XTB vs Trade Nation 2023

XTB is a publicly traded company that is authorised by two Tier-1 regulators (highly trusted), two Tier-2 regulators (trusted), zero one Tier-3 regulators (average risk), and zero Tier-4 regulators (high risk). XTB is authorised by the following Tier-1 regulators: Financial Conduct Authority (FCA) and regulated in the European Union via the MiFID passporting system.

Trade Nation is not publicly traded and does not operate a bank. Trade Nation is authorized by two Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and two Tier-4 regulators (High Risk). Trade Nation is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC) and Financial Conduct Authority (FCA).

As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.

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.

To open a trading account with XTB, you'll need to make an initial minimum deposit of $0.

Trade Nation requires a minimum deposit of $0 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. XTB offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw) for banking, whereas Trade Nation provides Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw) and Skrill (Deposit/Withdraw)

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Trade Nation offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 100 international regulatory agencies to help you choose the most well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Both XTB and Trade Nation hold 2 global Tier-1 licenses. XTB holds 2 global Tier-2 licenses, while Trade Nation holds 1.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that XTB (96) earned a higher Trust Score than Trade Nation (83).

To compare the trading platforms of both XTB and Trade Nation, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, XTB offers a better experience. With research, XTB offers superior market research. Finally, we found XTB to provide better mobile trading apps.

Here’s what trading platforms are available at XTB:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - No
• ZuluTrade - No
• TradingView - No

Here’s what trading platforms are available at Trade Nation:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - No
• ZuluTrade - No
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both XTB and Trade Nation offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. Copy trading is not offered by either broker.

XTB provides traders 57 currency pairs (e.g., EUR/USD) compared to Trade Nation's 28 available pairs. If you are interested in trading CFDs, XTB offers traders access to 6010 CFDs, while Trade Nation offers access to 601 CFDs; so XTB offers 5409 more CFDs than Trade Nation.

We found in our testing that Trade Nation offers a more diverse selection of investment options than XTB, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Int'l Stock Trading (Non CFD), Cryptocurrency (Derivative) and Social Trading / Copy Trading. Neither have Cryptocurrency (Physical).