Triumph FX vs Binance

Triumph FX vs Binance Comparison Table 2024
Triumph FX Binance
1.8
3.5

Binance is #30 in our crypto broker rankings.

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.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Triumph FX offers fixed and floating spread accounts with copy trading, MT4 downloads, and high leverage.

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
"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
  • Demo account
  • MT4 integration
  • Copy trading
  • Low minimum deposit
  • 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
  • Weak regulatory oversight
  • No contact support number
  • Some regulatory investigations
  • The crypto exchange has been hacked
Awards
  • The Best Forex Broker 2021
  • Best Trading Platform 2021
  • Fastest Growing Broker 2021
Instruments
CFDs, Commodities, Forex, Indices Cryptos
Demo Account
Yes No
Minimum Deposit
$100 $0
Trading Platforms
  • MT4
  • AlgoTrader
Payment Methods
Minimum Trade
0.01 Lots $10
Regulator
FSA
Margin Trading
Yes Yes
STP Account
Yes 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
Yes No
Market Maker
No No
P2P Trading
No Yes
Spot Trading
No Yes
Mobile Apps
Android Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
Triumph FX offers a community trading platform. The minimum deposit is $100 and users can retain 70% of profits when copying master traders.
Social Trading
Yes 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
  • USD
  • EUR
  • GBP
  • UAH
Stock Exchanges
Commodities
CFD Trading
Trade CFDs with flexible leverage and multiple accounts and pricing models. CFD trading not offered
Leverage
1:500
FTSE Spread
NA
GBPUSD Spread
From 1.6 pips (Standard Account)
Oil Spread
From 1.6 pips (Standard Account)
Stocks Spread
NA
Forex Trading
Trade currencies with a choice of fixed or floating spreads. Forex trading not offered
GBPUSD Spread
From 1.6 pips (Standard Account)
EURUSD Spread
From 1.6 pips (Standard Account)
EURGBP Spread
From 1.6 pips (Standard Account)
Assets
60
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
More Comparisons
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