Trade Nation vs XM
Side-by-side comparison of regulation, trading costs, platforms, and account types for Trade Nation and XM.
Trade NationTrust 8.4/10
FCA
ASIC
FSCA
SCB
UK FCA broker (formerly Core Spreads) offering fixed 0.6 pip spreads on EUR/USD across both retail and pro accounts. Zero minimum deposit and TN Trader plus TradingView support make it a clean low-friction pick for transparent-cost trading.
XMTrust 8.4/10
ASIC
CySEC
DFSA
FSCA
Global broker with multi-jurisdictional licensing (CySEC, ASIC, FSCA, FSC-Belize, IFSC). Strong cTrader and MT4/MT5 offering, low minimum deposits, and broad product range.
Quick verdict
- Trust: XM has the higher trust score.
- EUR/USD spread: Trade Nation is tighter on EUR/USD.
Side-by-side comparison
| Feature | Trade Nation | XM |
|---|---|---|
| Trust score | 8.4 | 8.4 |
| Regulators | FCA, ASIC, FSCA, SCB | ASIC, CySEC, DFSA, FSCA, FSC-Belize |
| Headquarters | London, United Kingdom | Cyprus |
| Founded | 2014 | 2009 |
| Min deposit | $0.00 | $5 |
| Max leverage | 1:200 | 1:1000 |
| EUR/USD spread | 0.60 pips | 0.70 pips |
| Commission per lot | $0.00 | $0.00 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card, PayPal, Skrill | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal methods | Bank Wire, Credit/Debit Card, PayPal, Skrill | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal speed | 24h | 24h |
| Base currencies | USD, EUR, GBP, AUD | USD, EUR, GBP, AUD, JPY, SGD |
Trade Nation is best for
Beginners
Day traders
XM is best for
Beginners
Day traders
Copy traders