About TRADEDIRECT365
Who is Trade Nation?
Trade Nation, operated by Trade Nation Australia Pty Ltd, is an Australian-based brokerage firm registered in 2018 (as per corporate records). The company is located at Level 17, 123 Pitt Street, Sydney, NSW 2000, Australia. Its official website is tradenation.com.
Despite its relative youth in registration, the broker markets itself as having industry experience since 2014. The broker is regulated by the Australian Securities and Investments Commission (ASIC), though aggregated industry data flags its ASIC status as 'Suspicious Clone', indicating potential concerns about regulatory compliance. As of the time of this review, no independent user reviews are available on major platforms.
Regulation and Safety
Trade Nation holds an ASIC licence for market making. However, industry databases have labelled this licence as a 'Suspicious Clone', raising questions about the legitimacy of the regulatory standing. FXCanary's Scam Risk Score for Trade Nation is 38 out of 100, classified as 'Guarded'. This score reflects the unresolved regulatory ambiguity and the absence of verifiable user feedback.
Traders are advised to exercise caution and conduct thorough due diligence before committing funds. The broker does not appear to hold additional licences from other major regulators such as the FCA or CySEC, which may further limit client protection options.
Trading Platforms and Instruments
Trade Nation provides two primary trading platforms: its proprietary TN Trader and the widely recognised TradingView platform. TN Trader is designed for both novice and experienced traders, offering fixed spreads and a range of analytical tools. TradingView integration allows access to advanced charting and a large community of traders.
The broker offers over 1,000 trading instruments across forex, indices, commodities, and stocks. Clients can trade via CFDs or spread bets, with leverage available up to 30:1 (subject to jurisdictional limits). Fixed spreads are highlighted as a key feature, along with an option for variable spreads on commodity markets.
Account Types and Funding
Trade Nation offers a single account type with access to all platforms and instruments. The minimum deposit is $1 USD for credit card and digital wallet deposits, making it highly accessible. Cryptocurrency deposits require a minimum of $30 USD. Withdrawals start at 50 in any currency.
Funding methods include credit cards (Visa, Mastercard), digital wallets (Skrill, Neteller), and cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.). The broker claims to cover all deposit fees. No account tiers or bonuses are evident from the website.
Costs and Fees
The broker's primary cost is the spread, which is fixed on most instruments for TN Trader and TradingView. Overnight financing fees apply to positions held beyond a day. Trade Nation provides a 'Spread Saver' tool to compare its spreads with other brokers. There are no commission charges on trades, and no hidden fees are advertised.
Margin calls occur at 50% margin level, and negative balance protection is offered (likely for UK clients under FCA rules, but ASIC does not mandate it). Guaranteed stop-loss orders are available at an additional cost.
Customer Support and Education
Trade Nation provides customer support via email, phone, and live chat. The website includes a legal hub with documents such as client agreements, complaints policies, and risk disclosures. Educational resources appear limited to daily market updates and trading signals on the platform.
The broker also maintains a presence on social media and offers a blog or news feed. However, no dedicated educational course or webinar library is prominently featured.
Overview compiled by FXCanary from regulatory records and public data. full TRADEDIRECT365 review