FairMarkets vs Binance
FairMarkets or Binance – which is better for UK traders 2024? Compare FairMarkets and Binance in this detailed breakdown of their platforms, features and fees.
FairMarkets | Binance |
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FairMarkets is ranked #91 among CFD brokers. | Binance is ranked #75 among crypto brokers. |
FairMarkets is a multi-regulated trading broker with MT4 and MT5. Low fees, flexible leverage and analysis from Trading Central make it a solid all-round broker. |
Binance is being sued by the SEC for a range of securities violations, including the commingling of client funds and 'wash trading' against its customers to artificially increase crypto prices. Your funds may be at risk if you trade with Binance. We do not recommend making any deposits.
Binance is one of the best-known crypto exchanges. The company is available in more than 180 countries with over 120 million registered customers. The platform offers a suite of crypto trading products, from staking and NFTs to derivatives. |
Pros | |
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Cons | |
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FCA Regulated | |
No | No |
Instruments | |
CFDs, Stocks, Forex, Commodities, Indices, Cryptocurrencies | Cryptos |
Demo Account | |
Yes | No |
Minimum Deposit | |
$0 | $0 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | $10 |
Regulator | |
ASIC, FSC | |
Mobile Apps | |
iOS & Android | Yes |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
Yes | No |
MetaTrader 5 | |
Yes | No |
cTrader | |
No | No |
AlgoTrader | |
No | Yes |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
Yes | No |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
Yes | No |
P2P Trading | |
No | Yes |
Spot Trading | |
Yes | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | |
Islamic Account | |
No | No |
Account Currencies | |
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Commodities | |
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CFD | |
Use leveraged CFDs to go long or short on a range of financial markets with low fees. | |
Leverage | |
1:30 (Aussie Retail), 1:500 (Aussie Pro), 1:1000 (Global) | |
FTSE Spread | |
1.2 | |
GBPUSD Spread< | |
0.4 | |
Oil Spread | |
0.3 | |
Stocks Spread | |
Variable | |
Forex | |
Trade popular currency pairs with tight spreads and competitive commissions. | |
Assets | |
40+ | |
GBPUSD Spread | |
0.4 | |
EURUSD Spread | |
0.3 | |
EURGBP Spread | |
0.8 | |
Cryptocurrency | |
Trade Bitcoin and other key cryptos against the USD with 1:2 leverage. | Binance is one of the world's largest crypto exchanges. There is a vast range of products available including Binance Pool, Staking and an NFT Marketplace. |
Spread | |
From 20.0 | Variable fees with account tiers |
Coins | |
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Crypto Lending | |
No | Yes |
Crypto Mining | |
No | No |
Crypto Staking | |
No | Yes |
Auto Market Maker | |
No | No |
FairMarkets | Binance |
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