deposit:
- $1
Trading platform:
- MT4
- Trade Nation Platform
- FCA
- ASIC
- FSCA
- SCB
- and FSA
- 0%
deposit:
- $1
Trading platform:
- MT4
- Trade Nation Platform
- FCA
- ASIC
- FSCA
- SCB
- and FSA
- 0%
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Summary of Trade Nation Trading Company
Trade Nation is a moderate-risk broker with the TU Overall Score of 5.58 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Trade Nation clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews. Trade Nation ranks 80 among 406 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
Trade Nation is suitable for active and social trading. It offers a wide range of financial instruments and allows traders to use popular Forex strategies.
Trade Nation has been on the market since 2014 and has an expanded network of representative offices that provide their services to traders from over 190 countries. Its clients can both trade CFDs and use spread betting. The company allows hedging, scalping, social trading, and trading by signals. Trade Nation offers more than 1,000 financial instruments that can be traded with fixed or floating spreads on its in-house TN Trader platform or MetaTrader 4. The broker’s activities are regulated by FCA 525164 (Financial Conduct Authority | the UK), ASIC 422661 (Australian Securities and Investments Commission), FSCA 49846 (Financial Sector Conduct Authority | South Africa), SCB SIA-F216 (Securities Commission of the Bahamas), and FSA SD150 (Financial Services Authorities | Seychelles). None of the offices works with U.S. traders.
💰 Account currency: | USD, GBP, AUD, EUR, DKK, SEK, ZAR, and NOK |
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🚀 Minimum deposit: | $1 |
⚖️ Leverage: | Up to 1:30-1:500 |
💱 Spread: |
MT4 account types — from 0 pips TN Trader account types — from 0.3 pips |
🔧 Instruments: | Currency pairs, stock indices, energies, metals, bonds, cryptocurrencies (spot), U.S. stocks, UK stocks, European stocks, and South African stocks |
💹 Margin Call / Stop Out: | 100%/50% |
👍 Advantages of trading with Trade Nation:
- Licensed activities in compliance with international laws and trading rules;
- No requirements for the initial deposit;
- Account types with floating and fixed spreads;
- Partnership programs with different reward models;
- No brokerage fees for deposits and withdrawals;
- Cent and demo accounts;
- Negative balance protection for retail clients.
👎 Disadvantages of Trade Nation:
- Technical support isn’t available in instant messengers;
- Traders cannot choose a servicing division;
- Fixed spreads are subject to trading hours and change three times a day.
Evaluation of the most influential parameters of Trade Nation
Trade with this broker, if:
- If you are an experienced trader comfortable with leveraging, Trade Nation offers tight spreads (as low as 0 pips) and high leverage (up to 500:1), providing an attractive option for those seeking to maximize profits.
- You want your broker to be under multiple Regulations as Trade Nation is regulated by various reputable authorities, including FCA, ASIC, FSCA, SCB, and FSA, ensuring a broker with multiple regulatory oversight.
Do not trade with this broker, if:
- If you require extensive customer support. Trade Nation may not be the ideal choice as support hours are limited to 24/5, and there are reports of potential slow response times or difficulties in reaching customer support.
Table of Contents
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Expert Review of Trade Nation
Trade Nation offers different types of trading and provides account types with profitable fees, including near-zero spreads. The broker allows hedging, which provides for reducing risks due to simultaneously placing orders to sell and buy the same asset. Also, its trading platform supports tools to limit potential losses, such as stop orders and negative balance protection.
Deposits can be made in both the base account currency and local currencies, BTC, USDT, and ETH. Yet, only Trade Nation clients can deposit funds from their bank accounts, bank cards, or e-wallets. Deposit and withdrawal conditions are profitable because the company doesn’t withhold non-trading fees.
Trade Nation provides access to several trading signal services and copy trading platforms that allow even novice traders to earn on financial markets. Clients can choose spreads and trading platforms. They can use classic MT4 or the Trade Nation proprietary platform. Soon, the company is going to add TradingView.
Latest Trade Nation News
Dynamics of Trade Nation’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets and Products of the Broker
Trade Nation offers trust management services popular among novice and experienced Forex traders. Investment solutions are available as social trading. Also, the company provides access to the trading signal service that can be used for automated trading. Partnership programs with various reward calculation models are available for additional income.
Passive income options with Trade Nation
The broker offers the following passive income options:
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Copy trading on MT4. To start, register on the MQL5.community website, go to the Signals section, and choose a trader with a successful strategy in a special rating. After you pay a subscription fee of $30 a month minimum and set copying parameters, trades of a chosen signal provider are automatically copied to your account.
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Copy trading through TradeCopier. This app allows traders to view dozens of profiles of experienced traders, set the allowable drawdown, and adjust copying parameters proportionally to balance, lot size, or equity. At any time, investors can disconnect from a master’s account or connect to additional accounts.
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Trading by ready-made signals. These signals are broadcast to Trade Nation clients from Signal Center, a provider licensed by FCA. Signals are formed based on technical analysis conducted by a human and artificial intelligence. Traders receive certain recommendations, such as buy or sell, entry points, and stop loss, active for 12 hours. To trade by such signals, install a special expert advisor to MT4.
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signalDP. This technology is designed for signal providers who want to enlarge their audience and monetize the traffic through Telegram, Discord, and Slack.
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MAM accounts. The Multi-Account Manager system allows investors to transfer their capital under the management of experienced traders. The funds are not transferred to MAM managers, instead they use them in trading. After the trade is closed, profits and losses are proportionally distributed between all participants according to their deposits. MAM reliability is better than PAMM, however such investments don’t guarantee income.
Social and signal trading are available only on MT4. The Trade Nation proprietary platform doesn’t support any automated strategies.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Partnership programs from Trade Nation:
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Multi-level partnership with Spread Share, Cost per Acquisition (CPA), and Revenue Share plans. The minimum withdrawal amount is $100. Reward calculation and payment are made once a month. The maximum CPA rate per 1 client is $1,000.
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Managed Account Program is intended for MAM managers and provides for making income from attracting new investors.
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signalDP partners. Traders who distribute marketing links from this signal resource receive rewards when traders use it.
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TradingView partnership program. Partners receive rewards when users who register by using their links pay for the first access to the platform. This program is currently unavailable; traders can use it when TradingView is launched for Trade Nation clients.
The broker provides both standard marketing tools, such as banners, links, and ready-made emails, and tools customized to partners’ requests. Statistics on referrals and profits are updated daily and are available on a partner portal.
Trading Conditions for Trade Nation Users
Trade Nation offers two types of trading: Spread betting on TN Trader with fixed spreads and CFD trading on MT4 with floating spreads. Traders can open one account of each type in different currencies. The broker allows many trading strategies. Automated trading is available. Leverage varies subject to regulatory requirements and client status. There are no requirements for the initial deposit.
$1
Minimum
deposit
1:500
Leverage
24/5
Support
💻 Trading platform: | MetaTrader 4 (desktop and mobile) and TN Trader (web and mobile) |
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📊 Accounts: | Demo, MT4 Standard, MT4 Cent, MT4 Raw Spread, TN Trader Standard, and TN Trader Cent |
💰 Account currency: | USD, GBP, AUD, EUR, DKK, SEK, ZAR, and NOK |
💵 Replenishment / Withdrawal: | Bank cards, bank transfers, cryptocurrencies, Skrill, AstroPay, Rapid, Jeton, and other e-wallets |
🚀 Minimum deposit: | $1 |
⚖️ Leverage: | Up to 1:30-1:500 |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0.0001 |
💱 Spread: |
MT4 account types — from 0 pips TN Trader account types — from 0.3 pips |
🔧 Instruments: | Currency pairs, stock indices, energies, metals, bonds, cryptocurrencies (spot), U.S. stocks, UK stocks, European stocks, and South African stocks |
💹 Margin Call / Stop Out: | 100%/50% |
🏛 Liquidity provider: | Major banks and hedge funds |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Orders execution: |
Market on MT4 Instant on TN Trader |
⭐ Trading features: |
Spread betting; CFD trading; Floating and fixed spreads. |
🎁 Contests and bonuses: | Rebates and bonus offers with limited duration |
Comparison of Trade Nation with other Brokers
Trade Nation | RoboForex | Eightcap | Exness | Pepperstone | FxGlory | |
Trading platform |
Trade Nation Platform, MT4, Mobile platforms | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MT4, MT5 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading, WebTrader, cTrader, MT5, TradingView | MT4, MobileTrading, MT5 |
Min deposit | $5 | $10 | $100 | $10 | $1 | $1 |
Leverage |
From 1:10 to 1:500 |
From 1:1 to 1:2000 |
From 1:30 to 1:500 |
From 1:1 to 1:2000 |
From 1:1 to 1:400 |
From 1:1 to 1:3000 |
Trust management | No | No | No | No | No | No |
Accrual of % on the balance | No | No | No | No | No | 8.00% |
Spread | From 0.6 points | From 0 points | From 0 points | From 1 point | From 0 points | From 2 points |
Level of margin call / stop out |
175% / 100% | 60% / 40% | 80% / 50% | No / 60% | 90% / 20% | 20% / 10% |
Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Instant Execution | Instant Execution, Market Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | Yes | No | No | No | No |
Broker comparison table of trading instruments
Trade Nation | RoboForex | Eightcap | Exness | Pepperstone | FxGlory | |
Forex | Yes | Yes | Yes | Yes | Yes | Yes |
Metalls | Yes | Yes | Yes | Yes | Yes | Yes |
Crypto | Yes | No | Yes | Yes | Yes | No |
CFD | Yes | Yes | Yes | Yes | Yes | Yes |
Indexes | Yes | Yes | Yes | Yes | Yes | No |
Stock | Yes | Yes | Yes | Yes | Yes | No |
ETF | No | Yes | No | No | Yes | No |
Options | No | No | No | No | No | No |
Trade Nation Commissions & Fees
Account type | Spread (minimum value) | Withdrawal commission |
MT4 Standard | $0 | No |
MT4 Cent | $0 | No |
MT4 Raw Spread | $0 | No |
TN Trader Standard | $3 | No |
TN Trader Cent | $0.03 | No |
Swaps are charged for positions transferred overnight.
TU experts have compared Trade Nation’s average fees to those of RoboForex and Pocket Option. The results are shown in the table below.
Broker | Average commission | Level |
Trade Nation | $0.6 | Low |
RoboForex | $1 | Medium |
Pocket Option | $8.5 | High |
Detailed review of Trade Nation
Trade Nation has representative offices in Australia, the UK, South Africa, the Bahamas, and Seychelles. The broker provides maximum security for its client deposits by holding them in Australian Westpack Bank and British Barclays Bank. The company’s financial performance is regularly audited as required by regulators. Also, it transfers its surplus capital to charities and sponsorships.
Trade Nation by the numbers:
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9+ years of work as a financial intermediary;
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120+ employees;
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Over 300,000 registered users;
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1,000+ trading instruments.
Trade Nation is a multi-regulated broker for trading with both your own funds and margin
All Trade Nation offices support margin trading, however, loan conditions vary subject to client status, retail or professional, and requirements of a certain regulator. Retail traders from the UK and Australia can use leverage up to 1:30 for major currency pairs. Pro clients can use much higher leverage. The broker licensed by SCB offers trading currency pairs and metals with leverage up to 1:100 for retail clients, and up to 1:200 for Pro clients. Clients of other offices can trade with leverage up to 1:500.
Traders can trade from any device. TN Trader is available as a web platform for Google Chrome, Microsoft Edge, Firefox, and Safari. Also, it can be used on smartphones run on Android and iOS. MT4 is provided in desktop and mobile versions.
Useful services offered by Trade Nation:
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Real-time newsfeeds broadcast on the Trade Nation proprietary platform;
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Stop orders to manage risks on the trading platform;
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Market information that includes trading schedules that specify holidays, expiry dates of futures contracts, and a dividend correction calendar;
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YouTube channel that offers education for novice traders and guides on how to start trading with Trade Nation.
Advantages:
User account verification takes 1 business day;
Access to automated trading, cash back on fees, and tutorials on Forex;
Client funds are segregated from the broker’s capital;
Trading with a minimum order size of 0.0001 lot;
Leverage for major currency pairs is up to 1:500;
Best Spread Betting Provider and Best Trading Platform awards.
All Trade Nation’s services, including payment processing, inactive account maintenance, and access to the signalDP in-house signal platform, are free for its clients.
Guide on how traders can start earning profits
Trade Nation offers standard, ECN, and cent account types on different platforms, as well as their demo versions. The broker recommends that traders start trading on a demo account, next open a Cent account, and then switch to Standard or Raw Spread accounts.
Account types:
FCA, ASIC, and FSCA divide all clients into retail and professional. Traders with the Pro status get access to Pro accounts with greater trading opportunities and increased leverage.
Trade Nation adjusts its trading conditions to the asset class and regulatory requirements to provide its clients with the most comfortable stay in markets and possibilities to build a successful strategy.
Bonuses from Trade Nation
Rebates under the Loyalty Scheme program
Upon closing their positions, clients receive points that can be used to refund part of the trading fee up to 20%. The maximum rebate for a calendar month is $2,500 or equivalent. This scheme isn’t available with brokers supervised by ASIC and FCA.
Occasionally, the company offers additional bonus programs.
Investment Education Online
Educational materials on the Trade Nation website are not separated and are not structured by levels. The Insights block allows novice traders to explore markets and to trade on a demo account.
Trade Nation doesn’t offer educational materials for novice traders. However, its YouTube channel provides tutorials on trading. Educational webinars and seminars are not available.
Security (Protection for Investors)
Trade Nation is a FinTech holding company with five representative offices. It is regulated by FCA and ASIC.
The Trade Nation office licensed by FCA under number 525164 is a member of the Financial Services Compensation Scheme, which allows its clients to receive refunds of up to GBP 85,000 per request. The broker licensed by ASIC under number 422661 provides its services only to Australian residents.
Also, Trade Nation is licensed by FSCA under number 49846, FSA under number SD150, and SCB under number SIA-F216. These regulators are more loyal. They allow brokers to work with traders from other countries, except for the U.S., to provide larger leverage, and to use cryptocurrency payments.
👍 Advantages
- Traders’ deposits are segregated from the broker’s capital
- Regular monitoring of financial performance and net profits of all subsidiaries
- Negative balance protection for retail clients
👎 Disadvantages
- Cryptocurrency trading is not available in all countries
- Low leverage for retail traders from the UK and Australia
- Compensation is paid only by the office regulated by FCA
Withdrawal Options and Fees
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The amount equal to the deposit is withdrawn by the same method. Profits can be withdrawn to e-wallets, bank accounts, or bank cards open to a client's name. Cryptocurrency withdrawals are not available in any country.
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Withdrawal currency must match the base account currency. The minimum amount is 50 units of the currency.
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Withdrawals to bank cards are made within 2 days, to e-wallets it is within an hour, and to bank accounts it is within 1-5 days. Traders receive cryptocurrency in 1-3 hours upon confirmation of a withdrawal request.
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Trade Nation doesn’t charge withdrawal fees. However, payment providers that process transactions can withhold their fees.
Customer Support Service
Technical support is available only on working days from 22:00 Sunday to 22:00 Friday (GMT). The main language is English.
👍 Advantages
- Round-the-clock support during market trading hours
- Details of trading conditions are provided in live chat
👎 Disadvantages
- Live chat is subject to delays
- No support in instant messengers
Technical support can be contacted by:
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Phone (the number is provided in the website’s footer);
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Email;
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Live chat on the website or in the user account.
Live chat operators respond quickly on the website, however, traders must provide their email at each request.
Contacts
Foundation date | 2019 |
Registration address | Trade Nation Ltd, office № 3 Bayside Executive Park, West Bay Street & Blake Road, Nassau, New Providence, the Bahamas |
Regulation |
FCA, ASIC, FSCA, SCB, and FSA |
Official site | https://tradenation.com/ |
Contacts |
Email:
support@tradenation.com,
|
Review of Trade Nation’s user account
Trade Nation algorithms automatically determine a user’s location and redirect them to websites of offices that provide services in their countries. The user account is created as follows:
Click the “Trade Now” button and choose the registration option — by email or your Google/Apple/LinkedIn profile. Also, make a password to sign into your client portal.
Next, provide information required by the broker, including your phone number, personal data, country of residence, and citizenship. Additionally, choose the account currency and answer questions about your trading experience and available capital to invest in trading.
Upon filling in the registration form, traders must:
Additional features of the user account that allow you to:
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Download/launch a trading platform and create a trading account;
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Communicate with a live chat operator without providing your email;
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Submit a withdrawal request;
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View statistics on trading and financial transactions;
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View the market data, newsfeeds, trading ideas, and tips of Trade Nation experts;
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Switch to a partner portal with statistics on referrals and available payments.
Disclaimer:
Your capital is at risk. Financial Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Find out how Trade Nation stacks up against other brokers.
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FAQs
Do reviews by traders influence the Trade Nation rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Trade Nation you need to go to the broker's profile.
How to leave a review about Trade Nation on the Traders Union website?
To leave a review about Trade Nation, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about Trade Nation on a non-Traders Union client?
Anyone can leave feedback about Trade Nation on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
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