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


Visit 78% of retail CFD accounts lose money.	Visit Investing in cryptocurrencies involves risk.
Overview
CMC Markets is a global broker headquartered in the U.K that holds 6 high value financial licenses and offers CFD trading on stocks, etfs, commodities, currencies, bonds and cryptocurrencies.	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.
Best For
Professional high volume traders looking to offset the cost of commissions through larger trades Intermediate and professional traders looking for a professional custom platform with customisable layouts	Avid cryptocurrency traders and investors from intermediate to expert levels Day traders looking for a high liquidity exchange with competitive fees
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 5 Other Licenses 0 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Unregulated Top-tier Licenses 0 Other Licenses 0 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) FCA (UK) IIROC (Canada) MAS (Singapore) BaFin (Germany)	None, not required at the moment.
The Good
Comprehensive asset offering with more than 12,000+ tradable assets and the possibility to add data connections to exchanges to add more Powerful professional platform with customisable layouts and integrated reuters feed	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
The Bad
High commissions on stocks and ETFs Platform is not beginner friendly	Interface can be complex to use for beginners The wide selection of products and derivatives can also be intimidating for beginners
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.	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.
📍 Year Founded
1989	2017
💳 Minimum Deposit
0	0
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal	All supported cryptocurrencies Bank transfers Visa Mastercard
💵 Account Base Currencies
10 - AUD, GBP, CAD, EUR, NZD, NOK, PLN, SGD, SEK, USD.	All supported cryptocurrencies.
🗽 Available to U.S Citizens
No	Yes (excluding few states)
❌ Restricted Countries
US, JP, SY, ZA, IR.	None
📊 STP Account
No	No
📊 DMA Account
Yes	No
📊 ECN Account
Yes	No
Assets
📚 Available Assets
CFDs on stocks, ETFs, currencies, cryptocurrencies, commodities, indices and bonds	More than 700+ real cryptocurrencies A wide selection of derivatives based on real cryptocurrencies such as futures, vanilla options, etc.
📙 Stocks
10,169	N/A
📘 Currency Pairs
330+	N/A
📗 Commodities
124	N/A
📕 Indices
95	N/A
📔 ETFs
1084	N/A
💸 Cryptocurrencies
18 (Not available in the U.K)	700+
📒 Bonds
55	N/A
📓 Options
N/A	N/A
📗 Futures
CFDs on commodities futures contracts with various expiration dates.	N/A
📝 Notes:
N/A	Binance specialises in real cryptocurrencies and tokenised derivatives based on their own cryptocurrency offering.
Trading Experience
📈 Minimum Stock Trade Size
1 Share	N/A
📉 Minimum ETFs Trade Size
1 ETF	N/A
📈 Minimum Crypto Trade Size
Varies per cryptocurrency (eg: 0.01 BTC)	$10
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	N/A
📈 Minimum Commodities Trade Size
1 Contract	N/A
📉 Minimum Bonds Trade Size
1 Contract	N/A
📈 Minimum Futures Trade Size
1 Contract	N/A
📉 Minimum Options Trade Size
N/A	N/A
💪 Retail Leverage
Up to 1:30	Up to 1:20
💪 Professional Leverage
Up to 1:500	N/A
✍ Customisable Leverage
No	N/A
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	No
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
Yes	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
After 12 months of inactivity, CMC Markets charges a £10 inactivity fee.	No
💰 Deposit Fees
No	No
💰 Withdrawal Fees
No	No
💰 Commissions
Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission.	Binance charges a fixed 0.1% trade value fee for spot trades.
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips	N/A
📉 SP500
From 60 Pips	N/A
📈 GOLD
From 30 Pips	N/A
📉 TSLA (Stock CFD)
Dynamic - Market Spread	N/A
📈 XLK (ETF - CFD)
Dynamic - Market Spread	N/A
📉 BTC
N/A	Dynamic - From $1
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	No
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
Yes	No