Trade Nation Review 2021

trade nation

Trade Nation formerly known as Core Spreads, an award-winning, industry leader in low-cost trading. The company grew from a small, one-office team into a global trading presence. Core Spreads was a highly trusted and successful company, and taken that success with us to Trade Nation. Trade Nation was born from a simple belief that customers deserve better.

Trade Nation Review

  • Start year: 2014
  • Country of origin: United Kingdom
  • Regulation: FCA, ASIC, FSCA and SCB
  • Payment options: Credit Card, Mastercard, Skrill, Visa, Wire Transfer
  • Minimum account size: $100
  • Minimum lot size: 0.01
  • Leverage: 1:30 (FCA), 1:200
  • Spreads: 0.6 pips on EUR/USD

Trade Nation Regulation

Trade Nation is regulated by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Securities Commission of The Bahamas (SCB).

Trade Nation is a trading name of Finsa Europe Ltd, a financial services company authorised and regulated by the Financial Conduct Authority under firm reference number 525164. Our registered office is 9th Floor, 30 Crown Place, London, EC2A 4ES, United Kingdom.

Trade Nation is a trading name of Finsa Pty Ltd, a financial services company authorised and regulated by the Australian Securities and Investments Commission, ACN 158 065 635, AFSL No. 422661

Trade Nation Financial (Pty) Ltd, registration number 2018/418755/07, is authorised and regulated by the Financial Sector Conduct Authority, FSP No 49846

Trade Nation Ltd, registration Number 203493 B, is authorised and regulated by the Securities Commission of the Bahamas, SIA-F216.

Trade Nation Trading Account

Trade Nation’s account structure is simple, with the only two types of account available being the low leverage (up to 1:30) and high leverage (up to 1:200) accounts. Customers will not benefit from as reputable regulation or any financial compensation scheme if applying for the high leverage accounts. Market access, fees and trading tools are the same across each account.

Spreads & Commission

Customers benefit from low, fixed spreads at Trade Nation. Both the EUR/GBP and EUR/USD spreads are 0.6 pips before 10pm. The market information sheet provides spread details for all times of the day.

The company is open about their trading fees. Aside from spreads, the only other charge is overnight interest applied to trades. The amount depends on the market being traded and the direction of the trade, clients should contact customer support if specific details are required.

Leverage

Leverage offered by Trade Nation depends on which financial authority the customer’s account is regulated by.

For FCA regulated accounts, leverage up to 1:30 is available, which is the limit imposed by this regulator. For ASIC, FSCA and SCB accounts, leverage up to 1:200 is offered.

As usual, customers should be aware of the risks associated with using leverage to increase positions. While it offers the opportunity to enhance earnings for a given investment, it can also result in increased losses.

Trade Nation Platform

The bespoke platform is intuitive and provides flexible charting functionality through a sleek user interface.

12 interactive graph types are available such as histograms and candle charts, as well as the ability to vary timescales from one minute to one month. It’s also easy to overlay information on graphs, with a good selection of drawing tools available. The optional deal button in the chart view means trades can be executed quickly.

Mobile Apps

Trade Nation provides an app for its trading platform which is available for iOS and Android users to download. While there are no reviews available on Google Play or the App Store, we found it to be quick and easy to navigate, with the ability to create custom market watchlists. Both live and practice accounts can be managed from the app.

Contacts

9th Floor, 30 Crown Place, London, EC2A 4ES, United Kingdom

[email protected]

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