Nation Traders Forex Broker

Nation TradersReview Summary Founded2022 Registered Country/RegionUK RegulationNot regulated Market Instrumentsforex, precious metals, commodities, index CFDs, crypto CFDs, stock CFDs Demo Account✔ LeverageUp to 1:2000 SpreadAs low as 0.0 floating spreads Trading PlatformPC platform, Trading App Min Deposit$25 Customer SupportLive chat, contact form, phone, emailNation 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 classesNot regulated Demo accountsFunds are not protected by law Flexible leverage ratiosNo MT4/5 Tight spreadsLimited payment methods No commission on the Standard account Free deposits and withdrawalsIs 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 STANDARDPrimePro1Pro2 SpreadAs low as 1.5 floating spreadsAs low as 0.0 floating spreadsAs low as 0.1 floating spreadsAs low as 0.5 floating spreads Commission$0$8 per lot$4 per lot$3 per lotTrading Platforms Trading PlatformSupported 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) Email support@nationtraders.com Contact Form✔ Online Chat ✔ Social Media ❌ Supported Language English Physical Address23 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, AustraliaThe 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.