Head-to-head
Backpack vs. Binance
Data as of Sep 15, 2026
| Criterion | ||
|---|---|---|
| Score | 53.0 | 98.4Best |
| Regulation | VARA | VARA |
| Trading Cost | 0.18 %Best | 0.2 % |
| Spread | 0.0131 bps | 0.0013 bpsBest |
| Reported 24h Volume | $11.3M | $10.9BBest |
| Market Breadth | 87 markets | 3,699 marketsBest |
FAQ
Frequently Asked Questions
Which broker scores higher, Backpack or Binance?
Binance scores higher: 98.4 vs. 53.0 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. 0.0131 bps for Backpack.
Which broker has the higher reported 24h volume, Backpack or Binance?
Binance has the higher reported 24h volume: $10.9B vs. $11.3M for Backpack.
Which broker offers the greater market breadth, Backpack or Binance?
Binance offers the greater market breadth: 3,699 markets vs. 87 markets for Backpack.
Is Backpack regulated?
Backpack is regulated by VARA.
Is Binance regulated?
Binance is regulated by VARA.