Trade Nation overview 2021
Trade Nation is a global forex, indexes, commodities and shares, broker that prides itself on its integrity and transparency. The broker was previously called Core Spreads from 2014 to 2019. Since then, the company has expanded globally under Trade Nation and is regulated by FCA in the UK, ASIC in Australia, FSCA in South Africa and SCB in the Bahamas. The broker has offices in each of these major countries.
The firm’s goal is to provide direct market access by eliminating complex jargon and providing customer support throughout the entire trading process.
Trade Nation is licensed in every country in which they operate. In the UK, Trade Nation is the trade name of Finsa Europe Ltd, which is authorized by the reputable Financial Conduct Authority and provides a £ 85,000 deposit protection scheme through the FSCS.

In addition, Trade Nation uses a Signal Center that provides trading signals for a range of indexes, currencies and commodities. This provider is also authorized and regulated by the FCA.
In Australia, Trade Nation is a trade name of Finsa Pty Ltd, which is regulated by ASIC. In South Africa, Trade Nation Financial (Pty) Ltd is regulated by the FSCA and in the Bahamas, Trade Nation Ltd is regulated by the SCB. However, there is no compensation scheme for accounts registered with these three authorities.
Trading platforms
Trade Nation offers its own trading platform in addition to the popular MetaTrader 4.
Trade Nation platform
The dedicated platform is intuitive and provides flexible charting capabilities through an easy-to-use user interface.
12 types of interactive charts are available, such as bar and candlestick diagrams, and the ability to vary the timescales from one minute to one month. It’s also easy to overlay information on charts with a good set of drawing tools available. An additional trade button on the diagram means trades can be executed quickly.
MT4
The broker also provides clients with the ability to use the popular MT4 Forex trading platform. A demo video detailing how clients can link their Trade Nation account to the MT4 platform is available on the broker’s website.

MetaTrader 4 is popular with traders for its choice of customizable and interactive charts and the ability to run trading robots. It offers a choice of 30 built-in indicators and 2,000 free custom indicators for market analysis, as well as 24 analytical objects for detecting market trends.
The MQL 4 programming language allows users to write automated trading algorithms that can also be downloaded from the MT4 codebase.
Assets
Trade Nation is completely transparent about its trading opportunities, providing a market info sheet with detailed information on each instrument, associated spreads and trading hours. This includes 33 currency pairs, 23 popular indexes (cash and futures), 8 differential indexes, 9 commodities (energy and metals) and 3 bond options.
Spreads and commission
Clients benefit from Trade Nation’s low fixed spreads. Until 22:00, spreads for EUR / GBP and EUR / USD are 0.6 points. The Market Info Sheet provides details of all time of day spreads.
The company is open about its trading fees. Apart from spreads, the only other fee is interest per night applied to trades. The amount depends on the market traded and the direction of trade, customers should contact support if specific details are required.

Leverage
The leverage offered by Trade Nation depends on which financial authority regulates the client’s account.
Leverage up to 1:30 is available for FCA regulated accounts, which is the limit set by this regulator. Leverage up to 1: 200 is offered for ASIC, FSCA and SCB accounts.
Mobile applications
Trade Nation provides an app for its trading platform that is available for download to iOS and Android users. While there are no reviews on Google Play or the App Store, we found it quick and easy to navigate through them, with the ability to create your own market watch lists. Both real and practice accounts can be managed from the app.
In addition, MetaTrader 4 has its own application that allows users to trade Forex from anywhere, 24/5. The app has excellent overviews providing full control over trading accounts, as well as financial market news and chat functions.
Deposits
Trade Nation allows you to make deposits with credit and debit cards using Visa and Mastercard. In addition, funds can be deposited via bank transfer or using the Skrill digital wallet. Credit and debit card deposits are instant and it can take up to 3 business days for bank transfers to be credited to your Trade Nation account.

There are no minimum deposit provisions making the Trade Nation account available to all traders.
Withdraw funds
Withdrawals are returned to the source of the deposit (card, Skrill or bank transfer) where possible to reduce the risk of fraud. All withdrawals are credited to the account within 5 business days. Trade Nation charges fees for deposits or withdrawals.
Demo account
Trade Nation offers a free demo account called a practice platform where clients can test trading strategies with £ 10,000 virtual funds. We were impressed to find that the broker also offers a personalized step-by-step guide with a demo account, which can be requested via the callback service on the website.
Trade Nation bonuses
Trade Nation offers a loyalty scheme where customers receive cashback for every trade. Each customer will receive a signup bonus of 1,000 points when they open an account and one additional point for every US dollar sold.
These points are accumulated at the end of each month and the next month the discount is applied, which can then be stored in the account for trading or cash withdrawals. The value of these points increases with the volume of trade.
The discount ranges from 2% for customers with 200 points to 20% for customers with more than 10,000 points in the account. Unfortunately, this loyalty scheme is only available to Trade Nation customers outside the UK.
The broker has also previously run contests with partner companies, so traders are advised to keep an eye on future promotions on their website.
Additional features
A great feature offered by Trade Nation is Smart News, available on their trading platform and in the app.
Smart News aims to provide information that allows traders to stay ahead of the market by providing “alternative news” from independent sources rather than traditional data provided by the companies themselves. By linking to social media with specific financial events such as central bank meetings, Trade Nation can provide clients with specific topics related to their trading interests that can provide new insights into the market.
In addition, the brokerage offers a wide variety of online training tools. This includes a jargon-free page and a wide variety of articles that can be searched by category, including market updates, company news, and safe trading.
Trade Nation accounts
The structure of the Trade Nation account is simple: there are only two types of accounts available: low leverage (up to 1:30) and high leverage (up to 1: 200). Clients will not benefit from authoritative regulation or any kind of financial compensation scheme when applying for high leverage accounts. Market access, commissions and trading tools are the same for every account.
Support
The company prides itself on offering a high level of personal support without the need for robots. Customer support is available 24/7 (Sunday 22:00 to Friday 22:00 GMT). This includes the live chat service, which we found to be very responsive. Additionally, clients can contact the broker by email or phone:
- support@tradenation.com
- +44 (0) 203180 5952 (for all offices)
Safety
We were impressed that Trade Nation requires all clients to answer a series of short questions about their trading experience before opening an account. If these questions are not answered satisfactorily, the broker will not allow clients to open a live account until a demo account is first used.
All Trade Nation accounts are separate. The company complies with strict data privacy practices, adhering to uniform standards for all types of accounts.
Trade Nation verdict
Trade Nation does a lot to fulfill its promise to defy industry regulations by being transparent and honest. It offers competitive fixed spreads for a variety of markets. We were particularly impressed with the customer support measures taken, such as individual viewing of a demo account and extensive video demonstrations.
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