Cryptobrokers or cryptocurrency brokers are Brokers that offer Crypto Margin Trading. In other words, these brokers offer crypto trading with the use of leverage.
Cryptobrokers differ with the traditional forex brokers because they offer the option of depositing your trading account with Cryptocurrencies (Mostly Bitcoin but some of them offer Ethereum Deposits or Stablecoin Deposits).
Since the trader deposits with bitcoin, some brokers offer account anonymity. This means that if you want to hide your trading activities, these borkers are excellent fit to your needs.
The latest years, traditional Forex Brokers offer cryptocurrency trading. For example, Plus500 offers Crypto CFD Trading but cannot be counted as Cryptobroker. A newbie trader deposits normally, using USD or EUR and has to follow the KYC Requirements before he starts trading.
💎 Why Crypto Margin Trading is so popular among traders?
There are 2 main reasons for this…
- Βitcoin Price Volatility: Cryptos and mostly bitcoin are the most fluctuate assets in the world. Bitcoin volatility can be more than 30-40% between minutes. This offers technical analysis traders to follow the trend and gain lots of money in shorterm.
- High Leverage: Leverage is a tool used by traders and trading professionals to increase the potential return of an investment by using borrowed capital. High leverage is very risky, but is the only way to earn significant amount of money through trading.
Multiplying these two effects makes an explosive combination scenario for a trader. That makes Crypto Margin Trading very attractive, potential earnings exceed traditional FX Trading.
Crypto – leverage can be very high. Some Margin Trading Brokers offer 200: 1 leverage, while others offer leverage up to 200:1.
MetaTrader5 (MT5) Trading Platform
Metatrader 5 is a famous easy- to – use trading platform used be many Brokers worldwide, mostly because it supports many functions and functionalities, including 3rd party app like copy trading, expert avisors, indicators, a great amount of charting patterns etc.
Major Metatrader 5 Advantages:
- Platorm is Free
- Metatrader 5 is Available on Apple Devices (MT5 OS) and Windows
- Mobile & Tablet Friendly (MT5 android, MT5 OS)
- Easy to use even for newbies. Most of the traders use it, so there is a community to answer any possible question.
- Plenty and accurate technical analysis tools and charts.
- Supports Copy Trading and Forex Automated Trading. Everyone can create his own expert advisor, by using the programming language MQL
- Stop Loss, Take Profit and other Tools
- Server stability (thousands of Trades simioutanesly, Minimal CPU resources, Security (prevents the hacker threats)
- Changing from broker to broker, the platform remains the same.
Bitcoin Brokers with MT5 platform
The following brokers offer margin trading through MT5 Trading Platform… Enjoy high leverage!
1. Evolve Markets 🏅 (Our Suggestion)
Evolve Markets Reliable Review
- Offshore Forex Broker
- Anonumous & Fast Sign Up & Deposit
- Accounts Denominated in Bitcoin or Litecoin
- MT4 & MT5 Trading platform
- 1000x leverage on all forex pairs
- 100x leverage on crypto trading
- 500x leverage for commodity & index cfds
Evolve Markets is a trusted Cryptobroker offering trading via Metatrader 4 and Metatrader 5 Platform.
Deposit only via Cryptos (Bitcoin & Litecoin), High Leverage Trading (Up to 1000:1 Leverage in FOREX, up to 100:1 Leverage in Cryptos), Over 70 currency pairs, CFD Commodities, STP Market execution, 24/7 trading
Evolve Markets is a highly recommended High Leverage Broker.
2. OctaFx 🎖 (Best Asian Broker 2021)
OctaFX
- Awarded Broker
- MT4 - MT5 Platform
- Leverage Up to 1:500 (Forex)
- Deposit with Crypto
- CopyTrading App
OctaFx is a multi awarded Forex Trading Broker that combines MT4 and MT5 platform with Crypto Deposits.
In OctaFx you can trade 32 forex currency pairs, 5 cryptocurrencies and other CFD assects such as WTI Oil and Gold.
For traders that are looking an ECN Trading Account, OctaFx offers c-Trader platform.
OctaFx is a great option for 🇳🇬 Nigerian Traders, traders from 🇮🇳 India
3. Grand Capital (500$ No Deposit Bonus)
Grand Capital Trusted Review
- Regulated by FinaCom
- Expert Advisors Friendly
- High Leverage Broker
- Over 30 deposit/withdrawal methods
- Bitcoin Deposit and withdrawls
- Contests with cash prizes
- VIP accounts for deposits over $50 000
Located in Hong Kong, Grand Capital is an international broker that accepts bitcoin deposits, and offers MT4 and MT5 platform.
ECN Acount, Copy trading, Expert Advisors, investment portfolios, and RAMM technology are available for Grand Capital Traders.
4. XBTFX
XBTFX.io (Review 2021)
- Zero commission accounts, ECN accounts
- No KYC for trading with bitcoins (Anononymous Trading)
- KYC only for stablecoins deposits & exchange
- MT5 platform, 200+ instruments (FX, Crypto, Gold etc)
- 500x leverage on FX, 50x leverage on crypto trading
- Real STP liquidity
XTBFX.io is a new Marging Trading Broker offering anonymous trading (No KYC), high Leverage, Low Spreads and Nice Promotions.
76 Currency Pairs, 100 CryptoPairs, CFD available, No KYC required (if you deposit via bitcoin).
Like Evolve Markets, XTBFX.io uses MT5 trading platform with all it’s advantages: Copy Trading, Scalping, Hedging and Expert Advisors are encouraged.
5. PrimeBit
PrimeBit Review (Update 2021)
- No KYC Required, only email sign Up
- Stable webTrader platform, & MetaTrader 5
- Up to200x leverage, similar trading Fees to Bybit and BitMEX
- fast execution, no requotes
- 12 languages
In PrimeBit you are able to trade Cryptocurrencies with an up to 200x Leverage, in their famous MT5 platform.
Anonumous Trading, No KYC Required
⚠️ Warning –> For US Based Traders 🇺🇸
- US Customers are not allowed to trade to offshore Bitcoin Brokers!
- For US Customers there is the option of eToro!
- US Traders can Trade Cryptocurrencies in EToro. If you are from US, Open Your EToro Account Now and start trading the Bitcoin!
- eToro Disclaimer: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. Archived, “Virtual currencies are highly volatile. Your capital is at risk.”
- Unfortunantely, No Leverage Trading is allowed in USA.