Head-to-head broker comparison

MG FOREX vs Trade Nation

A side-by-side look at MG FOREX and Trade Nationusing the data we hold on each — score, regulators, platforms, minimum deposit, spreads and leverage. Blank fields mean we have nothing verified on record, not a “no”.

MG FOREX logo

MG FOREX

Score 7.6

Competitive forex and CFD trading for beginners and pros alike

Trade Nation logo

Trade Nation

Score 9.09

ASIC-regulated trading with spreads from 0.0 pips

MG FOREX vs Trade Nation: the short verdict

Trade Nation carries the higher overall score of the two — 9.09 against MG FOREX's 7.6. Trade Nation lists more regulators than MG FOREX (5 to 1), including ASIC, FCA and FSA. Both run on MetaTrader 4. MG FOREX additionally lists MetaTrader 5; Trade Nation lists Proprietary platform and Web-based. MG FOREX is the longer-established of the two, trading since 1992 against 2014 for Trade Nation.

Side-by-side comparison

MG FOREX compared with Trade Nation
FeatureMG FOREXTrade Nation
Min Deposit$0$0
Raw Spread100$Undisclosed
Max Leverage400:1Varies by jurisdiction and account type
RegulationsFCAASIC, FCA, FSA, +2 others
PlatformsMT4, MT5MetaTrader 4, Proprietary platform, +1 others
Islamic AccNoNo
Copy TradingYesNo
Overall rating7.69.09

This comparison is an independent directory listing, not financial advice or a recommendation. Trading forex and CFDs carries a significant risk of loss. Always verify a broker's regulatory status with the official authority before depositing.

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