Written by ForexBrokers.com
In this head to head comparison of Trade Nation vs GBE brokers, 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 and GBE Brokers, both established in the early 2010s, cater to online trading enthusiasts but differ significantly in regulatory standings. Trade Nation, founded in 2014, demonstrates a higher level of trust with a ForexBrokers.com Trust Score of 85, falling into the "trusted" category. It holds two top-tier licenses and one additional middle-tier license, enhancing its credibility in the trading sphere. Not being publicly traded or a bank does not hinder its standing given its strong regulatory backing.
In comparison, GBE Brokers, which commenced operations in 2013, holds a Trust Score of 71, placing it in the "average risk" classification. This broker holds only one top-tier license, slightly limiting its regulatory assurance. Despite neither being a publicly listed entity nor a bank, GBE Brokers still offers opportunities for trading, though potential clients might consider the differences in their trust ratings and regulatory licenses when choosing between these two online brokers.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| Year Founded | 2014 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Trade Nation offers solid pricing with its fixed-spread model, particularly for popular pairs like EUR/USD, which boasts a fixed spread of 0.6 pips. However, during the daily rollover period, these spreads can widen to 1.4 pips. Despite this, Trade Nation maintains a competitive average, generally closer to 1 pip. The platform provides three main account types: two MetaTrader accounts, one with a commission-based Raw Spread ($3.50 per side) and one commission-free, alongside its TN Trader account on the proprietary platform, which often offers the smallest spreads when all costs are considered.
GBE Brokers, on the other hand, does not provide average spread data, making direct comparisons challenging. Although specific spread figures are not disclosed, GBE Brokers focuses on offering competitive commission and fee structures, appealing to traders looking for straightforward trading costs without the need for in-depth calculations. This lack of specific data might be a downside for those who prioritize transparency in spread information.
When it comes to ratings, Trade Nation shines with a full 5-star rating for commissions and fees, securing the 7th spot out of 62 brokers as per ForexBrokers.com. In comparison, GBE Brokers holds a 4-star rating and is ranked 37th in the same category. These rankings underscore Trade Nation's appeal for traders looking for predictable fees, while GBE Brokers offers a solid but slightly less competitive alternative.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| 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 | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| 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 GBE brokers for the range of investments, traders will find that both brokers offer forex trading either as CFDs or spot contracts. Trade Nation provides 1,000 tradeable symbols, giving its clients a comprehensive selection to choose from, while GBE brokers offer 500 tradeable symbols. However, GBE brokers excel in the forex department with 71 forex pairs compared to Trade Nation’s 46 pairs. Both platforms allow clients to explore copy trading, providing a pathway for beginners or those seeking different strategies to follow seasoned traders’ moves. Neither broker offers exchange traded securities on U.S. or international exchanges, nor do they offer the ability to purchase delivered cryptocurrencies. Still, they both cater to crypto enthusiasts by offering cryptocurrency derivatives.
When it comes to ratings, both Trade Nation and GBE brokers receive 3.5 stars out of five for their range of investments. In the rankings of 62 brokers assessed by ForexBrokers.com, Trade Nation is placed at position 38, slightly ahead of GBE brokers, which lands at number 44. This data highlights subtle distinctions where Trade Nation may appeal to traders interested in a wider variety of symbols, while GBE brokers might attract those prioritizing a diverse offering of forex pairs.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 500 |
| Forex Pairs (Total) | 46 | 71 |
| 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 GBE Brokers both offer powerful trading platforms with features that appeal to various trading needs. Both brokers provide free virtual demo accounts, which is an excellent way for newcomers to practice trading without financial risk. Trade Nation stands out with its proprietary platform that extends unique trading experiences, while GBE Brokers relies on popular third-party platforms. Both support Windows-based desktop platforms, but only Trade Nation lacks MetaTrader 5, sticking to MetaTrader 4. For web-based trading, both brokers ensure smooth access through any browser, and both captivate traders with their copy trading capabilities.
When comparing the tools offered for technical analysis, Trade Nation pulls ahead with 39 drawing tools, a notable difference from the 15 offered by GBE Brokers. However, GBE Brokers allows traders to execute trades directly from stock charts, a feature Trade Nation lacks. Watchlist customization may be more comprehensive with Trade Nation, which offers 14 columns for traders to tailor their view, compared to 7 from GBE Brokers. Despite these differences, both brokers have earned a solid 4-star rating for their trading platforms and tools, though Trade Nation is ranked slightly higher at #44 compared to GBE Brokers' #57 by ForexBrokers.com.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| 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 it comes to mobile trading apps, both Trade Nation and GBE brokers offer convenient options for traders using iPhones and Android devices. Crucial features such as receiving stock or forex price alerts are available on both platforms. Trade Nation, however, has an edge with its watchlist symbol syncing feature, allowing seamless updates between the app and the user's online account—a feature that GBE brokers lack. Additionally, Trade Nation provides an expansive range of 99 technical studies for charting, significantly more than the 30 studies offered by GBE brokers.
Both brokers enable drawing trendlines and viewing multiple time frames on charts, and they ensure that any chart annotations are automatically saved. Their apps also facilitate creating watchlists with real-time quotes. Despite both receiving a solid four-star rating for their mobile apps, Trade Nation ranks higher at 45th place compared to GBE brokers, which sits at 57th among 62 brokers according to ForexBrokers.com. This indicates a slightly better overall mobile trading experience with Trade Nation.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| 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 | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Trade Nation and GBE brokers both offer daily market commentary to keep traders informed on the latest market trends. However, when it comes to sourcing forex news, Trade Nation pulls ahead by providing updates from top-tier outlets like Bloomberg and Reuters, while GBE brokers do not. Both brokers are similar in that they lack technical analysis tools from companies like Autochartist and Trading Central. Nonetheless, each offers a sentiment-based trading tool, which helps traders understand market positions across various instruments.
Looking at research capabilities, Trade Nation edges out GBE brokers with its use of Acuity Trading's Signal Centre, a tool not available with GBE brokers. Moreover, while Trade Nation doesn't feature an economic calendar, GBE brokers do. When rated for research, Trade Nation scores 3.5 stars, surpassing GBE brokers' 3 stars, and is ranked #42 out of 62 brokers according to ForexBrokers.com. In contrast, GBE brokers are ranked at #61, reflecting a more limited research offering.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| 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 it comes to educational resources for beginners, Trade Nation stands out more prominently compared to GBE brokers. Trade Nation provides a rich array of over ten educational pieces focusing on forex and CFDs, alongside a collection of beginner educational videos tailored specifically for new traders. Additionally, Trade Nation offers a selection of advanced educational videos for more experienced traders and maintains a comprehensive investor dictionary with definitions for over fifty investing terms. While Trade Nation does not provide regular online webinars or a searchable archive of past webinars, its diverse and accessible educational content earns it a 3.5-star rating for education. Positioned at #41 out of 62 brokers in the Education category on ForexBrokers.com, Trade Nation delivers a notable educational experience for beginners.
In contrast, GBE brokers fall short in the same educational offerings. Despite not meeting the ten-article minimum in both forex or CFDs education and beginner educational videos, GBE brokers provide no webinars or archived material for client learning. They do not offer an investor dictionary, nor do they have any significant content dedicated to advanced trading topics. Consequently, GBE brokers receive a lower education rating of 3 stars and are ranked last at #62 out of 62 according to ForexBrokers.com. This comparison highlights Trade Nation as the more comprehensive choice for beginners seeking to enhance their trading knowledge and skills.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
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 GBE brokers. Trade Nation finished with an overall rank of #34, while GBE brokers finished with an overall rank of #56.
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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GBE brokers
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| Overall Rating |
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| Trust Score | 85 | 71 |
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Both Trade Nation and GBE Brokers provide the ability to buy cryptocurrency derivatives but do not offer the option to purchase actual delivered cryptocurrency.
When comparing Trade Nation and GBE brokers, GBE brokers stands out for offering more flexible deposit and withdrawal options, including ACH, SEPA, and PayPal, all of which are absent from Trade Nation; however, both brokers support Skrill, Visa, Mastercard, and bank wire 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 | GBE brokers | |
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| Trust Score | 85 | 71 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
| Broker Screenshots | Trade Nation | GBE brokers | |
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| Regulation | Trade Nation | GBE brokers | |
|---|---|---|---|
| Trust Score | 85 | 71 | |
| Year Founded | 2014 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | GBE brokers | |
|---|---|---|---|
| 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 | Yes |
| Tier-2 Licenses (Trusted) | Trade Nation | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 500 | |
| Forex Pairs (Total) | 46 | 71 | |
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $0 | $500 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Trade Nation | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Trade Nation | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | GBE brokers | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Trade Nation | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
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| Trust Score | 85 | 71 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
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