Main Features

OVERALL SCORE
4.8
4.8/5

Compare the best bitcoin brokers

Exchange Point is an Estonian-based and licensed provider, offering a platform to exchange fiat for crypto, with over 50 pairs available to buy and sell. 

To get started, you have to complete the KYC process — filling in your personal details and the suitability questionnaire, then submitting your documents. You can send any bill and both sides of your ID card, and then you’re prompted to verify your phone number before you can proceed to fund the account.

We rank Exchange Point the highest because of the choice of pairs, costs being upfront and the smooth overall process. Their European presence and the ability to deposit with a VISA or Mastercard adds an extra layer of credibility.

Pros
Cons

How to open an account

Step 1

Click on the Register button in the top right corner of the page, and complete the fields:

  • A valid email address
  • Type and re-type a password
  • Provide a valid mobile number

Check the three boxes and Submit.

Step 2

Head to your inbox to verify your email; click the Account Confirmation button in the email, which will redirect you to Exchange Point’s site, where you will be prompted to sign in.

Step 3

You’ll now have to complete the onboarding process and verify your information to proceed

  1. Complete your profile: first name, last name, date of birth, gender, and full address

Check the boxes to confirm you are neither a Politically Exposed Person nor a resident or citizen of the United States

  1. Fill in the suitability questionnaire: this covers your intended use of the account, how much money you plan to put through it, and also what the source of income in
  2. Next up is verification: submit a bill or bank statement that matches the address you entered in the first window, and then both sides of your ID or a passport to verify the other information you submitted
  3. The fourth window is a progress page; here you can see what is complete and what is pending, allowing you to easily track what may need review or updating later on

You will then unlock the Buy and Sell tabs once your account has been approved, and then you can proceed to fund your account and make your first transaction.

What can I trade?

Exchange Point offers over 50 crypto pairs that include:

  • Augur (REP)
  • Bitcoin (BTC)
  • Bitcoin Cash (BCH)
  • Dash (DASH)
  • Dash Instant
  • Dogecoin (XDG)
  • EOS (EOS)
  • Ethereum (ETH)
  • Gnosis (GNO)
  • Iconomi (ICN)
  • Litecoin (LTC)
  • Melonport (MLN)
  • Monero (XMR)
  • Ripple (XRP)
  • Stellar (XLM)
  • Tether (USDT)
  • Zcash (ZEC)

What are the costs?

  • Spreads apply on trading account exchange
  • 5% fee on exchange of fiat to cryptocurrency
  • 1% fee on exchange between two cryptocurrencies
  • 0.2% fee for inbound and outbound wallet transactions
todofx review

3 Comments

  • Fully satisfied
    I am fully satisfied with the services I am getting from this broker for a year now. They have
    hassle-free and fast withdrawals.
    They are also available to assist me promptly with all my trading needs.

    Reply
  • Is it worth it to trade forex?
    The short answer is yes, forex trading can really be a profitable business
    and a sustainable source of income.
    For many people, forex trading is an opportunity to make money they can
    invest further and make even more money.

    Reply
  • Good trading platform
    Broker with a very convenient trading app. Fewer complications, easy to use.Good trading
    platform overall.

    Reply

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