Score
Saint Vincent and the Grenadines
|
2-5 years
| https://nation-fx.com/
Website
Rating Index
LicensesLicensed Entity：NATION FX PTY LTD
License No. 001304800
Saint Vincent and the Grenadines
nation-fx.com Romania
VIP is not activated.
| Nation FXReview Summary | |
| Registered On | 2021-10-13 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex, Energy, Stocks, Cryptocurrencies, Precious Metals, Spot indices, and Futures |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | From 0.0 pips |
| Trading Platform | MT4, MT5 (Android/iOS, Desktop) |
| Min Deposit | $100 |
| Customer Support | support@nation-fx.com |
| +357(24)023-098 | |
| Live Chat | |
| Driadon 1, Office 105, 6041 Larnaca, Cyprus | |
Nation FX is a trading broker that supports multi-language platforms. It offers contracts for difference (CFD) trading on assets such as forex, stocks, cryptocurrencies, indices, futures, metals, and energy. It is suitable for novice traders seeking low entry barriers and high leverage, as well as professional traders pursuing low spreads.
| Pros | Cons |
| Six asset classes | Unregulated |
| Spread as low as 0 pips | Higher ECN account costs |
| Leverage up to 1:500 | Higher ECN account costs |
| MT4 and MT5 available | Limited cryptocurrency products |
Nation FX is unregulated. Even though the official website claims it is an “authorized international brokerage and clearing house”, the original text does not directly disclose regulatory authorities such as the FCA, ASIC, etc.
Nation FX offers CFDs on forex, stocks, spot indices, futures, precious metals, cryptocurrencies, and energy.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Energy | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Precious Metals | ✔ |
| Spot indices | ✔ |
| Futures | ✔ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Nation FX offers two account types. The Classic Account is suitable for novices, small-fund traders, or those seeking low commissions. The ECN Account directly connects to liquidity providers, ensuring fast execution, making it ideal for professional traders, high-frequency traders, or those pursuing low spreads.
It should be noted that there are conflicts in the account leverage and spread data provided on the broker's official website. Traders are advised to consult customer service for specific details.
| Account Type | Classic | ECN |
| Spread | From 1.5 pips | From 0.0 pips |
| Leverage | 1:500 | 1:300 |
| Minimum Deposit | $100 | $200 |
| Commossion | 0 | From $5.5 |
Opening a Nation FX Classic Account offers forex spreads starting from 1.5 pips (e.g., EUR/USD) with no commission. In contrast, the ECN Account features spreads starting from 0 pips but charges a commission of at least $5.5 per trade.
The Classic Account offers a maximum leverage of 1:500, suitable for amplifying returns with small funds. The ECN Account has slightly lower leverage, with a maximum of 1:300.
Nation FX offers MT4/MT5 desktop versions, which can be downloaded, run as an .exe file, and then log in to the account. In addition, the MT4/MT5 mobile versions (Android/iOS) are also very convenient for traders to invest in.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Android/iOS, Desktop | Experienced Traders |
| MT5 | ✔ | Android/iOS, Desktop | Beginners |
The minimum deposit for Nation FX's Classic Account is $100, while the ECN Account requires $200. The following payment methods are supported:
Credit Cards: VISA, MasterCard
E-Wallets: Epay
Cryptocurrencies: Bitcoin, Litecoin, Ripple (XRP), etc.
The leverage on the Classic Account goes up to 1:500, which is pretty high. Personally, I would be cautious about using such high leverage due to the increased risk, but it could be useful for amplifying returns on small deposits. The ECN Account offers 1:300 leverage, which feels more balanced to me, so I might prefer that.
For the Classic Account, the minimum deposit is $100, which I think is quite affordable for most traders. If I were looking for tighter spreads and more professional features, I’d go for the ECN Account, but that requires a $200 deposit. Either way, I think the entry points are reasonable.
I don’t think it’s entirely safe. While Nation FX offers competitive trading conditions, being unregulated means there’s no real protection for my funds. If something goes wrong, I might be left in a difficult position without any regulatory body to turn to.
With the Classic Account, the spread starts at 1.5 pips, which I think is decent, especially for beginners. For the ECN Account, the spread starts from 0 pips, which is great for those like me who need tighter spreads for higher frequency trading. But I’d need to factor in the $5.5 commission as well, so it’s a bit of a trade-off.
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FX2772688915
Spain
I deposited funds into my account: 187739, Amount 300$ on 30th July 2025. And I have been trying to withdraw my deposit since 1st of August and they are still stuck. Nation FX keeps giving vague, repetitive excuses — “final compliance checks” and “speculation of rule violations” — without any proof or timeline. This is my initial deposit, not profit, yet they are holding it with zero transparency. Support is unhelpful and evasive. If this issue is not resolved promptly, I will escalate to the relevant financial authorities. I strongly advise caution — if a company can’t return your own money, it’s a huge red flag.
Exposure
FX2728586185
Iran
There is no customer support, I cannot withdraw my funds, and emails are not being answered.
Exposure
PaulBoer
Romania
I have been using Nation FX for over a year now with no issues. Just withdrew over 25k profit. Thank you
Positive
嘟嘟嘟嘟，飞啦
Cambodia
Although I am an experienced trader, I love using fresh brokers like Nation FX. Unlike those big forex broker, they don’t have much restrictions on trading volumes, leverage, making me feel at ease.
Neutral
FX1208478918
Indonesia
Nation FX’s account setting is amazing! To be frank, I love its raw spread account, with flexible position size. Basically, I pursue narrow spreads, and I find this excellent trading environment here.
Neutral