Crypto broker definition

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Author: Admin | 2025-04-28

Is 1.52 pips, while it is 0.44 pips for RAW accounts across the 5 most traded currency pairs. As such, Fusion Markets is well below the average for both — only IC Markets (1.03 pips) and CMC Markets (1.11 pips) had tighter spreads for Standard accounts. This means you’ll get solidly affordable rates in both account types with Fusion Markets.For execution speeds, the broker ranked second for the fastest overall speeds — only BlackBull Markets had faster limit order speeds of 77 ms.Lowest MT5 CommissionsWhen comparing commission costs, I found that Fusion Markets has the cheapest commissions of any MT5 broker I tested. Of all the ASIC-regulated brokers, the broker came out on top with a commission of AUD $4.50 round turn per standard lot, which is $2.50 less than the industry standard of $7.And while the commission cost is definitely a cost to consider, it is only good if the spreads remain competitive, which I had proven in my tests. Broker Screenshots 5. Eightcap - Most Popular MT5 Broker for Crypto CFDs Average Spread EUR/USD = 1.0GBP/USD = 1.0 AUD/USD = 1.2 Trading Platforms MT4, MT5, TradingView Why I Recommend Eightcap I liked Eightcap for the extensive range of cryptocurrencies and crypto CFDs. If I am being honest, this broker left competitors in the dust when it comes to crypto trading.For context, Pepperstone offers 19 cryptos while IC Markets has 25, and Eightcap outperformed both with a broader selection of 95 cryptocurrencies on MetaTrader5.With this, I advise traders looking to capitalize on the volatile crypto market to check into Eightcap. This broker is the most popular MT5 broker for crypto CFDs. Pros & Cons Tight spreads on crypto marketsHas automated tools for MT5Provides good MT5 market analysis Limited range of trading productsLacks copy trading toolsCustomer support is not 24/7 Broker Details Top Crypto Offering for MT5Compared to the other brokers I reviewed for this roundup, Eightcap had the widest selection of 95 cryptocurrencies using MetaTrader5. By way of example, other MT5 brokers include Pepperstone offering 19 cryptos, IC Markets with 25, and ThinkMarkets with 27.From my extensive analysis, the table below highlights that Eightcap offers the largest crypto range against other brokers by some margin.Competitive Crypto Spreads with MT5When looking at spreads, I tasked Ross with testing the average spreads for cryptocurrencies for other MT5 brokers including eToro, IG Group, and IC Markets. He found that Eightcap’s spreads compared favourably overall.The broker averaged 12 points for Bitcoin compared to IC Markets of 18.2 pts, 0.45 pts for Ethereum compared to IG Group’s 1.2 pts and 0.004 pts Cardano compared to eToro’s 0.0085 pts.Top MT5 ToolsEightcap will provide you with some helpful trading tools for crypto trading, such as Capitalise.ai,

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