Summary: MetaTrader does not offer cryptocurrency trading directly on its platform. Investors must transfer funds from their accounts to a licensed digital asset exchange. Finding a crypto trading exchange regulated and licensed to operate in your jurisdiction is essential for maintaining regulatory compliance in your country.
Upon investigating the top global digital currency exchanges, our expert team has determined that Bybit is the best option for MetaTrader users. Bybit provides a range of advanced trading features for both beginner and experienced traders, including spot, futures, and options trading. It offers free and instant deposits in over 90 fiat currencies to trade over 770 cryptocurrencies.
- Buy, Sell and Trade over 890 cryptocurrency with up to 100x leverage.
- Low trading fees starting at 0.01% Maker Orders and 0.06% Taker Orders.
- Secure and trusted trading platform with over 19 million users worldwide.
Can I Buy Bitcoin with MetaTrader?
It is not possible to buy cryptocurrency directly through MetaTrader. The easiest and most secure way to invest in crypto is by through a digital asset exchange in the United States, Australia, the United Kingdom, Europe, or Asia. To protect your assets and preserve compliance with regulatory standards, it is essential to select a licensed trading platform that complies with your local laws.
How to Buy Bitcoin or Crypto with MetaTrader
For MetaTrader users, the best way to buy crypto is through a digital asset platform. We recommend using Bybit as it is available in over 180 countries globally and accepts deposits in 90+ currencies. As a global platform, users can deposit funds via several payment methods, including Bank, ACH and SEPA transfer, credit or debit card, PayPal, and other popular payment providers.
To buy crypto on Bybit, investors can get started with these four steps:
- Create an Account: Verify your email after registering on Bybit.
- Pick Payment Method: Select a deposit method under the 'Buy Crypto' tab.
- Select Currency: Pick your fiat currency and desired cryptocurrency.
- Purchase Crypto: Input the amount you wish to invest and tap ‘Buy’.
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MetaTrader Cryptocurrency Policy
Although MetaTrader does not directly offer cryptocurrencies, it has announced plans to add a digital asset trading service in the future. For the time being, MetaTrader only provides access to CFDs.
About MetaTrader
MetaTrader, developed by MetaQuotes Software, is a multi-asset platform offering various features for online trading in the forex, contract for differences (CFDs), and futures markets. The platform is revered for its advanced functionality that includes automated trading via scripting language MQL4/MQL5, comprehensive analytics with 30+ built-in indicators, various chart settings, and support for algorithmic trading.
Widely adopted by brokers globally, MetaTrader is available in two versions - MetaTrader 4 (MT4) favored for its simplicity, and MetaTrader 5 (MT5), offering enhanced features like integrated economic calendar and depth of market. With its user-friendly interface and customizable nature, MetaTrader provides a robust solution for real-time financial market participation.
Final Thoughts
To summarize, MetaTrader does not support cryptocurrency transactions directly on its platform. However, users can invest in the asset class by transferring funds to secure and regulated cryptocurrency trading platforms. Bybit is the best digital currency exchange for MetaTrader users, offering free and instant deposits to trade and stake hundreds of tokens.
Dylan Matthews is the Co-Founder and head of operations at Buy Bitcoin Bank, with a background in engineering and experience as a Prop Trader. He has leveraged his knowledge and skills to build and scale the platform, providing users with a seamless experience for buying and selling cryptocurrency.
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