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 | 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 | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | 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.
Comparing Swissquote vs Trade Nation for range of investments: both brokers offer forex trading (CFDs or spot) and support copy trading. Trade Nation lists about 1,000 tradeable symbols to Swissquote’s 472, yet Swissquote provides wider currency coverage with 80 forex pairs versus Trade Nation’s 46. Both offer cryptocurrency derivatives, but only Swissquote also lets you buy actual crypto.
Swissquote stands out for real share dealing: you can buy exchange-traded securities on U.S. and international markets (for example, Apple on Nasdaq and Vodafone in London). Trade Nation doesn’t offer real shares. Reflecting this breadth, Swissquote is rated 5 stars and ranks #2 of 63 for Range of Investments at ForexBrokers.com, while Trade Nation earns 3.5 stars and ranks #39.
| Feature |
Swissquote
|
Trade Nation
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 1000 |
| Forex Pairs (Total) | 80 | 46 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | 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.
Swissquote and Trade Nation both check the key boxes for traders: each offers a free demo account, a proprietary platform, Windows desktop software, a web platform, copy trading, and MetaTrader 4 (MT4). Only Swissquote adds MetaTrader 5 (MT5), which may matter if you want newer features and assets supported by MT5. Neither broker supports DupliTrade or ZuluTrade. For charting, the number of built‑in indicators isn’t specified for either, but Swissquote lists 75 drawing tools versus Trade Nation’s 39. Swissquote also lets you place trades directly from charts, while Trade Nation does not. Watchlists are flexible on both, with 11 columns on Swissquote and 14 on Trade Nation.
In independent testing, Swissquote earns 4.5 out of 5 stars for Trading Platforms and Tools and ranks #12 out of 63 brokers at ForexBrokers.com, while Trade Nation scores 4 stars and ranks #45. In short, both brokers provide accessible platforms with strong essentials, but Swissquote edges ahead with MT5 support, trade‑from‑chart capability, and a deeper set of drawing tools.
| Feature |
Swissquote
|
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) | 86 | 115 |
| Charting - Drawing Tools (Total) | 75 | 39 |
| Charting - Trade From Chart | Yes | No |
| Watchlists - Total Fields | 11 | 14 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Swissquote and Trade Nation both offer mobile trading apps for iPhone and Android with key tools traders expect. Each app supports price alerts, drawing trendlines on charts, multiple time frames (intraday to weekly), auto-saving of chart drawings, and real-time watchlists. The big differences are in syncing and studies: Trade Nation syncs watchlists between mobile and web, while Swissquote does not. For charting studies, Swissquote includes 30 technical indicators, whereas Trade Nation offers 99.
Ratings tilt toward Swissquote: it earns 4.5/5 stars and ranks #12 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while Trade Nation scores 4/5 stars and ranks #46. Choose Swissquote if overall app experience and industry standing matter most; pick Trade Nation if you want more built-in indicators and watchlist syncing across devices.
| Feature |
Swissquote
|
Trade Nation
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 99 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | 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 | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
Both Swissquote and Trade Nation deliver beginner-friendly forex and CFD education, including at least 10 videos for newcomers and 10 for more experienced traders, plus investor dictionaries with 50+ terms to decode trading jargon. A key difference is live learning: Swissquote hosts monthly educational webinars and provides a searchable archive of past sessions, while Trade Nation does not offer webinars or a recorded webinar library.
For quality and depth, Swissquote holds a slight edge with a 4-star Education rating and a #20 ranking out of 63 brokers, compared with Trade Nation’s 3.5 stars and #41 ranking. If you want live classes and on-demand recordings to reinforce the basics, Swissquote is the stronger pick. If you prefer self-paced videos and a glossary to get started, Trade Nation covers the essentials.
| Feature |
Swissquote
|
Trade Nation
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | 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
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 85 |
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Swissquote allows users to buy actual delivered cryptocurrency and cryptocurrency derivatives, whereas Trade Nation only offers the option to purchase cryptocurrency derivatives.
When comparing deposit and withdrawal options between online brokers Swissquote and Trade Nation, Swissquote provides a broader range with support for ACH or SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, while Trade Nation supports Skrill, Visa or Mastercard, and bank wires but lacks ACH, SEPA, and PayPal options.
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/Central Bank 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. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | 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 | Swissquote | 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 | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Swissquote | Trade Nation | |
|---|---|---|---|
| Minimum Deposit | $1000 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Swissquote | 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 | Swissquote | Trade Nation | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 14 | |
| Charting - Indicators / Studies (Total) | 86 | 115 | |
| Charting - Drawing Tools (Total) | 75 | 39 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 99 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | Swissquote | Trade Nation | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | No |
| Education | Swissquote | Trade Nation | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Swissquote | 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 | Yes | |
| AUD/USD | Yes | Yes | |
| 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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