I want to present the brokers, trading platforms and exchanges I use and the very few I would recommend to a friend.

Brokers / trading platforms


eToro



 

eToro’s narrow focus on social and copy trading has underpinned rapid growth that now boasts more than 10,000,000 clients worldwide.

Pros:

  • Trusted
    brokers regulated by CySEC, FCA
  • Leading
    social/copy-trading platform
  • 2000
    + instruments: real cryptos, real stocks, CFDs, crypto pairs,
    commodities, indices, ETFs, currencies and stocks on 14 stock
    exchanges
  • 0%
    fees for trading shares and ETFs (without leverage)

Cons:

  • eToro’s Charting Software (ProCharts) is sufficient for keeping track of market price movements; you can take a quick look at the charts when you are on the move. However, when it comes to professional chart analysis, it is deficient in some aspects compared with a good charting software like the one you get when using the service of tradingview.com


Tickmill

Tickmill is a trading name of Tickmill UK Ltd, a member of Tickmill Group, which is authorised and regulated by the Financial Conduct Authority (FCA) of the United Kingdom.

With a proven track record of strong financial results and stable growth, Tickmill has put itself in an enviable position as a trusted market leader and innovator.

Pros:

  • Trusted
    broker regulated by CySEC, FCA
  • MetaTrader
    4 Client
  • Low
    spreads
  • Fast
    order execution, e.g. good for forex scalping

Cons:

  • Only Metatrader4 as a trading platform, which is still a very solid program. It does its job but lacks user-friendliness, especially for beginners.


Futures and options exchange


Deribit

Deribit started as a bitcoin futures and options trading platform, going live in the summer of 2016.  It is a non-regulated and not a KYC/AML cryptocurrency exchange, which entails a certain amount of risk for your capital that you trade on this service provider.
It is only offering bitcoin and Ethereum Perpetual and Time Settled Future Contracts. You have the possibility to trade options on Deribit as well.

**** Update/Changes****
On February 10,  2020, the cryptocurrency derivatives exchange platform Deribit.com or related interfaces (the “Platform”) will no longer be operated by the Dutch company Deribit B.V., but by DRB Panama Inc., a 100% subsidiary of the Dutch entity.

With this move Deribit is following new regulatory laws and implementing KYC Procedure in a two level System (No KYC Required for withdrawal up to 1 BTC per 24 hrs – you can read more about the new KYC System on Deribit.com)

Pros:

  • Professional
    platform
  • Options
    contracts for BTC and ETH
  • Direct
    charting on Tradingview possible
  • Fast
    deposits and fast withdrawals of BTC and ETH
  • Up
    to 100x leverage with cross leverage

Cons:

  • Not
    regulated, since it offers a no KYC trading service. Owing to this,
    your capital is always at risk that this exchange could be shut down
    by a regulatory entity, freezing your assets for unlimited time.
    You
    always have to withdraw your funds when not trading to lower your
    exposure to this risk.
  • Highly
    risky trading due to unliquid crypto markets in general.
    Stop
    hunts occur very often, liquidation candles are often more volatile
    than the normal BTC or ETH price discovery you have on spot
    exchanges.
  • Not
    for beginners

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Risk involved in Trading and Copytrading