Best Bitcoin Brokers in the US

Home » Awards US » Best Bitcoin Brokers in the US

Finding a reliable and supportive Bitcoin broker in the US is a challenge that most cryptocurrency traders go through. You need a Bitcoin broker that fully supports you with the right trading tools and features that match your trading needs. Although there are plenty of brokers to choose from, having the best Bitcoin brokers in the US by your side is the only way you are guaranteed the best trading conditions. 

At OnlineTrading, we did all the groundwork to simplify the research procedures. All the Bitcoin brokers in the US listed below have undergone multiple tests and reviews, and all you need to do is choose one that complements your trading requirements. 

Our list of the Best Bitcoin Brokers in the US
140,745 User Reviews
3.9 rating
3.9
Visit site Read Review
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
4,447,081 User Reviews
3.1 rating
3.1
Visit site Read Review
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
120,085 User Reviews
3.6 rating
3.6
Visit site Read Review
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
11,221 User Reviews
3.5 rating
3.5
Visit site Read Review
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
20,803 User Reviews
3.4 rating
3.4
Visit site Read Review
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
How we test?

OnlineTrading aims to provide quality, simple, and proven information to its readers. Our team of financial experts carefully checks every detail to provide a unique and comprehensive guide to safe trading around the world.

Feedback from regular users is very important to us, so we try to consider the opinions of reviews and feedbacks from several trusted platforms. We spend about 100 – 250 hours analysing and collecting information on each trading platform to ensure our recommendations are reliable.

Naturally, we always remain impartial, honest and recommend only licensed and reliable brokers.

Read more about our test process here.

Compare Best Bitcoin Brokers in the US of 2022

Our main goal as trading researchers is to ensure you can access the best trading tools and services at a minimum effort. For this reason, we decided to choose various Bitcoin brokers in the US to test, review, and compare their features so that you do not have to. We started by confirming Bitcoin brokers in the US credibility by checking whether they have the National Futures Association (NFA) or the Commodities Futures Trading Commission (CFTC) monitoring their activities.

Additionally, we compared Bitcoin broker’s features, including trading costs, trading platforms and accounts, asset availability, customer services, and demo accounts. Our experts also decided to include user comments and reviews from Google Play, the App Store, and Trustpilot to ensure that the research findings are accurate and without bias. 

See our ratings on the best Bitcoin brokers in the US based on our research.

payment logo
Minimum Deposit
payment methods
Payment & Withdraw options
license logo
Regulation
Trading Platform logo
Software
money insurance logo
Cryptocurrency Assets
demo account logo
Fee on Bitcoin

Compare with other broker
Minimum deposit
Payment
License
Software
Cryptocurrency Assets
Fee on Bitcoin
eToro logo
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$200
Credit card, PayPal, Bank transfer, Neteller, Skrill, WebMoney
ASIC, CySec, FCA, FSAS, FSCS
eToro Proprietary Platform
15
From 1.5%
robinhood logo
Visit site
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$0
Bank Wire Transfer
FINRA
Web platform, Mobile trading platform
7
Free
TD Ameritrade logo
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$0 for standard accounts, $2,000 for margin/options
Credit card, PayPal, Bank transfer
FINRA
TD Ameritrade web, Thinkorswim (desktop), TD Ameritrade Mobile App
Bitcoin futures only
Free
Interactive Brokers logo
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$100
US ACH, IB, Check, Canadian EFT transfer, SEPA, Initiated at IB BACS, GIRO/ACH, NZD ACH
CFTC, FINRA
Trader Workstation (TWS)
4
$1.0
TradeStation Logo
Visit site
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$0 ($2,000 for margin trading and TradeStation Select accounts; $500 for an equities account on the per-share commission plan; $500 for futures on tiered commission plan)
Bank Wire Transfer
FINRA,NYSE, CME, and SIPC.
TradeStation Platform, TradeStation Mobile Trading, TradeStation API
7
$0

Compare brokers

Close

1. eToro – Overall Best Bitcoin Broker in the US

Etoro
Etoro
Etoro
Etoro
Etoro
Etoro
Etoro
Etoro

Trading Bitcoin with eToro gives you plenty of trading opportunities, from low Bitcoin trading fees to diverse offerings. Other than Bitcoin, you can also trade other cryptocurrencies like Ethereum, Litecoin, and more to diversify your trading portfolio.

eToro requires you to deposit at least $50 once you create a live trading account with it. Although you will pay withdrawal fees, deposits are free of charge. Beginners will also have access to plenty of learning resources to improve their skills. This includes a demo account that is funded with $100,000 virtual funds for practising Bitcoin trading. 

eToro is safe and has the Commodities Futures Trading Commission (CFTC) overseeing its activities in the US. What’s more, it has an excellent mobile app to keep you updated with your trading activities on the go. eToro’s world-recognised social and copy platforms will help you learn from your peers and mirror positions of expert Bitcoin traders with high-profit potential. 

OnlineTrading.Reviews Rating:
✔Free stock and ETF trading
✔Easy account opening
3.9 rating
3.9
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Pros
  • Low minimum deposit
  • User-friendly platform with plenty of cryptocurrencies, including Bitcoin
  • Excellent skill development resources
Cons
  • Withdrawal fee applies
  • Only five days a week support service

2. Robinhood – The Cheapest Bitcoin Broker in the US

robinhood broker
robinhood site
robinhood
robinhood mobile
robinhood broker
robinhood site
robinhood
robinhood mobile

Robinhood is the cheapest Bitcoin broker in the US because of its extremely low trading and non-trading costs. For starters, trading Bitcoin with Robinhood doesn’t require a minimum deposit amount

What’s more, there are no commissions nor spreads. All transactions, whether making deposits or withdrawals, are also free of charge, and there is no inactivity fee. The only way this Bitcoin broker earns its income is through interests from clients’ funds and interests from margin lending. This makes it an excellent choice for all traders, including the budget-conscious ones.

One thing to note about Robinhood is that you can only trade Bitcoin on a mobile device since it doesn’t offer the desktop version. There is also no demo account, but adequate learning resources are provided to boost your experience. Also, Robinhood ensures that your trading issues are catered for accordingly by hosting a dedicated 24/7 phone support service

TradingGuides Rating:
✔ Completely free to use
✔ More than 18 million registered users
3.1 rating
3.1
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Pros
  • No commissions nor spreads for Bitcoin trading
  • Free transactions, i.e., for deposits and withdrawals
  • User-friendly platform with a high-speed performance
Cons
  • No demo account
  • No desktop trading but mobile version only

3. TD Ameritrade – Best Bitcoin Broker for Beginners in the US

TD Ameritrade
TD Ameritrade
TD Ameritrade
TD Ameritrade
TD Ameritrade
TD Ameritrade
TD Ameritrade
TD Ameritrade

TD Ameritrade has a simple and easy-to-understand layout that makes it easier for beginners to trade. Its Thinkorswim platform has an intuitive design, and you can access it via the web, desktop, and mobile devices. This allows you to trade Bitcoin anywhere you are using any device and enhance your strategy. 

TD Ameritrade has a straightforward account opening procedure that only takes a few minutes to complete. Beginners will access plenty of learning resources that give them the power to enhance their skills. You can also practise what you’ve learnt about Bitcoin trading on its paperMoney (demo) account before you begin investing in the real market. 

Another element that makes TD Ameritrade an excellent choice for newbies is its ultra-low trading and non-trading charges. You do not need to start trading Bitcoin with lots of money, especially if you are just getting familiar with how the activity works. There is also no minimum deposit requirement.

OnlineTrading.Reviews Rating:
✔Great customer support
✔ Low trading fees
3.6 rating
3.6
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Pros
  • User-friendly and intuitive design platform
  • Reliable mobile app to keep you trading Bitcoin on the go
  • Excellent learning resources for skills development
Cons
  • Financing costs for overnight positions are relatively high
  • Newbies may find it challenging to use its advanced research materials

4. IBKR – The Safest Bitcoin Broker in the US

InteractiveBrokers
InteractiveBrokers
InteractiveBrokers
InteractiveBrokers
InteractiveBrokers
InteractiveBrokers
InteractiveBrokers
InteractiveBrokers

IBKR, commonly known as Interactive Brokers, is the safest in the US because of various reasons. First, the broker has a long track record, and it is one of the pioneer Bitcoin brokers in the US. Secondly, its Bitcoin trading platform is among the biggest in the US, which guarantees all Bitcoin traders plenty and quality trading resources. 

IBKR is also regulated in the US by the National Futures Association (NFA) and the Commodities Futures Trading Commission (CFTC) as well as a number of other financial regulators. Its cutting-edge platform has also won many awards throughout the years, including the best online broker in 2021 by Barron’s. 

You can trade Bitcoin using Interactive Brokers via desktop and mobile devices. They are all highly secured with two-step authentication, whether logging into your trading account or making a transaction. The broker is also one of the cheapest for Bitcoin trading and supports you with plenty of trading tools for strategy development. 

OnlineTrading.Reviews Rating:
✔ Low trading fees
✔ Wide range of products
3.5 rating
3.5
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Pros
  • Desktop and mobile platforms are highly secured with a two-step authentication
  • Highly regulated with a robust global presence
  • Offers a high level of investor protection to US Bitcoin traders
Cons
  • Only five days a week customer support service
  • IBKR’s platform can be challenging to use, especially for newbies

5. TradeStation – Best Bitcoin Broker for Mobile Trading in the US

TradeStation
TradeStation mobile
TradeStation site
TradeStation broker
TradeStation
TradeStation mobile
TradeStation site
TradeStation broker

Bitcoin trading using mobile devices has proven beneficial to most traders not only in the US but globally. TradeStation is the best for Bitcoin trading in the US because of its efficiency combined with research resources to keep you updated wherever you are.

TradeStation mobile app is highly secured with a two-step authentication login. The app also executes trades fast on both Android and iOS devices. Moreover, you can also depend on it for desktop trading whenever you are back at your trading station. 

Other than Bitcoin, this broker offers Bitcoin Cash, Litecoin, Ethereum, and USD Coin. Thus, you can quickly diversify your portfolio if you are a cryptocurrency trading enthusiast. Additionally, its trading and non-trading charges are competitive, allowing you to trade as many times as you can regardless of where you may be. 

TradingGuides Rating:
✔ Quality education materials
✔ User-friendly web and mobile trading platforms
3.4 rating
3.4
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Pros
  • Fast order execution speed
  • User-friendly and modern design mobile app
  • Low Bitcoin trading charges
Cons
  • TSCrypto trading platform can be challenging for beginners to use
  • You can only contact its support service during weekdays

How to Choose the Best Bitcoin Broker in the US

Although Bitcoin trading has been in existence for over a decade now, it has become popular in recent years. Most US traders are finding the activity profitable, thus boosting its demand in the US financial market. As a result, we witness many Bitcoin brokers dominating the US market, making it more challenging for traders to choose suitable brokers for Bitcoin trading.

Do not fret, though, because we have recommended the top 5 Bitcoin brokers in the US to choose from. We also guide you on exactly what to look at when selecting the best Bitcoin broker in the US should you decide to conduct the research yourself. Here are the attributes of the best bitcoin broker in the US.

Security is of utmost importance in any Bitcoin broker in the US, and it should be that first element to confirm before proceeding further. You cannot go about trusting any broker for Bitcoin trading without proof of their credibility since some of them are scammers. Besides, you want to trade legally under the best conditions while safeguarding your trading funds.

That being said, choose a Bitcoin broker in the US that has a license and is regulated by the National Futures Association (NFA) or the Commodities Futures Trading Commission (CFTC) monitoring their activities.

It is always advisable to check a Bitcoin broker’s trading charges and decide whether they align with your budget. You should also confirm non-trading costs and the minimum deposit requirement. Some Bitcoin brokers also have hidden charges, so be careful if you want to avoid surprises in the future that may inconvenience your Bitcoin trading activities.

Bitcoin is a volatile asset, and trading the cryptocurrency means that you should be prepared to monitor your positions all the time. You also need a trading platform that executes trades fast, especially when opening short-term positions. As a Bitcoin trader, the last thing you want is to miss out on profitable opportunities simply because your platform’s performance lags.

A bitcoin trading platform should also be user-friendly. Having customisable features is also a plus, and more importantly, you should have access to research and educational resources. This will help you in creating the best strategy while improving your experience.

The Bitcoin broker you choose should host your preferred Bitcoin cryptocurrency. We also advise you to look for a Bitcoin broker with additional offerings, whether more cryptocurrencies or other assets like forex, stocks, among others. This is because you never know what the future holds, and in case your priorities change, you can quickly try a different market without the need to look for another broker regulated in the US.

Trading Bitcoin and succeeding at it is challenging, and you need all the guidance you can get to achieve your trading objectives. In this regard, test a Bitcoin broker’s customer service and make sure it is reliable and responsive when contacted. All our referenced Bitcoin brokers in the US above have dedicated support services. This means that trading with them guarantees a reliable support system at your beck and call in case of any arising trading issues.

The best Bitcoin broker in the US is the one that complements your trading needs. However, we advise you to also include user recommendations in your quest for the best broker. Their experiences with various Bitcoin brokers will give you an insight into what you can expect, whether good or bad. That being said, feel free to visit Google Play, Trustpilot, and the App Store for honest Bitcoin brokers’ reviews and comments.

FAQs

Where can I find a Bitcoin broker?

Bitcoin brokers are online-based, and identifying the best is a daunting task for most Bitcoin traders. With a lot of legwork to be done, the chances are that you can still make a wrong choice, especially if you aren’t sure of the factors to consider. For this reason, our professional researchers decided to simplify the process for you by recommending the top 5 Bitcoin brokers in the US to choose from.

Can I buy Bitcoin through a broker?

Absolutely. Buying Bitcoin through a broker is popular among traders. The best thing about using a broker is that you have access to many opportunities, especially if you want to diversify your portfolio. Additionally, Bitcoin brokers support you with trading tools that help in research and strategy development.

How do beginners buy Bitcoins?

Beginner traders need to first understand how Bitcoin trading works before choosing a Bitcoin broker. You will then practise Bitcoin trading on a broker’s demo account and try your luck in the real markets once confident with your skills.

What is the safest way to buy bitcoin?

The safest way to buy Bitcoins is through an online regulated broker. In the US, Bitcoin brokers should be regulated by the National Futures Association (NFA) or the Commodities Futures Trading Commission (CFTC). Such brokers guarantee your trading funds’ safety and provide you with excellent trading conditions.

What is the cheapest way to buy Bitcoin?

The cheapest way to buy Bitcoin is through Bitcoin brokers with low fees. You see, some Bitcoin brokers do not charge commissions and have low spreads. In addition, their minimum deposit requirements are low, allowing you to buy Bitcoin with any amount you can afford. An example of such Bitcoin brokers in the US is Robinhood, which does not have a minimum deposit requirement nor charge any Bitcoin trading fee.

Can you get scammed with Bitcoin?

Yes. It is always recommended that you conduct the necessary due diligence on a company offering Bitcoin before making a purchase. Also, trading with an unregulated broker puts you in a vulnerable position of getting scammed.

Where can I find a Bitcoin broker?
Can I buy Bitcoin through a broker?
How do beginners buy Bitcoins?
What is the safest way to buy bitcoin?
What is the cheapest way to buy Bitcoin?
Can you get scammed with Bitcoin?

Conclusion

At this point, we can confidently say that you have the best Bitcoin brokers in the US to trade with and maximise your potential. We also hope that you are equipped with adequate knowledge of Bitcoin trading to kickstart this venture. So, make a suitable choice from our list above, set up a demo account, and practise what you have learnt before taking the plunge into the real markets. Remember, try to remain consistent with your activities and stick to your trading plan. 

Thadeus Geodfrey
Thadeus Geodfrey

is a copywriter with extensive experience in trading. Thadeus knows exactly his field and what he writes about. His goal is to make life easier for traders and provide them with important information about brokers. Now, he continues to be active in trading and researching brokers for you.

There is no need to doubt his experience because the guides Thadeus writes speak for themselves. He knows exactly what to draw your attention to and will tell you truthfully about each trading platform.

Leave a Reply

Your email address will not be published.