Versus Trade Review: Is it a Reliable Broker?

Versus Trade Overviews

Versus Trade is a modern CFD broker launched in 2024 and registered in Saint Lucia. It offers trading across 200+ instruments—including forex, cryptocurrencies, stocks, commodities, indices, and innovative "Versus Pairs" (e.g., Bitcoin vs Gold)—all on MetaTrader 5. With a low $10 minimum deposit, high leverage (up to 1:2000), swap-free/Islamic accounts, and 24/7 multilingual support, it appeals to active and cost-conscious traders. However, its lack of regulatory oversight remains a notable concern.

Pros and Cons

Is Versus Trade Safe? Broker Regulations

Versus Trade is now on final stages of obtaining FSC lisence on Mauritius and is officialy registered in Saint Lucia. This provides a basic level of oversight but does not offer the stringent protections of regulators.

Despite lighter regulation, Versus Trade does take client fund safety measures. It claims to keep client deposits in segregated bank accounts (at multiple tier-1 banks) separate from company capital. It also advertises Negative Balance Protection (NBP) for retail clients: in volatile markets, traders cannot lose more than the funds in their account. This NBP applies automatically to qualifying accounts and prevents balances from going negative. Standard KYC (ID and proof of address) and AML checks are enforced before trading. Data security is via industry-standard encryption (SSL/TLS) for the trading portal. In summary, Versus Trade has a strong fund protection (segregation, NBP) but lacks higher-tier regulatory oversight, so traders should weigh this when assessing safety.

How to Trade with Versus Trade?

Trade Assets

• Forex Pairs

  • 75+ pairs including majors, minors, and exotics

  • Examples: EUR/USD, GBP/USD

  • Micro-lot (cent) trading available

• Cryptocurrency CFDs

  • Leading coins such as Bitcoin (BTC/USD), Ethereum (ETH/USD), Ripple (XRP/USD)

  • 24/7 trading access

• Stock Index CFDs

  • Examples: US500, NAS100, DAX30, FTSE100

• Metals & Commodities

  • Gold

  • Oil

  • Natural Gas

• Stock CFDs

  • ~57 symbols from major markets (US, Europe, Asia)

• Versus Pairs (Proprietary Instruments)

  • Cross-asset CFDs combining two assets

  • Examples: Tesla vs Ford, Bitcoin vs Gold, Amazon vs Alibaba

  • 12 total Versus Pairs available

• Not Available

  • ETFs

  • Bonds

  • Options

  • Futures

Versus Trade offers a wide variety of CFD asset classes, though some categories are modest in size. In total there are over 200 instruments available. This includes roughly 75+ Forex pairs (majors, minors and exotics). Major currency pairs (EUR/USD, GBP/USD, etc.) are well covered, with micro-lot (cent) trading possible. The broker provides cryptocurrency CFDs on leading coins (e.g. BTC/USD, ETH/USD, XRP/USD), allowing 24/7 crypto exposure. It also offers stock index CFDs (e.g. US500, NAS100, DAX30, FTSE100) and metals/commodities (Gold, Oil, Natural Gas). Traders can access stock CFDs from major markets including the US, Europe, and Asia, with a carefully selected list of around 57 symbols covering leading companies.

The standout category is the broker’s proprietary Versus Pairs instruments. These are cross-asset CFDs combining two assets into one trade (for example, Tesla vs Ford, Bitcoin vs Gold or Amazon vs Alibaba). This format lets traders express relative performance views, which can be useful in volatile markets. In total Versus Trade offers 12 such Versus Pairs, covering various sectors. Apart from these, no fixed-income (bonds) or ETF CFDs are provided, and no options or futures. All trading is in CFD form.

Finally, account holders have access to standard markets like commodity CFDs and indices in addition to forex and crypto. The exact availability of some instruments may depend on account type. Overall, Versus Trade covers the essential classes (FX, crypto, indices, commodities, stocks) with competitive breadth, and differentiates itself via Versus Pairs. Traders interested in cross-asset stretegies or high-leverage forex will find plenty of opportunities, especially with Versus Pairs CFDs that let trade asset-against-asset in a single position, a unique format that goes beyond traditional instruments.

How To Trade?

Trading with Versus Trade is done exclusively through the MetaTrader 5 (MT5) platform, which is available for desktop, web, and mobile devices. The process involves setting up your account, placing trades, and managing open positions using the tools available on MT5. Traders can use advanced order types, apply technical indicators, and even run automated strategies to suit different trading styles. Below is a step-by-step breakdown of how to get started.

• Set up MT5: Download and install MetaTrader 5 on desktop, or log in through the web or mobile app using your Versus Trade credentials.

• Choose an instrument: Open the Market Watch panel, right-click on your chosen symbol, and select New Order.

• Select order type: Place a Market Order for instant execution or a Pending Order (Limit/Stop) for future entry at specific price levels.

• Adjust trade settings: Define your lot size and set Stop-Loss and Take-Profit levels to manage risk effectively.

• Apply trailing stop: Use a Trailing Stop to lock in profits as the market moves in your favor.

• Analyze the market: Use MT5’s advanced charting tools, which include 21 timeframes, 80+ technical indicators, and drawing features such as Fibonacci retracements and trendlines.

• Backtest strategies: Utilize the Strategy Tester to evaluate Expert Advisors (EAs) or custom indicators against historical data.

• Customize your workspace: Create personalized watchlists, hide unwanted symbols, and set alerts for price movements.

• Employ trading styles: MT5 allows scalping, hedging, and automated trading through EAs, making it versatile for different strategies.

• Stay informed: Use MT5’s integrated news feature or external sources for market updates, since Versus Trade does not provide its own news feeds or economic calendar.

• Limitations: The platform does not support social trading, copy trading, PAMM accounts, or integrated signal services.

In summary, trading with Versus Trade follows a straightforward workflow: log in to MT5, select an asset, configure trade details, place your order, and monitor open positions. The platform offers powerful analysis and automation tools, but traders must rely on their own strategies and external resources for research and signals.

How Can I Open Versus Trade Account? A Simple Tutorial

1. Visit the official Versus Trade website and click “SIGN UP.”

2. Select your country of residence and agree to the client agreement, privacy policy, and AML terms.

3. Enter your email address and choose a password to create your account.

4. Verify your email address via the confirmation link sent to your inbox.

5. Log in to the client dashboard, where your new account is instantly created.

6. Complete your profile details (full name, date of birth, address, phone number, etc.).

7. Upload KYC documents: proof of identity (passport, driver’s license, or national ID) and proof of address (utility bill or bank statement).

8. Wait for KYC approval (usually under 10 minutes).

9. Download and install MetaTrader 5 (desktop, web, or mobile) and log in with your provided credentials.

10. Fund your account (minimum $10) via cards, bank transfer, e-wallets, or crypto, then start trading on MT5.

Versus Trade Charts and Analysis

Versus Trade relies on the powerful MetaTrader 5 platform for all charting and analysis. MT5 provides multiple chart types (candlesticks, bars, lines, Heikin-Ashi, tick charts, etc.) across 21 timeframes (from 1-minute up to monthly). Traders can apply a wide range of drawing tools (trend lines, channels, Fibonacci retracements, shapes) directly on the chart, and choose from dozens of built-in technical indicators (MT5 has 80+ for trend, momentum, volatility, etc.). For developers, MT5 allows coding or importing custom indicators and Expert Advisors for automated trading. All chart analysis is done in real-time with market data, and historical backtesting is supported via the strategy tester.

However, Versus Trade does not add proprietary analysis modules. It does not offer an economic calendar, live news feed or in-house research within the platform. Traders must use external sources (news websites or MT5’s limited news tool) for fundamental analysis. There is no built-in scanner or screener for filtering symbols by criteria; watchlists must be managed manually in MT5. Alerts are possible: MT5 lets you set price alerts on symbols to receive notifications.

In terms of usability, MT5 is suitable for many trading styles. It allows scalping and hedging (no restrictions on short-term strategies). Fast execution via ECN/STP means market orders and tight stops can be executed reliably. Day traders can take advantage of the 24/7 crypto market and fast indexes with MT5’s stability. Swing traders and investors can also analyze longer-term trends on MT5’s weekly or monthly charts, though they must rely on external news for fundamental insights. Overall, the combination of MT5’s advanced charting suite (multi-timeframe analysis, indicator templates, expert advisors) makes Versus Trade’s platform powerful for technical analysis, even if it lacks any broker-specific research add-ons.

Versus Trade Account Types

Each account type uses the MT5 platform. All support the full range of assets and optional swap-free modes (Standard/Cent accounts automatically go swap-free in certain countries). Leverage up to 2000:1 is available across accounts, though it may be reduced for high balances. All accounts are ECN/STP execution, meaning trades access market liquidity. Standard and Cent accounts have no commissions (cost is in spreads). The Raw Spread account offers 0-pip raw spreads with a fixed commission ($3 per round turn) for very tight pricing. Islamic accounts have no swaps on eligible instruments for clients in Islamic countries; the swap-free mode is automatically applied by the system based on your country. There are no minimum trading volumes.

Do I Have Negative Balance Protection with This Broker?

Yes. Versus Trade provides Negative Balance Protection (NBP) to retail clients. This means that in volatile market conditions, a trader’s account balance cannot go below zero – the broker will cover any losses beyond the client’s equity. Effectively, you cannot lose more money than you have deposited. NBP is applied to all standard retail accounts (including Standard, Pro, Raw, etc.). In practice, if a client’s position would otherwise cause the account to dip negative (for example in a flash crash), Versus Trade will liquidate positions to bring the balance to exactly zero rather than below. This acts as a safeguard for retail clients against margin calls in extreme swings. (Professional or institutional accounts may not have NBP by default, following general industry rules.)

NBP is one element of Versus Trade’s risk management features. Combined with strict margin call/stop-out levels (e.g. margin call at 100%, stop-out at 50%) and automatic reduction of leverage on high volatility events, it aims to protect smaller traders. During times of extreme volatility (major news events), the broker may temporarily reduce maximum leverage to protect everyone. In summary, Negative Balance Protection is offered as a risk-management tool, ensuring retail clients cannot end up owing money to the broker

Versus Trade Deposits and Withdrawals

Versus Trade supports a wide range of payment methods in both fiat and cryptocurrency. You can deposit or withdraw via bank cards (Visa/MasterCard), bank wires (local bank transfers in USD/THB/IDR/MYR/VND), popular regional e-wallets (e.g. TrueMoney, DANA, OVO, MOMO) and cryptocurrencies (Bitcoin, Ethereum, USDT, USDC, XRP, TRX, BNB-BEP20, LTC, etc.). Deposits and withdrawals are processed promptly: card and crypto transfers are usually instant to a few hours, and local bank transfers take 1–2 business days. Notably, all deposit and withdrawal methods are free of charge (0% fees). The broker also enforces return-to-source: withdrawals generally must go back to the same funding method used.

• Currency options: Account base currency is USD, but you can fund in USD, THB, IDR, MYR or VND. Cryptocurrency deposits/withdrawals are accepted as listed above.
• Minimums: The minimum deposit is $10 (for Standard/Cent accounts). The minimum withdrawal is $25. There is no stated maximum.
• Processing times: Crypto transactions clear fastest (within 30–60 minutes). E-wallet and card deposits clear within minutes. Bank transfers may take up to 2 days depending on the country. Withdrawals are typically instant to a couple of hours (crypto) or same-day (cards/e-wallets.
• Verification: To withdraw, you must have completed KYC. Versus Trade follows strict AML rules: large transactions (typically over $10,000) may require proof of source of funds.
• Fees: The broker does not charge any deposit or withdrawal fees. Exchanges or payment providers may charge standard network fees, but Versus Trade itself charges 0%.
• Return policy: Funds must typically be returned to the originating account (the same card or wallet used to deposit). For example, if you deposit with credit card, withdrawals will be sent back to that card or bank.

In summary, funding is flexible and cost-free. With local currencies supported and crypto options, Versus Trade caters especially to traders in Asia Pacific. Just ensure you use approved methods (residents of some countries may not have access to all options). For reliability, allow up to 1–2 business days for foreign bank transfers, and keep withdrawal details correct to avoid delays.

Support Service for Customer

Versus Trade’s customer service operates around the clock. The broker advertises 24/7 support via multiple channels. Specifically, the live chat on the website is available in eight languages (English, Chinese, Thai, Malay, Bahasa Indonesia, Arabic, Vietnamese, Russian), which is more extensive language coverage than many global brokers. Email support (support@versus.trade) is also offered, along with responses on social media (Facebook, Instagram). Traders and reviewers note that response times are generally fast on live chat and email, often within minutes.

However, there are some limitations: Versus Trade does not list a phone number for support. Most client issues must be resolved by direct chat or email correspondence.

Supported languages (8) and 24/7 availability are strong points. If you prefer phone support, note that this is not provided. The broker’s FAQ page covers only basics (account types, funding methods, etc.), so for technical issues, you should use the chat. In summary, Versus Trade offers robust multichannel support.

Prohibited Countries: Where Can I Not Trade with this Broker?

Versus Trade explicitly excludes residents of the United States from its services. In fact, it does not accept clients from the USA, Canada, United Kingdom, some European Union, Russia, Belarus, North Korea, Iran, Myanmar (Burma), and other jurisdictions where offering CFD trading would violate local laws. This is primarily due to regulatory restrictions: for example, US and EU regulators prohibit offshore CFD brokers from serving their citizens. As a result, traders from those regions cannot open Versus Trade accounts. The UK FCA recently banned CFDs for retail, so UK customers are likewise excluded.

In addition to country-level bans, some product restrictions apply by region. For instance, Islamic (swap-free) accounts are automatically assigned to clients in predominantly Muslim countries. Versus Trade’s client agreement also disallows clients from sanctioned or embargoed nations not explicitly listed. Essentially, if you reside in a major regulatory jurisdiction (US, UK, EU) or are on international sanctions lists, Versus Trade will not onboard you. Traders should check the latest terms on the website during signup, but the key takeaway is: only use Versus Trade if your country is not on the banned list. Otherwise, you will need to choose a different broker licensed in your jurisdiction.

Special Offers for Customers

Versus Trade Ltd is running the “Celebrate Merdeka with Versus Trade – $3,000 Lucky Draw”, available exclusively to Malaysian clients from August 1, 2025, to August 31, 2025. Eligible clients with verified accounts who trade on XAUUSD (Gold vs USD) can participate by earning lucky draw tickets—1 ticket for every 1 lot traded, with no cap on the number of tickets. The promotion features a $3,000 prize pool, distributed among 30 winners, with rewards of $500 (1 winner), $300 (2 winners), $200 (3 winners), $100 (4 winners), and $45 (20 winners). Winners will be randomly selected on September 1, 2025, through a transparent draw system, and prizes will be credited to their trading accounts within 14 business days, usable for trading or withdrawal. Each client can win only one prize, and only closed trades count toward ticket allocation.

The broker’s focus is on straightforward pricing and service rather than promotions. That said, all account holders enjoy certain benefits as part of the standard offering: in particular, zero account maintenance fees. As noted earlier, there are no deposit or withdrawal charges and no inactivity fee, which effectively rewards active traders. The automatic swap-free mode for Islamic accounts (and available on request for others) is also an ongoing perk, though not a time-limited offer.

Clients have access to a free demo account indefinitely, which is a common industry feature rather than a promotion. They have a strong IB Program with very competitive conditions – partners get up to 75% from spread, MIB program, 6-level system, and a separate partner’s area with all statistics and data.

One client-friendly feature often mentioned is the broker’s willingness to onboard traders with local payment methods at zero cost, which can be seen as a practical “perk”. But in summary, traders should not expect time-limited bonuses or contests. Versus Trade’s “special offers” consist mainly of low trading costs and account features by default (zero fees, swap-free, etc.) rather than gimmicky promotions.

Versus Trade Review Conclusion

In conclusion, Versus Trade is a reputable, up-and-coming CFD broker that excels in platform ease-of-use and innovative products. Its main strengths are a very low barrier to entry (just $10 deposit) and a fully-featured MetaTrader 5 platform. The broker offers a large variety of assets (200+ instruments including Forex, crypto, indices, etc.) and unique Versus Pair CFDs that differentiate it from competitors. Trading costs are competitive: raw spreads from 0 pips with a modest commission and zero funding fees. For traders in Asia-Pacific, the availability of local payment methods and 24/7 multilingual support are significant advantages. Versus Trade has garnered positive feedback for its fast execution and smooth account opening (Traders Union, FXStreet and Investing scores it highly).

However, there are key limitations. Crucially, Versus Trade is not regulated by any top-tier authority (only St. Lucia’s FSRA), so clients must accept higher counterparty risk. It also excludes clients from major markets (US, UK/EU). The educational and research offerings are minimal; new traders will need to rely on outside resources. The platform is robust for trading but offers no proprietary tools beyond MT5’s defaults.

Overall, Versus Trade is best suited for tech-savvy beginners and active retail traders who value innovative products and high leverage, and who are comfortable with an offshore regulatory regime. It provides all the essential features (MT5, NBP, segregated funds) that a typical trader needs. For traders seeking a simple, modern interface and willing to trade CFDs at high leverage, this broker can be a good fit. On balance, Versus Trade delivers on its promise of a transparent, user-centric trading platform built by traders for traders.

Summary and Key Takeaways

Versus Trade is an online broker that provides access to forex, commodities, indices, cryptocurrencies, and unique Versus Pairs through the MetaTrader 5 (MT5) platform, available on desktop, web, and mobile. With a low minimum deposit requirement of just $10 and leverage options of up to 1:2000, the broker is designed to accommodate both beginner and professional traders. It offers multiple account types, flexible funding and withdrawal methods including bank transfer, cards, e-wallets, and cryptocurrencies, as well as 24/7 customer support. Versus Trade also claims to operate under regulated jurisdictions, adding a layer of trust and security for its users.

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About Author

Robert J. Williams

Robert J. Williams, a finance graduate from the London School of Economics, dove into finance clubs during her studies, honing her skills in portfolio management and risk analysis. With a career spanning prestigious firms like Barclays and HSBC, she's become an authority in asset allocation and investment strategy, known for her insightful reports.

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