Compare the 8 Best Cryptocurrency Brokers in Canada in 2025

This guide takes you through the top cryptocurrency brokers in Canada Find expert picks and a ranking of the best crypto brokers available today.
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Updated on Sep 18, 2024
Reading time 9 minutes

We asked our team of experts, with decades of cryptocurrency experience between them, test the best crypto brokers in Canada and rate which ones came out on top.

This beginner-friendly guide breaks down the results to show you which platforms came top of the class, and explains how your trading style affect which is the best Bitcoin broker in Canada for you.

Top cryptocurrency brokers Canada for 2025

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  1. Bitget: Best for copy trading crypto
  2. Coinbase: Best secure trading platform for all types of trader
  3. Eightcap: Best online broker for choice of trading platform
  4. Kraken: Best for simple, global cryptocurrency trading from your phone
  5. Uphold: Best for building long term wealth

What are the best crypto brokers in Canada?

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Our experts ranked these brokers as the best places to trade crypto in Canada today. Sign up by following one of the links in the table or keep reading to find out more about each platform and why we rated it so highly.

We found 26 crypto platforms for users based in

Bitget
Min. Deposit n/a
Fees -
No. assets n/a
Demo account -

Coinbase review
4.2
Coinbase
Min. Deposit $10
Fees Up to 0.6%
No. assets 150+
Demo account No

Coinbase review

Eightcap review
4.5
Eightcap
Min. Deposit $100
Fees Up to $3.5 RT
No. assets 800+
Demo account Yes

Eightcap review

74-89% of retail CFD accounts lose money

Top 8 crypto brokers in Canada, reviewed

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We found 26 crypto platforms for users based in

1. Bitget: Best for copy trading crypto

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Bitget_logo
Ratings

$-

Min. deposit

...

Fees

-

No. assets

No

Demo account

Overview

We love Bitget because it’s a secure, transparent crypto exchange that makes it simple to trade crypto. There’s a huge range of cryptocurrencies available to trade – over 800 at the time of writing – and plenty of different ways to trade, whether that’s the spot market, futures, or automated bot trading.

Bitget’s best feature, and the one we’ve got the most use out of, is copy trading. The copy trading feature is intuitive and gives you all the information you need to make the right choice about which traders to follow – you can quickly get a feel for a trader’s win rate, returns, total profit, and the number of other people who follow them. You can view a full trading history of each expert without even having to sign up.

Along with copy trading, there are plenty of other features that appealed to us, and which cater to different experience levels. You can trade with leverage up to 125x, set up your own automated trading bot, or stake your coins in a variety of different ways – from passive, low-risk interest to high yield staking.

There’s plenty more we haven’t mentioned yet – borrowing, on-chain swaps, and a Bitget wallet. You can even invest in NFTs or use the Launchpad feature to buy into the next big crypto project as early as possible.

Overall, this is a great one-stop service for all your crypto needs.

Highlights

Fees & Costs

2. Coinbase. Best secure trading platform for all types of trader

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4
Ratings

$10

Min. deposit

Up to 0.6%

Fees

200

No. assets

No

Demo account

Overview

We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.

Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure. 

A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. It stores 98% of customer assets offline in cold storage, minimizing the risk of theft. There is also insurance on all cash balances up to $250,000

The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.

Highlights

Fees & Costs

Pros & Cons

3. Eightcap. Best online broker for choice of trading platform

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4.5
Ratings

100

Min. deposit

Up to $3.5 RT

Fees

800

No. assets

Yes

Demo account

Overview

We love Eightcap because you have several trading platforms to choose from. You can choose between MetaTrader 4, MetaTrader 5, and TradingView. All of these platforms are favourites among retail traders. With the MetaTrade suite of platforms, you can access lots of technical indicators, custom tools, and expert advisors. 

TradingView with Eightcap allows you to trade directly from your charts while accessing the hundreds of tools and features available. Eightcap has over 900 markets available including stocks, forex, indices, commodities, and cryptocurrencies. 

The fees: Eightcap is a CFD broker and charges spreads, commissions, or a combination of both. There are two account types available, RAW, and Standard. The RAW account has ultra-low spreads starting from 0.0 pips but charges $3.5 RT per lot. The standard account is commission-free for most assets and spreads start from 1 pip.

Highlights

Fees & Costs

Pros & Cons

74-89% of retail CFD accounts lose money

4. Kraken: Best for simple, global cryptocurrency trading from your phone

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4
Ratings

$10

Min. deposit

0.10% - 0.26% (volume dependent)

Fees

200

No. assets

Yes

Demo account

Overview

We love Kraken because it’s a beginner-friendly crypto trading platform, one that’s designed to make it quick and convenient to buy and sell crypto on the go. The Kraken mobile app provides access to over 200 cryptocurrencies making it one of the most diverse platforms around. 

With an intuitive interface and many advanced features, the Kraken crypto app is suitable for those just starting, or experienced traders wanting to enhance their trading experience. The Kraken mobile app caters to different trading styles and preferences with spot, margin, and futures all available. 

Kraken’s mobile app also supports up to 5:1 leverage allowing you to amplify your position and potentially increase your returns. With such a wide selection of tokens available and a solid range of features and tools, the Kraken app is one of the top cryptocurrency trading platforms while on the go. 

The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.

Highlights

Fees & Costs

Pros & Cons

5. Uphold. Best for building long term wealth

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4
Ratings

$1

Min. deposit

$0.99

Fees

300

No. assets

Yes

Demo account

Overview

We love Uphold because it’s a regulated and transparent digital asset platform. Uphold is an excellent platform for discovering important new tokens early, making it ideal for investors looking to get in on the ground floor of emerging cryptocurrencies. 

Uphold offers a broad selection of coins, with over 250 tokens available catering to both seasoned and novice crypto traders. The platform regularly adds new assets allowing users to invest in promising projects before they gain mainstream attention. 

Uphold isn’t just a platform for investing early. One of the main advantages of using Uphold is its transparent and competitive fee structure. The platform does not charge for deposits or withdrawals, and trading fees are clearly stated. You can also trade between different asset classes including fiat currencies. 

The fees: Crypto spreads start from 0.9% and are usually lower than 1.3% for BTC and ETH. Other cryptocurrency spreads are higher. Average spreads on fiat currency are 0.2%. There is a $0.99 fee for transactions under $100 made with the Uphold card.

Highlights

Fees & Costs

Pros & Cons

Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.

6. AvaTrade. Best regulated broker for secure trading

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Avatrade_logo
4
Ratings

$100

Min. deposit

From 0.13%

Fees

500

No. assets

Yes

Demo account

Overview

We love AvaTrade because it is a reliable CFD broker, that gives users access to a wide range of markets. As a CFD broker, AvaTrade lets you speculate on the price movements of various crypto markets without owning the underlying assets. AvaTrade is a multi asset brokerage firm and includes CFDs on many of the biggest cryptos including Bitcoin, Ethereum, Dogecoin, and more. 

AvaTrade is also highly regarded for its strong regulatory framework and commitment to security. AvaTrade is regulated in multiple jurisdictions, including Europe, Australia, Japan, South Africa, and the British Virgin Islands, which means it must adhere to stringent regulatory standards across the world. 

AvaTrade isn’t just well regulated, it also employs advanced security measures to protect client funds and personal information, including segregated accounts and robust encryption technology. 

The fees: There is no commission on any trading. AvaTrade makes money from the Bid/Ask spread instead. Crypto spreads start from 0.13%. Positions left overnight are charged a swap fee that varies depending on size. An inactivity fee of £/€/$50 per month is applicable if you don’t log in to your account for three consecutive months.

Highlights

Fees & Costs

Pros & Cons

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

7. KuCoin. Best social trading altcoin exchange

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4
Ratings

$-

Min. deposit

...

Fees

-

No. assets

No

Demo account

Overview

We love KuCoin because it’s a great place for beginners to trade more than 700 altcoins. Kucoin offers a vast range of cryptocurrencies including all the big names like Bitcoin and Ethereum, together with hundreds of altcoins and newly released tokens. 

The exchange gives you multiple ways to trade and invest in crypto, including spot trading, futures trading, margin trading, and staking. This choice allows you to choose the method that best suits your trading strategies and risk tolerance. 

Kucoin is a top platform for both beginners and experienced traders. Its intuitive interface is easy to get to grips with and its advanced trading features mean even high volume traders can make use of it. Kucoin also offers an earn feature, where you can generate passive income through staking and lending, making it one of the best all round crypto exchanges. 

The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.

Highlights

Pros & Cons

8. XTB: Best for offering global CFD markets to retail traders

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3.5
Ratings

$-

Min. deposit

0.2 pips

Fees

1,600

No. assets

Yes

Demo account

Overview

We love XTB because of its extensive range of international CFD markets, allowing retail traders to buy and sell popular financial assets at competitive prices. XTB offers over 5,900 instruments, including 3,000 stocks, 400 ETFs, and 2,300 CFDs across forex, commodities, and indices. 

This broad selection allows you to diversify your portfolio and explore several trading opportunities across different asset classes. Whether you are interested in forex, commodities, indices, or cryptocurrencies, XTB’s comprehensive offering means you have the tools and resources needed to trade effectively.

XTB combines beginner-friendly, introductory tools and resources with a scaling system of accounts that allow experienced traders to access high rates of leverage and advanced analytical tools. 

With more than 180 pre-installed indicators and chart types, its bespoke xStation platform allows for intricate analysis, while beginners can access its Trading Central service, where trade ideas, forecasts, and risk analyses are available for anyone to look through.

The fees: XTB’s fees start from 0.02 pips on forex pairs and 0.2 pips on stocks and indices CFDs. Commodities come with larger spreads, starting from 2 pips, while cryptocurrency spreads are significantly higher and start from 8.1 pips.

Highlights

Fees & Costs

Pros & Cons

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76-83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What is a cryptocurrency broker?

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A cryptocurrency broker is a platform or service that enables individuals to buy and sell cryptocurrencies in exchange for fiat currencies (like USD, CAD, etc.) or other digital currencies.

Brokers provide a user-friendly interface that simplifies the process of engaging in cryptocurrency transactions, making it accessible for beginners and experienced traders alike. Unlike exchanges that match buyers with sellers, brokers sell you cryptocurrency directly at a price set by the platform.

How does a crypto broker work?

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Crypto brokers work by acting as the middleman between the buyer and the broader cryptocurrency market. They purchase large amounts of cryptocurrencies at wholesale prices from exchanges and then sell them to their customers at a markup to cover their costs and generate profit. When you use a crypto broker, you are not buying from another trader but directly from the broker’s own inventory of coins.

The price you pay for cryptocurrencies at a broker may include a premium over the market rate, which is the cost for the convenience and services they provide.

What should I look for in a crypto broker in Canada?

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When choosing a crypto broker in Canada, consider the following facto

  • Regulation and security. Ensure the broker is registered with the relevant Canadian regulatory bodies – the Canadian Securities Administrators (CSA)[1] and the Investment Industry Regulatory Organization of Canada (IIROC)[2] and employs strong security measures to protect your funds and personal information.
  • Fees. Understand the broker’s fee structure, including any premiums on the purchase price, withdrawal fees, and deposit fees.
  • Available cryptocurrencies. Check the range of cryptocurrencies offered, ensuring they have Bitcoin and any other digital currencies you’re interested in.
  • User experience. The platform should be user-friendly, with a straightforward process for buying and selling cryptocurrencies.
  • Customer support. Good customer service is essential, as it ensures you can get help when you need it.
  • Payment options. Look for brokers that offer convenient deposit and withdrawal options, such as bank transfers, credit cards, or even e-transfers.
  • Reviews and reputation. Research the broker’s reputation among users and read reviews to gauge the experiences of others in the Canadian crypto community.

Quick answers to key questions

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Do cryptocurrency brokers in Canada charge fees for buying cryptocurrency?

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Yes, even the best cryptocurrency brokers charge some sort of trading fee or commission. However, these vary between platforms and might appear in different ways. For instance, a broker might advertise that it charges ‘zero fees,’ but if you look at the price they’re quoting for a coin you’ll realise that it’s above market rate. 

This is because cryptocurrency broker fees are sometimes incorporated into the price, so you won’t pay a fixed rate fee, but there is still a commission being applied. Other platforms charge a certain amount per trade; 1-2% of the total trade value is most common.

Here are the types of fees you may have to pay when using a Canadian cryptocurrency broker:

Fee Bitget fees Coinbase fees Eightcap fees
Trading fees From 0.1% Yes Yes
View more > Bitget > Coinbase > Eightcap >

And, here are the fees charged by the top 3 crypto brokers in Canada:

Asset Bitget fees Coinbase fees Eightcap fees
View more > Bitget > Coinbase > Eightcap >

Do I have to verify my identity with a Canadian cryptocurrency broker?

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Yes, you will have to provide evidence of your identity. The top brokers are regulated y the CSA, IIROC, or relevant local state regulators, and as such need users to prove their identity to comply with KYC (Know Your Customer) guidelines[3]. Usually at least one form of photo ID is required, which can be your passport or a driving license.

Can I buy multiple cryptocurrencies through a Canadian crypto broker?

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Yes, pretty much every broker will offer a range of coins. The amount on offer varies from 10-15 on the most basic broker, to thousands on the biggest and most advanced platforms. On almost every broker you can expect to find the likes of Bitcoin, Ethereum, Avalanche, Binance Coin, Cardano, Dogecoin, Solana, Tether, and XRP. 

If you’re looking for altcoins, then you need to find a more advanced trading platform, or a top crypto exchange in Canada. There you can find more obscure coins, like Aave, ApeCoin, Axie Infinity, Bitcoin Cash, Chiliz, Litecoin, Monero, Stellar, Zcash, and many hundreds of others.

Do I need a wallet to use a crypto broker in Canada?

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No, not usually. It can however be a good idea to get one if investing for the long term. The best crypto brokers will typically allow you to hold your coins in your online account or app.

This can be convenient for people looking to trade coins frequently, but long term investors might want to consider a secure hardware wallet, such as the Ledger Nano S.

Do the best cryptocurrency brokers in Canada have mobile apps?

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Yes, the best Bitcoin brokers in Canada have their own crypto trading app that you can access on iOS and Android devices. You may want to test out the app by downloading it before you sign up to a broker, particularly if you plan on trading a lot from your phone.

Apps should provide a seamless trading experience that’s just as good as using a web browser; if an app doesn’t offer that, you might want to look elsewhere.

Can I trade cryptocurrency CFDs in Canada with an online broker?

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Yes, crypto CFDs are legal in Canada. The marketing of them is restricted by regulations laid down by the various federal and state financial regulators, but there is no restriction on crypto CFDs themselves – as there is in the US. The best cryptocurrency brokers in Canada are regulated by various global bodies. The table below explains more:

Region Bitget regulators Coinbase regulators Eightcap regulators
Africa
Asia FSA
Australasia ASIC
Europe VASP FCA FCA, CySEC
International
North America NFA
South America
View more > Bitget > Coinbase > Eightcap >

Should I use brokers to buy and sell cryptocurrency in Canada?

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The answer to this question depends on your investment goals. Any of our top cryptocurrency brokers in Canada offer beginner-friendly, but you need to be aware that the convenience provided by brokers comes with additional fees.

The number of cryptocurrencies available on a broker can be limited compared to other investing platforms. A broker is a great option for the most popular coins, so you can buy Bitcoin and Ethereum very easily, but it might not be the best choice if you want to trade the latest altcoin trends.

You need to balance your desire for convenience and ease-of-use with cost and the range of trading options. A broker is best for beginners and for low trading fees but for the best coin prices or the widest range of coins, you might want to look elsewhere.

Methodology: How we choose the best cryptocurrency brokers in Canada

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Helping people make better financial decisions is at the heart of our mission at Invezz. 

We periodically test more than 63 Canadian crypto brokers to provide our users with clear, accessible guidance on the investing options available. All testing is carried out by our panel of crypto experts, analysts, and active traders who sign up to each brokerage, conduct research, and score each service.

Our tests are designed to find crypto brokers in Canada that offer a beginner-friendly, secure investing experience at a fair price. To supplement our practical testing and experience, we research each brokerage to gather any further relevant information. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

Each crypto platform in Canada is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.

We work closely with individual crypto brands to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process.

FAQs

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01

Do I have to pay tax on the profits I make through a Canadian crypto broker?

02

Are the top cryptocurrency trading platforms in Canada anonymous?

03

Are crypto brokers legal in Canada?

04

Can I access my full trading history with a broker?


Fact-checking & references

James Knight

James Knight

Editor of Education

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James is the lead editor of education for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the Jacksonville Jaguars. His biggest claim to fame is that he once fed, rode, and ate an ostrich all on the same day....