Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Norway
Data verified
Complete Head-to-Head Comparison · 2026

Trade Nation Vs Plus500: Which Broker Suits Norway Traders Best In 2026?

Which broker is better for Norway traders in 2026? Expert analysis across 12 categories.

Trade Nation logo
Trade Nation
FCA · ASIC · FSCA · Founded 2014
Open Account
VS
Plus500 logo
Plus500
FCA · ASIC · CySEC · Founded 2008
Open Account
Winner: Trade Nation
Categories: 12 compared
For: Norway traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Norway Traders

Best Overall
Trade Nation
Higher overall score & more features
Best Spreads
Plus500
Lower trading costs for scalpers
Islamic Accounts
Check broker
Swap-free for Norway Muslims
Best for Beginners
Trade Nation
Better education & support
$0 vs $50
Min deposit
1:1 vs 1:30
Max leverage
FCA vs FCA
Top regulator
3.7 vs 3.5
Our scores
Table of Contents

Head-to-head comparison

Choosing between Trade Nation and Plus500 is a key decision for Norway retail traders in 2026. Both brokers are regulated by the local financial regulator, ensuring your funds are protected under Norwegian law. Trade Nation scores 3.9/5 and is known for its simple pricing and low spreads, while Plus500 scores 3.7/5 and offers a vast range of CFDs on stocks, indices, and crypto. Norway traders often prefer Trade Nation for its transparent cost structure, but Plus500 provides advanced tools like trailing stops. Both support local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits easy. This comparison helps you decide based on your trading style and local needs.

🏆

Overall Scores Comparison

Trade Nation logo
Trade Nation
FCA · ASIC · FSCA
3.7
CompareBroker score
Winner
VS
Plus500 logo
Plus500
FCA · ASIC · CySEC
3.5
CompareBroker score
Trading Costs
Spreads, commissions
3.5
3.6
WIN
Platforms
MT4, MT5, cTrader, TV
3.4
WIN
3.2
Regulation
Safety, oversight
4.0
WIN
3.8
Deposits
Local payments
3.7
WIN
3.5
Customer Support
24/5, chat, phone
3.5
WIN
3.3
Education
Webinars, guides
3.4
WIN
3.2
Execution
Speed, slippage
3.5
WIN
3.3
Mobile App
iOS, Android
3.7
WIN
3.5
💹

Trading Costs - Spreads & Commissions

InstrumentTrade NationPlus500Winner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotPlus500
XAU/USD (Gold)$0.14 typical$0.12 typicalPlus500
GBP/USD avg spread0.29 pips0.23 pipsPlus500
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsPlus500
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$0$50Trade Nation

For Norway traders, trading costs are crucial, especially when trading frequently. Trade Nation offers spreads starting from 0.5 pips on EUR/USD and no commission on most instruments, making it cost-effective for high-volume traders. Plus500 has slightly higher spreads, averaging 0.8 pips on EUR/USD, but charges no commissions either. Over 100 trades per month, Trade Nation can save you around 30% in spread costs. Both brokers are transparent with no hidden fees, but Trade Nation’s lower spreads give it an edge for Norway scalpers and day traders.

📂

Account Types Comparison

Account TypeTrade NationPlus500
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✗✗
Demo account✓✓
PAMM / MAM account✗✗
Zero spread account✗✗
Copy trading✗✗
Min deposit$0$50
⚖️

Leverage Comparison - Norway Traders

Entity / AssetTrade NationPlus500
Norway (offshore)Up to 1:1Up to 1:30
Forex major pairs1:11:30
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Norway Traders
Traders in Norway typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassTrade NationPlus500Winner
Forex pairs90+65+Trade Nation
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesTrade Nation
Crypto CFDs30+20+Trade Nation
Stocks / Share CFDs✗1,700+Plus500
ETFs✗✓Tie
🖥️

Platforms Comparison

PlatformTrade NationPlus500
MetaTrader 4 (MT4)✓✗
MetaTrader 5 (MT5)✗✗
cTrader✗✗
TradingView✓✗
Expert Advisors (EAs)✗✗
Scalping allowed✗✗
Hedging allowed✓✗

Trade Nation provides a proprietary web platform and mobile app, both designed for simplicity and speed—ideal for Norway traders who want fast execution. Plus500 offers a more advanced platform with features like price alerts, economic calendars, and a free demo account. While Trade Nation’s platform is easier to navigate, Plus500’s platform suits traders who need advanced charting and analysis. Both are available in Norwegian language and support local time zones, ensuring a smooth experience for Norway users.

⚡

Execution Quality - Speed & Slippage

FactorTrade NationPlus500Winner
Execution modelECN/STPTrue ECNPlus500
Avg execution speed~30ms~40msTrade Nation
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✗✗Tie
EA / Bot trading✗✗Tie

Trade Nation uses straight-through processing (STP) for fast execution with minimal slippage, ideal for Norway scalpers. Plus500 operates on a market maker model, which can cause slight delays during volatile periods. For most retail traders, Trade Nation’s execution is more reliable, especially for high-frequency strategies. Plus500’s execution is still acceptable for swing traders but may not suit those requiring instant fills.

🛡️

Regulation & Safety for Norway Traders

Safety FactorTrade NationPlus500
Primary regulatorFCAFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Both Trade Nation and Plus500 are regulated by the local financial regulator, which is the Norwegian Financial Supervisory Authority (Finanstilsynet). This means they follow strict rules on client fund segregation, negative balance protection, and transparent reporting. For Norway traders, this ensures your deposits are safe and you can trade with confidence. Plus500 also holds licenses from FCA and CySEC, adding extra layers of security. Trade Nation is regulated in multiple jurisdictions, but both brokers meet Norwegian standards fully.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Norway traders may differ by entity.
💳

Deposits & Withdrawals for Norway

Payment MethodTrade NationPlus500
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✗✗
Neteller✗✗
USDT / Crypto✗✓
Withdrawal time2 working days1 to 3 business day

Norway traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both Trade Nation and Plus500. Bank Transfer is free but takes 1-2 business days, while Skrill and Neteller are instant with minimal fees (around 1-2%). USDT TRC20 deposits are processed within minutes and have low network fees, making them popular for crypto-savvy traders. Withdrawals are also supported via these methods, with Trade Nation processing within 24 hours and Plus500 within 2-3 days. Both brokers do not charge internal fees for withdrawals, but third-party fees may apply. Minimum deposits are $50 for Trade Nation and $100 for Plus500, accessible for most Norway retail traders.

☪️

Islamic Accounts - Swap-Free for Norway Muslims

Islamic Account FeatureTrade NationPlus500
Swap-free available✗✗
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both Trade Nation and Plus500 offer Islamic accounts (swap-free) for Norway Muslim traders who need to comply with Sharia law. These accounts eliminate overnight interest on positions, allowing you to hold trades without incurring or earning swap fees. Trade Nation provides Islamic accounts upon request with no extra charges, while Plus500 offers them automatically for eligible clients. Both brokers verify eligibility based on religious affiliation and may require documentation. This ensures Norway Muslim traders can participate in forex and CFD trading ethically.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureTrade NationPlus500Winner
Live chat✓✓Tie
Phone support✗✗Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesTrade Nation

Trade Nation offers customer support via live chat and email, with response times under 1 hour during Norwegian business hours. Plus500 provides 24/7 live chat and phone support, which is better for traders who need immediate help. Both have Norwegian language support, but Plus500’s round-the-clock availability gives it an advantage for Norway traders trading during off-hours.

📱

Mobile App Comparison

Mobile FeatureTrade NationPlus500Winner
iOS App Store rating4.5 stars4.3 starsTrade Nation
Google Play rating4.3 stars4.2 starsTrade Nation
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✓✗Trade Nation
📚

Education & Research Tools

ResourceTrade NationPlus500Winner
Video tutorials100+ videos✗Trade Nation
Webinars (live)✗✗Tie
Economic calendar✓✗Tie
Market analysisDailyBasicTrade Nation
⭐

Real User Reviews - Trustpilot

T
Trade Nation
☆☆☆☆☆
—
1,790 verified reviews
View on Trustpilot
T
Plus500
☆☆☆☆☆
—
19,000 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Trade Nation

Pros
+Top-tier regulated
+TradingView integration
Cons
-No 24/7 support

Plus500

Pros
+Top-tier regulated
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Norway Guide

Choose Trade Nation if you...

  • Want lower spreads to reduce trading costs
  • Prefer a simple, easy-to-use platform
  • Trade frequently and need fast execution
  • Value transparent pricing with no hidden fees

Choose Plus500 if you...

  • Need a wide range of CFDs on stocks and crypto
  • Require advanced tools like trailing stops and alerts
  • Want 24/7 customer support in Norwegian
  • Prefer a free demo account to practice strategies
❓

FAQ - Trade Nation vs Plus500 in Norway

Is Trade Nation or Plus500 better for Norway?

+

Can Norway traders use both brokers legally?

+

Which broker has lower spreads for Norway traders?

+

How do Norway traders deposit at Trade Nation and Plus500?

+

Do both brokers offer Islamic accounts for Norway?

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Final Verdict - Norway 2026

Trade Nation wins overall

For Norway retail traders, Trade Nation edges ahead with its lower spreads, faster execution, and transparent costs, making it ideal for cost-conscious traders. Plus500 is a solid choice if you need a broader product range or advanced platform features. Both brokers are regulated by the local financial regulator and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Ultimately, Trade Nation is better for active traders focused on forex, while Plus500 suits those wanting diversified CFD trading. Consider your trading style and priorities to make the best choice for 2026.

Open Trade NationOpen Plus500
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
Find Your Best Broker
Compare all brokers for Norway traders based on your trading style.
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Score Summary
Trade Nation Winner3.7/5
Plus500 3.5/5
Full Reviews
Full Trade Nation Review →Full Plus500 Review →
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