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ASIC Australian Forex Brokers accepting Bitcoin

Bitcoin is by far the largest and most traded cryptocurrency in existence today, and is accepted by a few Australian ASIC-regulated forex brokers as a funding method. However, accepting customer deposits in cryptocurrency may complicate regulatory issues for the broker, which may be the reason why so few regulated forex brokers accept this type of funding method.

As a payment method, Bitcoin has several advantages over traditional methods that rely on the banking system to function. Firstly, all Bitcoin transactions are irreversible, which is a benefit for the broker receiving the money. Secondly, Bitcoin transactions cannot be blocked or otherwise censored by banks or governments, which is a benefit in particular for traders from countries with strict capital controls.

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INGOT Brokers INGOT Brokers (2006) Leverage: up to 1:400 Deposit: from 100 USD Spreads:  mid  mid Location: Australia Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller Bitcoin Ethereum ZotaPay FxOpen FxOpen (2005) Leverage: up to 1:500 Deposit: from 1 USD Spreads:  low  low Location: Australia UK Saint Kitts and Nevis Instruments: Currencies Crypto Indices Metals Energies Platforms: Web MetaTrader 4 Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay WebMoney Perfect Money Yandex Money Qiwi Bitcoin Ethereum Liteсoin RBK Money Intellect Money PaySafeCard
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