Pacific Union vs Binance

PU Prime vs Binance Comparison Table 2024
PU Prime	Binance
Review 4.2	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.

Pacific Union Prime is an FSCA and offshore-regulated multi-asset broker offering competitive fees and direct market access on forex, commodities, stocks, bonds and indices. The broker supports the popular MetaTrader 4 and MetaTrader 5 platforms and a proprietary mobile app. Fees vary by account type with no commission and spreads from 1.9 pips on the Standard account and $7 commission per lot and spreads from 0.4 pips on the Prime account.	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
$50 No Deposit Bonus
Promotions
PU Prime: Claim A 50% Bonus Up To $10,000
Comment by Reviewer
"PU Prime will appeal to traders seeking high leverage and low fees in a direct-to-market trading environment."	"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
Industry-recognized MT4 and MT5 platforms and mobile apps Good range of assets with nearly 1000 instruments over six asset classes Competitive fees with the Prime account spreads starting at 0.4 with a $7 commission Safeguards clients with segregated funds and negative balance protection PU Social app with copy trading capabilities Demo account with virtual funds Swap-free Islamic account Multilingual customer service	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
No tier 1 regulatory oversight Relatively high $40 minimum withdrawal and handling fee for withdrawals under $100 Standard account spreads are mediocre	No contact support number Some regulatory investigations The crypto exchange has been hacked
Instruments
Forex, Commodities, Cryptocurrencies, Stocks, Indices	Cryptos
Demo Account
Yes	No
Minimum Deposit
$50	$0
Trading Platforms
MT4 MT5	AlgoTrader
Payment Methods
AstroPay Bitwallet Credit Card Debit Card FasaPay Mastercard UnionPay Visa 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
0.01 Lots	$10
Regulator
FSA (Financial Services Authority of Seychelles), FSCA (Financial Sector Conduct Authority), SVGFSA (Financial Services Authority St Vincent & The Grenadines)
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	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
iOS & Android	Yes
Copy Trading
Yes	No
Copy Trading Platform
PU Social enables clients to mirror the positions and strategies of expert traders. The app is available on iOS and Android devices and features a social investing network with thousands of traders.
Social Trading
Yes	No
Trade Signals
None
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
USD EUR GBP CAD AUD NZD JPY HKD SGD	UAH
Stock Exchanges
Dow Jones New York Stock Exchange
Commodities
Cocoa Coffee Copper Corn Cotton Gold Natural Gas Oil Orange Juice Silver Soybeans Sugar Wheat
CFD Trading
PU Prime offers CFD trading on hundreds of shares, as well as indices, commodities, bonds and cryptocurrencies. The leverage available varies by asset, and spreads also vary greatly between instruments and account types with the tightest near zero and the widest in the hundreds of pips. Stock, index, commodity and bond CFDs are traded on the leading MT4 platform.	CFD trading not offered
Leverage
1:500
FTSE Spread
Not Available
GBPUSD Spread
From 0.5 pips
Oil Spread
From 1.6 pips
Stocks Spread
Variable
Forex Trading
PU Prime clients can trade 40+ forex pairs via the MT4 and MT5 platforms with dynamic leverage up to 1:500. Spreads start from near zero on Prime accounts, which also charge a $7 commission per lot, and a zero-commission Standard account with wider spreads is also available.	Forex trading not offered
GBPUSD Spread
From 0.5 pips
EURUSD Spread
From 0.2 pips
EURGBP Spread
From 0.4 pips
Assets
800+
Cryptocurrency
Pacific Union offers leveraged cryptocurrency trading against the US Dollar. Spreads are tight and updated in real-time. Traders can analyze crypto markets using powerful trading software.	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
From 0.7 pips	Variable fees with account tiers
Coins
BTC BCH ETH LTC EOS XLM	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

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