Trade Nation Review 2026

Open Trade Nation Account → 68% of retail investor accounts lose money when trading CFDs with Trade Nation.
4.0 / 5

A licensed kitchen with real, checkable paperwork.

Trade Nation opened its doors in 2014 and cooks as a regulated CFD broker, carrying FCA licence 525164.

What's on the menu

Trade Nation has been serving since 2014, with the kitchen based in London, UK. The firm is privately held. The order book runs deep: 1,000 CFD instruments spanning forex, indices, commodities and crypto. Everything here is a contract for difference, so you are trading the price move, not owning the underlying dish.

MetaTrader comes plated on every account type. There is no copy-trading option here.

Founded2014
HeadquartersLondon, UK
Instruments1,000+
PlatformsTrade Nation Platform, MT4
MetaTraderYes, MT4 and MT5
Copy tradingNo
Real stocksNo, CFDs only

Kitchen inspection: is Trade Nation safe?

FCA-regulated brokers must keep client funds in accounts segregated from company funds, provide negative balance protection, and contribute to the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per client if the broker becomes insolvent.

RegulatorLicenceEntity
FCA525164 ✓Trade Nation Ltd
ASIC422661 ✓Trade Nation Financial Pty Ltd
FSCA49846 ✓Trade Nation SA Pty Ltd
SCBSIA-F216 ✓Trade Nation Ltd (Bahamas)

Want to inspect the kitchen yourself? Pull up register.fca.org.uk and look up the FCA licence. The listing lays out the entity name, its authorisation status and the full list of what it is cleared to do. A minute, tops.

Ready to open an account?

Trade Nation - FCA regulated, min deposit None, 1,000+ instruments.

Start Trading at Trade Nation →

Ingredient costs: Trade Nation spreads

Here is what the raw ingredients cost on a standard Trade Nation account. Spreads breathe with the market and with your account tier; step up to an ECN or raw-spread table and the spread shrinks, but a per-trade commission joins the bill.

EUR/USD0.6 pips pips
GBP/USD0.9 pips pips
USD/JPY0.7 pips pips
Gold (XAU/USD)21c/oz
S&P 5000.5pt

That EUR/USD figure of 0.6 pips pips is a fair price to pay on a commission-free account.

The bill: Trade Nation withdrawal fee and timing

Cost to take money out: None. Trade Nation does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.

How long it takes: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.

No cash leaves the till until your identity checks out. If your proof of ID and address are not yet filed and cleared, the payout waits; once you are fully verified, cash-outs follow the timings shown above.

The cover charge by entity

The opening deposit at Trade Nation depends on which entity seats your country. Offshore branches tend to set a smaller cover charge, but you dine with a thinner layer of regulatory protection.

EntityRegulatorMin depositMax leverage (forex)
Trade Nation LtdFCA 525164None1:30
Trade Nation Financial Pty LtdASIC 422661None1:30
Trade Nation SA Pty LtdFSCA 49846None1:400
Trade Nation Ltd (Bahamas)SCB SIA-F216None1:500

Trade Nation vs eToro

Trade NationeToro
Primary regulatorFCA 525164FCA 583263
Min depositNone$50
EUR/USD spread0.6 pips pips1.0 pips
MetaTraderYesNo
Instruments1,000+3,000+
Copy tradingNoYes
Withdrawal feeNone$5 per withdrawal

Both kitchens hold real licences, so neither is a bad table. Pull up a chair at Trade Nation if you value MetaTrader and running algorithms. eToro plates up better for anyone who leans on its particular regulated-entity coverage.

The licences, line by line

FCA525164, Trade Nation Ltd
ASIC422661, Trade Nation Financial Pty Ltd
FSCA49846, Trade Nation SA Pty Ltd
SCBSIA-F216, Trade Nation Ltd (Bahamas)

Under ESMA house rules, retail traders in the EU and UK are served leverage no higher than 1:30 on the major forex pairs. The offshore entity will pour up to 1:500, but that comes with a lighter seal of protection.

What tastes good, what leaves a bad aftertaste

Cooked well

  • FCA regulated, Trade Nation Ltd
  • No minimum deposit
  • MetaTrader 4 and 5 available
  • No inactivity fee
  • Regulated in 4 jurisdictions

Sent back

  • No copy trading
  • No real stock ownership, CFDs only
  • High leverage only via offshore entity

Compare Trade Nation before you commit

4.0/5 rating - FCA regulated - min deposit None

Visit Trade Nation →

The verdict

Nothing on the plate here is fake: Trade Nation is a genuine, regulated broker, and FCA licence 525164 checks out on the public register. The table is set best for traders who want MetaTrader served on a regulated platform. We rate it 4.0 out of 5.

Other tables worth a look

If Trade Nation is not quite to your taste, these regulated kitchens are worth comparing:

XM
CySEC regulated · Min $5
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IC Markets
ASIC regulated · Min $200
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Pepperstone
FCA regulated · Min None
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Frequently asked questions

Is Trade Nation safe?

FCA-regulated brokers must keep client funds in accounts segregated from company funds, provide negative balance protection, and contribute to the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per client if the broker becomes insolvent. The kitchen holds FCA licence 525164, and you can confirm it for yourself on the official register.

What is the Trade Nation minimum deposit?

The cover charge is None at the main regulated entity. Offshore branches may plate it differently, so check the entity table above for the full spread.

What is the Trade Nation EUR/USD spread?

On a standard Trade Nation account the EUR/USD ingredient runs about 0.6 pips pips. It moves with the market; an ECN or raw table trims the spread in exchange for a per-trade commission.

How long does Trade Nation take to process withdrawals?

1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.

Does Trade Nation charge withdrawal fees?

None. Trade Nation does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.

Does Trade Nation have MetaTrader?

Yes. Both MT4 and MT5 are on the menu across every account type, so automated strategies, custom indicators and expert advisors are all on the table.

68% of retail investor accounts lose money when trading CFDs with Trade Nation. CFDs are complex instruments. Consider whether you can afford the high risk of losing your money.