Abstract:Trade Nation is a foreign exchange and CFD broker based in London, UK, offering investors a range of financial products, including foreign exchange, energy, metals, and CFDs. Trade Nation claims to be regulated by FCA (UK), ASIC (Australia), FSCA (South Africa), and SCB (Panama). It does not, however, provide a specific regulation number or show a regulation certificate, so this is obviously false advertising.
General Information & Regulation
Trade Nation is a foreign exchange and CFD broker based in London, UK, offering investors a range of financial products, including foreign exchange, energy, metals, and CFDs. Trade Nation claims to be regulated by FCA (UK), ASIC (Australia), FSCA (South Africa), and SCB (Panama). It does not, however, provide a specific regulation number or show a regulation certificate, so this is obviously false advertising.
Market Instruments
Trade Nation provides investors with financial products such as Forex currency pairs, indices, gold, crude oil, European stocks, US stocks, global stocks, CFDs on stock indices, energy, Bonds.
Minimum Deposit
Trade Nation offers two types of trading accounts on its platform, the spread trading account, and the MT4 CFD account, with no minimum deposit requirements for clients. Both accounts can be opened in different currencies.
Trade Nation Leverage
Trading leverage varies depending on particular instruments. Trade Nation offers 200x leverage on Forex currency pairs, major indices, and gold products, and 1:50 leverage on crude oil.
Spreads & Commissions
There are some spreads on instruments displayed, indeed. Trade Nation's spreads are 0.6 pips on EURUSD, 0.8 pips on GBPUSD, 1 pip on Wall Street 30, 0.3 pips on Gold, and 3 pips on Crude Oil.
Trading Platform
Trade Nation's official website does not indicate which trading platform it offers to traders, but it is pretty sure that Trade Nation offers traders, not the most popular MT4/MT5 trading platforms.
Deposit & Withdrawal
Trade Nation supports traders to deposit and withdraw funds from their investment accounts via debit card, credit card, wire transfer, and Skrill with a minimum withdrawal amount of $50.