Best Ethereum Brokers & Exchanges 2025

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Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
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Michael MacKenzie
Michael is a writer and editor with over a decade in journalism and publishing. His niche lies in editing and fact-checking content in the financial services sector, with a focus on online brokers and trading platforms. Michael previously reported on politics and economics in the Middle East and edits books for established publishers.
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William Berg
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
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Ethereum brokers provide a platform or app where traders can take advantage of short-term trading opportunities in Ether (ETH), one of the largest digital currencies by market capitalization.

Dig into our pick of the best brokers for trading Ethereum brokers, selected by our experts as the most reliable providers with competitive pricing and trading tools geared toward ETH traders.

Top 6 Ethereum Brokers & Exchanges In 2025

After testing 230 providers, we’ve identified the 6 best for secure Ethereum trading :

Why Are These Brokers The Best For Trading Ethereum?

Here’s a brief rundown of why we believe these firms stand out for Ethereum trading:

  1. Interactive Brokers is the best broker for trading Ethereum in 2025 - IBKR lets you purchase and hold Bitcoin, Bitcoin Cash, Ethereum, and Litecoin at competitive commission rates and without needing a crypto wallet. Additionally, there is a range of other diverse assets to explore, such as crypto indices like the NYSE Bitcoin Index, as well as futures contracts like the BAKKT Bitcoin Futures.
  2. eToro USA - eToro US offers 24 tradeable cryptoassets, with just a 1% buying/selling fee added to the spread. Additionally, there are 80 different coins available through the broker’s proprietary wallet service. You can also practice your crypto strategies easily by switching between live and demo mode. Crypto asset investing is highly volatile and unregulated. No consumer protection. Tax on profits may apply.
  3. UnitedPips - UnitedPips offers trading on four leading cryptos (Bitcoin, Ethereu, Litecoin, and Ripple) with high leverage up to 1:5. It also supports deposits and withdrawals in cryptos making it convenient for serious crypto enthusiasts.
  4. IQCent - IQCent offers a range of crypto binary assets paired with USDT, from Bitcoin through to Trump hype, which offers the highest payouts we’ve seen on any binary platform, reaching 1500%. The mix of OTC and non-OTC crypto binaries ensure around the clock trading opportunities, while the platform was fast with minimal lag during our latest tests.
  5. Plexytrade - Plexytrade lets traders capitalize on the inherent volatility of the cryptocurrency market by offering leveraged trading on 5 popular cryptocurrencies, including Bitcoin. However, the threadbare offering of digital tokens seriously trails leading brokers like Eightcap with its 100+ crypto derivatives.
  6. OANDA US - Cryptocurrency trading is offered via Paxos, a separate entity from Oanda. You can speculate on the world’s biggest cryptos by market cap. Commissions are lower than many peers starting at 0.25%. Through the broker’s partnership with Paxos, clients can spot trade cryptocurrencies on the itBit exchange through the OANDA native platform.

Compare The Top Ethereum Brokers And Exchanges In Key Areas

Find the right Ethereum provider for you based on our comparison of core features important to day traders:

Compare The Top Ethereum Brokers And Exchanges In Key Areas
Broker Margin Trading Payment Methods Regulators
Interactive Brokers ACH Transfer, Automated Customer Account Transfer Service, Cheque, Debit Card, TransferWise, Wire Transfer FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM
eToro USA ACH Transfer, Debit Card, PayPal, Wire Transfer SEC, FINRA
UnitedPips Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, PayPal, Perfect Money IFSA
IQCent Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Mastercard, Visa, Wire Transfer IFMRRC
Plexytrade Bitcoin Payments, Ethereum Payments -
OANDA US ACH Transfer, Debit Card, Mastercard, Visa, Wire Transfer NFA, CFTC

How Safe Are These Leading Ethereum Trading Providers?

In a market known for volatility and risks, consider how the top Ethereum trading platforms protect your funds:

How Safe Are These Leading Ethereum Trading Providers?
Broker Trust Rating Guaranteed Stop Loss Negative Balance Protection Segregated Accounts
Interactive Brokers 4.5
eToro USA 3.3
UnitedPips 2
IQCent 2.5
Plexytrade 2.3
OANDA US 4.5

Compare Mobile Ether Trading Apps

With the crypto market always on the move, here’s how these Ethereum brokers perform on mobile following our tests of their apps:

Compare Mobile Ether Trading Apps
Broker Mobile Apps iOS Rating Android Rating Smart Watch App
Interactive Brokers iOS & Android 4.3 4.5
eToro USA iOS & Android 4.3 4
UnitedPips Web Access Only 3 3
IQCent iOS & Android 4.3 4.1
Plexytrade iOS & Android 4.8 4.7
OANDA US iOS & Android 4.7 3.7

Are The Top ETH Providers Good For Beginners?

Ethereum trading beginners need brokers with the right tools for learning - here’s what the top platforms offer:

Are The Top ETH Providers Good For Beginners?
Broker Demo Account Minimum Deposit Minimum Trade Education Rating Support Rating
Interactive Brokers $0 $100 4.3 3
eToro USA $100 $10 3 3
UnitedPips $10 0.01 Lots 2.5 3.5
IQCent $250 $0.01 2 2.5
Plexytrade $50 0.01 3.5 3.8
OANDA US $0 0.01 Lots 3.8 3.5

Are The Top ETH Providers Good For Advanced Traders?

Experienced Ethereum traders need professional-grade features - here’s what the leading brokerages deliver:

Are The Top ETH Providers Good For Advanced Traders?
Broker Automated Trading VPS AI Pro Account Leverage Low Latency Extended Hours
Interactive Brokers Capitalise.ai, TWS API 1:50
eToro USA -
UnitedPips - 1:1000
IQCent 1:500
Plexytrade Expert Advisors (EAs) on MetaTrader 1:2000
OANDA US Expert Advisors (EAs) on MetaTrader 1:50

Compare The Ratings Of Top Ethereum Brokers And Exchanges

See how the top Ethereum trading platforms rate in vital categories following our expert-assigned scores:

Compare The Ratings Of Top Ethereum Brokers And Exchanges
Broker Trust Platforms Assets Mobile Fees Accounts Research Education Support
Interactive Brokers 4.5 3.3 4.7 4.4 4.3 3.5 4.4 4.3 3
eToro USA 3.3 3.5 2.9 4.2 3.4 3 3.5 3 3
UnitedPips 2 3.5 3 3 3.8 3.5 2.8 2.5 3.5
IQCent 2.5 3.8 2.6 4.2 4.3 3.3 3 2 2.5
Plexytrade 2.3 4 3.5 4.8 3.5 3.3 2.8 3.5 3.8
OANDA US 4.5 4.5 2.8 4.2 4 3.5 4.3 3.8 3.5

How Popular Are The Top Ethereum Brokers And Exchanges?

Many Ethereum traders trust providers with the largest user bases - here’s how many clients the top platforms have:

Why Trade ETH With Interactive Brokers?

"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."

Christian Harris Christian Harris, Reviewer

Interactive Brokers Quick Facts

CoinsBTC, LTC, ETH, XRP
Crypto MiningNo
Auto Market MakerNo
Crypto Spread0.12%-0.18%
Crypto LendingNo
Crypto StakingNo
PlatformsTrader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower
Minimum Deposit$0
RegulatorFCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM
Account CurrenciesUSD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF

Pros

  • Interactive Brokers has been named Best US Broker for 2025 by DayTrading.com, recognizing its long-standing commitment to US traders, ultra-low margin rates, and global market access at minimal cost.
  • There's a vast library of free or paid third-party research subscriptions catering to all types of traders, plus you can enjoy commission reimbursements from IBKR if you subscribe to Toggle AI.
  • While primarily geared towards experienced traders, IBKR has made moves to broaden its appeal in recent years, reducing its minimum deposit from $10,000 to $0.

Cons

  • Support can be slow and frustrating based on tests, so you might find it challenging to reach customer service representatives promptly or encounter delays in resolving issues.
  • You can only have one active session per account, so you can’t have your desktop program and mobile app running simultaneously, making for a sometimes frustrating trading experience.
  • TWS’s learning curve is steep, and beginners may find it challenging to navigate the platform and understand all the features. Plus500's web platform is much better suited to new traders.

Why Trade ETH With eToro USA?

"eToro remains a top pick for traders looking for leading social investing and copy trading services. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer day traders."

Jemma Grist Jemma Grist, Reviewer

eToro USA Quick Facts

CoinsBTC, ETH, BCH, DASH, LTC, ETC, MIOTA, XLM, EOS, NEO, ZEC, XTZ, MKR, COMP, LINK, UNI, YFI, DOGE, AAVE, ALGO, MANA, ENJ, BAT, MATIC, FLR, SHIBxM
Crypto MiningNo
Auto Market MakerNo
Crypto SpreadBTC 0.75%
Crypto LendingNo
Crypto StakingNo
PlatformseToro Trading Platform & CopyTrader
Minimum Deposit$100
RegulatorSEC, FINRA
Account CurrenciesUSD

Pros

  • A free demo account means new users and prospective day traders can try the broker risk-free
  • The low minimum deposit and straightforward account opening process means beginners can get started quickly
  • eToro USA Securities is a trustworthy, SEC-regulated broker that is a member of FINRA and SIPC

Cons

  • There's a narrower range of day trading instruments available compared to competitors, with only stocks, ETFs and cryptos
  • There's no MetaTrader 4 platform integration for traders who are accustomed to using third-party charting tools
  • The proprietary terminal doesn't support trading bots and there are no additional stock market analysis tools

Why Trade ETH With UnitedPips?

"UnitedPips is ideal for traders seeking leveraged trading opportunities, the security of fixed spreads, and the flexibility to deposit, withdraw, and trade cryptocurrencies - all in one sleek TradingView-powered platform."

Christian Harris Christian Harris, Reviewer

UnitedPips Quick Facts

CoinsBTC, ETH, LTC, XRP
Crypto MiningNo
Auto Market MakerNo
Crypto Spread500
Crypto LendingNo
Crypto StakingNo
PlatformsUniTrader
Minimum Deposit$10
RegulatorIFSA
Account CurrenciesUSD

Pros

  • UnitedPips’ platform performs well, with an intuitive design that will appeal to beginners, while the TradingView integration delivers powerful charting tools without overwhelming users, making it straightforward to execute trades efficiently.
  • UnitedPips offers impressive leverage up to 1:1000 with zero swap fees or commissions, which can enhance potential returns for day traders and swing traders looking to control prominent positions with less capital.
  • Although being handed off mid-chat due to shift changes during testing was frustrating, customer support is generally good with quick, helpful responses, and 24/7 support via phone and email for regional teams is a definite advantage.

Cons

  • UnitedPips lacks comprehensive research, while the educational content for beginner traders is woeful. Compared to brokers like eToro, which offers tutorials, webinars, and advanced courses, UnitedPips offers minimal resources to help new traders understand key concepts.
  • UnitedPips' selection of tradable instruments is still minimal, comprising a bare minimum selection of forex, metals and crypto. There are no equities, indices or ETFs, which may be a drawback for experienced traders looking for diverse opportunities.
  • Unlike brokers such as IG, UnitedPips is an offshore broker not regulated by any 'green tier' financial authorities, raising concerns for traders seeking assurance and protection under well-established regulatory frameworks.

Why Trade ETH With IQCent?

"IQCent is great for traders wanting bespoke binary assets, with a growing roster of 150+ products, including ‘Hype Pool’ contracts, which track trending events. Short-term expiries from 5 seconds, payouts that can hit 95% (with up to a 3% boost), and a TradingView charting package with 100+ indicators, also make it ideal for serious, fast-paced traders."

Jemma Grist Jemma Grist, Reviewer

IQCent Quick Facts

CoinsBTC, ETH, LTC, ETC, DOGE, MATIC, QNT, SOL, XRP, USDT, XMR, BNB
Crypto MiningNo
Auto Market MakerNo
Crypto SpreadVariable
Crypto LendingNo
Crypto StakingNo
PlatformsOnline Platform, TradingView
Minimum Deposit$250
RegulatorIFMRRC
Account CurrenciesUSD, EUR

Pros

  • There's an accessible $0.01 minimum stake for new day traders with a small budget
  • IQCent has bolstered its asset range with 60+ new assets, including hot cryptos like TON and SHIB; top-tier stock CFDs such as TSLA and NVDA; plus exotic FX pairs like THB and HUF
  • IQCent is one of the few binary options brokers that also offers a copy trading service for hands-off traders

Cons

  • There's no automated trading support for algo traders
  • The broker is not overseen by a respected regulator, though this is common among binary options firms
  • The market analysis is very basic with limited technical summaries and insights from analysts

Why Trade ETH With Plexytrade?

"Plexytrade is a newcomer in the brokerage scene with attention-grabbing features like 1:2000 leverage, zero spreads on select instruments and fast execution speeds of less than 46 milliseconds. However, the absence of regulation is a significant concern, while the non-existent research and educational tools place it far behind industry frontrunners."

Christian Harris Christian Harris, Reviewer

Plexytrade Quick Facts

CoinsBTC, ETH, LTC, SOL, XRP
Crypto MiningNo
Auto Market MakerNo
Crypto Spread1.1
Crypto LendingNo
Crypto StakingNo
PlatformsMT4, MT5
Minimum Deposit$50
Account CurrenciesUSD, EUR

Pros

  • US residents are accepted as clients, distinguishing Plexytrade as one of the rare offshore brokers that cater to US-based traders.
  • There are various VPS packages starting from $50 per month, but they become complimentary once specific deposit thresholds are reached.
  • Plexytrade offers among the highest leverage we’ve seen, up to 1:2000, catering to advanced traders willing to forego regulatory protections.

Cons

  • There are no research and educational materials, falling short of alternatives like IG, while access to the economic calendar is restricted to clients with balances of $500.
  • Plexytrade lacks regulation in major jurisdictions, significantly increasing the risks of opening an account and depositing funds.
  • Deposits and withdrawals are exclusively facilitated through cryptocurrencies, as Plexytrade does not support bank cards, bank wire transfers, or e-wallets.

Why Trade ETH With OANDA US?

"OANDA remains an excellent broker for US day traders seeking a user-friendly platform with premium analysis tools and a straightforward joining process. OANDA is also heavily regulated with a very high trust score."

Jemma Grist Jemma Grist, Reviewer

OANDA US Quick Facts

CoinsBTC, ETH, LTC, BCH, PAXG, LINK, UNI, AAVE
Crypto MiningNo
Auto Market MakerNo
Crypto Spread$100
Crypto LendingNo
Crypto StakingNo
PlatformsOANDA Trade, MT4, TradingView, AutoChartist
Minimum Deposit$0
RegulatorNFA, CFTC
Account CurrenciesUSD, EUR, GBP, CAD, AUD, JPY, CHF, HKD, SGD

Pros

  • The proprietary OANDA web platform continues to deliver a highly competitive charting environment, including 65+ technical indicators powered by TradingView
  • Beginners can get started easily with $0 minimum initial deposit
  • The broker offers a transparent pricing structure with no hidden charges

Cons

  • There's only a small range of payment methods available, with no e-wallets supported
  • The range of day trading markets is limited to forex and cryptos only
  • It's a shame that customer support is not available on weekends

How Did DayTrading.com Choose The Best Ethereum Trading Platforms?

We ranked Ethereum brokers and exchanges based on total ratings after evaluating over 200 metrics across eight core categories. Our analysis included data points specific to Ethereum trading.

Our rigorous testing process – led by industry professionals, including those who trade Ethereum – offers real-world insights you won’t find in surface-level reviews.

The result? A carefully curated list of the best Ethereum trading platforms, optimized for security, performance, and user experience.

What To Look For In A Top Broker For Trading Ethereum

Trust

Cryptocurrencies are a relatively new way of trading and the regulatory framework has not yet caught up with traditional markets, so you need to take great care when selecting a broker.

In 2022 the fate of FTX, the third-largest crypto exchange at the time, highlighted the risk. Client funds were mixed with business funds and a spike in withdrawals led to the exchange’s collapse and customers unable to retrieve billions in deposits.

We’ve found that crypto brokers tend to be more reliable because they are more likely to have regulation from a green-tier body on DayTrading.com’s Regulation & Trust Rating like the Australian Securities and Investments Commission (ASIC).

Since brokers need to implement stringent measures such as client fund segregation to obtain a licence from one of these organizations, the level of protection is often higher.

💡
Some crypto exchanges advertise that they have registered with a respected regulator like ASIC, but this isn’t the same thing as being licensed. Check the specific terms of the broker or exchange’s relationship with the regulator to avoid any doubt.
  • Our experts consistently turn to Pepperstone for ETH traders thanks to its sterling record as a reliable broker, with regulation by seven bodies including green-tier regulators like the FCA, ASIC and CySEC. Since it was founded in 2010, it’s accrued a slew of awards, including DayTrading.com’s Best Overall Broker Award, and it serves more than half a million traders worldwide.

Trading Vehicles

You should choose a broker that offers trading a trading vehicle to suit your style, whether that involves buying and selling ETH tokens directly or trading derivatives such as crypto CFDs and perpetual swaps.

In our experience, the more reliable crypto brokers tend to offer trading via CFDs or by trading ETH tokens directly.

You may also be able to make short-term ETH trades via Ethereum ETFs on these brokers – the iShares Ethereum Trust ETF, for example.

Chart showing the price history of the iShares Ethereum Trust ETF
Performance of the iShares Ethereum Trust ETF

We’ve more often found derivatives like options, futures and perpetual swaps available on crypto exchanges such as OKX.

While these exchanges are crypto specialists and may have more ETH markets available, bear in mind that the regulatory framework is less developed and many traders have lost money from exchanges due to scams or business failure.

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The ETH instruments available through regulated brokers depends on your location – some countries like the UK have barred crypto derivatives altogether, while CFDs are banned in the USA.
  • CMC Markets continues to lead the market for its huge range of trading instruments, including cryptocurrencies. As well as trading ETH pairs with USD, you can also access crypto indices for a broader slice of crypto markets including ETH and other tokens.

Fees

Choose an ETH broker with low fees to avoid the frustration of watching your hard-earned money siphoned away during your short-term trades.

You should research the specific fees for trading ETH as these will vary among brokers.

We’ve found that many brokers advertise their most optimistic case by quoting the minimum spread – but you should try to find out the average spread on ETH as well as any additional commission fees charged per trade.

Other fees to consider include costs for funding your account (withdrawal and deposit fees), charges for tools such as data feeds, and hidden costs like account inactivity fees.

 

XTB asset list showing ETH and other crypto CFDs' pricing
XTB offers transparent pricing on ETH and other crypto CFDs. 69-83% of retail investor accounts lose money when trading CFDs with this provider.
One of the things I look out for when trading crypto tokens like ETH is gas fees. These are the costs of making transactions on the Ethereum network, and they increase during periods when traffic is high.

Since ETH derivatives like CFDs are not subject to gas fees, I’m often drawn to these when making short-term trades.

author image
Jemma Grist
Author
  • XTB’s transparent and competitive ETH CFD pricing continues to impress us, with no commissions and spreads starting at 0.22% of the market price and not exceeding 0.3% during our latest tests. There are also fee-free deposits and withdrawals, minimizing the additional costs for regular traders.
  • 72% of retail investor accounts lose money when trading CFDs with this provider.

Leverage

You should trade with an ETH broker that is transparent about the amount of leverage on offer and the rules around using it.

Leverage allows you to increase the size of your trading position with borrowed funds. The leverage will either be provided by the broker or exchange, or in some cases like leveraged ETFs it is built into the investment product.

This is a powerful tool as it amplifies your gains – 1:10 leverage will increase a 5% to a 50% gain, for example – but be warned: losses are increased to the same degree, multiplying your risk.

In volatile crypto instruments like ETH, this can lead to large losses, so you should implement strict risk management and consider every leveraged play carefully.

I’ve found that high leverage is rarely necessary when trading crypto, because the price movements already tend to be larger than in other markets I trade. 
author image
Jemma Grist
Author
  • If you want to make leveraged trades with ETH, FXCC remains a reliable port of call with transparent pricing and regulation by the CySEC. That means that EU-based customers can trade ETH CFDs with 1:2 leverage, while traders based elsewhere can access leverage up to 1:5 through FXCC’s offshore entity.

Platforms & Tools

You may need to spend significant time analyzing charts and researching fundamentals for success trading ETH, so selecting Ethereum brokers with powerful but user-friendly platforms is important.

Whether that be the industry-established MetaTrader 4 (MT4) or bespoke proprietary terminals, traders of all experience levels should be able to find a system that meets their needs.

Integrated price analysis tools and interactive charts and graphs will support your transaction decisions, so look for a platform such as TradingView that offers intuitive services.

Pepperstone's ETH/USD pair on the TradingView platform
Pepperstone’s ETH/USD pair on the TradingView platform

You can also utilize demo accounts to get a feel for features before opening a live account and depositing capital.

The best Ethereum brokers provide additional features, such as access to information on strategies or other educational resources. These can be particularly useful if you’re new to crypto investing.

  • Our experts are regularly drawn to IC Markets to trade ETH because it has one of the best trading platform offerings of any broker we’ve used. The choice between MT4, MT5, cTrader and TradingView already provides great flexibility for traders, but throw in access to tools like DupliTrade, Trading Central and IC Insights and you’ve got a powerful and fully rounded suite for planning your Ethereum trades.

Account Options

Choose a broker with account options that suit your circumstances and preferences.

We’ve found that a low minimum deposit is an important consideration for many traders who want to try out brokers without a large initial outlay.

Accepted deposit methods are another important consideration, as many traders wish to use e-wallets or other digital methods as well as the standard card and wire transfers.

Crypto traders especially tend to look for brokers that accept deposits in ETH payments or another token.

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If you want to make a crypto deposit to a broker, you should explore the most economical way to do that. If it’s possible to transfer ETH from your own wallet, this is sometimes cheaper than using a credit card to convert fiat currency to tokens.
  • FXPro’s account options remain among the best out there for Ethereum traders, who can use ETH, BTC, e-wallets like PayPal and Skrill or classic card and wire transfers to fund their accounts. The $100 minimum deposit is accessible, and there are no deposit or withdrawal charges account funding imposed when you fund or empty your account.

FAQ

Why Is An Ether Broker?

Ethereum brokers are online platforms that facilitate the purchase, sale and exchange of Ethereum (ETH). This could be in the form of spot and leveraged investing, futures, CFDs or other derivatives.

What Is The Difference Between An Ethereum Broker And An Exchange?

An exchange provides an online platform for users to buy and sell Ethereum with each other. Ethereum brokers, on the other hand, set the price themselves or sources it from liquidity providers, and often provides trading via derivatives like CFDs rather than directly buying and selling the crypto tokens.

Article Sources

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