Popular CFDs broker Trade Nation has been on a streak of positive development and collaborations in the past months. The platform, established in 2014, is regulated by globally recognized entities such as FSA, FCA, ASIC, SCB, and the FSCA.
Trade Nation’s Collaboration with Sports Entities
The past few months played a crucial role in shaping it into a community-first platform. One major partnership that contributed to this community-centric image was the recent deal with the English football club Aston Villa.
Last year, Trade Nation signed an agreement to become the official sleeve and trading partner of Aston Villa. This partnership ensures that Trade Nation’s company logo will appear on all first-team shirts and adult retail shirts that fans may purchase.
Aston Villa presently competes in both the English Premier League, the nation’s foremost football division, and the European Conference League. Their participation in the European Conference League provides Trade Nation with access to a wider base of potential users in Europe.
The broker has also taken measures to reach grassroots levels through its Trade Nation Invitation Scheme. As the principal partner of Somerset Cricket Club, their involvement in this scheme includes donating tickets to cricket matches, allowing the local community the chance to enjoy sports, all while contributing to its growing popularity.
TradeCopier – Trade Nation’s Copy Trading Product Launched
Product developments and regulatory announcements have all been positive and consistent for the UK-based company as well. In November, it launched TradeCopier, which aims to create a community of global traders, providing a platform for learning and automatically copying trades for potential profits.
According to Trade Nation, this can be an excellent way for not just beginners but also seasoned traders to enhance their trading skills. Essentially, users can copy trades made by experts, potentially earning good returns for those still learning while allowing experts to earn commissions through copy fees.
The platform includes a chat functionality for active community participation. With built-in risk management tools, users can set parameters for their risk appetite, allocate funds for trades, adjust lot sizes, etc. The copy trading app also features a leaderboard, showcasing high-profit traders at the top. This visibility attracts more copy traders, ultimately leading to higher earnings through copy fees for featured traders.
TradeCopier will be available in three jurisdictions initially – Trade Nation’s Seychelles, Bahamas, and Australian entities – note that it won’t be available to clients in the UK.
Competitive Pricing, Superior Trading Dashboards and Licensing
It offers an industry-competitive fee structure as well. Traders can bet UK shares at a spread of 5 basis points per point. European shares are slightly more expensive at 10 basis points per point. US shares can be traded starting at $0.02 per point. Trade Nation also allows traders to spread bets on commodities.
It boasts a proprietary trading platform, TN Trader, but also supports MT4, all of which charge 0% commission. With low spreads varying depending on the market and several other recent upgrades to the website, the platform’s growth has been evident in the past months. The latest addition to its licenses includes the Seychelles’ FSA license, expanding the company’s prominence from Western markets to gaining popularity in the Asian market.
Financial Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.