11 Best Crypto Brokers in 2025

We asked our team of experts, with decades of cryptocurrency experience between them, test the best crypto brokers 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 for you.

Top cryptocurrency brokers overall for 2025

What are the best crypto brokers?

Our experts ranked these brokers as the best places to trade crypto 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.

4.6

eToro

Min. Deposit $100

Fees 1%

No. assets 3600+

Demo account Yes

Visit site

eToro review

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

4.5

Plus500

Min. Deposit $100

Fees From 2%

No. assets 2800+

Demo account Yes

Visit site

Plus500 review

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.

4.2

Coinbase

Min. Deposit $10

Fees Up to 0.6%

No. assets 150+

Demo account No

Visit site

Coinbase review

Top 11 crypto brokers, reviewed

1. eToro. Best for beginners, copy-trading & demo-account

Copy link to section

4.5

Ratings

$100

Min. deposit

0% commission

Fees

3,600

No. assets

Yes

Demo account

Overview

We love eToro because it’s a trading platform built with beginners and casual traders in mind. The platform combines an interactive, social trading experience with an easy-to-use interface, making it ideal for novice traders.

The far-reaching catalog of more than 5,500 stocks and ETFs includes big names like Apple and Tesla, as well as smaller companies with high growth potential. You can start trading with as little as $10 using fractional shares if you’re on a tight budget.

One feature we particularly appreciate is the ability to interact with eToro’s 35 million users on any asset, market, or portfolio page. If you find traders whose strategies match your risk tolerance, you can copy their portfolios automatically using eToro’s flagship copy trading functionality. This is a great way to learn and potentially benefit from the expertise of more experienced traders.

If you don’t feel comfortable investing your cash straight away, you can use a free demo account, credited with $100,000 virtual dollars. This offers plenty of opportunities to try out a trading strategy that works for you across stocks, crypto, and options trading markets.

Highlights

No. of tradable assets	3600+
Min. Deposit	$100
ID verification required	Yes
Free demo account	Yes
Supported assets	Stock CFDs, ETF CFDs, Forex CFDs, Index CFDs, Commodity CFDs, NFTs, Crypto
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	ASIC, FCA, CySEC, FinCEN

Fees & Costs

Trading fees	Yes, on certain assets
Inactivity fees	Yes
Rollover/overnight fees	Yes, on CFDs
Withdrawal fees	Yes
Spreads	Yes, on certain assets
Conversion fees	Yes, for non-USD currencies

Pros & Cons

Great for beginners, simple to set up and get started Competitive, industry-leading commissions Popular ‘Copy Portfolios’ function lets you follow top traders Excellent customer service, with live chat support provided

Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets

Read review Visit eToro

eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the BD.

2. Plus500. Best for international trading*

Copy link to section

4.5

Ratings

$100

Min. deposit

From 0.8%

Fees

2,800

No. assets

Yes

Demo account

Overview

We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you make a trade. Its technology driven platform gives access to futures contracts for some of the biggest indices.

Plus500 has something for all types of traders, no matter what level of experience. Its low margin requirements (starting at $100) and different contracts make it a top choice for day traders. At the same time, its trading academy is packed with educational content, perfect for beginners just starting. 

For accurate instrument availability, visit plus500.com.

The fees: Plus500 charges a commission of $0.49 per Micro contract and $0.89 per Standard contract (per side). There is an Auto-Liquidation fee of $10 per contract. Other exchange fees may be applicable and can be found on the CME group website. 

*Based on a comparison of 60+ leading brokers and trading platforms.

Highlights

No. of tradable assets	2800+
Min. Deposit	$100
ID verification required	Yes
Free demo account	Yes
Supported assets	Stock CFDs, ETF CFDs, Forex CFDs, Crypto CFDs, Index CFDs, Commodity CFDs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FSA, ASIC, FMA, FCA, CySEC

Fees & Costs

Trading fees	No
Inactivity fees	Yes
Rollover/overnight fees	Yes
Withdrawal fees	No
Spreads	Yes
Conversion fees	Yes

Pros & Cons

Free demo account for every user Secure broker, licensed by top-tier regulators Wide variety of CFDs to trade Several good risk management tools

No support on trading information and education Website isn’t brilliantly designed to help users find answers to their questions No MetaTrader trading platform compatibility

Read review Visit Plus500

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.

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

Copy link to section

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

No. of tradable assets	150+
Min. Deposit	$10
ID verification required	Yes
Free demo account	No
Supported assets	Crypto, NFTs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FSA, FCA, NFA

Fees & Costs

Trading fees	Yes
Inactivity fees	No
Rollover/overnight fees	No
Withdrawal fees	Yes
Spreads	Yes
Conversion fees	Yes

Pros & Cons

Simple and easy to use interface Able to buy cryptocurrencies instantly with a credit or debit card Offers great security on its wallet Can use a variety of payment methods

Quite high fees for credit and debit card instant buys Poor customer support

Read review Visit Coinbase

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

Copy link to section

3.5

Ratings

$10

Min. deposit

0.10% - 0.26% (volume dependent)

Fees

90

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

No. of tradable assets	200+
Min. Deposit	£10
ID verification required	Yes
Free demo account	Yes
Supported assets	Crypto, NFTs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FSA, AUSTRAC, FCA, MiFID II, FinCEN, FINTRAC

Fees & Costs

Trading fees	Yes
Inactivity fees	No
Rollover/overnight fees	No
Withdrawal fees	No
Spreads	Yes
Conversion fees	Yes

Pros & Cons

Cheap/ free deposits in EUR and cheap deposits for the USA Margin trading and Futures supported Transparency - it was the first exchange to carry out proof of reserves Low fees in comparison to other exchanges

Catered towards professional traders with large trading volumes Slow account verification in comparison to other brokers

Read review Visit Kraken

5. Uphold. Best for building long term wealth

Copy link to section

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

No. of tradable assets	250+
Min. Deposit	$1
ID verification required	Yes
Free demo account	Yes
Supported assets	Crypto, Commodities,
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FSA, FinCEN

Fees & Costs

Trading fees	No
Inactivity fees	No
Rollover/overnight fees	Yes
Withdrawal fees	No
Spreads	Yes
Conversion fees	Yes

Pros & Cons

Wide range of cryptocurrencies available Zero deposit and withdrawal fees Crypto wallets to store your coins Low minimum deposits and fast account set up

Spreads can be high for some cryptocurrencies Services vary depending on region Customer support is limited

Read review Visit

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

6. Public. Best for AI analysis

Copy link to section

4

Ratings

$20

Min. deposit

Spreads

Fees

9,000

No. assets

No

Demo account

Overview

We love Public because it makes use of cutting-edge AI technology to enhance your trading and investing experience. Public’s AI-powered feature, Public Alpha offers personalized insights and recommendations through its natural language interface in real time. 

Public’s AI technology helps you make more informed decisions by analyzing massive amounts of data and providing actionable insights. These AI-driven insights are easily accessible and give users access to the latest advancements in financial analysis and trading. 

Not only do can you use AI to help your investments, Public is one of the lowest cost brokerage firms out there. You can invest in stocks and ETFs commission free. You can also buy and trade fractional shares and if you want to diversify, you can explore a range of alternative investments including music and film royalties. 

The fees: There are no fees for investing in stocks during regular trading hours in the US – 9.30am-4pm EST. There is a $2.99 fee for trades outside of regular hours. 

Highlights

No. of tradable assets	9,000 +
Min. Deposit	$20
ID verification required	Yes
Free demo account	No
Supported assets	Stocks, ETFs, Crypto, , ,
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	SEC, FINRA, SIPC

Fees & Costs

Trading fees	Yes
Inactivity fees	Yes
Rollover/overnight fees	No
Withdrawal fees	No
Spreads	Yes
Conversion fees	Yes

Pros & Cons

Commission free stock and ETF investing Share and compare your portfolio on a social trading platform Trade crypto, fractional shares, and alternative investments

You can't trade on margin or use leverage No forex, options, funds, metals, or bonds

Read review Visit

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

7. KuCoin. Best social trading altcoin exchange

Copy link to section

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

No. of tradable assets
Min. Deposit
ID verification required	No
Free demo account	No
Supported assets
Mobile trading app	No
Web trading platform	No
Regulatory bodies

Pros & Cons

Anonymous trading with up to 2 BTC withdrawals/24 hours Wide variety of cryptocurrencies No deposit fees

Low trading volumes not suitable for big traders Doesn’t support U.S. customers You might experience delays and lags during high-traffic times.

Read review Visit KuCoin

8. Paybis. Best crypto platform for choice of payment methods

Copy link to section

4

Ratings

$4

Min. deposit

Variable

Fees

90

No. assets

No

Demo account

Overview

We love Paybis because it is one of the simplest crypto platforms to use, making it ideal for both beginners and experienced traders. The intuitive interface makes the process of buying and selling cryptocurrencies smooth, fast, and hassle-free. 

Paybis offers a good selection of coins to buy and sell including popular options like Bitcoin and Ethereum, as well as many altcoins. With such a wide range of tokens, you’ll be able to diversify your portfolio and take advantage of market opportunities very quickly. 

One of the best features of Paybis is its selection of payment options. Not only can you buy Bitcoin with a credit or debit card using USD, but you can also choose from several payment apps and digital wallets. 

The fees: How much you will pay will depend on the payment option you use. Paybis provides detailed information on the types of fees applied. You can expect competitive rates, with clear outlines of transaction and network fees, before buying or selling.

Highlights

No. of tradable assets	90
Min. Deposit	$4
ID verification required	Yes
Free demo account	No
Supported assets	Crypto
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	MAS, FinCEN

Fees & Costs

Trading fees	Yes
Inactivity fees	No
Rollover/overnight fees	No
Withdrawal fees	Yes
Spreads	Yes
Conversion fees	No

Pros & Cons

Low fees when buying or selling crypto Easy to navigate interface Excellent customer support functions

Fewer cryptocurrencies compared to other platforms Limited trading tools

Read review Visit Paybis

9. Nexo. Best for earning interest & rewards

Copy link to section

4

Ratings

$-

Min. deposit

...

Fees

-

No. assets

No

Demo account

Overview

We love Nexo because you earn rewards every time you make a purchase. You can trade 60+ cryptocurrencies and earn rewards of up to 0.5% on every transaction, then store your coins on Nexo to build your wealth through passive interest payments.

You can trade on the go from a mobile app and Nexo is designed for simplicity. Every trade is locked in at the rate you see on your screen, so you won’t suffer from price slippage, and it has the added bonus that any crypto held in your account automatically starts to earn interest. 

The fees: Nexo charges a 2% spread on buy and sell transactions. There are no fees for storing coins in your Nexo account. Depending on your loyalty tier, you receive a fixed number of free withdrawals, and any additional withdrawals will be charged a network fee. 

Highlights

No. of tradable assets
Min. Deposit
ID verification required	No
Free demo account	No
Supported assets
Mobile trading app	No
Web trading platform	No
Regulatory bodies

Pros & Cons

Offers excellent rates of interest on crypto and fiat savings Nexo debit card makes it easy to access and spend your funds Access crypto loans and collateral Equipped with top quality security infrastructure and insured

No anonymous option, your identity must be verified to place buy and sell orders Margins calls if the value of your collateral drops between a certain level

Read review Visit Nexo

10. OKX. Best for futures and margin trading

Copy link to section

4

Ratings

$-

Min. deposit

...

Fees

-

No. assets

No

Demo account

Overview

We love OKX because it’s an adaptable and flexible exchange, with an app that’s available in three different versions depending on how you trade. Choose from the beginner-friendly Lite version, Web3 option for NFT traders, or the Pro version for a plethora of trading tools. 

From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.

The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto holders are entitled to a discount, up to 0.02% off for holding more than 2,000 coins. High volume traders are also entitled to a discount, with the cheapest fees available for traders with a 30 day trading volume above $10,000,000,000.

Highlights

No. of tradable assets
Min. Deposit
ID verification required	No
Free demo account	No
Supported assets
Mobile trading app	No
Web trading platform	No
Regulatory bodies

Pros & Cons

Stake ETH to freely mint NFTs & win big prizes 350+ cryptocurrencies & NFTs available across 650+ trading pairs Crypto spot & derivative markets available Pay using hundreds of local payment methods

Not available in the US Lack of fiat withdrawal options

Read review Visit OKX

The top crypto brokers for your needs

What is the top cryptocurrency broker for beginners?

eToro is the best beginner-friendly platform for trading cryptocurrency. When you’re just starting out, you want to prioritize ease of use and get plenty of guidance. With eToro’s CopyTrader feature you can access both, and it boasts cheap trading fees as well.

What is the best broker for cryptocurrency trading?

BitPanda is our expert pick as the best broker to trade cryptocurrency. For those looking to make frequent moves, it’s essential to register for a broker that offers low trading fees and a variety of charting and analysis tools. BitPanda offers both, which makes it a great place to start your trading journey.

What is the top cryptocurrency broker for long term investors?

Coinbase is the best broker for cryptocurrency trading combined with a secure storage facility. You can use Coinbase to buy and sell crypto, then keep your digital currencies safe in the Coinbase Wallet.

What is the best crypto broker for altcoins?

OKX has the largest range of coins on offer, so it should be your first port of call to buy altcoins. Many crypto brokers only list a limited number of digital currencies, so take advantage of the fact that OKX offers hundreds of them.

Read more: the best altcoin brokers

What is the best crypto broker for DeFi coins?

The leading decentralized finance (DeFi) coins are all available on eToro. DeFi coins have become some of the most popular cryptocurrencies on the market, and eToro has always been quick to add the best coins to their list of digital assets for sale. You can buy them on eToro very easily, and with low fees.

Read more: the best DeFi trading platforms

What is the best broker for staking coins?

eToro is the best bet for staking your coins without having to think much about it. You simply buy and store your coins on eToro and earn interest on coins once you pass the qualifying period – usually about ten days.

Just note that you may be better off financially if you use a dedicated staking platform, as opposed to a broker, as less of your money is lost in fees.

Read more: the best crypto staking platforms

What is the best crypto broker for spread betting?

It is hard to find cryptocurrency brokers that let you spread bet. The best option is normally to trade crypto instead, as it’s more widely accessible to retail traders. City Index is our top ranked spread betting broker.

Read more: the best cryptocurrency spread betting brokers

What is the best Bitcoin broker?

eToro is the best broker for trading Bitcoin. It charges a fixed 1% fee on all Bitcoin trades, while the interface is clean and easy to use.

What is the best crypto broker for Ethereum?

Bitstamp is the best Ethereum broker. It’s a highly secure broker for trading crypto, and boasts industry-leading uptime so you can always trade whenever you want.

What is the best cryptocurrency broker for new coins?

Coinbase is the best crypto broker for trading new coins. It has a huge range of cryptocurrencies and is usually one of the first brokers to add new coins.

What is a cryptocurrency broker?

A crypto broker is an online trading platform that functions as a middleman for buying and selling cryptocurrencies. There are two different varieties of crypto broker: simple platforms that offer coins at set prices, and more complex interfaces that allow you to trade a wide variety of cryptocurrencies in real time.

How does a crypto broker work?

On the most basic level, Bitcoin brokers work by matching up buyers and sellers in order to execute trades. Sometimes the broker itself is on the other end of the deal, and sometimes the broker merely facilitates trades between other users in an open marketplace.

Like a bureau de change at an airport, most of the time the broker sets rates for each coin and allows you to buy at this price instantly. The broker will apply fees for this convenience, but these platforms are often the best bet whether you want to trade crypto by buying and selling coins rapidly, or you want to own a large number of coins or tokens – say more than $50,000 worth.

How do I use a Bitcoin broker?

You simply need to sign up, make a deposit, and then you can get the coins you’re interested in at the price given by the platform. The best Bitcoin brokers are straightforward and easy to use.

To start making trades as the market fluctuates you simply need to head to the trading interface of the Bitcoin broker’s website or app. From here you will be able to see all the relevant crypto price charts and start to trade cryptocurrencies right away.

What should I look for in a crypto broker?

There are a number of different factors to consider when choosing the best broker to buy cryptocurrency. Consider how intuitive the platform is to use, to more trading-related concerns such as how many coins you can trade and the fees involved for doing so.

Here’s a quick summary of all the key considerations when using a broker to trade cryptocurrency.

Design and ease of use

It’s always best to ensure you find a platform easy to navigate before using it to place trades. The point of using a broker is to make the trading process simpler, so don’t settle for a platform that makes it confusing.

Access to a demo account

Many online crypto brokers offer the option to trade with virtual money so that you can practice. Demo accounts are hugely useful if you have never traded digital currencies before.

You can trade Bitcoin and Ethereum without risking any money just by flipping a switch in the settings, and we recommend it as a starting point. This option is available to all retail investor accounts.

Price

You don’t want to pay too much above the market rate. Cryptocurrency broker fees include a combination of fixed commissions and variable spreads, so compare different brokers and make sure you’re getting a good deal.

Payment charges

Different crypto brokers will accept different methods of payment – and charge a range of fees for doing so. It’s common to find debit card payments accepted across most crypto broker platforms, but if you’re looking to pay for your coins using other methods such as credit cards or online wallets like PayPal there can be fees applied.

Regulation

The top Bitcoin brokers are regulated or approved by top tier financial institutions, such as the Securities and Exchanges Commission (SEC).

When you choose a cryptocurrency broker, look for platforms that are registered with the SEC, or an equivalent body, as that means you benefit from investor protection, like compensation schemes in case the broker goes bust.

Most brokers are regulated in some form right now, but the rules on which platforms meet the regulations might change in the future.

Reputation

Whenever you’re trusting an online platform or app with your money, you want to be sure the service is reliable. To compare cryptocurrency brokers it’s best to have a look through various user review sites, and also to check out in-depth reviews of each brokerage.

Use the table below to compare the average review scores for the top 3 crypto brokers in 2025:

Variety of coins

It’s no use finding a platform that you like if it doesn’t allow you to trade the specific coins you’re looking for. Every crypto broker will let you buy Bitcoin, but not all will support less frequently traded cryptos such as Theta and Algorand.

Here are some of the available coins on the best crypto broker in 2025:

Payment methods

When you create an account you need to deposit some money into it at the same time. Most brokers accept common payment methods, like bank transfers and debit cards.

However, other payment methods may not always be accepted. If you want to use PayPal or a similar online payment provider, it’s important to check the broker accepts it before you sign up.

Trading options

If you’re looking to trade cryptocurrencies, rather than holding coins for the long term, then make sure the cryptocurrency broker you’re using has the capabilities you’re looking for.

This could involve being able to trade cryptocurrency with leverage or to sell different coins short. Techniques like this come with increased risk and we only recommend experienced traders undertake them.

Quick answers to key questions

Do cryptocurrency brokers charge commissions or fees for buying cryptocurrency?

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 realize 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’s a look at some common fees crypto traders may encounter.

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

Yes, you will have to provide evidence of your identity. The top brokers are regulated and as such need users to prove their identity to comply with KYC (Know Your Customer) guidelines. 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 broker?

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. 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?

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 have mobile apps?

Yes, the best Bitcoin brokers 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.

What’s the difference between a crypto exchange and a crypto broker?

A cryptocurrency exchange is a platform that allows the trading of crypto assets like Bitcoin, Ethereum, and other crypto coins. Decentralized crypto exchanges operate on blockchain technology, while centralized crypto exchanges act as intermediaries. 

In contrast, a crypto broker is a firm that provides access to the crypto market, allowing investors to trade crypto CFDs or buy crypto without holding the actual cryptocurrency. The best crypto brokers offer leverage, trading strategies, and tools for speculating on crypto holdings.

What is the difference between trading crypto CFDs and buying crypto?

When you trade crypto CFDs (Contracts for Difference), you speculate on the price movements of the underlying asset without owning it. CFDs are trading derivatives that allow you to go long or short on crypto assets.

However, when you buy crypto, you own the actual digital currency and can store it in a wallet or earn rewards through activities like staking. Buying crypto gives you direct exposure to the cryptocurrency itself.

What type of crypto broker accounts are available?

Online cryptocurrency brokers offer various account types for crypto traders, including:

• Demo. A practice account to test trading strategies risk-free.
• Spread betting. Tax-efficient accounts for speculating on price movements.
• Commission based. Pay a commission per trade, often with lower spreads.
• Islamic. Accounts compliant with Sharia law, without interest or rollover fees.
• Professional. Advanced accounts for experienced traders with higher leverage and tighter spreads.

What leverage is available for cryptocurrency traders?

The leverage available to crypto traders varies across brokers and jurisdictions due to regulatory compliance. Many brokers offer leverage up to 2:1 for retail clients, while professional traders may access higher leverage like 5:1 or even 20:1. 

However, leverage amplifies potential profits and losses, so risk management is crucial when utilising advanced trading strategies with leverage.

Can I trade cryptocurrency CFDs with an online broker?

It depends on where you live. Crypto CFDs are permitted in the US, but are banned in other parts of the world (for example, in the UK).

Should I use brokers to buy and sell cryptocurrency?

The answer to this question depends on your investment goals. Any of our top 10 cryptocurrency brokers 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.

Still undecided?

Before investing in cryptocurrency it’s important to weigh up the key pros and cons. Below are some of the main benefits and drawbacks of trading cryptocurrencies through a broker, along with some additional questions to consider and FAQs at the bottom of the page.

Should I buy cryptocurrency now?

If you believe that a particular cryptocurrency is going to perform well and rise in value in the long term, then it’s a good idea to sign up to a broker and hold your coins while the uptrend in price hopefully materializes.

But long term trends aren’t the most important thing for every trading strategy. Suppose your interest is more in becoming a crypto day trader. In that case, it’s more important for you to master the art of analysing cryptocurrency charts and other aspects of technical analysis. Rather than looking into how a coin will perform over months and years, you need to be able to predict how it will perform over days, hours, or even minutes and make trades accordingly.

Whatever the approach you take, one thing that is always essential is to keep up to date with the hottest cryptocurrency news. You can read the most recent features from our experts right here to help you time your trades and work out if now is the right time to invest.

Axie Infinity’s Elite 8 Tournament starts next week: will AXS price rally 50%?

Axie Infinity attracted the attention of gaming and crypto enthusiasts after the recent launch of the much-awaited Origins S12 postseason. At the center of the craze is the Elite 8 Tournament, which will begin next week on April 21. The contest will see global players battling in a double-eliminatio

Ethereum price prediction: short-term volatility amid long-term bullish signals

Ethereum (ETH) is currently priced at $1,594, showing a 1.90% drop over the last 24 hours, as traders react to a mix of derivative market activity, staking trends, and whale movements. The token has seen a 5.23% drop since hitting a high of $1,682 on April 14, 2025, signalling a short-term bearish s

Raydium’s token launch tool goes live, challenges Pump.fun

Solana’s leading decentralized exchange, Raydium, has officially released LaunchLab, an “all-in-one token Launchpad” for developers, creators, and the entire Web3 community. The move represents the latest escalation of the battle between Solana products Raydium and Pump.fun, which used to work toget

Methodology: How we chose the best cryptocurrency brokers

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

We periodically test more than 63 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 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 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