List Of Brokers Accepting Bitcoin As Payment Method


As a payment method, Bitcoin is reliable for its low cost and quick process. Brokers have been integrating Bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

With its role as the biggest and most favored cryptocurrency today, Bitcoin keeps gaining interest around the world. It is highly possible that more brokers will add Bitcoin as a payment method in the future, side by side with other established e-payments that provide fast, cheap, and simple transactions on a global scale.

Broker Regulation Max Leverage Min Deposit General Rating
FXTM
Belize
2011
CySEC 185/12
FCA (UK), 777911
FSC (Mauritius), C113012295
FSCA (South Africa), 46614
1:2000 $10 Review
Alpari
Saint Vincent and the Grenadines
1998
FSA (St. Vincent & the Grenadines) 20389 IBC 2012
1:1000 $1 Review
IFC Markets
British Virgin Islands
2006
CySEC, 147/11
FSC (BVI) SIBA/L/14/1073
1:400 $1 Review
Fondex
Cyprus
2010
CySEC, 138/11
FSA (Seychelles), 8424819-1
1:30 $250 Review
Admiral Markets
Argentina
2001
ASIC 28381
CySEC, 201/13
FCA (UK), 595450
FSA (Estonia), 10932555
1:500 $100 Review
Exness
Cyprus
2008
CySEC, 178/12
FCA (UK) 730729
FSA (Seychelles), SD025
FSCA (South Africa), 51024
1:2000 $1 Review
Juno Markets
Vanuatu
2014
Vanuatu Financial Services Commission 40099
1:500 $100 Review
LiteForex
Bulgaria
2005
CySEC, 093/08 (only LiteForex (Europe) Limited www.liteforex.eu)
1:500 $50 Review
FXPRIMUS
Cyprus
2009
CySEC, 261/14
FSCA (South Africa) 46675
Vanuatu Financial Services Commission, 14595
1:500 $2500 Review
RoboForex
Belize
2009
IFSC (Belize) 000138/107
1:2000 $10 Review
IC Markets
Australia
2007
ASIC, ACN 123 289 109
1:500 $200 Review
Axiory
Belize
2011
IFSC (Belize), 000122/15
1:777 $50 Review
AAAFx
Greece
2010
HCMC (Greece) 998281207
1:30 $300 Review
FXOpen
Australia
2003
ASIC, 412871
FCA (UK), 579202
1:500 $1 Review
InstaForex
Russian Federation
2007
None 1:1000 $1 Review
FreshForex
Russian Federation
2004
FSA (St. Vincent & the Grenadines), 20623 IBC 2012
1:2000 $200 Review
ForexMart
Cyprus
2014
CySEC, 266/15
1:500 $1 Review
LQDFX
Malta
2015
None 1:500 $20 Review
FXCL
Ireland
2006
None 1:500 $1 Review
Fullerton Markets
Saint Vincent and the Grenadines
2015
None 1:500 $200 Review
JustForex
China
2012
IFSC (Belize), IFSC/60/241/TS/17
1:3000 $1 Review
SimpleFX
Saint Vincent and the Grenadines
2014
None 1:500 $1 Review
FXGlory
Cyprus
2011
None 1:3000 $1 Review
AAFX Trading
Australia
2004
FSA (St. Vincent & the Grenadines), 22916 IBC
1:2000 $100 Review
Binary.com
Japan
1999
FSA (Japan), 2949
MFSA IS/70156
The Financial Commission, 08.06.2020
1:1000 $1 Review
Evolve Markets
Saint Vincent and the Grenadines
2016
None 1:1000 $1 Review
Videforex
United Kingdom
2016
None 1:100 $250 Review
Deriv
Malaysia
1999
FSA (Labuan), MB/18/0024
FSC (BVI), SIBA/L/18/1114
MFSA, C70156
The Financial Commission 08.06.2020
Vanuatu Financial Services Commission, 14556
1:1000 $5 Review
iFOREX
Cyprus
1996
CySEC, 143/11
1:30 $100 Review
FIBOGroup
Austria
1998
CySEC, 118/10
FSC (BVI), SIBA/L/14/1063
1:1000 $1 Review
Ingot Brokers
Australia
2004
ASIC, 428015
FSP (New Zealand) FSP157304
1:400 $100 Review
AccentForex
Vanuatu
2010
Ministry of Finance and Economic Management (Vanuatu) 17931
1:500 $10 Review
Profiforex
Belize
2010
None 1:500 $1 Review
Grand Capital
Armenia
2006
FFMS 1204
The Financial Commission, 15.01.2016
1:500 $10 Review
Blackwell Global
Australia
2010
ASIC, 400364
FCA (UK), 590313
FSP (New Zealand), 3061
SFC (Hong Kong) BGX296
1:30 $5000 Review
Weltrade
Belarus
2006
IFSC (Belize), IFSC/60/350/TS/15-16
1:500 $25 Review
Traders Trust
Cyprus
2009
CySEC, 107/09
1:500 $50 Review
Core Liquidity Markets
Australia
2013
ASIC, 164994049
1:500 $100 Review
TenkoFX
Belize
2011
IFSC (Belize), IFSC/60/349/TS/15
1:500 $10 Review
FX Choice
Belize
2010
IFSC (Belize), IFSC/60/191/TS/15
1:200 $100 Review
Forex.ee
Estonia
2004
None 1:500 $10 Review
FXGlobe
Cyprus
2008
CySEC, 205/13
1:500 $250 Review
Titan FX
Vanuatu
2013
Vanuatu Financial Services Commission, 40313
1:500 $200 Review
ForexChief
Nigeria
2014
Ministry of Finance and Economic Management (Vanuatu), 14777
1:1000 $50 Review
SuperForex
Belize
2013
IFSC (Belize), IFSC/60/292/TS/14
1:1000 $1 Review
Gerchik & Co
Vanuatu
2015
The Financial Commission, 31.01.2017
Vanuatu Financial Services Commission, 40512
1:100 $500 Review
Land-FX
China
2013
FCA (UK), 709866
FSP (New Zealand), FSP264385
1:500 $300 Review
TegasFX
Singapore
2016
Ministry of Finance and Economic Management (Vanuatu), 14697
1:200 $200 Review
CFDTimes
Cyprus
2012
IFSA (St. Vincent and Grenadines) 25694 IBC
1:500 $5 Review
Turnkey Forex
United Kingdom
2009
None 1:400 $5 Review
Circle Markets
New Zealand
2016
FSCL (New Zealand) 6584
FSP (New Zealand), FSP460986
Ministry of Finance and Economic Management (Vanuatu), 40389
1:500 $50 Review
TradeCMX
Saint Vincent and the Grenadines
2012
FSA (St. Vincent & the Grenadines), 23586 IBC
1:500 $1000 Review
Tifia
Indonesia
2011
FSC (Mauritius), GB19024824
Ministry of Finance and Economic Management (Vanuatu), 40209
1:1000 $10 Review
Swiss Markets
Cyprus
2016
CySEC, 199/13
FSC (Mauritius), C116016172
1:500 $200 Review
FXB Trading
Saint Vincent and the Grenadines
2015
FSA (St. Vincent & the Grenadines), 22500
1:500 $250 Review
World Forex
Vanuatu
2007
FSC (BVI), 1420912
Vanuatu Financial Services Commission, 300236
1:500 $1 Review
Markets Invest
Hungary
2017
None 1:1000 $250 Review
AMEGA
Cyprus
2018
None 1:1000 $1 Review
Big Boss
Hong Kong
2014
IFSA (St. Vincent and Grenadines), SV&G IBC No:23356 IBC 2016
1:555 $1 Review
Coinexx
United Kingdom
2017
None 1:500 $7 Review
JAFX
Saint Vincent and the Grenadines
2013
None 1:500 $10 Review
CryptoRocket
Saint Vincent and the Grenadines
2019
None 1:500 $10 Review
EagleFX
Dominica
2018
None 1:500 $10 Review
IronFX
Australia
2010
ASIC, 417482
CySEC, 125/10
FCA (UK), 585561
FSCA (South Africa), 45276
1:30 $100 Review
Trade8
Switzerland
2017
None 1:300 $BTC0 Review
UBFX
China
2016
Ministry of Finance and Economic Management (Vanuatu), 14745
1:400 $1 Review
FXLinked
Seychelles
2018
FSA (Seychelles), SD011
1:400 $10 Review
CapitalXP
Saint Vincent and the Grenadines
2015
None 1:100 $250 Review
Olymp Trade
Cyprus
2014
The Financial Commission, 22.02.2016
1:500 $2 Review
TIOmarkets
Cyprus
2019
FCA (UK), 488900
FSA (St. Vincent & the Grenadines), 24986
1:200 $1 Review
LegacyFx
Cyprus
2017
BaFin 348194
CySEC, 344/17
FCA (UK), 797343
NBRB (Belarus), 193180778
Vanuatu Financial Services Commission, 14579
1:200 $500 Review
PrimeXBT
Saint Vincent and the Grenadines
2018
None 1:1000 $BTC1 Review
XBTFX
Saint Vincent and the Grenadines
2019
FSA (St. Vincent & the Grenadines), 155
1:500 $1 Review
Dizicx
Congo
2016
None 1:400 $25 Review
FXGate
Malaysia
2019
FSA (Labuan), MB/19/0031
1:100 $100 Review
Yadix
Seychelles
2010
FSA (Seychelles), SD021
1:500 $20 Review
NAGA
Cyprus
2015
CySEC, 204/13
1:500 $250 Review
Axes
Ukraine
2018
IFSA (St. Vincent and Grenadines), 338 llc 2020
1:500 $500 Review
LonghornFX
Saint Vincent and the Grenadines
2020
None 1:500 $10 Review
CLMarkets
Australia
2013
ASIC, 164994049
1:500 $100 Review
AMarkets
Montenegro
2007
FSA (St. Vincent & the Grenadines), 22567 IBC 2015
The Financial Commission, 01.09.2013
1:1000 $100 Review
UFX
United Kingdom
2009
CySEC, 127/10
Vanuatu Financial Services Commission, 14581
1:200 $100 Review
OctaFX
Saint Vincent and the Grenadines
2011
CySEC, 372/18
FCA (UK), 679306
IFSA (St. Vincent and Grenadines), 19776 IBC 2011
1:500 $100 Review
PaxForex
Saint Vincent and the Grenadines
2010
None 1:500 $10 Review
Investous
Belize
2018
IFSC (Belize), 000349/122
1:500 $250 Review
Blaze Markets
Australia
2020
FSA (St. Vincent & the Grenadines), 26027 BC 2020
1:200 $100 Review
CryptoGT
Marshall Islands
2018
None 1:500 $5 Review
FXGT
Seychelles
2019
FSA (Seychelles), SD019
1:500 $10 Review
XtreamForex
Marshall Islands
2015
None 1:1000 $5 Review
CedarFX
Saint Vincent and the Grenadines
2020
None 1:500 $10 Review

What is Bitcoin?

In short, Bitcoin is a form of currency. Like any other currency, it has a code known as BTC. But what makes them rather peculiar is the fact that Bitcoin is not an everyday, well-known currency. It falls into a different category than your average, typical currency found on your wallet. It is the first of its kind, the cryptocurrency.

In 2009, an entity known only as Satoshi Nakamoto released this type of currency into the wild. A currency without any form of backing, neither commodities nor government back this cryptocurrency. If so, you might ask then what makes it any more valuable than a toy bill on a monopoly game board?

This cryptocurrency gains its value from its highly transparent and decentralized circulation. So nearly everyone, provided they know how to do so, can verify the validity of transactions done using Bitcoin. Its circulation can be supervised real-time without exposing both parties involved in a given transaction.

Simultaneously, the cryptocurrency system is protected by a cryptographic algorithm, hence the name. It is not regulated either by a single party or an organization so there will be no chance of it being used for personal gain unless an invasive method is applied such as hacking.

Finally, the very reason why it holds a great value is the trust that people put in it. Many online and offline companies already accept Bitcoin as a form of payment. Wikipedia, Wikileaks, and a well-known game company such as Zynga already accept this cryptocurrency as a valid payment. The forex trading world is no exception; many forex brokers already accept Bitcoin. As previously stated, Bitcoin's price and popularity are going hand in hand to rise up from literally nothing, then USD0.003, to a whopping USD13,000 as of October 2020.


What Makes Bitcoin So Favorable?


This flexible and globally accepted cryptocurrency offers many benefits that were not found on a standard currency. There is no tax imposed on its transaction. With just a few clicks, a payment is done. This cryptocurrency is also resistant to negative changes. For example, some Venezuelan that use and own Bitcoin are less prone to the great inflation that severely hurts their economy.


How to Claim Ownership of Bitcoin?


In general, there are two ways we can own one. First, we can simply buy it like we would a fiat currency. It is highly understandable that not everyone has USD13,000 to dish out just like that. In that case, we can buy a fraction of a coin, like 0.001 or even 0.0001 Bitcoin. Again, like an ordinary currency, the price may go down.

Second, we can "make" one for ourselves by helping Bitcoin transactions happen. This method is called "mining". To do it, we will need a device called ASIC (Application-Specific Integrated Circuit) and then lend its power to make it all happen. By doing so, the system will reward us some Bitcoin or a fraction of it. Be advised that not all computers can do this task as it is way too demanding for a simple computer. Some people even set up a huge computer the size of a warehouse to do so.



To use a Bitcoin, the currency sans physical form, you need a digital wallet which also contains a special identity necessary for the transaction to happen. Today, many companies have made it widely available and accessible anywhere if you have a proper device to do so. Then you put some Bitcoin in it with one or both ways that have been explained above. When some Bitcoin has landed safely in your wallet, you may use it to buy some product or service of your desire or just sell it for a fiat currency that you need.




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