Written by ForexBrokers.com
In this head to head comparison of Trade Nation vs RoboForex, 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, having been established in 2014, boasts a solid trust score of 85 out of 99 from ForexBrokers.com, categorizing it as a trusted online broker. It holds two Tier-1 licenses and one Tier-2 license, enhancing its credibility in the industry. Despite not being publicly traded or operating as a bank, Trade Nation remains a reliable choice for traders seeking a regulated environment.
Founded earlier in 2009, RoboForex holds a trust score of 73, placing it in the average risk category according to ForexBrokers.com. It possesses one Tier-1 license but lacks any Tier-2 licenses. Like Trade Nation, RoboForex is not listed on any stock exchange and is not a banking institution. Both brokers offer their clients a controlled trading experience, but Trade Nation stands out with a higher trust score and more regulatory licenses.
| Feature |
Trade Nation
|
RoboForex
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| 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 | 2 |
Trade Nation and RoboForex offer contrasting approaches to commissions and fees. Trade Nation stands out with its competitive fixed-spread pricing model available across all tradable instruments on its proprietary TN Trader platform and a more traditional variable-spread pricing on the MetaTrader platform. The fixed spreads for EUR/USD are set at 0.6 pips, although during the daily rollover period, they may widen to around 1.4 pips, averaging close to 1 pip overall. Trade Nation provides three main account types: two based on MetaTrader, including a commission-based Raw Spread account charging $7 per round-trip per standard lot, and a proprietary TN Trader account that often features lower spreads. Due to its stable pricing model, Trade Nation receives high marks, boasting a 5-star rating and ranking 7th out of 62 brokers in the Commissions and Fees category according to ForexBrokers.com.
In contrast, RoboForex primarily offers variable spreads, which average 1.3 pips for the EUR/USD pair on both Procent and Pro accounts. This is relatively higher when compared to Trade Nation's offerings. While the broker provides various account types tailored to different trading levels, its pricing structure lacks the certainty of fixed spreads, which may be a consideration for traders focused on minimizing transaction costs. Consequently, RoboForex holds a 3.5-star rating and is placed 54th out of the same 62 brokers for commissions and fees, suggesting room for improvement in its pricing transparency and value proposition.
| Feature |
Trade Nation
|
RoboForex
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 0.6 | 1.3 |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| 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 the range of investments between Trade Nation and RoboForex, there are key differences to consider. Trade Nation provides access to forex trading via Contracts for Difference (CFDs) with 46 tradeable forex pairs and offers a variety of cryptocurrency derivatives. In total, Trade Nation has around 1,000 tradeable symbols available, but it does not support trading in exchange-traded securities, either in the U.S. or internationally. While Trade Nation scores 3.5 stars for its investment range and ranks at number 38 among 62 brokers, it does provide some flexibility with the option for copy trading.
On the other hand, RoboForex offers a more extensive range of investments, including 8,400 tradeable symbols, which is significantly greater than Trade Nation's offering. While it also offers forex trading via CFDs, RoboForex has fewer forex pairs available with 28 options. Like Trade Nation, it does not provide the ability to trade actual exchange-traded securities or purchase actual cryptocurrency, focusing instead on derivatives. RoboForex supports copy trading as well and boasts a higher rating of 4.5 stars for its investment range. It ranks better at number 20 in the ForexBrokers.com listings, making it a strong contender for those seeking a wider selection of investment opportunities.
| Feature |
Trade Nation
|
RoboForex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 8400 |
| Forex Pairs (Total) | 46 | 28 |
| 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 Trade Nation and RoboForex for trading platforms and tools, both brokers provide users with the option to explore trading through free virtual demo accounts. Trade Nation stands out with its in-house proprietary platform alongside a Windows-based desktop download and a web-based trading interface. While both brokers support the popular MetaTrader 4 (MT4), RoboForex extends its platform offerings with MetaTrader 5 (MT5), which Trade Nation does not. Though neither platform supports DupliTrade or ZuluTrade, both brokers provide copy trading services.
For charting tools, Trade Nation offers 39 drawing tools, significantly more than RoboForex's 15, although RoboForex allows trading directly from stock charts, a feature absent in Trade Nation. Additionally, Trade Nation provides a more extensive watch list customization with 14 fields compared to RoboForex's seven. Both brokers are equally rated at four stars for trading platforms and tools, yet RoboForex is marginally better ranked at #43, just ahead of Trade Nation, which is rated #44 out of 62 brokers by ForexBrokers.com.
| Feature |
Trade Nation
|
RoboForex
|
|---|---|---|
| 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 comparing the mobile trading apps of Trade Nation and RoboForex, both platforms offer apps for iPhone and Android users. They provide essential features such as price alerts and the ability to draw trendlines on charts. With both apps, traders can view multiple time frames on stock and forex charts and enjoy the convenience of auto-saving chart drawings. Additionally, each app allows users to create watchlists with real-time quotes, ensuring that traders stay up-to-date with market movements.
However, there are distinct differences between the two. Trade Nation stands out by offering watchlist symbol syncing, which keeps your watchlist consistent across the mobile app and online account—a feature RoboForex lacks. In terms of charting capabilities, Trade Nation provides 99 technical studies, compared to RoboForex's 30. Both apps are highly rated, earning 4 out of 5 stars for mobile trading. Although RoboForex ranks slightly higher at 43rd compared to Trade Nation's 45th position in the ForexBrokers.com rankings for mobile trading apps, each brings unique benefits to its users.
| Feature |
Trade Nation
|
RoboForex
|
|---|---|---|
| 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.
Both Trade Nation and RoboForex provide daily market commentary and forex news from renowned sources like Bloomberg, Reuters, and Dow Jones, which can be invaluable for traders looking to stay updated with global events. However, a deeper dive into their offerings reveals some differences. RoboForex distinguishes itself with technical analysis tools from Trading Central, an advantage for traders who prioritize data-driven insights. On the other hand, Trade Nation offers a unique sentiment-based trading tool that displays a ratio of long or short positions across currency pairs, providing a different perspective on market trends.
When it comes to additional research tools and resources, both brokers include services from Acuity Trading, enhancing traders' capabilities with features like the Signal Centre. RoboForex further expands its toolkit with an economic calendar, helping traders anticipate global news events. Despite these varying offerings, both brokers share a research rating of 3.5 stars. In a ranking of 62 brokers on ForexBrokers.com, RoboForex holds a slightly better position at #37, compared to Trade Nation's #42, underscoring their diverse strengths in market research provisions.
| Feature |
Trade Nation
|
RoboForex
|
|---|---|---|
| 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 | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | Yes |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking to dive into the world of online trading, Trade Nation and RoboForex each offer unique educational resources. When it comes to materials dedicated to forex and CFDs education, Trade Nation stands out with more than 10 pieces that cater specifically to these topics, making it an appealing choice for those new to trading. In contrast, RoboForex falls short in this area, providing fewer resources. Additionally, Trade Nation presents an array of beginner-focused educational videos, ensuring that newcomers can easily grasp essential trading concepts. Unfortunately, neither broker offers frequent educational webinars or a comprehensive searchable archive of past sessions.
Expanding its educational reach, Trade Nation supports advanced traders as well, offering over 10 in-depth videos covering complex topics. An investor dictionary with over 50 definitions further enriches the learner experience, helping traders understand financial terminology better. RoboForex, however, does not provide these advanced resources or a detailed investor dictionary. Despite their shared 3.5-star rating in education, Trade Nation is ranked higher, coming in at #41 out of 62 brokers, while RoboForex sits at #56. This makes Trade Nation a more educationally equipped platform for both beginners and seasoned traders.
| Feature |
Trade Nation
|
RoboForex
|
|---|---|---|
| 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 RoboForex. Trade Nation finished with an overall rank of #34, while RoboForex finished with an overall rank of #46.
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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RoboForex
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|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 73 |
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Both Trade Nation and RoboForex do not offer the ability to buy actual delivered cryptocurrency, but they do provide the option to trade cryptocurrency derivatives.
Trade Nation and RoboForex both allow deposits and withdrawals via Skrill, Visa/Mastercard, and bank wires, but only RoboForex supports ACH/SEPA transfers and PayPal, giving it an edge in payment flexibility over Trade Nation.
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 | RoboForex | |
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| Trust Score | 85 | 73 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | RoboForex Review |
| Broker Screenshots | Trade Nation | RoboForex | |
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| Regulation | Trade Nation | RoboForex | |
|---|---|---|---|
| Trust Score | 85 | 73 | |
| Year Founded | 2014 | 2009 | |
| 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 | 2 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 8400 | |
| Forex Pairs (Total) | 46 | 28 | |
| 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 | RoboForex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.6 | 1.3 | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | RoboForex | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| 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 | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| 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 | No | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | RoboForex | |
|---|---|---|---|
| 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 | RoboForex | |
|---|---|---|---|
| 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 | RoboForex Review |
| Overall | Trade Nation | RoboForex | |
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| Trust Score | 85 | 73 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | RoboForex Review |
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