Plus500vs
Trade NationForex Broker Comparison
Two regulated forex brokers are put to the test on regulation, pricing, and platform choices. The tension centers on cost clarity and tool depth.
Our Verdict
Too close to call0.1 pts apart
Plus500 and Trade Nation are closely matched overall in regulation and cost. Trade Nation offers phone support, unlike Plus500.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Phone support available with Trade Nation only.
- 2Plus500 charges inactivity fee.
- 3Trade Nation includes advanced charting; Plus500 has limited charting.
Who should choose Plus500 vs Trade Nation?
Find out which broker best suits your trader profile.
Choose Plus500 if…
Choose Plus500 if you prefer zero commission trades and a large instrument universe.
Choose Trade Nation if…
Choose Trade Nation if you want phone support and advanced charting, with no minimum deposit.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
It’s a tie
Both equally suited
Both brokers offer spreads from 0.60 pips.
Best for safety & regulation
It’s a tie
Both equally suited
Plus500 vs Trade Nation: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.0/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.2 / 5 |
Plus500 vs Trade Nation Forex Broker Pros & Cons
Pros
LSE-listed providing strong institutional credibility
Zero commission on all trades
Intuitive proprietary platform with a clean mobile app
Negative balance protection across all accounts
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Plus500 vs Trade Nation: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
Plus500
criteria wins
3
Trade Nation
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Plus500 | 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 | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
Plus500 vs Trade Nation: Frequently Asked Questions
The scores are close: Plus500 rates 4/5 and Trade Nation rates 4.1/5. Trade Nation 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.
Both Plus500 and Trade Nation start from 0.6 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Trade Nation has no minimum deposit, while Plus500 requires at least $100. This makes Trade Nation more accessible for traders with limited starting capital.
Both Plus500 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.
Plus500 lists maximum leverage of 30:1, 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.
Plus500 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.
