What Is Binance Broker Program

Roboforex offers over 100 instruments and over 35 currency pairs in total.Roboforex offers traders both of the MetaTrader platforms; MT4 and MT5 plus the cTrader platform developed for traders. Trade.com is aforex trading services broker which gives investors access to a wide variety of instruments in numerous markets including currencies, commoditiesand bonds. For traders who are interested in cryptocurrencies likeBitcoin or Binance, Trade.com offers cryptocurrency CFDs.

NordFXoffers Forex trading with specific accounts for each type of trader, including Zero accountswhich offers spreads from 0 pips. FBS offers users the option to trade on Forex, Indices, Stocks, Metals and Energies across the MetaTrader 4, MetaTrader 5 and FBS Trader trading platforms . Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks. BrokerChooser does not provide investment or any other advice, for further information please read our General Terms and Conditions.

Filter according to broker or product type, including stocks, futures, CFDs or crypto. IQ Option is a broker developed under the IQ Option Europe company which was founded in 2013. IQ Option offers its clients services in binary options, stocks and shares, currencies, and ETF trading. Exness offers traders 5 different trading accounts to choose from and over 105 different instruments to trade, including over 103 currency pairs. For those who are looking to start out with AvaTrade will need a minimum deposit of $250 and a demo account is available for those who want to get acquaint with the popular MT4 forex trading platform. Binance Coinor BNB, is a cryptocurrency token or coin which is issued by Chinese Crypto Exchange Binance.

Binance Coin was created to finance Binance’s foundation plus be used by the exchange in order to give discounts to Binance’s customers who pay a trading fee to the exchange as part of a loyalty program. At present, BNB primarily trades on the Binance exchange where it can be exchanged for other cryptocurrencies. BNB, at present is Binance’s native coin which will remain involved in the planned decentralised Binance exchange project –Binance DEX.

Exness is authorised by the Financial Services Authority of Seychelles and was founded in 2008. OctaFXis an online broker which was founded in 2011, offering Forex trading. AsOctaFXis regulated by the Financial Conduct Authority , each new client must pass a few basic compliance checks when signing up for an account. OctaFXhas won numerous industry awards over the course of 9 years and is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5.

Normally pricing ranges from 0.05 percent of your order to 0.3 percent. Traders can also buy and sell Bitcoin futures as well as take advantage of substantial volume trading discounts. Binance is one of the largest crypto exchanges by trading volume, and it has a very wide product range compared with other crypto exchanges reviewed by BrokerChooser. Binance was originally based in Hong Kong, but its current corporate structure is quite opaque, not helped by the fact that the company is not listed on any exchange.

Binance was originally based in Hong Kong; it now operates in various jurisdictions but the governing law of its terms is still Hong Kong law. Its orporate structure is opaque; it is not possible to tell what the legal entity is at which you open your account. Binance offers an options trading platform as well, where you can trade European-style vanilla options on crypto-currencies. You can initiate withdrawals from your Binance account in both fiat currencies and digital currencies. The cost of withdrawal depends on the currency you want to transfer and the method you use. Compare selected brokers by their fees, minimum deposit, withdrawal, account opening and other areas.

Binance launched the Binance Broker Partner Program, with the initial recruitment of 1,000 Binance Brokers that provide digital asset trading services for global users via API. Be a Binance Broker Partner right now, we are making it more rewarding for you, especially if you’re interested in being a broker for Binance Futures. Right now, about 50% of our brokers support Binance Futures, and we’ll make it more rewarding for you to be among our broker partners for futures. Bankrate is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website.

Setting up Binance Spot Broker Profile

Benefit from the Binance Broker Program by being able to integrate Binance’s real-time trading information and provide that to their users as a value-added service. For instance, blockchain infrastructure project Streamr recently integrated with Binance for real-time trade feeds, benefiting its algorithmic trading clients by providing sentiment data and other beneficial information. Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first.

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Binance Broker Profile

Binance has a separate trading platform to trade futures on coins. You can trade perpetual or quarterly contracts; settlement can take place in coins or in USD stable coins. You can use many services with the base account, but if you want to trade meet the frugalwoods review more complex derivatives, you have to open a futures or an options account. Non-trading fees include charges not directly related to trading, like deposit and withdrawal fees, inactivity fees, conversion fees and bank transfer fees, among others.

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Enjoy unlimited access to exclusive API functions backed by the world’s largest cryptocurrency exchange. Integrate the Binance Fiat widget and provide your customers with a safe way to buy, sell and trade cryptocurrency from your website. Here are the basics on how Bitcoin mining works and some key risks to be aw… Here are the largest cryptocurrencies by the total dollar value of the coin… For example, at the start of 2017, the price of Bitcoin broke through the $1,000 barrier. By the end of the year, the digital currency had reached nearly $20,000.

What Is Binance Broker Program

The sub-account’s USDT-Ⓜ futures commission of a symbol equals to the base commission of the symbol on the sub-account’s fee tier plus the commission adjustment. Binance will use 10% of the revenue generated from this program to reward the top 10 Binance brokers ranked by trading volume. Within the niche markets they operate in, each of our broker partners are able to offer their respective benefits, further powered by Binance technology. Instantly deliver top-rated crypto broker services to your customers with an easy to use plug and play API.

Some less popular services, however, are implemented in an embedded browser window only. Binance only charges a 2% fee for credit/debit instant buy orders, which is the lowest among reviewed peers. The standard trading fee for trading crypto assets on Binance is 0.1%. If you have any positive BNB balance forex strategies for beginners on your Binance account, the trading fee is reduced to 0.075%. These are mostly commissions, but some exchanges may also charge spreads . The sub-account’s COIN-Ⓜ futures commission of a symbol equals to the base commission of the symbol on the sub-account’s fee tier plus the commission adjustment.

The City Index trading platform offers traders a range of customisation options, which includes 16 chart types with 65+ indicators specifically designed for investors to perform technical analysis. May also see the value in being able to integrate with a leasing cryptocurrency exchange like Binance. Charles Schwab is routinely one of Bankrate’s picks for top broker, and this investor-friendly company offers trading in Bitcoin futures. Schwab also has no account minimum, but any futures contracts you trade will require some minimum margin to hold them open. Schwab offers an attractive commission of $1.50 per contract, and if you’re able to bring big money to the table, you’ll receive a welcome bonus, too. Bankrate.com is an independent, advertising-supported publisher and comparison service.

Binance has advanced trading platforms, as well as the lowest fees and the widest product selection among reviewed exchanges. It offers many other products beyond spot trading, such as derivatives trading, staking or a crypto debit card. Binance has many trading platforms where you can buy and sell digital currencies. There is a simple one for beginners, designed to convert fiat currencies to crypto or one crypto to another on the spot market quickly and easily.

If you want more options, Binance provides advanced trading platforms as well. On the Classic or Advanced platforms, you can trade using a terminal-style interface with many charting tools and advanced order types. As part of this program, Binance provides our broker partners with order matching services, account management, and settlement systems.

Desktop Investment Platform

NameTypeMandatoryDescriptionsubAccountIdSTRINGYESstartTimeLONGYESendTimeLONGYESpageLONGNOdefault 1sizeLONGNOdefault 500，max500recvWindowLONGNOtimestampLONGYESOnly get the latest history of past 7 days. This request will generate a sub account under your brokerage master account. Global sectionYou can set the Timing security interval to specify the time during which the request is considered to be active. FBS is a Forex and CFD broker which is authorised and regulated by the International Financial Services Commission of Belize and the Cyprus Securities and Exchange Commission . XTB is a European broker which was founded in 2002, and has offices in 13 countries across the globe. XTB is regulated by the UK Financial Conduct Authority and has been listed on the Warsaw Stock Exchange since 2016.

But it sprung back to life in 2019, rising to more than $10,000 and then significantly higher — crossing the $60,000 level in early 2021. It touched an all-time high above $68,000 in November 2021, but has since been under intense pressure. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Our goal is to give you the best advice to help you make smart personal finance decisions.

OANDA is a globally regulated Forex and CFD broker which also provides corporate Forex solutions and currency conversion. Users have the choice to trade on Forex, Indices, Metals, Commodities and Bond CFDs on the broker’s own proprietary trading platform for desktop, web and mobile, as well as on MetaTrader4. Binance Broker Program enables enterprise clients to build their business with Binance technology while earning commission from trading fees by leveraging Binance’s liquidity and market depth. Whenever you’re selecting a broker, it’s important to consider all of your needs.

BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you . This material and any information contained herein is provided to You for information purposes only. At Binance, you can stake coins and stablecoins as well, allowing you to earn staking rewards on your holdings. However, staked assets are not covered by insurance against losses and are not eligible for Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections. It has been operating since 2017, making it the youngest service provider among close competitors reviewed by BrokerChooser. Margin rates and borrowing limits depend on your BNB balance and trade volume.

For logging in, there’s a mandatory two-factor authentication system. The platform sends you an SMS or email or both with a code every time you log in from a new device. You can use a security key or Google Authenticator to make your account even safer. You also have to solve a simple puzzle every time you log in, unless you’re using Face ID. All in all, Binance has put quite some effort into making your account and your login experience safe.

This makes assessing the risks of dealing with Binance difficult and can be problematic if you have an issue to solve with Binance. Binance is not available in the United States, while the British regulator FCA has recently issued a customer warning on one of Binance’s subsidiaries. Although there’s no forum on the website itself, Binance experts do weigh in and offer assistance on forums on third-party sites such as Reddit.

Any estimates based on past performance do not a guarantee future performance, and prior to making any investment you should discuss your specific investment needs or seek advice from a qualified professional. Binance provides a large selection of different educational materials. They mainly discuss crypto-related issues, but general topics related to trading and investment are also covered.

Binance review Extra features

Similarly to most exchanges, the fee you pay depends on your traded volume. Binance offers discounted trading costs depending on your traded volume and your Binance coin holding and whether you take or make liquidity. City Index is a world leader in spread betting, FX and CFD Trading, regulated by the Financial Conduct Authority .

We had mixed experience with the usefulness of the answers provided by the chatbot, but after a few minutes of waiting time, a live agent was always able to answer our questions. Just as on the web platforms, a first-time login requires two-step authentication. For subsequent logins, you can use convenient features like fingerprint authentication. However, we encountered issues with Face ID during our test, as we had to re-enable it many times, making the use of the app quite uncomfortable.

Query Sub Account Api Key

While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Recent performance of several crypto currencies might make it tempting to start trading digital currencies. Binance was founded in 2017, making it one of the younger crypto exchanges out there. However, when it comes to usage data, the number of clients and trading volume, it is already among the biggest.

While some traders like to own the currency directly, others turn to the futures market. Futures may be an even more attractive way to play the volatility of digital currencies such as Bitcoin, because they allow traders to use leverage to magnify their gains . But futures involve a lot more risk in exchange for that potentially higher reward. Binance charges a 1.8% fee if you deposit by credit/debit card, which, by the way, is a unique feature among reviewed competitors. At other exchanges, you can use your credit/debit card only to initiate instant buy orders; depositing fiat money via card is usually not possible. Binance does not charge an inactivity fee or any account management fees.

So many brokers are offering stock trading & Demat services in India , which one is best, which one provides the services at lowest price , provides best mobile trading application, best research team , etc. Gyula Lencsés, CFA has more than 10 years of experience in the financial industry. He spent most of his career in the wealth management business as a portfolio manager of mutual funds. He has a trading experience in a wide range of asset classes, including stocks, ETFs, bonds, commodities, forex and derivatives markets. Binance’s basic web trading platform is quite easy to use – if you manage to find it, that is. Binance offers many different platforms for trading; if you want to navigate to the basic platform, click ‘Trade’ and then ‘Convert’.