Trade Nation vs ForexMart Broker Comparison

Are you trying to figure out which is a better broker, Trade Nation or ForexMart? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that ForexMart is the better of the two. ForexMart offers 300+ instruments, licenses from FCA, CySec, and fair trading fees.

In the tables below, you can compare the features of Trade Nation and ForexMart side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked ForexMart higher than Trade Nation.

Rating
91/100
95/100
Min. Deposit
1$
Regulated By
FCAFCA
FSCAFSCA
ASICASIC
FCAFCA
CySecCySec
Bonus
No Information
30%
Min. Spread
1.5
Max. Leverage
1:200
500:1
Currency Pairs
33
100
Trading Instruments
2,500
300+
Trading Platforms
MT4, WebTrader
MT4, mobile, WebTrader
Deposit Methods
Bank Transfer, Debit cards, Credit Cards, Skrill
Bank transfer, Visa, Mastercard, Maestro,
Type of Brokers
Market Maker
ECN Broker
Customer Support
24/5
25/7
Language Support
1
16
Established
2014
-
Used By
10,000+ Traders

Does Trade Nation or ForexMart have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive Trade Nation and ForexMart are, we first considered the common fees on Standard Accounts. At Trade Nation the average spread for the EUR/USD currency pair is 1.5 pips, whilst at ForexMart the spread is .

This shows that ForexMart is the better option for low-cost forex trading.

When it comes to non-trading fees, Trade Nation charges for . ForexMart charges for withdrawal. With this in mind, Trade Nation has lower non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that ForexMart is the better option.

Trading Fees*

*Based on Standard account type.

Non-Trading Fees

Which broker is safer, Trade Nation or ForexMart?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

Trade Nation is regulated by FCA, FSCA, ASIC, SCB, FSP and offers client protection. ForexMart is regulated by FCA, CySec and offers client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that ForexMart is the safer broker.

Broker summary

How many trading instruments are available at Trade Nation and ForexMart?

Trade Nation provides traders with 2,500 instruments. This includes 33 currency pairs, 0 cryptocurrencies, and 2000+ stocks and shares. With Trade Nation, you can also trade CFDs.

In comparison, ForexMart boasts 300+ tradable instruments. ForexMart offers 100 currency pairs, 1 cryptocurrencies, and 1 stocks and shares. ForexMart does not allow CFD trading.

As both brokers offer the same total number of instruments, both are great choice if you are wishing to diversify your trading portfolio.

Markets and Products

Which broker offers the best trading platform, Trade Nation or ForexMart?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

Trade Nation provides you with the ability to trade via 2 trading platforms, and ForexMart has 3 trading platforms. Both brokers also offer research and trading tools, however Trade Nation has more.

Overall, our experts agree that ForexMart boasts the better trading platform offering.

Research Tools

Which is better for beginners, Trade Nation or ForexMart?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that ForexMart is the better broker for beginner traders as it offers a larger range of educational tools and materials. ForexMart also has a minimum deposit of $.

Educational Features

Which broker is better overall?

Overall, our tested reviewing methodology proves that ForexMart is the better broker in a range of key areas. You can learn more by reading our Trade Nation and ForexMart reviews.

Trade Nation vs ForexMart
Trade Nation
91
Points
ForexMart
95
Points
Overall
4 points
Trade Nation
90
Points
ForexMart
95
Points
Commissions & Fees
5 points
Trade Nation
92
Points
ForexMart
95
Points
Licensing & Safety
3 points
Trade Nation
92
Points
ForexMart
95
Points
Trading Platforms & Tools
3 points
Trade Nation
88
Points
ForexMart
95
Points
Payments
7 points
Trade Nation
85
Points
ForexMart
95
Points
Customer Service
10 points
Trade Nation
85
Points
ForexMart
95
Points
Educational
10 points
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