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Score
United Kingdom
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 3
Exposure
Score
Regulatory Index0.00
Business Index5.48
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Nation Traders Limited
Company Abbreviation
Nation Traders
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
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 was founded in 2022 and registered in the UK. Nation Traders trades many trading products. However, it has no effective regulatory information.
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 |
As of now, Nation Traders isnot regulated by any institution like FCA. Therefore, it is not safe.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Metals | ❌ |
Cryptos | ✔ |
ETFs | ✔ |
Bonds | ❌ |
Nation Traders offers Pro2, Pro1, Prime, and Standard plans with a minimum deposit of $5000, $3000, $200, and $25 respectively.
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.
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 Platform | Supported |
PC platform | ✔ |
Trading App | ✔ |
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.
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 |
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.
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.
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