Nation Traders foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://nationtraders.com/, about the company's legal and temporary regulatory information, the company's address 23 Davidson street ManchesterM1 1AA , England..
Nation Traders Forex Broker
Basic information
United Kingdom
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Nation Traders Information
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 and Cons
| 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 |
Is Nation Traders Legit?
As of now, Nation Traders isnot regulated by any institution like FCA. Therefore, it is not safe.
What Can I Trade on Nation Traders?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Metals | ❌ |
| Cryptos | ✔ |
| ETFs | ✔ |
| Bonds | ❌ |
Account Type
Nation Traders offers Pro2, Pro1, Prime, and Standard plans with a minimum deposit of $5000, $3000, $200, and $25 respectively.
Leverage
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.
Spreads & Commissions
| 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 | $3 per lot |
Trading Platforms
| Trading Platform | Supported |
| PC platform | ✔ |
| Trading App | ✔ |
Deposit & Withdrawal
Nation Traders accepts Visa, MasterCard, Visa electron, American express and Maestro. Supported currencies include MYR, THB, IDR, USD, and SGD. No fees for deposits and withdrawals. All deposits are said to be instant, while all withdrawals can be processed within 24 hours.
Customer Service
| Contact Options | Details |
| Phone | +447459585436(England) |
| +19055247259 (Canada) | |
| +64 22 845 517 (New Zealand) | |
| +61 2 6248 9776 (Australia) | |
| support@nationtraders.com | |
| Contact Form | ✔ |
| Online Chat | ✔ |
| Social Media | ❌ |
| Supported Language | English |
| Physical Address | 23 Davidson Street Manchester M1 1AA, England. |
| 105 Main Street E., Suite 1400 Hamilton ON L8N 1G6 Canada. | |
| Fujitsu Tower 141 The Terrance, Wellington Central, Wellington 6011, New Zealand | |
| 18 Mort St, Canberra ACT 2601, Australia |
The Bottom Line
In conclusion, Nation Traders is a forex trader who offers many class assets. Nevertheless, it is not suitable for trading due to its unregulated status.
FAQs
Is Nation Traders safe?
No. It has no regulation.
Is Nation Traders good for day trading?
No.
Is Nation Traders good for beginners?
Yes, It offers risky-free demo accounts, but it is not recommended for traders to open a real account because it is unregulated currently.
Rating Index
VIP Plan
Pro Plan
Nation Traders Similarly Rated Brokers
Latest Reviews
ranjith18
India
nation traders biggest scam of all countries my money lots of loss in 2000 dollar in my money loss no response for nation traders unable to withdraw
Exposure
2024-08-13
sankar931
India
no one investment this company it's fake trading app I invest my 2500$ loss no money back
Exposure
2024-07-20
kumar4338
India
I have 1500 dollar in nation traders company but no withdrawal is beware of nation traders company
Exposure
2024-08-14