easyMarkets vs Binance, for 2022
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easyMarkets Rating
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Binance Rating
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73% of retail CFD accounts lose money with this provider. |
Your capital is at risk |
easyMarkets vs Binance Guide |
Read our In-Depth easyMarkets vs Binance Review - for 2022
This easyMarkets vs Binance review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this easyMarkets vs Binance review does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
Binance Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs Binance
Every online trading platform will have a few pros and cons, and no easyMarkets and Binance review would be complete without showing both sides. Compare easyMarkets and Binance to understand how they stack up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a reputable broker and are choosing between easyMarkets or Binance. Which one is best in 2022?
This easyMarkets vs Binance comparison contains the latest information so you can easily compare Binance against easyMarkets.
If you are a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You will get proficient at all the concepts of brokerage since you keep trading. For starters, you need to choose the ideal agent who'll be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. easyMarkets and Binance are two such stages that will take you and your investment into great heights. It's crucial that you compare easyMarkets vs Binance until you trust them with your money.
Our easyMarkets vs Binance comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and Binance side by side.
Our entire easyMarkets vs Binance Review covers everything you need to know about trading with either easyMarkets or Binance. A fantastic agent can multiply your initial investments and give you favorable profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investment goals.
There is no sure-fire way to guarantee profits; thus, you must carefully assess your broker before you select them. It's a frequent misconception that all agents will be the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
easyMarkets and Binance are both brokers which have found their way successfully into the brokerage world. In this review, we've attempted to collate a number of the vital facets of both easyMarkets and Binance. This review can help you to understand whether either Binance or easyMarkets is a fantastic fit for your own investments or not. We've attempted to breakdown all the qualities and fees for your convenience.
Benefits of easyMarkets and Binance Compared
easyMarkets offers a minimum deposit of $100 while Binance has a $100 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and Binance compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
easyMarkets allows you to trade around 200 financial instruments while Binance allows you to trade around 200 financial instruments available.
The more financial instruments you can trade on the easyMarkets and Binance trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of easyMarkets or Binance.
easyMarkets and Binance Contact Details
Being able to contact a broker simply is a sign of a professional broker. easyMarkets and Binance have the following contact details and social medias that you can use.
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Broker | easyMarkets | Binance |
Telephone Number | +357 25 828 899 | +1 929 228 3440 |
support@easymarkets.com | support@binance.com | |
Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | Melita Court Level 3 Triq Giuseppe Cali Ta' Xbiex XBX 1420 Malta |
easyMarkets Twitter Account | Binance Twitter Account | |
easyMarkets Facebook Page | Binance Facebook Page | |
easyMarkets Instagram Account | Binance Instagram Account | |
easyMarkets LinkedIn Page | Binance LinkedIn Page | |
YouTube | easyMarkets YouTube Channel | Binance YouTube Channel |
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Binance and easyMarkets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing easyMarkets and Binance will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
easyMarkets vs Binance - Awards
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Broker | easyMarkets | Binance |
Awards |
easyMarkets have won several industry awards over the time they have been operating as an online broker. We detail the most recognised awards for easyMarkets here.
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At the time of writing this Binance review, and despite Binance’s impressive offering, the company has surprisingly not garnered any awards to date. |
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easyMarkets vs Binance - Frequently Asked Questions
easyMarkets vs Binance - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
Binance was founded in 2017 and has its headquaters in Japan.
What is the minimum deposit for Binance or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for Binance is $100.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and Binance are a good choice.
easyMarkets vs Binance - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Binance is regulated by Unregulated.
Binance is unregulated but easyMarkets has a powerful collection of rules for ensuring honest trading on its platforms. For data encryption purposes, they provide industry-standard secure socket layer (SSL).
As per their own privacy regulation, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare easyMarkets vs Binance Commission And Fees
easyMarkets and Binance are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. That is, an online broker isn't necessarily influenced by the number of customers they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are primarily 3 types of penalties for this objective.
The first sort of fees to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In these cases, you're spending a spread, funding rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the gap between the buying and selling price. Financing or overnight prices are people that are charged when you hold a leveraged position for more than a day.
Apart from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake in your account. They're charged for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither easyMarkets or Binance charge high fees in comparison to other online agents. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who regularly exchange, for example daily or weekly trading.
But, non-trading fees charged by easyMarkets and Binance are comparatively competitive. As a result, you are billed more for non-trading activities in your trading account, like withdrawal and deposits. These are not about the sale and purchase of assets.
This easyMarkets vs Binance review for 2022 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For easyMarkets And Binance
What Languages Do easyMarkets And Binance Support?
Being able to communicate easily with your online broker is a key way of comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading online.
Here you can find the languages that both easyMarkets and Binance offer communication in.
How Many Clients Do easyMarkets and Binance Have?
Both easyMarkets and Binance are well established with their customer base. It is important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many clients easyMarkets and Binance are active on their platform
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Broker | easyMarkets | Binance |
Clients / Users | 142,500+ | 13500000 |
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What Payment Methods Do easyMarkets and Binance Accept?
easyMarkets and Binance both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at easyMarkets and Binance
What Can You Trade With easyMarkets and Binance?
easyMarkets offers 200 trading instruments while Binance offers 52.
Below you will find a full breakdown of what both easyMarkets and Binance offer.
Compare easyMarkets To All Other Brokers
Compare Binance To All Other Brokers
easyMarkets Review
easyMarkets vs Binance:
Table Of Contents
- Compare easyMarkets vs Binance
- Benefits of easyMarkets and Binance Compared
- Binance and easyMarkets Mobile App Comparison
- easyMarkets vs Binance - Awards
- easyMarkets vs Binance - Frequently Asked Questions
- What is the minimum deposit for Binance or easyMarkets
- easyMarkets vs Binance - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And Binance
- What Languages Do easyMarkets And Binance Support?
- How Many Clients Do easyMarkets and Binance Have?
- What Payment Methods Do easyMarkets and Binance Accept?
- What Can You Trade With easyMarkets and Binance?