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 vs Binance Comparison Table 2024
FairMarkets Binance
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3.5
FairMarkets is ranked #96 among CFD brokers. Binance is ranked #82 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
  • Demo account
  • MT4 integration
  • Low minimum deposit
  • Good execution speed
  • Full range of investments
  • Over 350 crypto tokens are available with big names like Bitcoin and Ethereum
  • Crypto derivatives are offered including options and futures
  • Trade popular cryptos with high leverage up to 1:125
  • Binance Academy is a great resource for beginners
  • The account opening process is straightforward
  • There are no fees on fiat and crypto deposits
  • 24/7 support is available via live chat
Cons
  • No copy trading
  • No contact support number
  • Some regulatory investigations
  • The crypto exchange has been hacked
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

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
rating empty
rating empty
Android App Rating
rating empty
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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
  • USD
  • AUD
  • UAH
Commodities
  • Gold
  • Silver
  • Oil
  • Platinum
  • Natural Gas
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
  • BTC
  • ETH
  • LTC
  • DOGE
  • VET
  • USDT
  • BTC
  • BNB
  • ETH
  • VTHO
  • ADA
  • ONE
  • SOL
  • NEO
  • LINK
  • XLM
  • NANO
  • LTC
  • BUSD
  • HBAR
  • ALGO
  • MANA
  • ZIL
  • ENJ
  • BCH
  • MATIC
  • EGLD
  • HNT
  • EOS
  • QTUM
  • RVN
  • DAI
  • IOTA
  • ONT
  • STORJ
  • UNI
  • ETC
  • BAND
  • OMG
  • XTZ
  • USDC
  • ATOM
  • DASH
  • ICX
  • BAT
  • MKR
  • OXT
  • ZEC
  • ZEN
  • ZRX
  • COMP
  • WAVES
  • KNC
  • REP
  • PAXG
  • FIL
  • WBTC
  • THETA
  • SHIB
Crypto Lending
No Yes
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
No No
FairMarkets Binance
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