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Best Bitcoin Forex Brokers

Bitcoin has become synonymous with cryptocurrencies and is being used by many traders around the world to make payments. Therefore, many traders expect brokers to accept payments in Bitcoin. We created a list of the best Bitcoin forex brokers here. The following are our top 10 picks.

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Forex.com
trusted
Available in
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  • Specialized trading accounts
  • 24/7 instant money withdrawal
Pros
  • Top-Tier Regulation

  • Low Forex Fees

  • No Withdrawal Fees

Cons
  • High Stock CFD Fees

  • Limited Product Portfolio

  • User Interface Could Be More Intuitive

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:50
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76-78% of retail investor accounts lose money when trading CFDs with this provider.
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OANDA
trusted
Available in
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OANDA
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  • Exceptional Execution
  • US Clients
  • Scalping
Pros
  • OANDA is among the few international online forex brokers that accept U.S. clients.

  • The broker’s trading platforms are unique with features of various valuable tools and resources, including the famous Dow Jones Forex Select news and trading calculators.

  • OANDA does not require a fixed initial deposit on the standard account.

Cons
  • OANDA’s financial offerings have some irregularities that may only suit some traders

  • -Trading on OANDA may incur several fees, including a monthly inactivity fee

  • Withdrawal feeN/A
  • Deposit feeN/A
  • Max Leverage1:50
FXCM
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3
FXCM
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Pros
  • Regulated by Top-Tier Authorities

  • User-Friendly Proprietary Platform

  • Competitive Spreads for Active Traders

Cons
  • Limited Product Portfolio

  • High Bank Withdrawal Fees

  • No Two-Step Authentication on Trading Platforms

  • Withdrawal feeN/A
  • Deposit feeN/A
  • Max LeverageN/A
Ventorus
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  • Proprietary Trading Platform
  • Advanced Analytical Tools
Pros
  • Ventorus offers multiple account types, allowing traders to choose an account that fits their specific needs and experience levels.

  • With a maximum leverage of up to 1:400, traders can control larger positions with smaller amounts of capital, which can significantly amplify potential profits.

  • The broker provides low spreads, starting at an impressively low 0.03 pips, ensuring cost-effective trading conditions.

Cons
  • Ventorus is that it is not regulated by a tier-one financial regulator.

  • Additionally, the platform lacks educational materials, which can be a significant drawback for beginners who need guidance.

  • Ventorus does not support MetaTrader 4 and MetaTrader 5 platforms, which are popular among traders for their advanced features.

  • Withdrawal fee3.5% or 30 USD
  • Deposit feeNo
  • Max Leverage1:400
UnitedPips
Available in
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  • Specialized trading accounts
  • PayPay for deposit
Pros
  • High leverage options (up to 1:1000) for experienced traders.

  • Multiple account types to suit different trading needs.

  • User-friendly platforms, including mobile trading.

Cons
  • Limited information on regulatory licensing and oversight.

  • Located in St. Lucia, a jurisdiction that may raise regulatory concerns.

  • Lack of detailed information on fees or additional charges.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:1000
Mirrox Broker
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  • Specialized trading accounts
  • Affiliate Program
Pros
  • One of the main advantages of Mirrox is the variety of account types it offers. This allows traders to choose an account that fits their trading experience and style, from beginners to more advanced users.

  • Mirrox provides a maximum leverage of up to 1:400, which can be appealing for those who want to maximize their trading opportunities. This high leverage enables traders to control larger positions with a smaller investment, though it’s important to remember that it also increases the risk.

  • The broker ensures multiple ways to reach support, including live chat, email, and phone. This accessibility is bolstered by 24/7 availability, meaning traders can get help whenever they need it, regardless of their time zone.

Cons
  • Mirrox does not currently offer a mobile trading app, which could be inconvenient for traders who prefer to manage their trades on the go.

  • The platform lacks social or copy trading features, which are popular among traders who like to follow or mirror more experienced traders’ strategies.

  • Mirrox operates with a single trading platform (WebTrader), which might not appeal to traders who prefer using other popular platforms like MetaTrader 4 or 5. The lack of platform choice can be limiting for those who are used to other trading software or want to try different interfaces.

  • Withdrawal fee3.5%
  • Deposit fee$0
  • Max Leverage1:400
Capitalcore
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  • Free VPS hosting
  • 24/7 Customer Service
  • Very High Leverage
Pros
  • Ultra-High Leverage: Capitalcore offers one of the highest leverage in the industry. Traders can get much bigger positions with 1:2000 leverage when trading with Classic accounts. 

  • Swap-Free Accounts & No Hidden Fees: The broker does not charge overnight swap interest or trading commissions on any instrument. The company also does not charge inactivity fees, withdrawal fees, and deposit fees unlike other brokers. 

  • Binary Options and CFD Trading Options: Trade 35+ forex pairs, major stock indices, metals, cryptos, and even binary options.

Cons
  • Offshore Regulation: Capitalcore is not regulated by a tier -1 regulator. The company operates under an offshore IFSA regulation in St. Vincent & the Grenadines.

  • No MT4/MT5 or cTrader Support: The broker only offers proprietary platforms, with no MetaTrader or other third-party platforms for those who prefer industry-standard software or automated EA trading.

  • Limited Number of Tradable Assets: Capitalcore lacks many tradable assets. For example, the broker does not offer ETFs and only has limited commodities like no agricultural products.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:2000
Savexa
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Savexa
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  • 24/7 Customer Support
  • Multilingual Support
Pros
  • Extensive range of tradable instruments: With over 160 CFD instruments available, including stocks, forex, indices, commodities, metals, and cryptocurrencies, traders have ample options to diversify their investment portfolio.

  • Commission-free trading: There are no commissions on standard trades as the broker earns from spreads, which are also very competitive (starting ~0.9 pips). This transparent fee model means lower and straightforward costs for traders.

  • 24/7 Multilingual Customer Support: Customer support is accessible 24/7 in four languages to help traders access support in their preferred language.

Cons
  • Offshore Regulation: Savexa is regulated in Mwali (Comoros) instead of a tier-1 regulatory jurisdiction. The broker is offshore regulated which means the investors do not get the tier-1 investor protection features.

  • Lack of MetaTrader Platforms: Savexa does not offer the popular MetaTrader 4 or 5. Many seasoned brokers prefer using MetaTrader for their trades instead of WebTrader. 

  • Limited Advanced Strategies: The broker does not allow advanced strategies like scalping and arbitrage trading. Lack of MetaTrader further means copy trading and auto trading are absent as well. 

  • Withdrawal feeN/A
  • Deposit feeN/A
  • Max Leverage1:400
Trading.com
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  • Variety of Trading Instruments
  • WebTrader Platform
  • Simple Registration
Pros
  • Trading.com stands out for its competitive spreads, allowing traders to access markets at favorable pricing.

  • The platform offers user-friendly trading platforms, notably the MetaTrader 5 terminal, facilitating a smooth trading experience.

  • Traders can access a decent array of tradable instruments, including Forex, stocks, commodities, indices, metals, and energies.

Cons
  • Trading.com’s trading platform options are limited, offering only the MetaTrader 5 (MT5) platform for traders.

  • The platform’s educational resources are relatively limited, potentially leaving traders seeking more comprehensive learning materials.

  • Trading.com is exclusively available to clients within the United Kingdom, limiting its accessibility to a global audience.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:30
Markets.com
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  • Specialized trading accounts
Pros
  • Thorough Regulation and License: markets.com is licensed and regulated by 5 reputable watchdogs. This further strengthens the broker’s credibility as a financial service provider.

  • Markets.com is not your regular broker, with its blend and IPO offerings. These additional offerings put the broker in a league of its own.

  • Sleek Proprietary Trading Platform: Besides its MT4 and MT5 trading platforms, the broker has its own customized trading platforms, which excel in every regard as the more popular trading platforms.

Cons
  • Inactivity Charges: Traders must pay a fee of $10 per month after 90 days of no trading inactivity on markets.com.

  • No Customer Support Service on Weekends: Since trading is 24/7, it’s only ideal that the customer support service is also available 24/7 so clients can resolve their complaints quickly.

  • Withdrawal feeN/A
  • Deposit feeN/A
  • Max LeverageN/A

Besides the options for withdrawing and depositing funds with BTC, there are also other factors you should consider when looking for a broker. These factors include customer service, regulation, tradable assets, leverage, spreads, and trading platforms. 

Customer Service

Good customer service can save you from a lot of frustration and provide quick answers to your queries. When gauging customer service, you can look for things like, does the broker offer customer service during your usual trading hours? Is the customer service available in your preferred language? Or is the knowledge base section helpful enough when you try to find answers on your own? 

Regulation

A regulated broker is under a regulator’s oversight in many ways like the security of your funds, standards of operations, etc. It is highly advisable to opt for regulated brokers, especially Tier-1 regulated brokers as they have the most stringent regulatory frameworks.  

Tradable Assets

It is highly advisable to opt for BTC forex brokers that give you access to a variety of markets. This way, you can benefit from the opportunities that appear in other markets besides your usual tradable assets. For example, a forex trader can diversify their portfolio by exploring commodities, etc. 

Leverage

Leverage is a multiplier that allows you to amplify your investments with a multiplier. For example, if leverage is 1:200, it means you can control positions 200x bigger than your funds. The upside is that your profits can be much bigger, and the downside is that so can be your losses. 

Spread

A spread is a difference between ask price and the bid price. Think of them as fees your broker charges every time you place a trade. The lower the spreads, the lower will be your trading overhead. 

Trading Platform

The trading platform is the dashboard with graphs where you make trades. There are many different trading platforms like MetaTrader 4, MetaTrader 5, cTrader, NinjaTrader, TradingView, and proprietary trading platforms. Your charting tools and many trading features depend on your trading platform. Therefore, it is highly recommended to look into these platforms beforehand.