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Plus500 vs Trade Nation : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Plus500

Plus500

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

2008

2014

Customer Base / Number of Accounts

20 Million

No information


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Regulation & Security

Regulations (governing bodies)

FCA, CYSEC, ASIC, FMA, FSCA, FSP, ISA, FSA, MAS, DFSA, FSA, SCB

FCA, ASIC, FSA, SCB, and FSCA

Awards Won (count for the last 2 years)

Best in Class for Trust Score 2024, GLOBAL TRADING ADVFN International Financial Awards

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

Security Measures

Anti-Money Laundering

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)

2800+

1000+ assets types

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

Yes

CFDs

Yes

Yes

ETFs

No

No

Stocks

No

Yes

Options

Yes

No

Futures

Yes

No

Bonds

No

No

Mutual Funds

No

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

No

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

No

cTrader

No

No

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Mobile and web trading platform

TN trader

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Retail Account & Demo Account

Standard and Professional

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$100

$0

Leverage Available

1:30

1:5 to 1:200

Trade Limit (maximum per trade)

Depends on the asset type

Depends on asset types

Commission (per account type)

$0

$0

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

Experienced traders

Beginner to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Credit, Debit, Master card, Bank transfer, e-wallets

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

Withdrawal Methods

Credit, Debit, Master card, Bank transfer, e-wallets

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

Other E-Wallets Supported

PayPal, Skrill

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.)

Trading Academy Online Courses, Market News and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, Trader's Guide Beginner's Guide

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

Commission-$0

Commission-$0

Spread (typical, fixed, variable)

Variable

Fixed

Per Lot Fees

NA

NA

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:30

1:200


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Non-Trading Fees

Dormant Fees

$10 per month inactive for three months

$0

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

NA

NA

Account Maintenance Fee

NA

NA

Deposit Fee

$0

$0

Currency Conversion Fee

0.70%

NA

Withdrawal Fee

$0

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

No

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)

24/7

24/5

Customer Support Methods (phone, email, live chat)

Call +65 6320 1111 or +65 6320 1119, Email to Plus500's customer support, Live chat

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

Support Languages

32+

19+


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Additional Information

Headquarters Location

Menachem Begin 125 Tel Aviv, Israel.

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.
Plus500 is known for competitive pricing on basic trades, especially for beginners. However, Trade Nation fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
The account creation flow at Plus500 is modern and app-driven, making it seamless for new users. Trade Nation, however, leans toward traditional processes with forms and verifications that take more time.
While Plus500 focuses on mobile-first design and clean user experience, Trade Nation includes features like in-depth charting, integrated news feeds, and strong desktop performance.
Plus500 strength lies in high-performance trading, while Trade Nation provides a more accessible route for everyday investors.