ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

Best Bitcoin ETF Brokers for 2024

Steven Hatzakis

Written by Steven Hatzakis
Edited by John Bringans
Fact-checked by Joey Shadeck

January 29, 2024

ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Here's how we test.

Bitcoin funds have been around for a long time, mostly in the form of trusts and other securities. It wasn’t until January 2024 that the U.S. Securities and Exchange Commission granted its long-awaited approval for several spot Bitcoin exchange-traded funds (ETFs).

I've been trading bitcoin for seven years and I’ve been writing about cryptocurrency and blockchain technology for over twelve years. In this guide to Bitcoin ETFs, I’ll break down this landmark SEC ruling and what it means for Bitcoin traders. I’ll also share my top picks for brokers to use for investing in Bitcoin ETFs.

Best Brokers for Buying Bitcoin ETFs

I've tested more than 60 of the biggest brokers in the industry (read more about how we test) to determine the best brokers for buying and trading spot Bitcoin ETFs:

  • IG
    - Best overall broker, most trusted
  • Interactive Brokers
    - Great overall, best for professionals
  • Saxo Bank - Best web-based trading platform
  • CMC Markets - Excellent overall, best platform technology
  • TD Ameritrade - Best desktop platform, U.S. only
  • XTB - Great research and education
  • eToro - Best for copy and crypto trading
IG
5/5 Stars 5.0 Overall

Best overall broker, most trusted

Minimum Deposit£250.00
Trust Score99
Tradeable Symbols (Total)19537

IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets. Read full review

Pros
  • Outstanding platforms and tools
  • Over 19,000 tradeable instruments
  • Competitive pricing
Cons
  • No predefined layouts on the flagship web platform
  • Limited product range on MT4
Visit Site

Join 239,000+ traders worldwide.

(Trading forex carries a high level of risk)

Interactive Brokers
5/5 Stars 5.0 Overall

Great overall, best for professionals

Minimum Deposit$0
Trust Score99
Tradeable Symbols (Total)8500

Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite. Read full review

Pros
  • Robust platform for professional traders
  • Wide range of global markets
  • Thorough research offering
Cons
  • Trader Workstation platform is likely too complicated for inexperienced traders
Visit Site

Quotes as tight as 1/10 of a pip

(66% of retail CFD accounts lose money)

Saxo Bank
5/5 Stars 5.0 Overall

Best web-based trading platform

Minimum Deposit$0
Trust Score99
Tradeable Symbols (Total)70000

Saxo Bank is an exclusive multi-asset broker with brilliant research and a superb trading platform experience – as well as a stunning selection of over 40,000 securities. Read full review

Pros
  • Flagship platform is top of the line
  • Over 40,000 tradeable instruments
  • Excellent customer service
Cons
  • High minimum deposit
CMC Markets
5/5 Stars 5.0 Overall

Excellent overall, best platform technology

Minimum Deposit$0
Trust Score99
Tradeable Symbols (Total)12074

CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12,000 tradeable instruments. Read full review

Pros
  • Low trading costs
  • Excellent web and mobile platforms
  • Robust research materials
Cons
  • Educational offering could be improved
TD Ameritrade
5/5 Stars 5.0 Overall

Best desktop platform, U.S. only

Minimum Deposit$0
Trust Score99
Tradeable Symbols (Total)0

TD Ameritrade’s thinkorswim platform offers over 70 tradeable currency pairs alongside a plethora of impressive tools, research, and education. For traders in the U.S., TD Ameritrade provides the ultimate trading technology experience. Read full review

Pros
  • Outstanding platform in thinkorswim
  • Thorough research offerings
  • Excellent educational materials
Cons
  • Does not offer copy trading
  • Forex pricing is slightly higher than industry average
XTB
5/5 Stars 5.0 Overall

Great research and education

Minimum Deposit$0
Trust Score96
Tradeable Symbols (Total)6010

As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research. Read full review

Pros
  • xStation 5 platform is an industry standout
  • Robust selection of trading tools
  • Excellent customer service
Cons
  • Pricing is just average
eToro
4.5/5 Stars 4.5 Overall

Best for copy and crypto trading

Minimum Deposit$10-$10,000
Trust Score90
Tradeable Symbols (Total)3479

eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies. Read full review

Pros
  • Large number of investors to copy
  • Extensive range of markets to trade
  • User-friendly platforms and app
Cons
  • No automated trading strategies
  • Stops, limits mandatory on trades
  • Research trails competitors

What is a Bitcoin ETF?

Exchange-traded funds (ETFs) are bundled funds traded on exchanges and designed to track or replicate the performance of an underlying asset or benchmark index. In the case of Bitcoin ETFs, Bitcoin (the hugely popular cryptocurrency) is the underlying asset being tracked. In January 2024, the SEC granted its approval to “List and Trade Bitcoin-Based Commodity-Based Trust Shares and Trust Units.” In other words, the SEC has given the OK for traders to buy and sell spot Bitcoin ETFs.

What is a Spot Bitcoin ETF?

Funds that use futures or other derivatives to indirectly track and attempt to replicate the price of bitcoin have been available for years. This new landmark SEC approval for spot Bitcoin ETFs allows the funds to buy and hold (or, take direct custody of) the actual underlying Bitcoin asset.

To sum it up: Spot Bitcoin ETFs directly own Bitcoins, other derivative-based Bitcoin ETFs do not.

psychology_altWhat is an underlying asset?

The term “underlying asset” is used to describe a financial instrument or asset that provides the basis for the price of an associated derivative (i.e., a CFD or a forex options contract).

What bitcoin ETFs are there?

In the U.S., 11 bitcoin ETFs were approved for trading by the SEC:

  • ARK 21Shares Bitcoin ETF (NYSE: ARKB)
  • Bitwise Bitcoin ETF (NYSE: BITB)
  • Fidelity Wise Origin Bitcoin Fund (NYSE: FBTC)
  • Franklin Bitcoin ETF (NYSE: EZBC)
  • Grayscale Bitcoin Trust (OTC: GBTC)
  • Hashdex Bitcoin ETF (NYSE: DEFI)
  • Invesco Galaxy Bitcoin ETF (NYSE: BTCO)
  • iShares Bitcoin Trust (NYSE: IBIT)
  • Valkyrie Bitcoin Fund (NYSE: BRRR)
  • VanEck Bitcoin Trust (NYSE: HODL)
  • WisdomTree Bitcoin Fund (NYSE: BTCW)

Are bitcoin ETFs legal?

Yes, Bitcoin ETFs in the U.S. are legal. So long as your broker offers access to U.S. regional stock exchanges and accepts clients in your country of residence, you will be able to legally trade bitcoin ETFs. If you reside in Iran, for example, you will not be able to trade bitcoin ETFs legally with a U.S. broker, as the U.S.-based broker will not be able to accept clients from your country of residence. To check brokers that accept clients from your country, use our International Forex Brokers Search Tool.

How to buy a spot bitcoin ETF

Just like every other ETF that is traded on the spot, you can buy a bitcoin ETF on the spot using a market order or limit order from within your U.S. brokerage account. International investors can buy bitcoin ETFs from a broker that offers access to major U.S. stock exchanges like the New York Stock Exchange (NYSE).

Here’s a step-by-step guide to buying a Bitcoin ETF:

  1. Log in to your brokerage account (or open a new account with a highly rated broker).
  2. Choose the Bitcoin ETF you want to trade.
  3. Determine the number of shares you want to to trade based on your budget and overall trading strategy.
  4. Create an order for the appropriate Bitcoin ETF symbol. For example, if you were trading the Fidelity Bitcoin ETF, the symbol would be FBTC.
  5. Submit your order. Submit a market order if you want it to fill at the next available price during market hours. Submit a limit order to have your trade executed at a specified price (or better).
  6. Monitor your order status to confirm your order has been filled and track your position over time in alignment with your investment methodology and objectives.

lightbulbRemember:

Be mindful of any spreads and fees before placing any trades. Always read the fine print. If you want to find some true low-cost forex brokers, check out my guide to the best Zero Spread Brokers.

Bitcoin ETF pros

Check out some of the advantages that come with purchasing Bitcoin ETFs (compared to buying the underlying Bitcoin).

  • Convenience. You won’t need to transfer money to a crypto exchange, which creates additional tax reporting obligations (the complexity of crypto tax obligations can be offputting to investors who might be otherwise be interested in trading Bitcoin).
  • Lack of custodial responsibility. You won't have to maintain your own hot or cold cryptocurrency wallet or worry about safeguarding private crypto keys.
  • Passive investing. Investing in ETFs allows you to to set recurring investments for passive investing. You can include a Bitcoin ETF as part of a custom portfolio that automatically rebalances your target allocations.

Bitcoin ETF cons

There are some disadvantages associated with Bitcoin ETFs to keep in mind when deciding whether to buy or sell this investment product.

  • Expense ratios and fees. Trading costs associated with Bitcoin ETFs have the potential to negatively impact performance. Fees should always be assessed and projected so that you fully understand how they may impact the performance of your portfolio.
  • Potential for tracking errors. Like any fund or ETF that aims to replicate the performance of an underlying asset or benchmark index, the performance of the fund over time can deviate from the performance of the underlying asset. Commonly known as tracking errors, these deviations can be the result of various external factors.
  • Lack of ownership of the underlying asset. When you purchase an asset like company stock, you become the owner of those actual company shares. The purchase of shares in an ETF, on the other hand, does not convey any underlying ownership rights in Bitcoin.
  • Regulatory structure. Some Bitcoin ETFs may not provide protection under the Investment Company Act of 1940.

Bitcoin ETF fees

Fees associated with Bitcoin ETFs can depend on a number of factors, such as whether the fund is actively or passively managed. These costs will be reflected in the ETF’s expense ratio. The expense ratio consists of the ETF’s net management fee and gross management fee.

Management fees may include the fund’s operating expenses, 12B-1 and distributions fees, and the miscellaneous costs that result from the individual ETF’s annual fund operating expenses for shareholders.

While some Bitcoin ETF providers may waive a portion of their fees for a predetermined promotional period to incentivize early investors, it’s important to read the fine print of each prospectus before investing so that you understand if and when those fees kick-in after the promotional period has expired.

The fees associated with each Bitcoin ETF will depend entirely on the specific ETF provider and their most recent investment prospectus. For more information, here are some helpful links with more information for each of the eleven approved Bitcoin ETF providers:

Other ways to purchase bitcoin

Several forex brokers offer you the ability to buy the underlying Bitcoin asset directly, usually through third-parties that they have partnered with or from their own in-house solution (which includes the custody of the underlying asset). Learn more about buying and trading Bitcoin by checking out my Bitcoin Guide.

Buying it directly from a broker

Here's a list of the best brokers that let you buy the underlying Bitcoin asset:

Company Cryptocurrency (Physical) Visit Site
Interactive Brokers logoInteractive Brokers Yes Visit Site
eToro logoeToro Yes
Swissquote logoSwissquote Yes
OANDA logoOANDA Yes
MultiBank logoMultiBank Yes

Buying it directly from a broker as a CFD

Traders can also purchase bitcoin as a CFD (not available to residents of the U.K. or U.S.), which can be more suitable for active traders. It’s worth noting that holding crypto CFDs overnight can subject you to carry costs, due to the use of leverage. Here’s a list of brokers that offer crypto CFDs (like Bitcoin):

Company Cryptocurrency (Derivative) Visit Site
IG logoIG Yes Visit Site
Saxo Bank logoSaxo Bank Yes
CMC Markets logoCMC Markets Yes
FOREX.com logoFOREX.com Yes Visit Site
City Index logoCity Index Yes
XTB logoXTB Yes
eToro logoeToro Yes

ForexBrokers.com 2024 Overall Rankings

Now that you've seen our picks for the top seven brokers for trading Bitcoin ETFs, check out the ForexBrokers.com Overall Rankings. We've evaluated over 60 forex brokers, using a testing methodology that's based on 100+ data-driven variables and thousands of data points. Check out our full-length, in-depth forex broker reviews.

Company Overall Rating Offering of Investments Commissions & Fees Platform & Tools Research Education Mobile Trading Trust Score Visit Site
IG logoIG 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 99 Visit Site
Interactive Brokers logoInteractive Brokers 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 99 Visit Site
Saxo Bank logoSaxo Bank 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4/5 Stars 5/5 Stars 99
CMC Markets logoCMC Markets 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 99
FOREX.com logoFOREX.com 5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 5/5 Stars 99 Visit Site
TD Ameritrade logoTD Ameritrade 5/5 Stars 5/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 5/5 Stars 99
City Index logoCity Index 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 5/5 Stars 99
XTB logoXTB 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 96
eToro logoeToro 4.5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 90
Swissquote logoSwissquote 4.5/5 Stars 5/5 Stars 3.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 4.5/5 Stars 99
Capital.com logoCapital.com 4.5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 87
AvaTrade logoAvaTrade 4.5/5 Stars 4/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 94
Plus500 logoPlus500 4.5/5 Stars 4/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 3.5/5 Stars 4.5/5 Stars 99
OANDA logoOANDA 4.5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 5/5 Stars 4/5 Stars 4.5/5 Stars 93
FXCM logoFXCM 4.5/5 Stars 3.5/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 95
Admirals logoAdmirals 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 93
Pepperstone logoPepperstone 4.5/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 95
XM Group logoXM Group 4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 88
FP Markets logoFP Markets 4.5/5 Stars 4.5/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 87
FxPro logoFxPro 4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4.5/5 Stars 90
IC Markets logoIC Markets 4.5/5 Stars 4.5/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 84
Markets.com logoMarkets.com 4.5/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 96
Tickmill logoTickmill 4.5/5 Stars 3.5/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 83
Fineco Bank logoFineco Bank 4.5/5 Stars 4.5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 94
BlackBull Markets logoBlackBull Markets 4/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 77
Vantage logoVantage 4/5 Stars 3.5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 90
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets) 4/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 88
HFM logoHFM 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 86
ThinkMarkets logoThinkMarkets 4/5 Stars 4.5/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 92
FlowBank logoFlowBank 4/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 80
DooPrime logoDooPrime 4/5 Stars 5/5 Stars 3/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 83
Trading 212 logoTrading 212 4/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 79
BDSwiss logoBDSwiss 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 76
Trade Nation logoTrade Nation 4/5 Stars 3.5/5 Stars 4.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 85
TMGM logoTMGM 4/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3.5/5 Stars 4/5 Stars 83
Moneta Markets logoMoneta Markets 4/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 72
Eightcap logoEightcap 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 85
MultiBank logoMultiBank 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 84
ACY Securities logoACY Securities 4/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 75
RoboForex (RoboMarkets) logoRoboForex (RoboMarkets) 4/5 Stars 5/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 71
VT Markets logoVT Markets 4/5 Stars 3.5/5 Stars 4.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 70
easyMarkets logoeasyMarkets 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 80
IronFX logoIronFX 4/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 83
Spreadex logoSpreadex 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 71
IFC Markets logoIFC Markets 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 67
Trade360 logoTrade360 4/5 Stars 4/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 76
Octa logoOcta 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 70
Axi logoAxi 4/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars 81
TeleTrade logoTeleTrade 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 71
GKFX logoGKFX 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 65
Vestle logoVestle 4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 78
FXOpen logoFXOpen 3.5/5 Stars 3/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3/5 Stars 4/5 Stars 80
FXPrimus logoFXPrimus 3.5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3.5/5 Stars 4/5 Stars 71
Forex4you logoForex4you 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 61
GBE brokers logoGBE brokers 3.5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3/5 Stars 4/5 Stars 71
Alpari logoAlpari 3.5/5 Stars 3/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3.5/5 Stars 4/5 Stars 68
TopFX logoTopFX 3.5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3/5 Stars 4/5 Stars 67
Libertex (Forex Club) logoLibertex (Forex Club) 3.5/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 3/5 Stars 3/5 Stars 4/5 Stars 73
LegacyFX logoLegacyFX 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 67
FXGT.com logoFXGT.com 3.5/5 Stars 3/5 Stars 3.5/5 Stars 3.5/5 Stars 3/5 Stars 3/5 Stars 3.5/5 Stars 69
ATFX logoATFX 3.5/5 Stars 3.5/5 Stars 3/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars 73
Xtrade logoXtrade 3.5/5 Stars 3.5/5 Stars 2.5/5 Stars 3/5 Stars 3/5 Stars 3.5/5 Stars 3/5 Stars 80

Popular guides to forex trading tools and platforms

Popular Forex Guides

More Forex Guides

Popular Forex Broker Reviews

Methodology

At ForexBrokers.com, our evaluations of online brokers and their products and services are based on our collected quantitative data as well as the qualitative observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the online forex brokerage industry, and we evaluate dozens of international regulator agencies (click here to learn about how we calculate Trust Score).

Our research team thoroughly tests the most important cryptocurrency features and services offered by online brokers. We conduct extensive research into each broker’s overall crypto offering to determine the number of available crypto assets, and whether the broker offers the physical (underlying) assets or crypto CFDs (or both) – among other important data-driven variables.

We also test any crypto-specific trading tools or resources, and we research any and all trading costs, spreads, and crypto-specific fees (such as when converting crypto to crypto).

We test cryptocurrency services across a variety of platforms and devices; all websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running macOS 12.5 to test copy trading on the go.

We also test cryptocurrency services on mobile devices; for Apple, we use the iPhone XS running iOS 15, and for Android we use the Samsung Galaxy S9+ and Samsung Galaxy S20 Ultra devices running Android OS 12.

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Read our Generative AI policy to learn more.

Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.

About the Editorial Team

Steven Hatzakis
Steven Hatzakis

Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

John Bringans
John Bringans

John Bringans is the Senior Editor of ForexBrokers.com. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

Joey Shadeck
Joey Shadeck

Joey Shadeck is the Content Strategist and Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

close