Versus Trade is making waves in the Malaysian trading landscape as a cutting-edge CFD broker that caters to both seasoned traders and ambitious partners. This Versus Trade review will delve into the broker’s unique offerings, regulatory status, and key features that set it apart in the competitive world of online trading.
Regulation and Security
When considering whether Versus Trade is safe, it’s essential to examine its regulatory status and security measures. Versus Trade Ltd is officially registered in Saint Lucia under registration number 2024-00586. While this offshore registration might raise eyebrows for some, the company demonstrates its commitment to compliance by adhering to strict Anti-Money Laundering (AML) and Know Your Customer (KYC) policies.
To further enhance its credibility, Versus Trade is actively pursuing a license from the Financial Services Commission (FSC) in Mauritius. This move signals the broker’s intention to operate under a more recognized regulatory framework, potentially increasing trust among Malaysian traders.
Security-wise, Versus Trade implements several measures to protect client funds and data:
- Segregated accounts: Client funds are held separately from company accounts
- Encryption protocols: Advanced security measures protect personal and financial information
- Negative balance protection: Safeguards traders from losing more than their account balance
Account Types
Versus Trade offers a diverse range of account types to suit different trading styles and experience levels:
- Cent Account: Ideal for beginners with low minimum deposit requirements
- Standard Account: Flexible conditions for general trading needs
- Standard Plus Account: Enhanced features for more experienced traders
- Pro Account: Lower spreads tailored for professional traders
- Raw Spread Account: Tight spreads with commission-based pricing
Additionally, Versus Trade provides Islamic accounts, catering to Muslim traders who require swap-free trading in compliance with Sharia law. This feature, combined with the no-swap program available to all traders, demonstrates the broker’s commitment to inclusivity and flexibility.
| Account Type | Minimum Deposit | Spread | Commission |
| Cent | $10 | From 1.2 pips | $0 |
| Standard | $10 | From 0.2 pips | $0 |
| Standard Plus | $50 | From 0.1 pips | $0 |
| Pro | $100 | From 0.1 pips | $0 |
| Raw Spread | $100 | From 0.0 pips | Up to $3 per lot |
Trading Platforms
Versus Trade primarily offers the MetaTrader 5 (MT5) platform, which is widely recognized for its advanced charting tools, technical indicators, and automated trading capabilities. While the limited platform options might be seen as a drawback in this Versus Trade review, the broker compensates by providing:
- Desktop version of MT5 for Windows and macOS
- Mobile MT5 apps for iOS and Android devices
- Web-based MT5 platform for trading without downloads
The broker is also developing a proprietary mobile application that will allow users to manage their accounts, make deposits and withdrawals, and execute trades directly from their smartphones.
| Platform Type | Features |
| MT5 Desktop | Advanced charting, Expert Advisors, Market Depth |
| MT5 Mobile | On-the-go trading, push notifications, full account management |
| MT5 Web | No download required, cross-platform compatibility |
Key Features
Versus Trade distinguishes itself with several innovative features:
- Versus Mechanism: This unique trading feature allows traders to speculate on the performance of one asset against another, such as Bitcoin vs. Gold. This adds a new dimension to traditional CFD trading.
- High Leverage: With leverage up to 2000:1 for forex pairs and 500:1 for indices and cryptocurrencies, Versus Trade offers some of the highest leverage ratios in the industry. While this can amplify profits, it’s crucial for traders to understand the associated risks.
- ECN/STP Execution: The broker provides direct market access with no dealing desk intervention, ensuring fast and transparent order execution.
- Competitive Spreads: Versus Trade offers tight spreads starting from 0.0 pips on Raw Spread accounts, making it attractive for scalpers and high-frequency traders.
- 24/7 Deposits and Withdrawals: The broker processes financial transactions around the clock, providing convenience for traders in different time zones.
Partner Program
Versus Trade’s Introducing Broker (IB) program is designed to be highly competitive, offering:
- Multi-level partnership structure
- Daily payouts with no minimum volume requirements
- Commissions up to 60% of trading fees
- Marketing support and promotional materials
This program is particularly appealing for Malaysian partners looking to build and grow their trading networks.
| Partner Level | Commission Rate | Payout Frequency |
| Standard IB | Up to 40% | Daily |
| Master IB | Up to 50% | Daily |
| VIP IB | Up to 60% | Daily |
Pricing and Fees
Versus Trade aims to provide transparent pricing with competitive spreads and minimal fees:
- Spreads start from 0.0 pips on Raw Spread accounts
- No commission on Standard accounts
- Free deposits and withdrawals on most payment methods
The broker’s fee structure is designed to be straightforward, with no hidden charges, making it easier for traders to calculate their costs accurately.
User Experience
The user experience at Versus Trade is characterized by:
- Intuitive MT5 interface with customization options
- Fast order execution with low latency
- Responsive customer support available 24/7
- Multi-language support, including English and Malay
The broker’s focus on system stability and user-friendly interfaces contributes to a smooth trading experience for Malaysian traders.
Conclusion
In conclusion, this Versus Trade review reveals a broker that combines innovative features with competitive trading conditions. The high leverage, tight spreads, and unique Versus Mechanism set it apart in the Malaysian market. While the limited platform options and offshore regulation may be concerns for some, the broker’s commitment to security and ongoing pursuit of additional licensing demonstrate its dedication to building trust.
Versus Trade appears to be a promising option for Malaysian traders seeking a modern trading environment with advanced features. However, as with any financial decision, potential clients should carefully consider their trading goals and risk tolerance before opening an account.
FAQ
Q: Is Versus Trade safe for Malaysian traders?
A: While Versus Trade is not currently regulated by Malaysian authorities, it adheres to strict AML and KYC policies. The broker is pursuing additional licensing and implements security measures such as segregated accounts and encryption protocols to protect client funds and data.
Q: What are the minimum deposit requirements for Versus Trade accounts?
A: The minimum deposit varies by account type. Cent and Standard accounts can be opened with as little as $10, while Pro and Raw Spread accounts require a minimum deposit of $100.
Q: Does Versus Trade offer Islamic accounts for Malaysian Muslim traders?
A: Yes, Versus Trade provides Islamic accounts that are swap-free and compliant with Sharia law. Additionally, the broker offers a no-swap program for all traders, regardless of their religious beliefs.