Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.
| FP Markets | Trade Nation | |
|---|---|---|
| Overall score | 3.59 / 5 | 3.33 / 5 |
| Regulation | CySEC No. 371/18 + FSA Seychelles No. SD130 FP Markets group also holds a Seychelles FSA licence and a Saint Lucia registration, both offshore and excluded here. |
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 | First Prudential Markets Ltd | Trade Nation Financial Markets Limited |
| Founded | 2005 | 2014 |
| Headquarters | Sydney, Australia | London, UK |
| Minimum deposit | $100 | Not independently confirmed |
| Avg. spread (EUR/USD) | 1 pips | Not independently confirmed |
| Platforms | MT4, MT5, cTrader, TradingView | MT4, TradingView, Proprietary (TN Trader) |
| Other Tier-1 regulators | ASIC, FSCA | ASIC, FSCA |
| Instruments | 10,000+ instruments across forex, indices, commodities and shares CFDs (plus direct Australian share trading via the third-party IRESS platform) | 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 FP Markets | Visit Trade Nation |
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