Nations Trading Review
Nations Trading provide funded accounts up to $1M where you can receive 80% of your profits and have any losses covered.
Nations Trading is a proprietary trading firm that has developed a simple funding program for consistent undercapitalized traders. Finding successful traders who merit trading large amounts of capital is Nations Trading’s main goal. They give their customers all the resources they need to manage risk in a trading environment.
Nations Trading supports its traders’ professional success. They allow them to trade up to $1,000,000 in balance, which increases their ability to profit. You must succeed in their 2-step evaluation to receive funding. You receive an 80% profit split on your earnings after passing the evaluation phase without breaching any of the rules.
Process
The evaluation process is pretty straight forward. You need to pass one of the challenges to show that you have a good trading strategy with sensible money management. After your complete the evaluation process without breaking any of the rules, they will verify the account and provide you with a funded account if all goes well.
Nations Challenge
The evaluation process begins with the Nations Challenge. To go to the Verification level, you must be successful here. Show off your trading prowess and self-control by adhering to the Trading Goals.
Verification
The second and final step to become a Nations Trader is the Verification. You will be given the chance to trade the prop firm’s capital if you successfully complete the Verification stage and have your results verified. They cover your losses, and you receive 80% of your earnings. This is a generous share but you can get higher with FTMO who provide a 90% profit share in comparison.
Nations Trader
You can now call yourself a Nations Trader. Trade smartly and regularly to earn 80% of your gains. If you consistently make money on your Nations account, they can scale up your trading account in accordance with their scaling approach.
Funding Challenges
For reliable traders, Nations Trading has created a competitive funding programme. The Nations Challenge and the Verification are two components of this evaluation process. Finding skilled traders who truly deserve to trade large amounts of capital in the CFD Market is their primary goal.
You are given the option to open a funded account with management capabilities of up to $1 million USD after successfully completing the evaluation course. Your days will probably be very difficult, but Nations gives you the resources you need to manage your risk in a supportive trading atmosphere!
There is a great variety of challenges to choose from as you can see below. The main difference between them is the funding amount, profit target, maximum loss and trading days. Nations Trading does not pay back the initial investment made by you towards your future as a career trader which many prop firms do, including Instant Funding.
10K Weekly Challenge
Requirements for Challenge:
- Profit Target: 10%
- Minimum 10 trading days
Verification:
- Profit Target: 10%
- Minimum 10 trading days
Disqualifications for:
- -10% Overall loss on Challenge and Verification
- -5% Daily loss on Challenge and Verification
Funded Account:
- Max daily loss: 5%
- Max overall loss: 10%
Conditions:
- Days for stage 30
- Leverage 1:100
25K Biweekly Challenge
Requirements for Challenge:
- Profit Target: 10%
- Minimum 10 trading days
Verification:
- Profit Target: 10%
- Minimum 10 trading days
Disqualifications for:
- -10% Overall loss on Challenge and Verification
- -5% Daily loss on Challenge and Verification
Funded Account:
- Max daily loss: 5%
- Max overall loss: 10%
Conditions:
- Days for stage 30
- Leverage 1:100
100K Monthly Challenge
Requirements for Challenge:
- Profit Target: 10%
- Minimum 10 trading days
Verification:
- Profit Target: 10%
- Minimum 10 trading days
Disqualifications for:
- -10% Overall loss on Challenge and Verification
- -5% Daily loss on Challenge and Verification
Funded Account:
- Max daily loss: 5%
- Max overall loss: 10%
Conditions:
- Days for stage 30
- Leverage 1:100
50K Biweekly Challenge
Requirements for Challenge:
- Profit Target: 10%
- Minimum 10 trading days
Verification:
- Profit Target: 10%
- Minimum 10 trading days
Disqualifications for:
- -10% Overall loss on Challenge and Verification
- -5% Daily loss on Challenge and Verification
Funded Account:
- Max daily loss: 5%
- Max overall loss: 10%
Conditions:
- Days for stage 30
- Leverage 1:100
100K Biweekly Challenge
Requirements for Challenge:
- Profit Target: 10%
- Minimum 10 trading days
Verification:
- Profit Target: 10%
- Minimum 10 trading days
Disqualifications for:
- -10% Overall loss on Challenge and Verification
- -5% Daily loss on Challenge and Verification
Funded Account:
- Max daily loss: 5%
- Max overall loss: 10%
Conditions:
- Days for stage 30
- Leverage 1:100
The prop firm need to be certain that you can manage risk before they let you trade with their capital. They have created trading objectives as a result. Meeting these trading goals demonstrates your ability to trade with discipline and expertise. They don’t impose any restrictions on the instruments or position sizes you can trade, so your trading strategy is entirely up to you.
Trading Strategies
You are allowed to use any trading strategy that you want, provided you don’t break the rules. This means scalping and news trading. You can trade overnight and hold positions during the weekend. You must stay in a trade for at least 3 minutes for the system to count it towards your progress.
Expert Advisors
If you are planning on automated trading with prop firm expert advisors, then you will be disappointed to here that they are not allowed. Copy trading is also prohibited. This prop firm is looking for manual traders, not robots. However, you wont be short of other options as many prop trading firms do allow EAs including True Forex Funds and FundedNext.
Scaling
With consistent trading with Nations Trading, traders can grow naturally (this is discussed on a private conversation between you and one of the account managers). Please be aware that scaling solely depends on your capacity for consistent long-term risk management and financial success; once they have collected your trading data on the platform, they will decide whether to get in touch with you to optimise your trading account in line with your trading performance.
Drawdown
Each of the funded accounts have a maximum drawdown level that you need to stay within in order to pass the evaluation stage and maintain the account. The drawdown is calculated as follows:
- Last read Equity – Start day Equity = Variation of capital
- Variation of capital * 100 / Start day Equity = % Variation of capital
- If % Variation of capital >= 5 over day, your account will be disabled automatically.
Inactivity
The challenge stage starts when a customer places a trade. A customer’s account will be disabled, disqualifying them from finishing the challenge, and they will not be entitled to a refund if there has been no trading activity for the maximum number of days allowed (30).
Retry
At this time, they do not have a retry system in place, but are considering to implement one in the future. Customers who make a profit during the challenge or verification stage but fall short of the required target profit percentage are not eligible for a refund or a second chance without paying a deposit for a new challenge.
Refunds
To be eligible to take part in the Nations Trading funding programme, the trader’s first investment must be paid in full. The client is not eligible for a refund if they send a cancellation request via email after paying for the challenge, even if they don’t finish any of the stages (Challenge & Verification).
Also, the client will not be eligible for a refund because they were unable to stay within the parameters of the objective profit percentage, daily loss % permissible, and maximum negative percent balance permitted.
A complete refund of the amount paid for the unpaid balance will be given to customers who overpaid for a challenge. This includes utilising the same Nations Trading payment code to make two payments for the same account towards the same challenge.
Brokers
FX Live Capital is the partner broker for Nations Trading and is owned by the same person. FX Live Capital offers several accounts types, trading software and tools to assist individuals and institutional users to trade Forex and Derivatives online. Using cutting-edge automated trading platforms, clients can access a range of trading instruments.
Customers can choose from an array of account options at FX Live Capital to get a custom trading experience that satisfies their requirements. FX Live Capital offers all the tools and services required for clients of every level to realise their trading aspirations, together with competitive trading conditions and lightning-fast execution.
The main issue with this broker is that they are not regulated which may deter some traders. If you would prefer to use a prop firm that has partnered with a regulated brokerage firm, then there are many who use Eightcap instead. This includes SurgeTrader and The Funded Trader.
Platforms
All trading with Nations Trading is conducted via the industry standard MT4 platform. This is a user0-friendly forex trading platform that is packed with all of the trading tools you need to build trading strategies as complex or simple as you need them to be. You can find thousands of free and paid add-ons to further enhance the capabilities of the platform.
However, they don’t offer the newer MT5 platform. If that is your platform of choice, then Finotive Funding and The 5%ers are a couple of alternative prop forms worth consideration instead.
Instruments
You can trade a vast array of financial instruments with Nations Trading including major, minor and exotic forex currency pairs, commodities such as gold and silver, major indices from around the globe and cryptocurrencies. They have decent trading conditions including reliable trade execution speeds, leverage up to 1:100 and tight spreads.
Tutorials
Join an exclusive network of traders by following the Nations Trading YouTube courses, tips, and trading ideas. This can be a handy way to learn more about the markets and the prop trading service they provide.
| Maximum capital | $1,000,000 |
| Profit split | 80% |
| Scaling | Yes |
| News trading | Yes |
| Weekend trading | Yes |
| Automated trading | No |
| Free trial | No |
| Maximum leverage | 1:100 |
Overall, Nations Trading is a decent prop company that provides money to traders all over the world after the evaluation process is complete. After passing a 2-step evaluation, you can select among bi-weekly and monthly programmes with funding ranging from $25,000 to $250,000. Following funding, you can scale your account up to a balance of $1,000,000 and get 80% of the profits.
When comparing Nations Trading to other companies with two-phase assessment processes, such as Fortunes Funding, the evaluation’s standards are less onerous because you just need to achieve a 10% profit target in stage one and 5% in stage two. You are not permitted to lose more than 5% every day or 10% altogether. You can trade while trading news throughout the weekends and overnight.
However, there are some significant drawbacks that may sway the opinion of some traders. They do not allow automated trading and do not have the MT5 platform. They also use an in-house brokerage which is not regulated and some may feel could cause a conflict of interest. There is also no refund, no retry and no trial to see what they have to offer first hand.
Anyone who consistently achieves success with their trading techniques and seeks to engage in trading with a balance of up to $1,000,000 per account may consider Nations Trading. Despite being a relatively young company, they provide reasonable terms with the 2-step evaluation for a variety of traders using diverse techniques.
