Versus Trade broker Accounts

versus trade Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: versus trade Account Types Overview

versus trade Account Types Explained

Versus Trade offers several account types tailored to different trading needs and experience levels. Below is a detailed overview of each account type, including their features and target user profiles.

1. Standard Account

• Minimum Deposit Requirement: $10
• Spread/Commission Structure: From 0.4 pips, commission-free
• Leverage Options: Up to 1:2000
• Key Features: Full market access, suitable for all trading styles
• Target User Profile: Beginners to intermediate traders
• Trading Instruments Available: Forex, metals, cryptocurrencies, energies, stocks, indices, Versus pairs

2. Pro Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: From 0.2 pips, commission-free
• Leverage Options: Up to 1:2000
• Key Features: Designed for experienced traders, ultra-low spreads
• Target User Profile: Advanced traders and scalpers
• Trading Instruments Available: Forex, metals, cryptocurrencies, energies, stocks, indices, Versus pairs

3. Raw Spread Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: From 0 pips, up to $3.00 commission per lot
• Leverage Options: Up to 1:2000
• Key Features: Full control over trades, ideal for scalping
• Target User Profile: Active traders and algorithmic traders
• Trading Instruments Available: Forex, metals, cryptocurrencies, energies, stocks, indices, Versus pairs

4. Islamic Account

• Minimum Deposit Requirement: $10 (Standard) / $100 (Pro/Raw Spread)
• Spread/Commission Structure: Same as respective standard accounts
• Leverage Options: Up to 1:2000
• Key Features: Swap-free trading in compliance with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Same as respective standard accounts

5. Demo Account

• Minimum Deposit Requirement: None (virtual balance)
• Spread/Commission Structure: Simulates real market conditions
• Leverage Options: Up to 1:2000
• Key Features: Risk-free practice environment
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, metals, cryptocurrencies, energies, stocks, indices, Versus pairs

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate: Standard Account, Pro Account
• Advanced: Pro Account, Raw Spread Account

Part 2: versus trade Account Features Comparison

Detailed versus trade Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: $10

• Pro: $100

• Raw Spread: $100

• Islamic: $10 (Standard) / $100 (Pro/Raw Spread)

• Demo: None

• Maximum Leverage:

• All accounts: Up to 1:2000

• Spreads (Typical/Minimum):

• Standard: From 0.4 pips

• Pro: From 0.2 pips

• Raw Spread: From 0 pips

• Commission Fees:

• Standard: None

• Pro: None

• Raw Spread: Up to $3.00 per lot

• Lot Size:

• Minimum lot size for all accounts: 0.01

• Maximum lot size for all accounts: 200

• Available Trading Platforms:

• All accounts: MetaTrader 5

• Execution Type:

• All accounts: Market execution

• Islamic Account Availability:

• Available for all account types

• Swap-Free Options:

• Available for all accounts under the Islamic account feature

• Demo Account Features:

• Virtual balance for practice, no time limit on usage

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• Suitable for all trading styles

• Commission-free trading

• Pro Account:

• Ultra-low spreads

• Ideal for experienced traders

• No commission fees

• Raw Spread Account:

• Tightest spreads available

• Full control for scalpers

• Dynamic trading conditions

• Islamic Account:

• Complies with Sharia law

• No overnight fees

• Available across all account types

• Demo Account:

• Risk-free environment

• Ideal for skill development

• No financial commitment

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to Pro and Raw Spread accounts

• Pro Account:

• Higher minimum deposit compared to Standard

• Raw Spread Account:

• Commission fees can add up for frequent traders

• Islamic Account:

• Limited to Muslim traders

• Demo Account:

• No real profits can be withdrawn

• Limited to virtual trading experience

Part 3: versus trade Account Opening Requirements

versus trade Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Available globally, but may have restrictions based on local regulations
• Prohibited Countries: Specific countries may be restricted from opening accounts; check with Versus Trade for details
• Identity Verification Documents Needed: Government-issued ID (passport or national ID)
• Proof of Residence Requirements: Utility bill or bank statement with the applicant's name and address
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial status

KYC/AML Compliance Procedures

• Versus Trade adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, requiring identity verification before account activation.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.

Part 4: versus trade Account Opening Process

Step-by-Step versus trade Account Opening Guide

1. Visit Website and Click Registration: Go to the Versus Trade homepage and select the registration option.
2. Personal Information Entry: Fill out the required personal information, including name, email, and phone number.
3. Choose Account Type: Select the desired account type from Standard, Pro, Raw Spread, or Islamic.
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload the necessary identification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Once verified, deposit funds into your account using available payment methods.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though mobile may offer a more streamlined experience.

Common Registration Issues and Solutions

• Issue: Document rejection due to poor quality.
• Solution: Ensure all documents are clear and legible before uploading.
• Issue: Delays in verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• To change account types, users must open a new account as existing accounts cannot be converted.

Part 5: versus trade Demo Account Information

versus trade Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies.
• Allows users to explore the trading platform without financial risk.

How to Open a Demo Account

• Register for a personal area on the Versus Trade website and select the demo account option.

Demo Account Limitations

• Profits made are not real and cannot be withdrawn.
• Limited to virtual trading experience.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.

Duration/Expiry of Demo Accounts

• There is no time limit on the demo account; users can practice as long as needed.

Part 6: versus trade Islamic Account Details

versus trade Islamic Account Details

• Swap-Free/Islamic Account Availability: Available for all account types.
• Eligibility Requirements: Must be a Muslim trader.
• Differences from Standard Accounts: No overnight fees or swaps.
• How to Apply for Islamic Account: Select the Islamic account option during registration.
• Restrictions or Special Conditions: Must comply with Sharia law.

FAQs – versus trade Account Types & Opening

1. What account types does versus trade offer？

• Versus Trade offers Standard, Pro, Raw Spread, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $10, Pro: $100, Raw Spread: $100, Islamic: $10 (Standard) / $100 (Pro/Raw Spread), Demo: None.

1. How long does versus trade account verification take？

• Account verification typically takes 1-3 business days.

1. Does versus trade offer demo accounts？

• Yes, Versus Trade offers a demo account for risk-free practice.

1. Can I have multiple account types with versus trade？

• Yes, users can open multiple account types, but existing accounts cannot be converted.

1. Does versus trade offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available for all account types.

1. What documents do I need to open a versus trade account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• No, you cannot change an existing account type, but you can open a new account.