#1 Rated Broker

Kraken

Capital at risk · T&Cs apply

38 brokers ranked No paid placements

Best Crypto Exchanges in Iceland 2026

Top crypto exchanges accepting traders from Iceland. Compare globally licensed platforms by fees, regulation, and supported assets.

How we rank brokers

Updated 28 May 2026Rankings are editorially independent — never influenced by commercial partnerships

Based on our 2026 quantitative rating of 38 brokers, Kraken (3.37/5), Coinbase, and Crypto.com rank as the top choices. Kraken leads with regulation from FCA, CFTC and 0.2 pips min spread. Rankings are calculated algorithmically — no paid placements.

#1 Kraken — 3.37/5 · Regulated: FCA, CFTC · Min deposit: $0
#2 Coinbase — 3.36/5 · Regulated: FCA, SEC
#3 Crypto.com — 3.33/5 · Regulated: FCA, MAS

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38 brokers

Top Picks

🥇🥈🥉

Kraken

FCACFTC

3.4/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0.2 pips

Commission

0.16

Strong regulatory compliance
One of the oldest and most trusted exchanges

Fees Regulation

Visit Broker Review

Coinbase

FCASEC

3.4/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0.5 pips

Commission

0.6

FDIC-insured USD balances
Available in 100+ countries

Fees Regulation

Visit Broker Review

Crypto.com

FCAMAS

3.3/ 5

Min. Deposit

Max Leverage

1:10

Spreads From

0.4 pips

Commission

0.075

Crypto Visa card with cashback rewards
Earn/staking products

Fees Regulation

Visit Broker Review

Also Ranked — 35 brokers

Bitstamp

FCASEC

3.3/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0.5 pips

Commission

0.4

Transparent fee structure
Good fiat on/off ramp options

Fees Regulation

Visit Broker Review

Upbit

MASFSC

3.2/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

0.05

FSC and MAS regulated
KRW deposits supported

Fees Regulation

Visit Broker Review

Pionex

MASFinCEN

3.2/ 5

Min. Deposit

Max Leverage

1:3

Spreads From

0 pips

Commission

0.05

Low 0.05% fees
Grid trading bot leader

Fees Regulation

Visit Broker Review

Nexo

FCA

3.2/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

0.5

FCA registered
Instant crypto-backed loans

Fees Regulation

Visit Broker Review

BingX

MAS

3.2/ 5

Min. Deposit

Max Leverage

1:150

Spreads From

0 pips

Commission

0.045

150x leverage on BTC
Social/copy trading for crypto

Fees Regulation

Visit Broker Review

Phemex

MAS

3.2/ 5

Min. Deposit

Max Leverage

1:100

Spreads From

0 pips

Commission

0.01

100x leverage on BTC
Good UI for derivatives

Fees Regulation

Visit Broker Review

#10

Blockchain.com

FCA

3.1/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

0.4

Good security record
One of the most visited crypto sites

Fees Regulation

Visit Broker Review

#11

Bitget

MAS

3.1/ 5

Min. Deposit

Max Leverage

1:125

Spreads From

0.1 pips

Commission

0.06

Wide range of spot and derivatives
One-click copy trading

Fees Regulation

Visit Broker Review

#12

Luno

FCA

3.1/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0.1 pips

Commission

0.25

Simple beginner-friendly interface
Strong presence in Africa and Asia

Fees Regulation

Visit Broker Review

#13

AscendEX

MAS

3.1/ 5

Min. Deposit

Max Leverage

1:100

Spreads From

0 pips

Commission

0.1

MAS Singapore registered
Margin and futures trading

Fees Regulation

Visit Broker Review

#14

Yellow Card

SECFSP

3.1/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Pan-Africa presence in 20 countries
Local currency on/off ramps (mobile money)

Fees Regulation

Visit Broker Review

#15

Bitrue

MAS

3.1/ 5

Min. Deposit

Max Leverage

1:100

Spreads From

0 pips

Commission

0.098

Strong XRP ecosystem
MAS regulated

Fees Regulation

Visit Broker Review

#16

SwissBorg

FCA

3.1/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

0.25

Yield earning on crypto
CHSB token rewards

Fees Regulation

Visit Broker Review

#17

VALR

FSCA

3.1/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

0.1

Africa's largest crypto exchange
Low trading fees

Fees Regulation

Visit Broker Review

#18

Bybit

FSA

3.0/ 5

Min. Deposit

Max Leverage

1:100

Spreads From

0.1 pips

Commission

0.06

Copy trading feature
Competitive derivatives trading

Fees Regulation

Visit Broker Review

#19

OKX

FSA

3.0/ 5

Min. Deposit

Max Leverage

1:100

Spreads From

0.1 pips

Commission

0.08

Built-in Web3 wallet
Wide range of crypto products

Fees Regulation

Visit Broker Review

#20

Coincheck

FSA

3.0/ 5

Min. Deposit

Max Leverage

1:2

Spreads From

0.1 pips

Commission

Commission-free

FSA regulated
NEM, Bitcoin and 20+ coins available

Fees Regulation

Visit Broker Review

#21

KuCoin

FSA

3.0/ 5

Min. Deposit

Max Leverage

1:100

Spreads From

0.1 pips

Commission

0.1

Staking, lending and bot trading
Copy trading available

Fees Regulation

Visit Broker Review

#22

BitMEX

FSA

3.0/ 5

Min. Deposit

Max Leverage

1:100

Spreads From

0 pips

Commission

0.075

Deep liquidity on BTC perpetuals
Professional-grade tools

Fees Regulation

Visit Broker Review

#23

CoinEx

FSA

3.0/ 5

Min. Deposit

Max Leverage

1:100

Spreads From

0 pips

Commission

0.2

Derivatives and margin trading
Low trading fees

Fees Regulation

Visit Broker Review

#24

WhiteBIT

FSA

3.0/ 5

Min. Deposit

Max Leverage

1:10

Spreads From

0.1 pips

Commission

0.1

10x leverage on crypto
350+ trading pairs

Fees Regulation

Visit Broker Review

#25

XT.com

FSA

3.0/ 5

Min. Deposit

Max Leverage

1:125

Spreads From

0 pips

Commission

0.2

Competitive fees
Spot and derivatives trading

Fees Regulation

Visit Broker Review

#26

MEXC

FSA

3.0/ 5

Min. Deposit

Max Leverage

1:200

Spreads From

0 pips

Commission

Commission-free

Fast new token listings
Huge altcoin selection (1,500+)

Fees Regulation

Visit Broker Review

#27

Poloniex

FSA

3.0/ 5

Min. Deposit

Max Leverage

1:10

Spreads From

0 pips

Commission

0.155

One of the oldest crypto exchanges
Wide range of altcoins

Fees Regulation

Visit Broker Review

#28

HTX

FSA

3.0/ 5

Min. Deposit

Max Leverage

1:200

Spreads From

0.1 pips

Commission

0.2

Large crypto selection (600+ tokens)
Long track record since 2013

Fees Regulation

Visit Broker Review

#29

Gate.io

FSA

3.0/ 5

Min. Deposit

Max Leverage

1:100

Spreads From

0.1 pips

Commission

0.2

Early access to new token listings
One of the largest altcoin selections (1,700+)

Fees Regulation

Visit Broker Review

#30

Bitfinex

FSA

2.9/ 5

Min. Deposit

$10000

Max Leverage

1:10

Spreads From

0.1 pips

Commission

0.1

Lending market for passive income
Advanced order types

Fees Regulation

Visit Broker Review

#31

Deribit

Unregulated

2.9/ 5

Min. Deposit

Max Leverage

1:100

Spreads From

0 pips

Commission

0.03

BTC and ETH options/futures
Deep liquidity

Fees Regulation

Visit Broker Review

#32

BTSE

FSRA

2.9/ 5

Min. Deposit

Max Leverage

1:100

Spreads From

0 pips

Commission

0.1

Futures and spot markets
Multi-currency wallets (BTC, ETH, USDT)

Fees Regulation

Visit Broker Review

#33

LBank

FinCEN

2.9/ 5

Min. Deposit

Max Leverage

1:100

Spreads From

0 pips

Commission

0.1

Top 15 global exchange by volume
9M+ registered users

Fees Regulation

Visit Broker Review

#34

CoinW

FinCEN

2.9/ 5

Min. Deposit

Max Leverage

1:200

Spreads From

0 pips

Commission

0.2

Futures up to 200x leverage
FinCEN registered

Fees Regulation

Visit Broker Review

#35

BitMart

FinCEN

2.9/ 5

Min. Deposit

Max Leverage

1:100

Spreads From

0 pips

Commission

0.25

FinCEN registered
1000+ cryptocurrency pairs

Fees Regulation

Visit Broker Review

#36

ProBit Global

FSC

2.9/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

0.2

Multilingual support (45 languages)
IEO launchpad

Fees Regulation

Visit Broker Review

#37

Ripio

CNV

2.8/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

4M+ users across LatAm
CNV Argentina regulated

Fees Regulation

Visit Broker Review

#38

dYdX

Unregulated

2.7/ 5

Min. Deposit

Max Leverage

1:20

Spreads From

0 pips

Commission

0.02

Perpetual contracts
No KYC required

Fees Regulation

Visit Broker Review

Frequently Asked Questions

Can I trade crypto CFDs without owning the underlying asset?

Yes. Most brokers in this list offer crypto CFDs, which let you speculate on price movements without holding the actual coins. You'll need a broker regulated for derivatives in your country.

What fees apply to crypto trading?

Brokers charge spreads, overnight financing (swap) fees on leveraged positions, and sometimes withdrawal fees. Compare the total cost — not just the spread — when choosing a crypto broker.

Is crypto trading available in my country?

Crypto CFD availability depends on local regulations. Some jurisdictions (e.g., the UK) restrict leverage crypto products for retail clients. Always verify that the broker accepts traders from your country before registering.

What is the minimum deposit to trade crypto in Iceland?

36 brokers on this list accept traders from Iceland with no minimum deposit ($0). The lowest non-zero minimum deposit among brokers available in Iceland is $1. For better risk management and position sizing, most experts recommend starting with at least $100–$200 regardless of the broker's minimum.

Which is the top-rated broker in this list for 2026?

Based on our scoring algorithm, Kraken currently ranks #1 with a score of 3.4/5. Scores are recalculated every 24 hours as broker data changes.

Our #1 pick for 2026

Kraken

FCA CFTC3.4/5

Visit Broker Full Review

How do we rank brokers?

Our algorithm weights regulation (25%), fees (20%), platform (15%), markets (10%), trust (15%) and UX (15%). No paid placements — ever.

Full methodology

Trading involves risk of loss. Rankings are for informational purposes only — not financial advice. Full risk disclosure.

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

Libertex

3.7

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Best Crypto Exchanges in Iceland 2026

Kraken

Coinbase

Crypto.com

Bitstamp

Upbit

Pionex

Nexo

BingX

Phemex

Blockchain.com

Bitget

Luno

AscendEX

Yellow Card

Bitrue

SwissBorg

VALR

Bybit

OKX

Coincheck

KuCoin

BitMEX

CoinEx

WhiteBIT

XT.com

MEXC

Poloniex

HTX

Gate.io

Bitfinex

Deribit

BTSE

LBank

CoinW

BitMart

ProBit Global

Ripio

dYdX

Frequently Asked Questions

Can I trade crypto CFDs without owning the underlying asset?

What fees apply to crypto trading?

Is crypto trading available in my country?

What is the minimum deposit to trade crypto in Iceland?

Which is the top-rated broker in this list for 2026?

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