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 vs Fondex Comparison Table 2024
Trade Nation Fondex
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4.4
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3.5
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
  • A choice of trading platforms and apps, including MT4, make the brand a good fit for savvy traders
  • Trade Nation is a multi-regulated and respected broker that previously operated as Core Spreads
  • Full range of investments via leveraged CFDs for long and short opportunities
  • The trading firm offers tight spreads and a transparent pricing schedule
  • Multiple account currencies are accepted for global traders
  • There is a low minimum deposit for beginners
  • Full range of investments
  • Multiple account currencies
  • Multiple payment methods
  • Low minimum deposit
  • Copy trading
  • Demo account
  • Regulated
Cons
  • Fewer legal protections with offshore entity
  • No MT4 integration
Awards
  • Best cTrader Broker, 2020
  • Best Technology Corporate Leadership, 2019
  • Best FX Trading Platform, 2018
  • Best Trade Execution, 2018
  • Best Partner Program, 2017
  • Best Retail Platform, 2017
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
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4.1
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Android App Rating
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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
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • SEK
  • NOK
  • DKK
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Commodities
  • Gold
  • Silver
  • Aluminium
  • Copper
  • Zinc
  • Oil
  • Gold
  • Silver
  • Platinum
  • Palladium
  • Precious Metals
  • Oil
  • Natural Gas
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
  • USD
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
  • BTC
  • ETH
  • LTC
  • BTC
  • XRP
  • ETH
  • LTC
  • DSH
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.
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