Trade Nation Review 2025
Why Trade With Trade Nation?
"Trade Nation is a suitable platform for new traders, offering diverse financial markets in a user-friendly environment. It has no minimum deposit requirement, provides free funding options, and robust educational resources."
USA not accepted
Detailed Ratings
Quick Facts
Pros
- The brand offers a variety of trading platforms and apps, like MT4, suitable for skilled traders.
- Trade Nation, a widely recognized and regulated broker, formerly functioned as Core Spreads.
- Global traders can trade using various account currencies.
- Trade a variety of investments using leveraged CFDs for buying and selling opportunities.
- Beginners can start trading with a small initial deposit.
Cons
- Lower legal safeguards with overseas businesses.
Trade Nation offers trading in forex, indices, commodities, shares, and crypto. They pride themselves on being fair and transparent.
Explore our review of Trade Nation’s platforms, apps, and market offerings to see if opening an account suits you.
We also discuss the broker’s regulatory status, trading fees, and leverage opportunities.
Company History & Overview
Trade Nation, previously called Core Spreads (2014-2019), is a global broker regulated by authorities in the UK, Australia, South Africa, Bahamas, and Seychelles.
It’s great at simplifying market access, eliminating confusing jargon, and providing strong customer support during trading.
Traders can access alternative data and market insights to make smart decisions.
Moreover, the platform’s competitive fees and top-notch trading tools are big advantages for traders.
Trading Platforms
Trade Nation offers both its own platform and MetaTrader 4 (MT4).
MetaTrader 4
MT4, popular for forex trading, supports customizable charts and trading robots. It includes 38 built-in indicators and 2,000 custom indicators, plus 24 analytical tools. The MQL4 language allows users to automate trading. Live signals can be accessed in the MetaTrader marketplace.
Made To Trade
The bespoke platform is intuitive, providing flexible custom chart options and quick execution through a user-friendly interface. Helpful demonstration videos guide new users through platform features.
To trade using MT4, download the software or use the web trader. Select your asset, specify trade size, stop loss, and take profit levels, then choose ‘Buy’ or ‘Sell’ to execute.
Assets & Markets
Trade Nation excels in transparency, offering detailed information sheets for all instruments, including spreads and trading hours. They provide 30+ forex pairs, over 20 popular indices, differential indices, various commodities, bonds, and shares from the UK, Europe, and Asia. Through the Bahamas entity, you can also trade cryptocurrencies. With over 1000 assets available, Trade Nation offers more trading opportunities than many competitors.
Assets & Markets Details
- Instruments: Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Spread Betting, Cryptos (Bahamas Entity Only)
- Leverage: 1:500 (entity dependent)
- Margin Trading: Yes
- Stock Exchanges: Australian Securities Exchange (ASX), CAC 40 Index France, DAX GER 40 Index, Deutsche Boerse, Dow Jones, Euronext, FTSE UK Index, Hang Seng, Hong Kong Stock Exchange, IBEX 35, Japan Exchange Group, London Stock Exchange, Nasdaq, New York Stock Exchange, S&P 500, SIX Swiss Exchange
- Commodities: Aluminium, Copper, Gold, Oil, Silver, Zinc
- Crypto Coins: BTC, ETH, LTC
Spreads & Commission
Trade Nation is known for its competitive fees through variable spreads on forex via its web platform. This gives traders an edge with current market conditions.
For traders interested in indices, commodities, and bonds, you’ll find fixed spreads. These provide clear upfront pricing, although they were raised in 2023.
Transparency is key at Trade Nation. Besides spreads, traders only face overnight interest fees on open positions, varying with the market and investment direction.
Trade Nation Leverage
Leverage varies based on your account’s regulator. For FCA and ASIC accounts, the maximum leverage is 1:30. FSCA and SCB accounts offer up to 1:200. If you have an FSA Seychelles account, you can get leverage up to 1:500. Remember, while leveraging can boost potential earnings, it also increases the risk of larger losses.
Mobile Apps
MetaTrader 4
MetaTrader 4’s app lets you trade forex from anywhere and is available 24/5. It has positive reviews for account management and market news access. The app supports automated bots and one-click trading, with various order types. However, detailed technical analysis is easier on the desktop version.
Made To Trade
Trade Nation offers a user-friendly app for both iOS and Android users. Creating custom market watchlists is quick and easy. You can manage live and practice accounts on the app.
Deposits & Withdrawals
Trade Nation offers various ways to deposit funds. You can use Visa, Mastercard, Skrill, or bank transfer. UK clients may also use PayPal. Credit and debit card deposits are instant, while bank transfers can take up to three days. No minimum deposit makes Trade Nation friendly for beginners.
Withdrawals go back to the deposit source. It can take up to five days, and there are no fees from Trade Nation. Your bank or a third party might charge fees, though. The minimum withdrawal amount is 50 units of your account currency.
Demo Account
Trade Nation excels with its free practice platform, letting you test strategies using $5,000 in virtual funds. The broker offers a helpful one-to-one walkthrough for their demo account, even available through a website callback.
How To Register For A Demo Account
- Visit the broker’s website and go to ‘Insights’
- Click ‘Try Our Demo’
- Select ‘Sign Up’
- Provide your name, email, and password
- Answer questions about your location, trading experience, and account type
- Activate the paper trading account and log in
Bonuses & Promotions
Trade Nation rewards traders with a loyalty scheme offering cashback on every open position. You get a 200-point sign-up bonus when you open an account, plus one point for every USD traded. At the end of each month, your points are tallied, and a rebate is applied the following month. You can keep these rebates for trading or withdraw them as cash. As your investment grows, so does the value of your points. Rebates start at 2% for 200 points and can climb to an impressive 20% for over 10,000 points. Unfortunately, this scheme is only for non-FCA and non-ASIC customers. Trade Nation also holds competitions with partner companies, so keep an eye on their website for exciting promotions.
Regulation & Licensing
Trade Nation stands out for its licensing and regulatory compliance across several countries. In the UK, it’s backed by the FCA with an £85,000 deposit protection through the FSCS. Using Signal Centre, it offers trading signals for indices, currencies, and commodities, all FCA-approved.
In Australia, Trade Nation operates under ASIC regulation, while in South Africa, it’s controlled by the FSCA. In the Bahamas, the regulation comes from the SCB, and in Seychelles, by the FSA. However, accounts under these three jurisdictions lack a compensation scheme.
Additional Features
Trade Nation shines with its Smart News feature on their platform and app. This offers unique insights from independent sources for traders. By linking social media with events like central bank meetings, traders receive threads tailored to their interests for fresh market insights.
Their educational tools are also impressive. They include a jargon buster and searchable articles on market updates and company news, perfect for beginner traders.
Trade Nation Seychelles offers easy signals and copy trading. Mimic the strategies of seasoned traders—ideal for those short on time or eager to learn.
Trade Nation Account Types
Trade Nation offers a straightforward account setup with two options: low leverage (up to 1:30) and high leverage (up to 1:200 or 1:500). Be aware, high leverage accounts lack FCA or ASIC regulation and any financial compensation scheme. Regardless of account type, market access, fees, and trading tools are consistent. Muslim traders can benefit from Islamic-friendly accounts in select countries, where swap fees are waived under SCB and FSA branches.
Trading Hours
Forex operates 24/5, unlike other markets with local trading hours. Trade Nation provides a useful market information sheet detailing trading hours for each market it offers.
Customer Support
Trade Nation excels in personal support with no robots involved. Customer service is accessible 24/5, from Sunday 10 PM to Friday 10 PM GMT. There’s a responsive live chat, and you can also reach them by email or phone:
- Email: support@tradenation.com
- Phone: +44 (0) 203 180 5952 (all offices)
Security & Safety
Trade Nation impresses by asking all clients about their trading experience before account setup. If responses fall short, a practice account is required first. The broker’s bank accounts are segregated, and they follow strict data privacy practices across all accounts. They also offer negative balance protection. Our experts found it provides a relatively secure trading environment.
Trade Nation Verdict
Trade Nation stands out for its transparency and honesty, challenging industry norms effectively. It offers competitive spreads across various popular markets. Noteworthy customer support features include one-to-one demo account walkthroughs and extensive video demonstrations. Regulated and accommodating, it’s an excellent choice for savvy traders.
Alternatives To Trade Nation
These similar brokers are the highest rated alternatives to Trade Nation.
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1Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading.
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2Founded in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage offering trading on over 1,200 instruments, including binary options. It provides various accounts (JForex, MT4/5, Binary Options) and advanced platforms (JForex, MT4/MT5) with strong tools and market data for active traders.
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3Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms.
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