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Rankings updated October 2026

Best Ethereum Brokers & Exchanges 2026

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 2026

After testing 143 providers, we’ve identified the 6 best for secure Ethereum trading in Ukraine:

Tested with a live trading account Accepts traders from Ukraine Your capital is at risk. Trade only with funds you can afford to lose.
  1. Our top pick in Ukraine
    • Coins: BTC, ETH, LTC, XRP, BCH
    • Crypto Spread: Variable
    • Platforms: MT4, MT5, TradingCentral
    • Coins: BCH, BTC, BTG, ETH, LTC, XRP, EOS, DASH
    • Crypto Spread: BTC <1%, ETH 2%
    • Min. deposit: $100
    • Coins: BTC, ETH, LTC
    • Crypto Spread: Fixed
    • Platforms: TN Trader, MT4, TradingView
    • Crypto Spread: BTC 42.036
    • Min. deposit: $200
    • Regulator: ASIC, CySEC, FSA, SCB, CMA-Kenya
    • Crypto Spread: 17.3 (Bitcoin)
    • Min. deposit: $0
    • Regulator: ASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya
    • Coins: BCH, BTC, ETH, LTC, XRP, IOTA, NEO, EOS, XMR
    • Crypto Spread: Variable
    • Platforms: WebTrader, App
    81% of retail CFD accounts lose money.

Learn how we test brokers and why you can trust our ratings.

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. XM is the best broker for trading Ethereum in Ukraine in 2026 4.8/5 XM offers a handful of cryptocurrencies against the USD via the South African entity only. These are tradable via CFDs with very high leverage up to 1:500, amplifying potential returns but also losses. You can day trade major tokens like Bitcoin, Ethereum and Ripple, though the suite of tokens trails the 100+ crypto derivatives at some category leaders.
  2. AvaTrade 4.9/5 Regulated in five continents, AvaTrade offers a secure way to access crypto markets. There's a growing range of digital currencies including Bitcoin, Ethereum and Ripple, plus more unusually, a crypto index for diversified exposure. You can also access competitive crypto spreads in the broker's three platforms as well as 1:2 leverage.
  3. Trade Nation 4.4/5 Cryptocurrencies are available through the broker's Bahamas entity. Traders can access thousands of indicators to tailor their crypto trading strategies and there are no hidden charges.
  4. IC 4.8/5 IC offers 20+ cryptocurrencies which are tradable via CFDs, including lesser-known tokens such as Avalanche, Kusama and Uniswap. Commission-free trading is available, and experienced crypto traders can access leverage in the MetaTrader platforms.
  5. FP Markets 4.2/5 FP Markets supports CFDs on popular cryptos including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. Yet while you can speculate on price movements through CFDs, direct ownership of coins is not supported. FP Markets also doesn’t add up-and-coming tokens for crypto enthusiasts on the pulse.
  6. Plus500 4.1/5 Investors can trade on rising and falling prices with CFDs on popular cryptos like Bitcoin. Plus500 also stands out for its crypto indices, which offer diversification opportunities by tracking a basket of leading digital currencies. Availability subject to regulation.

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
BrokerMargin TradingPayment MethodsRegulators
XM ✔YesAirtel, Apple Pay, Credit Card, Debit Card, Google Pay, M-Pesa, Neteller, Perfect Money, Skrill, TransferWise, Visa, Wire TransferCySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE
AvaTrade ✔YesBoleto, Credit Card, Debit Card, FasaPay, JCB Card, Mastercard, MoneyGram, Neteller, Perfect Money, Skrill, Swift, WebMoney, Wire TransferASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct)
Trade Nation ✔YesAirtel, Credit Card, Debit Card, Mastercard, Skrill, Visa, Wire TransferFCA, ASIC, CMVM , FSCA, SCB, FSA
IC ✔YesBPAY, Credit Card, Klarna, Mastercard, Neteller, PayPal, POLi, Rapid Transfer, SafeCharge, Skrill, Swift, UnionPay, Visa, Wire TransferASIC, CySEC, FSA, SCB, CMA-Kenya
FP Markets ✔YesApple Pay, Bitcoin Payments, Credit Card, Debit Card, Dragonpay, FasaPay, Finrax, Google Pay, Mastercard, Neteller, Perfect Money, Rapid Transfer, Skrill, Sticpay, Visa, Wire TransferASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya
Plus500 ✔YesApple Pay, Credit Card, Debit Card, Mastercard, PayNow, PayPal, Skrill, Trustly, Visa, Wire TransferFCA, CySEC, EFSA, ASIC, FMA, FSCA, MAS, ISA, FSA, DFSA, SCA, JFSA, SCB, CIRO, BAPPEBTI, OJK, BI

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?
BrokerTrust RatingGuaranteed Stop LossNegative Balance ProtectionSegregated Accounts
XM 4.5 / 5✘No✔Yes✔Yes
AvaTrade 4.5 / 5✘No✔Yes✔Yes
Trade Nation 4.3 / 5✘No✔Yes✔Yes
IC 4.6 / 5✘No✔Yes✔Yes
FP Markets 3.3 / 5✘No✔Yes✔Yes
Plus500 4.4 / 5✔Yes✔Yes✔Yes

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
BrokerMobile AppsiOS RatingAndroid RatingSmart Watch App
XM iOS, Android & Windows4.7 / 53.9 / 5✘No
AvaTrade iOS & Android4.3 / 54.0 / 5✘No
Trade Nation iOS & Android4.5 / 54.5 / 5✘No
IC iOS & Android3.1 / 54.2 / 5✘No
FP Markets iOS & Android4.0 / 54.0 / 5✘No
Plus500 iOS, Android & Windows4.1 / 54.3 / 5✘No

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?
BrokerDemo AccountMinimum DepositMinimum TradeEducation RatingSupport Rating
XM ✔Yes$50.01 Lots4.8 / 54.9 / 5
AvaTrade ✔Yes$1000.01 Lots4.5 / 54.3 / 5
Trade Nation ✔Yes$00.1 Lots4.2 / 54.9 / 5
IC ✔Yes$2000.01 Lots3.5 / 54.5 / 5
FP Markets ✔Yes$00.01 Lots3.5 / 53.7 / 5
Plus500 ✔Yes$100Variable3.0 / 54.0 / 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?
BrokerAutomated TradingVPSAIPro AccountLeverageLow LatencyExtended Hours
XM Expert Advisors (EAs) on MetaTrader✔Yes✔Yes✘No1:1000✔Yes✘No
AvaTrade Expert Advisors (EAs) on MetaTrader✘No✔Yes✔Yes1:30 (Retail) 1:400 (Pro)✔Yes✘No
Trade Nation Expert Advisors (EAs) on MetaTrader✘No✘No✘No1:30 (FCA, CMVM, ASIC), 1:200 (FSCA, SCB), 1:500 (FSA)✘No✘No
IC Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade✔Yes✘No✘No1:5000✔Yes✘No
FP Markets Expert Advisors (EAs) on MetaTrader, cBots on cTrader✔Yes✘No✘No1:30 (UK), 1:500 (Global)✔Yes✘No
Plus500 ✘No✘No✔Yes✘No✔Yes✘No✘No

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
BrokerTrustPlatformsAssetsMobileFeesAccountsResearchEducationSupport
XM 4.5 / 54.8 / 54.5 / 54.3 / 54.0 / 54.5 / 54.3 / 54.8 / 54.9 / 5
AvaTrade 4.5 / 54.3 / 54.5 / 54.2 / 53.8 / 54.3 / 54.3 / 54.5 / 54.3 / 5
Trade Nation 4.3 / 53.9 / 53.7 / 54.5 / 54.3 / 54.2 / 53.9 / 54.2 / 54.9 / 5
IC 4.6 / 54.0 / 54.1 / 53.7 / 54.6 / 54.0 / 54.0 / 53.5 / 54.5 / 5
FP Markets 3.3 / 54.0 / 54.0 / 54.0 / 54.1 / 53.8 / 53.5 / 53.5 / 53.7 / 5
Plus500 4.4 / 53.3 / 53.5 / 54.2 / 54.0 / 54.1 / 52.0 / 53.0 / 54.0 / 5

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

Community Sentiment
BrokerOur Users' RatingTrustpilot ScoreTrustpilot ReviewsiOS App RatingAndroid App Rating
XM 4.6 / 52.0 / 531304.7 / 53.9 / 5
AvaTrade 4.3 / 54.8 / 5135454.3 / 54.0 / 5
Trade Nation 4.0 / 54.4 / 521424.5 / 54.5 / 5
IC 4.3 / 53.0 / 523.1 / 54.2 / 5
FP Markets 4.0 / 54.8 / 5103494.0 / 54.0 / 5
Plus500 4.2 / 54.2 / 5200784.1 / 54.3 / 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 XM?

With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders, even earning our ‘Best MT4/MT5 Broker’ award in recent years.

Christian Harris Christian Harris, Reviewer

XM quick facts

Coins
BTC, ETH, LTC, XRP, BCH
Crypto Mining
✘No
Auto Market Maker
✘No
Crypto Spread
Variable
Crypto Lending
✘No
Crypto Staking
✘No
Platforms
MT4, MT5, TradingCentral
Minimum Deposit
$5
Regulator
CySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE
Account Currencies
USD, EUR, GBP, JPY, ZAR

Pros

  • XM stands out for its commitment to trader education, with a wealth of well-presented resources, including webinars, tutorials, and even real-time trading sessions through XM Live.
  • XM secured a category 5 license from the Securities and Commodities Authority (SCA) of the United Arab Emirates in late 2025, strengthening its regulatory credentials and making it a strong option for traders in the Middle East.
  • XM has rolled out platform upgrades with integrated TradingView charts and an XM AI assistant, delivering faster execution, smarter analysis, and a sleeker, more intuitive trading experience.

Cons

  • XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable solution for a more beginner-friendly user experience with unique features.
  • While the XM app stands out for its usability and exclusive copy trading products, the selection of technical analysis tools needs to be improved to meet the needs of advanced traders.
  • Although trusted and generally well-regulated in some regions, XM also has global entities registered with the weak regulators like FSC (Belize) and FSA (Seychelles), whilst UK clients are no longer accepted, reducing its market reach.

Why Trade ETH With AvaTrade?

AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets.

Jemma Grist Jemma Grist, Reviewer

AvaTrade quick facts

Coins
BCH, BTC, BTG, ETH, LTC, XRP, EOS, DASH
Crypto Mining
✘No
Auto Market Maker
✘No
Crypto Spread
BTC <1%, ETH 2%
Crypto Lending
✘No
Crypto Staking
✘No
Platforms
WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade
Minimum Deposit
$100
Regulator
ASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct)
Account Currencies
USD, EUR, GBP, CAD, AUD, ZAR

Pros

  • Years on, AvaTrade remains one of the few brokers offering a bespoke risk management tool, AvaProtect, that insures losses up to $1M for a fee and is easy to activate on the platform.
  • AvaTrade launched AvaFutures to offer low-margin access to global markets, then expanded in 2025 as one of the first brokers to add CME’s Micro Grain Futures, and then later in the year went further by integrating with TradingView.
  • Support at AvaTrade performed excellently during testing, with response times of 3 minutes and localized support in major trading jurisdictions, including the UK, Europe and the Middle East.

Cons

  • The AvaSocial app is good but not great – the look and feel, plus the navigation between finding strategy providers and account management needs upgrading to rival category leaders like eToro.
  • AvaTrade’s WebTrader has improved, but work is still needed in terms of customizability – frustratingly widgets like market watch and watchlists can’t be hidden, moved, or resized.
  • While signing up is a breeze, AvaTrade lacks an ECN account like Pepperstone or IC Markets, which provides the raw spreads and ultra-fast execution many day traders are looking for.

Why Trade ETH With Trade Nation?

Trade Nation suits discretionary traders who want to speculate on major indices like the US 500 or liquid FX pairs, and want the predictable all-in costs of fixed spreads. In tests, we found the fixed-spread TN Trader environment particularly useful for trading around scheduled economic releases owing to its reliable charting environment and because published spreads stayed capped.

Christian Harris Christian Harris, Reviewer

Trade Nation quick facts

Coins
BTC, ETH, LTC
Crypto Mining
✘No
Auto Market Maker
✘No
Crypto Spread
Fixed
Crypto Lending
✘No
Crypto Staking
✘No
Platforms
TN Trader, MT4, TradingView
Minimum Deposit
$0
Regulator
FCA, ASIC, CMVM , FSCA, SCB, FSA
Account Currencies
USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK

Pros

  • Trade Nation accounts can now be linked with TradingView, providing advanced multi-charts and the ability to execute trades directly.
  • Trade Nation's 2026 partnership with Volt has sped up payments for Australian traders, who can now make instant deposits and withdrawals using PayID, with the faster payout capabilities planned for clients in the UK and EU.
  • The broker expanded into Europe with regulated online trading services after securing authorization from Portugal's CVMV, boosting its safety protections for European residents.

Cons

  • There is no raw or ECN pricing tier, which are often prefered by day traders. No matter how much you deposit or trade, you use the same fixed (or variable on MT4) pricing as beginners, making it unsuitable for scalpers especially.
  • Offshore SCB and FSA entities allow retail clients up to 1:200 and 1:500 leverage compared to 1:30 in regions like the UK, Europe and Australia, so an FSA client can have 16 times the exposure of a UK retail client on the same trade, but with less oversight and no compensation scheme.
  • Withdrawals can take up to five business days, which is around the industry average but slower than the 1-3 days we’re increasingly seeing brokers offer in an attempt to quash withdrawal complaints from retail investors.

Why Trade ETH With IC?

IC (formerly IC Markets) offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders.

Christian Harris Christian Harris, Reviewer

IC quick facts

Coins
BTC, BCH, DOT, DSH, EMC, EOS, ETH, LNK, LTC, NMC, PPC, XLM, XRP, ADA, BNB, DOG, UNI, XTZ
Crypto Mining
✘No
Auto Market Maker
✘No
Crypto Spread
BTC 42.036
Crypto Lending
✘No
Crypto Staking
✘No
Platforms
MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower
Minimum Deposit
$200
Regulator
ASIC, CySEC, FSA, SCB, CMA-Kenya
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • As a tightly regulated and widely respected broker, IC prioritizes client security and transparency, helping to ensure a reliable trading experience globally.
  • IC secured DayTrading.com's 'Best MT4/MT5 Broker' in 2025 for its seamless, industry-leading MetaTrader integration, refined over years to maximize the platform experience.
  • You have access to over 2,250 CFDs across various markets, including forex, commodities, indices, stocks, bonds, and cryptocurrencies, allowing for diversified trading strategies.

Cons

  • The breadth and depth of tutorials, webinars and educational resources still need work, trailing alternatives like CMC Markets and reducing its suitability for beginners.
  • Despite four industry-leading third-party platforms, there is no proprietary software or trading app built with new traders in mind.
  • Interest isn't paid on unused cash, an increasingly popular feature found at alternatives like Interactive Brokers.

Why Trade ETH With FP Markets?

FP Markets strikes an ideal balance between affordability and quality for active traders. They’ve managed to keep trading costs low while expanding their investment offering, charting tools, and research features, all while providing excellent support you can rely on for urgent trading queries.

Christian Harris Christian Harris, Reviewer

FP Markets quick facts

Coins
ADA, BCH, BTC, DOG, DOT, EOS, ETH, LNK, LTC, RPL, SOL, XLM
Crypto Mining
✘No
Auto Market Maker
✘No
Crypto Spread
17.3 (Bitcoin)
Crypto Lending
✘No
Crypto Staking
✘No
Platforms
Iress, MT4, MT5, cTrader, TradingView, AutoChartist, TradingCentral
Minimum Deposit
$0
Regulator
ASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • FP Markets has a seamless onboarding experience, standing out with crypto deposits and over 10 base currencies, catering to global traders.
  • FP Markets offers a superb selection of tradable assets, especially since expanding its suite of commodities and supporting over 10,000 stocks.
  • FP Markets delivers fast and dependable support, available 24/5 with average response times of less than 1 minute during testing.

Cons

  • While pricing in the Raw account is excellent, spreads in the Standard account trail the cheapest brokers with a 1.1-pip average spread on the EUR/USD compared to the 0.8-pip average at IC Markets.
  • FP Markets’ Iress platform is only available to clients in Australia. It also primarily emphasizes stock trading over forex trading, and data fees can accumulate rapidly unless you're an active trader or maintain a high-balance account.
  • FP Markets trails the best MetaTrader brokers, despite offering a Trader's Toolbox on MT4, just 130 instruments are available, limiting opportunities for serious traders, especially compared to Pepperstone with its 1,300 assets.

Why Trade ETH With Plus500?

Plus500 offers a super-clean experience for traders with a CFD trading platform that sports a modern design and dynamic charting. That said, the broker’s research tools are limited, fees trail the cheapest brokers, and there’s room for enhancement in its educational resources.

Christian Harris Christian Harris, Reviewer

Plus500 quick facts

Coins
BCH, BTC, ETH, LTC, XRP, IOTA, NEO, EOS, XMR
Crypto Mining
✘No
Auto Market Maker
✘No
Crypto Spread
Variable
Crypto Lending
✘No
Crypto Staking
✘No
Platforms
WebTrader, App
Minimum Deposit
$100
Regulator
FCA, CySEC, EFSA, ASIC, FMA, FSCA, MAS, ISA, FSA, DFSA, SCA, JFSA, SCB, CIRO, BAPPEBTI, OJK, BI
Account Currencies
USD, EUR, GBP, AUD, ZAR, CZK

Pros

  • AI Bites has been added, giving active traders real-time, AI-generated market summaries, technical analysis, and social sentiment next to charts, aiding in short-term trading decisions
  • The broker offers low commission trading on a diverse range of markets, minimizing additional fees while appealing to established traders
  • In 2025 Plus500 added new share CFDs in emerging sectors like quantum computing and AI, offering opportunities in stocks like IonQ, Rigetti, Duolingo, and Carvana

Cons

  • Plus500’s lack of support for MetaTrader or cTrader charting tools might be a deal breaker for advanced day traders looking for familiarity
  • Algo trading and scalping are not supported, which may deter some day traders
  • Compared to some competitors, especially IG, Plus500’s research and analysis tools are limited

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.

  • 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.

  • 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.

Jemma GristJemma GristAuthor
  • 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. 

Jemma GristJemma GristAuthor
  • 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.

  • 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.