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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: 93
  • Tradeable Symbols (Total): 5461
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, founded in 2007, is a well-known platform praised for its trustworthiness, boasting a high Trust Score of 93 out of 99 according to ratings by ForexBrokers.com. This positions eToro in the highly trusted category, thanks in part to its possession of three Tier-1 licenses. Although eToro is not publicly traded or a bank, its regulatory standing suggests a secure environment for traders seeking reliability and confidence in their online investment activities.

Trade Nation, established in 2014, offers a competitive level of trust with a Trust Score of 85, marking it as a trusted broker under ForexBrokers.com's rankings. The platform holds two Tier-1 licenses, indicating a solid foundation of security and trust for its users. Similar to eToro, Trade Nation is neither publicly traded nor a banking entity. Nonetheless, it effectively meets the needs of traders who prioritize a trusted and regulated online trading experience.

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

Fees

When comparing online brokers eToro and Trade Nation, their approaches to commissions and fees offer distinct contrasts tailored to different trading styles. eToro is known for its market-maker model with a variable spread starting at 1 pip for the EUR/USD pair. Although this spread is slightly above the industry average, retail traders often prioritize eToro for its unique social copy trading platform, rather than its lower trading fees. eToro also provides VIP club memberships, ranging from Silver to Diamond, for balances between $5,000 to $250,000. These tiers come with various perks, such as access to Trading Central, discounts on withdrawal and deposit fees, and dedicated account managers.

Trade Nation, on the other hand, emphasizes competitive fixed-spread pricing across different symbols available on its proprietary platform, as well as offering variable spreads on its MetaTrader platform. Its fixed spread for the EUR/USD pair is 0.6 pips, though spreads can widen to 1.4 pips during a one-hour daily rollover period. This strategy allows for a stable pricing model that traders might find appealing. Trade Nation offers three types of accounts: two are MetaTrader-based, with options for commission-based Raw Spread accounts and commission-free accounts, while the third is the TN Trader account that seems to provide the lowest spreads when considering all-in costs.

In terms of overall ratings for commissions and fees, Trade Nation outshines eToro, earning a perfect 5-star rating, while eToro holds a 4.5-star rating. According to ForexBrokers.com, within a field of 62 brokers, Trade Nation secures the #7 spot for its fees, whereas eToro holds the #22 position. This difference highlights Trade Nation's strength in offering competitive and transparent pricing strategies that appeal to traders looking for cost-efficient trading conditions.

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

eToro and Trade Nation both offer forex trading as CFDs, but the former provides a broader selection of tradeable options. With eToro, you have access to 5461 tradeable symbols and 55 forex pairs. In comparison, Trade Nation offers 1000 tradeable symbols and 46 forex pairs. If you're interested in buying stocks directly, eToro allows you to purchase exchange-traded securities from both U.S. and international exchanges, such as Apple and Vodafone. On the other hand, Trade Nation does not provide this option. Both platforms support copy trading, making it easier for beginners to follow more experienced traders' strategies.

When it comes to cryptocurrency, eToro stands out by offering the ability to purchase actual cryptocurrencies and derivatives, whereas Trade Nation only allows you to trade cryptocurrency derivatives. This wider range of investment options contributes to eToro's 5-star rating for Range of Investments, as compared to Trade Nation's 3.5-star rating. In the ForexBrokers.com rankings, eToro is placed #10 among 62 brokers for its investment offerings, while Trade Nation comes in at #38, highlighting eToro's more extensive capabilities for versatile trading strategies.

Feature eToro logoeToro
Trade Nation logoTrade Nation
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 5461 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

When comparing eToro and Trade Nation for their trading platforms and tools, both brokers provide simulated trading with free virtual demo accounts and offer their own proprietary platforms. However, Trade Nation distinguishes itself by offering a Windows-based desktop platform, while eToro does not. Both brokers provide web-based platforms and support copy trading, but neither offer MetaTrader 5 or additional platforms like DupliTrade and ZuluTrade. While Trade Nation supports MetaTrader 4, eToro does not, which might be a consideration for traders who favor this popular platform.

In terms of charting capabilities, eToro impresses with 161 drawing tools compared to Trade Nationโ€™s 39. Still, neither broker supports trading directly from a stock chart. When it comes to watch lists, Trade Nation offers more customization with 14 columns versus eToroโ€™s 6. Both brokers receive high marks for their platforms, with eToro rated 4.5 out of 5 stars and ranking 8th out of 62 brokers according to ForexBrokers.com. Meanwhile, Trade Nation holds a rating of 4 out of 5 stars, placing it 45th in the same ranking. Such insights might guide traders in choosing a platform that best suits their trading style and needs.

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 104 99
Charting - Drawing Tools (Total) info 161 39
Charting - Trade From Chart info No No
Watchlists - Total Fields info 6 14
View More

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

Forex trading apps

When it comes to mobile trading apps, both eToro and Trade Nation offer dedicated applications for iPhone and Android users. They both allow traders to receive price alerts and sync watchlists so any changes are mirrored between mobile devices and online accounts. While eToro provides 104 technical studies for charting, Trade Nation offers 99. However, Trade Nation allows users to draw trendlines and auto-save drawings on charts, features that eToro does not offer.

Both eToro and Trade Nation support multiple time frames and enable the creation of watchlists with real-time quotes. However, eToro seems to have a slight edge in user satisfaction, earning a mobile app rating of 4.5 stars compared to Trade Nation's 4 stars. According to ForexBrokers.com, eToro also ranks higher, coming in at 11th place out of 62 brokers for mobile trading apps, whereas Trade Nation is positioned at number 45. This suggests that both platforms offer solid mobile trading experiences, but users might find eToro's overall app performance slightly more favorable.

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

When looking at market research offerings, eToro and Trade Nation present distinct features. eToro provides daily market commentary and valuable sentiment-based trading tools that show positions across a variety of instruments. It also includes market research from TipRanks, Technical Analytics from Trading Central, and an economic calendar that highlights significant global news events. With a research rating of 4.5 stars, eToro is ranked at number 13 among 62 brokers by ForexBrokers.com, showcasing its strengths in market analysis and insights.

On the other hand, Trade Nation stands out by offering forex news from top-tier sources like Bloomberg and Reuters, ensuring that traders stay informed with high-quality information. Additionally, Trade Nation features research tools from Acuity Trading but lacks offerings from TipRanks and Trading Central. While it doesn't provide daily market commentary or an economic calendar, Trade Nation does include a sentiment-based trading tool similar to eToro. Given its offerings, Trade Nation holds a research rating of 3.5 stars, ranking 42 out of 62 brokers according to ForexBrokers.com.

Feature eToro logoeToro
Trade Nation logoTrade Nation
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info No 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

When evaluating the educational resources for beginners offered by online brokers eToro and Trade Nation, eToro stands out with a broader selection and more frequent updates. Both brokers provide over 10 educational materials focusing on forex and CFDs, including articles and videos. However, eToro offers the added benefit of online educational webinars every month, complemented by a searchable archive of past webinars, a feature that Trade Nation does not provide.

In terms of video content, eToro and Trade Nation both cater to beginner traders with a rich collection of more than 10 videos each. Yet, eToro also provides over 10 advanced educational videos for experienced traders, a resource not matched by Trade Nation. Additionally, eToro includes an investor dictionary with over 50 investing terms, enhancing its educational offer. These differences are reflected in their ratings, with eToro receiving 4.5 stars and ranking 5th out of 62 brokers, while Trade Nation has a 3.5-star rating and ranks 42nd.

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 No
Investor Dictionary (Glossary) info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 62 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 โ€“ 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 93 85
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 5/5 Stars
Platform & 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.




announcementPlease note:

We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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 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
Platform & 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 93 85
Winner check_circle
Review eToro Review Trade Nation Review
Broker Screenshots eToro Trade Nation
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation eToro Trade Nation
Trust Score info 93 85
Year Founded info 2007 2014
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 3 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 No No
Switzerland (FINMA Authorised) info No No
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 No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments eToro Trade Nation
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 5461 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 104 99
Charting - Drawing Tools (Total) info 161 39
Charting - Trade From Chart info No 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 No
Forex News (Top-Tier Sources) info No 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 No
Investor Dictionary (Glossary) info Yes No
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
Platform & 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 93 85
Winner check_circle
Review eToro Review Trade Nation Review
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