XM Group is better than Trade Nation.
Trying to decide between XM Group and Trade Nation? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.
| Overall Rating | XM Group | Trade Nation | AvaTrade |
|---|---|---|---|
| Overall Rating | 8.0 / 10 | 7.1 / 10 | 8.2 / 10 |
| Account Type | XM Group | Trade Nation | AvaTrade |
|---|---|---|---|
| Standard Account | Yes | Yes | Yes |
| Mini Account | Yes | Yes | Yes |
| Micro Account | Yes | Yes | Yes |
| Islamic Account | Yes | No | Yes |
| Copy Trading | XM Group | Trade Nation | AvaTrade |
|---|---|---|---|
| Social Trading / Copy Trading | Yes | No | Yes |
| DupliTrade | No | No | Yes |
| ZuluTrade | No | No | Yes |
| Cryptocurrency | XM Group | Trade Nation | AvaTrade |
|---|---|---|---|
| Cryptocurrency (Physical) | No | No | No |
| Cryptocurrency (CFD) | Yes | No | Yes |
| Bitcoin | Yes | No | Yes |
| ethereum | Yes | No | Yes |
| Forex Trading | XM Group | Trade Nation | AvaTrade |
|---|---|---|---|
| Forex Trading | Yes | Yes | Yes |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Indices (Index CFDs) | XM Group | Trade Nation | AvaTrade |
|---|---|---|---|
| DAX | Yes | Yes | Yes |
| Dow Jones | Yes | Yes | Yes |
| FTSE | Yes | Yes | Yes |
| NASDAQ 100 | Yes | Yes | Yes |
| Nikkei | Yes | Yes | Yes |
| SP 500 | Yes | Yes | Yes |
| Investments | XM Group | Trade Nation | AvaTrade |
|---|---|---|---|
| Forex Trading | Yes | Yes | Yes |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Spread Betting | No | Yes | Yes |
| Social Trading / Copy Trading | Yes | No | Yes |
| Metals | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes |
| Agriculturals | Yes | No | Yes |
| ETF | No | No | No |
| U.S. Stocks (CFD) | Yes | No | Yes |
| Trading Platforms | XM Group | Trade Nation | AvaTrade |
|---|---|---|---|
| Apple iOS App | Yes | Yes | Yes |
| Android App | Yes | Yes | Yes |
| Proprietary Platform | No | Yes | Yes |
| Desktop Platform (Windows) | Yes | No | Yes |
| Web Platform | Yes | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No | Yes |
| Regulatory Licenses | XM Group | Trade Nation | AvaTrade |
|---|---|---|---|
| Tier-1 Licenses | 2 | 2 | 4 |
| ASIC Authorised (Australia) | Yes | Yes | Yes |
| IIROC Authorised (Canada) | No | No | Yes |
| FCA Authorised (U.K.) | Yes | Yes | No |
| SFC Authorised (Hong Kong) | No | No | No |
| MAS Authorised (Singapore) | No | No | No |
| FINMA Authorised (Switzerland) | No | No | No |
| CFTC Registered (USA) | Yes | No | No |
| Tier-2 Licenses | 1 | 1 | 3 |
| Tier-3 Licenses | 1 | 1 | 1 |
| Research, Education | XM Group | Trade Nation | AvaTrade |
|---|---|---|---|
| Trading Central (Recognia) | Yes | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes | Yes |
| Daily Market Commentary | Yes | No | Yes |
| Autochartist | Yes | No | No |
| Investor Dictionary (Glossary) | No | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes | Yes |
| Client Webinars (Archived) | No | No | Yes |
| Trading Costs | XM Group | Trade Nation | AvaTrade |
|---|---|---|---|
| Minimum Initial Deposit | $5 | $0 | $100 |
| Average Spread EUR/USD - Standard | 1.6 (Aug 2020) | 0.6 | 0.91 (Aug 2020) |
| All-in Cost EUR/USD - Active | 0.8 (Aug 2021) | 0.6 | 0.61 (Aug 2020) |
| Active Trader or VIP Discounts | No | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | No | Yes |
| Trading Tools | XM Group | Trade Nation | AvaTrade |
|---|---|---|---|
| Watchlists - Total Fields | 7 | 12 | 6 |
| Mobile Watchlist | Yes | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 35 | 90 |
| Mobile Charting - Indicators / Studies | 30 | 95 | 73 |
| Trust Factors | XM Group | Trade Nation | AvaTrade |
|---|---|---|---|
| Year Founded | 2009 | 2014 | 2006 |
| Publicly Traded (Listed) | No | No | No |
| Bank | No | No | No |
| Authorised in European Union | Yes | No | Yes |
| Trust Score | 90 | 80 | 93 |
