FBRForex Broker Rating
ET
Written by Editorial Team
Updated
Trade Nation logo

Trade Nation Review

Overall Rating
4.3 / 5
Fees
4.5 / 5
Safety
4.5 / 5
Platforms
4.4 / 5
Education
3.0 / 5
Min. deposit
$0

Trade Nation — At a Glance

Regulation
FCA (United Kingdom), ASIC (Australia), FSA (Seychelles), SCB (Bahamas), FSCA (South Africa)
Broker Type
Market Maker
Minimum Deposit
$0
Payment Methods
Bank Transfer, Local Bank Transfer, Credit Card, Debit Card, Google Pay, Apple Pay, Cryptocurrency, Skrill, Neteller, Paypal, AO Pay
Account Currencies
USD, GBP, EUR, DKK, SEK, NOK, AUD, ZAR, CHF
Assets Offered
Forex, CFDs
Trading Platforms
TN Trader Web Platform, TN Trafer Mobile App, TradingView, MetaTrader 4 (MT4)
Demo Account
Yes
Maximum Leverage
1:200
Spread Type
Fixed
Spread From
0.6 PIPS
Commission
No commission
Decimal Pricing
5 decimals
Minimum Lot Size
0.01
Maximum Lot Size
100
Swap Free Account
Yes
Managed Account
No
PAMM / MAM Trading
No
Joint Account
No
Social / Copy Trading
Yes
Hedging
Yes
Scalping
Yes
One Click Trading
Yes
OCO Orders
Yes
Trailing Stop Loss
Yes
API Access
Yes
VPS Hosting
Yes
Bonuses
No
Contests
No
Headquarters
14 Bonhill Street, London, EC2A 4BX, United Kingdom
International Offices
United Kingdom, Australia, South Africa, Seychelles, The Bahamas, Portugal
Languages
English, Spanish, Italian, Portuguese, French, Hungarian, German, Danish, Slovenian, Swedish, Norwegian, Catalan, Vietnamese
Customer Support
Live Chat, Email, Phone

Pros & Cons

Pros

  • +Strong regulatory oversight
  • +Fast and easy account opening
  • +Demo account available
  • +No minimum deposit requirement
  • +Multiple fast and secure payment methods
  • +Multiple account currency options
  • +Free deposit and withdrawal
  • +Negative balance protection
  • +Low forex trading fee
  • +No inactivity fee
  • +User-friendly desktop and mobile platform
  • +Supports TradingView and MT4
  • +Integrated copy trading feature available
  • +No restriction on trading stragies

Cons

  • Limited product offering
  • No MT5 support
  • No integrated PAMM trading feature
  • Swap-free accounts not offered
  • Basic educational resources
  • Limited research tools
  • Customer support service could be improved

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.