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7 Best Ethereum Trading Brokers for 2025

Looking for the top Ethereum trading broker? Based on our hands-on analysis, we’ve identified 7 best options tailored to various trading needs. Practical tips from our experts are included.

By:
Vladimir Zernov
Reviewed By:
Aviva Gurevich
Updated: Dec 12, 2024

List of Top Ethereum Trading Forex Brokers and Platforms

Best brokers for US traders

Ethereum micro futures contract. Intuitive futures trading app. Low day-margin rates. Competitive contract commission.

Best brokers for international traders

MT4, MT5, cTrader, IRESS. MT4 traders toolbox suite. Competitive fees. Has a “best execution policy”. Crypto deposits and withdrawals.

Competitive spreads, no inactivity or withdrawal fees. Leverage up to 1:200 on crypto available on MT4/MT5. Fast order execution. Trading Central, Autochartist.

26,000+ tradable instruments. Choice of trading platforms and tools. Low crypto spreads. Myfxbook research content.

Trading Central. Variety of account types. AvaProtect risk management tool. Strong research and educational support.

Multiple top-tier regulators. Leverage up to 1:20 on crypto for professional accounts.* Innovative Insights Analytics Tool. Decent range of account types.**

User-friendly eToro trading platform. Educational materials on crypto. Copy trading available. 40+ cryptocurrencies.

*Leverage up to 1:20 on crypto (availability subject to regulation) for professional accounts; however, there is a risk with the higher leverage. Also, Professional Accounts lose their ICF Rights.

**82% of retail CFD accounts lose money.

How Did FX Empire Select The Best Ethereum Trading Brokers?

FXEmpire's Methodology

To choose the best Ethereum trading forex brokers, we used the FX Empire’s 250-point rating system to identify the leaders in each category. We focused on the following key features:

  • We only listed brokers that received a top score in our rating system.
  • We chose trustworthy brokers with top-tier regulations.
  • We selected brokers that provide Ethereum for trading.
  • We checked whether brokers offer low fees for Ethereum trading.
  • We focused on brokers that provide the ability to use leverage on cryptocurrencies.
  • We prioritized brokers that provide research and market analysis on crypto.
  • We chose brokers that generally have low fees.
  • We preferred brokers that offer crypto for deposits and withdrawals.
  • We selected brokers that provide user-friendly and feature-rich platforms.

Our team of experts has identified each broker’s strengths and weaknesses using FX Empire’s comprehensive methodology. I subsequently used my 16 years of forex trading experience to examine and analyze all our findings, resulting in the selection of the best Ethereum trading forex brokers across various categories. You can read more about it and how we conduct our tests here.

Now, let’s explore the selected brokers.

Best Overall

Contracts for Difference (CFDs) are leveraged over-the-counter derivative products and carry a high level of risk to your capital. You should only risk capital that you can afford to lose. In certain circumstances, due to fluctuations in market value you may not get back your initial investment amount. You may not only lose your initial investment but you may incur a liability to pay a further amount to cover losses. This means you can lose more money than you have invested.
  • Min Deposit
    $100
  • Tradable Instruments
    8977
  • Fees
    Low

Founded in 2005, FP Markets offers trading in forex pairs, commodities, stocks, indices, ETFs, and cryptocurrencies. The broker is regulated by CySEC, ASIC, and FSCA. FP Markets also has an unregulated entity, which is registered in St. Vincent & the Grenadines.

Ethereum Trading Features:

  • Leverage for ETH: up to 1:50
  • Spread on ETH: 4.59 pips
  • Total number of cryptocurrencies: 12
  • Platforms: MT4/MT5, cTrader
  • Crypto deposit & withdrawal: ADA, BCH, BTC, DASH, ETH, LTC, PAX, XRP, TUSD, USDC, USDT, ZEC, DOGE, NEO, XIN, BNB, BSV, EURS, TRX, XED, DAI

FP Markets provides access to 12 cryptocurrencies, including ETH. Cryptocurrency trading is available on MetaTrader and cTrader platforms. The broker offers multiple crypto deposit and withdrawal methods, which include various cryptocurrencies from different crypto payment service providers.

FP Markets’ clients who choose the MetaTrader platforms gain access to the FP Markets Traders Toolbox, a suite of 12 essential trading tools. These tools include Correlation Matrix, Correlation Trader, Sentiment Trader, and Alarm Manager. In my opinion, correlation tools are especially useful as they provide traders with additional insights into the correlation between assets, which may not be obvious when looking at charts. Alerts and notifications, which can be set via the Alarm Manager, are time-savers, as they free traders from the need to monitor charts all day. These are the tools I always employ in my trading.

Pros
  • 13,000+ instruments.
  • Competitive spreads.
  • Beneficial trading tools.
  • A wide range of tradable platforms and VPS.
Cons
  • The offshore entity is unregulated. However, other entities are subject to strict regulatory oversight.

Best MT4

Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
  • Min Deposit
    $200
  • Tradable Instruments
    2245
  • Fees
    Low

Founded in 2007, IC Markets has built a name for itself in the trading world, offering a broad spectrum of opportunities from forex and commodities to stocks, indices, and cryptocurrencies. The broker is regulated by ASIC, CySEC, and FSA Seychelles.

Ethereum Trading Features:

  • Leverage for ETH: up to 1:200
  • Spread on ETH: 11.60 pips
  • Total number of cryptocurrencies: 18
  • Platforms: MT4/5, cTrader

IC Markets’ clients can choose between MetaTrader 4, MetaTrader 5, and cTrader. The broker provides research from the in-house team, as well as popular third-party tools like Trading Central and Autochartist. In my personal opinion, the sentiment tools within the Trading Central suite are particularly helpful.

My research showed that IC Markets offers competitive spreads for various instruments and does not charge inactivity or withdrawal fees. The broker offers an extensive range of withdrawal and deposit options, although cryptocurrency options are not available for these transactions.

IC Markets’ clients have access to 23 cryptocurrencies for trading, including popular ones like Bitcoin and Ethereum, as well as more exotic options such as NameCoin and Tezos.

Pros
  • A good choice of trading platforms and third-party tools.
  • A wide range of cryptocurrencies to trade on.
  • Multiple trading platforms and solid research tools.
  • Free VPS.
Cons
  • No crypto deposits or withdrawals.

Best for Ethereum Payments

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.
  • Min Deposit
    $0
  • Tradable Instruments
    26121
  • Fees
    Medium

Founded in 2014, BlackBull Markets is a forex and CFD broker headquartered in New Zealand. It offers 28 cryptocurrency pairs at low-to-average spreads compared to the industry average. BlackBull Markets does not impose a handling fee on deposits via Ethereum and only a $5 fee on withdrawals.

Ethereum Trading Features:

  • Leverage for ETH: up to 1:100
  • Spread on ETH: 35.5 pips
  • Total number of cryptocurrencies: 28
  • Platforms: MT4/5, cTrader, TradingView, BlackBull Trade, BlackBull CopyTrade, BlackBull Shares, ZuluTrade

I conducted my testing on a Standard account, which features commission-free trading and floating spreads from 0.8 pips. It has no minimum deposit requirement, making it quite accessible. I also found the combination of a 70% margin call and 50% stop-out especially suitable for trading highly volatile instruments, such as cryptocurrencies.

BlackBull Markets offers a variety of trading platforms and tools, including free VPS hosting and DMA trading. I deem TradingView the best option for retail traders due to its fluid and high-definition charts, featuring more than 150 technical indicators, drawing tools, and chart configurations. Additionally, crypto traders can obtain top-of-the-line market research from Myfxbook and learn about the latest changes in market sentiment.

Pros
  • Low handling fee
  • Low crypto spreads
  • Extensive research
  • Versatile trading platforms
Cons
  • High swaps

Best Low Spreads

Trading CFDs and FX Options entail risk and could result in the loss of your capital.
  • Min Deposit
    $100
  • Tradable Instruments
    853
  • Fees
    Medium

Founded in 2006, AvaTrade provides access to stocks, ETFs, forex pairs, options, indices, commodities, cryptocurrencies, and bonds. The broker has multiple regulations, including CySEC, ASIC, and FSA Japan.

Ethereum Trading Features:

  • Leverage for ETH: up to 1:25
  • Spread on ETH: 3.76 pips
  • Total number of cryptocurrencies: 20
  • Platforms: MT4/5, AvaTrade Web Platform

AvaTrade provides access to MetaTrader 4, MetaTrader 5, Web Trader, and the AvaTradeGo mobile app, accommodating various trading styles and preferences. Additionally, the broker offers popular Trading Central research tools and a selection of over 1,250 tradable instruments across diverse asset classes.

My tests indicated that AvaTrade’s spreads for ETH are below the industry average, ranking as the lowest in our list at 3.76. AvaTrade caters to both beginner and advanced traders with a variety of account types tailored to different needs. Broker’s clients have the flexibility to choose between CFD, Spread Betting (available in the UK only), Professional, Options, and Islamic Account options.

One noteworthy feature is AvaProtect — a risk management tool available on AvaTrade’s proprietary platforms. This unique tool enables clients to safeguard a specific trade against losses of up to one million dollars over a chosen timeframe. The modest hedging cost, payable at the time of purchase, adds a layer of security and control, making it a valuable asset for traders aiming to minimize risks.

Pros
  • Low spreads for ETH.
  • Wide range of account types.
  • 1,250+ instruments.
  • AvaProtect risk management tool
Cons
  • Light regulatory oversight for the global entity.

Best for Professional Traders

CFD Service, 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
  • Min Deposit
    $100
  • Tradable Instruments
    2047
  • Fees
    Medium

Founded in 2008, Plus 500 offers trading in forex pairs, commodities, stocks, indices, cryptocurrencies, and ETFs. The broker is regulated by multiple top regulators, including CySEC, FCA, and ASIC.

Ethereum Trading Features*:

  • Leverage for ETH: up to 1:2 for CFD Crypto**
  • Spread on ETH: 4.69 pips (spreads are dynamic and subject to change)
  • Total number of cryptocurrencies: 14
  • Platform: Plus500 WebTrader

**Professional accounts can access leverage up to 1:20 (subject to regulation), though higher leverage carries increased risk. Additionally, professional accounts lose their ICF rights.

Plus 500 has developed a proprietary WebTrader platform, which strikes a balance between user-friendliness and robust charting tools. In my view, the modern design offers a clear layout while simultaneously providing sufficient options to satisfy professional traders.

The broker provides access to 2,800+ tradable instruments, including hundreds of stocks and ETFs. Pro-level traders can use a professional account to gain access to a maximum leverage of 1:300 if they meet certain criteria.

Plus500 clients have access to +Insights Analytics Tool, which provides data on what Plus500 clients are buying and selling. Sentiment analysis is extremely important in modern trading, and the tool is especially useful given the broker’s large client base with 400,000+ clients across 50 countries.

*Availability subject to regulation.

Pros
  • Regulated in multiple jurisdictions around the world.
  • User-friendly proprietary trading platform.
  • Extensive selection of tradable assets.
  • Innovative tools like +Insights.
Cons
  • No desktop platform.

Best for Beginners

51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
  • Min Deposit
    $100
  • Tradable Instruments
    6030
  • Fees
    High

Founded in 2007, eToro offers trading in forex pairs, commodities, stocks, indices, ETFs, and cryptocurrencies. The broker is regulated by multiple top-tier regulators, including CySEC, ASIC, FCA, and FINRA.

Ethereum Trading Features:

  • Leverage for ETH: up to 1:2
  • Spread on ETH: 38.79 pips
  • Total number of cryptocurrencies: 41
  • Platforms: eToro

eToro has developed one of the most user-friendly proprietary web trading platforms and mobile apps. The design is minimalistic and easy to use – an essential feature for beginner traders. eToro’s educational offering includes courses, guides, videos, webinars, and podcasts.

The broker’s eToro Academy is truly impressive, containing the information needed for beginners to take their first steps in the markets. The crypto markets are also covered within the eToro Academy. It’s worth noting that eToro provides a copy trading offering, which is particularly beneficial for beginners as it allows them to observe how pro-level traders make decisions.

Traders should note that eToro clients’ ability to buy real crypto assets may depend on their residence. Short trades and leveraged crypto trading with eToro involve CFDs. With access to 41 different cryptocurrencies, traders have an extensive range of options to choose from when making their trades.

Pros
  • User-friendly platform.
  • Strong research support.
  • A leader in copy trading.
  • Good selection of cryptocurrencies.
Cons
  • Account balance of at least $5000 is required for chat and phone support.

Best Crypto Futures in the US

Trading with leverage comes with a high risk and may not be suitable for everyone.
  • Min Deposit
    $100
  • Tradable Instruments
    52
  • Fees
    Low

Founded in 2008, Plus500 is listed on the London Stock Exchange and regulated worldwide. In 2022, they launched the Plus500 Futures Trading App for US residents. A diverse range of futures markets is available, including Mirco Ether contracts, with competitive commissions and zero platform and routing fees.

Ethereum Trading Features:

  • Margin for Micro Ether: $20
  • Spread on Micro Ether: Variable
  • Total number of cryptocurrency futures: 2
  • Platforms: Plus500 Futures Trading App

The Plus500 Futures Trading App is a breeze to use. It offers free real-time market data and charts, along with a wide array of technical analysis indicators suited for both beginners and advanced traders. The app provides access to various futures market contracts, including forex, equity indices, agriculture, energy, commodities, and crypto futures.

Notably, the Micro Ether futures contract features a low day margin of just $20, while the Micro Bitcoin futures contracts have a day margin of $100. The micro contract commissions are competitive, starting from $0.49 per contract, with no additional charges for routing, platform use, inactivity, depository services, or withdrawals.

I was also impressed with the Plus500 Futures Trading Academy. It offers numerous articles and videos that help in understanding how the futures market works and how to use futures trading strategies. The content is valuable for traders at all levels, from beginners to advanced.

Pros
  • Ether and Bitcoin micro contracts.
  • Low day margin.
  • Competitive contract commission.
  • Zero platform, routing, deposit, and withdrawal fees.
Cons
  • Research tools are limited.

How to Choose An Ethereum Trading Forex Broker?

Use our guide to choose the best Ethereum trading forex broker according to your trading goals.

How to choose a safe Ethereum trading forex broker?

The process of choosing a broker begins with learning where your potential broker is regulated. Ethereum trading forex brokers are regulated by top-tier regulators, as well as offshore regulators. In our research, we divide regulators into three tiers: Tier-1, Tier-2, and Tier-3.

  • Tier-1 regulators have strict oversight and impose certain limits on services offered to retail clients (for example, the leverage for retail clients is usually limited at 1:30). Such regulators usually provide access to investor compensation schemes. Tier-1 regulators include CySEC, ASIC, and UK FCA.
  • Tier-2 regulators also offer strict oversight but usually do not limit leverage for retail clients. In addition, investor compensation schemes are typically not available at Tier-2 regulators. FSCA is a good example of such a regulator.
  • Tier-3 regulators are offshore regulators that do not impose limits on leverage for retail clients and do not provide access to compensation schemes. FSA Seychelles and FSC Mauritius are among Tier-3 regulators.
  • Traders should note that some entities are not regulated. Usually, such entities are registered in St. Vincent and the Grenadines. The absence of any regulator leads to the lowest level of protection for traders.

Traders should prioritize essential safeguards such as negative balance protection, segregated funds, and compensation funds, all of which offer reassurance in case of financial issues. Note that offshore regulators do not impose strict limits on leverage, allowing traders to access high levels of leverage but offer lower levels of protection. You should be aware that compensation schemes may not be available. Consequently, if a broker faces financial difficulties, traders will have to navigate the situation independently.

Check out our comprehensive guide on the best regulated forex brokers.

What fees should you focus on when choosing the broker?

Typically, brokers charge spreads, commissions, swap/rollover fees, and inactivity fees.

  • The spread is the difference between the bid and the ask price. The higher the spread, the more you pay for the trade. In our rating system, we deem spreads below 1 pip for EUR/USD and 3 pips for GBP/JPY to be low. For Ethereum, the spread below 6 can be considered low. See our guides for the best lowest spread and best zero spread forex brokers.
  • A commission is a fixed cost of entering the trade. Accounts that charge commissions usually offer lower spreads. For example, commissions below $3 for forex pairs and gold are considered low.
  • A swap/rollover fee is charged when you hold a leveraged position overnight. Traders should pay extra attention to these fees if they plan to use swing trading strategies, which involve holding positions for several days or even weeks. A swap rate below 0.5 pips for forex pairs is considered favorable. Check best low swap fees forex brokers.
  • An inactivity fee is imposed by the broker if your account remains inactive for a certain period. In this case, a specific amount of money is charged every month. An inactivity fee below $10 is considered to be low.

How to choose the right account for trading?

You should understand the difference between various types of accounts.

  • Demo accounts are used for practice without risking real money. Such accounts are highly recommended for novice traders taking their first steps in trading. You can check out our list of the best forex trading demo account.
  • Spread-based accounts typically charge spreads and swap/rollover fees. These accounts usually represent a good choice for traders whose trading volume is expected to be relatively modest.
  • Commission-based accounts charge commissions in addition to spreads and swap/rollover fees. Typically, such accounts offer tighter spreads. They are suitable for traders who anticipate a high volume of trading.
  • On Islamic accounts, swap/rollover fees are not charged to ensure compliance with Sharia law. We listed the best Islamic forex accounts here.
  • Professional accounts usually have a high minimum deposit and offer access to the high leverage that most professional traders are looking for.

How to choose a trading platform?

Typically, most brokers offer access to MetaTrader 4 and/or MetaTrader 5. Those are sophisticated platforms with a variety of tools tailored mainly for experienced traders. Hence, beginners may need to spend some time learning the ropes.

Some brokers have also developed their own in-house trading platforms. These platforms are usually tailored to the needs of traders at various experience levels. They are easy to navigate and simple to use.

The choice of trading platform largely depends on personal preferences and trading experience. In my opinion, for novice traders, it’s better to start with a user-friendly platform or a mobile app, whereas experienced traders often prefer MT4/MT5.

Read more about the platforms in our detailed guides on the best MT4  and best MT5 brokers.

What leverage is available for traders?

Leverage provides traders with the opportunity to boost their profits through the use of borrowed funds. The higher the leverage, the greater your potential profits may be. However, leverage can be a double-edged sword, as it can also magnify potential losses. Thus, I would advise beginners to start with low levels of leverage to avoid the risk of substantial losses.

The maximum potential leverage a broker can offer is determined by the regulator. Ethereum trading forex brokers have entities that are regulated by offshore regulators that do not impose specific limits on leverage for retail clients. Thus, the leverage can be as high as 1:200. Note that it’s necessary to consider your risk tolerance and trading strategy before engaging in high-leverage trading. Additionally, traders should be aware that offshore regulators offer fewer protections. For those comfortable with these dynamics, FX Empire offers a list of the best forex brokers with high leverage, carefully selected to suit specialized trading needs.

What to avoid when choosing a crypto trading broker?

Based on my trading experience, I have outlined the five things to avoid when choosing a broker:

  • Failing to verify regulatory compliance.
  • Overlooking broker fees, such as spreads, commissions, and swap rates.
  • Selecting an account type that does not match your requirements.
  • Neglecting to review the range of instruments provided by the broker.
  • Avoiding direct communication with the support team before opening an account.

How to avoid forex scams?

To safeguard yourself against forex scams, follow these essential guidelines:

  • Research and choose a reputable broker: Conduct thorough research to identify a broker with a solid reputation and a history of regulatory compliance. Verify its credentials and look for reviews or testimonials from reliable sources.
  • Check the regulatory status: Ensure that the broker you selected is regulated by a recognized financial authority. This oversight provides a decent level of protection and ensures adherence to industry standards.
  • Be cautious of unrealistic promises: Beware of brokers or investment schemes that promise guaranteed high returns or low-risk opportunities. Forex trading involves inherent risks, and legitimate brokers will not make unrealistic claims.
  • Avoid unregulated entities: Steer clear of unregulated brokers or those operating from offshore jurisdictions with weak regulations. Regulatory oversight helps protect your funds and ensures fair trading practices.
  • Understand the terms and conditions: Read and comprehend the broker’s terms and conditions, including fee structures, withdrawal policies, and any potential hidden costs. Beware of brokers that make it difficult to access or withdraw your funds.
  • Use secure payment methods: Choose reputable payment methods that offer additional security layers, such as bank transfers or established electronic payment systems. Avoid dealing with brokers that solely accept cryptocurrency or other non-traceable forms of payment.
  • Stay informed and educated: Continuously educate yourself about forex trading and stay updated on market trends and news. This knowledge will empower you to make informed decisions and identify potential scams.
  • Trust your instincts: If something seems too good to be true or raises suspicions, trust your gut instinct and exercise caution. Take the time to seek advice from trusted financial professionals or consult with experienced traders before making any decisions.

To save you time we created a comprehensive list of reliable brokers by jurisdiction here.

Our Methodology

FX Empire, with a history dating back to 2011, has established itself as a reputable authority in broker reviews. Our extensive experience in evaluating CFD brokers, spanning over a decade, has led us to develop a meticulous and comprehensive review strategy. Adhering to stringent guidelines for editorial integrity, we consistently uphold our commitment to deliver unbiased evaluations.

We follow a diligent protocol for our review process, integrating objective criteria and quantifiable data. This methodical approach allows us to generate a justified score that accurately reflects the performance of a broker. Our mission is to provide traders with a thorough and unbiased review, empowering you to make well-informed decisions aligned with your specific needs.

To choose the best brokers for you, we rate them across nine categories and calculate a score that reflects their performance. The categories include:

  • Trust and Stability
  • Fees
  • Platform and Tools
  • Tradable Instruments
  • Account Types
  • Deposit and Withdrawal
  • Research
  • Customer Support
  • Education

We open accounts, test platforms, measure spreads, and chat with support teams to collect as much data as we can for each broker. Overall, we evaluate brokers based on more than 250 distinct data points. Every category receives a rating from one star (weak) to five stars (excellent). The broker’s total score depends on its performance in each of these nine categories.

We highlight each broker’s strengths and weaknesses, explain regulatory details, and share the results of our live tests of brokers’ fees, customer support, and trading platforms. To learn more about our review process, click here.

In this article, I focused on the best Ethereum Trading Forex Brokers. I have given priority to trustworthy brokers that are regulated by top-tier regulators, offer user-friendly platforms, and charge low fees.

Meet our Writers

The team of forex and CFD writers and editors at FX Empire is composed of trading industry professionals and seasoned financial journalists. Our writers have been published on leading financial websites such as Investopedia and Forbes. In addition, they all have extensive trading experience.

Get to Know Our Authors

Dan BlystoneBroker Analyst

Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.

Jitan SolankiBroker Analyst

Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.

Plamen StoyanovBroker Analyst

Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.

Vladimir ZernovBroker Analyst

In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.

You can trade crypto via forex brokers that offer CFD trading. Some brokers also offer real crypto trading.
Crypto CFD trading is regulated in the same way as other CFD trading. There are no special regulations for crypto CFDs; they are treated in the same way as other CFDs. However, it's important to note that the legal status of cryptocurrencies and crypto CFD trading might differ significantly between jurisdictions. Some countries may impose stricter regulations or even outright bans on crypto CFD trading, while others may have a more permissive or undefined stance.
Crypto CFDs provide the opportunity to use leverage. Some brokers may offer aggressive leverage for crypto CFDs. Additionally, crypto CFDs facilitate short bets.
Brokers charge spreads, commissions, and swap/rollover fees, in the same way, they do for other CFDs.
Brokers from our list provide leverage of up to 1:200 when trading crypto CFDs. Traders should note that the leverage offered for crypto CFDs is typically lower than the maximum leverage offered by the broker.
Ethereum is the second-largest cryptocurrency by market capitalization. It sets itself apart from other cryptocurrencies primarily through its smart contract functionality. While Bitcoin and many other cryptocurrencies function primarily as digital currencies, Ethereum serves as a platform that enables the creation of decentralized applications (DApps) and other complex financial instruments. Ethereum's native cryptocurrency, Ether (ETH), is used to facilitate these operations and incentivize network participants. The integration of a cryptocurrency with a Turing-complete programming language creates a unique ecosystem, distinguishing Ethereum from most other cryptocurrencies.
Yes, you can trade Ethereum on MetaTrader.
eToro is the best crypto trading forex broker for beginners. The broker offers a user-friendly proprietary trading platform, copy trading features, and educational materials on crypto.
Plus500 is the best crypto trading forex broker for professionals. The broker is regulated by multiple top-tier regulators. It offers diverse account types, including a professional one, and provides an innovative Insights Analytics tool.
According to our research, the top 5 crypto brokers include FP Markets, IC Markets, Plus500, AvaTrade, and eToro.
You do not need a crypto wallet for trading Ethereum with forex brokers.
IC Markets offers competitive fees for crypto trading.
The difference between long and short positions in crypto CFDs (Contracts for Difference) lies in the trader's expectation of market movement. In simple terms, a long position is a bet that the price will rise, while a short position is a bet that it will fall. Crypto CFDs provide a convenient way to trade crypto, allowing for easy access to both long and short positions.
Trades are executed almost instantly when trading crypto CFDs.
To withdraw funds from the crypto CFD trading account, use the withdrawal methods provided by your broker. Some brokers provide cryptocurrency options for withdrawals.
Some forex brokers, for example, FP Markets, provide crypto deposit and withdrawal options.
Negative balance protection is a feature offered by some brokers that protect traders from incurring a negative account balance. In forex trading, it is possible to lose more money than you have in your account due to leverage, which magnifies gains and losses. With negative balance protection, the broker guarantees that the trader's account balance will never go below zero, even in the event of a sudden and significant market move that results in a large loss.
To verify whether your broker has negative balance protection, you can review the terms and conditions of your account agreement, which should outline the broker's policy on negative balance protection. This information is usually available on the broker's website or can be obtained by contacting their customer support team.
A compensation scheme is a type of investor protection program that provides financial compensation to investors who have suffered losses as a result of a broker's insolvency, fraud, or other misconduct. Compensation schemes are designed to protect investors from financial harm and to promote confidence in the financial markets. In most countries, compensation schemes are established and regulated by the government or financial regulatory agencies. These schemes typically have specific eligibility requirements, such as a maximum level of compensation per investor or per claim, and may only cover certain types of financial instruments or transactions.
You can check their regulatory status and the terms and conditions of your account agreement. You can also check the website of the compensation scheme in your country or region to see if your broker is listed as a member.
A segregated fund refers to the practice where brokers hold their clients' funds separate from their own operational funds. This is done to protect clients' funds in the event of the broker's bankruptcy or other financial difficulties.
To verify if a broker offers segregated funds, you can check their website, contact them directly, review their regulatory filings, look for independent reviews, or consult with a financial advisor.

About the Author

Vladimir ZernovBroker Analyst

In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.

Why you can trust FX Empire

At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.

Why you can trust FX Empire

FXEmpire was founded in 2011, making us one of the first forex broker review sites. You can trust FXEmpire because of our thorough and unbiased review process. With over a decade of experience, we have a team of industry experts who conduct rigorous tests to ensure our reviews are accurate and unbiased. Our reviews are designed to bring clarity and confidence to the process of choosing a broker, and are based on objective criteria and measurable data. Our editorial team is composed of trading industry professionals and seasoned financial journalists, who ensure that our reviews are accurate and unbiased. Additionally, our review system is based on 9 core categories and over 250 distinct variables, which ensures that all aspects of a broker are considered before giving a final rating. So, you can trust FXEmpire to provide you with honest and informative reviews that will help you make an informed decision on which broker will best enable you to reach your financial goals.