Written by ForexBrokers.com
In this head to head comparison of Trade Nation vs Alpari, 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 Trade Nation and Alpari, their trustworthiness plays a significant role. Trade Nation, established in 2014, boasts a ForexBrokers.com Trust Score of 85, indicating it is a trusted platform. It holds two Tier-1 licenses, which are highly trusted, and one Tier-2 license. In contrast, Alpari, founded in 1998, has a Trust Score of 68, putting it in the high-risk category. Alpari lacks Tier-1 and Tier-2 licenses, which might be a consideration for those prioritizing regulatory reassurance.
Both brokers are not publicly traded and do not operate as banks. While Trade Nation shines with its regulatory compliance and higher trust score, Alpari's longer presence in the market might attract those looking for a broker with a lengthy track record. However, for investors looking for more secure regulatory credentials, Trade Nation seems to have the upper hand based on licensing and trust ratings.
| Feature |
Trade Nation
|
Alpari
|
|---|---|---|
| Year Founded | 2014 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 0 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Trade Nation stands out for its competitive fixed-spread pricing, offering a distinct edge over most brokers with its consistent pricing method. On its proprietary platform, Trade Nation provides a fixed spread of 0.6 pips for the EUR/USD pair, which only widens to a maximum of 1.4 pips during a brief daily rollover period. This approach gives clients a clearer view of pricing without needing complex calculations, with the true average spread generally around 1 pip. Trade Nation presents three account types: a commission-free account and a commission-based Raw Spread account on MetaTrader, and a TN Trader account on its proprietary web platform, which typically offers the lowest spreads among the accounts when considering all costs. As a testament to its pricing efficiency, Trade Nation has achieved a 5-star rating and ranks #7 out of 62 brokers for commissions and fees.
In contrast, Alpari does not provide average spread data, leaving potential clients without detailed insights into its pricing structure. This lack of transparency may be a factor in its lower positioning compared to Trade Nation. Alpari has earned a 4-star rating in the commissions and fees category, placing it at #41 out of 62 brokers according to ForexBrokers.com.
| Feature |
Trade Nation
|
Alpari
|
|---|---|---|
| Minimum Deposit | $0 | $20 |
| Average Spread EUR/USD - Standard | 0.6 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | 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 investments offered by Trade Nation and Alpari, you'll find some notable differences and similarities. Both brokers provide forex trading as CFDs, with each offering 46 tradeable forex pairs. However, Trade Nation edges out Alpari significantly in the overall number of tradeable symbols, presenting 1000 compared to Alpari's 105. Neither broker allows clients to buy actual exchange-traded securities on U.S. exchanges, but Alpari distinguishes itself by providing access to international exchange-traded securities, such as Vodafone shares on the London Stock Exchange. Both platforms support copy trading and offer cryptocurrency derivatives rather than actual cryptocurrencies.
In terms of their rankings and ratings for the range of investments, users have rated Trade Nation at 3.5 stars, slightly higher than Alpari's 3-star rating. According to ForexBrokers.com, a comprehensive industry ranking shows Trade Nation placed at #38, highlighting a wider variety of available investments compared to Alpari’s placement at #62 out of 62 brokers. These distinctions make Trade Nation a more attractive option for traders looking for a broader selection of tradeable assets, while Alpari may appeal to those interested in international securities alongside CFD trading.
| Feature |
Trade Nation
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 105 |
| Forex Pairs (Total) | 46 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| 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.
Trade Nation and Alpari both provide a variety of trading platforms and tools that cater to different trading needs. Both brokers offer simulated trading through free virtual demo accounts and proprietary platforms developed in-house. They support Windows-based desktop downloads and web-based platforms for convenient browser trading. Additionally, both Trade Nation and Alpari support MetaTrader 4 (MT4) as well as the popular copy trading functionality. However, Alpari goes a step further by offering MetaTrader 5 (MT5), providing traders with access to enhanced features that are not available with Trade Nation. Neither broker currently offers DupliTrade or ZuluTrade, but they accommodate traders with diverse technical analysis needs by providing 39 and 15 drawing tools, respectively.
Trade Nation stands out with its 14 columns for watch lists, offering more fields for detailed market tracking compared to Alpari's 7 columns. Conversely, Alpari allows the ability to trade directly from a stock chart, a feature absent in Trade Nation's offerings. Overall, both brokers achieve a solid four-star rating for their trading platforms and tools. However, Trade Nation is ranked slightly higher at #44 compared to Alpari's #55 in the Trading Platforms and Tools category by ForexBrokers.com, indicating a marginal edge in the quality and variety of tools provided.
| Feature |
Trade Nation
|
Alpari
|
|---|---|---|
| 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) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 115 | 30 |
| Charting - Drawing Tools (Total) | 39 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 14 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Trade Nation and Alpari both provide comprehensive mobile trading apps available for iPhone and Android users. Both platforms allow users to receive stock or forex price alerts and create watchlists with real-time quotes. However, Trade Nation's app includes the added benefit of watchlist symbol syncing, ensuring that any changes made to watchlists are reflected both on the app and the user's online account. In comparison, Alpari does not offer this feature. When it comes to charting capabilities, Trade Nation stands out by offering a far more extensive selection of 99 technical studies, while Alpari provides 30 studies. Additionally, both apps facilitate the drawing of trendlines on charts and enable viewing across multiple time frames, but only Trade Nation automatically saves these drawings for future reference.
Despite both platforms receiving a 4-star rating for their mobile apps, Trade Nation holds a higher rank of 45 out of 62 brokers according to ForexBrokers.com, whereas Alpari is ranked 56. This suggests that Trade Nation's mobile trading app may provide a slight edge in features that enhance user experience and functionality. Whether you value comprehensive charting tools or synchronized watchlists, it's clear that both Trade Nation and Alpari offer viable options for mobile trading, although Trade Nation seems to offer a bit more in terms of features and app performance.
| Feature |
Trade Nation
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 99 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Trade Nation and Alpari for their market research offerings, Trade Nation emerges with a slight edge. It provides daily market commentary and forex news from top-tier sources such as Bloomberg and Reuters, alongside a sentiment-based trading tool that shows market trends. Additionally, Trade Nation offers research tools from Acuity Trading, which include offerings like Signal Centre. However, Trade Nation does fall short by not offering technical analysis tools from Autochartist or Trading Central, nor does it provide an economic calendar for global events.
Alpari, on the other hand, offers forex news from esteemed sources alongside technical analysis tools from Autochartist, which adds depth for traders interested in chart patterns. It also features an economic calendar, helping traders keep track of upcoming global news events. Despite these benefits, Alpari lacks daily market commentary, sentiment tools, and Acuity Trading resources, which are significant in helping traders make timely decisions. In terms of research ratings, Trade Nation scores higher with 3.5 stars, whereas Alpari stands at 3 stars, reflecting their respective ranks of #42 and #57 among 62 brokers according to ForexBrokers.com.
| Feature |
Trade Nation
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for newcomers in forex and CFD trading, both Trade Nation and Alpari offer valuable content to get you started. Each platform provides over 10 comprehensive educational pieces, such as articles and videos, focused on forex and CFD trading. If you're eager to delve deeper into trading videos designed specifically for beginners, both brokers have you covered with over 10 videos each. However, when exploring advanced educational content, there's a notable difference: Trade Nation excels by offering over 10 advanced videos, while Alpari falls short in this aspect. Both brokers provide an investor dictionary with definitions for over 50 investing terms, catering to those looking to master the language of finance.
While neither Trade Nation nor Alpari holds monthly online educational webinars or archives past webinars, they differ slightly in their overall education ratings and rankings. Trade Nation edges out a higher rating with 3.5 stars and ranks 41st among 62 brokers, while Alpari receives a 3-star rating and places 48th in the education category on ForexBrokers.com. Therefore, if you're seeking a broker with more advanced educational tools and informative resources, Trade Nation seems to offer a slight advantage over Alpari, despite both platforms providing a solid foundation for beginner traders.
| Feature |
Trade Nation
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Trade Nation is better than Alpari. Trade Nation finished with an overall rank of #34, while Alpari finished with an overall rank of #57.
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.
| Feature |
Trade Nation
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Alpari
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 68 |
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Both Trade Nation and Alpari do not provide the option to purchase actual delivered cryptocurrency, but they do offer the ability to buy cryptocurrency derivatives.
Both Trade Nation and Alpari do not support ACH or SEPA transfers and PayPal for account deposits or withdrawals, but they both allow users to transact via Skrill, Visa or Mastercard, and bank wires.
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 | Trade Nation | Alpari | |
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| Trust Score | 85 | 68 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
| Broker Screenshots | Trade Nation | Alpari | |
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| Regulation | Trade Nation | Alpari | |
|---|---|---|---|
| Trust Score | 85 | 68 | |
| Year Founded | 2014 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 0 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | Alpari | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| 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 | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Trade Nation | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Trade Nation | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 105 | |
| Forex Pairs (Total) | 46 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| 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 | Trade Nation | Alpari | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | Alpari | |
|---|---|---|---|
| Minimum Deposit | $0 | $20 | |
| PayPal (Deposit/Withdraw) | No | 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 | Trade Nation | Alpari | |
|---|---|---|---|
| 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) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Trade Nation | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 14 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 30 | |
| Charting - Drawing Tools (Total) | 39 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Trade Nation | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 99 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | No | Yes |
| Research | Trade Nation | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Trade Nation | Alpari | |
|---|---|---|---|
| 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 | Trade Nation Review |
| Overall | Trade Nation | Alpari | |
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| Trust Score | 85 | 68 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
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