Versus Trade is a modern CFD broker launched in 2024 and registered in Saint Lucia. It offers trading across 200+ instruments—including forex, cryptocurrencies, stocks, commodities, indices, and innovative "Versus Pairs" (e.g., Bitcoin vs Gold)—all on MetaTrader 5. With a low $10 minimum deposit, high leverage (up to 1:2000), swap-free/Islamic accounts, and 24/7 multilingual support, it appeals to active and cost-conscious traders. However, its lack of regulatory oversight remains a notable concern.
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Trust & Regulatory Status
7.3
Tradable Instruments
6.2
Fees
6.1
Account Types
7.4
Platform and Tools
5.6
Deposit and Withdrawal
7.1
Customer Support
5.2
Research and Education
5.8
Mobile Trading
6.8
Security
7.2
PROS:
Very low minimum deposit of $10 with no deposit, withdrawal, or inactivity fees
High leverage up to 1:2000 allowing aggressive strategies
Islamic swap-free mode enabled by default for eligible instruments and regions
Fast MT5 execution with ECN/STP model, minimal slippage, supports scalping, hedging, and automated trading
Innovative Versus Pairs CFDs like BTC vs Gold and Amazon vs Alibaba
24/7 multilingual customer support above industry average
Quick and simple registration with KYC often completed within ~10 minutes
CONS:
Not regulated by any Tier-1 authority
Lacks proprietary education or research resources and has no integrated news or economic calendar
No social trading, PAMM, or advanced in-house analytics
MT5-only access with no proprietary platform or webtrader
InstaForex has over 7 million clients and has been in operation since 2007. offering CFD trading to clients through forex, stocks, indices, commodities, futures and crypto this broker has made a name for themselves over the years and is a favorite amongst many retail traders. This review takes a closer look at this broker and what they offer.
As a global powerhouse in the online brokerage industry, Deriv, with its diverse asset offerings and commitment to user-centric services, has carved a niche for itself in the world of trading. This review delves into the intricate workings, offerings, and operations of Deriv, leaving no stone unturned to give you a comprehensive understanding of this reputable broker.
★★★★★
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Trust
5
Fees
5
Platforms and Tools
7
Customer Support
4
Tradeable Instruments
5
Account Types and Terms
5
Deposit and Withdrawals
5
Research and Education
5
PROS:
Wide range of trading assets
Multiple trading platforms to suit various trading styles
Free API for developing a personalized trading platform
Provides a variety of account types
Global presence with offices worldwide
Compliant with international financial regulations
Offers partnership programs like the Affiliate and IB programs
Innovative Bug Bounty program for security enhancement
The payment Agent program offers an additional revenue stream
24/7 customer service
CONS:
No deposit bonuses or similar promotions
Some information is not readily available or transparent
The commission structure in IB program could be clearer
Specific information on Deriv MT5 commission plans is not disclosed upfront
Limited regional availability for certain programs (like CPA for EU only)
The payment Agent program is limited to servicing clients in the agent's country of residence
Minimum balance requirement during Payment Agent application review
Some restrictions on Payment Agent's clients based on residency
Limited information on the Bug Bounty program's reward system
AxiCorp Financial Services Pty Ltd was established in 2007. They are an Australian online broker that deals in forex and CFDs and is regulated by three highly reputable authority commissions, including ASIC, FCA, and DFSA. They also boast of having over 60,000 traders that span more than 100 countries worldwide. What else do they offer?
★★★★★
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Trust
7
Fees
7
Platform and Tools
5
Customer Support
6.9
Tradeable Instruments
6
Account Types and Terms
6
Deposit and Withdrawal
8
Research and Education
7
PROS:
Very low forex fees
No withdrawal or deposit fees
Creating an account is fully digital
Regulated by three authorities
Deposit insurance and compensation plans are available
A typical range of tradable instruments on offer
CONS:
Demo account is only available for 30 days
Users have experienced problems withdrawing funds
The account verification is complicated and drawn out
In operation since 2014, Olymp Trade has established itself amongst one of the most popular online brokers even having Ronaldinho (retired Brazilian Footballer) on their sponsorship roll. They have millions of clients and have had their mobile app downloaded over 44 million times. Let's look into this broker and see if their services, features, and fees are inline with massive popularity they have.
HFM, formerly known as HotForex, is a well-established forex and commodities broker that has been operating since 2010. Catering to both retail and institutional clients, HFM caters to a wide range of clientele, and offers diverse trading platforms, and tools to support traders of all levels. Let's see how their rebranding has had an effect and what they offer.
★★★★★
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Trust
7.5
Fees
6.5
Platforms and Tools
6.5
Customer Support
4.5
Tradeable Instruments
6.1
Account Types and Terms
6.8
Deposit and Withdrawals
5
Research and Education
7
PROS:
Well-regulated by reputable authorities (FSCA, CySEC, and FCA)
Offers MetaTrader 4 and MetaTrader 5 trading platforms
Wide range of trading instruments (forex, commodities, indices, cryptocurrencies)
Multiple account types to cater to different traders' needs
Competitive fees and spreads
Comprehensive educational resources for beginners and experienced traders
Responsive customer support via Email, phone, and live chat (region-based)
Attractive promotions and bonus offerings
Loyalty program for active traders
CONS:
Not available in certain countries due to regulations and restrictions
No "Contact Us" page on the website, which might deter some clients
Some promotions have complex terms and conditions
Limited customer support channels for certain regions
TP Trade is one of the new brokers that has not been operating for long and may not be well-known yet. With a variety of asset trading services, which when viewed from the overall picture, there is still a lot of information for us to delve into, but which will be updated in this review.
IUX is a FOREX CFD trading broker that was established in 2016 and currently has over 180,000 users worldwide. It supports 10 languages including Thai. It has a modern and attractive website to use. The details and advantages are clearly visible from the first page of the website. In addition, IUX is a fast-growing and popular broker in Thailand.
Exness is a regulated trading platform in operation since 2008. It offers access to a wide range of assets and competitive fees which are ideal conditions in forex trading. Interested in signing up? Before you do, read our Exness review and find out more about the broker's pros, cons, how to trade, product offerings and more.
★★★★★
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Trust
9
Fees
7
Platform and Tools
7.9
Customer Support
6
Tradeable Instruments
7
Account Types and Terms
7
Deposit and Withdrawal
9
Research and Education
7
PROS:
Free VPS hosting
Instant withdrawal of money 24/7 depending on the method used
Segregated accounts
Swap-Free/Islamic Account Provided
High Maximum Leverage
Narrow spreads
Multiple trading platforms: MT4, MT5, MultiTerminal, mobile platform
CONS:
24/7 customer support only available in some languages
