Binance vs Binarium

Binance vs Binarium Comparison Table 2024
Binance	Binarium
Review 3.5 Binance is #29 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.	Review 2.6 Binarium is #5 in our binary options broker rankings.
Traders from US accepted	Traders from US accepted
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.	Binarium is an established international broker offering binary options trading on diverse markets including stocks, indices, forex, commodities and cryptocurrencies. Traders can start trading with as little as $1 and earn payouts up to 80% of their stake.
Promotions
Binance Introduces Fee-Free Bitcoin Trading
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."	"Binarium has been designed with simplicity in mind, featuring a fast, fully digital sign-up process and an intuitive platform and app with 4 chart types and 12 indicators. With binaries spanning 5 minutes to 3 months, it caters to short- and medium-term traders."
Pros
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	Binarium has the best education centre we’ve seen amongst binary options brands, complete with information on core topics like trading basics and account options, plus professional video guides to using the platform. The $10,000 demo account, deposit-doubling welcome bonus, smooth sign-up, and 24/7 support make for an attractive onboarding experience. Binarium claims to segregate client funds with EU banks, meaning traders’ money should not be misused and providing an important layer of protection, which is especially relevant given its offshore status.
Cons
No contact support number Some regulatory investigations The crypto exchange has been hacked	Despite being operational since 2012, Binarium is an unregulated broker with limited transparency on its website, raising safety concerns and potentially putting your capital at risk. Payouts of up to 80% are on the low side of binary options platforms based on our evaluations, which may deter traders looking for the possible best returns, though you can get back up to 15% of losing trades. Binarium has some way to go to match the investment offering of binary firms like Quotex, with a particularly weak selection of around 20 currencies and 3 cryptocurrencies.
Instruments
Cryptos	Forex, Stocks, Cryptos
Demo Account
No	Yes
Minimum Deposit
$0	$5
Trading Platforms
AlgoTrader	Own
Payment Methods
ACH Transfer Volet 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	Bitcoin Payments Credit Card Debit Card Mastercard Neteller QIWI Visa WebMoney Wire Transfer Yandex Money
Minimum Trade
$10	$1
Margin Trading
Yes	No
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
Yes	No
Spot Trading
Yes	No
Mobile Apps
Yes	iOS & Android
App Review
	Binarium offers a mobile app that should provide an optimal trading experience on the go. However, we’ve observed worrying complaints of deposits not showing in account balances despite multiple requests to the support team. So, despite a very modern interface and capable charting tools, it trails industry leaders.
Android App Rating
	3.3
iOS App Rating
	1.3
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	Yes
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
No	No
Account Currencies
UAH	USD EUR AUD RUB
Forex Trading
Forex trading not offered	Binarium offers just 20 currency pairs, focusing on majors like EUR/GBP and USD/GBP, alongside a few minors. Currency trading is supported on a web-based platform with payouts up to 80% through the broker's binary options.
GBPUSD Spread
	Variable
EURUSD Spread
	Variable
EURGBP Spread
	Variable
Assets
	20+
Cryptocurrency
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.	Trade binary options on three Bitcoin pairs – BTC/USD, BTC/GBP and BTC/EUR – with flexible contract lengths. Simply bet whether the price of the asset will rise or fall.
Spread
Variable fees with account tiers	N/A
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	BTC
Crypto Lending
Yes	No
Crypto Mining
No	No
Crypto Staking
Yes	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	Binarium is an experienced binary options broker offering access to a range of financial markets with a proprietary, sleek platform. New users can claim a welcome bonus up to $1,500 or practice in the demo account with $10,000.
Payout
	80%
Ladder Options
No	No
Boundary Options
No	No

Review	Review