amarkets
Binance
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Overview
amarkets was founded in 2016 and is headquartered in United Kingdom, while Binance was established in 2017 and is based in Japan. amarkets holds licences including Financial Conduct Authority (FCA), while Binance is regulated by Unregulated among others. amarkets serves 1,000,000+ clients worldwide; Binance has 13500000. The minimum deposit is $250 at amarkets and $100 at Binance.
| Feature | amarkets | Binance |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F223 | Unregulated |
| Founded | 2016 | 2017 |
| Country | United Kingdom | Japan |
| Clients | 1,000,000+ | 13500000 |
Fees
Fees are a critical factor when choosing between amarkets and Binance, directly affecting your bottom line as a trader. Binance has a lower barrier to entry with a minimum deposit of $100 (vs $250 at amarkets). Both brokers charge withdrawal fees. amarkets charges deposit fees; Binance does not. Overall, Binance scores higher on fees in our assessment.
| Feature | amarkets | Binance |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | No |
Platforms
amarkets offers MT4, MT5, cTrader, while Binance supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Binance supports social and copy trading features, which amarkets does not offer. Binance edges ahead on platform breadth and functionality in our scoring.
| Feature | amarkets | Binance |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Desktop, Android, iPhone/iPad, Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how amarkets and Binance compare. Binance runs regular live webinars; amarkets does not. Both provide video tutorials. Binance publishes daily market commentary; amarkets does not. Both integrate third-party research tools. Binance maintains an archive of past webinars for on-demand viewing. Binance scores higher overall in education and research.
| Feature | amarkets | Binance |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. amarkets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Binance supports 2 (bank transfer, credit/debit card). amarkets uniquely supports PayPal and Skrill and Neteller among the two brokers. amarkets scores higher on deposit and withdrawal flexibility.
| Feature | amarkets | Binance |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both amarkets and Binance offer live chat support. Both provide phone support. Email support is available at both brokers. amarkets supports 8 languages and Binance supports 2, giving amarkets broader global reach. Both brokers are comparable on support quality.
| Feature | amarkets | Binance |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |