- What is XS?
- XS Pros and Cons
- Is XS Safe or a Scam?
- Leverage
- Accounts
- Instruments
- Fees
- Spreads
- Deposits and Withdrawals
- Trading Platform
- Customer Support
- Education
- Conclusion
Our Review Method
- 55Brokers Financial Experts with over 10 years of experience in Forex Trading check all trading conditions, regulations and licenses, fees, spreads, platforms, customer service, and placed traders to see proposals fully to give expert opinion about XS.
What is XS?
XS is a multiregulated brokerage company providing access to traders with multiple asset classes including Forex, Shares, Indices, Metals, Commodities, Cryptos, and Energies. In addition to offering of quite wide range of assets, the broker provides competitive trading conditions, flexible funding options, and access to popular MetaTrader trading platforms.
XS Group has entities authorized and regulated in different countries around the world, including Australia, Cyprus, and Seychelles. As we found along the development of the company further additional two entities been opened in South Africa nd Malaysian Labuan, in result bringing better exposure of XS Trading offering worldwide.
The regulatory bodies ASIC in Australia, CySEC in Cyprus, and FSA in Seychelles oversee the financial services in their respective jurisdictions and ensure that companies operating within their jurisdiction comply with applicable regulations and guidelines.
XS Pros and Cons
Based on our research, XS has both positive and negative aspects to consider when evaluating the company and choosing Broker to trade. For the pros, the broker offers reliable and user-friendly trading platforms, including MT4 and MT5, as well as proprietary web and mobile traders. Additionally, broker provides a wide range of trading instruments at competitive prices and spreads. Besides we found Bbroker competitive in covering international trading and wide proposal overall.
For the cons, the trading conditions may vary depending on the entity, which could result in higher trading costs for some clients. Traders may also have access to a limited range of trading instruments and markets, depending on the entity they are registered with and the account types.
| Advantages | Disadvantages |
|---|
| ASIC, CySEC, FSCA regulation | Trading conditions might vary based on the entity |
| Available for European and international traders | No comprehensive education available |
| Account segregation | International Trading via offshore entities |
| MT4 and MT5 platforms | |
| Negative balance protection | |
| Competitive fees and spreads | |
| White label solution | |
| Variety of funding methods | |
| 24/7 customer support | |
XS Review Summary in 10 Points
| 🏢 Headquarters | Cyprus, Australia, Seychelles |
| 🗺️ Regulation | ASIC, CySEC, FSA |
| 🖥 Platforms | MT4, MT5, XS Web Trader, XS Mobile Trader |
| 📉 Instruments | Forex, CFDs on, Shares, Indices, Metals, Commodities, Cryptos, Energies |
| 💰 EUR/USD Spread | 0.7 pips |
| 🎮 Demo Account | Available |
| 💳 Minimum Deposit | $200 |
| 💰 Base Currencies | EUR, USD, GBP |
| 📚 Education | Provided |
| ☎ Customer Support | 24/7 |
Overall XS Ranking
With our findings, the broker provides a secure and reliable trading environment, as well as competitive pricing for its trading instruments. As a result, it can be considered a good trading broker overall for various size or experienced traders.
- XS Overall Ranking is 8.5 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry-leading brokers.
| Ranking | XS | TopTrader | XGLOBAL Markets |
|---|
| Our Ranking | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
| Advantages | Trading Conditions | Trading Products | Spreads |
XS Alternative Brokers
While XS offers competitive pricing and trading solutions, there are other brokers in the market that provide relatively similar services. Therefore, we have conducted a thorough analysis and compiled a list of XS’s top competitors that you would like to consider.
Is XS Safe or Scam?
No, XS is not a scam. It is a secure and well-regulated broker that follows the strict rules and guidelines established by reputable regulatory bodies ASIC and CySEC. As company grows another entities also hold reputable Africa FSCA license and international LFSA in Labuan.
Is XS Legit?
Yes, XS is a legit and regulated broker that holds licenses in every jurisdiction it operates incuding Forex top-tier licemces.
Compliance with the regulatory requirements enhances the safety and confidence of traders who tend to trade with XS, also makes XS a safe choice to trade.
See our conclusion on XS Reliability:
- Our Ranked XS Trust Score is 9out of 10 for the good reputation, top-tier licenses, constant improvement along the time of operation and good regulatory oversight overall. The only point is that regulatory standards and protection vary based on the entity.
| XS Strong Points | XS Weak Points |
|---|
| Negative balance protection | None |
| Funds protection | |
| Segregated accounts | |
| Investors Compensation Fund (ICF) | |
How Are You Protected?
We found that XS is committed to ensuring the safety and security of its clients’ funds by segregating them from the firm’s accounts and avoiding their use for operational purposes. Our investigation has also revealed that the broker offers several protective measures, including negative balance protection during times of market turbulence and Investor Compensation Fund Protection, to provide additional assurance for traders’ accounts.
Yet, the regulatory framework is different in each jurisdiction therefore the layers of protection vary too.
Leverage
While leverage is a helpful tool that allows traders to enter the market with less capital, it is essential to understand that its usage can result in significant gains or losses. Therefore, you should thoroughtly understand of how leverage works and its potential outcomes before engaging in any trading activities that involve leverage.
XS leverage is offered according to ASIC, CySEC, FSCA and FSA regulations:
- The maximum leverage level for Australian clients is 1:30.
- European traders are eligible to use a maximum of up to 1:30 for major currency pairs.
- International entity clients can use leverage up to 1:500 for professional trading.
Account Types
As per our research on XS broker traders have the option to select at the first step either so-called Preferred or Professional accounts designed either for regular or professional traders alike. For Prefeered or retail account selecting there are 3 accounts offered Standard, Cent and Micro. While Professional selection offers some differences too with Elite, Pro and VIP account which diversify by the fee basis either on commission or spread.
Besides, for clients of the European CySEC entity, there are two account types available, so it means that account offering vary based on XS entity you’re opening account with, so be sure to refer to relevant conditions to review.
Additionally, new traders have the opportunity to use a Demo account for free, allowing them to practice trading and make trial trades.
| Pros | Cons |
|---|
| Fast and easy account opening | Account conditions vary based on entity, some we found more competitive |
| Various accounts offered for Regular and professional trading | |
| Account base currencies EUR, USD, GBP | |
| Demo account | |
| Fast execution | |
| Micro lot trading | |
How to Open XS Live Account?
Opening an account with a broker is quite easy, we can open the account within minutes. You should follow the opening account or sign-in page and proceed with the guided steps:
- Select and Click on the “Open Account” page
- Enter the required personal data (Name, email, phone number, etc.)
- Verify your personal data by upload of documentation (residential proof, ID, etc.)
- Complete the electronic quiz confirming your trading experience
- Once your account is activated and proven, follow with the money deposit.
Trading Instruments
XS provides its clients with a diverse range of popular markets, including Forex, CFDs on Shares, Indices, Metals, Commodities, Cryptos, and Energies. Among these markets, Forex is the most widely known and offers a high degree of volatility and liquidity with spreads that start as low as 0.0 pips.
- XS Markets Range Score is 9 out of 10 for wide trading instrument selection overall. Besides, Broker continue to improve its offering alike from the beginning futures were not available but now you can find them to trade at XS. Yet, on the other hand, some popular asset classes like bonds still not available to trade.
XS Fees
For the fees, the broker provides competitive pricing with our opinion and review, as trading instruments spreads starting from 0.0 pips. However, fees may vary depending on the type of account and trading platform you choose since there are account based on spread and comission basis. Additionally, traders may incur additional charges such as swap or rollover and inactivity fees.
- XS Fees are ranked low or average with an overall rating of 8 out of 10 based on our testing and compared to over 500 other brokers for all fees applied.
| Fees | XS Fees | TopTrader Fees | XGLOBAL Markets Fees |
|---|
| Deposit fee | Yes | No | No |
| Withdrawal fee | Yes | No | No |
| Inactivity fee | Yes | Yes | Yes |
| Fee ranking | Low/Average | Low/Average | Low |
Spreads
Based on our test trade, XS’s clients are offered floating spreads, with our test average spread of 0.9 pips for the popular EUR/USD currency pair in Forex trading for Standard account and average 1.1 pips as per Broker site. We see spread quite competitive proposal compared to the industry average, making it an appealing choice for traders across multiple markets.
Overal, the broker provides tight spreads as low as 0.0 pips on all major currency pairs and other popular instruments, while professional account offer even better fees suitable for high volume trading. Yet note, spread on account types and entities slightly differ, also we found some minor difference between spread on XS MT 4 and 5 platforms offered.
- XS Spreads are ranked low with an overall rating of 8.9 out of 10 based on our testing comparison to other brokers. We found Forex spread lower than the industry average and spreads for other instruments are competitive too.
| Asset/ Pair | XS Spread | TopTrader Spread | XGLOBAL Markets Spread |
|---|
| EUR USD Spread | 0.9 pips | 0.7 pips | 0.2 pips |
| Crude Oil WTI Spread | 3 | 0.062 | 0.035 |
| Gold Spread | 1 | 0.2 | 0.11 |
Deposits and Withdrawals
XS provides multiple options for funding your trading account, including bank wire transfers, credit/debit cards, and online payment systems such as Skrill and Neteller. You should keep in mind that the specific requirements and limitations for each funding method may differ based on the financial institution and your country of residence.
- XS Funding Methods we ranked good with an overall rating of 8.9 out of 10. Fees are low, and also you can benefit from various account-based currencies, besides some entity may issue XS MasterCard for easy payment.
Here are some good and negative points for XS funding methods found:
| XS Advantage | XS Disadvantage |
|---|
| Fast digital deposits | Methods and fees might vary in each entity |
| Multiple account base currencies | |
| Variety of funding methods | |
Deposit Options
In terms of funding methods, XS offers the following payment methods:
- Bank Wire,
- Credit/Debit cards,
- Skrill,
- Neteller,
- Giropay, etc.
XS Minimum Deposit
To open a live trading account with the broker, you need to deposit $200 as an initial deposit amount, which is considered a good offering overall.
XS minimum deposit vs other brokers
|
XS |
Most Other Brokers |
| Minimum Deposit |
$200 |
$500 |
XS Withdrawals
You can expect a smooth and quick withdrawal process with XS, as the broker promises to process withdrawal requests within one business day, ensuring that clients can access their funds immediately.
How Withdraw Money from XS Step by Step:
- Login to your account
- Select Withdraw Funds’ in the menu tab
- Enter the withdrawn amount
- Choose the withdrawal method
- Complete the electronic request with necessary requirements
- Confirm withdrawal information and Submit
- Check the current status of withdrawal through your Dashboard
Trading Platforms
The broker offers clients the ability to trade on two of the most well-known and widely used trading platforms, MetaTrader 4 and MetaTrader 5, as well as proprietary XS Web Trader, and XS Mobile Trader platforms. These platforms are renowned for their ease of use, extensive range of features, and automated trading capabilities, allowing traders to trade confidently and at their own pace.
Additionally, MT4 and MT5 trading platforms are accessible through desktop, web, or mobile devices, giving traders the flexibility to stay connected to the markets and trade at any time, making it a beneficial trading opportunity that may be suitable for a wide range of traders.
- XS Platform is ranked good with an overall rating of 8.9 out of 10 compared to over 500 other brokers. We mark it as good since it offers the popular MT4 and MT5 professional trading platforms and is preferred choice among many traders
| Platforms | XS Platforms | TopTrader Platforms | XGLOBAL Markets Platforms |
|---|
| MT4 | Yes | No | No |
| MT5 | Yes | Yes | Yes |
| cTrader | No | No | No |
| Own Platforms | Yes | Yes | No |
| Mobile Apps | Yes | Yes | Yes |
Trading Tools
Per our research, traders using XS can benefit from advanced charting features with various chart types, multiple timeframes, and technical indicators that can help with market analysis. The platform also comes with a built-in economic calendar displaying scheduled events and news releases that may impact the markets, allowing traders to plan their trades accordingly.
- Also, XS offers a social trading feature where traders can copy trades from others or share their trading signals with the community. The MT4 and MT5 platforms also support automated trading with the use of Expert Advisors (EAs) and algorithmic trading, making it a suitable option for those who prefer a more hands-off trading approach.
Customer Support
Traders can access 24/7 multilingual customer support through Live chat, Email, Phone Support, and an Online Query Form at XS. We found that the broker’s support team is composed of experienced trading professionals who can assist clients with various issues, including technical problems, market analysis advice, general inquiries, and operational concerns.
- Customer Support in XS is ranked good with an overall rating of 8.5 out of 10 based on our testing. We got fast and knowledgeable responses on Live Chat, and also it is easy to reach during the working days and weekends, besides many languages are supported so is a plus
See our find and ranking on Customer Service Quality:
| Pros | Cons |
|---|
| 24/7 customer support | None |
| Live chat, phone support, email | |
| Quick responses | |
| Relevant answers | |
XS Education
In the end, the broker has created an Education Experts Program, which is aimed at partnering with those who specialize in education and training. This program is open to educational centers, websites, or experts who conduct educational seminars or webinars. Yet, the Broker did not develop its research materials so from the client’s perspective it is not widely available.
- XS Education ranked with an overall rating of 6 out of 10 based on our research. However, the broker does not have a dedicated section on its website for educational and research materials, as well as seminars and webinars. Therefore, for beginners, we recommend seeking educational resources from established and reputable brokers.
XS Review Conclusion
In summary, XS is a reputable online broker that offers a good range of financial instruments to trade with competitive spreads offering. We admit swift execution and various funding methods. Trading with XS is accessible through two of the most popular trading platforms, MT4 and MT5, which are available on desktop, web, and mobile devices. Yet, the broker does not have a separate section for educational resources and research which is not so suitable for beginners.
As we found with its focus on transparency, security, and client satisfaction, XS is a suitable option for traders of all levels. However, we recommend conducting thorough research before choosing XS as your broker to ensure that it suits your trading requirements.
Based on Our findings and Financial Expert Opinions XS is Good for:
- Traders from Europe
- Traders from Australia
- Traders from Africa Region and International trading
- International trading
- Traders who prefer the MT4 and MT5 trading platforms
- CFD and currency trading
- Advanced traders
- Institutional trading
- White Label solution
- Scalping/Hedging strategies
- STP/NDD execution
- Competitive spreads and prices
- EA/Auto trading
- Good trading tools
- Multilingual 24/7 customer support
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You know why I trust this borker because I have a lot of friends who also trade through XS company and none of us have not any hevay troubles. That’s why we are still trading with XS broker! 😀
Heavy troubles… 😀
I am being sure there are more reasons why you and your friends are still working with XS, aside only from its great services. But you are right, trading with a broker that provides smooth trading experience is an uplifting experience.
Me, on the other hand, I stick with XS because of its cost-effectiveness. I use the Elite account type, which is the one with raw spreads and the trading commission is only $3 per side per turn.
If you compare this account type with others from the same category, you can hardly find a broker with a fee of less than $3.5.
I understood that when choosing a proper broker it must be regulated. I searched for regulated brokers and there are plenty of options. There are many regulated brokers. However, XS seems to have many licences and probably more licences make the broker safer.
Anyway, which regulation should I choose when I open a trading account?
First of all – yes. The more regulations a broker has, the better. In a way that it is supervised by more than I financial organization and has to comply with many complex rules/policies.
To answer the second question, regulation and trading accounts do not go together as a pair. Regulation is something that makes the broker legitimate, trading accounts can be different in each broker.
For instance, XS has many account types, and you can compare them in the website. Also, I would guess that you are kind of a novice trading, so I advice you to go with CENT or MICRO accounts.
These are perfect for those who are learning how to trade, and I guess you can develop yout trading skills with this account. Good luck🕊️
For some traders it can be a chalelnge to choose between nine trading accounts offered by XS broker but I wasn’t struglging with the choice and now I’m trading through a pro account.
Wow, it cool to know that you encountered no troubles.
In fact, even though I am from the group of traders who faced troubles choosing an account, you know, just spent more time than had expected, I don’t think it’s a flaw.
It takes some time, but guys who complaint about that don’t even know how much time TRADING takes.
It’s like a preparation for real trading, that teaches patience and calmness. Mine acc is Elite, btw.
Hahaha, I hope my answer is clear enough for ya…
If XS could add educational resources it could be an even better broker. 😉
However, I have built a solid base with educational resources from YouTube and other platforms, and have gathered solid literature, so this was not a drawback for me when I made the decision to start trading with it.
What I like the most about XS is that its robust regulation status instills confidence that you will be dealing with a professional and reliable online trading platform.
You can find trading education everywhere these days, so don’t cry about it maan.
Xs offers a lot in general to scold it for lacking education
I am kinda curious to know, what are the security measures and regulations of the broker that make the platform credible in the eyes of traders?
For me, it’s how they present themselves. A legit company doesnt hide legal docs and should be regulated by at least one reputable financial entity. XS is both regulated and I can see the docs ^o^
My like this broker for many reasons and will share some of them here.
This is one of the most well-regulated brokers. They have obtained licenses from some of the most renowned regulatory authorities, such as CySEC and ASIC.
They have a great selection of account types, which come with different trading terms. I am sure that there is an account type for every trader. In the end, the standard account is quite versatile, so you can opt for it and trade on this reputable and renowned online trading platform.
Indeed they are, regulated and solid.
Account selection is maybe also a plus, but for me it’s too much choice and overcomplicated. Beginners may get lost in these account details.
For me, I enjoy trading 🛢️🛢️ here, spread in UK or US oils are minimal, and the leverage is nice too.
This is my second boroker with whom I have traded on a real account, and I must share that I am impressed with their payment system. Also, $500 for the Pro account is a bargain 👍
There are loads and loads of strategies that I have been coming across recently and I cannot seem to stick to one single one so I need to know what direction to take when streamlining my options with XS; Technical or fundermental analysis?
Haha, I like your energy! Technical all the way, man! At least when you are retail. With fundamental, you will never get the full knowledge that big players have. You will never know the deals or behind-the-scenes economic factors before they do.
But with TA, you don’t need all that. You are preying on low-tier fluctuations. Patterns in crowd behaviour. These are easier to know and to exploit.
Unless you are a politician or a magnate of some kind, go TA every time.
Nah, dude! I absolutely disagree with you, technical analysis appeared at the same time as the Internet and only after that TA has become popular all over the world but fundamental analysis was popular since the moment when first public companies and exchanges appeared. It means that a fundamental analysis is more reliable than its counterpart technical analysis. Anyway, you better combine both of them but mainly I prefer the former method.
Lol, any.
It depends on what timeframe you trade, your trading style and so on. Obviously,, positional and sometimes even swing traders appeal to fundamental factors and use various tools for fundamental analysis that are available at XS. On the contrary, scalpers and day traders take advantage of technical indicators embedded into the platform and don’t have troubles using these instruments for chart analysis. It’s a versatile platform, choose whatever strategy you find the most useful and appropriate.
Well, I started cooperating with XS broker because they proved that the company is one of the most reliable and trustworthy in the financial industry and as far as I know there are not many financial brokers which could show off such a wide range of licenses from major financial regulators. I would like to know your opinion, why you started cooperating with this company?
I just noticed some reviews and it fortunately aligned with my purpose back then – to find a robust broker.
I skimmed through some of the reviews, made a certain conclusion about this broker in my head and started to research info on their website. After that I signed up for an account and now I trade with the XS.
I guess… it was a pleasant set of circumstances that led me here.
Is it a suitable broker for trading shares?
Of course, buddy. I have been trading with them for a long time and a key factor why I joined this company is that they provide a lot of shares for trading. The quantity of shares of top companies is beyond my imagination. By the way, you can trade stocks from EU, USA and HK regions and it is really impressive.
XS broker deserves such reviews, where conditions and instruments are described precisely.
And actually I also favor reading such outlooks, you know, it helps to understand that you deal with a real OG of the market which has tons of licenses, way more pros than drawbacks so it instills confidence in the future.
There are even no weak points, so I am quite happy with my choice of the broker.
Actually, they have added some comprehensive materials into their educational section and nowadays it looks way more attractive compared to how it looked before.
So this review should be edited a bit ;))
Speaking of other statements, then I pretty much agree with them.
The company has obtained a recognition from the community and even such a huge website for reviewing brokers noted it’s supremacy, so to speak.
I have been studying XS for a lng time and it seems to me that general opinion of traders about this broker is something like this:
– reliable and solid company with a variety of services
Especially for newbies, education is a big plus, and I think the broker should actually help new traders by providing proper guidance… But I get that is not their duty so I cannot hold it against them. For me, the broker is actually quite nice and I like trading here.
How would you rate XS for trading only forex currency pairs?
I’d claim more positively than negatively, cuz there is nothing fundamentally repelling about trading forex currency pairs with this broker.
A lot depends on your choice of the account, but in fact, all of them are quite interesting and cater to the needs of various traders. I have Standard account and spreads on trading such major pairs as NZD/USD, USD/CAD never exceed more than ~1.5-2 pips, sometimes even lower, but bear in mind that it’s better to avoid volatility.
The trading plaftorm is picturesque and I could adatp to it pretty quickly! There are so many useful tools and the number of technical indicators is blowing my mind.🤯
They have added some edu materials to their blog section, the quality isn’t advanced, but anyway.
As for spreads, regulations, trading platforms, variety of markets and accounts, then in many regards this broker excels and that is smth I like most of all about it.
That is the reason why I continue working with the xs and have no single thought of switching to another company. This one is cool!
It is true that there is a leverage of up to 1:2000!!!
I was very impressed with what I read about XS. The fact that it provides access to multiple asset classes and is regulated by various regulatory bodies around the world is a big advantage for an investor looking for a reliable platform. In general, the flexibility and security offered by XS is very attractive for investors like me.
Can you choose the XS’ entity when signing up with this broker? How does it work?
It is an interesting question, and franky, I do not have a complete answer. I have not traded there yet, but as far as I know, the usual logic is that entity is automatically adjusted by the broker based on your residency. I suppose it works like this. However, for a full correct answer, I advise you to contact their custoemr support team.
I contacted them in the past, they replied fast.
No, afaik, as the other guy replied, it’s impossible to freely choose the entity under which to trade on the XS platform. It indeed adjusts automatically based on where you reside.
This is a typical scheme for brokerage companies, because variety of regulations imply that traders from different countries are able to trade under specific financial entity.
Surely, maybe the absence of educational materials is a slight omission from the broker, but on the other hand the main in trading, to my mind, – practice. It’s okay to understand basics of trading and of course to do that you need to read some materials, but they are easily found in the net, without any need to put a lot of effort.
In all aspects xs broker is a cool solution for meeting daily objectives.
Various payment methods offer customers a more convenient and faster service. This broker is definitely doing a good job.
When one opens the website of XS broker and evaluates the broker, the first thing that comes to his attention is how well-regulated this broker is. Indeed, the availability of licences from the top-tier regulation authorities instils confidence and one can quickly conclude that XS can be trusted. 👍
The rest of the trading conditions are up to each broker. What one might find as an advantage, another might find as a small flaw. Our preferences differ, but in general, XS can be a suitable choice for a wide range of trading styles.
XS is one of those brokers where you wont have any big issues related to something other than trading you know, and the conditions are good enough to keep you in the loop, its safe and secure, so i find it a viable option. i trade here from time to time
The variety of funding methods is pretty helpful. It’s great to have choice and use different payment mechanisms because sometimes I need money right here, right now. And for that I usually use ewallets since they are much faster than bank cards or wire transfers.
Yes, I think I miss education very much. And I am not even a beginner. So for beginners it would be crucial.
On the other hand the conditions offered are very well thought through.
Surely, I have no gripes to trading conditions on the platform, they allow me to reveal my potential. well, at least P/L is getting more positive and ity’s enough for me to understand that I am moving in a right direction.
As for education, hell yeah, these guys definitely should work on adding some materials. I notice they regularly updated website, embed new features and functions, so perhaps, they will hear begs of the community xD
In any case, there’s a bunch of side resources to get knowledge from, so, I assume it’s not a big deal to google required info and click on the very first link 🙂
pretty insightful review of a solid forex broker. I don’t know what to say, other than I have been trading with it for some time and so far I didn;t find any significant flaws that would get in my way.
Maybe the free VPS service would be a great addition for the broker to become a top-tier.
Agree with the aforementioned aspect when having a free access to VPS service would be a game changer!
You know, after reading this article describing XS broker I have no questions at all. I am now planning to open trading account with this company and am thoroughly studying everything related to it. I read reviews, analyze trading conditions and of course read articles like this one.
Now I’m ready to open trading account with this company and start trading.
Now I have trading account in another company but I am not satisfied with quality of orders execution and besides XS has more favorable trading conditions.
That’s why I made such difficult decision😕
If you have ever searched for a broker which trading conditions would be suitable for a particular trading strategy, then you know how it is not easy…
I found what I was looking for here. Trading conditions and variety of accounts allowed me to stop my search. Trading conditions of this broker generally suit me.
For a broker created a year ago, their services are really good. I am impressed at how far they have come in such little ime.
Really?? Well, it is not like you would be able to tell the age of a broker by just using their services. That is really impressive though.
I’d like to express my thoughts clearly and concisely about XS, truly amazing broker!
I signed up for the account like yesterday or something and still don’t know all the peculiarities of the platform. I liked the UI design of course, because the color combination is favorable, green is a sign of peace and calm. Their platform is my favorite MT4, or you can choose MT5 if you desire, in this case, you have a flexibility. As for accounts, then I have chosen Standard one as it seems to be well-balanced for me. By the way, guys, what is your opinion about account types? What’s your choice?
My choice is standard account, too, because it has the maximum number of available assets for trading.
However I don’t belittle the essence of others. They are quite cool as well.
There is a solid choice of account types. And I understand your view, sometimes as a beginner, it’s hard to know which account types would be the best fit for your trading, especially when there are so many options which is the case with XS. You have made the right choice, indeed the Standard account type is well-balanced and cost-effective. There are no trading commissions and the spreads are pretty tight. It’s the one I use too 👍
Very quick execution. I am very impressed by the broker for achieving that. Trading, especially scalp and intraday traders requires such a platform with incredible trade execution speed. The broker is also safe with multiple regulators overlooking their activities.
The broekr was found more than a decade go in Australia🙃
Which means it can be trusted.
Judging by description and ratings listed here, guys from XS know what quality trading conditions are.
BTW, this site gave a rather high rating to this broker. This is not something you can see very often. I guess XS is really good.
I also vouch for their website, and the fact they constantly release different updates, add new functionality is another point to the piggy bank.
Trading here is a full buzz to me, actually. There’s my favorite trading platform with quite an enviable functionality, as well as I got interested in their XS mastercard recently. It’s a cool thing to increase the speed of funds transactions and get rid of any hassle.
XS has a great weighing in my trading life and the self-determination of my financial succcess!
The broker has all the credible licenses of the forex market which is a fantastic thing for the customers.
Although the regulation is a cornerstone of any brokerage XS has more than that.
For instance it offers high leverage and also the wide range of asset classes in case you are looking for the proper diversification.
I can’t say I’m happy with the desktop version of the trading platform. I believe that despite the high status and well-deserved respect MetaTrader platforms have an outdated design.
If you do not pay attention to the design, platforms can be characterized only from positive side.
They have everything to apply experience and knowledge in practice. In addition, platforms have some non-obvious advantages.
Bottom line: update design a bit and these platforms will be completely perfect.
I believe you are absolutely right. The design of the MTs have become a bit outdated and chunky. It is not as easy to trade on them as it is trading on more modern platforms. And as you said, there are many advantages to using the MTs. But with a little update of their design, I also believe that the platform would be perfect.
XS probably has the best trading conditions for us, I am very very good with all the stuff I get as a trader and I have never coplained about anything.😁
XS is a really good broker. It can fit everyone.😋
I have been trading here for not so long and I am very satisfied with the service that xs is providing. I was trading without significant leverage to reduce my risk but now I want to earn some more money so I have a question. Is the leverage the same for all asset classes?
One of the top choices you can go for if you have any idea how meaningful and important to have top tier security and safety measures for your money. I am not only talking about the strict regulation, but sure, that is important as well. What i am talking about is negative balance protection, availability of a compensation fund, funds protection, broker keeping the funds in seggregated accounts at banks and not pooling them together, you cannot understand how important those are until you hear the news of a broker imploding in the industry. You will be thanking me later.
Other than the security aspect obviously, trading on xs platform is surely a trait! whether you are a fan of metatrader products or choose to go with their mobile app for example, you get the same assets, good integration, fast connectivity and execution. registering and funding is pretty easy and fast too. you lose no time to be able to jump into markets right away
Nope, and it’s kinda illogical to implement the same leverage size for all available assets, as all decent brokers reduce risks for those assets that are considered to be the diciest.
Even despite the fact, forex minors, majors and exotic can be traded with 1:500 leverage, shares, in this regard, are confined with just only 1:50 leverage size as the volatility on this asset can be jeopardy. Crypto is even less… just 1:20, but, believe me, it’s more than enough.
XS undoubtedly stands out as an outstanding brokerage that encompasses all the qualities traders require in a premium company – dependable, trustworthy, and secure. They offer cutting-edge fintech solutions and provide unwavering support to their clients.
Can you believe all of this is available in one relatively new brokerage?! I am beyond impressed and thrilled to be a part of the XS trading family.
If you are a trader seeking a superb broker, XS is your ultimate destination. They offer all the necessary resources, and you’ll receive excellent client care.