Written by ForexBrokers.com
In this head to head comparison of Trade Nation vs GBE brokers, 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 GBE Brokers, both established in the early 2010s, cater to online trading enthusiasts but differ significantly in regulatory standings. Trade Nation, founded in 2014, demonstrates a higher level of trust with a ForexBrokers.com Trust Score of 85, falling into the "trusted" category. It holds two top-tier licenses and one additional middle-tier license, enhancing its credibility in the trading sphere. Not being publicly traded or a bank does not hinder its standing given its strong regulatory backing.
In comparison, GBE Brokers, which commenced operations in 2013, holds a Trust Score of 71, placing it in the "average risk" classification. This broker holds only one top-tier license, slightly limiting its regulatory assurance. Despite neither being a publicly listed entity nor a bank, GBE Brokers still offers opportunities for trading, though potential clients might consider the differences in their trust ratings and regulatory licenses when choosing between these two online brokers.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| Year Founded | 2014 | 2013 |
| 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 |
Trade Nation provides a straightforward pricing structure with its fixed-spread model, setting it apart from brokers that primarily use variable spreads. On its proprietary TN Trader platform, Trade Nation offers a fixed spread of 0.6 pips for the EUR/USD pair. However, during the daily rollover period, spreads can widen to as much as 1.4 pips, placing the average around 1 pip. On the MetaTrader platform, Trade Nation features both a commission-free account and a Raw Spread account, where traders incur a $3.50 commission per side for each standard lot. The MetaTrader commission-free account has higher spreads compared to the more competitive rates seen on the TN Trader account when evaluating the total costs.
In comparison, GBE brokers do not disclose average spread data, which makes it challenging to directly compare their cost structure against Trade Nation. Nonetheless, GBE brokers maintain a solid reputation in the market. Despite this lack of transparency, Trade Nation stands out, earning a 5-star rating for its commissions and fees. GBE brokers receive a commendable 4-star rating in the same category.
When looking at rankings among 63 brokers reviewed by ForexBrokers.com, Trade Nation achieves a notable position at #7, reflecting its competitive pricing and favorable commission structures. GBE brokers, while still respected, come in at #37. These rankings highlight Trade Nation's commitment to offering more predictable and advantageous pricing to its traders, further enhancing its appeal among online brokerage options.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $0 | $500 |
| 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 | Yes |
| 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 options available, both Trade Nation and GBE Brokers offer forex trading either as a contract for difference (CFD) or a spot contract. However, Trade Nation provides a wider selection of 1,000 tradeable symbols compared to GBE Brokers' 500. Despite this, GBE Brokers leads slightly in forex pairs with 71 options, whereas Trade Nation offers 46. It's important to note that neither platform provides direct access to exchange-traded securities on U.S. or international exchanges, such as buying Apple or Vodafone shares directly.
Both brokers accommodate traders interested in cryptocurrency derivatives, but they don't allow the purchase of actual cryptocurrency. Additionally, they offer copy trading services, which can be beneficial for investors looking to mirror the strategies of seasoned traders. Rated equally with a 3.5-star score for the range of investments, Trade Nation ranks 38th, while GBE Brokers holds the 44th spot among 63 brokers, according to ForexBrokers.com. Whether you're drawn to a broad selection of tradeable symbols or an extensive range of forex pairs, both brokers offer competitive features to suit diverse investment needs.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 500 |
| Forex Pairs (Total) | 46 | 71 |
| 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 GBE Brokers both offer free virtual demo accounts, allowing users to practice trading without any financial risk. While Trade Nation boasts a proprietary platform developed in-house, providing a unique trading experience, GBE Brokers relies on more common platforms such as MetaTrader 4 and MetaTrader 5 for its services. Both brokers accommodate traders who prefer to trade on the go with web-based platforms and Windows-based desktop downloads. Additionally, copy trading is a feature available on both platforms, although neither supports external tools like DupliTrade or ZuluTrade.
When delving into trading tools, Trade Nation provides 39 drawing tools for charting, more than double GBE Brokers' offering of 15. However, technical indicators are not specified for either platform. Chart trading functionality is available only with GBE Brokers, while Trade Nation does not support this feature. For investors keen on watch lists, Trade Nation offers more customization with 14 columns compared to GBE Brokers' 7. Despite both scoring 4 stars for their trading platforms and tools, on ForexBrokers.com, Trade Nation is ranked at #44, outperforming GBE Brokers, which is ranked #57.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| 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 | 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.
When comparing the mobile trading apps offered by Trade Nation and GBE brokers, both platforms provide options for iPhone and Android users. Traders will find essential features like stock or forex price alerts on both apps. Trade Nation, however, enhances its appeal with the ability to sync watchlists between the app and online account, ensuring that any changes are updated seamlessly. Meanwhile, this convenient syncing feature is absent in the GBE brokers app.
Charting capabilities also set the two apart. Trade Nation offers 99 technical studies for in-depth market analysis, significantly surpassing GBE brokers, which provides 30 technical studies. Both apps allow users to draw trendlines and view various time frames on charts, with auto-save functionality for chart drawings. Additionally, creating watchlists with real-time quotes is possible on both platforms. Despite these differences, both brokers receive a respectable 4-star rating for their mobile trading apps, though Trade Nation ranks higher at #45 compared to GBE brokers at #57, out of 63 brokers reviewed by ForexBrokers.com.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| 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 exploring the market research offerings of Trade Nation and GBE brokers, there are notable contrasts to consider. Both platforms provide daily market commentary and sentiment-based trading tools, ensuring traders have access to timely market insights and can monitor long or short positions on various instruments. However, Trade Nation stands out with its access to forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones, a feature absent in GBE brokers. Furthermore, Trade Nation integrates research tools from Acuity Trading, though it lacks both an economic calendar and analysis tools from firms like Autochartist and Trading Central. This presents a balanced offering that earns Trade Nation a research rating of 3.5 stars and ranks it 42nd among 63 brokers on ForexBrokers.com.
On the other hand, GBE brokers, while offering standard daily commentary and sentiment analysis, falls short in a few areas. The absence of top-tier forex news sources and research tools from companies such as Acuity Trading limits its market research capabilities. Nonetheless, GBE brokers compensates slightly with an economic calendar, assisting traders in tracking global economic events. Despite these tools, GBE brokers receives a lower research rating of 3 stars and is ranked 62nd out of 63 brokers on ForexBrokers.com, reflecting its more limited research offerings compared to Trade Nation. Overall, these differences might influence your choice depending on the depth and type of research you prioritize in an online broker.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| 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 | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Trade Nation offers a comprehensive approach for those starting their journey in forex and CFD trading. Trade Nation provides a variety of educational materials, including over ten pieces focusing on forex and CFDs, as well as a strong collection of beginner and advanced videos. These resources help newcomers gain confidence and skills needed for trading success. Additionally, Trade Nation features an investor dictionary, which covers more than 50 investing terms, allowing users to deepen their understanding of the trading world. With a 3.5-star rating for education and a ranking of #41 out of 63 brokers, Trade Nation is a reliable starting point for beginners.
In contrast, GBE brokers offer fewer educational resources tailored for beginners. Unlike Trade Nation, GBE brokers do not provide a substantial number of educational pieces or videos for either beginners or advanced traders. Furthermore, GBE brokers lack an investor dictionary, making it more challenging for new traders to grasp essential trading concepts and terminology. With a 3-star rating and a lower industry ranking of #63, GBE brokers may not be the ideal choice for those seeking extensive educational support at the outset of their trading journey.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| 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 | 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 GBE brokers. Trade Nation finished with an overall rank of #34, while GBE brokers finished with an overall rank of #57.
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
|
GBE brokers
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 85 | 71 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both Trade Nation and GBE Brokers provide the ability to buy cryptocurrency derivatives but do not offer the option to purchase actual delivered cryptocurrency.
When comparing Trade Nation and GBE brokers, GBE brokers stands out for offering more flexible deposit and withdrawal options, including ACH, SEPA, and PayPal, all of which are absent from Trade Nation; however, both brokers support Skrill, Visa, Mastercard, and bank wire 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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Trade Nation | GBE brokers | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 71 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
| Broker Screenshots | Trade Nation | GBE brokers | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | Trade Nation | GBE brokers | |
|---|---|---|---|
| Trust Score | 85 | 71 | |
| Year Founded | 2014 | 2013 | |
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 500 | |
| Forex Pairs (Total) | 46 | 71 | |
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $0 | $500 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Trade Nation | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | Yes | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | GBE brokers | |
|---|---|---|---|
| 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 | No |
| Major Forex Pairs | Trade Nation | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 71 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill