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Our top alternative brokers to Trade Nation
ActivTrades
4.5
Visit broker
77% of retail CFD accounts lose money
Spreadex
4.4
Visit broker
69% of retail CFD accounts lose money
Our top alternative brokers to Trade Nation
ActivTrades
4.5
Visit broker
77% of retail CFD accounts lose money
Spreadex
4.4
Visit broker
69% of retail CFD accounts lose money
Trade Nation Alternatives

The best alternatives to Trade Nation are

  1. ActivTrades - Global CFD and forex broker
  2. Spreadex - Global CFD and forex broker
  3. CMC Markets - Global CFD and forex broker
  4. ETX Capital - Global CFD and forex broker

Let's see in a bit more detail how the Trade Nation alternatives compare to Trade Nation and each other:

Trade Nation alternatives comparison
Trade Nation ActivTrades Spreadex CMC Markets ETX Capital
Overall score 4.4 4.5 4.4 4.7 4.3
Fees score 3.5 stars 4.4 stars 4.3 stars 3.8 stars 2.8 stars
Account opening score 5.0 stars 3.8 stars 4.4 stars 4.1 stars 5.0 stars
Deposit and withdrawal score 4.5 stars 4.5 stars 4.3 stars 4.8 stars 4.5 stars
Web platform score 4.5 stars 3.8 stars 4.5 stars 4.5 stars 4.0 stars
Markets and products score 1.5 stars 1.4 stars 1.7 stars 2.2 stars 1.8 stars
Visit broker
57.1% of retail CFD accounts lose money
Visit broker
77% of retail CFD accounts lose money
Visit broker
69% of retail CFD accounts lose money
Visit broker
73% of retail CFD accounts lose money
Read review

Why are these brokers considered good alternatives to Trade Nation? There are many areas based on which Trade Nation can be compared with others. When we say a given online broker is a good alternative to Trade Nation we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

Trade Nation alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • Trade Nation is recommended for spread, forex and cfd traders looking for a great trading platform and quality customer service
  • ActivTrades is recommended for forex and cfd traders looking for low fees and great deposit/withdrawal conditions
  • Spreadex is recommended for spread, forex and cfd traders looking for low fees and great deposit/withdrawal options
  • CMC Markets is recommended for forex and cfd traders looking for an advanced trading platform with many research tools
  • ETX Capital is recommended for forex and cfd traders looking for great funding and withdrawal options and an easy-to-use platform

Important factors of finding Trade Nation alternatives

So far BrokerChooser has reviewed 84 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether Trade Nation or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. Trade Nation is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost Trade Nation alternative.

Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At Trade Nation this is not a problem as you can have it ready on the same day you registered.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you can make a deposit with a credit card at Trade Nation, this might not be the case at its alternatives.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Trade Nation alternative is a must.


Now let's dive into the details of how Trade Nation and its alternatives perform in the most important areas!

Trade Nation alternatives
Trade Nation

Trade Nation is a global forex and CFD broker that was founded in 2014. It is regulated by the Financial Conduct Authority (FCA), the Australian Securities and Investment Commission (ASIC), the Financial Sector Conduct Authority Commission (FSCA), and the Securities Commission of the Bahamas (SCB).

Trade Nation is considered safe because it is regulated by several top-tier financial authorities.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 57.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for spread, forex and cfd traders looking for a great trading platform and quality customer service

Pros Cons
Free deposit and withdrawal Slim product portfolio
Excellent research and education tools No live chat
Good customer support Desktop platform lacks safer login

Visit broker
57.1% of retail CFD accounts lose money

Fees
3.5

Trade Nation has no inactivity and withdrawal fees and it charges average trading fees.
Pros Cons
No inactivity fee High forex fees
Low stock and index CFD fees Average trading fees
Trade Nation alternatives trading fees
Trade Nation ActivTrades Spreadex CMC Markets ETX Capital
S&P 500 index CFD fee $1.4 $0.9 $1.8 $1.5 $3.0
Europe 50 index CFD fee $1.1 $0.7 $3.2 $1.9 $2.9
EURUSD benchmark fee $13.2 $7.9 $6.7 $8.0 $9.4
GBPUSD benchmark fee $11.0 $5.7 $4.8 $5.9 $7.6

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stock and $20k for FX

Visit broker More
57.1% of retail CFD accounts lose money

Account opening
5.0

The account opening at Trade Nation is fully digital with no minimum deposit. Our account was verified within one business day.
Pros Cons
Fast None
Fully digital
No minimum deposit
Trade Nation alternatives minimum deposit and account open times
Trade Nation ActivTrades Spreadex CMC Markets ETX Capital
Minimum deposit $0 $1,000 $0 $0 $100
Time to open account 1 day 1 day 1-3 days 1-3 days 1 day

Learn more about Trade Nation minimum deposit here.

Visit broker More
57.1% of retail CFD accounts lose money

Deposit and withdrawal
4.5

Trade Nation offers free deposit and withdrawal options by bank transfer, credit card, and electronic wallet. Nevertheless, the account base currency selection covers only a few currencies.
Pros Cons
Credit/Debit card available Few minor account base currency available
Free withdrawal
No deposit fee
Trade Nation and alternatives withdrawal options and fees
Trade Nation ActivTrades Spreadex CMC Markets ETX Capital
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card Yes Yes Yes Yes Yes
Electronic wallets Yes Yes No Yes Yes
Withdrawal fee $0 $0 $0 $0 $0

Visit broker More
57.1% of retail CFD accounts lose money

Web trading platform
4.5

CoreTrader2, Trade Nation's own web trading platform, is user-friendly with a good search function and guaranteed stops. On the negative side, it lacks a two-step login.
Pros Cons
User-friendly No two-step (safer) login
Good search function
Guaranteed Stops
Trade Nation - Web trading platform
Trade Nation and alternatives trading platform scores
Trade Nation ActivTrades Spreadex CMC Markets ETX Capital
Web platform score 4.5 stars 3.8 stars 4.5 stars 4.5 stars 4.0 stars
Mobile platform score 4.3 stars 4.3 stars 4.5 stars 4.5 stars 4.5 stars
Desktop platform score 3.4 stars 3.4 stars - 3.4 stars 3.4 stars

Learn more about Trade Nation's web trading platform in the detailed Trade Nation review.

Visit broker
57.1% of retail CFD accounts lose money

Markets and products
1.5

Trade Nation's products are limited to Spread betting, forex and CFD trades. Popular asset classes, such as real stocks, bonds, mutual funds and options are not available.
Trade Nation and alternatives markets and products
Trade Nation ActivTrades Spreadex CMC Markets ETX Capital
Stock No No No No No
ETF No No No No No
Forex Yes Yes Yes Yes Yes
Fund No No No No No
Bond No No No No No
Options No No No No No
Futures No No No No No
CFD Yes Yes Yes Yes Yes
Crypto No No No Yes Yes

Visit broker More
57.1% of retail CFD accounts lose money

Verdict

All things considered, Trade Nation is a solid CFD/forex broker.

Its main advantages are the fully digital account opening with no minimum deposit and free withdrawal, excellent research and education tools, and superb customer support.

On the downside, its product portfolio is limited to just a few product types, as it offers spread betting, CFDs and forex instruments. There is no live chat, only a chatbot. The broker's trading platforms lack the safer, two-step login.

As trading fees are low and your account will be opened quickly, feel free to try Trade Nation.

Trade Nation
Summary Trade Nation is a UK CFD and forex broker. It is regulated by the FCA and is available globally for clients.
Fees score 3.5 stars
Recommended for Spread, forex and CFD traders looking for a great trading platform and quality customer service

Visit broker More
57.1% of retail CFD accounts lose money

Trade Nation alternatives
ActivTrades

ActivTrades is a global forex broker founded in 2001. It is regulated by the UK's Financial Conduct Authority (FCA) and the Securities Commission of the Bahamas (SCB). 

ActivTrades is considered safe because it has a long track record and it is regulated by a top-tier financial authority, the FCA.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal conditions

Pros Cons
Low trading fees Slim product portfolio
Free deposit and withdrawal Basic research tools
Good customer support and education services High minimum deposit

Visit broker
77% of retail CFD accounts lose money

Fees
4.4

ActivTrades has low trading fees and average non-trading fees. It's great that the broker charges no deposit and withdrawal fees in most cases.
Pros Cons
Low trading fees Inactivity fee
No withdrawal fee
Trade Nation vs. ActivTrades: Trading fees
ActivTrades Trade Nation
Apple benchmark fee $3.2 $0.8
Vodafone benchmark fee $5.5 $3.5
EURUSD benchmark fee $7.9 $13.2

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Visit broker More
77% of retail CFD accounts lose money

Account opening
3.8

Account opening at ActivTrades is seamless and fully digital. The whole process took less, than five minutes. Our account was verified within one business day. On the downside, the minimum deposit is high.
Pros Cons
Fast Minimum deposit is $1,000
Fully digital
User-friendly
Trade Nation vs. ActivTrades: Minimum deposit, time to open an account
ActivTrades Trade Nation
Minimum deposit $1,000 $0
Time to open account 1 day 1 day

If you are interested more in ActivTrades minimum deposit, this overview will help you.

Visit broker More
77% of retail CFD accounts lose money

Deposit and withdrawal
4.5

ActivTrades offers free deposit and withdrawal options, including traditional methods such as bank transfer and credit card, as well as various e-wallets. On the other hand, minor currencies are not accepted.
Pros Cons
Credit/Debit card available Minor account currencies not available
Free withdrawal
No deposit fee
Trade Nation vs. ActivTrades: Withdrawal options
ActivTrades Trade Nation
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

Visit broker More
77% of retail CFD accounts lose money

Web trading platform
3.8

ActivTrades has its own web trading platform called ActivTrader. It's highly customizable, available in several languages and has a clear fee report. On the flip side, the platform lacks a two-step login and price alerts.
Pros Cons
User-friendly No two-step (safer) login
Clear fee report
Good search function
Web trading platform of ActivTrades, a Trade Nation alternative
Trade Nation vs. ActivTrades: Trading platform scores
ActivTrades Trade Nation
Web platform score 3.8 stars 4.5 stars
Mobile platform score 4.3 stars 4.3 stars
Desktop platform score 3.4 stars 3.4 stars

Learn more about ActivTrades's web trading platform in the detailed ActivTrades review.

Visit broker
77% of retail CFD accounts lose money

Markets and products
1.4

At ActivTrades you can only trade forex and other CFDs. Popular asset classes, such as real stocks, bonds, mutual funds and options are not available.
Trade Nation vs. ActivTrades: Markets and products
ActivTrades Trade Nation
Stock No No
ETF No No
Forex Yes Yes
Fund No No
Bond No No
Options No No
Futures No No
CFD Yes Yes
Crypto No No

Visit broker More
77% of retail CFD accounts lose money

Verdict

All in all, ActivTrades is a good CFD/forex broker.

ActivTrades has low trading fees, while deposits and withdrawals are free. Customer support is great and it has excellent education tools, including webinars and market analysis.  

On the downside, its product portfolio is limited to just a few products, as it offers mainly CFDs and forex instruments. The research tools are basic, and there are no trading ideas or fundamental data. The minimum deposit is high, at $/€/£/CHF 1,000, depending on the currency of your account.

As the trading fees are low and your account will be ready quickly, feel free to try ActivTrades.

ActivTrades
Summary ActivTrades is a UK CFD and forex broker. It is regulated by the FCA and is available globally for clients.
Fees score 4.4 stars
Recommended for Forex and CFD traders looking for low fees and great deposit/withdrawal conditions

Visit broker More
77% of retail CFD accounts lose money

Trade Nation alternatives
Spreadex

Spreadex is a global CFD and forex broker founded in 1999. It is regulated by the top-tier UK Financial Conduct Authority (FCA). The company also operates a separate sports betting service.

Spreadex is considered safe because it has a long track record and is regulated by a top-tier financial authority.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. For professional clients, spread betting and CFD trading can also result in losses larger than your initial stake or deposit. This site is intended for those persons of 18 years or older.

Recommended for spread, forex and cfd traders looking for low fees and great deposit/withdrawal options

Pros Cons
Low forex fees Thin product selection
Good web platform No desktop platform
Helpful customer service Limited research and education tools

Visit broker
69% of retail CFD accounts lose money

Fees
4.3

Spreadex has low forex fees and low stock CFD fees, and it charges no inactivity fee.
Pros Cons
Low forex fees None
No inactivity fee
Trade Nation vs. Spreadex: Trading fees
Spreadex Trade Nation
Apple benchmark fee $7.5 $0.8
Vodafone benchmark fee $5.8 $3.5
EURUSD benchmark fee $6.7 $13.2

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Visit broker More
69% of retail CFD accounts lose money

Account opening
4.4

Opening an account at Spreadex is easy and straightforward, and involves no minimum deposit. However, account verification was a bit slow, taking us 2-3 business days.
Pros Cons
Fully digital Slower-than-average account verification
No minimum deposit
User-friendly
Trade Nation vs. Spreadex: Minimum deposit, time to open an account
Spreadex Trade Nation
Minimum deposit $0 $0
Time to open account 1-3 days 1 day

If you are interested more in Spreadex minimum deposit, this overview will help you.

Visit broker More
69% of retail CFD accounts lose money

Deposit and withdrawal
4.3

Deposit and withdrawal, via bank transfer or credit/debit cards, are quick and mostly free. However, the account currency selection is rather average.
Pros Cons
Credit/Debit card available Average account currency selection
No deposit fee
Free withdrawal in most cases
Trade Nation vs. Spreadex: Withdrawal options
Spreadex Trade Nation
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets No Yes
Withdrawal fee $0 $0

Visit broker More
69% of retail CFD accounts lose money

Web trading platform
4.5

The Spreadex trading platform is user-friendly, with a good search function, clear reports and guaranteed stop orders. However, it lacks a two-step login and is available only in English.
Pros Cons
User-friendly No two-step (safer) login
Clear fee report Available only in English
Good search function
Guaranteed stop
Web trading platform of Spreadex, a Trade Nation alternative
Trade Nation vs. Spreadex: Trading platform scores
Spreadex Trade Nation
Web platform score 4.5 stars 4.5 stars
Mobile platform score 4.5 stars 4.3 stars
Desktop platform score - 3.4 stars

Learn more about Spreadex's web trading platform in the detailed Spreadex review.

Visit broker
69% of retail CFD accounts lose money

Markets and products
1.7

At Spreadex you can only trade forex, CFDs, and spread betting. Popular asset classes such as real stocks, ETFs, or bonds are missing.
Trade Nation vs. Spreadex: Markets and products
Spreadex Trade Nation
Stock No No
ETF No No
Forex Yes Yes
Fund No No
Bond No No
Options No No
Futures No No
CFD Yes Yes
Crypto No No

Visit broker More
69% of retail CFD accounts lose money

Verdict

Spreadex is a forex and CFD broker regulated by the top-tier UK FCA.

Spreadex has low forex fees; it offers a good web trading platform; and any problems or enquiries are taken care of by its helpful and fast customer service.

On the flip side, Spreadex's product portfolio is limited to forex and CFDs, meaning that popular asset classes such as real stocks or mutual funds are missing. In addition, there is no desktop platform, while the quality and quantity of research tools and education materials is quite poor.

As Spreadex has a user-friendly web platform and requires no minimum deposit, we encourage you to give it a try.

Spreadex
Summary Spreadex is a UK CFD and Forex broker. It is regulated by FCA and is available globally for clients.
Fees score 4.3 stars
Recommended for Spread, Forex and CFD traders looking for low fees and great deposit/withdrawal options

Visit broker More
69% of retail CFD accounts lose money

Trade Nation alternatives
CMC Markets

Note (March 18 2021): Short selling recently popular stocks are currently restricted on CMC Markets platform.  We'll keep monitoring the issue, and will update our scores if this issue still persists.

CMC Markets is a global CFD and forex broker, founded in 1989. It is regulated by several authorities globally, including the top-tier UK Financial Conduct Authority (FCA). The company is also listed on the London Stock Exchange.

CMC Markets is considered safe because it has a long track record, is listed on stock exchange, and is overseen by top-tier regulators.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for an advanced trading platform with many research tools

Pros Cons
Low forex fees High stock CFD fees
Great web and mobile platforms Limited product portfolio
Advanced research and educational tools Complicated account verification

Visit broker
73% of retail CFD accounts lose money

Fees
3.8

CMC Markets has competitive forex and stock index CFD fees, and no fee is charged for deposits and most withdrawals. However, stock CFD fees are high.
Pros Cons
Low forex fees High stock CFD fees
No withdrawal fee
Trade Nation vs. CMC Markets: Trading fees
CMC Markets Trade Nation
Apple benchmark fee $21.5 $0.8
Vodafone benchmark fee $25.2 $3.5
EURUSD benchmark fee $8.0 $13.2

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Visit broker More
73% of retail CFD accounts lose money

Account opening
4.1

The account opening process is fully digital and there's no minimum deposit, but confusion about what documents to upload for identification can prolong the verification process.
Pros Cons
Fully digital Complicated account verification
No minimum deposit
Trade Nation vs. CMC Markets: Minimum deposit, time to open an account
CMC Markets Trade Nation
Minimum deposit $0 $0
Time to open account 1-3 days 1 day

If you are interested more in CMC Markets minimum deposit, this overview will help you.

Visit broker More
73% of retail CFD accounts lose money

Deposit and withdrawal
4.8

You can use multiple deposit/withdrawal options and CFD account base currencies. Withdrawals are mostly free, except for same-day or international bank withdrawals.
Pros Cons
Credit/Debit card available £15 fee for international bank transfers
No deposit fee
Several account base currencies
Trade Nation vs. CMC Markets: Withdrawal options
CMC Markets Trade Nation
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

Visit broker More
73% of retail CFD accounts lose money

Web trading platform
4.5

CMC's 'Next Generation' platform has a clean and modern design, is highly customizable, and boasts an advanced order panel. On the other hand, it lacks two-step authentication.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace)
Modern design
Web trading platform of CMC Markets, a Trade Nation alternative
Trade Nation vs. CMC Markets: Trading platform scores
CMC Markets Trade Nation
Web platform score 4.5 stars 4.5 stars
Mobile platform score 4.5 stars 4.3 stars
Desktop platform score 3.4 stars 3.4 stars

Learn more about CMC Markets's web trading platform in the detailed CMC Markets review.

Visit broker
73% of retail CFD accounts lose money

Markets and products
2.2

CMC Markets's product selection covers only CFDs, forex and crypto. You can't trade other popular asset classes such as real stocks, bonds, mutual funds, options or futures.
Trade Nation vs. CMC Markets: Markets and products
CMC Markets Trade Nation
Stock No No
ETF No No
Forex Yes Yes
Fund No No
Bond No No
Options No No
Futures No No
CFD Yes Yes
Crypto Yes No

Visit broker More
73% of retail CFD accounts lose money

Verdict

CMC Markets is overseen by top-tier regulators and is one of the best CFD and forex brokers out there. 

On the plus side, it has low forex fees, well-developed trading platforms, and useful research and educational tools.

There are also a few drawbacks, though. Stock CFD fees are high, and the account verification process is not always seamless. Also, its product selection covers only CFD and forex asset classes, meaning no real stocks, bonds or mutual funds.

Feel free to test CMC Markets's first-class trading platform, as it has great features and requires no minimum deposit to open an account.

CMC Markets
Summary CMC Markets is a UK-based Global CFD and Forex Broker, regulated by multiple top-tier regulators like the UK FCA.
Fees score 3.8 stars
Recommended for Forex and CFD traders looking for an advanced trading platform with many research tools

Visit broker More
73% of retail CFD accounts lose money

Trade Nation alternatives
ETX Capital

ETX Capital is a global CFD and FX broker. Its parent company, Monecor (London) Ltd was established in 1965 and is regulated by the Financial Conduct Authority (FCA) making it safe to invest your money with.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.42% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for great funding and withdrawal options and an easy-to-use platform

Pros Cons
Free and multiple deposit and withdrawal options High CFD fees
Easy and fast account opening Only CFDs, forex, and crypto offered
Great educational tools Basic research tools

Read review

Fees
2.8

ETX Capital has low forex fees and there are no withdrawal fees. On the other hand, the stock CFD fees are high and there is high inactivity charged.
Pros Cons
Low forex fees Inactivity fee
No withdrawal fee High stock CFD fees
Trade Nation vs. ETX Capital: Trading fees
ETX Capital Trade Nation
Apple benchmark fee $33.6 $0.8
Vodafone benchmark fee $29.3 $3.5
EURUSD benchmark fee $9.4 $13.2

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Read review
76.42% of retail CFD accounts lose money

Account opening
5.0

ETX Capital's account opening is hassle-free and straightforward. Your account should be ready for trading on the same day.
Pros Cons
Fast None
Fully digital
Low minimum deposit
Trade Nation vs. ETX Capital: Minimum deposit, time to open an account
ETX Capital Trade Nation
Minimum deposit $100 $0
Time to open account 1 day 1 day

If you are interested more in ETX Capital minimum deposit, this overview will help you.

Read review
76.42% of retail CFD accounts lose money

Deposit and withdrawal
4.5

ETX Capital's deposit and withdrawal are free, the processes are fast, and can be done in several methods.
Pros Cons
Credit/Debit card available None
Free withdrawal
No deposit fee
Trade Nation vs. ETX Capital: Withdrawal options
ETX Capital Trade Nation
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

Read review
76.42% of retail CFD accounts lose money

Web trading platform
4.0

ETX Capital has a great web trading platform. It is user-friendly with a great search function and customizability. On the negative side, it lacks two-step login and a clear fee report.
Pros Cons
User-friendly No clear fee report available
Good search function No two-step (safer) login
Good customizability (for charts, workspace)
Web trading platform of ETX Capital, a Trade Nation alternative
Trade Nation vs. ETX Capital: Trading platform scores
ETX Capital Trade Nation
Web platform score 4.0 stars 4.5 stars
Mobile platform score 4.5 stars 4.3 stars
Desktop platform score 3.4 stars 3.4 stars

Learn more about ETX Capital's web trading platform in the detailed ETX Capital review.

Read review

Markets and products
1.8

At ETX Capital, you can trade only with CFDs, forex, and cryptos. It lacks real stocks, ETFs, mutual funds, bonds, options, and futures.
Trade Nation vs. ETX Capital: Markets and products
ETX Capital Trade Nation
Stock No No
ETF No No
Forex Yes Yes
Fund No No
Bond No No
Options No No
Futures No No
CFD Yes Yes
Crypto Yes No

Read review
76.42% of retail CFD accounts lose money

Verdict

ETX Capital is regulated by the top-tier FCA.

On the plus side, you can use a lot of deposit and withdrawal options and they are free of charge. We liked the seamless and hassle-free account opening. There is a wide range of educational tools and they have great quality.

ETX Capital has some drawbacks though. The CFD fees are high. Its product range is limited to FX, CFDs, and cryptos. The research tools are limited. 

As there is only a small minimum deposit, there are 5 free withdrawals, and the inactivity fee only kicks in after three months, feel free to try ETX Capital.

ETX Capital
Summary ETX Capital is a global forex and CFD broker regulated by the UK FCA. Its parent company, Monecor (London) Ltd is listed on the London Stock Exchange.
Fees score 2.8 stars
Recommended for Forex and CFD traders looking for great funding and withdrawal options and an easy-to-use platform

Read review
76.42% of retail CFD accounts lose money

Trade Nation alternatives
Bottom line

Based on our analysis, there are several good alternatives to Trade Nation. They all offer similar products and target similar customers. Here's a recap of the results in a table.

Trade Nation alternatives
Broker Info Recommended for
Trade Nation Global forex and CFD broker Spread, forex and CFD traders looking for a great trading platform and quality customer service
ActivTrades Global CFD and forex broker Forex and CFD traders looking for low fees and great deposit/withdrawal conditions
Spreadex Global CFD and forex broker Spread, Forex and CFD traders looking for low fees and great deposit/withdrawal options
CMC Markets Global CFD and forex broker Forex and CFD traders looking for an advanced trading platform with many research tools
ETX Capital Global CFD and forex broker Forex and CFD traders looking for great funding and withdrawal options and an easy-to-use platform

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Author of this article

Dan Sallai

Author of this article

My goal is to help people find our resourceful content when they need the most. I combine my 10+ years online marketing experience with the team's finance knowledge to reach that every day. On the side I'm paying bowling, tennis and enjoy spending great time with my children.
My goal is to help people find our resourceful content when they need the most. I combine my 10+ years online marketing experience with the team's finance knowledge to reach that every day. On the side I'm paying bowling, tennis and enjoy spending great time with my children.

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57.1% of retail CFD accounts lose money
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73% of retail CFD accounts lose money
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