Written by ForexBrokers.com
In this head to head comparison of Swissquote 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 online brokers Swissquote and Trade Nation, it is clear that Swissquote established in 1996, has built a strong reputation within the financial industry. As a publicly traded company listed on a stock exchange and also functioning as a bank, Swissquote holds an impressive 5 Tier-1 licenses and 2 Tier-2 licenses. This regulatory strength contributes to its outstanding Trust Score of 99, indicating it is considered highly trusted by ForexBrokers.com.
On the other hand, Trade Nation, founded in 2014, is a privately held company not listed on a stock exchange and does not operate as a bank. This broker is backed by 2 Tier-1 licenses and 1 Tier-2 license, providing it with a Trust Score of 85, which signifies it is trusted according to ForexBrokers.com standards. While both brokers are trusted in the trading world, Swissquote's extensive regulatory credentials and higher trust score highlight its position as a leader in reliability and trustworthiness.
| Feature |
Swissquote
|
Trade Nation
|
|---|---|---|
| Year Founded | 1996 | 2014 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
Looking strictly at commissions and fees, Trade Nation is the cheaper pick. Trade Nation earns 5 stars and ranks #7 of 63 for Commissions and Fees, while Swissquote receives 3.5 stars and ranks #54 of 63. Swissquote’s appeal as a Swiss banking brand comes with slightly higher trading costs, whereas Trade Nation focuses on accessible, low-cost pricing.
Swissquote’s pricing varies by entity. In the U.K., the Elite account suits active traders who can deposit at least $10,000, pairing lower spreads with a $5 round-trip commission; the Professional account is similar but with a lower stop-out threshold. The U.K. Standard account lists EUR/USD from 1.3 pips, and the Prime account from 0.6 pips (minimums, not averages). In Luxembourg, the Standard ($1,000 minimum) starts from 1.5 pips, Premium ($5,000) narrows that, and Prime ($50,000) lists from 0.8 pips—broadly in line with U.K. pricing. In Switzerland, the Standard account ($1,000 minimum) starts from 1.7 pips on EUR/USD, Premium ($10,000) from 1.4 pips, and Prime ($50,000) from 1.1 pips; custom pricing is negotiated for high-volume traders. Overall, Swissquote’s costs are serviceable but not among the lowest.
Trade Nation offers fixed-spread pricing on its TN Trader platform and variable or commission-based options on MetaTrader. EUR/USD is listed at a fixed 0.6 pips on TN Trader, briefly widening during the daily rollover (up to about 1.4 pips), which puts the real-world average near 1 pip. On MetaTrader, you can choose a commission-free account with higher spreads or a Raw Spread account that adds a $3.50 commission per side ($7 round-trip) per standard lot. When you factor in all-in costs, Trade Nation’s fixed spreads and account choices make it a strong value for low fees.
| Feature |
Swissquote
|
Trade Nation
|
|---|---|---|
| Minimum Deposit | $1000 | $0 |
| Average spread (EUR/USD) - Standard account | N/A | 0.6 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Swissquote and Trade Nation both support forex trading as CFDs or spot contracts, but their market coverage differs. Trade Nation lists about 1,000 tradeable symbols versus Swissquote’s 472. That said, Swissquote offers a wider choice of currency pairs (80 vs 46) and is the only one of the two that lets clients buy exchange-traded securities on U.S. and international exchanges (for example, Apple on NASDAQ or Vodafone in London), whereas Trade Nation does not offer real shares.
Both brokers provide copy trading and crypto CFDs, but only Swissquote lets you buy actual cryptocurrency. Reflecting this mix, ForexBrokers.com rates Swissquote 5 stars for Range of Investments and ranks it #2 out of 63 brokers, while Trade Nation holds 3.5 stars and ranks #39. If you want access to real shares and more forex pairs, Swissquote stands out; if your focus is a large CFD symbol list, Trade Nation offers breadth.
| Feature |
Swissquote
|
Trade Nation
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 1000 |
| Forex Pairs (Total) | 80 | 46 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | 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.
Swissquote and Trade Nation both check key boxes for platform access and practice trading. Each offers a free demo (paper) account, a proprietary in-house platform, Windows desktop software, a web-based platform, copy trading, and MetaTrader 4 (MT4). Where they differ: Swissquote also supports MetaTrader 5 (MT5), while Trade Nation does not. Swissquote lets you place trades directly from a chart; Trade Nation doesn’t. Our data set doesn’t specify exact counts for built-in indicators or watchlist columns for either broker.
For Trading Platforms and Tools, Swissquote is rated 4.5 out of 5 stars and ranks #12 out of 63 brokers on ForexBrokers.com, while Trade Nation holds 4 out of 5 stars and ranks #45. If you want MT5 and chart-trading, Swissquote has the edge. If you’re fine with MT4 and a simpler setup, Trade Nation covers the basics well.
| Feature |
Swissquote
|
Trade Nation
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 86 | 115 |
| Charting - Trade From Chart | Yes | No |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Swissquote and Trade Nation offer mobile trading apps for iPhone and Android, complete with price alerts, trendline drawing tools, and auto‑saved chart annotations. If you value charting depth, Trade Nation packs in 99 technical studies compared to Swissquote’s 30, which can appeal to traders who rely on a wider set of indicators.
That said, Swissquote earns a higher Mobile Trading Apps rating (4.5 stars vs. Trade Nation’s 4 stars) and ranks #12 out of 63 brokers on ForexBrokers.com, while Trade Nation sits at #46. A key convenience feature differs: watchlist symbol syncing across mobile and web isn’t available with Swissquote, but Trade Nation supports it. Choose Swissquote for a higher‑rated overall app experience, or pick Trade Nation if you want more technical studies and seamless watchlist syncing between devices.
| Feature |
Swissquote
|
Trade Nation
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 99 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Swissquote vs Trade Nation: both brokers deliver daily market commentary and stream forex news from top-tier sources like Bloomberg or Reuters. They also share a few gaps—neither integrates Trading Central or TipRanks. Key differences emerge in tools: Swissquote includes Autochartist for technical setups and provides a full economic calendar, while Trade Nation skips Autochartist and an in-platform calendar. On the flip side, Trade Nation adds a sentiment tool showing long/short positioning and offers Acuity Trading tools (e.g., Signal Centre), which Swissquote does not.
For overall research quality, Swissquote earns 4 stars and ranks #16 out of 63 brokers at ForexBrokers.com, while Trade Nation scores 3.5 stars and ranks #43. Choose Swissquote if you want Autochartist and an easy-to-use calendar for planning around events. Pick Trade Nation if you value a built-in sentiment gauge and Acuity-powered signals to guide trade ideas.
| Feature |
Swissquote
|
Trade Nation
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | No | Yes |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing Swissquote and Trade Nation, both brokers provide plenty of self-paced learning with at least 10 beginner videos and at least 10 advanced videos covering trading topics. If you value live instruction, Swissquote stands out by hosting client education webinars every month, while Trade Nation does not currently run monthly webinars. That difference can matter if you prefer asking questions in real time as you learn the basics of forex and CFD trading.
Looking at third-party evaluations, Swissquote earns 4 out of 5 stars for education and ranks 20th out of 63 brokers at ForexBrokers.com, whereas Trade Nation scores 3.5 out of 5 stars and ranks 41st. In short, both are strong for video-based learning, but Swissquote edges ahead for beginners who want ongoing webinars alongside a sizable library of videos.
| Feature |
Swissquote
|
Trade Nation
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Swissquote is better than Trade Nation. Swissquote finished with an overall rank of #11, while Trade Nation finished with an overall rank of #34.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
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Trade Nation
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| Trust Score | 99 | 85 |
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In a Swissquote vs Trade Nation comparison, Swissquote lets you buy both real, delivered cryptocurrencies and crypto CFDs, while Trade Nation offers only cryptocurrency CFDs and does not support purchasing actual coins.
Online broker Swissquote supports ACH/SEPA, PayPal, Skrill and bank wire deposits/withdrawals (Visa/Mastercard not specified), whereas online broker Trade Nation does not support ACH/SEPA and its support for PayPal, Skrill, Visa/Mastercard and bank wires is not specified.
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 | Swissquote | Trade Nation | |
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| Trust Score | 99 | 85 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Trade Nation Review |
| Broker Screenshots | Swissquote | Trade Nation | |
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| Regulation | Swissquote | Trade Nation | |
|---|---|---|---|
| Trust Score | 99 | 85 | |
| Year Founded | 1996 | 2014 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 5 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | Trade Nation | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | 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) | Swissquote | Trade Nation | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Swissquote | Trade Nation | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 1000 | |
| Forex Pairs (Total) | 80 | 46 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | 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 | Swissquote | Trade Nation | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | 0.6 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Swissquote | Trade Nation | |
|---|---|---|---|
| Minimum Deposit | $1000 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Swissquote | Trade Nation | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Swissquote | Trade Nation | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 86 | 115 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | No |
| Mobile Trading | Swissquote | Trade Nation | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 99 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Swissquote | Trade Nation | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | No |
| Education | Swissquote | Trade Nation | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Swissquote | Trade Nation | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Swissquote Review | Trade Nation Review |
| Overall | Swissquote | Trade Nation | |
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| Trust Score | 99 | 85 | |
| Winner | check_circle | ||
| Review | Swissquote Review | Trade Nation Review |
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