Binance vs Exness

Binance vs Exness Comparison Table 2024
Binance Exness
3.5
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.
4.2

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.

Exness is a Cyprus-based forex and CFD brokerage established in 2008. With over 260,000 clients, several awards and reputable licensing, the broker has maintained its position as a highly respected global brand. Active day traders can access the popular MT4 and MT5 platforms, raw spreads and multiple account types.

Customer Reviews
4
Comment by Reviewer
"Binance will appeal to crypto investors looking to trade big tokens like Bitcoin plus niche coins with low fees. However, regulatory action and questionable handling of customer funds makes this firm too high-risk in our opinion." "Exness remains an accessible broker for all experience levels, though experienced day traders will particularly appreciate the ultra-low commission rates, fast withdrawals and high-quality charting software."
Pros
  • 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
  • The broker is accessible for beginners with low minimum deposits from $10 and flexible payment methods
  • Experienced strategy providers can open social trading accounts, with monthly commissions up to 50%
  • There's a strong range of account types for all experience levels and requirements, including Cent, Pro and Raw spread solutions
  • Top-tier licensing with the FCA and CySEC and a strong reputation with over 10 years in business
  • Exness is the first brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes
  • Highly competitive spreads are available from 0.1 pips and low commissions from $3.50 per side
  • There's excellent 24/7 multilingual customer support via telephone, email and live chat
  • Local payments are available, plus deposits in BTC and USDT
  • Unlike many other brands, Exness doesn't charge any account maintenance or inactivity fees
  • The broker offers fast execution speeds for short-term traders, averaging under 25ms
Cons
  • No contact support number
  • Some regulatory investigations
  • The crypto exchange has been hacked
  • There are no promotional deals or loyalty schemes for high-volume day traders
  • There are several regional restrictions for retail traders including the USA, Europe and the UK
  • Unlike most competitors, Exness doesn't provide its own education section
Awards
  • Most People-Centric Broker at Traders Summit 2022
  • Global Broker of the Year at Traders Summit 2022
  • Best Customer Support Award at Financial Markets Expo Cairo 2021
  • Premium Loyalty Program Award at Financial Markets Expo Cairo 2021
  • Most Innovative Broker at Dubai Expo 2021
Instruments
Cryptos CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
No Yes
Minimum Deposit
$0 $10
Trading Platforms
  • AlgoTrader
  • Exness Trade App
  • MT4
  • MT5
  • TradingCentral
Payment Methods
Minimum Trade
$10 0.01 Lots
Regulator
FSA, CySEC, FCA, FSCA, FSC, CBCS
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No Yes
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 Yes
Market Maker
No No
P2P Trading
Yes No
Spot Trading
Yes Yes
Mobile Apps
Yes iOS & Android
Android App Rating
4.3
iOS App Rating
4.4
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No Yes
VPS Hosting
No Yes
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 Yes
Account Currencies
  • UAH
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • INR
  • JPY
  • ZAR
  • MYR
  • IDR
  • DKK
  • CHF
  • HKD
  • SGD
  • AED
  • SAR
  • HUF
  • NGN
  • THB
  • VND
  • UAH
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Exness offers a selection of CFDs covering forex, stocks, indices, commodities and cryptos, with leverage up to 1:200. Accounts are geared mainly towards experienced day traders, with over 100 technical indicators available in the broker’s proprietary terminal.
Leverage
1:2000
FTSE Spread
15.1
GBPUSD Spread
0.1
Oil Spread
1.0
Stocks Spread
0.7
Forex Trading
Forex trading not offered An impressive range of around 100 forex pairs are available, more than most other brands. Spreads on major pairs are also tight, from 0.1 pips. Additionally, the broker offers an excellent suite of forex analysis tools, including market news by FXStreet.
GBPUSD Spread
0.1
EURUSD Spread
0.0
EURGBP Spread
0.4
Assets
97
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. There is a small range of popular crypto tokens paired with fiat currencies available, with zero swap fees and no commissions in the Standard account. Trading is available via desktop or mobile apps, and deposits via crypto are also available in some countries.
Spread
Variable fees with account tiers Floating
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
  • BTC
  • LTC
  • ETH
  • XRP
  • BCH
  • SOL
  • SNX
  • UNI
  • BAT
  • DOT
  • XTZ
  • ADA
  • BNB
  • ENJ
  • FIL
  • DOGE
  • COMP
  • THETA
  • AAVE
  • LINK
  • IOST
  • CAKE
  • MATIC
  • HT
  • MANA
  • HBAR
  • INCH
Crypto Lending
Yes No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
More Comparisons
Binance
vs
Exness
vs