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Trade Verse Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-30 18:17

Abstract: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.

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 AccountNo

Trade 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.

Trade Verse Information

Pros and Cons

Pros Cons
24/7 customer serviceNot regulated
No deposit/withdrawal feesUnclear fee structure
No demo account

Is 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.

Is Trade Verse Legit?

  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.

Is Trade Verse Legit?

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❌
What Can I Trade on Trade Verse?

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%.

What Can I Trade on Trade Verse?

Trading Platform

Trading PlatformSupported Available Devices Suitable for
PC✔Desktop, LaptopProfessional traders, advanced analysis
Mobile✔Smartphones, TabletsActive traders, traders on-the-go
Trading Platform

Deposit 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 hour

Customer 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, USA
Customer Service

The 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.

  

Related broker

No Regulation
Trade Verse
Company name:Trade Verse LTD
Score
1.44
Website:https://tradeverseltd.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.44

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