Score
Trade Nation
United Kingdom|10-15 years| https://tradenation.com/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
TradeNation-DemoBravo
Influence
D
Influence index NO.1
Serbia 2.51MT4/5 Identification
MT4/5 Identification
Full License
United KingdomInfluence
Influence
D
Influence index NO.1
Serbia 2.51Contact
Licenses
Single Core
1G
40G
1M*ADSL
- This broker exceeds the business scope regulated by South Africa FSCA(license number: 49846)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
Basic Information
United Kingdom
10-15 years Regulated in Australia Regulated in United Kingdom Regulated in Seychelles Regulated in South Africa Regulated in Bahamas Market Making(MM) Retail Forex License Financial Service Corporate MT4 Full License Self-developed Global Business Suspicious Overrun Medium potential risk Offshore Regulated
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Sources
Language
Mkt. Analysis
Creatives
WikiResearchWebsite
tradenation.com
Server Location
United Kingdom
Website Domain Name
tradenation.com
Server IP
3.11.20.216
Genealogy
VIP is not activated.
CORE SPREADS
FINSA
BourseTrade
Company Summary
| Trade Nation | Basic Infomation |
| Registered Country/Region | United Kingdom |
| Founded in | 2014 |
| Regulation | ASIC, FCA, FSA, SCB |
| Tradable Instruments | Forex currency pairs, commodities, indices |
| Minimum Deposit | $0 |
| Leverage | Up to 1:200 |
| Trading Platforms | MetaTrader 4 (MT4), Trade Nation Platform |
| Demo Account | Yes |
| Islamic Account | No |
| Payment Methods | VISA, MasterCard, FPX, Bitcoin, Grabpay |
| Customer Support | Live chat, email, phone support, Social Medias |
Trade Nation Information
Trade Nation is an online forex broker registered in United Kingdom and well regulated by ASIC, FCA, FSA, and SCB. Since its founding, Trade Nation has prioritized the provision of a wide variety of tradable assets. Traders can access a diverse selection of forex currency pairs, commodities, indices, allowing them to capitalize on various market opportunities.
Is Trade Nation Legit or a Scam?
| Regulatory Agency | Current Status | License Type | Regulated By | License No. |
|---|---|---|---|---|
| Financial Conduct Authority | Regulated | Market Making (MM) | United Kingdom | 525164 |
| The Seychelles Financial Services Authority | Offshore Regulated | Retail Forex License | Seychelles | SD150 |
| Financial Sector Conduct Authority | Exceeded | Financial Service Corporate | South Africa | 49846 |
| The Securities Commission of The Bahamas | Offshore Regulated | Retail Forex License | Bahamas | SIA-F216 |
| Australia Securities & Investment Commission | Regulated | Market Making (MM) | Australia | 000422661 |
Pros and Cons
| Pros | Cons |
| Regulated by FCA, SCB, and ASIC | Limited range of tradable cryptocurrencies |
| Competitive leverage ratios up to 1:200 | Inactivity fees for dormant accounts |
| No minimum deposits | Limited availability of localized customer support |
| User-friendly trading platforms, MT4 | No Islamic (swap-free) accounts |
| Multiple customer support options | Tiered trading accounts not provided |
| \Demo accounts available | Limited trading instruments |
Market Instruments
Trade Nation offers a range of market instruments to cater to the trading preferences of its clients. These instruments include indices, commodities, and forex currency pairs. Traders can access a variety of global indices, enabling them to speculate on the performance of specific stock markets or sectors.
Additionally, Trade Nation provides a selection of commodities, allowing traders to trade on the price movements of popular commodities such as gold, silver, oil, and agricultural products. Furthermore, forex currency pairs are available for trading, providing traders with the opportunity to participate in the foreign exchange market.
Trading Cost
| Instrument | Spread | Margin | Contract | Trading Hours | Overnight Funding |
|---|---|---|---|---|---|
| EUR/USD | 0.3 | From 0.2% | Rolling | Sunday 22:05 – Friday 22:00 | Charged daily |
| GBP/USD | 0.7 | From 0.2% | Rolling | Sunday 22:05 – Friday 22:00 | Charged daily |
| USD/JPY | 0.5 | From 0.2% | Rolling | Sunday 22:05 – Friday 22:00 | Charged daily |
| EUR/JPY | 0.7 | From 0.2% | Rolling | Sunday 22:05 – Friday 22:00 | Charged daily |
| GBP/JPY | 1.4 | 0.5% | Rolling | Sunday 22:05 – Friday 22:00 | Charged daily |
Cost Comparison (Wall Street 30):
- Trade Nation: 1.50 pt spread, total annual cost = $3,402
- Eightcap: 1.60 pt spread, total annual cost = $3,629 (saving $227 p/a)
- Capital.com: 2.00 pt spread, total annual cost = $4,536
Key Costs:
- Spread: The cost of buying/selling a financial instrument.
- Overnight Funding: A daily charge or credit for positions held open after 22:00 GMT (Futures are excluded from this).
Account Types for Trade Nation
Trade Nation offers traders the opportunity to open a demo account and a live account. This account structure provides traders with options to experience simulated trading through the demo account and engage in real-time trading with the live account.
How to Open an Account?
Opening an account with Trade Nation, a reputable forex broker, is a straightforward process that can be completed in a few simple steps. Whether you are a beginner or an experienced trader, Trade Nation strives to make the account opening process quick and convenient. Here is a step-by-step guide on how to open an account:
- Visit the official Trade Nation website: Start by accessing the official Trade Nation website at https://tradenation.com/. Click on “Trade Now” or a similar button on the website's homepage. Clicking on this button will take you to the account registration page.
2. Fill in the required information: On the account registration page, you will be prompted to provide some personal information. This may include your name, email address, contact details, and other relevant information. Ensure that the information you provide is accurate and up to date.
3. Complete the application: Once you have provided the necessary information and selected your preferred account type, carefully review the terms and conditions, risk disclosure, and other legal documents. Make sure you understand and agree to the terms before proceeding.
4. Account verification: As part of the account opening process, you may be required to provide identification documents for verification purposes. This is a standard procedure to ensure the security and compliance of the platform.
5. Fund your account: After your account is successfully verified, you can proceed to fund your trading account. Trade Nation offers multiple deposit options, including bank transfers, credit/debit cards, and electronic payment methods. Choose the most convenient option for you and follow the instructions provided.
6. Start trading: Once your account is funded, you can access the trading platform provided by Trade Nation. Familiarize yourself with the platform's features, tools, and trading instruments. You can then begin executing trades based on your trading strategy and market analysis.
Trading Platforms
| Platform | Features |
|---|---|
| TN Trader | - Low-cost fixed spreads- CFD Trading on 100s of markets- Free trading signals in your dashboard- Daily market updates & live news feed- Mobile app support- Trade directly from charts |
| TradingView | - Ultra-low-cost trading- Seamlessly connect with TN Trader- Cutting-edge charting tools- Huge data pool & customizable feeds- Access 10M+ ideas, scripts, & indicators- Set alerts on price action, indicators, tools, and economic news |
| MetaTrader 4 (MT4) | - CFD trading on forex, indices, etc.- Automate with Expert Advisors (EAs)- Chart tools and indicators- Multiple order types, including OCO- One-click trading and trailing stops- Backtest using historical data |
| TradeCopier | - Available with MT4- Mirror expert traders' strategies in real-time- Diversify portfolio based on trading behavior or risk profile- Connect with global traders for insights and ideas |
Deposit and Withdrawal Methods and Fees
Traders can choose from several reliable payment methods, including VISA, MasterCard, FPX, Bitcoin, and Grabpay. When it comes to making a deposit, Trade Nation sets a minimum deposit requirement of $0, allowing traders of all levels to start their trading journey.
| Payment Method | Deposit Currencies | Fees | Minimum Deposit | Minimum Withdrawal | Supported Payment Methods |
|---|---|---|---|---|---|
| Credit Card | USD, NOK, ZAR | 100% covered by Trade Nation | No minimum amount | 50.00 in any currency | Visa, MasterCard, and other card schemes |
| Digital Wallet | USD, NOK, ZAR | 100% covered by Trade Nation | No minimum amount | 50.00 in any currency | PayPal, Skrill, Neteller, and other digital wallets |
| Cryptocurrency | USD, NOK, ZAR | 100% covered by Trade Nation | USD 30.00, NOK 116.00, ZAR 205.00 | 50.00 in any currency | Binance Pay, Bitcoin, Ethereum, Tether, Ripple, Dogecoin, Litecoin, BitcoinDash, BinanceCoin, Solana, Tronix |
Southeast Asia:
| Country | Deposit Currencies | Fees | Minimum Deposit | Minimum Withdrawal | Supported Payment Methods |
|---|---|---|---|---|---|
| Indonesia | USD | 100% covered by Trade Nation | USD $1 | USD $50.00 | Local Banks: BCA, PermataBank, BNI, Mandiri, CIMB Niaga, Bank BRI, Maybank eWallets: LinkaJa, OVO, Dana, Shopee Pay |
| Malaysia | USD | 100% covered by Trade Nation | USD $0.5 | USD $50.00 | Local Banks (FPX): Maybank, HongLeong, RHB Bank, AmBank, Public Bank, CIMB, HSBC, UOB, OCBC, Standard Chartered, etc. eWallets: Touch 'N Go, DuitNow, Shopee Pay, Grab Pay, Boost |
| Singapore | USD | 100% covered by Trade Nation | USD $40 | USD $50.00 | Local Banks: eNets, DBS, OCBC, UOB, Standard Chartered eWallets: Grab Pay, Pay Now |
| Vietnam | USD | 100% covered by Trade Nation | No minimum amount | USD $50.00 | Local Banks: BIDV, Vietcombank, VietinBank, Sacombank, Techcombank, etc. eWallets: Momo, Ngan Luong |
Africa:
| Country | Deposit Currencies | Fees | Minimum Deposit | Minimum Withdrawal | Supported Payment Methods |
|---|---|---|---|---|---|
| Nigeria | USD | 100% covered by Trade Nation | USD $1 | USD $50.00 | Paga, USSD, PayAttitude, Bank Wire |
| Ghana | USD | 100% covered by Trade Nation | USD $1 | USD $50.00 | Vodafone, Tigo, MTN, Airtel (Mobile Money Networks) |
| Kenya | USD | 100% covered by Trade Nation | USD $1 | USD $50.00 | Airtel Mobile Money Kenya, M-Pesa |
| Tanzania | USD | 100% covered by Trade Nation | USD $12 | USD $50.00 | Tigo Pesa, Airtel Mobile Money, VODACOM M-Pesa, Helopesa (Mobile Money Networks) |
Customer Support of Trade Nation
Language(s): English
Email: support@tradenation.com
Phone Number: +44 (0) 203 180 5952
Address: 14 Bonhill Street, London, EC2A 4BX, United Kingdom
Social media: Facebook, Instagram, LinkedIn, YouTube, twitter
Keywords
- 10-15 years
- Regulated in Australia
- Regulated in United Kingdom
- Regulated in Seychelles
- Regulated in South Africa
- Regulated in Bahamas
- Market Making(MM)
- Retail Forex License
- Financial Service Corporate
- MT4 Full License
- Self-developed
- Global Business
- Suspicious Overrun
- Medium potential risk
- Offshore Regulated
News
News Trade Nation: Safe Investment or Scam?
Trade Nation is an online forex broker registered in the United Kingdom and well-regulated by ASIC, FCA, and SCB. Trade Nation is authorized and regulated by prominent regulatory bodies, including the Financial Conduct Authority (FCA) in the UK, the Securities Commission of The Bahamas (SCB), and the Australian Securities and Investments Commission (ASIC)
2024-12-16 14:01
News Trade Nation Now on TradingView: Easy, Low-Cost Trading
Trade Nation joins TradingView for CFD and spreads trading on 1,000+ markets with low-cost fixed spreads and zero commissions. Accessible to all traders.
2024-07-31 12:54
News Is TRADE NATION reliable?
In today's article, WikiFX will explore Trade Nation in depth, examining its features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service to help you decide whether to use this platform. Keep reading to find out more!
2023-05-25 17:15
News What time does the forex market open
The foreign exchange market, or forex, is a global decentralized market. Optimal times to trade the forex market are when the market is most active, which is often when the trading hours of major regions overlap.
2023-04-17 11:59
News Wolves Women FC Is Sponsored by Trade Nation
The collaboration follows the introduction of Trade Nation's brand and website update, which has seen the trading platform enhance its products for its customers who have the extensive market expertise and value Trade Nation's competitive spreads.
2023-02-13 13:47
News On your marks! Get set for 4th quarter earnings
Q4—also known as quarter-four or the fourth quarter—is the last quarter of the financial year for both corporations and other organizations. Many companies' Q4 dates follow the calendar year, starting on Oct. 1 and ending on Dec. 31.
2023-01-16 10:01
Review 16
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FX1113810591
Hong Kong
My legitimate trading profits were canceled, and no one has provided me with a detailed explanation as to why.
Exposure
Two days ago
ysmnmat
Turkey
I opened an account at a company called Trade Nation. After opening the account, they welcomed me with a bonus of 150 USD and told me that I could make a profit withdrawal. Later, I was told that I needed to deposit 500 USD in order to make a profit withdrawal. When you open a trade at the company, if you don't initially set a TP and SL point, you have to wait by its side until the trade is closed. I stayed sleepless many nights, hoping not to close the trade at a loss. I researched and found out that TP and SL are not set later but should be set when opening the first trade. It was really strange to have this in such a company, and it put me in a very difficult situation. Unfortunately, I learned that hedge positions cannot be opened when closing my account. I wish you could provide this information to newcomers to the company. Unfortunately, my account failed because of these issues. When you come, please consider these points; otherwise, you will have to wait for the account.
Exposure
2024-08-02
Perrillo
Mexico
My story begins with the fact that they contacted me via WhatsApp, they offered me a job at home with only internet, then they asked me to rate hotels until then, everything was fine, today they asked me to invest without losing money, the chains had more and more money and the last time they didn't You can get it since I lost my funds. Now they tell me that I entered information wrong and because of that they tell me to deposit three times as much money to be able to get it out and they don't help me anymore. I am attaching evidence and I hope they can help me. I hope something can be done with this.
Exposure
2023-09-22
Beatriz 785
Mexico
My story begins with the fact that they contacted me via WhatsApp, offered me a job at home with only internet, and then asked me to rate hotels. Until then, everything was fine. Today they asked me to invest without losing money, the chains had more and more money. Now they tell me that I entered some information wrong and because of that they tell me to deposit triple the amount of money to be able to withdraw. And they don't help me anymore. I am attaching evidence and I hope they can help me.
Exposure
2023-09-21
Kralle
Germany
I can't log in to the official Trade Nation site with my details.Seems there is a clone used for fraud.Trade Nation uses email to log in,while "my provider" suggests a customer number.
Exposure
2023-05-23
Prunella Willoughby
Argentina
Trade Nation's offering seems legit with strong regulations, but some drawbacks are notable. The absence of Islamic accounts and a limited range of tradable instruments might disappoint some traders. Additionally, unclear information on commissions and potential inactivity fees could create uncertainties. Traders need to be cautious and gather more specific details before committing.
Neutral
2023-12-06
Drucilla Van Buren
Egypt
Trade Nation, a UK-based online forex broker, stands out for its robust regulatory compliance, being authorized and regulated by ASIC, FCA, and SCB. With a diverse range of tradable assets, competitive leverage ratios up to 1:200, and user-friendly platforms like MT4 and Trade Nation Platform, it caters to traders' needs. The broker's commitment to customer support and educational resources adds value to the overall trading experience.
Neutral
2023-12-05
TAN KREAT
Cambodia
good 👍
Neutral
2023-01-23
Marco Rossi
Italy
I am using their MT4 Raw account, the spread is really lower that I had compared with other brokers and the commisions charge is much lower too, mostly $0.05-$0.08 depend on what pairing you are trade of. Next will be the Deposit and Withdrawal method, I am using Indonesia Online Bank Transfer, depositing is very fast and secure and the rate is fair too, and I am using the same method for withdrawing and the speed is absolutely fast to reach my bank account. Yes, a good broker👍👍👍
Positive
2024-05-06
Jun1616
Egypt
All is ok
Positive
2023-08-24
tayyab5718
Pakistan
Excellent. Trade Nation is an internet-based trading platform that presents a selection of trading resources and options to its users. With its interface designed for ease of use and advanced trading features, Trade Nation furnishes a comprehensive experience that caters to the needs of both beginners and seasoned traders.
Positive
2023-06-17
一路风尘
United Kingdom
Very Good. Trade Nation is an online trading platform that provides its users with a range of trading tools and assets. From its user-friendly interface to its advanced trading features, Trade Nation offers a well-rounded experience for both novice and experienced traders alike.
Positive
2023-02-22
a小伟
New Zealand
Both FCA and ASIC regulated, Trade Nation was the NO.1 broker when I was just starting out in the forex world. Its spreads were quite competitive, no additional commissions charged. However, I suggest that you should open a demo account to experience its trading environment first.
Positive
2023-02-16
Ye Htet Aung
Myanmar
Ok
Positive
2023-01-08
AA资治通鉴
Morocco
After about a month of my experience, I think Tradenation is a worthy company for your choice! It has a variety of withdrawal methods, I prefer to use skrill to withdraw, because it is very fast. The fact that there is no minimum deposit also makes my trading easier.
Positive
2022-11-22
毛毛19107
Hong Kong
I've traded with this broker for more than 2 years, and I have to admit that its customer support is very responsive and professional. Always helpful and polite and available to answer any questions. However, I encountered high slippage once, they had slippage of 3 pips on the GER30, this is terrible trading experience. I wish this would never happen to any clients any more.
Positive
2022-11-15