Written by ForexBrokers.com
In this head to head comparison of FOREX.com 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.
FOREX.com, established in 1999, stands out with its high trust score of 99 from ForexBrokers.com, marking it as a highly trusted choice for online trading. With 7 Tier-1 licenses, FOREX.com showcases an exemplary level of regulatory adherence, indicating strong investor protection. As a publicly traded entity, it offers transparency and financial stability, characteristics often favored by traders looking for reliable brokers. Despite not being a bank, its comprehensive licensing underscores its commitment to creating a secure trading environment.
Founded in 2014, Trade Nation offers a trusted alternative for traders with a respectable trust score of 85. Despite holding just 2 Tier-1 licenses compared to FOREX.com's 7, Trade Nation remains a solid broker choice with an average level of trustworthiness. While it is not publicly traded, which might be a consideration for those seeking the additional transparency such a status offers, it still holds 1 Tier-2 license, similar to FOREX.com, reflecting its competency in providing a trusted trading experience. Like FOREX.com, Trade Nation ensures a secure trading atmosphere without being a traditional bank.
| Feature |
FOREX.com
|
Trade Nation
|
|---|---|---|
| Year Founded | 1999 | 2014 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
Comparing commissions and fees, Trade Nation edges out FOREX.com on headline pricing and earns the higher score. Trade Nation is rated 5/5 stars and ranked #7 of 63 for Commissions and Fees, while FOREX.com is rated 4.5/5 stars and ranked #14 of 63. Both offer multiple account types and MetaTrader access, but their pricing structures differ in ways that matter depending on where you trade and how much volume you do.
FOREX.com’s Standard account (the only choice for MetaTrader 4 users) typically shows wider spreads in the U.S., with the EUR/USD around 1.4 pips (July 2023). Outside the U.S., average EUR/USD spreads were about 0.74 pips in July 2023. The newer RAW account targets tighter spreads plus commission: typical EUR/USD spread is about 0.13 pips (Feb 2024) with a $7 per standard lot round-trip commission, putting all-in costs near 0.83 pips at the base tier. Active trader rebates range from $2 to $9 per million, and very high-volume traders (over $2B/month) can see pricing that competes with leading low-cost rivals. For many U.S. traders under $50M/month, however, all-in costs between the Standard and Commission/RAW setups can end up similar.
Trade Nation keeps things simple with fixed spreads on its TN Trader platform: EUR/USD is listed at 0.6 pips most of the day, widening around the daily rollover (often up to 1.4 pips), which pulls the true average closer to 1 pip. On MetaTrader, you can pick a commission-free account with higher spreads or a Raw Spread account that charges $3.50 per side ($7 round-trip) per standard lot. In practice, TN Trader often delivers the lowest all-in costs among its options, and its fixed pricing model makes it easy to compare at a glance.
| Feature |
FOREX.com
|
Trade Nation
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 1.4 | 0.6 |
| All-in Cost EUR/USD - Active | 0.9 | 0.6 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to market variety, FOREX.com offers a wider selection than Trade Nation. FOREX.com lists about 5,500 tradeable symbols and 80 forex pairs, while Trade Nation provides roughly 1,000 symbols and 46 forex pairs. Both brokers support forex trading offered as CFDs or spot contracts (availability can vary by region).
Neither broker lets you buy actual shares on U.S. or international exchanges, and neither offers direct (delivered) crypto. Both do offer cryptocurrency derivatives. A notable difference is copy trading: Trade Nation supports it, while FOREX.com does not. Based on range of investments, ForexBrokers.com rates FOREX.com 5 stars (ranked #7 of 63) and Trade Nation 3.5 stars (ranked #39 of 63), highlighting FOREX.com’s broader selection overall.
| Feature |
FOREX.com
|
Trade Nation
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 1000 |
| Forex Pairs (Total) | 80 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | No | 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.
Comparing FOREX.com vs Trade Nation for trading platforms and tools: both brokers offer free demo (paper) accounts, in-house proprietary platforms, a downloadable Windows desktop platform, and a web-based platform. Each supports MetaTrader 4 (MT4); only FOREX.com also offers MetaTrader 5 (MT5). Copy trading is available at Trade Nation but not at FOREX.com. Neither broker supports DupliTrade or ZuluTrade.
For platform tools, FOREX.com stands out with trading directly from charts (Trade Nation does not), far more drawing tools (239 vs 39), and more watchlist fields (20 vs 14). Reflecting these differences, FOREX.com earns 5 stars and ranks #7 of 63 for Trading Platforms and Tools, while Trade Nation earns 4 stars and ranks #45 of 63. If you want MT5 access and trade-from-chart functionality, FOREX.com is the better fit; if copy trading is a must, Trade Nation has you covered.
| Feature |
FOREX.com
|
Trade Nation
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 88 | 115 |
| Charting - Drawing Tools (Total) | 239 | 39 |
| Charting - Trade From Chart | Yes | No |
| Watchlists - Total Fields | 20 | 14 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FOREX.com and Trade Nation deliver full-featured mobile trading apps on iPhone and Android. Each app supports real-time watchlists, price alerts, and watchlist syncing with your online account. Charting is strong on both: you can draw trendlines, switch among intraday, daily, and weekly time frames, and your drawings auto-save.
Trade Nation edges ahead on technical studies (99 vs. 88 for FOREX.com). However, ForexBrokers.com rates FOREX.com higher overall for mobile trading apps: 5 stars and #3 out of 63 brokers, compared to Trade Nation’s 4 stars and #46 ranking. If overall app quality and user experience are your priority, FOREX.com is the safer pick; if you want a few more built-in indicators, Trade Nation may appeal.
| Feature |
FOREX.com
|
Trade Nation
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 88 | 99 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FOREX.com and Trade Nation both deliver daily market commentary and premium forex news from top-tier sources, plus sentiment tools that show long vs. short positioning. Neither broker uses Autochartist or TipRanks. The key differences come down to research extras: FOREX.com includes Trading Central tools and a built-in economic calendar, while Trade Nation skips Trading Central and a calendar but adds Acuity Trading’s Signal Centre for trade ideas.
In independent ratings, FOREX.com scores 4.5/5 stars for Research and is ranked #9 out of 63 brokers by ForexBrokers.com, while Trade Nation earns 3.5/5 stars and ranks #43. If you want more integrated analysis and event tracking, FOREX.com has the edge; if you prefer signals from Acuity Trading, Trade Nation is worth a look.
| Feature |
FOREX.com
|
Trade Nation
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both FOREX.com and Trade Nation make solid efforts by providing more than 10 educational pieces each, including articles and videos focused on forex and CFDs. However, FOREX.com stands out by offering monthly live webinars, along with a searchable archive of past webinars, catering to those who prefer interactive or self-paced learning. On the other hand, Trade Nation does not currently support online educational webinars, leaving their offerings more limited in comparison.
Both platforms effectively serve beginners by providing at least 10 beginner-focused video tutorials and maintain comprehensive investor dictionaries with over 50 investing terms. Additionally, each offers advanced video content for seasoned traders. In overall educational ratings, FOREX.com scores higher with a 4.5-star rating, ranking 4th out of 63 brokers according to ForexBrokers.com. In contrast, Trade Nation receives a modest 3.5-star rating, placing it at the 41st position, indicating FOREX.com's stronger emphasis and recognition in educational services for forex trading enthusiasts.
| Feature |
FOREX.com
|
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 | Yes |
| 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 FOREX.com is better than Trade Nation. FOREX.com finished with an overall rank of #5, while Trade Nation finished with an overall rank of #34.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
Trade Nation
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 85 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both FOREX.com and Trade Nation do not offer the ability to buy actual delivered cryptocurrency, but they do provide the option to trade cryptocurrency derivatives.
Both FOREX.com and Trade Nation provide Visa or Mastercard and bank wire options for funding accounts, but differ as FOREX.com supports ACH/SEPA transfers and PayPal, while Trade Nation exclusively supports Skrill.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | FOREX.com | Trade Nation | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 85 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Trade Nation Review |
| Broker Screenshots | FOREX.com | Trade Nation | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | FOREX.com | Trade Nation | |
|---|---|---|---|
| Trust Score | 99 | 85 | |
| Year Founded | 1999 | 2014 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | Trade Nation | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FOREX.com | Trade Nation | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FOREX.com | Trade Nation | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 1000 | |
| Forex Pairs (Total) | 80 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | No | 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 | FOREX.com | Trade Nation | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.4 | 0.6 | |
| All-in Cost EUR/USD - Active | 0.9 | 0.6 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | Trade Nation | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FOREX.com | Trade Nation | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FOREX.com | Trade Nation | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 20 | 14 | |
| Charting - Indicators / Studies (Total) | 88 | 115 | |
| Charting - Drawing Tools (Total) | 239 | 39 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | No |
| Mobile Trading | FOREX.com | 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 | 88 | 99 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | FOREX.com | Trade Nation | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | No |
| Education | FOREX.com | 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 | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FOREX.com | 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 | FOREX.com Review | Trade Nation Review |
| Overall | FOREX.com | Trade Nation | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 85 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Trade Nation Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill