Bitcoin Brokers to Trust while Trading

Finding out a Bitcoin broker that can be relied upon is a difficult task; particularly, when there are brokers that run away with the money from the investors or traders. Therefore, it should be important for you to find out a reliable brokerage firm when you are trading the cryptocurrency and for that you can use the reviews from the experts and seasoned traders.

Needless to say Bitcoin brokers are increasingly becoming an important aspect when it comes to trading Bitcoin and for that reason they cannot be ignored. When you get the right broker you will be on your way to getting value for your money as they are often created at a predictable and decreasing rate and help you make profits.

Notwithstanding what over time the numbers of Bitcoin created every year are often halved automatically until their issuance halts completely to 21 million of those in existence. Therefore, you need to be careful when such events are taking place. When you are an aware trader you are able to make profitable trading decisions and get the maximum from it.

Finding Out Reliable Bitcoin Brokers 

As it has been mentioned above there are only a few Bitcoin brokers that can be trusted while trading, you should shortlist them before opening a trading account. The reviews providers tend to help you in the process and select the reliable Bitcoin brokerage firm. Interestingly, like brokerage firm even wallet is essential for traders or investors.

When you use a wallet Bitcoin remain in the chain just like others. However, lost Bitcoin often remain dormant indefinitely because nobody can find the private key that would enable them to be used again. In such a situation a wallet provider that gives alternate ways to access your Cryptocurrencies should be hired.

Regulated Bitcoin Brokers

Bitcoin and illegal activities have long been associated with each other. Concerns are often raised that the system can be used to facilitate illegal activities. However, these features exist with wire and cash transfers as well. Keeping the negative public opinion, except for a few, governments are not recognizing Bitcoin services providers.

Therefore, you must try to find out a Bitcoin broker that has some sort of regulation. With such a broker your money is safe and secure and in case you lose them you can get the amount back filing a case against the accused broker.

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Top Bitcoin Brokers to Trust for Trading

Now finding out the top Bitcoin brokers is not just easy but within your reach as well because portals like NewsBTC provides exclusive reviews of these brokerage firms to guide you. The portal presents a comparison between various Bitcoin brokers in the market. A couple of them include AvaTrade, TitanTrade, Plus500, etc. amongst others.

Here you will find various brokers which offer Bitcoin, litecoin, Ethereum, etc. as trading assets. It has made this list to make it very good for traders and investors to bale to trade Bitcoin and other financial products with ease. Needless to say the top Bitcoin brokers have been in the list for quite some time due to their professional approach and committed services for traders.

Notwithstanding what if your broker or exchange is not yet listed in the Bitcoin brokers listing, you should be concerned about it. In fact, if you are a beginner you can also read whether the brokerage firm is associated with any regulatory body. The brokerage firms that are registered and regulated tend to provide competitive and reliable services.

Why Select the Top Bitcoin Brokers?

There are various reasons you should keep considering when hiring a brokerage firm. For instance, with a reliable brokerage firm you can rest assured that your deposits are safe and secure for that matter. You can concentrate on trading and not worry whether your money is at risk. This way you can perform well in Bitcoin trading and make profits.

There are some features that you should look for when you are trading with a brokerage firm. For instance, you should look for a brokerage firm that also guides you while you are taking positions.

Plus500 and Other Brokers Offering Bitcoin trading 

Though Plus500 is not a dedicated Bitcoin broker in rigid sense, it is offering Bitcoin trading services for traders. It has a Bitcoin CFD based on BTC-E’s price feed where the spread usually ranges around $7 or 1.43%. The reviews claim that there is no minimum deposit required to open an account, plus the company currently has an offer for $25 free, no deposit required.

Interestingly, Plus500 is one of the best and certainly one of the top Bitcoin brokers in the world. The current maximum leverage for opening a Bitcoin position is 17:1 and once account opened the required margin to keep that position open is 3% or around 33:1. Here any trader can make decision based on the credential of the brokerage firm.

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Find out Reliable Bitcoin Brokers for Trading

As Bitcoin is gaining attention among traders, they are looking for reliable Bitcoin brokers to trade. However, no matter what strategy you use to trade Bitcoin it is important to make sure that you have chosen the best Bitcoin broker to invest with. For that you must consider reading the latest and updated Bitcoin brokers’ reviews.

At the same time you should not forget to compare the spreads of different Bitcoin brokers to make sure you are not paying fees that are too high. It must also be noted that the execution time to ensure you will be getting the price you want is also essential. You may also want to consider the leverage available for Bitcoin trading.

Higher leverage is important so that you can increase your risk and reward ratio and your chances for profit go up. Reliable Bitcoin brokerage firms also offer attractive leverage and bonuses so that traders are able to expand the profitability. Needless to say it is recommended that you make sure to choose a regulated Bitcoin broker.

Also read: How to Buy Bitcoin?

Some Reliable Bitcoin Brokers to Open a Trading Account 

Though there are dozens of Bitcoin brokers like AvaTrade, TitanTrade, TradeRush, Markets.com, etc. it is eToro that makes a lot of sense. According to several reviews, eToro, founded in 2007 and domiciled in Limassol, Cyprus, is a leading social site on the global scene with 5,000,000 traders.

Moreover, as it is regulated by NFA, CySEC, ASIC, CFTC, MiFID, FCA and has been the recipient of several awards, traders consider it one of the most reliable Bitcoin brokers. According to them eToro is certainly one of the best choices for anyone looking for more interaction with other currency traders and who are interested in studying how other people invest.

TradeRush, another Trusted Bitcoin Broker 

When it comes to trading Bitcoin, TradeRush is the name that comes to mind. It was the first binary options broker to introduce 60 second binary options to the online trading community. This brokerage firm has become one of the leading binary options brokers in the industry. It offers high quality trading tools as well.

According to several reviews of the brokerage firm, the 60 second option is still their most popular option choice but other features, such as their Pro Trader and Option Builder tools, stand out as well. These features make it one of the most reliable Bitcoin brokers that you can open a trading account with.

Find the top Bitcoin brokers for profitable trading