Trade Nation vs UFX

Trade Nation or UFX – which is better for UK traders 2024? Compare Trade Nation and UFX in this detailed breakdown of their platforms, features and fees.

Trade Nation vs UFX Comparison Table 2024
Trade Nation UFX
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4.4
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0.8
Trade Nation is ranked #18 among CFD brokers. UFX 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.
UFX has closed or no longer accepts UK clients.
UFX are forex trading specialists that also offer popular stocks, ETFs, indices, and commodities. Offering tight spreads and one of the best ranges of major and minor pairs, they are a great option for aspiring FX investors.
67.3% of retail investor accounts lose money when trading CFDs with this provider.
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
  • Regulatory oversight
  • Full range of investments
  • Multiple payment methods offered
  • Low minimum deposit
  • Demo account
Cons
  • Fewer legal protections with offshore entity
  • No copy trading
  • No MT4 integration
Awards
  • Best Forex Trading Tools - MassInsights™ Technology - UK Forex Awards Winner 2016 & 2017
  • FX Director of the Year - Dennis de Jong - The European 2016 & 2017
  • FX Broker of the Year - The European 2016 & 2017
  • Best Trader Loyalty Programme - UFX Rewards - FX Report Awards 2016
  • Best Trading Platform - MassInsights™ Technology - FX Report Awards 2016
FCA Regulated
Yes No
Instruments
Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only) ETFs, Commodities, Forex, Stocks, Indices, CFDs
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Minimum Trade
0.1 Lots $1
Regulator
FCA, ASIC, FSCA, SCB, 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 No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No Yes
STP Account
Yes Yes
ECN Account
No No
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 No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
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.
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $100
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • SEK
  • NOK
  • DKK
  • USD
Commodities
  • Gold
  • Silver
  • Aluminium
  • Copper
  • Zinc
  • Oil
  • Corn
  • Oil
  • Gold
  • Palladium
  • Platinum
  • Silver
  • 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. Invest in various markets without owning the underlying asset. Also trade with leverage.
Leverage
1:500 (entity dependent) 1:30
FTSE Spread
From 0.4 Variable
GBPUSD Spread<
From 0.6 3 - 5 pips
Oil Spread
From 3.0 5 - 8 pips
Stocks Spread
Variable Variable
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'. Trade over 60 forex pairs with advanced analysis tools.
Assets
33 65+
GBPUSD Spread
Variable 3 - 5 pips
EURUSD Spread
Variable 2 - 4 pips
EURGBP Spread
Variable 4 - 5 pips
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.
Spread
Fixed
Coins
  • BTC
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Trade Nation UFX
67.3% of retail investor accounts lose money when trading CFDs with this provider.
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