Written by ForexBrokers.com
In this head to head comparison of Trade Nation vs ATFX, 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 ATFX, both established a strong footing in the financial industry, being founded in 2014 and 2017, respectively. Neither of them is publicly traded or operates as a bank. Trustworthiness is a crucial factor, and both Trade Nation and ATFX share an identical Trust Score rating of 85 out of 99, which falls into the 'trusted' category according to ForexBrokers.com. This score indicates that both brokers can be considered reliable options for trading.
In terms of regulatory credentials, ATFX holds an edge with four Tier-1 licenses, indicating a higher level of trust, compared to Trade Nation's two Tier-1 licenses. Both also have Tier-2 licenses, with ATFX holding two and Trade Nation holding one, adding another layer of security and trustworthiness to their offerings. This regulatory alignment suggests that both brokers are committed to maintaining a secure and transparent trading environment.
| Feature |
Trade Nation
|
ATFX
|
|---|---|---|
| Year Founded | 2014 | 2017 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 4 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing Trade Nation to ATFX regarding commissions and fees, Trade Nation stands out with its competitive fixed-spread pricing. On its proprietary platform, Trade Nation offers consistent fixed spreads, such as 0.6 pips for the popular EUR/USD pair. While these spreads widen briefly during the daily rollover period, the average remains close to 1 pip, providing a straightforward pricing model without extra calculations. Trade Nation also provides a choice between its proprietary platform and the MetaTrader platform, with the latter offering both commission-free and commission-based options. The MetaTrader Raw Spread account charges a $3.50 commission per side, totaling $7 per round-trip per standard lot, making it a versatile choice for traders.
In contrast, ATFX lacks available data on average spreads, making a detailed comparison challenging. This absence of transparent spread information could be a drawback for traders looking to estimate their potential costs accurately. While both brokers offer a variety of account types and platforms, Trade Nation's clear and detailed spread information provides traders with better cost predictability. Additionally, Trade Nation’s TN Trader account showcases the lowest spreads among its account offerings, enhancing its appeal in the market.
In terms of ratings, Trade Nation receives an impressive 5 stars for commissions and fees, ranking 7th out of 62 brokers evaluated by ForexBrokers.com in this category. Meanwhile, ATFX is rated with 3 stars and ranks significantly lower at 59th out of 62 brokers. This marked difference in ratings and rankings highlights Trade Nation as a more favorable choice for traders prioritizing competitive pricing and fee structures.
| Feature |
Trade Nation
|
ATFX
|
|---|---|---|
| Minimum Deposit | $0 | $500 |
| 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 | No |
| 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 Trade Nation and ATFX, both brokers provide a range of investment options, with each allowing clients to engage in forex trading as both CFD and spot contracts. Trade Nation offers a notable selection of 1,000 tradeable symbols, significantly outpacing ATFX, which provides 150 symbols. In terms of forex pairs, Trade Nation offers a slightly higher number with 46 pairs available compared to ATFX's 44 pairs. Neither broker allows for the purchase of exchange-traded securities on U.S. or international exchanges, such as Apple or Vodafone shares. Additionally, investors looking to buy actual cryptocurrencies will need to look elsewhere, as both brokers only offer cryptocurrency derivatives.
Both Trade Nation and ATFX support copy trading, providing investors the opportunity to mirror the trades of more experienced traders. In terms of reviews, both brokers share a similar rating of 3.5 stars for their range of investments. However, Trade Nation holds a better ranking in the category, standing at 38 out of 62 brokers according to ForexBrokers.com, while ATFX sits at 57 in the same category. This makes Trade Nation a slightly more diverse choice for investors seeking a wider array of trading options.
| Feature |
Trade Nation
|
ATFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 150 |
| Forex Pairs (Total) | 46 | 44 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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.
When comparing the trading platforms and tools offered by Trade Nation and ATFX, both brokers provide essential features like simulated trading through free virtual demo accounts, Windows-based desktop platforms, and web-based trading platforms. Trade Nation sets itself apart with its proprietary platform developed in-house, while ATFX relies on widely used third-party solutions. Both brokers offer copy trading and MetaTrader 4; however, ATFX extends its platform options with MetaTrader 5, which Trade Nation does not offer.
Charting tools also present differences between the two brokers. Trade Nation provides a more comprehensive set of drawing tools with 39 options compared to ATFX's 15. On the other hand, ATFX allows traders to execute trades directly from a stock chart, a feature not available with Trade Nation. Additionally, Trade Nation offers more detailed watch lists, featuring 14 columns versus ATFX's 7. In terms of ratings, Trade Nation scores higher with 4 stars for its trading platforms and tools, compared to ATFX's 3.5 stars. This distinction is reflected in their rankings by ForexBrokers.com, where Trade Nation is placed at #44 out of 62 brokers, while ATFX ranks #61.
| Feature |
Trade Nation
|
ATFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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.
When comparing the mobile trading apps of Trade Nation and ATFX, both options are available for iPhone and Android users, making them accessible to a wide range of traders. Each app provides essential features like stock or forex price alerts and the ability to draw trendlines on charts, appealing to those keen on monitoring market fluctuations and analyzing trends. However, the ease of keeping a synchronized watchlist across devices gives Trade Nation a slight edge here, as ATFX lacks this capability. This seamless transition between devices can enhance the trading experience for users who consistently switch between mobile and desktop.
For traders who prefer in-depth technical analysis, Trade Nation offers a significant advantage with 99 technical studies in its app compared to just seven provided by ATFX. This could be a game-changer for those who rely heavily on charting tools. Both apps allow users to explore various time frames and auto-save their chart drawings, ensuring smooth and continuous analysis. Despite these offerings, user ratings and rankings reveal a slight preference, with Trade Nation receiving four out of five stars and ranking 45th out of 62 brokers according to ForexBrokers.com, while ATFX holds a 3.5-star rating and the 62nd position. These distinctions highlight Trade Nation as the more favored choice among traders seeking comprehensive mobile trading tools.
| Feature |
Trade Nation
|
ATFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 99 | 7 |
| 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 comparing the market research offerings of Trade Nation and ATFX, there are some notable differences that can affect traders' experiences. Both brokers provide daily market commentary, ensuring that traders have fresh insights each day. However, Trade Nation goes a step further by offering forex news from reputable sources like Bloomberg and Reuters, which ATFX does not provide. On the other hand, ATFX supports traders with powerful technical analysis tools from Autochartist and Trading Central. These tools can be invaluable for traders focusing on in-depth technical analysis, whereas Trade Nation lacks such provisions.
Trade Nation and ATFX differ significantly in their sentiment and additional research tools. Trade Nation offers a sentiment-based trading tool that provides insights into market trends by displaying long or short positions ratios, a feature not available with ATFX. Additionally, Trade Nation enhances its offering with tools from Acuity Trading such as Signal Centre, while ATFX offers an economic calendar to keep traders informed about global news events. When it comes to overall research ratings, Trade Nation is awarded 3.5 stars and is ranked #42 among 62 brokers by ForexBrokers.com, slightly ahead of ATFX which holds a 3-star rating and is ranked #54.
| Feature |
Trade Nation
|
ATFX
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | Yes |
| 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 beginners, both Trade Nation and ATFX offer a variety of materials to help new traders navigate the world of forex and CFDs. Both brokers provide a minimum of 10 educational pieces, including articles and videos centered on forex and CFD trading. Each broker presents a collection of beginner-friendly videos to introduce foundational trading concepts. Nonetheless, Trade Nation takes a step further by also offering a series of advanced educational videos for more experienced traders. Both platforms feature an investor dictionary with over 50 investing terms, empowering users to understand complex terminology more easily.
Trade Nation garners a slight edge with a 3.5-star rating compared to ATFX’s 3-star rating for education, though ATFX holds a higher ranking in the education category, coming in at number 28 out of 62 brokers according to ForexBrokers.com, while Trade Nation ranks 41st. ATFX differentiates itself by providing a searchable archive of past webinars, a feature absent from Trade Nation. However, neither broker currently offers regular live educational webinars. These educational comparisons underscore the strengths and gaps of both platforms, giving beginners a clearer picture of what to expect in their journey to becoming more knowledgeable traders.
| Feature |
Trade Nation
|
ATFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | Yes |
| 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 ATFX. Trade Nation finished with an overall rank of #34, while ATFX finished with an overall rank of #51.
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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ATFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 85 |
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Both Trade Nation and ATFX do not provide the option to purchase actual delivered cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.
Trade Nation and ATFX both do not support ACH or SEPA transfers or PayPal for depositing or withdrawing funds; however, they offer Skrill, Visa or Mastercard, and bank wire options for these transactions, providing a range of convenient methods to manage your trading accounts.
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 | ATFX | |
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| Trust Score | 85 | 85 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
| Broker Screenshots | Trade Nation | ATFX | |
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| Regulation | Trade Nation | ATFX | |
|---|---|---|---|
| Trust Score | 85 | 85 | |
| Year Founded | 2014 | 2017 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 4 | |
| Tier-2 Licenses | 1 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | ATFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| 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). | No | Yes |
| Tier-2 Licenses (Trusted) | Trade Nation | ATFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Trade Nation | ATFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 150 | |
| Forex Pairs (Total) | 46 | 44 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | Trade Nation | ATFX | |
|---|---|---|---|
| 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 | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | ATFX | |
|---|---|---|---|
| Minimum Deposit | $0 | $500 | |
| 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 | ATFX | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | ATFX | |
|---|---|---|---|
| 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 | ATFX | |
|---|---|---|---|
| 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 | 7 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Trade Nation | ATFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | ATFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Trade Nation | ATFX | |
|---|---|---|---|
| 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 | ATFX | |
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| Trust Score | 85 | 85 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
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