Trade Nation vs ThinkMarkets

Trade Nation vs ThinkMarkets Comparison Table 2023
Trade Nation Review 2023	ThinkMarkets Review 2023
Review 4.4	Review 4
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
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.	ThinkMarkets is a reputable CFD and forex broker with regulation from several top-tier bodies including the FCA and ASIC. Traders can use a bespoke platform, MT4 or MT5 to access a wide variety of assets including 3500+ stocks and ETFs, 46 forex pairs and over 20 cryptocurrencies. Fees are competitive, particularly for the ThinkZero account with spreads starting at zero.
84% of retail investor accounts lose money when trading CFDs with this provider.	71.89% of retail investor accounts lose money when trading CFDs with this provider.
Bonus Offer
200 Sign-Up Reward Points
Comment by Reviewer
"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."	"ThinkMarkets is a reliable, multi-regulated broker that will suit most CFD traders thanks to its large asset list, competitive fees and excellent platform options."
Pros
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	Low fees with competitive spreads on the commission-free account and very tight spreads and a low $3.5 commission on ThinkZero Unique Traders' Gym simulation tool for testing out strategies on real historical data, with multiple timeframes and custom features In-depth educational resources for beginner, intermediate and advanced level traders, plus live webinars Three stable and award-winning platforms plus seamless integration with the broker's Signal Centre Top-tier regulation from the FCA, ASIC and CySEC plus offshore branches with high leverage Free VPS hosting available for MT4 and MT5, ideal for traders using Expert Advisors (EAs) Reliable 24/7 multilingual support via telephone, email or live chat Quick and easy to open a ThinkMarkets account
Cons
Fewer legal protections with offshore entity	$500 minimum deposit for ThinkZero account Not many payment methods available for UK traders Limited bonus offers, refer-a-friend schemes or trading competitions
Awards
	Best CFD Provider 2021 - City of London Wealth Management Awards (COLWMA) Best Value Broker in Asia at the 2020 - Global Forex Awards Best Forex Trading Experience 2017 - UK Forex Awards Best Forex Trading Innovation 2017 - UK Forex Awards Best Customer Service 2013 - UK Forex Awards
Instruments
Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only)	CFDs, Forex, Stocks, ETFs, Futures, Commodities, Crypto, Spread Betting (UK Only)
Demo Account
Yes	Yes
Minimum Deposit
$0	$0
Trading Platforms
MT4	ThinkTrader MT4 MT5 AutoChartist TradingCentral
Payment Methods
Credit Card Debit Card Mastercard PayPal Skrill Visa Wire Transfer	Apple Pay BPAY Credit Card Google Wallet Mastercard Neteller POLi Skrill Visa Wire Transfer
Minimum Trade
0.1 Lots	0.01 Lots
Regulator
FCA, ASIC, FSCA, SCB, FSA	FCA, ASIC, CySEC, FSCA, JFSA, FSA Seychelles
Margin Trading
Yes	Yes
STP Account
Yes	Yes
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	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.	The Signal Centre is FCA-regulated and offers insights into forex, stocks, indices, commodities, and cryptocurrencies. Users can receive up to 40 signals before the trading day starts to plan setups.
Social Trading
No	Yes
Trade Signals
Yes	Signal Centre
VPS Hosting
No	Yes
Tournaments
No	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 AUD ZAR SEK NOK DKK	USD EUR GBP AUD JPY CHF
Stock Exchanges
Australian Securities Exchange 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	Australian Securities Exchange DAX GER 40 Index Dow Jones FTSE UK Index IBEX 35 Nasdaq S&P 500
Commodities
Aluminium Copper Gold Oil Silver Zinc	Copper Gold Natural Gas Oil Platinum Silver
CFD Trading
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.	ThinkMarkets offers CFDs on a good range of instruments, the most extensive being stocks and ETFs with 3500+ assets, as well as indices and commodities, amongst others. Leverage is available up to 1:30 in the EU and UK, while clients of the offshore branch can access up to 1:500 leverage.
Leverage
1:500 (entity dependent)	1:500
FTSE Spread
From 0.4	0.7
GBPUSD Spread
From 0.6	0.4
Oil Spread
From 3.0	0.03
Stocks Spread
Variable	From 0.4
Forex Trading
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'.	ThinkMarkets offers 46 forex pairs, including a decent variety of minors and exotics as well the majors. Forex traders also benefit from very tight spreads starting from 0.0 pips for the EUR/USD in the Zero account.
GBPUSD Spread
Variable	0.3
EURUSD Spread
Variable	0.0
EURGBP Spread
Variable	0.0
Assets
33	45+
Cryptocurrency
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.	With 20+ cryptocurrencies available to trade via CFDs, traders can securely speculate on crypto markets with up to 1:10 leverage. ThinkMarkets does not directly trade crypto assets, meaning you will not own the tokens, and crypto trading is not available in some jurisdictions.
Spread
Fixed	BTC 25, ETH 6 (Variable)
Coins
BTC ETH LTC	BCH LTC XMR DOGE XLM BTC ETH XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
84% of retail investor accounts lose money when trading CFDs with this provider.	71.89% of retail investor accounts lose money when trading CFDs with this provider.
More Comparisons
Trade Nation vs	ThinkMarkets vs