Written by ForexBrokers.com
In this head to head comparison of Trade Nation vs Eightcap, 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.
When comparing online brokers Trade Nation and Eightcap, investors will find both companies offer a trustworthy environment. Established in 2014, Trade Nation holds a Trust Score of 85 out of 99, signifying a "trusted" status according to ForexBrokers.com. Similarly, Eightcap, founded in 2009, also boasts a Trust Score of 85, marking it as equally reliable. Neither broker is publicly traded or functions as a bank.
Examining their regulatory licenses, Trade Nation holds two Tier-1 licenses, placing it in the highly trusted category, along with a Tier-2 license that further supports its credentials. Eightcap, meanwhile, holds three Tier-1 licenses but does not have any Tier-2 licenses. This strong Tier-1 presence means both brokers offer a secure platform for trading, making them appealing choices for investors seeking safety with their investments.
| Feature |
Trade Nation
|
Eightcap
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When it comes to commissions and fees, Trade Nation earns 5/5 stars and ranks #7 out of 63 brokers, while Eightcap earns 4/5 stars and ranks #27 out of 63. Both offer low-cost options, but Trade Nation’s pricing structure is especially appealing if you value predictable spreads, whereas Eightcap’s Raw account is competitive on an all-in basis but not the absolute cheapest in the market.
Trade Nation features fixed spreads on its proprietary TN Trader platform and variable pricing on MetaTrader. EUR/USD is listed at a fixed 0.6 pips, though spreads briefly widen during the daily rollover (about one hour) to as much as 1.4 pips, putting the overall average closer to 1 pip. On MetaTrader, you can choose a commission-free account or a Raw Spread account that charges $3.50 per side ($7 round-trip) per standard lot. In practice, TN Trader typically delivers the lowest all-in costs among Trade Nation’s account choices.
Eightcap offers two account types: a spread-only Standard account and a commission-based Raw account. The Raw account lists an average spread of 0.06 pips for EUR/USD, and after adding the $3.50 per-side commission, the all-in cost works out to roughly 0.76 pips—slightly below the industry average of 0.8 pips. Overall, Eightcap is competitively priced, though it tends to be a touch higher than the very lowest-cost forex brokers.
| Feature |
Trade Nation
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 0.6 | 1.0 |
| All-in Cost EUR/USD - Active | 0.6 | 0.76 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing Trade Nation vs Eightcap for range of investments: Trade Nation lists 1,000 tradeable symbols, while Eightcap offers 803. For forex, Eightcap has the edge with 55 currency pairs versus Trade Nation’s 46. Both let you trade forex as CFDs (and in some cases spot), support copy trading, and offer cryptocurrency CFDs. Neither broker provides access to actual (delivered) crypto or to exchange-traded U.S. or international shares.
Both earn 3.5 out of 5 stars for Range of Investments. In ForexBrokers.com’s 63-broker lineup, Trade Nation ranks 39th and Eightcap ranks 41st. Choose Trade Nation if you want a larger overall list of markets; pick Eightcap if you value a slightly wider set of forex pairs. Both are a fit for CFD-focused traders who want copy trading and crypto CFDs, but not for those seeking real shares or delivered crypto.
| Feature |
Trade Nation
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 803 |
| Forex Pairs (Total) | 46 | 55 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Trade Nation and Eightcap both make it easy to get started with a free demo (paper) account and offer Windows desktop and web-based platforms. Each supports MetaTrader 4 (MT4) and copy trading. If you want MetaTrader 5 (MT5), Eightcap has it while Trade Nation does not. Trade Nation offers its own in-house platform, whereas Eightcap sticks to third-party options. Another difference: Eightcap lets you place trades directly from charts, while Trade Nation doesn’t.
Both brokers earn 4 out of 5 stars for Trading Platforms and Tools, according to ForexBrokers.com, with Eightcap ranked #39 of 63 and Trade Nation ranked #45. If you value an in-house trading experience, Trade Nation may appeal; if you prefer MT5 and the convenience of chart trading, Eightcap is the better fit. Either way, you can test features risk-free with their demo accounts before committing.
| Feature |
Trade Nation
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 115 | 30 |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Trade Nation vs Eightcap: both brokers offer mobile trading apps for iPhone and Android with price alerts and watchlist syncing between the app and your online account. Each app lets you draw trendlines and automatically saves your chart drawings. Both earn 4 out of 5 stars for mobile trading, though Eightcap holds a higher category rank (#39 of 63) than Trade Nation (#46 of 63) on ForexBrokers.com.
The biggest functional difference is charting depth. Trade Nation includes 99 technical studies in its mobile charts, while Eightcap offers 30. If you rely on a wide range of indicators for stock or forex analysis, Trade Nation’s larger library may appeal. If you want a streamlined setup with strong essentials and a slightly higher third‑party ranking, Eightcap is a solid pick. Either way, you get iPhone and Android support, price alerts, synced watchlists, and saved chart work.
| Feature |
Trade Nation
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 99 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Trade Nation and Eightcap both deliver daily market commentary and include a sentiment tool that shows how traders are positioned. Each also integrates research from Acuity Trading (such as Signal Centre). However, neither broker offers research from Autochartist, Trading Central, or TipRanks. Key differences: Trade Nation adds forex news from top-tier outlets like Bloomberg or Reuters, while Eightcap does not; Eightcap provides a built-in economic calendar for tracking upcoming events, while Trade Nation does not.
Both brokers earn 3.5 out of 5 stars for research. In ForexBrokers.com’s rankings out of 63 brokers, Eightcap places #40 and Trade Nation #43. If you want newsroom-grade forex headlines, Trade Nation has the edge; if planning around scheduled data releases is your priority, Eightcap may suit you better.
| Feature |
Trade Nation
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | Yes | Yes |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing education at Trade Nation and Eightcap, both brokers offer at least 10 beginner-friendly trading videos, making it easy to learn core forex and CFD concepts at your own pace. Eightcap adds a key advantage with ongoing educational webinars held at least once a month, which can help new traders ask questions and learn in real time. Trade Nation does not run monthly webinars, so if live sessions matter to you, Eightcap has the edge.
If you plan to grow into more complex topics, Trade Nation includes at least 10 advanced videos for experienced traders, while Eightcap does not. Despite these differences, both brokers earn a 3.5 out of 5 for Education. In ForexBrokers.com’s Education rankings out of 63 brokers, Eightcap sits at #40 and Trade Nation at #41. In short: choose Eightcap if you value live webinars alongside beginner videos; pick Trade Nation if you want deeper advanced video lessons as you progress.
| Feature |
Trade Nation
|
Eightcap
|
|---|---|---|
| Webinars | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Trade Nation is better than Eightcap. Trade Nation finished with an overall rank of #34, while Eightcap finished with an overall rank of #38.
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
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Eightcap
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| Overall Rating |
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| Trust Score | 85 | 85 |
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Online brokers Trade Nation and Eightcap do not let you buy actual (delivered) cryptocurrencies, but both offer cryptocurrency CFDs for trading.
Comparing Trade Nation vs Eightcap for funding options: neither supports ACH or SEPA; Eightcap offers PayPal, Skrill, and bank wire transfers, while Trade Nation’s support for PayPal, Skrill, and bank wires is not specified, and Visa/Mastercard availability is unclear for both.
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 | Trade Nation | Eightcap | |
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| Trust Score | 85 | 85 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | Eightcap Review |
| Broker Screenshots | Trade Nation | Eightcap | |
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| Regulation | Trade Nation | Eightcap | |
|---|---|---|---|
| Trust Score | 85 | 85 | |
| Year Founded | 2014 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| 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). | No | Yes |
| Tier-2 Licenses (Trusted) | Trade Nation | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Trade Nation | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 803 | |
| Forex Pairs (Total) | 46 | 55 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.6 | 1.0 | |
| All-in Cost EUR/USD - Active | 0.6 | 0.76 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Trade Nation | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Trade Nation | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 115 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Trade Nation | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 99 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | Trade Nation | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | Eightcap | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Trade Nation | Eightcap | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Trade Nation Review | Eightcap Review |
| Overall | Trade Nation | Eightcap | |
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| Trust Score | 85 | 85 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | Eightcap Review |
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