Trade Nation, initially known as Core Spreads, has quickly become a respected trading platform since its inception in 2014. With offices in the U.K., Australia, and the Bahamas, the company has expanded rapidly on the back of its award-winning reputation for low-cost spreads. Committed to transparency and respect for both clients and colleagues, Trade Nation is regulated by some of the world’s most respected financial governing bodies.
Pros and Cons
Pros
- Fixed spreads that start low and stay low
- Access to 1000+ global markets from one account
- Choice between proprietary platform and MT4
- Leverage available for bigger trades with minimal deposit
- No minimum deposit required
- Free withdrawals and deposits
- Negative balance protection
- Regulated by reputable financial governing bodies (FCA, ASIC, SCB)
Cons
- Leveraged trading can also lead to bigger losses
- Limited information on customer support options
Recommended For
Trade Nation is perfect for both part-time and professional traders who are looking to minimise trading costs and gain access to powerful tools that aid in crafting successful strategies. With its user-friendly interface and a comprehensive range of tools, this platform is well-suited for traders who want to make informed decisions and improve their market knowledge.
Regulated By
- Financial Conduct Authority (FCA)
- Australian Securities and Investment Commission (ASIC)
- Securities Commission of the Bahamas (SCB)
Top Features
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Competitive Fixed Spreads
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Negative Balance Protection
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Comprehensive Trading Tools
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Educational Resources
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Demo Account
Overview
- Type of Broker Market Maker
- Regulation & Licensing • Financial Conduct Authority (FCA) • Australian Securities and Investment Commission (ASIC) • Securities Commission of the Bahamas (SCB)
- Clients Accepted from U.K., Australia, South Africa and The Bahamas
- Assets Offered 2,000+
- Platforms Available Web, Mobile, MT4
- Mobile Compatibility iOS, Android
- Payment Types Accepted Debit Cards, Credit Cards, Bank Transfers, Astropay, Neteller and Skrill.
Account Types
|
Standard Account |
Professional Account |
Demo Account |
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Limitations |
Users can only access a demo account for the “Standard Account”. Demo accounts are not available for “Professional Accounts”. |
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Account Currencies |
The base currencies at Trade Nation are: USD, GBP, EUR, DKK, SEK, NOK, AUD, ZAR. |
The base currencies at Trade Nation are: USD, GBP, EUR, DKK, SEK, NOK, AUD, ZAR. |
The base currencies at Trade Nation are: USD, GBP, EUR, DKK, SEK, NOK, AUD, ZAR. |
|
Available Leverage |
1:30 for FX 1:20 for Indices 1:5 for shares |
Up to 1:200 |
Up to 1:200 (1:200 only available when trading under the Bahamas licence) |
|
Copy Trading Support |
No |
No |
No |
|
Commission Per Trade |
Varies |
Varies |
$0 |
|
Trading Instruments |
Stocks, bonds, forex, commodities and more. |
Stocks, bonds, forex, commodities and more. |
Stocks, bonds, forex, commodities and more. |
|
Spreads |
Fixed and low |
Fixed and low |
Fixed and low |
|
Negative Balance Protection |
Yes |
No |
Yes |
Trading Platforms
- The Trade Nation Platform
- MetaTrader 4
Trading and Investment Tools
- One Click Trading Yes
- Trade off Charts Yes
- Email Alerts Yes
- Mobile Alerts Yes
- 24hr Trading Yes
- Charting Package Yes
- Streaming News Feed Yes
- Stop Order Yes
- Market Order Yes
- Trailing Stop Order Yes
- OCO Orders Yes
- Limit Order Yes
Compliance & Regulation
Trade Nation is regulated by three major regulatory bodies: the Financial Conduct Authority, Australian Securities and Investment Commission, and Securities Commission of the Bahamas. Trade Nation Ltd, registration Number 203493 B, is authorised and regulated by the Securities Commission of the Bahamas, SIA-F216. This ensures a high level of compliance and adherence to international standards, giving traders peace of mind while using their platform.
Pricing
One key advantage of trading with Trade Nation is their best-priced fixed spreads across various markets. Unlike variable spreads that can change at a moment’s notice, fixed spreads provide transparency and consistency in trading costs. Traders can also benefit from zero commission fees and no hidden charges with Trade Nation.
Service Details
- Supported Languages English
- Customer Service Hours Trade Nation is open 24/5 from Sunday 10.00pm (GMT) until Friday 10.00pm (GMT).
- Email Response Time Within 24 Hours
- Telephone Orders Yes
- Personal Account Manager No
Reliability & Security
Trade Nation offers negative balance protection to ensure that traders’ accounts do not fall into arrears. If an account balance goes negative, it will automatically be brought back up to zero the next working day (excluding professional traders). This feature offers an added layer of security by preventing traders from losing more than what they have in their accounts.
User Experience
Trade Nation offers an excellent user experience with best-priced fixed spreads and zero commission, ensuring that traders can keep their costs low. Unlike variable spreads, these fixed spreads don’t change suddenly due to market movements, allowing traders to know their costs upfront and avoid unexpected surprises.
The platform also provides a range of powerful trading tools that give traders a competitive edge. Independent insights, real-time news feeds, technical analysis, and drawing tools are all available on the proprietary platform. These tools help users plan successful trading strategies, identify trading opportunities, and decide when to open a trade or take profit.
Trade Nation caters to both part-timers and pro-traders with its curated articles that provide in-depth understanding of financial markets and hot topics of interest. Users can follow Trade Nation on social media for reactive market insights as well.
For those who want to try before they buy, the platform offers a demo version. This allows potential users to experience its intuitive handling and navigation, make dummy trades, and test out the analysis and drawing tools.
Final Thoughts
Trade Nation is a reliable and user-friendly broker that offers plenty of features to help traders succeed in the market. Its fixed spread trading options make it an appealing choice for experienced traders who want to keep costs low while accessing over a thousand markets from a single account.
The broker is also committed to protecting its users’ investments with features such as negative balance protection, which automatically brings a negative balance back up to zero the next working day. This prevents traders from losing more money than they have in their account at any given time.
Trade Nation operates under regulatory bodies such as the Financial Conduct Authority, Australian Securities and Investment Commission, and Securities Commission of the Bahamas, ensuring a trustworthy and secure trading experience.
Contact Info
9th Floor, 30 Crown Place, London, EC2A 4ES, United Kingdom
FAQs
Q: What are the regulatory bodies that oversee Trade Nation?
A: Trade Nation is regulated by the Financial Conduct Authority, Australian Securities and Investment Commission, and Securities Commission of the Bahamas.
Q: Does Trade Nation offer a demo account to try out their platform?
A: Yes, Trade Nation offers a demo account for users to test out their proprietary platform, experience its intuitive handling and navigation, and try out the analysis and drawing tools.
Q: What are some of the unique features of Trade Nation’s platform?
A: Trade Nation offers best-priced fixed spreads with zero commission, negative balance protection, a range of powerful trading tools, and curated articles for both part-time and pro-traders. These features are designed to make trading easy and accessible while providing a competitive edge in the market.
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