eToro vs Trade Nation

eToro vs Trade Nation Comparison Table 2024
eToro	Trade Nation
Review 4.1	Review 4.4

eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 76% of retail accounts lose money.	Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions including the UK and Australia. The firm offers low-cost fixed and variable spreads on 1000+ assets with robust trading platforms and training materials. The Signal Centre can also be used for trade ideas.
Customer Reviews
4 Based on 2 eToro customer reviews
Bonus Offer
	200 Sign-Up Reward Points
Comment by Reviewer
"eToro's social trading platform leads the pack with a terrific user experience and active community chat that can help beginners find opportunities. There are also competitive fees on thousands of CFDs and real stocks, plus excellent rewards for experienced strategy providers."	"Trade Nation is a good choice for newer traders looking for a wide range of financial markets on a user-friendly platform. There is no minimum deposit, free funding options and strong education."
Pros
The copy trading app facilitates a best-in-class social environment, with an engaging social feed and community chat The broker's services are great for beginners, with commission-free stock trading, a low minimum deposit and an unlimited demo Charts are powered by TradingView and offer strong technical analysis features, including 9 chart types and over 100 indicators There's a comprehensive online training academy with accessible resources, from bitesize articles to comprehensive courses eToro has bolstered its investment offering, most recently with new crypto assets, now offering over 90 digital currencies The web platform and mobile app perform better in user reviews and app rankings than top competitors, including AvaTrade Top copy traders can receive annual payments up to 1.5% of assets under copy in the broker's Popular Investor Program Exciting investment portfolios are available covering traditional market trends as well as tech, crypto and more eToro is a world-renowned brand with top-tier global regulation and a 25M+ user community	A choice of trading platforms and apps, including MT4, make the brand a good fit for savvy traders Trade Nation is a multi-regulated and respected broker that previously operated as Core Spreads Full range of investments via leveraged CFDs for long and short opportunities The trading firm offers tight spreads and a transparent pricing schedule Multiple account currencies are accepted for global traders There is a low minimum deposit for beginners
Cons
The lack of additional charting platforms like MT4 will reduce the appeal for seasoned day traders accustomed to using third-party software There are no guaranteed stop loss orders which would be a useful risk management feature for beginners There is a $30 minimum withdrawal amount and a $5 fee, which will affect novices with low capital Traders will face currency conversion fees for account denominations other than USD There are limited contact methods aside from the in-platform live chat	Fewer legal protections with offshore entity
Awards
Best Cryptocurrency Trading Platform 2022 - Finder Education Materials/Program 2022 - Investment Trends Best Copy Trading Platform 2021 - Ultimate Fintech Awards Best Multi-Asset Trading Platform 2021 - Ultimate Fintech Awards Best Stockbroker 2021 - Ultimate Fintech Awards Best Social Trading Platform 2019 - ADVFN International Financial Awards
Instruments
CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities, Bonds	Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only)
Demo Account
Yes	Yes
Minimum Deposit
$50	$0
Trading Platforms
eToro Web CopyTrader TradingCentral	MT4
Payment Methods
Debit Card iDeal Klarna Neteller PayPal Przelewy24 Rapid Transfer Skrill Sofort Swift Trustly Visa Wire Transfer	Credit Card Debit Card Mastercard PayPal Skrill Visa Wire Transfer
Minimum Trade
$10	0.1 Lots
Regulator
FCA, ASIC, CySEC, FSA, FSRA, MFSA	FCA, ASIC, FSCA, SCB, FSA
Margin Trading
Yes	Yes
Margin Rate
1%
STP Account
Yes	Yes
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand.
Android App Rating
4
iOS App Rating
4.8	4.1
Auto Trading
Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do.	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
eToro continues to deliver one of the best proprietary copy trading platforms on the market, at no additional cost for eToro clients. The web-based platform features a user-friendly and interactive layout and also comes with a community chat, making it a stand-out choice for beginners.	Trade Nation Seychelles offers signals and copy trading. These are attractive options for beginners and those looking to a hands-off approach to online trading. You can leverage the expertise of seasoned traders to speculate on popular financial markets, including forex, stocks and commodities.
Social Trading
Yes	No
Trade Signals
Yes	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$10	$0
Islamic Account
Yes	Yes
Account Currencies
USD	USD EUR GBP AUD ZAR SEK NOK DKK
Stock Exchanges
Australian Securities Exchange (ASX) Borsa Italiana CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange Nasdaq Nasdaq Nordic & Baltics National Stock Exchange Of India New York Stock Exchange Russell 2000 S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Tokyo Commodity Exchange Taiwan Stock Exchange	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange S&P 500 SIX Swiss Exchange
Commodities
Aluminium Cocoa Coffee Cannabis Copper Corn Cotton Gasoline Gold Iron Lead Lithium Livestock Natural Gas Nickel Oil Orange Juice Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat Zinc	Aluminium Copper Gold Oil Silver Zinc
CFD Trading
You can trade CFDs on over 3,000 assets and access rich market data through the integrated TradingView charts. There are also comprehensive free learning tools available for beginners via the eToro Academy, including dedicated CFD trading courses and guides.	Trade leveraged CFDs on over 1000 assets with low-cost spreads. You can also take advantage of the broker's integrated signals to help you determine when to enter and exit positions.
Leverage
	1:500 (entity dependent)
FTSE Spread
1.5	From 0.4
GBPUSD Spread
1.9	From 0.6
Oil Spread
0.05	From 3.0
Stocks Spread
0.57 (Apple)	Variable
Forex Trading
An above-average selection of 55 currencies are available with reasonable spreads averaging 0.9 pips on EUR/USD during peak hours. Aspiring traders can continuously hone their forex strategies by switching between demo mode and their live account any time, with full access to the broker's 100+ technical indicators.	Trade Nation offers over 30 of the most popular forex pairs with variable spreads. Traders can access a slick proprietary platform or MetaTrader 4, with real-time forex market updates and insights via 'Smart News'.
Forex App
eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand.
GBPUSD Spread
1.9	Variable
EURUSD Spread
0.9	Variable
EURGBP Spread
1.3	Variable
Assets
55	33
Currency Indices
USD
Cryptocurrency
eToro leads the way in cryptocurrency trading, offering competitive spreads and a fixed 1% commission, plus their own wallet service. The broker offers a vast list of 95+ tokens which is continually being updated. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more	Cryptocurrencies are available through the broker's Bahamas entity. Traders can access thousands of indicators to tailor their crypto trading strategies and there are no hidden charges.
Spread
BTC 1%	Fixed
Coins
BTC ETH BCH XRP DASH LTC ETC API3 CRO SKL IMX ADA MIOTA XLM EOS NEO TRX ZEC BNB XTZ DOT MKR COMP LINK UNI YFI DOGE AAVE FIL ALGO ATOM MANA APE LRC ENJ BICO BAT BNT OGN MATIC FLR GALA ALICE CHZ HBAR DYDX SOL THETA FTM GRT 1INCH CRV ANKR OXT REN SNX STORJ ZRX CELO SUSHI QNT BAL FET SHIBxM AMP AXS SGB CTSI ENS UMA LUNC FTT SRM LPT KNC ARB RNDR OP LDO	BTC ETH LTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
Yes	No
Auto Market Maker
No	No

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