Excellent Fully Regulated Broker
Minimum Deposit is $0
4.9/5 stars rating based on analyzing 300+ criteria, testing the broker’s platforms and trading tools
Review
Trade Nation has been established in 2014 and since then has gained client trust, providing their customers with excellent trading platforms and innovative trading tools and 24-hour customer support. Trade Nation is fully licensed and regulated. Trade Nation is a global company with teams in the UK, Australia, South Africa, Seychelles, Malaysia, and The Bahamas.
Regulation
Trade Nation holds a high number of regulatory licenses. It has been regulated by Financial Conduct Authority, Australian Securities and Investments Commission, Securities Commission of the Bahamas and Financial Sector Conduct Authority.
Trading Platforms and tools
Trade Nation has provided a great trading TN platform with features designed for all trading levels. The TN platform is customizable and easy to use. Trade Nation offers MetaTrader4 which is the world’s most popular Forex Trading platform. MetaTrader4 is third party platform for forex trading with advanced analysis and automated trading tools. Trade Nation offers their clients TradeCopier app which allow traders to find top traders, look at their portfolios and copy their moves.
Spreads and Commission
Trade Nation uses its size to provide traders with consistent pricing across the board. Trade Nation has fixed spread pricing on its MetaTrader platform. The Trade Nation list fixed spread of 0.6 pips for EUR/USD pair. Trade Nation does not charge inactivity and withdrawal fees.
Costumer support
Trade Nation has a professional costumer care team available 24/7. They can be reached via phone, live chat, and email.
Reputation
Trade Nation has excellent client testimonials and reviews, combined with a clean record in the financial market.
Education and research materials
Trade Nation has provided its clients with good educational materials. The educational materials are mostly for beginners, but it appears Trade Nation is slowly expanding in this category.
Deposit and withdrawal methods
Trade Nation has provided easy and convenient methods to deposit and withdrawal money for their clients.
Pros and Cons
Pros
- Trade Nation is fully regulated, making it a safe broker (low-risk) for forex and CFDs trading
- User friendly trading platforms and ultra fast order execution
- Low trading fees
- Professional costumer support team available 24/7
- No inactivity and withdrawal fees
Cons
- The Educational section need improvement
CFDs are complex instruments and come with a substantial risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the substantial risk of losing your money.