In this head-to-head, Spreadex and Trade Nation are evaluated on regulation, cost structure, and platform tools. The tension centers on instrument breadth versus multilingual support and live chat access.
Find out which broker best suits your trader profile.
Choose if…
Choose Spreadex if you value a 10,000+ instrument universe and UK FCA regulation.
Choose if…
Choose Trade Nation if you want multilingual support and 24/5 live chat.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.0/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.2 / 5 |
Pros
FCA-regulated (190941) UK spread betting on 10,000+ financial markets
TradingView integration for browser-based charting and order execution
UK capital gains tax-free profits on spread bets under current HMRC rules
Unique dual financial and sports spread betting from one FCA account
No minimum deposit and no commission on spread bets
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Spreadex | 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 | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Fail | Pass |
The scores are close: Spreadex 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 Spreadex and Trade Nation start from 0.6 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Neither Spreadex nor Trade Nation requires a minimum deposit, making both accessible regardless of starting capital.
Both Spreadex 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
Spreadex 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.
Spreadex supports Proprietary Web/Mobile, TradingView, while Trade Nation supports Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile. Spreadex has exclusive access to TradingView. Trade Nation has exclusive access to MetaTrader 4.
Both brokers offer spreads from 0.60 pips.
Equally matched on regulation and fund safeguards, both maintain segregated client funds and compensation scheme coverage.
Trade Nation wins for active traders due to higher leverage and MT4 access.
Spreadex wins for platform choice with TradingView integration and a proprietary browser/mobile platform.
Equally matched for beginners; both have no minimum deposit and solid fund protections.
Spreadex offers 10,000+ instruments, far more than Trade Nation's 1,000.
Fees & Spreads 30% weight | 4.2 / 5 | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.0 / 5▲ | 3.9 / 5 |
|---|
Customer Support 10% weight | 4.1 / 5▲ | 3.9 / 5 |
|---|
| Founded | 1999 | 2014 |
|---|
| Headquarters | St Albans, Hertfordshire, United Kingdom | London, United Kingdom |
|---|
| Min Deposit | No minimum | No minimum |
|---|
| Spreads From | 0.6 pips | 0.6 pips |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 30:1 | 500:1▲ higher |
|---|
| 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 | FCA | ASIC FCA |
|---|
| Platforms | Proprietary Web/Mobile TradingView | 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
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Phone support available
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
UK residents only - no international client access
No MT4 or MT5 available
Research tools minimal
Not suitable for traders who need raw ECN execution
No raw spread account option
No MetaTrader support
No 24/5 live chat
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
Spreadex and Trade Nation are closely matched, with Spreadex offering 10,000+ instruments while Trade Nation provides multilingual support and 24/5 live chat.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
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