Our comprehensive ranking table of the top reputable forex platforms is analyzed deeply and compiled independently, objectively without bias based on our strict evaluation process.
1. Binance
+ More than 150 tradable cryptocurrencies for U.S. customers
+ Low fees
+ Wide selection of trading options and order types
- U.S. version is more limited
- The platform is complex and may be confusing
- Binance has run into regulatory trouble in several countries
+ Up to 100x leverage on crypto
+ Advanced tools supported by great technology
+ Risk-free test environment to learn and experiment
+ Educational resources
- Not available in the U.S.
- Crypto derivatives are extremely risky
- Lacks a mechanism to protect the interests of traders in the event of controversial issues
+ BingX offers contracts tied to indices, commodities, forex market, and cryptocurrencies.
+ Copy Trading Platform Available
+ Demo Account Available
+ High Leverage For Certain Assets
+ Well-Integrated Platforms
4. BingX
- No U.S. Investors Permitted
- Customer support is available via email and live chat, but the broker does not have a call center.
- Inadequate information on the exchange’s security.
+ Supports over 1,500 cryptocurrencies
+ Good altcoin platform with 1,500+ cryptocurrencies to trade
+ Supports multiple payment methods
+ Cutting-edge security features
+ Leveraged EFT's are unique in the market
+ Offers 0% spot trading maker fee and competitive Futures fee
- No FIAT withdrawals
- Only a few cryptocurrencies supported on Quick Buy
- Is not supported in the United States
- Average customer ratings on review websites
+ Bitget does not charge you any fees if you want to buy cryptocurrency.
+ Service of copying trades for receiving passive income
+ Ability to reduce commissions using credits earned in the bonus program
+ Availability of demo accounts
+ The exchange uses hot and cold cryptocurrency wallets to store client funds.
- Deposits and withdrawals in fiat currencies are not available.
- Crypto trading is prone to higher risks.
- There are no educational materials for novice traders on the exchange website.
+ Large trading volumes, loads of cryptocurrencies, and tokens;
+ Convenient and functional mobile application
+ Low fees (especially with VIP status)
+ You can get the status of a market maker and an ambassador
- The payment methods do include wire transfers, and VISA & MASTERCARD are not available for all providers.
- Some of the past user reviews have not been pleasant due to delayed transactions, albeit this was not a frequent observance.