- يونيو 27, 2021
- Posted by: ForexTradeOn
- Category: Trade Nation Broker review
Pros |
Cons |
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Introduction
Trade Nation is a UK forex and CFD broker that’s regulated by top-tier FCA. it’s founded in 2014 and has trading instruments like forex, CFD, bonds, commodities, and real stocks.
Account Currencies
The Trade Nation account has several account currencies like:
- USD
- GDP
- EUR
- DKK
- SEK
- NOK
- AUD
- ZAR
Notes:
- You will not be charged with conversion fees if your account has the same currency with your bank account or when you trade assets with the same currency of your account.
- If you want to avoid being charged with conversion fees, you can open a multi-currency bank account at a digital bank.
Deposit
Trade Nation supports depositing using different methods such that:
- Credit cards
- Electronic wallets (like Skrill)
- Bank transfers
Trade Nation deposit methods
Trade Nation |
|
Credit cards |
Yes |
Bank Transfers |
Yes |
Electronic wallet |
Yes |
Fees
Trade Nation deposits are free of charge so that you can make deposits without a $0 fee.
Time
It takes about 1 to 2 business days to make a deposit through bank transfers while depositing using credit cards and electronic wallets happen instantly.
Withdrawal
Trade Nation has the same options for the withdrawal like the deposit which are:
- Credit cards
- Electronic wallets (like Skrill)
- Bank transfers
Trade Nation withdrawal methods and fees
Trade Nation |
|
Bank Transfers |
Yes |
Credit cards |
Yes |
Electronic wallet |
Yes |
Fee |
$0 |
Fees
Trade Nation’s withdrawals are free of charge. On the other hand, the minimum withdrawal amount is 50 units of the base currency (i.e., $50 if your account currency is USD.)
Time
It takes about 2 to 3 days to withdraw your money from Trade Nation.
Note:
For security reasons, you may have to verify your identity with the payment department for the first time through the registered email or the phone number.
FAQs
- Does Trade Nation give a bonus?
- Yes, Trade Nation gives a sign-up as well as trading bonuses as the following:
- Each customer will receive a sign-up bonus of 1,000 points upon opening an account
- Additional point for every USD traded is given as a bonus.
- Does Trade Nation allow scalping and hedging?
- Yes, you can place hedging orders on the Trade Nation Platform.
- Where is my money held?
- Client money is held in segregated bank accounts at Barclays Bank in London. For Trade Nation Australia, client’s money is held at Westpac in Australia.
- When trading forex, will you lose more than your initial deposit?
- The MetaTrader 4 platform is set to automatically close your positions when your margin requirement reaches 100% (stop out level).
- Please note that this process is automated and is not a guarantee that your account will not enter into a negative equity situation and you should keep a balance amount in your account above your required margin.
- Does Trade Nation accept payments from third parties?
- No. Trade Nation will only accept payment from an account or deposit method in your name.
Trade Nation Deposit and Withdrawal In Detail | $0 Fees
Rank (of 5): 5
Description:
Trade Nation has 8 major currency options for any account. Discover now how to deposit and withdraw from Trade Nation along with methods, fees, time, and currencies available.
Pros |
Cons |
|
|
Introduction
Trade Nation is a UK forex and CFD broker that’s regulated by top-tier FCA. it’s founded in 2014 and has trading instruments like forex, CFD, bonds, commodities, and real stocks.
Account Currencies
The Trade Nation account has several account currencies like:
- USD
- GDP
- EUR
- DKK
- SEK
- NOK
- AUD
- ZAR
Notes:
- You will not be charged with conversion fees if your account has the same currency with your bank account or when you trade assets with the same currency of your account.
- If you want to avoid being charged with conversion fees, you can open a multi-currency bank account at a digital bank.
Deposit
Trade Nation supports depositing using different methods such that:
- Credit cards
- Electronic wallets (like Skrill)
- Bank transfers
Trade Nation deposit methods
Trade Nation |
|
Credit cards |
Yes |
Bank Transfers |
Yes |
Electronic wallet |
Yes |
Fees
Trade Nation deposits are free of charge so that you can make deposits without a $0 fee.
Time
It takes about 1 to 2 business days to make a deposit through bank transfers while depositing using credit cards and electronic wallets happen instantly.
Withdrawal
Trade Nation has the same options for the withdrawal like the deposit which are:
- Credit cards
- Electronic wallets (like Skrill)
- Bank transfers
Trade Nation withdrawal methods and fees
Trade Nation |
|
Bank Transfers |
Yes |
Credit cards |
Yes |
Electronic wallet |
Yes |
Fee |
$0 |
Fees
Trade Nation’s withdrawals are free of charge. On the other hand, the minimum withdrawal amount is 50 units of the base currency (i.e., $50 if your account currency is USD.)
Time
It takes about 2 to 3 days to withdraw your money from Trade Nation.
Note:
For security reasons, you may have to verify your identity with the payment department for the first time through the registered email or the phone number.
FAQs
- Does Trade Nation give a bonus?
- Yes, Trade Nation gives a sign-up as well as trading bonuses as the following:
- Each customer will receive a sign-up bonus of 1,000 points upon opening an account
- Additional point for every USD traded is given as a bonus.
- Does Trade Nation allow scalping and hedging?
- Yes, you can place hedging orders on the Trade Nation Platform.
- Where is my money held?
- Client money is held in segregated bank accounts at Barclays Bank in London. For Trade Nation Australia, client’s money is held at Westpac in Australia.
- When trading forex, will you lose more than your initial deposit?
- The MetaTrader 4 platform is set to automatically close your positions when your margin requirement reaches 100% (stop out level).
- Please note that this process is automated and is not a guarantee that your account will not enter into a negative equity situation and you should keep a balance amount in your account above your required margin.
- Does Trade Nation accept payments from third parties?
- No. Trade Nation will only accept payment from an account or deposit method in your name.