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


Visit 63.10% of retail CFD accounts lose money.	Visit Investing in cryptocurrencies involves risk.
Overview
Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas.	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
New investors and traders looking to explore their social and copy trading offering via live coaches New investors and traders looking for a simple and friendly mobile app for commission-free investing in stocks or equities	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 0 Other Licenses 1 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
MFSA (Malta Financial Services Authority)	None
The Good
Their “trading ideas” and “live coaches” offering is quite interesting and provides a lot of value for new traders Their proprietary platform is very simple and easy to use Their equities offering is completely commission-free	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
Asides from stocks and ETFs, their asset offering lacks variety Their web platform is completely impractical to use for professional trading They don’t let you enjoy your demo trading experience in peace, there is a constant pop-up asking you to fund your account at all times	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.	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
2014	2017
💳 Minimum Deposit Range
0	0
💰 Payment Methods
Visa Mastercard Bank Transfer	Cryptocurrency Bank transfers Visa Mastercard
💵 Account Base Currencies
2 - EUR, GBP.	All supported cryptocurrencies.
🗽 Available to U.S Citizens
No	Yes
❌ Restricted Countries
US, CA, SY, IR.	None
📊 STP Account
No	No
📊 DMA Account
Yes	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	Yes
Assets
📚 Assets Type
Hybrid	Hybrid
Total Asset Offering
18,037	750
Exchange Access
0	0
📙 Real Stocks
8,000	0
📙 Stock CFDs
8,000	0
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
22	0
📗 Commodities
0	0
📗 Commodities CFDs
5	0
📕 Indices
0	0
📕 Indices CFDs
5	0
📔 ETFs
1,000	0
📔 ETFs CFDs
1,000	0
💸 Cryptocurrencies
0	750
💸 Cryptocurrency CFDs
4	0
📒 Bonds
0	0
📒 Bonds CFDs
1	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Unavailable
📉 Minimum ETFs Trade Size
1 ETF	Unavailable
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (eg: 0.1 BTC)	$10
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	Unavailable
📈 Minimum Commodities Trade Size
Varies per commodity (eg: 1 contract of Gold - 1 ounce)	Unavailable
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	100
💪 Professional Leverage
100	Unavailable
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	No
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
No	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	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
None	Fixed 0.1% trade value fee for spot trades.
Spreads
📈 EUR/USD
Dynamic - From 0.6 Pips	Unavailable
📉 SP500
Dynamic - From 50 Pips	Unavailable
📈 GOLD
Dynamic - From 40 Pips	Unavailable
📉 TSLA (Stock CFD)
Dynamic - From $2	Unavailable
📈 XLK (ETF - CFD)
Dynamic - From $0.1 to 0.3	Unavailable
📉 BTC
Dynamic - From $125	Dynamic - From $1
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
No	No
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
Yes	Yes
📡 Account Management
No	No
📡 Webinars
Yes	No