Cryptocurrency represents an exciting new market in which to speculate and invest. However, coins such as Ethereum (ETH) also have real-world utility as a payment method to add and withdraw funds to brokerage accounts. An increasing number of brokerages are accepting Ethereum deposits, providing crypto investors with a seamless payment solution and anonymity.
This guide uncovers the benefits and risks of funding your account with Ethereum, from network confirmation times to transfer fees and limits. We have also compiled a list of the best brokerages that accept Ethereum payments in 2026.
Best Ethereum Payment Exchanges
We recommend these 6 brokers that support Ethereum payments, based on our tests:
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- Demo account
- Regulator: FMA, FSA
- Min. deposit: $0
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- Demo account
- Regulator: CySEC, MISA
- Platforms: MT4, MT5
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- Demo account
- Regulator: FSA
- Platforms: MT5
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- Demo account
- Regulator: ASIC, CySEC, JSC, FSA, CMA-Kenya
- Platforms: MT4, MT5
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- Demo account
- Platforms: MT4, MT5, TradeLocker
- Min. deposit: $50
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- Demo account
- Regulator: FSC
- Platforms: Web, MT4, MT5, cTrader
Learn how we test brokers and why you can trust our ratings.
Here is a short overview of each broker's pros and cons
- BlackBull 4.5/5 BlackBull is a New Zealand-based CFD broker providing diverse trading opportunities on over 2,180 instruments. After undergoing a rebrand in 2023, it now sports a modern look and feel complete with professional-grade trading tools and ultra-fast execution speeds averaging 20ms.
- FXCC 4.6/5 FXCC is an established broker that’s been offering low-cost online trading since 2010. Registered in Comoros Union and regulated by the CySEC, it stands out for its ECN trading conditions, no minimum deposit and smooth account opening that takes less than 5 minutes.
- Bullwaves 3.9/5 Established in 2024 and headquartered in Seychelles, Bullwaves is a MetaTrader-only broker offering access to a modest collection of 250+ assets including forex, metals, indices, and newer additions like stocks and ETFs. Traders can choose from three accounts; Classic, VIP and Elite, catering to different experience levels and budgets.
- Ingot Brokers 4.3/5 Ingot Brokers is a multi-regulated brokerage established in 2006. The broker offers CFD trading opportunities on 1000+ instruments including forex, stocks, indices, commodities and cryptocurrencies. The broker supports the MetaTrader 4 and MetaTrader 5 platforms and offers both raw spreads and commission-free account options.
- Plexytrade 3.9/5 Established in 2024 and headquartered in Saint Lucia, Plexytrade is an ECN/STP broker. Geared towards active traders, it supports four account options, crypto deposits and withdrawals, plus very high leverage up to 1:2000 made possible by its unregulated status.
- LiteFinance 4.0/5 LiteFinance is an offshore-regulated broker with 55 forex pairs and a range of international stocks as well as a smaller list of indices, commodities and cryptocurrencies. With support for the MetaTrader 4 and MetaTrader 5 platforms as well as a proprietary mobile app, there is a good selection of tools available. The broker offers a Classic commission-free account as well as an ECN account with spreads starting from zero and a commission per lot.
Compare The Best Ethereum Payments Brokers
| Broker | Minimum Deposit | Instruments | Platforms | Leverage |
|---|---|---|---|---|
| BlackBull | $0 | CFDs, Stocks, Indices, Commodities, Futures, Crypto | BlackBull Invest, BlackBull CopyTrader, MT4, MT5, cTrader, TradingView, AutoChartist | 1:500 |
| FXCC | $0 | CFDs, Forex, Stocks, Indices, Metals, Energies, Crypto | MT4, MT5 | 1:1000 |
| Bullwaves | $100 | CFDs, Forex, Commodities, Stocks, Indices, ETFs, Crypto | MT5 | 1:500 |
| Ingot Brokers | $10 | CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies | MT4, MT5 | 1:500 |
| Plexytrade | $50 | CFDs, Forex, Indices, Stocks, Commodities, Crypto | MT4, MT5, TradeLocker | 1:2000 |
| LiteFinance | $10 | Forex, CFDs, indices, shares, commodities, cryptocurrencies | Web, MT4, MT5, cTrader | 1:1000 (Crypto 1:50) |
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.
| Broker | Our Users' Rating | Trustpilot Score | Trustpilot Reviews | iOS App Rating | Android App Rating |
|---|---|---|---|---|---|
| BlackBull | 3515 | ||||
| FXCC | 219 | ||||
| Bullwaves | 673 | ||||
| Ingot Brokers | 56 | ||||
| Plexytrade | 95 | ||||
| LiteFinance | 683 |
BlackBull
After improving its trading infrastructure with Equinix servers in London, reducing latency for traders, BlackBull is an obvious choice if you want to day trade stock CFDs with ECN pricing. With competitive spreads and no commission on a growing roster of digital tokens paired with USD, BlackBull also works for active crypto traders.
Christian Harris, Reviewer
BlackBull quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Stocks, Indices, Commodities, Futures, Crypto
- Regulator
- FMA, FSA
- Platforms
- BlackBull Invest, BlackBull CopyTrader, MT4, MT5, cTrader, TradingView, AutoChartist
- Minimum Deposit
- $0
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, SGD
Pros
- With two ECN-powered accounts (Standard and Prime), plus Prime+ - an active trader rewards program offering trading rebates - BlackBull accommodates beginners through to high-volume active traders.
- After partnering with ZuluTrade and Myfxbook, alongside improvements to its own CopyTrader, and finally enabling cTrader Copy, BlackBull offers one of the most comprehensive copy trading experiences we've seen.
- BlackBull is a much greater fit for aspiring traders following the overhaul of its ECN Prime account, now featuring improved spreads averaging 0.16 on EUR/USD and a more accessible minimum deposit of $0 compared to the old $2,000.
Cons
- Despite a growing selection of 2,180+ assets, including additions to its Asia Pacific indices, they are mainly stocks with an average selection of currency pairs and indices.
- Although the Education Hub now features improvements like webinars and tutorials, the courses we’ve explored need more focus on explaining the wider economic factors influencing prices.
- Unlike most top brokers, BlackBull charges an irritating $5 withdrawal fee, which can detract from the overall cost-effectiveness, especially for active traders who frequently move funds.
FXCC
FXCC continues to prove itself an excellent option for day traders with a particularly strong selection of 70+ currency pairs, ultra-tight spreads from 0.0 pips during testing, and a free VPS for qualifying traders.
Jemma Grist, Reviewer
FXCC quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Stocks, Indices, Metals, Energies, Crypto
- Regulator
- CySEC, MISA
- Platforms
- MT4, MT5
- Minimum Deposit
- $0
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD
Pros
- FXCC has stepped up its offering over the years, adding MT5 to its suite of platforms, hundreds of stocks and more cryptos to its product line-up, plus a copy trading feature and greater margin trading opportunities.
- Customer support still relies on human agents with response times of under three minutes on live chat during our tests and knowledgeable reps - a welcome break from the frustrating AI chatbots increasingly offered by brokers.
- The free VPS for qualifying traders and the ability to build or buy EAs on MetaTrader make FXCC a strong option for algo traders.
Cons
- Although regulated by the CySEC, FXCC’s offshore entity operates with weak regulatory oversight from MISA and may not provide safeguards like investor compensation in the event of broker insolvency.
- Although FXCC has bolstered its range of markets with US, European and Asian stocks, the choice of metals and energies is light, and there are no soft commodities.
- FXCC charges steep withdrawal fees on many of its payment methods, including $45 for bank transfers and 2% crypto transfers, which may cut into the returns of traders making regular withdrawals.
Bullwaves
Bullwaves may appeal to aspiring day traders looking for the MetaTrader charting platforms with a growing suite of research tools, including AI-powered market analysis. However, the limited track record and weak regulatory credentials raise questions about its reliability.
Christian Harris, Reviewer
Bullwaves quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Commodities, Stocks, Indices, ETFs, Crypto
- Regulator
- FSA
- Platforms
- MT5
- Minimum Deposit
- $100
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP
Pros
- Bullwaves now offers copy trading, allowing users to replicate the moves of traders across 900+ strategies with thin spreads from 0.01 pips.
- Registering on the Bullwaves website and setting up an account is super smooth, only taking a few minutes based on tests.
- Bullwaves has upgraded its market offering with global equities, soft commodities, cryptos, and ETFs, as well as tripling the selection of FX assets.
Cons
- Day traders and scalpers will likely prefer the VIP or ECN accounts, but these require significantly higher starting deposits ($3,000 and $5,000) compared to many brokers offering similar trading conditions with lower entry barriers.
- Bullwaves has limited education tools, reducing its appeal for beginners, especially compared to category leaders like IG that provide structured courses and interactive elements.
- Customer support performed poorly during our initial tests with no 24/7 chat support as advertised, and no response to our email queries, though it performed much better in our latest round of tests with most queries getting answers same-day.
Ingot Brokers
Ingot Brokers is a good choice for day traders looking for a no-frills broker with a wide range of instruments. Experienced traders will appreciate access to the advanced MT5 platform, although beginners may be disappointed in the lack of educational resources.
William Berg, Reviewer
Ingot Brokers quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies
- Regulator
- ASIC, CySEC, JSC, FSA, CMA-Kenya
- Platforms
- MT4, MT5
- Minimum Deposit
- $10
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, AUD
Pros
- Ingot Brokers holds multiple regulatory licenses, including two from the top-tier regulators, ASIC and CySEC
- Traders can access the market-leading MT4 and MT5 platforms, collectively offering dozens of advanced technical indicators and charting tools for detailed analysis
- Multiple free payment methods are available, including bank transfers and crypto payments
Cons
- The ECN account offers fewer assets than the other account types
- Despite improvements in the Resources Hub, the broker’s education and market research still trail many competitors
- The range of 30+ currency pairs is below the industry average and won’t be sufficient for serious forex traders
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, Reviewer
Plexytrade quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Indices, Stocks, Commodities, Crypto
- Platforms
- MT4, MT5, TradeLocker
- Minimum Deposit
- $50
- Minimum Trade
- 0.01
- Account Currencies
- USD, EUR
Pros
- Plexytrade accommodates a range of trading methods and short-term strategies, including scalping, hedging, and automated trading.
- The choice of accounts provides a solution for various trading styles, with Gold Raw appealing to day traders owing to its spreads from 0.0 pips.
- Sub 50ms execution speeds are fast enough for intraday trading setups.
Cons
- There are no social or copy trading features for inexperienced traders to replicate the trades of more experienced investors, trailing category leaders like eToro.
- 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.
LiteFinance
LiteFinance will suit traders seeking a long-standing broker to trade forex, stocks, commodities, indices, cryptocurrencies, and newer assets like equity perpetuals. The social trading system will also suit investors looking to learn from seasoned traders, though careful risk controls are required when copy trading.
Tobias Robinson, Reviewer
LiteFinance quick facts
- Demo Account
- ✔Yes
- Instruments
- Forex, CFDs, indices, shares, commodities, cryptocurrencies
- Regulator
- FSC
- Platforms
- Web, MT4, MT5, cTrader
- Minimum Deposit
- $10
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR
Pros
- Decent suite of extra tools and features including a VPS
- Great trading platform support with MT4, MT5 and a proprietary app
- Good range of forex pairs
Cons
- Wide spreads on the Classic account
- Not overseen by any top-tier regulator
- Some complaints online about difficulties withdrawing funds
How Did We Choose The Best Ethereum Brokers?
To reveal the top Ethereum brokers, we:
- Referred to our database of 143 online trading platforms and exchanges, shortlisting all those that accept Ethereum payments
- Verified that they support Ethereum deposits and withdrawals for day trading
- Sorted them by their total score, based on over 200 data entries and insights from our extensive tests
Ethereum Payments Explained
Ethereum is a digital network that allows users to make payments in its currency tokens, Ether or ETH. But while many utilize the crypto as a speculative instrument, long-term investment or an interest-generating savings asset, tokens can also facilitate 24/7 digital payments across the globe in a decentralized currency.
Before getting into the specifics of using Ether to make deposits and withdrawals to an online broker, our experts have created a quick introduction to how token transfers work…
After purchasing or receiving Ethereum coins into an online wallet, investors can transfer these tokens to an ETH-compatible payment address to make transactions. These transfers can be made via QR code when using a mobile investing app or a unique wallet address on a desktop device.
While payment methods such as PayPal, Apple Pay and bank transfers often have geographical or currency restrictions, Ethereum tokens do not discriminate. This makes Ether an excellent option for cross-border payments to offshore brokerages.
However, for transactions to be verified by the network, traders often pay block or gas fees, which compensate other token holders for providing the network on which payments are made.
Here are a few ways in which Ethereum payments and smart contracts can be used by traders:
Brokerages
When we investigated brokerages that accept Ethereum payments, we found that an increasing number of platforms are facilitating crypto deposits.
Many brokerages will convert Ether payments into a fiat currency such as USD, EUR or GBP to use in margin investing. However, some online investing services use crypto base currency support to provide ETH-based accounts that facilitate direct Ethereum trading. We have compiled a detailed guide to choosing the top Ethereum brokers.
In addition, traders can use Ether to pay for stocks, as margin for forex and CFDs, or to speculate on futures markets.
Cryptocurrency Exchanges
Ethereum is one of the most prominent cryptocurrencies in the decentralized space behind only Bitcoin. As such, we could not find a single cryptocurrency exchange or investing platform that did not support Ethereum deposits and withdrawals.
Adding Ether to an exchange can serve investors in several ways. This includes using a platform that supports high-yield staking, using crypto as margin for loans or simply accessing preferable exchange spreads and fees.
Payment Timelines
Speedy payment transaction times are crucial in the retail investing space. Traders often need to add funds quickly to capitalize on a market opportunity or add margin to maintain a position.
When we used Ether as a deposit and withdrawal method, we found that payment times ranged from 15 seconds to 5 minutes on average.
However, network speed also depends on how many people are making payments at any one time. Events such as NFT sales have caused transaction times to spike up to 4 hours.
When making a withdrawal using Ethereum, providers will often need to make checks and process the transaction independently of network times. This holding period usually is less than 24 hours and ensures that money laundering and finance compliance checks can be made.
Transfer Fees
Choosing a payment method with the lowest fees is a priority for many traders, with hefty charges potentially eating into hard-earned profits.
While Ethereum deposit and withdrawal fees vary from broker to broker, charges on this side of the transaction are usually small, if not zero. However, when making Ethereum payments, traders must also consider the ‘gas’ or network fees per transaction.
Similar to transaction times, Ether prices fluctuate based on network availability, with higher charges to pay during peak times and lower fees during less busy hours. Average fees change daily but are down considerably from highs in its history of over $70 in May 2021– fees averaged $7.17 in 2023.
While Ether transfer fees are lower than Bitcoin payments, some traders still feel that these are too high. And importantly, many alternative payment methods supported by online brokerages are fee-free for deposits and withdrawals.
Security
Due to cryptocurrency’s patchy reputation, some traders may be hesitant to use Ethereum to deposit and withdraw to their online brokerage accounts.
However, Ether is a trusted and secure payment network trusted by millions of investors around the world. All transactions are recorded on the blockchain and can be viewed via the Ethereum.org payment tracker.
This said, there are dangers when making Ethereum payments. For example, suppose you make a mistake when transferring ETH to your broker’s wallet. In that case, there is no way to refund the tokens to your own address. As a result, it’s always better to use payment links rather than manually input a wallet address.
This quality also means that scammers that take control of an account can anonymously withdraw Ether from a wallet or brokerage. Fortunately, the best online brokerages and wallet providers allow users to set up additional security measures through two-factor authentication.
Benefits Of Ethereum Deposits For Traders
- Ability to cap gas fees
- Gas fees calculator available online
- Processing times can be competitive
- Secure blockchain-based payment system
- Cross-border deposits are quick and easy
- Decentralized currency eliminates forex fees
- Ether transfer fees are far lower vs bitcoin payments
- Potential for low minimum deposit and withdrawal amounts
- A growing list of platforms that accept Ethereum deposit requests
Problems With Ethereum Deposits For Traders
- Costs and speed can spike during high volumes
- Fees are more expensive than traditional payment methods
- Not widely supported by investing brokerages and platforms
- The Ether payment system is not as streamlined as standard payment methods
How To Deposit Using Ethereum
To help you make Ethereum payments to your brokerage quickly and easily, our experts have created this guide to making crypto deposits.
Create/Log In To An Account
After finding exchanges that accept Ethereum payments, the first step is to create an account. Brokerages like FXCC usually require an email address, postal address, full name and password, with additional information needed later for identity verification.
Once an account is set up, log in to the client portal using your registered email address and password.
Locate Wallet
Once securely logged in to the client portal, navigate to your wallet area. This is often labelled “add funds” or “deposit funds”.
Select Payment Method
Most platforms support a wide selection of payment methods, such as PayPal, bank transfer, Skrill, Neteller, Visa and Mastercard credit/debit cards, plus cryptocurrencies. Find the Ether option and select it.
Specify Funding Amount
Some accounts that accept Ethereum will require investors to specify the amount of Ether they wish to deposit, either as an ETH or USD value.
Generate Wallet Address
Next, the brokerage will generate a unique wallet address for this transaction via a payment gateway, which will only work for Ethereum payments. Make a note of this address carefully, as a mistake here will mean that your funds could be sent to the wrong address and lost.
Add Funds
Log in to the wallet or exchange where your Ether tokens are held, and find the section in which users can make outgoing transfers. Then, input the wallet address carefully, along with the desired value of tokens to transfer.
Make the payment, and within 5-30 minutes under normal network conditions, your funds should have arrived with your online brokerage, minus any gas fees.
Are Ethereum Payments Good For Day Trading?
Ethereum deposits are an excellent option for traders who deal mainly in cryptocurrency or want to make recurring payments cross-borders and avoid lengthy wire transfer waiting times and forex fees. While not many brokerages currently offer the option to pay in crypto coins, more platforms are starting to adopt this payment method. However, investors should ensure that wallet addresses are correct when making transfers.
Use our list of the top brokerages that accept Ethereum deposits and withdrawals to get started.
FAQ
What Are The Average Fees For Ethereum Deposits To Brokerage Accounts?
Despite Ether fees spiking up to over $70 in 2021, prices dipped back down to around $7.17 in 2023. That said, prices fluctuate significantly year on year. Most investing platforms that accept Ethereum also waive fees at the deposit stage, though there may be a charge when it comes to making a withdrawal.
Does ETH Allow Instant Deposits To Investing Accounts?
On average, the Ether network will process payments in between 5 and 30 minutes. However, low utilization can see transaction time drop into seconds, while high activity can drive times as high as 4 hours.
What Are Ethereum Deposit Fees Vs Bitcoin Charges To Brokerage Accounts?
Ether fees are far lower than Bitcoin’s, even in peak network times, by a significant percentage. For this reason, many traders favour Ethereum payments over the crypto coin’s main rival.
Can I Track My Ethereum Brokerage Payment?
Interested parties can view all the payments made on the Ether network online. However, the details of the sending and receiving parties are entirely anonymous. Head to the official Ether payment tracker for more details – Ethereum.org. Here you can also find details of the latest updates and news on queues, thresholds, and fee reductions.
Are Ethereum Deposits To Investing Platforms Free?
Many brokerages that have accepted Ethereum payments do not charge additional fees for deposits and withdrawals, though this varies between investing services. We have ranked the best brokerages that accept Ethereum payments. Use our full reviews to find a low-cost or free provider.