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 stands out with its fixed-spread pricing across all tradable symbols on its proprietary platform and offers variable-spread pricing on its MetaTrader platform. The standout feature is its constant spreads that remain fixed even as market prices fluctuate, with a minor exception during the daily rollover period when they may widen for about an hour. Specifically, Trade Nation lists a fixed spread of 0.6 pips for the EUR/USD pair, adjusting temporarily to as much as 1.4 pips during the rollover. This means that on average, the effective spread is around 1 pip. With three primary account types, Trade Nation offers both a commission-based Raw Spread account with a $7 per round-trip commission and a commission-free account on MetaTrader, along with the TN Trader account featuring the lowest spreads. Trade Nation achieves an impressive five-star rating for its commissions and fees and is ranked 7th out of 62 brokers by ForexBrokers.com.
Exness, on the other hand, provides a broader selection of five primary account types, catering to different trading preferences with two standard and three professional options. Additionally, Exness offers accounts designed for social copy trading. The trading costs vary by account type, favoring the commission-based options for lower spreads. Spreads are higher on the Standard Cent account, while the Standard and Pro accounts feature more favorable conditions, including less stringent margin levels. The Zero Spread account charges a small $0.05 per-trade commission with unrestricted leverage, while the Raw account offers the lowest spreads and a commission of up to $7 per round lot. With a four-star rating, Exness ranks 38th in the commissions and fees category according to ForexBrokers.com.
| 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.
When comparing Trade Nation and Exness regarding their available range of investments, both platforms offer forex trading as CFDs or spot contracts, but they differ in the number of tradeable symbols and forex pairs. Trade Nation presents clients with 1,000 tradeable symbols and access to 46 forex pairs, while Exness offers a smaller selection of 227 tradeable symbols but nearly doubles the forex pair offerings with 96. Despite their offerings in forex, neither broker allows the purchase of exchange-traded securities on U.S. or international exchanges, nor do they offer the ability to buy actual cryptocurrencies, focusing instead on cryptocurrency derivatives.
In terms of innovative features like copy trading, both Trade Nation and Exness provide this service to their clients. However, when it comes to ratings, both platforms received a 3.5-star rating for their range of investments. Despite having the same star rating, their rankings differ, with Trade Nation positioned at #38 and Exness at #56 out of 62 brokers in the ForexBrokers.com Range of Investments category. This indicates subtle differences in their offerings and market appeal, which may influence a trader's choice depending on specific investment needs and preferences.
| 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.
Both Trade Nation and Exness offer a range of trading platforms and tools designed to meet the needs of online traders. Traders will find simulated trading opportunities through free virtual demo accounts with both brokers, allowing for risk-free practice. Each broker has developed its own proprietary platform and provides traders with Windows desktop and web-based browser platforms. Both Trade Nation and Exness support the popular MetaTrader 4 (MT4) platform, but only Exness offers MetaTrader 5 (MT5), giving it an edge for those seeking advanced trading capabilities. However, neither broker supports DupliTrade or ZuluTrade. Both brokers facilitate copy trading, providing an option for users to replicate the trades of more experienced traders.
When it comes to charting tools, Exness shines with 87 drawing tools compared to Trade Nation's 39, and offers the ability to trade directly from a stock chart—something Trade Nation does not. For traders keen on detailed market monitoring, Trade Nation provides 14 different fields in its watch lists, surpassing Exness's seven. Both brokers are rated four out of five stars for their trading platforms and tools, but Exness holds a higher ranking, positioning 31st of 62 brokers, while Trade Nation is ranked 45th according to ForexBrokers.com. This suggests a slight preference for Exness among traders looking for tools and platform flexibility.
| 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) | 99 | 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 mobile trading apps, both Trade Nation and Exness offer apps for iPhone and Android, ensuring users can access them on popular devices. Each platform provides stock or forex price alerts and allows traders to draw trendlines on charts and view data across multiple time frames, giving them flexibility in how they monitor and analyze market trends. However, Trade Nation takes a step ahead with watchlist symbol syncing, enabling your app watchlists to harmonize with your online account, a feature Exness does not provide.
For charting capabilities, Trade Nation stands out, offering an impressive 99 technical studies in their app, compared to Exness's 35. This richer set of tools enhances the analytical experience for traders who rely on detailed chart readings. Additionally, Trade Nation autosaves drawings on charts, adding convenience during technical analysis, whereas Exness misses out on this feature. Both apps allow the creation of watchlists with real-time quotes, essential for active traders. Despite these differences, both apps are equally rated at 4 stars for their mobile trading features. When ranked amongst 62 brokers by ForexBrokers.com, Exness secures the 32nd spot, while Trade Nation follows at 45th place.
| 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 Trade Nation and Exness for market research tools and resources, the two platforms offer unique features that cater to different trading needs. Trade Nation does not provide daily market commentary but delivers forex news from esteemed sources like Bloomberg and Reuters. It also stands out by offering a sentiment-based trading tool, showcasing long or short positions, and includes research tools from Acuity Trading like Signal Centre. Exness, on the other hand, ensures traders stay informed with daily market commentary and similar forex news updates. While both do not include Autochartist tools, Exness leverages Trading Central for technical analysis resources.
Exness goes a step further by providing an economic calendar that outlines important global news events, a feature absent in Trade Nation. Both brokers receive a 3.5-star rating for research, with their ranks being very close—Trade Nation at 42nd and Exness at 41st out of 62 brokers, according to ForexBrokers.com. These nuances make each platform appealing depending on whether a trader values detailed commentary and analysis tools offered by Exness, or the sentiment tools and signal-focused resources available with Trade Nation.
| Feature |
Trade Nation
|
Exness
|
|---|---|---|
| Daily Market Commentary | No | 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.
When comparing the educational resources available to beginners, both Trade Nation and Exness provide a satisfactory foundation in forex and CFDs education with at least ten educational pieces like articles, videos, and archived webinars. Beginner traders will find Trade Nation and Exness to be equally accommodating with over ten beginner-friendly trading videos, making it easier to understand trading concepts. Nevertheless, a key distinction between the two is Exness's searchable archive of recorded webinars, which is an advantage for learners who value on-demand access to varied topics, whereas Trade Nation does not offer this feature.
Further differentiating these two platforms is Exness's investor dictionary with over 50 investing terms, which is absent in Trade Nation's offerings. Both brokers fall short in providing advanced educational videos aimed at experienced traders and do not conduct regular monthly webinars. Despite these differences, both Trade Nation and Exness receive an equal rating of 3.5 stars for their educational services. However, in the broader ranking by ForexBrokers.com, Trade Nation is positioned slightly higher at 42 out of 62 brokers, compared to Exness's rank of 47, indicating slightly more recognition in educational offerings.
| 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 | 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 Exness. Trade Nation finished with an overall rank of #34, while Exness finished with an overall rank of #41.
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
|
Exness
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 85 | 81 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Trade Nation | Exness | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 81 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | Exness Review |
| Broker Screenshots | Trade Nation | Exness | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| 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) | 99 | 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 | No | 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 | No | No | |
| Investor Dictionary (Glossary) | No | 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 81 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | Exness Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill