Brokers / CFD & forex / Trade Nation

Trade Nation

4.1(2.1k)

London CFD and spread betting broker known for fixed spreads and TradingView trading

Trade on

ChartnautMetaTrader 4TradingViewOwn platform / app
Minimum deposit
None
2 account types
Regulators
6
incl. FCA, ASIC
Max leverage
30:1 on major FX (UK retail)
varies by entity and client type
Markets
5
Forex, Indices, Commodities, Stocks

Overview

Trade Nation is a London-based CFD and spread betting broker that started in 2014 as Core Spreads. Its hook is fixed spreads: on the popular markets you know your cost before you place the trade. It's a good fit for UK and Australian traders who want simple pricing and TradingView charts. It holds licences from the FCA in the UK, ASIC in Australia and the CMVM in Portugal for European clients, plus the FSCA in South Africa, the SCB in the Bahamas and the FSA in Seychelles.

Accounts and costs

There's no minimum deposit, and the costs sit in the spread with no commission. On TN Trader, EUR/USD is quoted at a fixed 0.6 pips, UK 100 at 1 point and gold at 3 points during core hours, with a variable spread option on commodities. UK retail leverage is 30:1 on major pairs, 20:1 on gold, shares and indices, and 10:1 on other commodities, with negative balance protection on everything. Offshore entities go higher. There's no account or inactivity fee.

Platforms and markets

You get TN Trader on web and mobile, and you can link that account to TradingView and trade straight from the charts. MT4 is there too, with a TradeCopier app for copying strategies, but there's no MT5 or cTrader. The list runs to roughly 1,000 to 1,200 CFDs on forex, indices, commodities, shares and government bonds. Trade Nation is a market maker, so your orders are filled in-house.

Money in and out

You can fund by card or bank transfer, and BTC, Ethereum and USDT are also accepted. Some regions get local options like Instant EFT in South Africa. Trade Nation doesn't charge for deposits or withdrawals, and the smallest withdrawal is $50 or the equivalent.

Good

  • Fixed spreads on popular markets, so you know the cost before you trade
  • Regulated by the FCA, ASIC and Portugal's CMVM
  • No minimum deposit and no deposit, withdrawal or inactivity fees
  • Trade from TN Trader, TradingView or MT4
  • Spread betting for UK clients

Watch for

  • No MT5 or cTrader
  • Around 1,000 to 1,200 instruments, fewer than the big multi-asset brokers
  • Market maker model: orders are filled by Trade Nation itself
  • Minimum withdrawal of $50 or 50 units of account currency

Accounts and costs

What each account needs to open and what you pay to trade on it.

AccountMin depositPricingMax leverage
TN Trader (CFD and UK spread betting)NoneFixed spreads, e.g. 0.6 pips on EUR/USD, no commission; variable spreads option on commodities30:1 on major FX (UK retail)
MT4NoneSpread only, no commission30:1 on major FX (UK retail)

Regulation

Which entity holds which licence. Your protection depends on the entity you open an account with.

FCA · United KingdomTrade Nation Financial UK LtdLicence FRN 525164
ASIC · AustraliaTrade Nation Australia Pty LtdLicence AFSL 422661
OtherTrade Nation Europe Empresa de Investimento, S.A.Licence 601
FSCA · South AfricaTrade Nation Financial (Pty) LtdLicence 49846
SCB · BahamasTrade Nation Ltd.Licence SIA-F216
FSA · SeychellesTrade Nation Financial Markets LtdLicence SD150
Negative balance protectionYes
Demo accountYes
Copy tradingYes
API tradingNo

Platforms and markets

Platforms

MetaTrader 4TradingViewOwn platform / app

Markets

ForexIndicesCommoditiesStocksBonds

Deposits and withdrawals

Methods
Bank transfer, Card, Crypto, Local methods
Minimum deposit
None
Not available in
BE, US

What traders say

Scores from the sites traders use, and our summary of what they're saying, checked 6 October 2026.

Trade Nation reviews well on the big platforms and badly on a few smaller ones. It holds 4.4 on Trustpilot from about 2,000 reviews, and its TradingView reviews are mostly positive. Reviews.io shows 1.1 from 167 reviews, though many of those read like posts from fund recovery services rather than clients. Forex Peace Army and Myfxbook have pages with a mix of reviews and no score in the evidence. Withdrawal delays are the complaint that comes up most.

What traders like

  • Support and account managers. Trustpilot's own summary says reviewers consistently praise friendly, fast support, and many reviews name individual staff who helped with onboarding.

  • Fixed spreads. TradingView reviewers like that spreads stay fixed through news releases and that costs are all in the spread.

  • TradingView integration. A large share of reviews mention trading straight from TradingView charts, and a Myfxbook reviewer says spreads are best on Trade Nation's own platform.

  • Easy sign-up. Newer clients often say opening and funding an account was quick.

Common complaints

  • Slow withdrawals. Several reviewers on Trustpilot, Forex Peace Army and BrokersView describe withdrawals marked as approved that took weeks to arrive, with support pointing at the bank or payment provider. One BrokersView case was resolved after about two months.

  • Restricted accounts and voided profits. A few reviewers, mostly with the offshore Seychelles or Bahamas entities, say accounts were restricted or profits cancelled. WikiFX also lists a complaint about a bonus that required a further deposit before withdrawal.

  • Platform issues. Some mention outages, a delay on TradingView prices, and trouble linking MetaTrader 4.

  • Clone sites. Lookalike domains flagged by regulators get mixed in with real complaints, which DayTrading.com warns about.

Recently

  • July to August 2026: BrokerChooser's July summary of public opinion lists support as the most praised theme and withdrawal delays as the most common complaint. WikiFX published a July article collecting complaints about cancelled profits and bonus terms. Trustpilot reviews from August lean positive, praising quick withdrawals and support.

Where this comes from

Verified reviews

Reviews from traders who've connected an account at Trade Nation to Chartnaut, so you know they actually traded there. Opening soon.