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Trade Nation vs Alpari 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Trade Nation vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Trade Nation
4/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 85
  • Tradeable Symbols (Total): 1000
Alpari
3.5/5 Stars Overall
  • Minimum Deposit: $20
  • Trust Score: 68
  • Tradeable Symbols (Total): 105

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.

Regulation

When comparing online brokers Trade Nation and Alpari, their trustworthiness plays a significant role. Trade Nation, established in 2014, boasts a ForexBrokers.com Trust Score of 85, indicating it is a trusted platform. It holds two Tier-1 licenses, which are highly trusted, and one Tier-2 license. In contrast, Alpari, founded in 1998, has a Trust Score of 68, putting it in the high-risk category. Alpari lacks Tier-1 and Tier-2 licenses, which might be a consideration for those prioritizing regulatory reassurance.

Both brokers are not publicly traded and do not operate as banks. While Trade Nation shines with its regulatory compliance and higher trust score, Alpari's longer presence in the market might attract those looking for a broker with a lengthy track record. However, for investors looking for more secure regulatory credentials, Trade Nation seems to have the upper hand based on licensing and trust ratings.

Feature Trade Nation logoTrade Nation
Alpari logoAlpari
Year Founded info 2014 1998
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 0
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1

Fees

Trade Nation’s commissions and fees are easy to understand thanks to fixed-spread pricing on its TN Trader platform and variable spreads on MetaTrader. The EUR/USD spread is listed at 0.6 pips and typically stays fixed as prices move, except for a brief daily rollover (about one hour) when spreads can widen up to roughly 1.4 pips. Factoring that window brings the effective average close to 1 pip. Account choices include a MetaTrader Raw Spread account that charges a $3.50 commission per side ($7 round-trip) per standard lot, a commission-free MetaTrader account with wider spreads, and the TN Trader account, which often delivers the lowest all-in cost among the three. For commissions and fees, Trade Nation earns 5 out of 5 stars and ranks #7 of 63 brokers.

By contrast, Alpari does not publish average spread data, so its day-to-day trading costs are harder to compare at a glance. While you can still check live quotes to gauge pricing, the lack of published averages means there’s less clarity around typical spreads. For commissions and fees, Alpari is rated 4 out of 5 stars and ranks #42 of 63 brokers.

If predictable pricing matters, Trade Nation’s fixed spreads and clear commission options make it straightforward to estimate your all-in costs, whether you choose commission-free spreads or the Raw Spread account on MetaTrader. If you’re considering Alpari, plan to verify spreads in real time and factor in any account-specific charges to understand your total trading costs. Overall, Trade Nation comes out ahead in the commissions and fees category based on its rating and ranking.

Feature Trade Nation logoTrade Nation
Alpari logoAlpari
Minimum Deposit info $0 $20
Average spread (EUR/USD) - Standard account info 0.6 N/A info
All-in Cost EUR/USD - Active info 0.6 N/A info
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Trade Nation and Alpari both let you trade forex as CFDs or spot, and each lists 46 forex pairs. The big difference is breadth: Trade Nation offers about 1,000 tradeable symbols versus Alpari’s 105. Both support copy trading. Neither broker lets you buy actual cryptocurrency, but each offers cryptocurrency CFDs for speculative exposure.

When it comes to exchange-traded securities, neither broker provides access to U.S. stocks, but Alpari does offer some international exchange-traded shares, while Trade Nation does not. On Range of Investments, ForexBrokers.com rates Trade Nation 3.5 stars (ranked 39th of 63) and Alpari 3 stars (ranked 64th of 63). In short, choose Trade Nation if you want a larger overall list of markets, or consider Alpari if access to certain international exchange-traded shares matters to you.

Feature Trade Nation logoTrade Nation
Alpari logoAlpari
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1000 105
Forex Pairs (Total) info 46 46
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

Trade Nation and Alpari both make it easy to get started with a free demo account and offer plenty of ways to trade. Each broker provides a proprietary (in-house) platform alongside MetaTrader 4 (MT4), plus a Windows desktop download and a web-based platform. Copy trading is available at both. One key difference: Alpari also supports MetaTrader 5 (MT5), while Trade Nation does not.

When it comes to tools, Alpari lets you place trades directly from charts, whereas Trade Nation does not. Both are rated 4 out of 5 stars for Trading Platforms and Tools. In ForexBrokers.com’s rankings, Trade Nation sits at #45 out of 63 brokers for this category, while Alpari is #56. If you want MT5 and chart trading, Alpari has the edge; if you prefer a straightforward setup with MT4 and copy trading, Trade Nation is a solid alternative.

Feature Trade Nation logoTrade Nation
Alpari logoAlpari
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No Yes
Charting - Indicators / Studies (Total) info 115 30
Charting - Trade From Chart info No Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Trade Nation vs Alpari mobile app: both brokers offer iPhone and Android apps with price alerts, and both let you draw trendlines on charts. Trade Nation stands out for watchlist syncing between the mobile app and your online account, while Alpari does not sync watchlists. For charting, Trade Nation provides 99 technical studies compared with Alpari’s 30. Trade Nation also auto-saves chart drawings; Alpari does not.

Ratings are tied at 4 out of 5 stars for mobile trading apps, but ForexBrokers.com ranks Trade Nation higher (#46 of 63) than Alpari (#57 of 63). If you want richer charting tools and synced watchlists for forex or CFDs, Trade Nation is the stronger pick; if you only need the basics on iPhone or Android, both apps will get the job done.

Feature Trade Nation logoTrade Nation
Alpari logoAlpari
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 99 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes No

Dive deeper: Best Forex Trading Apps.

Market research

Comparing Trade Nation vs Alpari for market research: both brokers provide forex news from top-tier sources. Trade Nation adds daily market commentary and a sentiment tool that shows how many traders are long or short on different markets. Alpari, by contrast, does not publish daily commentary and lacks a sentiment tool, but it does include Autochartist for technical or fundamental analysis and offers an economic calendar. Neither broker offers Trading Central.

On third-party research, Trade Nation includes Acuity Trading’s tools (e.g., Signal Centre) but does not provide TipRanks; Alpari’s support for TipRanks or Acuity Trading isn’t specified in the data above. According to ForexBrokers.com, Trade Nation holds a 3.5-star research rating and ranks 43rd out of 63 brokers, while Alpari has a 3-star rating and ranks 58th—suggesting Trade Nation has the edge for research features.

Feature Trade Nation logoTrade Nation
Alpari logoAlpari
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central info No No
Client sentiment data info Yes No
TipRanks info No
Acuity Trading info Yes
Economic Calendar info No Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Both Trade Nation and Alpari provide forex and CFD education with at least ten pieces of content, giving beginners a clear place to start. Each broker offers 10+ beginner-focused videos that explain key trading ideas in plain language. However, neither runs monthly educational webinars, so live, recurring lessons aren’t part of the experience.

Where they differ is depth for the next step. Trade Nation adds 10+ advanced videos for when you’re ready to go beyond the basics, while Alpari falls short on advanced video content. That edge is reflected in independent scores: Trade Nation earns 3.5 out of 5 stars for Education and ranks 41st out of 63 brokers on ForexBrokers.com, compared with Alpari’s 3 stars and a 48th-place ranking. For beginners who want a video-led path that can grow with them, Trade Nation has the slight advantage; Alpari still offers useful starter material but less to progress into.

Feature Trade Nation logoTrade Nation
Alpari logoAlpari
Webinars info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Trade Nation is better than Alpari. Trade Nation finished with an overall rank of #34, while Alpari finished with an overall rank of #58.

Trade Nation’s well-designed, easy-to-use trading app is an innovative trading platform that’s great for beginner forex and CFD traders. However, if you’re a seasoned trader, you may find that Trade Nation lacks advanced features compared to the best trading platforms.

Feature Trade Nation logoTrade Nation
Alpari logoAlpari
Overall Rating info 4/5 Stars 3.5/5 Stars
Trust Score info 85 68
Range of Investments 3.5/5 Stars 3/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Trade Nation or Alpari?

Trade Nation vs Alpari: neither broker supports purchasing actual (delivered) cryptocurrency, but both offer cryptocurrency CFDs for trading exposure.

What funding options does each broker offer?

Trade Nation vs Alpari: both brokers do not support ACH/SEPA or PayPal for deposits and withdrawals, both support Skrill and bank wire transfers, and Visa/Mastercard availability is not specified for either.




announcementPlease 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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Compare

0 of 5
Overall Rating Trade Nation Alpari
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 85 68
Winner check_circle
Review Trade Nation Review
Broker Screenshots Trade Nation Alpari
Broker Gallery (click to expand) info
Regulation Trade Nation Alpari
Trust Score info 85 68
Year Founded info 2014 1998
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info No info
Tier-1 Licenses info 2 0
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1
Tier-1 Licenses (Highly Trusted) Trade Nation Alpari
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info No info No info
Tier-2 Licenses (Trusted) Trade Nation Alpari
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments Trade Nation Alpari
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1000 105
Forex Pairs (Total) info 46 46
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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 Trade Nation Alpari
Average spread (EUR/USD) - Standard account info 0.6 N/A info
All-in Cost EUR/USD - Active info 0.6 N/A info
Inactivity Fee info No No
Order execution: Agency info No Yes
Order execution: Market Maker info Yes Yes
Funding Trade Nation Alpari
Minimum Deposit info $0 $20
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info No No
Trading Platforms Trade Nation Alpari
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
Trading Tools Trade Nation Alpari
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 115 30
Charting - Trade From Chart info No Yes
Charts can be saved info No Yes
Mobile Trading Trade Nation Alpari
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 99 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes No
Mobile Research - Economic Calendar info No Yes
Research Trade Nation Alpari
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central info No No
TipRanks info No
Client sentiment data info Yes No
Economic Calendar info No Yes
Education Trade Nation Alpari
Webinars info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs Trade Nation Alpari
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review Trade Nation Review
Overall Trade Nation Alpari
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 85 68
Winner check_circle
Review Trade Nation Review
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