Ever since the world’s first cryptocurrency bitcoin was introduced, investors started speculating about it. Some of them even invested in it. God knows, they might have smelled something fishy. Over the passage of time, bitcoin witnessed a huge increase in its price making people who invested in bitcoin back in 2009, Billionaires by the end of 2017. Would you believe bitcoin worth less than a dollar about a decade ago? That’s true. Anyhow, one after the other, cryptocurrencies started to erupt enormously. Today, the market has almost been saturated with over 1300 cryptocurrencies.
Top Rated Forex Brokers to trade cryptocurrencies in 2018
People wish to make money fast, and the huge profit-making potential of cryptocurrencies over a short time span turns out to be an ultimate reason for traders to shift their interest from fiat to crypto. But at the same time, cryptocurrencies are not considered as stable as fiat currencies are. You never know what is going to happen with the crypto you own, the next day. Even expert forex traders sometimes end up losing money. Therefore, Yes! It is always suggested to trade crypto as well as urrency with a top forex broker only in 2018. This is even more pertinent for those, new to crypto world. In this piece, we present some top-ranked forex brokers so you can trade your cryptocurrencies with them safely.
Given below are some top-ranked forex brokers you should consider trading cryptocurrencies with.
XM.com holds First Position Amongst Forex Brokers
XM is the one of the world’s top-ranked forex broker offering ultimate trading services to its clients making them trade forex, metals, indices, commodities, stocks, and CFDs. The broker was established in 2009 and is based in Belize. It has multiple regulations from the world’s most reputable regulatory bodies including CySEC and FCA. The broker offers well-renowned trading platforms to its clients such as MetaTrader4 and MetaTrader5. Customers can avail multiple deposit and withdrawal options offered by the broker. The broker has most competitive spreads in place starting from 0.0 pips. The leverage offered by the broker also stands exceptional i-e 1:888. The broker also host a reward program for its clients offering them a referral bonus of up to 500 US Dollars.
Pluss500 Is Ranked As the 2nd Best Forex Broker To Trade Crypto
AvaTrade Secured 3rd Place In The List Of FX Brokers
Here comes another top-ranked forex broker offering cryptocurrency trading at its best. For those who are new to forex and crypto trading are categorically advised to go for Avatrade. It is the most trusted name in the forex world. The broker is also considered to have supreme expertise in offering forex trading services. It is an Irish broker, came into existence in 2007. Avatrade is regulated by both ASIC and CBI. A low deposit requirement and relatively generous leverage of 1:400 makes its trader’s top choice. Multiple deposits and withdrawal options, great customer support, easy to use trading interface also make people cast their vote in favor of Avatrade.
Fourth Place Winner Is None Other Than FXTM
Another famous name amongst the top-ranked forex broker is none other than FXTM. The broker offers its clients to trade 250 plus assets including cryptocurrencies. It’s almost been nine years since the broker is delivering quality trading services to its customers. It was formed back in 2009. The broker has its head office located in Cyprus. It is a multi-regulated broker. IFSC and SEBI are the regulatory authorities of FXTM. The brokers hold customer’s funds in segregated bank accounts in order to secure them. The broker offers competitive spread that starts from 0.1 pips to 1.3 pips followed by a leverage of 1:1000. Traders need to deposit $5 only to get started. This is surely the least amount one can expect to deposit. The broker also allows you multiple methods to deposit and withdraw funds including debit/credit cards, bank transfers, electronic wallets, as well as web money. A referral bonus is also available at FXTM.
Etoro Is Marked As 5th Place Holder
Etoro is the name that comes first in the mind when someone wishes to use a social trading platform. The broker started its operation well before the world’s first crypto was launched. It was established in 2007. Being fully regulated by the world’s top regulatory bodies such as FCA and ASIC, the broker offers foolproof protection to clients funs keeping them in isolated bank accounts. Traders can get started with the broker by depositing $50 only. CopyTrader at Etoro makes clients trade with full confidence in a way that it helps them copy trades of other professional traders. The broker offers excellent customer services to its clients 24/5.
Mentioned above brokers are the top-ranked forex brokers that you should trade crypto with. These brokers are not only regulated but are trusted by millions of people around the world. We, therefore, strongly recommend people to trade with them without giving it a second thought. You can also read this discussion on BitcoinTalk, related to Forex Crypto trading.