Valutrades Vs. Binance - Compare and Choose the Right One


Visit 66% of retail CFD accounts lose money.	Visit Investing in cryptocurrencies involves risk.
Overview
Established in 2012, Valutrades offers 70 plus currencies pairs, commodities and indices trading for beginner and advanced traders through its MT4, MT5 and ECN accounts. It doesn’t offer equities 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
Currency traders looking for an ECN broker Professional currency traders looking for an API offering Traders looking for a narrow range of commodities, cryptocurrencies	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 1 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
FSAS (Seychelles) FCA (UK)	None, not required at the moment.
The Good
Scalping is allowed (great for professional traders) Competitive commissions of $3 per lot round turn Access to ECN or DMA 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
Asset offering is poor (only 80 instruments and no stocks or ETFs) Doesn’t have its on trading application	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 documents (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
2012	2017
💳 Minimum Deposit
0	0
💰 Payment Methods
Visa Mastercard Maestro American Express AstroPay Diners SticPay PayPal Skrill Neteller e-wallets Wire transfers Giropay iDEAL JCB Klarna POLiPaysafecard Przelwy24 Rapid Transfer AliPay	All supported cryptocurrencies Bank transfers Visa Mastercard
💵 Account Base Currencies
13 - AUD, CAD, CHF, EUR, GBP, HKD, JPY, NOK, NZD,SGD, SEK, USD, ZAR	All supported cryptocurrencies.
🗽 Available to U.S Citizens
No	Yes (excluding few states)
❌ Restricted Countries
US, IR, SY	None
📊 STP Account
No	No
📊 DMA Account
Yes	No
📊 ECN Account
Yes	No
Assets
📚 Available Assets
CFDs on currencies, commodities, indices and cryptocurrencies	More than 700+ real cryptocurrencies A wide selection of derivatives based on real cryptocurrencies such as futures, vanilla options, etc.
📙 Stocks
N/A	N/A
📘 Currency Pairs
73	N/A
📗 Commodities
5	N/A
📕 Indices
25	N/A
📔 ETFs
N/A	N/A
💸 Cryptocurrencies
4	700+
📒 Bonds
N/A	N/A
📓 Options
N/A	N/A
📗 Futures
46	N/A
📝 Notes:
All of Valutrades assets are CFDs.	Binance specialises in real cryptocurrencies and tokenised derivatives based on their own cryptocurrency offering.
Trading Experience
📈 Minimum Stock Trade Size
N/A	N/A
📉 Minimum ETFs Trade Size
N/A	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
Varies per commodity (eg: 0.01 Contracts 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
No	Yes
🎓 Demo Account
Yes	No
📱 IOS App
No	Yes
📱 Android App
No	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	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
Three free withdrawals a month, then 5% processing fee	No
💰 Commissions
Yes (Eg: Forex commission of $3 per side with ECN account)	Binance charges a fixed 0.1% trade value fee for spot trades.
Spreads
📈 EUR/USD
Dynamic - From 0.1 Pips	N/A
📉 SP500
Dynamic - From 34 Pips	N/A
📈 GOLD
Dynamic - From 22 Pips	N/A
📉 TSLA (Stock CFD)
N/A	N/A
📈 XLK (ETF - CFD)
N/A	N/A
📉 BTC
Dynamic - From $90	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