FxPro vs Trade Nation: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeFxProTrade Nation
Licence Score68Strong67Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record55
1 FCA United Kingdom Licensed · FRN 509956Licensed
1 ASIC Australia —Licensed
2 CySEC Cyprus Licensed · Licence 078/07—
2 FSCA South Africa Licensed · FSP 45052Licensed
3 SCB Bahamas LicensedLicensed
4 FSA (Seychelles) Seychelles LicensedLicensed
Founded20062014
HeadquartersCyprusUnited Kingdom
TypeForex & CFD brokerSpread betting & CFD provider
Publicly listedNoNo
PlatformsMT4, MT5, cTrader, ProprietaryProprietary, MT4, TradingView
Minimum depositUS$100No minimum
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Frequently asked questions

Is FxPro or Trade Nation better regulated?

FxPro has the higher Licence Score (68 vs 67), based on the number and tier of licences, operating history and public listing.

Which regulators license both FxPro and Trade Nation?

Both are matched to licences from FCA, FSCA, SCB and FSA (Seychelles).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.