CMC Markets
Trade Nation
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex and CFD traders looking for an advanced trading platform with many research tools
Recommended for Spread, forex and CFD traders looking for a great trading platform and quality customer service
UK
UK
Fees
Low forex fees, average CFD and non-trading fees
Low non-trading fee, but high forex fee
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
10
8
Deposit type
Withdrawal type
Account opening
$0
$0
1-3 days
1 day
Proof of identity: passport / national ID / driver's licence Proof of address: bank statement / utility bill / mortgage statement / credit card statement
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement
Trading platform
Markets and products
Disclaimer: 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 81.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Great
Customer service
Security
£85,000 for clients under FCA, $1,000,000 under IIROC, no protection under other regulators
£85,000 for clients under FCA, no protection for others
1989
2014
UK, Australia, Canada, New Zealand, Singapore, Germany
UK, Australia, South Africa, Bahamas
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
CMC Markets's service is slightly better than Trade Nation's and a comparison of their fees shows that CMC Markets's fees are slightly lower than Trade Nation's.
Account opening takes somewhat more effort at CMC Markets compared to Trade Nation, deposit and withdrawal processes are somewhat easier at CMC Markets, while customer service quality is similar to Trade Nation's.
Our experts rated the trading platform of CMC Markets as somewhat better than the platform of Trade Nation, found that clients have access to slightly more markets and products with CMC Markets, while Trade Nation provides somewhat lower-quality research and education.