Written by ForexBrokers.com
In this head to head comparison of XTB 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 online brokers XTB and Trade Nation, both companies hold two Tier-1 financial licenses, ensuring a high level of trust and safety for your investments. Founded in 2002, XTB boasts a proven track record with a strong ForexBrokers.com Trust Score rating of 96 out of 99. This underscores its reputation as a highly trusted trading platform. As a publicly traded entity, XTB offers an additional layer of transparency and credibility, further enhancing its appeal.
Trade Nation, established in 2014, holds a respectable ForexBrokers.com Trust Score rating of 85, which classifies it as trusted. Like XTB, it also holds two Tier-1 licenses, providing assurance of regulatory oversight. However, Trade Nation is not publicly traded, marking a point of distinction. Both firms have established themselves as reliable financial partners, abiding by stringent regulatory standards to safeguard your investments. However, due to its higher trust score and stock exchange listing, XTB may appeal more to those prioritizing longevity and transparency in their trading platform.
| Feature |
XTB
|
Trade Nation
|
|---|---|---|
| Year Founded | 2002 | 2014 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When comparing the commissions and fees of XTB and Trade Nation, both brokers have distinctive offerings to cater to various trading needs. XTB provides two account types: a spread-only Standard account and a commission-based Professional account, although the latter is limited to clients classified as professionals in certain regions. XTB's average forex spreads for the EUR/USD pair are around 1 pip. The Standard account seems more economical for smaller trades, with a minimum deposit of 250 base currency units. Meanwhile, Trade Nation stands out with fixed-spread pricing, offering a consistent spread of 0.6 pips for the EUR/USD pair, although it can fluctuate to 1.4 pips during the daily rollover period. Trade Nation offers three account types, with the TN Trader account being the most competitive in terms of spreads.
Active traders might find XTB's rebate program attractive, offering between 5% to 30% cashback on spreads when achieving certain trading volumes. However, active trader discounts are primarily aimed at EU clients who meet the professional criteria. Trade Nation’s strength lies in its fixed-spread model, providing predictability in pricing which can be beneficial for budgeting trading costs. For Trade Nation, fixed spreads mean traders know their costs upfront, whereas with XTB, discounts depend on trading volume meeting certain thresholds.
In terms of overall rankings and ratings in the commissions and fees category, ForexBrokers.com rates XTB with 4.5 stars, placing it at #11 out of 62 brokers. In contrast, Trade Nation earns a higher score with 5 stars, ranking it at #7. This makes Trade Nation a strong contender for those who prioritize low trading costs and the reliability of fixed spreads, while XTB remains a solid choice with its active trader incentives and versatile account options.
| Feature |
XTB
|
Trade Nation
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average Spread EUR/USD - Standard | 1.00 | 0.6 |
| All-in Cost EUR/USD - Active | 1.00 | 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.
XTB and Trade Nation both provide forex trading options as CFDs or spot contracts, catering to those who wish to trade in the forex market. XTB offers an impressive 7,184 tradeable symbols, including 71 forex pairs, compared to Trade Nation's more modest 1,000 symbols and 46 forex pairs. This broader selection gives XTB a significant edge for traders who require access to a wide array of investment opportunities.
In terms of exchange-traded securities, XTB allows clients to purchase shares on U.S. and international exchanges, a feature not available with Trade Nation. While neither broker permits the buying of actual cryptocurrencies, both offer cryptocurrency derivatives for those interested in this market. Trade Nation, however, does present copy trading, a feature not provided by XTB. Despite these differences, XTB is rated higher with 5 stars for its range of investments, ranking 14th out of 62 brokers on ForexBrokers.com, whereas Trade Nation holds a rating of 3.5 stars and ranks 38th.
| Feature |
XTB
|
Trade Nation
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 1000 |
| Forex Pairs (Total) | 71 | 46 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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 it comes to trading platforms and tools, both XTB and Trade Nation offer a range of options to suit different trading styles. XTB provides its users with a proprietary trading platform developed in-house and supports trading on Windows-based desktop applications as well as web-based browser platforms. Similarly, Trade Nation offers its own proprietary platform and supports a desktop download and web-based trading. Both brokers cater to new traders with simulated trading through free virtual demo accounts. While XTB stands out by allowing trades directly from stock charts and offering 32 drawing tools for analysis, Trade Nation compensates by providing copy trading functionality and support for MetaTrader 4 (MT4), a popular platform among many traders.
For chart customization and market monitoring, both brokers offer watch lists with multiple fields, with XTB offering 8 columns and Trade Nation providing 14. XTB is highly rated with 4.5 stars and ranks 9th among 62 brokers on ForexBrokers.com for its trading platforms and tools, signaling a high level of customer satisfaction. On the other hand, Trade Nation, rated at 4 stars and ranking 44th, excels in other areas with 39 drawing tools, offering more versatility in chart analysis. Ultimately, the choice between XTB and Trade Nation may depend on individual preferences such as the need for platform features like copy trading or direct chart trading capabilities.
| Feature |
XTB
|
Trade Nation
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 39 | 115 |
| Charting - Drawing Tools (Total) | 32 | 39 |
| Charting - Trade From Chart | Yes | No |
| Watchlists - Total Fields | 8 | 14 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both XTB and Trade Nation offer mobile trading apps compatible with iPhone and Android devices, providing users with essential features like stock and forex price alerts, trendline drawing, and various time frames for charts. While both services enable real-time quote watchlists, only Trade Nation offers the advantage of watchlist symbol syncing, allowing changes made in the mobile app to reflect in the online account and vice versa. When it comes to technical studies on their respective apps, XTB provides 39 options, whereas Trade Nation offers a more extensive selection with 99 technical studies.
In terms of user ratings, XTB is rated 4.5 stars for its mobile trading app, earning it the #8 spot out of 62 brokers listed by ForexBrokers.com. Trade Nation, on the other hand, receives a 4-star rating, placing it at #45 in the same rankings. Both apps autosave drawings on charts and offer a range of charting capabilities, yet XTB's higher user satisfaction and broader market perception suggest it might appeal more to users seeking a highly regarded trading app experience.
| Feature |
XTB
|
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 | 39 | 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.
Both XTB and Trade Nation offer daily market commentary and keep traders informed with forex news from top sources like Bloomberg and Reuters. However, neither broker provides technical analysis tools from Autochartist or Trading Central, which are popular for detailed market analysis. On the other hand, both brokers equip traders with sentiment-based trading tools to help assess the market mood by displaying long or short positions across various instruments. Notably, XTB lacks research support from companies like TipRanks and Acuity Trading, while Trade Nation integrates tools from Acuity Trading.
When examining research features, XTB stands out with its inclusion of an economic calendar that highlights important global news events, a tool not offered by Trade Nation. This comprehensive approach to market data earns XTB a higher rating of 5 stars for research compared to Trade Nation's 3.5 stars. Reflecting these differences, XTB ranks as the 7th best among 62 brokers for research, whereas Trade Nation holds the 42nd position in the same category according to ForexBrokers.com. These rankings suggest that while both brokers offer valuable insights, XTB provides a more extensive suite of research features, contributing to its higher recognition among traders.
| Feature |
XTB
|
Trade Nation
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| 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 for beginners between the online brokers XTB and Trade Nation, there are some notable differences. Both platforms provide a wide array of educational materials, including over ten pieces dedicated to forex and CFDs such as articles, videos, and archived webinars. However, XTB stands out by offering a consistent schedule of live educational webinars at least once a month and archives them for future access, making it easier for users to learn at their own pace. Additionally, both brokers have more than ten beginner and advanced educational videos, providing a comprehensive learning experience for users at different skill levels.
Where Trade Nation shines is with its investor dictionary, providing definitions for over fifty investing terms, which XTB does not offer. Despite this, XTB receives higher recognition in the education category, boasting a 5-star rating compared to Trade Nation's 3.5 stars. This is reflected in its higher ranking by ForexBrokers.com, where XTB secures the 11th spot out of 62 brokers, whereas Trade Nation ranks 41st. Ultimately, while both platforms offer a strong foundation for beginners, XTB provides a richer educational experience through its extensive webinars and archived content. In contrast, Trade Nation may appeal to those who value having a comprehensive glossary of investing terms.
| Feature |
XTB
|
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 | Yes |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that XTB is better than Trade Nation. XTB finished with an overall rank of #7, while Trade Nation finished with an overall rank of #34.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
|
Trade Nation
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 85 |
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Both XTB and Trade Nation do not provide the option to purchase actual delivered cryptocurrency, but they each offer the ability to buy cryptocurrency derivatives.
While both XTB and Trade Nation offer Skrill, Visa, Mastercard, and bank wire options for depositing and withdrawing funds, only XTB provides PayPal, with neither broker supporting ACH or SEPA 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 | XTB | Trade Nation | |
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| Trust Score | 96 | 85 | |
| Winner | check_circle | ||
| Review | XTB Review | Trade Nation Review |
| Broker Screenshots | XTB | Trade Nation | |
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| Regulation | XTB | Trade Nation | |
|---|---|---|---|
| Trust Score | 96 | 85 | |
| Year Founded | 2002 | 2014 | |
| Publicly Traded (Listed) | Yes | 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 | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | XTB | 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) | XTB | 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 | XTB | Trade Nation | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 1000 | |
| Forex Pairs (Total) | 71 | 46 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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 | XTB | Trade Nation | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | 0.6 | |
| All-in Cost EUR/USD - Active | 1.00 | 0.6 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XTB | Trade Nation | |
|---|---|---|---|
| Minimum Deposit | $0 | $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 | XTB | Trade Nation | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | XTB | Trade Nation | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 14 | |
| Charting - Indicators / Studies (Total) | 39 | 115 | |
| Charting - Drawing Tools (Total) | 32 | 39 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | No |
| Mobile Trading | XTB | 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 | 39 | 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 | XTB | Trade Nation | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| 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 | XTB | 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 | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | XTB | 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 | XTB Review | Trade Nation Review |
| Overall | XTB | Trade Nation | |
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| Trust Score | 96 | 85 | |
| Winner | check_circle | ||
| Review | XTB Review | Trade Nation Review |
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