Trade Nation Platforms | How Trade Nation Platforms Work

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.

Trade Nation works on its customized web platform Cloud Trade as well as its mobile trading platform Trade Nation.

Trade Nation also works on the MT4 trading platform as well. In this section, we will discuss each one of them in detail.

Cloud Trade (Web Platform)

Pros

Cons

  • User-friendly UI
  • Price and notification alerts
  • good searching function
  • Clear portfolio and reports

No two-step verification method for login

Languages

Cloud Trade is available in a variety of languages like English, Hungarian, French, German, Spanish, Danish, Slovenian, Swedish, Portugese, Norsk, Catalan, Italian, and Vietnamese.

User interface (UI)

The UI of Cloud Trade looks beautiful with all its functions in the right place.

Trade Nation Platforms | How Trade Nation Platforms Work

Trade Nation – Cloud Trade – UI

Login and Security

Unfortunately, Cloud Trade has no two-factor authentication method for login.

Trade Nation Platforms | How Trade Nation Platforms Work

Trade Nation – Cloud Trade – Login

Searching

The searching function within the Cloud Trade Platform works fine with the ability to search by category as well as the asset name.

Trade Nation Platforms | How Trade Nation Platforms Work

Trade Nation – Cloud Trade – Searching

Placing orders

There are several types of orders at Cloud Trade like:

  1. Market
  2. Limit
  3. Stop-loss
  4. Stop limit
  5. Trailing stop
  6. Guaranteed Stop Loss

In addition to those types, there’s another order which is the time limit ‘Good ‘til time’ or GTT.

Trade Nation Platforms | How Trade Nation Platforms Work

Trade Nation – Cloud Trade – Place Orders

Notifications and alerts

Cloud Trade allows its clients to set price and notification alerts on assets in order to be updated regularly.

Trade Nation Platforms | How Trade Nation Platforms Work

Trade Nation – Cloud Trade – Price Alerts

Portfolio and reports

The portfolio and reports within Cloud Trade platform are clear and there are a number of helpful reports available like:

 

  • Account balance
  • Current margin
  • Open position P/L
  • Available funds
  • Transaction history

    Trade Nation Platforms | How Trade Nation Platforms Work

Trade Nation – Cloud Trade – Portfolio and Reports

Trade Nation (Mobile Platform)

Pros

Cons

  • Beautiful UI
  • good searching functionality
  • Order confirmation

No price alerts

no two-step verification

Languages

The only available language in the Trade Nation mobile platform is English.

User interface (UI)

The UI of Trade Nation Mobile Platform looks good and user-friendly as well.

Trade Nation Platforms | How Trade Nation Platforms Work

Trade Nation – Mobile Platform – UI

Login and security

Unfortunately, the Trade Nation mobile application supports only a one-step verification method for login.

Trade Nation Platforms | How Trade Nation Platforms Work

Trade Nation – Mobile Platform – Login

Searching

The mobile application of Trade Nation has a structured searching function. Using this function, you can search for asset categories or by the asset name itself.

Trade Nation Platforms | How Trade Nation Platforms Work

Trade Nation – Mobile Platform – Searching

Placing orders

Same as the web platform, There are several types of orders at Cloud Trade like:

  1. Market
  2. Limit
  3. Stop-loss
  4. Stop limit
  5. Trailing stop
  6. Guaranteed Stop Loss

In addition to those types, there’s another order which is the time limit ‘Good ‘til time’ or GTT.

Trade Nation Platforms | How Trade Nation Platforms Work

Trade Nation – Mobile Platform – Place Orders

Notifications and alerts

Surprisingly, there’s no option to set price alerts or notification in the mobile trading platform of Trade Nation.

MT4 Platform

Pros

Cons

  • Available on Windows / Mac / Web / Android / IOS
  • Order confirmation
  • Customizable charts
  • Available in a number of languages
  • Easy to use
  • Ability to social trade
  • Good searching functions
  • Notifications and price alerts on Desktop and Mobile versions
  • Lacks two-step verification
  • Old desktop design
  • No price alerts in web version

Languages

MetaTrader 4 is available in a number of languages like:

MT4 Languages

Arabic

Bulgarian

Chinese

Croatian

Czech

Danish

Dutch

English

Estonian

Finnish

French

German

Greek

Hebrew

Hindi

Hungarian

Indonesian

Italian

Japanese

Korean

Latvian

Lithuanian

Malay

Mongolian

Persian

Polish

Portuguese

Romanian

Russian

Serbian

Slovak

Slovenian

Spanish

Swedish

Tajik

Thai

Traditional Chinese

Turkish

Ukrainian

Uzbek

Vietnamese

 

User interface (UI)

MT4 has a very customizable UI that you can adjust according to your needs and preferences. On the other hand, it seems hard to find some of the features inside.

Trade Nation Platforms | How Trade Nation Platforms Work

MT4 – Mobile Version – UI

Login and Security

Unfortunately, the MT4 does not provide a two-step verification method for logging in, and it does only support a one-step login.

Searching

Searching using the MT4 platform has two different options:

  • You can search by categories and find assets.
  • You can also type the name of the asset and search for it manually.

Trade Nation Platforms | How Trade Nation Platforms Work

MT4 – Mobile Platform – Search

Placing orders

MT4 has a simple order types which are:

  1. Market
  2. Limit
  3. Stop
  4. Trailing stop

In addition to those 4 types, there are other orders which are the time limit ‘Good ‘til time’ (GTT) and ‘Good ’til canceled’ (GTC).

There’s also an order confirmation feature in MT4.

Notifications and alerts

Unfortunately, the MT4 web trading platform does not have an option to set price alerts and notifications unlike the desktop and mobile versions.

Trade Nation Platforms | How Trade Nation Platforms Work

MT4 – Mobile Version – Notifications Settings

Portfolio and reports

Under the ‘History’ tab, you can find your portfolio reports with a clear fee description.

Trade Nation Platforms | How Trade Nation Platforms Work

MT4 – Mobile Version – Portfolio

3. FAQs

  1. How long does it take to verify my account?
  • It takes about 1 to 2 business days to verify your Trade Nation account.
  1. Can I open more than one trading account?
  • Yes, you can open multiple accounts with different currencies if you want.
  1. 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.
  1. Does Trade Nation allow scalping and hedging?
  • Yes, you can place hedging orders on the Trade Nation Platform.
  1. 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.
  1. Has Nation Trade broker a swap-free account option?
  • No, Trade Nation has no swap-free option.
  1. How do I login using the MT4 mobile platform?
  • Steps:

1. Go to ‘Settings’

2. Click on ‘Manage Accounts’ or ‘Settings’

3. Then click on the small plus sign or select ‘New Account’

4. Then select ‘Log in to an existing account’

5. Search for the broker name

6. Select the server your account was set up on

7. Enter your login credentials and password

8. Click on ‘Sign In’

  1. 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.
  1. Can I login to more than one account from the same computer?
  • Yes, you can do such a thing by using the MT4 Multi Terminal.
  1. Can I login to the same account through different devices?
  • Yes, you can login to the MetaTrader 4 platform using the same password and username through different devices.
  1. Does Trade Nation accept payments from third parties?
  • No. Trade Nation will only accept payment from an account or deposit method in your name.


Leave a Reply