eToro vs Trade Nation

eToro vs Trade Nation Comparison Table 2023
eToro Review 2023 Trade Nation Review 2023
4.1
4.4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

eToro is a top-rated multi-asset platform which offers both investing in 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. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. CFDs are not available in the US Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 77% 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.

77% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. 84% of retail investor accounts lose money when trading CFDs with this provider.
Bonus Offer
200 Sign-Up Reward Points
Comment by Reviewer
"eToro is a great pick for traders who want to trade CFDs with copy trading and other social investing features. The brand is hugely respected with a string of awards and strong regulatory oversight." "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
  • 25M+ user community
  • Industry-leading copy trading app
  • Commission-free stock trading
  • Islamic/Halal-friendly account
  • Good user reviews and app rankings
  • Low minimum deposit requirement
  • Multiple orders including take profits
  • Digital wallet with multiple currencies
  • Trustworthy and award-winning company
  • Comprehensive online training academy
  • Demo account with access to virtual funds
  • 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
  • Fee to withdraw revenue
  • Limited contact methods
  • No guaranteed stop loss
  • No MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms
  • Currency conversion fees for account denominations other than USD
  • Fewer legal protections with offshore entity
Awards
  • Best of Show Award 2012 - Finovate Europe
  • Most Innovative Trading Platform 2010 - World Finance Awards
  • Best Trading Software 2011 - World Finance Awards
Instruments
Crypto Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only)
Demo Account
Yes Yes
Minimum Deposit
$10 $0
Trading Platforms
  • TradingCentral
  • MT4
Payment Methods
Minimum Trade
$10 0.1 Lots
Regulator
FCA, ASIC, CySEC, FSA FCA, ASIC, FSCA, SCB, FSA
Margin Trading
Yes Yes
Margin Rate
1%
STP Account
Yes Yes
ECN Account
Yes 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 & Windows iOS & Android
Auto Trading
Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do. Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
One of the best proprietary platforms currently on the market is the award-winning eToro CopyTrader (at no additional cost for eToro clients). The web-based platform includes a user-friendly and interactive layout and also comes with social features, including a community chat. Copy trading on crypto trades only. 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
Commodities
CFD Trading
Trade CFDs on over 3,000 assets and enjoy rich market data through integrated TradingView charts. There is also comprehensive free learning tools via the eToro Academy, ideal for beginners. Fees are low and leverage is in line with regulatory requirements, helping to provide a secure trading environment. 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 pt From 0.4
GBPUSD Spread
2 pips From 0.6
Oil Spread
5 pts From 3.0
Stocks Spread
0.24% Var Variable
Forex Trading
An impressive selection of 52 currencies are tradeable on eToro's proprietary platform and app. Traders can also continuously hone their forex strategies by switching between demo mode and their live account any time. 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
2 pips Variable
EURUSD Spread
1.5 pips Variable
EURGBP Spread
1.5 pips Variable
Assets
49 33
Currency Indices
  • USD
Cryptocurrency
eToro leads the way in cryptocurrency trading. The lowest spreads (from 1% for BTC), their own wallet service and the largest number of cryptos to trade in the market. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 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%, ETH 2% Fixed
Coins
  • BTC
  • ETH
  • BCH
  • XRP
  • DASH
  • LTC
  • ETC
  • ADA
  • MIOTA
  • XLM
  • EOS
  • NEO
  • ZEC
  • BNB
  • VET
  • BTC
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
77% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. 84% of retail investor accounts lose money when trading CFDs with this provider.
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