Trade Nation Secures EU License via Portugal

UK-based retail FX and CFD broker Trade Nation has obtained a license from Portugal’s financial regulator CMVM for its subsidiary Trade Nation Europe – Empresa de Investimento, S.A. The license, formally issued on April 15, 2026, allows the firm to onboard retail clients across the EU via passporting.

Unlike most brokers, Trade Nation chose Portugal over Cyprus, Malta, or Germany. The company is now finalising steps to start onboarding clients in the coming weeks. It recently hired Luis Dos Santos (ex-Finalto) as CEO Portugal.

Trade Nation already holds licences in the UK (FCA), South Africa (FSCA), and Australia (ASIC), plus offshore entities in Seychelles and the Bahamas.

The move follows a leadership reshuffle: Jon Noble (ex-IG Group) became CEO in 2025, and Kypros Zoumidou (ex-Capital.com) joined as Managing Director.

Luis Dos Santos commented: “Europe is an important region for us. We aim to serve fast-growing retail investors with our intuitive platforms and local-language support.”

The company is controlled by UK entrepreneur Jasper White, who bought it in 2014.