Trade Nation Mobile Trading App Review
The Trade Nation mobile trading app is available for download at the Google Play store and the Appstore for free. Traders who want to take their trading on the go can grab it and install it within a couple of minutes. The Android-based version of the app delivers a handy demo version traders can use to assess its capabilities without making a real money deposit.
What Functionalities Does the Trade Nation Mobile App Offer You?
The newest version of the Trade Nation Android app works on mobile phones and tablets operating on this platform. It allows traders to control their accounts while on the go. Traders who use the Android app can trade any currency pairs that brokerages operating on the Trade Nation platform offer.
The app is free and takes around a couple of minutes to install. If you download the Trade Nation Android app from the Google Play store, here’s what you get for your efforts:
- A good selection of financial instruments with real-time quotes
- The ability to place a variety of orders, including pending orders
- Stop losses and take profits for every order
- A comprehensive trading history
- Many types of execution modes
Visually, the app doesn’t stand out. It features a standard interface with intuitive and easy-to-use controls. Setting up the parameters of a trade only takes a few seconds and touches even on phones with smaller screens.
Having placed an order, traders can delete it or amend it through a couple of clicks. Closing an open position is similarly simple. The app dashboard features only the popular trading instruments. Traders can use the plus sign in the upper right corner to browse and trade other markets or instruments.
Asset Classes
Trade Nation offers a diverse array of asset classes available for trading, thoughtfully categorized and presented for easy comprehension.
The Popular Markets section comprises assets that are frequently traded by the broker’s clients.
The indices section provides an extensive selection of US, European, Asian, and global indices, along with differentials.
In the FX section, notable pairs like EURXXX, USDXXX, and GBPXXX are highlighted, alongside a considerable number of minor and exotic pairs.
The selection of shares is exceptionally vast, encompassing UK, European, and US shares, as well as US minis and FAANGS. Traders have access to hundreds of shares for trading.
Moreover, the broker also covers a broad range of bonds, energies, and metals. This section goes beyond the usual offerings, featuring assets such as aluminum, zinc, lead, and nickel, in addition to the traditional gold and silver.
Overall, Trade Nation provides a comprehensive and abundant range of tradable assets, catering to various trading preferences.
To pin an asset to the dashboard, traders can click the star next to it.
The spreads are fixed and tight across all featured markets.
The iOS version of the app prides itself on allowing traders to go about their business without noise. By noise, Trade Nation understands republished news feeds, expert opinions, trading tutorials, and various marketing gimmicks. In addition to its simplicity, the Trade Nation iOS app also features “razor-thin” spreads across the markets it supports.
Trade Nation is an FCA-regulated entity. Those who deposit money with it can rest assured that their funds are safe and guaranteed. FCA regulation means that the broker keeps traders’ funds in segregated accounts.
Unlike most of its competitors, Trade Nation gives its traders credit. Those approved for credit are not required to cover every trade with cash.
What Do Traders Like and Dislike About the Trade Nation Mobile Apps?
The Android version of the app is not a fan favourite. It has been downloaded more than 10,000 times, but it’s only earned a rating of 2.6 stars out of 5.
The majority of the reviews users have left on it are negative. That said, there are many positive reviews as well.
- Some traders have to reinstall the app every time they want to log in, following the latest update.
- Some complain that the app freezes when they try to close trades.
- Others have had problems with their deposits. The platform has rejected deposits while deducting the money from bank accounts and leaving it in limbo.
- Login problems have surfaced since the last update.
- Some users have complained about lag.
- The app seems to shut down randomly for some users.
- Some of these problems aren’t confined to the Android version only. They seem to affect the iOS version as well.
What do users like about the Trade Nation app? The iOS version seems to be more popular, having accrued a higher rating of 4.7 stars out of 5.
- Some traders love the “razor-thin” spreads the platform gives them.
- Others appreciate the simplicity and speed of the sign-up process.
- Some traders have pointed out the simplicity and functionality of the mobile platforms.
- Ease of use is another factor users appreciate about the Trade Nation mobile apps.
- Many users only mention that this is the best mobile app they have ever used without going into specifics about what they like in it.
From our perspective, the Trade Nation mobile app is easy to download, install, and use. Its charting features are what one would expect from a modern mobile trading app. The apps lack the bells and whistles of learn-to-trade tutorials and talking heads, but that is a plus for many traders.
