Binance
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Investing in cryptocurrencies involves risk.

Vs.

ActivTrades
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81% of retail CFD accounts lose money.

Binance Vs. ActivTrades - Compare and Choose the Right One

Updated May 13 2022

Visit

Investing in cryptocurrencies involves risk.

Visit

81% of retail CFD accounts lose money.

Overview

Binance is a global cryptocurrency exchange founded in 2017 in China with the aim of providing the ultimate trading solution. Currently, they offer more than 700+ cryptocurrencies, derivatives (such as Vanilla options, futures, staking), a Launchpad platform for ICOs and many more services such as several trading platforms with different complexity levels.

ActivTrades is a global broker founded in Switzerland in 2001 that specialises in providing CFDs on stocks, ETFs, currencies, indices, commodities and cryptocurrencies along with their own proprietary platform and MT4 & 5.

Best For
  • Avid cryptocurrency traders and investors from intermediate to expert levels
  • Day traders looking for a high liquidity exchange with competitive fees
  • Beginner and intermediate traders looking for a simple and powerful platform
  • Experienced currency traders looking to exploit the tight spreads
  • CFD traders looking for an de-leveraged option to trade
Licenses

Financial
Licenses

Regulation

Unregulated

Top-tier Licenses

0

Other Licenses

0

Provided by
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Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators

None, not required at the moment.

  • FCA (UK)
  • SCB (Bahamas)
  • CSSF (Luxembourg)
The Good
  • Largest cryptocurrency exchange in the world by liquidity
  • Massive cryptocurrencies selection available (700+)
  • Large amount of financial products in the form of derivatives (Vanilla options, futures, etc)
  • Advanced trading platforms with visual order books at no cost
  • Great and intuitive proprietary platform
  • MT4 and MT5 offered
  • Low currency spreads
The Bad
  • Interface can be complex to use for beginners
  • The wide selection of products and derivatives can also be intimidating for beginners
  • Asset offering is small when compared to similar competitors
  • Commissions are charged
  • Cryptocurrency trading is disabled during weekends
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 Day 1 Day
📋 Documents Required

Only to increase withdrawal limits:

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2017 2001
💳 Minimum Deposit
0 $500
💰 Payment Methods
  • All supported cryptocurrencies
  • Bank transfers
  • Visa
  • Mastercard
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • Sofort
  • Bank Transfer
💵 Account Base Currencies
All supported cryptocurrencies. 4 - EUR, USD, CHF, GBP.
🗽 Available to U.S Citizens
Yes (excluding few states) No
❌ Restricted Countries
None US, CA, SY, IR.
📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets
  • More than 700+ real cryptocurrencies
  • A wide selection of derivatives based on real cryptocurrencies such as futures, vanilla options, etc.

CFDs on stocks, indices, currencies, commodities, ETFs and cryptocurrencies.

📙 Stocks
N/A 1,000+
📘 Currency Pairs
N/A 50
📗 Commodities
N/A 16
📕 Indices
N/A 30
📔 ETFs
N/A 500+
💸 Cryptocurrencies
700+ 11
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:

Binance specialises in real cryptocurrencies and tokenised derivatives based on their own cryptocurrency offering.

All of ActivTrades’s assets are CFDs.

Trading Experience
📈 Minimum Stock Trade Size
N/A Varies per share (Fractional share trading allowed)
📉 Minimum ETFs Trade Size
N/A Varies per ETF (Fractional ETF trading allowed)
📈 Minimum Crypto Trade Size
$10 $1,000 (0.01 Lots)
📉 Minimum FX Trade Size
N/A $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
N/A $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:20 Up to 1:30
💪 Professional Leverage
N/A Up to 1:400
✍ Customisable Leverage
N/A Yes
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
No Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
No Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
No

Yes, $10 monthly after 1 year of inactivity.

💰 Deposit Fees
No

Yes depending on method:

  • Credit and Debit cards have a 1.5% fee
💰 Withdrawal Fees
No

Yes, only for bank transfer withdrawals (9 GBP each)

💰 Commissions

Binance charges a fixed 0.1% trade value fee for spot trades.

Yes depending on asset:

  • For European shares (excluding London) there are fees of 0.05% of the transaction value (minimum 1€) or 0.01% of the transaction value (minimum 5€)
  • For London shares there are commissions of 0.10% of transaction value (minimum 1£)
  • For New york and other international shares there are commissions of $0.02 per share (minimum $1)

Along specific commissions per asset there can be market data fees such as 1€ monthly for New york exchanges or others.

Spreads
📈 EUR/USD
N/A From 0.5 Pips to 0.91 Pips
📉 SP500
N/A From 23 Pips to 50 Pips
📈 GOLD
N/A From 98 Pips
📉 TSLA (Stock CFD)
N/A Dynamic - Market Spread
📈 XLK (ETF - CFD)
N/A Dynamic - Market Spread
📉 BTC
Dynamic - From $1 From $55 to $91
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
No Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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