Trade Nation It's a pretty cool online broker that's been making waves in the trading world since 2014. They offer low-cost fixed spreads and a user-friendly platform that's great for both beginners and experienced traders. What really sets them apart is their commitment to transparency and trust – they're regulated by authorities in the UK, Australia, South Africa, and the Bahamas. Plus, they've got a ton of markets to choose from, including forex, CFDs, and spread betting.
Starting Off with an Introduction to Trade Nation
Trade Nation is a low-cost CFD and forex broker offering fixed spreads on over 1000 markets. Founded with a mission to provide transparency and value in trading, the company has positioned itself as a pioneer in the industry. Trade Nation caters to traders of all experience levels, offering a range of powerful trading platforms including their proprietary TN Trader, the popular MetaTrader 4, and a copy trading app called TradeCopier.
Led by CEO Stuart Lane, Trade Nation has established a strong presence in the global financial markets. The company's main headquarters is located at 14 Bonhill Street, London, EC2A 4BX, United Kingdom. It operates under multiple regulatory jurisdictions, including the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA) in South Africa, among others.
Key Feature | Details |
---|---|
Foundation Year | 2014 |
Headquarters Country | United Kingdom (London) |
Regulation | FCA (UK), ASIC (Australia), FSCA (South Africa), SCB (Bahamas), FSA (Seychelles) |
Products | Forex, Indices, Commodities, Shares, Cryptocurrencies |
Platforms | TN Trader (proprietary), MetaTrader 4, TradeCopier |
Account Types | Standard, Raw Spread, TN Trader |
Minimum Deposit | $0 |
Spreads | Fixed spreads from 0.6 pips (varies by instrument) |
Commissions | $7/lot on MT4 Raw Spread account |
Max Leverage | Up to 1:30 for retail clients (may vary by regulator) |
Education | Articles, videos, trading guides, glossary, daily market reports |
Research | Daily market updates, news feed, trading signals, technical analysis |
Customer Support | 24/5 via chat, email, phone |
Trade Platforms & Tools
One of Trade Nation's key strengths is its selection of powerful trading platforms:
1. TN Trader
Trade Nation's proprietary web-based platform, TN Trader, is designed for ease of use while still packing in advanced features:
2. MetaTrader 4 (MT4)
For those who prefer the industry-standard MT4 platform, Trade Nation has you covered. MT4 offers:
3. TradeCopier
Trade Nation's copy trading app, TradeCopier, allows you to automatically mirror the strategies of expert traders in real time. Features include:
Trade Nation Account Types
Offers two main account types: Individual and Corporate accounts.
The Individual account is designed for retail traders, while the Corporate account caters to institutional clients. Both account types provide access to Trade Nation's range of markets and competitive fixed spreads, with some differences in features and requirements.
The Individual account has a low minimum deposit of just $0, making it accessible to beginner traders. It offers leverage up to 1:30 for clients under FCA and ASIC regulations. The Corporate account is tailored for larger-scale traders and institutions, with higher leverage options available depending on the regulatory jurisdiction.
Feature | Individual Account | Corporate Account |
---|---|---|
Minimum Deposit | $0 | Varies |
Maximum Leverage | 1:30 (FCA, ASIC), 1:200 (SCB) | Higher than 1:30, varies by regulator |
Spreads | Low-cost fixed | Low-cost fixed |
Commissions | None on TN Trader, $7/lot on MT4 Raw | Varies |
Platforms | TN Trader, MT4, TradeCopier | TN Trader, MT4, TradeCopier |
Assets | Forex, indices, commodities, shares, crypto | Forex, indices, commodities, shares, crypto |
Islamic Account | Not available | Not available |
Deposits & Withdrawals
Trade (TN) has a low minimum deposit of just $0, making it accessible to new traders. The broker supports a variety of deposit and withdrawal methods:
Method | Currencies | Deposit Fee | Withdrawal Fee | Deposit Time |
---|---|---|---|---|
Credit/Debit Card | USD, NOK, ZAR | 0% | 0% | Instant |
Digital Wallet | USD, NOK, ZAR | 0% | 0% | Instant |
Cryptocurrency | USD, NOK, ZAR | 0% | $30-205 equivalent | Instant |
Bank Transfer | USD | 0% | $50 | 1 business day |
Local Bank Transfers | IDR, MYR | 0% | $0.50 | Instant |
Notably, Trade Nation absorbs all deposit fees and only charges a small withdrawal fee on bank transfers and crypto. Deposits and withdrawals are free and instant for most methods.
Trade Asset Classes
Trade Nation offers a diverse range of asset classes for CFD trading, providing opportunities across global markets. Clients can trade over 1000 instruments, including forex, indices, commodities, shares, and cryptocurrencies. The forex selection covers 46 currency pairs, from majors like EUR/USD to exotics like USD/SEK. Trade Nation's index CFDs span key benchmarks such as the S&P 500, FTSE 100, and DAX 30. For commodities, traders can access popular markets like gold, silver, oil, and natural gas. The broker's share CFDs cover hundreds of global companies, while a range of cryptocurrency pairs are also available.
Frequently Asked Queries
What trading instruments does Trade Nation offer?
Trade Nation offers over 600 tradable markets, including 33 forex pairs, 525 US and UK shares, commodities, and crypto derivatives (for non-UK residents).
How user-friendly is the Trade Nation platform?
Trade Nation's simple user interface is intuitive and well-suited for new traders, making it easy to execute trades and monitor markets.
What charting tools are available on Trade Nation?
Trade (TN) uses ChartIQ, providing 95 indicators and 35 drawing tools for flexible price data interpretation. Trading signals are also available.
Does Trade Nation offer mobile trading apps?
Yes, Trade offers free iOS and Android apps that closely mirror the web platform, with charting tools, watchlists, and alerts.
What are the fees and spreads like on Trade Nation?
Trade offers competitive fixed spreads (0.6 to 1.4 pips) and generally good value for money compared to other brokers.
What deposit and withdrawal methods does Trade Nation support?
Trade (TN) supports Visa, Mastercard, Bank Transfer, and Skrill. There is no minimum deposit, and withdrawals have a $50 minimum.
What unique features does the Trade Nation mobile app offer?
The Trade (TN) mobile app features a Smart News section with headlines and curated tweets, as well as integrated trading signals.
How can traders get support from Trade Nation?
Trade Nation's Customer Success Team is available 24 hours, Monday to Friday, via chat, email, or phone to assist traders.
Bottom Line
Trade Nation is a robust and reliable choice for traders seeking a transparent and cost-effective trading experience. With its commitment to offering low-cost fixed spreads and a user-friendly platform, Trade (TN) appeals to both novice and experienced traders. The platform's extensive range of trading instruments, including forex, CFDs, and commodities, ensures that traders have ample opportunities to diversify their portfolios. Additionally, Trade Nation's strong regulatory oversight across multiple jurisdictions, including the UK, Australia, and the Bahamas, provides traders a secure environment to conduct their trading activities.