It is crucial to read the broker review before trading with the broker. You can find the Trade Nation review in detail below. Trade Nation is regarded as a moderate risk broker, with a fairly good trust score (79/99). Trade Nation is not publicly traded and does not run a bank. Two tier-1 top-tier regulators (ASIC and FCA), one tier-2 regulator, and one tier-3 regulator have approved Trade Nation.
Investment Options
Contents
Trade Nation has more than 600 tradeable symbols. These include 33 spot FX pairs, 102 United Kingdom shares, as well as 423 United States shares, and also prominent products, commodities, metals, bonds, and also indices.
Crypto trading is not available at Trade Nation.
Below is a list of available investment options:
- Forex Trading
- CFD Trading
- 601 Tradeable Symbols in total
- 33 Forex Pairs in total
Trade Nation Review – Pricing
The broker provides attractive fixed-spread pricing all over its tradeable symbols. Although most brokerage firms provide adjustable pricing, Trade Nation maintains a constant spread range as prices change. This implies that its pricing may be deemed an average price as-is, without extra calculations required — except during the daily rollover session, where prices expand for around one hour.
Fixed spreads: The broker shows a fixed spread of 0.6 pips on the EUR USD currency pair. It’s important to note once more that the broker does temporarily extend its spreads to 1.4 pips throughout its rollover session every day, putting the actual average near 1 pip when all price tick information is considered.
Mobile Applications
Ultimately, the broker’s application ranks at the top for usability, although it misses a few of the complex capabilities found in the top trading apps.
Outline of Apps: Regarding Android & iOS devices, the Trade Nation mobile application is available on both Google Play as well as the App Store. MT (MetaTrader) is also accessible, although it is not marketed as the major platform.
Simplicity: The broker’s mobile application is almost as simple to operate as its web version and includes the same functions, like its Smart News page with headlines as well as personalized tweets — all of which contributed to Trade Nation receiving a Best in Class award for Ease of Use.
Charting: The broker’s mobile application’s charting is supplied by ChartIQ and includes more than 90 indicators & lots of sketching tools.
Trading Instruments: The broker’s mobile application has a customized watchlist that synchronizes with the web version. Smart News gathers a stream of market-related issues and Tweets. While the application provides some interesting features, such as a personalized feed that covers Elon Musk’s tweets.
Trade Nation Review – Different Platforms
The broker’s online platform is too simple, to the point that it frequently appears to have large gaps in its offerings. Including research that is currently available in the user portal & mobile app would assist Trade Nation’s online platform to compete with industry heavyweights like Saxo Bank, and CMC Markets.
Summary of platforms: The broker provides an online trading platform that is compatible with the most recent current browsers. The platform includes straightforward instructions for doing key operations including creating an alert, pinning a symbol to user favorites, viewing a chart, and making an order.
The pre-defined watchlists, as well as the flexibility to build several custom watchlists, are the top elements of the broker’s web platform.
Charting: The broker’s web platform’s charting is provided by ChartIQ, a well-known supplier of charting services in the online broker area. Trade Nation’s online charts, like TradingView charts, feature sophisticated technical analysis abilities featuring more than 30 drawing tools as well as 95 indicators.
Trading instruments: Aside from the selected Tweets provided in the Smart News section, research and news headlines are missing regarding in-house material or third-party publications.
GSLO: Trade Nation provides a variety of order options, including one with a guaranteed stop-loss. When compared with CMC Markets and IG, the cost to put a GSLO is 3 pips. Nonetheless, Trade Nation’s stable spread offer has competitive rates.
- Web Platform
- Virtual Trading (Demo)
- Proprietary Platform
- MetaTrader 4 (MT4)
- 35 Charting – Indicators / Studies
- 95 Charting – Drawing Tools
- 12 Watchlists – Total Fields
Market Analysis & Research
In terms of research, the broker is somewhat below the industry standard. Its app publishes articles every week and provides handpicked Tweets and headlines. Yet, news stories and research are completely gone from the web platform.
Summary of research: The broker’s research can be accessed primarily in 3 locations: the news & analysis part on the website, its YouTube page, and the Smart News module in the application. The online platform, on the other hand, just falls behind in this field. The broker can improve its entire research service by upgrading the research material on its online platform. Trade Nation can use the addition of an economic calendar as well as the incorporation of the Smart News module.
Market updates & analysis: The broker’s YouTube page has regular Trading Insights videos, and also a TRADERCAST series, which includes more than 130 videos. The content on Trade Nation is of high quality and concentrates on technical and structural analysis. The top brokers, on the other hand, have a greater range of information and generate videos on a daily basis.
Trade Nation Review – Training & Education
The instructional information on Trade Nation is primarily for newbies — even the premium and expert stuff is rudimentary. Since instructional materials and market updates are blended inside the same site, it is hard to search by topic or skill level. However, certain material does exist, and it looks like Trade Nation is gradually increasing this area.
Learning center: Educational information may be found in the broker’s introductory tutorials, as well as pieces in its news & analysis area.
Trade Nation appears to be gradually developing in this area. Restructuring the instructional content to be clearly separated from the research & market updates items, as well as providing dynamic courses featuring progress monitoring, would boost Trade Nation’s rating in this area.
Trade Nation Review – Verdict
Trade Nation has positioned itself throughout its international network of organizations with a number of regulatory permits, and it provides a fair choice of markets via its simple trading platform suite for online and mobile.
Although Trade Nation can be an excellent starting point for newbies and less aggressive traders, the lack of sophisticated trading instruments, as well as extra research and instructional content, might leave expert traders wanting more.
