Best Brokers

asset ranking · Primary query: best brokers for crypto

Best Brokers for CryptoUpdated August 2026 · 12 brokers, every figure sourced

Written by
Juan Manuel Gonzalez
Published
Data verified

Quick verdict

Six of the twelve brokers we score publish a crypto schedule, and the spread is wide: Interactive Brokers charges 0.12%–0.18% with a $1.75 order minimum, E*TRADE 0.50%, Webull and eToro 1.00%, tastytrade 1% falling to 0.75% on Bitcoin and Ether, and Public 1.25%. The fee is not the most important line on this page. At every one of the six, the crypto is executed and custodied by a third party — Paxos, Zero Hash or Bakkt — rather than by the broker-dealer, and SIPC protects the broker-dealer's custody, not theirs.

The ranking

Safety and regulation 34% · Fees and total cost 34% · Investment selection 16% · Account types and features 16% · Eligibility: Publishes a crypto schedule

Verified August 28, 2026

Sub-scores are integers, so the bars carry more information than the order does.

  • Safety and regulation
  • Fees and total cost
  • Investment selection
  • Account types and features

Showing 6 of 6 brokers, sorted by editorial rank.

  1. Rank 1 of 6

    Interactive Brokers

    CRD 36418 · SIPC member

    Lowest published trading fee

    9.0

    Strong

    • Safety and regulation9
    • Fees and total cost9
    • Investment selection10
    • Account types and features8
    Account minimum
    $0No account minimums
    Crypto
    0.12%–0.18% of trade value$1.75 minimum per order, capped at 1% of trade value. Execution and custody by Paxos or Zero Hash, not by IBKR, so SIPC does not cover it
    To open
    $0No account minimums
    Account types
    8/12
    Visit Interactive BrokersFull review →

  2. Rank 2 of 6

    E*TRADE from Morgan Stanley

    CRD 149777 · SIPC member

    8.2

    Solid

    • Safety and regulation8
    • Fees and total cost8
    • Investment selection8
    • Account types and features9
    Account minimum
    Not verified
    Crypto
    0.50%Of the dollar value of each trade. Charged by Zero Hash, which shares a portion with E*TRADE, so the counterparty is not the broker-dealer and SIPC does not cover it
    To open
    Not verified
    Account types
    10/12
    Visit E*TRADE from Morgan StanleyFull review →

  3. Rank 3 of 6

    tastytrade

    CRD 277027 · SIPC member

    7.5

    Solid

    • Safety and regulation8
    • Fees and total cost8
    • Investment selection7
    • Account types and features6
    Account minimum
    Not verified
    Crypto
    1% per total purchase0.75% for BTC and ETH. Trading is provided by Zero Hash Liquidity Services LLC and custody by Zero Hash LLC, not by the broker-dealer, so SIPC does not cover it
    To open
    Not verified
    Account types
    7/12
    Visit tastytradeFull review →

  4. Rank 4 of 6

    Public

    CRD 127818 · SIPC member

    Clearest disclosure of who holds it

    7.2

    Mixed

    • Safety and regulation8
    • Fees and total cost8
    • Investment selection6
    • Account types and features5
    Account minimum
    Not verified
    Crypto
    1.25% of order amountCharged by Zero Hash, not Public. Falls to a flat $0.49–$6.29 on orders under $500
    To open
    Not verified
    Account types
    4/12
    Visit PublicFull review →

  5. Rank 5 of 6

    Webull

    CRD 289063 · SIPC member

    7.2

    Mixed

    • Safety and regulation7
    • Fees and total cost9
    • Investment selection6
    • Account types and features5
    Account minimum
    $0No deposit minimum stated in the fee schedule
    Crypto
    1.00% spread per tradeCharged by Webull Pay or Bakkt depending on the state, not by the broker-dealer, so SIPC does not cover it
    To open
    $0No deposit minimum stated in the fee schedule
    Account types
    5/12
    Visit WebullFull review →

  6. Rank 6 of 6

    eToro (US)

    CRD 298361 · SIPC member

    6.4

    Limited

    • Safety and regulation7
    • Fees and total cost8
    • Investment selection5
    • Account types and features3
    Account minimum
    Not verified
    Crypto
    1%To buy or sell. Offered by eToro USA LLC or eToro NY LLC under New York money transmitter and virtual currency licences, not by eToro USA Securities Inc., so SIPC does not cover it
    To open
    Not verified
    Account types
    1/12
    Visit eToro (US)Full review →

Positions are computed from published sub-scores at build time. Interactive Brokers, E*TRADE from Morgan Stanley, tastytrade lead; their unrounded totals are 9.00, 8.16, 7.52.

Why these weights

Safety is raised to 34% because the custody arrangement is the distinguishing risk here and it is not the arrangement SIPC covers, and cost stays high because a tenfold spread in trading fees is a real difference.

Winners by category

  • Lowest published trading fee

    Interactive Brokers

    0.12%–0.18% of trade value against 1.00% or more at most of the set.

  • Clearest disclosure of who holds it

    Public

    Names Zero Hash as execution and custody provider directly in its fee schedule.

The broker is not the custodian

Interactive Brokers names Paxos Trust Company or Zero Hash. E*TRADE, Public and tastytrade name Zero Hash. Webull names Webull Pay or Bakkt depending on the state. eToro uses eToro USA LLC or eToro NY LLC rather than eToro USA Securities Inc., the broker-dealer whose name is on the account. In every case the shares in the same account sit with the broker-dealer and the crypto does not.

SIPC responds to a broker-dealer's failure and states that it does not protect digital assets that are unregistered investment contracts, nor stablecoins, currencies or commodities. When the firm holding the asset is not the broker-dealer, the question is not only whether crypto is a covered security — it is whether the company that would have to fail is the one SIPC is looking at.

Four of the six route to the same firm

Zero Hash appears at four of these six brokers: named outright at E*TRADE, Public and tastytrade, and as one of two options at Interactive Brokers. An investor who deliberately spread crypto across several brokers to spread counterparty risk may not have spread it at all.

None of this is concealed. Every arrangement is disclosed in the firm's own schedule and the custodians publish licence numbers. It is invisible because it is never the headline, and it only becomes visible when six schedules are read next to each other.

Why each broker sits where it does

The figures that matter for crypto, and the arithmetic that produced each position under this page’s weights. The same brokers rank differently elsewhere on this site because a different question is being asked; the sub-scores do not change, the weights do.

1.Interactive Brokers

9.0/10

INTERACTIVE BROKERS LLC · CRD 36418 · SIPC member

Crypto
0.12%–0.18% of trade value
To open
$0
To transfer out
$0

Leads this ranking on 9.0/10. The largest single contribution is 9/10 on safety and regulation, weighted 34% here and worth 3.1 of the total. Its 8/10 on account types and features adds 1.3 at 16%.

On safety and regulation: Active SEC-registered broker-dealer (8-47257), FINRA member, SIPC member, and part of a US-listed group. No headline retail enforcement matter identified in our sourced review.

Every fee, source and sub-score for Interactive Brokers

2.E*TRADE from Morgan Stanley

8.2/10

MORGAN STANLEY · CRD 149777 · SIPC member

Crypto
0.50%

Ranks 2nd on 8.2/10. The largest single contribution is 8/10 on safety and regulation, weighted 34% here and worth 2.7 of the total. Its 8/10 on investment selection adds 1.3 at 16%.

On safety and regulation: Accounts sit with an active SEC-registered Morgan Stanley broker-dealer (8-68191) that is a SIPC member. Marked one point below the long-single-entity firms because BrokerCheck lists the original E*TRADE Securities LLC registration as inactive, so clients have been through an entity migration.

Every fee, source and sub-score for E*TRADE from Morgan Stanley

3.tastytrade

7.5/10

TASTYTRADE, INC. · CRD 277027 · SIPC member

Crypto
1% per total purchase
To transfer out
$75

Ranks 3rd on 7.5/10. The largest single contribution is 8/10 on safety and regulation, weighted 34% here and worth 2.7 of the total. Its 6/10 on account types and features adds 1.0 at 16%, and is what holds it back here.

On safety and regulation: Active SEC-registered broker-dealer (8-69649), FINRA member and SIPC member. Scored below the incumbents on operating history — its CRD number places registration in the mid-2010s — with no enforcement matter identified in our sourced review.

Every fee, source and sub-score for tastytrade

4.Public

7.2/10

OPEN TO THE PUBLIC INVESTING, INC. · CRD 127818 · SIPC member

Crypto
1.25% of order amount
To transfer out
$100

Ranks 4th on 7.2/10. The largest single contribution is 8/10 on safety and regulation, weighted 34% here and worth 2.7 of the total. Its 5/10 on account types and features adds 0.8 at 16%, and is what holds it back here.

On safety and regulation: Active SEC-registered broker-dealer (8-66049), FINRA member and SIPC member, with no enforcement matter identified in our sourced review. Its CRD number, 127818, is lower than those of Robinhood, Webull, tastytrade and eToro, which means the legal entity has been registered longer than the app’s launch date suggests. Still well short of the multi-decade registration records that earn a 9 here.

Every fee, source and sub-score for Public

5.Webull

7.2/10

WEBULL FINANCIAL LLC · CRD 289063 · SIPC member

Crypto
1.00% spread per trade
To open
$0
To transfer out
$75

Ranks 5th on 7.2/10. The largest single contribution is 9/10 on fees and total cost, weighted 34% here and worth 3.1 of the total. Its 5/10 on account types and features adds 0.8 at 16%, and is what holds it back here.

On fees and total cost: $0 on US-listed stocks, ETFs and standard options contracts, with regulatory fees itemised transparently. Held off a 10 by the $75 outgoing transfer fee, which is a real switching cost.

Every fee, source and sub-score for Webull

6.eToro (US)

6.4/10

ETORO USA SECURITIES INC. · CRD 298361 · SIPC member

Crypto
1%
To transfer out
$75

Ranks 6th on 6.4/10. The largest single contribution is 8/10 on fees and total cost, weighted 34% here and worth 2.7 of the total. Its 3/10 on account types and features adds 0.5 at 16%, and is what holds it back here.

On fees and total cost: $0 stock and ETF commissions with no per-contract options fee for US users, and $0 withdrawal fees. The full brokerage fee schedule, read on 31 August 2026, shows the costs the headline does not: $75 to transfer the account out, $10 a month in inactivity fees, and a 0.25% FX spread on non-USD wires. With crypto at a flat 1% as well, that is a wider fee surface than the zero-commission framing suggests.

Every fee, source and sub-score for eToro (US)

Every sub-score and why

The arithmetic behind every position on this page: each sub-score, the weight it carries here, and what it contributes to the total. If you disagree with a weight, these let you recompute the ranking yourself — that is the point of publishing them. The written reason behind each integer is on that broker’s review.

Interactive Brokers9 / 9 / 10 / 89.0/10Strong
Safety and regulation9/10 × 34% = 3.1
Fees and total cost9/10 × 34% = 3.1
Investment selection10/10 × 16% = 1.6
Account types and features8/10 × 16% = 1.3

Total 9.0/10 · sum of weighted contributions, rounded to one decimal

Full Interactive Brokers review, with every fee and source
E*TRADE from Morgan Stanley8 / 8 / 8 / 98.2/10Solid
Safety and regulation8/10 × 34% = 2.7
Fees and total cost8/10 × 34% = 2.7
Investment selection8/10 × 16% = 1.3
Account types and features9/10 × 16% = 1.4

Total 8.2/10 · sum of weighted contributions, rounded to one decimal

Full E*TRADE from Morgan Stanley review, with every fee and source
tastytrade8 / 8 / 7 / 67.5/10Solid
Safety and regulation8/10 × 34% = 2.7
Fees and total cost8/10 × 34% = 2.7
Investment selection7/10 × 16% = 1.1
Account types and features6/10 × 16% = 1.0

Total 7.5/10 · sum of weighted contributions, rounded to one decimal

Full tastytrade review, with every fee and source
Public8 / 8 / 6 / 57.2/10Mixed
Safety and regulation8/10 × 34% = 2.7
Fees and total cost8/10 × 34% = 2.7
Investment selection6/10 × 16% = 1.0
Account types and features5/10 × 16% = 0.8

Total 7.2/10 · sum of weighted contributions, rounded to one decimal

Full Public review, with every fee and source
Webull7 / 9 / 6 / 57.2/10Mixed
Safety and regulation7/10 × 34% = 2.4
Fees and total cost9/10 × 34% = 3.1
Investment selection6/10 × 16% = 1.0
Account types and features5/10 × 16% = 0.8

Total 7.2/10 · sum of weighted contributions, rounded to one decimal

Full Webull review, with every fee and source
eToro (US)7 / 8 / 5 / 36.4/10Limited
Safety and regulation7/10 × 34% = 2.4
Fees and total cost8/10 × 34% = 2.7
Investment selection5/10 × 16% = 0.8
Account types and features3/10 × 16% = 0.5

Total 6.4/10 · sum of weighted contributions, rounded to one decimal

Full eToro (US) review, with every fee and source

How we evaluated

Safety and regulation34%
Evidence: FINRA BrokerCheck entity record — legal name, CRD number, SEC file number and registration status — SIPC membership, and public enforcement actions from the regulator or SRO that brought them.
Fees and total cost34%
Evidence: The firm's own published commission and fee schedule, read in full.
Investment selection16%
Evidence: The asset classes named on the firm's own published pricing or product pages.
Account types and features16%
Evidence: The account types named in the firm's own published account lineup.

Five further pillars — access and eligibility, platform and usability, research and education, customer service, execution quality — carry no weight in any ranking, because none of them can yet be settled from a document a reader can open. What each would require is set out in the methodology.

Researched but excluded

  • SoFi Invest (SOFI SECURITIES LLC, CRD 151717) — Legal entity confirmed via FINRA, but the fee page returned HTTP 403 when we attempted to read it. Re-attempted on 30 August 2026 against the published fee schedule PDF and the SoFi support articles: both returned 403 as well. Secondary summaries of SoFi’s pricing are available and we are not using them — we will not score a firm from anything but its own document.
Read the full methodology

Frequently asked questions

Is crypto at a brokerage covered by SIPC?
No. SIPC states it does not protect digital assets that are unregistered investment contracts, nor stablecoins, currencies or commodities. Separately, at all six US brokers we checked the crypto is held by a third party rather than the broker-dealer, and SIPC protects the broker-dealer's custody function.
Which broker has the cheapest crypto fees?
Of the six US brokers publishing a crypto schedule, Interactive Brokers is cheapest at 0.12%–0.18% of trade value with a $1.75 minimum per order. Public is the most expensive at 1.25% of the order amount, with Webull, eToro and tastytrade at around 1%.

Sources

  1. [1]Interactive Brokers — Stocks, ETFs, warrants and structured products commissionsRead August 28, 2026
  2. [2]Interactive Brokers — Options commissionsRead August 30, 2026
  3. [3]FINRA BrokerCheck — Interactive Brokers LLCRead August 28, 2026
  4. [4]Interactive Brokers — Other feesRead August 30, 2026
  5. [5]Interactive Brokers — Mutual fund commissionsRead August 31, 2026
  6. [6]Interactive Brokers — Bond commissionsRead August 31, 2026
  7. [7]Interactive Brokers — Futures commissionsRead August 31, 2026
  8. [8]Interactive Brokers — Cryptocurrency commissionsRead August 31, 2026
  9. [9]Interactive Brokers — Margin ratesRead August 31, 2026
  10. [10]Interactive Brokers — Spot currency commissionsRead August 31, 2026
  11. [11]E*TRADE — Pricing and ratesRead August 28, 2026
  12. [12]FINRA BrokerCheck — Morgan Stanley / E*TRADE Securities LLCRead August 28, 2026
  13. [13]tastytrade — Pricing and commissionsRead August 28, 2026
  14. [14]FINRA BrokerCheck — tastytrade, Inc.Read August 28, 2026
  15. [15]tastytrade — Commissions and fees (last updated 30 July 2026)Read August 30, 2026
  16. [16]FINRA BrokerCheck — Open to the Public Investing, Inc.Read August 28, 2026
  17. [17]Public — Fee schedule (last updated 14 August 2026)Read August 30, 2026
  18. [18]Public — Account types and asset lineupRead August 30, 2026
  19. [19]Webull — Pricing and feesRead August 28, 2026
  20. [20]FINRA BrokerCheck — Webull Financial LLCRead August 28, 2026
  21. [21]eToro US — FeesRead August 28, 2026
  22. [22]FINRA BrokerCheck — eToro USA Securities Inc.Read August 28, 2026
  23. [23]eToro USA Securities Inc. — Brokerage Fee Schedule, last updated 1 July 2026Read August 31, 2026

Affiliate disclosure

We currently have no affiliate or commercial relationship with any broker on this site, and every outbound link is a plain link. If that changes, it will be disclosed here and on the broker's row. Read the full disclosure.

Risk warning

Investing involves risk, including the possible loss of principal. Nothing on this site is personalized investment advice, a recommendation to buy or sell any security, or a solicitation. Figures are read from public sources on the dates shown and can change without notice — verify anything you intend to act on with the provider directly. Read the full risk disclosure.