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.
Trade Nation and ATFX both cater to online traders by offering simulated trading options through virtual demo accounts. Trade Nation sets itself apart with a proprietary trading platform, allowing users access to a unique trading experience tailored by the broker. On the other hand, ATFX relies on industry-standard platforms without offering a custom-built option. Both brokers provide trading platforms that work on Windows desktop and via web browsers, facilitating accessibility for traders. They also support MetaTrader 4 (MT4), although only ATFX includes the advanced MetaTrader 5 (MT5) platform in its suite. Additionally, both brokers enable copy trading but do not support DupliTrade or ZuluTrade.
For charting tools, Trade Nation exceeds ATFX with 39 drawing tools compared to ATFX's 15, though the number of technical indicators offered by each broker remains unspecified. ATFX allows users to trade directly from stock charts, while Trade Nation does not offer this feature. When it comes to creating watch lists, Trade Nation offers more customization with 14 columns, compared to ATFX's seven. In terms of overall ratings for trading platforms and tools, Trade Nation leads with four stars, ranked 45th by ForexBrokers.com, in contrast to ATFX's 3.5-star rating and 61st rank. This comparison highlights that while both brokers provide comprehensive trading solutions, Trade Nation offers a slightly more feature-rich platform experience.
| 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) | 99 | 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, several differences become apparent. Trade Nation provides forex news from top-tier sources like Bloomberg and Reuters, along with a sentiment-based trading tool that reflects the balance of long and short positions across various instruments, offering useful insights for traders. Additionally, Trade Nation features research tools from Acuity Trading. However, Trade Nation does not provide daily market commentary, technical analysis tools from Autochartist or Trading Central, or an economic calendar, which may be a limitation for traders seeking comprehensive daily updates and in-depth analysis. Despite these omissions, Trade Nation garners a respectable 3.5-star research rating and ranks 42nd out of 62 brokers in the research category according to ForexBrokers.com.
Conversely, ATFX offers daily market commentary and integrates technical analysis tools such as those from Autochartist and Trading Central, along with an economic calendar to keep traders informed of important global events. These features are designed to help traders make informed decisions based on both current events and market trends. However, ATFX lacks forex news from premier sources and sentiment-based trading tools, potentially limiting the depth of market perspective available. It also doesn't include research tools from Acuity Trading. ATFX holds a 3-star research rating and ranks 54th among 62 brokers for research quality, which suggests there is room for improvement in this area.
| Feature |
Trade Nation
|
ATFX
|
|---|---|---|
| Daily Market Commentary | No | 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 comparing the educational resources available for beginners at Trade Nation and ATFX, both platforms offer a variety of materials to help novice traders get started with forex and CFDs. Each provides more than ten educational pieces, including articles and videos that cover core trading concepts. However, ATFX sets itself apart with a searchable archive of previously recorded client webinars, which Trade Nation does not provide. On the other hand, both brokers fall short of offering monthly live webinars or extensive content for advanced traders.
For those who prefer video learning, both Trade Nation and ATFX deliver over ten beginner-friendly videos. Despite this, beginners seeking an all-encompassing trading educational experience might lean towards ATFX, which also offers an investor dictionary boasting over 50 terms – a feature absent from Trade Nation. Even though ATFX ranks higher at #28 in the Education category, Trade Nation scores slightly better with a 3.5-star rating compared to ATFX's 3-star rating according to ForexBrokers.com. This suggests that while ATFX has more varied educational tools overall, users find Trade Nation's offerings slightly more satisfactory.
| 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 | No | No |
| Investor Dictionary (Glossary) | No | 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) | 99 | 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 | No | 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 | No | No | |
| Investor Dictionary (Glossary) | No | 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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