Trade Verse Forex Broker

Trade VerseBasic Information Registered CountriesUnited States RegulationNot regulated by major authorities Minimum Deposit$500 Maximum LeverageNot disclosed Minimum SpreadNot disclosed (high compared to industry standards) Trading PlatformPC, Mobile Trading AssetsForex, Cryptocurrencies, Binary Options, Futures Payment MethodsAmerican Express, MasterCard, Visa, PayPal, Maestro, Bitcoin Customer Support24/7 via Email, Support Ticket, Social Media Bonus AvailableNo Demo AccountNoTrade Verse Information Numerous trading assets are available at Trade Verse, such as Futures, Cryptocurrencies, Binary Options, and Forex. They offer 24/7 customer service through multiple platforms. Due of its unregulated status, its dependability and safety are questioned.Pros and Cons Pros Cons 24/7 customer serviceNot regulated No deposit/withdrawal feesUnclear fee structure No demo accountIs Trade Verse Legit? Trade Verse is not regulated by any major authority, such as the CFTC (United States), FCA (United Kingdom), or ASIC (Australia). Operating without appropriate regulation raises substantial concerns, since several reports indicate potential scams and difficulty with withdrawals. The domain tradeverseltd.com was registered on November 13, 2023 and will expire on November 13, 2024. It is now active with a clientTransferProhibited status, indicating that it cannot be transferred without authorization.What Can I Trade on Trade Verse? Bitcoin and Ethereum are the two most popular cryptocurrencies offered by this broker, who also offers Forex. Ethereum is used for smart contracts. Binary options, stock options, and futures products are also offered. Tradable InstrumentsSupported Forex✔ Cryptocurrencies✔ Binary and Stock Options✔ Futures✔ Commodities❌ Indices❌ Shares❌ ETFs❌ Bonds❌ Mutual Funds❌Account Types 1. Silver Plan: An entry-level or small-scale investment plan that accepts $500–$4,999. You can make 5% per day and 20% after 4 days. 2. The Gold Plan: It is a good fit for intermediate traders who are looking to invest between $5,000 and $20,000. With daily earnings of 5.71%, it promises a return of 39.97% after 7 days. 3. Diamond Plan: This plan is ideal for experienced traders who have a substantial amount of capital to invest, typically ranging from $20,000 to $100,000. You can expect a 60% return after 10 days and a 6% return every day. 4. Premium Plan: Targeted at high-net-worth individuals or institutional investors, with a minimum investment of $100,000 and a maximum of $500,000. After 14 days, you can expect a return of 90.02% and daily earnings of 6.43%.Trading Platform Trading PlatformSupported Available Devices Suitable for PC✔Desktop, LaptopProfessional traders, advanced analysis Mobile✔Smartphones, TabletsActive traders, traders on-the-goDeposit and Withdrawal This broker does not charge fees for deposits or withdrawals. The minimum deposit required is $500. Payment MethodMin. Deposit/WithdrawalFeesProcessing Time American Express$500 No feesInstant MasterCard$500 No feesInstant Visa$500 No feesInstant PayPal$500 No feesInstant Maestro$500 No feesInstant Bitcoin$500 No feesUp to 1 hourCustomer Service This broker provides 24/7 customer support. The available support methods include email, support ticket system, and social media (Telegram, Facebook, Twitter, LinkedIn). Contact Options Details PhoneNot provided Emailsupport@tradeverseltd.com Support Ticket SystemAvailable via website form Online ChatNot provided Social MediaTelegram, Facebook, Twitter, LinkedIn Supported LanguageEnglish Website LanguageEnglish Physical AddressNew York, USAThe Bottom Line Trade Verse's round-the-clock customer service and zero transaction fees can entice traders. Particularly for novice or long-term traders, the hefty trading fees and absence of regulation make it a risky proposition.FAQs Is Trade Verse safe? Trade Verse is not controlled by any significant financial authority, hence questions regarding its safety. Is Trade Verse good for beginners? The lack of a demo account and excessive trading expenses make Trade Verse not advised for beginners. Is Trade Verse good for day trading? Day trading may not be as suited for the absence of clear knowledge on spreads and commissions.Risk Warning Online trading involves considerable risk, so it may not be suitable for every client.