Trade Nation Logo

Is Trade Nation free?

Your expert
Krisztián G.
Fact checked by
Tamás D.
Updated
18h ago
Personally tested
Data-driven
Independent

Is Trade Nation free as of December 2024?

Disclaimer: 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Trade Nation does not provide access to real stock trading on US markets. If you are looking for a zero-commission broker to trade on US stock exchanges, you can check our article detailing the best apps offered in this category of brokers. If you wish to stick with Trade Nation though, then you will find the fees they charge below.

Visit broker
86% of retail CFD accounts lose money

Overall score
3.8/5
Minimum deposit
$0
FX fee
High
Index CFD fee
Low
Withdrawal fee
$0
Account opening
1 day
Visit Trade Nation

86% of retail CFD accounts lose money

Want to unlock your perfect broker match?
Sign up to receive and save your personalized broker recommendations!

Overview of Trade Nation fees and charges

When it comes to brokerage fees, Trade Nation is a mixed bag. To see how they may affect you, first you need to figure out your approach to trading - i.e. whether you are more of a buy-and-hold investor or if you want to trade frequently; or what type of assets and in what volumes you'll want to trade. Alternatively, use our questionnaire to help you tell whether Trade Nation fees are beneficial for you. Continue reading about Trade Nation fees and charges to see if this is the right broker for you, or if a similar broker like ActivTrades or Spreadex might suit you better.

Here's a high-level overview of Trade Nation's fees

Trade Nation Fees snapshot
Assets Fee level Fee terms
US stock fee - Not available
EURUSD fee High The fees are built into the spread, 0.3 pips is the average spread cost during peak trading hours.
US mutual fund fees - Not available
Inactivity fee Low No inactivity fee

Visit broker
86% of retail CFD accounts lose money

Trade Nation fees explained

Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely because online brokerages' businesses can be much better scaled: from a purely technical standpoint, it doesn't make that much of a difference for them if they have 100 or 5,000 clients.

This is not to say, however, that they don't charge any fees at all. They make money by charging you various rates for various actions or events. Usually you need to keep an eye on the following three types of fees:

  • Trading fees - these are brokerage fees that you pay when you actually carry out a trade, like buying an Apple share or an ETF. What you pay is either a commission, a spread or a financing rate. Some brokers apply all of these.
    • A commission is either fixed or based on the traded volume.
    • A spread is the difference between the buy price and the sell price.
    • A financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
  • Non-trading fees. These are usually related to some operations you carry out in your account, such as depositing money, withdrawing money, or not trading for an extended period.

We compare Trade Nation fees with its closest competitors, ActivTrades and Spreadex.

Visit broker
86% of retail CFD accounts lose money

Trade Nation trading fees

We consider Trade Nation's trading fees high, as they exceed those of most competitors.

Let's break down trading fees according to the different asset classes available at Trade Nation.

Trading fees

Trade Nation's trading fees are average.

Forex fees

Trade Nation's forex fees are high.

Forex fees of a $20,000 30:1 position (open, 1-week-hold and close)
EURUSD benchmark fee
$29.6 $11.6 $9.8
EURGBP benchmark fee
$10.8 $12.5 $10.1

Data updated on December 4, 2024

CFD fees

Trade Nation has low CFD trading fees.

CFD fees and commissions on a $2,000 trade
Apple CFD
$2.1
$1.1
$4.2
Vodafone CFD
$2.1
$2.6
$6.3
Germany
- - -

Data updated on December 4, 2024

Currency conversion fee

Trade Nation will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: Exchange rate received from liquidity providers plus a mark-up. We used the EURUSD trading fees for the calculation..

Visit broker
86% of retail CFD accounts lose money

Trade Nation non-trading fees

When it comes to non-trading fees, Trade Nation is a rather cheap broker.

Non-trading fees include various brokerage fees and charges at Trade Nation that are not related to buying or selling assets. This can be a withdrawal fee, deposit fee, inactivity fee or account fee.

A high-level overview of how Trade Nation stacks up in terms of non-trading fees
Withdrawal fee
$0
$0
$0
Deposit fee
$0
$0
$0
Inactivity fee
No
Yes
No
Account fee
No
No
No

Data updated on December 4, 2024

Visit broker
86% of retail CFD accounts lose money

Overall score
3.8/5
Minimum deposit
$0
FX fee
High
Index CFD fee
Low
Withdrawal fee
$0
Account opening
1 day
Visit Trade Nation

86% of retail CFD accounts lose money

Want to unlock your perfect broker match?
Sign up to receive and save your personalized broker recommendations!

Trade Nation deposit fee

Usually, brokers don't charge anything for deposits, and Trade Nation is no different.

Trade Nation deposit methods
Bank transfer
Yes Yes Yes
Credit/debit card
Yes Yes Yes
Electronic wallets
Yes Yes No
Deposit fee
$0
$0
$0

Data updated on December 4, 2024

Visit broker
86% of retail CFD accounts lose money

Trade Nation withdrawal fee

Trade Nation generally doesn't charge a withdrawal fee.

Trade Nation withdrawal fees and options compared
Bank transfer
Yes Yes Yes
Credit/debit card
Yes Yes Yes
Electronic wallets
Yes Yes No
Withdrawal fee for bank transfer
$0
$0
$0

Data updated on December 4, 2024

Visit broker
86% of retail CFD accounts lose money

Trade Nation inactivity fee

Trade Nation does not apply an inactivity fee, which is great because your account won't be charged even if you do not trade for an extended period (like several months or years).

Visit broker
86% of retail CFD accounts lose money

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.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

Got questions?
Engage with our growing community of traders and investors like you to find your answers.
Join now

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.

author
Krisztián Gátonyi
Author of this article
I have 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. I'm actively involved in reviewing the 100+ brokers listed on our site. I personally open accounts with real money, execute trades, test customer services. I hold an MSc in International Business from the University of Middlesex. My purpose is to help people find the best investment provider.
Media mentions
Visit Trade Nation 86% of retail CFD accounts lose money
×
I'd like to trade with...