#1 Rated Broker

Crypto.com

Capital at risk · T&Cs apply

21 brokers ranked No paid placements

Best Crypto Exchanges in Somalia 2026

Top crypto exchanges accepting traders from Somalia. 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 21 brokers, Crypto.com (3.33/5), Gemini, and Nexo rank as the top choices. Crypto.com leads with regulation from FCA, MAS and 0.4 pips min spread. Rankings are calculated algorithmically — no paid placements.

#1 Crypto.com — 3.33/5 · Regulated: FCA, MAS · Min deposit: $0
#2 Gemini — 3.32/5 · Regulated: CFTC, FCA
#3 Nexo — 3.18/5 · Regulated: FCA

Filter by market

Sort by

21 brokers

Top Picks

🥇🥈🥉

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

Gemini

CFTCFCA

3.3/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0.5 pips

Commission

0.35

Earn interest on crypto holdings
ActiveTrader for lower fees

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

Also Ranked — 18 brokers

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

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

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

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

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

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

#10

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

#11

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

#12

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

#13

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

#14

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

#15

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

#16

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

#17

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

#18

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

#19

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

#20

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

#21

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.

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

Based on our scoring algorithm, Crypto.com currently ranks #1 with a score of 3.3/5. Scores are recalculated every 24 hours as broker data changes.

Our #1 pick for 2026

Crypto.com

FCA MAS3.3/5

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.

Our Partner Brokers

View all rankings

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

Visit

Best Crypto Exchanges in Somalia 2026

Crypto.com

Gemini

Nexo

Blockchain.com

Yellow Card

Bitrue

SwissBorg

Bybit

OKX

KuCoin

BitMEX

CoinEx

XT.com

MEXC

HTX

Gate.io

Bitfinex

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?

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

Key Trading Terms

Related Guides

BrokerRank Research

Related Rankings

Browse by regulator

Compare Top Brokers

Our Partner Brokers