Nations Trading Review
3.3

Nations Trading Review

Nations Trading is a forex prop firm with an attractive Two-step challenge. They offer up to $250,000 in funding to traders.

Nations Trading is a forex prop firm with an attractive Two-step challenge. They offer up to $250,000 in funding to traders.

Pros
  • Evaluation accounts up to $250,000
  • Funding of up to $1,000,000 per account
  • 80% profit share
  • A diverse range of trading instruments (forex, commodities, indices, stocks, and cryptocurrencies)
  • Permits overnight and weekend holding
  • AUtilizes the MetaTrader 4 platform
  • Leverage up to 1:100 available
  • Features robot live chat support
Cons
  • A new proprietary firm
  • Limited trader feedback
  • No EAs or copy trading allowed
  • 5% Absence of MetaTrader 5 platform
  • Utilizes an unregulated brokerage
  • Requires a minimum of 10 trading days
  • Non-refundable fees
  • Minimal positive community feedback
  • Poor ratings and stars on Trustpilot

What is Nations Trading?

Nations Trading is a well-known private trading company based in the exciting US city of Miami. A unique business plan is well known, and it’s important to remember that Daniel Lagrawe also runs the reputable exchange firm LiveCapital. He’s a big deal in the world of forex trading and has a big following on Instagram.

Nations Trading’s main goal is to give skilled and reliable buyers a one-of-a-kind chance to get a lot of money. The two-step review process, which includes the Nations Challenge and Verification phases, is meant to find and help traders who have a lot of potential. The main purpose of this thorough screening process is to find people who have the ability and skills to handle large amounts of money in the CFD (contract for difference) market.

They want to find great traders through the Nations Challenge and Verification so that they can use their resources and knowledge to do well in the fast-paced world of financial trading. Their goal in giving this chance is to help sellers who deserve it become more successful and accomplished in the industry.

Logo of Nations Trading

Nations Trading Funding Programs and Challenges: Rules and Requirements

Nations Trading says it is a major player in the world of proprietary trading and gives a well-structured evaluation process to traders who want to improve their skills and handle large amounts of money in the fast-paced CFD (Contract for Difference) market. 

These are some of their classes and the journeys they offer in more detail:

  1. The Evaluation Process: The way Nations Trading evaluates traders is meant to be clear and honest so that only traders with strong tactics and good money management skills cut. If this process goes well, the firm’s money can be used for trade. There are two separate steps in the review process:
  1. Nations Challenge: The Nations Challenge is the first step in becoming a Nations Trader. Before you can move on to the verification step, you have to show how good you are at trading while also following the firm’s trading goals. To move on to the next level, you need to do well in this part.
  1. Verification: The last step to becoming a Nations Trader is to go through the Verification stage. Traders can trade with the firm’s own money once they have finished the verification process and had their results checked. Nations Trading will pay for any trading losses traders have, and they will get an amazing 80% of the profits they make. Even though this profit split is pretty good, it’s important to note that some companies, like FTMO, offer a slightly higher 90% profit share.
  1. Becoming a Nations Trader: Once a trader passes the verification stage, they are truly a Nations Trader. After that, you can keep trading wisely and reliably, and they will get 80% of your gains. For traders who regularly show that their Nations Trading account is making them money, the company will allow them to grow their accounts in line with their unique scaling approach.
  1. Funding Challenges: Nations Trading has made a competitive funding scheme for skilled and dependable traders. The Nations Challenge and Verification are two parts of the company’s review process. The main goal is to find traders who can be trusted with large amounts of money in the CFD market.

After finishing the evaluation course, they can open a funded account that can handle investments worth up to a huge USD 1 million. It’s important to remember that Nations Trading gives them the tools and support they need to handle risk well in a supportive trading setting, even if the journey is hard.

There are different funding tasks in Nations Trading. Each one has a different amount of money to invest, a profit goal, a maximum loss that is allowed, and several trading days. Like some other proprietary firms, like Instant Funding, Nations Trading does not reimburse traders for the money they put into their jobs as traders. This is something that traders-to-be should know.

Financial instruments offered by Nations Trading:

Nations Trading is a flexible proprietary trading company that deals in many different types of financial products.

For a more in-depth look at the many trading choices that Nations Trading offers, read on:

1. Forex Currencies:

Trading in different national currencies is called forex, which stands for “foreign exchange.” These money units are very important for foreign trade and money transfers. People who use Nations Trading can swap currencies, mainly the US Dollar, the Euro, the Japanese Yen, the British Pound, and the Swiss Franc. People who trade these currencies can profit from changes in exchange rates, which are a major force behind the world’s financial markets.

2. Metals:

When it comes to their physical and chemical qualities, metals are a separate group of elements. Metals trading is important in both the financial markets and in industry. Metals like gold, silver, platinum, or copper can be bought and sold through Nations Trading. These metals are often thought of as goods and are used in many fields, such as building, electronics, and jewelry. The volatility and intrinsic value of these metals can help traders make trading plans that make money.

3. Indices:

Indices serve as barometers for measuring the performance of specific markets or sectors. They offer a broad overview of the health and vitality of financial assets within a given market. Nations Trading allows traders to track and speculate on the performance of well-known indices like the S&P 500, the NASDAQ Composite, and the Dow Jones Industrial Average. These indices provide a snapshot of overall market sentiment and serve as an essential reference point for investors.

4. Cryptocurrencies:

Cryptocurrencies have rapidly gained prominence as digital or virtual currencies operating on blockchain technology. They offer a decentralized, secure, and innovative approach to finance. Nations Trading accommodates the trading of prominent cryptocurrencies, including Bitcoin, Ethereum, and Ripple. Unlike traditional currencies, cryptocurrencies operate independently of government control and conventional financial institutions, making them an exciting and dynamic asset class for traders.

5. Shares (Stocks):

Shares, more commonly known as stocks, represent ownership in a company. When traders invest in shares, they become partial owners of the company and participate in its profits and losses. Nations Trading enables traders to engage in stock trading on major stock exchanges like the New York Stock Exchange and NASDAQ. This asset class provides an opportunity for investors to be part of the equity market and benefit from the success of publicly traded companies.

6. Commodities:

Commodities encompass raw materials and primary agricultural products that are essential to global trade and industry. Nations Trading offers access to trading commodities such as crude oil, natural gas, corn, soybeans, wheat, and coffee. These commodities are often traded on dedicated commodity exchanges like the Chicago Mercantile Exchange and the London Metal Exchange. Commodity trading is integral to hedging against price fluctuations and speculating on supply and demand dynamics.

Nations Trading Brokers: Do They Use a Reliable Platform?

Nations Trading has forged a strategic alliance with Mr. Daniel Lagrawe’s FXLiveCapital, further enhancing its reputation for dependability and credibility in the trading industry. Nations Trading uses FXLiveCapital as its primary broker, resulting in a seamless synergy between these two entities. This strategic alliance not only leverages Mr. Daniel Lagrawe’s expertise but also ensures a robust and supportive trading environment for its clients.

In terms of trading platforms, Nations Trading offers the widely respected MetaTrader 4 (MT4). This industry-standard platform is renowned for its user-friendly interface and comprehensive features, providing traders with a powerful tool to execute their strategies effectively.

One of the remarkable aspects of Nations Trading is its diverse range of trading instruments. Clients have the flexibility to engage in trading across various asset classes, including forex pairs, commodities, indices, stocks, and cryptocurrencies. With a substantial leverage ratio of 100:1 available, traders have the opportunity to magnify their trading potential, albeit with associated risk considerations.

It’s important to note that Nations Trading does not currently provide educational content on its website. While this might be seen as a limitation for some, it also emphasizes the firm’s focus on catering to traders who may already possess a certain level of expertise and are looking for a platform to execute their strategies effectively.

To enhance the trading experience, Nations Trading offers a well-structured dashboard accessible to all of its clients. This dashboard simplifies the management of risk and allows traders to monitor their performance with comprehensive statistical data. This feature empowers traders to make informed decisions and align their objectives with a clear understanding of their trading activities, ultimately contributing to a more successful and data-driven trading experience.

Nations Trading Fees: How Much Do They Charge?

Nations Trading offers a range of account types, each tailored to traders’ preferences when it comes to payout frequency, be it on a monthly or bi-weekly basis.

  1. Monthly Payout Accounts:

For those opting for monthly payouts, Nations Trading provides the following account options:

  • $25,000 account balance for a fee of $212.5.
  • $50,000 account balance for a fee of $318.75.
  • $100,000 account balance for a fee of $492.15.
  • $150,000 account balance for a fee of $680.
  • $250,000 account balance for a fee of $1,105.

It’s important to note that the monthly payout accounts involve a 2-step evaluation process. In the first step, traders are required to achieve a profit target of 10% with a minimum of 10 trading days. The second step requires hitting a profit target of 5% with a minimum of 10 trading days, except for the $250,000 account, which maintains the 10% profit target for both steps.

These accounts come with specific risk management guidelines, including a maximum daily loss of 5% and a maximum overall loss of 10%. Each evaluation stage has a maximum duration of 30 calendar days. Following a successful evaluation, traders can request payouts every 30 days, with an attractive profit split of 80%.

  1. Bi-weekly Payout Accounts:

For traders who prefer bi-weekly payouts, Nations Trading offers the following account choices:

  • $50,000 account balance for a fee of $425.
  • $100,000 account balance for a fee of $637.5.

Like the monthly payout accounts, the bi-weekly payout accounts also feature a 2-step evaluation process. In the first step, traders must achieve a profit target of 10% with a minimum of 10 trading days. The second step necessitates hitting a profit target of 5% with a minimum of 5 trading days.

Risk management principles are consistent here as well, with a maximum daily loss of 5% and a maximum overall loss of 10%. Each evaluation stage has a maximum duration of 30 calendar days. Following a successful evaluation, traders can request payouts every 14 days, receiving a commendable profit split of 80%.

To facilitate these trading activities, Nations Trading supports the widely used MetaTrader 4 platform, ensuring that traders have a robust and familiar tool at their disposal to execute their strategies effectively. This platform’s user-friendly interface and comprehensive features make it a valuable asset for traders aiming to make the most of their trading experience.

Nations Trading Proof of Payment:

Nations Trading, as a recently established proprietary firm, introduces a fresh approach to the trading landscape. At the core of their system are payouts intricately tied to the specific type of account traders opt for. The company offers a range of account options to suit varying trading preferences and risk appetites, with these accounts featuring distinct payout schedules, either bi-weekly or monthly. The choice between these two payment frequencies depends on the evaluation program option purchased, tailored to traders’ specific trading goals and strategies.

In their commitment to fostering transparency and trust within the trading community, it’s important to note that, at present, the firm has not been able to provide concrete payment proof. However, they are diligently working to compile and verify this information. Once the payment proof becomes available, they will promptly upload it to their platform, ensuring that traders have access to the evidence they need to make informed decisions and maximize their trading experience with Nations Trading. Customer satisfaction and confidence in their services remain a top priority.

Nations Trading Customer Support: 

Nations Trading, while not maintaining a presence on social media platforms, offers various other means of communication and support for its clients

Here’s a comprehensive look at how you can get in touch with Nations Trading:

1. FAQ Page: For those seeking answers to common queries and information gaps, Nations Trading has a dedicated Frequently Asked Questions (FAQ) page hosted on its website. This page serves as a valuable resource to address a multitude of common inquiries and provide clarity on various aspects of the trading process.

2. Email Support: The firm ensures that clients can reach out to their support team via email. You can directly contact the support team at support@nationstrading.com to seek assistance, resolve issues, or acquire specific information related to your trading experience. This email channel allows for more personalized and detailed communication with the support staff.

3. 24/7 Robot Live Chat: Nations Trading recognizes the importance of immediate and efficient client support. To cater to this need, they offer a 24/7 robot live chat service. This feature allows clients to engage in real-time conversations with automated chatbots, which are programmed to provide prompt responses to basic inquiries and offer assistance with general information. While this option may not replace human interaction, it serves as a valuable resource for quick and convenient access to fundamental information and support.

Nations Trading may not have a presence on social media platforms, but it compensates for this by providing a well-structured FAQ page, an email support channel, and a 24/7 robot live chat service. These options collectively offer clients a variety of ways to seek information and assistance, ensuring that their queries and concerns are addressed promptly and efficiently.

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What makes Nations Trading unique? 

Nations Trading stands out from the crowd of industry-leading proprietary trading firms, primarily for its remarkably lenient trading rules that impose minimal restrictions on traders. This relaxed approach to trading offers a degree of freedom that distinguishes Nations Trading in the following ways:

  • Flexibility in Trading Conditions: Unlike many prop firms, Nations Trading allows traders to navigate challenging market conditions with ease. This means you can engage in trading during critical news events, hold positions overnight, and even trade over the weekends. This flexibility empowers traders to adapt to various market scenarios and seize opportunities as they arise.
  • Two-Step Evaluation Accounts: Nations Trading introduces a unique approach with its two-step evaluation process. This distinctive feature sets it apart while providing options for traders to choose between bi-weekly (14 days) or monthly (30 days) payout schedules. What’s truly appealing is that successful traders can enjoy an attractive 80% profit split, further enhancing the rewards for their efforts.
  • Leverage and Profit Targets: Nations Trading offers traders a noteworthy leverage ratio of 100:1, enabling them to amplify their trading potential. The profit target is 10% in Phase 1 of the evaluation process and 5% in Phase 2. This setup bears some similarities to FTMO, another player in the prop trading industry, which also features a two-phase evaluation process with identical profit targets. However, it’s important to highlight that Nations Trading distinguishes itself by having shorter minimum trading days, making it more accessible for traders.
  • Minimum Trading Days: The minimum trading days in the evaluation process vary depending on the account you select with Nations Trading, typically ranging from 5 to 10 trading days. This level of flexibility accommodates different trading strategies and styles, providing room for adaptation. In comparison, My Forex Funds, another trading firm, also has a 5-day minimum trading requirement for its evaluation process stages, while FTMO demands a longer commitment of 10 trading days for each phase.

Nations Trading Reviews: What Do Their Customers Say?

Trustpilot:

According to Trustpilot, Nations Trading has a rating of 2.7 out of 5 stars. The platform has received only 17 customer reviews, positioning Nations Trading poorly.

Nations Trading Trustpilot

Negative customer reviews on Trustpilot:

#1. Gustavo disputes the claim, asserting that their Terms and Conditions explicitly outline the prohibition of third-party usage. He emphasizes that for services not offered by Nations Trading, the company bears no liability.

However, he raises a pertinent point, questioning the situation where traders initially promoted the validity of offering high-frequency bots and later informed clients that it was only part of phase 1. This inconsistency, according to Gustavo, raises doubts and leads to accusations of fraudulent practices. He alleges that there is substantial evidence of individuals within the company speaking negatively about their organization.

Nations Trading complaints

#2. Irving Geovany Toruño raises concerns about deceptive practices at Nations Trading, where they allegedly lure customers with services that are ultimately not provided. For instance, one of their packages promises certain features, only to retract them at their discretion, leaving customers with no recourse for customer support. He suggests exploring alternative firms, as Nations Trading falls short and does not even rank among the top 50 in his estimation.

Nations Trading scam

#3. Gabriel Viera condemns Nations Trading as a deceitful enterprise. He asserts that the business does not uphold its own policies and further alleges that Daniel Savage and Angel Zuniga, two people he refers to as “traders,” support it. In his view, these individuals are the epitome of irresponsibility, unprofessionalism, and non-compliance, branding them as scammers.

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#4. Alejo asserts that this company is fraudulent, promoting offerings that ultimately go unfulfilled. He issues a stern warning against placing trust in the promises of individuals like Parcesavage, Daniel Savage, and Angel Zuniga for passing challenges. His recommendation is to steer clear and maintain distance from them.

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#5. Jaylen Lewis reports that the company implemented a policy change just two days after his purchase. This change revolved around new restrictions, disallowing trading during news events and preventing the holding of trades during such times, even if the positions had been initiated before the news release.

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Positive customer reviews on Trustpilot:

#1. Jaymir Suescun enthusiastically affirms that Nations Trading has unquestionably made a significant impact. It’s a reputable company that doesn’t peddle empty promises but instead provides tangible opportunities for growth in the realm of trading. In Jaymir’s view, they stand out as the best in the business!

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#2. Daniel Savage proudly shares his experience of being with Nations Trading from the very beginning. He considers it the top company across the board. Notably, he highlights that the pricing for US30 aligns with TradingView, and they also offer live accounts, adding to the appeal of Nations Trading.

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#3. Dale reflects on his experience with Nations Trading, expressing an overall positive sentiment. However, he did encounter a delay of more than two days in receiving the excess funds he had inadvertently overpaid for a challenge. He decided to share this review and awarded it a rating of 3 stars to inform others that while the company is friendly, there may be some delays in receiving owed funds.

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#4. Heriyadi Janwar enthusiastically shares his exceptional experience with Nations Trading. Having been a part of the platform for several months, he commends their rapid response times and swift payouts. He particularly appreciates their bi-weekly payout system, which enhances his trading experience.

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#5. Nate, a trader, shares that he secured funding some time ago and observed that Nations Trading offers a $500k account that permits the use of EAs (Expert Advisors). He appreciated the convenience of making payments with a card and is now considering giving them another opportunity.

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Wrapping it up:

Nations Trading offers a diverse range of financial instruments, allowing traders to create versatile portfolios and capitalize on different market opportunities. While it provides unique prospects, the platform has encountered challenges, including limited trader feedback and a lack of support for EAs and copy trading. It also lacks MetaTrader 5 and operates with an unregulated brokerage.

Furthermore, Nations Trading enforces a 10-day minimum trading requirement and charges non-refundable fees, which have resulted in limited positive community feedback and poor Trustpilot ratings. These factors, alongside changing policies, may raise concerns among potential traders, necessitating caution and thorough research before engaging with Nations Trading.

The platform’s accommodating and flexible trading rules offer a range of trading strategies, emphasizing the importance of achieving profit targets while adhering to maximum daily and total loss limits. This flexibility fosters a more adaptable trading environment for traders.

Nations Trading Review Details

Account Currencies

Account size up to:
$1,000,000
Profit Split Up to 80%
*Choose your account type and start trading

4.0
Fees
2.0
Trading Platforms
3.0
Deposit and Withdrawal
4.0
Customer Support
3.3 Overall Rating

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Nations Trading Review
3.3/5
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