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Trade Nation vs Eightcap 2022

Is Trade Nation better than Eightcap? In our analysis of 23 international regulators across 39 brokers, Trade Nation is considered average-risk, with an overall Trust Score of 83 out of 99. Eightcap is considered average-risk, with an overall Trust Score of 87 out of 99. Learn more about Trust Score.

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Overall Rating expand_moreexpand_less Trade Nation Eightcap
Overall Rating starstarstarstarstar starstarstarstarstar
Commissions & Fees starstarstarstarstar starstarstarstarstar
Offering of Investments starstarstarstarstar starstarstarstarstar
Platform & Tools starstarstarstarstar starstarstarstarstar
Mobile Trading starstarstarstarstar starstarstarstarstar
Research starstarstarstarstar starstarstarstarstar
Education starstarstarstarstar starstarstarstarstar
Trust Score 83 87
Regulation expand_moreexpand_less Trade Nation Eightcap
Trust Score 83 87
Year Founded 2014 2009
Publicly Traded (Listed) No No
Bank No No
Tier-1 Licenses 2 2
Tier-2 Licenses 1 1
Tier-3 Licenses 1 1
Authorised in European Union No Yes
Tier-1 Licenses (High Trust) expand_moreexpand_less Trade Nation Eightcap
ASIC Authorised (Australia) Yes Yes
IIROC Authorised (Canada) No No
SFC Authorised (Hong Kong) No No
CBI Authorised (Ireland) No No
FSA Authorised (Japan) No No
MAS Authorised (Singapore) No No
FINMA Authorised (Switzerland) No No
FCA Authorised (U.K.) Yes Yes
CFTC Registered (USA) No No
FMA Authorised (New Zealand) No No
Tier-2 Licenses (Average Trust) expand_moreexpand_less Trade Nation Eightcap
CBRC Authorised (China) No No
CySEC Authorised (Cyprus) No Yes
NSE Authorised (India) No No
ISA Authorised (Israel) No No
CBR Authorised (Russia) No No
FSCA Authorised (South Africa) Yes No
SEC Authorised (Thailand) No No
DFSA / Central Bank Authorised (UAE) No No
Tier-3 Licenses (Low Trust) expand_moreexpand_less Trade Nation Eightcap
SCB Authorised (Bahamas) Yes No
IFSC Authorised (Belize) No No
CIMA Authorised (Cayman Islands) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands) No No
FSC Authorised (Mauritius) No No
VFSC Authorised (Vanuatu) No Yes
Investments expand_moreexpand_less Trade Nation Eightcap
Forex Trading Yes Yes
Trading - Forex or CFDs Yes Yes
Tradeable Symbols (Total) 601 326
Forex Pairs (Total) 33 45
U.S. Stock Trading (Non CFD) No No
Int'l Stock Trading (Non CFD) No No
Social Trading / Copy Trading No Yes
Cryptocurrency (Physical) No No
Cryptocurrency (CFD) No Yes
Cost expand_moreexpand_less Trade Nation Eightcap
Average Spread EUR/USD - Standard 0.6 N/A
All-in Cost EUR/USD - Active 0.6 0.76
Active Trader or VIP Discounts No No
Execution: Agency Broker No Yes
Execution: Market Maker Yes Yes
Funding expand_moreexpand_less Trade Nation Eightcap
Minimum Initial Deposit $0 $100
Bank Wire (Deposit/Withdraw) Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes
PayPal (Deposit/Withdraw) No Yes
Skrill (Deposit/Withdraw) Yes Yes
Trading Platforms expand_moreexpand_less Trade Nation Eightcap
Proprietary Platform Yes No
Desktop Platform (Windows) No Yes
Web Platform Yes Yes
Social Trading / Copy Trading No Yes
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) No Yes
cTrader No No
DupliTrade No No
ZuluTrade No No
Trading Tools expand_moreexpand_less Trade Nation Eightcap
Virtual Trading (Demo) Yes Yes
Alerts - Basic Fields Yes Yes
Watchlists - Total Fields 12 7
Charting - Indicators / Studies (Total) 35 30
Charting - Drawing Tools (Total) 95 15
Charting - Trade From Chart No Yes
Charts can be saved No Yes
Mobile Trading expand_moreexpand_less Trade Nation Eightcap
Android App Yes Yes
Apple iOS App Yes Yes
Mobile Alerts - Basic Fields Yes Yes
Mobile Watchlist Yes Yes
Watchlist Syncing Yes No
Mobile Charting - Indicators / Studies 95 30
Mobile Charting - Draw Trendlines Yes Yes
Mobile Charting - Multiple Time Frames Yes Yes
Mobile Charting - Drawings Autosave Yes No
Forex Calendar No Yes
Research expand_moreexpand_less Trade Nation Eightcap
Daily Market Commentary No Yes
Forex News (Top-Tier Sources) Yes No
Autochartist No No
Trading Central (Recognia) No No
Social Sentiment - Currency Pairs No No
Economic Calendar No No
Education expand_moreexpand_less Trade Nation Eightcap
Has Education - Forex or CFDs Yes Yes
Client Webinars No No
Client Webinars (Archived) No Yes
Videos - Beginner Trading Videos Yes Yes
Videos - Advanced Trading Videos No No
Investor Dictionary (Glossary) Yes Yes
Major Forex Pairs expand_moreexpand_less Trade Nation Eightcap
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
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Trade Nation vs Eightcap Comparison

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare Trade Nation vs Eightcap.

Does Trade Nation or Eightcap offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Trade Nation offers better pricing overall for traders.

Is Trade Nation or Eightcap safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both Trade Nation and Eightcap hold [Variable A] global Tier-1 licenses. Both Trade Nation and Eightcap hold [Variable A] global Tier-2 licenses.

Which trading platform is better: Trade Nation or Eightcap?

To compare the trading platforms of both Trade Nation and Eightcap, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Eightcap offers a better experience. With research, Eightcap offers superior market research. Finally, we found Eightcap to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both Trade Nation and Eightcap offer MetaTrader 4 (MT4).Copy trading is not offered by either broker.

How many forex pairs and CFDs are available to trade?

Forex pairs aside, Trade Nation offers traders access to 601 CFDs while Eightcap has 326 available CFDs, a difference of 275.

Can I trust Trade Nation?

Trade Nation is not publicly traded and does not operate a bank. Trade Nation is authorized by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). Trade Nation is authorised by the following tier-1 regulator: Australian Securities & Investment Commission (ASIC) and Financial Conduct Authority (FCA).

Can I trust Eightcap?

Eightcap is not publicly traded and does not operate a bank. Eightcap is authorised by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and one tier-3 regulators (low trust). Eightcap is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA) and the Australian Securities & Investment Commission (ASIC).

Is Trade Nation good?

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.

Is Eightcap good?

Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins and access to Capitalise.ai’s algorithmic trading platform.

Overall winner: Trade Nation

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