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 |
When comparing the commissions and fees of online brokers Trade Nation and GBE Brokers, Trade Nation stands out with its unique pricing model. It offers fixed-spread pricing on its proprietary platform, meaning the spread remains constant as prices fluctuate, simplifying cost predictions for traders. For the EUR/USD pair, Trade Nation sets a fixed spread of 0.6 pips. However, during its daily rollover period, spreads can briefly widen up to 1.4 pips. Trade Nation also provides a commission-based Raw Spread account at $7 per round-trip per standard lot on its MetaTrader platform, alongside a commission-free option. Its proprietary TN Trader platform generally offers lower spreads compared to its MetaTrader options.
On the other hand, GBE Brokers does not offer average spread data, making a detailed comparison between these two brokers challenging. Despite this, in terms of commissions and fees, Trade Nation is rated 5 out of 5 stars for its transparent pricing and ranked #7 out of 62 brokers by ForexBrokers.com. In contrast, GBE Brokers earns a 4-star rating and ranks #36 in the same category, indicating a less favorable fee structure compared to Trade Nation.
Overall, Trade Nation's fixed spreads and variety in account options provide users with clear expectations regarding trading costs, positioning itself as a competitive choice in the market. Meanwhile, GBE Brokers offers less fee transparency, resulting in a lower star rating and ranking in comparison to Trade Nation.
| 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 a robust online trading experience with simulated trading options through free virtual demo accounts. Trade Nation stands out with its proprietary platform developed in-house, although both brokers provide widely-used MetaTrader 4 (MT4) options and feature Windows-based and web-based platforms for accessibility. While Trade Nation does not support MetaTrader 5 (MT5), GBE brokers offer this advanced platform, appealing to traders who prefer an updated trading environment. Both brokers provide copy trading features, allowing users to mirror the trades of experienced investors, but do not support third-party signals such as DupliTrade or ZuluTrade.
When it comes to charting and customization, Trade Nation offers more drawing tools, with 39 options compared to GBE brokers’ 15, though it does not support trading directly from stock charts—a feature available with GBE brokers. In terms of watch list organization, Trade Nation surpasses GBE brokers with 14 columns against 7 for better market tracking. Despite these differences, both are rated 4 stars for their trading tools and platforms. However, Trade Nation ranks 45th among 62 brokers for trading platforms and tools, showing a somewhat better standing compared to GBE brokers, which ranks 57th in the same category.
| 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) | 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 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.
When comparing the market research features offered by Trade Nation and GBE brokers, there are several differences that potential traders may want to consider. Trade Nation stands out by providing forex news sourced from top-tier entities like Bloomberg and Reuters, giving traders access to valuable insights. Although GBE brokers offer daily market commentary and an economic calendar to keep their clients updated on global events, they fall short on providing news from leading sources. Furthermore, both platforms offer sentiment-based trading tools that reveal ratios of long and short positions, helping traders gauge market mood.
In terms of additional research tools, Trade Nation offers resources from Acuity Trading, such as the Signal Centre, enhancing their market research appeal. However, neither broker provides technical or fundamental analysis tools from notable companies like Autochartist or Trading Central. Despite these differences, Trade Nation achieves a slightly higher research rating of 3.5 out of 5 stars, ranked #42 among 62 brokers, while GBE brokers earn 3 stars and a #61 ranking. This contrast highlights Trade Nation's edge in delivering a more comprehensive research experience for its users.
| Feature |
Trade Nation
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary | No | 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.
Trade Nation distinguishes itself from GBE brokers by offering a wider array of educational resources for beginners interested in trading forex and CFDs. With at least 10 educational pieces, including articles and videos focused on these subjects, Trade Nation provides beginners substantial material to build their foundational knowledge. Additionally, Trade Nation offers more than 10 beginner-specific educational videos, making it more suitable for newcomers looking to grasp the basics of trading. In comparison, GBE brokers fall short in these areas, providing fewer resources aimed at beginner traders.
Neither Trade Nation nor GBE brokers offer online client webinars or archives of previous webinars, leaving a gap in real-time interactive learning opportunities. Both brokers also lack an investor dictionary or advanced trading videos for experienced traders. Reflecting these differences, Trade Nation receives a slightly higher education rating of 3.5 stars, compared to GBE brokers' 3 stars. When ranked among 62 brokers by ForexBrokers.com in the education category, Trade Nation is positioned at #42, significantly ahead of GBE brokers, which ranks at #62. This suggests that Trade Nation offers a somewhat more comprehensive educational experience for beginners in trading education.
| 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 | No | No |
| Investor Dictionary (Glossary) | No | 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) | 99 | 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 | No | 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 | No | No | |
| Investor Dictionary (Glossary) | No | 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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