Forex Brokers with Crypto Deposit

Written by Miro Nikolov

Miro Nikolov

Miro Nikolov is the co-founder of TradingPedia.com and BestBrokers.com. His mission is to help people make profitable investments by giving them access to educational resources and analytics tools.

, | Updated: March 14, 2025

‹
• Jump to:
• Main Features of the Best Crypto Forex Brokers
• How to Fund Your Forex Account with Cryptocurrencies
• How to Withdraw From Your Forex Account with Cryptocurrencies
• Benefits
• Disadvantages
• Fees and Limits
• Crypto Chargeback on a Forex Account
• Security When Trading Forex with Cryptocurrencies
• Conclusion
›

With forex brokers striving to maintain a fair, safe, and user-friendly trading environment, the list of supported payment solutions at each trading website continues to grow. As you may have noticed, in addition to forex pairs, CFDs on cryptocurrencies have also become a popular trading instrument. Additionally, cryptocurrencies have also become a popular payment solution used by traders to fund their trading accounts or withdraw their profits.

1. 

   Fusion Markets

   Rating: 4.5

   74-89% of retail's CFD accounts lose money

2. 

   FP Markets

   Rating: 4.8

   73.85% of retail investor accounts lose money

3. 

   BlackBull Markets

   Rating: 4.8

   Trading leveraged products is risky

4. 

   Global Prime

   Rating: 4.5

   74-89% of retail CFD accounts lose money

5. 

   Pepperstone

   Rating: 4.5

   75.5% of retail investor accounts lose money

6. 

   easyMarkets

   Rating: 4.4

   71% of retail investor accounts lose money

7. 

   Eightcap

   Rating: 4.2

   81.96% of retail investor accounts lose money when trading CFDs with this provider.

8. 

   Tickmill

   Rating: 3.9

   70% of retail investor accounts lose money

9. 

   HFM

   Rating: 4.5

10. 

    InstaForex

    Rating: 3.3

    75.02% of retail investor accounts lose money

Our team has thoroughly evaluated all brokers listed below using TradingPedia’s exclusive methodology.

Main Features of the Best Crypto Forex Brokers

How to Fund Your Forex Account with Cryptocurrencies

Before we explain the simplicity of using cryptocurrencies as your deposit option at forex brokers, we would like to note that you must set up a crypto wallet beforehand. Transferring some digital coins to your newly created wallet is also required before you can top up your live trading account with your preferred cryptocurrency. While Bitcoin is the most commonly accepted cryptocurrency at forex brokers, different altcoins like Ripple, Litecoin, and ADA are also supported in many cases.

If you are ready to top up your trading balance, you can head to the Deposit section of your account’s client area. Choose crypto payments and select the amount you wish to deposit. The broker will provide you with its crypto wallet address. You need to open your crypto wallet, select the option of transferring funds, and enter or copy the crypto wallet address of the broker in the designated field. Select the amount you want to transfer to your forex account and continue to the next step in the transaction process. Then you must take one final look at the details of the payment to ensure all the information is correct and confirm the transaction. Once you confirm, it may take a few minutes to a couple of hours for the funds to appear in your live trading balance.

How to Withdraw From Your Forex Account with Cryptocurrencies

Depending on the broker you join, you may be asked to provide your crypto wallet address during the deposit process. Your address will be saved, so that you can easily use it for crypto withdrawals. When you are ready to transfer your profits to your crypto wallet, you must choose the withdrawal option from the payments section of your client area.

Select crypto withdrawals and pick a cryptocurrency for your withdrawal. Enter the amount you would like to transfer to your crypto wallet and select the address you have previously saved or copy and paste the correct address from your crypto wallet. You must also use your private key to authenticate the transaction. As soon as you authenticate the payment, the transaction will start processing. Just like deposits, the processing time of crypto withdrawals may vary from several minutes to a few hours.

Benefits of Using Cryptocurrencies for Forex Trading

If you are still considering whether cryptocurrencies are a suitable payment option to use for deposits and withdrawals from your forex trading account, you should consider the advantages of using this method.

With more forex brokers adopting Bitcoin and other popular cryptocurrencies for payments, finding a reputable trading site that enables deposits and withdrawals via cryptocurrencies should be relatively easy. Brokers accepting payments with cryptocurrencies usually enable traders to choose from popular crypto coins like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Tether, and more.

Conveniently enough, cryptocurrencies are usually available both for deposits and withdrawals. Funding your forex account via cryptocurrencies or withdrawing funds to your crypto wallet is a straightforward process that often takes 15 minutes to a few hours to complete. Crypto payments can be considerably faster than conventional fiat methods.

Disadvantages of Using Cryptocurrencies for Forex Trading

While crypto payments most definitely have their perks, you should also consider the shortcomings of using this solution for your forex payments. Cryptocurrencies are not as broadly available for deposits and withdrawals as conventional fiat-based methods like cards, bank transfers, and online wallets. Many brokers only support them for specific countries and regions.

Another disadvantage results from the inconvenience of having to set up a crypto wallet to initiate payments to and from your forex account. Some brokers bypass this step by using the services of on-ramping platforms like MoonPay that allow users to purchase cryptocurrencies with fiat methods without setting up dedicated crypto wallets.

While crypto payments are considered extremely safe due to their decentralized nature, the fact they are more difficult to trace can prove problematic. When initiating a crypto payment, you need to provide the broker’s crypto wallet address or the address of the wallet you are using for your withdrawals. If you are not careful and provide the wrong address, your money will be lost forever without the option to request a chargeback.

Fees and Limits When Using Cryptocurrencies to Trade Forex

Whenever you decide to top up your forex account with cryptocurrencies, you can count on speedy and cost-efficient transactions. Most forex brokers impose no additional charges on cryptocurrency deposits and withdrawals. When fees are in place, they are broker-specific.

Even though some brokers have no specific requirements for minimum deposits, others do. It would be best to check the applicable limits beforehand as they can vary dramatically from one broker to the next. When in place, minimum deposit limits generally range from as little as $25 to $200 at most forex brokers.

When withdrawals to crypto wallets are supported, transaction fees will again vary depending on the specific broker’s policies. Most brokers do not charge extra for crypto withdrawals but you may incur some blockchain fees when moving cryptocurrencies to and from your wallet. Said fees depend on transaction size and network congestion, among other factors. As for the limits imposed on crypto withdrawals, typically, the minimum starts from $50.

Crypto Chargeback on a Forex Account

One of the drawbacks of crypto payments is the inability to request a chargeback. The decentralized nature of crypto transactions eliminates the possibility of requesting a chargeback. As mentioned earlier, traders should be extra careful when entering the address of their crypto wallet.

Since crypto wallet addresses are unique, entering a single incorrect digit will result in transferring the funds to a different wallet. You will lose the funds as transactions cannot be reversed once recorded on the blockchain. We advise traders to save their wallet addresses in their trading accounts before they initiate any withdrawals. As for deposits, one can try with an initial deposit of a smaller value, and proceed with larger deposits once they are sure they have provided the correct wallet address for their forex deposits. The simplest way to avoid mistakes is to copy wallet addresses instead of typing them.

Security When Trading Forex with Cryptocurrencies

Whether you use a cold, hot, custodial, or non-custodial wallet or an on-ramp platform like MoonPay, you can rest assured your funds are protected with sophisticated encryption. Many brokers and exchanges enable customers to add an extra layer of protection with two-factor authentication. Biometric authentication is usually available to mobile app users as well.

Regulated crypto brokers have also adopted similar security measures to keep your funds safe. Whenever you initiate a transfer of funds to your forex account, the transaction will be protected via industry-standard encryption. What is more, as crypto payments are difficult to trace, you can maintain a higher level of anonymity when funding your forex account.

If you decide to withdraw your forex profits to an offline crypto wallet, you can be certain that your funds, wallet address, and private keys will be protected via advanced security tools, allowing no one but yourself access to your money.

Conclusion

More and more forex brokers are starting to accept cryptocurrency payments, providing traders with a convenient alternative for their deposits and withdrawals. On the downside, cryptocurrency payments are often unavailable for clients from certain countries. Traders who have access to this method can initiate fast, secure, and cost-effective deposits and withdrawals to and from their online trading accounts.