Forex Nation Forex Broker

Forex Nation Review Summary Founded2013 Registered Country/RegionUnited Kingdom RegulationNo regulation Market InstrumentsForex, CFDs, derivatives Demo Account/ LeverageUp to 1:500 SpreadFrom 0.0 pips Trading PlatformMT4 Minimum Deposit/ Customer SupportEmail: clientsupport@forexnation.orgForex Nation Information Forex Nation is a broker based in the UK and legally set up as a Community Interest Company (CIC). This means that it has to give at least 65% of its profits to microcredit programs and charities. The broker works with Key To Markets (KTM) as its execution provider. They claims to offer ECN access with tight spreads from 0.0 pips and commissions of 0.4 USD/0.3 EUR per 10,000 units traded. You can trade micro-lots starting at 0.01 lots and use leverage up to 1:500. Forex Nation focuses on mission-driven financial services and reinvesting in social change through microcredit projects.Pros and Cons ProsCons MT4 platformNo regulation Commission fee charged No info on deposit and withdrawal No direct contact channelIs Forex Nation Legit? Forex Nation is unregulated. It does not have a direct financial services license, so users need to be cautious about it.What Can I Trade on Forex Nation? Tradable InstrumentsSupported Forex ✔ CFDs✔ Derivatives✔ Bonds❌ Options❌ ETFs❌Leverage Forex Nation offers leverage up to 1:500. Please note that high leverage can amplify not only profits but also losses.Fees Forex Nation claims to offer spread from 0.0 pips and $0.4/€0.3 commission per 10K.Trading Platform Trading PlatformSupportedAvailable DevicesSuitable for MT4 ✔Windows, Mac, iOS, AndroidBeginners MT5❌/Experienced traders