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

Broker Name

FP Markets

Trade Nation

Broker Overview

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

ECN broker

Market maker

Years of Existence / Established Year

2005

2014

Customer Base / Number of Accounts

No information

Regulation & Security

Regulations (governing bodies)

ASIC, CySEC, FSCA, FSA, SVG

FCA, ASIC, FSA, SCB, and FSCA

Awards Won (count for the last 2 years)

Best CFD Broker - Africa, Best Trading Experience - Africa, Most Trusted Broker in 2023, Best Price Execution in 2024, Most Transparent Broker and Best Trading Conditions in 2024.

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

Security Measures

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

10,000+ trading instruments

1000+ assets types

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Futures

Bonds

Yes

Mutual Funds

Fractional Shares

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

Yes

cTrader

Yes

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

TN trader

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Forex account - Standard and raw MT4-MT5 account, Islamic forex account - Raw account and standard MT4-MT5 account

Standard and Professional

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$100

Leverage Available

500:1

1:5 to 1:200

Trade Limit (maximum per trade)

Depends on the asset type

Depends on asset types

Commission (per account type)

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

Beginners to experienced traders

Beginner to experienced traders

Deposit & Withdrawal Options

Deposit Methods

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

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

Withdrawal Methods

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

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

Other E-Wallets Supported

Skrill, Neteller, Asia bank, Stic Pay, Fasa pay, Virtual Pay, Rupee pay, Rapyd, Perfect Money, Crypto payment, Dragon Pya, Rapid transfer

Skrill, Neteller, Crypto, Grab Pay, M Pesa

Tools & Educational Resources

Economic Calendar

Yes

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

Trading courses, Live webinars, Podcasts, Trading guides, Platform tutorials, Ebooks, Trading glossary

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

Fees & Commissions

Trading-Related Fees

Forex- 3.50, Metals -3.50, Commodities- built into spread, Indices- Built into spread

Commission-$0

Spread (typical, fixed, variable)

Typical

Fixed

Per Lot Fees

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

500:1

1:200

Non-Trading Fees

Dormant Fees

Subscription Fees (for premium features, data feeds)

Advisory Fees

$70

Swap Fees (Overnight Financing)

Long- $5.79, short- $2.59

Yes

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

Deposit Fee

Currency Conversion Fee

Starts from 0.06 to 0.30 %

Withdrawal Fee

Upto $50

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

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

Customer Support

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

24/7

24/5

Customer Support Methods (phone, email, live chat)

Phone: Toll-free: +44 28 2544 7780, E-mail: [email protected], Live chat

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

Support Languages

12+

19+

Additional Information

Headquarters Location

Sydney,Australia

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

Complaints (for crypto brokers)

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.

If minimizing trading costs is your top priority, FP Markets might be more attractive due to its lower commissions. Meanwhile, Trade Nation justifies its moderate fees with more robust tools and professional-grade features.

If speed and simplicity matter to you, FP Markets delivers a streamlined account setup. In contrast, Trade Nation includes more documentation and KYC checks, which can delay access but ensures strong compliance.

While FP Markets focuses on mobile-first design and clean user experience, Trade Nation includes features like in-depth charting, integrated news feeds, and strong desktop performance.

FP Markets is geared toward frequent trading and analytics, while Trade Nation fits those who value simplicity and guided experiences.

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