Topic: Forex brokers with Bitcoin as funding option (Read 172 times)

I have been using Finprotrading for crypto trading, they are good.     

It’s a personal choice. Both hodling and trading can be risky as well as profitable.

I have shifted to bitcoin for funding my trading account and I definitely agree that it’s the most convenient method. Also it is more secure, you are not required to give your bank details and can simply deposit and withdraw through bitcoin.

Thanks for sharing this list of forex brokers. Helpful for anybody looking for the best crypto broker. I like that they also offer high leverage for crypto trading. The best part about crypto cfd trading is that you can earn profits without having to worry about storing your coins safely. The best crypto broker for cfd  trading gives you access to a variety of trading tools and lets you go either direction, be it long or short, to earn profits.

Those brokers I never used but I used similar ones about 10 years ago when trading forex. When you take a trade, the trade is not routed to an actual exchange, you are trading against the broker and not exchange. So if you lose money then everything is great.

The issue is when you make a profit. They will freeze your account typically and say you violated some terms. The most common one these brokers use is saying that their feed was lagging and you knew prices ahead of time and took advantage. That’s a big no and they will close your account, forfeit the profits and you might get your deposit back if you are lucky.

Stay away from them.

Generally I agree, we have to fight with bucket shop brokers that never release our trading orders to global financial markets. They are famous with hunting stops or even adjusting price levels according to their fake ToS written in favor of house.

OP, if you looking for reliable forex brokers, better use Oanda or Ftx markets instead of small companies. For leveraged crypto trading, mentioned crypto exchanges or ByBit are best alternatives, IMHO.

You can also consider on visiting Tradersway.com..

You could also check out this lists too.

https://www.fxempire.com/brokers/best/accepting-bitcoin
https://www.allfxbrokers.com/brokers/deposit-options/bitcoin

But XM would be the best choice for me just like on what previously suggested.

This is not about micro lots or small deposit to test run. I doubt if every trading broker don't provide same. All brokers operate same aay regarding trading tools except with very minor difference. Well you have said withdrawal are not problem depending on the individual to do there own research before transferring money.

Great option! Thank you for sharing it here.

Trading cryptos through brokers is cheaper because the trading costs are lower. However if you are not good at trading you are going to lose whether you are trading through a broker or an exchange.

I don’t see limited options as a problem because all these brokers offer popular pairs and I don’t think anyone would like to withdraw their profits in lesser known cryptocurrencies. Also, these are just funding methods, you can trade forex, commodities and indices as well with them.

I really appreciate your concern and I know how hard it can be when you can’t withdraw your profits. You not only lose money but your precious time and efforts also. All these brokers that I’ve mentioned are low deposit brokers and offer micro lots. In case of any doubt, one can test them by withdrawing small profits initially. If you find anything fishy you can always step back.

Don't let those brokers to use your money to make profit instead of you, I don't trust any brokers honestly and I trade on my own, I may not be a professional trader but at least I know how to buy and sell and to analyze the basic trend on the market, which I think is way better.

Learn trade on your own, and if you're a busy person you can just use BOT in trading and use their default set-up, or if you want to be more safe just buy good coins and hold it. There's a lot of trust issues with those brokers, you might ended up as a victim of scam.

Do you have experience with any of these brokers? They all are non dealing desk brokers which are considered best for the fact that they don’t manipulate your trades or don’t take counter position. Furthermore, they also charge their fees in spreads and commissions just like Binance and FTX.

Thank you for your contribution. I’ve been using FinproTrading for a while now and have used Tradersway also. With both these brokers I never faced issues in withdrawals. For other brokers, I looked into different forums to check customer’s reviews and also read the broker's policies carefully.

I agree with @palle11. You should provide some background and feedback regarding these brokers included on your list, OP. It is indeed crucial for this to have a comprehensive narrative than of being just a list since it may lure those who have little knowledge to jump right into it. I think that somehow it is a huge responsibility to enlighten readers as we post something here in the forum. Looking forward for this, OP, and will be highly appreciated.

Thank you so much for this OP been looking for a while a good reputable one.

Yeah, the trust issue is gonna be there if we gonna put our money into some else’s pocket and let them give authority to use it. Well, this reminds me of my favourite movie WOLF OF WALL STREET. I don’t know but after watching that particular movie I’m really surprised to see if all brokers are the same or what. After watching that movie I’m sure all the brokers are very much motivated to make money by looting their clients lolz.

Well, it’s just that I hate to trust with the money and third person getting involved into it.

Better go slow and grow your money by yourself.

In my opinion Brokers will only take your money with the lure of profit offers. However, when one really wants to enter the world of trading, be it on Forex or any other exchange, they just need to learn the basics first in analyzing all trading strategies. instead of paying the broker you will only be charged 2x. That is even if it comes back with funds safe. No trading advice but control over you. Especially with Bitcoin, it's enough for you to hold it.

Confirm XM.com
I used it in past (with FIAT currency)

Just a difference from XM and SimpleFX - Evolvemarkets : last two don't require KYC.

You can add one more to the list, XM.COM since 2009.

Mentioned brokers are relatively new, so not really trustable.

SimpleFX and Evolvemarkets offers their service since 2015 so they are more than trustable (you can found their topic on servive board too)

It's always good to have brokers and that what i see in some traders in the internet, i mean for them its worth.. but seems expensive especially if you're not good enough in trading, wherein how can you pay brokers every month if you don't have a stable win rates for every trades. Lol probably next time once all is fine for me. Indeed you can trade crypto without brokers..

Cryptocurrency is best traded on exchange. My issues with forex brokers is their charge during withdrawals along side the limited options available which is only been able to trade your coin before you make a profit but using exchange you can easily switch between trading, holding, staking or even farming. For me brokers are best for fiat currency pairs, metals , stocks I just feel crypto trading should be left to exchanges

Maybe currency.com is an option. There you can trade tekenized assets like Forex, stocks etc. it’s an regulated broker.

I will suggest you give us review of those platforms you listed or link for interested people to research on them for trust sake. It is not just to list brokers accepting bitcoin deposit but how trustworthy are they in every aspect of trading plus manipulation or withdrawal. It is a sensitive post that you have made and I hope newbies won't start patronising them but won't be able to withdraw profit. Trading is about our capital involved and we have to be careful whose custody we keep it. Accepting bitcoin is not just what matters as far brokers is the issue.

No don’t use any of those brokers. You will never see your money ever again. They are known as bucket shop brokers and they don’t trade on the open markets. When you open a trade you are trading against them, and only way you make money is if they lose money. And they will use every excuse in their terms not to pay out.

Use a real broker like Binance or FTX. You are trading against other traders there and the exchange doesn’t care if you win or lose. They only get paid with their commissions.

It's good to have forex trading platforms allow their subscribers opportunity of funding their accounts through cryptos. Invariably, what that means is that these platforms will also have crypto pairs they trade. It's an innovation to capture traders' interest and make trading easy too. However, one has to be careful of trading platforms one chooses because we've seen cases where rogue platforms make it impossible for traders to withdraw their profits. It's real sad that at the end of toiling one doesn't get to reap the sweat of one's engagements. Did you prone those platforms you listed there or you just picked them at random? Can they be trusted?

BTW, Binary.com (Now Deriv) also allows for crypto funding for those who trade indices like V75 etc.

The growing popularity of cryptocurrencies has drawn the interest of many forex brokers who are looking to expand their customer base. In order to attract new customers, many brokers are trying to come up with better offerings and have started accepting cryptocurrencies as the payment method. Funding your trading account with cryptocurrencies can make the process quick, secure and convenient. However there are still many brokers who are providing the same old methods of deposit and withdrawal. Here is a list of some reliable forex brokers who lets you fund your forex trading account in bitcoin:

1. Coinexx
Funding cryptocurrencies: Coinexx accepts deposits in more than 25 cryptocurrencies including Bitcoin, Litecoin, Ethereum.
Minimum deposit amount: 0.001 BTC
Spreads: Starting from 0.0pips
Leverage on forex pairs: 500X
Leverage on crypto pairs: 5X
Deposit fees: No

2. Cedarfx
Funding cryptocurrency: Bitcoin
Minimum deposit amount: $10 for bitcoin deposit, $50 for other methods
Spreads: Starting from 0.4 pips
Leverage on forex pairs: 500X
Leverage on crypto pairs: 100X
Deposit fees: No

3. Tradersway
Funding cryptocurrency: Bitcoin, Ether, Litecoin, Ripple, Tether, USDC, TUSD
Minimum deposit amount: $10
Spreads: Starting from 0.0pips
Leverage on forex pairs: 500X
Leverage on crypto pairs: 20X
Deposit fees: Yes

4. EagleFx
Funding cryptocurrency: Bitcoin
Minimum deposit amount: $10
Spreads: Starting from 0.21 pips
Leverage on forex pairs: 500X
Leverage on crypto pairs: 100X
Deposit fees: No

5. FinproTrading
Funding cryptocurrency: Bitcoin. Litecoin, Ethereum and 18 more cryptocurrencies
Minimum deposit amount:$5
Spreads: Starting from 0.0pips
Leverage on forex pairs: 5X
Leverage on crypto pairs: 500X
Deposit fees: No

Do you know any other brokers who accept crypto deposits? If yes, feel free to comment down below and help other traders by making their research narrow.