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Best online brokers for crypto trading in 2019

Jul 2019
Our top 2 crypto broker picks
eToro
66% of retail CFD accounts lose money
XTB
76% of retail CFD accounts lose money

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:

  1. eToro is the winner. Free stock and ETF trading in the EU. Seamless account opening. Social trading experience.
  2. XTB in the second place. Fast deposit and withdrawal. Fast and user-friendly account opening. Good research tools.
  3. AvaTrade rounded out the top three. Low trading fees. Easy and fast account opening. Free and multiple deposit and withdrawal options.
  4. IC Markets, numero quatro. Low fees. Easy and fast account opening. Free deposit and withdrawal.
  5. 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.
Best online brokers for crypto trading in 2019
Broker Info Fee score
#1 eToro Global social trading broker 4 stars
#2 XTB Global CFD and FX broker 4 stars
#3 AvaTrade Global CFD and FX broker 4 stars
#4 IC Markets Australian forex broker 5 stars
#5 Plus500 Global CFD and FX broker 4 stars

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 logo

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.

Pros
  • Free stock and ETF trading in the EU
  • Seamless account opening
  • Social trading experience
Cons
  • Poor customer service
  • Trading platform outages
  • Limited educational tools

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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.
Pros
  • Free stock and ETF trading in the EU
  • Low fees for non-EU clients
  • Transparent fee structure
Cons
  • High financing rate
  • $25 withdrawal fee
  • $10 monthly inactivity fee
eToro fees
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

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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 number of cryptos offered
eToro XTB AvaTrade IC Markets Plus500
Cryptos (#) 15 16 14 10 9
eToro other asset offering, beside cryptos
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

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66% of retail CFD accounts lose money

#1 eToro
Account opening 5 stars

Account opening is enjoyable and super fast.
Pros
  • Fast
  • No minimum deposit
  • User-friendly
Cons
None
eToro minimum deposit and time to open an account
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.
Pros
  • Credit/Debit card available
  • No deposit fee
  • User-friendly
Cons
  • High withdrawal fee
  • Only one account base currency
eToro withdrawal fee and options
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.
Pros
  • User-friendly
  • Modern design
  • Social trading
Cons
  • No clear fee report available
  • Cannot be customized
Best online brokers for crypto trading - eToro trading platform
eToro trading platforms
eToro XTB AvaTrade IC Markets Plus500
Web platform score 4 stars 4 stars 3 stars 4 stars 4 stars
Mobile platform score 5 stars 4 stars 4 stars 4 stars 5 stars
Desktop platform score - 4 stars 3 stars 4 stars -
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.

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66% of retail CFD accounts lose money

#2 Best online broker for crypto trading
XTB

4.5 5 stars

Best CFD broker

XTB logo

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.

Pros
  • Fast deposit and withdrawal
  • Fast and user-friendly account opening
  • Good research tools
Cons
  • Limited product portfolio, mostly CFD and FX
  • Sales team can be pushy
  • No 24/7 customer support

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76% of retail CFD accounts lose money

#2 XTB
Fees 4 stars

XTB has average trading fees and low non-trading fees.
Pros
  • Low non-trading fees
  • No withdrawal fee
  • No inactivity fee
Cons
None
XTB fees
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.
XTB number of cryptos offered
eToro XTB AvaTrade IC Markets Plus500
Cryptos (#) 15 16 14 10 9
XTB other asset offering, beside cryptos
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.
Pros
  • Fast
  • Fully digital
  • User-friendly
Cons
  • Sales team pushy
XTB minimum deposit and time to open an account
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.
Pros
  • Credit/Debit card available
  • Quick deposit and withdrawal - within 3 days
  • User-friendly
Cons
  • High fees for electronic wallet deposits
XTB withdrawal fee and options
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.
Pros
  • User-friendly
  • Good search function
  • Good customizability (for charts, workspace)
Cons
  • No two-step (safer) login
  • Limited order types
Best online brokers for crypto trading - XTB trading platform
XTB trading platforms
eToro XTB AvaTrade IC Markets Plus500
Web platform score 4 stars 4 stars 3 stars 4 stars 4 stars
Mobile platform score 5 stars 4 stars 4 stars 4 stars 5 stars
Desktop platform score - 4 stars 3 stars 4 stars -
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.

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76% of retail CFD accounts lose money

#3 Best online broker for crypto trading
AvaTrade

4.3 4 stars

AvaTrade logo

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.

Pros
  • Low trading fees
  • Easy and fast account opening
  • Free and multiple deposit and withdrawal options
Cons
  • Only CFDs, forex, and cryptos offered
  • Limited research tools
  • Phone support does not pick up

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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.
Pros
  • Low trading fees
  • No withdrawal fee
Cons
  • Inactivity fee
  • High financing rate
AvaTrade fees
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

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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.
AvaTrade number of cryptos offered
eToro XTB AvaTrade IC Markets Plus500
Cryptos (#) 15 16 14 10 9
AvaTrade other asset offering, beside cryptos
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.
Pros
  • Fast
  • Fully digital
  • User-friendly
Cons
None
AvaTrade minimum deposit and time to open an account
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.
Pros
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
Cons
  • Slow withdrawal - over 3 days
AvaTrade withdrawal fee and options
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.
Pros
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • Available in several languages
Cons
  • No two-step (safer) login
  • No price alerts
  • Poor design
Best online brokers for crypto trading - AvaTrade trading platform
AvaTrade trading platforms
eToro XTB AvaTrade IC Markets Plus500
Web platform score 4 stars 4 stars 3 stars 4 stars 4 stars
Mobile platform score 5 stars 4 stars 4 stars 4 stars 5 stars
Desktop platform score - 4 stars 3 stars 4 stars -
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.

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71% of retail CFD accounts lose money

#4 Best online broker for crypto trading
IC Markets

4.5 5 stars

IC Markets logo

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.

Pros
  • Low fees
  • Easy and fast account opening
  • Free deposit and withdrawal
Cons
  • No investor protection
  • No negative balance protection
  • Only forex, CFD, and crypto trading is provided

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74-89% of retail CFD accounts lose money

#4 IC Markets
Fees 5 stars

IC Markets has low trading and non-trading fees.
Pros
  • Low trading fees
  • Low non-trading fees
  • No withdrawal fee
Cons
None
IC Markets fees
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.
IC Markets number of cryptos offered
eToro XTB AvaTrade IC Markets Plus500
Cryptos (#) 15 16 14 10 9
IC Markets other asset offering, beside cryptos
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.
Pros
  • Fast
  • Fully digital
  • User-friendly
Cons
None
IC Markets minimum deposit and time to open an account
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.
Pros
  • Credit/Debit card available
  • Free withdrawal
  • User-friendly
Cons
None
IC Markets withdrawal fee and options
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.
Pros
  • User-friendly
  • Good search function
  • Good customizability (for charts, workspace)
Cons
  • No two-step (safer) login
Best online brokers for crypto trading - IC Markets trading platform
IC Markets trading platforms
eToro XTB AvaTrade IC Markets Plus500
Web platform score 4 stars 4 stars 3 stars 4 stars 4 stars
Mobile platform score 5 stars 4 stars 4 stars 4 stars 5 stars
Desktop platform score - 4 stars 3 stars 4 stars -
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. 

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74-89% of retail CFD accounts lose money

#5 Best online broker for crypto trading
Plus500

4.4 4 stars

Plus500 logo

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

 

Pros
  • Easy to use platform
  • Low spreads
  • Listed on Main Market section of the London Stock Exchange
Cons
  • Limited product portfolio, only CFDs
  • High financing rates
  • Minimal research tools

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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.
Pros
  • Low trading fees
  • No withdrawal fee
Cons
  • Inactivity fee
  • High financing rate
  • Financing rate calculation is non-transparent
Plus500 fees
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

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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.
Plus500 number of cryptos offered
eToro XTB AvaTrade IC Markets Plus500
Cryptos (#) 15 16 14 10 9
Plus500 other asset offering, beside cryptos
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

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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.
Pros
  • Fast
  • Fully digital
  • User-friendly
Cons
None
Plus500 minimum deposit and time to open an account
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.
Pros
  • Credit/Debit card available
  • No deposit fee
  • User-friendly
  • Five withdrawal per month is free
Cons
None
Plus500 withdrawal fee and options
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

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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. 
Pros
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • Available in several languages
Cons
  • Limited customizability (for charts, workspace)
Best online brokers for crypto trading - Plus500 trading platform
Plus500 trading platforms
eToro XTB AvaTrade IC Markets Plus500
Web platform score 4 stars 4 stars 3 stars 4 stars 4 stars
Mobile platform score 5 stars 4 stars 4 stars 4 stars 5 stars
Desktop platform score - 4 stars 3 stars 4 stars -
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.

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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:

Best online brokers for crypto trading 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 4 stars 4 stars 4 stars 5 stars 4 stars
Account opening score 5 stars 5 stars 5 stars 5 stars 5 stars
Deposit and withdrawal score 4 stars 5 stars 5 stars 5 stars 5 stars
Markets and products score 3 stars 2 stars 1 stars 1 stars 2 stars
Web platform score 4 stars 4 stars 3 stars 4 stars 4 stars
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66% of retail CFD accounts lose money
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76% of retail CFD accounts lose money
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71% of retail CFD accounts lose money
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74-89% of retail CFD accounts lose money
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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.

AUTHOR

Gergely Korpos
Gergely Korpos
Co-founder, CPO
Gergely's aim is to bring more clarity into personal investing. He has 10 years of experience in financial markets with GE Money, KPMG and MOL. He concluded thousands of trades as a commodity trader and financial portfolio manager
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