Written by ForexBrokers.com
In this head to head comparison of Markets.com vs Trade Nation, 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 the online brokers Markets.com and Trade Nation, their regulatory credentials reveal noteworthy distinctions. Markets.com, established in 1999, holds a higher Trust Score of 93 out of 99 according to ForexBrokers.com, placing it in the highly trusted category. This broker carries three Tier-1 licenses, known for their high-level trustworthiness, along with one Tier-2 license. In contrast, Trade Nation, founded in 2014, has a Trust Score of 85, categorized as trusted. Trade Nation holds two Tier-1 and one Tier-2 licenses. Notably, neither broker is publicly traded or operates as a bank.
The additional Tier-1 license of Markets.com gives it an edge in regulatory standing, potentially offering clients more confidence in security and reliability. Trade Nation still offers a trustworthy service as indicated by its respectable Trust Score and regulatory licenses. These details can assist traders in evaluating which broker might better align with their preferences for safety and trustworthiness when making trading decisions online.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| Year Founded | 1999 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing Markets.com and Trade Nation on commissions and fees, it's clear there are notable differences between the two brokers. Markets.com received 3.5 out of 5 stars for its commissions and fees, indicating some room for improvement. Specific average spread data for Markets.com is not available, which can make it challenging for potential investors to gauge cost expectations. However, ForexBrokers.com ranked Markets.com at #49 out of 62 brokers in the Commissions and Fees category, suggesting that it could benefit from offering more competitive pricing options.
In contrast, Trade Nation shines in the area of commissions and fees with a perfect 5-star rating. It offers two distinct pricing models: competitive fixed-spread pricing and variable-spread pricing. On its proprietary TN Trader platform, Trade Nation provides fixed spreads, making it easy for traders to see exactly what they'll pay without needing further calculations, except during a brief daily rollover period when spreads temporarily widen. The fixed spread for the popular EUR/USD pair is listed at 0.6 pips, although it may reach up to 1.4 pips during the rollover period. This means the average spread hovers around 1 pip, which is still highly competitive.
The flexibility in pricing extends to Trade Nation's account types. With three main options, traders can choose based on their preferences for standard or commission-based accounts. Notably, Trade Nation's TN Trader account offers the lowest spreads among its options when considering the all-in costs. This flexibility and transparency helped Trade Nation secure a ranking of #7 out of 62 brokers for the Commissions and Fees category on ForexBrokers.com. Overall, Trade Nation offers significant advantages over Markets.com in providing cost-effective trading solutions.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | N/A | 0.6 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Active Trader or VIP Discounts | Yes | 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 Markets.com to Trade Nation, both platforms offer investors the ability to trade forex as CFDs, providing flexibility in currency pair trading. Markets.com stands out with a wide array of 2,179 tradeable symbols compared to Trade Nation’s 1,000, reflecting a broader range of investment choices. For forex enthusiasts, Markets.com offers 57 tradeable pairs, slightly surpassing Trade Nation’s offering of 46 pairs. However, neither broker provides the option to purchase exchange-traded securities on U.S. or international exchanges, which may limit options for investors interested in owning actual stock shares.
Both Markets.com and Trade Nation allow for copy trading, catering to traders looking to mirror experienced investors, and they offer cryptocurrency derivatives rather than actual cryptocurrency. Despite these similarities, Markets.com is favored for its investment range with a 4-star rating, placing it 29th out of 62 brokers in this category, while Trade Nation secures a 3.5-star rating and ranks 38th. This suggests that Markets.com may offer a slightly more comprehensive range of investment opportunities than Trade Nation.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 1000 |
| Forex Pairs (Total) | 57 | 46 |
| 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 trading platforms and tools, both Markets.com and Trade Nation offer appealing features for online trading enthusiasts. They both provide simulated trading through free virtual demo accounts and have developed proprietary platforms, ensuring a tailored experience for users. Additionally, each broker supports a Windows-based desktop trading platform, as well as web-based alternatives, allowing flexibility for traders who prefer different modes of access. For automated trading strategies, both Markets.com and Trade Nation offer MetaTrader 4, with Markets.com also offering MetaTrader 5 for additional capabilities. Unfortunately, neither broker supports DupliTrade or ZuluTrade for copy trading, but they do facilitate this directly through their own platforms, addressing a broad range of trading strategies.
In terms of charting tools, Trade Nation provides a more extensive selection with 39 drawing tools compared to Markets.com's 4. Despite this, both brokers offer a 4-star rating for their trading platforms and tools. While Trade Nation offers a more comprehensive watchlist feature with 14 columns compared to Markets.com's 6, it's important to note that neither broker allows trading directly from stock charts. According to ForexBrokers.com, Markets.com holds a higher ranking (26th) in the trading platforms and tools category compared to Trade Nation (45th) out of 62 brokers, highlighting its slightly more favorable standing among users. Overall, both brokers serve their target audiences with distinct offerings and maintain a competitive edge in the online trading market.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| 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) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 89 | 99 |
| Charting - Drawing Tools (Total) | 4 | 39 |
| Charting - Trade From Chart | No | No |
| Watchlists - Total Fields | 6 | 14 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both Markets.com and Trade Nation provide solid options for traders on the go. Each platform offers iPhone and Android apps, allowing users to access trading opportunities right from their smartphones. Both apps deliver stock and forex price alerts to keep traders informed of market changes. Users can also sync their watchlists between mobile and online accounts, ensuring their trading preferences and changes are up-to-date across platforms. While Markets.com and Trade Nation both enable users to draw trendlines on charts and create watchlists with real-time quotes, Trade Nation stands out with 99 technical studies available for chart analysis, compared to Markets.com's limited options through its integration with MT4 only. Additionally, Trade Nation provides more flexibility with multiple time frame views and auto-saves drawings on charts, features that are absent in the Markets.com app.
Despite these differences, both apps are similarly well-regarded, each earning a four-star rating for user experience in mobile trading. However, ForexBrokers.com ranks Markets.com slightly higher at 33rd out of 62 brokers, while Trade Nation comes in at 45th. This suggests Markets.com might offer a marginally superior mobile trading experience, albeit with some limitations in charting capabilities compared to Trade Nation. Ultimately, both apps can serve traders well, but the choice might hinge on whether users prioritize advanced charting features or a higher overall ranking.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 99 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings from Markets.com and Trade Nation, Markets.com stands out for its daily market commentary and availability of an economic calendar that highlights global news events. While both brokers provide forex news from well-known sources like Bloomberg and Reuters, Markets.com's sentiment-based trading tool further enhances its research capabilities by giving insights into market positions. However, neither broker supports research tools from Autochartist or Trading Central, and only Trade Nation provides research tools from Acuity Trading, such as Signal Centre.
In terms of overall ratings, Markets.com earns a slightly higher score of 4 out of 5 stars for research compared to Trade Nation's 3.5 stars. Rankings on ForexBrokers.com further emphasize this distinction, with Markets.com positioned at #17 and Trade Nation at #42 out of 62 brokers in the Research category. Whether you're an active trader or just starting out, these differences may help guide your choice between the two platforms.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners between Markets.com and Trade Nation, there are some notable differences. Markets.com offers a range of online educational client webinars every month, catering to those who prefer live learning sessions. However, they lack a plethora of forex or CFDs educational materials, such as articles and archived webinars, as they do not meet the minimum of ten required educational pieces. On the other hand, Trade Nation excels in this area by providing a rich assortment of forex and CFDs educational content, ensuring there is ample material for beginners to explore, while they do not hold regular webinars.
Markets.com is strong in offering both beginner and advanced educational videos, with at least ten focusing on each level, whereas Trade Nation offers a similar number of beginner videos but falls behind in advanced content. Neither platform provides a searchable archive of webinars or an investor dictionary with definitions for investing terms. Overall, Markets.com is rated slightly higher for education with 4 stars and ranks #34 out of 62 brokers on ForexBrokers.com, compared to Trade Nation's 3.5-star rating and #42 rank. This positions Markets.com as a slightly more favored option for those seeking an educational edge in trading, especially if live webinars are a priority.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | 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 Markets.com is better than Trade Nation. Markets.com finished with an overall rank of #23, while Trade Nation finished with an overall rank of #34.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
|
Trade Nation
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 85 |
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While both Markets.com and Trade Nation do not offer the ability to buy actual delivered cryptocurrencies, they each facilitate the trading of cryptocurrency derivatives, enabling investors to engage in the crypto market without owning the actual digital assets.
Both Markets.com and Trade Nation do not offer ACH, SEPA, or PayPal for deposits and withdrawals, but both support Skrill, Visa, Mastercard, and bank wire transfers for managing account funds.
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 | Markets.com | Trade Nation | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
| Broker Screenshots | Markets.com | Trade Nation | |
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| Regulation | Markets.com | Trade Nation | |
|---|---|---|---|
| Trust Score | 93 | 85 | |
| Year Founded | 1999 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | Trade Nation | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| 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) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Markets.com | Trade Nation | |
|---|---|---|---|
| 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 | Markets.com | Trade Nation | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 1000 | |
| Forex Pairs (Total) | 57 | 46 | |
| 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 | Markets.com | Trade Nation | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.6 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | Trade Nation | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| 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 | Markets.com | Trade Nation | |
|---|---|---|---|
| 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) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Markets.com | Trade Nation | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 14 | |
| Charting - Indicators / Studies (Total) | 89 | 99 | |
| Charting - Drawing Tools (Total) | 4 | 39 | |
| Charting - Trade From Chart | No | No | |
| Charts can be saved | Yes | No |
| Mobile Trading | Markets.com | Trade Nation | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 99 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | No |
| Research | Markets.com | Trade Nation | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | No |
| Education | Markets.com | Trade Nation | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Markets.com | Trade Nation | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Trade Nation Review |
| Overall | Markets.com | Trade Nation | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
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