Written by ForexBrokers.com
In this head to head comparison of Trade Nation vs Exness, 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.
Trade Nation, founded in 2014, and Exness, established in 2008, are two well-known online brokers that cater to traders worldwide. Neither company is publicly traded nor operates as a bank. When evaluating their trustworthiness according to ForexBrokers.com, Trade Nation achieves a Trust Score of 85, placing it in the "trusted" category. Meanwhile, Exness holds a Trust Score of 81, also classified as "trusted." Both brokers possess two Tier-1 licenses, signifying a high level of trust in their operations. However, Exness slightly edges ahead with three Tier-2 licenses compared to Trade Nation's one, showcasing a broader range of trusted regulatory credentials.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| Year Founded | 2014 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 3 |
When evaluating Trade Nation against Exness on their commissions and fees, Trade Nation stands out with its competitive fixed-spread pricing model available on both its proprietary platform and MetaTrader. While most brokers utilize variable spread pricing, Trade Nation's fixed spread model offers a level of predictability for traders, with a spread of 0.6 pips for the EUR/USD pair. It's important to note that spreads may temporarily widen to as much as 1.4 pips during the daily rollover period. Trade Nation provides three primary account types, including a MetaTrader commission-based account with a $7 per round-trip commission per standard lot and a commission-free account; its proprietary TN Trader account also offers low spreads. Overall, Trade Nation remains a top choice in the category, earning a 5-star rating and ranking 7th out of 63 brokers according to ForexBrokers.com.
In contrast, Exness offers a more diverse range of account types, with five main offerings, including two standard and three professional accounts, each presenting different trading conditions. The Standard Cent and Standard accounts feature higher spreads and market execution, while the Pro account allows users to switch between instant and market execution, boasting lower spreads. The Zero Spread account has no spread but levies a $0.05 commission per trade. The Raw account provides lower spreads with a per-trade commission of up to $7 per round turn lot, matching Trade Nation in terms of commission cost but using a variable spread model. Exness receives a 4-star rating and ranks 35th out of 63 brokers, positioning it below Trade Nation in terms of commissions and fees.
Both brokers offer a range of accounts tailored to different trading needs, with Trade Nation excelling in transparent, fixed-spread pricing and Exness providing an extensive array of account options with varying execution methods. For traders prioritizing consistent spread costs, Trade Nation could be the preferable choice, while Exness might appeal to those who seek flexibility in account selection and execution methods.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 0.6 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | 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.
When considering the range of investments offered by online brokers, Trade Nation and Exness provide interesting options for potential investors. Both brokers offer forex trading as a Contract for Difference (CFD), however, Trade Nation and Exness vary in their selection. Trade Nation provides 1,000 tradeable symbols, significantly more than Exness, which offers 227. However, when it comes to forex pairs, Exness takes the lead with 96 pairs compared to Trade Nation's 46. Neither broker provides opportunities to trade exchange-traded securities on U.S. or international exchanges, such as buying shares in major companies like Apple or Vodafone.
For those interested in cryptocurrency, both Trade Nation and Exness allow for trading cryptocurrency derivatives, but not the actual delivery of cryptocurrencies. In terms of modern options like copy trading, both platforms offer this feature. Both brokers have received a rating of 3.5 stars for their range of investments, according to ForexBrokers.com, with Trade Nation ranked at #38 and Exness at #55 out of 63 brokers in the same category. This comparison highlights that while both brokers have their strengths, the choice may come down to specific trading needs and preferences.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 227 |
| Forex Pairs (Total) | 46 | 96 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | 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.
Trade Nation and Exness both offer a variety of platforms and tools designed to cater to traders at different experience levels. Each broker provides a proprietary platform developed in-house, as well as the widely used MetaTrader 4 (MT4) platform. While Trade Nation does not support MetaTrader 5 (MT5), Exness does, giving it an edge for users seeking to utilize the latest MetaTrader version. Both brokers offer virtual demo accounts, Windows-based desktop platforms, and web-based platforms for easy access and flexibility. Copy trading options are available with both, but neither supports ZuluTrade or DupliTrade. Trade Nation provides 39 drawing tools for charting, while Exness offers a more extensive selection of 87 drawing tools and the ability to trade directly from a stock chart—a feature absent in Trade Nation.
Technical analysis enthusiasts might appreciate Trade Nation's larger offering of 14 columns for watch lists, compared to Exness's 7. However, Exness's overall platform features have secured it a higher rank by ForexBrokers.com, placing #26 compared to Trade Nation's #44 in the Trading Platforms and Tools category. Both brokers are rated at four stars for their platform offerings, ensuring a solid experience regardless of choice. Ultimately, the decision between Trade Nation and Exness may hinge on individual preferences for charting tools, platform versions, and ease of trading directly from stock charts.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 115 | 107 |
| Charting - Drawing Tools (Total) | 39 | 87 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 14 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Trade Nation and Exness provide comprehensive mobile trading apps that are suitable for both iPhone and Android users, allowing effortless trading on the go. Both platforms offer stock and forex price alerts as well as the capability to draw trendlines and view multiple time frames, such as daily, weekly, and intraday charts. However, where Trade Nation distinguishes itself is in the ability to sync watchlist symbols between its mobile app and online account, a feature not available with Exness. Additionally, Trade Nation stands out with the capability of auto-saving chart drawings, something that Exness lacks.
When it comes to technical studies for charting, Trade Nation offers a whopping 99 studies, nearly triple the 35 provided by Exness. Both apps allow the creation of watchlists with real-time quotes, enhancing the real-time trading experience. Despite Trade Nation and Exness being evenly rated at four out of five stars for their mobile trading apps, Exness ranks higher among 63 brokers, coming in at #26 compared to Trade Nation's #45. These differences can guide traders in selecting an app that best suits their needs.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 99 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Trade Nation and Exness for market research offerings, both brokers provide daily market commentary and deliver forex news from reputable sources like Bloomberg and Reuters. However, when it comes to technical analysis tools, Exness takes an edge by offering resources from Trading Central, while Trade Nation does not. Both brokers feature sentiment-based trading tools, but Trade Nation stands out with research tools from Acuity Trading, which Exness lacks.
Exness, on the other hand, enhances its research offerings with an economic calendar displaying global news events, an area where Trade Nation falls short. Despite these differences, both Trade Nation and Exness receive a similar research rating of 3.5 stars out of five. According to ForexBrokers.com rankings for research, Exness is positioned slightly higher at #41, compared to Trade Nation's #42 ranking out of 63 brokers.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Trade Nation and Exness deliver a solid foundation for those new to trading. Each offers more than ten educational pieces focused on forex or CFDs, providing valuable insights through articles, videos, and archived content. For beginners, both platforms also offer a good selection of over ten videos dedicated specifically to introductory trading topics. Additionally, both brokers provide an investor dictionary with definitions of at least 50 investing terms, making complex jargon more accessible. However, it's worth noting that neither Trade Nation nor Exness organizes monthly educational webinars.
Where the two differ, though, is in the availability of advanced educational content and archived webinars. Trade Nation stands out with its over-ten advanced videos aimed at more experienced traders, a feature Exness does not currently provide. On the other hand, Exness offers an advantage by maintaining a searchable archive of recorded webinars, a resource Trade Nation lacks. Despite these differences, both brokers receive a 3.5-star rating for education, though Trade Nation holds a slightly better rank in the education category according to ForexBrokers.com, sitting at #41 as opposed to Exness's #47.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| 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 | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
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 Exness. Trade Nation finished with an overall rank of #34, while Exness finished with an overall rank of #43.
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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Exness
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| Overall Rating |
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| Trust Score | 85 | 81 |
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Both Trade Nation and Exness do not provide the option to purchase actual delivered cryptocurrency, but they both offer the ability to trade cryptocurrency derivatives.
Trade Nation and Exness both do not support ACH or SEPA transfers and PayPal for depositing or withdrawing funds, but they offer similar options like Skrill, Visa, Mastercard, and bank wires for seamless transactions.
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 | Exness | |
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| Trust Score | 85 | 81 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | Exness Review |
| Broker Screenshots | Trade Nation | Exness | |
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| Regulation | Trade Nation | Exness | |
|---|---|---|---|
| Trust Score | 85 | 81 | |
| Year Founded | 2014 | 2008 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 3 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | Exness | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| 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). | No | Yes |
| Tier-2 Licenses (Trusted) | Trade Nation | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | Yes | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | Yes |
| Investments | Trade Nation | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 227 | |
| Forex Pairs (Total) | 46 | 96 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | 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 | Trade Nation | Exness | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | Exness | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Trade Nation | Exness | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Trade Nation | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 14 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 107 | |
| Charting - Drawing Tools (Total) | 39 | 87 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Trade Nation | Exness | |
|---|---|---|---|
| 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 | 99 | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | No | Yes |
| Research | Trade Nation | Exness | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | Exness | |
|---|---|---|---|
| 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 | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Trade Nation | Exness | |
|---|---|---|---|
| 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 | Trade Nation Review | Exness Review |
| Overall | Trade Nation | Exness | |
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| Trust Score | 85 | 81 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | Exness Review |
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