Binance vs TradeStation
| Binance | TradeStation |
|---|---|
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.
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3.5
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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. |
TradeStation is a popular, SEC-regulated broker offering stock, CFD and futures trading through powerful proprietary trading platforms. Available assets vary by region, with CFD trading available on the global branch. The US-based broker has different pricing methods split to cater for active day traders, or longer term stock holders. |
| 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." | "TradeStation is a secure, tried-and-tested broker for stock traders who want a powerful, flexible platform. The $500 minimum deposit makes this broker a better fit for experienced traders." |
| Pros | |
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| Cons | |
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| Instruments | |
| Cryptos | CFDs, Forex, Stocks, Futures, Commodities |
| Demo Account | |
| No | Yes |
| Minimum Deposit | |
| $0 | $500 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $10 | Min lot size will vary |
| Regulator | |
| SEC | |
| Margin Trading | |
| Yes | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | Yes |
| 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 | |
| Yes | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| Yes | iOS, Android and Windows |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| 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 | |
| No | No |
| Account Currencies | |
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| Commodities | |
| CFD Trading | |
| CFD trading not offered | Trade CFDs on popular asset classes, including forex and stocks. FX CFD commissions are competitive at 0.6 basis points while for shares it's a minimum of $3 per order. |
| Leverage | |
| 1:20 | |
| FTSE Spread | |
| N/A | |
| GBPUSD Spread | |
| N/A | |
| Oil Spread | |
| 0.06 pips | |
| Stocks Spread | |
| 0.2% Var | |
| Forex Trading | |
| Forex trading not offered | Speculate on 26 currencies including majors. Top-tier liquidity is available from 17 of the biggest forex dealing banks, alongside dynamic order management and low commissions. |
| GBPUSD Spread | |
| Variable | |
| EURUSD Spread | |
| Variable | |
| EURGBP Spread | |
| Variable | |
| Assets | |
| 26 | |
| 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. | Crypto trading not offered |
| Spread | |
| Variable fees with account tiers | |
| Coins | |
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| Crypto Lending | |
| Yes | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| Yes | Yes |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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Binance vs |
TradeStation vs |