Binance
Degiro
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Overview
Binance was founded in 2017 and is headquartered in Japan, while Degiro was established in 1934 and is based in Netherlands. Binance holds licences including Unregulated, while Degiro is regulated by Financial Conduct Authority (FCA) among others. Binance serves 13500000 clients worldwide; Degiro has 600,000+. The minimum deposit is $100 at Binance and $0 at Degiro.
| Feature | Binance | Degiro |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) |
| Founded | 2017 | 1934 |
| Country | Japan | Netherlands |
| Clients | 13500000 | 600,000+ |
Fees
Fees are a critical factor when choosing between Binance and Degiro, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Binance). Binance charges withdrawal fees while Degiro does not, a notable advantage for frequent withdrawers. Binance charges deposit fees; Degiro does not. Overall, Degiro scores higher on fees in our assessment.
| Feature | Binance | Degiro |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
Binance offers MT4, MT5, cTrader, a proprietary platform, while Degiro supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Binance supports social and copy trading features, which Degiro does not offer. Binance edges ahead on platform breadth and functionality in our scoring.
| Feature | Binance | Degiro |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop, Android, iPhone/iPad, Mac | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Binance and Degiro compare. Binance runs regular live webinars; Degiro does not. Both provide video tutorials. Binance publishes daily market commentary; Degiro 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 | Binance | Degiro |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Binance accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Degiro supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Binance | Degiro |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Binance and Degiro offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Binance | Degiro |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |