Top 10 Forex Brokers Accepting Bitcoin (February 2023)

Top 10 Forex Brokers Accepting Bitcoin (February 2023)

Do not invest more money than you can afford to lose.

 

Bitcoin is a cryptocurrency that became very popular after its founding in 2013 and in recent years it became widely used as a payment method. And there is a good reason for that. It has a lot of advantages in comparison to other traditional payment options like credit/debit cards or bank transfer, as it’s not controlled by any company or individual. In fact paying with Bitcoin doesn’t require any mediator thus eliminating any international transaction fees.

What’s more it’s very important to choose a reputable broker who accepts bitcoin transactions and can ensure your safety of funds. Unfortunately scam techniques are very common nowadays, as these people take advantage of some of the drawbacks that bitcoin deposits have. For this reason make sure to invest with this cryptocurrency only with regulated, trustworthy brokers. We have prepared a list of the top 10 reliable financial services providers that accept Bitcoin – take a look at it down below.

1. FPMarkets

LicenseASIC, CySEC, FSCA
Minimum deposit $100
Trading platformsMT4, MT5
Maximum leverage1:30
Spread1. pip

With its solid regulation by popular financial watchdogs like ASIC (Australia), FSCA (South Africa) and CySEC (Cyprus) this broker is among the best financial services providers offering competitive spreads and low minimum deposit. FPMarkets supports payments with Bitcoin, Tether, Ethereum and some more cryptocurrencies that are listed on its website. You can make a deposit through the payment service provider LetKnowPay or Finrax and the deposit time is up to 1 hour. This broker also notes that there are some Blockchain fees applicable so keep this in mind. But one is for sure – with this broker you can rely on secure crypto transactions and safe trading experience as a whole.

2. OctaFX

LicenseCySEC
Minimum deposit0.00037000 BTC
Trading platformsMT4, MT5
Maximum leverage1:500
Spread0.5 pips

OctaFX is an international forex broker with an amazing reputation that is regulated by the Cyprus CySEC and meets all the requirements when it comes to offering financial services. This broker accepts payments with Bitcoin, Tether, Litecoin and Dogecoin and ensures the safety of these transactions. Note that this broker doesn’t charge commissions for transactions but the Bitcoin network applies its own fees which amount depends on the execution time you’ve chosen. The execution time on the other hand may take between 3 and 30 minutes, sometimes up to an hour. Also note that the total of your Bitcoin deposits cannot exceed 20 000 USD a day.

3. eToro

LicenseFCA, CySEC
Minimum deposit$20
Trading platformsOpenwork, WebTrader
Maximum leverage1:30
Spread3 pips

EToro is a globally regulated forex broker with many years of experience. It has been licensed by some of the strictest jurisdictions in the world – the UK’s Financial Conduct Authority (FCA) and the Cyprus CySEC. This broker also accepts Bitcoin transactions along with some other cryptocurrencies like Tether and Ethereum, Note that eToro charges a conversion fee of 0.1 %. Moreover conversion rates are set according to eToro market rates. You can also benefit from low minimum deposit and user-friendly trading software.

4. VT Markets

LicenseCIMA
Minimum deposit $200
Trading platformsMT4, MT5
Maximum leverage1:500
Spread1.6 pips

VT Markets is regulated by the Cayman Islands CIMA. And even though this regulation isn’t the best in the world, this broker is still a good option for those of you who want to deposit via cryptocurrencies. It accepts Bitcoin and Tether along with some other traditional payment methods. If you want to use crypto coins like Bitcoin for instance you just have to fill in a certain form and transfer the desired amount from your wallet to the Bitcoin address. As simple as that. Keep in mind however that this broker is unable to deposit or withdraw via BUSDT.

5. Alpari

LicenseFSC of Mauritius
Minimum deposit$5
Trading platformsMT4, MT5
Maximum leverage1:1000
Spread1.4 pips

This broker is licensed and supervised by the FSC of Mauritius and even though offshore regulation doesn’t provide such high client protection as the one in the UK or the EU for instance, Alpari is still a pretty good alternative. One of the perks of investing here is the fact that this broker accepts Bitcoin payments along with some other cryptocurrencies like Ethereum, Litecoin and Tether. There are no commissions or fees and the processing time takes up to 24 hours. Alpari also notes that if you’re withdrawing cryptocurrencies, they need to be returned to the same crypto address that was used to make the deposit. Last but not least, remember that the withdrawal amount to a specific crypto address should not exceed the total amount deposited from the same crypto address.

6. Exclusive Markets

LicenseFSA Seychelles
Minimum depositunlimited
Trading platformsMT4, MT5
Maximum leverage1:2000
SpreadN/A

Exclusive Markets is a broker based in Seychelles and regulated by FSA. Its regulation is an offshore one so you can’t expect the best client protection, however this broker is still licensed and supervised, so we don’t think you have anything to worry about. It accepts a variety of cryptocurrencies like Bitcoin, Ethereum and Tether through the crypto payment platform of B2BinPay. You can also transfer crypto coins via Binance wallet which supports only ERC20 and LTC Network. The best thing with Exclusive Markets is that there is no minimum deposit when it comes to crypto payments. You can also benefit from instant processing and no transaction fees for Bitcoin and the rest of the cryptocurrencies.

7. Lykke

LicenseFCA, Vanuatu
Minimum depositN/A
Trading platformsMT4
Maximum leverage1:500
Spread1.3 pips

The company behind Lykke is based in Switzerland and has two subsidiaries – one in the UK and another situated in Vanuatu. This broker accepts different cryptocurrencies of which Bitcoin and Ethereum are currently available. You can deposit any supported currency in the Lykke exchange after you successfully pass KYS (Know Your Customer) verification. This company claims to provide secure payments with crypto coins however warns potential customers that sending assets to incorrect wallet address can be irreversible and may result in fund loss. There’s no information on its website about the minimum deposit though.

8. MultiBankFX

LicenseASIC, BVI
Minimum deposit$50
Trading platformsMT4, MT5
Maximum leverage1:500
Spread1.5 pips

MultiBankFX is one of the brokers of the MEX Group, which is an Australian regulated broker licensed by ASIC. MultiBankFX on the other hand is based and regulated in the British Virgin Islands and although offshore regulation comes with lower customer protection this broker is still authorized and reliable. You can make a deposit with cryptocurrencies like Bitcoin and Tether – the transactions are processed instantly and there are no additional fees or taxes. Moreover every trader can benefit from competitive spreads and low minimum deposit, applicable for all types of payments.

9. FX Choice

LicenseIFSC
Minimum deposit$100
Trading platformsMT4, MT5
Maximum leverage1:200
Spread1.2 pips

FX Choice is headquartered in Belize and regulated by the local International Financial Services Commission (IFSC). Again keep in mind that this is an offshore regulation that doesn’t provide as high client protection like the one in the EU for instance. Nevertheless, this broker is authorized and licensed so no need to worry. You can safely deposit via cryptocurrencies like Bitcoin, Ethereum, Tether and Ripple. The broker specifies that there might be some additional fees and commissions that are going to be displayed in your “Backoffice” profile. FX Choice also claims you can get a 15% bonus if depositing with crypto.

10. Trader’s Way

LicenseDominica
Minimum deposit$1
Trading platformsMT4
Maximum leverage1:1000
Spread2 pips

Trader’s Way is an offshore company, registered in the Commonwealth of Dominica. It accepts payments with various crypto coins like Bitcoin, Ethereum, Tether, Ripple and Litecoin. The execution of the order is instant and there are no additional fees or commissions, as this broker claims. Along with the cryptocurrencies this broker also accepts a variety of payment methods among which you can spot Visa/Mastercard, Skrill, Neteller and WebMoney.

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