How do we rate cryptocurrency exchanges?

Here's how we decided our Finder score for FCA-registered crypto exchanges.

To help you find the best crypto exchange, our team analysed the fees, features, user experience and security for each FCA-registered cryptocurrency exchange we’ve reviewed on our site.

We use this analysis to create our expert Finder score. Exchanges that score well across the board are eligible to be included in our “best for” picks. These reflect the stand-out features of the exchanges.

Finder’s expert scores

You’ll find our expert scores on our banking pages. We rate bank accounts using a system of 1 to 5 blue stars.

★★★★★ – Excellent

★★★★★ – Good

★★★★★ – Average

★★★★★ – Subpar

★★★★★ – Poor

What factors do we take into account?

We rate the exchanges on 6 key factors:

  1. Fees. We look at what fees an exchange charges for deposits and withdrawals, as well as its maker and taker fees, and whether there are any additional fees for inactivity on the account.
  2. Choice of crypto. Exchanges usually deal in both cryptocurrencies and fiat currencies. We look at the number of altcoins on offer and how many different fiat currencies you can trade with.
  3. Tools, resources and features. Exchanges typically have trading tools, educational resources and additional features in order to bring extra value to their services. The larger, more established exchanges tend to offer services like recurring buys or bundles.
  4. Account types. This is all about the different services on offer. Whether an exchange has a pro trading function or offers a wallet to store your cryptoassets.
  5. User experience. What is the app like? Does it have good reviews? How can you contact customer service? All of these contribute towards a negative or positive experience using an exchange.
  6. Safety & security. What security features does the app have? Is the exchange FCA-registered? Does it have any additional insurance to reimburse you if there is a hack?

How we decide which features are most important

Using and comparing crypto exchanges and then sharing our findings is what we do.

Each factor in our scoring is weighted. We asked consumers what matters to them when choosing a cryptocurrency exchange, and took this into account when deciding how to weight our scores.

FeesSafety & securityUser experienceChoice of cryptoTools, resources and featuresAccount types
30%30%20%10%5%5%

How do we choose our “best” exchanges?

Our “best fors” are displayed across our crypto content and feature those exchanges that have scored well across the board, have stand-out features and are among partner brands we work with.

More guides on Finder

  • 4 ways to streamline your international business payments with WorldFirst

    As more businesses plan to go global, find out how WorldFirst’s multi-currency account could benefit your operations. Paid content.

  • eToro vs XTB

    XTB and eToro are cheap investment platforms with a lot to offer. We compare the features, fees, account types and more – side by side in eToro vs XTB.

  • Payday loans guides & resources

    Browse our collection of payday loan guides, designed to answer all of your short term loan questions and help you find the right payday loan.

  • Best side hustle ideas for teens

    We’ve compiled a list of side hustle ideas, so you can give your teenager a nudge in the right direction next time they come to you asking for money.

  • Euro business accounts

    Find out how euro business accounts work and who they might suit.

  • Can you have more than one business bank account?

    We explain the benefits of opening multiple business bank accounts and what to watch out for.

  • Freetrade vs Hargreaves Lansdown (HL)

    Freetrade and Hargreaves Lansdown are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in Freetrade vs HL.

  • Bestinvest vs Hargreaves Lansdown (HL)

    Bestinvest and Hargreaves Lansdown (HL) are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in Bestinvest vs Hargreaves Lansdown.

  • Moneybox vs Hargreaves Lansdown (HL)

    Hargreaves Lansdown and Moneybox are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in Moneybox vs Hargreaves Lansdown (HL).

  • Moneyfarm vs Hargreaves Lansdown (HL)

    Hargreaves Lansdown and Moneyfarm are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in Moneyfarm vs Hargreaves Lansdown (HL).

Go to site