Cryptocurrencies currently represent a good investment opportunity, let’s have a look at which are the best brokers to trade on the most structured cryptocurrencies and with the best conditions to trade on these instruments.

The criptovalute are asset extremely volatile and are a very profitable solution for any investment portfolio, so much in order that today, one of the most popular options among traders at all experience levels.

The Most Popular cryptocurrencies in UK

The most important digital currencies are Bitcoin , Ethereum and Litecoin , the most capitalized cryptocurrencies on the money market, but there are several other electronic currencies that have achieved high market shares like Dash , Bitcoin Cash , Ripple , Monero , Cardano and NEO .

The primary objective of these currencies and of this new technology is to allow trading without the intervention of banks or other financial institutions. In fact, the value of cryptocurrencies is essentially controlled by the technology behind it, which determines the identification and transfer protocol of the money itself.

CFD brokers who have included cryptocurrencies in their offering have multiplied with the increase in popularity of these assets, but not all of them offer the chance to really take advantage of the opportunity and potential from e-currencies, since only trades are allowed. speculative with financial leverage, but without real ownership of the underlying.

Before trading these assets, however, it’s important to know and understand that cryptocurrencies are unregulated, highly volatile investment products that don’t benefit from the investor protection offered by European financial regulators. Trading cryptocurrencies is therefore at the investor’s total risk.

The most important digital currencies are Bitcoin , Ethereum and Litecoin , the most capitalized cryptocurrencies on the money market, but there are several other electronic currencies that have achieved high market shares like Dash , Bitcoin Cash , Ripple , Monero , Cardano and NEO .

The primary objective of these currencies and of this new technology is to allow trading without the intervention of banks or other financial institutions. In fact, the value of cryptocurrencies is essentially controlled by the technology behind it, which determines the identification and transfer protocol of the money itself.

Top Crypto Brokers in the United Kingdom

Broker
Rating
Regulated
Min. Deposit
Demo
Max. Leverage
1.
Admiral Markets

FCA, CySEC, ASIC

Min $100 Deposit

1:500

Review » Visit » Visit
Terms & conditions apply
Risk warning: Trading Forex (foreign exchange) or CFDs (contracts for difference) on margin carries a high level of risk and may not be suitable for all investors. There is a possibility that you may sustain a loss equal to or greater than your entire investment. Therefore, you should not invest or risk money that you cannot afford to lose. Before using Admiral Markets UK Ltd, Admiral Markets Cyprus Ltd, Admiral Markets AS Jordan Ltd or Admiral Markets Pty Ltd services, please acknowledge all of the risks associated with trading.
2.
Deriv

VFSC, FSC, IBFC

Min $5 Deposit

1 000:1

Review » Visit » Visit
Terms & conditions apply
CFDs are considered complex derivatives and may not be suitable for retail clients. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The products mentioned here may be affected by changes in currency exchange rates. If you invest in these products, you may lose some or all of your investment, and the value of your investment may fluctuate. You should never invest money that you cannot afford to lose and never trade with borrowed money.
3.
ActivTrades

FCA

Min $100 Deposit

50:1

Review » Visit » Visit
Terms & conditions apply
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% 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.
4.
Vantage FX

FCA, ASIC, CIMA, SIBL

Min $200 Deposit

500:1

Review » Visit » Visit
Terms & conditions apply
Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.
5.
XM Broker

ASIC, IFSC, DFSA, CySEC

Min $5 Deposit

500:1

Review » Visit » Visit
Terms & conditions apply
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.28% 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.
6.
Blackbull Markets

ASIC, VFSC

Min $100 Deposit

500:1

Review » Visit » Visit
Terms & conditions apply
Risk Warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.
7.
Fusion Markets

ASIC, VFSC

Min $100 Deposit

500:1

Review » Visit » Visit
Terms & conditions apply
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% 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.
8.
Eightcap Review

ASIC, VFSC

Min $100 Deposit

500:1

Review » Visit » Visit
Terms & conditions apply
Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing substantially more than your initial investment).
9.
Libertex

CySec

Min $100 Deposit

30:1

Review » Visit » Visit
Terms & conditions apply
Trading leveraged products such as CFDs involves substantial risk of loss and may not be suitable for all investors. 83% of retail investor accounts lose money when trading CFDs with this provider. Trading such products is risky and you may lose all of your invested capital.
10.
Capital.com

FCA, CySEC

Min $20 Deposit

30:1

Review » Visit » Visit
Terms & conditions apply
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.

Best UK Brokers Cryptocurrencies Reviewed

After analyzing several of them, in our ranking we’ve selected the top brokers with CFDs on cryptocurrencies that provide the best trading conditions and the most reliable trading platforms, demo accounts and high security standards, to trade on virtual currencies, emphasizing that they do not give the possibility to possess them virtually through an E-Wallet.

XTB

XTB is a forex broker recognized at European level and has added to its offer of financial instruments the possibility of trading in CFDs on Bitcoin, BitcoinCash, Dash, EOS, Ethereum, Ethereum Classic, Litecoin, Ripple and Stellar, and is in our opinion the best broker for CFD trading on cryptocurrencies because it offers the best combination of trading conditions , platform and service standards .

It offers a leverage of up to 1: 2 for retail traders on all cryptocurrencies and average spreads starting from 0.5% of the market value, therefore very advantageous, especially for the most active traders.

The xStation 5 online trading platform also offers a complete and intuitive environment, and is by far one of the fastest. The broker is additionally very active in terms of training with webinars and online lessons hebdomadally .

XTB is the first choice recommended by BestforexbrokersUK.co.uk for investors at all levels of experience who want to invest in CFDs on cryptocurrencies.

eToro

eToro includes six virtual coins: Bitcoin, Bitcoin Cash, Ethereum and Ethereum Classic, Ripple, Dash and Litecoin, Cardano, Iota, Stellar, EOS, Neo, Tron, ZCash and Binance Coin and is another choice particularly suitable for trading on these assets.

The peculiarity of eToro is the best copytrading platform available on the market, as it allows you to get in touch with other investors, identify those with the best results and copy their strategies by automatically applying them to your trading account.

Beginners will benefit from the experience of the more advanced , while the experienced will be able to further monetize the profits generated by the investors who choose to replicate them.

eToro was among the first cfd brokers to invest and structure themselves for trading on electronic currencies and in fact offers an excellent offer, both for beginners and for experienced investors.

eToro

Capital.com is the best choice for those who want to have as many pairs available as possible.

The broker allows you to trade on over 70 crypto pairs , includes the popular BTC / USD, XRP / USD and ETH / USD, but also the Crypto Index CIX , often difficult to find among cryptocurrency brokers, the ability to trade between cryptocurrencies (eg. Quantum VS Bitcoin, Stellar VS Bitcoin, etc.), as well as the possibility of operating on minor pairs such as Bitcoin against the Singapore dollar, the turkish lira and the Japanese Yen.

It is currently the broker with the highest number of crypto pairs that may be traded, offers a maximum leverage of 1: 2 , competitive spreads and 24/7 operations, as well as a well-organized and intuitive web platform to use, with integrated news and complete with all the tools necessary for risk management.

In our opinion, a valid choice to be evaluated for crypto traders at all levels of experience.

 

Admiral Markets

Admiral Markets is one of the best cryptocurrency brokers in the sector , in addition to the ability to trade on the most popular cryptocurrencies, Bitcoin, Ethereum and Litecoin, it offers a complete of twenty-two digital tokens contradicting the 2 most important fiat currencies in the world (EUR and USD ) and also the crosses between cryptocurrencies such as BTCETH (Bitcoin / Ethereum) excellent for applying trading strategies on cryptocurrencies.

The low spreads and therefore the possibility of choosing the regulator under which to open an account (CySEC and ASIC), makes Admiral Markets one of the most competitive in the world of digital currencies.

Admiral Markets is also a reliable broker with a complete choice of financial instruments from CFDs on commodities, commodities, indices, etc. up to pure financial instruments on the shares of the regulated market.

IC Markets

IC Markets is another ideal choice for cryptocurrency trading with very advantageous conditions.

On IC Markets it’s possible to trade on Bitcoin, Ethereum, Dash, Litecoin and Bitcoin Cash, Ripple, EOS, Emercoin, NameCoin and PeerCoin with particularly competitive conditions, spreads starting from 0.1 points and minimum tradable size of 1 lot , a maximum leverage of 1: 5 and a Stop Out Limit of 50. The platforms available are MT4 and MT5, the most popular choices among traders of all experience levels.

The Australian broker also makes the Zulutrade social trading platform available to the trader, for those interested in this type of operation.

IC Markets is a good choice for those that have a particular interest in the goodness of conditions and want to operate on an ECN Broker.

FP Markets is an Australian broker with a solid reputation and competitive conditions for trading cryptocurrencies.

Bitcoin, Bitcoin Cash, Ethereum, Ripple and Litecoin are the cryptocurrencies tradable on FP Markets, with low spreads of 0.2 points and most significantly , minimal execution latency .

The cryptocurrency trading platforms available on FP Markets are MT4 and MT5, and include different combinations such as BTC / AUD, ETH / USD and BTC / ETH, it’s therefore possible to trade in crypto / currency and crypto / crypto pairs.

In addition to crypto trading, FP Markets offers access to 10 markets including forex, stocks, indices and commodities, with ECN / DMA prices and spreads among the most competitive in the industry.

IQ Option

IQ Option offers the highest number of tradable cryptocurrencies and is one of the references among brokers for online cryptocurrency trading .

The available currencies are Bitcoin, Bitcoin Cash and Bitcoin Gold, Zcash, IOTA, Omisego, Litecoin, Ripple, Ethereum and Ethereum Classic, Dash, Monero, Tron, Sentiment, NEO, Stellar and Qtum. On IQ Option it’s possible to trade 24/7 with competitive trading conditions and take advantage of one of the best customer services available today among crypto brokers.

The IQ Option platform is among the best ever for immediate use, complete and intuitive, customizable and very fast. among the most trading conditions, we’ve a maximum leverage of 1: 100 (one of the highest offers for trading on cryptocurrencies) and a minimum tradable size of $ 1 .

IQ Option is a suitable choice for those who want to trade on electronic currencies and quickly speculate on the fluctuations of these assets.

Pepperstone

Australia-based no ESMA broker, with dual ASIC and FCA regulators, Pepperstone offers cryptocurrency trading at competitive conditions with leverage at 1: 2 for private clients and 1: 5 for professional clients on CFD tokens: Bitcoin, Bitcoin Cash, Dash, Ethereum and Litecoin.

The minimum tradable size is 0.10 lots and with spreads starting from 3 points . The minimum deposit of € 200 combined with competitive spreads without commissions on trading, make it a good trading broker for cryptocurrencies, but it should be considered that, by choosing the ASIC regulation, you’ll not be entitled to Negative Balance Protection, which is extremely useful for instruments. financials such as cryptocurrencies.

Avatrade

Avatrade offers one of the best offers for cryptocurrency trading , including: Bitcoin and Bitcoin Cash, Ethereum and Ethereum Classic, Ripple, Dash, Litecoin, Monero and NEO.

Among the most relevant conditions, we’ve a 1: 2 leverage for the retail client , among the highest available on crypto and very competitive spreads, with real-time quotes and a wide variety of trading platforms for investors of various levels.

Avatrade also offers training, 24/24 support and operating standards that are among the highest in the industry.

Avatrade is a recommended choice for investors of all experience levels who want to have a vast, customizable and complete offer.

Pros and Cons of Cryptocurrencies

Before moving on to cryptocurrency brokers, we’ve compiled a list of the Pros and Cons of operating with CFDs of electronic currency.

Pros

  • No need to purchase a cold wallet
  • Financial leverage
  • Impossible cryptocurrency theft
  • FSCS insurance with regulated brokers
  • Possibility to sell short
  • Negative balance protection

Cons

  • Possible overnight costs
  • Failure to possess the coin
  • Impossibility of long-term investments

Conclusion

The CFD brokers in UK that includes cryptocurrencies in their offering have multiplied with the increase in popularity of these assets, but not all of them offer the chance to really take advantage of the opportunity and potential from e-currencies, since only trades are allowed. speculative with financial leverage, but without real ownership of the underlying.

Before trading these assets, however, it’s important to know and understand that cryptocurrencies are unregulated, highly volatile investment products that don’t benefit from the investor protection offered by European financial regulators. Trading cryptocurrencies is therefore at the investor’s total risk.