Why choose Trade Nation
Trade Nation is a UK CFD and forex broker. Its account opening is fully digital with no minimum deposit and free withdrawal. Customers have access to excellent research and education tools, while customer support is also great.
However, Trade Nation's product portfolio is slim. There is no live chat, only a chatbot. The desktop trading platform lacks safer login options.
BrokerChooser gave Trade Nation a 3.8/5 rating based on analyzing 600+ criteria and testing via opening a live account.
- Free deposit and withdrawal
- Excellent research and education tools
- Good customer support
84% of retail CFD accounts lose money
Fees
- No inactivity fee
- Low stock and index CFD fees
We compared Trade Nation's fees with two similar brokers we selected, ActivTrades and Spreadex. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of Trade Nation alternatives.
High FX fees
All fees are built into the spread, so there is no separate commission charged. For example, the EUR/USD spread is 0.6.
Broker | EURUSD spread | FX commission per lot |
---|---|---|
Trade Nation | 0.6 | No commission is charged |
ActivTrades | 0.9 | No commission is charged |
Spreadex | 0.6 | No commission is charged |
Low index CFD fees
All index CFD fees are built into the spread. The spread for S&P 500 index CFDs is 0.5.
Broker | S&P 500 CFD spread |
---|---|
Trade Nation | 0.5 |
ActivTrades | 1.5 |
Spreadex | 0.6 |
Low stock CFD fees
All stock CFD fees are built into the spread. The spread for Apple stock CFDs is 0.4.
Broker | Apple CFD |
---|---|
Trade Nation | $2.1 |
ActivTrades | $1.1 |
Spreadex | $4.2 |
No inactivity fee, low withdrawal fee
The company charges no inactivity fee, there is no account fee, and deposit and withdrawal options are also free of charge.
Broker | Inactivity fee | Withdrawal fee |
---|---|---|
Trade Nation | $0 | |
ActivTrades | $0 | |
Spreadex | $0 |
Safety
- Majority of clients belong to a top-tier financial authority
- Negative balance protection
Deposit and withdrawal
- Credit/Debit card available
- Free withdrawal
- No deposit fee
Account opening
- Fast
- Fully digital
- No minimum deposit
Mobile app
- User-friendly
- Good search function
- Order confirmation
Desktop platform
- Clear fee report
- Good customizability (for charts, workspace)
- Price alerts