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eToro vs Trade Nation 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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

eToro
4.5/5 Stars Overall
  • Minimum Deposit: $50-$10,000
  • Trust Score: 96
  • Tradeable Symbols (Total): 7441
Trade Nation
4/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 85
  • Tradeable Symbols (Total): 1000

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

eToro vs Trade Nation: eToro (founded 2007) is publicly traded and not a bank; Trade Nation (founded 2014) is privately held and not a bank. On ForexBrokers.com’s Trust Score, eToro scores 96/99 (90–99 = highly trusted), while Trade Nation scores 85/99 (80–89 = trusted).

Regulation and licenses: eToro holds 4 Tier-1 licenses (highly trusted) and 1 Tier-2 license (trusted). Trade Nation holds 2 Tier-1 licenses and 1 Tier-2 license. In simple terms, both are regulated brokers, with eToro carrying more top-tier licenses and a higher Trust Score.

Feature eToro logoeToro
Trade Nation logoTrade Nation
Year Founded info 2007 2014
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 4 2
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2

Fees

For commissions and fees, Trade Nation scores 5/5 stars and ranks #7 out of 63 brokers, while eToro earns 4.5/5 stars and ranks #23 out of 63. In short, Trade Nation is built around low, predictable pricing, whereas eToro’s costs are a bit higher but are paired with strong copy-trading features.

eToro is a market-maker with a typical variable spread of about 1 pip on EUR/USD, which is slightly above the industry average. Most retail traders don’t pick eToro for its spreads; they come for its social copy trading. If you keep higher balances, the eToro Club (Silver to Diamond for $5,000–$250,000) adds perks like Trading Central access, discounted deposit/withdrawal fees, and a dedicated account manager, which can help offset some non-trading costs.

Trade Nation focuses on simple, fixed spreads on its TN Trader platform—EUR/USD is listed at 0.6 pips, though spreads widen for about an hour during the daily rollover (sometimes up to 1.4 pips), making the true average closer to 1 pip over time. On MetaTrader, you can choose variable pricing: a Raw Spread account with a $3.50 per side ($7 round-trip) commission per standard lot, or a commission-free account with higher spreads. Factoring in all-in costs, the TN Trader account is typically the most cost-effective of its options.

Feature eToro logoeToro
Trade Nation logoTrade Nation
Minimum Deposit info $50-$10,000 $0
Average Spread EUR/USD - Standard info 1 info 0.6
All-in Cost EUR/USD - Active info N/A 0.6
Active Trader or VIP Discounts info Yes No
ACH or SEPA Transfers info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

In the eToro vs Trade Nation comparison for range of investments, eToro offers far more markets overall. You’ll find 7,441 tradeable symbols at eToro versus about 1,000 at Trade Nation, plus 55 forex pairs at eToro compared with 46 at Trade Nation. Both brokers support forex trading (CFDs/spot, depending on your location) and both offer copy trading. Reflecting the wider choice, eToro is rated 5 stars and ranks #11 out of 63 brokers for Range of Investments at ForexBrokers.com, while Trade Nation holds 3.5 stars and ranks #39.

Stock and crypto access is another key difference. eToro lets you buy exchange-traded securities on U.S. and international exchanges (so you can purchase shares like Apple or Vodafone directly), whereas Trade Nation does not offer real share dealing. For digital assets, eToro supports both actual (delivered) cryptocurrency as well as crypto derivatives; Trade Nation offers only crypto derivatives. If you want the broadest selection with real stocks and more crypto options, eToro has the edge; if you mainly need core CFD markets, Trade Nation covers the basics.

Feature eToro logoeToro
Trade Nation logoTrade Nation
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7441 1000
Forex Pairs (Total) info 55 46
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) 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

Comparing eToro vs Trade Nation for trading platforms and tools: both brokers offer free demo (paper) accounts, in-house platforms, web-based trading, and copy trading. For desktop software, Trade Nation offers a Windows download, while eToro does not. Platform integrations differ too: Trade Nation supports MetaTrader 4 (MT4), whereas eToro does not; neither broker supports MT5, ZuluTrade, or DupliTrade.

For charting and usability, eToro provides 73 drawing tools compared with 39 at Trade Nation, and eToro lets you place trades directly from the chart while Trade Nation does not. Watchlists are more detailed at Trade Nation (14 columns) versus eToro (6 columns). Overall ratings reflect these differences: eToro scores 4.5 stars and ranks #8 of 63 brokers at ForexBrokers.com for Trading Platforms and Tools, while Trade Nation earns 4 stars and ranks #45 of 63.

Feature eToro logoeToro
Trade Nation logoTrade Nation
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 106 115
Charting - Drawing Tools (Total) info 73 39
Charting - Trade From Chart info Yes No
Watchlists - Total Fields info 6 14

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

Forex trading apps

Both eToro and Trade Nation offer mobile trading apps for iPhone and Android with price alerts, real-time quote watchlists, synced watchlists between mobile and web, and multiple chart time frames. For charting tools, eToro supplies 104 technical studies, while Trade Nation offers 99. However, eToro’s app does not let you draw trendlines and it doesn’t auto-save drawings. Trade Nation supports drawing trendlines and auto-saves your annotations, which can be helpful if you rely on chart markups.

In independent testing by ForexBrokers.com, eToro earned 4.5 out of 5 stars and ranked #10 out of 63 brokers for Mobile Trading Apps. Trade Nation received 4 out of 5 stars and ranked #46 out of 63. In short: choose eToro if you want more built-in indicators; pick Trade Nation if you value drawing tools and keeping your chart notes intact.

Feature eToro logoeToro
Trade Nation logoTrade Nation
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 104 99
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Comparing market research at eToro vs Trade Nation: both brokers publish daily market commentary and stream forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones. Each also includes a sentiment tool showing the ratio of long vs short positions, and neither integrates Autochartist. Where they differ is in third-party research: eToro adds Trading Central analytics and TipRanks stock research, plus an in-platform economic calendar covering global events. Trade Nation does not offer Trading Central, TipRanks, or an economic calendar, but it does provide Acuity Trading tools (Signal Centre) for trade ideas.

Overall research quality reflects these differences. ForexBrokers.com rates eToro 4.5 out of 5 stars for Research and ranks it 13th out of 63 brokers, while Trade Nation earns 3.5 stars and ranks 43rd. If you want deeper analytics and a fuller set of research sources in one place, eToro has the edge; if you value Acuity Trading signals alongside core news and sentiment, Trade Nation still covers the basics.

Feature eToro logoeToro
Trade Nation logoTrade Nation
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info Yes No
Signal Centre (Acuity Trading) info No Yes
Economic Calendar info Yes No

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners stepping into the world of online trading, the educational resources offered by eToro and Trade Nation provide important distinctions. Both brokers ensure a solid foundation with at least ten educational materials focused on forex and CFDs, including articles, videos, and archives. Moreover, they each present over ten beginner videos that cover essential trading topics, alongside a dictionary comprising more than 50 investment terms. Where eToro takes the lead is in offering monthly online educational webinars and a searchable archive of recorded sessions, delivering a more immersive learning experience to its users.

While advanced educational content is equally comprehensive from both eToro and Trade Nation, eToro boasts a higher education rating, earning 4.5 stars compared to Trade Nation's 3.5 stars. This is reflected in their ForexBrokers.com rankings, with eToro positioned at #5 out of 63 brokers, demonstrating its superiority in educational offerings, whereas Trade Nation stands at #41. Overall, for beginners seeking structured guidance in their trading journey, eToro seems to provide more extensive and accessible educational resources.

Feature eToro logoeToro
Trade Nation logoTrade Nation
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than Trade Nation. eToro finished with an overall rank of #9, while Trade Nation finished with an overall rank of #34.

eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.

Feature eToro logoeToro
Trade Nation logoTrade Nation
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 96 85
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with eToro or Trade Nation?

eToro enables users to buy both actual cryptocurrencies and cryptocurrency derivatives, whereas Trade Nation solely offers the option to invest in cryptocurrency derivatives, not the actual coins.

What funding options does each broker offer?

eToro stands out by offering a wider range of deposit and withdrawal options compared to Trade Nation, including ACH, SEPA, and PayPal, alongside shared options like Skrill, Visa/Mastercard, and bank wires, whereas Trade Nation lacks ACH, SEPA, and PayPal options.

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Overall Rating eToro Trade Nation
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 5/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 96 85
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Review eToro Review Trade Nation Review
Broker Screenshots eToro Trade Nation
Broker Gallery (click to expand) info
eToro mobile watchlist eToro web trading platform cryptocurrency watchlist eToro Digest & Invest podcast. eToro academy courses beginners.
Trade Nation MetaTrader 4 desktop platform. Trade Nation MetaTrader 4 desktop charts. Trade Nation TN Trader web platform. Trade Nation TradingView connection. Trade Nation TradingView web platform trade ticket window. Trade Nation TradingView web platform. Trade Nation web platform. Trade Nation client portal web dashboard Trade Nation MetaTrader 4 desktop platform. Note: Past performance is not a reliable indicator of future performance. Trade Nation web platform Signal Centre dashboard powered by Acuity detail. Note: Past performance is not a reliable indicator of future performance. Trade Nation web platform add signal to order ticket Trade Nation web platform trade ticket limit order Trade Nation web platform charting ChartIQ. Note: Past performance is not a reliable indicator of future performance.
Regulation eToro Trade Nation
Trust Score info 96 85
Year Founded info 2007 2014
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 4 2
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2
Tier-1 Licenses (Highly Trusted) eToro Trade Nation
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) eToro Trade Nation
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA, FSRA, or SCA Authorised) info Yes info No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments eToro Trade Nation
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7441 1000
Forex Pairs (Total) info 55 46
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) 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 eToro Trade Nation
Average Spread EUR/USD - Standard info 1 info 0.6
All-in Cost EUR/USD - Active info N/A 0.6
Active Trader or VIP Discounts info Yes No
Inactivity Fee info Yes No
Execution: Agency Broker info Yes No
Execution: Market Maker info Yes Yes
Funding eToro Trade Nation
Minimum Deposit info $50-$10,000 $0
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes No
Trading Platforms eToro Trade Nation
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools eToro Trade Nation
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 6 14
Charting - Indicators / Studies (Total) info 106 115
Charting - Drawing Tools (Total) info 73 39
Charting - Trade From Chart info Yes No
Charts can be saved info Yes No
Mobile Trading eToro Trade Nation
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 104 99
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Economic Calendar info No No
Research eToro Trade Nation
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
TipRanks info Yes No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes No
Education eToro Trade Nation
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs eToro Trade Nation
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review eToro Review Trade Nation Review
Overall eToro Trade Nation
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 5/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 96 85
Winner check_circle
Review eToro Review Trade Nation Review
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