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 the commissions and fees of Trade Nation and FXGT.com, it's clear that Trade Nation offers a more transparent and straightforward pricing structure, making it highly competitive among online brokers. Trade Nation is notable for offering fixed-spread pricing on its proprietary platform, unlike most brokers that typically operate on variable pricing. This means that clients can expect consistent costs in average price terms, though prices momentarily widen during the daily rollover period. For the EUR/USD pair, Trade Nation's fixed spread starts at 0.6 pips, temporarily widening to as much as 1.4 pips during this short rollover period, but generally averaging around 1 pip.
Trade Nation provides three primary types of accounts, including two based on the MetaTrader platform. The Raw Spread account charges a $3.50 commission per side for each standard lot, while a commission-free MetaTrader account is also available. Its proprietary TN Trader account is known for offering the lowest spreads when factoring in overall costs. With fixed spreads being a key advantage, Trade Nation achieves a 5-star rating for its commission and fee structure and is ranked #7 out of 62 brokers by ForexBrokers.com.
On the other hand, FXGT.com does not provide average spread data, offering limited insights into their fee structure compared to Trade Nation. While FXGT.com is a viable option, it doesn't quite match the transparency and competitive spread offerings of Trade Nation. Reflecting this, FXGT.com receives a 3.5-star rating for commissions and fees and holds the #55 position out of 62 brokers on ForexBrokers.com.
| 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.
When exploring online trading platforms, Trade Nation and FXGT.com both emerge as viable options for forex traders. Trade Nation offers a broad selection of 1,000 tradable symbols, including 46 forex pairs. Meanwhile, FXGT.com provides access to 117 tradable symbols, featuring 53 forex pairs. Despite both platforms facilitating forex trading through CFDs or spot contracts, they do not allow the purchase of exchange-traded securities on U.S. or international exchanges. Additionally, both trade platforms support copy trading and trading cryptocurrency derivatives, but neither offers the ability to buy actual cryptocurrencies.
For those prioritizing investment variety, Trade Nation appears to have an edge with a 3.5-star rating for its range of investments, compared to FXGT.com's 3-star rating. According to ForexBrokers.com, Trade Nation is ranked 38th out of 62 brokers for investment range, whereas FXGT.com is positioned at 60th. Ultimately, while both brokers have similarities, Trade Nation's more extensive selection of tradable symbols may appeal to those seeking greater market exposure.
| 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.
Trade Nation and FXGT.com both offer a range of platforms and tools suitable for traders of all levels. Both brokers provide users with the option of a free virtual demo account to familiarize themselves with the trading environment without financial risk. Trade Nation sets itself apart with its proprietary platform tailored to meet specific user needs, while FXGT.com relies on established third-party platforms. Both brokers offer MetaTrader 4, but only FXGT.com provides access to MetaTrader 5, giving traders additional access to advanced tools and features. Web-based platforms are available with both brokers, and they also support copy trading, offering traders the benefits of mimicking successful trading strategies.
In terms of technical capabilities, Trade Nation provides 39 drawing tools, which is more than FXGT.com's 23, helping users analyze the market effectively. Interestingly, FXGT.com allows trading directly from a stock chart, a feature not available with Trade Nation. When comparing watch list functionalities, Trade Nation stands out with 14 columns for customization, compared to FXGT.com's 5. Despite the differences, both brokers are rated four stars for their platforms and tools. Rankings by ForexBrokers.com give Trade Nation the edge, ranking it at #44 compared to FXGT.com's #56 among 62 brokers, highlighting a slight preference in industry feedback.
| 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.
When comparing the mobile trading apps of Trade Nation and FXGT.com, both brokers offer a comprehensive experience on both iPhone and Android devices. Each app allows users to receive stock and forex price alerts, providing timely updates for informed trading. The apps from both brokers enable watchlist symbol syncing, ensuring that any changes made on the mobile app or online account are mirrored across platforms. Trade Nation stands out in its charting capabilities, offering 99 technical studies compared to FXGT.com's 30. Both apps allow for trendline drawing and viewing of various time frames, such as daily, weekly, or intraday. Auto-saving of chart drawings is also a feature available in both apps, helping users maintain continuity in their analysis. Additionally, both platforms provide the ability to create watchlists with real-time quotes, a crucial feature for active traders.
While both Trade Nation and FXGT.com offer similar functionalities, Trade Nation's app is slightly more favored by users, earning a rating of 4 stars out of 5, compared to FXGT.com's 3.5 stars. This difference in user satisfaction is reflected in their rankings by ForexBrokers.com, where Trade Nation is positioned at #45 out of 62 brokers, while FXGT.com is at #58. Overall, the choice between these two mobile trading apps may come down to personal preference and the importance placed on certain features such as technical studies and user ratings.
| 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.
When comparing the market research offerings of Trade Nation and FXGT.com, there are noticeable differences in their features. Trade Nation provides daily market commentary and forex news from premium sources like Bloomberg and Reuters, which FXGT.com does not offer. Both platforms lack technical analysis tools from Autochartist and Trading Central, but they do provide sentiment-based trading tools. Trade Nation sets itself apart with additional research tools from Acuity Trading, such as the Signal Centre, while FXGT.com does not include this feature. On the flip side, FXGT.com features an economic calendar that tracks global news events, a tool Trade Nation doesn't have.
In terms of ratings, Trade Nation scores 3.5 stars for its research capabilities, slightly edging out FXGT.com, which holds a 3-star rating. According to ForexBrokers.com, Trade Nation ranks #42 out of 62 brokers for research, placing it ahead of FXGT.com, which is ranked #56. These rankings showcase that while both brokers have certain strengths and weaknesses, Trade Nation offers more in-depth market research tools and resources compared to FXGT.com.
| 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 | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
Trade Nation offers a more comprehensive educational experience for beginners compared to FXGT.com. With a significant selection of over 10 educational materials focused on forex or CFDs, Trade Nation supports newcomers with a wide range of articles and videos. They also provide over 10 beginner-focused videos, making it easier for novices to understand trading essentials. Furthermore, Trade Nation includes advanced video content for more experienced traders and an investor dictionary with over 50 key terms, helping traders of all levels expand their knowledge base. While Trade Nation does not hold webinars or archive them, their educational resources earn them a 3.5-star rating in the education category on ForexBrokers.com, placing them in the 41st position out of 62 brokers.
In comparison, FXGT.com falls short in educational offerings for beginners. They do not provide the minimum of 10 educational pieces dedicated to forex or CFDs, nor do they offer a substantial collection of beginner or advanced video content for traders. Like Trade Nation, FXGT.com does not conduct regular webinars or maintain an archive of recorded sessions. Though both brokers offer an investor dictionary with definitions exceeding 50 investing terms, FXGT.com's educational resources receive a lower rating of 3 stars and rank 59th out of 62 brokers in the education category on ForexBrokers.com. Overall, Trade Nation's educational content is more extensive, catering better to both beginners and experienced traders in the realm of online trading education.
| 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 62 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 #58.
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 |
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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 | 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 | No | |
| 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 | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| 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 | No |
| 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 | 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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