ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

Plus500 vs Trade Nation 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Plus500 vs Trade Nation, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Plus500
4.5/5 Stars Overall
  • Minimum Deposit: €100
  • Trust Score: 99
  • Tradeable Symbols (Total): 5500 info
Trade Nation
4/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 85
  • Tradeable Symbols (Total): 1000

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

When comparing online brokers Plus500 and Trade Nation, it's clear that Plus500 is the more established of the two, having been founded in 2008, six years before Trade Nation in 2014. Plus500 stands out as a publicly traded company, while Trade Nation is not listed on a stock exchange. Both brokers operate without banking services, maintaining their focus on financial trading. In terms of trust and security, Plus500 shines with a ForexBrokers.com Trust Score of 99, while Trade Nation holds a respectable but lower score of 85.

Plus500 offers impressive regulatory oversight with six Tier-1 licenses, deemed highly trusted, and three Tier-2 licenses, which are considered trusted. On the other hand, Trade Nation holds two highly trusted Tier-1 licenses and one trusted Tier-2 license. These licenses reflect each broker's commitment to providing secure trading environments, but Plus500 demonstrates a higher degree of regulatory assurance, aligning with its superior Trust Score.

Feature Plus500 logoPlus500
Trade Nation logoTrade Nation
Year Founded info 2008 2014
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 6 2
Tier-2 Licenses info 3 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2

Fees

When comparing the commissions and fees of online brokers Plus500 and Trade Nation, there are notable differences. Plus500's pricing is slightly above the industry average and does not extend discounts to retail clients, although it offers cash rebates to eligible Professional clients. For the EUR/USD pair, Plus500's spreads averaged 1.5 pips in April 2024, which is higher than the industry standard. Overall, Plus500 is rated 4.0 stars and ranks 25th out of 63 brokers in the Commissions and Fees category according to ForexBrokers.com.

Trade Nation stands out with its competitive fixed-spread pricing across its trading platforms. While most brokers use variable pricing, Trade Nation maintains fixed spreads, offering a straightforward cost structure. For instance, the EUR/USD pair has a fixed spread of 0.6 pips, though it temporarily increases during the daily rollover period. On average, the spread remains close to 1 pip when considering all market conditions. Trade Nation is commended for its fixed-spread offerings, earning 5 stars and securing the 7th spot out of 63 brokers in the ForexBrokers.com rankings.

Trade Nation also provides three primary account types, including two based on the MetaTrader platform and one proprietary TN Trader account. The MetaTrader accounts include a commission-based Raw Spread account with a $3.50 commission per side and a commission-free option. Remarkably, the TN Trader account often boasts the most competitive spreads, showcasing Trade Nation's strength in delivering cost-effective trading options. Overall, Trade Nation excels in this aspect by keeping their pricing structure transparent and predictable.

Feature Plus500 logoPlus500
Trade Nation logoTrade Nation
Minimum Deposit info €100 $0
Average Spread EUR/USD - Standard info 1.5 info 0.6
All-in Cost EUR/USD - Active info 1.5 info 0.6
Active Trader or VIP Discounts info No No
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing the investment offerings of Plus500 and Trade Nation, Plus500 presents a wider array of opportunities. It provides access to 5500 tradeable symbols, significantly more than Trade Nation's 1000. Both platforms offer forex trading as CFDs, but Plus500 covers 65 forex pairs compared to Trade Nation's 46. Furthermore, Plus500 stands out by allowing users to purchase exchange-traded securities on both U.S. and international exchanges, offering direct investment in companies like Apple and Vodafone, a feature that Trade Nation does not support.

While Plus500 does not include copy trading, Trade Nation makes up for this, allowing users to follow seasoned traders. However, neither broker currently supports the purchase of actual cryptocurrencies, focusing instead on cryptocurrency derivatives. In terms of recognition, Plus500 boasts a higher rating for its range of investments with 4.5 stars, landing at a respectable 24th place out of 63 brokers, whereas Trade Nation is rated 3.5 stars and ranks 38th, according to ForexBrokers.com.

Feature Plus500 logoPlus500
Trade Nation logoTrade Nation
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 5500 info 1000
Forex Pairs (Total) info 65 46
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes info 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. 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

When comparing Plus500 and Trade Nation, both platforms offer a free virtual demo account, which is crucial for beginners to practice without financial risk. Each broker provides a proprietary platform developed in-house, but there are notable differences in their offerings. Plus500 provides a web-based trading platform but lacks a Windows-based desktop download option, while Trade Nation offers both. Furthermore, Plus500 does not support third-party platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), whereas Trade Nation provides support for MT4, catering to traders who prefer this popular software.

In terms of charting tools, Plus500 includes 22 drawing tools compared to Trade Nation's 39, yet neither broker allows direct trading from stock charts. Trade Nation excels with 14 watchlist columns versus Plus500's 10, offering more customization for monitoring market activities. Unique to Trade Nation is the availability of copy trading, an attractive feature for those looking to replicate the trades of experienced investors. Overall, Plus500 scores a higher rating (4.5 stars) compared to Trade Nation's 4 stars, reflecting its higher rank in user experience in the Trading Platforms and Tools category by ForexBrokers.com, where Plus500 stands at #14 and Trade Nation at #44 out of 63 brokers.

Feature Plus500 logoPlus500
Trade Nation logoTrade Nation
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 114 115
Charting - Drawing Tools (Total) info 22 39
Charting - Trade From Chart info No No
Watchlists - Total Fields info 10 14
View More

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

Forex trading apps

Both Plus500 and Trade Nation offer comprehensive mobile trading apps available for iPhone and Android, catering to the needs of traders on the go. Both platforms provide alert capabilities for stocks and forex, enabling users to stay informed of market changes. In addition, both apps allow watchlist syncing, ensuring seamless transitions between mobile and online account access. When it comes to technical studies for charting, Plus500 stands out with 110 options compared to Trade Nation's 99. Both apps support the drawing of trendlines and offer views across multiple time frames including daily, weekly, and intraday. However, a notable difference is in auto-saving capabilities for drawings; Trade Nation includes this feature, whereas Plus500 does not.

Plus500 and Trade Nation each support creating watchlists with real-time quotes, enhancing their appeal for active traders. Regarding user satisfaction, Plus500 receives a higher rating of 4.5 stars versus Trade Nation's 4 stars, reflecting its positive reception in mobile trading. In rankings by ForexBrokers.com for Mobile Trading Apps out of 63 brokers, Plus500 is placed at #14, while Trade Nation is ranked #45. These factors make Plus500 a slightly more attractive choice for those prioritizing advanced charting features and higher user ratings, while Trade Nation's automatic saving of chart drawings may appeal to those for whom this feature is essential.

Feature Plus500 logoPlus500
Trade Nation logoTrade Nation
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 110 99
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When it comes to market research, both Plus500 and Trade Nation provide daily market commentary for their users. However, Trade Nation stands out by offering forex news from top-tier sources like Bloomberg and Reuters, which Plus500 does not. On the flip side, Plus500 gives users access to Trading Central's technical analytics tools, surpassing Trade Nation in this area. Both brokers offer sentiment-based trading tools that help traders gauge market positions, but only Plus500 includes an economic calendar to keep investors informed of global events, whereas Trade Nation relies on Acuity Trading's research tools like Signal Centre for similar benefits.

In terms of user ratings, Plus500 edges ahead with a 4.0-star rating for research, compared to Trade Nation's 3.5 stars. Additionally, in a ranking of 63 brokers reviewed by ForexBrokers.com, Plus500 holds the 19th spot for its research offerings, significantly ahead of Trade Nation, which ranks 42nd. These differences highlight Plus500's stronger emphasis on providing comprehensive research tools and resources compared to Trade Nation's offerings.

Feature Plus500 logoPlus500
Trade Nation logoTrade Nation
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No No
Signal Centre (Acuity Trading) info No Yes
Economic Calendar info Yes No

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When comparing the educational resources available from Plus500 and Trade Nation, beginners will find both online brokers offer a solid foundation for learning forex and CFDs with more than 10 educational pieces each, including articles and videos. However, Plus500 outshines Trade Nation by offering monthly online educational webinars, along with an archive of recorded webinars that traders can access. Both brokers provide a selection of at least 10 beginner videos, ensuring newcomers have ample content at their fingertips. For more experienced traders, Plus500 and Trade Nation each offer over 10 advanced videos, catering to those looking to deepen their trading knowledge.

Trade Nation stands out with its comprehensive investor dictionary, offering definitions for more than 50 investing terms, a feature Plus500 lacks. However, Plus500 still edges ahead with a higher education rating of 4.0 stars compared to Trade Nation's 3.5 stars, reflecting the overall quality and accessibility of their educational resources. On a larger scale, Plus500 is ranked 31st, while Trade Nation is 41st out of 63 brokers for educational offerings according to ForexBrokers.com. This suggests that while both brokers provide valuable resources for beginners, Plus500 offers slightly more comprehensive educational support.

Feature Plus500 logoPlus500
Trade Nation logoTrade Nation
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes info No
Client Webinars (Archived) info Yes info No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info No Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Plus500 is better than Trade Nation. Plus500 finished with an overall rank of #14, while Trade Nation finished with an overall rank of #34.

Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.

Feature Plus500 logoPlus500
Trade Nation logoTrade Nation
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 99 85
Range of Investments 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4.0/5 Stars 5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Research 4.0/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4.0/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Plus500 or Trade Nation?

Both Plus500 and Trade Nation do not allow users to buy actual, delivered cryptocurrency, but they both offer the ability to trade cryptocurrency derivatives.

What funding options does each broker offer?

Plus500 and Trade Nation both support Skrill, Visa or Mastercard, and bank wires for deposits and withdrawals, while neither offers ACH or SEPA transfers; however, Plus500 uniquely supports PayPal, distinguishing it from Trade Nation, which does not offer this option.




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.

Select Brokers

×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFinecoBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxIUX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
Overall Rating Plus500 Trade Nation
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.0/5 Stars 5/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.0/5 Stars 3.5/5 Stars
Education 4.0/5 Stars 3.5/5 Stars
Trust Score info 99 85
Winner check_circle
Review Plus500 Review Trade Nation Review
Broker Screenshots Plus500 Trade Nation
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Plus500 Trade Nation
Trust Score info 99 85
Year Founded info 2008 2014
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 6 2
Tier-2 Licenses info 3 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2
Tier-1 Licenses (Highly Trusted) Plus500 Trade Nation
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) Plus500 Trade Nation
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info Yes No
South Africa (FSCA Authorised) info Yes Yes
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Plus500 Trade Nation
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 5500 info 1000
Forex Pairs (Total) info 65 46
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes info 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. 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 Plus500 Trade Nation
Average Spread EUR/USD - Standard info 1.5 info 0.6
All-in Cost EUR/USD - Active info 1.5 info 0.6
Active Trader or VIP Discounts info No No
Inactivity Fee info Yes No
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding Plus500 Trade Nation
Minimum Deposit info €100 $0
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms Plus500 Trade Nation
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools Plus500 Trade Nation
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 10 14
Charting - Indicators / Studies (Total) info 114 115
Charting - Drawing Tools (Total) info 22 39
Charting - Trade From Chart info No No
Charts can be saved info Yes No
Mobile Trading Plus500 Trade Nation
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 110 99
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Economic Calendar info Yes No
Research Plus500 Trade Nation
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes No
Education Plus500 Trade Nation
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes info No
Client Webinars (Archived) info Yes info No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info No Yes
Major Forex Pairs Plus500 Trade Nation
GBP/USD info Yes info Yes
USD/JPY info Yes info Yes
EUR/USD info Yes info Yes
USD/CHF info Yes info Yes
USD/CAD info Yes info Yes
NZD/USD info Yes info Yes
AUD/USD info Yes info Yes
Review Plus500 Review Trade Nation Review
Overall Plus500 Trade Nation
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.0/5 Stars 5/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.0/5 Stars 3.5/5 Stars
Education 4.0/5 Stars 3.5/5 Stars
Trust Score info 99 85
Winner check_circle
Review Plus500 Review Trade Nation Review
arrow_upward

close