Forex Brokers with Bitcoin 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: September 16, 2025

‹
• Jump to:
• Main Features
• How to Fund a Forex Account with Bitcoin
• How to Withdraw
• Benefits
• Drawbacks
• Fees and Limits
• Bitcoin Chargeback on a Forex Account
• Security
• Conclusion
›

Forex trading with Bitcoin involves using the digital currency to deposit and withdraw funds from one’s forex trading account. Many forex brokers have started accepting payments in Bitcoin and other cryptocurrencies, providing their customers with low trading costs and enhanced financial security, among other benefits.

1. 

   Plus500 US

   Rating: 4

   This content applies only to Plus500 US and clients from the United States. Trading futures involves the risk of loss.

2. 

   eToro

   Rating: 4.2

   61% of retail investor accounts lose money

3. 

   Fusion Markets

   Rating: 4.8

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

4. 

   FP Markets

   Rating: 4.9

   73.85% of retail investor accounts lose money

5. 

   Eightcap

   Rating: 4.2

   59.57% of retail investor accounts lose money when trading CFDs with this provider.

6. 

   BlackBull Markets

   Rating: 4.8

   Trading leveraged products is risky

7. 

   Global Prime

   Rating: 4.7

   74-89% of retail CFD accounts lose money

8. 

   easyMarkets

   Rating: 4

   71% 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 Bitcoin forex brokers

How to fund a forex account with Bitcoin

Bitcoin ranks among the best payment methods for traders looking to replenish their account balances, benefiting from low transaction fees and strong security. Depositing via Bitcoin is fast and straightforward, requiring only a few simple steps.

1. First, traders must register for an account with a forex broker that accepts payments in Bitcoin.
2. Once registered, they need to undergo a standard account verification procedure, which involves identity verification and, in some cases, proof of the source of funds.
3. Next, they need to select a trading platform and an account type from the options supported by their broker.
4. To fund the newly created account, traders should head to the deposit section and pick ‘Cryptocurrencies’. They must then select Bitcoin and enter the deposit amount.
5. Bear in mind that deposits via crypto are typically processed instantly, with some transactions taking up to an hour.
6. Traders should ensure they select the correct network for the cryptocurrency they wish to use.
7. The cashier will produce a unique Bitcoin address. This address must be copied into the trader’s Bitcoin wallet to authorise and complete the transaction.
8. To boost account security, traders should change their passwords regularly.

How to withdraw from a forex account to a Bitcoin wallet

Withdrawing funds from a forex trading account via Bitcoin is just as easy as depositing. Most brokerage companies require traders to use the same method for their deposits and cash-outs.

Once in the client area, traders must head to the cashier, click on ‘Withdrawals’, and enter the amount they wish to cash out. Next, they must enter the address of their Bitcoin wallet and follow the prompts to complete the request.

While some brokers do not impose minimum withdrawal requirements, traders should check this in advance and see whether the broker has any specific policy in this respect. Transaction costs are another important factor worth checking beforehand. Some brokers provide free withdrawals, while others impose a fee, typically disclosed in the ‘Payments’ section or before the transaction is finalised.

Benefits of using Bitcoin for forex trading

As the number of forex brokers accepting Bitcoin and other cryptocurrencies is constantly on the rise, many traders are considering the benefits and drawbacks of using digital currencies to fund their online trading accounts. Below, we have listed some of the main benefits of using Bitcoin as a payment method when trading forex online.

1. Low trading costs: Many forex brokers accepting Bitcoin as a deposit and withdrawal method have waived transaction costs, thus ensuring more favourable conditions for their customers.
2. Low deposit amounts: The initial costs related to setting up a trading account with Bitcoin forex brokers may be quite affordable. Some brokers do not impose minimum deposit requirements, and others allow traders to start with as little as $10 or $25.
3. Faster transactions: Crypto transactions are often processed instantly or within minutes, compared with several business days for bank transfers, helping traders react quickly to market changes.
4. Enhanced financial security: Bitcoin deposits do not require revealing sensitive banking or card information, which reduces exposure to identity theft and fraud.
5. No global boundaries: While regulatory challenges may result in some restrictions, Bitcoin transcends geographical borders, enabling cross-border deposits that are often faster and cheaper than conventional methods.
6. Decentralised nature: Since Bitcoin and other digital currencies are not tied to a central bank or authority, they are exempt from geopolitical influence and micro-economic issues.
7. Greater transparency and immutability: Blockchain technology ensures transparent, traceable transactions that cannot be altered or reversed, reducing disputes and chargebacks.

Drawbacks of using Bitcoin for forex trading

Trading forex using Bitcoin also comes with a set of drawbacks, as is common with other payment methods.

1. Volatility risk: Owing to their volatile nature, Bitcoin and other cryptocurrencies may cause fluctuations in a trader’s total balance, eventually impacting earnings.
2. Limited choice of forex brokers: Although more brokers accept Bitcoin now than before, availability is still more limited compared with traditional fiat deposit options, restricting broker selection.
3. Cryptocurrency regulatory challenges: Regulatory approaches to cryptocurrencies vary widely between jurisdictions, causing legal uncertainties and potential restrictions on crypto transactions.
4. Technical challenges: Managing Bitcoin safely requires knowledge of crypto wallets, private keys, and secure storage. Beginners may find the learning curve steep, and crypto wallets and exchanges are vulnerable to hacking and fraud.
5. No chargebacks or transaction reversals: Bitcoin transactions are irreversible. If mistakes, fraud, or disputes occur, recovering funds can be difficult or impossible compared with credit card or bank transfer disputes.

Fees and limits when using Bitcoin to trade forex

Each forex broker accepting Bitcoin payments has its own policy concerning fees and payment limits. Traders should familiarise themselves with these important terms and conditions to be prepared for their trading-related expenses and the funds they must put aside to open their live accounts.

Most forex brokers that accept Bitcoin do not impose additional transaction fees on deposits and withdrawals. Some companies may charge a certain percentage (0.5%-0.75%) or a small flat fee ($5) on withdrawal transactions, and this should be indicated on their ‘Payments’ page.

Regarding minimum and maximum deposit requirements, these can differ significantly among various companies. There are forex brokers with no minimum deposit requirements. Some companies do not place limitations specifically on transactions with Bitcoin and other cryptocurrencies; others set their minimum requirements somewhere between $10 and $100.

As for withdrawals, some brokers require that the withdrawal amount be equal to the deposit amount and made via the same payment method. Withdrawal limits typically start from as little as $10 and can reach $100,000.

Bitcoin chargeback on a forex account

When traders pick a forex broker supporting Bitcoin payments, they should ensure they create an account with a properly regulated company. This is very important if they experience any problems with the funds in their accounts. Requesting a chargeback in respect of a specific transaction, or a set of transactions, is one possible way to resolve such issues.

Chargebacks occur when a trader raises a complaint against a broker, prompted by various reasons such as unauthorised transactions, dissatisfaction with customer service, or suspected fraudulent activity.

That being said, traders must bear in mind that, since crypto transactions are immediate, anonymous, and irreversible, there is no such thing as a crypto chargeback. Once confirmed, transactions are peer-to-peer and not subject to the control of any centralised authority. Of course, the broker may decide to return the funds if the customer’s dispute is legitimate.

Security when trading forex with Bitcoin

Forex trading with Bitcoin blends the cryptocurrency and the traditional foreign exchange markets in a unique way, providing traders with new opportunities while simultaneously exposing them to certain risks.

For starters, Bitcoin offers relative anonymity by not requiring the disclosure of sensitive bank or card details, thus appealing to privacy-conscious traders. However, this anonymity is not absolute, as blockchain transactions are still publicly traceable and regulatory frameworks increasingly impose KYC and AML rules on brokers and exchanges to prevent illicit activities. Bitcoin’s decentralised nature protects it from central bank manipulation and reduces the risks of government interference.

While Bitcoin’s volatility offers traders the opportunity to accumulate large profits, the likelihood of incurring losses is also magnified. In addition to the volatility inherent in the cryptocurrency, another risk associated with forex trading using Bitcoin concerns regulatory uncertainties. Countries adopt different approaches to Bitcoin, with some jurisdictions imposing strict prohibitions.

Layer-2 scaling solutions improve Bitcoin transaction speed and efficiency by processing transactions off-chain while relying on the main blockchain’s security. However, their added complexity can introduce new security vulnerabilities and centralisation risks that traders should carefully consider. Potential cybersecurity concerns should also be taken into account. The chances of losing one’s digital assets due to a compromised wallet or broker underscore the necessity of robust security protocols.

Conclusion

Trading forex using Bitcoin combines the best of two dynamic markets, offering both advantages and disadvantages. Traders will benefit from lower fees and faster transactions, but they must also be aware of the regulatory challenges and volatility characteristic of cryptocurrencies.

To reduce the associated risks, traders should stay informed about regulations and market trends. They must understand how leverage works and utilise proper risk management tools. Portfolio diversification is also key to the success of forex traders who use Bitcoin for their transactions.