Our Take on Versus Trade
Founded in 2024 and based in Saint Lucia, Versus Trade is a new player in the online trading world. It provides access to 170+ instruments through MetaTrader 5, including 75 forex pairs and unique crosses like US100/WTI and Amazon/Alibaba.
Moreover, Versus Trade offers a low $10 minimum deposit and leverage up to 1:2000, making it ideal for beginners. The Cent Account also allows algo traders to test strategies safely.
However, Versus Trade currently lacks market research and educational content, which may not appeal to those seeking learning materials.
Even so, it remains a great choice for swing traders due to its low overnight fees and rare instrument crosses.
Versus Trade: Pros and Cons
Pros:
- Favorable pricing
- High leverage (1:2000)
- Unique forex pairs
- Wide instrument range
- Multiple payment options
Cons:
- No market research
- No educational content
What Makes Versus Trade Stand Out
Interestingly, Versus Trade offers swap-free trading on its Standard Account without needing a separate Islamic account.
In addition, the broker features creative pairings like Tesla vs Ford or Bitcoin vs Gold, allowing traders to explore cross-industry correlations rarely available elsewhere.
Main Features
☑️ Regulation: FSCM (Mauritius)
🗺 Languages: English, Bahasa, Thai, Arabic, Urdu, Hindi, Vietnamese
💰 Products: Forex, Stocks, Crypto, Indices, Commodities
💵 Min Deposit: $10
💹 Max Leverage: 1:2000
🖥 Type: ECN, STP
Regulation and Safety
Versus Trade Ltd is registered in Saint Lucia (No. 2024-00586) and regulated by FSC Mauritius, a Tier-3 regulator.
Although new, Versus Trade shows decent stability and transparency with up to 50 employees and clear legal documentation. While live spread data is missing, overall trust is solid.
The broker also segregates client funds, ensures negative balance protection, and provides transparent policies, making it safe.
How to Open an Account with
Opening an account is quick and easy. Simply click “Sign Up”, choose your country, and agree to the Terms and Conditions. Then, enter your email and password, fill in your personal details, and complete your investor profile.
Finally, verify your email and phone, then upload proof of ID and address. Once approved, you can start trading with Versus Trade immediately.