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Trade Nation

74,1% of retail CFD accounts lose money.
Documentation

Our Ranking. #2

Our ranking is based on the total cost score, which reflects the Bid-Ask spreads. The lower the ranking, the cheaper the broker, meaning lower costs.
United States
Not available in United States

Updated: July 2025

Regulated
Negative Balance Protection
Fixed Spreads
Copy Trading
Academy
Home-Grown Platform
1:30 Leverage

Ranking

Trade Nation ranks number 2 on TraderGuide’s ranking list. The ranking list is based on the cost of trading with Trade Nation, in the 16 most commonly traded instruments globally.

What you need to know about Trade Nation

Trade Nation (formerly Core Spreads) was founded in 2014 and has quickly built a global footprint with licenses from reputable regulators including the FCA (UK), ASIC (Australia), FSCA (South Africa), SCB (Bahamas), and FSA (Seychelles).

The broker offers negative balance protection, segregated client funds, and operates both the proprietary TN Trader platform with fixed spreads and MetaTrader 4 with variable pricing, providing flexibility for different trading styles.

What do we like about Trade Nation?

Trading with Trade Nation feels refreshingly transparent from the outset. The fixed spreads—just 0.20 pips on EUR/USD and 0.60 on GBP/USD—are some of the tightest we've come across in our broker testing. It's rare to see fixed pricing this low, and it gives Trade Nation a clear edge when it comes to cost transparency and predictability—especially for traders who want to avoid the uncertainty of spread fluctuations during volatile market hours.

Their proprietary TN Trader platform is exceptionally user-friendly, built for easy navigation with clean charts and simple trade entry, while MT4 is available for those who need advanced tools or automated strategies.

Account setup is smooth, with no minimum deposit or inactivity fees, and they support fee-free deposits and withdrawals. Support—available 24/5 via live chat, phone, and email—proves responsive and helpful in our testing, reinforcing that customer service is a priority. The pricing model and platform simplicity make Trade Nation especially suitable for both beginners and those looking for straightforward, fixed‑cost trading.

What concerns us about Trade Nation?

Trade Nation is a clean, well-built platform, but it does lean toward simplicity—sometimes at the expense of depth. During our testing, we found the platform lacked some of the advanced features and research tools that more experienced traders might expect.

There’s no support for third-party integrations like MetaTrader, and technical analysis tools are fairly basic. For traders who rely heavily on charting flexibility, automated trading, or deeper analytics, this could feel limiting. That said, for those who prefer a straightforward experience without distractions, it’s still a strong, no-fuss option.

Should you trade with Trade Nation?

Yes—if transparent fixed spreads, zero non-trading fees, and simple, clean trading tools are important to you, Trade Nation ranks high on TraderGuide’s list. Their fixed pricing model simplifies cost planning—it’s not just a marketing hook; these are genuinely some of the most competitive fixed spreads we’ve come across, and their interface is ideal for traders who prefer clarity over complexity.

That said, if your strategy depends on ultra-tight variable spreads, deep technical analysis tools, or advanced platform customisation, you may want to explore other top-rated brokers on TraderGuide. Trade Nation keeps it simple—and for many, that’s exactly the appeal.

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Across United States

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Bid – Ask Spreads

Total Score = 18.39
The total cost score is calculated by adding the Bid-Ask spreads of these 16 instruments. A lower score means lower costs, representing a cheaper broker.
Indices

FTSE : 0.90

DAX : 0.80

CAC : 1.10

NASDAQ : 1.50

DOW JONES : 1.30

SP500 : 0.39

Total: 5.99
Forex

EUR/USD : 0.20

GBP/USD : 0.60

USD/JPY : 0.60

EUR/JPY : 0.60

USD/CHF : 0.80

AUD/USD : 0.50

USD/CAD : 0.40

Total: 3.70
Commods

US CRUDE : 3.60

GOLD : 1.70

SILVER : 3.40

Total: 8.70

Compare. Decide. Maximize.