Written by ForexBrokers.com
In this head to head comparison of Trade Nation vs FXGT.com, 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.
When comparing Trade Nation to FXGT.com in terms of regulation and trustworthiness, several factors stand out. Trade Nation, established in 2014, has built a solid reputation with a Trust Score of 85 from ForexBrokers.com, placing it in the trusted category. This score reflects Trade Nation's compliance with safety standards, as evidenced by its two Tier-1 licenses, which are highly regarded regulatory credentials. Although it holds one Tier-2 license as well, Trade Nation is neither publicly traded nor operates as a bank, indicating it focuses on transparent and secure trading without the additional complexities of banking or stock exchange listing.
In contrast, FXGT.com, which entered the market in 2019, garners a Trust Score of 69 from ForexBrokers.com. This rating places it in the high-risk category, signaling a need for caution among potential clients. As with Trade Nation, FXGT.com is neither publicly traded nor a bank, but it holds one Tier-1 and one Tier-2 license. While it is a newer player with a focus on regulatory standards, its lower trust score suggests that traders should carefully consider the risk factors involved. By understanding these regulatory differences, traders can make informed decisions based on their priorities for safety and risk management.
| Feature |
Trade Nation
|
FXGT.com
|
|---|---|---|
| Year Founded | 2014 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When comparing Trade Nation and FXGT.com for their commissions and fees, Trade Nation stands out with its competitive fixed-spread pricing strategy. Trade Nation offers fixed spreads across all tradeable symbols on its proprietary TN Trader platform, with a notable fixed spread of 0.6 pips for the EUR/USD pair. While spreads do widen up to 1.4 pips during the rollover period, the average spread remains attractive at around 1 pip. This straightforward structure eliminates the need for calculations and provides transparency for traders. On the other hand, FXGT.com does not provide average spread data, which can be a crucial factor for traders as they evaluate cost-effectiveness.
Trade Nation offers various account types including a commission-based Raw Spread account on MetaTrader with a $3.50 commission per side per standard lot, and a commission-free account. Its TN Trader account on the proprietary platform appears to have the lowest all-in costs. Conversely, FXGT.com lacks detailed information about spread averages, making Trade Nation's clear pricing a more appealing option for traders who prioritize cost transparency.
In terms of ratings, Trade Nation excels with a 5-star rating for commissions and fees, ranking #7 out of 63 brokers. FXGT.com, in comparison, receives a 3.5-star rating and ranks at #56. This highlights Trade Nation's commitment to offering favorable pricing terms, positioning it as a preferred choice for traders focusing on minimizing costs.
| Feature |
Trade Nation
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $0 | $5 |
| 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 | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Trade Nation and FXGT.com both offer forex trading through CFDs or spot contracts, appealing to currency traders seeking a flexible platform. While Trade Nation presents an array of 1000 tradeable symbols, FXGT.com provides 117. Despite the wider selection of symbols, Trade Nation falls slightly behind in forex pair offerings with 46 pairs compared to FXGT.com's 53. Both platforms do not include the option to purchase exchange traded securities from U.S. or international exchanges directly, such as stocks like Apple or Vodafone.
In addition to forex pair trading, both Trade Nation and FXGT.com cater to traders interested in cryptocurrency derivatives rather than actual cryptocurrencies. Copy trading is also a shared feature, allowing users on both platforms to potentially benefit from the strategies of more experienced traders. When evaluated on their range of investments, Trade Nation receives a rating of 3.5 stars and claims the 38th spot in ForexBrokers.com's ranking, while FXGT.com, with a 3-star rating, ranks 61st out of the 63 brokers evaluated. This highlights Trade Nation's broader variety of offerings compared to FXGT.com, which could be pivotal for investors focusing on investment diversity.
| Feature |
Trade Nation
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 117 |
| Forex Pairs (Total) | 46 | 53 |
| 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.
When it comes to trading platforms and tools, both Trade Nation and FXGT.com offer a variety of options to suit different trader preferences. Both brokers provide simulated (paper) trading through a free virtual demo account, making it easy for newcomers to practice without financial risk. Trade Nation stands out by providing a proprietary platform developed in-house alongside a Windows-based desktop and web-based trading platform. FXGT.com, while lacking a proprietary platform, offers the popular MetaTrader 5 in addition to MetaTrader 4, which might appeal to those looking for advanced features. Both brokers support copy trading, ensuring traders can learn from and emulate successful strategies.
For charting enthusiasts, Trade Nation offers 39 drawing tools and 14 columns for watchlists, giving traders comprehensive ways to analyze and track their investments. FXGT.com, on the other hand, offers 23 drawing tools and 5 columns for watchlists but supports the ability to trade directly from a stock chart, which can provide added convenience. Both brokers are rated 4 out of 5 stars for their trading platforms and tools, but Trade Nation is ranked higher at #44 compared to FXGT.com's #56 ranking by ForexBrokers.com. This suggests a slight edge in user satisfaction with the platforms offered by Trade Nation.
| Feature |
Trade Nation
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | 37 |
| Charting - Drawing Tools (Total) | 39 | 23 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 14 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Trade Nation and FXGT.com offer comprehensive mobile trading apps for iPhone and Android users, catering to traders on the go. Each platform allows users to receive price alerts for stocks and forex, providing timely notifications to assist in decision making. Furthermore, both apps ensure that watchlist symbols are seamlessly synced with the user's online account, so updates are reflected across platforms. When it comes to charting capabilities, both apps allow drawing of trendlines and viewing multiple time frames on stock or forex charts, with an added benefit of auto-saving these chart annotations.
Trade Nation provides a significant edge with 99 technical studies available in its mobile app, compared to FXGT.com's 30. Both apps enable users to create watchlists populated with real-time quotes, ensuring a comprehensive view of market movements. In terms of user satisfaction, Trade Nation edges out FXGT.com with a 4-star rating compared to 3.5 stars. Additionally, ForexBrokers.com ranks Trade Nation at #45 among 63 brokers for mobile trading apps, while FXGT.com holds the #58 spot, making Trade Nation a slightly more favored choice for mobile trading needs.
| Feature |
Trade Nation
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 99 | 30 |
| 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.
Trade Nation and FXGT.com both provide certain market research tools for online traders, but they differ in their offerings' breadth and depth. Trade Nation stands out with daily market commentary and access to forex news from reputable sources like Bloomberg and Reuters, which FXGT.com lacks. Both brokers don't offer technical analysis or research tools from Autochartist or Trading Central. However, they each provide a sentiment-based trading tool, giving traders insight into market sentiment across currency pairs. Trade Nation leverages Acuity Trading tools, unlike FXGT.com, which instead features an economic calendar forecasting global news events, a service Trade Nation does not provide.
When evaluating overall research ratings, Trade Nation scores higher with a 3.5-star rating compared to FXGT.com's 3 stars. These differences reflect in their respective rankings, with Trade Nation positioned at #42 and FXGT.com at #56 among 63 brokers evaluated by ForexBrokers.com. Trade Nation's strength lies in its detailed market news and third-party tool integrations, whereas FXGT.com may appeal to those who prioritize economic event insights through its calendar. These factors can significantly influence a trader's decision when choosing a broker based on research capabilities.
| Feature |
Trade Nation
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources of Trade Nation and FXGT.com, Trade Nation clearly stands out as the more beginner-friendly option. Trade Nation offers a wide range of educational materials, exceeding ten pieces in the form of articles, videos, and more, focusing on forex and CFDs. Additionally, they provide over ten educational videos specifically crafted for beginners, which makes them an appealing choice for new traders. FXGT.com, on the other hand, falls short in these areas, lacking the same breadth of beginner resources and not meeting the ten-piece minimum for educational content. However, both platforms do offer an investor dictionary with over 50 terms, making them useful for those looking to understand trading jargon.
Despite both brands not hosting regular online educational webinars or offering a searchable archive of past webinars, Trade Nation still edges out FXGT.com by offering more extensive educational content for both beginners and advanced traders. Trade Nation's educational offerings have earned them a 3.5-star rating in this category, ranking them #41 out of 63 brokers according to ForexBrokers.com. Conversely, FXGT.com receives a lower rating of 3 stars and ranks #60, reflecting their limited educational support for traders. This comparison highlights Trade Nation as the better platform for beginners seeking structured trading education and resources.
| Feature |
Trade Nation
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| 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 FXGT.com. Trade Nation finished with an overall rank of #34, while FXGT.com finished with an overall rank of #59.
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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FXGT.com
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| Overall Rating |
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| Trust Score | 85 | 69 |
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Trade Nation and FXGT.com both offer the ability to trade cryptocurrency derivatives, however, neither platform allows users to purchase actual (delivered) cryptocurrencies.
While Trade Nation offers deposit and withdrawal methods via Skrill, Visa or Mastercard, and bank wires, it lacks ACH or SEPA transfers and PayPal options, whereas FXGT.com provides ACH or SEPA transfers, Visa or Mastercard, and bank wire solutions, but does not support PayPal or 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.
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0 of 5| Overall Rating | Trade Nation | FXGT.com | |
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| Trust Score | 85 | 69 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
| Broker Screenshots | Trade Nation | FXGT.com | |
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| Regulation | Trade Nation | FXGT.com | |
|---|---|---|---|
| Trust Score | 85 | 69 | |
| Year Founded | 2014 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | No | ||
| Hong Kong (SFC Authorised) | No | ||
| Japan (SFC Authorised) | No | ||
| Singapore (MAS Authorised) | No | ||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | ||
| USA (CFTC Authorized) | No | ||
| New Zealand (FMA Authorised) | No | ||
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Trade Nation | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| Investments | Trade Nation | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 117 | |
| Forex Pairs (Total) | 46 | 53 | |
| 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 | FXGT.com | |
|---|---|---|---|
| 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 | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $0 | $5 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Trade Nation | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 14 | 5 | |
| Charting - Indicators / Studies (Total) | 115 | 37 | |
| Charting - Drawing Tools (Total) | 39 | 23 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Trade Nation | FXGT.com | |
|---|---|---|---|
| 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 | 99 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Trade Nation | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Trade Nation | FXGT.com | |
|---|---|---|---|
| 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 |
| Overall | Trade Nation | FXGT.com | |
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| Trust Score | 85 | 69 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
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