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 comparing the trading platforms and tools of XTB and Trade Nation, both brokers provide several similar features, though each has its own strengths. XTB and Trade Nation offer a proprietary trading platform and a Windows-based desktop download, along with web-based trading for seamless access. Both also provide free virtual demo accounts for simulated trading, which is a great way for beginners to practice. However, Trade Nation has an edge with its MetaTrader 4 support and copy trading options, which XTB does not provide. XTB does stand out by allowing trades directly from stock charts, a feature that Trade Nation lacks.
In terms of charting tools, Trade Nation offers 39 drawing tools compared to XTB's 32, and their watchlist features 14 columns, a bit more than XTB's 8. Despite this, XTB is rated slightly higher with 4.5 stars for its platforms and tools, compared to Trade Nation's 4 stars. Moreover, in the rankings by ForexBrokers.com, XTB is ranked 9th out of 62 brokers, far surpassing Trade Nation, which is ranked 45th. This suggests that XTB might offer a more robust and user-friendly experience for traders looking for advanced 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 | 99 |
| 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.
When it comes to market research, XTB and Trade Nation have distinct offerings. XTB provides daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters, which is something Trade Nation also offers in terms of news. However, XTB goes a step further with a sentiment-based trading tool that shows the ratio of long or short positions across various instruments and an economic calendar that details current and upcoming global news events. These features contribute to XTB's strong research support for its clients.
On the other hand, Trade Nation does not match XTB’s comprehensive research tools but does offer a sentiment-based trading tool similar to XTB's and provides research tools from Acuity Trading, like Signal Centre, which XTB does not include. Despite these offerings, Trade Nation lacks daily market commentary and an economic calendar. This affects its overall research capability, resulting in a 3.5-star rating compared to XTB's 5-star rating for research. Consequently, XTB ranks higher at 7th place among 62 brokers evaluated by ForexBrokers.com, whereas Trade Nation finds itself positioned at 42nd in the same category.
| Feature |
XTB
|
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 it comes to educational resources for beginners, XTB and Trade Nation both provide a good starting point, offering a variety of materials on forex and CFDs. Each platform has more than 10 educational items like articles, videos, and webinars that focus on these topics. For beginners seeking a structured approach, XTB stands out by providing regular monthly webinars and an accessible archive of recorded sessions, which Trade Nation does not offer. Additionally, both brokers cater to beginner traders with more than 10 educational videos specifically designed for newcomers to trading. However, XTB also covers advanced trading topics in over 10 videos, which gives more depth to their educational offerings compared to Trade Nation.
While neither XTB nor Trade Nation provides an investor dictionary with a comprehensive list of terms, XTB's more comprehensive range of educational content earns it a higher education rating of 5 stars, compared to Trade Nation's 3.5 stars. Furthermore, in rankings by ForexBrokers.com, XTB shines with an impressive #11 spot out of 62 brokers, emphasizing its commitment to educating traders. Trade Nation, in contrast, is positioned at #42, indicating room for improvement in its educational resources. For beginners eager to delve into the world of trading, XTB appears to offer a more complete educational package, making it a more appealing choice for those who value regular learning opportunities and access to advanced content.
| 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 | 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 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 | 99 | |
| 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 | 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 | 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 | No | |
| Investor Dictionary (Glossary) | No | No |
| 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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