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 |
Looking at commissions and fees, Trade Nation comes out ahead for clarity and potential cost. It earns 5 out of 5 stars and ranks #7 out of 63 brokers, while Markets.com scores 3.5 out of 5 stars and ranks #51 out of 63. Markets.com does not provide average spread data, which makes it harder to compare costs directly.
Trade Nation offers fixed-spread pricing on its TN Trader platform and variable spreads on MetaTrader, plus a Raw Spread account on MetaTrader that charges $3.50 per side ($7 round trip) per standard lot. On TN Trader, EUR/USD is listed at a fixed 0.6 pips, though spreads briefly widen during the daily rollover (about one hour) to as much as 1.4 pips; factoring this in, the real average is closer to 1 pip. TN Trader generally delivers the lowest all-in costs, while the MetaTrader commission-free account carries the highest spreads.
Markets.com’s lack of published average spread data limits price transparency, which likely contributes to its lower 3.5-star rating and #51 ranking. If you want predictable pricing and a clear view of trading costs, Trade Nation is the stronger pick, whether you prefer fixed spreads on TN Trader or the MetaTrader Raw account with a per-trade commission.
| 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.
Markets.com vs Trade Nation: for range of investments, Markets.com lists 2,179 tradeable symbols compared with Trade Nation’s 1,000. Forex coverage is also wider at Markets.com with 57 currency pairs versus 46 at Trade Nation. Both brokers let you trade forex as CFDs (contracts for difference) or spot-style contracts.
Neither broker offers real, exchange-traded shares on U.S. or international markets, and neither lets you buy actual cryptocurrency; instead, both provide crypto derivatives and support copy trading. Overall, Markets.com takes the lead with a 4-star Range of Investments rating (ranked 30th of 63), while Trade Nation holds 3.5 stars (39th of 63).
| 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.
Markets.com vs Trade Nation: both brokers cover the essentials for trading platforms and tools. Each offers a free demo (paper) account, a proprietary platform, and both a Windows desktop download and a web-based platform. Copy trading and MetaTrader 4 (MT4) are available at both; only Markets.com adds MetaTrader 5 (MT5). Neither broker supports DupliTrade or ZuluTrade, and neither lets you place trades directly from charts.
For charting and workflow, Trade Nation includes 39 drawing tools compared with 4 at Markets.com; indicator counts weren’t specified for either. Watchlists are also more customizable at Trade Nation (14 columns) than at Markets.com (6). Both earn 4 out of 5 stars for Trading Platforms & Tools, but Markets.com ranks higher overall (#27 of 63) than Trade Nation (#45 of 63). Pick Markets.com if you want MT5 with MT4; choose Trade Nation if richer drawing tools and watchlist fields matter more to you.
| 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 offer mobile trading apps for iPhone and Android. Each app supports real-time watchlists, price alerts, and watchlist syncing with your web account, plus the ability to draw trendlines on charts. Both earn 4 out of 5 stars for mobile trading. In ForexBrokers.com’s Mobile Trading Apps category, Markets.com ranks #34 out of 63, while Trade Nation ranks #46.
Charting is where they differ. Trade Nation packs 99 technical studies, lets you switch between multiple time frames (intraday to weekly), and automatically saves your chart drawings. Markets.com’s proprietary app does not include built-in technical indicators and doesn’t support multiple time frames or auto-saving drawings; however, if you use MT4 through Markets.com, you can access the standard MT4 indicators. Choose Trade Nation if you want deeper chart tools on mobile; pick Markets.com if you’re focused on synced watchlists and alerts and may rely on MT4 for indicators.
| 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.
Markets.com and Trade Nation both deliver daily market commentary and stream forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones. Each includes a sentiment tool showing long vs. short positioning. Neither broker integrates Autochartist, Trading Central, or TipRanks. The notable differences: Trade Nation adds research from Acuity Trading (such as Signal Centre), while Markets.com provides an in-platform economic calendar to track upcoming global events—something Trade Nation lacks.
According to ForexBrokers.com, Markets.com earns 4 stars for Research and ranks 17th out of 63 brokers, while Trade Nation scores 3.5 stars and ranks 43rd. If you want a higher-rated research suite and a built-in economic calendar, Markets.com is the stronger pick; if access to Acuity Trading signals matters most, Trade Nation has that edge.
| 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
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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) | |||
| 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) | |||
| 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) |
| 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 | 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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