Best MT4 Crypto Brokers (Compared)

"crypto trading charts"Limited Product Portfolio: The broker’s product portfolio is largely limited to CFDs. No 24/7 Customer Service: 24/7 customer service is typically an expectation when it comes to forex and cryptocurrency brokers. The platform offers a wide range of research and educational features to help beginners become pros and pros expand their horizons. Inactivity Fee: If you don’t make any transactions over a 24-month period, Admiral Markets charges you a EUR10.00 inactivity fee. Unfortunately, Admiral Markets doesn’t offer this service. CMC Markets is a strong option whether you’re just starting out as a cryptocurrency trader or you’ve been trading for years. 69% of retail CFD accounts lose money.

Only CFDs: CMC Markets only offers CFD trading. If you’re interested in another type of trading, you’ll need to work with another broker. 63% of retail CFD accounts lose money. Limited Customer Support: Although the customer support staff is responsive and intelligent, it’s only available five days per week. So, if you have questions or concerns on the weekend, you’ll have to wait until the beginning of the week to get them answered.

Lies And Damn Lies About Cryptocurrency Trading

Avatrade made its name in the forex trading industry but has quickly emerged as a real competitor in the cryptocurrency trading space. You’ll never pay a dime to move a dollar with the broker. The best part is they’re all free. The company offers a long list of CFDs and currency pairs, 13 of which are crypto-related. Education: Avatrade is another on the list of very rare brokers that take a vested interest in your success by investing in educational tools to help you learn the ropes. Deposits & Withdrawals: Avatrade offers a wide range of options to deposit or withdraw money.

It also has a large product selection that will appeal to most traders. Detailed Education Features: Most brokers focus on how they make money, not how you make money. Mobile Trading: CMC Markets’ mobile app is just as intuitive as its desktop platform, so it’s a great option for those who like to trade on the go. The broker focuses primarily on CFDs, fees are minimal, and the platform is relatively easy to use.