Binance
ETX Capital
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Overview
Binance was founded in 2017 and is headquartered in Japan, while ETX Capital was established in 2002 and is based in UK. Binance holds licences including Unregulated, while ETX Capital is regulated by Financial Conduct Authority (FCA) among others. Binance serves 13500000 clients worldwide; ETX Capital has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | Binance | ETX Capital |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Unregulated | Financial Conduct Authority (FCA) |
| Founded | 2017 | 2002 |
| Country | Japan | UK |
| Clients | 13500000 | 10,000+ |
Fees
Fees are a critical factor when choosing between Binance and ETX Capital, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Binance charges withdrawal fees while ETX Capital does not, a notable advantage for frequent withdrawers. Binance charges deposit fees; ETX Capital does not. Overall, ETX Capital scores higher on fees in our assessment.
| Feature | Binance | ETX Capital |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Binance offers MT4, MT5, cTrader, a proprietary platform, while ETX Capital supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Binance supports social and copy trading features, which ETX Capital does not offer. Binance edges ahead on platform breadth and functionality in our scoring.
| Feature | Binance | ETX Capital |
|---|---|---|
| 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 | MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Binance and ETX Capital compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Binance | ETX Capital |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 ETX Capital supports 3 (bank transfer, credit/debit card, Neteller). ETX Capital uniquely supports Neteller among the two brokers. ETX Capital scores higher on deposit and withdrawal flexibility.
| Feature | Binance | ETX Capital |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Binance and ETX Capital offer live chat support. Both provide phone support. Email support is available at both brokers. Binance supports 2 languages and ETX Capital supports 7, giving ETX Capital broader global reach. Both brokers are comparable on support quality.
| Feature | Binance | ETX Capital |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, French, Spanish, German, Polish, Czech, Greek and Mandarin |