Versamind has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". Versamind is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: versamind.io.
Versamind has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: No hidden fees|Tax reports included|Customizable dashboard
Cons: Limited cryptocurrency options
Versamind offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Dividend tracking|Helpful community forum|Easy withdrawals|Instant funding
Cons: Charting tools need more indicators|Limited demo account features