Top platforms for day trading crypto and forex with and without KYC

I'm looking for your suggestions on the best platforms for starting day trading in crypto and forex. I have around $3K to kick things off, and I plan to invest more later. It would be great to know about options that require KYC and those that don’t, along with the risks associated with each. Ideally, I want a platform where I can trade both crypto and forex, and I’d prefer something that’s not based in the US but still reliable. I'm new to this whole day trading thing. Appreciate your help!

Personally $3k is big for a beginner but I think it depends on how much the budget an individual has. Based on my research and based on the ads I've been seeing often, eToro sounds good for both Forex and Cryptocurrency trading. I don't personally recommend it as I don't personally use it but based on the ads I've seen, they have plenty to offers on both forex and cryptocurrency. Just do your own research first before using it. Lastly, I think you would need to comply with KYC, knowing these kind of trading sites (Big sites), you need to comply with their AML policy/KYC policy.

All exchanges that deal with local currencies will use KYC to register because you need to link your bank account, at this point you have no choice. I'm not a forex trader, I just used to see ads for these brokers who I think are among the top brokers at the moment: OctaFX, Exness, and XM. Although you can trade both entities in one broker, they're essentially margin trading.

Forget it with forex. The last non KYC forex brokers disappeared around the time crypto came along. You want to day trade, with the amount you're looking at, then you want a KYC exchange anyway though. If you find a non KYC one, its new, low liquidity, and if/when they scam you, it's time to say goodbye to your money.

If you hadn't involved Forex trading in the mix, I would've recommended some Dexs where you will do your trading without KYC stress. However, involving Forex means it has to be a KYCed brokerage. I'm not even sure there's any Forex trading platform that runs a non-kyc policy. OP, it's even to your advantage for the brokerage to demand your details as to know you. It's for the security of your funds.

Doing stocks related is definitely needed KYC and forex too. But if only crypto there are other choices such as mexc and kucoin. I am using those cex without restriction on kyc but theres a limited amount of withdrawal. But Im not a whale so the limit is totally fine with me.

I don't think this should be your first approach seeking for a place to trade without you knowing or having the basic experience or knowledge towards what you wanna do. Trading is simple and you can used Binance to trade if your country is not that restrictive to cryptocurrency otherwise it is better to do investments, buy and hold some fraction of Bitcoin for at least 3-4 years as short term investment could definitely yield better profits in return back. I wouldn't encourage newbie or beginners to start trading without knowledge or having the basics needed as a beginner. For you to be trader you must know things and study very hard as I wouldn't want in a situation whereby you lose everything at the starting.

A beginner with that capital going with forex is most likely going to lose all of them. If you're looking to trade in crypto, check the reference of it on coinmarketcap for the top ones but if not all then most of them requires kyc ~> https://coinmarketcap.com/rankings/exchanges/ But for those that don't asks for KYC, they're the DEX (decentralized exchanges). I'm not convincing you to avoid forex but, you do you.

For crypto trading, binance and bybit are top tier exchange and they have enough trading volume. Both exchange require KYC, the risk is that trading is very risky and if you are still a beginner, don't go trading with that $3k you have because you will lose it. Practice with small capital first or better practice on the demo account until you become an expert before you invest real money. Doing forex and crypto trading at same time? I think it's too risky, just focus on one.

Sad to say most of the exchanges now especially if you want combination of Forex & Crypto, even forex only - most are really needed to undergo with KYC. Dzengi - they have tokenised cryptocurrency, stocks, and forex at the same time, but limited pairs only. But last I used this platform, I went to KYC verification.

Just use DEX that has good liquidity for crypto but for forex, It's a bit difficult. KYC is a must these days and so far only DEX being left untouched and of course if we are talking about risk, there's always risk of contract exploit and so on.

I don't think there's a broker/exchange that allows traders to trade in Stocks and Forex where you don't need KYC. When it comes to crypto though, MEXC is the one that I'm using where I didn't do any KYC, but still I can trade. There are some limitations though, but it wasn't that strict. I can still trade, deposit and withdraw still, but I'm just a small trader unlike you where you're trading $3,000. You said that you're a beginner, but you're starting with $3,000. Hmmm, I'm not against it since it's your money, but maybe, just maybe use a small amount first if you're REALLY a newbie, but if you're not then just use the amount of money you're willing to lose. You can use Hyperliquid as an option as well where you can trade without the need of KYC. It's a DEX.

You should choose one, trading crypto or forex and not doing the same especially if you are a beginner. Besides that, you don't have to use $3k to start trading because the risk will be bigger as you still a beginner. Dex will be good to trade but you should search which DEX that can make you comfortable. If you are okay with KYC, you can select CEX. We can mention CEX name such as Binance, Bitget, Bybit, KuCoin but you must find what you want. I don't know with DEX because I mostly trade in CEX.

CEXes are more convenient, imo. And I hope DEXes will improve in that department in the future to come.

Hyperliquid should be your destination. It's currently one of the few trustworthy exchanges that is actually decentralized and doesn't require any form of KYC to facilitate trading. You just need to connect your wallet, bridge to the hyperEVM and get started that way. Have you used Hyperliquid? It matches CEX experience with those centralization and KYC tradeoffs.

If you are a beginner, then all exchanges that require KYC and do not require it are equally dangerous for you. It would be wise to acquire the necessary trading knowledge before starting trading. And since you do not want to undergo verification for trading, you should register on a decentralized exchange, which usually do not require KYC. However, it should be borne in mind that there is not enough liquidity on DEX, which can lead to slippage and eventually to large trading losses.

If you are looking for a platform that can trade both cryptocurrencies and forex, Bybit is the best choice for you. Although they are known as a cryptocurrency exchange they have also been offering forex trading services for the past few years but since they are a centralized platform, you will need to KYC. However, I would advise you that as a newbie, you should just focus on one market, you don't need to get involved in too many. That will get you into more trouble than it will make you more profit like you think. Just focus on 1 market and do it well, you can also make a lot of profit. https://www.bybit.com/future-activity/en/mt5

I think it's a challenge to find a trustworthy and reliable forex broker that doesn't require KYC. It's probably not worth risking your $3k and dealing with stress of withdrawal issues or potential complications with your deposits and winnings.

Hyperliquid for crypto perps: hyperliquid.xyzOstium for gold/forex: ostium.appDinari for stocks: dinari.com