Introduction:
Trade Nation is a multi-regulated broker with a unique take on online trading. They offer a simple trading platform that allows traders to trade a variety of financial assets, including FX CFDs, indices, commodities, stocks, and shares. Traders benefit from tight fixed spreads, round-the-clock customer service, up to 1:200 leverage, spread refunds, educational materials, trading signals, and much more.
Trade Nation was established in 2014 as a global FX and CFD broker. The Financial Conduct Authority (FCA), the Australian Securities and Investment Commission (ASIC), the Financial Sector Conduct Authority Commission (FSCA), and the Bahamas Securities Commission are all in charge of regulating it (SCB).
Because it is regulated by many top-tier financial regulators, Trade Nation is regarded safe.
CFDs are sophisticated instruments that carry a high risk of losing money quickly due to their leverage. When trading CFDs with this supplier, 69.9% of retail investor accounts lose money. You should think about whether you understand how CFDs work and whether you can afford to risk losing a significant amount of money.
Who should prefer Trade Nation?
Trade Nation is suggested for traders looking for something a little different in terms of statistics. The broker relies on “exclusive” data sources to provide different perspectives. This broker will appeal to those who value a basic, simplified platform. Customer’s assistance (which is especially important for new traders) is available 24 hours a day, five days a week, so both new and seasoned traders will appreciate what Trade Nation has to offer. The Beginner Guides supplied by Trade Nation are another tool aimed to attract new traders.
Those interested in the concept of “fair trading” should investigate this broker more. Trade Nation claims on its openness, including step-by-step instructions on how brokerage fees operate and why fixed spreads are used on its website. Any financial company or broker, including Trade Nation that makes an effort to prioritize ethics is a good indicator.
Trade Nation’s trading accounts:
Trade Nation provides two types of live trading accounts:
Demo account:
For practise reasons, there is also a demo account available. You can use the demo account to test your trading techniques and become familiar with the broker’s trading platform, goods, and services. You have complete freedom to experiment, learn, and make mistakes.
There may be differences in broker fees because they fluctuate and alter.
Live account:
Low Leverage Accounts (1:30) and High Leverage Accounts (1:30). (1:200). To open a live account, no minimum deposit is necessary, and there is no commission cost because it is already included in the fixed spread. The following currencies are available for account opening: GBP, USD, EUR, AUD, ZAR, DKK, NOK, and SEK.
Trade Nation’s minimum deposit:
Trade Nation does not have a minimum deposit requirement. You’ll simply need enough money to cover your trade’s margin needs. This is advantageous since it allows you to trade with an amount that you are comfortable with, particularly since some brokers require a minimum deposit of thousands of dollars.
Conclusion:
This article provides a very detailed trade nation review. By being truthful and honest, Trade Nation is defying industry norms. It provides competitive, set spreads for a variety of markets and many customer-support measures in place, such as a one-on-one demo account walk-through and extensive video demos. The broker is appropriately regulated and a great choice for customers who are new to the sector.