Interactive Brokers vs Trade Nation
By Akash · Facts re-checked (UTC)
Here is how Interactive Brokers and Trade Nation compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| Interactive Brokers | Trade Nation | |
|---|---|---|
| Regulators | FCA, CBI, ASIC | FCA |
| Minimum deposit | No account minimum | No minimum (UK: £0.01 to £5 depending on payment method) |
| Spreads from | – | EUR/USD 0.3 (TN Trader/TradingView, fixed) |
| Commission | 0.08 to 0.20 bps x trade size, tiered by monthly volume; minimum USD 2.00 per order at Tier I | No commission; spread only |
| Max leverage | – | 30:1 on major FX pairs (Trade Nation Financial UK Ltd, FCA) |
| Platforms | Trader Workstation (TWS), IBKR Mobile, Client Portal | TN Trader, TradingView, MetaTrader 4 |
| Retail accounts losing money | 59.7% | – |
Full reviews: Interactive Brokers review · Trade Nation review
Frequently asked questions
What is the minimum deposit at Interactive Brokers and Trade Nation?
Interactive Brokers: No account minimum. Trade Nation: No minimum (UK: £0.01 to £5 depending on payment method).
Are Interactive Brokers and Trade Nation regulated?
Interactive Brokers: FCA, CBI, ASIC. Trade Nation: FCA.
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