Best forex brokers accepting Bitcoin deposits

Broker Country Rating Min. Deposit Website
US5/5$50Click for a special offerWebsite
Cyprus, Australia4.97/5$100Click for a special offerWebsite
UK, Cyprus, Belize4.95/5$5Click for a special offerWebsite
Australia4.90/5$100Click for a special offerWebsite

Bitcoin is a virtual currency that shocked the world after it was introduced by the still-unknown Satoshi Nakamoto in 2009 as an open-source code. It became part of the legitimate forex trading world in 2013 and is widely used as a payment method.

There are many advantages in using bitcoin as a payment system. First of, for traders in still developing countries wire transfers or credit cards often are not an option due to limited access or heavy regulatory control from the government. Precisely because of this Bitcoin was created – to ensure a space for financial transactions free from government scrutiny – and because of this it is now used by traders in different developing or underdeveloped countries. Iranian traders prefer Bitcoin as a safe and quick payment method which is not connected in any way with the Central Bank of Iran.

Furthermore, Bitcoin removes the cost of credit card fees and the risk of chargebacks. It also allows forex brokerages from Europe to target traders residing in countries well behind in economic and banking development, besides their local base.

Traders store bitcoins in a so-called “blockchain wallet” which is a sort of digital wallet that allows the storage and management of cryptocurrencies. There are currently over 22 million active blockchain wallets.

Some of the foremost forex brokerages provide bitcoin as a payment method for clients. An example is FXOpen which is regulated by both the FCA, ASIC and the FMA, as well provides the MetaTrader4 platform.

Brokers accepting bitcoin

Broker Country Rating Min. Deposit Website
Gibraltar4/5$125Read the review
UAE1.5/5$100Read the review
SVG1.5/5$250Read the review
Bulgaria1.5/5$250Read the review
UK1.4/5$50 000Read the review
SVG1.4/5$50Read the review
SVG1.3/5$1Read the review
Belize1.2/5$250Read the review
Switzerland1.2/5$250Read the review
UK1.2/5$300Read the review
Vanuatu1.2/5$250Read the review
Marshall Islands1.2/5$250Read the review
SVG1.2/5N/ARead the review
Marshall islands1.2/5$250Read the review
Bulgaria1.2/5$350Read the review
Vanuatu1.2/5$250Read the review
SVG1.2/5$10Read the review
SVG1.2/5$500Read the review
SVG1.2/5$500Read the review
Ireland1.2/5$250Read the review
Belize1.2/5$100Read the review
Vanuatu1.1/5$1000Read the review
SVG1.1/5N/ARead the review
Bulgaria1.1/5$250Read the review
SVG1.1/5$250Read the review
N/A1/5$3000Read the review
Marshall Islands1/5$50Read the review
N/A1/5$10 000Read the review
UK, Estonia1/5-Read the review
SVG1/5$200Read the review
UK1/5$2000Read the review
N/A1/5N/ARead the review
SVG1/5$250Read the review
USA1/5$100Read the review
USA1/5$250Read the review
New Zealand1/5$500Read the review
SVG1/5$1000Read the review
SVG1/5100Read the review
Marshall Islands1/5$1000Read the review
SVG1/5$5Read the review
USA1/5$500Read the review
UK1/5$500Read the review
SVG1/5$250Read the review
US1/5N/ARead the review
Seychelles1/5$300Read the review
Marshall Islands1/5$400Read the review
Marshall islands1.0/5$300Read the review
Marshal Islands1/5$300Read the review
Marshall Islands1.0/5$300Read the review
SVG1/5$250Read the review
N/A1.0/5$250Read the review
N/A1.0/5$100Read the review
Marshall Islands1/5$250Read the review
UK1/5$500Read the review
SVG1.0/5$50Read the review
Estonia1/5$250Read the review