eToro vs Trade Nation 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.
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.
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.
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 |
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Year Founded | 2007 | 2014 |
Publicly Traded (Listed) | No | No |
Bank | No | No |
Tier-1 Licenses | 3 | 2 |
Tier-2 Licenses | 1 | 1 |
Tier-3 Licenses | 0 | 0 |
Tier-4 Licenses | 1 | 2 |
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 |
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|
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Minimum Deposit | $50-$10,000 | $0 |
Average Spread EUR/USD - Standard | 1 | 0.6 |
All-in Cost EUR/USD - Active | N/A | 0.6 |
Active Trader or VIP Discounts | Yes | No |
ACH or SEPA Transfers | Yes | No |
PayPal (Deposit/Withdraw) | Yes | No |
Skrill (Deposit/Withdraw) | Yes | Yes |
Visa/Mastercard (Credit/Debit) | Yes | Yes |
Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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 |
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Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 5461 | 1000 |
Forex Pairs (Total) | 55 | 46 |
U.S. Stock Trading (Non CFD) | Yes | No |
Int'l Stock Trading (Non CFD) | Yes | No |
Social Trading / Copy Trading | Yes | Yes |
Cryptocurrency (Physical) | Yes | No |
Cryptocurrency (Derivative) | 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.
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 Nationโs 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 eToroโs 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 |
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Virtual Trading (Demo) | Yes | Yes |
Proprietary Platform | Yes | Yes |
Desktop Platform (Windows) | No | Yes |
Web Platform | Yes | Yes |
Social Trading / Copy Trading | Yes | Yes |
MetaTrader 4 (MT4) | No | Yes |
MetaTrader 5 (MT5) | No | No |
DupliTrade | No | No |
ZuluTrade | No | No |
Charting - Indicators / Studies (Total) | 104 | 99 |
Charting - Drawing Tools (Total) | 161 | 39 |
Charting - Trade From Chart | No | No |
Watchlists - Total Fields | 6 | 14 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
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 |
|
|
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Android App | Yes | Yes |
Apple iOS App | Yes | Yes |
Mobile Alerts - Basic Fields | Yes | Yes |
Watchlist Syncing | Yes | Yes |
Mobile Charting - Indicators / Studies | 104 | 99 |
Mobile Charting - Draw Trendlines | No | Yes |
Mobile Charting - Multiple Time Frames | Yes | Yes |
Mobile Charting - Drawings Autosave | No | Yes |
Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
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 |
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|
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Daily Market Commentary | Yes | No |
Forex News (Top-Tier Sources) | No | Yes |
Autochartist | No | No |
Trading Central (Recognia) | Yes | No |
Social Sentiment - Currency Pairs | Yes | Yes |
TipRanks | Yes | No |
Signal Centre (Acuity Trading) | No | Yes |
Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
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 |
|
|
---|---|---|
Education (Forex or CFDs) | Yes | Yes |
Client Webinars | Yes | No |
Client Webinars (Archived) | Yes | No |
Videos - Beginner Trading Videos | Yes | Yes |
Videos - Advanced Trading Videos | Yes | No |
Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
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 |
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Overall Rating |
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Trust Score | 93 | 85 |
Range of Investments |
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Commissions & Fees |
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Platform & Tools |
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Research |
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Mobile Trading |
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Education |
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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.
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.
Please note:
We review each brokerโs overall global offering โ a โYesโ 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 5Overall Rating | eToro | Trade Nation | |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 93 | 85 | |
Winner | check_circle | ||
Review | eToro Review | Trade Nation Review |
Broker Screenshots | eToro | Trade Nation | |
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Trading Platforms Gallery (click to expand) | |||
Mobile Trading Gallery (click to expand) | |||
Research Gallery (click to expand) | |||
Education Gallery (click to expand) |
Regulation | eToro | Trade Nation | |
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Trust Score | 93 | 85 | |
Year Founded | 2007 | 2014 | |
Publicly Traded (Listed) | No | No | |
Bank | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
Tier-1 Licenses | 3 | 2 | |
Tier-2 Licenses | 1 | 1 | |
Tier-3 Licenses | 0 | 0 | |
Tier-4 Licenses | 1 | 2 |
Tier-1 Licenses (Highly Trusted) | eToro | Trade Nation | |
---|---|---|---|
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) | No | No | |
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). | Yes | No |
Tier-2 Licenses (Trusted) | eToro | Trade Nation | |
---|---|---|---|
Kenya (CMA Authorised) | No | No | |
Israel (ISA Authorised) | No | No | |
South Africa (FSCA Authorised) | No | Yes | |
UAE (DFSA/Central Bank Authorised) | No | No | |
India (SEBI Authorised) | No | No | |
Jordan (JSC Authorised) | No | No |
Investments | eToro | Trade Nation | |
---|---|---|---|
Forex Trading (Spot or CFDs) | Yes | Yes | |
Tradeable Symbols (Total) | 5461 | 1000 | |
Forex Pairs (Total) | 55 | 46 | |
U.S. Stock Trading (Non CFD) | Yes | No | |
Int'l Stock Trading (Non CFD) | Yes | No | |
Social Trading / Copy Trading | Yes | Yes | |
Cryptocurrency (Physical) | Yes | No | |
Cryptocurrency (Derivative) | 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 | 1 | 0.6 | |
All-in Cost EUR/USD - Active | N/A | 0.6 | |
Active Trader or VIP Discounts | Yes | No | |
Inactivity Fee | Yes | No | |
Execution: Agency Broker | Yes | No | |
Execution: Market Maker | Yes | Yes |
Funding | eToro | Trade Nation | |
---|---|---|---|
Minimum Deposit | $50-$10,000 | $0 | |
PayPal (Deposit/Withdraw) | Yes | No | |
Skrill (Deposit/Withdraw) | Yes | Yes | |
Visa/Mastercard (Credit/Debit) | Yes | Yes | |
Bank Wire (Deposit/Withdraw) | Yes | Yes | |
ACH or SEPA Transfers | Yes | No |
Trading Platforms | eToro | Trade Nation | |
---|---|---|---|
Proprietary Platform | Yes | Yes | |
Desktop Platform (Windows) | No | Yes | |
Web Platform | Yes | Yes | |
Social Trading / Copy Trading | Yes | Yes | |
MetaTrader 4 (MT4) | No | Yes | |
MetaTrader 5 (MT5) | No | No | |
cTrader | No | No | |
DupliTrade | No | No | |
ZuluTrade | No | No |
Trading Tools | eToro | Trade Nation | |
---|---|---|---|
Virtual Trading (Demo) | Yes | Yes | |
Alerts - Basic Fields | Yes | Yes | |
Watchlists - Total Fields | 6 | 14 | |
Charting - Indicators / Studies (Total) | 104 | 99 | |
Charting - Drawing Tools (Total) | 161 | 39 | |
Charting - Trade From Chart | No | No | |
Charts can be saved | Yes | No |
Mobile Trading | eToro | Trade Nation | |
---|---|---|---|
Android App | Yes | Yes | |
Apple iOS App | Yes | Yes | |
Mobile Alerts - Basic Fields | Yes | Yes | |
Mobile Watchlist | Yes | Yes | |
Watchlist Syncing | Yes | Yes | |
Mobile Charting - Indicators / Studies | 104 | 99 | |
Mobile Charting - Draw Trendlines | No | Yes | |
Mobile Charting - Multiple Time Frames | Yes | Yes | |
Mobile Charting - Drawings Autosave | No | Yes | |
Mobile Economic Calendar | No | No |
Research | eToro | Trade Nation | |
---|---|---|---|
Daily Market Commentary | Yes | No | |
Forex News (Top-Tier Sources) | No | Yes | |
Autochartist | No | No | |
Trading Central (Recognia) | Yes | No | |
TipRanks | Yes | No | |
Social Sentiment - Currency Pairs | Yes | Yes | |
Economic Calendar | Yes | No |
Education | eToro | Trade Nation | |
---|---|---|---|
Education (Forex or CFDs) | Yes | Yes | |
Client Webinars | Yes | No | |
Client Webinars (Archived) | Yes | No | |
Videos - Beginner Trading Videos | Yes | Yes | |
Videos - Advanced Trading Videos | Yes | No | |
Investor Dictionary (Glossary) | Yes | No |
Major Forex Pairs | eToro | Trade Nation | |
---|---|---|---|
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 | |
Review | eToro Review | Trade Nation Review |
Overall | eToro | Trade Nation | |
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Overall Rating |
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Commissions & Fees |
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Range of Investments |
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Platform & Tools |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 93 | 85 | |
Winner | check_circle | ||
Review | eToro Review | Trade Nation Review |