Nation Trade has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Nation Trade seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Good mobile app|Segregated accounts|Risk management tools|Stable platform
Cons: Nothing significant|Would like more payment methods
The only good thing about Nation Trade is that they remind you why regulation matters. I found them after a friend recommended them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Economic calendar|Copy trading available|Competitive fees|Good mobile app
Cons: Onboarding videos are outdated
My withdrawal request from Nation Trade has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Good mobile app|Fast support response
Cons: Limited social trading features
Opened my account with Nation Trade after seeing their ad online and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Risk management tools|Excellent charting|Personal attention
Cons: Wish they had more educational resources|Currency conversion fee exists
I closed a profitable position at Nation Trade and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Professional team|Good mobile app
Cons: Desktop app not available on Linux
Nation Trade locked my account without warning and demanded documents I had already submitted. for roughly four months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Fast deposits|Easy to use platform|Great customer service
Cons: Withdrawal takes 1-2 business days|Some tools only available on higher tiers
The onboarding at Nation Trade was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Dedicated account manager|Comprehensive tools|Wide product range|Excellent charting
Cons: No dark mode on mobile|Slow to add new assets
Nation Trade had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Clear documentation|Multiple order types
Cons: Limited ETF selection|Inactivity fee applies after 12 months
Several red flags with Nation Trade: (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Unauthorized firm|Found in IOSCO warnings database
I lost a significant amount because Nation Trade did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Economic calendar|Full transparency|Risk management tools
Cons: No integrated tax optimization