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.
Both Trade Nation and RoboForex stand out by offering virtual demo accounts, letting users simulate trades without risk. While both brokers provide Windows-based desktop and web-based platforms, only Trade Nation features a proprietary platform developed in-house, giving it a unique touch. However, RoboForex gains an edge with its support for MetaTrader 5 (MT5), offering users up-to-date trading features, whereas Trade Nation remains with MetaTrader 4 (MT4) support only.
In terms of charting tools, Trade Nation provides an extensive selection with 39 drawing tools, compared to RoboForex's 15. Despite this, RoboForex allows users to trade directly from stock charts, a convenience not offered by Trade Nation. When it comes to organizing watch lists, Trade Nation provides 14 columns as opposed to RoboForex's seven. Both brokers support copy trading but do not integrate with platforms like DupliTrade or ZuluTrade. With both earning four-star ratings for their trading platforms and tools, RoboForex narrowly leads with a rank of 43 out of 62 brokers, just ahead of Trade Nation's rank of 45.
| 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) | 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 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.
Trade Nation and RoboForex both display distinct features when it comes to market research for traders. If you're seeking daily market commentary, RoboForex has you covered, unlike Trade Nation. Both brokers provide forex news from reputable sources like Bloomberg and Reuters, ensuring you stay informed with high-quality insights. While neither offers tools from Autochartist, RoboForex benefits from the technical analysis resources provided by Trading Central, unlike Trade Nation. A unique feature of Trade Nation is its sentiment-based trading tool, which gives traders an idea of market positions in currency pairs; however, this tool is not available with RoboForex.
Regarding other research tools, both Trade Nation and RoboForex offer services from Acuity Trading, such as the Signal Centre. However, only RoboForex provides an economic calendar to keep users informed about global news events, aiding in future strategy planning. Both brokers receive a research rating of 3.5 stars from ForexBrokers.com, although RoboForex ranks slightly higher at #37 compared to Trade Nation's #42 in their evaluation of 62 brokers. Overall, your choice between the two may hinge on the specific tools and updates you value for your trading activities.
| Feature |
Trade Nation
|
RoboForex
|
|---|---|---|
| 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 | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | Yes |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners, Trade Nation and RoboForex offer varied levels of support. Trade Nation provides a comprehensive range of educational materials with a focus on forex and CFDs. With a selection of over ten educational pieces, including articles and videos geared toward beginners, Trade Nation ensures novice traders have access to valuable learning resources. Additionally, they offer ten beginner trading videos that specifically cater to new traders seeking foundational knowledge. However, Trade Nation does not provide client webinars or an archive of recorded sessions, which might limit interactive learning opportunities.
In contrast, RoboForex falls short in educational content specifically tailored for beginners. While they offer a range of services, their educational content does not meet the threshold of providing a minimum of ten forex or CFDs educational pieces. Furthermore, RoboForex does not host monthly webinars or maintain an archive of previously recorded sessions. Due to these limitations, beginners might find RoboForex less appealing for educational purposes. Both Trade Nation and RoboForex are rated at 3.5 stars for education, yet Trade Nation is ranked higher at #42 compared to RoboForex's #56 in the education category by ForexBrokers.com. This suggests a slight edge for Trade Nation in terms of educational offerings for novice 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 | 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 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
|
RoboForex
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 85 | 73 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Trade Nation | RoboForex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 73 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | RoboForex Review |
| Broker Screenshots | Trade Nation | RoboForex | |
|---|---|---|---|
| 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 | 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) | 99 | 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 | 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 | 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 | No | No | |
| Investor Dictionary (Glossary) | No | 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 73 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | RoboForex Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill