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’s narrow focus on social and copy trading has underpinned rapid growth that now boasts more than 10,000,000 clients worldwide.
brokers regulated by CySEC, FCA
+ instruments: real cryptos, real stocks, CFDs, crypto pairs,
commodities, indices, ETFs, currencies and stocks on 14 stock
fees for trading shares and ETFs (without leverage)
- 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 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.
broker regulated by CySEC, FCA
order execution, e.g. good for forex scalping
- 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 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.
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)
contracts for BTC and ETH
charting on Tradingview possible
deposits and fast withdrawals of BTC and ETH
to 100x leverage with cross leverage
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.
always have to withdraw your funds when not trading to lower your
exposure to this risk.
risky trading due to unliquid crypto markets in general.
hunts occur very often, liquidation candles are often more volatile
than the normal BTC or ETH price discovery you have on spot