Binance
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Investing in cryptocurrencies involves risk.

Vs.

Moneta Markets
Visit

74-89% of retail CFD accounts lose money.

Binance Vs. Moneta Markets - Compare and Choose the Right One

Updated Oct 20 2022

Visit

Investing in cryptocurrencies involves risk.

Visit

74-89% 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.

Moneta Markets is an international broker that specialises in CFDs trading via MetaTrader 4 and their proprietary platform ProTrader powered by TradingView.

Best For
  • Avid cryptocurrency traders and investors from intermediate to expert levels
  • Day traders looking for a high liquidity exchange with competitive fees
  • Scalpers looking to take advantage of the spreads and commissions on ECN account
  • International traders looking for an off-shore high leverage broker.
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

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators

None

  • VFSC (Vanuatu)
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
  • ProTrader platform powered by TradingView
  • Competitive commissions on ECN account
  • Moneta Markets is part of the Vantage group which holds an ASIC license
The Bad
  • Interface can be complex to use for beginners
  • The wide selection of products and derivatives can also be intimidating for beginners
  • Demo accounts only last 30 days
  • Asset offering is extremely low (below 300 instruments)
  • Weak regulatory framework with only 1 license
  • STP account spreads are really high for industry standards
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
  • 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 2019
💳 Minimum Deposit Range
0 $50
💰 Payment Methods
  • Cryptocurrency
  • Bank transfers
  • Visa
  • Mastercard
  • Visa
  • Mastercard
  • FasaPay
  • JCB
  • SticPay
  • Bank Transfer
💵 Account Base Currencies
All supported cryptocurrencies. 9 - AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD.
🗽 Available to U.S Citizens
Yes No
❌ Restricted Countries
None

AF, AS, AL, AU, BY, BE, BM, BA, BG, BI, CA, CF, HR, CU, CY, CD, ER, FR, GU, IR, IQ, IT, JP, LB, LR, LY, MK, ML, ME, MM, KP, PR, GN, GW, RO, SL, RS, SG, SI, SO, SS, SD, ES, SY, US, UK, VI, VE, YE, ZW. 

📊 STP Account
No Yes
📊 DMA Account
No No
📊 ECN Account
No Yes
Banking License
No No
Debit Card
Yes No
Assets
📚 Assets Type
Hybrid CFDs
Total Asset Offering
750 311
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
0 226
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
0 44
📗 Commodities
0 0
📗 Commodities CFDs
0 19
📕 Indices
0 0
📕 Indices CFDs
0 16
📔 ETFs
0 0
📔 ETFs CFDs
0 0
💸 Cryptocurrencies
750 0
💸 Cryptocurrency CFDs
0 6
📒 Bonds
0 0
📒 Bonds CFDs
0 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
Unavailable 1 Share
📉 Minimum ETFs Trade Size
Unavailable Unavailable
📈 Minimum Crypto Trade Size
$10 Unavailable
📉 Minimum FX Trade Size
Unavailable $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Unavailable $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
100 500
💪 Professional Leverage
Unavailable Unavailable
✍ Customisable Leverage
Yes Yes
🎲 Deleveraged Trading
Yes No
🎓 Demo Account
No Yes
📱 IOS App
Yes No
📱 Android App
Yes No
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
No No
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes Yes
💻 Proprietary Platform
Yes No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee
None None
💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions

Fixed 0.1% trade value fee for spot trades.

None in Direct STP accounts, yes in Prime ECN account of $3 per lot side.

Spreads
📈 EUR/USD
Unavailable Dynamic - From 0.1 to 1.2 Pips
📉 SP500
Unavailable Dynamic - From 300 Pips
📈 GOLD
Unavailable Dynamic - From 10 to 130 Pips
📉 TSLA (Stock CFD)
Unavailable Unavailable
📈 XLK (ETF - CFD)
Unavailable Unavailable
📉 BTC
Dynamic - From $1 Dynamic - From $180 to $230
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
No Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No
📡 Educational Content
Yes No
📡 Live Chat Support
No Yes
📡 Video Tutorials
Yes No
📡 Account Management
No No
📡 Webinars
No No