Best Forex Brokers Accepting Bitcoin 2023.
Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation. This may impact how, where and which products / companies / services we review and write about. This page may not include all available products, all companies or all services.
Updated : Jun 21, 2022.
While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation for how we make money.
Table of Contents.
Ready to start using your Bitcoin to fund your trading account? If so we have compiled a useful list of the very best Forex brokers that accept this payment method. Our brokers are recommended based on our in depth research that looks at service, offering and security as well as from our user reviews.
Best Accepting Bitcoin Brokers Comparison Table:
Scroll for more details.
Visit Broker >
Your capital is at risk.
ASIC, CySEC, FSCA, FSC.
1:30 (ASIC), 1:30 (CySEC), 1:500 (FSCA), 1:3500 (FSC)
MT4, MT5, Proprietary.
ECN, No dealing desk, STP.
Visit Broker >
71% of retail investor accounts lose money when trading CFDs with this provider.
ASIC, CySEC, FSCA, FSA(JP), FSC, BVI, CBI.
1:30 (ASIC), 1:30 (CySEC), 1:500 (FSCA), 1:25 (FSA(JP)), 1:3500 (FSC), 1:1000 (BVI), 1:30 (CBI)
MT4, MT5, Proprietary, AvaSocial, AvaTradeGo, AvaOptions, WebTrader.
Visit Broker >
79% of retail CFD investors lose money.
FCA, ASIC, CySEC, MiFID.
1:-2 (FCA), 1:30 (ASIC), 1:30 (CySEC), 1:30 (MiFID)
Market Maker, No dealing desk, STP.
This Section / Page contains links to the 3rd party websites of our top partners from whom we may receive compensation.
Pro Tip: Most of these brokers offer free demo accounts so you can test the brokers and their platforms with virtual money. Give it a try with some play money before using your own cash.
Here’s a list of The Accepting Bitcoin Brokers:
Note: Not all Forex brokers accept US clients. For your convenience we specified those that accept US Forex traders as clients.
FBS.
Regulated by : ASIC, CySEC, FSCA, FSC.
Foundation Year : 2009.
Your capital is at risk.
FBS is a brand name of FBS Markets Inc which is authorised and regulated by the International Financial Services Commission (IFSC) of Belize and the Financial Sector Conduct Authority in the Republic of South Africa (FSCA). In the EU and the UK, FBS is operated by Tradestone Limited, which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). In Australia, FBS is operated by the Intelligent Financial Markets Pty Ltd with the Australian Securities and Investments Commission regulation (ASIC).
FBS offers the ability to trade on multiple asset classes covering CFDs on Forex and Stocks, Indices, Metals and Energies on the MetaTrader 4 and MetaTrader 5 trading platforms for PC, Mac, Web, Android and iOS operating systems. Moreover, clients from the countries under IFSC, FSCA, and CySEC regulations have an opportunity to trade in FBS Trader app, all-in-one trading platform. Clients from the countries under IFSC and FSCA regulations can also access copy trading services via the FBS CopyTrade app.
Commission-free trading available. Regulated under CySEC, ASIC, and FSCA. ECN accounts available. Can trade on MetaTrader 4, MetaTrader 5 and FBS Trader. FBS CopyTrade available for traders and investors. Fast customer live chat service. Good range of deposit methods Limited number of instruments. Regulated IFSC Belize regulation.
AvaTrade.
Regulated by : ASIC, CySEC, FSCA, FSA(JP), FSC, BVI, CBI.
Foundation Year : 2006.
Min Deposit : $100.
71% of retail investor accounts lose money when trading CFDs with this provider.
AvaTrade was founded in 2006 and is authorised and regulated across all six continents it operates including by the CBI, BVI FSC, ASIC, FSCA, FSA and ADGM. It is one of the oldest online forex and CFD brokers with a well-established reputation for customer support, competitive fees and spreads – all in addition to offering a large range of financial instruments, even including ETFs and FX options for those who like to diversify across assets.
Users can choose to open several different account types – Retail, Professional, Spread betting and Options. The differences are discussed in the account opening section below. Retail, professional accounts offer access to over 1,250+ financial instruments across the AvaTrade propriety web-based platform, MetaTrader 4 and MetaTrader 5. Additional platforms include DupliTrade, AvaTradeGo, AvaOptions and AvaSocial, all of which are discussed further down this review.
Global regulation – CBI, BVI FSC, ASIC, FSCA, FSA and ADGM. A wide selection of platforms for every type of trader including MT4/MT5. Competitive spreads and fees. Multilingual customer support. Not available to residents in the USA and Iran.
eToro.
Regulated by : FCA, ASIC, CySEC, MiFID.
Foundation Year : 2007.
Min Deposit : $199.
79% of retail CFD investors lose money.
eToro has grown to be one of the largest and most innovative players in the world of CFD trading. The platform accommodates a community of over 20 million registered users from more than 140 countries. eToro gives traders access to more than 2,000 different financial instruments, including stocks, cryptocurrencies, ETFs, indices, currencies and commodities.
Along with Plus500, eToro is one of two giants of CFD trading hailing from Israel. The company was founded in 2007 in Tel Aviv, by brothers Yoni and Ronen Assia along with David Ring. In 2021, eToro became a publicly traded company through a reverse subsidiary merger with FinTech Acquisition Corp V (NASDAQ:FTCV), a Special Purpose Acquisition Company (SPAC). The deal valued the company at around $9.6 billion.
A leader in copy trading. Super user-friendly platform. Strong in cryptocurrencies. Offers free insurance in certain regions. Well rounded educational offerings. Limited research for clients with small accounts. Wide spreads in some instruments. Withdrawal fee. Only 1 base currency (US dollars) Account balance of at least $5,000 required for chat and phone support.
How Does Bitcoin Work?
Bitcoin transactions require the use of wallets. All Bitcoin users’ wallets are assigned unique addresses. Transactions are recorded on the Blockchain.
Bitcoin can be transferred from one user’s wallet to another. Therefore, forex brokers who accept Bitcoin will be required to accept deposits by having the trader transfer BTC to their wallet. In the same vein, Bitcoin withdrawals by traders involve the transfer of BTC from the broker’s wallet to the trader’s wallet.
Why Use Bitcoin as Your Deposit/Withdrawal Method?
Bitcoin can serve as a good means of deposits and withdrawal. Mmost brokers that accept Bitcoin for deposits and withdrawal also allow the trader to trade BTC. Bitcoin is presently in limited supply and forex trading of BTC allows traders to get their hands on this cryptocurrency without having to mine it for themselves. Mining BTC is presently very expensive, consumes a lot of power and requires specialized equipment, which most traders do not have. So rather than go mining BTC or trading it on Bitcoin wallets, why not get more of it by trading it on the forex platforms and then withdrawing it to your BTC wallets?
There are Bitcoin exchanges all over the place and people are making money buying and selling Bitcoin. Any extra money you make from your forex broker can be withdrawn and sold for cash. Unlike other digital wallets, the BTC you withdraw from your forex account can increase in value over time and you will make more from selling it when the value increases.
Benefits of Choosing a Broker that Accepts Bitcoin.
Here are the benefits of choosing a broker that accepts Bitcoin:
Bitcoin is one of the most secure non-fiat currency platforms as transactions must undergo a host of confirmatory processes before approval, all done with minutes. The security of this cryptocurrency makes it a favoured means of transaction. If your broker accepts Bitcoin and also provides BTC asset for trading (as BTC/USD), you have access to charts and technical tools to know when the price is headed up or down. You know exactly when to trade. It is very easy to create a Bitcoin wallet which is used to fund your forex account. Deposit and withdrawal transactions are easy and can be concluded in minutes.
How to Pick a Decent Broker That Accepts Bitcoin.
It is very easy to find out forex brokers that accept Bitcoin. These are the ways to go about it:
Visit the Banking page of the brokers you intend to do business with and check if Bitcoin is one of the accepted payment methods. The same information can be obtained from the Frequently Asked Questions (FAQ) page. You may decide to check online to get a list of Bitcoin-accepting forex brokers, then use this list to perform the checks listed in point (a) above.
PayPal Chargeback on Broker Account.
Any forex transactions conducted with Bitcoin and transmitted through the Bitcoin network are usually irreversible and final. This is done by design to ensure that those who receive payments with Bitcoin are sure that their money will forever be in their possession. This design came on board before forex brokers started to accept Bitcoin for forex transactions, and unfortunately no modifications or exceptions can be made at this time.
Conclusion.
Are you using Bitcoin to fund your brokers trading account? If so then you’ve come to the right place. Our brokers list outlines the very best brokers that accept the funding of Bitcoin.
This Section / Page contains links to the 3rd party websites of our top partners from whom we may receive compensation.
Trade With A Regulated Broker.
Subscribe To Notifications.
Terms Of Use Cookie Settings Advertise With Us.
Important Disclaimers The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website. Risk Disclaimers This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.