ThinkMarketsvs
Trade NationForex Broker Comparison
ThinkMarkets and Trade Nation square off on regulation, pricing, and platforms. The axis of tension revolves around platform breadth, instrument count, and fee models.
Our Verdict
ThinkMarkets winsby 0.1 pts
ThinkMarkets and Trade Nation are closely matched overall; ThinkMarkets offers MT4/MT5 and raw spreads, while Trade Nation lacks MT5 and uses fixed spreads.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1ThinkMarkets offers MT4 and MT5; Trade Nation does not offer MT5.
- 2ThinkMarkets provides 4000 instruments; Trade Nation offers 1000.
- 3ThinkMarkets offers raw spreads; Trade Nation uses fixed spreads.
Who should choose ThinkMarkets vs Trade Nation?
Find out which broker best suits your trader profile.
Choose ThinkMarkets if…
Choose ThinkMarkets if you want MT4/MT5 and a large instrument universe.
Choose Trade Nation if…
Choose Trade Nation if you prefer fixed spreads and a 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
Recommended
ThinkMarkets offers tighter spreads from 0.40 pips vs 0.60 pips for Trade Nation, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
ThinkMarkets vs Trade Nation: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 4.2 / 5 |
ThinkMarkets vs Trade Nation Forex Broker Pros & Cons
Pros
No minimum deposit on standard ThinkForex account
ThinkTrader proprietary app is well-reviewed for mobile trading
JFSA regulation for Japanese clients
Strong multi-region regulatory coverage
Regulated by top-tier authorities (FCA, ASIC, CySEC)
ThinkMarkets vs Trade Nation: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
ThinkMarkets
criteria wins
0
Trade Nation
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | ThinkMarkets | 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 | Pass | 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 |
ThinkMarkets vs Trade Nation: Frequently Asked Questions
The scores are close: ThinkMarkets rates 4.2/5 and Trade Nation rates 4.1/5. ThinkMarkets 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.
ThinkMarkets starts from 0.4 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.
Neither ThinkMarkets nor Trade Nation requires a minimum deposit, making both accessible regardless of starting capital.
Both ThinkMarkets 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.
ThinkMarkets 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.
ThinkMarkets charges $7 per lot on commission-based accounts. Commission details for Trade Nation are not currently available. Check their website for up-to-date pricing.
ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4, while Trade Nation supports Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile and MetaTrader 4. ThinkMarkets has exclusive access to MetaTrader 5 and TradingView.
