The 4 Best Crypto Brokers for Beginners – Rated and Reviewed. We have listed the best Crypto Brokers for Beginners in 2025.
In this in-depth write-up you will learn:
- A List of the 4 Best Crypto Brokers for Beginners
- Pros and Cons of Forex Trading
- What is Cryptocurrency?
and much, much more!
🔍Forex Broker | ✏️Sign Up Here | 💵Minimum Deposit | ⬆️Leverage |
🥇eToro | 👉 Click Here | $50 USD | 1:400 |
🥈XTB | 👉 Click Here | $0 USD | 1:30 |
🥉HFM | 👉 Click Here | $5 USD | 1:2000 |
🏆FBS | 👉 Click Here | $5 USD | 1:3000 |
4 Best Crypto Brokers for Beginners (2025)
- ☑️eToro – Overall, The Best Crypto Broker for Beginners
- ☑️XTB – Best Proprietary Platform
- ☑️HFM – Best Affiliate Program
- ☑️FBS – Outstanding Mobile Platform
1. eToro
eToro is a well-known social trading platform that allows users to trade a variety of assets, including cryptocurrencies, stocks, forex, and commodities.
It is particularly popular among beginners due to its user-friendly interface, copy trading features, and strong educational resources.
eToro offers a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and more.
🔍Broker | 🥇eToro |
🔢Year Founded | 2007 |
👤Amount of Staff | 1,000+ |
👥Amount of Active Traders | 30+ million |
📌Publicly Traded | None |
📉Regulation | CySec (Cyprus) FCA (UK). |
🌎Country of Regulation | UK Cyprus |
🗂️Account Segregation | ✅Yes |
🌟Negative Balance Protection | ✅Yes |
💙Investor Protection Schemes | ✅Yes (for European clients under CySEC regulation) |
➡️Institutional Accounts | None |
🫴🏻Managed Accounts | None |
💴Minor Account Currencies | USD EUR GBP AUD |
💵Minimum Deposit | $10 (varies by region and payment method) |
⏰Average Deposit/Withdrawal Processing Time | Instant for deposits; 1-8 business days for withdrawals |
💳Fund Withdrawal Fee | $5 |
✏️Spreads from | 1 pip |
💶Commissions | Zero commission for stocks, spreads on CFDs |
9️⃣Number of Base Currencies Supported | 9 USD EUR GBP AUD CAD JPY CHF NZD and more |
💷Swap Fees | ✅Yes (overnight fees) |
⬆️Leverage | Up to 1:30 (varies by instrument and region) |
📉Margin Requirements | Depends on asset class |
☪️Islamic Account (Swap-Free) | ✅Yes |
🆓Demo Account | ✅Yes |
⏱️Order Execution Time | Market execution |
🖥️VPS Hosting | None |
👉CFDs-Total Offered | 2,000+ |
📈CFD Stock Indices | ✅Yes |
📉CFD Commodities | ✅Yes |
📊CFD Shares | ✅Yes |
💶Deposit Options | Bank transfer Credit/debit card PayPal Neteller Skrill, and more |
💳Withdrawal Options | Bank transfer Credit/debit card PayPal Neteller Skrill, and more |
📊Trading Platforms | Proprietary eToro Platform (Web and Mobile) |
🍎OS Compatibility | Windows Mac iOS Android |
🔩Forex Trading Tools | CopyTrader ProCharts Trading Signals |
🫴🏻Customer Support | ✅Yes |
🗣️Live Chat Availability | ✅Yes |
💻Customer Support Email Address | Online contact form |
☎️Customer Support Contact Number | N/A |
📱Social Media Platforms | Facebook YouTube |
⚙️Languages Supported on eToro Website | 20+ languages |
🎓Education and Research | ✅Yes |
✏️Forex Course | ✅Yes |
💻Webinars | ✅Yes |
📖Educational Resources | Blogs Tutorials Guides Videos |
🤝Affiliate Program | ✅Yes |
👥Amount of Partners | N/A |
🫰🏻IB Program | None |
🎁Sponsorships | ✅Yes, various sports and events |
🎀Rebate Program | None |
💰Cent or Micro Accounts | None |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅Pros | ❌Cons |
User-friendly platform | Spreads can be relatively high |
Innovative trading features | Trading only available in USD |
Well-regulated | Limited charting tools |
Demo account | Limited customization tools for advanced traders . |
Frequently Asked Questions
What is eToro?
eToro is a multi-asset trading platform that allows users to trade cryptocurrencies, stocks, forex, commodities, and more. It is well known for its social trading and copy-trading features, making it ideal for beginners.
Does eToro allow copy trading for crypto?
Yes, eToro offers a CopyTrader™ feature that allows you to copy the trades of experienced traders. This is great for beginners who want to learn from professionals.
Does eToro offer a demo account?
Yes! eToro provides a free $100,000 demo account, which allows beginners to practice trading before using real money.
Can I use eToro on mobile?
Yes, eToro has a mobile app available for both iOS and Android, allowing you to trade and manage your portfolio on the go.
Our Verdict
eToro is a top choice for individuals beginning their crypto trading journey, providing a simplified platform, educational content, and social trading, which eliminates the need for advanced technical knowledge.
2. XTB
XTB is a globally recognized online broker offering trading in forex, stocks, indices, commodities, and cryptocurrencies. It is known for its fast execution, user-friendly platform (xStation 5), and strong educational resources, making it a great choice for beginners.
XTB allows commission-free trading on crypto CFDs (spreads apply).
🔍Broker | 🥇XTB |
🔢Year Founded | 2002 |
👤Amount of Staff | 1,000+ employees |
👥Amount of Active Traders | Over 495,000 |
📌Publicly Traded | ✅Yes, listed on the Warsaw Stock Exchange |
📉Regulation | FCA (UK) CySEC (Cyprus) KNF (Poland) IFSC (Belize) |
🌎Country of Regulation | UK Cyprus Poland Belize |
🗂️Account Segregation | ✅Yes |
🌟Negative Balance Protection | ✅Yes |
💙Investor Protection Schemes | ✅Yes up to €20,000 under CySEC up to £85,000 under FCA |
🌟Institutional Accounts | ✅Yes |
🫴🏻Managed Accounts | None |
💴Minor Account Currencies | USD EUR GBP PLN |
💵Minimum Deposit | $0 for standard accounts |
⏰Average Deposit/Withdrawal Processing Time | Deposits: Instant to 1 business day Withdrawals: 1-3 business days |
💳Fund Withdrawal Fee | No fees for bank transfers above a certain amount otherwise, charges may apply |
✏️Spreads from | 0.1 pips |
💷Commissions | Commissions apply for certain account types and assets (e.g., stocks, ETFs) |
4️⃣Number of Base Currencies Supported | 4 USD EUR GBP PLN |
💸Swap Fees | ✅Yes depends on instrument and account type |
⬆️Leverage | Up to 1:500 (depending on jurisdiction and asset) |
📉Margin Requirements | Variable, depending on asset and leverage |
☪️Islamic Account (swap-free) | ✅Yes |
🆓Demo Account | ✅Yes |
⏱️Order Execution Time | Average 85 milliseconds |
🖥️VPS Hosting | None |
👉CFDs-Total Offered | Over 2,000 CFDs |
📈CFD Stock Indices | 35+ |
📉CFD Commodities | 20+ |
📊CFD Shares | Over 1,800 |
💶Deposit Options | Bank transfer Credit/Debit card Skrill Neteller PayPal |
💳Withdrawal Options | Bank transfer Credit/Debit card Skrill Neteller PayPal |
📊Trading Platforms | xStation 5 xStation Mobile |
🍎OS Compatibility | Windows macOS iOS Android |
🔩Forex Trading Tools | Advanced charting tools, economic calendar sentiment indicators trading calculators |
🫴🏻Customer Support | ✅Yes |
🗣️Live Chat Availability | ✅Yes |
💻Customer Support Email Address | support@xtb.com |
☎️Customer Support Contact Number | Varies by region (UK: +44 203 695 3086) |
📱Social Media Platforms | Facebook YouTube |
⚙️Languages Supported on Website | Multiple languages including English Spanish French German Polish |
🎓Education Research | ✅Yes |
✏️Forex Course | ✅Yes |
💻Webinars | ✅Yes |
📖Educational Resources | Articles tutorials videos eBooks |
🤝Affiliate Program | ✅Yes |
👥Amount of Partners | Not publicly disclosed |
🫰🏻IB Program | ✅Yes |
🎁Sponsorships | Not currently |
🎀Rebate Program | ✅Yes |
💰Cent or Micro Accounts | ✅Yes micro-lot trading available |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅Pros | ❌Cons |
Regulated Broker | Withdrawal Fees |
Diverse Product Range | Limited Educational Content |
No Commissions on Certain Trades | High Spreads on Some Accounts |
Demo Account Available | Inactivity Fees |
Frequently Asked Questions
What is XTB?
XTB is a global online broker that offers trading in forex, stocks, indices, commodities, and cryptocurrency CFDs. It is known for its user-friendly platform (xStation 5), fast execution, and strong educational resources, making it a popular choice for beginners.
Does XTB have a demo account?
Yes! XTB provides a free demo account with virtual funds, allowing beginners to practice trading before using real money.
Can I trade on XTB using a mobile device?
Yes, XTB offers a mobile app for both iOS and Android, allowing traders to manage their accounts on the go.
Does XTB offer copy trading?
No, XTB does not have a built-in copy trading feature like eToro. However, traders can use advanced analysis tools to follow market trends.
Our Verdict
XTB is a great choice for beginners who want to trade crypto CFDs with a simple, fast, and educational platform. However, traders looking for actual crypto ownership may prefer a dedicated exchange.
3. HFM
HFM is a well-known multi-asset broker offering trading in forex, commodities, stocks, indices, and cryptocurrencies. HFM is regulated in multiple jurisdictions and provides a user-friendly experience, making it suitable for beginners.
Traders can Trade popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC).
🔍Broker | 🥇HFM |
🔢Year Founded | 2010 |
👤Amount of Staff | 200+ |
👥Amount of Active Traders | 2.5 million+ |
📌Publicly Traded | None |
📈Regulation | FSCA DFSA FSA FCA FSC CMA |
🌎Country of Regulation | UK South Africa UAE Seychelles |
🗂️Account Segregation | ✅Yes |
➡️Negative Balance Protection | ✅Yes |
📌Investor Protection Schemes | ✅Yes |
🎉Institutional Accounts | ✅Yes |
👤Managed Accounts | ✅Yes (PAMM/MAM accounts) |
💵Minor Account Currencies | USD EUR GBP JPY AUD ZAR |
💶Minimum Deposit | 0 USD |
⏱️Average Deposit/Withdrawal Processing Time | 1 - 3 business days |
💴Fund Withdrawal Fee | None, but third-party fees may apply |
✏️Spreads | 0.0 pips |
💷Commissions | From $6 per lot (round turn) |
🔢Number of Base Currencies Supported | 12 |
💵Swap Fees | ✅Yes |
⬆️Leverage | Up to 1:1000 |
📉Margin Requirements | Varies by instrument |
☪️Islamic Account (Swap-Free) | ✅Yes |
🆓Demo Account | ✅Yes |
⏰Order Execution Time | < 30ms |
🖥️VPS Hosting | ✅Yes |
📈CFDs - Total Offered | 1,200+ |
📊CFD Stock Indices | 20+ |
✏️CFD Commodities | 20+ |
👉CFD Shares | 950+ |
💳Deposit Options | Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies Local Payment Methods |
💴Withdrawal Options | Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies Local Payment Methods |
📊Trading Platforms | MetaTrader 4 MetaTrader 5 HF App |
🍎OS Compatibility | Windows macOS iOS Android |
🔩Forex Trading Tools | Autochartist Trading Central VPS HFcopy |
🫴🏻Customer Support | ✅Yes |
🗣️Live Chat Availability | ✅Yes |
💻Customer Support Email Address | support@hfm.com |
☎️Customer Support Contact Number | +44 203 097 5796 |
📱Social Media Platforms | Facebook YouTube |
⚙️Languages Supported on Website | Multiple languages, including English, Chinese, Spanish, Arabic |
🎓Education and Research | ✅Yes |
✏️Forex Course | ✅Yes |
🖥️Webinars | ✅Yes |
📖Educational Resources | Articles Video Tutorials eBooks Market Analysis |
🤝Affiliate Program | ✅Yes |
🫶IB Program | ✅Yes |
🎁Sponsorships | ✅Yes |
🎀Rebate Program | ✅Yes |
💰Cent or Micro Accounts | ✅Yes |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅Pros | ❌Cons |
Regulated Broker | Limited Research Tools |
Wide Range of Account Types | Variable Spreads |
Multiple Trading Platforms | Withdrawal Fees |
User-Friendly Interface | Complex Fee Structure |
Frequently Asked Questions
What is HFM (HotForex)?
HFM is a multi-asset broker offering trading in forex, stocks, commodities, indices, and cryptocurrencies. It is known for its low minimum deposit, MT4/MT5 support, and strong regulation, making it a good option for both beginners and experienced traders.
What trading platforms does HFM offer?
HFM supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), making it a great choice for traders who prefer these popular platforms.
Does HFM offer a demo account?
Yes! HFM provides a free demo account, allowing traders to practice before trading with real money.
Does HFM offer copy trading?
Yes, HFM offers HFCopy, a copy trading feature that allows beginners to follow and copy professional traders’ strategies.
Our Verdict
With a low minimum deposit ($5), copy trading options and strong educational resources, it is a great choice for newcomers looking to trade crypto and other assets. HFM is a solid choice for beginners who want to trade cryptocurrencies along with forex, stocks, and commodities in a regulated environment.
5. FBS
FBS is a well-known online broker offering trading in forex, stocks, commodities, indices, and cryptocurrencies. FBS is regulated in multiple jurisdictions and provides a user-friendly experience, making it suitable for beginners.
Traders can trade popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and more.
🔍Broker | 🥇FBS |
🔢Year Founded | 2009 |
👤Amount of Staff | 300+ |
👥Amount of Active Traders | Over 17 million |
📌Publicly Traded | None |
📈Regulation | FSC CySEC ASIC |
🌎Country of Regulation | Belize Cyprus |
🗂️Account Segregation | ✅Yes |
🌟Negative Balance Protection | ✅Yes |
💙Investor Protection Schemes | ✅Yes, under CySEC regulations |
➡️Institutional Accounts | None |
🫴🏻Managed Accounts | None |
💴Minor Account Currencies | USD EUR JPY GBP, and more |
💵Minimum Deposit | $1 |
⏰Average Deposit/Withdrawal Time | Instant to 48 hours |
💳Fund Withdrawal Fee | No fees for most methods |
✏️Spreads from | 0.0 pips |
💷Commissions | From $0 to $20 per lot, depending on account type |
5️⃣Number of Base Currencies | 5+ |
💶Swap Fees | Applicable on most accounts except for Islamic accounts |
⬆️Leverage | Up to 1:3000 |
📉Margin Requirements | Depends on leverage and account type |
☪️Islamic Account (Swap-free) | ✅Yes |
🆓Demo Account | ✅Yes |
⏱️Order Execution Time | From 0.3 seconds |
🖥️VPS Hosting | ✅Yes |
🫴🏻CFDs-Total Offered | 200+ |
👉CFD Stock Indices | ✅Yes |
📈CFD Commodities | ✅Yes |
📊CFD Shares | ✅Yes |
💴Deposit Options | Bank transfer Credit/debit cards e-wallets (Neteller, Skrill, etc.) local payment systems |
💳Withdrawal Options | Bank transfer Credit/debit cards e-wallets (Neteller, Skrill, etc.) local payment systems |
↪️Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) FBS Trader App |
🍎OS Compatibility | Windows macOS iOS Android |
🔩Forex Trading Tools | Economic calendar Forex calculators Market analysis VPS Trading signals |
🫴🏻Customer Support | ✅Yes |
🗣️Live Chat Availability | ✅Yes, 24/7 |
💻Customer Support Email Address | support@fbs.com |
☎️Customer Support Contact Number | Callback Option |
📱Social Media Platforms | Facebook YouTube Telegram |
⚙️Languages Supported on Website | 20+ (including English, Spanish, Portuguese, Chinese, Arabic, etc.) |
🎓Education and Research | ✅Yes |
✏️Forex Course | ✅Yes |
💻Webinars | ✅Yes |
📖Educational Resources | Articles videos eBooks webinars tutorials |
🤝Affiliate Program | ✅Yes |
👥Amount of Partners | 450,000+ |
🫰🏻IB Program | ✅Yes |
🎁Sponsorships | No significant sponsorships |
🎀Rebate Program | ✅Yes |
💰Cent or Micro Accounts | ✅Yes |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅Pros | ❌Cons |
Low Minimum Deposit | High Leverage Risks |
Wide Range of Account Types | Inactivity Fees |
High Leverage | Withdrawal Fees |
Bonuses and Promotions | Commissions on Some Accounts |
Frequently Asked Questions
What is FBS?
FBS is an online broker offering trading in forex, stocks, commodities, indices, and cryptocurrencies. It supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its own FBS Trader app, making it suitable for both beginners and experienced traders.
What trading platforms does FBS offer?
FBS supports: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the FBS Trader App.
Does FBS offer a demo account?
Yes! FBS provides a free demo account, allowing traders to practice risk-free before trading with real money.
Does FBS offer copy trading?
Yes! FBS offers a CopyTrade feature, allowing beginners to follow and copy expert traders.
Our Verdict
FBS is a beginner-friendly broker that offers crypto CFD trading on MT4 and MT5, along with a low minimum deposit, copy trading, and high leverage. FBS is a solid option for beginners looking for a regulated broker with flexible trading options and crypto trading access.
What is Cryptocurrency?
Cryptocurrency is a digital or virtual currency secured by cryptography, making it nearly impossible to counterfeit or double-spend. Unlike traditional fiat currencies, cryptocurrencies are typically decentralized and rely on blockchain technology, which is a distributed ledger maintained by a network of computers (nodes).
Popular cryptocurrencies include Bitcoin (BTC), the first and most recognized cryptocurrency, Ethereum (ETH), known for smart contracts and decentralized applications, Ripple (XRP), used for fast international transactions, Litecoin (LTC), a faster version of Bitcoin, and Binance Coin (BNB), which is used within the Binance ecosystem.
Cryptocurrencies are used for various purposes, including investment, as people buy them hoping their value will increase, for payments, as some businesses accept crypto for goods and services, for trading on exchanges like Binance and Coinbase, and in Decentralized Finance (DeFi), where users can lend, borrow, stake, or earn interest without relying on traditional banking systems.
Pros and Cons
✅Pros | ❌Cons |
User-Friendly Platforms | Crypto CFDs Only |
Educational Resources | Higher Fees Compared to Crypto Exchanges |
Customer Support | Leverage Can Be Risky |
Regulated and Secure | Limited Cryptocurrency Selection |
Fiat Deposits & Withdrawals | Withdrawal Restrictions |
Multiple Assets in One Place | Regulatory Restrictions |
In Conclusion
Now it is your turn to participate:
- Which Crypto for Beginners broker from this list do you intend to test out?
- What was the determining factor in your decision to engage with a certain broker?
- Was it because of the Features or the Pros and Cons?
Regardless, please share your thoughts in the comments below.
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Frequently Asked Questions
Is eToro good for beginners?
Yes! eToro is one of the best platforms for beginners due to its social trading, user-friendly interface, and demo account.
Is XTB good for beginners?
Yes! XTB is a great choice for beginners due to its: Easy-to-use platform (xStation 5), Free demo account, Extensive educational resources, and Commission-free trading on crypto and other assets.
Does HFM offer negative balance protection?
Yes, HFM provides negative balance protection, ensuring you cannot lose more than your account balance.
Does FBS offer bonuses or promotions?
Yes, FBS frequently offers bonuses and promotions, including Deposit bonuses, No-deposit bonuses, and Cashback programs.
What is a crypto broker?
A crypto broker is a platform that allows users to buy, sell, and trade cryptocurrencies. Unlike crypto exchanges, brokers often offer simplified trading, fiat deposit options, and customer support, making them more beginner-friendly.
Can I own actual cryptocurrencies with a broker?
Most crypto brokers only offer crypto CFDs (Contracts for Difference), which means you trade on price movements but don’t own the actual coins. If you want to own real crypto, you should use a crypto exchange instead.
Can I use a demo account to practice?
Yes! Most brokers offer free demo accounts so beginners can practice trading with virtual money before using real funds.
Do crypto brokers offer copy trading?
Yes! Some brokers, like eToro and FBS, offer copy trading, which allows beginners to automatically copy expert traders.