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Best crypto brokers in 2023

Find below the best crypto brokers available in the United States, updated for 2023:
  1. TradeStation is the best crypto broker in 2023. - Great web and mobile trading platform. Low trading fees. High-quality research and education tools.
  2. eToro - Free stock and ETF trading. Seamless account opening. Social trading.
  3. Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.
  4. 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.
  5. Webull - Free stock, ETF and options trading. Fast and easy account opening. Great trading platforms.
  6. tastytrade - Low trading fees. Great educational materials. Good research tools.
  7. Firstrade - Free stock, ETF, fund and options trading. Solid research tools. Quality educational tools.
  8. SoFi Invest - Free stocks and ETFs. Fast and fully digital account opening. Great customer support.
  9. SogoTrade - Low trading fees. Quick and easy account opening. Great customer service.
  10. Zacks Trade - Low fees. Extensive stock and ETF selection. Great customer service.
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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)
-
Best crypto brokers key data compiled for June 2023

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
Service fees at the top crypto brokers in June 2023

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
Other available assets at crypto brokers in June 2023
TradeStation Logo

#1 Best crypto broker
TradeStation

Recommended for traders focusing on us markets and buy-and-hold investing

Visit broker

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.

eToro Logo

#2 Best crypto broker
eToro

Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading

Visit broker
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal

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.

Alpaca Trading Logo

#3 Best crypto broker
Alpaca Trading

Recommended for traders interested in algorithmic stock trading

Visit broker

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.

Interactive Brokers Logo

#4 Best crypto broker
Interactive Brokers

Recommended for traders looking for broad market access and a professional trading environment

Visit broker

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.

Webull Logo

#5 Best crypto broker
Webull

Recommended for investors and traders looking for zero-commission trading and easy platforms

Visit broker

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.

tastytrade Logo

#6 Best crypto broker
tastytrade

Recommended for options and futures traders focusing on us markets

Visit broker

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.

Firstrade Logo

#7 Best crypto broker
Firstrade

Recommended for beginners and investors looking for zero-commission trading, focusing on the us market

Visit broker

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.

SoFi Invest Logo

#8 Best crypto broker
SoFi Invest

Recommended for beginners and investors looking for zero-commission trading, focusing on the us market

Visit broker

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.

SogoTrade Logo

#9 Best crypto broker
SogoTrade

Recommended for stock and options traders with a us focus who value great customer service

Visit broker

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.

Zacks Trade Logo

#10 Best crypto broker
Zacks Trade

Recommended for traders and investors looking for comprehensive research tools, a wide product selection and low fees

Visit broker

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,
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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:

  1. TradeStation - Great web and mobile trading platform. Low trading fees. High-quality research and education tools.
  2. eToro - Free stock and ETF trading. Seamless account opening. Social trading.
  3. Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.
  4. 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.
  5. Webull - Free stock, ETF and options trading. Fast and easy account opening. Great trading platforms.
  6. tastytrade - Low trading fees. Great educational materials. Good research tools.
  7. Firstrade - Free stock, ETF, fund and options trading. Solid research tools. Quality educational tools.
  8. SoFi Invest - Free stocks and ETFs. Fast and fully digital account opening. Great customer support.
  9. SogoTrade - Low trading fees. Quick and easy account opening. Great customer service.
  10. 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:

Author of this article

Adam Nasli

Author of this article

Adam is a motivated finance expert. He is one of the first hires at BrokerChooser and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Adam Nasli

Analyst Head

Adam is a motivated finance expert. He is one of the first hires at BrokerChooser and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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