Regulators named in full: a broker regulated by DFSA is regulated by the Dubai Financial Services Authority.
What is the best crypto CFD broker?
Eightcap is the top pick with 95+ cryptocurrencies (the largest tested selection), RAW account spreads from 0 pips, Capitalise.ai for code-free automation, and ASIC/FCA regulation. On BTC/USD cost specifically, BlackBull Markets averaged US$11.90 across a 24-hour session in our August 2026 crypto CFD spread test, the lowest of the six brokers sampled (BlackBull, Vantage, Pepperstone, FP Markets, AvaTrade and Eightcap). Crypto CFD trading provides leveraged exposure to Bitcoin, Ethereum, and altcoins without owning digital assets. We compared crypto product ranges and automation tools.
These are the best est Crypto CFD Trading Platforms:
Ordered by our overall rating, highest first.
- Pepperstone - Great Crypto Trading Platforms, Including MT4
- Eightcap - Best Broker For Cryptos Overall With 95+ Markets
- IC Markets - Good Crypto Trading With MT5
- FP Markets - Good Broker For Scalp Trading With Crypto
- IG Trading - Good Weekend Trading With Cryptocurrencies
- AvaTrade - Great Choice For Day Trading Cryptos
- Plus500 - Strong Range of Cryptocurrencies
- XTB - Top Range Of Crypto Crosses
- eToro - Best For Copy And Social Trading With Crypto
Broker comparison table
| Rank | Broker | Score | Regulation | EUR/USD raw | EUR/USD standard | Commission | Min. deposit | Platforms | Leverage | Visit |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 98 | ASIC, FCA, BaFin CySEC, DFSA | 0.1 | 1.10 | $3.50 | $0 | MetaTrader 4, MetaTrader 5, cTrader | 30:1 | Visit | |
| 2 | 91.8 | ASIC FCA, CySEC | 0.0 | 1.0 | $3.50 | $100 | MetaTrader 4, MetaTrader 5 | 500:1 | Visit | |
| 3 | 89 | ASIC, FSA-S CySEC | 0.1 | 0.1 | $3.50 | $200 | MetaTrader 4, MetaTrader 5, cTrader | 30:1 | Visit | |
| 4 | 78.4 | ASIC,CySEC, FSA-S FSCA,FSC-M, CMA | 0.18 | 1.27 | $3.00 | $100 | MetaTrader 4, MetaTrader 5, cTrader | 30:1 | Visit | |
| 5 | 68.2 | ASIC, FCA, FMA | 0.16 | 1.13 | $6.00 | $0 | MetaTrader 4 | 30:1 | Visit | |
| 6 | 64.5 | ASIC, CIRO, CySEC ADGM, ISA, JFSA CBI, KNF, FSC-BVI FSCA, SFC | - | 0.8 | - | $100 | MetaTrader 4, MetaTrader 5 | 30:1 | Visit | |
| 7 | Plus500 | 58.8 | ASIC, FCA, CySEC, MAS, CIRO, CFTC, FMA, DFSA, EFSA, JFSA, CMA, FSCA, FSA-S, SCB, Bappebti | not published | not published | not published | $100 | Proprietary | not published | Visit |
| 8 | 57.3 | FCA, DFSA, CySEC FSCBZ, CMNV, KNF CMA, CMF, BAPPEBTI, OJK | 0.9 | 0.9 | - | $250 | MetaTrader 4 | 30:1 | Visit | |
| 9 | 54.9 | ASIC, CySEC, FCA MAS, MFSA, ADGM SEC, GFSC, FSA-S | - | 1.0 | - | $50 (Australia), $50-$100 (EU) | - | 30:1 | Visit |
Broker reviews
1. Pepperstone
Average spread
EUR/USD = 0.1 GBP/USD = 0.2 AUD/USD = 0.1
Platforms
MT4, MT5, cTrader, TradingView, Pepperstone Trading App
Minimum deposit
$0
Why We Recommend Pepperstone
Pepperstone supports the largest range of trading platforms of any broker on this list. In total, you’ve got cTrader, MT4, MT5, TradingView, and Pepperstone Trading Platform available, all of which support crypto trading.
I found that the broker provides additional tools like Smart Trader and signal provider tools from Autochartist to boost MetaTrader 4’s features. Across the broker’s 27 crypto instruments, I found consistently fast execution speeds and tight spreads, starting from 0 pips on the Razor account.
Pros & cons
- Powerful trading tools, particularly for MT4
- MT5, TradingView and cTrader platforms
- Fast execution speeds, 77ms for limit orders
- The demo account expires after 30 days
- 24/5 customer support
- A limited selection of cryptocurrencies
Broker Details
Best Broker For Choice Of Trading Platforms
For its choice of trading platforms, I rated Pepperstone 10/10. The selection includes Pepperstone’s own Trading Platform, as well as MetaTrader 4, MT5, cTrader, and TradingView.
While testing the Pepperstone broker, I used MetaTrader 4. I was hugely impressed with this platform, and its decent choice of 30+ indicators, 3 chart types, and 9 timeframes. The availability of automated trading through MetaTrader’s Expert Advisors is also a big plus-point.
I thought Pepperstone was the best match for MT4 because of its Smart Trader Tools. This suit of tools extends the capabilities of MT4 by adding 28 extra indicators and Expert Advisors. I particularly like the addition of Pivot Points, highly valuable if you use price action when you trade.
Excellent Trading Conditions With Fast Execution Speeds
I was impressed with Pepperstone’s snappy trading conditions, in fact, I didn’t experience a single requote or price slippage in my tests. This was backed up by my analyst, Ross Collins, when he tested the broker’s execution speeds. He found they averaged 77ms for limit orders and 100ms for market orders.
Ross performed his technical test using MT4 with the ExTest_ForExpat and Broker Latency Tester EAs to get the average speeds. As you can see from his results, Pepperstone is the fastest broker on the list.
| Broker | Overall Speed Ranking | Limit Order Speed (ms) | Limit Order Rank | Market Order Speed (ms) | Market Order Rank |
|---|---|---|---|---|---|
| BlackBull Markets | 1 | 72 | 1 | 90 | 5 |
| Pepperstone | 3 | 77 | 2 | 100 | 10 |
| IC Markets | 17 | 16 | 134 | 22 | 153 |
| Eightcap | 16 | 19 | 143 | 17 | 139 |
| IG | 23 | 26 | 174 | 19 | 141 |
| FP Markets | 25 | 31 | 225 | 8 | 96 |
| Avatrade | 29 | 32 | 235 | 21 | 145 |
Trade Crypto On MetaTrader 4
Pepperstone offers access to 27 crypto CFD markets. Although this is not the largest selection I’ve tested, it’s still a comprehensive one. You’ve got access to top currencies like Bitcoin, Ripple, and DOGE on the MT4 platform.
I like that Pepperstone offers three crypto indices for analysing market movements. Other things I liked include Pepperstone’s status as a real multi-asset broker. You can benefit from the broker’s great trading conditions on 1,500 financial instruments, these include 91 forex pairs and 1,170+ share CFDs.
2. Eightcap
Average spread
EUR/USD = 0.0 GBP/USD = 0.1 AUD/USD = 0.2
Platforms
MT4, MT5, TradingView
Minimum deposit
$100
Why We Recommend Eightcap
Eightcap is my top pick for the best crypto CFD broker, due to its selection of 141+ cryptocurrencies, the largest I’ve tested. I was impressed to find the broker gave access to both Bitcoin and altcoin markets.
I awarded Eightcap 91.8/100 overall. My score was influenced by several key features, like tight spreads from 0 pips on its Raw account. I was also impressed by the support for platforms like TradingView, MT4, and MT5.
This broker also holds licenses with two Tier-1 regulators: the Financial Conduct Authority (FCA) in the UK, and the Australian Securities and Investments Commission (ASIC).
Pros & cons
- Tight forex spreads
- Fast and easy account opening process
- Over 95+ cryptocurrency CFDs to trade
- MT4, MT5 and TradingView platforms
- MT4 does not support all the broker’s crypto instruments
- Minimum deposit required to open an account
- Customer support is not 24/7
Broker Details

Largest Collection of Cryptocurrencies
I found Eightcap provides 141+ cryptocurrencies for you to trade using CFDs. This is the largest selection out of the 39+ brokers I’ve tested. You can trade highly liquid markets like Bitcoin and Ripple, and also altcoins like SHIB and Dogecoin.
Altcoin markets offer extra volatility, which is good for more risk-focused traders.
| Broker | Crypto Markets Available |
|---|---|
| Eightcap | 141+ |
| eToro | 79 |
| AvaTrade | 27 |
| IC Markets | 23 |
| Pepperstone | 20 |
| IG Trading | 14 |
| FP Markets | 11 |
| XTB | 10+ |
As Eightcap is regulated by Tier-1 authorities like ASIC, FCA, and CySEC, it’s one of the most secure trading platforms for trading cryptocurrencies, in my opinion.
In addition to crypto markets, Eightcap supplies a decent choice of other assets too. You’ve got 56 currency pairs, 360+ shares, 19 indices, and 16 commodities, allowing you to capture trading opportunities across multiple markets with one account.

Good Selection of Trading Platforms
To help you trade the markets on Eightcap, the broker supports most of the main platforms, including MT4, MetaTrader 5, and TradingView. However, I did notice that you don’t have access to Eightcap’s full list of markets on MT4. So I recommend choosing TradingView or MT5 for the best multi-asset experience.
I personally like trading with TradingView as I prefer the modern layout, and the platform is fantastic when it comes to technical analysis. You get 110+ indicators, including things like moving averages, which is already better than most other platforms.
On top of this, TradingView is constantly updating with new indicators. Additions like auto trend lines and Fibonacci tools make analysis faster.
No-Code Automation Tool With MT4/MT5
If you’re more into automated trading, then MetaTrader 4 and MetaTrader 5 are the better options. You don’t even need coding knowledge to program MetaTrader’s Expert Advisors. You just describe your strategy to the tool, and it will take care of the rest for you.
If you want to find the right trading platform, my team has developed a quick questionnaire. Try it out below:
3. IC Markets
Average spread
EUR/USD = 0.01 GBP/USD = 0.04 AUD/USD = 0.02
Platforms
MT4, MT5, cTrader, TradingView, IC Markets Mobile App
Minimum deposit
$200
Why We Recommend IC Markets
I rated IC Markets 89/100. Standout features include its ECN execution method, excellent crypto trading conditions, and average spreads of 0.19 pips on the Raw account. You can trade a solid range of 18 crypto CFDs, covering both highly-liquid markets like Bitcoin, and altcoins like Dogecoin. All this is available through the MetaTrader 5 platform.
Trading Central provides professional technical analysis across its 2,100+ markets (including crypto), which is useful for finding trading ideas.
Pros & cons
- Excellent trading conditions with MetaTrader 5
- Solid selection of financial instruments to trade
- Tight spreads from 0.19 pips
- Market research tools need improvement
- cTrader-based mobile app only available for Android
Broker Details
Trade Crypto With MetaTrader 5
When you trade with IC Markets through the MT5 platform, you benefit from the platform’s Depth-of-Markets tool. This means you can look at the liquidity provider’s open order book, gaining a snapshot of where the buying and selling pressure is.
This helps gauge market sentiment on cryptos, and gives real-time supply and demand information so you can time your trades more accurately.
I also found a decent choice of 38+ indicators by default, and over 20+ drawing tools. These features are going to be very helpful in your technical analysis.
IC Markets Has Tight Spreads
My analyst, Ross Collins, tested the Raw account to see how it performed against other brokers using his MT4 platform with IceFX SpreadMonitor EA to capture the average Raw spreads.
Ross found that IC Markets achieved the overall tightest Raw spreads out of the crypto brokers tested, averaging 0.32 pips across 6 majors. Top performers include EUR/USD averaging 0.19 pips, AUD/USD averaging 0.23 pips, and USD/JPY averaging 0.24 pips. All three outperformed the industry average.
| BROKER | EUR/USD |
|---|---|
| IC Markets | 0.02 |
| Fusion Markets | 0.13 |
| ThinkMarkets | 0.1 |
| FP Markets | 0.1 |
| FXTM | 0 |
| TMGM | 0.1 |
| HYCM | 0.1 |
| XM | 0.1 |
| GO Markets | 0.2 |
| Industry Average | 0.22 |
4. FP Markets
Average spread
EUR/USD = 0.14 GBP/USD = 0.33 AUD/USD = 0.34
Platforms
MT4, MT5, cTrader, TradingView, IRESS
Minimum deposit
$100
Why We Recommend FP Markets
I chose FP Markets as the best scalping broker, because of its industry-leading market order execution speed, 96 ms. This provides excellent scalping conditions.
With FP Markets offering cTrader, I found this to be the top option for scalping crypto thanks to its one-click trading and access to Depth-of-Markets tools. The broker doesn’t have the largest selection of crypto markets, only 11, but it does cover major pairs like Bitcoin and Ethereum. You’ve also got more volatile options like Solana.
Pros & cons
- Offers most 3rd-party trading platforms
- Low spreads and commissions
- Excellent collection of cryptocurrencies
- The mobile app has limited features
- A limited selection of markets on MT4 vs. other platforms
- Time-limited demo accounts
Broker Details
Fast Market Order Execution Speeds For Scalping
In his execution speed tests, Ross found that FP Markets had one of the fastest market execution speeds, averaging 96ms. This is achieved because FP Markets is an ECN broker, and matches your orders with other market participants. This gives you faster execution speeds and tighter spreads, perfect for scalping.
Execution speed is a key factor when you’re scalping. You need quick speeds to ensure your trades are filled at the price you request, without being requoted, this is why I highly recommend choosing brokers with fast execution speeds.
FP Markets has 11 crypto markets. These include the main markets like Bitcoin and Etherium, as well as alternatives like Solana and Litecoin for you to scalp.
FP Markets Offers Multiple Scalping Platforms
I found FP Markets’ range of trading platforms are all viable for scalping. These include cTrader, MetaTrader 5, and TradingView.
After testing the platforms, I felt that cTrader was the top choice for scalping. It came preloaded with 67 indicators, 10 chart types, and 130 timeframes. I was particularly impressed with the tick charts, as these help you achieve accurate scalping opportunities.
I think the one-click trading setting is my standout scalping feature on cTrader. By reducing the time to place an order, you can capture your scalps faster and maximise profit margins.
The Depth-of-Market tool is also very useful. This shows you where the buying and selling pressure lies in the crypto markets, so you can place scalping trades with higher rates of probability.
5. IG Trading
Average spread
EUR/USD = 0.16 GBP/USD = 0.59 AUD/USD = 0.29
Platforms
MT4, TradingView, IG Trading Platform, L2 Dealer
Minimum deposit
$0
Why We Recommend IG Trading
I chose IG Trading as my top choice if you want to trade all week, as the broker offers weekend markets for its cryptocurrencies using the IG Trading Platform. The broker supports you with 24/7 customer service, so you’ll be able to contact the broker over the weekend for immediate assistance.
The broker achieved 77/100 in my broker reviews, thanks to low spreads starting from 1.13 pips on its Standard account. You can access 17,000 markets, including 31 cryptocurrencies and 97 currency pairs, giving you a decent variety of markets for day trading.
Pros & cons
- Licensed in ten jurisdictions
- The largest selection of assets to trade
- Competitive spreads on the Standard account
- Far fewer tradable assets on MT4 than on the proprietary platform
- Customer service is limited over weekends
- No social trading tools
Broker Details
Trade Crypto CFDs Over The Weekend
As crypto is a 24/7 market, accessing the markets even over the weekend is important. This can be a problem for forex brokers, as they mostly offer only 24/5 assistance. I was impressed that IG Trading bucks this trend, offering weekend markets on Bitcoin, Ethereum, and the Crypto 10 Index (IG’s index of top 10 cryptocurrencies).
As well as crypto, I found IG Trading offers an impressive range of more than 17,000 instruments across lots of different types, the most I’ve seen from a forex broker. These markets include 97 currency pairs, 11,000+ share CFDs, 46 indices plus 14 index options, 42 commodities, and 31 cryptocurrencies.
Low Spreads With IG Trading
When opening my account with IG, I found that it only provides a Standard account. This means you are only paying for the spreads, the trades are commission-free.
While trading I monitored EUR/USD spreads averaging 1.13 pips, which is better than the industry average. I also tested Bitcoin’s spreads, and found these averaged about 40 pips, competitive for this type of market.
| Standard Acount Spreads | EUR/USD | USD/JPY | GBP/USD | AUD/USD | USD/CAD | EUR/GBP | EUR/JPY | AUD/JPY |
|---|---|---|---|---|---|---|---|---|
| IG Group Average Spread | 1.13 | 1.12 | 1.66 | 1.01 | 1.98 | 1.71 | 2.27 | 2.06 |
| Industry Average Spread | 1.1 | 1.4 | 1.5 | 1.4 | 1.7 | 1.4 | 1.9 | 2.0 |
Excellent Trading Platforms with IG Trading
IG Trading offers a wide range of platforms to execute your trades, including MetaTrader 4 and ProRealTime, both excellent for technical analysis. However, I found myself enjoying the IG Trading Platform. While this is a web platform, it has many features that compete with desktop platforms like MT4 and TradingView.
The platform includes 40 indicators, which can be applied to your charts. You can also customise the settings to tailor your strategy, which many other web platforms don’t allow.
I also found that the platform had advanced charting tools such as the Signal Centre. This is very useful for generating new trade ideas, using solutions from Autochartist and PIA First.
Although the IG Trading Platform is excellent for executing and analysing, I did find it lacks the ability to automate trades. This might be a negative aspect for you if you are a big fan of automation.
6. AvaTrade
Average spread
EUR/USD = 0.8 GBP/USD = 1.2 AUD/USD = 0.9
Platforms
MT4, MT5, AvaTradeGo, AvaOptions
Minimum deposit
$100
Why We Recommend AvaTrade
AvaTrade is my choice for day trading cryptos thanks to its fixed spreads from 0.90 pips. It also offers a strong range of 180+ markets, including 17 cryptocurrencies. All this contributed to a respectable enough overall score of 60/100.
The fixed spreads mean you always know what the cost is going to be, regardless of market conditions. This offers valuable stability, especially when you consider how volatile crypto can be.
On top of fixed spreads and range of markets, I found the AvaTradeGO platform useful for day trading with 90+ indicators and market sentiment indicators to help gauge market direction.
Pros & cons
- Excellent fixed spreads
- Solid trading platform with AvaTradeGO
- Decent range of markets
- Market analysis resources are lacking
- High inactivity fees
- Limited educational resources
Broker Details
Trade Crypto With Fixed Spreads
AvaTrade’s fixed spreads stand out in my tests. They can provide some stability while you are day trading the volatile crypto markets.
You might find this helps you reduce the cost of your trading, when compared with variable spread markets. But bear in mind this won’t always be the case.
On Bitcoin for example, I found that AvaTrade charges a spread of 0.10% of the asset’s value regardless of the market volatility. This works out around 92 pips at the time of writing, which is more expensive than other brokers like Eightcap and Pepperstone that offer variable spreads.
However, based on my experience, these variable spreads can widen to 100+ pips. This can happen at any point during the day, with no warning. I’ve seen other brokers’ spreads triple during macroeconomic announcements, so the stable 92 pips is still an appealing option for day trading in my opinion.
Competitive Fixed Spreads
If you want to trade other markets, AvaTrade provides more than 180, including 55 forex pairs. These forex pairs offer true fixed spreads.
With AvaTrade’s Standard account, the fixed spreads on EUR/USD are 0.90 pips. This is better than the industry average, and even beats many variable spread brokers.
| Broker | Avg. EUR/USD Spread (Standard Account) | Fixed/Variable Spreads |
|---|---|---|
| IC Markets | 0.82 | Variable |
| AvaTrade | 0.90 | Fixed |
| XTB | 0.90 | Variable |
| Eightcap | 1.00 | Variable |
| eToro | 1.00 | Variable |
| FP Markets | 1.10 | Variable |
| Pepperstone | 1.10 | Variable |
| IG Trading | 1.13 | Variable |
| Plus500 | 1.20 | Variable |
Advanced Trading Tools With AvaTradeGO
In addition to ideal trading conditions, I found the AvaTradeGO platform offered all the resources day traders need. These include 90+ indicators like the MACD, as well as a market sentiment indicator.
The market sentiment indicator is excellent for day trading as it provides a top-down view of where AvaTrade clients are going long or short on a particular asset. I believe tools like this can be really helpful for day traders, as they offer a quick and easy way to gauge the overall feeling in the wider market.
7. Plus500
Average spread
EUR/USD = 0.8 GBP/USD = 1.6 AUD/USD = 1Updated 27/03/2026
Platforms
Plus500 Trading Platform
Minimum deposit
$100
Why We Recommend Plus500
I gave Plus500 58.8/100 in my broker analysis. The broker scored highly for its Plus500 trading platform and 2,800+ CFD markets, which cover everything from crypto to share CFDs. I was impressed by the +Insights tool, which helped me see which cryptos were popular and view the percentage of long and short trades in each market.
Other features Plus500 offers that I found valuable include guaranteed stop-loss orders (GSLOs) to protect trades from slippage, demo account to practice with and a Trading Academy to learn Forex. All these tools allow you to practice, build confidence, and understand the risks before trading with real capital.
Pros & cons
- Excellent trading platform with +Insights tool
- Solid selection of financial instruments beyond crypto CFDs
- Has guaranteed stop-loss orders
- Limited education content and market analysis tools
- Proprietary platform may not meet the needs of active traders
- High trading fees
Broker Details
Trading Platform With Risk Management
Plus500 offer a guaranteed stop loss order as a risk management tool. For a small premium, you can protect your trades from slippage by guaranteeing your trades will be closed at your the price you set to sell. Given cryptocurrencies are notoriously volatile, this GSLO means the choice to use Plus500 can make sense over those without this feature.
+Insights Tool Provides Sentiment Analysis
The standout feature I found on the platform was “+insights”, which is Plus500’s sentiment analysis tool. I like that it aggregates all client positions and shows you what asset is trending, breaking it down further to show the split between buyers and sellers.
I like that the tool also shows which assets have generated the most profits for its clients over the previous day, week, and month. I think this can help you find potential new markets to trade based on the recent success of other traders.
Decent Range of Crypto Markets
After opening my Plus500 Standard account, I found that the broker offers 25+ CFDs on crypto, including major coins like Bitcoin, XRP, and Ethereum.
While the selection isn’t as large as some other brokers, like Eightcap, it covers the most liquid and popular cryptocurrencies. With over 25 cryptos to choose from Plus500, the Plus500 demo account and Trading Academy are good ways to get exposure to CFD cryptos before trading with your own funds.
*Your capital is at risk ‘76% of retail CFD accounts lose money’
8. XTB
Average spread
EUR/USD = 0.9 GBP/USD = 0.14 AUD/USD = 0.13
Platforms
MT4, xStation 5, xStation Mobile
Minimum deposit
$0
Why We Recommend XTB
If you like to trade Bitcoin and Ethereum against other cryptos, I found XTB to be the best broker. It offers 9 Bitcoin and 3 Ethereum crosses, the most of any broker I’ve tested. Outside of these crosses, the broker offers more than ten cryptocurrencies. You can trade all these on the proprietary XTB Trading Platform.
In my tests, I scored XTB 57.3/100. While this is not the highest score, I did find the broker to be decent overall. There are more than 1,900 markets, and low Standard account spreads averaging 0.90 pips on EUR/USD. It was the limited trading platform selection that let the broker down, as this restricts the ways in which you can trade.
Pros & cons
- No minimum deposit
- Decent standard account spreads
- Best broker for Bitcoin and Ethereum crosses
- Inactivity fees charged
- Lacks choice of trading platforms
- Live chat responses can take up to 15 minutes
Broker Details
Trade Bitcoin and Ethereum Crosses
During my tests, I found that XTB offers an impressive selection of cryptocurrency markets. One of the most impressive aspects was its nine Bitcoin crosses, including DSH/BTC, IOTA/BTC, and LTC/BTC, and its 3 Ethereum crosses (ETH/BTC, TRX/ETH, and EOS/ETH).
These crypto crosses allow you to potentially hedge your trades, or exploit price divergences. In other words, you have more ways to profit in the crypto markets. However, compared to trading against fiat currencies, the risk will be higher. The spread will also be much wider due to the asset’s higher volatility and lower liquidity.
XTB is a multi-asset broker which offers more markets than just crypto. I found that you have access to 48 forex markets, so you can transition between traditional and cryptocurrency trading with a single trading account.
In addition to forex markets, you can take advantage of 1,848 share CFDs, 30 indices, and 23 commodities. This is a solid range of markets to explore and trade.
Low Standard Account Spreads On XTB
My tests uncovered competitive spreads on the Standard account. I found an average spread of 0.90 pips on EUR/USD, 25% lower than the industry average.
| Standard Account Spreads | EUR/USD | AUD/USD | EUR/GBP | GBP/USD | USD/JPY |
|---|---|---|---|---|---|
| 1.30 | 1.70 | 1.20 | 1.50 | 1.90 | |
| 1.10 | 1.10 | 1.20 | 1.20 | 1.30 | |
| 0.10 | 0.10 | 1.27 | 0.12 | 0.11 | |
| 1.40 | 1.40 | 0.36 | 1.60 | 1.50 | |
| 1.00 | 1.20 | 1.00 | 1.00 | 1.10 | |
| 1.06 | 0.99 | 1.18 | 1.77 | 1.12 | |
| 1.28 | 1.48 | 1.47 | 1.51 | 1.49 | |
| 1.10 | 1.40 | 1.30 | 1.40 | 1.20 | |
| 1.10 | 1.20 | 1.60 | 1.20 | 1.10 | |
| 1.00 | 1.00 | 1.50 | 2.00 | 1.00 | |
| 0.83 | 0.83 | 1.01 | 0.86 | 0.88 | |
| 0.80 | 0.90 | 1.50 | 1.50 | 2.10 |
Avg. spreads are taken from each broker's website and updated monthly. Last update on 1 Sep 2026
XTB’s overall average spread for the top 5 major pairs was 1.36 pips, this is below the industry average of 1.52 pips.
| Top 5 Most Traded Average Spread | |
|---|---|
| BROKER | Major Pair Average Spread |
| XTB | 1.36 |
| IC Markets | 0.76 |
| Eightcap | 1.06 |
| Go Markets | 1.08 |
| ThinkMarkets | 1.22 |
| Axi | 1.24 |
| FP Markets | 1.30 |
| IG | 1.38 |
| Pepperstone | 1.40 |
| Blackbull Markets | 1.42 |
| Industry Average | 1.52 |
9. eToro
Average spread
EUR/USD = 1 GBP/USD = 2 AUD/USD = 1
Platforms
eToro
Minimum deposit
$50
Why We Recommend eToro
I chose eToro as the best broker for copy trading, where you can copy trade 233 cryptocurrencies with the broker’s intuitive CopyTrader platform. You have a choice of over 2 million copy traders, who can be filtered based on your trading needs.
eToro offers the cheapest copy trading platform. You’ll get spreads starting from 1 pip with no commissions, including on share CFDs. This is great for keeping your costs simple, right across more than 6,000 financial markets.
Pros & cons
- Copy trading on over 6,000 products
- A platform designed for social trading
- Easy-to-use portfolio features for casual traders
- Small withdrawal fees
- Does not support algorithmic trading strategies
- Not an ECN broker
Broker Details
Crypto Copy Trade with CopyTrader
In my experience, there aren’t many copy trading platforms that specialise in crypto trading. This is why I think eToro is a great broker in this category, it offers more than 6,000 markets, including crypto instruments.
eToro makes 233 cryptocurrencies available to copy traders. A word of warning here, though: you do not have direct control over the markets you trade in, as this is decided by the trader you are copying.
That said, you can filter your copy trading candidates, and find one whose trading style best suits your own objectives.
Top Copy Trading Tools
The CopyTrader platform is excellent as it provides 14 metrics for customising your searches. This makes it much easier to find the right traders to follow. I found I could filter my searches according to the type of market, current profit-and-loss, and number of followers.
Another metric I found really useful was follower growth. This is a big indicator of current performance. If the trader is performing well, you’ll see a surge in followers. If they are losing followers, this suggests they are underperforming.
After choosing your traders to copy, you can simply mirror their trades This means you will either profit from their expertise, or experience their losses. I think this can be a good way to gain exposure to high-risk assets like crypto if you don’t have a strong background in the market.
Low Copy Trading Costs
What also impressed me was that the eToro Standard account was spread-only, so you can trade on spreads starting from 1 pip on EUR/USD, with no commission.
This is actually quite notable. I’ve found that copy trading platforms normally put a larger markup on their spreads, so finding competitive spreads while also avoiding commissions is quite a big deal.
What Are Crypto CFDs
Cryptocurrency CFDs are a way to speculate on fluctuations in the cryptocurrency market without actually owning the coins themselves.
When you trade contracts for difference (CFDs), you don’t purchase the underlying asset. Instead, you use market analysis to predict whether the price of a given financial instrument will rise or fall.
If you correctly predict the price movement, your broker will pay you the difference between your entry and exit price. If you’re wrong, you’ll pay your broker.
When you buy and hold cryptocurrencies, on the other hand, you’ll use a digital wallet to create an account on a crypto exchange linked to a blockchain. From here, you’ll purchase or sell tokens using either fiat or digital currency.
Buying and selling cryptocurrencies like this can be profitable, but you can only profit from rising market prices. CFDs give you a way to profit no matter which way the market is moving.
Where Can You Buy And Sell Cryptocurrencies?
There are many methods you can use to buy and sell cryptocurrencies. The easiest way I have found is through regulated forex brokers like Eightcap as you can sign up with the broker, fund your account, and speculate on crypto CFDs using leverage.
You will find all the major crypto markets, and more, offered by regulated brokers. Even better, your accounts are protected by licensing authorities. Leading bodies like ASIC, FCA, and CySEC help to ensure security and transparency when you trade.
Alternatively, you can buy and sell through cryptocurrency exchanges like Binance, Kraken, and Coinbase. These exchanges provide access to a large range of crypto and altcoins. However, you will need a crypto wallet to store your currency, and leverage is not offered.
The least liquid way is through Peer-to-Peer (P2P) platforms. Here, you’ll be trading directly with other cryptocurrency holders. So you may get better rates, though it will typically be harder to find a buyer.
Which Broker Has The Largest Cryptocurrency Range for Trading?
In my tests, I found that Eightcap is the broker with the largest cryptocurrency range. They provide more than 95 crypto CFDs to trade. The broker offers competitive spreads, and also provides research materials for crypto trading.
Eightcap supports the MetaTrader 5 and TradingView platforms.
What Is Bitcoin Trading?
Bitcoin trading is the activity of buying and selling Bitcoin on exchanges, aiming to profit from price rises. You can trade Bitcoin 24/7 on multiple exchanges, and it is the largest cryptocurrency by market cap, which makes it an attractive investment.
You should note that this is not the same as trading a Bitcoin CFD via an online forex broker.
How Do You Buy And Sell Bitcoin?
To buy and sell Bitcoin, you will need to open an account with a crypto exchange that offers it, look for the BTC tradable symbol. You may also need to open a crypto wallet, though some exchanges will offer a wallet for you automatically.
Otherwise, trading Bitcoin doesn’t differ much from trading other financial products like stocks or bonds. You buy the underlying asset in a down market, then sell when the price goes up.
Which Broker Is Best For Bitcoin Trading?
From my tests, I found that Eightcap is the best crypto broker for Bitcoin trading, with 95+ cryptocurrencies to choose from using MT5 and TradingView and 79 with MT4. You can also automate your crypto trading using Expert Advisors or Capitalise.ai.
Can You Trust Cryptocurrency Brokers?
Yes, you can trust licensed, regulated cryptocurrency exchanges and cryptocurrency CFD brokers. While trading crypto is an inherently high-risk activity, trading through a licensed broker reduces the risk associated with unethical practices, fraud, or scams.
Is Crypto Trading Risky?
Yes, trading cryptocurrency is risky, but I believe you can manage this risk so it aligns with your investment goals. The crypto market is known for large price movements over short periods and reacting aggressively to market news, more than you’d expect from stocks and forex.
This may not work if you prioritise security, but it’s great if you day trade based on short-term volatility.
Are CFD Brokers With Crypto Regulated?
The best cryptocurrency CFD brokers are regulated, and usually licensed by multiple Tier-1 financial regulators. IG Trading, for example, holds licenses to operate as a financial services company in ten different countries, including Australia, the UK, the USA, and Singapore.
Trading cryptocurrencies is not available in all countries. The UK is one example where retail investor accounts cannot trade crypto CFDs, even if the broker is regulated. This is due to restrictions from the FCA.
Not all CFD brokers are licensed, however, and it’s important to check the status of your preferred broker before opening an account. Unregulated brokers and crypto exchanges may offer perks like higher leverage and fewer verification requirements, but you’ll have few (if any) avenues for recourse if things go wrong.
What Is The Leverage For Crypto?
Even high leverage forex brokers can only offer 2:1 leverage on crypto instruments, as per ASIC regulations. I’ve seen leverage go as high as 1:400 for offshore brokers, regulated by authorities such as the Seychelles Financial Services Authority (FSA).
As cryptos like Bitcoin are very volatile, I’d recommend choosing lower leverage, especially if you’re a beginner trader.
What Are The Most Popular Cryptocurrencies To Trade?
The most popular cryptocurrencies to trade based on market capitalisation for 2026 according to Binance:
| Cryptocurrency | Market Cap |
|---|---|
| Bitcoin | $1,873.27B |
| Ethereum | $409.25B |
| Tether | $138.95B |
| XRP | $120.25B |
| BNB | $101.95B |
| Solana | $93.40B |
| Dogecoin | $47.05B |
| USD Coin | $43.62B |
| Cardano | $30.48B |
| TRON | $21.97B |
Trading With Crypto CFDs vs Actual Cryptos
The table below explains the differences between CFD Trading and trading actual cryptocurrency.
| Crypto CFDs | Crypto Tokens | |
|---|---|---|
| Own underlying asset? | No | Yes |
| Profit in rising and falling markets? | Yes | No |
| Need a digital wallet and cold storage? | No | Yes |
| Legal in all jurisdictions? | No | No |
| Regulated? | Yes | In some jurisdictions |
How To Choose A CFD Crypto Broker?
There are many features I look for when choosing a CFD crypto broker. I’ll break them down below:
1. Regulation
It is vital that you choose a regulated cryptocurrency broker. Regulators like ASIC provide a strict framework for brokers like Eightcap to follow, ensuring you get transparent and fair trading conditions while protecting your trading capital.
Unregulated brokers that do not have an obligation to hold the same high standards can easily commit unethical activities that may put you at a disadvantage to lose your money.
2. Trading Fees
Low trading fees should be the priority for you, as they can eat into your profits. Most CFD brokers provide Standard accounts that are spread-only pricing and zero commission, which I think is the best option for crypto trading.
Aim for crypto spreads of below 0.8%. For forex trading, look for 1 pip or below on highly liquid pairs like EUR/USD. Alternatively, Raw and ECN accounts offer tighter spreads with low commissions, but these can vary greatly.
Beyond direct forex fees, check to see if your preferred broker charges ‘hidden’ fees to administer your account. A mandatory minimum deposit, withdrawal fee, or inactivity fee can also reduce potential profits.
3. Trading Conditions
I always recommend opening a demo account with your prospective broker to test their trading conditions by placing trades. Having fast execution speeds ensures your orders are filled at the price you expect. This is why I like to use ECN brokers, because they match your orders with other participants almost instantly.
Having slow execution speeds can result in price rejections and slippage that will cost you, especially with fast-moving crypto markets.
4. Trading Platforms
Good crypto CFD brokers should support the most popular trading platforms like TradingView, MT4, and MT5. Most brokers offer at least one of these platforms, so you should choose a broker that provides the platform you like to trade with.
5. Customer Service
I always test a broker’s customer service to see how they handle my questions. Poor support can frustrate me, and potentially cost money if I have a technical error with an open trade.
You want to test your broker with questions to see how prompt and knowledgeable they are about the product, and ideally choose one with live chat and phone support.

Which Is The Best Platform For Trading Crypto?
Of all the trading platforms I’ve used for crypto, Eightcap’s MetaTrader 5 offering is the best option. I found with Eightcap’s MT5, you get access to automated crypto trading, low spreads and other charting tools like depth of markets tools and one-click trading.
The MT5 platform has a feature for every trading style, whether you’re a beginner, algo trader, scalper, or day trader. Eightcap also offers access to MetaTrader 4, TradingView and Capitalise.ai.

Is MT4 A Good Platform To Buy Cryptos?
Yes, MetaTrader 4 is a popular forex trading platform and is also an excellent choice for crypto CFD trading. Key features that will appeal include:
- Simplicity and Popularity: MT4 is a tried-and-tested platform. More crypto traders use this platform than any other, and more brokers offer this platform.
- Expert Advisors (EAs): MT4 comes with a large library of EAs and indicators. Should you wish to automate your crypto trading, this is a feature that will appeal.
- Technical Analysis Tools: With 24 analytical options, 30 technical indicators, and the ability to build or buy custom indicators, MT4 has the major tools you need to trade with.
Just note that MT4 is built for Forex, so it is designed with decentralised trading in mind. While most cryptos don’t require a central exchange, there may be some that do. For this reason, MT5 could be a better choice.
FAQs
What platform should I use to trade Bitcoin?
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Which Bitcoin Forex Broker Has The Lowest Fees?
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What are long and short positions in crypto CFDs trading?
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Can You Automate Crypto Trading in Australia?
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About the author
Justin Grossbard is the CEO & Co-Founder of CompareForexBrokers established in 2014, along with Noam Korbl and works as Strategic Head Of Research.
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