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XM Group vs Trade Nation 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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

XM Group
4.5/5 Stars Overall
  • Minimum Deposit: $5
  • Trust Score: 93
  • Tradeable Symbols (Total): 1394
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

Founded in 2009, XM Group distinguishes itself with a strong ForexBrokers.com Trust Score of 93, placing it in the highly trusted category. Despite not being publicly traded or a bank, XM Group impresses with its regulatory standing, holding four Tier-1 licenses and one Tier-2 license. This robust regulatory presence showcases XM Group’s commitment to providing a secure trading environment for its users.

In comparison, Trade Nation, established in 2014, boasts a Trust Score of 85, categorizing it as a trusted broker. Similar to XM Group, Trade Nation is neither publicly traded nor a bank. Trade Nation is regulated with two Tier-1 licenses and one Tier-2 license, indicating a solid level of protection and oversight for its traders. Both brokers offer reliable platforms, but XM Group leads in terms of trust rating and regulatory credentials.

Feature XM Group logoXM Group
Trade Nation logoTrade Nation
Year Founded info 2009 2014
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 4 2
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2

Fees

Comparing commissions and fees, Trade Nation holds a clear edge over XM Group. Trade Nation is rated 5 out of 5 stars and ranks #7 out of 63 brokers for this category, while XM Group earns 4 out of 5 stars and ranks #34 out of 63. That gap reflects stronger pricing consistency and clarity from Trade Nation.

XM Group’s Standard account spreads are on the expensive side, and the broker does not publish average spreads for its commission-based XM Zero account. Without those averages, it’s harder to estimate true all-in trading costs across pairs, which can matter if you trade frequently or during volatile times.

Trade Nation offers fixed-spread pricing on its proprietary TN Trader platform and variable spreads on MetaTrader. EUR/USD is listed at a fixed 0.6 pips, typically widening to as much as 1.4 pips for about an hour during the daily rollover; across the day, that puts the effective average near 1 pip. Account choices include TN Trader (often the lowest all-in costs), a MetaTrader commission-free account (higher spreads), and a MetaTrader Raw Spread account that charges $3.50 per side ($7 round-trip) per standard lot. The combination of competitive fixed spreads and clear, predictable pricing helps explain Trade Nation’s higher rating and ranking.

Feature XM Group logoXM Group
Trade Nation logoTrade Nation
Minimum Deposit info $5 $0
Average spread (EUR/USD) - Standard account info 1.6 info 0.6
All-in Cost EUR/USD - Active info 0.8 info 0.6
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info Yes
Bank Wire (Deposit/Withdraw) info Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

XM Group and Trade Nation both support forex trading (CFD/spot). XM Group lists 1,394 tradeable symbols and 55 forex pairs, compared with Trade Nation’s 1,000 symbols and 46 pairs. A key difference is stock access: XM Group lets clients buy exchange-traded securities (not CFDs) on both U.S. and international exchanges, while Trade Nation does not offer exchange-traded shares.

Both brokers offer copy trading and cryptocurrency CFDs, but neither lets you buy actual crypto. For Range of Investments, ForexBrokers.com rates XM Group at 4.5/5 (ranked 25th of 63) and Trade Nation at 3.5/5 (ranked 39th of 63). If you want more markets and the ability to buy listed shares, XM Group has the edge; if you only need CFD markets, both cover the essentials.

Feature XM Group logoXM Group
Trade Nation logoTrade Nation
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1394 1000
Forex Pairs (Total) info 55 46
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

XM Group and Trade Nation both offer free demo accounts for paper trading and support web and Windows desktop platforms. XM Group does not have a proprietary platform and instead focuses on third-party options, offering MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus copy trading. Trade Nation offers its own proprietary platform alongside MT4, also supports copy trading, but does not offer MT5.

For trading tools, XM Group lets you place trades directly from a chart, while Trade Nation does not. In ForexBrokers.com’s Trading Platforms and Tools category, both earn 4 out of 5 stars; XM Group is ranked 33rd of 63 brokers and Trade Nation is ranked 45th of 63. Choose XM Group if MT5 access and trading from charts matter to you; pick Trade Nation if you prefer using a broker’s in-house platform with MT4.

Feature XM Group logoXM Group
Trade Nation logoTrade Nation
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes No
Charting - Indicators / Studies (Total) info 30 115
Charting - Trade From Chart info Yes No

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

Forex trading apps

XM Group and Trade Nation both offer mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts and keeps your watchlists synced across mobile and web, so symbols you add or remove show up everywhere. You can draw trendlines on charts in both apps. Both earn 4 out of 5 stars for Mobile Trading Apps, though XM Group ranks higher in ForexBrokers.com’s category list (#31 of 63) than Trade Nation (#46 of 63).

For charting, XM Group’s mobile app includes 30 technical studies, while Trade Nation packs in 99. Trade Nation also auto-saves your chart drawings, so lines and annotations remain the next time you open a chart; XM Group does not auto-save drawings. In short, choose Trade Nation if you prioritize lots of indicators and saved chart work, or lean toward XM Group if the higher independent ranking matters more to you.

Feature XM Group logoXM Group
Trade Nation logoTrade Nation
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 30 99
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info No Yes

Dive deeper: Best Forex Trading Apps.

Market research

XM Group and Trade Nation both cover the basics well: they publish daily market commentary and stream forex news from major outlets like Bloomberg, Reuters, and Dow Jones. Each broker also includes a sentiment tool that shows the balance of long vs. short positions. Where they differ is in extras. XM adds Trading Central for technical and fundamental insights, plus a handy economic calendar. Trade Nation skips those, but it does include Acuity Trading’s Signal Centre. Neither broker offers Autochartist or TipRanks.

In independent testing, XM Group earned 5 stars for Research and ranks #8 out of 63 brokers at ForexBrokers.com, while Trade Nation scored 3.5 stars and ranks #43. If you want more built-in analysis and planning tools, XM is the stronger choice. If you prefer Signal Centre updates within a simpler setup, Trade Nation can fit the bill.

Feature XM Group logoXM Group
Trade Nation logoTrade Nation
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info Yes No
Client sentiment data info Yes Yes
TipRanks info No No
Acuity Trading info No Yes
Economic Calendar info Yes No

Dive deeper: Best Brokers for Forex Research.

Beginners and education

If you’re comparing education for beginners at online brokers, both XM Group and Trade Nation provide forex and CFD education with at least ten pieces of content, including articles, videos, and archived webinars. Each broker also offers at least ten beginner videos and at least ten advanced videos, so you can progress from the basics to more in‑depth topics.

The key difference is live learning. XM Group runs online educational webinars at least once a month, while Trade Nation does not. That extra support helps explain why XM Group earns a 5‑star Education rating and ranks 7th out of 63 brokers on ForexBrokers.com, compared with Trade Nation’s 3.5‑star rating and 41st place. For beginners who want steady guidance and live sessions, XM Group is the stronger choice; Trade Nation still delivers useful videos but offers fewer ongoing learning opportunities.

Feature XM Group logoXM Group
Trade Nation logoTrade Nation
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that XM Group is better than Trade Nation. XM Group finished with an overall rank of #17, while Trade Nation finished with an overall rank of #34.

XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.

Feature XM Group logoXM Group
Trade Nation logoTrade Nation
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 93 85
Range of Investments 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with XM Group or Trade Nation?

XM Group vs Trade Nation: neither broker offers the ability to buy actual delivered cryptocurrency, but both allow cryptocurrency trading via CFDs.

What funding options does each broker offer?

XM Group vs Trade Nation: XM Group supports deposits and withdrawals via Skrill and bank wire transfers but not ACH/SEPA or PayPal, while Trade Nation likewise does not support ACH/SEPA; details for its PayPal, Skrill, Visa/Mastercard, and bank wire options were not provided.

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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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Overall Rating XM Group Trade Nation
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 5/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 93 85
Winner check_circle
Review XM Group Review Trade Nation Review
Broker Screenshots XM Group Trade Nation
Broker Gallery (click to expand) info
XM MetaTrader 5 mobile trading app XM MetaTrader 5 desktop trading platform. XM research articles market news and analysis XM educational content forex course chapters.
Trade Nation MetaTrader 4 desktop platform. Trade Nation MetaTrader 4 desktop charts. Trade Nation TN Trader web platform. Trade Nation TradingView connection. Trade Nation TradingView web platform trade ticket window. Trade Nation TradingView web platform. Trade Nation web platform. Trade Nation client portal web dashboard Trade Nation MetaTrader 4 desktop platform. Note: Past performance is not a reliable indicator of future performance. Trade Nation web platform Signal Centre dashboard powered by Acuity detail. Note: Past performance is not a reliable indicator of future performance. Trade Nation web platform add signal to order ticket Trade Nation web platform trade ticket limit order Trade Nation web platform charting ChartIQ. Note: Past performance is not a reliable indicator of future performance.
Regulation XM Group Trade Nation
Trust Score info 93 85
Year Founded info 2009 2014
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes No info
Tier-1 Licenses info 4 2
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2
Tier-1 Licenses (Highly Trusted) XM Group 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 No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info No Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes No info
Tier-2 Licenses (Trusted) XM Group Trade Nation
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes Yes
UAE (DFSA, FSRA, or SCA Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments XM Group Trade Nation
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1394 1000
Forex Pairs (Total) info 55 46
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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 XM Group Trade Nation
Average spread (EUR/USD) - Standard account info 1.6 info 0.6
All-in Cost EUR/USD - Active info 0.8 info 0.6
Inactivity Fee info Yes No
Order execution: Agency info No No
Order execution: Market Maker info Yes Yes
Funding XM Group Trade Nation
Minimum Deposit info $5 $0
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info Yes
Bank Wire (Deposit/Withdraw) info Yes
Non-wire bank transfer info No No
Trading Platforms XM Group Trade Nation
Proprietary Desktop Trading Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes No
cTrader info No No
Trading Tools XM Group Trade Nation
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 30 115
Charting - Trade From Chart info Yes No
Charts can be saved info Yes No
Mobile Trading XM Group Trade Nation
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 30 99
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info No Yes
Mobile Research - Economic Calendar info Yes No
Research XM Group Trade Nation
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info Yes No
TipRanks info No No
Client sentiment data info Yes Yes
Economic Calendar info Yes No
Education XM Group Trade Nation
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Major Forex Pairs XM Group Trade Nation
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review XM Group Review Trade Nation Review
Overall XM Group Trade Nation
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 5/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 93 85
Winner check_circle
Review XM Group Review Trade Nation Review
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