Written by ForexBrokers.com
In this head to head comparison of XTB 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.
When comparing online brokers XTB and Trade Nation, both companies hold two Tier-1 financial licenses, ensuring a high level of trust and safety for your investments. Founded in 2002, XTB boasts a proven track record with a strong ForexBrokers.com Trust Score rating of 96 out of 99. This underscores its reputation as a highly trusted trading platform. As a publicly traded entity, XTB offers an additional layer of transparency and credibility, further enhancing its appeal.
Trade Nation, established in 2014, holds a respectable ForexBrokers.com Trust Score rating of 85, which classifies it as trusted. Like XTB, it also holds two Tier-1 licenses, providing assurance of regulatory oversight. However, Trade Nation is not publicly traded, marking a point of distinction. Both firms have established themselves as reliable financial partners, abiding by stringent regulatory standards to safeguard your investments. However, due to its higher trust score and stock exchange listing, XTB may appeal more to those prioritizing longevity and transparency in their trading platform.
| Feature |
XTB
|
Trade Nation
|
|---|---|---|
| Year Founded | 2002 | 2014 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When comparing XTB and Trade Nation for their commissions and fees, it's important to note the distinctions in their pricing structures and offerings. XTB provides two main account types: the spread-only Standard account and the commission-based Professional account, which is gradually being phased out. On the Standard account, average forex spreads for the EUR/USD are around 1 pip, and it has a minimum deposit requirement of 250 base currency. XTB also offers active trader discounts through its Lower Spread Group, rebating a portion of the spread from 5% to 30% depending on trading volume. Rated 4.5 stars for commissions and fees, XTB ranks 11th out of 63 brokers in this category.
Trade Nation, conversely, differentiates itself with competitive fixed-spread pricing across all tradeable symbols on its proprietary platform. On its MetaTrader platform, it offers both variable spreads and a commission-based Raw Spread account with a $3.50 charge per side. The EUR/USD pair on Trade Nation has a fixed spread of 0.6 pips, which can widen to 1.4 pips during daily rollover periods, suggesting a true average spread closer to 1 pip. Trade Nation's TN Trader account offers the lowest all-in costs, while the MetaTrader accounts have higher spreads. Boasting a 5-star rating for commissions and fees, Trade Nation is ranked 7th out of 63 brokers in the category.
Overall, Trade Nation excels with its consistent fixed spreads and lower pricing, especially for traders who prefer stability and simplicity in fee structures. XTB remains a solid choice for those who may benefit from its active trader discounts and the standard account's competitive spread on smaller trades. Both brokers offer unique advantages, but Trade Nation's superior ranking and star rating in this category indicate its leading position in providing cost-effective trading options.
| Feature |
XTB
|
Trade Nation
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average Spread EUR/USD - Standard | 1.00 | 0.6 |
| All-in Cost EUR/USD - Active | 1.00 | 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 available investments between XTB and Trade Nation, significant differences emerge that may sway your decision. XTB offers a stunning array of 7,184 tradeable symbols, including 71 forex pairs. In contrast, Trade Nation provides access to 1,000 tradeable symbols, with 46 forex pairs. For those interested in traditional stocks, XTB stands out by allowing clients to buy exchange-traded securities on both U.S. and international exchanges, such as Apple and Vodafone shares. Trade Nation, on the other hand, does not offer this feature.
Both brokers provide forex trading options and the chance to trade cryptocurrency derivatives, though neither supports the trading of actual cryptocurrencies. If copy trading is of interest, Trade Nation has a leg up, as XTB does not offer this service. Rated 5 stars by ForexBrokers.com for its range of investments, XTB ranks 14th out of 63 brokers. Trade Nation, with a rating of 3.5 stars, is placed at 38th in the same category. These distinctions highlight XTB's broader and more diverse investment opportunities compared to Trade Nation.
| Feature |
XTB
|
Trade Nation
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 1000 |
| Forex Pairs (Total) | 71 | 46 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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 XTB and Trade Nation provide traders with valuable tools and platforms. XTB impresses with its in-house developed platform that supports Windows and web-based access. It also offers a demo account for risk-free practice and boasts the ability to trade directly from stock charts. Though XTB lacks copy trading and compatibility with MetaTrader 4 and 5, its charting features include 32 drawing tools and eight watchlist fields for in-depth analysis. XTB's trading platform earns 4.5 stars and is ranked #9 among 63 brokers, highlighting its efficacy and user satisfaction.
Trade Nation equally offers a proprietary platform accessible on Windows and through web browsers, also including a demo account option. Attractively, it supports copy trading and the popular MetaTrader 4 platform. Trade Nation provides 39 drawing tools for charting and has a robust watchlist setup with 14 fields. However, it lacks the direct trade execution from stock charts feature. While scoring 4 stars and ranking #44 in the Trading Platforms and Tools category, Trade Nation remains a solid choice with competitive features catering to diverse trading needs.
| Feature |
XTB
|
Trade Nation
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 39 | 115 |
| Charting - Drawing Tools (Total) | 32 | 39 |
| Charting - Trade From Chart | Yes | No |
| Watchlists - Total Fields | 8 | 14 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both XTB and Trade Nation offer accessible mobile trading apps available for iPhone and Android devices, complete with essential trading tools like stock or forex price alerts, the ability to draw trendlines, auto-saving chart drawings, and viewing multiple time frames on charts. XTB has a strong edge with a 4.5-star rating for its mobile app experience and ranks #8 among 63 brokers in the Mobile Trading Apps category on ForexBrokers.com. However, while XTB provides 39 technical studies for charting, Trade Nation surpasses it by offering 99, providing traders with a more extensive set of analytical tools.
Trade Nation ensures synchronization of watchlist symbols between its app and online accounts, a feature not available with XTB. Both platforms support creating watchlists with real-time quotes, catering to active traders. Although Trade Nation's rating stands at 4 stars and ranks at #45 for mobile trading apps, it compensates with the ability to sync changes across platforms. In summary, XTB excels in overall app satisfaction and ease of use, while Trade Nation provides more extensive charting tools and flexible watchlist management options.
| Feature |
XTB
|
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 | 39 | 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.
Both XTB and Trade Nation provide daily market commentary and access to forex news from well-respected sources such as Bloomberg and Reuters. However, when it comes to specialized research tools, the offerings differ. Neither broker offers technical analysis tools from Autochartist or Trading Central. While both brokers include sentiment-based trading tools that reveal the ratio of long and short positions across various instruments, Trade Nation stands out by providing research tools from Acuity Trading, which are absent from XTB's offerings. Conversely, XTB includes an economic calendar that keeps traders well-informed about global news events, a feature not available with Trade Nation.
When comparing overall market research capabilities, XTB outshines Trade Nation, receiving a superior rating of five stars in contrast to Trade Nation's 3.5 stars. XTB excels with its higher ranking of #7 out of 63 brokers in the Research category on ForexBrokers.com, reflecting its strong market analysis tools and resources. On the other hand, Trade Nation ranks at #42, indicating there is room for improvement in its research offerings. This makes XTB a preferable choice for traders prioritizing comprehensive market analysis.
| Feature |
XTB
|
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) | No | Yes |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginner traders, both XTB and Trade Nation deliver over 10 educational materials focused on forex and CFDs, encompassing articles, videos, and archived webinars. However, only XTB provides frequent online educational webinars, hosting at least one each month, and boasts a searchable archive of these sessions, whereas Trade Nation does not offer these features. Both brokers supply a variety of beginner-friendly videos, with more than 10 dedicated to trading topics for novices, ensuring newcomers receive comprehensive guidance to kickstart their trading journey.
XTB extends its educational efforts by providing advanced educational videos, suitable for seasoned traders, comparable to what Trade Nation delivers. On the other hand, Trade Nation distinguishes itself by offering an investor dictionary with over 50 terms, which is absent in XTB’s offerings. Reflecting their broad educational scope, XTB scores a top rating of 5 stars for education and is ranked 11th among 63 brokers by ForexBrokers.com, while Trade Nation holds a 3.5-star rating and ranks 41st, indicating a notable variance in their educational efficacy.
| Feature |
XTB
|
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) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XTB is better than Trade Nation. XTB finished with an overall rank of #7, while Trade Nation finished with an overall rank of #34.
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.
| Feature |
XTB
|
Trade Nation
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 96 | 85 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both XTB and Trade Nation do not provide the option to purchase actual delivered cryptocurrency, but they each offer the ability to buy cryptocurrency derivatives.
While both XTB and Trade Nation offer Skrill, Visa, Mastercard, and bank wire options for depositing and withdrawing funds, only XTB provides PayPal, with neither broker supporting ACH or SEPA 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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | XTB | Trade Nation | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 96 | 85 | |
| Winner | check_circle | ||
| Review | XTB Review | Trade Nation Review |
| Broker Screenshots | XTB | Trade Nation | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
|
| |
| Mobile Trading Gallery (click to expand) |
|
| |
| Research Gallery (click to expand) |
|
| |
| Education Gallery (click to expand) |
|
|
| Regulation | XTB | Trade Nation | |
|---|---|---|---|
| Trust Score | 96 | 85 | |
| Year Founded | 2002 | 2014 | |
| Publicly Traded (Listed) | Yes | 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 | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | XTB | 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) | XTB | 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 | XTB | Trade Nation | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 1000 | |
| Forex Pairs (Total) | 71 | 46 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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 | XTB | Trade Nation | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | 0.6 | |
| All-in Cost EUR/USD - Active | 1.00 | 0.6 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XTB | Trade Nation | |
|---|---|---|---|
| Minimum Deposit | $0 | $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 | XTB | Trade Nation | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | XTB | Trade Nation | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 14 | |
| Charting - Indicators / Studies (Total) | 39 | 115 | |
| Charting - Drawing Tools (Total) | 32 | 39 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | No |
| Mobile Trading | XTB | 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 | 39 | 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 | XTB | 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 | XTB | 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) | No | Yes |
| Major Forex Pairs | XTB | 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 | XTB Review | Trade Nation Review |
| Overall | XTB | Trade Nation | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 96 | 85 | |
| Winner | check_circle | ||
| Review | XTB Review | Trade Nation Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill