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Trade Nation vs IronFX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Trade Nation vs IronFX, 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
IronFX
4/5 Stars Overall
  • Minimum Deposit: $50
  • Trust Score: 83
  • Tradeable Symbols (Total): 340

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 IronFX are both well-regarded online brokers, though they have different regulatory standing and history. Trade Nation, established in 2014, holds two Tier-1 licenses, considered highly trusted, and one Tier-2 license, indicating a strong level of trust. It has a Trust Score of 85, falling within the trusted category according to ForexBrokers.com. Despite not being a bank or a publicly listed company, Trade Nation offers a reliable platform for traders.

Founded in 2010, IronFX carries three Tier-1 licenses, reflecting a high level of trust. Although it does not have any Tier-2 licenses, it still boasts a respectable Trust Score of 83, signifying its solid reputation. Like Trade Nation, IronFX is neither a bank nor a publicly traded entity. Both firms offer dependable options for those entering the trading market, each demonstrating a commitment to secure trading environments.

Feature Trade Nation logoTrade Nation
IronFX logoIronFX
Year Founded info 2014 2010
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 3
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1

Fees

When comparing the commissions and fees of Trade Nation and IronFX, Trade Nation emerges as a more favorable option. Trade Nation employs a competitive fixed-spread pricing model across all tradable symbols on its proprietary platform, offering a stable and predictable cost structure. For the EUR/USD pair, Trade Nation lists a fixed spread of 0.6 pips, although this can widen to a maximum of 1.4 pips during rollover periods. With multiple account types, including a commission-based Raw Spread account with a $3.50 commission per side, Trade Nation receives a commendable 5-star rating and ranks as the 7th best broker in the Commissions and Fees category according to ForexBrokers.com.

In contrast, IronFX's pricing falls short in terms of competitiveness. The standard variable spread account starts at 1.8 pips, which is higher than the industry average. For those considering a zero fixed-spread account, while the spread begins at zero, a steep $18 per lot commission applies. Spreads can widen to 3 pips overnight, increasing trading costs further. As a result, IronFX is rated 4 stars for commissions and fees and is ranked 47th out of 63 brokers by ForexBrokers.com.

In conclusion, Trade Nation provides a more attractive proposition for traders focused on minimizing costs, offering clearer and more predictable pricing structures. IronFX, despite some attempts at competitive offerings, does not match the pricing efficiency seen with Trade Nation.

Feature Trade Nation logoTrade Nation
IronFX logoIronFX
Minimum Deposit info $0 $50
Average spread (EUR/USD) - Standard account info 0.6 1.2
All-in Cost EUR/USD - Active info 0.6 N/A
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info
Skrill (Deposit/Withdraw) info
Bank Wire (Deposit/Withdraw) info

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Comparing Trade Nation vs IronFX for range of investments: both brokers let you trade forex via CFDs or spot, support copy trading, and offer crypto CFDs (but not actual crypto). Trade Nation lists about 1,000 tradeable symbols, while IronFX offers around 340. For currency pairs, IronFX has the edge with 83 forex pairs versus 46 at Trade Nation. Neither broker provides exchange-traded shares on U.S. or international exchanges.

Both brokers earn 3.5 out of 5 stars for Range of Investments. In ForexBrokers.com’s rankings, Trade Nation sits at #39 out of 63, while IronFX is #52. In short, Trade Nation suits traders who want a wider overall selection of markets, whereas IronFX may appeal more to those who focus on a larger list of forex pairs.

Feature Trade Nation logoTrade Nation
IronFX logoIronFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1000 340
Forex Pairs (Total) info 46 83
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) 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). 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 vs IronFX: Both brokers provide free demo accounts and offer web and Windows desktop platforms, plus copy trading and the popular MetaTrader 4 (MT4). Neither supports MetaTrader 5 (MT5). A key difference is that Trade Nation also delivers an in-house proprietary platform, while IronFX sticks to third-party options. Another distinction: IronFX lets you place orders directly from price charts, whereas Trade Nation does not.

When it comes to third-party reviews of platform quality, ForexBrokers.com rates Trade Nation 4 stars and ranks it 45th out of 63 for Trading Platforms and Tools, while IronFX earns 3.5 stars and ranks 62nd. If you value a broker-designed platform alongside MT4, Trade Nation may appeal; if your priority is placing trades straight from charts within the platform, IronFX holds an edge.

Feature Trade Nation logoTrade Nation
IronFX logoIronFX
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No No
Charting - Indicators / Studies (Total) info 115 30
Charting - Trade From Chart info No Yes

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

Forex trading apps

Trade Nation and IronFX both offer mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts, plus chart drawing tools like trendlines that auto-save your work. A key difference is watchlist syncing: Trade Nation syncs watchlists between the mobile app and your online account, while IronFX does not.

For charting tools, Trade Nation provides 99 technical studies compared with 30 on IronFX, giving more options for analysis. Trade Nation holds a 4-star Mobile Trading Apps rating versus 3.5 stars for IronFX, and ranks #46 out of 63 brokers on ForexBrokers.com, while IronFX ranks #63. If you want deeper charting and synced watchlists, Trade Nation is the stronger choice; if you only need the basics on the go, IronFX can still do the job.

Feature Trade Nation logoTrade Nation
IronFX logoIronFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 99 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Both Trade Nation and IronFX deliver daily market commentary and stream forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones. Neither offers Autochartist. IronFX stands out with Trading Central analytics and an in-platform economic calendar, while Trade Nation counters with a sentiment tool that shows the long/short split across markets and access to Acuity Trading tools such as Signal Centre. Trade Nation does not include TipRanks or an economic calendar; IronFX’s use of TipRanks and Acuity Trading is not specified.

If you want structured analyst views and calendar-driven planning, IronFX may fit better; if you value crowd sentiment and trading signals, Trade Nation has an edge. Reflecting this, ForexBrokers.com rates Trade Nation 3.5/5 for Research (ranked 43rd of 63) and IronFX 4/5 (ranked 29th of 63).

Feature Trade Nation logoTrade Nation
IronFX logoIronFX
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info No Yes
Client sentiment data info Yes No
TipRanks info No
Acuity Trading info Yes
Economic Calendar info No Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Trade Nation vs IronFX for beginners: both brokers offer forex and CFD education with at least 10 learning pieces, and each provides 10+ beginner-friendly videos. Neither runs monthly client webinars. A key difference is depth for growing traders: Trade Nation also includes 10+ advanced videos for experienced topics, while IronFX does not.

For education quality, Trade Nation is rated 3.5/5 stars and IronFX is rated 4/5 stars. In ForexBrokers.com’s Education category, Trade Nation ranks #41 of 63 and IronFX ranks #44, meaning Trade Nation places slightly higher despite IronFX’s higher star score. If you want beginner videos, both are solid choices; if you prefer access to advanced video lessons as you progress, Trade Nation may suit you better.

Feature Trade Nation logoTrade Nation
IronFX logoIronFX
Webinars info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

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 IronFX. Trade Nation finished with an overall rank of #34, while IronFX finished with an overall rank of #48.

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
IronFX logoIronFX
Overall Rating info 4/5 Stars 4/5 Stars
Trust Score info 85 83
Range of Investments 3.5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Research 3.5/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Trade Nation or IronFX?

Online brokers Trade Nation and IronFX do not allow buying actual (delivered) cryptocurrencies, but both support trading cryptocurrency CFDs.

What funding options does each broker offer?

Online brokers Trade Nation and IronFX both do not support ACH or SEPA transfers for deposits or withdrawals, while the availability of PayPal, Skrill, Visa/Mastercard, and bank wire funding options is not specified.




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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Compare

0 of 5
Overall Rating Trade Nation IronFX
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 3.5/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 85 83
Winner check_circle
Review Trade Nation Review
Broker Screenshots Trade Nation IronFX
Broker Gallery (click to expand) info
Regulation Trade Nation IronFX
Trust Score info 85 83
Year Founded info 2014 2010
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 3
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1
Tier-1 Licenses (Highly Trusted) Trade Nation IronFX
Australia (ASIC Authorised) info Yes Yes
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 IronFX
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 IronFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1000 340
Forex Pairs (Total) info 46 83
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) 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). 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 IronFX
Average spread (EUR/USD) - Standard account info 0.6 1.2
All-in Cost EUR/USD - Active info 0.6 N/A
Inactivity Fee info No No
Order execution: Agency info No Yes
Order execution: Market Maker info Yes Yes
Funding Trade Nation IronFX
Minimum Deposit info $0 $50
PayPal (Deposit/Withdraw) info
Skrill (Deposit/Withdraw) info
Bank Wire (Deposit/Withdraw) info
Non-wire bank transfer info No No
Trading Platforms Trade Nation IronFX
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No No
cTrader info No No
Trading Tools Trade Nation IronFX
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 IronFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 99 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info No Yes
Research Trade Nation IronFX
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info No Yes
TipRanks info No
Client sentiment data info Yes No
Economic Calendar info No Yes
Education Trade Nation IronFX
Webinars info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs Trade Nation IronFX
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review Trade Nation Review
Overall Trade Nation IronFX
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 3.5/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 85 83
Winner check_circle
Review Trade Nation Review
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