Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.
| Trade Nation | Interactive Brokers | |
|---|---|---|
| Overall score | 3.33 / 5 | 4.08 / 5 |
| Regulation | 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. |
FCA No. 208159 |
| Entity | Trade Nation Financial Markets Limited | Interactive Brokers (U.K.) Limited |
| Founded | 2014 | 1978 |
| Headquarters | London, UK | Greenwich, Connecticut, USA |
| Minimum deposit | Not independently confirmed | Not independently confirmed |
| Avg. spread (EUR/USD) | Not independently confirmed | Not independently confirmed |
| Platforms | MT4, TradingView, Proprietary (TN Trader) | TWS (Trader Workstation), IBKR Desktop, IBKR Mobile, Client Portal (WebTrader) |
| Other Tier-1 regulators | ASIC, FSCA | NFA/CFTC (US), ASIC, CIRO, MAS, DFSA |
| Instruments | 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. | No single total-instrument count published by the broker; stocks, options, futures, forex, bonds (1,000,000+ bonds), and mutual funds (500+ fund families) across 170+ markets in roughly 40 countries, per IBKR's own fact sheet. |
| Visit | Visit Trade Nation | Visit Interactive Brokers |
Full Trade Nation review → · Full Interactive Brokers review → · Compare different brokers →