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Nation FX Forex Broker keeps up-to-date with the latest trading account information, including Rawspread, Classic maximum leverage of 1:500, trading varieties, and more
Rating Index
Pros
Regulated by ASIC and other authorities, providing a level of oversight.
Offers a variety of financial instruments, including forex, commodities, and cryptocurrencies.
Competitive spreads and no commissions on trades.
Cons
Poor customer service with reports of unresponsiveness and difficulty in fund withdrawals.
Not regulated in all countries it operates, raising concerns about transparency.
Limited payment options, as bank transfers and credit/debit cards are not accepted, which may complicate disputes.
Nation FX broker Accounts
Rawspread
Environment
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Currency
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Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$200
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
up to 15 USD
Products
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Classic
Environment
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Currency
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Maximum Leverage
1:300
SupportedEA
Minimum Deposit
$100
Minimum Spread
From 0.0
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
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Nation FX Account Type
Nation FX offers two main types of trading accounts designed to cater to different trading preferences and risk appetites:
- Raw Spread Account
- Minimum Deposit: $200
- Spreads: From 0.0 pips
- Leverage: Up to 1:300
- Commission: Up to $15 per lot traded
- Trading Instruments: Forex, CFDs on stocks, indices, commodities, futures, metals, and energies
- Execution: Market execution
- Minimum Trade Size: 0.01 lots
- Maximum Total Trade Size: 1000 standard lots
- Max Simultaneous Open Orders: 1000
- Margin Call / Stop Out Level: 100% / 20%
- Account Currency: USD
- Classic Account
- Minimum Deposit: $100
- Spreads: Starting from 0.0 pips (though often exceeds 1.6 based on user reviews)
- Leverage: Up to 1:300
- Commission: $0
- Trading Instruments: Similar to the Raw Spread account
- Execution: Market execution
- Minimum Trade Size: 0.01 lots
- Maximum Total Trade Size: 1000 standard lots
- Max Simultaneous Open Orders: 1000
- Margin Call / Stop Out Level: 100% / 20%
- Account Currency: USD
- Visit the Website: Navigate to the Nation FX brokerage website at nation-fx.com.
- Account Registration: Click on the “Start Trading Now” button on the homepage.
- Provide Personal Information: Fill out the registration form with your full name, email address, phone number, and country of residence.
- Choose Account Type: Select the type of account you wish to open (Raw Spread or Classic) and review the details to ensure it aligns with your trading preferences.
- Verify Identity: Complete the Know Your Customer (KYC) process, which may involve submitting a government-issued ID and proof of address.
- Minimum Deposit: Fund your account with the required minimum deposit ($200 for Raw Spread and $100 for Classic).
Nation FX Broker Account Opening Process
Opening a trading account with Nation FX involves a straightforward process:
For more detailed information, please refer to the sources:
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