11 Best Crypto Trading Brokers and Platforms for 2024

Exness has been in business since 2008, offering trading in forex, crypto, stocks, indices, metals, and commodities. The broker provides access to 35 cryptocurrencies, including Bitcoin, Litecoin, and Ripple. Crypto (BTC, USDC, USDT) is available for deposit and withdrawal.

We tested the live spreads during the U.S. open when the crypto markets are most active. Our tests indicated that spreads for Bitcoin and Ethereum were low. The live Bitcoin spread at the time of testing was 20.96, while the spread for Ethereum was 2.75.

From our hands-on test, Exness offers its proprietary Trading Terminal platform, as well as MetaTrader 4 and MetaTrader 5. The broker provides multiple deposit and withdrawal methods, including bank transfers, cryptocurrencies, credit cards, and e-wallets. Withdrawals are instant, 24/7.

The broker created a special Education portal that offers three courses: “How Trading Works”, “ How to Analyze”, and “Managing Risk”. There is also a Knowledge Base section that has over 30 in-depth articles on various topics. The Research section includes a real-time feed of market news and trading signals by Trading Central.

Founded in 2006, AvaTrade is regulated by as many as eight regulators around the world, including ASIC, Japan’s FSA, and CySEC. The broker provides access to more than 1250 instruments in forex, stocks, indices, commodities, cryptocurrencies, and FX options.

AvaTrade offers 20 cryptocurrencies. The list includes popular names like Ethereum and Solana, as well as smaller cryptos like MIOTA and NEO. We tested the live spreads during the U.S. open, when the crypto markets are most active. Our research indicated that spreads for Bitcoin were medium, while spreads for Ethereum were high. The live Bitcoin spread at the time of testing was 46.04, while the spread for Ethereum was 14.12.

From our live testing, we found that AvaTrade offers a wide range of trading platforms: MetaTrader 4, MetaTrader 5, AvaTrade Web platform, as well as AvaTrade Go and AVASocial mobile apps.

The Proprietary AvaTrade Web platform is designed to trade markets as quickly and simply as possible, so it is easy to use even for beginner traders. The platform provides clean and responsive charts and gives access to different markets, positions, and indicators, so users can manage their whole account from the web platform.

The broker’s in-house AvaTrade Go mobile platform is simple to use and provides access to useful technical tools and features. The AvaSocial mobile app suits clients who are interested in copying the best practices of experienced trades.

FXTM was founded in 2011. It is a Cyprus-based derivatives broker with multiple regulations, including by the FCA in the UK and FSC in Mauritius. The broker offers more than 1200 tradable instruments, including a dozen cryptocurrencies. Professional traders choose FXTM because of its superior execution performance coupled with below-average trading fees. And they can take advantage of both against an initial deposit of only $500.

Based on my measurements, FXTM’s average execution speeds fall below 80 milliseconds. This is sufficient for day trading and scalping because low-latency trading reduces the risk of negative slippage.

FXTM incorporates the renowned MetaTrader 5 platform, which can be useful to professional traders seeking even better execution performance. Via its Expert Advisors (EAs) feature, seasoned professionals can automate their trading strategies and gain even more favorable entries and exits.

Professional traders would appreciate the Advantage account, which features a $5 round-turn commission per traded lot and raw spreads from 0.0 pips. To test the competitiveness of the pricing mechanism, I executed a full-sized EURUSD trade. With a spread of 0.2 pips, the net cost of the trade reached 0.7 pips, which is better than the $8 industry average for ECN accounts.

Headquartered in St. Vincent and the Grenadines, OCTA was founded back in 2011. The broker offers trading in forex, indices, commodities, and cryptocurrencies.

From our examination, the cryptocurrency offering includes 30 CFDs. Clients can trade main coins like Bitcoin, Ethereum, Polkadot, and Dogecoin. For cryptos, OCTA offers the maximum leverage of 1:25. Crypto deposits and withdrawals are available (BTC, USDT, LTC, DOGE, ETH).

We tested the live spreads during the U.S. open, when the crypto markets are most active. Our tests showed that spreads for Bitcoin and Ethereum were low. The live Bitcoin spread at the time of testing was 20.49, while the spread for Ethereum was 2.4.

The broker provides 24/7 customer support via live chat and email. Contacting support agents, we found them professional and provided timely answers to our questions.

We assessed that OCTA provides strong educational and research support, which is good for beginner traders. The broker offers multiple educational materials, including articles, videos, webinars, and a video course. These materials cover a wide range of topics from technical analysis to trading strategies.

Established in 2016, Capital.com is regulated by several top-tier authorities, including the FCA, ASIC, CySEC, as well as SCB and FSA Seychelles. The broker provides access to over 4,000 instruments, including currency pairs, commodities, stocks, indices, ETFs, and cryptocurrencies.

Capital.com’s cryptocurrency portfolio includes 141 varieties, featuring both USD pairs and cross pairs. Traders can engage with popular names like Bitcoin, Ethereum, Ripple, Solana, and Dogecoin, as well as more exotic options. In our analysis, the live spread for Bitcoin was noted at 106, in contrast to Ethereum’s spread of 6. The tests indicated that Bitcoin spreads were high, while Ethereum spreads were moderate compared to the industry average.

Our research highlights Capital.com’s strong educational offering, which encompasses a mix of articles, trading courses, and videos. The courses are particularly beneficial for beginners, covering topics such as: “Introduction to Financial Markets”, “What are leverage and margin?”, “Derivatives and Understanding Risks of Trading”, “Financial Instruments”, and “The ABCs of Derivatives and CFDs”. Additionally, the broker has developed a proprietary mobile app, designed to help traders understand market dynamics more effectively.

Regarding trading platforms, clients have options to choose between the proprietary platform, TradingView, and MetaTrader 4. The broker’s research tools are comprehensive, encompassing calculators, an economic calendar, and extensive news and analysis.

Regulated by CySEC, ASIC, SCB, and the FSA of Seychelles, IC Markets provides access to more than 1700 financial CFD instruments. Clients can trade forex pairs, stocks, indices, commodities, and bonds. Traders also have access to 23 cryptocurrencies, including Bitcoin, Ethereum, and Ripple.

IC Markets fees are very competitive and exceed the industry average. Our analysis indicated that the broker’s spreads are tight, and there is no inactivity fee. We tested the live spreads during the U.S. open, when the crypto markets are most active. The spreads for both Bitcoin and Ethereum were low. The live Bitcoin spread at the time of testing was 5.3, while the spread for Ethereum was 2.8.

IC Markets offers multiple methods for deposits and withdrawals. Funds can be deposited in a wide range of currencies including AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF, and RMB. Crypto deposits and withdrawals are not available.

IC Markets provides access to the popular MetaTrader 4 and 5, as well as the in-house cTrader platform. Broker’s clients will also benefit from the strong research support, which includes in-house research and third-party tools like Trading Central and AutoChartist.

Founded in 2009, the broker offers trading in forex, indices, commodities, shares, and cryptocurrencies. The broker’s entities are regulated by ASIC and FSCA. Vantage also has an unregulated entity registered in St. Vincent and the Grenadines.

The broker provides access to 43 cryptocurrencies, including popular coins like Bitcoin, Polkadot, Dogecoin, and Cardano. We tested the live spreads during the U.S. open, when the crypto markets are most active. Our tests showed that spreads for Bitcoin and Ethereum were low: the live Bitcoin spread at the time of testing was 12.42, while the spread for Ethereum was 2.59.

The broker offers the highly popular MetaTrader 4 and MetaTrader 5 platforms. Advanced traders will benefit from access to free VPS hosting and algorithmic trading via these platforms.

Vantage provides access to copy trading via its Social Trading Account. The broker has a tiered system for signal providers. The growth of their income depends on the popularity of their trading signals.

Also, Vantage offers the popular FX copy trade service AutoTrade which allows copy trades from more than 90,000 forex traders. The AutoTrade account connects to a unique MT4 trading account, specifically for AutoTrading.

ZuluTrade is another social trading platform available to Vantage clients and could be connected to the Vantage MT4 trading account. The broker also offers DupliTrade which is available for clients who have a minimum of $2000 on their Vantage account.

A pioneer in copy trading, eToro was founded in 2007. Regulated by multiple top-tier regulators, eToro provides access to more than 2000 financial instruments, including stocks, cryptocurrencies, ETFs, indices, forex, and commodities.

The broker’s cryptocurrency offering is rich as it provides access to 79 underlying crypto coins and 14 CFDs. CFD is a contract for differences, which means that you do not own the underlying asset. Traders can trade with the most popular coins like Bitcoin and Ethereum, as well as more exotic options like Zcash and Chiliz. eToro does not provide crypto deposits and withdrawals.

We tested the live spreads during the U.S. open, when the crypto markets are most active. We tested spreads for Bitcoin and Ethereum and found that they were high. The live Bitcoin spread at the time of testing was 472.87, while the spread for Ethereum was 33.79.

eToro’s clients will also enjoy strong educational and research support. Clients who meet certain deposit levels (the system is tiered) have access to additional tools like live webinars, weekly market analysis, and research from the third-party provider Trading Central. The broker’s educational offering includes courses, guides, videos, webinars, and podcasts.

Plus500 is a globally recognized brand with more than 26 million clients worldwide. Founded in 2008, the company is headquartered in Israel and licensed and regulated in multiple jurisdictions, including the US, by the CFTC and NFA. It is also a FTSE 250 company listed on the London Stock Exchange (LSE).

Plus500 US offers over 50 futures contracts across forex, commodities, interest rates, and equity indices. It also provides two crypto futures contracts: Micro Bitcoin and Micro Ether.

The minimum deposit needed to start trading crypto futures contracts is $100, while the daily margin ranges from $20 (for Micro Ether) to $100 (for Micro Bitcoin). The broker also provides extensive educational content aimed at inexperienced crypto traders.

I was most impressed with the Plus500 US professional-grade web trading station. It has a massive pool of more than 130 analytical tools and chart configurations, allowing traders to examine price action behavior from different angles. Additionally, the platform supports all basic order types (market, limit, and stop).

Founded in 1996, OANDA US is regulated by the CFTC/NFA and has global entities licensed by Tier-1 authorities. It offers access to forex, crypto, and metal markets from various feature-rich trading platforms.

The OANDA web and mobile trading platforms are excellent. Built-in trading tools include market depth, order book flow, position ratios, news aggregator, and trading signals from Autochartist. Algorithmic traders can utilize the MT4 platform, while social traders have access to trade directly from TradingView.

The OANDA web and mobile platforms have spot crypto prices directly quoted from Paxos’s itBit exchange. While no leverage is available on the eight cryptocurrency pairs, up to 1:50 is available on its 68 forex pairs. There is also no markup for the spot crypto pairs available from the OANDA trading platforms.