Best Forex crypto brokers

Would you like to recommend any reliable Crypto Forex broker?

Do you want to buy actual crypto currency or trade cfds of crypto?

Hi Maria_Taylor

May I know from which country you belong to. So after your answer, I will suggest you a reliable and trustable broker

Have a Great Day

Thanks

Chachingggg posted:
Do you want to buy actual crypto currency or trade cfds of crypto?

Good point, I see many traders have this tendency; they are interested to buy only crypto’s.

I prefer CFD as you can profit when the price falls as well. BTC fell thousands and I made profit on the way down

JamesAnderson posted:
Hi Maria_Taylor

May I know from which country you belong to. So after your answer, I will suggest you a reliable and trustable broker

Have a Great Day

Thanks

I am from USA.
Thanks in advance

Chachingggg posted:
Do you want to buy actual crypto currency or trade cfds of crypto?

I prefer trading CFDs.

Dandelion posted:
I prefer CFD as you can profit when the price falls as well. BTC fell thousands and I made profit on the way down

Wow, that’s really great! I see, a number of traders are buying BTC now to expect high price as like the last year.

Each the trader has a choice of the broker to be used , should the trader can choose a broker that is more appropriate to the concept of trading that will be used , if you love scalping should choose the broker that allows trading concept as this. from all trading strategies scalping is more profitable , but in spite of a profitable trading policy scalping cannot use in a regulated trading broker due to many restrictions.

Mohammadi posted:
Each the trader has a choice of the broker to be used , should the trader can choose a broker that is more appropriate to the concept of trading that will be used , if you love scalping should choose the broker that allows trading concept as this. from all trading strategies scalping is more profitable , but in spite of a profitable trading policy scalping cannot use in a regulated trading broker due to many restrictions.

Yes, I see there have few brokers who are not accepting scalping trading strategy! By the way, before selecting any Forex broker; we have to read their terms & conditions so keenly.

From my experience no matter what other people say or trying to promote some really bad brokers I would say that this is really eToro, I remember promoting them in CPA networks and getting really really good profit, so they are converting for registrations and something else.

Are eToro any good as a broker though or is it all about pump and dump?

Best Forex Brokers for Crypto Trading
eToro 5 Stars.
Swissquote 5 Stars.
IG 4.5 Stars.
Dukascopy Bank 4.5 Stars.
ThinkMarkets 4.5 Stars.
XTB 4 Stars.
FXOpen 4 Stars.

Alexsajed posted:
Best Forex Brokers for Crypto Trading
eToro 5 Stars.
Swissquote 5 Stars.
IG 4.5 Stars.
Dukascopy Bank 4.5 Stars.
ThinkMarkets 4.5 Stars.
XTB 4 Stars.
FXOpen 4 Stars.

Where did you get this rating info? I’m very much curious to know!

eToro really? I thought they are just jokers praying on the newbie trader

Dandelion posted:
I prefer CFD as you can profit when the price falls as well. BTC fell thousands and I made profit on the way down

Has to be Hugosway then

ElDoradoGold posted:
eToro really? I thought they are just jokers praying on the newbie trader

I have also noticed so many negative reviews on this broker! So, maybe it’s not a good choice to invest in.

Do look for coinexx, quite good for crypto trading

In addition to all the usual parameters of evaluation of a 'regular' broker, I would you suggest you look in particular at the (1) cfd spread of BtcUsd, the (2) leverage for Cryptos, and (3) Swap rates

(1) Regarding spread (crypto cfd's):
If you do not see the spread (bid/ask) listed on their website, as it is the case most often, call an agent and ask it real time and write it down somewhere (ask&buy prices that is). Then call another broker and be amazed to see that the other one is half (or double) of the previous one.

(2) Regarding leverage:
Even if a 1:1 leverage is plenty already to blow your account, you should look for a broker that has higher leverage in case you trade other instruments like forex. Why? Since a crypto trade account is often a separate account from the others, you do not want to 'park' too much of your total account size there. Put enough into that crypto account to trade it, and keep the rest in a 'regular' trading activity account like forex.

(3) Swap rates:
Unlike a forex pair such as EurUsd that have you pay or receive Swap amounts depending if you are long/short, Cryptos don't pay interest and the brokers take good advantage to arbitrary decide on some hefty swap rates if you hold the crypto trade a few days. Ask them what are the Swap rates, very few customers do!!

The fact is that most crypto brokers simply tell you which crypto pairs they offer and the leverage so that they can get customers excited. Other quantitative information that really works in disadvantage of the customer is seldom displayed on the website. Have a full picture before opening a new account. Good luck.