Spectre.ai vs Trade Nation

Spectre.ai vs Trade Nation Comparison Table 2024
Spectre.ai Trade Nation
Spectre.ai has closed.
4.4

Spectre.ai is a binary options trading platform that offers an innovative blockchain-based system and proprietary products with payouts up to 400%. Spectre sources liquidity directly from traders with no middleman, and offers a transparent trading environment with all transactions visible on a verified ledger. The broker offers contracts on crypto and forex pairs with flexible expiry times and instant payouts on an easy-to-use bespoke platform and mobile app.

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.

Bonus Offer
200 Sign-Up Reward Points
Comment by Reviewer
"Spectre.ai is a good option for binary options traders with an eye for innovative technology and flexible contract lengths." "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
  • Trades are verified through a decentralized public ledger
  • 100+ assets are available with payouts up to 400%
  • Unique Epochal Price Index Composite (EPIC) assets
  • Privileges and perks can be bought in Trader's Bay
  • Crypto deposits are accepted with no transfer fees
  • The low minimum deposit of $0 will suit new traders
  • A free demo account is available
  • 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
  • Spectre.ai is not regulated by a reputable authority
  • No MT4 integration for advanced chart analysis
  • No copy trading service
  • Fewer legal protections with offshore entity
Instruments
Shares, Reverse Futures, Crypto, Forex, Commodities, Binary options, EPIC, CFD Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only)
Demo Account
Yes Yes
Minimum Deposit
$0 $0
Trading Platforms
  • Own
  • MT4
Payment Methods
Minimum Trade
$1 0.1 Lots
Regulator
St. Vincent and the Grenadines FCA, ASIC, FSCA, SCB, FSA
Margin Trading
Yes Yes
STP Account
No 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
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes iOS & Android
iOS App Rating
4.1
Auto Trading
Yes - through APIs 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
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • SEK
  • NOK
  • DKK
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered 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
1:40 1:500 (entity dependent)
FTSE Spread
N/A From 0.4
GBPUSD Spread
0.9 From 0.6
Oil Spread
N/A From 3.0
Stocks Spread
Variable Variable
Forex Trading
Trade binary options on 18 forex pairs, including a selection of majors, minors and cross pairs such as GBP/USD, EUR/USD and AUD/JPY. Gold and silver binary options are also available paired with USD. 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
0.90 Variable
EURUSD Spread
0.58 Variable
EURGBP Spread
0.90 Variable
Assets
20 33
Cryptocurrency
Trade some of the most well-known cryptos, including Bitcoin, Ethereum, and Litecoin. Users just have to decide if the price of the digital token will rise or fall over an agreed timeframe. 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
Variable Fixed
Coins
  • BTC
  • LTC
  • ETH
  • DSH
  • BCH
  • LINK
  • UNI
  • AAVE
  • TERRA
  • MKR
  • AVAX
  • SNX
  • COMP
  • SUSHI
  • CAKE
  • FTM
  • YFI
  • UMA
  • RUNE
  • REN
  • ZRX
  • BNT
  • BTC
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Spectre.ai offers binary options trading on multiple markets with a $0 starting deposit and payouts up to 400%. No other binary brands match Spectre in terms of payouts. Binary options trading not offered
Payout
400%
Expiry Times
1 second - 1 day
Ladder Options
No No
Boundary Options
No No
Spectre.ai has closed.
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