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Trade Nation regulation & licences

Spread betting & CFD provider Founded 2014 🇬🇧 United Kingdom

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Licences on record 5

1 Tier 1 — top-tier regulation

ASICAustralian Securities & Investments Commission🇦🇺 Australia
Reference: check the register
Compensation: No statutory compensation fund for OTC derivatives; complaints go to AFCANegative balance protection: Required for retail clients
FCAFinancial Conduct Authority🇬🇧 United Kingdom
Reference: check the register
Compensation: FSCS — up to £85,000 per eligible client per firmNegative balance protection: Required for retail clients

2 Tier 2 — strong regulation

FSCAFinancial Sector Conduct Authority🇿🇦 South Africa
Reference: check the register
Compensation: No compensation scheme; FAIS Ombud handles complaintsNegative balance protection: Not a regulatory requirement

3 Tier 3 — moderate regulation

SCBSecurities Commission of The Bahamas🇧🇸 Bahamas
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not a regulatory requirement

4 Tier 4 — light / offshore

FSA (Seychelles)Financial Services Authority Seychelles🇸🇨 Seychelles
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not a regulatory requirement

Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.

Regulatory profile

Trade Nation is a spread betting & CFD provider founded in 2014 and headquartered in United Kingdom.

In our database Trade Nation is matched to 5 licences from ASIC, FCA, FSCA, SCB and FSA (Seychelles). The strongest of these, the ASIC (Australia) and the FCA (United Kingdom) are among the regulators we classify as tier 1 — regulators known for demanding capital and client-money standards and active enforcement.

Like many international brands, Trade Nation combines onshore and offshore entities. Clients in the UK, EU or other markets where it holds a strong licence are usually onboarded there, while clients elsewhere may be placed with its SCB-licensed company or its FSA (Seychelles)-licensed company. The protections differ substantially, so check which company is named in your client agreement.

Depending on the entity, eligible clients may be covered by FSCS (FCA). Negative balance protection is mandatory for retail clients under ASIC and FCA rules. Retail leverage caps apply at the ASIC and FCA-regulated entities (for example 30:1 on major FX pairs at ASIC).

Trade Nation supports its own proprietary platform, MT4 and TradingView. The advertised minimum deposit starts at zero (no minimum) — minimums often vary by account type and entity.

Regulatory strengths

  • Licensed by 2 tier-1 regulators (ASIC and FCA)
  • Compensation scheme available at FCA entity
  • Negative balance protection required at some entities

Points to check

  • International clients may be onboarded to offshore entities (SCB and FSA (Seychelles))

Protection by entity

RegulatorCompensationRetail leverageNegative balance protectionDisputes
1 ASICNo statutory compensation fund for OTC derivatives; complaints go to AFCA30:1 on major FX pairs for retail clients since March 2021Required for retail clientsAustralian Financial Complaints Authority (AFCA)
1 FCAFSCS — up to £85,000 per eligible client per firm30:1 on major FX pairs for retail clients (20:1 minors, gold and major indices)Required for retail clientsFinancial Ombudsman Service (FOS)
2 FSCANo compensation scheme; FAIS Ombud handles complaintsNo statutory retail leverage capNot a regulatory requirementFAIS Ombud
3 SCBNo compensation schemeNo statutory capNot a regulatory requirementSCB
4 FSA (Seychelles)No compensation schemeNo statutory capNot a regulatory requirementFSA Seychelles

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Trade Nation regulation FAQ

Is Trade Nation regulated?

Yes — in our database Trade Nation is matched to 5 licences: ASIC (Australia), FCA (United Kingdom), FSCA (South Africa), SCB (Bahamas) and FSA (Seychelles) (Seychelles). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.

Is Trade Nation a tier-1 regulated broker?

Trade Nation holds 2 licences from regulators we classify as tier 1: ASIC and FCA.

Does Trade Nation accept US clients?

Trade Nation is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so Trade Nation generally cannot accept US retail forex clients.

Is my money protected with Trade Nation?

Clients of Trade Nation's FCA-regulated entity may be eligible for statutory compensation (FSCS — up to £85,000 per eligible client per firm). Clients of other entities rely on segregation of funds and the firm's financial strength.

What is the minimum deposit at Trade Nation?

Trade Nation advertises no fixed minimum deposit on its standard account, although some account types, payment methods or entities may require one.

How can I verify Trade Nation's licence?

Find the company name and licence number in Trade Nation's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.

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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.