Binance Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If Binance does not match your requirements we explain the top Binance alternatives and Binance competitors in this guide.
The best alternative for Binance is IC Markets or Roboforex.
When searching for a Binance alternative, there are a few things you need to check. The Binance trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top Binance alternatives and competitors feature by feature further below this Binance alternatives guide.
If you are looking for a trading platform that offers similar features to Binance or Binance. Or if you are looking for features that Binance does not offer that you require when trading, we will show you the best Binance alternative options below.
We highlight the pros and cons of each Binance alternative. Maybe you are looking for better customer service from a Binance alternative or more competitive Binance fees and more financial instruments to trade.
We have listed some reasons why Binance may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- Binance does not allow hedging (See brokers for Hedging here)
- Binance does not offer negative balance protection (See Binance alternatives who offer negative balance protection here)
- Binance does not offer Guaranteed Stop Loss (See Binance alternatives who offer Guaranteed Stop Loss here)
- Binance does not allow Scalping (See brokers for scalping here)
- ECN accounts are not offered by Binance (Look here for Binance alternatives offering ECN accounts)
- STP accounts are not offered by Binance (Look here for Binance alternatives offering STP accounts)
- Binance does not offer MT4 (See Binance alternatives offering the MT4 trading platform here)
- MT5 is not offered by Binance (find Binance alternatives that offer the MT5 trading platform here)
- cTrader is not offered by Binance (find Binance alternatives offering the cTrader trading platform here)
- Binance does not offer Micro accounts (Check here for Binance alternatives offering micro accounts)
- Binance does not offer VIP accounts (Check here for Binance alternatives offering VIP accounts)
- Binance does not offer Islamic accounts (Check here for Binance alternatives offering Islamic accounts)
- Binance have inactivity fees (See Binance alternatives who don’t have inactivity fees here)
- Binance have withdrawal fees (See Binance alternatives who don’t have withdrawal fees here)
- Binance have deposit fees (See Binance alternatives who don’t have deposit fees here)
Top Binance Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | Apple App iOS, Android Google Play, MacOS, Windows, Linux, Desktop | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 Instruments Available | 500 | 2250 | 12000 |
| 📈 Stocks Offered | 2100 | 0 | |
| 💎 Crypto | Yes | Yes | No |
| 💹 Forex Pairs | 61 | 35 | |
| 📈 Commodities | 0 | 20 | 21 |
| 💰 Min Deposit | 0 | 200 | 10 |
| 👱♂️ Used By | 200,000,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 2011 | 2007 | 2009 |
| 👮♂️ Regulation | AMF (Autorité des Marchés Financiers, France) (E2022-037), OAM (Organismo Agenti e Mediatori, Italy) (PSV5), FIU (Financial Intelligence Unit, Lithuania) (305595206), Bank of Spain (D661), Polish Tax Administration (RDWW – 465), SFSA (Swedish Financial Supervisory Authority) (66822), AFSA (Astana Financial Services Authority, Kazakhstan), FSR (Financial Services Regulatory Authority, Abu Dhabi), CBB (Central Bank of Bahrain), VARA (Dubai Virtual Asset Regulatory Authority), AUSTRAC (Australian Transaction Reports and Analysis Centre) (100576141-001), FIU-IND (Financial Intelligence Unit - India), Bappebti (Indonesia) (001/BAPPEBTI/CP-AK/11/2019), JFSA (Japan Financial Services Agency) (Kanto Local Finance Bureau 00031), FSP (New Zealand Financial Service Providers Register) (FSP1003864), SEC (Securities and Exchange Commission, Thailand), SAT (Tax Administration Service, Mexico), CNAD (Comisión Nacional De Activos Digitales, El Salvador) (PSDA/001-2003), FSCA (Financial Sector Conduct Authority, South Africa) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | Australia | Australia | Belize |
| 🚫 Excluded Countries | RU | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature Binance alternative comparison, you can scroll further down here.
