Question:With which broker can I trade Bitcoin with actual zero fees?
Answer:
Unfortunately, no brokers offer you a Bitcoin trading service with no fees.
While many exchanges and brokers promote zero-cost trading on Bitcoin, there are always spread the cost, swap points, trading commissions and other hidden costs involved.
In this FAQ, we have summarized the most popular CFD brokers to trade Bitcoin with low costs.
Crypto Brokers | Bitcoin Spread | Max Leverage | Swap Costs | Trading Session |
---|---|---|---|---|
XM | From $39 (No Commission) | 1:250 | None | 24/7 |
EXNESS | From $58.2 (No Commission) | 1:400 (Limited to 1:200 on weekends) | None | 24/7 |
CryptoAltum | From $1.75 (No Commission) | 1:500 | Charged | 24/7 |
FBS | $30 (No Commission) | 1:5 | Charged | 24/7 |
FXPro | $50 (No Commission) | 1:2 | Charged | 24/7 |
Capital.com | $99 (No Commission) | 1:2 | Charged | 24/7 |
IC Markets | $9 (No Commission) | 1:200 | Charged | 24/7 |
Axi | $40 (No Commission) | 1:100 | Charged | 24/7 |
eToro | $200 (No Commission) | 1:2 | Charged | 24/7 |
The cost of Bitcoin trading is largely different between brokers as the market is still new and very volatile.
If you want to trade Bitcoin with the lowest spread and commission, you can choose CryptoAltum that basically offers you the lowest Bitcoin trading cost in the industry.
CryptoAltum‘s spread is very stable comparing to other brokers, so the condition is recommended for scalpers and day traders.
If you want to hold Bitcoin positions for a long time like weeks and months, then EXNESS and XM are recommended.
Both brokers do not have swap points that will charge every day as long as you hold positions.
If you want to open Bitcoin (BTCUSD) positions for a long term and wait for months to come, then these brokers are recommended.