Change instrument, lot size, and hold duration. Compare Trade Nation against all 100 brokers live.
Trade Nation is a forex and CFD broker founded in 2014, headquartered in London, UK. It is regulated by FCA (licence 525164), ASIC (licence 422661), FSCA (licence 49846), SCB (licence SIA-F216). The EUR/USD spread starts from 0.6 pips on an STP or hybrid account — the spread is tight and a partial commission may apply. The minimum deposit is $0. The broker offers 1,000+ tradable instruments. MetaTrader 4 and MetaTrader 5 are available. This page shows verified regulation data, a full trade cost breakdown, and how Trade Nation compares to 100 other brokers on real trading fees.
| Regulator | Licence number | Legal entity | Max leverage | Countries |
|---|---|---|---|---|
| FCA Tier 1 — Strict |
525164 |
Trade Nation Ltd | 30:1 | GB |
| ASIC Tier 1 — Strict |
422661 |
Trade Nation Financial Pty Ltd | 30:1 | AU, NZ |
| FSCA Tier 2 — Standard |
49846 |
Trade Nation SA Pty Ltd | 400:1 | ZA |
| SCB Tier 3 — Offshore |
SIA-F216 |
Trade Nation Ltd (Bahamas) | 500:1 | IL, ZA, AE, SA, IN, NG, KE, EG, BR, MX +22 more |
| Hold duration | Spread cost | Commission | Swap (est.) | Total |
|---|---|---|---|---|
| Intraday (no overnight) | $6.00 | $3.50 | — | $9.50 |
| 1 night | $6.00 | $3.50 | $6.50 | $16.00 |
| 3 nights | $6.00 | $3.50 | $19.50 | $29.00 |
| 1 week | $6.00 | $3.50 | $45.50 | $55.00 |
| 1 month | $6.00 | $3.50 | $195.00 | $204.50 |
Swap rates are industry-typical estimates. Actual overnight rates vary per broker and change with interest rates. Commission is estimated from spread profile (STP / Hybrid).
| Rank | Broker | Spread | Spread $ | Commission | Swap (est.) | Total |
|---|---|---|---|---|---|---|
| 1 | Pepperstone | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 2 | IC Markets | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 3 | FP Markets | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 4 | Exness | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 5 | Tickmill | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 6 | Eightcap | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 7 | RoboForex | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 8 | LiteFinance | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 65 | Trade Nation | 0.6 pips | $6.00 | $3.50 | $6.50 | $16.00 |
| MetaTrader | MT4 & MT5 available |
| Copy trading | No |
| Real stock ownership | No (CFD only) |
| Retail loss rate | 76% of retail accounts lose money |
| Headquarters | London, UK |
| Founded | 2014 |
Data sourced from official regulator registers (FCA, ASIC, CySEC, MAS and others), verified 2026-09-15. Spread figures are typical/minimum and may differ on live accounts. Trade cost estimates use standard lot sizes and typical industry swap rates. This page does not constitute financial advice. Read full Trade Nation review →