Written by ForexBrokers.com
In this head to head comparison of Trade Nation vs Exness, 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.
Trade Nation, founded in 2014, and Exness, established in 2008, are two well-known online brokers that cater to traders worldwide. Neither company is publicly traded nor operates as a bank. When evaluating their trustworthiness according to ForexBrokers.com, Trade Nation achieves a Trust Score of 85, placing it in the "trusted" category. Meanwhile, Exness holds a Trust Score of 81, also classified as "trusted." Both brokers possess two Tier-1 licenses, signifying a high level of trust in their operations. However, Exness slightly edges ahead with three Tier-2 licenses compared to Trade Nation's one, showcasing a broader range of trusted regulatory credentials.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| Year Founded | 2014 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 3 |
Trade Nation shines when it comes to commissions and fees, notably with its competitive fixed-spread pricing model. Whether trading on its proprietary TN Trader web platform or the popular MetaTrader platform, clients experience consistent pricing. The EUR/USD pair on Trade Nation usually has a spread as low as 0.6 pips; however, don't be surprised if it stretches to 1.4 pips briefly during the daily rollover. This makes the average spread usually hover around 1 pip. With three distinct account types, including a commission-based Raw Spread account on MetaTrader, Trade Nation provides options for traders seeking varying costs and spreads. Earning a commendable 5-star rating for its fees, Trade Nation ranks impressively at #7 out of 62 brokers in the Commissions and Fees category by ForexBrokers.com.
Exness presents a diverse array of account choices, each with unique costs and benefits. It offers two standard accounts alongside three professional accounts, with additional options for social copy trading enthusiasts. Exness offers commission-free and commission-based account types, where commission-based accounts boast narrower spreads. Among these, the Raw account stands out, charging a moderate $7 per round turn lot with the benefit of lower spreads. The Zero Spread account offers traders minimum spread costs with a small per-trade commission. Despite a 4-star rating, which reflects competitive pricing, Exness ranks #35 when compared to 62 brokers for commissions and fees by ForexBrokers.com.
In summary, while both Trade Nation and Exness offer appealing options for traders, Trade Nation leads in the commissions and fees domain with its fixed-spread pricing model and strong broker ranking. Exness, on the other hand, shines with its wide selection of account types catering to diverse trading preferences, albeit with slightly lower rankings and somewhat varied pricing based on account selection.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| 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.
Trade Nation and Exness both offer opportunities for forex trading as CFDs or spot contracts, but their range of tradeable symbols and forex pairs differs. Trade Nation provides traders with 1,000 tradeable symbols, including 46 forex pairs. In contrast, Exness offers a smaller pool of 227 tradeable symbols yet boasts a wider selection of 96 forex pairs. Neither broker facilitates the purchase of exchange-traded securities on U.S. or international exchanges, meaning clients can't directly buy stocks like Apple or Vodafone. However, both platforms support copy trading and allow trading of cryptocurrency derivatives, though you can't purchase actual cryptocurrencies.
Both brokers receive a 3.5-star rating for their range of investment offerings. Despite this shared rating, their rankings on ForexBrokers.com differ: Trade Nation is ranked #38 out of 62 brokers, while Exness finds itself lower down the list at #55. This suggests that while both have their strengths, Trade Nation might offer a slightly more favorable investment range in the eyes of this particular reviewer.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 227 |
| Forex Pairs (Total) | 46 | 96 |
| 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 Exness, both brokers provide features that appeal to different trading preferences. Both offer trade simulation through free virtual demo accounts and have developed their proprietary platforms. They provide platforms that are compatible with Windows-based desktops and web browsers. Copy trading is supported on both brokers, and they offer access to the popular MetaTrader 4 platform. While Exness extends its offering with MetaTrader 5, a feature not available with Trade Nation, neither broker supports DupliTrade or ZuluTrade.
In terms of charting tools, Trade Nation offers 39 drawing tools, whereas Exness provides a more extensive selection with 87 drawing tools. Specifically, Exness also allows trading directly from a stock chart, a feature that Trade Nation lacks. When it comes to organizing trading watches, Trade Nation offers more customization with 14 columns for watch lists compared to Exness's 7 columns. Both brokers are rated four out of five stars for their trading platforms and tools. However, in the ForexBrokers.com ranking for platform and tool offerings, Exness is ranked at #26, outperforming Trade Nation, which is placed at #44.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| 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 | 107 |
| Charting - Drawing Tools (Total) | 39 | 87 |
| 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 Exness, both brokers provide support for iPhone and Android devices, ensuring versatility for users on the go. They each offer essential features like stock or forex price alerts and the ability to draw trendlines on charts. Users can also view multiple time frames—be it daily, weekly, or intraday—for seamless chart analysis. However, a key difference is their approach to watchlist management; while Trade Nation enables watchlist symbol syncing across devices, Exness falls short without this feature. Additionally, Trade Nation provides more charting options with 99 technical studies compared to Exness’s 35, catering to traders who rely heavily on technical analysis.
Both apps allow for real-time watchlists, but Trade Nation offers the extra benefit of auto-saving drawings on charts, which can be particularly useful for traders refining their strategies. Despite both having a 4-star rating for their mobile trading capabilities, ForexBrokers.com ranks them differently, placing Exness at #26 and Trade Nation at #45 out of 62 brokers. This could reflect differences in user preferences for specific features or overall app usability. Ultimately, choosing between the two might come down to whether features like watchlist syncing and extensive technical studies are crucial for your trading activities.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 99 | 35 |
| 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 the market research offerings of Trade Nation and Exness, both brokers provide daily market commentary and share forex news from top-tier sources like Bloomberg and Reuters, ensuring traders stay informed with reliable news updates. While neither broker collaborates with Autochartist for technical or fundamental research tools, Exness takes a step further by offering tools from Trading Central, unlike Trade Nation. Both brokers feature sentiment-based tools, which reveal trader positioning across different instruments, giving insight into market trends.
Trade Nation stands out by integrating tools from Acuity Trading, such as the Signal Centre, whereas Exness does not offer this feature. On the other hand, Exness provides an economic calendar to track significant upcoming global news events, which is absent in Trade Nation's offerings. Both brokers receive 3.5-star ratings for their research capabilities, yet Exness slightly edges out Trade Nation by one rank, placing 41st out of 62 brokers according to ForexBrokers.com, while Trade Nation ranks 42nd.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners exploring the education resources provided by online brokers, both Trade Nation and Exness offer a comprehensive set of educational materials for forex and CFDs. Each broker provides at least ten educational pieces, including articles and videos that cater to new traders. In terms of beginner videos, both brokers meet the requirement, delivering a selection of videos specifically curated for novice traders. However, Trade Nation distinguishes itself by offering at least ten additional videos tailored for more experienced traders, a feature not available with Exness.
When it comes to client webinars, neither Trade Nation nor Exness hosts monthly online educational webinars, but Exness makes up for it slightly by offering a searchable archive of previous recordings, a tool that Trade Nation lacks. Both brokers provide a helpful investor dictionary with definitions of over 50 investing terms, enhancing their educational outreach. With similar educational ratings of 3.5 stars, Trade Nation is ranked slightly higher for education by ForexBrokers.com at #41 out of 62 brokers, whereas Exness is ranked at #47.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| 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 Exness. Trade Nation finished with an overall rank of #34, while Exness finished with an overall rank of #43.
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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Exness
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|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 81 |
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Both Trade Nation and Exness do not provide the option to purchase actual delivered cryptocurrency, but they both offer the ability to trade cryptocurrency derivatives.
Trade Nation and Exness both do not support ACH or SEPA transfers and PayPal for depositing or withdrawing funds, but they offer similar options like Skrill, Visa, Mastercard, and bank wires for seamless transactions.
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 | Exness | |
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| Trust Score | 85 | 81 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | Exness Review |
| Broker Screenshots | Trade Nation | Exness | |
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| Regulation | Trade Nation | Exness | |
|---|---|---|---|
| Trust Score | 85 | 81 | |
| Year Founded | 2014 | 2008 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 3 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | Exness | |
|---|---|---|---|
| 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 | 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 | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | Yes | |
| 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 | Yes |
| Investments | Trade Nation | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 227 | |
| Forex Pairs (Total) | 46 | 96 | |
| 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 | Exness | |
|---|---|---|---|
| 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 | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | Exness | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| 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 | Exness | |
|---|---|---|---|
| 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 | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 14 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 107 | |
| Charting - Drawing Tools (Total) | 39 | 87 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Trade Nation | Exness | |
|---|---|---|---|
| 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 | 35 | |
| 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 | Exness | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | Exness | |
|---|---|---|---|
| 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 | Exness | |
|---|---|---|---|
| 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 | Exness Review |
| Overall | Trade Nation | Exness | |
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| Trust Score | 85 | 81 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | Exness Review |
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