Introduction
Cryptocurrency is one of attractive trading instruments for specific traders. In case a broker can offer cryptocurrency as their tradable assets, it must be great advantage for such traders.
Through our review of reliable forex brokers, we pick up three rare brokers which can offer cryptocurrency as trading instruments.
Comparison
HotForex |
Exness |
FXGT |
|
| Trading instruments of cryptocurrency | 12 items BCHUSD, BNBUSD, BTCEUR, BTCUSD, EOSUSD, ETHEUR, ETHUSD, LTCEUR, LTCUSD, XLMUSD, XMRUSD, XRPUSD |
7 items BCHUSD, BTCJPY, BTCKRW, BTCUSD, ETHUSD, LTCUSD, XRPUSD |
13 items BTCUSD, BTCJPY, ETHUSD, ETHJPY, XRPUSD, XRPJPY, LTCUSD, LTCJPY, BCHUSD, BCHJPY, XRPBTC, ETHBTC, LTCBTC |
| Leverage of trading cryptocurrency | Fixed 1:10 (XRPUSD 1:5) |
Fixed BTCUSD, BTCKRW and BTCJPY 1:100 Others 1:20 |
Variable Maximum 1:500 (Tier1 Volume 0-10,000USD) |
| Account currency by cryptocurrency | No | No | Yes (Bitcoin, Ethereum, Tether, Ripple) |
| Deposit and withdrawal by cryptocurrency | No | No | Yes (Bitcoin, Ethereum, Tether, Ripple) |
| >> Go to website | >> Go to website | >> Go to website |
Conclusion
Both HotForex and Exness are huge brokers and have been operating for long years, and already established global reputation and reliability.
On the other hand, FXGT is brand-new broker, and has just established at end of 2019. But they have smart business philosophy as “Forex Crypto Hybrid Broker”. FXGT is affiliated entity of “CryptoGT” which is one of cryptocurrency exchange. So FXGT has special resource to handle cryptocurrency.
After comparison of above three brokers, our conclusion is as follows.
Answer: Best forex broker for trading cryptocurrency is “FXGT”.
To compare with other two big brokers (HotForex and Exness), advantages of FXGT for trading cryptocurrency are quite clear as follows.
- Number of tradable cryptocurrencies is 13
- Leverage of cryptocurrency of FXGT is extremely high (Maximum 1:500)
- Only FXGT accepts cryptocurrency as account currency
- Only FXGT accepts cryptocurrency as deposit and withdrawal method
Maybe most of readers of our website already know HotForex and Exness are very reliable and attractive. But about this topic, we strongly recommend FXGT for one of your brokers. You can trade cyrptocurrency even in weekend at FXGT. In addition, FXGT offers attractive bonus.
In case you want to open account in FXGT, please follow button below.
Also please refer to our review about FXGT below.
