Binance vs XTrade
| Binance | XTrade |
|---|---|
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.
|
1.9
|
|
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. |
Established for over 10 years, XTrade has been providing forex and CFD trading services to clients in over 25 countries. Registered in Belize, this brokerage aims to offer cutting edge technology with its proprietary trading platform, plus reliable 24/5 customer support and robust account security. |
| Customer Reviews | |
|
4.7
Based on 3 XTrade customer reviews
|
|
| 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." | "XTrade is a good option for experienced traders looking for strong market access, including bonds, cryptocurrencies and cannabis stocks. It will also serve traders looking for high leverage up to 1:400." |
| Pros | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| Instruments | |
| Cryptos | Forex, CFDs, indices, shares, commodities |
| Demo Account | |
| No | Yes |
| Minimum Deposit | |
| $0 | $250 |
| Trading Platforms | |
|
|
| Payment Methods | |
| Minimum Trade | |
| $10 | 0.01 Lots |
| Regulator | |
| CySEC, IFSC | |
| Margin Trading | |
| 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 | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| Yes | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| 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 | |
| No | No |
| Account Currencies | |
|
|
| Commodities | |
| CFD Trading | |
| CFD trading not offered | Trade CFDs across a broad range of markets including indices, commodities, and bonds. You can also take advantage of the platform's integrated signals service, although the lack of additional platforms is limiting. |
| Leverage | |
| 1:400 | |
| FTSE Spread | |
| 5 pts | |
| GBPUSD Spread | |
| 2.5-5 pips | |
| Oil Spread | |
| 5 pips | |
| Stocks Spread | |
| Variable | |
| Forex Trading | |
| Forex trading not offered | XTrade offers a strong range of 56 forex pairs, however spreads are not very competitive, starting from 1.7 pips on the EUR/USD. The in-house platform also doesn't rival MetaTrader 4. |
| GBPUSD Spread | |
| 2.5-5 pips | |
| EURUSD Spread | |
| 1.7-5 pips | |
| EURGBP Spread | |
| 3-5 pips | |
| Assets | |
| 56 | |
| 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 | |
|
|
| Crypto Lending | |
| Yes | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| Yes | No |
| Auto Market Maker | |
| No | No |
|
|
|
| More Comparisons | |
|
Binance vs |
XTrade vs |