Binance
FxPro
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Overview
Binance was founded in 2017 and is headquartered in Japan, while FxPro was established in 2006 and is based in UK. Binance holds licences including Unregulated, while FxPro is regulated by Financial Conduct Authority (FCA) among others. Binance serves 13500000 clients worldwide; FxPro has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | Binance | FxPro |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA) |
| Founded | 2017 | 2006 |
| Country | Japan | UK |
| Clients | 13500000 | 10,000+ |
Fees
Fees are a critical factor when choosing between Binance and FxPro, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Binance charges withdrawal fees while FxPro does not, a notable advantage for frequent withdrawers. FxPro applies inactivity fees on dormant accounts; Binance does not. Binance charges deposit fees; FxPro does not. Overall, FxPro scores higher on fees in our assessment.
| Feature | Binance | FxPro |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
Binance offers MT4, MT5, cTrader, a proprietary platform, while FxPro supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Binance edges ahead on platform breadth and functionality in our scoring.
| Feature | Binance | FxPro |
|---|---|---|
| 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, MT5, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Binance and FxPro 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. Binance scores higher overall in education and research.
| Feature | Binance | FxPro |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
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 FxPro supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). FxPro uniquely supports PayPal and Skrill and Neteller among the two brokers. FxPro scores higher on deposit and withdrawal flexibility.
| Feature | Binance | FxPro |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| 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 FxPro offer live chat support. Both provide phone support. Email support is available at both brokers. Binance supports 2 languages and FxPro supports 15, giving FxPro broader global reach. Both brokers are comparable on support quality.
| Feature | Binance | FxPro |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, and Vietnamese |