OspreyFX vs Trade Nation Broker Comparison

Are you trying to figure out which is a better broker, OspreyFX or Trade Nation? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that Trade Nation is the better of the two. Trade Nation offers 2,500 instruments, licenses from FCA, FSCA, ASIC, SCB, FSP, and fair trading fees.

In the tables below, you can compare the features of OspreyFX and Trade Nation 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 Trade Nation higher than OspreyFX.

Rating
90/100
91/100
Min. Deposit
25$
Regulated By
FCAFCA
FSCAFSCA
ASICASIC
Bonus
N/A
No Information
Min. Spread
1.5
Max. Leverage
1:500
1:200
Currency Pairs
50
33
Trading Instruments
200+
2,500
Trading Platforms
MT4, MT5, WebTrader
MT4, WebTrader
Deposit Methods
Bank Transfer, Debit cards, Credit Cards, Skrill
Bank Transfer, Debit cards, Credit Cards, Skrill
Type of Brokers
Market Maker
Market Maker
Customer Support
24/7
24/5
Language Support
3
1
Established
2018
2014
Used By
300,000+ Traders
10,000+ Traders

Does OspreyFX or Trade Nation 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 OspreyFX and Trade Nation are, we first considered the common fees on Standard Accounts. At OspreyFX the average spread for the EUR/USD currency pair is pips, whilst at Trade Nation the spread is 1.5.

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

When it comes to non-trading fees, OspreyFX charges for . Trade Nation charges for . With this in mind, both brokers offer similar non-trading fees.

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

Trading Fees*

*Based on Standard account type.

Non-Trading Fees

Which broker is safer, OspreyFX or Trade Nation?

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.

OspreyFX is regulated by and does not offer client protection. Trade Nation is regulated by FCA, FSCA, ASIC, SCB, FSP and does not offer client protection.

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

Broker summary

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

OspreyFX provides traders with 200+ instruments. This includes 50 currency pairs, cryptocurrencies, and stocks and shares. With OspreyFX, you cannot trade CFDs.

In comparison, Trade Nation boasts 2,500 tradable instruments. Trade Nation offers 33 currency pairs, 0 cryptocurrencies, and 2000+ stocks and shares. Trade Nation also allows CFD trading.

As Trade Nation has 2,500 and OspreyFX has 200+, a difference of 198, this shows that Trade Nation offers more opportunities to diversify your trading portfolio.

Markets and Products

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

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.

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

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

Research Tools

Which is better for beginners, OspreyFX or Trade Nation?

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 is the better broker for beginner traders as it offers a larger range of educational tools and materials. also has a minimum deposit of $.

Educational Features

Which broker is better overall?

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

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