FXPesa vs Binance
FXPesa | Binance |
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1.5
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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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FXPesa offers forex and CFD trading from its headquarters in Kenya. |
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. |
Bonus Offer | |
30% deposit bonus up to $150 | |
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." | |
Pros | |
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Cons | |
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Instruments | |
CFDs, Forex, Stocks, Commodities | Cryptos |
Demo Account | |
Yes | No |
Minimum Deposit | |
$5 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$0 | $10 |
Regulator | |
CMA | |
Margin Trading | |
Yes | 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 | |
Yes | Yes |
Mobile Apps | |
MT4, FXPesa Trader | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
MT4 | |
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 | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade leveraged CFDs on popular financial assets, including indices and commodities. | CFD trading not offered |
Leverage | |
1:400 | |
FTSE Spread | |
From 0.7 pips | |
GBPUSD Spread | |
From 0.2 pips | |
Oil Spread | |
From 0.028 pips | |
Stocks Spread | |
Not Available | |
Forex Trading | |
FXPesa offers 66 currency pairs, including all majors, plus a selection of minors and exotics. | Forex trading not offered |
GBPUSD Spread | |
From 0.2 pips | |
EURUSD Spread | |
From 0 pips | |
EURGBP Spread | |
From 0.2 pips | |
Assets | |
66 | |
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 | |
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Crypto Lending | |
No | Yes |
Crypto Mining | |
No | No |
Crypto Staking | |
No | Yes |
Auto Market Maker | |
No | No |
More Comparisons | |
FXPesa vs |
Binance vs |