All Share (J203) = 90 553
Rand / Dollar = 18.86
Rand / Pound = 25.05
Rand / Euro = 21.36
Gold (usd/oz) = 3 293.60
Platinum (usd/oz) = 964.82
Brent (usd/barrel) = 65.70
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Trade Nation Demo Account

TradeNation Demo Account Review
 

A Trade Nation demo account is offered by Trade Nation. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses. Traders can practice forex trading in a 100% risk-free environment.

 

Trade Nation at a glance

🚀 Broker's nameTrade Nation
📍 HeadquartersLondon, England
📅 Year founded2014
✔️ Regulating authoritiesFCA, ASIC, FSCA and SCB
❌ Countries not accepted for tradeUS, Canada, Belgium, New Zealand, Algeria, Iran, Syria, or North Korea.
📈 Demo accountYes
📈 Islamic account (swap free)No
📈 Institutional accountsYes
📈 Managed accountsYes
📊 Maximum leverage1:500 Seychelles
💳 Minimum deposit$0 / No minimum deposit
💳 Deposit optionsCredit Card, Visa, Mastercard, Wire Transfer, Skrill, Crypto deposits
💳 Withdrawal optionsCredit Card, Visa, Mastercard, Wire Transfer, Skrill
📈 Platform(s) providedMT4, CoreTrader2
📱 OS compatibilityMac, Windows, Linux, Web, Mobile Android, iPhone, iPad.
💰 Tradable assets offeredForex, CFDs, Indices, Shares, Commodities, Futures, Bonds
📙 Languages supported on the websiteEnglish
☎️ Customer support languagesEnglish
☎️ Customer service hours24/5
🚀 Open an account👉 Click Here

 

Trade Nation Demo Account offers many features for traders.

 

Min Deposit

USD 0

Regulators

FCA, ASIC, FSCA, SCB, FSA

Trading Platform

MT4, Trade Nation Platform

Crypto

Yes

Total Pairs

33

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Choose your quick section of our Trade Nation Demo Account below.

 

Trade Nation Demo Account – 6 key points quick overview:

  1. ✔️How to set up a Demo Account – Step by Step
  2. ✔️Demo Account Features
  3. ✔️Trade Nation at a glance
  4. Trade Nation Pros and Cons
  5. Conclusion
  6. Frequently Asked Questions

 

How to set up a Demo Account – Step by Step

 

To register for, and set up a demo account with Trade Nation, traders must visit the website and follow the simple steps.

 

A Step-by-step guide to opening a Trade Nation Demo Account:

 

Step 1 –Click on the “Start Trading” tab.

Locate the official Trade nation website and click on the “start trading” tab.

open a trade nation demo account step 1

 

Step 2 – Enter your details.

To get started you will have to fill in your name, last name, email and create a password for your account.

Open a Trade Nation Account step 2

 

Step 3 – Confirm your account.

Once you have filled in your details you can confirm your account by clicking on the “get started” tab sent to you via email.

Open a Trade Nation Account step 3

 

Step 4 – Login with your email and password.

You will now be able to enter your email and password to login to your Trade Nation account.

open a trade nation account step 4

 

Step 5 – Choose your country of Residence.

Once logged in you will now enter your country of residence before you can continue to the next step.

Open a Trade Nation Account step 5

 

Step 6 – Choose your account type.

Choose whether you want to start trading now or start on a practice account first.

Open a Trade Nation Account step 6

Step 6 – Choose a practice account.

 

New traders can try out a free demo account to practice and see how the broker’s platform works. With such an account a trader will get access to all the helpful resources offered to Trade Nation members. A trader can use this demo account until the person is comfortable and then move on to the real deal whenever ready.

You can open a live account or demo account (also called a practice account) from start to finish on the Trade Nation website and choose to open a demo account first. Brokers usually require an e-mail and password to complete the initial step and if more than one currency can be used, traders must select their preferred account currency.

Trade Nation accounts can be opened in USD, GDP, EUR, DKK, SEK, NOK, AUD, and ZAR.

An account verification process is usually mandatory due to regulatory requirements, so keep a copy of your ID and a proof of residency document ready for the last step.

Note that this ‘Know Your Client (KYC) process, may only be necessary once you decide to move forward and work with real money.

A demo account is also referred to as a practice account because it provides traders with the ability and freedom to explore a broker’s offering without running the risk of losing money, due to the provision of virtual money with which to ‘trade’.

Beginner traders can use a demo account to get acquainted with the live trading environment, where they can actively participate in trades and develop their own strategies.

Demo accounts are not intended for beginners only but provide more advanced traders an opportunity to explore what Trade Nation has to offer.

 

Demo Account Features

trade nation demo account

 

Trade Nation’s demo account imitates the conditions of a live trading account and gives traders access to the same functions, features, and options they would have on a live trading account, with the exception that the demo account is risk-free since they make use of virtual funds to conduct their trading.

Due to this, traders cannot withdraw any profits which are made on the demo account.

 

Min Deposit

USD 0

Regulators

FCA, ASIC, FSCA, SCB, FSA

Trading Platform

MT4, Trade Nation Platform

Crypto

Yes

Total Pairs

33

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Trade Nation Pros and Cons

✔️ Pros❌ Cons
Demo accounts can be openedNo choice regarding account types and features
Good customer support is providedNo Islamic options available
No minimum deposit is requiredNo live chat option on the website
Regulated by several authorities
Virtual money provided with which to practice

 

Conclusion

 

The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses where you can practice in a 100% risk-free environment. Trade Nation is challenging industry norms by being transparent and honest. It offers competitive, fixed spreads for a range of markets and has several measures in place to support customers.

 

You might also like: Trade Nation Account Types Overview

You might also like: Trade Nation Fees and Spreads

You might also like: Trade Nation Minimum Deposit

You might also like: Trade Nation Sign up Bonus

You might also like: Trade Nation Review

 

Frequently Asked Questions

 

Can I trade with Trade Nation demo account?

Yes, First-time traders benefit greatly from demo accounts;  however simulated results do not always correspond with real trading results.

 

How long should I trade with a Trade Nation demo account?

Once you become profitable on demo it is recommended that you proceed to trade on a live account.

 

What is the difference between a demo and live trading account?

A demo account as is offered by broker companies like Trade Nation is usually funded with virtual money and gives a prospective customer the opportunity to experiment with the company’s trading platforms and its features.

 

Can I convert my demo account to a live trading account with Trade Nation?

This is not clear from the information on the company homepage.

 

Which live trading accounts does Trade Nation offer?

  • Individual accounts
  • Corporate accounts
5/5 - (10 votes)
Louis Schoeman

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

May 8, 2024

Louis Schoeman

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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