Trade Nation

Trade Nation Review: Is Trade Nation Broker Good?

Broker overview and general information

Trade NationFounded in 2014, it was founded on the idea of winning the market by offering low-cost trading. It has grown from just 10 employees to over 120 today. It has evolved from two small offices in London and Sydney to become a global company with teams operating in the UK, Australia, South Africa, the Seychelles, Malaysia and the Bahamas.

Broker Licensing and Regulation

If you ask whether Trade Nation is good or not, you have to start by considering the license factor first, which has the following licenses:

• Financial Services Authority (FSA Seychelles) License No. SD150 under Trade Nation Financial Markets Limited.

• Financial Conduct Authority (FCA) License No. 525164 under TRADE NATION FINANCIAL UK LTD.

• Australian Securities and Investments Commission (ASIC) License No. 422661 under Trade Nation Australia Pty ltd.

• Securities Commission of the Bahamas (SCB) License No. SIA-F216 under Trade Nation Ltd.

• Financial Sector Conduct Authority (FSCA) License No. FSP 49846 under TRADE NATION FINANCIAL (PTY) LTD.

Broker Products and Services

Trading products

Trade Nation broker offers a wide range of investment products to suit all needs, covering Forex, Commodities, and Indices (Trade Nation's website states that it mainly provides services for these 3 assets).

• Trade Forex: Trade Forex on a variety of global currency pairs with tight spreads, making more profits.

• Indices: Trade on the world’s most popular indices, from the UK100 and Wall Street 30 to the US Tech 100 and Japan 225.

• Commodities: Allows investors to choose to invest in a variety of important and highly demanded commodities in the market, including energy such as oil, steel industries such as copper or aluminum, and even gold and metals.

Trading Platform

You can invest via MetaTrader 4, TradingView and TN Trader (Web browser).

1. MT4:MetaTrader 4It is a trading platform suitable for beginners. It is easy to use. There are many Indicators tools that will help you trade efficiently. It is not complicated. It can be used via PC, Mac and Mobile (iOS, Android).

2. TN TraderIt is a trading platform developed by brokers to provide services to their own investors. It is made under a simple concept of 'made to support trading', which is easy to use, easy to access the system, supports trading and provides excellent insights.

3. TradingView

Trade Nation Account Types

There are 3 types of investor accounts available: MT4 Standard Account, MT4 Raw Account and TN Trader Account.

MT 4 Standard Account

• No minimum deposit

• Commission 0$ Free

• Maximum leverage 1:500

• Spreads start from 0.8 pips

• Fast processing system

• Has deep liquidity

• Easy to deposit and withdraw money

MT 4 Raw Account

• Minimum deposit $1,000

• Commission $3.50 per lot/side

• Maximum leverage 1:500

• Spreads start at 0.0 pips

• Fast processing system

• Has deep liquidity

• Easy to deposit and withdraw money

TN Trader Account

• Commission 0$

• Low Spreads* (non-FX products only)

• Easy-to-use charting and trading functions

• Works on both website and mobile.

• Fast processing system

Deposit and Withdrawal

There are many deposit and withdrawal channels to choose from, meeting the needs of customers from many countries as follows:

Supported deposit/withdrawal channels

• VISA

• Master Card

• Skrill

• Bitcoin

• FPX 

• GrabPay

Broker Customer Service

For foreign investors or Thai investors who want to invest with brokers, you can contact customer service 24 hours a day through this channel.

• Email: [email protected]

• Website:https://tradenation.com/

• X (Twitter):https://twitter.com/itstradenation

• YouTube:https://www.youtube.com/channel/UCUt_0AhuDhi5P7gNSZsx2fw

• LinkedIn: https://www.linkedin.com/company/itstradenation/

• Supported languages:England

Pros and Cons of Trade Nation

Pros :

• It is a broker licensed by various organizations.

• Can be traded via MT4, TradingView and TN Trader.

Cons : 

• Lack of transparency in explaining deposit and withdrawal fees

• Information on each account type is not detailed and some information is missing.

• Not a wide variety of assets to trade (compared to other brokers)

• No Thai language support

• Although regulated by the FCA, it only regulates certain products.

Trade Nation Broker Overview: Is it Trustworthy?

Overall, Trade Nation is a reliable Forex broker, standing out with its reputation as a world-class organization, having offices in many countries, working with international organizations, and receiving various licenses, making it one of the most trustworthy brokers. However, there are some things that need to be carefully considered, such as deposit and withdrawal fees, brokerage products that each organization regulates, and details of each account type.

Frequently Asked Questions about Trade Nation

1. What platforms can I use to trade Forex?

Answer: You can trade via the MetaTrader 4 (MT4) and TN Trader platforms.

2. What is the maximum leverage that can be set?

Answer: Leverage can be set up to a maximum of 1:500 (with leverage varying depending on the chosen asset).

3. How many types of accounts are there to choose from?

Answer: There are 3 types of accounts to choose from: MT4 Standard Account, MT4 Raw Account and TN Trader Account.

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Trade Nation Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.