Versus Trade Broker Review 2026: All you need to know

• Standard Account: This is the most popular and versatile choice, suitable for all trading styles, from beginners to professionals.
• Cent Account: For those who want to trade micro lots, this account is ideal for testing strategies, utilizing Expert Advisors (EAs), or transitioning from a demo to live trading. It allows traders to manage smaller positions and gain real-market experience trading Forex and metals with minimal risk.
• Pro Account: Designed for experienced traders interested in scalping, day trading and algorithmic trading. The account offers ultra-low spreads and zero commissions, providing advanced trading conditions for those who demand tighter pricing and more competitive execution.
• Raw Spread Account: Catering to experienced traders who prioritize minimal spreads and direct access to institutional liquidity, offering ultra-tight pricing with transparent commission fees. This account is suited for scalpers, high-volume traders, and algorithmic strategies that require maximum cost efficiency and professional execution.

• Demo Account: Versus Trade offers a free demo account available for Pro and Standard account types, featuring a $10,000 virtual balance and access to all the same features and instruments as live trading.
• Islamic (Swap-Free) Account: Versus Trade Islamic accounts are swap-free trading accounts designed for Muslim clients who require full Sharia compliance.

Note: Accounts with Versus Trade that are registered from Islamic countries are automatically granted swap-free status. This means that no swap charges are ever applied to overnight positions across all trading instruments.

Costs and fees vary depending on the account chosen, with the Raw Spread and Pro accounts offering particularly competitive rates on major currency pairs and Gold.

Spreads and Commission:

• For the Pro Account, average spreads start from 0.8 pips on major currency pairs, 1.0 pips on minors, 3.0 pips on exotics, 1.2 pips on Gold, 0.2 pips on Oil, and 246.4 pips on BTC/USD.
• The Raw Spread Account average spreads start from 0.1 pips on major currency pairs, 0.7 pips on minors, 2.2 pips on exotics, 0.6 pips on Gold, 0.2 pips on Oil, and 246.4 pips on BTC/USD. In addition, a commission of $6.00 per lot per round turn is charged for major assets, such as Forex, Gold, and Oil, with further competitive rates available for indices, other energies, and select metals.
• The Standard Account offers average spreads from 1.4 pips on both majors and minors, 4.1 pips on exotics, 1.9 pips on Gold, 0.4 pips on Oil, and 347.2 pips on BTC/USD.
• The Cent Account features spreads similar to the Standard Account, with majors and minors from 1.4 pips, and Gold from 1.9 pips.
• Pro, Standard, and Cent accounts are commission-free.

Swap/Rollover fees:

Rollover fees apply to overnight positions and vary depending on the traded instrument:

• Forex: The majors do not attract overnight swap fees. However, some of the minors and all exotics do.
• Commodities: Gold (XAU/USD), Natural Gas (NGAS) and Crude Oil (WTI) do not incur swap fees, but all other commodities do charge fees.
• Stocks: Almost all stocks charge overnight fees.
• Indices & Versus pairs: Swaps are not applied to these trading instruments.
• Detailed swap rates are published on their website once you have selected the asset you wish to look at. For example, Forex swap rates can be found here.

Inactivity fees:

• Versus Trade reserves the right to apply a fee if an account remains inactive after 90 days. However, the details of these fees are still being finalized, and users will be informed in advance of their implementation.

Deposit and Withdrawal Fees:

• No deposit or withdrawal fees are charged for any payment method.

Versus Trade accepts a range of payment methods, including local bank transfers, major credit cards (Visa and Mastercard), e-wallets such as TrueMoney, Perfect Money, DANA, OVO, and MOMO, as well as various cryptocurrency options.

Minimum deposit: The minimum deposit required to open an account varies by account type and ranges from $10 to $100 USD. When making your first deposit or adding funds to your accounts, it''s important to note that specific payment methods have minimum transfer amounts that can differ depending on the currency and payment methods used, for example, using local bank transfers:

• Malaysian Ringgit (MYR) - 44 MYR.
• Vietnamese Dong (VND) - 255,200 VND.
• Thai Baht (THB) - 10 THB, but most payment methods have a minimum of 338 THB.
• Indonesian Rupiah (IDR) - 162,520 IDR.

Currencies accepted for deposits (and withdrawals):

• Fiat (e-wallets, card payments & local bank transfers): USD, MYR, VND, THB, and IDR.
• Cryptocurrency: Tether (USDT), USD Coin (USDC), Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), TRON (TRX), Binance Coin on Binance Smart Chain (BNB-BSC) and Litecoin (LTC).

Processing times:

• E-payments, local bank transfers and cards: Instant to 2 days.
• Crypto is typically instant to 30 minutes.

User Experience:

In our experience, depositing funds was fast and straightforward, and we completed it directly within the dashboard with almost instant verification. The process required just a few clicks, using Coinbuy as the payment provider.

Versus Trade offers a range of options for withdrawing funds from the trading account, including local bank transfers, e-wallets such as TrueMoney, Perfect Money, DANA, OVO, and MOMO, as well as various cryptocurrency options. Withdrawals are protected by one-time password verification methods, guaranteeing safety and security.

Minimum withdrawal: The minimum withdrawal amounts are the same as the deposit amounts, varying depending on the payment method chosen to complete the withdrawal.

Processing times:

• E-payments and local bank transfers: Instant to 2 days.
• Crypto is typically instant to 30 minutes.
• Bank cards are processed instantly, although it may take up to 30 days for the transaction to be reflected in your bank account.

User Experience:

Withdrawing funds from Versus Trade was a quick and seamless experience with no fees involved. Initiating the withdrawal was simple, requiring only a wallet address to start the process, as the withdrawal was made using crypto.

After submitting the withdrawal request, approval was granted within 10 minutes and the funds arrived in our account just a few minutes later. The whole transaction was completed in under 14 minutes, with email notifications confirming each step. Overall, the withdrawal experience was efficient, user-friendly, and provided near-instant access to funds.

Versus trade offers a 100% deposit bonus that doubles the available margin for trading of up to $500 USD. They also offer a partnership program where Introducing Brokers (IBs) can earn a commission from their clients' trading. Introducing Broker commission is paid once per day for their clients' closed orders.

• Key Considerations: Participants need to review the terms and conditions, as brokers may periodically update or modify their bonuses and affiliate programs.

The range of instruments varies by account, with the Cent account offering access to Forex and metals, and the Standard, Pro and Raw Spread accounts offering:

• Forex: 77.
• Stocks: 57.
• Indices: 15.
• Metals: 7.
• Energies: 3.
• Crypto's: 7.
• Versus Pairs: 11.

The minimum lot size varies depending on the type of account opened and the assets traded.

• Forex:
• Minimum trade size: 0.01 lot (1,000 units) on Standard, Pro and Raw Spread accounts.
• Cent accounts: 1 lot = 1,000 units (cent lots).
• Volume increments: 0.01 lot steps.
• Indices and Commodities:
• Minimum trade size: typically 0.01 lot.
• Contract sizes vary by instrument (e.g., 1 lot of Gold equals 100 ounces).
• Volume increments: 0.01 lot.
• Cryptocurrencies:
• Minimum lot sizes vary by asset (e.g., BTC/USD from 0.01 lots, ETH/USD from 0.1 lots, XRP/USD from 10 units).
• Contract sizes reflect the underlying asset price and units.
• Stocks:
• Minimum trade size: 1 share.

Versus Trade offers higher leverage options than you would find with many regulated brokers. Because strict regulatory caps do not limit them, traders have more flexibility to choose the leverage level that suits their trading style and risk tolerance.

• Forex: 2000:1.
• Metals: 2000:1.
• Energies: 200:1.
• Indices: 500:1 (some at 200:1).
• Cryptos: 500:1 (BTC/USD and ETH/USD). Other Crypto 200:1.
• Stocks: 40:1.
• Versus Pairs: 100:1 (some at 20:1).

The maximum leverage available on your account depends on your equity:

With Versus Trade, your trades are executed directly to market, allowing you to interact with real-time market prices in a transparent ECN environment. The platform combines liquidity from several top providers, which means your orders are filled quickly and at the best prices available at the time.

Versus Trade does not interfere with your trade prices, which come straight from their liquidity partners. Order execution is easy, and traders can choose from market or limit orders. Trailing stops are also available directly with MT5, while advanced order types, such as OCO and OSO, can be set up manually or by using custom Expert Advisors (EAs) on the platform.

User Experience:

We placed multiple trades across different asset classes during the London and New York sessions. During this time, we did not encounter any problems with the trades placed. All trades were executed as planned.

During testing, there was generally no slippage, with trades executed at the exact prices, even with crypto volatility. On the odd occasion when we did experience slippage, it was minor and in both directions. In the MT5 app, trades were executed as expected with no problems, fast execution, and no requotes. The connection when using the app was stable.

• Versus Trade allows for hedging, scalping and also algorithmic trading.

Versus Trade offers trading exclusively through MetaTrader 5 (MT5), which can be used on your desktop, web browser, or mobile device. MT5 features a robust suite of charting and analysis tools, as well as support for automated trading. The platform is easy to use, and you can customize its appearance to suit your style. It works smoothly and is simple enough for beginners, while also offering a range of features for more experienced traders.

• Versus Trade offers copy trading services so traders can automatically replicate the trades of others through their MT5 platform. While it supports several copying models (multiplier, fixed volume, auto-scale, lot-proportional) and it includes risk-management tools, the system is in its infancy and thus the number of followers is limited.
• Additionally, Versus Trade does not provide PAMM (Percentage Allocation Management Module) or MAM (Multi-Account Manager) accounts.

• Versus Trade has developed its academy as a platform for educational content. Registered users can download a free trading guide that provides insightful content, particularly for beginners. Beyond the guide, there isn't any other resource.

• Versus Trade provides a built-in Economic Calendar powered by TradingView which displays all main economic events important for traders. The calendar, which offers advanced features, is integrated to the trading platform so users can monitor data releases without leaving their trading interface.
• Versus Trade provides a News Feed, also powered by TradingView, which includes real-time news about different asset classes from reputable sources such as Refinitiv and Dow Jones.

• Low-Tier Regulation:
  • Versus Trade is authorized and regulated by the Financial Services Commission (FSC) of Mauritius.

• Versus Trade claims to provide negative balance protection, ensuring that clients cannot lose more than the funds available in their trading accounts.
• The broker also keeps client funds securely in segregated accountsheld with multiple tier-1 banks, providing enhanced protection and reassurance for traders.

Versus Trade was established in 2024, so there is limited independent feedback and no established reputation on major review aggregators. The few users who have shared commentary tend to highlight the platform's low spreads, fast execution, and straightforward deposit and withdrawal processes. We also share these thoughts based on our experience after testing the platform and its trading capabilities using MT5 on both the mobile app and desktop.

However, some users remain cautious due to Versus Trade being a relatively new broker without a long operational history. Earlier reviews were based on the absence of strong regulatory backing, but this has since changed as Versus now holds a tier-3 regulatory license. While early feedback is mostly positive, especially regarding trading costs and platform usability, Versus Trade's reputation is still in the process of being established, and prospective clients may wish to consider its limited history and current regulatory status when evaluating the broker.

Versus Trade makes it easy to get help whenever you need it, offering 24/7 customer support through live chat (including a Bot service) on their website.

Straightforward enquiries are answered using the chatbot by selecting from a range of options, with the ability to transfer to a live agent if necessary. They also offer email support ([email protected]), as well as support on Facebook and Instagram.

The website is available in eight languages: Thai, Vietnamese, Bahasa Malay, Arabic, Bahasa Indonesian, Hindi, Urdu, and English. However, it is not clear how many languages customer support is available in through their live chat or other channels.

Versus Trade’s customer support is friendly, helpful, and generally quick to respond, based on our experience, whether you reach out through live chat or email. The team provided us with answers to all our questions regarding account options, withdrawals, regulations, and platform availability. They're transparent about what they currently offer and where they’re still developing, such as educational resources.

Most queries are answered promptly, with live chat responses often being immediate and email replies usually arriving within minutes to hours, depending on the time of contact. Overall, traders can expect a positive and supportive experience when contacting Versus Trade’s customer service.

The website features a modern and gamified design, characterized by a clean black aesthetic and vibrant accents. We found the website easy to use and navigate, thanks to its simple menus that make essential information, such as account types and legal documents, readily accessible.

The webpages load quickly and the layout is straightforward, so it's easy to find what you need. The site features helpful FAQs, but lacks many additional features. While it works well and is pleasant to use, it is not particularly innovative.

Versus Trade does not have a proprietary app. Instead, to access your account, you use the official MT5 mobile app and log in to your Versus Trade account.

The app is available on iOS and Android, offering comprehensive features including push notifications, full order management, advanced charting, and account synchronization. Biometric security is available on some devices.

We found that you can manage positions and place orders using the app. However, for a full market analysis, our preference would be to use a desktop application or Web Terminal.

Opening an account with Versus Trade is a quick and straightforward process. In our experience, it took less than 10 minutes from start to finish.

You start by selecting your country of residence and agreeing to the Client Agreement. Next, you are asked to provide your email address and set a password to create your account. Unlike many brokers, you complete your personal details in the client portal after your account is already open.

The identification (ID) verification process, in our experience, was speedy, taking a few minutes for both ID and proof of address checks. To confirm identification, you will need an official document, such as a passport or national identification card.

For proof of address, you can use a variety of documents, such as a utility bill, bank statement, driver’s license, or other official paperwork that shows your address. After that, you will be asked to complete an investment profile and confirm your phone number and email.

Once everything is verified, you will be able to deposit funds and start trading.