IG vs Trade Nation
By Akash · Facts re-checked (UTC)
Here is how IG and Trade Nation compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| IG | Trade Nation | |
|---|---|---|
| Regulators | FCA | FCA |
| Minimum deposit | No minimum balance to open an account | No minimum (UK: £0.01 to £5 depending on payment method) |
| Spreads from | 0.6 pips EUR/USD (MT4, UK) | EUR/USD 0.3 (TN Trader/TradingView, fixed) |
| Commission | Commission-free on MT4 forex | No commission; spread only |
| Max leverage | 30:1 on major forex pairs for retail clients (IG Markets Ltd, UK, 3.33% margin) | 30:1 on major FX pairs (Trade Nation Financial UK Ltd, FCA) |
| Platforms | IG web platform, IG app, MetaTrader 4, MetaTrader 5, TradingView, ProRealTime | TN Trader, TradingView, MetaTrader 4 |
| Retail accounts losing money | 70% | – |
Full reviews: IG review · Trade Nation review
Frequently asked questions
What is the minimum deposit at IG and Trade Nation?
IG: No minimum balance to open an account. Trade Nation: No minimum (UK: £0.01 to £5 depending on payment method).
Are IG and Trade Nation regulated?
IG: FCA. Trade Nation: FCA.
Which has tighter spreads, IG or Trade Nation?
Published spreads start from 0.6 pips EUR/USD (MT4, UK) at IG and EUR/USD 0.3 (TN Trader/TradingView, fixed) at Trade Nation; commission: IG Commission-free on MT4 forex, Trade Nation No commission; spread only.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more