Trade Nation vs TradeStation

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Trade Nation vs TradeStation Comparison Table 2024
Trade Nation TradeStation
4.4
3.5

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.

TradeStation is a popular, SEC-regulated broker offering stock, CFD and futures trading through powerful proprietary trading platforms. Available assets vary by region, with CFD trading available on the global branch. The US-based broker has different pricing methods split to cater for active day traders, or longer term stock holders.

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." "TradeStation is a secure, tried-and-tested broker for stock traders who want a powerful, flexible platform. The $500 minimum deposit makes this broker a better fit for experienced traders."
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
  • Reputable brand with oversight from top US regulators
  • Powerful trading platform with desktop, webtrader and mobile app
  • Support for third-party platform add-ons
  • Fast and responsive customer service
  • Quick, straightforward account setup
  • Competitive commissions on US stocks
Cons
  • Fewer legal protections with offshore entity
  • Limited ETF options with no commission-free ETFs
  • Expensive subscription fees for many add-ons
  • Pricing disadvantages less active traders
  • Limited free data and in-depth research
Instruments
Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only) CFDs, Forex, Stocks, Futures, Commodities
Demo Account
Yes Yes
Minimum Deposit
$0 $500
Trading Platforms
  • MT4
  • MT4
Payment Methods
Minimum Trade
0.1 Lots Min lot size will vary
Regulator
FCA, ASIC, FSCA, SCB, FSA SEC
Margin Trading
Yes No
STP Account
Yes No
ECN Account
No No
DMA Account
No Yes
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
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS, Android and Windows
iOS App Rating
4.1
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
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
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • SEK
  • NOK
  • DKK
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Stock Exchanges
Commodities
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. Trade CFDs on popular asset classes, including forex and stocks. FX CFD commissions are competitive at 0.6 basis points while for shares it's a minimum of $3 per order.
Leverage
1:500 (entity dependent) 1:20
FTSE Spread
From 0.4 N/A
GBPUSD Spread
From 0.6 N/A
Oil Spread
From 3.0 0.06 pips
Stocks Spread
Variable 0.2% Var
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'. Speculate on 26 currencies including majors. Top-tier liquidity is available from 17 of the biggest forex dealing banks, alongside dynamic order management and low commissions.
GBPUSD Spread
Variable Variable
EURUSD Spread
Variable Variable
EURGBP Spread
Variable Variable
Assets
33 26
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. Crypto trading not offered
Spread
Fixed
Coins
  • BTC
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
No No