Trade Nation Review 2025

Is Trade Nation regulated?

Yes, it is regulated by:

• the UK's Financial Conduct Authority (FCA)
• the Australian Securities and Investments Commission (ASIC)
• the Financial Sector Conduct Authority (FSCA) of South Africa
• the Seychelles Financial Services Authority (FSA)
• and the Securities Commission of the Bahamas (SCB).

Is Trade Nation safe?

To be certain that a brokerage is safe, we highly advise that you check two facts:

• how you are protected if something goes wrong
• the background of the broker.

How you are protected

Regulation is important for you because the investor protection amount and the regulator differ based on which entity you belong to.

Trade Nation provides negative balance protection, depending on your jurisdiction. Having negative balance protection means that if the balance on your account goes into negative territory, you will be protected.

Our brokerage experts put together a comprehensive guide on the safety profile of Trade Nation.

Background

Trade Nation is based in the UK and was established in 2014. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.
Being regulated by a top-tier authority is a great sign for Trade Nation's safety.

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Account base currencies

At Trade Nation, you can choose from the following 8 base currencies:

Trade Nation offers a great base currency selection when compared to its closest competitors.

Why does this matter? For two reasons. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you won't have to pay a conversion fee.

A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.

Deposit fees and options

Trade Nation charges no deposit fees.

You can deposit funds by bank transfer, credit/debit cards, or some electronic wallets.
Trade Nation also accepts BTC, Ethereum & USDT as a deposit method.

Here's all you need to know about minimum deposit requirements and depositing money at Trade Nation.

A bank transfer can take several business days, while payment with a credit/debit card is instant. You can only deposit money from accounts that are in your name.

Trade Nation supports the following electronic wallets:

• Skrill
• FPX
• GrabPay
• AppStore
• GooglePay

Trade Nation withdrawal fees and options

Trade Nation charges no withdrawal fees.
The minimum withdrawal amount is $50, or 50 units of the account base currency. You can use the same options for withdrawal as for depositing.

Read our guide containing all key info on available withdrawal methods and related fees at Trade Nation.

You can only withdraw money to accounts in your name.

How long does it take to withdraw money from Trade Nation? We tested the credit card/bank transfer withdrawal and it took 2 business days.

How do you withdraw money from Trade Nation?

• Click on 'Payments' in the right corner.
• Select the account you’d like to withdraw funds from.
• Select 'Withdraw'.
• Enter the amount and click on 'Continue'.

Can you open an account?

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86% of retail CFD accounts lose money

Trade Nation accepts clients from all over the world, with some exceptions. You can't open an account if you are a resident of the US, Iran, Syria or North Korea.

Read our separate article on how to get your account started with Trade Nation.

What is the minimum deposit at Trade Nation?

The required Trade Nation minimum deposit is $0.

Account types

The broker offers 2 account types, one for retail customers and one for corporate clients:

• Individual account
• Corporate account

Islamic or swap-free accounts are provided by the broker's legal entities overseen by the Seychelles and Bahamas regulators. Note that Trade Nation offers this type of account in certain countries only.

How to open your account

Trade Nation's account opening process is easy and fully digital. The online application takes roughly 5 minutes. Our account was approved within 1 business day.

Follow these five steps to open an individual account at Trade Nation:

1. Click on 'Join us' in the top right corner of the webpage.
2. Provide some personal information.
3. Verify your email address via the confirmation email.
4. Provide some specific information (i.e. country of residence, level of trading expertise).
5. Select the account type.
6. Send a copy of your documents via email (in some cases the account is approved automatically).

Steps for opening a corporate account:

1. Complete Trade Nation's corporate account application form and return it by email.
2. Complete an online application in the name of the company.
3. Summary of the company's business interests.
4. Formal documentary proof (directors, shareholders).

Enter part of the company name within the "First Name" field and the remainder of the company name within the "Last Name" field.

Make sure you select a different email address and username to any applications that you may have previously made.

Note that all documents provided must be in English and certified translations will be required if the original documents are in another language.

Look and feel

The Trade Nation web trading platform is user-friendly and well-designed.

Login and security

Trade Nation provides only a one-step login for its mobile platform. A two-step authentication would be more secure and adding this feature should be high on any company's list of security changes.

You can log in using biometric authentication, which is a convenient feature.

Search functions

The search functions are good.

You can search for assets by name and there are also search categories, like forex, bond, energy, etc.

Placing orders

You can use the following order types on the mobile trading platform:

• Market
• Limit
• Stop

• Stop limit
• Trailing stop
• Guaranteed Stop Loss

There is a single order time limit you can use: Good 'til canceled (GTC).

Alerts and notifications

You can set alerts and notifications on the Trade Nation mobile platform.

Our analysts personally tested Trade Nation's mobile trading platform; read the Trade Nation mobile app review for a detailed verdict on its performance and features.

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86% of retail CFD accounts lose money

Trade Nation offers the following trading platforms:

• Trade Nation's own trading platform, called Made to Trade
• Third-party platforms: MetaTrader 4

For this review, we tested Trade Nation's own platform.

The web trading platform is available in several languages.

Look and feel

The web trading platform is user-friendly and simple, you can easily find all the available functions.

Login and security

Trade Nation provides only a one-step login. A two-step authentication would be more secure and adding this feature should be high on any company’s list of security changes.

Search functions

The search functions are good.

You can search for the name of the asset and see the results by category, such as forex, bond, energy, etc. Note that crypto trading is only available on the web platform.

Placing orders

You can use the following order types:

• Market
• Limit
• Stop-loss
• Stop limit
• Trailing stop
• Guaranteed Stop Loss

What is a Guaranteed Stop Loss Order?

A Guaranteed Stop Loss Order (GSLO) is a tool you can use to limit losses within a trade. By using this tool, you can set a price at which you want to exit the trade – it’s especially useful if you don’t have time to monitor your trade constantly, as the GSLO quits the trade the moment the set price is reached.

Traders can decide to set their GSLO either by percentage or by points. To illustrate, here are some examples:

• By percentage – Let’s say you don’t want the price to fluctuate by more than 5% against your trade. You would set a GSLO at a limit of 5% to prevent any possible losses.
• By points – You open a Buy Apple Share trade at $187.76, but you want to protect yourself if the market moves against you, so you enter a GSLO of $187.60 to minimize possible losses.

You will be charged a minor fee for activating this Guaranteed Stop Loss Order extra feature as soon as you use it. There are also restrictions on how close you may place a GSLO. For example, in the Wall Street 30 index it must be at least 1% away from the current price.
There is a 'Hedging' box in the order panel. Checking this box will allow a new “sell” trade NOT to close an open “buy” trade and vice-versa. Without this box checked, the default is for trades in opposite directions to close off against each other.

If you are unfamiliar with some of these terms or want to learn more, read our overview of order types.

There is a single order time limit you can use: Good-til-Canceled (GTC).

Alerts and notifications

You can set price alerts and notifications on the Trade Nation web trading platform.

Portfolio and fee reports

Trade Nation has clear fee reports.

You can see the performance of your portfolio in the following categories:

• Account Balance
• Credit Allocation
• Open Position P/L
• Account Valuation
• Current Margin
• Available Funds
• % Positions are funded

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86% of retail CFD accounts lose money

Trade Nation is primarily a CFD and forex broker, explaining the lack of other popular asset classes such as real stocks, ETFs, bonds, options or futures. If you're not familiar with CFDs, check out our article on the basics of CFDs.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Crypto trading is only available on the web platform.

At Trade Nation, you cannot change the default leverage level of the products. We think this is something you should be in control of.
Changing the leverage is a very useful feature when you want to lower the risk of your trade. Be careful with forex and CFD trading, as preset leverage levels may be too high. For instance, clients onboarded at the broker's legal entity overseen by the Seychelles regulator have access to 500:1 leverage.

Trade Nation offers a social trading service. In addition, Copy Trading and Signals are available to clients onboarded at the broker's legal entity regulated in the Seychelles.

We recommend Trade Nation for beginners and investors looking for free us stocks/etfs and a simple, easy to use trading platform.

Below you can find links to all aspects of Trade Nation in this comprehensive collection.

Lower fees, lower costs?

We detailed this in our Trade Nation fees article.

What about the minimum deposit?

Our ultimate guide to the Trade Nation minimum deposit is updated regularly.

How to start your Trade Nation account?

Look no further than our evaluation of the Trade Nation account opening.

How's their trading app?

Here's our expert view after checking the Trade Nation trading app.

Is the quality of customer service satisfactory?

All you need to know about the Trade Nation customer service.

Legit or scam?

Is Trade Nation legit features all the key aspects you need to look at to see if a broker is safe and legit.

Free or premium? Or both?

A glance at actual costs and whether Trade Nation is really free.

Is this broker good for beginners?

We checked it in Is Trade Nation good for beginners.

Should you buy your silver bullets on Trade Nation?

Research for silver bugs in the Silver buy on Trade Nation guide

I want to trade options, are they available at Trade Nation?

We explored the topic in Can you trade options on Trade Nation?

What is the minimum account balance at Trade Nation?

Check out the current account balance requirements at Trade Nation in our What is the minimum account balance at Trade Nation article.

Looking for commission and fees data for Trade Nation?

We collected them in Trade Nation commission and fees.

How do you withdraw money from Trade Nation?

We tested it and collected the options and costs in How to withdraw money on Trade Nation.