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CMC Markets vs Trade Nation : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

CMC Markets

CMC Markets

VS
Trade Nation

Trade Nation

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

Market maker

Years of Existence / Established Year

1989

2014

Customer Base / Number of Accounts

265k+

No information


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Regulation & Security

Regulations (governing bodies)

FCA, ASIC, CIRO, MAS, FMA

FCA, ASIC, FSA, SCB, and FSCA

Awards Won (count for the last 2 years)

Best Mobile Trading Platform, No.1 Most Currency Pairs, Best for CFDs -2024, No.1 Web Platform, Best Forex Broker, Best In-House Analysts 2023

Best Global MT4 broker, Best Trading Platform 2023, Best Spread Betting Provider 2024

Security Measures

FSCS

No

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

12,000+ tradable instruments including shares, Treasuries

1000+ assets types

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

No

Stocks

No

Yes

Options

No

No

Futures

No

No

Bonds

Yes

No

Mutual Funds

No

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

No

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

No

No

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

CMC web platform, iOS and Android app

TN trader

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Spread betting, CFD account , FX active, Corporate account

Standard and Professional

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$0

$0

Leverage Available

30:1 to 1:500

1:5 to 1:200

Trade Limit (maximum per trade)

No information

Depends on asset types

Commission (per account type)

Standard - No commission, FX active account- $2.50

$0

Best Suited For (e.g., beginners, experienced traders)

Professional and retail traders

Beginner to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Bank transfer, Debit/credit card, Online banking

Credit and debit cards, e-wallets, bank transfers, cryptocurrency, and some local payment methods

Withdrawal Methods

Bank transfer, Debit/credit card, Online banking

Credit and debit cards, e-wallets, bank transfers, cryptocurrency, and some local payment methods

Other E-Wallets Supported

No

Skrill, Neteller, Crypto, Grab Pay, M Pesa


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Learn spread betting, Learn to trade CFDs, Learn forex trading, technical indicators, Fundamental analysis, Webinars & events, Platform guides, Trading guides

Trading Academy Online Courses, Market Insights and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, Trader's Blog Market News and Updates


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Fees & Commissions

Trading-Related Fees

CFD trading -US shares from $10; FX active - US shares from $10; Typical STP: Spread of 1.2 pips, Typical ECN: Spread of 0.2 pips, Spread- starts from 0.0 to 0.6 pips, Overnight holding costs: 0.0027%

Commission-$0

Spread (typical, fixed, variable)

Fixed/Variable

Fixed

Per Lot Fees

$2.50

NA

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

$5.00 per $100,000 in nominal value

NA

Guaranteed Stop Loss Fees

Crude Oil Brent $0.02 per unit, Apple Inc $0.41 per unit, US 30 $1.50 per unit, GBP/USD $0.00015 per

NA

Maximum Leverage

1:500

1:200


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

ASX Dynamic Data package $41.25 a month (non-professional investors) $118.80 a month, International Data service fees (US) $11, International Data service fees (NZ) $11, Live Data package Free

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

$0

NA

Account Maintenance Fee

NA

NA

Deposit Fee

$0

$0

Currency Conversion Fee

0.50%

NA

Withdrawal Fee

$0

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

Forex- 24 hours a day, five days a week, Stocks- Monday through Friday from 9:30 a.m. to 4 p.m. ET, typically closed on weekends and U.S. national holidays


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

Monday to Friday from 8am to 8pm

24/5

Customer Support Methods (phone, email, live chat)

Email: [email protected], Phone: +44 (0)20 7170 8200

Email: [email protected], Phone: +44 (0) 203 180 5952, Live chat

Support Languages

12+

19+


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Additional Information

Headquarters Location

CMC Markets UK plc, 133 Houndsditch, London, EC3A 7BX, United Kingdom

9th Floor, 30 Crown Place, London, EC2A 4ES, United Kingdom

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Both CMC Markets and Trade Nation offer affordable fee structures, but CMC Markets generally edges out with no inactivity fees and lower commissions on standard trades, whereas Trade Nation shines with bundled research and platform access.
CMC Markets gets you trading faster thanks to its minimal entry barriers. In comparison, Trade Nation account setup is slower but includes extra layers of financial screening and suitability assessments.
CMC Markets integrates well with algorithmic trading tools and third-party plugins. In contrast, Trade Nation emphasizes educational content and built-in research features within its platform.
If you're after professional-grade platforms, CMC Markets may be ideal. For casual investors, Trade Nation offers a low-barrier entry.