Trade Nation Information
Trade Nation is an online forex broker registered in United Kingdom and well regulated by ASIC, FCA, FSA, and SCB. Since its founding, Trade Nation has prioritized the provision of a wide variety of tradable assets. Traders can access a diverse selection of forex currency pairs, commodities, indices, allowing them to capitalize on various market opportunities.
Is Trade Nation Legit or a Scam?
Pros and Cons
Market Instruments
Trade Nation offers a range of market instruments to cater to the trading preferences of its clients. These instruments include indices, commodities, and forex currency pairs. Traders can access a variety of global indices, enabling them to speculate on the performance of specific stock markets or sectors.
Additionally, Trade Nation provides a selection of commodities, allowing traders to trade on the price movements of popular commodities such as gold, silver, oil, and agricultural products. Furthermore, forex currency pairs are available for trading, providing traders with the opportunity to participate in the foreign exchange market.
Trading Cost
Cost Comparison (Wall Street 30):
- Trade Nation: 1.50 pt spread, total annual cost = $3,402
- Eightcap: 1.60 pt spread, total annual cost = $3,629 (saving $227 p/a)
- Capital.com: 2.00 pt spread, total annual cost = $4,536
Key Costs:
- Spread: The cost of buying/selling a financial instrument.
- Overnight Funding: A daily charge or credit for positions held open after 22:00 GMT (Futures are excluded from this).
Account Types for Trade Nation
Trade Nation offers traders the opportunity to open a demo account and a live account. This account structure provides traders with options to experience simulated trading through the demo account and engage in real-time trading with the live account.
How to Open an Account?
Opening an account with Trade Nation, a reputable forex broker, is a straightforward process that can be completed in a few simple steps. Whether you are a beginner or an experienced trader, Trade Nation strives to make the account opening process quick and convenient. Here is a step-by-step guide on how to open an account:
- Visit the official Trade Nation website: Start by accessing the official Trade Nation website at https://tradenation.com/. Click on “Trade Now” or a similar button on the website's homepage. Clicking on this button will take you to the account registration page.
2. Fill in the required information: On the account registration page, you will be prompted to provide some personal information. This may include your name, email address, contact details, and other relevant information. Ensure that the information you provide is accurate and up to date.
3. Complete the application: Once you have provided the necessary information and selected your preferred account type, carefully review the terms and conditions, risk disclosure, and other legal documents. Make sure you understand and agree to the terms before proceeding.
4. Account verification: As part of the account opening process, you may be required to provide identification documents for verification purposes. This is a standard procedure to ensure the security and compliance of the platform.
5. Fund your account: After your account is successfully verified, you can proceed to fund your trading account. Trade Nation offers multiple deposit options, including bank transfers, credit/debit cards, and electronic payment methods. Choose the most convenient option for you and follow the instructions provided.
6. Start trading: Once your account is funded, you can access the trading platform provided by Trade Nation. Familiarize yourself with the platform's features, tools, and trading instruments. You can then begin executing trades based on your trading strategy and market analysis.
Trading Platforms
Deposit and Withdrawal Methods and Fees
Traders can choose from several reliable payment methods, including VISA, MasterCard, FPX, Bitcoin, and Grabpay. When it comes to making a deposit, Trade Nation sets a minimum deposit requirement of $0, allowing traders of all levels to start their trading journey.
Southeast Asia:
Africa:
Customer Support of Trade Nation
Language(s): English
Email: support@tradenation.com
Phone Number: +44 (0) 203 180 5952
Address: 14 Bonhill Street, London, EC2A 4BX, United Kingdom
Social media: Facebook, Instagram, LinkedIn, YouTube, twitter
2022-11-15 15:29
2024-05-06 17:54