trade vs exchange

trade and exchange both are nouns.

Word	Noun	Adjective	Verb	Adverb
trade	Yes	No	Yes	No
exchange	Yes	No	Yes	No

As nouns, exchange is a hypernym of trade; that is, exchange is a word with a broader meaning than trade:

trade: an equal exchange
exchange: reciprocal transfer of equivalent sums of money (especially the currencies of different countries)

Other hypernyms of trade include interchange.

As verbs, exchange is a hypernym of trade; that is, exchange is a word with a broader meaning than trade:

Other hypernyms of trade include change, interchange.

As verbs, exchange is a hypernym of trade; that is, exchange is a word with a broader meaning than trade:

Other hypernyms of trade include change, interchange.

trade (noun)	exchange (noun)
the skilled practice of a practical occupation	reciprocal transfer of equivalent sums of money (especially the currencies of different countries)
the business given to a commercial establishment by its customers	the act of putting one thing or person in the place of another:
a particular instance of buying or selling	the act of changing one thing for another thing
an equal exchange	the act of giving something in return for something received
the commercial exchange (buying and selling on domestic or international markets) of goods and services	(chess) the capture by both players (usually on consecutive moves) of pieces of equal value
people who perform a particular kind of skilled work	(chess) gaining (or losing) a rook in return for a knight or bishop
steady winds blowing from east to west above and below the equator	(sports) an unbroken sequence of several successive strokes
	a workplace for buying and selling; open only to members
	a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication
	a mutual expression of views (especially an unpleasant one)
	chemical process in which one atom or ion or group changes places with another

trade (verb)	exchange (verb)
turn in as payment or part payment for a purchase	exchange or replace with another, usually of the same kind or category
engage in the trade of	change over, change around, as to a new order or sequence
exchange or give (something) in exchange for	exchange a penalty for a less severe one
do business; offer for sale as for one's livelihood	give to, and receive from, one another
be traded at a certain price or under certain conditions	put in the place of another; switch seemingly equivalent items
	hand over one and receive another, approximately equivalent