Score

1.46 /10
Danger

Nation FX

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Quantity 2

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Score

Regulatory Index0.00

Business Index6.64

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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40G

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Broker Information

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Company Name

NATIONFX LLC

Company Abbreviation

Nation FX

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

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Warning: Low score, please stay away! 3
Previous Detection : 2026-01-09
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 2. Please be aware of the risk and the potential scam!

WikiFX Verification

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Nation FX · Company summary
Nation FXReview Summary
Registered On2021-10-13
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex, Energy, Stocks, Cryptocurrencies, Precious Metals, Spot indices, and Futures
Demo Account
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading PlatformMT4, MT5 (Android/iOS, Desktop)
Min Deposit$100
Customer Supportsupport@nation-fx.com
+357(24)023-098
Live Chat
Driadon 1, Office 105, 6041 Larnaca, Cyprus

Nation FX Information

Nation FX is a trading broker that supports multi-language platforms. It offers contracts for difference (CFD) trading on assets such as forex, stocks, cryptocurrencies, indices, futures, metals, and energy. It is suitable for novice traders seeking low entry barriers and high leverage, as well as professional traders pursuing low spreads.

Nation FX

Pros and Cons

Pros Cons
Six asset classesUnregulated
Spread as low as 0 pipsHigher ECN account costs
Leverage up to 1:500Higher ECN account costs
MT4 and MT5 availableLimited cryptocurrency products

Is Nation FX Legit?

Nation FX is unregulated. Even though the official website claims it is an “authorized international brokerage and clearing house”, the original text does not directly disclose regulatory authorities such as the FCA, ASIC, etc.

unregulated
unregulated

What Can I Trade on Nation FX?

Nation FX offers CFDs on forex, stocks, spot indices, futures, precious metals, cryptocurrencies, and energy.

Tradable Instruments Supported
Forex
Energy
Stocks
Cryptocurrencies
Precious Metals
Spot indices
Futures
Bonds
Mutual Funds

Account Type

Nation FX offers two account types. The Classic Account is suitable for novices, small-fund traders, or those seeking low commissions. The ECN Account directly connects to liquidity providers, ensuring fast execution, making it ideal for professional traders, high-frequency traders, or those pursuing low spreads.

It should be noted that there are conflicts in the account leverage and spread data provided on the broker's official website. Traders are advised to consult customer service for specific details.

Account Type ClassicECN
SpreadFrom 1.5 pipsFrom 0.0 pips
Leverage1:5001:300
Minimum Deposit$100$200
Commossion0From $5.5
account

Nation FX Fees

Opening a Nation FX Classic Account offers forex spreads starting from 1.5 pips (e.g., EUR/USD) with no commission. In contrast, the ECN Account features spreads starting from 0 pips but charges a commission of at least $5.5 per trade.

Leverage

The Classic Account offers a maximum leverage of 1:500, suitable for amplifying returns with small funds. The ECN Account has slightly lower leverage, with a maximum of 1:300.

Trading Platform

Nation FX offers MT4/MT5 desktop versions, which can be downloaded, run as an .exe file, and then log in to the account. In addition, the MT4/MT5 mobile versions (Android/iOS) are also very convenient for traders to invest in.

Trading PlatformSupported Available Devices Suitable for
MT4Android/iOS, DesktopExperienced Traders
MT5Android/iOS, DesktopBeginners

Deposit and Withdrawal

The minimum deposit for Nation FX's Classic Account is $100, while the ECN Account requires $200. The following payment methods are supported:

Credit Cards: VISA, MasterCard

E-Wallets: Epay

Cryptocurrencies: Bitcoin, Litecoin, Ripple (XRP), etc.

minimum deposit

User Reviews

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User comment

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Comments

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FX2772688915
3-6months
I deposited funds into my account: 187739, Amount 300$ on 30th July 2025. And I have been trying to withdraw my deposit since 1st of August and they are still stuck. Nation FX keeps giving vague, repetitive excuses — “final compliance checks” and “speculation of rule violations” — without any proof or timeline. This is my initial deposit, not profit, yet they are holding it with zero transparency. Support is unhelpful and evasive. If this issue is not resolved promptly, I will escalate to the relevant financial authorities. I strongly advise caution — if a company can’t return your own money, it’s a huge red flag.
I deposited funds into my account: 187739, Amount 300$ on 30th July 2025. And I have been trying to withdraw my deposit since 1st of August and they are still stuck. Nation FX keeps giving vague, repetitive excuses — “final compliance checks” and “speculation of rule violations” — without any proof or timeline. This is my initial deposit, not profit, yet they are holding it with zero transparency. Support is unhelpful and evasive. If this issue is not resolved promptly, I will escalate to the relevant financial authorities. I strongly advise caution — if a company can’t return your own money, it’s a huge red flag.
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2025-08-14 16:59
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FX2728586185
more than one year
لايوجد دعم للعملاء ،لااستطيع سحب اموالي،لايتم الرد على الايميل
لايوجد دعم للعملاء ،لااستطيع سحب اموالي،لايتم الرد على الايميل
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2024-12-31 16:34
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