Interactive Brokers vs Trade Nation
Interactive Brokers | Trade Nation |
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4.3
Interactive Brokers is #1 in our CFD broker rankings. |
4.4
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Traders from US accepted |
Traders from US not accepted
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Interactive Brokers (IBKR) is a premier brokerage for experienced traders, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe. |
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. |
84% of retail investor accounts lose money when trading CFDs with this provider. | |
Customer Reviews | |
4
Based on 2 Interactive Brokers customer reviews
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Bonus Offer | |
200 Sign-Up Reward Points | |
Comment by Reviewer | |
"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry." | "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 | |
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Cons | |
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Instruments | |
Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only) |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$100 | 0.1 Lots |
Regulator | |
FCA, SEC, FINRA, CBI, CIRO, SFC, MAS, MNB | FCA, ASIC, FSCA, SCB, FSA |
Margin Trading | |
Yes | Yes |
Margin Rate | |
1.55 - 2.59% | |
STP Account | |
Yes | Yes |
ECN Account | |
No | No |
DMA Account | |
Yes | No |
MAM Account | |
Yes | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
Yes | No |
Robo Advisor | |
Yes | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS & Android | iOS & Android |
App Review | |
The IBKR Mobile app, available on both iOS and Android devices, makes your phone a powerful gateway to your IBKR accounts, offering you the freedom to keep an eye on portfolios, initiate trades, and dive into real-time quotes and charts, all while managing your account activities on the fly. This app stands out for its intuitive design, making it especially welcoming for those just starting their trading journey, providing a smoother and more accessible experience than the more complex TWS platform. |
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Android App Rating | |
4.6 |
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iOS App Rating | |
3.4 |
4.1 |
Auto Trading | |
Capitalise.ai & TWS API | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
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 | |
No | No |
Trade Signals | |
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 | |
$0 | $0 |
Islamic Account | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Over 8,000 CFDs are offered on a vast array of instruments, encompassing stocks, indices, forex, and commodities. Moreover, the TWS platform lends itself to seasoned day traders, offering a comprehensive selection of over 100 order types and algorithms, alongside premium market data sourced from reputable sources such as Reuters and Dow Jones. | 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 | |
1:50 | 1:500 (entity dependent) |
FTSE Spread | |
0.005% (£1 Min) | From 0.4 |
GBPUSD Spread | |
0.08-0.20 bps x trade value | From 0.6 |
Oil Spread | |
0.25-0.85 | From 3.0 |
Stocks Spread | |
0.003 | Variable |
Forex Trading | |
IBKR presents an extensive range of over 100 major, minor, and exotic forex pairs, surpassing the offerings of nearly all leading alternatives, though not CMC Markets. Forex trading occurs over multiple platforms and boasts institutional-grade spreads starting from 0.1 pips and 20 complex order types, including brackets, scale, and one-cancels-all (OCA) orders. | 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'. |
GBPUSD Spread | |
0.08-0.20 bps x trade value | Variable |
EURUSD Spread | |
0.08-0.20 bps x trade value | Variable |
EURGBP Spread | |
0.08-0.20 bps x trade value | Variable |
Assets | |
100+ | 33 |
Cryptocurrency | |
IBKR lets you purchase and hold Bitcoin, Bitcoin Cash, Ethereum, and Litecoin at competitive commission rates and without needing a crypto wallet. Additionally, there is a range of other diverse assets to explore, such as crypto indices like the NYSE Bitcoin Index, as well as futures contracts like the BAKKT Bitcoin Futures. | 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 | |
0.12%-0.18% | Fixed |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
84% of retail investor accounts lose money when trading CFDs with this provider. | |
More Comparisons | |
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