| Updated: November 5, 2025- Jump to:
- Regulations
- Trading Instruments
- Trading Platforms
- Payment Methods
- Account Types
- Support
- Conclusion
Trade Nation is a multi-jurisdictional broker that began life in 2014 under the Core Spreads brand before adopting its current trading name in 2020. It offers spread betting (for UK residents) and CFD trading in forex, indices, commodities, shares and government bond markets, delivered through its own Trade Nation Web & App platform and MetaTrader 4. The broker quotes fixed spreads on most popular markets (e.g., 0.6 pip on EUR/USD) and advertises £0 minimum deposit. Retail leverage is capped at 1:30 inside the UK/EU, while clients booked with the Bahamian or South African entities can trade up to 1:200. Client money is held in segregated accounts and negative-balance protection is available to retail clients of the FCA and ASIC entities; the offshore arm provides no statutory compensation scheme.
A single live account type keeps pricing simple and there are no explicit funding or withdrawal charges. The firm’s own analysis portal ‘Signals’ and a built-in community dashboard add basic copy-style features, but there is no dedicated social-trading marketplace. Overall, Trade Nation positions itself as a straightforward, low-maintenance broker rather than a feature-rich multi-platform provider.
| General Information about Trade Nation | |
|---|---|
| Min. Deposit | $0 |
| Supported Languages | N/A |
| Supported Currencies | AUD, CHF, DKK, EUR, GBP, NOK, SEK, USD, ZAR |
| Website | https://tradenation.com |
| Phone Number | +1 844 907 8776 |
| Support Email | upport@tradenation.com |
| Headquarters Address | No. 3 Bayside Executive Park, West Bay Street & Blake Road, Nassau, New Providence, The Bahamas |
Regulations
Trade Nation operates through four distinct legal entities:
- FINSA Europe Ltd (company no. 07073413) is incorporated in England & Wales and is authorised and regulated by the Financial Conduct Authority (FCA) – FRN 525164. The register lists it as permitted to deal in investments as principal and agent, hold client money and arrange safeguarding. Registered office: 1 Knightsbridge Green, London, SW1X 7QA, United Kingdom.
- FINSA Pty Ltd (ACN 158 065 635) is incorporated in Australia and holds ASIC Australian Financial Services Licence 424737. Registered office: Level 13, 23-25 O’Connell St, Sydney NSW 2000.
- Trade Nation Financial (Pty) Ltd (reg. no. 2018/418755/07) is authorised by the Financial Sector Conduct Authority (FSCA) of South Africa – FSP 49846. Registered office: 12th Floor, Hudson Place, 30 Hudson Street, Cape Town, 8001.
- Trade Nation Ltd (reg. no. 203493 B) is authorised and regulated by the Securities Commission of The Bahamas – licence SIA-F216. Registered office: Second Floor, Bahamas Financial Centre, Shirley & Charlotte Streets, Nassau.
The broker states that it cannot accept residents of the United States, Belgium, Iran, North Korea and a small number of other sanctioned jurisdictions.
Retail client funds with the FCA and ASIC entities are kept in segregated trust accounts at tier-one banks; negative balance protection applies. UK clients fall under the Financial Ombudsman Service for unresolved disputes and are eligible for up to £85,000 from the Financial Services Compensation Scheme (FSCS). No investor-compensation scheme applies to clients booked with the South African or Bahamian companies.
Trading Instruments
Trade Nation offers more than 1,250 markets across five broad asset classes. Fixed spreads apply to all categories, and the product list is identical for CFD and spread-bet formats (where available). Margin requirements depend on the client’s regulatory entity.Forex trading
Approximately 50 currency pairs are available, covering majors, minors and selected exotics (e.g., USD/ZAR). Fixed spreads start from 0.6 pip on EUR/USD during the London and New York sessions. Leverage is 1:30 for FCA/ASIC retail and up to 1:200 for FSCA/SCB clients. Trading hours follow the standard 24/5 forex cycle, with a daily rollover at 22:00 GMT when swap charges or credits are applied. No commissions are charged.
Commodity trading
The broker lists spot metals (Gold, Silver, Platinum, Palladium) and energies (Brent, WTI, Natural Gas) plus softs such as Coffee and Sugar. Gold is quoted with a 3-point fixed spread, oil at 3 cents. Contracts are cash-settled with continuous pricing rather than monthly futures rolls; swaps reflect the underlying future’s fair value.
Index trading
More than 15 global cash indices are offered, including UK 100, Germany 40, US 500, Nasdaq 100 and Japan 225, alongside mini versions of selected benchmarks. Spreads are 1 point on UK 100 / US 500 and 2 points on Germany 40 during headline sessions. Dividend adjustments are passed through on long/short positions; overnight financing applies to positions held past 22:00 GMT.
Share trading
Trade Nation provides several hundred single-stock CFDs from the UK, US, Germany and Australia. Fixed spreads vary by market capitalisation; a 0.10 USD spread applies to Apple, for example. Margin on equities is 20% (FCA/ASIC retail) or as low as 5% for professional or offshore clients. Corporate actions – dividends, splits, rights issues – are reflected via cash adjustments.
Bonds and interest rates
Government bond CFDs include US T-Note, Bund, Gilt and Japanese Government Bond cash contracts with spreads from 4 ticks. Short-term interest rate instruments such as Eurodollar and Short Sterling are also quoted. Margin requirements mirror index levels (5–20% retail), and financing follows the underlying futures calendar.
| Instrument | Spread |
|---|---|
| AUDUSD | AVG 0.4 pips |
| EURGBP | AVG 0.5 pips |
| EURUSD | AVG 0 pips |
| GBPUSD | AVG 0.6 pips |
| NZDUSD | AVG 1.2 pips |
| USDCAD | AVG 0.8 pips |
| USDCHF | AVG 1 pips |
| USDJPY | AVG 0 pips |
Trading platforms
 Platforms |
 PC / MAC |
 Smartphones |
 Tablets |
|---|---|---|---|
| MetaTrader 4 |   |   | |
| Proprietary | | | |
| Trading Information | |
|---|---|
| Trading Platforms | MetaTrader 4, TradingView, TN Trader, TradeCopier |
| Demo Account |  |
| Hedging | |
| Scalping | |
| US Traders |  |
| Arabic Traders | |
Trade Nation provides two trading environments. The proprietary Trade Nation Web & App platform covers desktop browsers (HTML5), iOS and Android, while third-party traders can choose MetaTrader 4 for Windows, macOS and mobile. Both platforms support hedging and allow fixed-spread execution; neither offers Level II market depth. VPS hosting, MAM/PAMM or direct API connectivity are not promoted.
Trade Nation Web & App
The in-house platform emphasises clarity and speed, featuring configurable workspaces, eight chart types, 40+ technical indicators and an integrated economic calendar. Orders include market, limit, stop and trailing stop. Fixed spreads mean displayed pricing remains constant during liquid hours, simplifying cost forecasting for new traders.
Trade analytics are enhanced through the ‘Market Buzz’ news stream and ‘Signals’ area, which aggregates short-term trade ideas from an FCA-registered third-party provider. Watch-lists, price alerts and position history sync across desktop and mobile. The same account credentials cover spread-bet and CFD tickets, allowing UK clients to keep tax-efficient positions in one dashboard.
Risk tools include mandatory margin close-out at 50% of required margin and optional guaranteed stop-loss orders (small premium applied). No algorithmic trading is available on this platform.
MetaTrader 4
MT4 is offered for users who need Expert Advisors (EAs), custom indicators or more advanced order management. All standard MT4 order types are supported, including one-click trading from the chart and four pending orders. Trade Nation maintains fixed spreads within MT4 identical to its proprietary platform and does not charge a separate commission.
The broker hosts the MT4 server in LD4 (London) for FCA-booked clients and a corresponding data centre in Australia for ASIC registers; average execution speed is not published. Share-CFD trading is currently unavailable on MT4 – users must employ the proprietary platform if they wish to trade equities. VPS subsidies, copy-service integrations such as MetaTrader Signals and the MQL5 marketplace are accessible but organised directly by the client.
Copy trading
Trade Nation does not run a dedicated social-trading network. The built-in ‘Signals’ feed provides idea generation rather than automatic portfolio replication, and portfolio copying inside MT4 is limited to standard MetaTrader Signals, which clients set up independently. There are no extra costs charged by the broker, but signal vendors may levy subscription fees. Users remain responsible for risk controls such as adjusting lot size or adding personal stop-loss levels.
Payment methods
The broker discloses three public funding rails: debit/credit cards (Visa, Mastercard, Maestro), domestic/international bank transfer. E-wallets and crypto rails are not advertised on the open website; if additional options exist, they are only visible inside the client portal.
No minimum deposit is enforced for cards or bank transfers, aligning with the broker’s low-barrier ethos. Deposits via card are credited instantly, while bank wires typically land within one to three working days, depending on the originating country.
Trade Nation does not charge deposit or withdrawal fees. However, clients may incur third-party banking costs, and international wires can attract correspondent bank charges. Withdrawals are processed back to the original funding source. Card withdrawals are usually returned within three to five business days once approved; bank transfers follow standard SWIFT settlement (one to five business days).
Base account currencies are GBP, EUR, USD, AUD and ZAR. Choosing a base currency matching the client’s personal banking currency helps avoid conversion charges, as the broker passes on underlying card-scheme FX rates without markup. All withdrawal requests are subject to standard KYC/AML checks, and Trade Nation may ask for additional documentation if transaction patterns change.
| Brand | Minimum | Fees | Processing Time |
 | £0 | None | Instant |
 | £0 | None | Instant |
 | £0 | None | Instant |
 | £0 | None | Instant |
 | £0 | None | Same day |
| Brand | Minimum | Fees | Processing Time |
| Not disclosed | None | 3–5 business days |
| Not disclosed | None | 3–5 business days |
| Not disclosed | None (bank fees may apply) | 1–5 business days |
| Not disclosed | None | 3–5 business days |
| Not disclosed | None | Same day |
Account types
Trade Nation keeps the structure straightforward: one live margin account (“Trade Nation Account”) plus an unlimited demo environment. Pricing is spread-only with fixed spreads, zero commissions and no tiered discounts. Leverage is entity-dependent: 1:30 for retail customers of the FCA and ASIC firms; up to 1:200 for clients of the FSCA and SCB arms, subject to an internal suitability check. Swap-free/Islamic terms are not referenced in the public material.
| Market | Leverage |
|---|---|
| Metals CFDs | 1:200 (ASIC | Pro Account) |
| Metals CFDs | 1:20 (ASIC | Standard Account) |
| Commodities CFDs | 1:50 (ASIC | Pro Account) |
| Commodities CFDs | 1:10 (ASIC | Standard Account) |
| Commodities CFDs | 1:10 (FCA | Standard Account) |
| Crypto CFDs | 1:10 (ASIC | Pro Account) |
| Crypto CFDs | 1:2 (ASIC | Standard Account) |
| Forex CFDs | 1:500 (ASIC | Pro Account) |
| Forex CFDs | 1:30 (ASIC | Standard Account) |
| Forex CFDs | 1:30 (FCA | Standard Account) |
| Indices CFDs | 1:500 (ASIC | Pro Account) |
| Indices CFDs | 1:20 (ASIC | Standard Account) |
| Stock CFDs | 1:5 (FCA | Standard Account) |
Trade Nation account
Live accounts cover both CFD trading and, within the UK entity, spread betting. Instruments, spreads and margin requirements are identical across the proprietary platform and MT4 (except share CFDs, which are proprietary-only). The broker quotes 0.6 pip on EUR/USD, 1-point on UK 100 and 3 pts on Gold during core hours. There is no minimum deposit, and the only running cost is overnight financing where applicable. Suitability testing and leverage limits follow the client’s chosen entity.
Professional status under UK/EU rules is available for eligible traders who meet the income, experience and portfolio criteria, lifting leverage to 1:200 and removing negative balance protection. Professional clients are not covered by the FSCS.
Demo accounts
Prospective clients can open an unlimited-duration demo funded with £10,000 of virtual margin. The web form requires only name, email and phone, after which users can trade both the proprietary platform and MT4. Balance can be reset via live chat. The demo reflects live spreads and margin requirements but does not model slippage on news events, so execution realism is limited.
Support
Help is available via live chat, email and telephone 24 hours a day, Monday 09:00 GMT to Friday 22:00 GMT (24/5). A basic chatbot handles initial queries and will hand off to human agents if it cannot resolve the issue.
Telephone numbers are provided for the UK, Australia and South Africa, and agents speak English; additional languages are not advertised. The website hosts an FAQ section that covers account setup, funding, platform navigation and tax treatment of spread betting.
Complaints can be lodged by email or post; unresolved FCA-entity disputes can escalate to the Financial Ombudsman Service free of charge. Offshore entities direct unresolved complaints to their respective regulators or an internal dispute-resolution committee.
Conclusion
Trade Nation suits traders who value fixed-spread clarity, a £0 entry barrier and regulation by recognised authorities such as the FCA and ASIC. The single-account setup removes complexity, and the proprietary platform is intuitive for beginners, while MT4 caters for users needing automated strategies.
The trade-off is functional breadth: payment rails are limited to cards and bank wires, there is no MT5, cTrader or dedicated copy-trading network, and statutory compensation does not extend to clients of the Bahamian or South African arms. Active multi-asset traders requiring raw-spread pricing or advanced platform choice may find the offer narrow, but casual or intermediate traders looking for predictable costs and solid regulation will regard Trade Nation as a credible, no-frills option.