The popularity of cryptocurrencies has brought with it a host of interesting DeFi projects. One such token provider is Yearn Finance: used for yield generation, aggregation, and insurance on the Ethereum blockchain. The platform essentially allows users to try and boost their crypto earnings. We list the top exchanges and brokers with Yearn Finance, as well as explaining how it works, opportunities, and risks.
Best Yearn Finance Brokers & Exchanges
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- Crypto Spread: 114.37 (BTC)
- Platforms: Web Platform, MT4, MT5, TradingCentral
- Min. deposit: $200
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- Crypto Spread: BTC 1%
- Crypto Staking
- Platforms: eToro Web, CopyTrader, TradingCentral
61% of retail CFD accounts lose money. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. -
- Crypto Spread: Variable
- Platforms: MT4, MT5
- Min. deposit: $0
84.6% of retail CFD accounts lose money. -
- Crypto Spread: From 0 pip
- Platforms: MT4, MT5
- Min. deposit: $10
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- Crypto Spread: From 0.1
- Platforms: Web, MT4, MT5, cTrader
- Min. deposit: $10
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- Crypto Spread: Variable
- Crypto Lending
- Crypto Staking
Learn how we test brokers and why you can trust our ratings.
Here is a short overview of each broker's pros and cons
- Markets.com 4.4/5 Markets.com’s crypto offering covers 30+ major coins, including Bitcoin, Ethereum, and Litecoin, with leverage options that vary by region but stay more conservative than on forex. Execution was generally smooth in our tests, though spreads were noticeably wider during high volatility, making it better for swing trades than ultra-short-term scalping.
- eToro 4.0/5 eToro leads the way in cryptocurrency trading, offering competitive spreads and a fixed 1% commission, plus their own wallet service. The broker offers a vast list of 100+ tokens which is continually being updated, including 29 new tokens in April 2025, from AI to memecoins. It also brought in crypto staking in 2025, allowing users to earn rewards for HODLing digital assets. Crypto investments are risky and may not suit retail investors. You could lose your entire investment. Understand the risks here.
- FXCC 4.6/5 FXCC has ramped up its range of cryptocurrencies for trading, going from under 10 to more than 30. There are no restrictions on crypto day trading strategies with Expert Advisors (EAs) permitted. Digital currencies can be traded 24/7 with no commission and leverage up to 1:20.
- Ingot Brokers 4.3/5 You can access 25 cryptocurrencies paired with USD, including BTC/USD and ETH/USD as well as smaller tokens like DOTUSD. The broker doesn’t offer a crypto wallet or exchange, although you can deposit via Bitcoin, Ethereum or Tether with zero fees.
- LiteFinance 4.0/5 LiteFinance offers a growing selection of 70+ cryptocurrencies, mostly paired with USD. The list includes some lesser-known tokens with lower market capitalization. However, traders will not directly buy and own the crypto tokens they trade.
- OKX 4.1/5 OKX continues to offer a superb selection of 400+ tokens including Bitcoin and Ripple. You can buy and sell tokens or trade cryptos on margin via derivatives, including perpetual swaps, options and futures. OKX stands out for its low fees, extensive range of tokens and speedy crypto transactions.
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 |
|---|---|---|---|---|---|
| Markets.com | 1259 | ||||
| eToro | 32292 | ||||
| FXCC | 225 | ||||
| Ingot Brokers | 57 | ||||
| LiteFinance | 687 | ||||
| OKX | 1771 |
Markets.com
Markets.com is best suited to retail investors who trade frequently but don’t want to calculate commissions, thanks to its spread-only pricing (EUR/USD around 1.3 pips). It especially appeals to short-term traders who value fast execution, flexible asset choice spanning 2,200+ instruments and proprietary tools like hedge fund confidence indices and insider trade alerts.
Christian Harris, Reviewer
Markets.com quick facts
- Coins
- XLM, PENGU, BTC, XTZ, SNX, YFI, TRX, HLP, HIVE, VAULTA, CRV, RSR, BAT, AAVE, VANA, VIRTUAL, XRP, DOGE, LTC, SKY, XMR, ADA, BCH, DASH, AVAX, BGB, PI, ETH, WLFI, TON, ZRX, SOL, DOT, LINK, UNI
- Crypto Mining
- ✘No
- Auto Market Maker
- ✘No
- Crypto Spread
- 114.37 (BTC)
- Crypto Lending
- ✘No
- Crypto Staking
- ✘No
- Platforms
- Web Platform, MT4, MT5, TradingCentral
- Minimum Deposit
- $200
- Regulator
- ASIC, CySEC, FSCA, BVI FSC
- Account Currencies
- USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK, CHF, PLN, CZK
Pros
- Markets.com’s Hedge Fund Confidence and Insider Trading tools pulls SEC filings into the dashboard within 24 hours of disclosure, helping to spot fund moves and C-suite buys before most retail newsfeeds updated.
- Within the 2,200+ CFDs, Markets.com offers thematic baskets like the Warren Buffett Blend and Cannabis Blend, which behaved like ready-made mini-ETFs during testing, saving the work of balancing weights manually.
- Switching between the proprietary web platform (great for alerts and quick analysis) and MT5 (strong for algorithmic EAs) was smooth in our tests; positions synced across desktop, web, and mobile without gaps or re-quotes.
Cons
- While CySEC and FSCA oversight is solid, the SVGFSA and BVIFSC entities offers 1:500 leverage under a light-touch framework, meaning protections like compensation schemes and strict conduct rules lag behind the strictest regulatory standards.
- Inactivity charges kick in after just 3 months, while variable spreads are wider than top ECN brokers during testing, which may deter day traders and high-frequency traders.
- During sign-up, we hit unclear account type explanations and got stuck in an email verification loop that locked us out for an hour - way less streamlined than other brokers we’ve tested.
eToro
eToro's social trading platform leads the pack with a terrific user experience and active community chat that can help beginners find opportunities. There are also competitive fees on thousands of CFDs and real stocks, plus excellent rewards for experienced strategy providers.
Christian Harris, Reviewer
eToro quick facts
- Coins
- BTC, ETH, BCH, XRP, DASH, LTC, ETC, API3, CRO, SKL, IMX, ADA, MIOTA, XLM, EOS, NEO, TRX, ZEC, BNB, XTZ, DOT, MKR, COMP, LINK, UNI, YFI, DOGE, AAVE, FIL, ALGO, ATOM, MANA, APE, LRC, ENJ, BICO, BAT, BNT, OGN, MATIC and many more
- Crypto Mining
- ✘No
- Auto Market Maker
- ✘No
- Crypto Spread
- BTC 1%
- Crypto Lending
- ✘No
- Crypto Staking
- ✔Yes
- Platforms
- eToro Web, CopyTrader, TradingCentral
- Minimum Deposit
- $50
- Regulator
- FCA, CySEC, MiCA, MFSA, FSRA, ASIC, FSAS, MAS, GFSC
- Account Currencies
- USD, EUR, GBP, AUD, DKK
Pros
- eToro introduced EUR and GBP accounts, and more recently BTC and ETH payments, cutting conversion fees and providing a localized trading experience.
- eToro introduced automated crypto staking (except for Ethereum which requires opt-in) providing a route to passive income.
- eToro picked up second place in DayTrading.com's 'Best Crypto Broker' for 2025 with its huge range of tokens, reliable service and competitive fees.
Cons
- The lack of additional charting platforms like MT4 will reduce the appeal for seasoned day traders accustomed to using third-party software.
- There are limited contact methods aside from the in-platform live chat.
- There is a $30 minimum withdrawal amount and a $5 fee, which will affect novices with low capital.
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
- Coins
- BTC, BCH, ETH, LTC, XMR, DASH, XRP, ALG, ATO, AVE, AVX, AXS, BNB, BSV, CKE, DOT, ENJ, FTM, LNK, MEL, MNA, MTC, SHB, SND, SNX, SOL, TRP, UNI, WAV, XTZ, YFI
- Crypto Mining
- ✘No
- Auto Market Maker
- ✘No
- Crypto Spread
- Variable
- Crypto Lending
- ✘No
- Crypto Staking
- ✘No
- Platforms
- MT4, MT5
- Minimum Deposit
- $0
- Regulator
- CySEC, MISA
- 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
- 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.
- 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 the economic calendar has benefited from a facelift, FXCC still offers very little in terms of market research beyond basic daily technical analysis and aggregated market news, with no tools like Autochartist or social sentiment data.
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
- Coins
- BTC, ETH, LTC, BCH, XRP, DOT, EOS, LNK, DOGE, ADA, XLM, ATOM, AAVE, AVX, BNB, DASH, ENJ, FTM, MATIC, SNX, WAVE, XMR, XTZ, YFI, SOL
- Crypto Mining
- ✘No
- Auto Market Maker
- ✘No
- Crypto Spread
- From 0 pip
- Crypto Lending
- ✘No
- Crypto Staking
- ✘No
- Platforms
- MT4, MT5
- Minimum Deposit
- $10
- Regulator
- ASIC, CySEC, JSC, FSA, CMA-Kenya
- Account Currencies
- USD, EUR, GBP, AUD
Pros
- Multiple free payment methods are available, including bank transfers and crypto payments
- Ingot Brokers holds multiple regulatory licenses, including two from the top-tier regulators, ASIC and CySEC
- Ingot Brokers offers a copy trading service with passive income opportunities for experienced strategy providers
Cons
- The range of 30+ currency pairs is below the industry average and won’t be sufficient for serious forex traders
- Despite improvements in the Resources Hub, the broker’s education and market research still trail many competitors
- The ECN account offers fewer assets than the other account types
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
- Coins
- AAV, ADA, ALG, ALI, ATO, AVX, AXS, BCH, BNB, BTC, BTG, COM, DGE, DOT, DSH, ENJ, EOS, ETH, FIL, ICP, ILV, ITA, KAV, LNK, LTC, LUN, MKR, MNA, MTC, NEA, NEO, OMG, QTM, SIA, SND, SOL, STX, THT, TRX, UNI and many more
- Crypto Mining
- ✘No
- Auto Market Maker
- ✘No
- Crypto Spread
- From 0.1
- Crypto Lending
- ✘No
- Crypto Staking
- ✘No
- Platforms
- Web, MT4, MT5, cTrader
- Minimum Deposit
- $10
- Regulator
- FSC
- Account Currencies
- USD, EUR
Pros
- Decent suite of extra tools and features including a VPS
- Automated trading via APIs
- Great trading platform support with MT4, MT5 and a proprietary app
Cons
- Wide spreads on the Classic account
- Not overseen by any top-tier regulator
- Some complaints online about difficulties withdrawing funds
OKX
OKX is a top pick for crypto traders looking for emerging coins and crypto projects to invest in. Traders can also make use of the broker's copy trading service and automated bots.
William Berg, Reviewer
OKX quick facts
- Coins
- 1INCH, AAVE, ACA, ACE, ACH, ADA, AERGO, AEVO, AGLD, AIXBT, ALCX, ALGO, ALPHA, AMP, ANIME, APE, API3, APT, AR, ARB, ARG, ARKM, ARTY, ASTR, ATH, ATOM, AUCTION, AVAX, AXS, BABY, BABYDOGE, BADGER, BAL, BANANA, BAND, BAT, BCH, BERA, BICO, BIGTIME and many more
- Crypto Mining
- ✘No
- Auto Market Maker
- ✘No
- Crypto Spread
- Variable
- Crypto Lending
- ✔Yes
- Crypto Staking
- ✔Yes
- Platforms
- AlgoTrader, Quantower
- Minimum Deposit
- 10 USDT
- Regulator
- FinCEN, VARA
- Account Currencies
- USD, EUR, GBP, INR, JPY, SGD, RUB, AED, SAR
Pros
- There's a vast developer lab plus access to a marketplace of pre-built trading bots with auto-arbitrage
- In 2025, OKX secured a MiFID II license, enabling it to offer regulated derivatives products across Europe, providing peace of mind
- Traders can access historical market data for spot and futures combining OHLC data, aggregate trades and trading history
Cons
- The firm offers limited regulatory oversight, though this is common among crypto exchanges
- The quality of customer support was inconsistent based on testing
- In 2025 OKX agreed to pay over $500 million in penalties for violating AML laws in the US
What Is Yearn Finance?
Yearn Finance had its launch date in July 2020. The gateway is designed to make interactions with commonly used DeFi ecosystems as simple as possible, whilst also capitalising on respective cryptocurrencies.
The platform primarily provides automated yield farming strategies, offering some seemingly attractive returns on the Ethereum blockchain, though nothing is guaranteed. The website offers a slick dashboard to manage holdings and view stats.
Yearn Finance also has its own crypto coin, known as YFI. The token helps automatically move user funds between other leading DeFi projects, including Dydx, Aave and Compound.
The platform makes money by charging withdrawal fees in addition to gas subsidisation fees, similar to competitors.
Today, hundreds of millions worth of digital assets are locked in Yearn Finance.
Features
Coined the ‘Bitcoin’ of DeFi by some users, Yearn Finance offers multiple features to aid your crypto portfolio. It is made up of vaults and most commonly used to maximise APY (annual percentage yields) of digital currencies deposited into DeFi systems. This ecosystem principally revolves around the Yearn Finance token, but its assets extend beyond that.
Other protocols offered include:
- Ytrade.finance – permits customers to go short or long on stablecoins with 1000x leverage
- Yswap.exchange – allows users to manually deposit their funds between various DeFi protocols
- Yliquidate.finance – handles flash loans, using them to liquidate funds from Aave
- Iborrow.finance – facilitates tokenising debt in other protocols through Aave, so additional DeFi protocols can still be utilised
Vaults is particularly popular among users and allows clients to hold an asset they like, such as Bitcoin, while also earning yield on it. Connect your digital wallet and head to the Vaults section to get started.
Benefits
Yearn Finance has been pegged as one of the fairer launches since Bitcoin. Instead of following an Initial Coin Offering (ICO) model, YFI allowed its users to participate in the protocol with a new price for each new coin: helping the project to build rapidly. Each user also has an influence over the network by holding the governance token.
The platform itself is easy to navigate and has an active community in the DeFi space. New starters can interact with and learn from seasoned users in the blockchain space.
Drawbacks
Set up by Andre Cronje, some argue Yearn Finance relies heavily on Andre’s influence, who hinted that he may leave the DeFi space, meaning the price of YFI tumbled. The result is uncertainty around the future of the blockchain gateway, affecting not just the value of the token, but also the longevity of the different protocols and features offered.
Like all crypto projects, there’s also risk. And there’s no guarantee you’ll make money.
Security
The decentralised finance space is still emerging, bringing with it a series of safety concerns. Cryptocurrencies are currently the subject of regulatory scrutiny, threatening the stability and future of leading tokens like Bitcoin.
Then there is the website itself, which makes no guarantees and provides limited information on the owners and management team. Yearn Finance is also relatively young – starting in 2020. As a result, it’s important users go into Yearn Finance with their eyes open to the risks.
Customer Support
Yearn Finance can be contacted should you encounter issues. They have an active community forum where proposals can be voted on. They are also active on social media, including Discord, X and Medium. They also have a Bug Bounty program to help resolve issues. Head over to the Yearn Finance website to get in touch.
How To Use Yearn Finance
- Open an online account – open an account with a crypto broker that supports the coins you want to invest in. Submit the necessary information, personal details, and get yourself set up
- Buy a wallet – Most investors will hold tokens in a hardware or software wallet to minimise risk
- Get started – once the wallet is set up, you can link it to Yearn Finance to access the different services
Final Word
Yearn Finance helps facilitate access to a range of DeFi protocols and offers an emerging token in YFI. The active blockchain community is a great forum for aspiring traders and offers opportunities to possibly generate additional returns from their crypto holdings. Whether or not DeFi protocols will thrive in the long term it’s hard to say, however, their growth thus far was certainly influenced by YFI.
FAQ
Is Yearn Finance Safe?
Trading cryptocurrencies is notoriously volatile and blockchain projects are risky. As a result, nobody can guarantee the safety of Yearn Finance. Only invest what you can afford to lose.
Is Yearn Finance Legit?
Yearn Finance is a legitimate website and a digital token. YFI can be traded on multiple exchanges and the network offers automated yield farming strategies.
Is Yearn Finance A Cryptocurrency?
Yes, Yearn Finance has a crypto token called YFI with over 36,000 coins in supply. While it was once one of the biggest crypto tokens by market capitalization it no longer is.
Is Yearn Finance Better Than Bitcoin?
Whether Yearn Finance is better than Bitcoin will depend on your goals. Bitcoin is particularly volatile with large price swings while Yearn Finance has lost considerable value over the years.
Find out more about trading cryptocurrency including suitable alternatives.