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Nation FX

Saint Vincent and the Grenadines|2-5 years|
Regulated in Australia|Appointed Representative(AR)|White label MT4|Global Business|


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NationFXLLC-Demo MT4
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+357 (24)023-098
Suite 305, Griffith Corporate Centre, Beachmont -Kingstown, St. Vincent and the Grenadines.


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Nation FX · Company Summary

Key Information Details
Company Name Nation FX
Years of Establishment 2-5 years
Headquarters Saint Vincent and the Grenadines
Office Locations N/A
Regulation Australia Securities & Investment Commission (ASIC)
Tradable Assets Forex, Stocks, Spot Indices, Futures,Metals, Energies
Account Types Rawspread Account, Classic Account
Minimum Deposit $100
Leverage Up to 1:300
Spread As low as 0 pips
Deposit/Withdrawal Methods E-wallets
Trading Platforms MetaTrader 4
Customer Support Email, Live Chat
Educational Content Economic Calendar,“Exclusive FX Live Capital Analysis”

Overview of Nation FX

Nation FX, an established trading entity operating for 2-5 years, is headquartered in Saint Vincent and the Grenadines. Regulated by the Australia Securities & Investment Commission (ASIC) as an Appointed Representative, the broker offers trading services primarily in Forex and Commodities through two account types: Rawspread and Classic. Clients can open an account with a minimum deposit of $200 for Rawspread and $100 for Classic, with maximum leverages up to 1:300. Trading transpires on the MetaTrader 4 platform, featuring spreads from 0 pips in the Classic account.

Accepted deposit methods encompass various cryptocurrencies and other digital payment options. Customer support channels include email and live chat, though response times for the latter can be prolonged. Furthermore, the broker provides access to an Economic Calendar and “Exclusive FX Live Capital Analysis”, with the latter's details reserved for customers only. However, the absence of disclosed withdrawal methods raises potential concerns for prospective traders.



Nation FX operates under the regulatory framework of the Australia Securities & Investment Commission (ASIC) as an Appointed Representative (AR). Their license, identified by the number 001304800, signifies that Nation FX PTY LTD, the licensed institution, holds this particular regulatory status. This status allows the company to act as an appointed representative within the regulatory regime, with an effective date of July 24, 2023. The address of the licensed institution is 66 809-811 Pacific Hwy Chatswood NSW 2067, and their contact phone number is 0418328759.


The Appointed Representative (AR) status signifies that Nation FX operates as a representative under the regulatory umbrella of ASIC. ARs are authorized to conduct certain financial activities on behalf of a licensed entity. This arrangement permits Nation FX to engage in financial services under the regulatory supervision of ASIC, providing them with a structured framework to operate within.

Pros and Cons

Pros Cons
Transparent Regulation Limited Withdrawal Information
Variety of Deposit Options Delayed Customer Support
Educational Resources Unverified Spreads


Transparent Regulation: Nation FX operates as an Appointed Representative under ASIC regulation (License No. 001304800), offering a structured framework for financial services. This regulatory oversight establishes accountability and adherence to industry standards.

Variety of Deposit Options: The broker accepts various cryptocurrencies and digital payment methods for deposits, providing flexibility for clients in funding their accounts.

Educational Resources: Nation FX offers an Economic Calendar and an Exclusive FX Live Capital Analysis (for customers), providing valuable information for traders looking to make informed decisions.


Limited Withdrawal Information: The absence of disclosed withdrawal methods raises concerns, as clients may lack clarity on how to access their funds.

Delayed Customer Support: While live chat is available, it's reported to have slow response times, potentially causing frustration for clients seeking immediate assistance.

Unverified Spreads: The broker advertises low spreads but does not provide specific details for the Rawspread account, leaving potential clients uncertain about trading costs.

Market Instruments

Nation FX offers a range of market instruments, including Forex, Stocks, Spot Indices, Futures, Metals, and Energies. Details are as follows:

Forex: Nation FX offers trading in the foreign exchange market, where clients can trade currency pairs like EUR/USD and GBP/JPY.

Stocks: Clients can trade shares of publicly listed companies in various global markets.

Spot Indices: The broker provides access to trading on the performance of stock market indices, such as the S&P 500 or FTSE 100.

Futures: Nation FX enables clients to speculate on the future prices of commodities, currencies, or financial instruments through futures contracts.

Metals: Clients can trade precious metals like Gold and Silver, which are known for their value and stability.

Energies: The broker offers trading in energy commodities, allowing clients to trade products like Oil.

market instrument

The following is a table that compares Nation FX to competing brokerages:

Broker Market Instruments
Nation FX Forex, Stocks, Spot Indices, Futures, Metals, Energies
Alpari Forex, Stocks, Spot Indices, Commodities, Cryptocurrencies
HotForex Forex, Stocks, Spot Indices, Commodities, Cryptocurrencies
IC Markets Forex, Stocks, Spot Indices, Commodities, Cryptocurrencies
RoboForex Forex, Stocks, Spot Indices, Commodities, Cryptocurrencies

Account Types

Nation FX offers two accounts, Rawspread and Classic. Details are as follows:

Rawspread Account: The Rawspread Account offered by Nation FX is designed for traders seeking favorable trading conditions. With a minimum deposit of $200, this account type provides access to various financial instruments, including Forex and CFDs on stocks, spot indices, commodities, futures, metals, and energies. Traders can benefit from leverage of up to 1:300, spreads are reportedly from 0.0 pips, however, commissions of up to 15 USD can be charged.

account types

Classic Account: Nation FX offers the Classic Account with a minimum deposit of $100, catering to traders with different risk preferences. This account type advertises spreads starting from 0 pips (although this figure is disputed by user reviews), providing a potentially more cost-effective trading experience compared to the Rawspread Account. Like the Rawspread Account, it offers access to Forex and CFDs on a range of financial instruments with leverage of up to 1:300.

account types

Heres a table listing the accounts:

Account Type Minimum Deposit Spreads Leverage Commission
Rawspread $200 From 0 Up to 1:300 Up to 15 USD
Classic $100 From 0 Up to 1:300 0

How to open an account?

  1. Visit the Website: Start by navigating to the Nation FX brokerage website by entering “” into your web browser.

  2. Account Registration: Look for the “Start Trading Now” button on the website's homepage and click on it.

  1. Provide Personal Information: You will be directed to a registration form where you need to provide your personal information, including your full name, email address, phone number, and country of residence. Ensure that the information you provide is accurate and matches your identification documents.

  1. Choose Account Type: Select the type of account you want to open, whether it's a Rawspread Account or a Classic Account. Be sure to review the account details and choose the one that aligns with your trading preferences.

  2. Verify Identity: Nation FX may require you to complete a Know Your Customer (KYC) process for identity verification. This typically involves submitting a copy of your government-issued ID, proof of address, and any other required documents.

Minimum Deposit

Nation FX offers two distinct minimum deposit rates for its account types. The Rawspread Account requires a minimum deposit of $200, catering to traders seeking favorable conditions. In contrast, the Classic Account has a lower minimum deposit requirement of $100, making it accessible to traders with different risk preferences. These minimum deposit rates allow traders to choose an account that aligns with their financial comfort levels and trading goals.


Nation FX offers different levels of leverage for its trading accounts. For Forex pairs, the maximum leverage available is 1:300, providing traders with flexibility in managing their currency trades. However, when trading indices, commodities, and cryptocurrencies, the maximum leverage is set at 1:100. This range of leverage options allows traders to tailor their positions to their specific trading strategies and risk tolerance.

Broker Forex Indices Commodities Cryptocurrencies
Nation FX Up to 1:300 Up to 1:100 Up to 1:100 Up to 1:100
Alpari Up to 1:1000 Up to 1:500 Up to 1:100 Up to 1:5
HotForex Up to 1:1000 Up to 1:500 Up to 1:100 Up to 1:2
IC Markets Up to 1:500 Up to 1:500 Up to 1:100 Up to 1:5
RoboForex Up to 1:2000 Up to 1:500 Up to 1:100 Up to 1:50


Nation FX offers spreads that vary depending on the chosen account type. In the Raw Spreads Account, spreads start at 0 pips for major currency pairs and 0.1 pips for minor currency pairs. It's worth noting that this account charges a commission of $15 per lot traded on top of the spreads. On the other hand, the Classic Account provides spreads starting from 0.0 pips, but mostly exceeds 1.6. Traders should consider these spread and commission details when evaluating the cost structure of their preferred account type.

Deposit & Withdrawal

While Nation FX provides traders with a variety of deposit methods, including popular cryptocurrencies such as Bitcoin, Ethereum, Tether, BUSD, Litecoin, and Ripple, along with traditional options like Epay and BNB, it's noteworthy that information regarding withdrawal methods are not disclosed by the broker prior to registration. The responsibility for providing this essential information rests with the broker, and potential clients may find it important to inquire about the withdrawal options available to ensure they align with their preferred payment methods and preferences.


Trading Platforms

Nation FX offers the MetaTrader 4 (MT4) trading platform, providing traders with a well-established and widely-used platform for their trading activities. MT4 is known for its user-friendly interface and advanced charting tools, although it's important to note that Nation FX does not allow the use of Expert Advisors (EAs) on its platform.

Heres a table comparing Nation FX to other brokers in this regard:

Broker Trading Platforms
Nation FX MetaTrader 4 (MT4)
Alpari MetaTrader 4 (MT4), MetaTrader 5 (MT5)
HotForex MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
IC Markets MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
RoboForex MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader

Customer Support

Nation FX provides customer support primarily through email and a live chat feature on their website.

Email Support: Traders can contact Nation FX's support team through email at This channel allows for written communication and is suitable for non-urgent inquiries or detailed requests. Responses via email may take some time, so traders should consider the nature of their query and the potential for delayed responses.

Live Chat Support: Nation FX offers a live chat feature on their website for real-time assistance. While live chat is advertised, it's important to note that the broker mentions possible delays in response times. Therefore, traders should be prepared for potential wait times when using this support channel.


Educational Resources

Nation FX advertises educational content as their Economic Calendar and “Exclusive FX Live Capital Analysis”. Specifics are as follows:

Economic Calendar: Nation FX provides traders with access to an Economic Calendar, a tool that displays important financial events, news releases, and economic indicators. This calendar helps traders stay informed about events that may impact the financial markets, allowing them to make informed trading decisions based on economic data and news.

Exclusive FX Live Capital Analysis: Nation FX offers what it calls exclusive FX Live Capital Analysis to its customers, although specific details about this content are not available to non-customers.

Customer Feedback

Nation FX has received mixed customer feedback based on the reviews available. Some customers have expressed dissatisfaction with the spreads, stating that they are not as low as advertised and that commissions are relatively high. Additionally, concerns have been raised regarding the slow response times of the online customer service, with wait times for replies being seen as a drawback and a waste of time. In contrast, others have voiced more serious issues, such as difficulties with fund withdrawals and unresponsiveness from the broker's support channels. This could indicate that this broker might be involved in fraudulent practices.


Nation FX is a regulated brokerage with authorized status and offers a trading environment with a mix of advantages and drawbacks. On the positive side, the company provides access to the widely-used MetaTrader 4 (MT4) trading platform, a reliable choice for many traders. However, it's crucial to note that the broker does not support Expert Advisors (EAs) on its platform, limiting the scope of automated trading strategies.

Additionally, the availability of educational content, such as an Economic Calendar and Exclusive FX Live Capital Analysis, is a plus for traders looking to enhance their market knowledge. Concerns have been raised regarding discrepancies between advertised spreads and actual trading conditions, as well as issues with the broker's online customer service response times. Furthermore, reports of withdrawal difficulties and unresponsiveness from support channels have emerged and accusations of fraudulent practices have been leveraged against Nation FX.


Q: What trading platform does Nation FX offer to its clients?

A: Nation FX provides the widely-recognized MetaTrader 4 (MT4) platform.

Q: Are Expert Advisors (EAs) allowed on Nation FX's trading platform?

A: No, Nation FX does not permit the use of Expert Advisors (EAs) on its platform.

Q: How do traders contact Nation FX's customer support?

A: Traders can reach Nation FX's support team through email or live chat.

Q: Does Nation FX provide an Economic Calendar for traders?

A: Yes, Nation FX offers an Economic Calendar to help traders stay informed about financial events.

Q: Are there any educational resources exclusively available to Nation FX customers?

A: Yes, Nation FX offers Exclusive FX Live Capital Analysis, although specific details are reserved for customers.

Q: What have some traders expressed dissatisfaction about regarding Nation FX?

A: Some traders have raised concerns about spreads not aligning with advertisements and slow online customer service response times.

Broker Information

Company Name

Nation FX

Company Abbreviation

Nation FX

Regulatory Status


Platform registered country and region

Saint Vincent and the Grenadines

Company website
Phone of the company
  • +357 (24)023-098









Company address
  • Suite 305, Griffith Corporate Centre, Beachmont -Kingstown, St. Vincent and the Grenadines.

  • Driadon 1, Office 105, 6041 Larnaca, Cyprus









Customer Service Email Address

Company Summary

User Reviews

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I feel obligated to disclose my frustrating ordeal with Nation-FX, a Forex brokerage whose actions—or lack thereof—have demonstrated a clear absence of professionalism and openness in my experience. Entrapped in a perplexing state of uncertainty, my account (No. 2121926777) faces continuous denial of withdrawal requests. The justification? An ongoing "investigation" into my account, preventing profit withdrawals of $2609. This broad and indefinite rationale has been left unaccompanied by meaningful communication or a projected completion date for the investigation. Just this evening they have banned my account and written of my profits, plunging me into a predicament of financial ambiguity and distress. The complete lack of engagement or clarification has unavoidably led me to feel as though I'm being intentionally ignored. Just this evening they have even now disabled my account and prevented an open trade from being able to be closed. This ordeal has significantly diminished my perception of Nation-FX's dependability and integrity as a Forex broker. Access to one's own funds is a basic service expectation from any financial institution, and the failure of Nation-FX to fulfill this, together with their silence, raises red flags. Their actions cast doubt on their operational ethics and exhibit a lack of respect for client welfare and contentment. For those contemplating Nation-FX for their Forex trading endeavors, I strongly recommend reassessment.
2024-03-20 08:48
I have been using Nation FX for over a year now with no issues. Just withdrew over 25k profit. Thank you
2023-11-17 19:01
Hello, Don't use this broker... I'm trying for 3 weeks to withdraw my money and they are rejecting my withdrawals. Also they stop answering my emails or live chat on the site. Might be a scam broker be aware!!!
2023-04-24 18:16
more than one year
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.
2023-02-23 10:37
more than one year
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.
2023-02-15 12:22
more than one year
Trading conditions offered by this offshore broker seems quite average, truly, only two trading accounts to choose from, average spreads… However, what makes me concerns most is its lack of regulation, which means this broker is operating illegally…
2022-12-01 16:53
more than one year
The spread was nowhere near as low as they advertised and the commission was high. What's more, their online customer service reply speed is too slow, every time I have to wait for a reply, it is a waste of my time.
2022-12-01 16:47
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