Written by ForexBrokers.com
In this head to head comparison of Admirals 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.
Admirals and Trade Nation each bring a distinct set of characteristics to the online trading world, yet both are not publicly traded nor banks. Admirals, established in 2001, commands a high level of trust with a ForexBrokers.com Trust Score of 93. Admirals holds four Tier-1 licenses, which are seen as highly trustworthy, and an additional three Tier-2 licenses. These licenses collectively enhance Admirals' reputation for safety and compliance in the industry.
In contrast, Trade Nation has been operational since 2014 and holds a respectable Trust Score of 85 on ForexBrokers.com. Although it operates with two Tier-1 and one Tier-2 licenses, making it trusted, these figures are fewer compared to Admirals. While both brokers cater to different trader needs, Admirals stands out for those prioritizing regulatory security and institutional trust.
| Feature |
Admirals
|
Trade Nation
|
|---|---|---|
| Year Founded | 2001 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
Admirals and Trade Nation are two notable online brokers, each offering distinct advantages regarding commissions and fees. Admirals provides competitive pricing with typical spreads of 0.8 on its Trade account and similar pricing on its Zero account. Out of five stars, Admirals is rated 4.5 stars in the commissions and fees category, ranking it at #17 out of 62 brokers according to ForexBrokers.com.
Trade Nation is known for its competitive fixed-spread pricing across all tradeable symbols on its proprietary platform, as well as variable-spread pricing on its MetaTrader platform. The fixed spread for the EUR/USD pair is typically 0.6 pips. It's important to note that there is a brief daily rollover period when spreads expand, raising the true average to about 1 pip. Trade Nation offers three primary account types: two MetaTrader-based accounts, including a commission-based Raw Spread account and a commission-free account, and a TN Trader account for its proprietary platform. Out of five stars, Trade Nation impressively earns a full 5 stars and is ranked #7 by ForexBrokers.com for commissions and fees.
Overall, while both brokers offer attractive options for traders, Trade Nation's combination of fixed spreads and versatile account types make it a strong contender, especially with its higher ranking and star rating for commissions and fees. Admirals, on the other hand, also provides a compelling offering with competitive spreads but falls slightly lower in ranking and rating compared to Trade Nation.
| Feature |
Admirals
|
Trade Nation
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 0.8 | 0.6 |
| All-in Cost EUR/USD - Active | 0.8 | 0.6 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | 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 Admirals and Trade Nation, both brokers offer forex trading as a CFD or spot contract. However, Admirals takes the lead with a more extensive selection, boasting 8,702 tradeable symbols, including 82 forex pairs, while Trade Nation provides 1,000 symbols and 46 forex pairs. Admirals also offers exchange-traded securities on U.S. and international exchanges, enabling clients to invest in stocks like Apple and Vodafone—an option not available through Trade Nation. Both brokers support copy trading and offer cryptocurrency derivatives, though they do not facilitate the purchase of actual cryptocurrencies.
Admirals is rated at 4.5 stars for its range of investments, securing the 19th spot out of 62 brokers on ForexBrokers.com. In contrast, Trade Nation receives a 3.5-star rating, ranking 38th. This indicates that Admirals provides a wider and more varied selection of investment options, making it a more appealing choice for those seeking greater diversity in their trading portfolio.
| Feature |
Admirals
|
Trade Nation
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 1000 |
| Forex Pairs (Total) | 82 | 46 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | 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.
Admirals and Trade Nation both provide traders with simulated trading through free virtual demo accounts and their own in-house developed proprietary platforms. Admirals and Trade Nation also offer Windows-based desktop and web-based trading platforms, alongside MetaTrader 4 (MT4) integration. For those interested in using MetaTrader 5 (MT5), Admirals stands out as the go-to option. Both platforms support copy trading features, although they do not offer DupliTrade or ZuluTrade services.
When it comes to charting tools, Admirals offers an impressive 106 drawing tools compared to Trade Nation's 39, and Admirals provides the ability to trade directly from a stock chart, unlike Trade Nation. While Trade Nation excels in watch list versatility with 14 available columns for fields, Admirals offers 7 columns. In terms of ratings, both Admirals and Trade Nation score 4 out of 5 stars for trading platforms and tools. However, Admirals holds a superior rank at #20 out of 62 brokers on ForexBrokers.com, while Trade Nation is ranked #45.
| Feature |
Admirals
|
Trade Nation
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 99 |
| Charting - Drawing Tools (Total) | 106 | 39 |
| Charting - Trade From Chart | Yes | No |
| Watchlists - Total Fields | 7 | 14 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Admirals and Trade Nation provide mobile trading apps that are accessible on iPhone and Android devices, offering essential features for traders on the go. Users of both platforms can set stock and forex price alerts and create watchlists with real-time quotes. While Admirals and Trade Nation enable the drawing of trendlines and support multiple time frames for chart analysis, Trade Nation stands out with a significantly higher number of technical studies, offering 99 compared to Admirals' 30. This makes Trade Nation a compelling choice for traders seeking comprehensive charting tools. However, Admirals maintains a slight edge with its higher ranking in the ForexBrokers.com evaluation, coming in at #28 compared to Trade Nation at #45, even though both received a four-star rating for their mobile trading apps.
A notable difference between the two platforms is the ability to sync watchlist symbols between the mobile app and the user's online account. Trade Nation offers this feature, allowing seamless changes across devices, while Admirals does not. Both apps do, however, auto-save drawings on charts to enhance the user trading experience. Overall, both Admirals and Trade Nation provide solid mobile trading solutions, but specific needs like charting depth and account syncing capabilities may steer users toward one app over the other.
| Feature |
Admirals
|
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 | 30 | 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.
When it comes to market research, Admirals and Trade Nation each have their strengths, but Admirals stands out in several areas. Admirals provides daily market commentary and access to market analysis tools such as those from Trading Central, offering valuable insights through technical analytics. In contrast, Trade Nation does not provide daily commentary or Trading Central tools, though it shares forex news from top-tier sources like Bloomberg and Reuters, just like Admirals. Both brokers offer sentiment-based trading tools and resources from Acuity Trading, enabling traders to gauge market sentiment and access advanced research tools like Signal Centre.
Admirals further distinguishes itself with access to TipRanks for comprehensive market research and an economic calendar to track global economic events, both of which Trade Nation lacks. This broader suite of research tools earns Admirals a rating of 4 stars for research, compared to Trade Nation's 3.5 stars. Within a list of 62 brokers, Admirals ranks #15 for research by ForexBrokers.com, while Trade Nation comes in at #42. These differences make Admirals a preferred choice for traders looking for a richer set of market research tools and information.
| Feature |
Admirals
|
Trade Nation
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | Yes |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
For beginners keen on diving into the world of online trading, Admirals provides a comprehensive educational foundation. Admirals offers a wide range of educational resources, including a generous selection of articles, videos, and archived webinars focused on forex and CFD trading. New traders can benefit from Admirals' commitment to regular educational webinars and can access a searchable archive of past sessions to learn at their own pace. Additionally, Admirals offers a robust collection of beginner-friendly videos and a valuable investor dictionary with over 50 investing terms clarified. This wealth of learning tools has earned Admirals a solid four-star rating for education and a commendable ranking of 12th among 62 brokers.
In comparison, Trade Nation also provides essential educational materials, featuring numerous articles and videos suitable for beginners looking to understand forex and CFDs. Although lacking Admirals' monthly webinars and the archived library of these sessions, Trade Nation still caters to novice traders with its selection of beginner videos. However, it falls short on advanced educational content and does not offer an investor dictionary. These factors contribute to Trade Nation's slightly lower education rating of 3.5 stars and its 42nd place ranking in the education category among brokers. For those prioritizing a wide array of learning opportunities, Admirals may offer a more rounded educational experience.
| Feature |
Admirals
|
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 | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Admirals is better than Trade Nation. Admirals finished with an overall rank of #18, while Trade Nation finished with an overall rank of #34.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
| Feature |
Admirals
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Trade Nation
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 85 |
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Both Admirals and Trade Nation do not provide the option to buy actual (delivered) cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.
When comparing online brokers Admirals and Trade Nation in terms of deposit and withdrawal options, Admirals offers a more versatile range of methods including ACH or SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, whereas Trade Nation provides Skrill, Visa or Mastercard, and bank wires but lacks ACH or SEPA transfers and PayPal options.
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.
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0 of 5| Overall Rating | Admirals | Trade Nation | |
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| Trust Score | 93 | 85 | |
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| Review | Admirals Review | Trade Nation Review |
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| Regulation | Admirals | Trade Nation | |
|---|---|---|---|
| Trust Score | 93 | 85 | |
| Year Founded | 2001 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Admirals | Trade Nation | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | 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) | Admirals | Trade Nation | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | Trade Nation | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 1000 | |
| Forex Pairs (Total) | 82 | 46 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | 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 | Admirals | Trade Nation | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | 0.6 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.6 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | Trade Nation | |
|---|---|---|---|
| Minimum Deposit | $100 | $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 | Yes | No |
| Trading Platforms | Admirals | Trade Nation | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Admirals | Trade Nation | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 14 | |
| Charting - Indicators / Studies (Total) | 30 | 99 | |
| Charting - Drawing Tools (Total) | 106 | 39 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | No |
| Mobile Trading | Admirals | 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 | 30 | 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 | Admirals | Trade Nation | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | No |
| Education | Admirals | 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 | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Admirals | 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 | Admirals Review | Trade Nation Review |
| Overall | Admirals | Trade Nation | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | Admirals Review | Trade Nation Review |
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