Versus Trade Review 2025

Trust

Versus Trade Regulations

In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.

This is what I discovered about the single entity operating under the Versus Trade trade name:

• Versus Trade Ltd is a registered company in Saint Lucia with reference number 2024-00586. The company is not regulated.

Understanding the Regulatory Protections of Your Account

Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity with which they choose to open an account.

Here is what you need to be looking for in a broker in terms of safety mechanisms:

• Segregation of Client Funds: Keeping client funds in segregated bank accounts from the ones used for the broker’s corporate capital negates the risk of accounting errors. Versus Trade keeps client funds in segregated accounts.
• Negative Balance Protection: This safety mechanism removes the risk of trading losses exceeding the account balance. In other words, the losses you incur from trading are capped at the amount you have put in your trading account. Versus Trade guarantees negative balance protection.
• Compensation Scheme: A compensation scheme protects traders against the broker’s liabilities if the company becomes insolvent. Versus Trade does not participate in a compensation scheme.
• Maximum Leverage: Capping the maximum leverage restricts the extent of market exposure to retail traders. The higher the leverage, the higher the potential profits and potential losses. The maximum retail leverage with Versus Trade is 1:2000.

Stability and Transparency

In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency.

Founded in 2024, Versus Trade is a newcomer to the trading industry. According to its LinkedIn page, the company employs fewer than 10 people.

I reviewed Versus Trade’s Client Agreement and found that everything was in order. My only gripe is that no live spread data is displayed on the broker’s website. Overall, I assess the broker’s transparency level as pretty decent.

Is Versus Trade Safe to Trade With?

Even though the broker is not licensed or regulated, I concluded that it is nominally safe to trade with because:

• Keeps client funds in segregated accounts
• Ensures negative balance protection
• Has transparent legal documents

Fees

Versus Trade Trading Fees

Versus Trade Spreads

I tested Versus Trade’s spreads on 4 June 2025 during the London and New York opens. The results are shown in the table below:

Live testing revealed that Versus Trade charges low spreads on share CFDs, low-to-average spreads on indices, average spreads on forex and crypto, and low-to-high spreads on commodities.

Versus Trade Swaps

A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.

The values listed below are for one full base currency contract (100,000 units).

Versus Trade offers zero swaps on some of the most traded instruments. You can find a comprehensive list here.

Versus Trade Non-Trading Fees

Versus Trade does not impose any non-trading fees. Deposits and withdrawals are free of charge, though third-party processing fees may apply.

I also learned that an account is considered dormant after 90 calendar days of inactivity. However, the broker does not seem to charge such accounts with an inactivity fee.

Are Versus Trade’s Fees Competitive?

I assessed that Versus Trade’s fees are highly competitive. Its spreads outperform the industry average, and most instruments are available for swap-free trading. Additionally, the broker supports commission-free trading on its Standard account.

Traders also benefit from the absence of non-trading charges. Deposits and withdrawals incur no handling fees, and dormant accounts are not subject to inactivity fees.

Platforms and Tools

MetaTrader 5 Desktop

I tested the desktop version of MetaTrader 5, one of the most popular platforms among retail traders. The charts, orders, and various instruments are located in easy-to-find places, and even first-time traders can quickly learn their way around. My only gripe with the platform is that its charts feel rugged and outdated compared to newer and sleeker trading software.

Versus Trade’s MT5 platform is available on Windows and Mac and supports 39 languages, including English, French, Spanish, German, Arabic, Chinese, and more.

MT5 features include:

• Alerts-Setting Option: Traders can set alerts for when the price of a given instrument falls/rises to a predetermined level, which could potentially signal a viable entry opportunity.
• Watchlist Customization: Traders can populate watchlists with their favorite instruments and track market changes more easily.
• One-click Trading: This feature enables instant market entries at the spot price and is invaluable for high-precision traders, such as scalpers.
• Trading from the Chart: Traders can place conventional trading orders directly from the chart, specifying the entry price, volume level, stop and take-profit levels, and more.

In my opinion, MT5 is best suited for automated trading, which is available via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions.

Charts

As shown above, MetaTrader’s charts can quickly become cluttered, even with just two indicators. This can obscure price action examination and make it harder to perform detailed technical analysis.

I have broken down the available analytical tools and chart configurations below:

• 38 technical indicators: Including trend-based and volume-based indicators, and oscillators to analyze price action and assess market sentiment, helping predict market movements.
• 24 drawing tools: Tools like Fibonacci retracement levels and Elliott waves help identify price patterns, support/resistance levels, and breakout points. However, MT5’s design can make price action harder to interpret.
• 21 timeframes: For multi-timeframe analysis, enabling detailed price action analysis.
• 3 chart types: Price action can be displayed as line, bars, or candlesticks, offering diverse perspectives on trading opportunities.

The chart screen is undeniably one of the most crucial features of a trading platform. It equips traders with essential tools and configurations to analyze price action and spot trading opportunities. Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements.

Orders

MetaTrader 5 features three types of order execution: market, pending, and one-click trading, which supports immediate entries at the spot price.

I have broken down the available order types on the MetaTrader 5 platform below:

• Market Orders: Used for immediate entry at the best available price. They guarantee volume filling, though the entry price may differ from the requested price.
• Limit Orders: Guarantee exact price entries, but won’t be filled if the price doesn’t reach the trigger level.
• Stop Orders: They are used to support open positions by limiting the maximum loss that can be incurred if the market turns in the opposite direction. A stop-loss order is placed at a fixed price below or above the spot price. If the market does indeed turn and triggers the stop-loss, it will transform into a market order and get filled at the best possible price.

MT5 Desktop: My Key Takeaways

MetaTrader 5 is a good option for fast and simple order execution. However, its dated and rugged design is inferior to newer and sleeker platforms. As a trader who prioritizes flexible charts that are easily scalable, I find MT5’s charting capabilities too rigid and less effective.

MT5 App

The MT5 mobile app is available on iOS and Android, enabling quick and easy access to the market on the go. It is very useful for opening, terminating, and adjusting open positions.

You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.

MT5 App: My Key Takeaways

The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action.

Versus Trade Execution Model

Versus Trade operates as principal to client orders, whereby it routes them to its pool of liquidity providers where they get filled at the best possible price.

Tradable Instruments

Compared to the industry average, Versus Trade stands out with its wide selection of forex pairs. The number of indices is average, while the selection of share CFDs and cryptocurrencies could be broader.

What Are CFDs?

Contracts for difference (CFDs) are derivatives that speculate on the underlying asset’s price without physical ownership.

For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.

One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative.

What CFDs Can You Trade With Versus Trades?

Versus Trade Instruments: My Key Takeaways

Verus Trade’s tradable instruments offering is both wide and diverse. It includes some pretty rare instruments and markets, allowing traders to diversify their market exposure. My only gripe is the absence of low-risk securities, such as ETFs and bonds.

Customer Support

Customer Support Channels

Customer Support Test

When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.

I completed my test on 4 June at 15:49 CET via live chat. An agent connected within a minute and generally provided prompt and informative answers, though he seemed to struggle when I inquired about Versus Trade’s inactivity fee.

Deposit and Withdrawal

Versus Trade Deposits

Versus Trade Withdrawals

Account Types and Terms

How to Open an Account with Versus Trade

To open an account with Versus Trade, follow these simple steps:

1. Click ‘Sign Up’ at the top-right corner of the main page.
2. Choose your country of residence.
3. Agree to Versus Trade’s Terms and Conditions.
4. Enter your email and choose a password.
5. Provide your personal details.
6. Complete your investor profile.
7. Confirm your email address and phone number.
8. Upload proof of address and proof of ID to verify your account.

Versus Trade Account Types

The main difference between the Standard and Pro accounts is pricing. The Pro account offers slightly better trading conditions but requires a higher minimum deposit. However, it comes with a 30% margin call, which means there’s a higher risk during market volatility.

In contrast, the Cent account uses a smaller contract size of 10,000 units (compared to 100,000 units in the Standard and Pro accounts). This makes it a great option for beginner traders or those looking to test automated trading strategies with lower risk.

Demo Accounts

Versus Trade offers a demo account that introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment.

Islamic Accounts

Versus Trade offers Islamic accounts for swap-free trading compatible with Shariah law.

What is CFD Leverage?

Leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions, but also the losses incurred from failed trades.

Maximum Leverage By Asset Class

In the table below, I have listed the maximum retail leverage available with Versus Trade for instruments from different asset classes:

Versus Trade Restricted Countries

Versus Trade does not accept as clients residents of the USA, Canada, Iran, Myanmar (Burma), North Korea, Europe, the United Kingdom, Russia, Belarus, or any other jurisdiction where trading with leveraged products is prohibited by law.

Research

Education

The Bottom Line

Versus Trade is an up-and-coming forex and CFD broker established in 2024 and headquartered in Saint Lucia. It offers 170 tradable instruments across currency pairs, commodities, share CFDs, indices, and cryptocurrencies.

Versus Trade stands out with its competitive prices, swap-free trading, and rare cross pairs, allowing traders to exploit unique price correlations. The broker supports the MetaTrader 5 platform and has diverse trading accounts.

Regarding its disadvantages, I discovered that Versus Trade is not licensed or regulated and does not offer research or educational materials.

In conclusion, I determined that Versus Trade is a good choice for swing traders because it does not charge any swaps on some of the industry’s most popular instruments.

FAQ