Trading 212
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74-89% of retail CFD accounts lose money.

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Binance
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Investing in cryptocurrencies involves risk.

Trading 212 Vs. Binance - Compare and Choose the Right One

Updated Jan 09 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

Investing in cryptocurrencies involves risk.

Overview

Trading 212 is a global broker headquartered in the U.K specialising in real stocks and ETFs investing along with CFD trading.

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
  • Passive investors looking to buy stocks or ETFs with their investing account
  • Traders of all levels of experience looking to trade CFDs on shares
  • Avid cryptocurrency traders and investors from intermediate to expert levels
  • Day traders looking for a high liquidity exchange with competitive fees
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The Good
  • Broad asset offering in their investing account (more than 10,000 assets)
  • Friendly, smooth and simple proprietary platforms (both web and mobile)
  • Great spreads on stocks and no commissions on investing accounts
  • 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
  • Despite both platforms being beautiful, they are gamified for engagement. Clicking on the buy button on mobile platform will trigger a random order without asking for confirmation
  • Asides from stocks, their asset offering lacks variety
  • Very high forex spreads (1.4 Pips on EUR/USD)
  • 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
N/A N/A
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.

🏛 Financial Regulators
  • FCA (UK)
  • CySec (Cyprus)
  • FSC (Bulgaria)

None, not required at the moment.

📍 Year Founded
2004 2017
💳 Minimum Deposit
1 to 10 €, £ 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Neteller
  • Skrill
  • iDeal
  • Apple Pay
  • All supported cryptocurrencies
  • Bank transfers
  • Visa
  • Mastercard
💵 Account Base Currencies
9 - USD, EUR, GBP, RON, PLN, CHF, SEK, NOK, CZK. All supported cryptocurrencies.
🗽 Available to U.S Citizens
No Yes (excluding few states)
❌ Restricted Countries
US, CA. None
📊 STP Account
No No
📊 DMA Account
Yes No
📊 ECN Account
No No
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities and indices.
  • More than 700+ real cryptocurrencies
  • A wide selection of derivatives based on real cryptocurrencies such as futures, vanilla options, etc.
📙 Stocks
10,000+ Real stocks / 1,526 CFDs N/A
📘 Currency Pairs
179 N/A
📗 Commodities
25 N/A
📕 Indices
35 N/A
📔 ETFs
1,800 Real ETFs / 50 CFDs N/A
💸 Cryptocurrencies
N/A 700+
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:

Trading 212 provides 2 different accounts: Stock investing where users can buy real stocks or ETFs and CFD accounts.

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

Trading Experience
📈 Minimum Stock Trade Size
Fractional Share trading - 0.1 Units of a share N/A
📉 Minimum ETFs Trade Size
Fractional ETF trading - 0.1 Units of an ETF N/A
📈 Minimum Crypto Trade Size
N/A $10
📉 Minimum FX Trade Size
$500 N/A
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounce of Gold) N/A
📉 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 1:30 Up to 1:20
💪 Professional Leverage
Up to 1:500 N/A
✍ Customisable Leverage
No N/A
🎲 Deleveraged Trading
Yes (Investing Account) Yes
🎓 Demo Account
Yes No
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No 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
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
No No
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions
No

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

Spreads
📈 EUR/USD
Dynamic - From 1.4 Pips N/A
📉 SP500
Dynamic - From 166 Pips N/A
📈 GOLD
Dynamic - From 30 Pips N/A
📉 TSLA (Stock CFD)
Dynamic - Dynamic - From $0.6 N/A
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
N/A Dynamic - From $1
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes No
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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