Trade Nation Fees, Spreads, and commissions vary according to the account type that the trader is using.
Trade Nation’s spreads on EUR/USD start from 0,6 pips.
- 💰 Min Deposit: $0
- 📈 Leverage: Up to 1:500
- 🏦 Regulators: FCA, ASIC, FSCA, SCB
Trade Nation Fees and Spreads – key points, quick overview:
- ☑️Overview
- ☑️Trade Nation Fees
- ☑️Trade Nation at a Glance
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
Overview
- According to research in South Africa, Trade Nation is a global forex, indices, commodities, and shares broker based in London, United Kingdom. The broker was known as Core Spreads until 2019, but since then, it has expanded worldwide under the current name of Trade Nation.
- Trade Nation was founded in 2014 and is regulated by top-tier financial authorities: In the United Kingdom, Trade Nation is regulated by the Financial Conduct Authority (FCA), in Australia by the Australian Securities and Investment Commission (ASIC), in South Africa by the Financial Sector Conduct Authority Commission (FSCA), and by the Securities Commission of the Bahamas (SCB).
- The broker boasts about providing straightforward market access to traders by removing unnecessary and complicated jargon and assisting with sufficient customer support throughout the whole trading process.
- Trade Nation offers the popular MetaTrader 4 as well as its own trading platform and promises to be transparent about its trading options. Therefore, it supplies a market information sheet with details of every instrument, associated spreads, and trading hours.
- Instruments that can be traded include 33 forex pairs, 23 popular indices (cash and futures), 8 differential indices, 9 commodities (energy and metals), and 3 bond options.
Trade Nation Fees
- Cost depends on several factors, like spread and margins, and Trade Nation clients may also experience different fee structures according to their country or place of residence.
- The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move.
- Margin is the amount of money required in your account to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position, and the leverage applied to your trading account.
- Trade Nation offers low, fixed spreads, starting from 0.6 pips for both the EUR/GBP and EUR/USD spreads. A market information sheet provides comprehensive spread details.
- The company’s only other charge is overnight interest applied to trades. The amount depends on the market being traded and the direction of the trade.
|
|
| 📊 Account fee | No |
| 📈 Inactivity fee | No |
| 💳 Deposit fee | $0 |
| 💸 Withdrawal fee | $0 |
- 💰 Min Deposit: $0
- 📈 Leverage: Up to 1:500
- 🏦 Regulators: FCA, ASIC, FSCA, SCB
Trade Nation at a Glance
| 🚀 Broker's name | |
| 📍 Headquarters | London, England |
| 📅 Year founded | 2014 |
| ✔️ Regulating authorities | FCA, ASIC, FSCA and SCB |
| ❌ Countries not accepted for trade | US, Canada, Belgium, New Zealand, Algeria, Iran, Syria, or North Korea. |
| 📈 Demo account | Yes |
| 📈 Islamic account (swap free) | No |
| 📈 Institutional accounts | Yes |
| 📈 Managed accounts | Yes |
| 📊 Maximum leverage | 1:500 Seychelles |
| 💳 Minimum deposit | $0 / No minimum deposit |
| 💳 Deposit options | Credit Card, Visa, Mastercard, Wire Transfer, Skrill, Crypto deposits |
| 💳 Withdrawal options | Credit Card, Visa, Mastercard, Wire Transfer, Skrill |
| 📈 Platform(s) provided | MT4, CoreTrader2 |
| 📱 OS compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad. |
| 💰 Tradable assets offered | Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds |
| 📙 Languages supported on the website | English |
| ☎️ Customer support languages | English |
| ☎️ Customer service hours | 24/5 |
| 🚀 Open an account | 👉 Open Account |
Pros and Cons
| ✅Pros | ❌ Cons |
| No deposit fees or withdrawal fees charged | High forex fees are applicable |
| No inactivity fees charged for idle accounts | |
| No minimum deposit is required |
Conclusion
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, such as the one-to-one walk-through of the demo account and extensive video demonstrations
You might also like:
Trade Nation Account Types Overview
Trade Nation Demo Account – Step by Step
Frequently Asked Questions
What fees are charged by Trade Nation?
Fees by Trade Nation are generally low. No trading fees or small amount, Inactivity fee, No deposit or withdrawal fee.
Does Trade Nation have fixed or floating spreads?
This broker offers fixed spreads starting at 0.6 pips for the EUR/USD currency pair.
How many instruments can I trade with Trade Nation?
You can trade several different instruments with Trade Nation, which include the following:
- Forex
- CFDs
- Indices
- Shares
- Commodities
- Futures
- Bonds
Which platforms are supported by Trade Nation?
Trade Nation provides the following popular trading platforms:
- MT4
- CoreTrader2
Does Trade Nation offer leverage?
Yes, Trade Nation offers maximum leverage of up to 1: 30 (under FCA regulation) and 1:200 (other regulated areas).
Does Trade Nation charge a commission?
No commissions are charged by this broker.
Are there additional charges on the Islamic account?
Trade Nation does not provide Islamic accounts.
Is Trade Nation regulated and by whom?
Trade Nation is regulated by the FCA in the UK, ASIC in Australia, the FSCA in South Africa, and the SCB in the Bahamas.
Is Trade Nation recommended for experts and beginners?
Trade Nation offers the best trading environment for most types of traders.
