Written by ForexBrokers.com
In this head to head comparison of Admirals vs Trade Nation, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Admirals and Trade Nation each bring a distinct set of characteristics to the online trading world, yet both are not publicly traded nor banks. Admirals, established in 2001, commands a high level of trust with a ForexBrokers.com Trust Score of 93. Admirals holds four Tier-1 licenses, which are seen as highly trustworthy, and an additional three Tier-2 licenses. These licenses collectively enhance Admirals' reputation for safety and compliance in the industry.
In contrast, Trade Nation has been operational since 2014 and holds a respectable Trust Score of 85 on ForexBrokers.com. Although it operates with two Tier-1 and one Tier-2 licenses, making it trusted, these figures are fewer compared to Admirals. While both brokers cater to different trader needs, Admirals stands out for those prioritizing regulatory security and institutional trust.
| Feature |
Admirals
|
Trade Nation
|
|---|---|---|
| Year Founded | 2001 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing Admirals to Trade Nation regarding commissions and fees, both brokers offer competitive pricing with distinct benefits. Admirals provides a typical spread of 0.8 pips on their Trade account, with similar pricing on the Zero account type. This competitive structure makes Admirals an attractive choice for traders looking for straightforward pricing without additional complexities. Admirals receives a commendable 4.5-star rating for its commissions and fees and is ranked #17 out of 63 brokers by ForexBrokers.com in this category.
On the other hand, Trade Nation stands out with its approach to fixed-spread pricing. It offers a fixed spread of 0.6 pips for the EUR/USD pair on its proprietary platform, while spreads may widen up to 1.4 pips during the daily rollover period. This results in a true average closer to 1 pip. Apart from its fixed spreads, Trade Nation provides two MetaTrader-based accounts, including a commission-based Raw Spread account with a $3.50 commission per side, and a commission-free account. The TN Trader account on their proprietary platform offers the lowest spreads, making it a favorable option for traders prioritizing cost efficiency. Trade Nation shines in this area with a perfect 5-star rating and a ranking of #7 out of 63 brokers.
In summary, both Admirals and Trade Nation offer compelling pricing strategies that cater to different trading preferences. Admirals provides competitive variable pricing with straightforward spreads, while Trade Nation excels with its unique fixed-spread model, especially for those using its proprietary platform. Whether you value consistency in spread costs or a broader choice of account types, both brokers have strong offerings, with Admirals and Trade Nation rated highly for their commissions and fees structures.
| Feature |
Admirals
|
Trade Nation
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 0.8 | 0.6 |
| All-in Cost EUR/USD - Active | 0.8 | 0.6 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Admirals and Trade Nation both provide opportunities for forex trading through CFDs or spot contracts, making both brokers viable options for forex enthusiasts. Admirals, however, offers a broader range of tradeable symbols, with a total of 8702 compared to Trade Nation's 1000. Forex traders will find a more extensive selection of 82 tradeable forex pairs at Admirals, whereas Trade Nation provides access to 46 pairs. Furthermore, Admirals distinguishes itself by offering exchange traded securities on U.S. and international exchanges. This includes the ability for clients to purchase shares such as Apple on the NASDAQ or Vodafone on the London Stock Exchange, a feature not available at Trade Nation. Both brokers offer copy trading and the option to trade cryptocurrency derivatives, although neither provides the ability to purchase actual cryptocurrencies.
When evaluating their range of investments, Admirals receives a higher rating of 4.5 stars versus Trade Nation's 3.5 stars. Admirals also ranks higher in the Range of Investments category according to ForexBrokers.com, securing the 19th position out of 63 brokers, while Trade Nation is ranked at 38. This positions Admirals as a more comprehensive choice for investors seeking a wider array of investment opportunities and market access. Whether it's forex, stocks, or crypto derivatives, Admirals offers greater diversity, making it an appealing choice for more varied and dynamic trading experiences.
| Feature |
Admirals
|
Trade Nation
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 1000 |
| Forex Pairs (Total) | 82 | 46 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Admirals and Trade Nation are two popular online brokers that offer a range of trading platforms and tools to meet various investor needs. Both brokers provide a free virtual demo account, ideal for beginners to practice trading without financial risk. Admirals and Trade Nation each have their proprietary platforms, alongside offering the widely used MetaTrader 4 (MT4), with Admirals extending its offerings to MetaTrader 5 (MT5) as well. Traders on both platforms can enjoy easy access through Windows-based downloads and web-based browser platforms. Additionally, both Admirals and Trade Nation support copy trading, enabling users to mimic the trades of experienced traders. However, neither offers access to DupliTrade or ZuluTrade platforms. Admirals and Trade Nation both offer chart trading, although Trade Nation users cannot trade directly from the stock chart.
Admirals exceeds Trade Nation in some technical capabilities, offering 106 drawing tools for chart analysis compared to Trade Nation's 39. However, Trade Nation pulls ahead with more extensive watch list customization, offering up to 14 columns, whereas Admirals provides seven. Both platforms have received a four-star rating for their trading platforms and tools. In rankings by ForexBrokers.com, Admirals is positioned higher at #19 out of 63 brokers, compared to Trade Nation’s #44 ranking. Each broker has unique strengths, making them suitable for different trading strategies and preferences.
| Feature |
Admirals
|
Trade Nation
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 115 |
| Charting - Drawing Tools (Total) | 106 | 39 |
| Charting - Trade From Chart | Yes | No |
| Watchlists - Total Fields | 7 | 14 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Admirals and Trade Nation provide solid mobile trading apps compatible with iPhone and Android devices, making them accessible for most smartphone users. They both offer stock and forex price alerts, which is convenient for traders who want to stay updated on market movements. While both apps allow users to draw trendlines and view various time frames on charts, a notable distinction between the two lies in technical features. Admirals offers 30 technical studies for charting while Trade Nation surpasses this with 99 studies, providing traders more tools for technical analysis. Additionally, Admirals' app lacks watchlist symbol syncing, a feature available with Trade Nation, allowing for seamless updates between mobile and online accounts.
Both platforms enable the creation of watchlists with real-time quotes and automatically save drawings on charts for a consistent trading experience. In terms of user ratings, Admirals and Trade Nation both hold a respectable four-star rating for their mobile trading apps, reflecting overall customer satisfaction. However, Admirals holds a higher industry rank, placed at #23 compared to Trade Nation’s #45 out of 63 brokers, as evaluated by ForexBrokers.com. This suggests Admirals might slightly edge out in overall user experience and features among the broader brokerage community.
| Feature |
Admirals
|
Trade Nation
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 99 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Admirals and Trade Nation for market research, both platforms offer daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. However, Admirals stands out with additional resources such as technical analysis tools from Trading Central, which are absent in Trade Nation. Admirals also provides unique market research through TipRanks and features an economic calendar to track global news events, adding more depth to their research offerings. Both brokers offer sentiment-based trading tools and resources from Acuity Trading, ensuring comprehensive insights for their users.
Admirals' extensive range of research tools earns it a 4-star rating for research and the 15th rank among 63 brokers on ForexBrokers.com. In contrast, Trade Nation holds a slightly lower 3.5-star rating and ranks 42nd. The distinct advantage of Admirals lies in its broader selection of analysis tools and supplementary resources, making it a more attractive choice for those seeking in-depth market insights.
| Feature |
Admirals
|
Trade Nation
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | Yes |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
Admirals and Trade Nation both provide a solid foundation for beginners looking to learn about forex and CFDs, each offering a range of at least 10 educational materials such as articles and videos. Admirals, however, goes the extra mile by hosting monthly online webinars and maintaining a searchable archive of these sessions, which is absent in Trade Nation's offerings. This makes Admirals a more interactive choice for those keen on engaging directly through live educational content. Both platforms deliver extensive beginner and advanced video tutorials, as well as comprehensive investor dictionaries, ensuring newcomers and seasoned traders alike have access to valuable resources.
When comparing their overall educational standing, Admirals is slightly ahead, rated 4 stars compared to Trade Nation's 3.5 stars. Admirals is also ranked higher by ForexBrokers.com, placing 12th out of 63 brokers, with Trade Nation coming in at #41. This suggests that Admirals may offer a more enriching learning experience due to its added features like regular webinars and an accessible library of past sessions, alongside its range of insightful learning tools. For traders focusing on educational support in their broker selection, Admirals could be the preferred choice.
| Feature |
Admirals
|
Trade Nation
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Admirals is better than Trade Nation. Admirals finished with an overall rank of #18, while Trade Nation finished with an overall rank of #34.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
| Feature |
Admirals
|
Trade Nation
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 85 |
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Both Admirals and Trade Nation do not provide the option to buy actual (delivered) cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.
When comparing online brokers Admirals and Trade Nation in terms of deposit and withdrawal options, Admirals offers a more versatile range of methods including ACH or SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, whereas Trade Nation provides Skrill, Visa or Mastercard, and bank wires but lacks ACH or SEPA transfers and PayPal options.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Admirals | Trade Nation | |
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| Trust Score | 93 | 85 | |
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| Review | Admirals Review | Trade Nation Review |
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| Regulation | Admirals | Trade Nation | |
|---|---|---|---|
| Trust Score | 93 | 85 | |
| Year Founded | 2001 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Admirals | Trade Nation | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Admirals | Trade Nation | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | Trade Nation | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 1000 | |
| Forex Pairs (Total) | 82 | 46 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Admirals | Trade Nation | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | 0.6 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.6 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | Trade Nation | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Admirals | Trade Nation | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Admirals | Trade Nation | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 14 | |
| Charting - Indicators / Studies (Total) | 30 | 115 | |
| Charting - Drawing Tools (Total) | 106 | 39 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | No |
| Mobile Trading | Admirals | Trade Nation | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 99 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | Admirals | Trade Nation | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | No |
| Education | Admirals | Trade Nation | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Admirals | Trade Nation | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Admirals Review | Trade Nation Review |
| Overall | Admirals | Trade Nation | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | Admirals Review | Trade Nation Review |
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