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Fineco vs Trade Nation 2021

Is Fineco better than Trade Nation? In our analysis of 23 international regulators across 50 brokers, Trade Nation is considered average-risk, with an overall Trust Score of 79 out of 99. Learn more about Trust Score.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature Fineco Trade Nation
Overall 4 4
Commissions & Fees 3.5 4.5
Offering of Investments 4.5 3.5
Platforms & Tools 4 3
Mobile Trading Apps 3.5 4
Research 4 3
Education 3.5 3.5
Trust Score 88 79
Fineco Review Trade Nation Review
65.11% of retail CFD accounts lose money
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Regulation

Feature Fineco Trade Nation
Trust Score 88 79
Year Founded
1999 2014
Publicly Traded (Listed)
Yes No
Bank
Yes No
Tier-1 Licenses
1 2
Tier-2 Licenses
0 1
Tier-3 Licenses
0 1
Authorised in the European Union
Yes No

Tier-1 Licenses (High Trust)

Feature Fineco Trade Nation
ASIC Authorised (Australia)
No Yes
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Tier-2 Licenses (Average Trust)

Feature Fineco Trade Nation
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
No No
CBI Authorised (Ireland)
No No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No No
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
No Yes
SEC Authorised (Thailand)
No No

Tier-3 Licenses (Low Trust)

Feature Fineco Trade Nation
SCB Authorised (Bahamas) No Yes
IFSC Authorised (Belize) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No

Investments

Feature Fineco Trade Nation
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
126 601
Forex Pairs (Total)
54 33
US Stock Trading (Non CFD)
Yes No
Int'l Stock Trading (Non CFD)
Yes No
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
No No
Social Trading / Copy-Trading
No No

Cost

Feature Fineco Trade Nation
Average Spread EUR/USD - Standard
N/A 0.6
All-in Cost EUR/USD - Active
N/A 0.6
Active Trader or VIP Discounts
No No
Execution: Agency Broker
No No
Execution: Market Maker
No Yes

Funding

Feature Fineco Trade Nation
Minimum Deposit
$0 $0
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
No Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

Feature Fineco Trade Nation
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes No
Web Platform
Yes Yes
Social Trading / Copy-Trading
No No
MetaTrader 4 (MT4)
No Yes
MetaTrader 5 (MT5)
No No
cTrader
No No
DupliTrade
No No
ZuluTrade
No No

Trading Tools

Feature Fineco Trade Nation
Virtual Trading (Demo)
No Yes
Alerts - Basic Fields
No Yes
Watchlists - Total Fields
12
Charting - Indicators / Studies (Total)
90 35
Charting - Drawing Tools (Total)
N/A 95
Charting - Trade From Chart
No No
Charting - Drawings Autosave
No Yes

Mobile Trading

Feature Fineco Trade Nation
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
No Yes
Watch List
No Yes
Watch List Syncing
No Yes
Charting - Indicators / Studies
N/A 95
Charting - Draw Trendlines
No Yes
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
No Yes
Charting - Drawings Autosave
No Yes
Forex Calendar
No No

Research

Feature Fineco Trade Nation
Daily Market Commentary
No No
Forex News (Top-Tier Sources)
Yes Yes
Autochartist
No No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
No No
Economic Calendar
No No

Education

Feature Fineco Trade Nation
Has 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 Yes

Major Forex Pairs

Feature Fineco 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

Overall

Feature Fineco Trade Nation
Overall 4 4
Commissions & Fees 3.5 4.5
Offering of Investments 4.5 3.5
Platforms & Tools 4 3
Mobile Trading Apps 3.5 4
Research 4 3
Education 3.5 3.5
Trust Score 88 79
Fineco Review Trade Nation Review

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 Fineco vs Trade Nation.

Does Fineco or Trade Nation 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 Fineco or Trade Nation 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. Trade Nation holds 2 global Tier-1 licenses, while Fineco holds 1. Trade Nation holds 1 global Tier-2 licenses, while Fineco holds 0. In our analysis of 23 international regulators across 50 brokers, Fineco earned a higher Trust Score than Trade Nation.

Which trading platform is better: Fineco or Trade Nation?
To compare the trading platforms of both Fineco and Trade Nation, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Fineco offers a better experience. With research, Fineco offers superior market research. Finally, we found Trade Nation 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. Copy trading is not offered by either broker. Trade Nation offers MetaTrader 4 (MT4), while Fineco does not.

How many forex pairs and CFDs are available to trade?
Fineco provides traders 54 currency pairs (e.g., EUR/USD) compared to Trade Nation's 33 available pairs. Forex pairs aside, Trade Nation offers traders access to 601 CFDs while Fineco has 126 available CFDs, a difference of 475.

Can I trust Fineco?

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).

Is Fineco good?
FinecoBank is a trusted multi-asset broker offering forex and CFDs across its brands regulated in the U.K. and Italy. However, unless you visit a physical branch as a citizen of the EU – or you are a resident of Italy or the U.K. – you will not be permitted to open an online account with FinecoBank.

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.

Overall winner: Fineco

Read Next: Best Forex Brokers 2022


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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 01/10/2022 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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