3 World's Best Crypto Brokers
According to our research and expert testing, we found that the world's best crypto brokers in 2024 are eToro, Coinbase and Webull.
Cryptocurrencies have come a long way since their introduction, and some early investors are seeing huge profits. The volatility of Bitcoin and other popular coins can make cryptocurrencies an attractive trading vehicle and create opportunities for some traders to profit from them. While some traders like to get instant cash, others turn to futures trading.
Futures contracts can be a more attractive alternative to trading on digital currency like Bitcoin, as they allow traders to use leverage to maximize their profits. If you are ready to enter the world of crypto, choosing the right broker to trade or invest in digital assets is essential for the success of your business.
The best crypto brokers in the world have the advantage of offering many options of financial security, although you cannot trade Bitcoin directly, only future contracts.
1# eToro - Best Crypto Broker
eToro's reliability and innovative features make it the top choice of cryptocurrency traders. It is one of the most trusted platforms, with strict regulations and advanced security measures such as cold storage for crypto. What makes eToro unique is that it is a social investment platform: you can connect with other users, share ideas and gain collective wisdom.
In addition, CopyTrader's unique feature allows you to select a trader based on their profit or risk appetite and execute all their trades instantly. You can choose from more than 70 cryptocurrencies to invest in creating a smart portfolio and thematic investment strategy. It's easy to organize your portfolio because eToro also offers access to stocks, indices, and ETFs.
Pros
Cons
Why We Chose It:
eToro has changed the way many people trade and invest with its social trading platform. Social trading involves copying the trades of another trader or investor in a special social trading account. When you earn the same amount of equity as the merchant you rewrite, you also take the same percentage loss that the merchant earns on their account.
You can use eToro to trade and invest in traditional investments such as stocks, ETFs and cryptos on one platform with eToro, making it a great all-rounder.
Other Highlights:
- $100K demo account
- Invest in 3,000+ assets
- 0% commission on stocks
- Intuitive social trading platform
- Own a large variety of cryptocurrencies
- Regulated by the Financial Conduct Authority (FCA)
- Regulated by the Cyprus Securities and Exchange Commission (CySEC)
2# Coinbase - Second Best Crypto Broker
Founded in 2012, the American company Coinbase Global Inc. is a good cryptocurrency trader for beginners. The platform is easy to use and offers a lot of crypto information, information and education. Experienced crypto traders will appreciate the advanced tools of Coinbase Pro.
Trading fees are charged when you buy, sell or exchange your cryptocurrencies and are calculated based on factors such as payment method, market conditions and equity. Coinbase offers a digital crypto wallet and crypto-reward Visa debit card.
Pros
Cons
Why We Chose It:
Coinbase is a unique cryptocurrency focused platform that allows you to trade digital currencies including Bitcoin, Ethereum, Solana, and Tether. In total, you will receive more than 200 cryptocurrencies. You will also be able to store your coins in a delayed withdrawal for additional protection.
The organizational structure of the change is high. It charges a markup of around 0.5% and adds a transaction fee based on the size of the transaction and the source of funds, although the Advanced Trade platform is cheaper.
The SEC sued Coinbase in June 2023, alleging that it operated illegally as an exchange, broker and clearing company, and issued and sold unregistered securities.
The lawsuit alleges that Coinbase willfully violated securities laws designed to protect investors. Coinbase said it will continue to operate business as usual.
Other Highlights:
- Coinbase recommends a minimum deposit of $50
- Regulated by the Financial Conduct Authority (FCA)
- The trading fees are pretty competitive at 0.6% plus spread
3# Webull - Third Best Crypto Broker
Webull Crypto offers the most popular coins with the ability to use small trading fees. Crypto Trading in partnership with Apex Crypto, which includes crypto storage and wallets they support.
Users should understand that crypto purchased on the Webull app cannot be transferred to a private wallet. Crypto exchange fee on Webull is 1% of transaction fee. Webull users can also trade ETFs, stocks and options on the app.
Pros
Cons
Why We Chose It:
Although Webull may be less well-known than its competitor, commission-free trading app Robinhood, it offers investors a solid offering that includes cryptocurrency trading. Although you do not pay commission on crypto trades (or on stocks and ETFs), Webull charges 100 basis points (1% of the price) on each part of the trade.
Many cryptocurrencies are available for trading, including Bitcoin, Ethereum, and Cardano. The graphic design and beautiful mobile app make Webull a marketer worth considering. If you're planning to hold a stock and cryptocurrency portfolio, Webull is a great all-in-one option.
The platform supports popular cryptocurrencies such as Dogecoin, Bitcoin, Ethereum, and other altcoins, making it easy to diversify your crypto portfolio.
WeBull allows you to trade crypto directly, which is an important part in the ever-changing market like the crypto industry.
Other Highlights:
- Regulated by the Securities and Exchange Commission (SEC)
- Regulated by the Financial Industry Regulatory Authority (FINRA)
- Member of the SIPC, which protects (up to $500,000, which includes a $250,000 limit for cash) against the loss of cash and securities held by a customer at a financially-troubled SIPC-member brokerage firm
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