United KingdomRegulationFCA, ASIC, FSCA, SCB, FSA(SC)
Min. deposit$0
Leverage1:1 – 1:200
PlatformsTN Trader, MT4, TradingView
InstrumentsForex, CFDs & spread betting
Founded2014
🏛️ Which entity will open your account?
📍 Pick your country above and we'll tell you exactly which entity opens your account at Trade Nation.
How is this decided and how do I verify it? →Regulation by region
The entity you sign with — and your protection — changes depending on where you live.
United Kingdom
FCA regulated + FSCSMarket maker
Trade Nation Financial UK Ltd (FRN 525164) — FSCS £85,000 + negative balanceEuropean Union
Via offshore (Bahamas)Market maker
EU residents under Bahamas entity (SCB SIA-F216) — no FSCS or ICFUnited States
Not served
USA on the restricted listAustralia
ASIC regulatedMarket maker
Trade Nation Australia Pty Ltd (AFSL 422661) — no compensation scheme, segregated fundsRest of the world
Offshore (Bahamas/Seychelles)Market maker
SCB Bahamas (SIA-F216) and FSA Seychelles (SD150) — no compensationAll licenses
Every regulator where the group holds a license, with its execution model. The entity that applies to you depends on your country (see above).
Account types
SpreadUK spread betting, fixed spreads, zero commission, tax-free in the UK
CFDCFDs on FX/indices/commodities/stocks/bonds, fixed spreads
MetaTrader 4same instruments, variable spreads
Pros
✓Transparent operation
✓Good reputation
✓Competitive costs
Cons
✗Outside your region, offshore entity
Breakdown by axis
The total score (out of 100) is the sum of the 7 axes, with the same yardstick for everyone. Below each one, the rationale with its source.
Regulation: Tier-1 + offshore14/22 pts
Why: FCA 525164 + ASIC 422661 + FSCA; rest of the world via Bahamas SCB SIA-F216 / Seychelles = offshore
Withdrawals / payments: Isolated complaints10/20 pts
Why: mostly clean, fast withdrawals (sometimes <1h) with no fee; a minority of delays; no pattern of denial
Fund safety: Segregated (no compensation)8/15 pts
Why: segregated + negative balance; FSCS GBP85k FCA entity ONLY; offshore no compensation
Transparency: Clear10/10 pts
Why: no fines; only FCA warnings about clones impersonating it
Reputation: Strong10/10 pts
Why: founded 2014 (ex Core Spreads); Trustpilot ~4.4 (~1,900 reviews)
Costs: Competitive8/8 pts
Why: FIXED spread EURUSD 0.6 / gold ~3 pts, no commission; min $0
Sources
Don't take our word for it — check it yourself. These are the official registries and legal pages we relied on.
🔗 FCA registration — Trade Nation Financial UK (FRN 525164)🔗 SCB Bahamas registration — licensees (SIA-F216)🔗 Trade Nation — legal hub (all entities)Trader reviews
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