If you’re into trading, you’ve probably heard of Quantfury and Binance. Binance is a huge platform that offers everything in one place but charges fees. Quantfury is simpler, cleaner, and has no fees.
Both are popular and designed for traders. So, which one should you pick? By reading this, you’ll find out which one can better meet your needs.
What Makes People Compare Quantfury and Binance?
Most traders compare them mainly because of cost. Quantfury offers no fees, no borrowing costs, and prices that reflect the real market. Binance offers low fees, lots of liquidity, and thousands of crypto trading pairs.
For a quick overview, you can see the comparison table below.
About Quantfury
Quantfury was started by Lev Mazur and a small team of traders and financial engineers. Their goal was simple: to eliminate all trading fees, commissions, and hidden charges. And yes, the app actually accomplishes that.
What You Can Trade on Quantfury
Quantfury lets you trade in stocks, ETFs, cryptocurrencies, commodities, forex pairs, and index futures. Prices are updated in real-time from major exchanges like NYSE, NASDAQ, CME, Binance, and Coinbase. The price you see is the price you pay, no extra fees or markups.
How They Make Money
Quantfury generates revenue from the natural differences between buy and sell prices, as well as from anonymous data about traders. It doesn’t earn from your fees. It’s a mobile-focused brokerage designed to be low-cost and user-friendly.
Who Quantfury Is Good For
In my experience, Quantfury is best for beginners, small and mid-level traders, and anyone who wants to trade stocks and crypto without paying fees. It’s great for people who dislike complicated interfaces. The app is clean, smooth, and simple, especially compared to Binance.
Pros of Quantfury
- Zero commissions, zero borrowing costs
- Real spot prices from major exchanges
- Fractional trading on 1,500+ stocks, ETFs, and futures
- No hidden spreads
- Perfect for beginners
- Multi-asset trading in one place
- Growing user base (1M+ by 2025)
- Very clean mobile interface
Cons of Quantfury
- No demo account
- No futures or options
- No explicit leverage on crypto or stocks
- Can’t long and short the same asset
- Some withdrawal complaints in reviews
- Not available in the U.S., Canada, and several countries
- Only lightly regulated (FCA-registered but SCB-licensed)
- Liquidity depends on external exchanges
So Quantfury wins on simplicity and fairness, but it’s not meant for advanced users.
Binance Overview
Binance is very different from Quantfury. Instead of keeping things simple, Binance emphasizes offering a wide range of trading options, ample liquidity, and advanced tools for experienced traders.
It was started by Changpeng Zhao, also known as CZ, and now has over 270 million users in more than 180 countries.
What You Can Trade on Binance
Binance offers a lot of ways to trade cryptocurrencies. You can choose from over 500 different cryptocurrencies and more than 1,500 trading pairs. It supports spot trading, margin trading with up to 125 times leverage, futures trading, options, and peer-to-peer trading. You can also earn through staking, savings, and lending.
Additionally, Binance has its own NFTs and tokens on its blockchain called BNB Chain or BEP-20. If Quantfury is a small cozy café, Binance is like a huge shopping mall.
Binance Fees
The standard fee on Binance is 0.1% for each trade, which drops to 0.075% if you pay with BNB. There are also additional fees for withdrawals, currency conversions, and card payments (which vary by region).
While not expensive, these fees are definitely higher than the free service offered by Quantfury.
Pros of Using Binance
- Largest liquidity in the crypto world
- Fast execution with minimal slippage
- Advanced tools and charting
- Up to 125x futures leverage
- Demo account available
- Strong security (2FA, cold wallets, whitelisting)
- Huge product ecosystem
Cons of Using Binance
- Very complex for beginners
- Crypto-only (no stocks, no ETFs)
- Heavily scrutinized by regulators
- Banned or restricted in several countries
- Customer support is slow and often automated
- Faced major legal cases in 2023
If you enjoy trading in active crypto markets with lots of options and leverage, Binance is the best. But if you’re new, it might seem a bit confusing.
Quantfury vs Binance: Side-by-Side Comparison
Quantfury lets you trade many assets without any fees, while Binance provides lots of crypto liquidity and advanced tools.
1. Trading Fees
Quantfury has no fees or commissions, and there are no costs for funding or overnight positions. While Binance charges a 0.1% trading fee and may have additional fees for withdrawals and conversions.
Overall, Quantfury is completely free, making it the better choice.
2. Asset Variety
Quantfury offers a variety of assets, including cryptocurrencies, stocks, ETFs, commodities, forex, and index futures.
Binance, on the other hand, mainly deals with cryptocurrencies, offering over 500 coins plus derivatives.
3. Liquidity
Quantfury’s liquidity depends on external exchanges, which may cause slippage during high market volatility. It has a smaller user base of over 1 million. In contrast, Binance offers over $23 billion in daily spot trading volume, has over 270 million users, and features deep order books.
4. Regulation & Trust
Quantfury is a platform subject to specific regulations: it holds a reference number from the FCA. Still, it isn’t fully regulated, is licensed in the Bahamas under light regulations, and has received warnings from Spain and Russia.
Binance is known for strong security but faces major regulatory challenges, including a legal case in the U.S. in 2023, and is banned in some countries.
5. User Experience
Quantfury is very easy to use, works only on mobile devices, and has a high rating of 4.5 stars on Google Play. It’s quick to learn.
Binance works on both mobile and web, offers many features, and is suitable for professionals. However, it can be confusing for beginners.
6. Leverage
Quantfury offers leverage based on your account balance, but it doesn’t allow for very high leverage, futures, or options.
Binance, on the other hand, offers leverage of up to 125 times, along with a range of derivative products. Overall, Binance has a big advantage.
7. Withdrawals
Quantfury supports both cryptocurrencies and bank transfers for withdrawals, but there are many complaints that payments are delayed.
While Binance supports almost all local payment methods and their payments are quick and secure, fees apply.
8. Availability
Quantfury is not available in the US and Canada, which is their biggest disadvantage. It is available in over 60 other countries, including England, Wales, and Poland. Meanwhile, Binance is accessible in nearly all countries worldwide (180+), including the US and Canada.
FAQs
Q1. Is Quantfury safer than Binance?
Not quite. Both have risks, but they are different. Quantfury has light regulation. Binance is watched by many regulators worldwide but has better security systems.
Q2. Which has lower fees, Quantfury or Binance?
Quantfury has no trading fees or borrowing costs, so it is cheaper overall. Binance charges low fees, but these can add up, especially when you withdraw, convert currencies, or trade cryptocurrencies often.
Q3. Which is better for crypto trading?
Binance is better for active crypto traders because it has a lot of liquidity, advanced charts, many different coins, and futures trading with high leverage. Quantfury is easier to use but not suitable for serious crypto trading strategies.
Q4. Does Quantfury really use real spot prices?
Yes. Quantfury gets real-time prices from big exchanges like NYSE, NASDAQ, CME, Binance, and Coinbase. This means the price you see is the actual market price, with no extra charges.
