Binance vs. MetaTrader 5

MetaTrader 5

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Binance	Score 8.4 out of 10	N/A	Binance is a global blockchain and cryptocurrency infrastructure provider with a financial product suite that boasts the largest digital asset exchange by volume.	N/A
MetaTrader 5	Score 9.0 out of 10	N/A	Henyep Capital Markets (HYCM) & MetaTrade are FCA and CySEC-regulated market leader in providing online FX and CFD trading to retail and institutional investors. HYCM is part of the Henyep Group, an international conglomerate with business in financial services, property, education and charity spanning 20 countries across 3 continents.	N/A

Pricing

Binance

MetaTrader 5

Editions & Modules

No answers on this topic

Offerings

Pricing Offerings
Binance	MetaTrader 5
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

—

Fixed---Fixed Spreads from 1.8 pips ("percentage in point")----No Commission/ Classic--Variable Spreads from 1.2 pips (percentage in point)--No Commission/ Raw--Raw Spreads from 0.2pips (percentage in point) + $4 per round/

More Pricing Information

Community Pulse
	Binance	MetaTrader 5
Top Pros	Pro Easy to use Pro Secure platform Pro Less downtime	Pro Real time Pro Time data Pro Real time data
Top Cons	Minus Login process Minus Push notifications Minus Set up	Minus User friendly Minus Lot of features

Best Alternatives
	Binance	MetaTrader 5
Small Businesses	Coinbase Score 8.0 out of 10	Coinbase Score 8.0 out of 10
Medium-sized Companies	Coinbase Score 8.0 out of 10	Coinbase Score 8.0 out of 10
Enterprises	No answers on this topic	No answers on this topic
All Alternatives	View all alternatives	View all alternatives

User Ratings
	Binance	MetaTrader 5
Likelihood to Recommend	8.1 (12 ratings)	8.4 (2 ratings)

User Testimonials
	Binance	MetaTrader 5
Likelihood to Recommend	Binance If you are into crypto, it is definitely a platform that needs to be used for your business if you want to adapt to a modern-day solution. Especially with a lot of exchanges platform or crypto platforms around, I do think it's a good idea to find one that is highly regulated and well known in the industry. That's why Binance is a go too platform. Incentivized Moses Thien Consultant Read full review	HYCM MetaTrader 5 1. it is best suited in terms of algorithmic trading, where it helps in better understanding with time intervals and easy-to-use UI . Best for forex trading. 2. Security feature is not well trusted. anyone can join, anyone can fake with screenshots and pics and can show the fake profits which are breaking the trust. There must be a system to not support these activities. Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
Pros	Binance Has the best data, tables and choices of all platforms out there. Best charges / prices with quick transfers of currency from fiat banks to Binance Best selection of currencies Incentivized Verified User Anonymous Read full review	HYCM MetaTrader 5 forex trading analysis and charts with better time intervals better user interface trading based on AI and algorithms Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
Cons	Binance You have to login every time you use it due to security concerns. The fees and charges are not clear sometimes Make sure you go through the terms carefully before using any platform. Incentivized Verified User Anonymous Read full review	HYCM MetaTrader 5 support can be better reachability is troublesome due to heavy user base security is the biggest issue and lacks trust Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
Alternatives Considered	Binance We found that Binance has a better fee structure. We also found Binance to be much easier to use. I have a little bit of experience in the trading space, but it was essential to have an easy-to-use platform for inexperienced employees to use while keeping up with new technology. Incentivized Verified User Anonymous Read full review	HYCM MetaTrader 5 1. Better in terms of investor accounting and investor reporting management. 2. Easy to use and setup and better in terms of decision making with algorithmic charts. 3. Better in terms of pricing overall a good and well recommended product to use for all sorts of trading and forex, hedge etc. Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
Return on Investment	Binance It gave good opportunity for investment which resulted in good ROI It's better than Indian Exchanges as the manipulation is high there It's the best platform to check the actual prices of coins as other applications nowadays are fluctuating in prices Incentivized RM Rajat Miglani Test Lead Read full review	HYCM MetaTrader 5 Gives awesome ROI on my trading and Investing Portfolio Very good Client Support Have Awesome Integration with Different trading Platforms, Dow Jones, and Different Markets Incentivized RM Rajat Miglani Test Lead Read full review
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