Trade Nation Review: The Pros, Cons, and Hidden Features

Trade Responsibly! 81% of CFD Clients Lose Money.

Trade Nation is a financial spread betting and CFD provider founded in 2014. It is regulated in multiple jurisdictions including the UK (FCA), Australia (ASIC), South Africa (Financial Sector Conduct Authority in South Africa) and the Bahamas. What sets Trade Nation apart from the many other existing spread betting brokers is the no frills service that it offers. At a time when traders are overwhelmed by the up to the minute news, market analyses, courses, webinars or trading signals the brokers try to attract them with, Trade Nation comes across as a breath of fresh air. They decided to eliminate all the distracting noise and concentrate on what matters the most to its customers: fast, easy to use platform (available in three different versions: desktop, tablet, mobile), wide choice of instruments (forex, indices, commodities, US, UK and European shares) and tight, fixed spreads (for instance 0.9 points on GBP/USD or 1 point on DAX).

This broker focuses on what traders value most:

• A fast, user-friendly platform (available on desktop, tablet, and mobile).
• A broad selection of instruments, including forex, indices, commodities, and shares from the US, UK, and Europe.
• Tight, fixed spreads, such as 0.9 points on GBP/USD and 1 point on DAX.

Transparency and Trading Conditions

The use of fixed spreads sometimes raises concerns as trades are not sent to the live market (which operates on variable spreads) but managed in-house. This setup might suggest a potential conflict of interest. However, Trade Nation assures clients it does not take positions against them, passing the associated risks to market counterparties instead.

Trade Responsibly! 81% of CFD Clients Lose Money.

If these spreads seem too good to be true (at least that’s how they looked to me), the explanation for it lies in the small print: all the advertised spreads are for just one way, so for instance, using the GBP/USD example above, you would pay 0.9 points on opening the trade and then again 0.9 points on closing it, for a total of 1.8 points. Furthermore, the advertised spreads are only valid during specific market hours. The particulars for each instrument can be found in the ‘Market Info’ window, accessible from the platform.

User-Friendly Platform

Trade Nation’s platform is designed for simplicity and ease of use. Accessing the demo version requires no registration—just one click. The platform features all essential trading tools and advanced charting capabilities, including DiNapoli levels, Gann boxes, and Fibonacci pivot points, which go beyond standard MT4 functionalities.

To familiarise yourself with the platform, there’s no need to fill in any details, you can access the demo version with just one click. As previously mentioned, it is intuitive and packs all the necessary things to enable you to trade. The charts even come with some features that can’t be found on a standard MT4 platform: DiNapoli levels, Gann box or Fibonacci pivot points.

Pros and Cons

Pros
✅ Regulation and Trustworthiness: Operates under multiple reputable regulatory bodies, ensuring client security and compliance.
✅ User-Friendly Platform: Intuitive, fast, and available across multiple devices.
✅ Transparent Trading Fees: Clearly defined spreads and conditions for each instrument.
✅ No-Frills Approach: Focuses on providing essential tools and eliminating unnecessary distractions.
✅ Accessible Demo Account: Explore the platform freely without registering.

Cons
❌ Limited Educational Resources: Unlike some competitors, Trade Nation offers fewer resources such as webinars, courses, or trading signals.
❌ Market Hours Restriction: Advertised spreads apply only during specific market hours, requiring traders to stay vigilant.

To conclude: for those who just want to concentrate on spread betting, without noise or distractions, Trade Nation is a good candidate.

Financial spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.