Totality vs Trade Nation - BrokerCue
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Broker Comparison

Totality vs Trade Nation

Compare Totality and Trade Nation side by side: fees, regulation, platforms.

Totality

Totality

Australian investors and active multi-asset traders

Totality is an Australian multi-asset broker, formerly Saxo Australia, offering stocks, ETFs, bonds, FX, CFDsโ€ฆ

VS
Trade Nation

Trade Nation

Low-cost fixed-spread traders

Trade Nation is a UK-regulated forex and CFD broker founded in 2014, offering fixed spreads, zero commissionsโ€ฆ

Head-to-head comparison

Totality vs Trade Nation
Feature Totality Trade Nation
Minimum deposit Zero minimum deposit -
Stock trading fee Brokerage from $1 on US stocks; ASX from 0.03%, min. 3 AUD; NYSE from 0.03%, min. 1 USD Fixed add-on spread applied to the underlying bid-offer spread; commissions on ASX-listed stocks only
Regulators ASIC FCA, ASIC, FSCA, SCB, FSA
Best for Australian investors and active multi-asset traders Low-cost fixed-spread traders
Markets & account
Stocks
ETFs
-
Forex
CFDs
Crypto
Bonds
Options
-
Futures
-
Margin
-
Multi Currency
-
Business Account
-
Demo Account
Spread Betting
-

Pros & cons

Totality

Totality

Pros

  • Zero minimum deposit lowers the cash barrier to start
  • No account maintenance or inactivity fees
  • US stock and ETF brokerage starts from $1
  • ASX stocks and ETFs from 0.03%, min. 3 AUD
  • Foreign currency sub-accounts are free to open
  • 11 currency sub-accounts can reduce repeated FX conversions
  • 20-day demo includes a simulated USD 100,000 account
  • Position transfers between Totality sub-accounts are free

Cons

  • Transfers out cost AUD 50 per ISN, capped at AUD 200
  • FX conversion costs up to plus/minus 0.45 percent
  • Saxo-branded platforms were retired on 1 April 2026
  • Some features, such as level 2 market data, require a subscription
  • Classic negative NFE is charged at Totality Ask + 8%
  • Crypto funding and withdrawals are not supported
Trade Nation

Trade Nation

Pros

  • No commissions on most instruments
  • No deposit or withdrawal fees
  • No inactivity fee
  • Fixed spreads available on major forex and indices
  • Regulated by FCA and ASIC - top-tier authorities
  • Spread betting available for UK and Ireland residents
  • Free demo account with no registration required
  • Three trading platforms including TradingView integration

Cons

  • Fixed spreads only guaranteed during standard market hours
  • No MetaTrader 5 support
  • Crypto trading restricted to Bahamas (SCB) entity - fewer protections
  • Loyalty cashback scheme unavailable to FCA and ASIC clients
  • Relatively limited stock selection compared to multi-asset brokers
  • Minimum withdrawal of GBP/USD/AUD 50
Totality

Totality

Totality is an Australian multi-asset broker, formerly Saxo Australia, offering stocks, ETFs, bonds, FX, CFDs, futures, options and crypto exposure on web, mobile and desktop platforms.

Your capital is at risk. Other fees apply.

Trade Nation

Trade Nation

Trade Nation is a UK-regulated forex and CFD broker founded in 2014, offering fixed spreads, zero commissions, spread betting, and three trading platforms across 1,000-plus markets.

Your capital is at risk. Other fees apply.

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