Score
Nation Traders
United Kingdom|2-5 years| https://nationtraders.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+44 7459585436
Other ways of contact
Broker Information
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Nation Traders Limited
Nation Traders
United Kingdom
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:1000 |
| Minimum Deposit | $2500 |
| Minimum Spread | from 0.0001 |
| Products | Forex,Commodities,Indices,Cryptos,CFDs & ETF |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:1000 |
| Minimum Deposit | $800 |
| Minimum Spread | from 0.02 |
| Products | Forex,Commodities,Indices,Cryptos,CFDs & ETF |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | $300 |
| Minimum Spread | from 0.03 |
| Products | Forex,Commodities,Indices,Cryptos,CFDs & ETF |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | from 0.08% per lot |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:400 |
| Minimum Deposit | $100 |
| Minimum Spread | from 0.04 |
| Products | Forex,Commodities,Indices,Cryptos,CFDs & ETF |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | from 0.08% per lot |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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Nation Traders · Company Summary
| Nation TradersReview Summary | |
| Founded | 2022 |
| Registered Country/Region | UK |
| Regulation | Not regulated |
| Market Instruments | forex, precious metals, commodities, index CFDs, crypto CFDs, stock CFDs |
| Demo Account | ✔ |
| Leverage | Up to 1:2000 |
| Spread | As low as 0.0 floating spreads |
| Trading Platform | PC platform, Trading App |
| Min Deposit | $25 |
| Customer Support | Live chat, contact form, phone, email |
Nation Traders Information
Nation Traders was founded in 2022 and registered in the UK. Nation Traders trades many trading products. However, it has no effective regulatory information.
Pros and Cons
| Pros | Cons |
| Various trading asset classes | Not regulated |
| Demo accounts | Funds are not protected by law |
| Flexible leverage ratios | No MT4/5 |
| Tight spreads | Limited payment methods |
| No commission on the Standard account | |
| Free deposits and withdrawals |
Is Nation Traders Legit?
As of now, Nation Traders isnot regulated by any institution like FCA. Therefore, it is not safe.
What Can I Trade on Nation Traders?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Metals | ❌ |
| Cryptos | ✔ |
| ETFs | ✔ |
| Bonds | ❌ |
Account Type
Nation Traders offers Pro2, Pro1, Prime, and Standard plans with a minimum deposit of $5000, $3000, $200, and $25 respectively.
Leverage
Nation Traders offers flexible leverage ratios based on account balance. For example, if your account balance is less than $500, the leverage ratio will be as high as 1:2,000; if your account balance is greater than $45,000, the leverage ratio becomes 1:100. Note that the high degree of leverage can work against you as well as to your advantage.
Spreads & Commissions
| STANDARD | Prime | Pro1 | Pro2 | |
| Spread | As low as 1.5 floating spreads | As low as 0.0 floating spreads | As low as 0.1 floating spreads | As low as 0.5 floating spreads |
| Commission | $0 | $8 per lot | $4 per lot | $3 per lot |
Trading Platforms
| Trading Platform | Supported |
| PC platform | ✔ |
| Trading App | ✔ |
Deposit & Withdrawal
Nation Traders accepts Visa, MasterCard, Visa electron, American express and Maestro. Supported currencies include MYR, THB, IDR, USD, and SGD. No fees for deposits and withdrawals. All deposits are said to be instant, while all withdrawals can be processed within 24 hours.
Customer Service
| Contact Options | Details |
| Phone | +447459585436(England) |
| +19055247259 (Canada) | |
| +64 22 845 517 (New Zealand) | |
| +61 2 6248 9776 (Australia) | |
| support@nationtraders.com | |
| Contact Form | ✔ |
| Online Chat | ✔ |
| Social Media | ❌ |
| Supported Language | English |
| Physical Address | 23 Davidson Street Manchester M1 1AA, England. |
| 105 Main Street E., Suite 1400 Hamilton ON L8N 1G6 Canada. | |
| Fujitsu Tower 141 The Terrance, Wellington Central, Wellington 6011, New Zealand | |
| 18 Mort St, Canberra ACT 2601, Australia |
The Bottom Line
In conclusion, Nation Traders is a forex trader who offers many class assets. Nevertheless, it is not suitable for trading due to its unregulated status.
FAQs
Is Nation Traders safe?
No. It has no regulation.
Is Nation Traders good for day trading?
No.
Is Nation Traders good for beginners?
Yes, It offers risky-free demo accounts, but it is not recommended for traders to open a real account because it is unregulated currently.
News
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