Versus Trade

Is Versus Trade safe and legit？ Full review

Versus Trade is a United Kingdom broker established in 2024 and regulated by The Financial Services Commission (FSC) of Mauritius. Opening an account is easy and completely digital, and traders can choose from six account types — Raw, Pro, Standard, Cent, Islamic, and Demo — with minimum deposits starting at $10 and maximum leverage of up to 1:2000. The trading platform is MT5, covered by a full MT4/5 license, while iOS, Android, Windows, macOS, Web, and other applications are not supported. Customer service is available in five languages, although response times may be lengthy. Its main advantages are its regulated status, its full MT4/5 trading platform license, and its multiple account types; the main drawbacks are multiple disclosures, the absence of biometric login (such as fingerprint or Face ID), and slow customer support responses.

Basic Information

Regulatory Compliance and Security

Versus Trade is regulated by The Financial Services Commission (FSC) of Mauritius, and its regulatory status is fully compliant (States: 600), with a safety level of Level 1. The firm is registered under regulation number GB25204646.

Account Type

Versus Trade offers 6 types of accounts:

Trading software

Versus Trade uses the MT5 trading platform and holds a full license for MT4/5. This review uses the MT5 trading platform, which is highly customizable, available in multiple languages, and has clear expense reports. It has a good search function but lacks two-step login and biometric authentication. The software experience is rated Perfect. The platform does not support iOS, Android, Windows, macOS, Web, or other applications.

MT4/5 Server Distribution:

• VersusTrade-Live1 (MetaTrader 5) — Singapore
• VersusTrade-Live1 (MetaTrader 5) — China Hong Kong
• VersusTrade-Live1 (MetaTrader 5) — United Kingdom

Customer Service

Versus Trade's customer service supports 5 languages. You can contact them via email, X, Facebook, Instagram, and LinkedIn for answers to most inquiries; however, please note that response times may be lengthy.

⚠️ Note: Most users can receive a response, but the waiting time is relatively long.

Influence

Versus Trade has an influence rating of C, with an average influence index of 5.78, and its influence is mainly distributed across Brazil, Germany, Spain, the United Kingdom, Indonesia, India, Malaysia, the Philippines, Pakistan, and Thailand.