Best Forex Brokers with Ethereum Trading App 2023

For this Best Cryptocurrency Brokers review, we have reviewed and tested several brokers with Ethereum trading apps.

We opened real accounts and deposited between $4,000 – $8000 with each of the brokers. For our tests, we placed trades in popular markets to get an idea of how things work for clients. We also reached out to customer support in order to solve some issues we had been experiencing. finally, we withdrew our funds to see if there is any issues with the withdrawal process itself.

We have chosen the best Ethereum trading apps based on our knowledge and experience as a trader.

What is Ethereum?

Ethereum is a decentralised, open-source platform powered by blockchain technology; it was developed by Vitalik Buterin and Gavin Wood in 2015. The platform is known for its native cryptocurrency – ether or ETH. Ether is the second crypto after Bitcoin in market capitalization.

At the present moment, the price of Ethereum is $1,526.60.

For more information read the Ethereum Wikipedia article or visit their official website.

• Ethereum allows the deployment of decentralised applications onto it, which enables the interaction between users
• Ethereum also allows creating and exchanging NFTs, unique tokens representing the ownership of an asset or privilege.
• Decentralised finance applications built on Ethereum provide financial services without the need for brokers, intermediaries, etc.

Cryptocurrencies like Ethereum or Bitcoin are traded either on an exchange which requires the opening of the crypto wallets and trading on Cryrpto Exchanges (like Binance or Coinbase) or traded as CFDs which enables speculate on price changes without owning the actual asset.

Here’s how Ethereum is compared to Bitcoin:

	Ethereum	Bitcoin
💸 Market Cap	147.223B	417.472B
📊 Average Number of Blocks per Hour	170 blocks	5 blocks
🌐 Blockchain Size	991.56 GB	118.7 GB
⌛ Average Transaction Number per Second	2.53	2.42
💵 Median Transaction Volume	$43.56	$251.24
💱 Median Transaction Fees	$0.11	$1

Best Apps for Ethereum Trading

Each broker app and trading platform are different and the choice of the platform or the app depends on the traders’ preferences. Apps are mainly used as additional monitoring tools due to the limited mobile capabilities.

To come up with this list, we have searched and tested several forex brokers offering Ethereum trading apps and platforms. We opened live accounts and deposited money with each broker. We also placed real trades to get the full picture of deposit/withdrawal conditions, spreads, commissions, education, and customer support.

• Plus500 – Best Ethereum Trading App Overall
• FP Markets – Best Ethereum Trading App for Beginners
• AxiTrader – Best Ethereum Trading App with Lowest Spreads
• Forex.com – Best Ethereum MT4 Trading App

Best App for Ethereum Trading Overall

We chose Plus500 as the best Ethereum trading app overall.

Plus500 is a market leader CFD broker headquartered in Israel with several subsidiaries in Europe and Asia. The broker is publicly traded and listed on London Stock Exchange. Plus500 is authorised in UK, Cyprus, Seychelles, Singapore, and Australia. Its market offerings include forex, stocks, indices, commodities, cryptocurrencies, ETFs, and options.

The broker offers CFD Ethereum trading with up to 1:2 leverage and 24/7 availability on its proprietary platform with advanced trading tools enabling manage the risks. The spreads offered for Ethereum are 2.78.

The broker also has comprehensive educational materials, great market research tools, and decent customer support.

Best Ethereum Trading App for Beginners

We picked FP Markets as the best Ethereum trading app for beginners.

FP Markets is an Australia-based Forex and CFD broker founded in 2005. The broker holds 3 regulatory licenses from Australia, Cyprus, and St. Vincent and the Grenadines.

FP Markets is the best choice for beginner traders due to its low costs and spreads starting from 0.1 pips per trade. The broker also allows social trading meaning that the novice traders can observe the trading behaviour of more experienced traders. The broker also offers a great range of educational materials like webinars, ebooks, podcasts, etc.

FP Markets offers Ethereum trading through MT4 and MT5 platforms with 2:1 leverage.

Best Broker for Ethereum Low Spread

We picked out AxiTrader as the best Ethereum trading app with low spreads.

AxiTrader, rebranded as Axi, is a global Forex and CFD trader founded in 2007, in Australia. The broker is regulated and authorised in Australia, the UK, UAE, St Vincent and the Grenadines.

Axi offers exceptional trading conditions for trading cryptocurrencies with 100:1 leverage and zero commissions. The broker allows all crypto trading strategies including hedging, scalping, and copy trading. Alongside zero commissions Axi offers spreads on Ethereum starting from 0.0 pips.

Best MT4 Brokers with Ethereum

We chose Forex.com as the best MT4 trading app offering Ethereum CFD trading.

Founded in 2001, Forex.com is a well-established Forex and CFD trading provider with a vast range of market instruments offering zero commissions and tight spreads on trading cryptocurrencies.

The broker offers a full suite of MetaTrader platforms offering Ethereum CFD trading with a 50% margin and spreads starting from 1.2 pips. MT4 offers advanced trading features and professional charting tools that cater to both novice and experienced traders.

Ethreum Brokers List

Apart from the list of forex brokers offering Ethereum trading apps and platforms, here’s the list of top brokers with Ethereum.

Forex Broker	Way of Trading	Test Details	Broker Review
FXTM	CFD	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
CMC Markets	CFD	Deposit Amount: Over €5,000 Total Trade: 12 trades	CMC Markets Review
IC Markets	CFD	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
FBS	CFD	Deposit Amount: Over €5,000 Total Trade: 12 trades	FBS Review
eToro	CFD, Exchange	Deposit Amount: Over $6,000 Total Trade: 18 trades	eToro Review
Pepperstone	CFD	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
Trading 212	CFD	Deposit Amount: Over €5,000 Total Trade: 15 trades	Trading 212 Review
XTB	CFD	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
OANDA	CFD	–	OANDA Website
IG Group	CFD	–	IG Website
Interactive Brokers	CFD	–	Visit Interactive Brokers
FP Markets	CFD	Deposit Amount: Over €6,000 Total Trade: 12 trades	FP Markets Review
Vantage FX	CFD	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
Forex.com	CFD	–	Visit Forex.com

FAQ and More on Trading of Ethereum

Many traders have different questions regarding trading. We tried to give answers to some of the most asked questions related to Ethereum trading apps.

Best App for Trading and Buying Ethereum

Ethereum is traded either on a CFD basis without owning the actual asset or by the exchange which allows traders to buy crypto. The buying of Ethereum requires the opening of crypto wallets.

Here are some of the most popular crypto platforms for exchange:

• Binance
• CoinBase
• Kraken
• Gemini

Actually, eToro is the only forex broker that offers crypto exchange and allows opening crypto wallets only for US traders.

Best UK Broker for Ethreum Trading

Cryptos are banned by UK regulations, so none of the brokers offers speculation on this instrument. To read more about the UK brokers proceed to our article Best UK Forex Brokers.