Trade Nation Review

  • Broker: Trade Nation

  • Leverage: 1:30 | 1:200

  • Regulation: FCA, ASIC, FSCA, SCB

  • Min. Deposit: 0 US$

  • HQ: UK

  • Platforms: MT4, CoreTrader2

  • Found In: 2014

  • Website: tradenation.com

Trade Nation Licences

  • Finsa Europe Ltd authorised by FCA UK reference # 525164

  • Finsa Pty Ltd - Authorized by ASIC Australia ACN 158065 635, AFSL Number. 422661

  • Trade Nation Financial Ltd - Authorized by FSCA South Africa (South Africa) registration Number. 2018/418755/07

  • Trade Nation Ltd - authorized by SCB (Bahamas) registration No. 203493 B

What is Trade Nation?

Trade Nation is a trading provider that offers products and services in online foreign and CFD trading. It has been the company's goal to make online trading easier, more enjoyable, and more profitable. This confirms its global presence, and is accompanied by strict regulation. The broker provides its services worldwide and has local entities to assist traders in Australia, the UK and other international destinations.

Overview

Trade Nation was founded in 2014 under Core Spreads. The broker has offices in Australia, South Africa, South Africa, and the Bahamas.


Pros

  • Broker fully regulated

  • Deposit and withdraw free

  • Fixed spreads

  • MT4

  • Useful educational tools


Cons

  • Regulations may vary in terms of the conditions and trading proposals

  • Offshore entity

Rating of the company overall

  • Reliability ⭐⭐⭐⭐

  • Platform ⭐⭐⭐

  • Commissions ⭐⭐⭐

  • Support ⭐⭐⭐

  • Financial instruments ⭐⭐⭐⭐

RATING: 3.6


Trade Nation is it safe?

Online trading is all about security. It is important to understand that your capital is protected and secured by the law.

Is Trade Nation legal?

Trade Nation is regulated in the UK by the Financial Conduct Authority, in Australia, the Australian Securities and Investments Commission, and the Financial Sector Conduct Authority in South Africa.

Trade Nation also serves another entity, which serves global clients via its offshore branch located in the Bahamas. Although we do not recommend trading with offshore brokers (Learn more about FCA Regulated broker Infinox Minimum deposit) Trade Nation has a reputable license from ASIC.

What can you do to be protected?

Trade Nation is heavily regulated by 4 jurisdictions. ASIC is in Australia (Forex Brokers) and the FCA is in the UK. This regulatory status means that Trade Nation must treat its customers fairly in compliance with each regulator's strict requirements.

The broker also keeps clients' money in separate trust accounts and offers compensation plans in the event of insolvency. All funds are held at top-tier banks such as Barclay's (UK) and Westpac (Australia).

All retail clients can also benefit from negative balance protection by this broker.

Specifications

Leverage

A great feature of Forex trading is the ability to leverage your gains. But, to reduce risks, which can work in both directions as well, you need to know how to properly use leverage.

Trade Nation offers leverage up to 1:1200, which opens the door to the forex market to retail traders who have a very low or modest initial deposit to cover margins. Leverage can increase gains, but it is important to remember that your initial deposit can be lost.

  • 1:30 is allowed for UK and Australian traders

  • 1 to 200 for an international proposal

Accounts

The broker can help you open Individual, Professional, and Corporate accounts.

Broker's practice accounts and learn accounts can be used by clients to help them get comfortable with trading on its platforms.

A trading simulator, which is basically a demo account, is provided by the broker to its traders. You can either use the practice account to test your strategies or create a live account so you can access all of the platform features and trade for real.

Fees

Trade Nation offers fixed spreads at a low price. Trade Nation spreads are low and stable regardless of market fluctuations. Their spreads are fixed from the beginning, unlike variable spreads which could be wider when you exit your position.

Overnight Fee

Trade Nation allows traders to trade margin, meaning they can open positions with a fraction of the total value. The broker lends traders the entire amount to make the trade and they pay a small fee each night that their position remains open. The direction of trade and market traders affect the amount.

Deposits and withdrawals

The minimum investment for new Trade Nation investors is . Traders need only enough funds to meet their margin requirements.

The broker can accept credit cards, debit cards and bank transfers . Skrill is also an option. Skrill allows them to make instant payments with their credit/debit cards. Bank transfers can take up to several days for processing.

Trade Nation offers accounts in GBP USD, EUR EUR, AUD, AUD, and ZAR. You can also get DKK, NOK and SEK.

The minimum withdrawal amount for accounts is 50 of your currency, such as 50 USD.

Trade Nation does not require a minimum deposit. They also don't charge fees for withdrawals or deposits.

Trade Platforms

Trade Nation users have the ability to spread trade on The Trade Nation platform CoreTrader2 and can also trade CFDs via the MetaTrader4 platform.

The company offers the popular MetaTrader4 as an alternative. It is available in various formats for desktop, mobile and web. This platform offers many options for smart investments and trading, including EA strategies, leading indicators, oscillators and EA strategies, as well as automated desktop stations.

All platforms have a mobile trading app. This means that you can trade from your mobile device with complete freedom.

Support for Customers

A competent customer service is another benefit of its client-oriented philosophy. It is available via Online Chat, Phone, Emails, etc. The Broker's team is always available and supports international languages via live chat, email and phone lines in Australia and the UK.

Education

Trade Nation offers great research tools that provide detailed analysis for new traders. They also offer trading tips and advice from experts.

Conclusion

We concluded Trade Nation Review. While we didn't find any details regarding trading conditions from the broker, the company appears to be a reliable brokerage firm. It is not only licensed in one entity, but also in several top financial hubs around the world. This confirms that it has a solid establishment base.

There are two good things about this: a low initial deposit and current market information. Professionals will find many solutions to their trading problems.