To help you to find the best online broker for crypto trading, we went ahead and did the research for you. First, we selected more than 57 quality online brokers, then we checked and compared their crypto offering, fees, trading platform, deposit and withdrawal and more. We went deep, so you won't have to.
5 made it to the top. We highly recommend all 5 to you. And now, without further ado...
Our top 5 picks for the best online brokers for crypto trading of 2019:
- eToro is the winner. Free stock and ETF trading in the EU. Seamless account opening. Social trading experience.
- XTB in the second place. Fast deposit and withdrawal. Fast and user-friendly account opening. Good research tools.
- AvaTrade rounded out the top three. Low trading fees. Easy and fast account opening. Free and multiple deposit and withdrawal options.
- IC Markets, numero quatro. Low fees. Easy and fast account opening. Free deposit and withdrawal.
- Plus500. Easy to use platform. Low spreads. Listed on Main Market section of the London Stock Exchange. Just made it to the list with being number five.
| Broker | Info | Fee score | |
|---|---|---|---|
| #1 | eToro | Global social trading broker | |
| #2 | XTB | Global CFD and FX broker | |
| #3 | AvaTrade | Global CFD and FX broker | |
| #4 | IC Markets | Australian forex broker | |
| #5 | Plus500 | Global CFD and FX broker |
All 5 brokers are considered safe. They are regulated by top-tier financial regulators.
What makes a good online broker for crypto trading? First, they need to offer a good amount of crypto currencies to trade with. Second, fair fees. It must also be easy to open an account from almost all over the world. Finally, we appreciated if a broker offers some extra features, like a crypto wallet. Easy to list, but hard to figure it out. We are testing brokers along ~100 criteria with real accounts and real money. We know what's up.
Not sure which broker? For a tailored recommendation, check out the broker finder tool. You can enter your country and it will show only the relevant brokers. Want more details? Compare brokers with this detailed comparison table.
Boring, but important stuff: All 5 broker's portfolio contains CFD products. They are complex and very risky, thus not suitable for everyone. You can easily lose all of your invested money. If you don't have clue what a CFD is, start with these CFD trading tips.
You can also read very useful information about the safety of the different crypto assets in our bitcoin article..
And now, let's see the best online brokers for crypto trading one by one, starting with the winner, eToro.
#1 Best online broker for crypto trading
eToro
4.5
5 stars
Best social trading
eToro is a well-known fintech startup, an Israeli social trading broker established in 2007. eToro serves UK clients by an FCA regulated entity and Australians by an Australian entity. All other customers are served by a Cypriot entity. eToro is not listed on any exchange, does not disclose its annual report on its site and does not have a bank parent. It is also one of the 5 best trading platforms for Europeans.
eToro is considered safe because it's UK arm is regulated by a top tier regulator and it is a well-known fintech startup.
eToro is a multi-asset platform which offers primarily CFDs, but you can also invest in stocks and crypto assets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
- Free stock and ETF trading in the EU
- Seamless account opening
- Social trading experience
- Poor customer service
- Trading platform outages
- Limited educational tools
Visit broker
66% of retail CFD accounts lose money
#1 eToro
Fees
4 stars
eToro offers free stock trading in Europe and has low fees for non-EU clients. On the negative side, the non-trading fees and financing rates are high.
- Free stock and ETF trading in the EU
- Low fees for non-EU clients
- Transparent fee structure
- High financing rate
- $25 withdrawal fee
- $10 monthly inactivity fee
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Inactivity fee | Yes | No | Yes | No | Yes |
| Withdrawal fee | $25 | $0 | $0 | $0 | $0 |
| Deposit fee | 0 | 0 | 0 | 0 | 0 |
More
Visit broker
66% of retail CFD accounts lose money
#1 eToro
Markets and products
3 stars
At eToro you can trade with CFDs and forex. There are also real stocks, ETFs, and many cryptos. It also offers innovative services, like social trading or CopyPortfolio.
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Cryptos (#) | 15 | 16 | 14 | 10 | 9 |
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Stock | Yes | Yes | No | No | No |
| ETF | Yes | Yes | No | No | No |
| Forex | Yes | Yes | Yes | Yes | Yes |
| Fund | No | No | No | No | No |
| Bond | No | No | No | No | No |
| Options | No | No | No | No | No |
| Futures | No | No | No | No | No |
| CFD | Yes | Yes | Yes | Yes | Yes |
More
Visit broker
66% of retail CFD accounts lose money
#1 eToro
Account opening
5 stars
Account opening is enjoyable and super fast.
- Fast
- No minimum deposit
- User-friendly
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Minimum deposit | $200 | $250 | $100 | $200 | $100 |
| Time to open account | 1 day | 1 day | 1 day | 1 day | 1 day |
More
Visit broker
66% of retail CFD accounts lose money
#1 eToro
Deposit and withdrawal
4 stars
It is easy to deposit with a lot of options, including credit cards. However, there is a withdrawal fee, and only USD accounts are available.
- Credit/Debit card available
- No deposit fee
- User-friendly
- High withdrawal fee
- Only one account base currency
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Bank Transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/Debit card | Yes | No | Yes | Yes | Yes |
| Electronic wallets | Yes | No | Yes | Yes | Yes |
| Withdrawal fee | $25 | $0 | $0 | $0 | $0 |
More
Visit broker
66% of retail CFD accounts lose money
#1 eToro
Web trading platform
4 stars
eToro’s web trading platform is nice looking and easy-to-use. Getting your fee report is a bit of a pain.
- User-friendly
- Modern design
- Social trading
- No clear fee report available
- Cannot be customized
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Web platform score | |||||
| Mobile platform score | |||||
| Desktop platform score | - | - | |||
| Can you set leverage manually? | Yes | No | No | Yes | No |
More
Visit broker
66% of retail CFD accounts lose money
#1 eToro
Verdict
When looking back, eToro was a bit unreliable in 2017 because of the huge demand for cryptos. It had problems in customer support and the platform sometimes froze. In our latest test eToro improved.
On the plus side, eToro has zero-commission stock trading in Europe. The account opening is really fast and seamless. It has also a lot of innovative features, like social trading.
It has some drawbacks though. Customer service was a letdown, the platform did not work on multiple occasions. Also, it has a tight product range which includes stocks and CFDs. Non-trading fees are high.
To sum up, we recommend eToro for social trading and cheap stock trading.
Risk disclaimer
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFD assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
Past performance is not an indication of future results.
More
Visit broker
66% of retail CFD accounts lose money
#2 Best online broker for crypto trading
XTB
4.5
5 stars
Best CFD broker
XTB is primarily a forex and CFD broker, while in some countries you can also trade with stocks. XTB is a global broker with more than ten offices worldwide. In Europe, it serves clients via the UK or a Polish entity. We tested the UK entity but will provide info on all entities.
XTB is listed on the Warsaw Stock Exchange. A listed company is more transparent, as it discloses its financials regularly. XTB is authorized and regulated by different regulators, including the UK FCA.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.
- Fast deposit and withdrawal
- Fast and user-friendly account opening
- Good research tools
- Limited product portfolio, mostly CFD and FX
- Sales team can be pushy
- No 24/7 customer support
Visit broker
76% of retail CFD accounts lose money
#2 XTB
Fees
4 stars
XTB has average trading fees and low non-trading fees.
- Low non-trading fees
- No withdrawal fee
- No inactivity fee
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Inactivity fee | Yes | No | Yes | No | Yes |
| Withdrawal fee | $25 | $0 | $0 | $0 | $0 |
| Deposit fee | 0 | 0 | 0 | 0 | 0 |
More
Visit broker
76% of retail CFD accounts lose money
#2 XTB
Markets and products
2 stars
UK residents, Hungarians and non-Europeans can trade only with CFDs and forex. All other Europeans can also trade with stocks and ETFs.
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Cryptos (#) | 15 | 16 | 14 | 10 | 9 |
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Stock | Yes | Yes | No | No | No |
| ETF | Yes | Yes | No | No | No |
| Forex | Yes | Yes | Yes | Yes | Yes |
| Fund | No | No | No | No | No |
| Bond | No | No | No | No | No |
| Options | No | No | No | No | No |
| Futures | No | No | No | No | No |
| CFD | Yes | Yes | Yes | Yes | Yes |
More
Visit broker
76% of retail CFD accounts lose money
#2 XTB
Account opening
5 stars
XTB account opening is hassle-free and straightforward. Your account is ready for trading on the same day. However, the sales team is very pushy.
- Fast
- Fully digital
- User-friendly
- Sales team pushy
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Minimum deposit | $200 | $250 | $100 | $200 | $100 |
| Time to open account | 1 day | 1 day | 1 day | 1 day | 1 day |
More
Visit broker
76% of retail CFD accounts lose money
#2 XTB
Deposit and withdrawal
5 stars
XTB's deposit and withdrawal are cost-friendly, fast, and can be done in several forms. Fees for electronic wallet deposits are quite high.
- Credit/Debit card available
- Quick deposit and withdrawal - within 3 days
- User-friendly
- High fees for electronic wallet deposits
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Bank Transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/Debit card | Yes | No | Yes | Yes | Yes |
| Electronic wallets | Yes | No | Yes | Yes | Yes |
| Withdrawal fee | $25 | $0 | $0 | $0 | $0 |
More
Visit broker
76% of retail CFD accounts lose money
#2 XTB
Web trading platform
4 stars
XTB's xStation 5 platform is user-friendly, can be customized and has a good search function. On the other hand, we missed the two-step login, the leverage setting option and the more sophisticated order types.
- User-friendly
- Good search function
- Good customizability (for charts, workspace)
- No two-step (safer) login
- Limited order types
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Web platform score | |||||
| Mobile platform score | |||||
| Desktop platform score | - | - | |||
| Can you set leverage manually? | Yes | No | No | Yes | No |
More
Visit broker
76% of retail CFD accounts lose money
#2 XTB
Verdict
XTB is a good broker. It is regulated by more than 10 authorities globally, including the UK FCA, and it is listed on the Warsaw Stock Exchange.
On the plus side, the deposit and withdrawal process is fast. We liked the seamless and hassle-free account opening. The research tools are easy-to-use.
XTB has some drawbacks though. Its product range is mainly limited to FX and CFDs, but there are stocks trading is also available in some countries. When opening the account the sales team can be pushy. We also missed the 24/7 customer support.
We recommend XTB for clients who prefer forex and CFD trading and are looking for fast account opening, cheap money withdrawal and great research tools. Feel free to test it via the demo account.
More
Visit broker
76% of retail CFD accounts lose money
Want to stay in the loop?
Sign up to get notifications about new Brokerchooser articles right into your mailbox.
#3 Best online broker for crypto trading
AvaTrade
4.3
4 stars
AvaTrade was founded in 2006 and it is a global CFD and FX broker. It is regulated by several financial authorities globally, including the top-tier Central Bank of Ireland Australian Securities and Investments Commission (ASIC).
AvaTrade is considered safe because it has a long track record and regulated by top-tier regulators.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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.
- Low trading fees
- Easy and fast account opening
- Free and multiple deposit and withdrawal options
- Only CFDs, forex, and cryptos offered
- Limited research tools
- Phone support does not pick up
Visit broker
71% of retail CFD accounts lose money
#3 AvaTrade
Fees
4 stars
AvaTrade has low trading fees and there is no withdrawal fee. On the negative side, it has high financing rates and charges high inactivity fee.
- Low trading fees
- No withdrawal fee
- Inactivity fee
- High financing rate
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Inactivity fee | Yes | No | Yes | No | Yes |
| Withdrawal fee | $25 | $0 | $0 | $0 | $0 |
| Deposit fee | 0 | 0 | 0 | 0 | 0 |
More
Visit broker
71% of retail CFD accounts lose money
#3 AvaTrade
Markets and products
1 stars
At AvaTrade, you can trade only with CFDs, forex, and cryptos. It doesn't offer real stocks, ETFs, mutual funds, bonds, options, and futures.
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Cryptos (#) | 15 | 16 | 14 | 10 | 9 |
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Stock | Yes | Yes | No | No | No |
| ETF | Yes | Yes | No | No | No |
| Forex | Yes | Yes | Yes | Yes | Yes |
| Fund | No | No | No | No | No |
| Bond | No | No | No | No | No |
| Options | No | No | No | No | No |
| Futures | No | No | No | No | No |
| CFD | Yes | Yes | Yes | Yes | Yes |
More
Visit broker
71% of retail CFD accounts lose money
#3 AvaTrade
Account opening
5 stars
Account opening at AvaTrade is super easy and fully online. You can start trading literally in minutes.
- Fast
- Fully digital
- User-friendly
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Minimum deposit | $200 | $250 | $100 | $200 | $100 |
| Time to open account | 1 day | 1 day | 1 day | 1 day | 1 day |
More
Visit broker
71% of retail CFD accounts lose money
#3 AvaTrade
Deposit and withdrawal
5 stars
AvaTrade deposit and withdrawal are cost-friendly and can be done in several forms. However, the withdrawal took more than 3 business days.
- Credit/Debit card available
- Free withdrawal
- No deposit fee
- Slow withdrawal - over 3 days
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Bank Transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/Debit card | Yes | No | Yes | Yes | Yes |
| Electronic wallets | Yes | No | Yes | Yes | Yes |
| Withdrawal fee | $25 | $0 | $0 | $0 | $0 |
More
Visit broker
71% of retail CFD accounts lose money
#3 AvaTrade
Web trading platform
3 stars
AvaTrade's web trading platform is provided by MetaTrader. It is highly customizable, available in a lot of languages, and has a clear fee report. On the negative side, it lacks a two-step login and the design is outdated.
- Clear fee report
- Good customizability (for charts, workspace)
- Order confirmation
- Available in several languages
- No two-step (safer) login
- No price alerts
- Poor design
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Web platform score | |||||
| Mobile platform score | |||||
| Desktop platform score | - | - | |||
| Can you set leverage manually? | Yes | No | No | Yes | No |
More
Visit broker
71% of retail CFD accounts lose money
#3 AvaTrade
Verdict
AvaTrade is regulated by more authorities globally, including the top-tier Central Bank of Ireland and Australian Securities and Investments Commission (ASIC).
On the plus side, the trading fees are low. We liked the seamless and hassle-free account opening. You can use a lot of deposit and withdrawal options and they are free of charge.
AvaTrade has some drawbacks though. The product range is limited to FX, CFDs, and cryptos. The research tools lack recommendations, fundamental data, and news. The telephone support is impossible to reach out.
As the trading fees are low, there is only a small minimum deposit, and inactivity fee only kicks in after three months, feel free to try AvaTrade.
More
Visit broker
71% of retail CFD accounts lose money
#4 Best online broker for crypto trading
IC Markets
4.5
5 stars
IC Markets is an Australian forex broker offering some CFDs too. It was founded in 2007.
IC Markets is considered safe because it is regulated by the top-tier Australian regulator, the Australian Securities and Investments Commission (ASIC).
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Low fees
- Easy and fast account opening
- Free deposit and withdrawal
- No investor protection
- No negative balance protection
- Only forex, CFD, and crypto trading is provided
Visit broker
74-89% of retail CFD accounts lose money
#4 IC Markets
Fees
5 stars
IC Markets has low trading and non-trading fees.
- Low trading fees
- Low non-trading fees
- No withdrawal fee
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Inactivity fee | Yes | No | Yes | No | Yes |
| Withdrawal fee | $25 | $0 | $0 | $0 | $0 |
| Deposit fee | 0 | 0 | 0 | 0 | 0 |
More
Visit broker
74-89% of retail CFD accounts lose money
#4 IC Markets
Markets and products
1 stars
At IC Markets, you can trade only forex, some CFDs, and cryptos. It lacks real stock, fund, bonds, options, and futures asset classes.
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Cryptos (#) | 15 | 16 | 14 | 10 | 9 |
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Stock | Yes | Yes | No | No | No |
| ETF | Yes | Yes | No | No | No |
| Forex | Yes | Yes | Yes | Yes | Yes |
| Fund | No | No | No | No | No |
| Bond | No | No | No | No | No |
| Options | No | No | No | No | No |
| Futures | No | No | No | No | No |
| CFD | Yes | Yes | Yes | Yes | Yes |
More
Visit broker
74-89% of retail CFD accounts lose money
#4 IC Markets
Account opening
5 stars
The account opening at IC Markets is user-friendly and fully digital. It was also very fast, it took only 1 day until our account was approved.
- Fast
- Fully digital
- User-friendly
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Minimum deposit | $200 | $250 | $100 | $200 | $100 |
| Time to open account | 1 day | 1 day | 1 day | 1 day | 1 day |
More
Visit broker
74-89% of retail CFD accounts lose money
#4 IC Markets
Deposit and withdrawal
5 stars
IC Markets does great at deposit and withdrawal. There are no fees for deposit and withdrawal. You can also use a lot of options for transferring money.
- Credit/Debit card available
- Free withdrawal
- User-friendly
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Bank Transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/Debit card | Yes | No | Yes | Yes | Yes |
| Electronic wallets | Yes | No | Yes | Yes | Yes |
| Withdrawal fee | $25 | $0 | $0 | $0 | $0 |
More
Visit broker
74-89% of retail CFD accounts lose money
#4 IC Markets
Web trading platform
4 stars
IC Markets offers only third-party trading platforms. We tested cTrader which is a great platform. It is well designed and user-friendly. On the flip side, it lacks the two-step login.
- User-friendly
- Good search function
- Good customizability (for charts, workspace)
- No two-step (safer) login
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Web platform score | |||||
| Mobile platform score | |||||
| Desktop platform score | - | - | |||
| Can you set leverage manually? | Yes | No | No | Yes | No |
More
Visit broker
74-89% of retail CFD accounts lose money
#4 IC Markets
Verdict
IC Markets is a great forex and CFD broker.
Its fees are very low and the account opening is fast and easy. The deposit and withdrawal are free and user-friendly.
On the other hand, IC Markets offers only forex, CFD and crypto trading. It does not provide any investor and negative balance protection.
Feel free to try IC markets as you will have an account within a day and there is no inactivity fee.
More
Visit broker
74-89% of retail CFD accounts lose money
#5 Best online broker for crypto trading
Plus500
4.4
4 stars
Plus500 is a CFD broker, established in Israel. It is listed on the Main Market of the London Stock Exchange. Plus500 subsidiaries are authorized and regulated by different regulators, including top-tier regulators like the FCA from the UK.
Plus500 is considered safe because it is listed on a stock exchange, discloses its financials, and is regulated by top-tier regulators.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% 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.
Daytraders!: At Plus500 scalping is defined as "A trading strategy where a significant portion of the customer's positions are opened and closed by him/her within 2 minutes." If Plus500 believes you were following this strategy, your account might be blocked and closed. Therefore, if you plan to execute trades within 2 minutes, Plus500 is not your broker
- Easy to use platform
- Low spreads
- Listed on Main Market section of the London Stock Exchange
- Limited product portfolio, only CFDs
- High financing rates
- Minimal research tools
Visit broker
76.4% of retail CFD accounts lose money
#5 Plus500
Fees
4 stars
Plus500 has low trading fees and average non-trading fees. Financing rates are very high.
- Low trading fees
- No withdrawal fee
- Inactivity fee
- High financing rate
- Financing rate calculation is non-transparent
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Inactivity fee | Yes | No | Yes | No | Yes |
| Withdrawal fee | $25 | $0 | $0 | $0 | $0 |
| Deposit fee | 0 | 0 | 0 | 0 | 0 |
More
Visit broker
76.4% of retail CFD accounts lose money
#5 Plus500
Markets and products
2 stars
At Plus500 you can trade only with CFDs and forex. There are a lot CFDs, you can choose from almost 2,000.
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Cryptos (#) | 15 | 16 | 14 | 10 | 9 |
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Stock | Yes | Yes | No | No | No |
| ETF | Yes | Yes | No | No | No |
| Forex | Yes | Yes | Yes | Yes | Yes |
| Fund | No | No | No | No | No |
| Bond | No | No | No | No | No |
| Options | No | No | No | No | No |
| Futures | No | No | No | No | No |
| CFD | Yes | Yes | Yes | Yes | Yes |
More
Visit broker
76.4% of retail CFD accounts lose money
#5 Plus500
Account opening
5 stars
Plus500 account opening is seamless, fast and fully digital. You can open your trading account within a day.
- Fast
- Fully digital
- User-friendly
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Minimum deposit | $200 | $250 | $100 | $200 | $100 |
| Time to open account | 1 day | 1 day | 1 day | 1 day | 1 day |
More
Visit broker
76.4% of retail CFD accounts lose money
#5 Plus500
Deposit and withdrawal
5 stars
Plus500's deposit and withdrawal are both great. You have many options, the process is easy-to-do and usually free of charge.
- Credit/Debit card available
- No deposit fee
- User-friendly
- Five withdrawal per month is free
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Bank Transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/Debit card | Yes | No | Yes | Yes | Yes |
| Electronic wallets | Yes | No | Yes | Yes | Yes |
| Withdrawal fee | $25 | $0 | $0 | $0 | $0 |
More
Visit broker
76.4% of retail CFD accounts lose money
#5 Plus500
Web trading platform
4 stars
Plus500 trading platform is very easy-to-use and also looks great. On the flip side, it cannot be customized.
- User-friendly
- Two-step (safer) login
- Good search function
- Available in several languages
- Limited customizability (for charts, workspace)
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Web platform score | |||||
| Mobile platform score | |||||
| Desktop platform score | - | - | |||
| Can you set leverage manually? | Yes | No | No | Yes | No |
More
Visit broker
76.4% of retail CFD accounts lose money
#5 Plus500
Verdict
Plus500 is a good broker. It is for traders aware of the risks of CFD trading.
Is plus 500 safe? It is considered safe because it is listed on the London Stock Exchange and regulated by the FCA. If you are not from the UK, you will be most likely served by Plus500 Cyprus, and hence the Cypriot investor protection will apply.
Daytraders! At Plus500 scalping is defined as "A trading strategy where a significant portion of the customer's positions are opened and closed by him/her within 2 minutes." If Plus500 believes you were following this strategy, your account might be blocked and closed. So if you plan to execute trades within 2 minutes, Plus500 is not your broker.
On the bright side, Plus500 platform is easy-to-use with a great user experience. Even the first time user can navigate the app with ease. Spreads are competitive, but there are really high financing rates. Therefore, fees can be really high. For this fee level, some research tools would have been nice.
As there is no minimum balance, no withdrawal fee above $100, withdrawal and inactivity fee only kicks in after three months, feel free to try it out.
More
Visit broker
76.4% of retail CFD accounts lose money
Best online brokers for crypto trading
Bottom line
You saw the details, now let's zoom out. Here are the best online brokers for trading crytos in 2019:
| eToro | XTB | AvaTrade | IC Markets | Plus500 | |
|---|---|---|---|---|---|
| Overall score | 4.5 | 4.5 | 4.3 | 4.5 | 4.4 |
| Award | Best social trading | Best CFD broker | |||
| Fees score | |||||
| Account opening score | |||||
| Deposit and withdrawal score | |||||
| Markets and products score | |||||
| Web platform score | |||||
|
Visit broker
66% of retail CFD accounts lose money |
Visit broker
76% of retail CFD accounts lose money |
Visit broker
71% of retail CFD accounts lose money |
Visit broker
74-89% of retail CFD accounts lose money |
Visit broker
76.4% of retail CFD accounts lose money |
eToro is our winner, the best broker for cryptos in 2019. Free stock and ETF trading in the EU. Seamless account opening. Social trading experience
All are considered safe, and a great choice. Pick the winner, or any runner-up and take the next step in your crypto trading journey. Let us know what you think in the comment section.
Still unsure? Use the broker finder and find the best crypto broker for you or learn more about investing your money.
