We will be exploring some of the best Forex brokers that accept bitcoin deposits and withdrawals in this article, kindly read through.
While many forex brokers allow Bitcoin trading, only a few brokers accept Bitcoin deposits.
Choosing a bitcoin forex broker entails considering various characteristics, including location, order book volume, transparency, trading fees, and deposit and withdrawal limits.
Another important thing to consider to starting bitcoin trading through a broker is to inspect the payment methods.
List of the 10 Best Forex Brokers that Accept Bitcoin Deposit and Withdrawal
Our forex brokers are recommended based on our service, offering, and security research.
#1. SimpleFX
SimpleFX has a user-friendly platform that guarantees secure and fast transfers. The platform features an accommodating API manager and does not require minimum withdrawals or deposits.
This broker offers bitcoin trading and is one of the best forex brokers that accept bitcoin deposits and withdrawals. It even allows Bitcoin CFDs as the user’s option, giving more effective trading tools.
It was established in 2014, offering its customers the opportunity to use Bitcoins in investing in the Forex Market.
One of the main advantages of this forex broker is its capability to enable traders with a small amount to trade via high volumes.
It’s called leverage, where traders don’t need to trade their whole capital since a small portion of the whole amount is already sufficient for trading.
#2. eToro
This broker is one of the best forex brokers that accept deposits and withdrawals; it was established in 2007 and is one of the largest trading companies which operates in global financial markets.
One unique feature of eToro is its ability to mimic a trader, and this means one can copy the trades of someone with whom you have confidence.
It is also one of the great copy and cryptocurrency trading companies with a user-friendly platform and mobile application ideal for casual investors.
Suppose you feel uncertain about using eToro as your Bitcoin Forex broker; it has a demo account where you can take advantage to check experience on how the platform works and ensure it offers all your needed trading requirements.
With eToro, one can withdraw and deposit using Skrill, PayPal, WebMoney, Neteller, bank transfers, and credit cards, among others.
- Min $200 Deposit
- Regulated By: FCA, ASIC, CySEC
- Headquarters: London, United Kingdom
#3. Moneta Markets
This broker allows traders access to daily training signals, a wide range of educational and research materials, uncapped deposit bonuses, and trading tools for all customers to boost their edge over other traders.
This broker is a regulated CFD and Forex broker that provides access to a wide range of the most famous Forex pairs, Share CFDs, Crypto CFDs, and Commodities of many of the largest brokers in the world, everything at the lowest possible cost.
It has some of the lowest spreads in the trading industry. This allows customers to open account minutes and deposits using over twenty cryptocurrencies.
Traders can decide to trade from over 300 CFD markets via Moneta Markets’ WebTrader, MetaTrader 4, and MetaTrader 5 platforms.
#4. Plus500
Plus500 is one of the more known and best forex brokers that accept bitcoin deposits and withdrawals in the industry. The broker offers a robust and powerful Bitcoin CFD trading platform.
Those who use this Plus500 platform can take advantage of several risk management tools that can be convenient for traders in the long run.
With several subsidiaries globally and having global traders, Plus500 is translated into 32 different languages.
It also permits withdrawals and deposits using many payment options, including Skrill, PayPal, bank transfers, and credit cards.
- Min $100 Deposit
- Regulated By: ASIC, FMA, FCSA FCA, CySEC, MAS, FSA
#5. HotForex
This global CFD forex broker offers a wide range of trading products such as Forex, commodities, indices, shares, bonds, and ETFs. However, it stopped offering crypto CFDs recently.
Nigerian traders will be trading via St Vincent and Grenadines licensed subsidiary, as there is no local Nigerian regulator currently.
- Min. Deposit: USD 5
- Regulated By: CySEC, FCA, DFSA, FSC
- Trading Cost: USD 10
- Max. Leverage: 1000:1
- Platforms:MT4, MT5
- Instruments: Cryptocurrencies, Forex, Metals, Energies, Indices, Stock CFDs, Commodities, Bonds, ETFs
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#6. OctaFX
This is A well-regulated STP broker; OctaFX offers trading on a limited number of financial assets compared to several other brokers, including 32 Forex pairs, five commodities, 10 indices, and 30 cryptocurrencies.
- Min. Deposit: USD 100
- Regulated By:CySEC, Fi, FSA-St-Vincent
- Trading Cost: USD 11
- Max. Leverage:500:1
- Platforms:MT4, MT5
- Instruments: Forex, Indices, Commodities, Metals, Cryptocurrencies
#7. FXTM
FXTM is an award-winning market maker/ECN broker offering to trade on Forex, commodities, metals, stocks, and indices.
The broker trading costs are higher than average on its two commission-free accounts, having spreads beginning at 1.5 pips on the EUR/USD.
However, the broker trading conditions improve significantly on the Advantage Account, with spreads starting from 0 pips on the EUR/USD in exchange for a reasonable commission but a high minimum deposit of 500 USD.
The broker also charges high non-trading fees, including commissions on most withdrawal methods.
- Min. Deposit: USD 10
- Regulated By: CySEC, FCA, FSCA, FSC
- Trading Cost: USD 15
- Max. Leverage: 2000:1
- Platforms:MT4, MT5
- Instruments: Forex, Metals, Indices, Stock CFDs, Commodities
#8. BDSwiss
This broker was founded in 2012, is one of the best forex brokers that accept bitcoin deposits and withdrawals, and is a responsible and well-regulated broker with a large international customer base.
The broker offers trading on multiple instruments, such as Forex, commodities, shares, indices, and over 26 cryptocurrencies.
- Min. Deposit: USD 10
- Regulated By:CySEC, FSC, FSA-Seychelles
- Trading Cost: USD 15
- Max. Leverage: 30:1
- Platforms:MT4, MT5
- Instruments: Forex, Stock CFDs, Indices, Commodities, Cryptocurrencies
#9. AvaTrade
This is another platform that allows virtual currency trading. It was established in 2006, and AvaTrade provides customers with short and long positions.
Like most brokers, one has the luxury of having a demo account to test the platform and its features before using it entirely.
Besides the virtual currency trading AvaTrade offers, traders can benefit from a wide range of several learning materials and various forex reviews. It also allows different payment options for traders to use.
- Min $100 Deposit
- Regulated By: ASIC, CBI, BVI, FSCA, IIROC, FFAJ, JFSA, ADGM FRSA
#10. CM Trading
CM Trading is a market maker broker with high ongoing trading costs and also high minimum deposits compared to other brokers operating in Nigeria.
CM Trading broker offers six trading accounts, including 2 ECN accounts, and it offers trading on several instruments, including Forex, indices, cryptocurrencies, commodities, oil, and metals.
- Min. Deposit: USD 100
- Regulated By: FSCA, FSA-Seychelles
- Trading Cost: USD 15
- Max. Leverage: 200:1
- Platforms: MT4, Sirix
- Instruments: Forex, Metals, Commodities, Indices, Stock CFDs, Cryptocurrencies
How to Transfer Bitcoin to a Broker
Just like sending money from bank to bank, but with cryptocurrency, you need to send it from one broker address to the other broker address.
Sending bitcoin to a broker is as easy as choosing the amount to send and deciding where to send it.
One way to send bitcoin to a broker is to simply copy the recipient’s address to your clipboard and then paste it into the send field of the Bitcoin wallet app you are using. Bitcoin addresses can be displayed in QR code format also.
Let’s have your view on the best forex brokers with bitcoin deposits and withdrawals discussed in this article in the comment section below.
Watch the video below to know the forex brokers that accept Bitcoin deposit and withdrawal:
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