Trade Nation offers user-friendly platforms, such as MT4, TradingView, TN Trader, and TradeCopier, cater to both beginners and advanced traders, offering features like copy trading and commission-free trades.
Traders can choose from multiple account types, including real and demo accounts, with USD as the base currency and a minimum order size of 0.0001 lots. Islamic accounts are also available to accommodate religious beliefs.
Trade Nation’s Company Information & Regulation Status
Established in 2014, Trade Nation broker fosters an inclusive environment where both new and seasoned traders can thrive.
With low-cost fixed spreads and specializing in CFD trading, the firm prides itself on its products and services, creating a supportive atmosphere for traders to achieve their goals.
The broker operates under the oversight of several reputable financial authorities, ensuring a high level of security and compliance; Trade Nation Regulation:
- UK: Financial Conduct Authority (FCA);
- Australia: Australian Securities and Investments Commission (ASIC);
- Seychelles: Financial Services Authority (FSA);
- Bahamas: Securities Commission of the Bahamas (SCB);
- South Africa: Financial Sector Conduct Authority (FSCA).
Trade Nation Broker Summary of Specifics
TradeNation has carved out a niche by offering a unique blend of features catering to a wide range of traders; Trade Nation Features:
Broker | Trade Nation |
Account Types | Real, Demo |
Regulating Authorities | FCA, ASIC, FSA, SCB, FSCA |
Based Currencies | USD |
Minimum Deposit | No minimum deposit |
Deposit Methods | Visa, Apple Pay, Astro Pay, Bank Transfer, Binance Pay, Skrill, Neteller, Cryptocurrencies |
Withdrawal Methods | Bank Transfer, Credit/Debit Card, E-Wallets |
Minimum Order | 0.0001 |
Maximum Leverage | 1:30 |
Investment Options | No |
Trading Platforms & Apps | TradeCopier, MT4, TradingView, TN Trader |
Markets | Forex, Indices, Commodities, Stocks, Cryptocurrencies |
Spread | 1.5 pt |
Commission | 0 |
Orders Execution | Market, Instant |
Margin Call/Stop Out | 100%/50% |
Trading Features | CFD Trading, Copy Trading, Fixed Spreads |
Affiliate Program | YES |
Bonus & Promotions | YES |
Islamic Account | YES |
PAMM Account | NO |
Customer Support Ways | Email, Live Chat, Phone |
Customer Support Hours | 24/5 |
Trade Nation's integration with TradingView is particularly noteworthy.
It allows traders to leverage powerful charting tools and a vibrant social trading community while executing trades directly through their TradeNation account.
Trade Nation Types of Account
The broker primarily offers a standard account type for retail and professional traders; Standard Account Features:
- No minimum deposit for most payment methods;
- Access to all available markets and instruments;
- Fixed spreads across all trading sessions;
- Leverage up to 1:30 for retail clients (higher for professionals, subject to regulatory restrictions);
- No commission charges on trades.
It is worth nothing that the broker provides Demo Accounts for new clients to deep their toes into the platform before creating real account.
Trade Nation Signup & Verification
Getting started with Trade Nation is a straightforward process.
Trade Nation Opening Account and Verification:
- Click the "Sign Up" button on the TradeNation website;
- Enter your email and set a password;
- Choose your country of residence and nationality;
- Agree to the terms and conditions;
- Enter a preferred name;
- Provide your phone number;
- Verify your phone number by an SMS sent to it;
- Complete your financial profile;
- Pass the ID check step as you follow the instructions;
- Wait for Trade Nation to verify your documents (usually within 1-2 business days).
The verification process is crucial for maintaining the security and integrity of the trading environment.
Trade Nation Broker’s Trading Platforms
As with many Forex Brokers, TradeNation offers a diverse range of trading platforms to suit different trader preferences; Trade Nation Platforms:
- TN Trader;
- MT4;
- TradingView;
TN Trader
It is Trade Nation's proprietary platform; TN Trader Features:
- Intuitive interface for easy navigation;
- Advanced charting tools and technical indicators;
- Real-time market analysis;
- Mobile app for on-the-go trading.
MetaTrader 4 (MT4)
What you should expect from MetaTrader4, are many; MetaTrader 4 Features:
- Industry-standard platform with extensive customization options;
- Advanced technical analysis tools;
- Large community of traders and developers.
TradingView
TradingView brings attractive options to the table; TradingView Features:
- Access to TradingView's powerful charting and analysis tools;
- Custom indicators and analysis tools;
- Social trading features for sharing ideas and following other traders;
- Execute your trades directly from TradingView.
TradeCopier
TradeCopier is to facilitate copy trading for TradeNation’s customers; TradeCopier Features:
- Automatically mirror the trades of expert traders;
- Customize risk levels and allocation;
- Monitor performance in real-time.
This diverse platform ensures traders of all skill levels and preferences can find a suitable trading environment within the Trade Nation ecosystem.
Trade Nation’s Spread and Commission Structure
One of Trade Nation's standout features is its fixed spread model. With 1.5 pt spreads on TradeNation and trading 3 times a day, your total cost will be $3,402 after 1 trading year.
This means you can save a lot of money when choosing TradeNation compared to some rivals like Pepperstone and IG brokers.
Trade Nation Deposit & Withdrawal Methods
TradeNation offers a variety of payment methods to accommodate traders from different regions; Trade Nation Payment Options:
- Credit Cards (Visa);
- ApplePay;
- AstroPay;
- Bank Transfer;
- Binance Pay;
- E-wallets (including Skrill and Neteller);
Key points about deposits and withdrawals:
- No minimum deposit for most payment methods;
- Cryptocurrency deposits have a minimum of $30 (USD);
- Minimum withdrawal of $50 in any currency;
- Trade Nation covers fees for both deposits and withdrawals.
The broker also offers local banking options for Southeast Asian and African clients, demonstrating its commitment to serving a global clientele.
Copy Trading & Investment Options Offered on TradeNation Broker
Trade Nation offers copy trading functionality through their TradeCopier app on the MT4 platform.
While Trade Nation doesn't offer PAMM (Percentage Allocation Management Module) accounts, their copy trading feature provides a similar way for less experienced traders to leverage the expertise of successful traders.
Trade Nation Bonuses and Promotions
While TradeNation doesn’t offer traditional bonuses, there are incentives to attract and retain traders; Trade Nation Promotions:
- Loyalty Program: Earn up to 20% back in rebates based on trading volume;
- Affiliate Program: Partners can earn commissions through referring clients to the broker (Minimum of $100 commission);
Trade Nation Broker Support Team
TradeNation prides itself on providing responsive and knowledgeable 24/5 customer support; TradeNation Client assistance:
- Phone: +1 844 907 8776;
- Email: support@tradenation.com;
- live chat.
Trade Nation Trust Scores & Reviews
TradeNation has garnered positive reviews from traders and industry experts alike, with a rating of 4.5 out of 5 on Trustpilot.
Key factors contributing to this high trust score include:
- Oversight by multiple tier-1 regulators;
- Fixed spreads with no hidden fees;
- User-friendly proprietary platform and integration with popular third-party solutions;
- Quick and helpful assistance;
- Comprehensive learning materials for traders of all levels.
Conclusion and Final Words
Trade Nation, with no minimum deposit for most payment methods and a minimum deposit of $30 for cryptocurrencies, makes trading accessible to a broad audience.
Trustpilot reviews give it a solid score of 4.5/5. Educational resources like a demo account, webinars, and market analysis make Trade Nation an appealing choice.
However, restrictions on certain countries, including the United States, Canada, Australia, and the United Kingdom, may limit its reach.