Trade Nation Logo
Fact checked by:
Bence András Rózsa
Updated:
Dec 2022
Recommended for
  • forex trading 3.9/5
Trusted broker
  • Top-tier regulation in the UK
  • Compensation in case of broker bankruptcy (terms apply)
  • Negative balance protection (terms apply)
Popularity
127 people chose this broker in the last 6 months

Our take on Trade Nation

Trade Nation is a UK CFD and forex broker. Trade Nation's account opening is fully digital with no minimum deposit and free withdrawal. Customers have access to excellent research and education tools. Customer support is great. 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 4.0/5 rating based on analyzing 500+ criteria and testing via opening a live account.

BrokerChooser score
4.0 /5
Visit broker 81.3% of retail CFD accounts lose money
Trade Nation is not available in United States
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S&P 500 CFD benchmark fee
$2.5
Credit/debit card deposit
Yes
Minimum deposit
$0
Negative balance protection
Yes
Pros
Cons
Free deposit and withdrawal
Slim product portfolio
Excellent research and education tools
No live chat
Good customer support
Desktop platform lacks safer login
Expert opinion
“I recommend Trade Nation for spread, forex and CFD traders looking for a great trading platform and quality customer service.”
Gergely Korpos
Co-founder / CPO

Trade Nation main highlights

🗺️ Country of regulation UK, Australia, South Africa, Bahamas
💰 Trading fees class Average
💰 Inactivity fee charged No
💰 Withdrawal fee amount $0
💰 Minimum deposit $0
🕖 Time to open an account 1 day
💳 Deposit with bank card Available
👛 With electronic wallet Available
💱 Number of base currencies 8
🎮 Demo account provided Yes
🛍️ Products offered Forex, CFD, Spread betting

Trade Nation summary

To read much more details about the broker's services and features, expand on the sections below.

Trade Nation review
Fees

Score: 3/5
+
Trade Nation has low stock and index CFD fees, no inactivity and withdrawal fees. On the other hand, forex fees are high.
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Trade Nation review
Account opening

Score: 5/5
+
The account opening at Trade Nation is fully digital with no minimum deposit. Our account was verified within one business day.
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Trade Nation review
Deposit and withdrawal

Score: 4.5/5
+
Trade Nation offers free deposit and withdrawal options by bank transfer, credit card, and electronic wallet. Nevertheless, the account base currency selection covers only a few currencies.
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Trade Nation review
Web trading platform

Score: 4.5/5
+
CoreTrader2, Trade Nation's own web trading platform, is user-friendly with a good search function and guaranteed stops. On the negative side, it lacks a two-step login.
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Trade Nation review
Mobile trading platform

Score: 4.3/5
+
CoreTrader2, Trade Nation's own mobile trading platform, is user-friendly with good search functions. On the negative side, the platform lacks a safer login.
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Trade Nation review
Desktop trading platform

Score: 3.4/5
+
Trade Nation's desktop trading platform is provided by MetaTrader. The platform is highly customizable with a clear fee report. On the other hand, it lacks a safer login.
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Trade Nation review
Markets and products

Score: 1.4/5
+
Trade Nation's products are limited to Spread betting, forex and CFD trades. Popular asset classes, such as real stocks, bonds, mutual funds and options are not available.
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Trade Nation review
Research

Score: 4.3/5
+
Trade Nation offers quality research tools, including interactive charts, trading ideas and news. On the flip side, there are no fundamental data.
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Trade Nation review
Customer service

Score: 5/5
+
Trade Nation offers phone, email and live chat support. The questions are typically answered quickly and the responses are relevant. We missed live chat and 24/7 availability.
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Trade Nation review
Education

Score: 5/5
+
Trade Nation offers great educational content. They provide webinars, quality educational texts and videos. You can test your trading skills with a demo account.
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Trade Nation review
Safety

+
Trade Nation is regulated by several financial authorities, including the top-tier FCA. On the downside, financial information related to the broker is not publicly available.
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Trade Nation review
Bottom line

All things considered, Trade Nation is a solid CFD/forex broker.

Its main advantages are the fully digital account opening with no minimum deposit and free withdrawal, excellent research and education tools, and superb customer support.

On the downside, its product portfolio is limited to just a few product types, as it offers spread betting, CFDs and forex instruments. There is no live chat, only a chatbot. The broker's trading platforms lack the safer, two-step login.

As trading fees are low and your account will be opened quickly, feel free to try Trade Nation.

Visit broker
81.3% of retail CFD accounts lose money

Trade Nation review
FAQ

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Author of this review

Krisztián Gátonyi

Author of this review

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. Since joining BrokerChooser, he analyzed and tested 50+ brokers. He received his MSc degree in International Business from the University of Middlesex. He is also interested in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. Since joining BrokerChooser, he analyzed and tested 50+ brokers. He received his MSc degree in International Business from the University of Middlesex. He is also interested in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Visit Trade Nation
81.3% of retail CFD accounts lose money

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