Binance presents native crypto trading with wide asset coverage and DeFi features, while ThinkMarkets supplies regulated crypto CFDs through familiar trading platforms. The tension centers on asset depth versus protections.
Binance wins on editorial score against ThinkMarkets due to broader asset coverage and a native exchange.
Find out which crypto exchange best suits your trading profile.
Choose Binance if…
Choose Binance if you prefer a native exchange with 500+ coins and DeFi access.
Choose ThinkMarkets if…
Choose ThinkMarkets if you want regulated crypto CFDs with client money protections and negative balance protection.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
ThinkMarkets wins for security due to segregated funds and client money protections under FCA/ASIC.
| Criteria | ||
|---|---|---|
| Editorial score | 4.4/ 5 | 3.8/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | N/A | 0.4 pips |
| Taker Fee | 0.10%▼ lower | 7.00% |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | Binance | ThinkMarkets |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Fail |
| Proof of reserves published | Pass | Fail |
| Segregated client funds | Fail | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Fail |
| Features | ||
| Staking available | Pass | Fail |
| DeFi integration | Pass | Fail |
| NFT trading | Pass | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
Binance rates 4.4/5 versus 3.8/5 for ThinkMarkets. Binance edges ahead on our composite score, though both exchanges meet a reasonable standard for most traders.
ThinkMarkets lists a spread from 0.4. Current spread data is not available for Binance. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Neither Binance nor ThinkMarkets requires a minimum deposit, making both accessible regardless of starting capital.
ThinkMarkets holds top-tier regulation (FCA, ASIC, FSCA), providing stronger investor protections. Binance may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, ThinkMarkets provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each exchange's site before deciding.
Binance offers up to 10:1 on perpetual or margin products, versus ThinkMarkets's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Binance charges $0.1 per trade, lower than ThinkMarkets's $7 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
Binance supports Binance Exchange, while ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Binance has exclusive access to Binance Exchange. ThinkMarkets has exclusive access to MetaTrader 5 and Proprietary Web/Mobile and TradingView and MetaTrader 4.
Binance offers staking while ThinkMarkets does not according to our data. Staking lets you earn passive yield on your crypto holdings directly through the exchange. Check Binance's supported coins, lock-up terms, and estimated yields before committing.
Binance lists 500+ coins while ThinkMarkets does not meet this threshold in our data. For traders who want access to many altcoins, Binance has the broader selection. Confirm specific coin availability for your region on each exchange's website.
In our data: Binance has DeFi integration; Binance supports NFT trading. DeFi and NFT features vary between platforms. Check each exchange's current Web3 integrations and supported chains before making a decision.
Binance offers lower implicit costs with maker fees from 0.02% and BNB discounts.
ThinkMarkets offers no minimum deposit and regulated protections.
Binance offers staking and yield-earning options while ThinkMarkets does not, making Binance the better choice for holders who want to earn passive income on their crypto.
| N/A |
| 1.1 pips |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free (crypto/bank); card ~1.8% | Free |
|---|
| Deposit methods | CryptoBank transferCredit cardDebit card | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | CryptoBank transferCredit card | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Network fee only | Free |
|---|
| Regulators | MiCA AUSTRAC VARA | FCA ASIC FSCA JFSA |
|---|
| Cold Storage | Yes | No |
|---|
| Proof of Reserves | Yes | No |
|---|
| Staking | Yes | No |
|---|
| DeFi Integration | Yes | No |
|---|
| NFT Trading | Yes | No |
|---|
| 500+ Coins | Yes | No |
|---|
| P2P Trading | Yes | No |
|---|
| Crypto Earn / Savings | Yes | No |
|---|
| Token Launchpad | Yes | No |
|---|
| Active bonuses | 2 offers | None |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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