Two brokers face off in crypto trading: one is a native exchange with social features, the other a regulated CFD broker. The focus is asset depth, regulation, and platform access.
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose BingX if you want a native exchange with 24/5 live chat and 700+ assets.
Choose if…
Choose Trade Nation if you prefer FCA/ASIC regulation, fixed spreads, and phone support.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
| Criteria | ||
|---|---|---|
| Editorial score | 3.9/ 5 | 3.7/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | N/A | 0.6 pips |
| Taker Fee | 0.10% | N/A |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | BingX | Trade Nation |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Fail |
| Proof of reserves published | Pass | Fail |
| Segregated client funds | Fail | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Pass |
The scores are close: BingX rates 3.9/5 and Trade Nation rates 3.7/5. BingX has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Trade Nation lists a spread from 0.6. Current spread data is not available for BingX. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Neither BingX nor Trade Nation requires a minimum deposit, making both accessible regardless of starting capital.
Trade Nation holds top-tier regulation (ASIC, FCA), providing stronger investor protections. BingX may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, Trade Nation provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each exchange's site before deciding.
BingX offers up to 150:1 on perpetual or margin products, versus Trade Nation's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
BingX charges $0.1 per trade on commission-based accounts. Commission details for Trade Nation are not currently available. Check their website for up-to-date pricing. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
BingX supports Proprietary Web/Mobile, while Trade Nation supports Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile. Trade Nation has exclusive access to MetaTrader 4.
BingX scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
BingX lists 500+ coins while Trade Nation does not meet this threshold in our data. For traders who want access to many altcoins, BingX has the broader selection. Confirm specific coin availability for your region on each exchange's website.
Trade Nation benefits from FCA/ASIC regulation and FSCS protection.
Equally matched; neither offers DeFi or Web3 features.
| N/A |
| N/A |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | CryptoBank transferCredit cardDebit card | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | CryptoBank transfer | Bank transferCredit card |
|---|
| Withdrawal Fee | Network fee only | Free |
|---|
| Regulators | VARA | ASIC FCA |
|---|
| Cold Storage | Yes | No |
|---|
| Proof of Reserves | Yes | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | Yes | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
| Active bonuses | 2 offers | None |
|---|
BingX and Trade Nation are closely matched overall. The clearest differentiator is coin selection, with BingX listing 700+ assets versus Trade Nation's 5.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker