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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: 88
  • 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

When considering the trustworthiness of online brokers, regulatory licensing and ratings are key factors to examine. XM Group, established in 2009, is backed by four Tier-1 licenses, indicating a high level of trust. It also holds one Tier-2 license. With a ForexBrokers.com Trust Score of 88, XM Group is regarded as trusted by the site's ratings. Meanwhile, Trade Nation, founded in 2014, possesses two Tier-1 licenses and one Tier-2 license, earning a Trust Score of 85, which also marks it as trusted. Neither XM Group nor Trade Nation are publicly traded companies or banking institutions.

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

When comparing online brokers XM Group and Trade Nation, a significant difference arises in their approach to commissions and fees. XM Group's standard account features expensive spreads, and while they do offer a commission-based XM Zero account, the average spreads for this account type are not publicly shared. In contrast, Trade Nation excels with competitive fixed-spread pricing across various symbols on its proprietary platform, alongside variable-spread pricing on its MetaTrader platform. This fixed-spread approach means prices remain consistent, only varying briefly during a daily rollover period.

Trade Nation lists a fixed spread of 0.6 pips for the EUR/USD currency pair. During the rollover period, spreads can widen up to 1.4 pips, effectively creating a true average closer to 1 pip. The broker offers three main account types: the MetaTrader-based commission-based Raw Spread account with a $3.50 commission per side per standard lot, a commission-free MetaTrader account, and the TN Trader account for its proprietary platform. Among these, the TN Trader account is known for the lowest overall costs, especially given the consistency of fixed spreads.

In terms of rankings, XM Group receives a commendable 4-star rating for commissions and fees but is ranked at number 33 out of 62 brokers in this category by ForexBrokers.com. Meanwhile, Trade Nation shines with a top-tier 5-star rating and is placed significantly higher at number 7, indicating a more favorable positioning due to its competitive and transparent fee structure.

Feature XM Group logoXM Group
Trade Nation logoTrade Nation
Minimum Deposit info $5 $0
Average Spread EUR/USD - Standard info 1.6 info 0.6
All-in Cost EUR/USD - Active info 0.8 info 0.6
Active Trader or VIP Discounts info No No
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No 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 it comes to the diversity of investment options, XM Group and Trade Nation both offer forex trading as CFDs. However, XM Group stands out by providing a broader range of tradeable symbols, featuring 1,394 options compared to Trade Nation's 1,000. XM Group also offers more forex pairs, with a total of 55, while Trade Nation provides 46. Furthermore, XM Group allows clients to invest directly in exchange-traded securities on both U.S. and international exchanges, offering opportunities to buy shares like Apple and Vodafone, which Trade Nation does not.

Both XM Group and Trade Nation support copy trading feature as well as offering cryptocurrency derivatives, but neither allows the purchase of actual cryptocurrencies. XM Group's wide range of investments earns it a 4.5-star rating for investment range and ranks it at #23 among 62 brokers according to ForexBrokers.com. In contrast, Trade Nation scores 3.5 stars and holds the #38 position in the same ranking. This makes XM Group a more appealing choice for investors seeking a wider array of investment opportunities.

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. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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

When comparing XM Group and Trade Nation in terms of trading platforms and tools, both brokers present distinct advantages. XM Group is notable for offering both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), adding flexibility for traders who prefer these popular platforms. Although XM Group doesnโ€™t offer a proprietary platform, it provides a Windows-based desktop download option and a comprehensive web-based platform. In addition, XM Group supports copy trading and allows traders to execute trades directly from stock charts, offering 15 different drawing tools for charting to facilitate technical analysis.

Trade Nation stands out with its proprietary platform, tailored for a customized trading experience, while also supporting MT4. It shares similar functionality with a Windows-based platform and a web-based platform. Although Trade Nation doesn't offer MT5, it provides a wider array of drawing tools for charting with 39 options and tops XM Group with 14 fields available for watch lists โ€” doubling the offerings of XM Group. Both brokers facilitate paper trading with demo accounts and hold a four-star rating for their trading platforms and tools. However, XM Group edges ahead in platform rankings, placing 31st out of 62 brokers compared to Trade Nation's 44th-place standing.

Feature XM Group logoXM Group
Trade Nation logoTrade Nation
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes No
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 30 115
Charting - Drawing Tools (Total) info 15 39
Charting - Trade From Chart info Yes No
Watchlists - Total Fields info 7 14
View More

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

Forex trading apps

When comparing the mobile trading apps of XM Group and Trade Nation, both platforms offer apps for iPhone and Android users, ensuring widespread accessibility. Traders on both platforms can set up stock or forex price alerts and sync watchlist symbols with their accounts, allowing for seamless transitions between devices and platforms. While both apps support drawing trendlines and viewing different time frames on charts, only Trade Nation's app auto-saves chart drawings, providing added convenience for active traders.

In terms of technical analysis, Trade Nation takes a lead with 99 technical studies available on its mobile app compared to XM Group's 30. Both apps allow users to create watchlists with real-time quotes, offering up-to-date market insights. Despite having similar user ratings of four out of five stars for mobile trading, XM Group holds a higher rank at #29 among 62 brokers according to ForexBrokers.com, whereas Trade Nation ranks at #45. This positioning highlights XM Group's slight edge in overall user perception for mobile trading functionalities.

Feature XM Group logoXM Group
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 30 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 comparing XM Group and Trade Nation for market research offerings, both online brokers provide daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. However, XM Group edges out with a broader suite of tools, including Trading Central, which offers technical analytics, while Trade Nation does not provide this feature. Both brokers offer sentiment-based trading tools, showing trader positions across various instruments, yet their supplementary offerings differ significantly. XM Group boasts an economic calendar to keep traders informed of current and forthcoming global events, whereas Trade Nation lacks this feature.

While neither broker offers insights from Autochartist or TipRanks, Trade Nation distinguishes itself slightly with research tools from Acuity Trading, such as Signal Centre. Despite this, XM Group achieves a higher research rating of 5 stars compared to Trade Nation's 3.5 stars and is ranked 8th out of 62 brokers by ForexBrokers.com for research, whereas Trade Nation ranks 42nd. This makes XM Group a more favored choice for traders who prioritize comprehensive research in their trading arsenal.

Feature XM Group logoXM Group
Trade Nation logoTrade Nation
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes 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 educational resources available for beginners between XM Group and Trade Nation, both online brokers meet the basic criteria by offering at least 10 educational pieces covering forex and CFDs, such as articles and videos. However, XM Group stands out by offering a wider range of learning opportunities, including monthly live webinars geared towards clients and a searchable archive of past sessions. In contrast, Trade Nation does not provide live webinars or an archive feature, potentially limiting access to interactive educational experiences.

In terms of video education, both brokers provide abundant resources for beginners and advanced traders, each offering 10 educational videos on trading topics tailored to different expertise levels. While Trade Nation complements its educational suite with an investor dictionary featuring over 50 investing terms, XM Group gains recognition for its overall educational offerings, evidenced by its higher 5-star rating in education compared to Trade Nationโ€™s 3.5 stars. Additionally, XM Group ranks significantly higher in the ForexBrokers.com education category at #7, whereas Trade Nation ranks at #41 among 62 brokers, highlighting XM Group's stronger focus on trader education.

Feature XM Group logoXM Group
Trade Nation logoTrade Nation
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes 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 62 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 88 85
Range of Investments 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 5/5 Stars
Platform & 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?

Both XM Group and Trade Nation do not offer the ability to buy actual delivered cryptocurrency, but they do provide options to trade in cryptocurrency derivatives.

What funding options does each broker offer?

Both XM Group and Trade Nation do not support ACH or SEPA transfers or PayPal for depositing or withdrawing funds; however, they both offer Skrill, Visa, Mastercard, and bank wires as available options.




announcementPlease note:

We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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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Compare

0 of 5
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
Platform & 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 88 85
Winner check_circle
Review XM Group Review Trade Nation Review
Broker Screenshots XM Group 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 XM Group Trade Nation
Trust Score info 88 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 No No
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 No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
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. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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 info 1.6 info 0.6
All-in Cost EUR/USD - Active info 0.8 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 XM Group Trade Nation
Minimum Deposit info $5 $0
PayPal (Deposit/Withdraw) info No 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 XM Group Trade Nation
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes No
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools XM Group Trade Nation
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 14
Charting - Indicators / Studies (Total) info 30 115
Charting - Drawing Tools (Total) info 15 39
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 Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 30 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 XM Group Trade Nation
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes 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 XM Group Trade Nation
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info No Yes
Major Forex Pairs XM Group Trade Nation
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
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
Platform & 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 88 85
Winner check_circle
Review XM Group Review Trade Nation Review
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