Trade Nation
Pros
- No commissions on most instruments
- No deposit or withdrawal fees
- No inactivity fee
- Fixed spreads available on major forex and indices
- Regulated by FCA and ASIC - top-tier authorities
- Spread betting available for UK and Ireland residents
- Free demo account with no registration required
- Three trading platforms including TradingView integration
Cons
- Fixed spreads only guaranteed during standard market hours
- No MetaTrader 5 support
- Crypto trading restricted to Bahamas (SCB) entity - fewer protections
- Loyalty cashback scheme unavailable to FCA and ASIC clients
- Relatively limited stock selection compared to multi-asset brokers
- Minimum withdrawal of GBP/USD/AUD 50