Trade Nation Review
Trade Nation is a multi-regulated broker that offers a fresh approach to online trading. They provide traders with a simple trading platform that allows them to trade several financial assets, including forex, indices, commodities, and shares. Traders enjoy fixed spreads, 24/5 customer support, leverage of up to 1:200, and more.
Trade Nation Review, Pros & Cons
- Strict regulations
- Advanced trading platforms
- Educational resources
- Dedicated customer support
- Multiple trading instruments
- No standalone trading tools
- Limited account funding options
- No USA traders
In this detailed Trade Nation review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Trade Nation Overview
Headquartered in the United Kingdom, Trade Nation is an online retail broker that allows clients to buy and sell various financial instruments using an in-house-developed trading platform. The broker is regulated in multiple jurisdictions. They provide traders with a range of learning resources as well as 24/5 customer support to assist them. There is no minimum deposit; you only need enough funds to cover the margin requirements of your trade.
Trade Nation Regulation
Trade Nation is a trading name of Finsa Europe Ltd, a financial services company authorised and regulated by the Financial Conduct Authority under firm reference number 525164.
In Australia, Trade Nation is a trading name of Finsa Pty Ltd, a financial services company authorised and regulated by the Australian Securities and Investments Commission, ACN 158 065 635, AFSL No. 422661
Additionally, Trade Nation Financial (Pty) Ltd, registration number 2018/418755/07, is authorised and regulated by the Financial Sector Conduct Authority, FSP No 49846
Trade Nation Ltd, registration Number 203493 B, is also authorised and regulated by the Securities Commission of the Bahamas, SIA-F216
Trade Nation Countries
The broker does not offer their services to residents of the United States or any particular country outside the UK, Australia, South Africa, the Bahamas, or any person in any country or jurisdiction where the use of such services would be contrary to local law or regulation.
Some Trade Nation features and products mentioned within this Trade Nation review may not be available to traders from certain countries because of legal restrictions.
Trade Nation Platforms
The broker provides you with the Trade Nation trading platform, a proprietary platform that gives you a user-friendly gateway to the financial markets. The platform helps you to concentrate on the things that are important to help maximise your potential. The platform offers flexible charting functionalities through a sleek user interface. Other features of the Trade Nation trading platform include 12 interactive graph types, drawing tools, and the ability to vary timescales from one minute to one month. The platform is available in the online version as well as a mobile trading app that is compatible with Android and iOS devices.
The broker also provides their clients with the popular MT4 platform. MT4 is an advanced trading platform that is widely used by forex and CFD traders around the globe. The platform features a selection of built-in tools and complex trading capabilities, such as charts, expert advisors, one-click trading, and more. It is available in desktop, web, and mobile versions.
Trade Nation Trading Tools
There are no standalone trading tools on the broker’s website at the moment.
Trade Nation Education
The broker’s website contains several educational resources that are designed to help traders improve their knowledge. They include various learning articles, trading guides, an FAQ section, news & analysis, experts’ explanations, trading stories, and trading signals. A demonstration video that shows how customers can link their Trade Nation account to the MT4 platform is also available on the broker’s website.
Trade Nation Instruments
The broker offers the following trading instruments: forex, commodities, indices, and shares.
Trade Nation Accounts & Fees
Trade Nation offers a choice of two live trading account types, namely: Low Leverage Accounts (1:30) and High Leverage Accounts (1:200). There is also a demo account that is available for practice purposes. The demo account enables you to practice your trading strategies and familiarise yourself with the brokers trading platform, products and services.
As broker fees can vary and change, there may be additional fees that are not listed in this Trade Nation review. It is imperative to ensure that you check and understand all of the latest information before you open a Trade Nation broker account for online trading.
Trade Nation Support
The broker’s dedicated customer support team is on hand 24 hours a day, Monday to Friday. They can be reached via telephone, email, chatbot, and selected social media channels.
Trade Nation Deposit & Withdrawal
Traders are allowed to deposit and withdraw funds using any of the following payment methods:
- Bank Transfers
- Credit/Debit cards
- Online payment processors, such as Neteller and Skrill
Trade Nation Account Opening
To open a trading account, click on the ‘Join Us’ button at the top-right corner of the website and proceed to fill the form, as required.
It is imperative to ensure that when you are going through a broker application, you read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Trade Nation Summary
Regulated in multiple jurisdictions, Trade Nation is an online financial services provider that offers access to multiple financial markets through various trading platforms. Traders benefit from several favourable trading conditions, including multiple educational resources, dedicated customer support, low transaction costs, fixed spreads, and leverage of up to 1:200. There is no minimum deposit required to begin trading.
Financial spread trading comes with a high risk of losing money rapidly due to leverage. You should consider whether you understand how spread trading works and whether you can afford to take the high risk of losing your money.