Trade Nation Review

Minimum Deposit: $1 VISIT BROKER
69.9% of retail investor accounts lose money when trading CFDs with this provider.

Trade Nation Review

Summary

With its headquarters in the United Kingdom, Trade Nation is an online financial services provider that is reputed for being one of the few brokers who provide customers with low fixed spreads. They offer a range of other competitive trading conditions — low trading fees, demo account, multiple payment methods, and more — to ensure an enhanced trading experience. The broker allows traders to buy and sell multiple financial instruments across different asset classes, such as forex currency pairs, commodities, indices, stocks, and shares, using the MT4 and a proprietary trading platform. There are various useful trading tools, educational resources, and a reliable client support team to assist traders. The minimum deposit required to start trading is $1.

8.2Expert Score
Trade Nation Rating

No gimmicks. No distractions. Just everything you need, and nothing you don’t. The Trade Nation platform gives you the perfect gateway to financial markets, freeing you up to concentrate on what’s important – maximising your profit potential while minimising your risk.

Investment Products
8.5
Commissions and Fees
8.5
Platforms and Tools
8
Research and Education
8
Deposit and Withdrawal
8

Trade Nation Review

Pros and Cons

There is a lot to love about Trade Nation. The first exciting thing you would notice about Trade nation is that the broker allows you to start trading with any amount of your choice — starting from as low as $1. The broker offers an in-house-built trading platform and the popular MT4 trading platform, which is available in desktop, web, and mobile versions. They are regulated by various top-tier regulatory authorities to ensure clients’ peace of mind. Their clients are provided with a good selection of learning resources, helpful trading tools, and the services of a reliable client support team who are available via multiple contact channels.

Positives
  • Strict regulations in multiple jurisdictions
  • Advanced and versatile trading platforms
  • Multiple financial instruments
  • A range of secure payment methods
  • No deposit or withdrawal fees
  • $1 minimum deposit
  • Tight fixed spreads with no hidden extra fees
  • Demo account
  • Trading Academy with guides and tutorials
  • 24/5 dedicated customer support
Negatives
  • No USA traders
  • No cryptocurrency trading
  • Limited trading account options
  • Lack of e-wallet funding methods

Trade Nation Review

Investment Products

Trade Nation offers various investment products across different asset classes, including forex, commodities, indices, stocks, and CFDs. The broker does not offer cryptocurrency trading at the moment, and they seem to have a bunch of reasons for their decision, primarily due to regulation. All the available investment products can be traded on the MT4 and the broker’s proprietary trading platform.

Trade Nation Instruments Summary

InstrumentsTrade Nation
Forex
Stocks
Indices
Commodities
Cryptosx
Optionsx
Bondsx
ETFsx
CFDs
Trade Nation Instruments

Trade Nation Review

Commission and Fees

Commission and Spread Fees

Trade Nation insists that they are focused on providing traders with one of the fairest trading experiences in the industry. To do that, they ensure optimal transparency in all their business dealings, including their commission charges and spreads.

Spreads are the difference between the buy and the sell price. So the narrower the spread, the smaller the costs to trade. Interestingly, Trade Nation offers low and fixed, starting from just 0.6 on the EURUSD currency pair. This is unlike other brokers who widen them when markets become volatile. Competitors with variable spreads could easily increase their charges when there’s a rush to trade, such as when markets open and in the minutes leading up to the close. Hence, the low fixed spreads at Trade Nation are a better option: they stay the same within specific trading sessions, offering total transparency so you can be certain of your trading costs.

No matter what happens in the markets, you can be certain that your spread will never change. Therefore, you can enjoy minimal costs, maximum returns, and total transparency. Also, Trade Nation does not charge any commission fees as the trading fees are built into the spreads.

FeeIndividual AccountCorporate Account
Commission (per standard lot per side)$0$0
Spreads from0.60.6
Trade Nation Fees

Deposit and Withdrawal Fees

Trade Nation has very low non-trading fees. For example, the broker does not charge any fees for account deposits and withdrawals. Also, traders can trade in the same currency as their trading account base currency to avoid paying any currency conversion fees.

Inactivity Fees

The broker does not charge an inactivity fee on dormant accounts. This is impressive as many brokers charge high fees for maintaining inactive accounts.

Trade Nation Review

Platforms and Tools

The broker provides traders with an in-house-developed trading platform and the popular MT4 trading platform to ensure seamless trading of the available financial assets. These trading platforms are available on desktop, web, and mobile platforms.

Trade Nation Mobile App
Trade Nation Mobile App

Core Trader 2

This is the broker’s proprietary trading platform. It is available as a web trader, allowing traders to directly access the trading platform from their web browsers — Chrome, Safari, Firefox, and Edge — without downloading or installing any additional software. The platform is built with an intuitive user interface, making it ideal for traders of all levels of experience. Other exciting features of the broker’s proprietary trading platform include 12 interactive graph types, such as histograms and candle charts, multiple timeframes, and more. The demo account can be accessed from the platform, allowing traders to practice their various trading strategies without risking any funds

Platform features

  • User-friendly    
  • Good search function    
  • Guaranteed Stops
  • Web-based trading platform
  • Demo account
Trade Nation Platform
Trade Nation Platform

MetaTrader 4

Launched in 2005, MetaTrader 4 is an award-winning trading platform that was developed by a Russian software company known as MetaQuotes. The MT4 trading platform is reputed for being one of the choicest trading platforms among forex and CFD traders. It is replete with advanced trading features and functionalities, such as one-click trading, drawing tools, expert advisors, interactive charts, technical indicators, and more. Both new and experienced traders can seamlessly trade with the MT4 trading platform, thanks to its user interface that is very easy to navigate. The platform is also fully customizable, allowing you to easily tweak it to your preference and enhance your trading performance. The MT4 trading platform can be used on both demos and live accounts.

The MT4 trading platform is available as a desktop application for Windows and Mac computers, WebTrader that runs on modern web browsers, such as Chrome, Safari, Edge, and Firefox; and a mobile trading platform that is compatible with Android and iOS mobile devices, the mobile app can be downloaded from the relevant app stores and used to place trades and check trading positions anytime and from anywhere in the world as long as there is an internet connection. Hence, the mobile app is best suited for traders who wish to access their trading accounts while on the move.

Platform Features

  • Expert advisors (MQL4)
  • Thousands of plugin apps
  • 85 pre-installed indicators
  • Analysis tools
  • Flexible order types
  • 28 additional Smart Trader Tools
  • Multiple chart setups to help you to control your position
  • User-friendly trading interface
  • Fully customizable
  • Web, desktop, and mobile
  • Hedging allowed
  • Scalping allowed
Trade Nation MT4 Platform
Trade Nation MT4 Platform

Trade Nation Platforms Summary

PlatformTrade Nation
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)x
cTraderx
Proprietary
Desktop
Web
Mobile
Social Tradingx
Other x
Trade Nation Platforms

Trade Nation Review

Research and Education

Trading Academy

The broker’s trading academy is available in the “Beginner’s Guides” section at the top of the broker’s website. It contains various educational resources, such as learning articles, trading guides, and more. This learning section covers various topics, such as CFD trading, spread trading, forex signals, trading signals, and guides on how to start trading.

News and Analysis

This section of the broker’s website is dedicated to providing traders with insights on the latest market updates. It features news articles that keep traders up-to-date with the latest happenings in the financial markets.

In this section, the broker presents a set of video tutorials written to help you get to know the Trade Nation platform. Here the broker shows you everything you need to know about their trading platform: from logging into your account to placing complex orders. It contains various learning articles that are updated from time to time.

Trade Nation Trading Guides
Trade Nation Trading Guides

FAQ

This is a comprehensive list of traders’ most common questions, along with their corresponding detailed answers. When you click on the FAQ tab, a web page that contains various commonly asked questions will open. It covers various topics, including trading, account management, account opening, platforms and tools, why trade with Trade Nation, and more.

Trade Nation Research and Education Summary

ResourcesTrade Nation
Market Analysis
Guides
Videos
Webinarsx
Autochartistx
Trading Centralx
Economic Calendarx
Other (FAQs)
Trade Nation Resources

Trade Nation Review

Deposit and Withdrawal

Trade Nation provides traders with a choice of multiple payment methods to ensure the ease of depositing and withdrawing funds to and from clients’ trading accounts. While there are no fees for deposits and withdrawals, traders should ensure that their trading accounts are denominated in any of the base currencies — United States Dollar, Euro, Great British Pound, Australian Dollar, New Zealand Dollar, Singapore Dollar, and Canadian Dollar — to avoid incurring any currency conversion fees.

To carry out your deposit and withdrawal transaction, you have to log into your Trade Nation account through your secure client portal. In the Client Portal, you will select your preferred deposit or withdrawal method to carry out the transaction. The following payment methods are available at Trade Nation for account deposits and withdrawals: bank wire, credit cards, and various electronic payment processors. The broker states that all deposits be made through the same method used for deposits. The minimum withdrawal amount is $50, while the minimum deposit starts from just $1.

The time taken to process transactions may vary depending on the payment method in use. For instance, bank wire transfers may take up to 1 to 3 days to be processed, while some e-wallet payments are instant and allow you to manage your funds in real-time.

Trade Nation Funding Summary

Payment MethodDepositWithdrawal
Wire Transfer
Credit/debit Card
Electronic Wallets
Cryptosxx
Trade Nation Funding Options

Trade Nation Review

Regulation and Safety

Trade Nation is regulated in multiple jurisdictions as follows:

  • Trade Nation is a trading name of Finsa Europe Ltd, a financial services company authorized and regulated by the Financial Conduct Authority (FCA).
  • In Australia, Trade Nation is a trading name of Finsa Pty Ltd, a financial services company authorized and regulated by the Australian Securities and Investments Commission (ASIC).
  • Trade Nation Financial (Pty) Ltd is authorized and regulated by the Financial Sector Conduct Authority (FSCA).
  • Trade Nation Ltd is also authorized and regulated by the Securities Commission of the Bahamas (SCB).

Financial authorities like ASIC and the FCA are tier-1 regulators known for offering strict regulations.

However, the absence of a CFTC regulation is an indication that the broker cannot provide its services to US citizens or residents.

The broker ensures that client money is held in segregated bank accounts at Barclays Bank in London. Trade Nation Australia holds client money at Westpac in Australia.

Trade Nation Regulation Summary

RegulatorTrade Nation
ASIC (Australia)
IIROC (Canada)x
CySEC (Cyprus)x
SFC (Hong Kong)x
JFSA (Japan)x
MAS (Singapore)x
FINMA (Switzerland)x
FCA (UK)
CFTC (USA)x
Other (SCB and FSCA)
Trade Nation Regulators

Trade Nation Safety

It is worth mentioning that Trade Nation has been operating since 2014, which means that the broker has bagged a wealth of experience as an online financial services provider. Trade Nation is regulated by the Financial Conduct Authority (FCA), the Australian Securities and Investment Commission (ASIC), the Financial Sector Conduct Authority Commission (FSCA), and the Securities Commission of the Bahamas (SCB). Therefore, Trade Nation is considered safe because several top-tier financial authorities regulate it.

While top-tier regulatory authorities like ASIC and FCA regulate the broker, Trade nation is yet listed and traded on any stock exchange in the world. It does not disclose its financial statements in public.

However, with its regulations from top-tier regulatory authorities like the FCA and ASIC, we can say that Trade Nation is a safe broker. This is because the broker is expected to comply with the strict regulatory policies of this tier-one financial authority. Their compliance with the policies of ASIC and other regulatory authorities offers an assurance of optimal transparency and secure trading.

Tier 1 regulation also mandates that all client funds are kept fully segregated from the broker’s corporate accounts in client trust accounts at top-rated banks. This helps to reduce the risk of financial fraud.

Trade Nation Review

Client Support

The Trade Nation customer support team is on hand 24 hours a day, Monday to Friday. They can be reached via telephone, email, live chat, and selected social media channels.

The support is knowledgeable, polite, and very responsive, which is a huge advantage. They are committed to responding to clients’ general, technical, and account-based inquiries.

Trade Nation Review

Conclusion

Trade Nation is a regulated online trading broker that provides traders with a favourable trading environment. The broker allows their global clientele to buy and sell multiple financial instruments across different asset classes. They offer various educational resources and advanced trading platforms that are available in desktop, web, and mobile versions. Their clients also benefit from competitive trading conditions, such as tight fixed spreads, zero commissions, various live account options, demo account, multiple payment methods, and more.

Trade Nation has a global reach. This is evident through their regulation by the Financial Conduct Authority (FCA) in the UK, where they are also fully compliant with the European Securities and Markets Authority (ESMA). Trade Nation is licensed under the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Securities Commission of the Bahamas (SCB). Trade Nation does not charge a commission fee as the cost is already included within the fixed spread. They also do not charge for deposits or withdrawals. The minimum deposit required to start trading is just $1.

Everything that you find on InvestingBrokers.com is based on information and data that is readily available from each broker that we have reviewed. We combine our 15+ years of industry experience with research, analysis and user feedback. This enables us to give an impartial and reliable broker rating. You can read more about our broker review process here.

Trade Nation Review

FAQs

When was Trade Nation founded?

Trade Nation was launched in 2014.

Where is Trade Nation located?

Trade Nation is headquartered in the United Kingdom. They have branches in Australia, South Africa, and the Bahamas.

Is Trade Nation regulated?

Yes, Trade Nation is regulated by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Securities Commission of the Bahamas (SCB).

What trading instruments does Trade Nation offer?

Trade Nation offers various investment products across different asset classes, such as forex, commodities, indices, stocks, and CFDs.

What is Trade Nation’s minimum deposit?

Trade Nations offers a minimum deposit of just $1. This allows traders to start trading with the amount they can afford.

What investing platforms does Trade Nation offer?

Trade Nation provides traders with a proprietary trading platform known as the Coretrader 2 and the intuitive MT4 trading platform, which is available on the following platforms: desktop, web, and mobile.

What is Trade Nation’s commission fee?

Trade Nation does not charge a commission fee as the cost is already included within the fixed spread.

Does Trade Nation charge an inactivity fee?

No, the broker does not charge any inactivity fees on dormant accounts.

What are Trade Nation’s spreads?

Trade Nation have tight fixed spreads, starting from just 0.6 on the EURUSD currency pair. The spreads stay low and fixed no matter what and can help to reduce trading costs in the long term. The spread is the difference between the buy (bid) and the sell (ask) price. Therefore, the narrower the spread, the smaller the costs to trade.

What funding options does Trade Nation offer?

The broker allows traders to deposit and withdraw funds to and from their trading account using any of the following payment methods: bank transfers, credit/debit cards, and electronic payment gateways.

Does Trade Nation offer demo trading?

Yes. Trade Nation offers a demo account option to allow traders to practice their trading strategies risk-free before opening a live account.

Does Trade Nation offer Islamic accounts?

No. Trade nation does not offer an Islamic account for Muslim clients.

How do I contact Trade Nation customer support?

The Trade Nation customer support team is on hand 24 hours a day, Monday to Friday. They can be reached via telephone, email, live chat, and selected social media channels.
Trade Nation Review
Trade Nation Review
Minimum Deposit: $1
Richard Montana

Richard Montana

Richard has spent many years researching, testing, comparing and reviewing brokers. He has an extensive knowledge when it comes to understanding what to look for in a broker for trading and investing online.

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