Freetrade vs Binance

Freetrade vs Binance Comparison Table 2024
Freetrade	Binance
Review 3.5	Review 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.

Freetrade is a London-headquartered investing platform that offers zero-commission trading on thousands of UK, European and US stocks and ETFs through a beginner-friendly platform. Open a standard investment account, a self-invested pension or a stocks and shares ISA and start building a portfolio from as little as £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.
Comment by Reviewer
"Freetrade provides a simple and affordable way for casual investors to build a diverse portfolio of 6000+ US, UK and European stocks with zero commissions."	"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."
Pros
FCA-regulated brand with FSCS cover for investors Thousands of US and UK stocks and hundreds of ETFs to choose from Very competitive pricing vs competitors with low fees and zero commissions Earn interest on uninvested cash with competitive rates Transfer/move ISAs from other accounts News and blog feed updated regularly Built-in customer support via live chat Fast revenue withdrawals Dividends on stocks	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
Competitors have larger selection of assets Trading platform lacks deep analytical tools Less suitable for active, high-volume traders Many countries not accepted No leveraged trading No demo account	No contact support number Some regulatory investigations The crypto exchange has been hacked
Awards
Best Online Trading Platform 2020 - British Bank Awards Best Share Trading Platform 2019 - British Bank Awards People’s Choice 2019 - Good Money Guide Best New Investment Service 2019 - Consumer Investment Awards
Instruments
Stocks, ETFs	Cryptos
Demo Account
No	No
Minimum Deposit
$0	$0
Trading Platforms
Own	AlgoTrader
Payment Methods
Apple Pay Wire Transfer	ACH Transfer ADVcash Apple Pay AstroPay Banxa Bitcoin Payments Credit Card Etana Ethereum Payments Flutterwave Google Wallet Mastercard Paybis PayID PIX Payment Samsung Pay Simplex Vietcombank Transfer Visa Wire Transfer
Minimum Trade
£2	$10
Regulator
FCA
Margin Trading
No	Yes
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
No	Yes
Mobile Apps
Yes	Yes
Android App Rating
4.3
iOS App Rating
4.3
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
	UAH
Cryptocurrency
Crypto trading not offered	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

Review	Review
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