, they are more difficult to handle and are only recommended for the most experienced traders.

Best cryptocurrency brokers

Now that we know what a Broker is and the main difference they have with Exchanges, it's time to talk about the best cryptocurrency brokers

For customers in Europe:

3AngleFX

Broker: 3AngleFx

3anglefx recommended

Regulatory: CySEC

cyst 1

Platform: MT5

metatrader 5

Minimum deposit: $ / € 0

Overall rating:

Leverage: Up to 1: 30

DEMO account: Yes

Binance is not only one of the main platforms to buy cryptocurrencies, but it is also an Exchange which allows trading with a large number of varieties of cryptocurrencies.

It has support for more than 130 currencies, including Bitcoin, Ethereum, among others.

The main advantage of this platform is that it is widely available globally and has the largest number of active registered users in the world.

Its application is also simple and easy to use, which is why many people, including first-timers, tend to use it.

➤ TradeEU

Broker: TradeEU.com

recommended tradeeus

Regulatory: CySEC

cyst 1

Leading: Own platform

recommended tradeeus

Minimum deposit: $ / € 0

Overall rating:

Leverage: Up to 1:50

DEMO account: Yes

This cryptocurrency broker is widely used in the European market and among its great attractions is that it is a regulated broker, so you will be sure that all your investments will be reliable.

You will be able to make operations with more than 50 cryptocurrencies, all in real time, from your mobile phone or desktop platform.

For clients in Latin America:

➤ Capitalix

Broker: Capitalix

recommended capitalix

Regulatory: FSA

fsa seychelles

Leading: Own Platform

recommended capitalix

Minimum deposit: $ / € 0

Overall rating:

Leverage: Up to 1:200 (Forex), 1:100 (Indices), 1:20 Stocks, 1:5 (Crypto)

DEMO account: Yes

This platform has a simple and easy-to-use interface, but at the same time it is extremely attractive for the most experienced traders, thanks to its high standard of security and accessibility for various payment methods.

With this platform you can buy cryptocurrencies in a simple way, and it supports the best ones on the market such as: Bitcoin, Ethereum, Bitcoin Cash and Litecoin.

This platform's main attraction is its transparency, giving its users the assurance that all their investments will be safe.

➤ InvestFW

Broker: markets.com

invest fw recommended

Regulatory: CySEC

cyst 1

Platforms: INvest FW

invest fw recommended

Minimum deposit: $ / € 0

Overall rating:

Leverage: Up to 1:30

DEMO account: Yes

One of the main benefits of this platform is that it offers the possibility of replicating the operations of the most experienced traders, thanks to its "Copy Trading" functionality.

In this way, you will be able to make the best decisions and thanks to this regulated broker, you will have high security that your payments and withdrawals will be safe.

If you are a trainee looking for a mentor, this might be the best option, plus it also provides excellent support for more experienced investors.

Rest of the world

➤IG

Broker: IG

recommended igs

Regulatory: BMA

recommended bma

Platforms: MT4 

metatrader 4

Minimum deposit: $ / € 0

Overall rating:

Leverage: Up to 1:500

DEMO account: Yes

We will finish this top of cryptocurrency brokers with this platform, which you can use from a demo account, mainly so that you learn how the market works before using real money.

This Broker is one of the most reputable in the sector and due to the great appeal of cryptocurrencies, today it allows you to operate with more than 50, including: Bitcoin, Bitcoin Cash and Ethereum.

How to choose the best cryptocurrency broker?

Now that you know what they are the best cryptocurrency brokers, I will tell you some steps that you can follow to choose the best one:

  • Take into account the regulations of the Broker geographically.
  • See the supported cryptocurrencies.
  • Check if there is an initial deposit required when registering your account.
  • Make a count of the commissions charged by the Broker and also look at the spread options they provide.
  • Analyze the level of technical support and if it is available in your language.
  • Your research should include the reputation of the Broker.

Which is the safest?

Currently in the market there are a large number of safe brokers to make your purchases. Today we gave you 6 excellent examples of 100% secure platforms, where your data and your capital will be protected, so any of the mentioned ones is totally recommended for you.

Where to buy cryptocurrencies, in a broker or in an Exchange?

Surely you are wondering if it is better to use an Exchange or a Broker to make your investments, if you want to make your choice you should take into account the following recommendations:

  • The broker is used by investors who are active in different markets, since you can use your same Wallet in your operations.
  • Brokers are more intuitive and easy to use platforms.
  • An Exchange can be more complicated to use, but you will have better control of your investments.
  • The commissions in the Exchange are usually lower.

FAQ:

What is a cryptocurrency broker and how does it work?

A cryptocurrency broker is an online platform that allows investors to buy, sell, and store cryptocurrency. It works as an intermediary between investors and the cryptocurrency markets and offers a wide range of tools and features to help investors make informed decisions.

What are the best cryptocurrency brokers for 2024?

Some of the best cryptocurrency brokers for 2024 include Coinbase, Binance, Kraken, Gemini, and Bitstamp. Each of these brokers offers different features, fees, and cryptocurrency options, so it is important to do your research and compare to find the best one for your needs.

What are the most important features to consider when choosing a cryptocurrency broker?

When choosing a cryptocurrency broker, it is important to consider the most important features such as security, ease of use, variety of cryptocurrencies offered, fees and commissions, availability of additional services (such as cryptocurrency wallets and affiliate programs) and the quality of customer service.

How can I protect my cryptocurrency investment when using a broker?

To protect your cryptocurrency investment when using a broker, it's important to follow security best practices, such as enabling two-factor authentication, using strong passwords, and storing your cryptocurrency in a secure offline wallet. It is also important to investigate the broker's security record and take additional steps to protect your personal and financial data.

Are there risks associated with using cryptocurrency brokers?

Yes, there are risks associated with using cryptocurrency brokers. These include market volatility, the lack of regulation in some countries, the security of the platform, and the risk of fraud or hacking. It is important to do your research properly before choosing a broker and take proper precautions to protect your investment.


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About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «The best cryptocurrency brokers for 2024»

  1. Manuel Antonio Sánchez Segarra Reply

    Congratulations for illustrating your expertise in this area, there will be many deluded people......can you please check if coin-capital.biz is legal? Thank you for your verification

    • Recommended-brokers.com Reply

      Hello Manuel Antonio, we have received several complaints and they clearly seem to be scams, if they insist, don't be in a hurry, don't send money, scammers usually put a lot of pressure on you so that you don't think. We are reviewing several reviews at the moment, but we will put yours as a priority to be able to rate this broker. Thank you.

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