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XM Group vs Trade Nation 2021

Is Trade Nation better than XM Group? In our analysis of 23 international regulators across 39 brokers, Trade Nation is considered average-risk, with an overall Trust Score of 79 out of 99. XM Group is considered average-risk, with an overall Trust Score of 84 out of 99. Learn more about Trust Score.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature XM Group Trade Nation
Overall 4 4
Commissions & Fees 3.5 4.5
Offering of Investments 4 3.5
Platforms & Tools 4 3
Mobile Trading Apps 4 4
Research 4.5 3
Education 4.5 3.5
Trust Score 84 79
XM Group Review Trade Nation Review
74.07% of retail CFD accounts lose money
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Regulation

Feature XM Group Trade Nation
Trust Score 84 79
Year Founded
2009 2014
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
2 2
Tier-2 Licenses
2 1
Tier-3 Licenses
1 1
Authorised in the European Union
Yes No

Tier-1 Licenses (High Trust)

Feature XM Group Trade Nation
ASIC Authorised (Australia)
Yes Yes
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Tier-2 Licenses (Average Trust)

Feature XM Group Trade Nation
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
Yes No
CBI Authorised (Ireland)
No No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No No
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
No Yes
SEC Authorised (Thailand)
No No

Tier-3 Licenses (Low Trust)

Feature XM Group Trade Nation
SCB Authorised (Bahamas) No Yes
IFSC Authorised (Belize) Yes No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No

Investments

Feature XM Group Trade Nation
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
1372 601
Forex Pairs (Total)
57 33
US Stock Trading (Non CFD)
Yes No
Int'l Stock Trading (Non CFD)
Yes No
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
No No
Social Trading / Copy-Trading
Yes No

Cost

Feature XM Group Trade Nation
Average Spread EUR/USD - Standard
1.6 (Aug 2020) 0.6
All-in Cost EUR/USD - Active
0.8 (Aug 2021) 0.6
Active Trader or VIP Discounts
No No
Execution: Agency Broker
No No
Execution: Market Maker
Yes Yes

Funding

Feature XM Group Trade Nation
Minimum Deposit
$5 $0
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature XM Group Trade Nation
Proprietary Platform
No Yes
Desktop Platform (Windows)
Yes No
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes No
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes No
cTrader
No No
DupliTrade
No No
ZuluTrade
No No

Trading Tools

Feature XM Group Trade Nation
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 12
Charting - Indicators / Studies (Total)
30 35
Charting - Drawing Tools (Total)
15 95
Charting - Trade From Chart
Yes No
Charting - Drawings Autosave
Yes Yes

Mobile Trading

Feature XM Group Trade Nation
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes Yes
Charting - Indicators / Studies
30 95
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No Yes
Forex Calendar
Yes No

Research

Feature XM Group Trade Nation
Daily Market Commentary
Yes No
Forex News (Top-Tier Sources)
Yes Yes
Autochartist
Yes No
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes No

Education

Feature XM Group Trade Nation
Has Education - Forex or CFDs
Yes Yes
Client Webinars
Yes No
Client Webinars (Archived)
No No
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
No Yes

Major Forex Pairs

Feature XM Group 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

Overall

Feature XM Group Trade Nation
Overall 4 4
Commissions & Fees 3.5 4.5
Offering of Investments 4 3.5
Platforms & Tools 4 3
Mobile Trading Apps 4 4
Research 4.5 3
Education 4.5 3.5
Trust Score 84 79
XM Group Review Trade Nation Review

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare Trade Nation vs XM Group.

Does Trade Nation or XM Group offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Trade Nation offers better pricing overall for traders.

Is Trade Nation or XM Group safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both Trade Nation and XM Group hold 2 global Tier-1 licenses. XM Group holds 2 global Tier-2 licenses, while Trade Nation holds 1. In our analysis of 23 international regulators across 50 brokers, XM Group earned a higher Trust Score than Trade Nation.

Which trading platform is better: Trade Nation or XM Group?
To compare the trading platforms of both Trade Nation and XM Group, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, XM Group offers a better experience. With research, XM Group offers superior market research. Finally, we found XM Group to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While XM Group offers copy trading, Trade Nation does not. Both Trade Nation and XM Group offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
XM Group provides traders 57 currency pairs (e.g., EUR/USD) compared to Trade Nation's 33 available pairs. Forex pairs aside, XM Group offers traders access to 1372 CFDs while Trade Nation has 601 available CFDs, a difference of 771.

Can I trust Trade Nation?
Trade Nation is not publicly traded and does not operate a bank. Trade Nation is authorized by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). Trade Nation is authorised by the following tier-1 regulator: Australian Securities & Investment Commission (ASIC) and Financial Conduct Authority (FCA).

Can I trust XM Group?
XM Group is not publicly-traded and does not operate a bank. XM Group is authorised by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). XM Group is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and, via its parent company's other brand Trading.com, with the Financial Conduct Authority (FCA).

Is Trade Nation good?
Trade Nation’s well-designed, easy-to-use trading app is an innovative trading platform that’s great for beginner forex and CFD traders. However, if you’re a seasoned trader, you may find that Trade Nation lacks advanced features compared to the best trading platforms.

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

Overall winner: XM Group

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 01/10/2022 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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