InvestEngine vs Binance

InvestEngine or Binance – which is better for UK traders 2024? Compare InvestEngine and Binance in this detailed breakdown of their platforms, features and fees.

InvestEngine vs Binance Comparison Table 2024
InvestEngine Binance
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rating full
3
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3.5
InvestEngine is ranked #118 among UK brokers. Binance is ranked #83 among crypto brokers.
Review
Review
InvestEngine was founded in 2019 by the founders and CEOs of Gumtree and Ramsey Crookall, a successful independent wealth management firm. The company is regulated in the UK by the FCA and has planted itself as a strong competitor within the retail stock trading space, offering managed and DIY investment portfolios and access to more than 550 global ETFs.
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
  • We were impressed by the company's provision of analytics reports and strategy advice, as well as top product picks and a detailed blog
  • Hands-on investors can benefit from completely free access to InvestEngine's services, only paying for any dealing charges
  • We think the firm's investment platform is intuitive and impressive, making the whole experience simple and stress-free
  • InvestEngine clients have a wide choice of investment and savings accounts to tailor solutions to their goals
  • Managed portfolios provide professional advice and expert picks for a commission of only 0.25%
  • 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
  • Any clients looking for long-term gains from individual company stock investments must look elsewhere as InvestEngine limits its products to ETFs
  • Despite offering several account types, the firm does not support Lifetime ISAs or Self Invested Pension Pots (SIPPs)
  • No tiered services for high-net-worth investors
  • No contact support number
  • Some regulatory investigations
  • The crypto exchange has been hacked
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
ETFs Cryptos
Demo Account
No No
Minimum Deposit
£100 $0
Payment Methods
Minimum Trade
$1 $10
Regulator
FCA
Mobile Apps
iOS & Android Yes
iOS App Rating
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Android App Rating
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Margin Trading
No Yes
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No 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
Yes No
Robo Advisor
Yes No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No Yes
Spot Trading
Yes Yes
Auto Trading
Yes
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • GBP
  • UAH
Commodities
  • Gold
  • Oil
  • Silver
Cryptocurrency
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
Variable fees with account tiers
Coins
  • 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
InvestEngine Binance
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