More brokers are adding cryptocurrencies to their financial product offerings. With numerous options like eToro, Swissquote, XTB Trading, and Libertex, how do you choose the right crypto broker? Who can you trust? What selection criteria should you consider? Here’s our 2025 comparison of the top crypto brokers.
What Is a Crypto Broker?
A crypto broker (or cryptocurrency broker) is an entity that trades user funds through its network, including exchange platforms. These operate in over-the-counter (OTC) markets, facilitating transactions without direct buyer-seller interaction.
Key advantages of crypto brokers include:
- Beginner-friendly: Simplified trading for newcomers.
- Fiat-to-crypto trading: Direct purchases with euros or dollars, avoiding stablecoin intermediaries.
- High-value transactions: Better liquidity for large trades compared to exchanges.
Key Selection Criteria
- Regulatory Compliance: Prioritize brokers registered as Digital Asset Service Providers (PSAN) with authorities like France’s AMF.
- Asset Diversity: Look for platforms offering cryptocurrencies, stocks, Forex, and commodities.
- User Experience: Intuitive interfaces and multilingual support (e.g., French).
- Fee Structure: Low transaction fees (typically 0.2–2%) and transparent deposit/withdrawal costs.
Comparison of Top Cryptocurrency Brokers
| Broker | Cryptos Offered | Asset Type | Fees | Other Assets | Regulation | Deposit Fees | Withdrawal Fees | Leverage |
|---|---|---|---|---|---|---|---|---|
| eToro | 90+ | Real | 1% | Stocks, ETFs, Forex | AMF (France), FCA | Free (min $100) | €5 | Up to 2x |
| Swissquote | 30+ | Real | 0.5–1% | Stocks, Bonds | FCA, CSSF | Free (wire) | €10 | None |
| XTB Trading | 50+ | CFD | ~0.8% | Indices, Commodities | FCA, KNF | Free | Free | Up to 2x |
| Libertex | 50+ | CFD | 0% | Forex, ETFs | CySEC | Free (min €100) | €10 max | Up to 2x |
👉 Discover the best crypto trading platforms
Detailed Broker Reviews
1. eToro: Best for Social Trading
Pros:
- 90+ cryptocurrencies, stocks, and ETFs.
- PSAN-regulated in France.
- CopyTrading feature for beginners.
- Cons: 1% trading fee + USD conversion charges.
2. Swissquote: Institutional-Grade Security
Pros:
- Backed by a Swiss investment bank.
- Staking options (e.g., Tezos, Polkadot).
- Cons: Higher fee tiers (0.5–1%).
3. XTB Trading: CFD-Focused Platform
- Pros: Low spreads (~0.8%).
- Cons: Cryptos only via CFDs (no ownership).
4. Libertex: Zero Trading Fees
- Pros: No commissions on crypto trades.
- Cons: Limited asset variety.
FAQ
Q: Are crypto brokers safer than exchanges?
A: Regulated brokers (e.g., PSAN-approved) offer stricter fund audits and dispute resolution.
Q: Can I withdraw crypto to my wallet?
A: Only with brokers offering "real" assets (e.g., eToro). CFDs don’t allow withdrawals.
Q: Which broker has the lowest fees?
A: Libertex charges 0% on trades, but check deposit/withdrawal costs.
Final Thoughts
Choose a broker based on:
- Diversity: eToro for 90+ cryptos.
- Cost: Libertex for zero trading fees.
- Trust: Prioritize AMF/FCA-regulated platforms.
👉 Start trading with a trusted broker today