What Binance Does Not Offer and Alternatives For Each
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 that you decide upon needs to offer features and have trading fees that match your investment strategies and trading requirements. We offer a detailed list and examination of all 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 does not offer something 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 dont worry we have compiled a list of the best alternatives further below.
- Binance does not allow hedging (See brokers for Hedging 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)
Top Binance Alternative is IC Markets
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| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | Desktop,Android,iPhone/iPad,Mac | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps |
| 📋 Instruments Available | 52 | 2250 | 100 |
| 📈 Stocks Offerd | 2100 | 0 | |
| 💎 Cryptocurrency | Yes | Yes | No |
| 💹 Forex Pairs | 61 | 35 | |
| 📈 Commodities | 0 | 20 | 21 |
| 💰 Min Deposit | 100 | 200 | 1 |
| 👱♂️ Used By | 10,000+ users | 180,000+ users | 10,000+ users |
| 📆 Founded | 2011 | 2007 | 2009 |
| 👮♂️ Regulation | Unregulated | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) |
| 🌍 HQ | Australia | Australia | Cyprus |
| 🚫 Excluded Countries | RU | US, IR, CA, NZ, JP | US, JP, IR, RU |
| 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.
Binance Alternatives List
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Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
binance alternatives
Binance Summary
- Binance is used by over 10,000+ registered users (Look here for Binance alternatives that are used by more traders)
- Binance has a minimum deposit of $100 (Look here for Binance alternatives that require less minimum deposit)
- Binance has a minimum trade requirement of varies (Look here for Binance alternatives that require a lower minimum trade)
- Binance has a maximum deposit of varies (Look here for Binance alternatives that has a similar or greater maximum trade limit)
- Binance has over 1 awards (Look here for Binance alternatives with more awards)
binance alternatives
Binance Tradable Financial Assets
- Binance offers traders over 52 tradable instruments (Look here for Binance alternatives offering a similar amount or more tradable instruments)
- Binance offers over 0 shares (Look here for Binance alternatives offering more tradable shares)
- Binance does not offer US Shares (Look here for Binance alternatives offering US Stocks and Shares)
- Binance does not offer UK Shares (Look here for Binance alternatives offering UK Stocks and shares)
- Binance does not offer German Shares (Look here for Binance alternatives offering German Stocks and shares)
- Binance does not offer Japanese Shares (Look here for Binance alternatives offering Japanese Stocks and shares)
- Binance does not offer Indices trading (Look here for Binance alternatives offering Indices trading)
- Binance offers 0 commodities (Look here for Binance alternatives offering more tradable commodities)
- Binance does not offer trading in metals (Look here for Binance alternatives offering metal commodities)
- Binance does not offer trading in energy commodities (Look here for Binance alternatives offering energy commodities)
- Binance does not offer trading in agricultural commodities (Look here for Binance alternatives offering agricultural commodities)
- Binance does not offer trading on the Forex markets (Look here for Binance alternatives offering Forex trading)
- Binance offers Forex Pairs (Look here for Binance alternatives offering a similar amount or more Forex Pairs)
- Binance does not offer trading with Major Forex Pairs (Look here for Binance alternatives offering Major Forex Pairs trading)
- Binance does not offer trading with Minor Forex Pairs (Look here for Binance alternatives offering Minor Forex Pairs trading)
- Binance does not offer trading with Exotic Forex Pairs (Look here for Binance alternatives offering Exotic Forex Pairs trading)
- Binance offers trading in Cryptocurrencies (Look here for Binance alternatives offering cryptocurrency trading)
- Binance does not offer CFD trading (Look here for Binance alternatives offering CFD trading)
- Binance does offer Social Trading (Look here for Binance alternatives offering Social Trading accounts)
binance alternatives
Binance Trading Account Features
- 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 does not offer Demo accounts (Check here for Binance alternatives offering Demo accounts)
- Binance does not offer Spread Betting accounts (Search for Spread Betting brokers here)
- Binance does not allow Scalping (See brokers for scalping here)
binance alternatives
Binance Risk Management Features
- 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 offer limit orders (See Binance alternatives who offer limit orders here)
- Binance does not offer trailing stops (See Binance alternatives who offer trailing stops here)
- Binance does not offer price alerts (See Binance alternatives who offer price alerts here)
binance alternatives
Binance Fees
- Binance does not have inactivity fees (See Binance alternatives who don’t have inactivity fees here)
- Binance does not have withdrawal fees (See Binance alternatives who don’t have withdrawal fees here)
- Binance does not have deposit fees (See Binance alternatives who don’t have deposit fees here)
binance alternatives
Binance Regulation
- Binance are not regulated by the FCA (Financial Conduct Authority) (Look here for Binance alternatives offering FCA regulated brokers)
- Binance are not regulated by CySEC (Cyprus Securities and Exchange Commission) (Look here for Binance alternatives offering CySEC regulated brokers)
- Binance are not regulated by the MiFID (Markets In Financial Instruments Directive) (Look here for Binance alternatives offering MiFID regulated brokers)
- Binance are not regulated by the ASIC (Australian Securities and Investments Commission) (Look here for Binance alternatives offering ASIC regulated brokers)
- Binance are not regulated by the FSCA (Financial Sector Conduct Authority) (Look here for Binance alternatives offering FSCA regulated brokers)
- Binance are not regulated by the DFSA (Dubai Financial Services Authority) (Look here for Binance alternatives offering DFSA regulated brokers)
- Binance are not regulated by the MAS (Monetary Authority of Singapore) (Look here for Binance alternatives offering MAS regulated brokers)
- Binance are not regulated by the FSA (Financial Services Authority) (Look here for Binance alternatives offering FSA regulated brokers)
binance alternatives
Binance Desktop Computer and Mobile Device Support
- Binance Offers an online trading platform available to all desktop and mobile devices with an internet connection. (See Binance alternatives that offer an online trading platform here)
- Binance does not offer a bespoke application for Microsoft Windows Desktop computers (See Binance alternatives that support desktop Windows users here)
- Binance does offer a bespoke application for Apple Mac Desktop computers (See Binance alternatives that support desktop Apple Mac users here)
- Binance does not offer a bespoke application for mobile devices (See Binance alternatives that support mobile device users here)
- Binance does not offer a bespoke application for IOS Devices (See Binance alternatives for IOS users here)
- Binance does not offer a bespoke application for Android Devices (See Binance alternatives for Android users here)
- Binance does offer live chat support (See Binance alternatives that offer live chat support here)
Below is an extensive list of the best alternatives to Binance based on our unique 256 point criteria.
Top alternative for Binance is IC Markets
IC Markets is the best alternative broker to Binance. IC Markets has been in operation for over 12 years.
IC Markets, as a brokerage is regulated. This means IC Markets are supervised by and checked for conduct by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
If Binance or IC Markets are not what you are looking for try Roboforex.
With Binance, Your capital is at risk
With IC Markets, Losses can exceed deposits
With Roboforex, 79% of retail investor accounts lose money when trading CFDs with this provider.
Roboforex, as a brokerage is regulated. This means Roboforex are supervised by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC)
Here are some of the key reasons why traders choose IC Markets and Roboforex over Binance
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IC Markets
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Roboforex
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eToro
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| Brokerage Rating | |||
| Regulator | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) |
| Min Deposit | 200 | 1 | 50 |
| Min Trade | 0.01 Lot | 0.01 Lot | $10 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 79% of retail investor accounts lose money when trading CFDs with this provider. |
| Visit IC Markets | Visit Roboforex | Visit eToro |
If you want to read more about IC Markets, we have put together an in-depth IC Markets review that explores their platform, spreads, and trading conditions in more detail.
If IC Markets does not match your criteria, have a look at the 10 best Binance alternatives below.
