Written by ForexBrokers.com
In this head to head comparison of Trade Nation vs FXPrimus, 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.
Trade Nation and FXPrimus, both established online brokers, vary notably in their regulatory standings. Founded in 2014, Trade Nation is equipped with two Tier-1 licenses and one Tier-2 license, aligning with a Trust Score of 85 that ranks it within the trusted category according to ForexBrokers.com. It isn't publicly traded nor operates as a bank, yet it maintains a strong regulatory presence in the financial market.
On the other hand, FXPrimus, founded five years earlier in 2009, holds one Tier-1 license and doesn’t hold any Tier-2 licenses, which contributes to its Trust Score of 71—placing it at an average risk level. Like Trade Nation, FXPrimus isn't listed on a stock exchange and does not function as a bank. While both brokers show commitment to regulation, Trade Nation holds a stronger trust factor in the realm of online trading.
| Feature |
Trade Nation
|
FXPrimus
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees of Trade Nation and FXPrimus, Trade Nation stands out with its consistent fixed-spread pricing model available on its proprietary platform, alongside a variable-spread option on its MetaTrader platform. The broker offers a notably competitive fixed spread of 0.6 pips for the EUR/USD currency pair, although this can widen to 1.4 pips during a daily rollover period. On average, factoring in these variations, the spread rounds to about 1 pip, making Trade Nation's pricing transparent and stable for traders. The broker provides a variety of account types, including a commission-based Raw Spread account and a commission-free account on MetaTrader, as well as its TN Trader account, which typically comes with the lowest all-in costs.
In contrast, FXPrimus does not offer detailed average spread data, which makes it harder to directly evaluate their pricing competitiveness. The absence of specific spread information might be a disadvantage for traders looking for pricing transparency. Therefore, while FXPrimus provides various trading options, the lack of detailed spread information could be a drawback when compared to the clear, fixed-spread offerings of Trade Nation.
When it comes to ratings, Trade Nation impressively earns a 5-star rating for commissions and fees, securing the 7th spot out of 63 brokers according to ForexBrokers.com. FXPrimus, on the other hand, holds a 4-star rating, ranking at number 42 in the same category. This ranking highlights Trade Nation's superior performance and attractiveness to traders focused on fees and commissions.
| Feature |
Trade Nation
|
FXPrimus
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| 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 | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the investment offerings of Trade Nation and FXPrimus, both platforms provide similar options for forex trading, as they support both CFD and spot contract formats. Investors will find that Trade Nation leads in variety with a broad selection of 1,000 tradeable symbols, which notably surpasses FXPrimus's offering of 140 symbols. Despite this, both platforms maintain a relatively comparable selection of forex pairs, with Trade Nation featuring 46 pairs and FXPrimus slightly trailing at 42 pairs. Neither broker offers direct access to purchase actual stocks on U.S. or international exchanges, as their services are entirely CFD-based.
In terms of more modern investment options, both brokers allow for cryptocurrency trading but only through derivative products rather than actual coins. For those interested in social investing, each platform supports copy trading, enabling clients to mimic the strategies of experienced traders. With respect to their investment range, both brokers received a 3.5-star rating. However, Trade Nation ranks higher at 38th place among 63 brokers, compared to FXPrimus's 59th position, indicating a more extensive offering relative to its peers.
| Feature |
Trade Nation
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 140 |
| Forex Pairs (Total) | 46 | 42 |
| 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 FXPrimus both offer comprehensive trading platforms with features that cater to different user needs. If you are looking to familiarize yourself before diving into live trading, both brokers provide free virtual demo accounts, which can be a great learning tool. Each company has developed its proprietary platform, giving traders unique tailored experiences. For those who prefer flexibility, both provide Windows-based desktop platforms and convenient web-based options. While you can copy the trading strategies of others on both platforms, Trade Nation and FXPrimus support MetaTrader 4 (MT4); however, only FXPrimus extends support to the more advanced MetaTrader 5 (MT5). Neither platform offers DupliTrade or ZuluTrade, which might be worth considering if you are keen on these services.
When it comes to charting and customization, Trade Nation presents a more versatile set of drawing tools with 39 options compared to FXPrimus's 15. FXPrimus, however, uniquely allows trading directly from a stock chart, a feature absent in Trade Nation. Both brokers accommodate various watch list options, although Trade Nation offers more columns for customization. Rated four stars for their trading platforms and tools, both brokers are commendable in their offerings. However, Trade Nation slightly outranks FXPrimus, placing #44 out of 63 brokers, while FXPrimus stands at #49, suggesting a marginally higher approval for Trade Nation in this category.
| Feature |
Trade Nation
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| 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 | 30 |
| Charting - Drawing Tools (Total) | 39 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 14 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Trade Nation and FXPrimus both offer versatile mobile trading apps available for iPhone and Android users. These apps provide essential features like stock and forex price alerts, and the flexibility to view multiple time frames on charts. While both platforms allow you to draw trendlines and auto-save these drawings, Trade Nation offers an edge with the ability to sync watchlists across devices, making management seamless between mobile and online accounts. Additionally, Trade Nation stands out by offering a wider range of technical studies with 99 options compared to FXPrimus's 30, enhancing the charting experience for users.
Both trade apps have capabilities for creating watchlists with real-time quotes, catering to the immediate needs of traders. In terms of user satisfaction, both are rated at four out of five stars for their mobile apps. However, Trade Nation is slightly ahead in rankings, sitting at #45 out of 63 brokers compared to FXPrimus at #48, as evaluated by ForexBrokers.com. This subtle distinction may influence traders who prioritize advanced charting features and seamless device integration in their mobile trading experience.
| Feature |
Trade Nation
|
FXPrimus
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| 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 FXPrimus, both platforms provide daily market commentary. However, Trade Nation takes the lead by delivering forex news sourced from top-tier providers like Bloomberg, Reuters, and Dow Jones, a feature that FXPrimus does not offer. Furthermore, Trade Nation equips traders with sentiment-based tools that display the ratio of long or short positions across currency pairs, enhancing trading strategies with insightful market sentiment. In contrast, FXPrimus does not provide similar sentiment tools.
Trade Nation also includes research tools from Acuity Trading, offering resources like Signal Centre, which FXPrimus lacks. On the other hand, FXPrimus features an economic calendar highlighting global news events, a tool not available with Trade Nation. Overall, based on research ratings, Trade Nation scores 3.5 stars, while FXPrimus earns 3 stars. ForexBrokers.com ranks Trade Nation at #42 among 63 brokers for research capabilities, outperforming FXPrimus, which is positioned at #58.
| Feature |
Trade Nation
|
FXPrimus
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners, both Trade Nation and FXPrimus offer materials to get new traders started on forex and CFDs. Each of these brokers provides a substantial number of educational pieces, such as articles and videos. However, Trade Nation stands out with its collection of beginner and advanced educational videos tailored to both new and experienced traders. Additionally, Trade Nation offers an investor dictionary with definitions for over 50 investing terms, aiding novices in understanding the trading landscape.
In contrast, FXPrimus excels by offering online educational webinars regularly, including a searchable archive for those seeking knowledge on demand. This is beneficial for traders who prefer interactive learning sessions and the ability to revisit past webinars. While both brokers earn decent ratings for their educational offerings, Trade Nation edges slightly ahead with a 3.5-star rating compared to FXPrimus's 3 stars. According to ForexBrokers.com, Trade Nation holds a higher position, ranked at 41 out of 63 brokers for education, whereas FXPrimus is positioned at 51. Overall, both platforms provide valuable learning tools, but they cater to different learning preferences.
| Feature |
Trade Nation
|
FXPrimus
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
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 FXPrimus. Trade Nation finished with an overall rank of #34, while FXPrimus finished with an overall rank of #53.
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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FXPrimus
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 71 |
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Both Trade Nation and FXPrimus do not offer the option to buy actual (delivered) cryptocurrency, but they do provide the ability to trade cryptocurrency derivatives.
Both Trade Nation and FXPrimus provide deposit and withdrawal options via Skrill, Visa or Mastercard, and bank wires, but neither broker supports ACH, SEPA or PayPal transactions.
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 | FXPrimus | |
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| Trust Score | 85 | 71 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
| Broker Screenshots | Trade Nation | FXPrimus | |
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| Regulation | Trade Nation | FXPrimus | |
|---|---|---|---|
| Trust Score | 85 | 71 | |
| Year Founded | 2014 | 2009 | |
| 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 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Trade Nation | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 140 | |
| Forex Pairs (Total) | 46 | 42 | |
| 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 | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Trade Nation | FXPrimus | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| 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 | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Trade Nation | FXPrimus | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 14 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 30 | |
| Charting - Drawing Tools (Total) | 39 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Trade Nation | FXPrimus | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| 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 | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | FXPrimus | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Trade Nation | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
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| Trust Score | 85 | 71 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
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