Prime Crypto Broker

For high-net-worth individuals and institutional investors, a prime crypto broker offers tailored services and exclusive features. These brokers provide exceptional security, high liquidity, and personalized support. If you’re looking for a premium trading experience, keep reading to discover the best prime crypto brokers.

Interactive Brokers

ig

IG

OANDA

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The 7 Top Prime Crypto Brokers

Interactive Brokers

Our evaluation

4,9

Commissions

Low 4,4/5

Regulated

SEC, FCA

Investor protection

Yes

Open account

Direct link to the exchange website

ig

IG

Our evaluation

4,9

Commissions

Average 3,4/5

Regulated

FCA, ASIC

Investor protection

Yes

Open account

Direct link to the exchange website

OANDA

Our evaluation

4,8

Commissions

Low 4,3/5

Regulated

FCA, CFTC

Investor protection

Yes

Open account

Direct link to the exchange website

avatrade

AvaTrade

Our evaluation

4,5

Commissions

Average 3,4/5

Regulated

ASIC

Investor protection

Yes

Open account

Direct link to the exchange website

CMC Markets

Our evaluation

4,7

Commissions

Low 4/5

Regulated

FCA, ASIC

Investor protection

Yes

Open account

Direct link to the exchange website

Capital.com

Our evaluation

4,9

Commissions

Low 3,9/5

Regulated

CySEC, FCA

Investor protection

Yes

Open account

Direct link to the exchange website

XTB

Our evaluation

4,8

Commissions

Low 4,7/5

Regulated

FCA, KNF

Investor protection

Yes

Open account

Direct link to the exchange website

Let's Analyze the Top 7 Prime Crypto Brokers

Interactive Brokers

Why Choose Interactive Brokers?

Choosing Interactive Brokers for your cryptocurrency trading offers several strong advantages. First, their competitive fee structure is a significant draw, with low commissions ranging from 0.12% to 0.18% and no added spreads or custody fees. This makes it cost-effective for both small and large trades. Additionally, the platform provides a secure and regulated environment for trading, leveraging partnerships with entities like Paxos Trust Company and Zero Hash LLC, ensuring compliance and safety for your digital assets.
Another compelling reason to choose Interactive Brokers is the seamless integration it offers with other financial instruments. This allows you to manage a diverse portfolio that includes not only cryptocurrencies but also stocks, options, futures, and forex, all within a single platform. This integration is particularly beneficial for investors looking to diversify and manage their investments efficiently.
Moreover, Interactive Brokers offers advanced trading features and robust security measures. The platform supports 24/5 trading, particularly useful for the always-active cryptocurrency markets, and employs high-level security protocols, including two-factor authentication and encryption. This makes it a reliable and secure choice for both novice and experienced traders looking to trade cryptocurrencies alongside other financial assets.

Pros

Cons

Editor's Note

As an expert on our website, I highly recommend Interactive Brokers for those interested in integrating cryptocurrency trading with traditional financial instruments. The platform offers competitive fees, robust security, and seamless integration with other asset classes, making it an excellent choice for experienced traders looking to diversify their portfolios. While the account setup process can be complex, the advanced trading features and reliable customer support make it worth the effort. If you’re seeking a secure and cost-effective way to trade cryptocurrencies, Interactive Brokers is a solid option.

IG

Why Choose IG?

Choosing IG as your cryptocurrency trading platform offers several compelling advantages. First and foremost, IG’s long-standing reputation in the trading industry, established since 1974, provides a level of trust and reliability that is hard to match. Its regulation by top-tier financial authorities like the FCA, ASIC, and MAS ensures that your funds and personal information are secure, giving you peace of mind when trading cryptocurrencies.
Furthermore, IG’s user-friendly platform is designed to cater to both beginners and experienced traders. The comprehensive educational resources available on the platform help new traders understand the intricacies of cryptocurrency trading and develop effective trading strategies. IG’s robust trading tools and features, such as advanced charting and analytical tools, empower traders to make informed decisions and maximize their trading potential.
Lastly, IG offers a diverse range of trading instruments, including CFDs on popular cryptocurrencies like Bitcoin and Ethereum. This allows traders to speculate on price movements without owning the actual assets, offering flexibility and the opportunity to trade both rising and falling markets. Additionally, the ability to leverage positions can enhance trading opportunities, though it is important to manage this carefully due to the increased risk. Overall, IG’s combination of security, user-friendly features, and comprehensive educational support makes it a strong choice for anyone looking to trade cryptocurrencies.

Pros

Cons

Editor's Note

As an expert on our website, I would recommend IG for its robust and secure trading platform. IG’s long-standing reputation, coupled with its strong regulatory oversight, makes it a reliable choice for cryptocurrency trading. The platform’s user-friendly interface and comprehensive educational resources are perfect for beginners, while the advanced trading tools cater to more experienced traders. However, it’s important to be aware of the complex fee structure and limited selection of cryptocurrencies. Overall, IG is a solid option for those looking to trade cryptocurrencies through a well-established broker.

OANDA

Why Choose OANDA?

OANDA stands out as a reliable and well-regulated broker with a robust offering for cryptocurrency traders. One of the strongest points is its comprehensive regulatory oversight, which includes top-tier authorities like the FCA in the UK, ASIC in Australia, and the CFTC in the US. This ensures a high level of security and trust for users, making it an excellent choice for those concerned about the safety of their funds .
Another significant advantage is the user-friendly trading experience provided by OANDA’s platform. The integration with TradingView offers advanced charting tools and over 65 technical indicators, making it suitable for both novice and experienced traders. The platform supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, with access to 63 crypto trading pairs through its partnership with Paxos Trust Company. This variety allows traders to diversify their portfolios effectively .
Lastly, OANDA’s transparent fee structure and commitment to providing a seamless trading experience make it a favorable option. There are no minimum deposit requirements, which lowers the entry barrier for new traders. The platform also offers extensive educational resources and 24/5 customer support, ensuring that traders have all the necessary tools and assistance to succeed .

Pros

Cons

Editor's Note

As an expert on our website, I highly recommend OANDA for its reliability and robust security measures in cryptocurrency trading. OANDA’s regulation by top-tier authorities such as the FCA and CFTC ensures a secure trading environment. The platform offers a user-friendly experience with advanced charting tools and over 60 crypto trading pairs through its partnership with Paxos Trust Company. Despite its higher withdrawal fees and lack of leverage for crypto, OANDA is an excellent choice for traders seeking a trustworthy and well-regulated broker.

AvaTrade

Why Choose AvaTrade?

AvaTrade is an excellent choice for those looking to trade cryptocurrencies and other financial instruments due to its strong regulatory oversight, user-friendly platforms, and diverse range of trading options. The platform is regulated by multiple top-tier authorities, including the Central Bank of Ireland, ASIC, and the FSCA, ensuring a high level of security and compliance. This regulatory backing provides traders with confidence that their funds are safe and that the broker adheres to strict financial standards.
Another significant advantage of AvaTrade is its variety of trading platforms, including MetaTrader 4, MetaTrader 5, and AvaTradeGO. These platforms offer robust features such as advanced charting tools, automated trading capabilities, and a user-friendly interface, catering to both beginners and experienced traders. The availability of a free demo account with $100,000 in virtual funds allows new traders to practice and familiarize themselves with the platform without any financial risk.
AvaTrade also stands out for its comprehensive educational resources and customer support. The broker offers a wealth of educational materials, including articles, videos, webinars, and eBooks, to help traders enhance their knowledge and skills. Customer support is available through multiple channels, including live chat, phone, and email, ensuring that traders can get assistance when needed. While the support is available 24/5, it is highly responsive and helpful, particularly through the live chat feature. Overall, AvaTrade’s combination of security, user-friendly platforms, and supportive resources makes it a top choice for traders in the cryptocurrency market.

Pros

Cons

Editor's Note

As a cryptocurrency enthusiast and expert at Threenvest, I highly recommend AvaTrade for its robust regulatory framework and user-friendly trading platforms. AvaTrade’s diverse range of trading instruments and excellent customer support make it a reliable choice for both new and experienced traders. While the selection of cryptocurrencies could be broader, and the inactivity fees lower, the overall security and ease of use make AvaTrade a strong contender in the world of crypto trading.

CMC Markets

Why Choose CMC Markets?

CMC Markets stands out as a top choice for crypto trading due to its user-friendly interface and advanced trading tools. The platform’s Next Generation trading interface is designed to cater to both beginners and experienced traders, offering a seamless trading experience with sophisticated charting and analysis tools. Additionally, CMC Markets provides access to a diverse range of around 19 cryptocurrencies, including popular options like Bitcoin and Ethereum, allowing traders to explore various investment opportunities.
Security and regulation are significant strengths of CMC Markets, making it a reliable option for traders who prioritize safety. The platform is regulated by top-tier financial authorities such as the FCA, ASIC, and MAS, ensuring a secure trading environment. The use of advanced security measures, including encryption and two-factor authentication, further enhances the protection of user funds and personal information. For those seeking a trustworthy and well-regulated platform, CMC Markets is a compelling choice.
Furthermore, CMC Markets offers robust customer support, available 24/5 via live chat, phone, and email. While weekend support is not available, the quality of assistance provided during the week is highly regarded, ensuring traders can get help when they need it most. Overall, for traders who value a secure, regulated, and user-friendly platform with a variety of cryptocurrency options, CMC Markets is an excellent choice.

Pros

Cons

Editor's Note

As an expert at Threenvest, I recommend CMC Markets for crypto traders who value a secure and user-friendly platform. The advanced charting tools and comprehensive research capabilities make it ideal for both beginners and experienced traders. While the selection of cryptocurrencies is decent, the platform’s robust security measures and regulation by top-tier financial authorities provide added peace of mind. However, keep in mind that customer support is not available on weekends, and the range of cryptocurrencies could be expanded for more trading opportunities.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

alejandro-borja-analista-de-brokers.webp

Economist | Cryptocurrency exchange analyst

The author of the article

Alejandro Borja is an accomplished economist with a distinguished career spanning various facets of the financial industry. His academic journey began with a degree in Economics, laying the foundation for his deep understanding of financial markets.

Over the years, Alejandro has honed his skills by working with some of the largest financial media outlets, analyzing and reporting on economic trends and investment opportunities. His expertise in financial analysis has made him a respected voice in the economic community.