Compare the best bitcoin brokers

When it comes to bitcoin trading, you need a cryptocurrency broker you can trust. We’ve compared all your options to help you make the right choice.

Where can I find the best bitcoin brokers?

Right here. We have reviewed all the best and most reliable platforms out there to help you find the right one for you. Have a read through our reviews and see what you think. If you’re not ready just yet, scroll down and continue reading our helpful guide.

eToro
Key Features
Access the world’s most popular Crypto assets including Bitcoin
Automatically copy the trades of top Crypto traders
Deposit using PayPal + 9 other deposit options
Min Deposit
€200
Germany
Key Features
Access the world’s most popular Crypto assets including Bitcoin
Automatically copy the trades of top Crypto traders
Deposit using PayPal + 9 other deposit options
Top Coins
  • Ripple
  • Litecoin
  • EOS
  • Ethereum Classic
  • Bitcoin Cash
Payment Methods
Credit Card, Debit Card, Wire Transfer, PayPal, Skrill, Neteller, Yandex, WebMoney, UnionPay, MoneyGram
eToro is a multi-asset investment platform with more than 2000 assets, including FX, stocks, Crypto, ETF’s, indices and commodities. eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
eToro is a multi-asset platform which offers CFD and non CFD products. 62% 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.
Skilling
Key Features
Licensed and regulated by CySEC and FCA authorised UK Branch
Multi-platform broker: Skilling Trader proprietary trading platform and cTrader
Offers 800+ instruments
Min Deposit
€100
Germany
Key Features
Licensed and regulated by CySEC and FCA authorised UK Branch
Multi-platform broker: Skilling Trader proprietary trading platform and cTrader
Offers 800+ instruments
Top Coins
  • Ethereum
  • Ripple
  • Litecoin
  • Bitcoin Cash
  • Bitcoin
Payment Methods
Credit Card, Neteller, Skrill, Trustly, Bank Transfer
Skilling is a CFD trading platform that offers instruments from markets around the world (Cryptos, Forex, Commodities, Indices, Stocks). Our proprietary platform has been designed to be both intuitive and user-friendly to ensure that anybody who wants to start trading the world’s markets, can feel confident and secure enough to trade without being apprehensive or intimidated when confronted by numbers, graphs and acronyms.
69% 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.
Plus500
Key Features
Crypto CFD Trading – Available 24/7 *
No need to open a crypto exchange account or use a special wallet
Fully regulated – FCA, ASIC, CySec
Min Deposit
€100
Germany
Key Features
Crypto CFD Trading – Available 24/7 *
No need to open a crypto exchange account or use a special wallet
Fully regulated – FCA, ASIC, CySec
Top Coins
  • Ethereum
  • Bitcoin
Payment Methods
Credit Card, PayPal, Skrill, Bank Transfer
Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,700 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies.
76.4% 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. * Except for 1 hour on Sunday.
Investous
Key Features
Daily market updates and news
Cysec regulated
Online webinars
Min Deposit
€250
Germany
Key Features
Daily market updates and news
Cysec regulated
Online webinars
Top Coins
  • Litecoin
  • Bitcoin Gold
  • Ethereum Classic
  • Dash
  • Ethereum
Payment Methods
Credit Card, Skrill, Wire Transfer
Investous even new platform has already established a solid reputation as a portal that's built around the evolving needs of its members. It provides a smooth simple and streamlined interface that supports intelligent and intuitive trading, with a wide range of popular assets, superb educational tools and responsive customer service.
79.86% 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.
Libertex
Key Features
Authorised and CySEC regulated broker
50% commission discount for new traders
200+ instruments including all major cryptocurrencies
Min Deposit
€100
Germany
Key Features
Authorised and CySEC regulated broker
50% commission discount for new traders
200+ instruments including all major cryptocurrencies
Top Coins
  • Bitcoin Cash
  • Bitcoin
  • Ripple
  • Litecoin
  • EOS
Payment Methods
Credit Card, Debit Card, Bank Wire, Neteller, Skrill, OrangePay, Bitcoin, Cash
Operating since 1997, Libertex is an international, trustworthy brand with more than 20 years of financial market and online-trading experience. Libertex is serving clients from more than 110 countries. As one of the international leaders of the industry, the company has won over 30 prestigious awards worldwide. Each year, the leading position strengthens both in the markets where it has established presence and in the new markets where the company is entering with its innovative products and services.
Trading leveraged products such as CFDs involves substantial risk of loss and may not be suitable for all investors. 83% of retail investor accounts lose money when trading CFDs with this provider. Trading such products is risky and you may lose all of your invested capital.
Markets Online
Key Features
FSA Regulated
Offers major cryptocurrency coins
MT4 and MT5 Trading platforms available
Min Deposit
€250
Germany
Key Features
FSA Regulated
Offers major cryptocurrency coins
MT4 and MT5 Trading platforms available
Top Coins
  • Ethereum
  • Litecoin
  • Bitcoin
Payment Methods
Credit Card, Debit Card, Bank Wire
Markets Online is a global market Regulated Broker when it comes to trading. Access the World’s Largest Financial Markets and take advantage of market movements using favourable trading conditions.
Forex and CFDs are leveraged products. Trading on Forex and CFDs, Cryptocurrencies and other underlying variables carries a high level of risk and can result in losses that exceed deposits. The client should ensure that he fully understands the risks and make sure to manage his exposure.
ETFinance
Key Features
Huge range of cryptocurrencies
CySEC regulated
2 Factor Authentication
Min Deposit
€250
Germany
Key Features
Huge range of cryptocurrencies
CySEC regulated
2 Factor Authentication
Top Coins
  • Bitcoin Cash
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
Payment Methods
Credit Card, Wire Transfer, Skrill, Neteller, Debit Card
ETFinance is one of the leading EU online brokers in the industry, licensed and authorized by the Cyprus Securities and Exchange Commission (CySEC). Apart from trading CFDs on Forex pairs, ETFinance offers CFDs on Metals, Indices, Stock, Cryptocurrencies, and various Commodities.
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. Please read full Risk Disclosure Statement.

What is a bitcoin broker?

A bitcoin brokerage is a middleman for buying and selling bitcoin. In the same way that you’d use a bureau de change at an airport to exchange your currency to another, a broker is a company that will buy and sell bitcoin at a fixed price. Bitcoin brokers are also one of the only options that allow you to buy a very large amount of bitcoin at a time (for instance if you want to invest £50,000 or more).

How do brokerages work?

Brokers or trading platforms allow you buy bitcoin at a set value, which the platform or broker holds for you. Technically, using this method you do not own the coin itself, rather you own the value-change of it. Therefore, its a trade. If you buy bitcoin at £1,000 and it goes up to £1,100, you could sell it and keep the extra £100. Simple really.

How do I use a bitcoin broker?

It’s easy. Just go to the broker site and it will have the current rate at which they’re selling bitcoin displayed. If you’re happy with the price then set up an account, select how much you want to buy, then enter your payment details and get moving.

What should I look for in a broker?

Design and ease of use

The purpose of a broker is to make the process of buying bitcoin easier. You want to make sure the site is designed in such a way as to make it as simple as possible for you to navigate through and make your purchases.

Price

Different brokers will charge a different amount for buying bitcoin, as any commission charged by a platform will be included in the price listed, referred to as spread. To find the best rate it’s a good idea to compare multiple platforms.

Payment charges

You want to make sure you’re getting a good deal on your purchase. Depending on the platform and your chosen payment method, there could be fees of 0% to 5% of the purchase amount, with credit card being the most expensive option.

Reputation

You will want to be sure you are sending your money to a company that will not disappear with your cash. In the UK, brokers must be regulated so look out for this when reading reviews. There are many platforms that have been around for a while and have good reputations. Some of the common options you should consider include eToro and Coinmama.

Variety of coins

If you want to buy more than just bitcoin, you can find brokers with a range of cryptos. Platforms will usually offer all the top coins, and will often be more than happy to assist you in buying.

Do I have to verify my identity?

Yes, you have to verify your identity to register with a bitcoin broker. Usually you’ll have to provide proof of your ID (such as a passport and a driving license) and address (such as a utility bill or bank statement). Typically you’ll have to provide a selfie of you holding your photo ID to prove it’s yours.

What’s the difference between a bitcoin broker and an exchange?

On a Bitcoin exchange you buy and own bitcoin directly from other people, it’s peer-2-peer, whereas with a broker you’re buying the value of the coin from the platform. Exchanges are much more complicated to use as they have cryptocurrency price charts and constantly refreshing order lists; there’s a huge learning curve. A broker platform however handles the whole process for you and provides a fixed price.

Do brokers charge commission or fees for buying bitcoin?

Yes, but these are included in the price displayed. The price advertised is the price you pay, without any percentage commission being added when you’re entering your details. The only additional fees will be if a platform charges a fee for specific payment methods (e.g. credit cards).

Can I buy multiple cryptocurrencies through a broker?

Yes, most brokers sell a variety of cryptocurrencies, including the major coins such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple at the very least.

Do I need a wallet to use a bitcoin broker?

No, as the platform holds all values for you.

Should I use brokers to buy and sell bitcoin?

Well, it depends. If you want an easy and seamless way to capitalise on the growth and price fluctuations of bitcoin, this is the best and most simple option. If however you’re looking to hold your own coins personally; to use, spend or otherwise – then an exchange is the better option.

Pros
  • Brokers make buying bitcoin easier, particularly for new investors
  • They offer more protection from short term fluctuations in the value of bitcoin
  • Trading through a broker is faster than signing up to a coin exchange
  • Brokers usually have helpful customer service
  • You typically have a wide range of payment options
Cons
  • Some brokers aren't regulated
  • Prices are likely to be higher than on exchanges because they include spread fees

FAQs

Can I transfer from a bitcoin broker to my PayPal account?
Are bitcoin brokers available 24/7?
Can I use other cryptocurrencies to buy bitcoin through a broker?
Can I use multiple brokers?
Are bitcoin brokers legal?
Are brokers regulated?
Do I have to pay tax on the profits I make on my coins through a broker?
Can brokers hold my coins for me?
Can I access my full trading history with a broker?
By Harry Atkins
Harry joined us in 2019 to lead our Editorial Team. Drawing on more than a decade writing, editing and managing high-profile content for blue chip companies, Harry’s considerable experience in the finance sector encompasses work for high street and investment banks, insurance companies and trading platforms.

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