Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.
| GBE Brokers | Trade Nation | |
|---|---|---|
| Overall score | 3.41 / 5 | 3.33 / 5 |
| Regulation | CySEC No. 240/14 + FSA Seychelles No. SD176 BaFin registration covers GBE Brokers' Hamburg, Germany branch. |
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 | GBE Brokers Ltd | Trade Nation Financial Markets Limited |
| Founded | 2014 | 2014 |
| Headquarters | Limassol, Cyprus (with a branch office in Hamburg, Germany) | London, UK |
| Minimum deposit | €1,000 / $1,000 / CHF 1,000 (Classic account) | Not independently confirmed |
| Avg. spread (EUR/USD) | 0.7 pips | Not independently confirmed |
| Platforms | MT4, MT5, TradingView | MT4, TradingView, Proprietary (TN Trader) |
| Other Tier-1 regulators | BaFin | ASIC, FSCA |
| Instruments | Forex plus CFDs on indices, commodities and stocks (1,000+ instruments claimed via MT5) | 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 GBE Brokers | Visit Trade Nation |
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