Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.
| Trade Nation | Pepperstone | |
|---|---|---|
| Overall score | 3.33 / 5 | 3.75 / 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. |
CySEC No. 388/20 + FCA No. 684312 + FSA Seychelles-licensed (licence number unconfirmed) FSA Seychelles-licensed via Pepperstone International Markets Limited; exact SD number not independently confirmed |
| Entity | Trade Nation Financial Markets Limited | Pepperstone EU Limited |
| Founded | 2014 | 2010 |
| Headquarters | London, UK | Melbourne, Australia |
| Minimum deposit | Not independently confirmed | $10 |
| Avg. spread (EUR/USD) | Not independently confirmed | 1.1 pips |
| Platforms | MT4, TradingView, Proprietary (TN Trader) | MT4, MT5, cTrader, TradingView |
| Other Tier-1 regulators | ASIC, FSCA | ASIC, 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. | 1,300+ instruments across forex, indices, commodities, shares |
| Visit | Visit Trade Nation | Visit Pepperstone |
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