Is Trade Nation free?

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.

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Trade Nation fees
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 Individual Account: the fees are built the into the spread; fixed spread cost is in 0.6 pips.
US mutual fund fees - Not available
Inactivity fee Low No inactivity fee

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69.9% of retail CFD accounts lose money

Trade Nation fees
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.

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69.9% of retail CFD accounts lose money

Trade Nation fees
Trade Nation trading fees

Trade Nation's trading fees are mixed, which means that some asset classes come with high trading fees - be sure to check these carefully.

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)
Trade Nation ActivTrades Spreadex
EURUSD benchmark fee $13.1 $8.1 $6.6
EURGBP benchmark fee $13.3 $9.4 $8.0

CFD fees

Trade Nation has low CFD trading fees.

CFD fees and commissions on a $2,000 trade
Trade Nation ActivTrades Spreadex
Apple CFD $0.4 $1.2 $3.2
Vodafone CFD $1.7 $2.3 $2.3
Germany - - -

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69.9% of retail CFD accounts lose money

Trade Nation fees
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
Trade Nation ActivTrades Spreadex
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee No Yes No
Account fee No No No

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69.9% of retail CFD accounts lose money

Trade Nation fees
Trade Nation deposit fee

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

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

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69.9% of retail CFD accounts lose money

Trade Nation fees
Trade Nation withdrawal fee

Trade Nation generally doesn't charge a withdrawal fee.

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

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69.9% of retail CFD accounts lose money

Trade Nation fees
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).

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69.9% of retail CFD accounts lose money

Author of this article

Krisztián Gátonyi

Author of this article

Krisztián has 10+ years of experience in proprietary trading in the interbank currency market as a foreign exchange risk manager. He is interested also 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 10+ years of experience in proprietary trading in the interbank currency market as a foreign exchange risk manager. He is interested also 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

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