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    Binance
    Visit

    Investing in cryptocurrencies involves risk.

    Vs.

    easyMarkets
    Visit

    61% of retail CFD accounts lose money.

    Binance Vs. easyMarkets - Compare Trustworthiness, Capabilities, Fees and Legitimacy

    Updated Oct 20 2022

    Visit

    Investing in cryptocurrencies involves risk.

    Visit

    61% 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.

    Founded in 2001, easyMarkets offers three types of accounts – VIP, Premium and Standard – with fixed spreads for its Web, App and MT4 platforms.

    Best For
    • Avid cryptocurrency traders and investors from intermediate to expert levels
    • Day traders looking for a high liquidity exchange with competitive fees
    • Forex traders who want transparent trades with fixed spreads
    • Traders who want access to higher leverage with its global entities
    Licenses

    Financial
    Licenses

    Regulation

    Unregulated

    Top-tier Licenses

    0

    Other Licenses

    0

    Provided by
    TheTradingBible.com

    Learn More

    Financial
    Licenses

    Regulation

    Regulated

    Top-tier Licenses

    1

    Other Licenses

    3

    Provided by
    TheTradingBible.com

    Learn More
    πŸ› Financial Regulators

    None

    • CySec (Cyprus)
    • FSAS (Seychelles)
    • FSC (British Virgin Islands)
    • ASIC (Australia)
    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
    • Low minimum deposit required for standard accounts
    • No fees or commissions
    • Clear trading conditions with fixed spreads
    • Offers free guaranteed stop loss
    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 isn’t that comprehensive
    • There is no possibility of buying real stocks or ETFS
    • Limited trading hours
    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
    βŒ› Account Opening Time
    1 day 1 day
    πŸ“‹ Documents Required
    • 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.

    πŸ“ Year Founded
    2017 2001
    πŸ’³ Minimum Deposit Range
    0 $25 for Standard account, $2,000 for premium and $10,000 for VIP
    πŸ’° Payment Methods
    • Cryptocurrency
    • Bank transfers
    • Visa
    • Mastercard
    • Visa
    • Mastercard
    • American Express
    • Maestro
    • JCB
    • Skrill
    • Neteller
    • AstroPay
    • Sofort
    • giropay
    • Ideal 
    • Bank transfer
    • BPay
    • Fasapay
    • Sticpay
    • WebMoney
    • bitwallet
    • Perfect Money
    πŸ’΅ Account Base Currencies
    All supported cryptocurrencies. 19 - EUR, CAD, CZK, JPY, NZD, USD, SGD, CHF, GBP, MXN, AUD, PLN, TRY, CNY, HKD, NOK, SEK, ZAR, BTC.
    πŸ—½ Available to U.S Citizens
    Yes No
    ❌ Restricted Countries
    None

    US, IL, CA, AF, AI, BI, KY, KY, TD, CD, CG, DM, GQ, FJ, GW, HY, HN, IR, IQ, LA, MZ, MM, NI, KP, PW, PA, SO, SS, SD, SY, TT, TM, VU, VE, YE.

    πŸ“Š STP Account
    No No
    πŸ“Š DMA Account
    No No
    πŸ“Š ECN Account
    No No
    Banking License
    No No
    Debit Card
    Yes No
    Assets
    πŸ“š Assets Type
    Hybrid CFDs
    Total Asset Offering
    750 196
    Exchange Access
    0 0
    πŸ“™ Real Stocks
    0 0
    πŸ“™ Stock CFDs
    0 64
    πŸ“˜ Currency Pairs
    0 0
    πŸ“˜ Currency Pair CFDs
    0 62
    πŸ“— Commodities
    0 0
    πŸ“— Commodities CFDs
    0 17
    πŸ“• Indices
    0 0
    πŸ“• Indices CFDs
    0 13
    πŸ“” ETFs
    0 0
    πŸ“” ETFs CFDs
    0 0
    πŸ’Έ Cryptocurrencies
    750 0
    πŸ’Έ Cryptocurrency CFDs
    0 17
    πŸ“’ Bonds
    0 0
    πŸ“’ Bonds CFDs
    0 0
    πŸ““ Options
    0 0
    πŸ““ Options CFDs
    0 23
    πŸ“— Futures
    0 0
    πŸ“— Futures CFDs
    0 0
    Trading Experience
    πŸ“ˆ Minimum Stock Trade Size
    Unavailable Varies per stock (Eg: AMZN 0.05, APPL 0.25)
    πŸ“‰ Minimum ETFs Trade Size
    Unavailable Unavailable
    πŸ“ˆ Minimum Crypto Trade Size
    $10 $2,500 (0.025 Lots)
    πŸ“‰ Minimum FX Trade Size
    Unavailable $2,500 (0.025 Lots)
    πŸ“ˆ Minimum Commodities Trade Size
    Unavailable Varies per commodity (Eg: $25 for WTI, $75 for XAG)
    πŸ“‰ Minimum Bonds Trade Size
    Unavailable Unavailable
    πŸ“ˆ Minimum Futures Trade Size
    Unavailable Unavailable
    πŸ“‰ Minimum Options Trade Size
    Unavailable Unavailable
    πŸ’ͺ Retail Leverage
    100 30
    πŸ’ͺ Professional Leverage
    Unavailable 500
    ✍ Customisable Leverage
    Yes Yes
    🎲 Deleveraged Trading
    Yes No
    πŸŽ“ Demo Account
    No Yes
    πŸ“± IOS App
    Yes Yes
    πŸ“± Android App
    Yes Yes
    πŸ“Ί MetaTrader 4
    No Yes
    πŸ“Ί MetaTrader 5
    No No
    πŸ“Ί cTrader
    No No
    πŸ’» Web trader
    Yes Yes
    πŸ’» TradingView Platform
    Yes Yes
    πŸ’» Proprietary Platform
    Yes Yes
    πŸ“Š Multi-chart Tools
    Yes Yes
    πŸ‘¬ Copy Trading
    No No
    πŸ‘« Social Trading
    No No
    πŸ”‘ Guaranteed Stop-loss
    No Yes
    πŸ”¨ Trailing Stop-loss
    No No
    Fees
    πŸ’° Inactivity Fee
    None None
    πŸ’° Deposit Fees
    None None
    πŸ’° Withdrawal Fees
    None None
    πŸ’° Commissions

    Fixed 0.1% trade value fee for spot trades.

    None
    Spreads
    πŸ“ˆ EUR/USD
    Unavailable Fixed - Based on Account Type (From 0.7 to 1.7 Pips)
    πŸ“‰ SP500
    Unavailable Fixed - 150 Pips
    πŸ“ˆ GOLD
    Unavailable Fixed - Based on Account Type (From 5 Pips to 30 Pips)
    πŸ“‰ TSLA (Stock CFD)
    Unavailable Fixed - $13
    πŸ“ˆ XLK (ETF - CFD)
    Unavailable Unavailable
    πŸ“‰ BTC
    Dynamic - From $1 Fixed - $100
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    πŸ”­ Stock Screener
    No No
    πŸ—“ Economic Calendar
    No Yes
    πŸ“œ Integrated Newsfeed
    No Yes
    πŸ“‘ Reuters Feed
    No No
    πŸ“‘ Educational Content
    Yes No
    πŸ“‘ Live Chat Support
    No No
    πŸ“‘ Video Tutorials
    Yes No
    πŸ“‘ Account Management
    No Yes
    πŸ“‘ Webinars
    No No