StormGain vs Binance

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

StormGain vs Binance Comparison Table 2024
StormGain Binance
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3.9
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3.5
StormGain is ranked #83 among crypto brokers. Binance is ranked #83 among crypto brokers.
Review
Review
StormGain has closed or no longer accepts UK clients.
StormGain is a comprehensive crypto platform that allows clients to trade crypto derivatives, store them in a wallet, mine new tokens and access DeFi capabilities such as staking. The focus is on trading crypto futures, which takes place through proprietary software with integreated trading signals and a suite of educational software. The platform also supports trading on 'tokenized assets' – smart contracts based on gold and silver price movements – and crypto options.
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
  • Offers highly leveraged trading on 60+ crypto futures as well as indices, options and some spot cryptos
  • Interesting instruments including crypto indices and tokenized gold and silver
  • Easy-to-use proprietary platform allows users of all experience levels to start trading crypto derivatives quickly
  • Leverage up to 1:300 is very high and will suit experienced traders with a high risk appetite
  • Good educational section with plenty of material for intermediate and experienced traders as well as beginners
  • Tier-based account types with some decent mining rewards for high-volume traders
  • 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
  • Few futures compared to many similar competitors in the crypto sphere, such as Coinbase, Kraken and Binance, which offer hundreds
  • Only supports direct purchase of nine cryptocurrencies, which is very few compared to Coinbase and others
  • Traders can only fund accounts by transferring crypto or buying it with a pricey card transaction
  • Limited platform with no automated trading bots or copy trading
  • Maker/taker fees are more than double some top rivals like Kraken
  • Unregulated firm that has only been in business since 2019
  • Poor selection of research materials compared to rivals like Coinbase that regularly update with expert analysis
  • No contact support number
  • Some regulatory investigations
  • The crypto exchange has been hacked
Awards
  • Most Trusted Crypto Broker 2023 – World Finance
  • Crypto Trading Platform of 2022 – AIBC
  • Best Crypto Broker 2022 - World Finance
  • Best Crypto Broker of 2021 – World Finance
  • Best Crypto Broker of 2021 – UF
FCA Regulated
No No

List of FCA Regulated Brokers

Instruments
Cryptocurrency Cryptos
Demo Account
Yes No
Minimum Deposit
$50 $0
Payment Methods
Minimum Trade
$10 $10
Mobile Apps
iOS & Android Yes
iOS App Rating
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Android App Rating
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Margin Trading
Yes 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
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No Yes
Spot Trading
Yes Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Account Currencies
  • USD
  • UAH
Commodities
  • Gold
  • Silver
Cryptocurrency
StormGain is a crypto platform that allows clients to trade crypto derivatives, store them in a wallet, mine new tokens and access DeFi capabilities such as staking. The focus is on trading crypto futures, which takes place through proprietary software with integreated trading signals and a suite of educational software. The platform also supports trading on 'tokenized assets' – smart contracts based on gold and silver price movements – and crypto options. 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
  • BTC
  • BCH
  • LTC
  • ETH
  • XRP
  • USDT
  • DOGE
  • ADA
  • XLM
  • LNK
  • ZTZ
  • VET
  • EGLD
  • BNB
  • AAVE
  • CHZ
  • CAKE
  • ENJ
  • UNI
  • DOT
  • ZEC
  • EOS
  • NEO
  • IOT
  • TRX
  • XMR
  • DASH
  • BSV
  • SHIB
  • ICP
  • ALGO
  • ATM
  • AVAX
  • AXS
  • BTG
  • COMP
  • FIL
  • LUNA
  • MATIC
  • MKR
  • OMG
  • QNT
  • QTM
  • ROSE
  • RUNE
  • SNX
  • SOL
  • SUSHI
  • THETA
  • UMA
  • XEM
  • YFI
  • ZRX
  • APE
  • DAI
  • USDC
  • MANA
  • GMT
  • 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
Yes No
Crypto Staking
Yes Yes
Auto Market Maker
No No
StormGain Binance
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