Recommended for
- forex trading 3.9/5
Trusted broker
- Top-tier regulation in the UK
- Negative balance protection (terms apply)
Popularity
126
people
chose this broker in the last 6 months
BrokerChooser Score
4.0/5
Our take on Trade Nation
Trade Nation is a UK CFD and forex broker. Trade Nation’s account opening is fully digital with no minimum deposit and free withdrawal. Customers have access to excellent research and education tools. Customer support is great. Trade Nation’s product portfolio is slim. There is no live chat, only a chatbot. The desktop trading platform lacks safer login options. BrokerChooser gave Trade Nation a 4.0/5 rating based on analyzing 500+ criteria and testing via opening a live account.
S&P 500 CFD benchmark fee
$2.5
Credit/debit card deposit
Yes
Minimum deposit
$0
Negative balance protection
Yes
Trade Nation pros and cons
Pros
Cons
- Free deposit and withdrawal
- Excellent research and education tools
- Good customer support
- Slim product portfolio
- No live chat
- Desktop platform lacks safer login
Trade Nation main highlights
🗺️ Country of regulation
Australia, Cyprus, Lebanon, Saint Vincent and the Grenadines, Vanuatu
💰 Trading fees class
Average
💰 Inactivity fee charged
No
💰 Withdrawal fee amount
$0
💰 Minimum deposit
$50
🕖 Time to open an account
1 day
💳 Deposit with bank card
Available
👛 Depositing with electronic wallet
Available
💱 Number of base currencies supported
12
🎮 Demo account provided
Yes
🛍️ Products offered
Forex, CFD, Crypto
Fees
Trade Nation has low stock and index CFD fees, no inactivity and withdrawal fees. On the other hand, forex fees are high.
Account opening
The account opening at Trade Nation is fully digital with no minimum deposit. Our account was verified within one business day.
Deposit and withdrawal
Trade Nation offers free deposit and withdrawal options by bank transfer, credit card, and electronic wallet. Nevertheless, the account base currency selection covers only a few currencies.
Web trading platform
CoreTrader2, Trade Nation’s own web trading platform, is user-friendly with a good search function and guaranteed stops. On the negative side, it lacks a two-step login.
Mobile trading platform
CoreTrader2, Trade Nation’s own mobile trading platform, is user-friendly with good search functions. On the negative side, the platform lacks a safer login.
Desktop trading platform
Trade Nation’s desktop trading platform is provided by MetaTrader. The platform is highly customizable with a clear fee report. On the other hand, it lacks a safer login.
Markets and products
Trade Nation’s products are limited to Spread betting, forex and CFD trades. Popular asset classes, such as real stocks, bonds, mutual funds and options are not available.
Research
Trade Nation offers quality research tools, including interactive charts, trading ideas and news. On the flip side, there are no fundamental data.
Customer service
Trade Nation offers phone, email and live chat support. The questions are typically answered quickly and the responses are relevant. We missed live chat and 24/7 availability..
Education
Trade Nation offers great educational content. They provide webinars, quality educational texts and videos. You can test your trading skills with a demo account.
Safety
Trade Nation is regulated by several financial authorities, including the top-tier FCA. On the downside, financial information related to the broker is not publicly available.
