Trade Nation vs Interactive Brokers

Trade Nation or Interactive Brokers – which is better for UK traders 2025? Compare Trade Nation and Interactive Brokers in this detailed breakdown of their platforms, features and fees.

Trade Nation vs Interactive Brokers Comparison Table 2025
Trade Nation Interactive Brokers
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4.4
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4.3
Trade Nation is ranked #13 among CFD brokers. Interactive Brokers is ranked #33 among CFD brokers.
Trade Nation is a leading FX and CFD broker regulated in the UK and Australia, among other places. The company provides competitively priced fixed and variable spreads on over 1,000 assets. Traders benefit from advanced platforms and comprehensive training materials. Additionally, the Signal Centre offers valuable trade ideas. Interactive Brokers (IBKR), a leading brokerage, offers access to 150 markets across 33 countries and provides extensive investment services. With more than 40 years of experience, this Nasdaq-listed company complies with strict regulations from the SEC, FCA, CIRO, and SFC. It is among the most reliable brokers worldwide for traders.
67.3% of retail investor accounts lose money when trading CFDs with this provider.
Pros
  • A variety of trading platforms and apps, such as MT4, make the brand suitable for experienced traders.
  • Trade Nation, a highly regarded and well-regulated broker, was formerly known as Core Spreads.
  • Access a comprehensive selection of investments through leveraged CFDs, enabling both long and short strategies.
  • The trading firm provides narrow spreads and a clear pricing structure.
  • Global traders can use accounts in various currencies.
  • Beginners benefit from a modest initial deposit.
  • IBKR is a highly respected brokerage, regulated by top-tier authorities, ensuring the integrity and security of your trading account.
  • The TWS platform is tailored for intermediate and advanced traders, featuring over 100 order types and a dependable real-time market data feed with exceptional uptime.
  • Interactive Brokers has been awarded Best US Broker for 2025 by DayTrading.com. This accolade highlights its dedication to traders in the US, offering exceptionally low margin rates and access to global markets at minimal expense.
  • The new IBKR Desktop platform combines the top features of TWS with customised tools such as Option Lattice and MultiSort Screeners, providing an impressive trading experience for traders of all skill levels.
  • A wide range of third-party research subscriptions, both free and paid, are available for traders. Additionally, by subscribing to Toggle AI, traders can receive commission rebates from IBKR.
  • IBKR consistently offers unparalleled access to global equities, with thousands of shares available across over 100 market centres in 24 countries, including the recently added Saudi Stock Exchange.
  • While initially targeting seasoned traders, IBKR has recently widened its appeal by eliminating its $10,000 minimum deposit requirement.
  • IBKR offers an economical environment for traders, featuring low commissions, narrow spreads, and a clear fee structure.
Cons
  • Reduced legal safeguards with an offshore entity.
  • The learning curve for TWS is quite steep, making it tough for novice traders to navigate and grasp all its features. In contrast, Plus500's web platform is far more accessible for those new to trading.
  • IBKR offers a variety of research tools, but their inconsistent placement across trading platforms and the 'Account Management' webpage creates a confusing experience for users.
  • Support can be sluggish and frustrating. Tests reveal that you may face challenges reaching customer service quickly, which could result in delays in issue resolution.
  • You are limited to a single active session per account, meaning you cannot use both your desktop programme and mobile app at the same time. This restriction can occasionally lead to a frustrating experience for traders.
Awards
  • Best US Broker 2025 - DayTrading.com
FCA Regulated
Yes Yes
Instruments
Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Spread Betting, Cryptos (Bahamas Entity Only) Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$0 $0
Payment Methods
Minimum Trade
0.1 Lots $100
Regulator
FCA, ASIC, FSCA, SCB, FSA FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM
Mobile Apps
iOS & Android iOS & Android
Trading App
The IBKR Mobile app, for iOS and Android, transforms your phone into a robust portal to access your IBKR accounts. It allows users to monitor portfolios, execute trades, view real-time quotes and charts, and manage account activities seamlessly. With its intuitive design, the app is particularly user-friendly for novices, offering a simpler experience compared to the advanced TWS platform.
iOS App Rating
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4.1
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4.3
Android App Rating
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rating full
3.5
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4.5
Margin Trading
Yes Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No Yes
TradingView
No Yes
Autochartist
No No
eSignal
No Yes
Trading Central
No Yes
STP Account
Yes Yes
ECN Account
No No
DMA Account
No Yes
MAM Account
No Yes
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No Yes
Negative Balance Protection
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Capitalise.ai & TWS API
Copy Trading
Yes No
Copy Trading Platform
Trade Nation Seychelles provides signals and copy trading, appealing to novices and those preferring a passive trading strategy. Capitalise on experienced traders' insights to engage in popular financial markets like forex, stocks, and commodities.
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • SEK
  • NOK
  • DKK
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • INR
  • JPY
  • SEK
  • NOK
  • DKK
  • CHF
  • AED
  • HUF
Commodities
  • Gold
  • Silver
  • Aluminium
  • Copper
  • Zinc
  • Oil
  • Gold
  • Zinc
  • Aluminium
  • Natural Gas
  • Soybeans
  • Lead
  • Precious Metals
  • Lean Hogs
CFD
Trade leveraged CFDs on 1,000+ assets, benefiting from competitive spreads. Utilise the broker's integrated signals to decide optimal entry and exit points. The platform provides access to over 8,000 CFDs across stocks, indices, forex, and commodities. Suited for experienced traders, the TWS platform includes more than 100 order types and algorithms. It also delivers top-tier market data from trusted sources like Reuters and Dow Jones.
Leverage
1:500 (entity dependent) 1:50
FTSE Spread
From 0.4 0.005% (£1 Min)
GBPUSD Spread<
From 0.6 0.08-0.20 bps x trade value
Oil Spread
From 3.0 0.25-0.85
Stocks Spread
Variable 0.003
Forex
Trade Nation provides more than 30 popular forex pairs with variable spreads. Traders can choose between a user-friendly proprietary platform and MetaTrader 4. Real-time forex market updates and insights are available through 'Smart News'. IBKR offers a vast range of over 100 forex pairs, including major, minor, and exotic currencies, outstripping most competitors except CMC Markets. Trading is available across multiple platforms with institutional-grade spreads beginning at 0.1 pips. There are also 20 sophisticated order types, such as brackets, scale, and one-cancels-all (OCA) orders, enhancing trading strategies.
Assets
33 100+
GBPUSD Spread
Variable 0.08-0.20 bps x trade value
EURUSD Spread
Variable 0.08-0.20 bps x trade value
EURGBP Spread
Variable 0.08-0.20 bps x trade value
Cryptocurrency
The broker’s Bahamas entity facilitates access to cryptocurrencies. Traders can utilise a vast array of indicators to customise their strategies, with transparent pricing and no hidden fees. IBKR offers access to Bitcoin, Bitcoin Cash, Ethereum, and Litecoin at attractive commission rates without the need for a crypto wallet. Furthermore, traders can explore a variety of assets, including crypto indices like the NYSE Bitcoin Index, and futures contracts such as BAKKT Bitcoin Futures.
Spread
Fixed 0.12%-0.18%
Coins
  • BTC
  • ETH
  • LTC
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Trade Nation Interactive Brokers
67.3% of retail investor accounts lose money when trading CFDs with this provider.
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