Head-to-head
Backpack vs. Binance
Data as of Oct 31, 2026
| Criterion | ||
|---|---|---|
| Score | 52.9 | 94.7Best |
| Regulation | VARA | VARA |
| Trading Cost | 0.18 %Best | 0.2 % |
| Spread | 0.0129 bps | 0.0013 bpsBest |
| Reported 24h Volume | $5M | $3.4BBest |
| Market Breadth | 88 markets | 3,742 marketsBest |
FAQ
Frequently Asked Questions
Which broker scores higher, Backpack or Binance?
Binance scores higher: 94.7 vs. 52.9 for Backpack.
Which broker has the lower trading costs, Backpack or Binance?
Backpack has the lower trading costs: 0.18 % vs. 0.2 % for Binance.
Which broker has the narrower spread, Backpack or Binance?
Binance has the narrower spread: 0.0013 bps vs. 0.0129 bps for Backpack.
Which broker has the higher reported 24h volume, Backpack or Binance?
Binance has the higher reported 24h volume: $3.4B vs. $5M for Backpack.
Which broker offers the greater market breadth, Backpack or Binance?
Binance offers the greater market breadth: 3,742 markets vs. 88 markets for Backpack.
Is Backpack regulated?
Backpack is regulated by VARA.
Is Binance regulated?
Binance is regulated by VARA.