Written by ForexBrokers.com
In this head to head comparison of Tickmill 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.
Tickmill and Trade Nation, both founded in 2014, are reputable online brokers in the trading landscape. Neither is publicly traded nor operates as a bank. When it comes to regulatory credentials, both brokers boast two Tier-1 licenses, recognized as highly trusted by ForexBrokers.com. However, Tickmill edges out slightly by holding two Tier-2 licenses compared to Trade Nation's one Tier-2 license. This is reflected in their Trust Scores, with Tickmill earning a score of 86 and Trade Nation close behind at 85, indicating that both brokers are considered trustworthy, though Tickmill has a slight advantage.
| Feature |
Tickmill
|
Trade Nation
|
|---|---|---|
| Year Founded | 2014 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When considering commissions and fees, Tickmill and Trade Nation both offer compelling options for traders. Tickmill provides two main account types: Classic and Raw. The Classic account is commission-free, where traders only pay through the bid/ask spread, which averages 1.76 pips. On the other hand, the Raw account, which replaced the Pro account, carries a new commission of $3 per side, equivalent to $6 per standard lot. This account boasts lower typical spreads of 0.11 pips for EUR/USD, resulting in an all-in cost of 0.71 pips after the commission. Despite the commission increase, Tickmill remains a top choice for traders, ranking #4 out of 62 brokers for its low costs and 5-star rating for commissions and fees.
Trade Nation offers fixed-spread pricing across all tradable symbols on its proprietary platform and variable spread pricing on MetaTrader. The fixed spread for EUR/USD is listed at 0.6 pips, though it can widen to about 1.4 pips during the daily rollover period, making the true average closer to 1 pip. Trade Nation provides three primary account types, including a commission-based Raw Spread account on MetaTrader with a $3.50 fee per side and a commission-free account. The TN Trader account on its proprietary platform offers the lowest spreads when accounting for all-in costs. Trade Nation is well-regarded for its fixed pricing structure, earning a 5-star rating and ranking #7 among 62 brokers in the Commissions and Fees category.
| Feature |
Tickmill
|
Trade Nation
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 0.51 | 0.6 |
| All-in Cost EUR/USD - Active | 0.31 | 0.6 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | 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 the range of investments offered by online brokers Tickmill and Trade Nation, both provide options for forex trading as CFDs or spot contracts. Tickmill offers 725 tradeable symbols, including 63 forex pairs, while Trade Nation boasts a slightly larger selection with 1000 tradeable symbols, though it lists fewer forex pairs at 46. Neither Tickmill nor Trade Nation provides the option to buy exchange-traded securities on U.S. or international exchanges. However, both platforms do support copy trading and offer the ability to invest in cryptocurrency derivatives, though they do not allow the purchase of actual, delivered cryptocurrencies.
In terms of ratings, both brokers have received 3.5 stars for their range of investments. According to ForexBrokers.com, Tickmill ranks #42 out of 62 brokers in this category, while Trade Nation fares slightly better at #38. Although they share similar ratings and features like copy trading and cryptocurrency derivatives, Trade Nation offers a wider variety of tradeable symbols, providing more options for traders looking to diversify their portfolios.
| Feature |
Tickmill
|
Trade Nation
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 725 | 1000 |
| Forex Pairs (Total) | 63 | 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 the trading platforms and tools offered by Tickmill and Trade Nation, both brokers provide access to the popular MetaTrader 4 (MT4) platform and desktop download options for Windows. However, Tickmill extends its offerings by including MetaTrader 5 (MT5), while Trade Nation does not. Additionally, Trade Nation differentiates itself by offering a proprietary platform developed in-house. On the other hand, Tickmill provides a web-based trading platform along with the ability for traders to execute trades directly from stock charts, a feature not available with Trade Nation. Importantly, both brokers offer simulated trading through free virtual demo accounts and support copy trading features, allowing users to emulate successful traders.
Tickmill and Trade Nation both receive a four-star rating for their trading platforms and tools, though they differ in their overall rankings. According to ForexBrokers.com, Tickmill is ranked 32nd, while Trade Nation is ranked 45th among 62 brokers. In terms of charting tools, Trade Nation provides a more extensive range with 39 drawing tools compared to Tickmill's 15. However, Tickmill's interface supports more comprehensive trading directly from charts. Trade Nation offers a more detailed watch list with 14 columns versus Tickmill’s seven. These differences cater to traders with varying needs, allowing users to choose based on personal preferences for trading practices and platforms.
| Feature |
Tickmill
|
Trade Nation
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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) | 30 | 99 |
| Charting - Drawing Tools (Total) | 15 | 39 |
| Charting - Trade From Chart | Yes | No |
| Watchlists - Total Fields | 7 | 14 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Tickmill and Trade Nation, both brokers offer comprehensive features for iPhone and Android users. They provide stock and forex price alerts, drawing tools for trendlines, and the ability to view multiple time frames on charts. Real-time quote watchlists are also available, enhancing your ability to stay updated on market movements. However, only Trade Nation syncs watchlist symbols between the mobile app and online account, allowing for seamless integration across platforms.
Tickmill's mobile app includes 30 technical studies for charting, whereas Trade Nation provides an extensive selection with 99 studies. Both platforms have automatic chart drawing saves, ensuring your technical analyses remain intact. According to ForexBrokers.com, both apps are highly rated at four stars for mobile trading. Yet, Tickmill ranks higher at #31 out of 62 brokers in the Mobile Trading Apps category, while Trade Nation stands at #45, offering users different strengths depending on individual trading priorities.
| Feature |
Tickmill
|
Trade Nation
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 99 |
| 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 tools offered by Tickmill and Trade Nation, Tickmill stands out with its daily market commentary, a feature that Trade Nation does not provide. Both brokers offer forex news from top-tier sources like Bloomberg and Reuters, ensuring you have access to the latest updates. Neither Tickmill nor Trade Nation provide tools from Autochartist or Trading Central, yet both offer sentiment-based trading tools that illustrate long and short position ratios for various currency pairs.
Tickmill excels with additional resources, as it includes research tools from Acuity Trading and provides an economic calendar to track global economic events, a feature missing from Trade Nation's offerings. These advantages contribute to Tickmill's higher research rating of 4 stars, compared to Trade Nation's 3.5 stars. Moreover, Tickmill's rank of #21 in the research category by ForexBrokers.com outshines Trade Nation's rank of #42, making Tickmill a more favored choice for thorough market insights.
| Feature |
Tickmill
|
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) | Yes | Yes |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners at Tickmill and Trade Nation, there are several key differences that come to light. Tickmill provides a comprehensive suite of educational tools, including over ten educational pieces such as articles, videos, and archived webinars focusing on forex and CFDs. They also host monthly online webinars, offering a platform for interactive learning, alongside a searchable archive for past webinar content. Additionally, Tickmill caters to both beginners and experienced traders with at least ten dedicated educational videos for each group. To further support novice traders, Tickmill includes an investor dictionary with definitions for over 50 investing terms.
Trade Nation also offers more than ten educational pieces aimed at helping beginners understand forex and CFDs, complemented by a selection of beginner-focused videos. However, Trade Nation does not provide regular webinars or a searchable archive of these sessions. Their educational content is primarily tailored to beginners rather than advanced traders. While useful, Trade Nation's resources do not include an extensive investor dictionary. In overall educational support, Tickmill scores higher, earning a four-star rating and ranking #15 out of 62 brokers on ForexBrokers.com, whereas Trade Nation holds a 3.5-star rating at #42.
| Feature |
Tickmill
|
Trade Nation
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| 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 Tickmill is better than Trade Nation. Tickmill finished with an overall rank of #22, while Trade Nation finished with an overall rank of #34.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
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Trade Nation
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 85 |
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Both Tickmill and Trade Nation do not provide the option to purchase actual delivered cryptocurrency, but they each offer the ability to buy cryptocurrency derivatives instead.
In comparing online brokers Tickmill and Trade Nation regarding their funding and withdrawal options, neither offers ACH or SEPA transfers, while Tickmill supports PayPal unlike Trade Nation; both brokers accept Skrill, Visa, Mastercard, and bank wire transfers.
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 | Tickmill | Trade Nation | |
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| Trust Score | 86 | 85 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Trade Nation Review |
| Broker Screenshots | Tickmill | Trade Nation | |
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| Regulation | Tickmill | Trade Nation | |
|---|---|---|---|
| Trust Score | 86 | 85 | |
| Year Founded | 2014 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | Trade Nation | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | Yes | 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) | Tickmill | Trade Nation | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Tickmill | Trade Nation | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 725 | 1000 | |
| Forex Pairs (Total) | 63 | 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 | Tickmill | Trade Nation | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.51 | 0.6 | |
| All-in Cost EUR/USD - Active | 0.31 | 0.6 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | Trade Nation | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | Tickmill | Trade Nation | |
|---|---|---|---|
| Proprietary Platform | No | 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 | Tickmill | Trade Nation | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 14 | |
| Charting - Indicators / Studies (Total) | 30 | 99 | |
| Charting - Drawing Tools (Total) | 15 | 39 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | No |
| Mobile Trading | Tickmill | Trade Nation | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 99 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | Tickmill | 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 | Tickmill | Trade Nation | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Tickmill | Trade Nation | |
|---|---|---|---|
| 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 | Tickmill Review | Trade Nation Review |
| Overall | Tickmill | Trade Nation | |
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| Trust Score | 86 | 85 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Trade Nation Review |
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