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Compare the best Ethereum brokers

With CFD broker trading, you can profit through buying and selling ether without having to worry about keeping your cryptocurrency secure from hackers. We’ve found and reviewed all the best brokers.

Where can I find the best brokers to trade Ethereum?

Right here. We’ve compiled a list of the leading CFD brokers and reviewed them to help you find the right platform for you.

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 available
Min Deposit
200€
Czech Republic
Start Trading View key features
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 available
Top Coins
  • ADA
  • BTC
  • XLM
  • XRP
  • LTC
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 stocks, ETF’s, indices and commodities. eToro offers a wide range of stocks, such as Amazon, Apple, Microsoft and others. 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.
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€
Czech Republic
Start Trading View key features
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
  • BTC
  • ETH
Payment Methods
Credit Card, PayPal, Skrill, Bank Transfer
Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies.
80.5% 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. * Except for one hour on Sundays
CEX
Key Features
Margin Trading
Legal compliance
Cryptocurrency staking
Various Payment options
Min Deposit
20€
Czech Republic
Start Trading View key features
Key Features
Margin Trading
Legal compliance
Cryptocurrency staking
Various Payment options
Top Coins
  • BTC
  • ETH
  • USDT
Payment Methods
Credit Card, Debit Card, Wire Transfer, Cryptocurrencies, Skrill
Cex.io offers exchange of fiat currency for Bitcoin Ethereum, Tether, and 23 other cryptocurrencies, as well as Bitcoin/Ethereum trading against the USD.
Binance
Key Features
Huge range of cryptocurrencies
Highly liquid
2 Factor Authentication
Min Deposit
1€
Czech Republic
Start Trading View key features
Key Features
Huge range of cryptocurrencies
Highly liquid
2 Factor Authentication
Top Coins
  • BTC
Payment Methods
Cryptocurrencies
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Bitpanda
Key Features
Fully automated platform with instant transactions
A wide variety of payment options
Good for beginners
Min Deposit
1€
Czech Republic
Start Trading View key features
Key Features
Fully automated platform with instant transactions
A wide variety of payment options
Good for beginners
Top Coins
Payment Methods
Visa, Mastercard, Neteller, Skrill, Sofort, Giropay, EPS, Credit Card
BitPanda is a Bitcoin broker based in Austria. It offers a wide range of payment methods and has good prices.

What is CFD trading?

CFD trading is a way of trading ether without having to be responsible for managing the coins or own them. CFD stands for Contract for Difference, but don’t worry it doesn’t involve sitting down and signing anything, it’s just an agreement with a CFD broker platform to pay you the difference in the prices of ether from when you bought the coins to the time you decide to cash out. Instead of owning the coins you are trading against their value – we’ll explain everything below.

How do Ethereum broker platforms work?

Broker platforms allow you to trade against the changes in the price of ether, without having to keep the coins in a wallet or worry about securing them from hackers. When you take out a CFD you are essentially ‘buying’ some ether at a certain price, with the understanding that when you sell the CFD you will get paid what the amount of ether you bought is worth at that point.

Here’s an example: if you buy a CFD for £5,000 worth of ether, and the value of ether rises 10%, the CFD can then be sold for £5,500, leaving you with a £500 profit. Conversely, if the price drops by 10%, the contract can only be sold for a loss of £500. However, you will be able to control when you sell the contract.

Additionally some CFD platforms allow you to trade cryptocurrency with leverage, meaning that for every rise or fall in the value of ether your contract either rises or falls in value by a multiple of that. To use the same example as above, if your CFD had leverage of 2:1 then it would be worth £6,000 or £4,000 after a rise or fall of £500 in the value of your ether.

If you’re worried about the word ‘contract’, don’t worry. Put simply, you are effectively trading over the change in the price of ether without having to deal with the hassle of needing to store it.

So I don’t technically own the ether I’m trading on a CFD platform?

Technically no, you don’t ‘own’ the ether. Instead, you ‘own’ the value of the ether you paid for, whether that value rises or falls – you’re entitled to it. This allows you to trade on the market fluctuations and act faster than you could if moving ether between wallets or exchanges.

What should I look for in an Ethereum platform?

A regulated platform

Ethereum CFD trading sites should be regulated, either by the FCA or similar regulatory body, so make sure you’re using a reputable and regulated site.

Variety of payment methods

CFD platforms offer different payment methods for you to make deposits and withdrawals with. As an example, some platforms accept PayPal payments, whilst others don’t.

Suitable deposit and withdrawal limits

Deposit and withdrawal limits will vary from platform to platform, so make sure you’re selecting a CFD platform that allows you to conduct the level of trading you would like to do.

Good reputation

Ethereum CFD trading has been around for a while now, so some platforms have been serving customers for long enough to have a strong reputation. Our reviews will provide you with a platform that’s trustworthy and reputable to use.

Design and ease of use

A CFD platform should be easy to use and navigate. You should be spending your time making money trading on ether, not figuring out how to navigate the site.

Variety of coins

If you’re interested in investing in cryptocurrencies other than Ethereum, have a look at CFD platforms that allow you to trade with a range of coins.

Will I have to verify my Ethereum trading account?

Yes. As CFD trading is a regulated industry, you will have to comply with regulations and must provide details for account verification. Verification will usually involve providing proof of identity and proof of address (through providing the relevant documents). You will often be asked to provide a selfie of yourself holding such documents to prove they’re yours.

Is CFD trading secure?

Yes, but this largely depends on the platform you use. If you’re using a reputable service then don’t worry – your trades will be secure. We’ve narrowed down the most reliable and reputable CFD platforms and reviewed them for you right here.

What if I forget my password?

Just like other online platforms, CFD trading platforms will have ways of allowing you to reset your password in the case you lose your password, using your email address, or recovery question(s).

Can I trade multiple cryptocurrencies with online brokers?

Yes, you can. You can easily buy or sell contracts involving multiple cryptocurrencies on broker platforms. Although most platforms offer the ability to take out contracts on Bitcoin, Ethereum, Ripple, and Litecoin, the full selection of cryptocurrencies offered will change between platforms.

Do CFD trading brokers charge fees for trades?

This depends on the platform. Usually, platforms do not charge trading-related fees, with the exception of overnight fees for keeping your trades open. However, most platforms charge withdrawal or deposit fees.

Do I need to have an Ethereum wallet to use a CFD broker?

No. You don’t need a wallet to use a CFD platform, as you don’t ever own the underlying ether that you are trading over. You are simply trading on the change in price position.

What are the advantages of using an online broker platform?

CFD brokers are the best tool for users looking to make money on the price fluctuations of ether; fast trading is what they are built for. It also removes the hassle of having to control or hold the ether yourself on a wallet, which takes time.

And what are the drawbacks?

If you want to own and use coins yourself, you’ll need to use an exchange. You will also need to have more technical financial knowledge in order to take full advantage of trading, as it might be difficult to appreciate how to operate a trading platform as an inexperienced user; so learning must come first.

Should I use an Ethereum broker to trade?

This depends on you. If you want to trade ether quickly and easily without having to worry about the storage of your ether, then CFD trading is a great option for you. If you’d prefer to spend your Ethereum and use it in your lifestyle then you need to use an exchange. Find more pros and cons below:

Pros
  • When trading through a CFD platform you can make quick trades to capitalise on market fluctuations
  • You don’t have to worry about keeping your ether secure
  • CFD platforms are regulated brokers
  • You can long and short sell ether with these platforms
Cons
  • CFD trading requires knowledge of financial trading
  • Ultimately, you don’t actually own the ether you trade

FAQs

  • Brokers
  • Your concerns
  • Technical
ℹ Can I use a CFD broker on my mobile phone?
ℹ Is CFD trading the best way to buy and sell ether?
ℹ What are the differences between CFD platforms, exchanges, and brokerages?
ℹ Are there minimum and maximum deposit/withdrawal amounts?
ℹ Are there trading limits?
ℹ Is it easy to switch broker platforms?
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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