Trade Nation vs Fondex
Trade Nation or Fondex – which is better for UK traders 2024? Compare Trade Nation and Fondex in this detailed breakdown of their platforms, features and fees.
Trade Nation | Fondex |
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Trade Nation is ranked #18 among CFD brokers. | Fondex is ranked #97 among CFD brokers. |
Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions including the UK and Australia. The firm offers low-cost fixed and variable spreads on 1000+ assets with robust trading platforms and training materials. The Signal Centre can also be used for trade ideas. |
Fondex has closed or no longer accepts UK clients.
Fondex now trade under the name TopFX
Fondex is an award-winning forex and CFD broker with industry low trading costs. |
67.3% of retail investor accounts lose money when trading CFDs with this provider. | 76.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
Yes | No |
Instruments | |
Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only) | Forex, CFDs, ETFs, indices, shares, energies, metals, cryptocurrencies |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $0 |
Payment Methods | |
Minimum Trade | |
0.1 Lots | 0.01 Lots |
Regulator | |
FCA, ASIC, FSCA, SCB, FSA | FSA, CySEC |
Mobile Apps | |
iOS & Android | iOS & Android |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
Yes | No |
MetaTrader 5 | |
No | No |
cTrader | |
No | Yes |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | Yes |
eSignal | |
No | No |
Trading Central | |
No | Yes |
STP Account | |
Yes | Yes |
ECN Account | |
No | Yes |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Yes (cBots) |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
Trade Nation Seychelles offers signals and copy trading. These are attractive options for beginners and those looking to a hands-off approach to online trading. You can leverage the expertise of seasoned traders to speculate on popular financial markets, including forex, stocks and commodities. | Fondex offers a top-rated copy trading solution where beginners can mirror the buy and sell positions of experienced investors. |
Social Trading | |
No | No |
Trade Signals | |
Yes | Yes |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | $5 |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
Trade leveraged CFDs on over 1000 assets with low-cost spreads. You can also take advantage of the broker's integrated signals to help you determine when to enter and exit positions. | Fondex offers leveraged CFDs on a wide range of popular financial markets. |
Leverage | |
1:500 (entity dependent) | 1:500 |
FTSE Spread | |
From 0.4 | 1.8 |
GBPUSD Spread< | |
From 0.6 | 0.8 |
Oil Spread | |
From 3.0 | 3.4 |
Stocks Spread | |
Variable | From 0.01 |
Forex | |
Trade Nation offers over 30 of the most popular forex pairs with variable spreads. Traders can access a slick proprietary platform or MetaTrader 4, with real-time forex market updates and insights via 'Smart News'. | Fondex offers trading opportunities on 80 currency pairs, including majors. |
Assets | |
33 | 80+ |
GBPUSD Spread | |
Variable | 0.8 |
EURUSD Spread | |
Variable | 0.45 |
EURGBP Spread | |
Variable | 0.56 |
Currency Indices | |
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Cryptocurrency | |
Cryptocurrencies are available through the broker's Bahamas entity. Traders can access thousands of indicators to tailor their crypto trading strategies and there are no hidden charges. | Trade cryptocurrencies on the cTrader platform. |
Spread | |
Fixed | From 0.5 pips |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Trade Nation | Fondex |
67.3% of retail investor accounts lose money when trading CFDs with this provider. | 76.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
More Comparisons | |
Trade Nation vs |
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