Forex Brokers That Accept Crypto Deposits

Crypto payments are becoming more and more popular, especially among online traders. There are a couple of reasons why online traders prefer this payment option to make their deposits. While there are many advantages to crypto transactions, there are also some disadvantages that cannot be overlooked. Below are some advantages and disadvantages of crypto transfers as a deposit option.

Advantages of Cryptocurrency Deposits

  • Crypto transactions can be cheaper and faster for deposits.
  • The decentralised nature of cryptocurrency transactions gives users control.
  • Crypto transactions can be more secure due to encryption techniques deployed on blockchain systems.
  • Crypto transactions are mostly anonymous and private.
  • Crypto deposits are available anywhere.

Disadvantages of Cryptocurrency Deposits

  • The anonymity of crypto transactions is perfect for criminal activities. It is easier for scammers to run their operations as they can remain hidden.
  • Once you transfer your crypto funds, it is hard to recover them.

The risks involved in using crypto deposits carry a lot of weight. A lot of people have lost their funds to people with ill intentions. Before you deposit to a company, make sure they are reputable, and regulated, and that your funds are safe.

Now that we understand the pros and cons of crypto deposits, let’s look at some of the best forex brokers that accept crypto deposits.

FP Markets

FP Markets supports a variety of payment options for their clients. One of these payment solutions is LetKnowPay which allows customers to make deposits via supported cryptocurrencies. The cryptocurrencies supported by FP Markets include Cardano, Bitcoin Cash, Bitcoin, Dash, Litecoin, pax, XRP, TrueUSD, USDC, USDT, and ZEC. The company gives an estimated deposit time of up to one hour.

Clients can then go forward and trade instruments in a variety of markets. They can trade forex currencies alongside CFDs in shares, metals, commodities, indices, cryptocurrencies, bonds, and ETFs. This gives traders the ability to spread their investments across various assets. They can do this on either of three platforms which include MetaTrader 4, MetaTrader 5, and WebTrader.

Is FP Markets Safe?

FP Markets is one of the best forex brokers in Europe, regulated by the Cyprus Securities Exchange Commission (CySEC). It is also regulated by the Australian Securities and Investments Commission (ASIC). Holding regulatory licences from these two organizations is a good sign concerning the safety of trading with FP Markets. Additionally, FP Markets has a solid overall rating on Trustpilot at 4.9 out of 5. This is after 3,000 customer reviews.

72.5% of retail CFD accounts lose money


Exness also allows clients to deposit crypto funds into their accounts. However, Exness only accepts one cryptocurrency, Bitcoin. To deposit Bitcoin into your Exness account, first, a client needs to have a fully verified Exness account. Once fully verifies, clients can create a Bitcoin wallet which they can use to deposit and withdraw Bitcoin from their accounts.

On Exness, clients can trade CFDs on forex, cryptocurrencies, indices, metals, stocks, and energies. The trading platforms available to clients include Exness Trader, MetaTrader 4, and MetaTrader 5. Further, Exness features some of the lowest spreads in the industry. For example, the spreads can go as low as 0.3 pips for the EURUSD currency pair. It also features two zero-spread accounts for clients who prefer to pay commissions when trading. There are three main trading platforms offered by Exness to its clients. These include the Exness Trader, the MetaTrader 4, and the MetaTrader 5. These are some of the best trading platforms in the industry. They allow clients to place orders within mere seconds.

Is Exness Safe?

Exness is regulated by a variety of regulatory organizations. It is under the strict supervision of the CySEC and the FCA, two of the best regulators in the market today. It is also regulated by the FSA, the FSCA, and the FSC. Note that regulations alone are not enough to prove the legitimacy of a company. However, it is always a better bet to invest with regulated companies. Furthermore, Exness has a favourably long history in the market without any major issues.

Remember that forex and CFDs available at Exness are leveraged products and can result in the loss of your entire capital. Please ensure you fully understand the risks involved.


On FXTM, you can deposit a variety of cryptocurrencies with no commission charged. The cryptocurrencies supported by FXTM include Bitcoin, Ethereum, Litecoin, and Dash. The company gives an estimated processing time of about 24 hours. While FXTM does not charge any fees to make crypto deposits, mining fees might still apply. Clients should be aware of the charges before they make any deposits.

There are a variety of trading instruments clients can invest in on FXTM. These include forex currency pairs, metals, commodities, indices, forex indices, stocks, stock baskets, and stock CFDs. The trading fees on FXTM are favourably affordable. There are three main accounts, with two featuring spreads and one based on commissions. The Micro account and the Advantage Plus account both feature spreads starting from 1.5 pips upwards. On the other hand, the Advantage account features commissions of about $0.4 to $2 based on the volume. FXTM offers clients attractive trading platforms which include MT4, MT5, and FXTM Trader.

Is FXTM Safe?

FXTM is regulated by two of the stringent regulatory organizations, the FCA and the CySEC. This suggests that the company operates under strict regulatory laws in the industry. This is favourable to traders who have an account with the company. Regulatory bodies put in place laws to protect investors from unfavourable trading environments.


FBS accepts crypto deposits to make the trading journey more efficient. There are a select few cryptocurrencies that FBS accepts. These include Bitcoin, Bitcoin Cash, Ethereum, Tether, and Litecoin. FBS allows clients to use their accounts as a crypto wallet. They can both store their cryptocurrency and use it for trading. Note that there are risks to storing your crypto assets on a broker site. Hacking attacks could lead to loss of funds.

The trading instruments available for trading on FBS include forex currencies, metals, and CFDs on indices, commodities, stocks, and energies. FBS connects client orders directly to liquidity providers as it is a no-dealing desk broker. The trading platforms available to clients include the MetaTrader 4 and MetaTrader 5.

Is FBS Safe?

To determine whether a broker is safe to use, you first have to look at its regulatory status. In this case, FBS has regulations from both the ASIC and the CySEC, which are two of the most reputable regulators in the forex space. The company also has regulations from the FSCA and the IFSC. Trading with a broker that has multiple regulations brings a sense of safety and legitimacy.


There are three main cryptocurrencies you can deposit on InstaForex. These include Bitcoin, Litecoin, and Tether. There are no fees charged by InstaForex, and the company estimates a 3-hour deposit processing time. After a successful deposit, clients can trade a variety of assets which include forex, shares, indices, metals, oil and gas, commodity futures, cryptocurrencies, and instafutures. The fees on this platform can range from 0.0 pips all the way up to 7 pips depending on the account a client is using.

Clients of InstaForex can pick and choose between four different trading platforms. These include MetaTrader 4, MetaTrader 5, WebTrader and Multiterminal. Different traders have different needs and it is good to have options to accommodate everyone.

Is InstaForex Safe?

InstaForex has regulations from three organizations. These include the CySEC, the BVIFSC, and the FSC. On this list, the CySEC is noteworthy as it has some of the strongest regulatory laws in the market. Still, this is not enough. Regulated companies can also operate in shady and criminal ways.

Final Thoughts on Forex Brokers that Accept Crypto Deposits

Cryptocurrency deposits can be one of the most convenient ways to fund your forex account. However, it can also be a double-edged sword. If you deposit your crypto with a less-than-reputable broker, you might end up losing your funds. In this case, you are better off only dealing with brokers with ample regulations. That is the best bet for the safety of your funds.

In this review, we looked at some of the best brokers that accept crypto deposits. However, this is not a conclusive list. While these brokers met our criteria to fall on this list, there could be others out there that could fit your trading needs. We encourage you to do your own research before you invest. Make sure you choose a reputable broker that best suits your needs.

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