Written by ForexBrokers.com
In this head to head comparison of Markets.com vs Trade Nation, 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 the online brokers Markets.com and Trade Nation, their regulatory credentials reveal noteworthy distinctions. Markets.com, established in 1999, holds a higher Trust Score of 93 out of 99 according to ForexBrokers.com, placing it in the highly trusted category. This broker carries three Tier-1 licenses, known for their high-level trustworthiness, along with one Tier-2 license. In contrast, Trade Nation, founded in 2014, has a Trust Score of 85, categorized as trusted. Trade Nation holds two Tier-1 and one Tier-2 licenses. Notably, neither broker is publicly traded or operates as a bank.
The additional Tier-1 license of Markets.com gives it an edge in regulatory standing, potentially offering clients more confidence in security and reliability. Trade Nation still offers a trustworthy service as indicated by its respectable Trust Score and regulatory licenses. These details can assist traders in evaluating which broker might better align with their preferences for safety and trustworthiness when making trading decisions online.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| Year Founded | 1999 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
Markets.com is rated 3.5 stars for commissions and fees, with a ranking of #50 out of 63 brokers according to ForexBrokers.com. Unfortunately, specific average spread data for Markets.com is not available, making it challenging to provide precise details about its cost structure.
Trade Nation, on the other hand, stands out with a 5-star rating and is ranked #7 in the same category. It offers competitive and transparent pricing, marked by a fixed spread structure for its proprietary platform. For the EUR/USD pair, Trade Nation lists a fixed spread of 0.6 pips, though it can widen to 1.4 pips during the daily rollover period, resulting in an average close to 1 pip. The brokerage also supports a commission-based Raw Spread account and a commission-free account on the MetaTrader platform. Trade Nation’s proprietary TN Trader account is noted for usually offering the lowest spreads when all costs are considered, making it an appealing choice for many traders.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | N/A | 0.6 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Active Trader or VIP Discounts | Yes | 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 Markets.com and Trade Nation for their range of investments, Markets.com offers a wider selection of tradeable symbols, totaling 2179 compared to Trade Nation's 1000. Both brokerages provide opportunities for forex trading via CFDs, with Markets.com offering 57 forex pairs, while Trade Nation provides 46. Neither platform allows clients to purchase actual shares on U.S. or international exchanges, focusing instead on CFD trading across various markets, including cryptocurrency derivatives, but not delivered cryptocurrencies.
Both brokers offer copy trading features, allowing investors to simulate the strategies of successful traders. In terms of overall range, ForexBrokers.com rates Markets.com higher, awarding it 4 stars and a rank of 29 out of 63 brokers, whereas Trade Nation scores 3.5 stars and ranks 38th in the same category. While Markets.com might appeal to those seeking a wider array of trading options, Trade Nation still presents a solid platform with a considerable range of investment opportunities.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 1000 |
| Forex Pairs (Total) | 57 | 46 |
| 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 comparing Markets.com and Trade Nation for their trading platforms and tools, both brokers offer an array of options suited for various trading styles and preferences. Each provides a free virtual demo account for simulated trading, facilitating a risk-free environment for beginners to practice. Both brokers boast proprietary platforms and support popular platforms like MetaTrader 4. However, only Markets.com offers the advanced MetaTrader 5 platform, whereas Trade Nation does not provide this option. Markets.com and Trade Nation both offer web-based and desktop trading options, allowing traders the flexibility to choose based on their needs. Copy trading is available with each, adding more versatility to their trading arsenal. Nevertheless, neither broker supports DupliTrade or ZuluTrade, focusing instead on their in-house solutions.
Charting capabilities also set these brokers apart. While both brokers allow watch list customization, Trade Nation offers 14 columns compared to Markets.com's 6, providing more detailed data at a glance. When it comes to drawing tools for charting, Trade Nation leads with 39 options, a significant edge over Markets.com, which provides only 4. Unfortunately, neither allows direct trading from stock charts. Both brokers are equally rated at 4 stars for their trading platforms and tools, yet Markets.com holds a higher overall ranking at #27 compared to Trade Nation's #44 according to ForexBrokers.com. Overall, Markets.com and Trade Nation deliver competitive features designed to cater to traders seeking reliability and diverse platform options.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| 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) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 89 | 115 |
| Charting - Drawing Tools (Total) | 4 | 39 |
| Charting - Trade From Chart | No | No |
| Watchlists - Total Fields | 6 | 14 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Markets.com and Trade Nation both provide comprehensive mobile trading experiences, with apps available for iPhone and Android users. Each platform offers key features like stock and forex price alerts and seamless syncing between mobile and online watchlists, allowing users to manage their investments conveniently. Where Markets.com holds the edge is in its MT4 default technical studies and rating of four stars for its mobile app. However, when it comes to technical analysis, Trade Nation stands out with an impressive offering of 99 technical studies on its app, as well as the ability to view different time frames such as daily, weekly, or intraday, unlike Markets.com.
For those who value user-friendly charting tools, Trade Nation allows users to draw trendlines and auto-save these drawings, adding to a smoother, more flexible trading experience. Both platforms enable users to create watchlists with real-time quotes, keeping trading efficient and timely. Despite both being rated 4 stars for mobile trading apps, Markets.com ranks higher according to ForexBrokers.com, coming in at #33 out of 63 brokers compared to Trade Nation's #45 ranking. This may be a point to consider for traders prioritizing app reliability and broad market capabilities.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 99 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When considering market research features, Markets.com and Trade Nation both deliver daily market commentary and offer forex news from renowned sources like Bloomberg and Reuters. However, neither broker provides technical analysis or fundamental research tools from companies such as Autochartist and Trading Central. Both platforms do include sentiment-based trading tools that help traders understand the ratio of long and short positions across currency pairs, aiding informed trading decisions.
In contrast, Trade Nation provides research tools from Acuity Trading, like the Signal Centre, which is absent from Markets.com’s offerings. However, Markets.com supplies a comprehensive economic calendar for tracking global news events, a tool not available with Trade Nation. Markets.com has a higher research rating of 4 stars compared to Trade Nation's 3.5 stars, and ranks higher as well at #17 out of 63 brokers as assessed by ForexBrokers.com, while Trade Nation ranks at #42.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginner traders, both Markets.com and Trade Nation offer various tools to support their users, yet there are distinct differences in their offerings. Markets.com provides regular monthly online webinars, allowing clients to engage live with educational content, although these are not available in a searchable archive format. Additionally, Markets.com excels in producing numerous educational videos tailored for both beginners and advanced traders, which is a valuable resource for individuals at different stages of their trading journey. However, an area where it falls short is in the provision of in-depth forex or CFD educational articles and an investor dictionary, which could enhance foundational learning for newcomers.
In contrast, Trade Nation presents an extensive collection of forex and CFD educational materials, ensuring beginners have access to a rich library of learning content right from the start. While it does not offer monthly webinars, Trade Nation compensates with resources that can be accessed on demand. Furthermore, their comprehensive investor dictionary serves as a handy tool for traders trying to familiarize themselves with key market terms. Both brokers offer a variety of videos for traders of all levels, but while Trade Nation may have an edge with its educational articles and dictionary, Markets.com slightly outpaces it in overall education ratings and rankings, as reflected in its 4-star rating and higher position on ForexBrokers.com.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Markets.com is better than Trade Nation. Markets.com finished with an overall rank of #23, while Trade Nation finished with an overall rank of #34.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 85 |
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While both Markets.com and Trade Nation do not offer the ability to buy actual delivered cryptocurrencies, they each facilitate the trading of cryptocurrency derivatives, enabling investors to engage in the crypto market without owning the actual digital assets.
Both Markets.com and Trade Nation do not offer ACH, SEPA, or PayPal for deposits and withdrawals, but both support Skrill, Visa, Mastercard, and bank wire transfers for managing account funds.
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 | Markets.com | Trade Nation | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
| Broker Screenshots | Markets.com | Trade Nation | |
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| Regulation | Markets.com | Trade Nation | |
|---|---|---|---|
| Trust Score | 93 | 85 | |
| Year Founded | 1999 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | Trade Nation | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| 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) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Markets.com | Trade Nation | |
|---|---|---|---|
| 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 | Markets.com | Trade Nation | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 1000 | |
| Forex Pairs (Total) | 57 | 46 | |
| 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 | Markets.com | Trade Nation | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.6 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | Trade Nation | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| 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 | Markets.com | Trade Nation | |
|---|---|---|---|
| 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) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Markets.com | Trade Nation | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 14 | |
| Charting - Indicators / Studies (Total) | 89 | 115 | |
| Charting - Drawing Tools (Total) | 4 | 39 | |
| Charting - Trade From Chart | No | No | |
| Charts can be saved | Yes | No |
| Mobile Trading | Markets.com | Trade Nation | |
|---|---|---|---|
| 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 | (default on MT4, none on Markets app) | 99 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | No |
| Research | Markets.com | Trade Nation | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | No |
| Education | Markets.com | Trade Nation | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Markets.com | Trade Nation | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Trade Nation Review |
| Overall | Markets.com | Trade Nation | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
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