If you want to start trading cryptocurrency, you’ll need to know where to buy it from. There are numerous exchanges available, but not all of them are worth your time (or money). Some cryptocurrency brokers, for example, will charge higher fees or only offer a limited number of coins.
That is why we have compiled this list of the best cryptocurrency brokers in 2022:
eToro
eToro is an online trading platform that allows you to buy and sell crypto assets. In 2013, eToro was the first broker to offer bitcoin trading. In 2017, they expanded their offerings by allowing clients to trade in ether, Ripple (XRP), Litecoin, and other digital assets.
The platform’s user interface makes it easy for beginners who are new to cryptocurrency trading as well as experienced investors who want to try their hand at something new and exciting.
eToro is a social investment network that aims to revolutionize the way people invest.
ForexTB
ForexTB is a CySEC-regulated forex broker and it offers a wide range of cryptocurrencies. The platform also lets you trade in commodities, stocks, and indices as well.
ForexTB is authorized to provide trading services only in Switzerland and the European Economic Area (EEA), but not in Belgium.
ForexTB offers users two trading platforms. The first is a proprietary system developed by ForexTB for web-based trading, while the second is the industry standard—MetaTrader 4.
AvaTrade
AvaTrade is a CFD broker that offers a wide range of trading instruments to its users. The broker has an excellent reputation, and is known for its good customer service. AvaTrade is regulated by the FCA and CySEC, which gives traders peace of mind when they trade with them.
AvaTrade offers a variety of trading platforms for traders, including:
- MetaTrader 4
- MetaTrader 5
- MetaTrader for Mac
- MetaTrader for mobile trading
- MetaTrader for web trading
- The AvaTradeAct platform (Proprietary Platform)
There is an option for everyone here, whether you are new to trading or a skilled trader.
Plus500
Plus500 is a CFD trading platform that offers a wide range of cryptocurrencies. It has a low minimum deposit requirement, which makes it accessible to many traders. In addition, it has high leverage and good customer service.
Because of its simple user interface and advanced trading tools, Plus500 is one of the world’s most popular cryptocurrency brokers.
You can trade cryptocurrencies using CFDs (contracts for difference), which allows you to speculate on their price movements without owning them outright. This can be beneficial if you don’t have enough money to invest in cryptos but still want exposure to their price movements.
IQ Option
IQ Option is a registered trademark of IQ Options Europe Ltd.
They have been providing online trading services for many years and will continue to do so.
IQ Option offers a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.
To open a standard account, customers need to deposit only $10. Demo accounts are also available for prospective traders who want to test the platform before making a deposit. The demo account comes with $10,000 in virtual currency to allow you to start practicing trading.
When selecting a cryptocurrency broker.
When choosing a broker for buying cryptocurrency, we recommend that you use a regulated broker. This is because they have the most secure and reliable platforms to trade on. We also recommend that you only choose brokers with a good reputation.
The most popular brokers have the highest number of users and are easy to use. They offer a variety of services, including crypto-to-crypto trading and fiat currencies (USD, EUR), as well as indices, bonds, and stocks.
They also offer excellent customer support for their customers via live chat or email (or both).
These are the best brokers for buying cryptocurrency in 2022. They have great customer service, they’ve been around for years, and they offer some of the lowest fees in the industry. You can’t go wrong with any of these five brokers if you’re looking to buy Bitcoin or Ethereum on their platform.