Two brokers with different pricing and platform options face off. The showdown centers on regulation quality, cost structures, and execution models.
Blueberry Markets edges Trade Nation on the editorial score, aided by ASIC regulation and raw spreads from 0 pips with a transparent ECN model. Trade Nation offers fixed 0.6 pip spreads with no commission and strong FCA/ASIC oversight.
Find out which broker best suits your trader profile.
Choose Blueberry Markets if…
Choose Blueberry Markets if you value ASIC regulation with Tier 1 protections and MT4/MT5 and cTrader on one platform suite.
Choose Trade Nation if…
Choose Trade Nation if you want no minimum deposit and a proprietary web/mobile platform with phone support.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Blueberry Markets offers tighter spreads from 0.00 pips vs 0.60 pips for Trade Nation, reducing trading costs.
| Editorial score | 4.3/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.2 / 5 |
Pros
ASIC-regulated with Tier 1 investor protections
MT4, MT5, and cTrader all available
Raw ECN Direct account with published execution statistics
No bonus marketing, pure execution focus
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Blueberry Markets | Trade Nation |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Fail | Pass |
The scores are close: Blueberry Markets rates 4.3/5 and Trade Nation rates 4.1/5. Blueberry Markets 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.
Blueberry Markets starts from 0 pips, tighter than Trade Nation's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Trade Nation has no minimum deposit, while Blueberry Markets requires at least $100. This makes Trade Nation more accessible for traders with limited starting capital.
Both Blueberry Markets and Trade Nation hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Trade Nation has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Blueberry Markets lists maximum leverage of 500:1, while Trade Nation lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Blueberry Markets charges $8 per lot on commission-based accounts. Commission details for Trade Nation are not currently available. Check their website for up-to-date pricing.
Blueberry Markets supports cTrader, MetaTrader 5, MetaTrader 4, while Trade Nation supports Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 4. Blueberry Markets has exclusive access to cTrader and MetaTrader 5. Trade Nation has exclusive access to Proprietary Web/Mobile.
Trade Nation wins due to FCA and ASIC regulation and investor compensation scheme coverage.
Blueberry Markets is better for active traders due to raw ECN spreads and multiple platforms.
Blueberry Markets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Blueberry Markets wins for platform choice with MT4 MT5 and cTrader.
Trade Nation is best for beginners due to no minimum deposit and simple pricing.
Trade Nation wins for instrument variety with about 1000 instruments.
Fees & Spreads 30% weight | 4.3 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.4 / 5▲ | 3.9 / 5 |
|---|
Customer Support 10% weight | 4.1 / 5▲ | 3.9 / 5 |
|---|
| Founded | 2016 | 2014 |
|---|
| Headquarters | Sydney, Australia | London, United Kingdom |
|---|
| Min Deposit | $100 | No minimum▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | $8/lot | N/A |
|---|
| 0.8 pips | N/A |
| Max Leverage | 500:1 | 500:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC VFSC | FCA ASIC |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | Proprietary Web/Mobile MetaTrader 4 |
|---|
| Active bonuses |
|---|
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Pros
Fixed spreads from 0.6 pips with no commission
No minimum deposit and no inactivity fee
Strong FCA and ASIC multi-region regulation
Simple, transparent cost structure ideal for cost-conscious traders
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
24/5 live chat support
Phone support available
Multilingual customer support
Cons
$100 minimum deposit required
Limited product range, forex, indices, commodities, crypto only
No copy trading or social features
ECN commission slightly above the cheapest competitors
No investor compensation scheme
No proprietary platform
No phone support
Support available in limited languages
Cons
Limited asset classes, no stocks or ETF CFDs
Proprietary platform is basic compared to MT4/MT5
Fixed spreads widen significantly during major news events
No raw spread account option
No MetaTrader support
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 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