Written by ForexBrokers.com
In this head to head comparison of Tickmill 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.
Tickmill and Trade Nation, both founded in 2014, are reputable online brokers in the trading landscape. Neither is publicly traded nor operates as a bank. When it comes to regulatory credentials, both brokers boast two Tier-1 licenses, recognized as highly trusted by ForexBrokers.com. However, Tickmill edges out slightly by holding two Tier-2 licenses compared to Trade Nation's one Tier-2 license. This is reflected in their Trust Scores, with Tickmill earning a score of 86 and Trade Nation close behind at 85, indicating that both brokers are considered trustworthy, though Tickmill has a slight advantage.
| Feature |
Tickmill
|
Trade Nation
|
|---|---|---|
| Year Founded | 2014 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When considering commissions and fees, Tickmill and Trade Nation both offer compelling options for traders. Tickmill provides two main account types: Classic and Raw. The Classic account is commission-free, where traders only pay through the bid/ask spread, which averages 1.76 pips. On the other hand, the Raw account, which replaced the Pro account, carries a new commission of $3 per side, equivalent to $6 per standard lot. This account boasts lower typical spreads of 0.11 pips for EUR/USD, resulting in an all-in cost of 0.71 pips after the commission. Despite the commission increase, Tickmill remains a top choice for traders, ranking #4 out of 62 brokers for its low costs and 5-star rating for commissions and fees.
Trade Nation offers fixed-spread pricing across all tradable symbols on its proprietary platform and variable spread pricing on MetaTrader. The fixed spread for EUR/USD is listed at 0.6 pips, though it can widen to about 1.4 pips during the daily rollover period, making the true average closer to 1 pip. Trade Nation provides three primary account types, including a commission-based Raw Spread account on MetaTrader with a $3.50 fee per side and a commission-free account. The TN Trader account on its proprietary platform offers the lowest spreads when accounting for all-in costs. Trade Nation is well-regarded for its fixed pricing structure, earning a 5-star rating and ranking #7 among 62 brokers in the Commissions and Fees category.
| Feature |
Tickmill
|
Trade Nation
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 0.51 | 0.6 |
| All-in Cost EUR/USD - Active | 0.31 | 0.6 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | 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.
When comparing the range of investments offered by online brokers Tickmill and Trade Nation, both provide options for forex trading as CFDs or spot contracts. Tickmill offers 725 tradeable symbols, including 63 forex pairs, while Trade Nation boasts a slightly larger selection with 1000 tradeable symbols, though it lists fewer forex pairs at 46. Neither Tickmill nor Trade Nation provides the option to buy exchange-traded securities on U.S. or international exchanges. However, both platforms do support copy trading and offer the ability to invest in cryptocurrency derivatives, though they do not allow the purchase of actual, delivered cryptocurrencies.
In terms of ratings, both brokers have received 3.5 stars for their range of investments. According to ForexBrokers.com, Tickmill ranks #42 out of 62 brokers in this category, while Trade Nation fares slightly better at #38. Although they share similar ratings and features like copy trading and cryptocurrency derivatives, Trade Nation offers a wider variety of tradeable symbols, providing more options for traders looking to diversify their portfolios.
| Feature |
Tickmill
|
Trade Nation
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 725 | 1000 |
| Forex Pairs (Total) | 63 | 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.
Both Tickmill and Trade Nation provide traders with the opportunity to engage in paper trading, offering free virtual demo accounts to simulate real-market conditions. While Tickmill utilizes popular third-party platforms like MetaTrader 4 and 5 for its trading services without a proprietary option, Trade Nation stands out by offering its in-house developed platform alongside the well-regarded MetaTrader 4. Both brokers cater to users preferring multiple trading interfaces, featuring downloadable platforms for Windows and convenient web-based browser options for seamless access. However, Tickmill extends its toolkit further by supporting MetaTrader 5, which Trade Nation does not.
In terms of user-friendliness and support features, Tickmill shines by allowing trades directly from stock charts and offering seven customizable columns for watch lists. On the contrary, Trade Nation provides more extensive drawing tools with 39 options compared to Tickmill’s 15 and boasts 14 fields for watch lists. Both brokers support copy trading, providing flexibility in trading strategies. Rated 4 stars for their trading platforms and tools, Tickmill and Trade Nation are equally well-regarded, although Tickmill holds a higher ranking at #32 compared to Trade Nation’s #44 according to ForexBrokers.com.
| Feature |
Tickmill
|
Trade Nation
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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) | 30 | 115 |
| Charting - Drawing Tools (Total) | 15 | 39 |
| Charting - Trade From Chart | Yes | No |
| Watchlists - Total Fields | 7 | 14 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Tickmill and Trade Nation provide mobile apps for iPhone and Android users, featuring tools like stock and forex price alerts and trendline drawing on charts. They also offer real-time quote watchlists and let users view different time frames on charts. However, a standout feature of Trade Nation is its ability to sync watchlist symbols between the mobile app and online accounts, allowing seamless transitions between different trading platforms. In contrast, Tickmill does not offer this syncing capability.
When it comes to technical analysis, Trade Nation offers a more extensive selection with 99 technical studies compared to Tickmill’s 30. Both apps auto-save chart drawings, providing users with ease of use while maintaining their analytical markings. Ratings reflect user satisfaction, with both Tickmill and Trade Nation securing 4 stars for their mobile trading apps. However, when ranked among 62 brokers, Tickmill holds a higher position at 32nd, whereas Trade Nation is 45th, albeit both offering diverse and effective features for mobile trading.
| Feature |
Tickmill
|
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.
When comparing Tickmill and Trade Nation for market research, both brokers provide daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. They do not offer research tools from Autochartist or Trading Central, but both brokers compensate with sentiment-based trading tools that reveal the ratio of long and short positions across various markets. Additionally, Tickmill and Trade Nation each utilize Acuity Trading’s resources, such as Signal Centre, to enhance their research offerings. However, Tickmill stands out by offering an economic calendar that covers global news events, a feature that Trade Nation lacks.
In terms of overall research quality, Tickmill edges out Trade Nation, earning a 4-star rating compared to Trade Nation's 3.5 stars. Tickmill is positioned at #22 among 62 brokers in the Research category according to ForexBrokers.com, while Trade Nation ranks at #42. This ranking suggests that, although both brokers provide valuable research tools, Tickmill may slightly better cater to those seeking comprehensive market insights.
| Feature |
Tickmill
|
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) | Yes | Yes |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners between Tickmill and Trade Nation, both brokers provide a wealth of articles, videos, and archived webinars focused on forex and CFDs. Tickmill goes a step further by offering monthly online educational webinars, which are not part of Trade Nation's offerings. Additionally, Tickmill maintains a searchable archive of past webinars, giving new traders an advantage in accessing a variety of learning materials that Trade Nation does not provide.
Both brokers supply more than ten beginner-friendly trading videos, as well as a comprehensive collection of advanced materials for experienced traders. What sets Tickmill apart is its higher rating for education, receiving four out of five stars compared to Trade Nation's 3.5 stars. Furthermore, Tickmill ranks significantly higher in the education category according to ForexBrokers.com, securing the 15th place among 62 brokers, while Trade Nation sits at 41st. Both offer investor dictionaries with definitions of over 50 investing terms, aiding any trader looking to strengthen their knowledge base.
| Feature |
Tickmill
|
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 62 of the best forex brokers, our research and account testing finds that Tickmill is better than Trade Nation. Tickmill finished with an overall rank of #22, while Trade Nation finished with an overall rank of #34.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
|
Trade Nation
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 85 |
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Both Tickmill and Trade Nation do not provide the option to purchase actual delivered cryptocurrency, but they each offer the ability to buy cryptocurrency derivatives instead.
In comparing online brokers Tickmill and Trade Nation regarding their funding and withdrawal options, neither offers ACH or SEPA transfers, while Tickmill supports PayPal unlike Trade Nation; both brokers accept Skrill, Visa, Mastercard, and bank wire transfers.
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 | Tickmill | Trade Nation | |
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| Trust Score | 86 | 85 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Trade Nation Review |
| Broker Screenshots | Tickmill | Trade Nation | |
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| Regulation | Tickmill | Trade Nation | |
|---|---|---|---|
| Trust Score | 86 | 85 | |
| Year Founded | 2014 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | Trade Nation | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | 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) | Tickmill | Trade Nation | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| 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) | No | No |
| Investments | Tickmill | Trade Nation | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 725 | 1000 | |
| Forex Pairs (Total) | 63 | 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 | Tickmill | Trade Nation | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.51 | 0.6 | |
| All-in Cost EUR/USD - Active | 0.31 | 0.6 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | Trade Nation | |
|---|---|---|---|
| Minimum Deposit | $100 | $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 | No | No |
| Trading Platforms | Tickmill | Trade Nation | |
|---|---|---|---|
| Proprietary Platform | No | 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 | Tickmill | Trade Nation | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 14 | |
| Charting - Indicators / Studies (Total) | 30 | 115 | |
| Charting - Drawing Tools (Total) | 15 | 39 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | No |
| Mobile Trading | Tickmill | 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 | Tickmill | 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 | Tickmill | 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 | Tickmill | 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 | Tickmill Review | Trade Nation Review |
| Overall | Tickmill | Trade Nation | |
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| Trust Score | 86 | 85 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Trade Nation Review |
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