BROKER COMPARISON TOOL

Exness vs Trade Nation

Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.

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	Exness	Trade Nation
Overall score	3.97 / 5	3.33 / 5
Regulation	CySEC No. 178/12 + FCA-licensed (FRN unconfirmed) + FSA Seychelles No. SD025 Exness Group also holds licences in Seychelles (FSA), Mauritius (FSC), BVI (FSC), Curacao (CBCS), Jordan and the UAE, but these are not on the approved Tier-1 list so are excluded here. FCA-licensed via Exness (UK) Ltd; per Exness's own disclosures this entity does not serve retail clients -- confirm current status before relying on it.	EU-regulated (MiFID passporting) + FCA No. 525164 + FSA Seychelles-licensed (licence number unconfirmed) Regulated directly in the EU via Portugal's CMVM (not CySEC/Cyprus), alongside the FCA (UK), ASIC (Australia), and the FSCA (South Africa). Also holds a Bahamas SCB registration, not Tier-1 and excluded here. FSA Seychelles-licensed, per the official FSA Capital Markets register; licence number not independently confirmed.
Entity	Exness (Cy) Ltd	Trade Nation Financial Markets Limited
Founded	2008	2014
Headquarters	Limassol, Cyprus	London, UK
Minimum deposit	$10 (varies by payment method; some methods allow as low as $1)	Not independently confirmed
Avg. spread (EUR/USD)	0.2 pips	Not independently confirmed
Platforms	MT4, MT5, Proprietary (Exness Terminal)	MT4, TradingView, Proprietary (TN Trader)
Other Tier-1 regulators	FSCA, CMA	ASIC, FSCA
Instruments	100+ instruments across forex, indices, commodities, stock and crypto CFDs	1,000+ instruments (a marketing claim; count not independently verified) across forex (30-35+ pairs), indices (20-40+), a small commodities range (mainly metals/energy), and shares (hundreds, across UK/Europe/Asia/US); crypto CFDs are offered only via its Bahamas/Seychelles entities, not on the UK consumer site.
Visit	Visit Exness	Visit Trade Nation

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How this score is calculated: Nine weighted categories against a fixed, disclosed rubric -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5% -- not a ranking relative to other brokers, and not hands-on tested. See the full methodology. Verify current terms directly with the broker and its regulator's public register before depositing funds. This is not personalized financial advice.