Trade Nation vs NicoFX

Trade Nation vs NicoFX Comparison Table 2022
Trade Nation NicoFX
WINNER
Trade Nation is the better broker
3.9
United States Flag Traders from US not accepted
Not Yet Rated
United States Flag Traders from US not accepted
Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions including the UK and Australia. The firm offers tight spreads and no minimum deposit. NicoFX facilitates trading in forex and precious metals under CySEC regulation.
Awards
  • Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
  • Best STP Broker 2016 - MENA Awards
Bonus
200 Sign-Up Reward Points
Instruments
Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds Forex, Metals
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Minimum Trade
0.1 lots 0.01 lots
Regulator
FCA, ASIC, FSCA, SCB CySEC
Margin Trading
Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No
OmniTrader
No
TradingView
No
Autochartist
No
eSignal
No
Trading Central
No
STP Account
No
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
No
Robo Advisor
No
Negative Balance Protection
Yes
Market Maker
No
P2P Trading
No
Spot Trading
Yes
Mobile Apps
iOS & Android Yes
Auto Trading
EAs via MT4 Yes (EAs)
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes - Signal Centre Yes
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Custodial Account
No
Guaranteed Stop Loss
No
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • SEK
  • NOK
  • DKK
Stock Exchanges
Commodities
CFD Trading
Diversify trading portfolios with contracts for difference available on multiple financial markets. CFD trading not offered
Leverage
1:200 1:30
FTSE Spread
From 0.4 N/A
GBPUSD Spread<
From 0.6 From 0.9
Oil Spread
From 3.0 N/A
Stocks Spread
Variable N/A
Forex Trading
Trade Nation offers trading on 30+ online currencies. Start trading a long list of leading currencies with up to 1:30 leverage.
GBPUSD Spread
From 0.6 From 0.9
EURUSD Spread
From 0.6 From 0.9
EURGBP Spread
From 0.6 From 0.9
Assets
33 38
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