Tradenation review: Tradenation.com is an online trading platform that provides access to a variety of financial markets, including Forex, stocks, indices, and commodities. The platform was founded with the aim of providing traders with a user-friendly and secure platform to invest and trade financial products.
One of the standout features of Tradenation.com is its user-friendly interface. The platform is designed with simplicity in mind, making it easy for even novice traders to navigate and trade. This is complemented by a range of educational resources that can help traders of all levels improve their knowledge and skills.
In terms of fees, Tradenation.com charges competitive spreads and commissions on trades. However, some users have noted that the fees can be on the higher side compared to some other trading platforms. It is worth noting that fees can vary depending on the financial product being traded and the trading account type.
Trading Terminals:
| 💵 Currency: | USD, EUR, GBP |
| 💰 Min deposit | $50 |
| ⚖️ Leverage | Up to 1:200 for Forex, up to 1:100 for indices and commodities |
| 💱 Spread | Floating from 0.6 pips for Forex |
| 💹 Markets | Forex, indices, commodities |
| 📱 Mobile apps | iOS, Android |
| 🗺️ Headquarters | London, United Kingdom |
Overall Tradenation.com Review
ROverall, Tradenation.com offers a range of features and tools that make it a strong contender for traders looking for a user-friendly and secure trading platform. The educational resources, trading tools, and commitment to security are all notable strengths. However, traders should be aware of the fee structure and consider whether it fits with their trading strategy and goals.
Go to Tradenation.com website
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Top Reviews
Best customer reviews of Tradenation.com
The site administration cannot guarantee review accuracy and lacks the technical means to verify if authors are actual customers. Reviews lacking detail and purely emotional in nature are disregarded.
Their educational resources are top notch. I was a complete beginner when I first started trading, but their webinars and tutorials have helped me better understand the market and make more informed trading decisions. The platform is user friendly and the customer service is excellent. I have had a few issues in the past and they have always been resolved quickly and efficiently. Overall, I highly recommend this platform to anyone who wants to improve their trading skills.
United Kingdom
I had a terrible experience with Trade Nation. Their platform kept crashing and I lost a significant amount of money as a result. When I contacted customer service, they were helpless and unresponsive to my inquiries. It took several weeks before they even acknowledged my complaint, and when they did, they offered me paltry compensation.
Italy
The platform is easy to use and the customer service is responsive. However, I didn't see many unique features or tools that set them apart from other brokers. Their commissions are also a bit higher than some of the other brokers I have used in the past. However, I haven't had any major issues with the platform and I would recommend it to those who are just starting out in trading or looking for a simple and straightforward trading experience.
Slovenia
Expert Review
Expert Review of Tradenation.com
As an expert in the online trading industry, I have had the opportunity to closely evaluate Trade Nation's trading platform and services. Overall, I find the platform to be user-friendly and well-designed, with a range of trading tools and features that cater to both novice and experienced traders.
One of the standout features of Trade Nation is their commitment to education. They offer an extensive range of educational resources, including webinars, tutorials, and trading guides, all of which are designed to help traders improve their skills and make better trading decisions. This is particularly valuable for new traders who may be unfamiliar with the intricacies of the markets.
In terms of the trading platform itself, Trade Nation offers a range of assets, including Forex, indices, and commodities, which can be traded through their user-friendly web platform or via their mobile app. The platform is easy to navigate and offers a range of trading tools, including charts, technical indicators, and risk management tools.
One area where Trade Nation could improve is in their pricing. While their spreads are competitive, they do charge a commission on some of their trades, which can make them more expensive than some of their competitors. However, this is offset by their excellent customer service, which is available 24/5 and is always quick to respond to queries and concerns.
Overall, I believe that Trade Nation is an excellent choice for traders looking for a reliable and user-friendly trading platform with a strong emphasis on education. While their pricing may not be the most competitive, their excellent customer service and educational resources more than make up for it.
Financial expert and analyst at TradersHero.com
Risk Warning! Trading on Trade Nation carries risks, including the potential for loss of funds, and traders should ensure that they understand the risks involved before making any trades.
Copy Trading
Investment Programs
While Trade Nation does not offer a built-in copy trading feature on its platform, traders can still engage in copy trading by using third-party services. These services allow traders to select professional traders to follow and automatically copy their trades on their Trade Nation account. Popular third-party platforms for copy trading include eToro, ZuluTrade, and Myfxbook, among others. However, traders should carefully research and evaluate these platforms before choosing one to use for copy trading, and should exercise caution when selecting traders to follow and copy.
Myfxbook is a popular third-party platform that traders can use for copy trading on Trade Nation. The platform offers a range of features and tools for analyzing trader performance and managing risk, making it a popular choice among traders.
If an investor is not satisfied with a particular trader's trading methods, they can disconnect from that trader at any time. This feature helps to protect the investor's deposit, which is not always offered by other brokerage companies. Additionally, anyone can act as both an investor and a trader, and all transaction copying statistics are displayed in the client's account.
While Myfxbook offers a range of features for copy trading, it's important for traders to exercise caution and thoroughly research the traders they choose to follow. Copy trading involves risk and traders should carefully evaluate the performance history, risk management strategy, and other factors before allocating funds for copy trading.
Remember, copy trading carries risks, and it's important to carefully consider your personal circumstances, risk appetite, and financial goals before engaging in copy trading activities on Exness.com or any other platform.
One of the key features that sets Myfxbook apart from other copy trading platforms is its advanced performance analysis tools. Myfxbook provides a range of metrics and charts that traders can use to evaluate the historical performance of potential traders to follow and copy. This includes detailed risk analysis, drawdown analysis, and other performance metrics that can help traders make informed decisions about which traders to copy. Additionally, Myfxbook offers a range of customization options, allowing traders to set their own risk management rules and trading parameters for copy trading. This level of customization and analysis sets Myfxbook apart from other copy trading platforms and can be particularly useful for traders who are looking for a more in-depth approach to copy trading.
Best Copy Trading Platforms
Conditions
Trading Conditions for Tradenation Traders
Trading Terminals:
The platform offers competitive trading conditions for traders, including low spreads, high leverage, and fast trade execution speeds. Here are some key details about the trading conditions on Trade Nation:
Spreads: Trade Nation offers competitive spreads on a range of assets, including Forex, indices, and commodities. Spreads on Forex pairs start from as low as 0.6 pips, and there are no hidden fees or commissions.
Leverage: Trade Nation offers high leverage of up to 1:200 for Forex trading and up to 1:100 for indices and commodities. While leverage can amplify profits, it also increases risk, so traders should use it with caution.
Trade Execution: Trade Nation offers fast and reliable trade execution speeds, with trades typically executed in just a few milliseconds. This helps to ensure that traders can enter and exit positions quickly and take advantage of market opportunities as they arise.
Trading Hours: The platform offers trading 24 hours a day, 5 days a week, allowing traders to take advantage of market opportunities around the clock.
Trading Platforms: Trade Nation offers two trading platforms – WebTrader and MetaTrader 4 – both of which are user-friendly and offer a range of trading tools and features to help traders make informed trading decisions.
In addition to these trading conditions, Trade Nation also offers a range of educational resources, trading guides, and technical analysis tools to help traders improve their skills and make better trading decisions. They also have a range of account types to suit different traders' needs, including a free demo account, a standard account, and a pro account with enhanced features and benefits. Overall, Trade Nation provides a competitive trading environment for traders, with low spreads, high leverage, and fast trade execution speeds.
| 💵 Currency | USD, EUR, GBP |
| 💰 Min deposit | $50 |
| ⚖️ Leverage | Up to 1:200 for Forex, up to 1:100 for indices and commodities |
| 💱 Spread | Floating from 0.6 pips for Forex |
| 💹 Markets | Forex, indices, commodities |
| 📱 Mobile apps | iOS, Android |
| 💵 Replenishment / Withdrawal: | Visa, Mastercard, bank transfer, Skrill, Neteller, Trustly, Rapid Transfer |
| 🏦 Broker Type: | Market Maker |
| 📞 Customer Service | Live chat, email, phone |
| 👩💼 Support | Multilingual |
| 👨💼 Personal Account Manager | ✅ |
| 🔁 Copy Trading | ❌ |
| 🔓 Demo account | ✅ |
| 🗺️ Headquarters | London, United Kingdom |
Risk Warning
Comparison
Comparison of Tradenation with other FOREX Brokers
MT4
Broker comparison table of trading instruments
Commissions
Tradenation Accounts, Commissions & Fees
Trade Nation offers three different account types: Standard, Pro, and Islamic. Here's a more detailed breakdown of the accounts and the fees associated with them:
Standard Account: The Standard Account is designed for beginner traders and has a minimum deposit requirement of $50. Spreads start from 0.6 pips for Forex and there are no commissions charged on trades. Traders can use leverage of up to 1:200 for Forex and up to 1:100 for indices and commodities. The account offers negative balance protection and allows traders to access the full range of assets offered by Trade Nation.
Pro Account: The Pro Account is designed for professional traders and requires a minimum deposit of $10,000. Spreads start from 0.0 pips for Forex, but there is a commission of $3.5 per lot per side on Forex trades. Traders can use leverage of up to 1:200 for Forex and up to 1:100 for indices and commodities. The account offers additional benefits such as a personal account manager, free VPS hosting, and access to exclusive trading webinars and research.
Islamic Account: Trade Nation also offers an Islamic Account for traders who follow the principles of Islamic finance. The account is swap-free and does not charge any interest or fees for holding positions overnight. Traders can access all the same features and benefits as the Standard Account.
Deposits and Withdrawals: Trade Nation supports a range of payment methods for deposits and withdrawals, including Visa, Mastercard, bank transfer, Skrill, Neteller, Trustly, and Rapid Transfer. There are no fees for deposits or withdrawals, but traders should be aware that some payment providers may charge their own fees.
| Parameter | Standard Account | Pro Account | Islamic Account |
|---|---|---|---|
| Minimum Deposit | $50 | $10,000 | $50 |
| Spreads | Floating, from 0.6 pips for Forex | Floating, from 0.0 pips for Forex | Floating, from 0.6 pips for Forex |
| Commission | ❌ | $3.5 per lot per side for Forex | ❌ |
| Leverage | Up to 1:200 for Forex, up to 1:100 for indices and commodities | Up to 1:200 for Forex, up to 1:100 for indices and commodities | Up to 1:200 for Forex, up to 1:100 for indices and commodities |
| Negative Balance Protection | ✅ | ✅ | ✅ |
| Personal Account Manager | ❌ | ✅ | ❌ |
| Islamic Account | Regular | Regular | ✅ |
| Available Markets | Forex, indices, commodities | Forex, indices, commodities | Forex, indices, commodities |
Overall, Trade Nation's account types and fees are competitive and transparent, with no hidden charges or fees. Traders can choose the account that best suits their needs and access a range of trading tools and resources to help them make informed trading decisions.
Risk Warning
Final review
Detailed review of Tradenation
Trade Nation is a UK-based online broker that provides trading services for Forex, indices, and commodities. The company is regulated by the Financial Conduct Authority (FCA) in the UK and is committed to providing a safe and transparent trading environment for its clients. In this detailed review, we will examine Trade Nation's trading platform, account types, fees, and other features to help you decide if it is the right broker for you.
Trade Nation is a great choice for beginner forex traders due to its user-friendly platform, low minimum deposit, competitive spreads, educational resources, and FCA regulation.
Trade Nation offers two trading platforms: WebTrader and MetaTrader 4 (MT4). WebTrader is a web-based platform that is accessible through any modern web browser. It offers a user-friendly interface and a range of trading tools and features, including charts, technical indicators, and risk management tools. MT4 is a popular trading platform that offers advanced charting capabilities and a range of technical indicators, making it a powerful tool for both technical and fundamental analysis. Both platforms are available for desktop and mobile devices, allowing traders to access their accounts and trade on the go.
The platform offers competitive spreads on a range of assets, including Forex, indices, and commodities. Spreads on Forex pairs start from as low as 0.6 pips, and there are no hidden fees or commissions for Standard Account holders. Pro Account holders are charged a commission of $3.5 per lot per side on Forex trades, but benefit from tighter spreads starting from 0.0 pips.
The platform offers a range of educational resources, trading guides, and technical analysis tools to help traders improve their skills and make better trading decisions. They also have a range of account types to suit different traders' needs, including a free demo account, a standard account, and a pro account with enhanced features and benefits. Trade Nation provides customer support via live chat, email, and phone, and they also have a dedicated FAQ section on their website.
Overall, Trade Nation provides a competitive trading environment for traders, with low spreads, high leverage, and fast trade execution speeds. The broker offers a range of trading tools and resources to help traders make informed trading decisions, and they have a range of account types to suit different traders' needs. Trade Nation is regulated by a respected regulatory body and is committed to providing a safe and transparent trading environment for its clients.
Advantages:
Tradenation.com Regulator
Financial Conduct Authority (FCA)
Financial Conduct Authority (FCA): As a regulated broker under the FCA, Trade Nation is required to adhere to strict regulatory guidelines. This includes ensuring that client funds are kept separate from the company's funds in segregated accounts, and ensuring that clients are provided with a high level of protection against fraud and malpractice. The FCA also requires Trade Nation to maintain sufficient capital reserves to cover any potential losses, which ensures the stability of the company and provides further protection for traders.
Financial Services Authority of Seychelles (FSA)
Financial Services Authority of Seychelles (FSA): As a registered entity with the FSA, Trade Nation must comply with the regulations set out by the FSA. This includes maintaining strict financial and operational standards, providing clients with a high level of transparency, and ensuring that client funds are kept secure and separate from company funds.
Australian Securities and Investments Commission (ASIC)
Australian Securities and Investments Commission (ASIC): As a regulated entity under the ASIC, Trade Nation is required to comply with strict regulatory guidelines designed to protect traders. This includes providing clients with a high level of transparency, ensuring that client funds are kept separate from company funds, and maintaining sufficient capital reserves to cover any potential losses. The ASIC also requires Trade Nation to maintain a high standard of ethical and professional conduct in its dealings with clients, which further ensures the safety and security of its trading environment.
View Australian Securities and Investments Commission (ASIC)
Risk Warning
Promotions
Bonuses Paid by the Tradenation.com
Trade Nation does not offer bonuses or promotions to its clients. The company operates under strict regulatory guidelines set out by the Financial Conduct Authority (FCA) in the UK, which prohibits brokers from offering bonuses or other incentives to traders. This is to ensure that traders are not encouraged to take on excessive risks and that the trading environment remains transparent and fair. Instead of bonuses or promotions, Trade Nation focuses on providing a competitive trading environment with low spreads, fast execution speeds, and a range of trading tools and resources to help traders make informed trading decisions.
Education
Review of the Tradenation Education Program
Trade Nation offers a range of educational resources to help traders improve their skills and make better trading decisions. The broker's education program includes a range of trading guides, webinars, and technical analysis tools designed to suit traders of all levels.
Tools for dividing learning into multiple categories:
Overall, Trade Nation's education program provides traders with a range of resources to help them improve their skills and make better trading decisions. The program is accessible to traders of all levels, with resources ranging from basic trading guides to more advanced webinars and technical analysis tools. The combination of different resources provides a comprehensive approach to education, helping traders to develop a deep understanding of the markets and the skills needed to succeed.
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Rating and Comments
Tradenation.com Users Reviews 2024
Authors:
Roman Mukhin
Financial expert, analyst and author
Jane Emberg
Financial analyst and editor
My experience with Tradenation.com has been disappointing. I had trouble withdrawing my funds, and it took a long time to get any response from the customer service. When I finally did get a response, they were not helpful at all. I feel like Tradenation.com is not a trustworthy platform, and I would not recommend it to anyone.
The platform is easy to use, but the fees for trading are quite high. I have also experienced some technical glitches while using the platform. The customer service is responsive, but it takes some time to resolve the issues. Overall, I am neutral about recommending Tradenation.com.
The platform is easy to use, and their customer service is always responsive and helpful. The trading fees are reasonable, and I have been able to make good profits using this platform. I highly recommend Tradenation.com to anyone who wants to start trading.
I have been trading with Tradenation.com for over a year, and I am very happy with their service. The platform is easy to use, and their trading fees are reasonable. The customer service is always helpful and responsive. I have made good profits using this platform, and I plan to continue using it in the future. I highly recommend Tradenation.com to anyone who wants to start trading.