Basic data of broker
Recommended for Spread, forex and CFD traders looking for a great trading platform and quality customer service
Recommended for Forex and CFD traders who prefer MetaTrader platforms and seek great account opening
Low non-trading fee, but high forex fee
Average trading and non-trading fees, low CFD fees
Stock and ETF fees
Deposit and withdrawal
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement
Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill
Markets and products
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.
Disclaimer: 74.89% 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.
£85,000 for clients under FCA, no protection for others
€20,000 for EEA residents, no protection for others
UK, Australia, South Africa, Bahamas
Cyprus, Australia, Belize, United Arab Emirates
For detailed information and hands-on experience, read our review of this broker.
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.
Trade Nation's service is slightly weaker than XM's and a comparison of their fees shows that Trade Nation's fees are higher than XM's.
Account opening takes about the same effort at Trade Nation compared to XM, deposit and withdrawal processes are somewhat more complicated at Trade Nation, while customer service quality is similar to XM's.
Our experts rated the trading platform of Trade Nation as somewhat better than the platform of XM, found that clients have access to slightly less markets and products with Trade Nation, while XM provides just about the same quality of research and education.