Who should make use of the crypto broker comparison?
Anybody with an interest in cryptocurrencies will benefit from our comparison of brokers with crypto currency. This is because you could get more from each trade by using one of these crypto brokers.
You might think that you’d have to be trading some significant units to really take advantage of the best cryptocurrency brokers UK has to offer. But we’ve found that even complete newbies to crypto trading can get a lot out of going with a decent broker. It doesn’t matter whether you’re into Bitcoin, Ripple, Ethereum or even Monero. Just read our guide to brokers with cryptocurrency to take your trading up a level.
Operator Checklist: Top 5 steps for a secure & fair crypto trading experience
There are plenty of reputable cryptocurrency brokers currently operating in the UK. Here is a quick checklist of how we identify those crypto brokers UK users can trust:
You should never sign up to any UK crypto brokers, exchanges or trading platforms unless you know that they are regulated by the Financial Conduct Authority. The FCA aims to protect consumers by ensuring that only honest and fair financial services companies are allowed to operate.
Secure and encrypted website
You will be providing cryptocurrency brokers will some very sensitive personal and financial information when you use their services. As such, it’s essential that these brokers’ websites are fully encrypted. We like to see SSL-level encryption to make sure that all communication between your browser and the site is hacker-proof.
Positive customer reviews
Crypto users won’t be afraid to voice any criticisms they have of a bad broker. This is why it pays to check around to see if there are any negative reviews of the crypto brokers that you are thinking of using. Such reviews should be taken with a grain of salt, but they can be helpful in giving you a good overview of the broker.
It should always be simple to get in contact with cryptocurrency brokers. UK customers will hope to be able to get in contact with their broker via email, telephone or even live chat. It’s also good to see a physical address for any crypto brokers that you are thinking of using.
Clear terms and conditions
We always like those crypto brokers UK customers can use without any confusion. It’s fairly common to be baffled by the amount of financial information that you are presented with when you use a broker. But this is no excuse for intentionally misleading any customers.
Editor’s recommendation – the best crypto broker in the UK
If you are looking for the best platform to trade cryptocurrency on, you may as well go straight to Etoro. Our Etoro review found that this brand has put on a superior crypto broker service.
Once you’ve signed up to Etoro, you’ll find it easy to buy and sell all of the biggest cryptocurrencies. But as well as trading the likes of Bitcoin, Ripple and Ethereum, Etoro also allows you to trade some big-name stocks like Apple, Amazon, Netflix, Facebook and even gold. This allows you to build a nicely diversified asset portfolio. Buying cryptocurrencies is made easy here as you can deposit with Visa, MasterCard, PayPal and much more.
Just so you know, Etoro is authorised and regulated by the Financial Conduct Authority. There’s also a comprehensive customer support centre, and you can also contact Etoro via its live chat service. Everything you should be looking for in all good crypto trading platforms.
This is how our experts test crypto brokers
We devised a robust test process for finding the best trading platform for cryptos like Bitcoin. Take a look at our Plus500 review for a good example. But just so you know, here are the test categories by which we review all of the UK’s top crypto brokers:
Cryptocurrencies: All brokers with cryptocurrency should feature dozens of top cryptos. We’ll let you know which cryptos you can trade at each online broker.
Other trading: You’ll learn what other trading options the broker has. From stocks to CFDs, you’ll find it all here.
Jurisdictions and limits: We’ll let you know whether the broker is regulated in the UK. After all, there’s no use in signing up to US cryptocurrency brokers. Plus you’ll get to see what limits there might be on your trades, withdrawals and so on.
Fees: Here you’ll get to see the costs involved for using each crypto broker. After all, commission rates can add up significantly.
Security, usability, look and feel: Nobody likes to use a badly designed broker site. So we’ll let you know how professional the online broker’s website is, and whether it has any mobile crypto trading options.
Payments: We’ll reveal how you’ll fund your trading at each crypto broker. Ideally you should find trustworthy payment options like debit cards, bank transfers and ewallets that allow you to deposit in GBP.
Customer service: There might come a time when you need some help with your crypto trading. We’ll show you how responsive and efficient each broker is at handling your queries.
License and security: Here you’ll get to see how the broker looks after your personal data. How the broker is licensed also gives you a big clue as to what kinds of customer protection you’ll receive.
How to trade: You’ll get a quick overview of how you can trade cryptos at each online broker. A simple way to see if this broker is right for you.
Reputation and customer feedback: We’ll let you know whether the crypto broker has a good reputation or whether it should be left well alone.
Conclusion: This will reveal our overall score for the cryptocurrency broker so that you can see whether you should sign up for its services.
Finding the right cryptocurrency broker for you
There are literally hundreds of online brokers who now allow you to trade cryptocurrencies. So why bother going with a substandard crypto trader? After all, you’ve got all of the choice in the world, and we’re here to make sure that your chosen broker gives you the best possible crypto trading service.
The key thing to remember is that all online brokers will offer something different. If you look at our FX Open review and contrast it with what we found in our BDSwiss review, you’ll see that both brokers offer you a varying range of crypto trading options.
While we rank and rate all kinds of brokers, none of these brands will get our seal of approval until we know that they offer a safe, legal and quality crypto trading service. So regardless of whether you’re looking to buy Bitcoin or sell LiteCoin, we’ll be here to find you your perfect cryptocurrency broker.
Most important sections of the site
We’ve worked hard to build you the ultimate resource for everything to do with cryptocurrencies. After all, there are plenty of sites out there that offer substandard information facts about Bitcoin and so on. So we wanted to set the record straight with our crypto resource. Here’s a quick overview of what you can find on our site:
The best crypto wallets – All crypto wallets serve roughly the same function, but they do it in different ways. So we’ll show you which crypto wallets balance up security and convenience in equal measure.
Quality crypto trading sites – We’ll be ranking all of the UK’s top crypto trading sites based on the results of our reviews. Check out our CMC Markets review for a good example.
Discover the truth about crypto mining – Is crypto mining profitable? That’s just one question that we’ll be answering in one of the most overlooked developments of the cryptocurrency revolution. Plus we’ll help you see whether mining offers a decent alternative to just buying cryptocurrencies outright.
Top crypto casinos – Crypto casino gaming is big news. From a simple slots game to a fun table game like roulette, we’ll guide you to those crypto casino sites that you can trust.
All about crypto betting – Ever wanted to bet on sport with a Bitcoin deposit? We’ll reveal those forward-thinking sports betting sites that now take crypto payments and pay you your winnings in cryptos too.
Discover the ultimate cryptocurrencies – Cryptos aren’t all about Bitcoin. We’re here to tell you about all of the most exciting alternative cryptocurrencies like XRP, ETH, LTC and much more. Don’t forget that each review that we create like our XTB review will reveal which cryptocurrencies are featured at each crypto broker.
Conclusion – Our final words on cryptocurrency brokers for the UK
By now you’ll have everything you need to know about crypto trading brokers. You’ll understand that there are many different components that should guide your choice about which broker you use for your crypto trades. Obviously, the broker’s choice of featured cryptos is hugely important. But equally important is that the broker is regulated in the UK by the Financial Conduct Authority.
Thankfully we’ve assembled a fantastic collection of broker reviews that give you a quick and easy way to find safe and legal trades for a huge variety of cryptocurrencies. So keep checking back to make sure that you’re always trading with the UK’s best crypto brokers.
Cryptocurrency Brokers FAQ
💪Who are the best cryptocurrency brokers UK has to offer?
There’s plenty of debate about who the best crypto brokers UK residents can use. After all, it’s a young and fast-growing industry and so there is yet to be much in the way of a consensus about the issue. This is why we’ve worked hard to produce a guide to the top crypto brokers in the UK. All you need to enjoy investing in cryptocurrencies.
❓Where can I find licensed Bitcoin brokers?
It shouldn’t take much more than a quick internet search to find plenty of brokers who will help you invest in cryptocurrencies like Bitcoin. However, it can be difficult to know whether these brokers are licensed. So we’ve created a shortlist of cryptocurrency brokers UK residents can use. Each of these brokers are licensed and can help you make the best of the top crypto exchanges in the UK.
💵 Who are the best forex brokers that trade cryptocurrency?
It’s only fairly recently that forex brokers have started taking crypto trading seriously. This means that it might be tricky to find a decent forex broker for your preferred crypto. So be sure to read our guide to finding the best brokers with cryptocurrency. Here you’ll see some excellent forex brokers who can help you with your crypto trading.
🏅Who has the best crypto trading platform?
All crypto fans will have their own ideas about which crypto trading platform meets their needs best. However, it’s also true that many people might also benefit from visiting one of our featured cryptocurrency brokers. Doing so would mean that you’d get to enjoy an extra level of specialism in how you invest in cryptocurrencies like Bitcoin.
👀What is the difference between a crypto exchange and a broker?
Both crypto exchanges and crypto brokers will act as intermediaries between the cryptocurrency markets and yourself. However, it’s important to note that there are significant differences in how exchanges and brokers operate. Make sure that you read our guide to cryptocurrency brokers to see whether this offers you any advantages over the best crypto exchanges in the UK.