History and Founding
Trade Nation is an online brokerage firm established to provide traders with seamless access to the financial markets. Founded in 2018, the broker has quickly gained recognition for its customer-centric approach and transparent trading conditions. Trade Nation aims to democratize financial markets by offering retail traders professional tools and services, with a focus on making trading accessible, affordable, and easy to understand. The firm is based in Australia and operates under strict regulatory oversight, ensuring a secure environment for its clients.
Mission and Vision
Trade Nation's mission is to empower traders worldwide with competitive trading conditions, reliable platforms, and excellent customer service. The broker seeks to simplify the trading experience by offering an easy-to-use platform while maintaining transparency and fairness in all operations. Trade Nation's vision is to be the leading online brokerage for traders who value reliability, value, and transparency in their trading journey.
Global Presence
Though based in Australia, Trade Nation serves clients worldwide, offering trading services to countries across Europe, the Asia-Pacific region, and more. The firm’s reach continues to grow as it attracts both beginner and experienced traders seeking a trusted partner in their trading activities. Trade Nation has a strong commitment to providing international clients with the same high level of service and competitive conditions.
Advantages and Disadvantages
Pros
- Choice between proprietary platform and MT4
- Leverage available for bigger trades with minimal deposit
- No minimum deposit required
- Free withdrawals and deposits
- Negative balance protection
Cons
- Leveraged trading can also lead to bigger losses
- Limited information on customer support options
- Not available for U.S. traders
Security and Regulations
Licenses Held
Trade Nation is regulated by the Australian Securities and Investments Commission (ASIC), one of the most stringent regulatory bodies in the world. This ensures that the broker adheres to strict financial standards, including transparency, financial reporting, and fair dealing practices. The broker also follows guidelines that protect clients' funds and ensure that all transactions are secure.
Fund Segregation and Insurance
Trade Nation follows best practices for client fund protection by ensuring that all client funds are kept in segregated accounts, separate from the company’s operational funds. This provides an added layer of security in case of financial difficulties. However, as of now, Trade Nation does not offer client fund insurance, but it is regulated by a trusted authority that enforces strict fund protection regulations.
Tradable Instruments
Forex Pairs
Trade Nation offers a range of forex pairs for trading, from major pairs such as EUR/USD and GBP/USD to minor and exotic currency pairs. The broker’s pricing model is transparent, and it provides competitive spreads, ensuring traders can access some of the best trading conditions in the forex market.
Commodities
Traders can also access a selection of commodities, including gold, silver, and oil. These commodities allow for diversification in trading strategies, especially during times of market volatility or geopolitical unrest. Trade Nation offers highly liquid commodity contracts, which are suitable for both short-term and long-term traders.
Indices
Trade Nation provides access to several major global indices, including the S&P 500, NASDAQ, and FTSE 100. Trading indices is a popular choice for those who want exposure to a broad basket of stocks, allowing for the opportunity to speculate on the overall performance of stock markets without dealing with individual shares.
Cryptocurrencies
Currently, Trade Nation does not offer direct cryptocurrency trading. However, traders may gain exposure to the volatility of digital assets like Bitcoin and Ethereum through CFDs (Contract for Difference) on selected trading platforms.
Account Types
TN Trader
| Minimum deposit | 0 |
|---|---|
| Commission | 0.2 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:500 |
| Margin call level | 100 |
| Stop-out level | 50 |
TradingView
| Minimum deposit | 0 |
|---|---|
| Commission | 0.2 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:500 |
| Margin call level | 100 |
| Stop-out level | 50 |
MetaTrader 4
| Minimum deposit | 0 |
|---|---|
| Commission | 0.2 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:500 |
| Margin call level | 100 |
| Stop-out level | 50 |
TradeCopier
| Minimum deposit | 0 |
|---|---|
| Commission | 0.2 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:500 |
| Margin call level | 100 |
| Stop-out level | 50 |
Fees and Charges
Spreads and Commissions
Trade Nation offers tight spreads, starting from 0.6 pips on major forex pairs like EUR/USD. There are no hidden commissions on trades, and all charges are included in the spread, making the broker’s pricing model simple and transparent. This can be beneficial for traders who want to keep track of their trading costs easily.
Swap Rates
Swap rates are charged on positions held overnight, and they depend on the direction of the trade, the instrument being traded, and prevailing market conditions. Trade Nation provides transparent information about swap rates, which helps traders plan their strategies accordingly.
Inactivity Fees
Trade Nation applies an inactivity fee on accounts that have been dormant for more than six months. This is standard practice in the industry to cover administrative costs and ensure that accounts remain active.
Trading Platforms
| Available tools | Forex, Futures, Commodities, Indices, Metals, Energy, Cryptocurrency, CFDs |
|---|
MetaTrader 4 and 5
Trade Nation offers the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Both platforms are known for their user-friendly interfaces, comprehensive charting tools, and support for automated trading via Expert Advisors (EAs). Traders can access a range of technical indicators and other tools to enhance their analysis and trading strategies.
WebTrader
Trade Nation also offers a proprietary WebTrader platform, which allows traders to access their accounts directly from any browser. This platform is designed for ease of use and functionality, with a simple interface that allows quick execution of trades and access to essential trading features.
Mobile Trading Apps
Trade Nation provides mobile apps for both iOS and Android devices, enabling traders to manage their accounts and trade on-the-go. The mobile platform supports both forex and commodities trading, ensuring that traders can execute trades and track their positions anywhere.
Customer Support
Steps to Register
To register with Trade Nation, visit the website and complete the sign-up form. After providing the necessary personal information, you will need to verify your identity by submitting a government-issued ID and proof of address. Once the verification process is complete, you can make a deposit and begin trading.
Verification Requirements
Trade Nation requires traders to undergo a verification process as part of its KYC (Know Your Customer) policy. This typically involves submitting a valid ID and proof of address. The process is quick, and once approved, traders can deposit funds and start trading.
Deposits and Withdrawals
Payment Methods
Trade Nation supports several payment methods for both deposits and withdrawals, including credit/debit cards, bank transfers, and e-wallets like PayPal and Skrill. The broker aims to offer secure and convenient payment options for its clients, with a focus on ease of use and reliability.
Processing Times
Deposits made via credit card or e-wallet are typically processed instantly, while bank transfers may take between 1-3 business days. Withdrawals are usually processed within 24 hours, depending on the payment method chosen.
Associated Fees
Trade Nation does not charge fees for deposits, but withdrawal fees may apply depending on the payment method. Bank transfer withdrawals may incur additional charges, especially for international transfers. Always check the payment method terms before making a withdrawal.
FAQ
Is the broker regulated?
Yes, Trade Nation is regulated by the Australian Securities and Investments Commission (ASIC), ensuring a secure and compliant trading environment for clients.
What trading platforms are available?
Trade Nation offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and a proprietary WebTrader platform. These platforms support both manual and automated trading.
What is the minimum deposit required to open an account?
The minimum deposit required to open an account with Trade Nation is $100, which is quite accessible for retail traders.
What types of accounts does the broker offer?
Trade Nation offers several account types, including a Standard Account, a Professional Account, and an Islamic Account for traders seeking a swap-free option.
What fees and commissions are charged?
Trade Nation offers tight spreads starting from 0.6 pips. There are no hidden commissions, and fees are clearly outlined in the broker's pricing model.
What is the maximum leverage available?
Trade Nation offers leverage of up to 1:500, providing traders with the flexibility to trade larger positions in the market.
Are demo accounts available?
Yes, Trade Nation offers demo accounts where traders can practice their strategies with virtual funds before committing real capital.
How can I contact customer support?
Trade Nation offers customer support via live chat, email, and phone. Their team is available to assist with account-related inquiries, trading questions, and technical support.