Nation FX
Abstract：Nation FX is a trading broker that supports multi-language platforms. It offers contracts for difference (CFD) trading on assets such as forex, stocks, cryptocurrencies, indices, futures, metals, and energy. It is suitable for novice traders seeking low entry barriers and high leverage, as well as professional traders pursuing low spreads.
| Nation FXReview Summary | |
| Registered On | 2021-10-13 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex, Energy, Stocks, Cryptocurrencies, Precious Metals, Spot indices, and Futures |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | From 0.0 pips |
| Trading Platform | MT4, MT5 (Android/iOS, Desktop) |
| Min Deposit | $100 |
| Customer Support | support@nation-fx.com |
| +357(24)023-098 | |
| Live Chat | |
| Driadon 1, Office 105, 6041 Larnaca, Cyprus | |
Nation FX Information
Nation FX is a trading broker that supports multi-language platforms. It offers contracts for difference (CFD) trading on assets such as forex, stocks, cryptocurrencies, indices, futures, metals, and energy. It is suitable for novice traders seeking low entry barriers and high leverage, as well as professional traders pursuing low spreads.
Pros and Cons
| Pros | Cons |
| Six asset classes | Unregulated |
| Spread as low as 0 pips | Higher ECN account costs |
| Leverage up to 1:500 | Higher ECN account costs |
| MT4 and MT5 available | Limited cryptocurrency products |
Is Nation FX Legit?
Nation FX is unregulated. Even though the official website claims it is an “authorized international brokerage and clearing house”, the original text does not directly disclose regulatory authorities such as the FCA, ASIC, etc.
What Can I Trade on Nation FX?
Nation FX offers CFDs on forex, stocks, spot indices, futures, precious metals, cryptocurrencies, and energy.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Energy | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Precious Metals | ✔ |
| Spot indices | ✔ |
| Futures | ✔ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
Nation FX offers two account types. The Classic Account is suitable for novices, small-fund traders, or those seeking low commissions. The ECN Account directly connects to liquidity providers, ensuring fast execution, making it ideal for professional traders, high-frequency traders, or those pursuing low spreads.
It should be noted that there are conflicts in the account leverage and spread data provided on the broker's official website. Traders are advised to consult customer service for specific details.
| Account Type | Classic | ECN |
| Spread | From 1.5 pips | From 0.0 pips |
| Leverage | 1:500 | 1:300 |
| Minimum Deposit | $100 | $200 |
| Commossion | 0 | From $5.5 |
Nation FX Fees
Opening a Nation FX Classic Account offers forex spreads starting from 1.5 pips (e.g., EUR/USD) with no commission. In contrast, the ECN Account features spreads starting from 0 pips but charges a commission of at least $5.5 per trade.
Leverage
The Classic Account offers a maximum leverage of 1:500, suitable for amplifying returns with small funds. The ECN Account has slightly lower leverage, with a maximum of 1:300.
Trading Platform
Nation FX offers MT4/MT5 desktop versions, which can be downloaded, run as an .exe file, and then log in to the account. In addition, the MT4/MT5 mobile versions (Android/iOS) are also very convenient for traders to invest in.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Android/iOS, Desktop | Experienced Traders |
| MT5 | ✔ | Android/iOS, Desktop | Beginners |
Deposit and Withdrawal
The minimum deposit for Nation FX's Classic Account is $100, while the ECN Account requires $200. The following payment methods are supported:
Credit Cards: VISA, MasterCard
E-Wallets: Epay
Cryptocurrencies: Bitcoin, Litecoin, Ripple (XRP), etc.
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