Two regulated brokers face off over cost, platforms, and leverage. Exness offers ultra-low deposits and raw pricing, while Trade Nation emphasizes fixed spreads and simple pricing.
Exness edges Trade Nation on editorial score due to stronger fees and MT4/MT5 access.
Find out which broker best suits your trader profile.
Choose Exness if…
Choose Exness if you want MT4/MT5 access. You get a $1 minimum deposit and leverage up to 2000:1.
Choose Trade Nation if…
Choose Trade Nation for fixed spreads from 0.6 pips with no commission. It also offers a proprietary platform along with MT4.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Exness offers tighter spreads from 0.30 pips vs 0.60 pips for Trade Nation, reducing trading costs.
| Editorial score | 4.4/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 4.2 / 5 |
Pros
Near-unlimited leverage on offshore entity
Extremely low $1 minimum deposit on Standard account
Instant withdrawals available 24/7 including weekends
One of the world's highest-volume retail FX brokers
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Exness | 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) | Pass | 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 | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: Exness rates 4.4/5 and Trade Nation rates 4.1/5. Exness 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.
Exness starts from 0.3 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 Exness requires at least $1. This makes Trade Nation more accessible for traders with limited starting capital.
Both Exness 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.
Exness lists maximum leverage of 2000:1, 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.
Exness charges $3.5 per lot on commission-based accounts. Commission details for Trade Nation are not currently available. Check their website for up-to-date pricing.
Exness supports MetaTrader 5, MetaTrader 4, while Trade Nation supports Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 4. Exness has exclusive access to MetaTrader 5. Trade Nation has exclusive access to Proprietary Web/Mobile.
Exness is favored for safety and regulation due to FCA, CySEC, FSCA, and OJK oversight.
Exness is best for active traders due to high leverage and raw spreads.
Exness is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.30 pips.
Trade Nation is best for platform choice with MT4 and a proprietary platform.
Trade Nation is best for beginners thanks to a $0 minimum deposit.
Trade Nation offers 1000 instruments versus Exness’s 200.
Fees & Spreads 30% weight | 4.6 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.4 / 5▲ | 3.9 / 5 |
|---|
Customer Support 10% weight | 4.3 / 5▲ | 3.9 / 5 |
|---|
| Founded | 2008 | 2014 |
|---|
| Headquarters | Limassol, Cyprus | London, United Kingdom |
|---|
| Min Deposit | $1 | No minimum▼ lower |
|---|
| Spreads From | 0.3 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | $3.5/lot | N/A |
|---|
| 0.65 pips | N/A |
| Max Leverage | 2,000:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPerfect MoneyCryptoP2P | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerPerfect MoneyCrypto | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA FSCA OJK CySEC | FCA ASIC |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | Proprietary Web/Mobile MetaTrader 4 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
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
Phone support available
Multilingual customer 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
Not available to US residents
EU clients face significant leverage restrictions
Unlimited leverage carries extreme risk for inexperienced traders
No proprietary platform
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
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