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Trade Nation vs FXOpen 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Trade Nation vs FXOpen, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Trade Nation
4/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 85
  • Tradeable Symbols (Total): 1000
FXOpen
3.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 76
  • Tradeable Symbols (Total): 87

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

Trade Nation and FXOpen are both online brokerage firms with a focus on providing trading services, but they differ in their founding years and regulatory standings. Established in 2014, Trade Nation holds two Tier-1 licenses and one Tier-2 license, reflecting a commitment to maintaining regulatory oversight. With a Trust Score of 85 from ForexBrokers.com, Trade Nation falls into the "trusted" category. However, it is neither publicly traded nor operates as a bank.

In contrast, FXOpen was founded in 2003 and also holds two Tier-1 licenses. Despite its longer presence in the industry, FXOpen has a Trust Score of 76, placing it at "average risk" according to ForexBrokers.com. Like Trade Nation, FXOpen is not publicly traded and does not function as a bank. Both firms showcase their dedication to regulation by maintaining Tier-1 licenses, providing traders with a sense of security on a global scale.

Feature Trade Nation logoTrade Nation
FXOpen logoFXOpen
Year Founded info 2014 2003
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 0

Fees

When it comes to assessing commission and fees between Trade Nation and FXOpen, Trade Nation clearly takes the lead with its unique approach to pricing. Trade Nation offers competitive fixed spreads, notably 0.6 pips for the EUR/USD pair on its proprietary platform, a feature that sets it apart from many brokers who opt for variable pricing. Though their spreads temporarily widen during the daily rollover period, the overall average remains around 1 pip. Trade Nation also provides a variety of account types, including a commission-based Raw Spread account on MetaTrader and a commission-free option. Its proprietary TN Trader account seems to offer the most favorable costs, making it a compelling choice for traders who prioritize predictable pricing.

In contrast, FXOpen's fee structure is less transparent as average spread data is not readily available. This lack of clarity can be a disadvantage for traders seeking detailed cost information. However, the broker still maintains competitive standings in the industry, just not as high as Trade Nation in this category. FXOpen has other strengths, but when strictly analyzing commissions and fees, it lags behind Trade Nation.

In terms of industry recognition, Trade Nation has earned a five-star rating out of five for its commissions and fees and is ranked #7 out of 63 brokers on ForexBrokers.com. FXOpen, meanwhile, has a four-star rating and ranks #45 on the same list. This highlights Trade Nation's superior pricing strategies in comparison to FXOpen, appealing to those who seek cost-effectiveness and clarity when trading online.

Feature Trade Nation logoTrade Nation
FXOpen logoFXOpen
Minimum Deposit info $0 $100
Average Spread EUR/USD - Standard info 0.6 N/A info
All-in Cost EUR/USD - Active info 0.6 N/A info
Active Trader or VIP Discounts [DELETED] info
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) [DELETED] info
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Trade Nation and FXOpen both support forex trading through CFDs or spot contracts, but Trade Nation offers a far wider range of investments. Trade Nation lists about 1,000 tradeable symbols and 46 forex pairs, compared with FXOpen’s 87 symbols and 25 pairs. Reflecting that breadth, Trade Nation earns 3.5 out of 5 stars for Range of Investments and ranks 39th of 63 brokers on ForexBrokers.com, while FXOpen is rated 3 stars and ranks 63rd of 63.

When it comes to other assets, neither broker lets you buy exchange-traded shares on U.S. or international exchanges; both focus on derivatives. Each offers copy trading and access to cryptocurrency via derivatives, but neither supports buying actual, delivered crypto. If your priority is having more markets to trade, Trade Nation clearly offers more choices than FXOpen.

Feature Trade Nation logoTrade Nation
FXOpen logoFXOpen
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1000 87
Forex Pairs (Total) info 46 25
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No 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).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

Trade Nation and FXOpen both make it easy to get started with a free demo account and offer trading on Windows desktop and in your web browser. Trade Nation adds its own proprietary platform alongside MetaTrader 4 (MT4), while FXOpen focuses on third‑party options with both MT4 and MetaTrader 5 (MT5). Another key difference: FXOpen lets you place trades directly from price charts, whereas Trade Nation does not.

Both brokers support copy trading and earn 4 out of 5 stars for Trading Platforms and Tools. According to ForexBrokers.com, Trade Nation ranks #45 out of 63 brokers in this category, while FXOpen ranks #54. If you want MT5 and chart‑based order entry, FXOpen has the edge; if you prefer a broker’s own platform alongside MT4, Trade Nation is the better fit.

Feature Trade Nation logoTrade Nation
FXOpen logoFXOpen
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No Yes
DupliTrade [DELETED] info
ZuluTrade [DELETED] info
Charting - Indicators / Studies (Total) info 115 30
Charting - Drawing Tools (Total) [DELETED] info
Charting - Trade From Chart info No Yes
Watchlists - Total Fields [DELETED] info

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

Forex trading apps

Trade Nation and FXOpen both offer mobile trading apps for iPhone and Android. Each app supports real-time watchlists and price alerts, and you can draw trendlines on charts in both. According to ForexBrokers.com, both score 4 out of 5 stars for mobile trading, with Trade Nation ranked #46 out of 63 brokers and FXOpen ranked #55 out of 63.

Key differences show up in charting and syncing. Trade Nation includes 99 technical studies versus 30 with FXOpen, and it auto-saves your chart drawings; FXOpen does not. Trade Nation also syncs watchlists between the app and your web account, while FXOpen does not. If you want deeper chart tools and synced watchlists, Trade Nation is the stronger fit. If you just need core features like alerts, real-time quotes, and trendline drawing on iPhone or Android, FXOpen gets the job done.

Feature Trade Nation logoTrade Nation
FXOpen logoFXOpen
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 99 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info
Mobile Charting - Trendlines Autosave info Yes No
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Trade Nation vs FXOpen: both brokers provide daily market commentary and premium forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Neither platform integrates Autochartist or Trading Central. Trade Nation stands out with a sentiment tool that shows the long/short split across markets and also includes research from Acuity Trading (Signal Centre). FXOpen does not offer a sentiment tool but does include an in-platform economic calendar. TipRanks and Acuity Trading coverage for FXOpen were not specified.

In independent ratings, Trade Nation earns 3.5 stars for research and ranks #43 out of 63 brokers, while FXOpen scores 3 stars and ranks #64. In short, Trade Nation suits traders who want sentiment data and actionable signals, whereas FXOpen appeals to those who prefer planning around an integrated economic calendar. If you need third-party suites like Autochartist or Trading Central, neither broker provides them.

Feature Trade Nation logoTrade Nation
FXOpen logoFXOpen
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info No No
Client sentiment data info Yes No
TipRanks info No
Signal Centre (Acuity Trading) info Yes
Economic Calendar info No Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginner traders comparing education at Trade Nation vs FXOpen: both brokers do not host monthly client webinars. It’s not specified whether either broker maintains a searchable archive of past webinars, an investor dictionary, or whether they formally meet the threshold of 10+ total forex/CFD education pieces overall. That said, Trade Nation stands out for video content aimed at learning—offering at least 10 beginner videos and at least 10 advanced videos—while FXOpen does not meet the 10-video mark for beginner or advanced topics.

This gap shows up in ratings: Trade Nation scores 3.5/5 for Education and ranks 41st out of 63 brokers at ForexBrokers.com, while FXOpen scores 3/5 and ranks 59th. If you want a video-led path to learning forex and CFDs, Trade Nation is the stronger pick. If webinars and archival materials are important, details for both brokers are unclear based on the available information.

Feature Trade Nation logoTrade Nation
FXOpen logoFXOpen
Education (Forex or CFDs) info
Webinars info No No
Client Webinars (Archived) [DELETED] info
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) [DELETED] info

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Trade Nation is better than FXOpen. Trade Nation finished with an overall rank of #34, while FXOpen finished with an overall rank of #54.

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 logoTrade Nation
FXOpen logoFXOpen
Overall Rating info 4/5 Stars 3.5/5 Stars
Trust Score info 85 76
Range of Investments 3.5/5 Stars 3/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with Trade Nation or FXOpen?

Both Trade Nation and FXOpen do not allow the purchase of actual cryptocurrency, but they each offer options to trade cryptocurrency derivatives.

What funding options does each broker offer?

Comparing deposit and withdrawal methods, Trade Nation and FXOpen both lack ACH/SEPA and PayPal support but offer Skrill and bank wire transfers, while Visa/Mastercard availability is not specified.

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announcementPlease 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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Overall Rating Trade Nation FXOpen
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 3.5/5 Stars 3/5 Stars
Trust Score info 85 76
Winner check_circle
Review Trade Nation Review
Broker Screenshots Trade Nation FXOpen
Broker Gallery (click to expand) info
Trade Nation MetaTrader 4 desktop platform. Trade Nation MetaTrader 4 desktop charts. Trade Nation TN Trader web platform. Trade Nation TradingView connection. Trade Nation TradingView web platform trade ticket window. Trade Nation TradingView web platform. Trade Nation web platform. Trade Nation client portal web dashboard Trade Nation MetaTrader 4 desktop platform. Note: Past performance is not a reliable indicator of future performance. Trade Nation web platform Signal Centre dashboard powered by Acuity detail. Note: Past performance is not a reliable indicator of future performance. Trade Nation web platform add signal to order ticket Trade Nation web platform trade ticket limit order Trade Nation web platform charting ChartIQ. Note: Past performance is not a reliable indicator of future performance.
Regulation Trade Nation FXOpen
Trust Score info 85 76
Year Founded info 2014 2003
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-1 Licenses info 2 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 0
Tier-1 Licenses (Highly Trusted) Trade Nation FXOpen
Australia (ASIC Authorised) info Yes No
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
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 No info Yes info
Tier-2 Licenses (Trusted) Trade Nation FXOpen
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments Trade Nation FXOpen
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1000 87
Forex Pairs (Total) info 46 25
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No 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).
Cost Trade Nation FXOpen
Average Spread EUR/USD - Standard info 0.6 N/A info
All-in Cost EUR/USD - Active info 0.6 N/A info
Inactivity Fee info No Yes
Execution: Agency Broker info No Yes
Execution: Market Maker info Yes Yes
Funding Trade Nation FXOpen
Minimum Deposit info $0 $100
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info No No
Trading Platforms Trade Nation FXOpen
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
Trading Tools Trade Nation FXOpen
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 115 30
Charting - Trade From Chart info No Yes
Charts can be saved info No Yes
Mobile Trading Trade Nation FXOpen
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 99 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes No
Mobile Research - Economic Calendar info No Yes
Research Trade Nation FXOpen
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info No No
TipRanks info No
Client sentiment data info Yes No
Economic Calendar info No Yes
Education Trade Nation FXOpen
Webinars info No No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs Trade Nation FXOpen
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 Trade Nation Review
Overall Trade Nation FXOpen
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 3.5/5 Stars 3/5 Stars
Trust Score info 85 76
Winner check_circle
Review Trade Nation Review
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