Binance Review: Pros & Cons | 2025 Update
This Binance review has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about Binance to give you the most comprehensive guide available.
Binance is a professional trading partner that was founded in 2017. They have around 3197 employees that help the company provide Bitcoin, Ethereum, Cryptocurrency, Digital Assets Exchange, Financial Services, Blockchain, Payments, Cryptocurrency Exchange, Software, Fintech, Finance, DLT, FinTech, Exchange, Internet, Internet Services, Altcoins, Stock Exchanges, Cryptocurrency Information, Lending and Investments, Trading Platform, to 13500000 clients through Desktop, Android, iPhone/iPad, Mac.
Binance Guide – Read our In-Depth Binance Review
Binance Rating: 5.88 / 10
This Binance review page contains information about investing with Binance. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of Binance does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This Binance review contains the latest details about Binance.
If you are a new entrant in the world of trading online and brokerages, so many nuances will no doubt be perplexing for you. Getting into the area of online trading requires expert analytical skills and thorough understanding. You will get adept at all the concepts of online trading and brokerages while you continue trading. For starters, you have to choose the ideal online trading platform who will constantly be clear with you.
In the fast-paced world of stock markets and trading, you'll need advice to make educated decisions. A professional, direct investment partner could aid you in minimising any potential losses and maximising any returns. Binance is just one such platform that will assist you. It's important to understand all you can about any broker before you trust them with your cash.
When engaging in online trading with platforms such as Binance, it's crucial to thoroughly evaluate Binance as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your Binance investments to thrive. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be vigilant and comprehensive in your Binance broker selection to protect your hard-earned money. Performing your due diligence and researching the reliability of Binance, its track record, and reputation is vital. Moreover, ensure the Binance broker's offerings, trading tools, fees, and regulation align with your requirements.
Remember, Binance should be a supportive ally on your trading journey.
Our team has devoted their efforts to simplify the intricate world of trading with Binance into easily understandable information in this Binance review. Our goal is to equip you with the knowledge necessary to confidently use Binance trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with Binance are the cornerstone of successful trading. As such, we've provided this comprehensive Binance review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about Binance and how it can work to your advantage, or if Binance might not be the right fit for you.
Binance Review for 2025 – Brief Overview
| Binance Telephone: | +1 929 228 3440 |
| Binance Support Email: | support@binance.com |
| Binance Address: | Melita Court Level 3 Triq Giuseppe Cali Ta' Xbiex XBX 1420 Malta |
| Year Founded: | 2017 |
| Regulated By: | Unregulated |
| Hedquarters: | Japan |
| Minimum Deposit: | $100 |
| Number Of Clients: | 13500000 Binance users and traders |
| Binance LinkedIn: | https://www.linkedin.com/company/binance/ |
| Binance Facebook: | https://www.facebook.com/binance |
| Binance Facebook Likes: | 583,214 |
| Binance Twitter: | @binance |
| Binance Twitter Followers: | 4,600,000 |
| Binance Instagram: | https://www.instagram.com/binance |
| Binance Instagram Followers: | 1,600,000 |
| Binance Youtube: | https://www.youtube.com/binanceyoutube |
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Your capital is at risk |
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Our full Binance review for beginners covers everything you will need to know about trading with Binance. A good agent can use your initial investments and help to protect it from losses but also give you a platform that can help to provide you profits. If you want to earn profits, you should trade with a brokerage service that contrasts with your investing objectives.
Of course, there's absolutely no sure-fire way to ensure profits; therefore, you should carefully analyze your agent before you choose them. It's a common misconception that all agents are the same, but that's not true. Wrong judgment, initially, can set your investments at risk.
Binance is a trading partner that has found its way successfully to the brokerage world. In this review, we have attempted to collate some of the important facets of Binance. This guide will help you to understand whether Binance is a good match for your own investments or not. We have tried to breakdown all of the qualities and fees for your advantage.
Who are Binance?
Binance is a online trading broker with its head office in Japan and provides a variety of tools for trading. Since its beginning in 2017 they have emerged as a top-tier player in the field of online trading. Binance has a highly reputable and full-featured trading site that's focused on forex, indices, metals, stocks and commodities.
Over the past 8 years, Binance has grown into one of the top online brokers available to the public.
After being founded in 2017, their client base has become as large as 13500000 clients.
Binance is a favourite for many online traders because of its negative balance protection. Our Binance account review found that they're a professional alternative for online trading solutions. They're most appropriate for investors that are searching for an assortment of assets. Social and easy to use trading options are the core at Binance.
Technology plays a substantial role in Binance. They offers trading on Desktop, Android, iPhone/iPad, Mac. Binance is fair, transparent, and a well-regulated agent by the Unregulated. Their outstanding variety of tools will be beneficial for the majority of traders. Third-party partnerships also supply in-house analysis.
Who Founded Binance?
The founders of Binance are Changpeng Zhao
The creators of Binance are famous for their experience in the world of internet trading. However, there are a lot of other important people at Binance who have a significant contribution to it's success.
The educational department at Binance is very enlightening for new traders as it allows them to get a closer look in the financial markets. Binance caters to all sorts of traders and are a must-have broker for almost any well-diversified method of online trading.
Binance Review Videos
Benefits of trading with Binance in 2025
Trading with Binance includes many advantages. These advantages are what sets Binance ahead of all other online agents. You should check all the advantages listed so you have a better understanding of Binance.
The agent goes to great lengths to understand what dealers want. As a result, the support, fast, and convenient. The agent also gives a variety of programs for all kinds of traders. Binance helps to ensure that the individual needs of all online traders are met to the best of their ability.
Binance also includes excellent trading conditions that are readily available to all and not only an elite group of institutional clients. The tight spreads and quick executions are a great advantage for all traders. The technology embraced by Binance is of the maximum caliber, making sure that it's fast, dependable, and efficient.
Binance acknowledges the significance of owning a fast order execution. A fast execution will allow users to exchange without fretting about slippage safely. It will also aid the dealers to grab any opportunities.
Copy trading is another important facet of Binance. A new dealer can learn from business experts using the automated copy trading option. This means you can monitor the best performing traders and instantly copy their trades and benefit from their expertise
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Binance offers social trading which encompasses leading traders sharing their knowledge with the community. Binance's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is independent copy trading.
Binance has over 52 trading instruments to support all types of traders. These tools are lively and suitable for both the new and seasoned traders. All traders can put aside all their concerns when trading with Binance.
Binance Overview
Year Founded: 2017
Regulated By: Unregulated
Hedquarters: Japan
Minimum Deposit: $100
Number Of Clients: 13500000
Your capital is at risk
If you feel that Binance is not right for you then at the bottom of this Binance review you will find a lot of alternatives to Binance.
Everything you ought to know about trading using Binance
Binance is a dynamic platform that offers various methods of trading. These instruments cover the monetary markets considerably. Most of the brokerage platforms offer fewer procedures than Binance
If you would like to trade with Binance, you'll need a minimum deposit of $100. This deposit is compulsory if you want to begin trading using Binance. This 2025 Binance review will direct you clearly about trading with them.
Binance is as versatile as another broker platform. Binance is excellent for traders that want a manageable variety of cheap services. The platforms provided by Binance are third party, white-label offerings. All traders can pick out of Desktop, Android, iPhone/iPad, Mac
Along with everything, Binance has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a trade must be kept available. The agents provide premium client service which rewards clients with advantages.
Many less reputable brokers attempt to pressurise customers into larger financing for premium services. Binance, on the other hand, is more concentrated on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the greater advantages will become available.
Binance accounts are available all over the world and provides quality service wherever they have customers. There are some select few countries where Binance accounts are not available. Traders in the following countries cannot open or use a Binance account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Binance Safe To Trade With In 2025?
Established in 2017, Binance has been open for 8 years, they are headquarted in Japan
Binance is regulated by Unregulated. These bodies have rules that make sure that trading platforms have measures in place to maintain investor's resources secured. This usually means that Binance users don't need to be worried about their money since it is segregated and safely stored in banks that are established. SSL encryption secures every user's personal information also.
You are able to make use of an option for 2 Factor Authentications (2FA) with Binance for increased safety. An SMS for the verification code will be sent to your mobile phone. You'll be required to input this code to log in to your account.
Another concern with online brokers with respect to safety may be manipulation of trading. This is highly disadvantageous for consumers on these platforms. However, this is much more widespread in the example of Market Maker brokers who compete with users on the platform.
Binance Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With Binance
Every online trading platform has some ups and downs, and no Binance review would be complete without showing both sides. This Binance review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Binance Pro's
Binance offers customer support over the phone.
Binance provides customer support over email.
Binance gives access to customer support over livechat.
Binance offers negative balance protection.
Binance doesn't charge inactivity fees.
You can trade Cryptocurrencies with Binance.
Binance has over 100 employees.
Binance offers social trading.
Binance offers copy trading.
Binance allows scalping.
Binance allows hedging.
Binance Con's
Binance is not highly rated by us. Binance is not regulated. Binance hasn't won any awards. Binance doesn't offer guaranteed stop loss. Binance charges withdrawal fees. Binance doesn't have a wide range of trading instruments. Binance doesn't allow commodity trading. You can't trade metals with Binance. You can't trade energies with Binance.Compare Brokers Similar To Binance
Regulation And Licencing In More Detail
Binance is regulated by Unregulated.
Binance, as a business, has a powerful collection of rules for ensuring honest trading on its platform. For information encryption purposes, it supplies an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Binance Awards
At the time of writing this Binance review, and despite Binance’s impressive offering, the company has surprisingly not garnered any awards to date.Binance Trading Platforms
Binance are a professional brokerage that has been open for over 8 years. They offer a wide range of options in their user accounts.
Below we take the main parts of any professional online trading platform and compare Binance with Startrader, and freetrade.
Binance MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Binance in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Binance MetaTrader 4 is compatible with the latest macOS. Binance allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Binance
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Binance MetaTrader 4 On iOS Devices
You can download the Binance app or also trade with Binance through the MetaTrader 4 application on the Apple app store.
Download the Binance MetaTrader 4 Program free of charge from Apple's App Store. Binance customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With Binance MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. Binance provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 13500000 customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Binance MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you must deposit to get started on Binance is $100. This is an adequate amount for those just starting out. It's possible to create more complex residue as you go along. But, make certain that you know how to make the most of your money before investing larger amounts.
Commission And Fees Explained
Binance is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled much better. That is, an internet broker is not necessarily affected by the amount of customers they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are mainly 3 types of penalties for this purpose.
The first sort of charges to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're charged trading charges. In these instances, you are spending a spread, financing speed, or a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are people that are charged when you hold a leveraged position for more than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake on your accounts. They're billed for operations like depositing money, not investing for long periods, or withdrawals.
Generally, Binance does not charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who regularly trade, such as weekly or daily trading.
But, non-trading fees charged by Binance are comparatively greater. As a result, you are charged more for non-trading activities in your trading accounts, such as withdrawal and deposits. These aren't about the purchase and sale of resources.
This Binance review breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees Of Binance
Binance Withdrawal Fees Explained
Binance charges a withdrawal fee when you make a bank transfer. Each time you transfer money back into your bank account, these withdrawal fees become important.
Withdrawal of cash is possible at any moment from your Binance account. You can withdraw up sums to the sum of your account balance, keeping aside the margin used. 1 thing to keep in mind is that you don't always need to have any money in your accounts.
Moreover, the withdrawn money will be transferred directly to the accounts you use to create deposits. Thus, if you used a credit card for deposits, then the withdrawn cash will be sent into the cardBinance will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing cash in various currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you're opting to withdraw in.
Binance Inactivity Fees Explained
Binance doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no charges are indicated by Binance, it's best for you to close the account if you are inactive. Inactivity fees aren't just charged by broker companies but also many financial services.
For other trading platforms, the inactivity fee depends on the sort of account you have selected. The inactivity fee is subjected to a lot of conditions and needs to be revealed clearly by the agent beforehand.
Binance Deposit Fees Explained
When you transfer money into your trading account from your bank account, a deposit fee can be charged by the broker. Most brokers don't charge too much money for this operation.
Binance charges a deposit fee for transferring money into your trading account.
Depositing money onto the Binance trading platform is easy. You just need to complete a single-user profile questionnaire to begin depositing money into your trading account. You'll need to give an identity evidence and proof of residency to deposit substantial sums.
Compare Binance Vs Other Broker Deposit Methods
What Can You Trade With Binance in 2025?
Note: Binance offers a lot of different trading instruments due to regulatory restrictions in many countries. Trading instruments offered may differ based on the country of residence of the client.
Binance has a wide variety of over 52 instruments available for you to trade with.
If trading forex pairs is of interest to you then Binance offer over 80 currency pairs.
Compare Binance, Startrader & freetrade below.
Binance Trading App Review
Note: Binance's mobile app has many functions and is being constantly improved. The below information was accurate at the time of compiling this Binance broker review.
Understand the capabilities of the mobile apps of Binance, Startrader & freetrade below.
Trading Education Available At Binance
Understand the trading resources available with Binance, Startrader & freetrade below.
Binance Customer Support
While collating our Binance broker review we tested the options for customer service as well as response times. on the Binance trading platform issue solving effectiveness. Binance support a wide range of languages including English, and Chinese
Binance Live Chat Support
We tested the live chat on Binance, and it was very effective. We have sent messages to Binance livechat via their website and app and got a reply in less than 20 seconds. There was sometimes no response.
We have tested communication with Binance support in multiple languages across multiple countries. Binance were capable of resolving our customer problems.
Binance Phone Support
We called Binance and the call was answered very quickly. The call was answered in less than five to ten minutes.
The Binance phone support team were able to successfully address our questions and issues on the phone. We tried the multi-lingual Binance team by calling in varying languages. Binance made an effort to make sure our queries were answered.
The overall phone support provided by Binance was good.
Binance Email Support
We sent several email to Binance and the response times were all acceptable. The fastest email response from Binance was 4 hours while the longest response time was 3 days! There were times when there was no response. Response times to support may differ for you at Binance, however, we've had the experience of sending out 10 emails at various times.
The team was able to resolve and answer our questions. Overall average email support from Binance was good.
Alternatives To Binance
If, after studying this Binance review, they don't fulfill your requirements check out these Binance alternatives.
We have scoured the internet to find the best alternatives to Binance. Click the links below to learn more.
Frequently Asked Questions
Can I try Binance before I buy?
Absolutely! you can most definitely try Binance before you buy. Binance provides demo accounts for the convenience of new traders. You may use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you sign up for a demo account with Binance, you will set out with a decent amount of virtual currency. It's to establish a sense of safety and confidence in you before you choose to invest your own money.
With this virtual Binancedemo account, you are able to experiment at all, to whatever length you wish. You can even open positions, examine different trading approaches, and much more.
Binance shows on its official website how you are able to trade real time stocks with your demo account.
Is Binance safe?
You can drop all your worries because we believe that Binance is perfectly safe to use. It is in compliance with all the rules of Unregulated.
Even so, Binance does not give assured stop-loss protection.
Why does Binance ask for my passport?
The reason that Binance asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Binance has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Binance must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Binance?
The process to start trading with Binance is super simple. You need to begin by signing up on the Binance website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Binance are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Binance is $100. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with Binance.
The best way to kickstart your trading career with Binance is to open a demo account facility before risking any real money
What funding methods do Binance accept?
There are multiple ways to finance your accounts with Binance. The process is effortless and quick, with various payment methods in your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You must keep in mind that PayPal isn't available in all place. The currencies Binance accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility also, even though it takes approximately 4-7 days.
Is my money safe with Binance?
Yes, your money is safe and protected with Binance. As you know, Binance operates with good conformation to regulations. It has established plenty of steps to guard all its own investors.
Binance protects its customers' private and sensitive information under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you want to further safeguard your accounts, it is possible to enable Two-Step Verification as well. It takes an SMS confirmation that you get your accounts.
Is Binance trading good?
Yes, trading via Binance is a pleasant and good experience indeed. It is a great and intuitive platform with helpful features for your ease. Moreover, you can even gain access to a huge collection of educational resources and assistive material to kickstart your trading experience.
If you remain skeptical, it is possible to open a eToro demo account and evaluate the trustworthiness of the platform on your own.
Which Countries do Binance support?
Binance operates around the globe. However, due to regulations Binance cannot accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Binance legit?
Binance is a legit company headquarted in Japan since 2017. They are regulated by Unregulated. Binance is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Binance a good broker?
Binance is a great agent, and its own users may vouch for it. The highlight of this platform is its quick order execution on trades.
You'll discover the clean layout of the platform along with the commendable features are pleasant to work with.
Is Binance a trustworthy broker?
Yes, Binance is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 13500000 users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for Binance?
The minimum deposit to open a live account with Binance is $100
How long do Binance withdrawals take?
Normally, withdrawal of money from Binance is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from Binance to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is Binance regulated?
Binance are regulated by Unregulated
Is Binance a market leading broker?
Binance is indisputably one of the industry leaders. It supports over 13500000 registered users and over 8 years of experience on its own record. They are one of the world's leading trading platforms and also a dominant figure in the Fintech revolution.
It simplifies this standing to its unbelievable platform and broad selection of resources plus tools so that you can put money into capital markets.
Is Binance a con?
No, Binance is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that Binance is not a scam.
Can you make money with Binance?
Through Binance, several traders make a great deal of cash. But, just like all online brokers, it is important to note that traders can also lose money. In particular, Your capital is at risk
This may seem like a little number, but over the year, it adds to a substantial number of gains. While Binance provide you all the tools to earn money, they cannot guarantee you will profit.
Does Binance have fees?
Yes. To begin trading using Binance, you need to deposit $100. Particular commissions while trading also applies. Any processing fees from your bank will have to be incurred by you.
When was Binance founded?
Binance was founded in 2017 in Japan. Binance is regulated by Unregulated.
How many people use Binance?
Binance is a worldwide recognised broker with 13500000 clients.
Where is the Binance head office?
Binance has its head office in Japan
Does Binance offer negative balance protection?
Yes, Binance has Negative Balance Protection. It's especially offered while the market volatility keeps clients from allowing their accounts go into the red. In such a scenario, Binance offers the ability to reset a clients account balance to zero.
You should go through the critical terms and conditions on Binance's website to comprehend their policies.
Does Binance offer guaranteed stop loss?
Binance, regrettably, doesn't offer guaranteed stop loss. Binance gives an opportunity for its traders to close their trades at their specified price. Apart from that, Binance doesn't offer guaranteed stop loss.
Does Binance allow scalping?
Yes, Binance does allow scalping. Many traders across the world choose Binance for their scalping services. They offer trading on Desktop, Android, iPhone/iPad, Mac which allow this.
Does Binance allow hedging?
Yes, Binance does allow hedging.
Can you trade energies with Binance?
No, unfortunately you cannot trade energy stock with Binance
Can you trade agricultural shares with Binance?
No, unfortunately you cannot trade agricultural stock with Binance
Can you trade cryptocurrency with Binance?
Yes, you can trade cryptocurrency with Binance
Can you trade metals with Binance?
No, unfortunately you cannot trade metals with Binance
Can you trade UK Shares with Binance?
No, unfortunately you cannot trade UK shares with Binance
Can you trade US Shares with Binance?
No, unfortunately you cannot trade US shares with Binance
Can you trade Japanese Shares with Binance?
No, unfortunately you cannot trade Japanese shares with Binance
Can you trade German Shares with Binance?
No, unfortunately you cannot trade German shares with Binance
Does Binance accept bank transfers?
Yes, Binance accepts bank transfers for depositing money.
Does Binance accept credit cards?
Yes, Binance accepts credit cards for depositing money.
Does Binance accept PayPal?
No, Binance does not accept PayPal.
Does Binance accept Skrill?
No, Binance does not accept Skrill.
Does Binance accept Payoneer?
Yes, Binance accepts Payoneer for depositing money.
Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. The company specializes in facilitating cross-border B2B payments. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.
Does Binance accept Neteller?
No, Binance does not accept Neteller.
Does Binance offer Live Chat customer support?
Yes, Binance offers customer support through live chat.
Does Binance offer phone customer support?
Yes, Binance offers customer support over the telephone.
Does Binance offer email customer support?
Yes, Binance offers customer support through email.
What languages can Binance communicate in?
Binance has the ability to communicate and support customers who speak: English, and Chinese
Does Binance have a wikipedia page?
Yes, Binance does have a wikipedia page. It can be found at https://en.wikipedia.org/wiki/Binance
Does Binance offer demo accounts?
Yes, Binance offers demo accounts so you can test your trading strategies before risking any real capital. New traders can open a demo account in order to better understand the aspects of Forex trading and test out some of the features before risking a live account.
Compare Binance To All Our Other Brokers
Latest Binance News & Insights
Binance Review
Binance Review:
Table Of Contents
- Who are Binance?
- Benefits Of Trading With Binance
- Everything you should know about trading with Binance
- Is Binance Safe To Trade With?
- Binance Risk Disclaimer
- Pro's & Con's Of Trading With Binance
- Compare Brokers Similar To Binance
- Binance Regulation And Licencing
- Binance Awards
- Minimum Deposit Required For A Live Account With Binance
- Binance Commission And Fees
- Compare broker fees against Binance
- Binance Withdrawal Fees Explained
- Binance Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Binance?
- Binance Customer Support
- Binance Live Chat Support
- Binance Phone Support
- Binance Email Support
- Alternatives To Binance
- Frequently Asked Questions About Binance

