Intro and winners
Find below the best crypto brokers available in the United States, updated for 2023:
- TradeStation is the best crypto broker in 2023. - Great web and mobile trading platform. Low trading fees. High-quality research and education tools.
- eToro - Free stock and ETF trading. Seamless account opening. Social trading.
- Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.
- Interactive Brokers - Low trading fees and high interest (up to 4.58% for USD) on cash balances. Wide range of products. Many great research tools.
- Webull - Free stock, ETF and options trading. Fast and easy account opening. Great trading platforms.
- tastytrade - Low trading fees. Great educational materials. Good research tools.
- Firstrade - Free stock, ETF, fund and options trading. Solid research tools. Quality educational tools.
- SoFi Invest - Free stocks and ETFs. Fast and fully digital account opening. Great customer support.
- SogoTrade - Low trading fees. Quick and easy account opening. Great customer service.
- Zacks Trade - Low fees. Extensive stock and ETF selection. Great customer service.
Best crypto brokers
Key features of the best crypto brokers
While many online crypto brokers and crypto trading platforms offer an excellent service, the ones in our toplist go the extra mile.
| Broker | Spot crypto fee | Cryptos (#) |
|---|---|---|
| TradeStation | $5.5 $2 + 0.35% of trade value | 11 |
| eToro | $10 1% of trade value | 76 |
| Alpaca Trading | $2.50 0.25% of trade value | 34 |
| Interactive Brokers | $1.75 0.12% to 0.18% of trade value with a USD 1.75 minimum per order (but the minimum is subject to a cap of 1% of trade value) | 4 |
| Webull | $10 1% of trade value | 62 |
| tastytrade | $10 1% of trade value | 25 |
| Firstrade | $10.00 1% of trade value | 38 |
| SoFi Invest | $12.5 1.25% of trade value | 30 |
| SogoTrade | $10 $1 or 1% of trade value | 7 |
| Zacks Trade | $1.75 0.12% to 0.18% of trade value with a USD 1.75 minimum per order (but the minimum is subject to a cap of 1% of trade value) | - |
Popularity of the best crypto brokers
Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.
Best crypto brokers
Service fees at the top crypto brokers
Service or non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.
| Broker | Account fee | Inactivity fee |
|---|---|---|
| TradeStation | No account fee | $50 per year if your balance is less than $2,000 or if you make less than 5 trades per year |
| eToro | No account fee | $10 per month after one year inactivity. Inactivity means that you don't log in to your account |
| Alpaca Trading | No account fee | No inactivity fee |
| Interactive Brokers | No account fee | No inactivity fee |
| Webull | No account fee | No inactivity fee |
| tastytrade | No account fee | No inactivity fee |
| Firstrade | No account fee | No inactivity fee |
| SoFi Invest | No account fee | No inactivity fee |
| SogoTrade | No account fee | No inactivity fee |
| Zacks Trade | No account fee | $15 per month, but waived for account balances above $25,000 |
Best crypto brokers
Product selection at the top brokers for cryptocurrency trading
The following table includes the various assets users can trade at these online brokers in addition to crypto.
| Broker | Stocks | ETFs |
|---|---|---|
| TradeStation | US only | |
| eToro | ||
| Alpaca Trading | only US stock exchanges | only US |
| Interactive Brokers | ||
| Webull | ||
| tastytrade | Only US | |
| Firstrade | NYSE ; AMEX, the Nasdaq Stock Market, or the Over-the-Counter (OTC) markets such as the OTC Bulletin Board or Pink Sheets | |
| SoFi Invest | ||
| SogoTrade | ||
| Zacks Trade | Global | Global |
#1 Best crypto broker
TradeStation
Recommended for traders focusing on us markets and buy-and-hold investing
| TradeStation snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 4.8 stars |
| Deposit methods | Bank transfer |
| Withdrawal methods | Bank transfer |
For a detailed analysis of TradeStation services, check out our full review for 2023.
#2 Best crypto broker
eToro
Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading
| eToro snapshot | |
|---|---|
| Minimum deposit | $10 |
| Mobile app score | 4.9 stars |
| Deposit methods | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, China UnionPay, Klarna, POLi, iDEAL |
| Withdrawal methods | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, China UnionPay, Klarna, POLi, iDEAL |
For a detailed analysis of eToro services, check out our full review for 2023.
#3 Best crypto broker
Alpaca Trading
Recommended for traders interested in algorithmic stock trading
| Alpaca Trading snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 4.2 stars |
| Deposit methods | Bank transfer |
| Withdrawal methods | Bank transfer |
For a detailed analysis of Alpaca Trading services, check out our full review for 2023.
#4 Best crypto broker
Interactive Brokers
Recommended for traders looking for broad market access and a professional trading environment
| Interactive Brokers snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 3.5 stars |
| Deposit methods | Bank transfer |
| Withdrawal methods | Bank transfer |
For a detailed analysis of Interactive Brokers services, check out our full review for 2023.
#5 Best crypto broker
Webull
Recommended for investors and traders looking for zero-commission trading and easy platforms
| Webull snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 5.0 stars |
| Deposit methods | Bank transfer |
| Withdrawal methods | Bank transfer |
For a detailed analysis of Webull services, check out our full review for 2023.
#6 Best crypto broker
tastytrade
Recommended for options and futures traders focusing on us markets
| tastytrade snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 4.2 stars |
| Deposit methods | Bank transfer |
| Withdrawal methods | Bank transfer |
For a detailed analysis of tastytrade services, check out our full review for 2023.
#7 Best crypto broker
Firstrade
Recommended for beginners and investors looking for zero-commission trading, focusing on the us market
| Firstrade snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 3.8 stars |
| Deposit methods | Bank transfer |
| Withdrawal methods | Bank transfer |
For a detailed analysis of Firstrade services, check out our full review for 2023.
#8 Best crypto broker
SoFi Invest
Recommended for beginners and investors looking for zero-commission trading, focusing on the us market
| SoFi Invest snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 4.5 stars |
| Deposit methods | Bank transfer |
| Withdrawal methods | Bank transfer |
For a detailed analysis of SoFi Invest services, check out our full review for 2023.
#9 Best crypto broker
SogoTrade
Recommended for stock and options traders with a us focus who value great customer service
| SogoTrade snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 3.5 stars |
| Deposit methods | Bank transfer |
| Withdrawal methods | Bank transfer |
For a detailed analysis of SogoTrade services, check out our full review for 2023.
#10 Best crypto broker
Zacks Trade
Recommended for traders and investors looking for comprehensive research tools, a wide product selection and low fees
| Zacks Trade snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 3.5 stars |
| Deposit methods | Bank transfer |
| Withdrawal methods | Bank transfer |
For a detailed analysis of Zacks Trade services, check out our full review for 2023.
Best crypto brokers
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Best crypto brokers
How did BrokerChooser pick the best crypto brokers?
How did BrokerChooser pick the best crypto brokers?
- We checked whether the broker is regulated by a trusted regulator,
- Compared crypto fees (including spreads, withdrawal fee, etc.),
- Checked the availability of real crypto coins and their trading fees,
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.
Best crypto brokers
FAQ
What is crypto trading?
Although the ideas and principles behind cryptocurrencies have been around for decades, it was the 2008-09 financial crisis that sparked the creation of cryptocurrencies. These digital assets cut out intermediaries such as banks and governments, which had been seen as part of the problem by some after the crisis.
While Bitcoin is by far the most popular crypto, in fact, there are thousands of cryptocurrencies in circulation. Their appeal is the huge swings in prices, which holds the promise of making hefty profits virtually overnight.
Nevertheless, cryptocurrencies are extra risky, their regulation is patchy, the market is extremely volatile, consumer protection is very weak, and security breaches, scams and frauds abound in the market. Only invest money in cryptocurrencies that you are prepared to lose.
To better understand cryptocurrencies and the risks involved, read this article on crypto trading tips compiled by our team of experts.
If you want to buy and sell cryptocurrencies, you have several options. Traditional brokers offer a wide selection of investment products, but most only offer crypto trading in the form of futures. In this list we selected brokers, that provide access to the underlying coins.
Crypto exchanges like Binance or Coinbase only have digital currencies in their product portfolio. Alternative service providers such as Cash App and PayPal have also jumped on the crypto wagon and offer cryptocurrencies to U.S. users.
An increasing number of online brokers allow investing in cryptocurrencies and we selected the best such service providers.
Which crypto broker is best?
These are the top crypto brokers in the world in 2023:
- TradeStation - Great web and mobile trading platform. Low trading fees. High-quality research and education tools.
- eToro - Free stock and ETF trading. Seamless account opening. Social trading.
- Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.
- Interactive Brokers - Low trading fees and high interest (up to 4.58% for USD) on cash balances. Wide range of products. Many great research tools.
- Webull - Free stock, ETF and options trading. Fast and easy account opening. Great trading platforms.
- tastytrade - Low trading fees. Great educational materials. Good research tools.
- Firstrade - Free stock, ETF, fund and options trading. Solid research tools. Quality educational tools.
- SoFi Invest - Free stocks and ETFs. Fast and fully digital account opening. Great customer support.
- SogoTrade - Low trading fees. Quick and easy account opening. Great customer service.
- Zacks Trade - Low fees. Extensive stock and ETF selection. Great customer service.
Is Binance better than Coinbase?
Binance has advanced trading platforms, as well as the lowest fees and the widest product selection among crypto exchanges reviewed by BrokerChooser's experts. In addition to spot trading, it offers users derivatives trading, staking and a crypto debit card. Be careful as Binance's legal structure is opaque. It operates outside developed markets, under Hong Kong law.
Coinbase has a solid corporate background and it's listed on the NASDAQ, but its trading fees are really high and its crypto coin selection is limited. The exchange offers an easy-to-use trading platform and high quality education materials.
If your primary concern is fees, Binance is probably a better option. If, however, you want a service provider with a more regulated background, Coinbase is a better choice.
Can I start investing in Bitcoin with $10?
Yes, you can start investing in Bitcoin with $10. It's probably a good idea to start trading Bitcoin or any other cryptocurrency with a smaller amount and once you get more familiar with the coins and the crypto world, you may increase the funds you invest. Don't forget that crypto investments are extremely risky, the coins are highly volatile and most traders lose a large percentage of their investment.
Want to understand crypto trading in more detail?
Check out these articles written by our broker and trading experts:
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