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XS logo

XS

Regulated
Mauritius
,
Since 2010
Last Updated:
51/100
Overall Score

Trading Conditions

Min Deposit:
USD200
Max Leverage:
2000
Account Types
CentStandardMicro+3 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

5 methods

Credit/Debit Cards (Visa/Mastercard)

credit card
Instant
Fee:
Free
Fee:
Free

Bank Wire / Bank Transfer

bank transfer
2 days
Fee:
Free
Fee:
$20

E-wallets (Neteller, Skrill, PayPal)

e wallet
Instant
Fee:
Free
Fee:
Free

Cryptocurrency (BTC, ETH, USDT)

crypto
Instant
Fee:
Free
Fee:
Free

Regional Payment Methods (POLi, BPay, Union Pay, Dragonpay)

other
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 55%, 2: License 63%, 3: Software 51%, 4: Spread 0%, 5: Account Type 32%, 6: Symbol 0%
Regulation
55%Fair
License
63%Fair
Software
51%Fair
Spread
0%Poor
Account Type
32%Poor
Symbol
0%Poor

Company Information

Full Name:XS
Founded:2010
Headquarters:Mauritius
Enterprise Offices:N/A

Customer Support

Phone:
+248 432 3314
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction

In the dynamic world of online trading, selecting a reliable and versatile broker is paramount for traders seeking to navigate global financial markets effectively. XS stands out as a global multi-asset broker offering a comprehensive suite of trading instruments and advanced technology platforms. With a focus on forex and CFDs across various asset classes, XS aims to provide traders with premium trading conditions and a seamless user experience.

Whether you are a novice trader or an experienced professional, understanding the offerings, regulatory framework, and trading environment of XS is essential. This article delves into the core aspects of XS, providing a detailed overview of its services, regulatory compliance, trading conditions, fee structures, and market reputation to help you make an informed decision.

Background and History

XS presents itself as a global online trading platform specializing in forex and CFDs on a wide range of markets including shares, indices, metals, and commodities. Despite its prominent market presence, limited information is publicly available regarding the company’s founding year, founders, or a detailed corporate history. The official website focuses primarily on the broker’s current offerings and capabilities rather than its historical timeline.

This approach suggests that XS prioritizes showcasing its trading infrastructure and client services over corporate storytelling, positioning itself as a modern, forward-looking broker in the competitive financial services landscape.

Key Features and Offerings

Multi-Asset Trading Instruments

XS offers a broad spectrum of trading instruments, catering to diverse trader preferences. The asset classes include:

  • Forex currency pairs
  • CFDs on shares from major markets such as the US, EU, UK, and Hong Kong
  • Indices representing global stock markets
  • Metals including gold, silver, platinum, palladium, and steel
  • Commodities and other multi-asset instruments

This extensive range allows traders to diversify their portfolios and capitalize on various market opportunities.

Trading Platforms

XS supports the industry-leading MetaTrader platforms, offering both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are available across multiple devices and operating systems, including web browsers, Windows, Mac, Android, and iOS. MT5, in particular, is highlighted for its advanced charting capabilities, technical indicators, Depth of Market (DOM), hedging options, Expert Advisors (EAs), and a built-in economic calendar.

Account Types and Pricing Models

XS provides multiple account types tailored to different trading styles and preferences. These include accounts with raw pricing that charge additional commissions and others where mark-ups are incorporated into the price spreads. While detailed comparative tables are not publicly available, contract specification pages outline the differences by account type, allowing traders to select the model that best suits their needs.

Regulatory Compliance and Licensing

Regulatory oversight is a critical factor in assessing a broker’s credibility. XS describes itself as a multi-regulated broker, emphasizing compliance with multiple reputable licenses. However, the publicly accessible information on the official website is limited regarding a full list of regulatory authorities and license details.

One explicit license is visible on the contact page, indicating authorization by regulatory authorities in the State of Kuwait with license number 786/2024. Beyond this, the site does not provide a consolidated list of all licenses or direct links to regulator registers.

Regulator License Number Status
State of Kuwait 786/2024 Authorized

Trading Conditions and Platform Technology

Trading Conditions

XS offers detailed contract specifications for its instruments, including contract size, leverage, spreads, commissions, and swap rates. The broker provides fixed leverage for shares across account types and supports both raw pricing with commissions and mark-up pricing models. However, exact numeric values for spreads, leverage limits, minimum deposits, and commission rates are not publicly disclosed on the main marketing pages.

Platform Technology

The backbone of XS’s trading environment is its support for MetaTrader 4 and MetaTrader 5 platforms. MT5 is particularly emphasized for its advanced features such as multiple order types, Depth of Market (DOM), time & sales data, and the ability to use Expert Advisors for automated trading. The availability of MT5 across web, desktop, and mobile devices ensures traders can access markets anytime, anywhere.

Feature MetaTrader 4 (MT4) MetaTrader 5 (MT5)
Platform Availability Web, Windows, Mac, Android, iOS Web, Windows, Mac, Android, iOS
Advanced Charting Basic Advanced with multiple indicators
Depth of Market (DOM) No Yes
Expert Advisors (EAs) Yes Yes
Built-in Economic Calendar No Yes
Hedging Limited Supported

Fee Structure

XS supports multiple funding methods for deposits and withdrawals, facilitating convenient account management. However, the broker does not publish a detailed, itemized fee schedule on its publicly accessible pages. Specific information regarding deposit fees, withdrawal fees, inactivity fees, or other charges is not available, making it necessary for prospective clients to inquire directly for precise fee details.

Fee Type Details
Deposit Fees Not publicly disclosed
Withdrawal Fees Not publicly disclosed
Inactivity Fees Not publicly disclosed
Commission Varies by account type; raw pricing accounts incur commissions

User Experience and Market Reputation

XS highlights several awards and recognitions, including titles such as Best Global Broker, Best Customer Support Asia, Best Trading Execution Asia, Best Copy Trading Platform, and Best Multi-Asset Broker – APAC. These accolades underscore the broker’s commitment to quality service and competitive trading conditions.

Multilingual customer support and a streamlined digital registration process further enhance the user experience. While independent third-party reviews and ratings are not available on the official website, XS’s own claims emphasize its strengths in multi-asset coverage, platform support, and client service.

Recent Developments

In 2024, XS secured a regulatory license in Kuwait (license number 786/2024), marking a significant regulatory milestone. The broker’s media and news sections also feature award announcements and event highlights, reflecting ongoing recognition in the industry. However, a comprehensive changelog or detailed list of recent corporate developments for 2024–2025 is not publicly available.

Conclusion

XS positions itself as a global multi-asset broker with a strong emphasis on advanced trading technology, diverse instrument offerings, and regulatory compliance. While some details such as exact fee schedules and comprehensive regulatory listings are limited in public disclosures, the broker’s support for MetaTrader platforms, multiple account types, and multilingual service make it a compelling choice for traders worldwide.

For those seeking a broker with a broad market reach and premium trading conditions, XS offers a robust platform backed by industry recognition and a growing regulatory footprint. Prospective clients are encouraged to engage directly with XS for detailed information on trading conditions and fees to ensure the best fit for their trading strategies.

Regulatory Licenses

Compliance & oversight

7 licenses
Australia
ASICTier 1
Australia#374409
License Details
Type:Financial Service
License #:374409
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Cyprus
CySECTier 2
Cyprus#412/22
License Details
Type:Investment Advisory License
License #:412/22
Status:Regulated
Validity
Effective:N/A
Expires:N/A
South Africa
FSCATier 2
South Africa#53199
License Details
Type:Financial Service
License #:53199
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Malaysia
LFSATier 3
Malaysia#MB/21/0081
License Details
Type:Financial Service
License #:MB/21/0081
Status:Regulated
Validity
Effective:N/A
Expires:N/A
United Arab Emirates
SCATier 2
United Arab Emirates#20200000339
License Details
Type:Financial Service
License #:20200000339
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Seychelles
FSATier 3
Seychelles#SD089
License Details
Type:Dealing in securities
License #:SD089
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Lebanon
CMATier 3
Lebanon
License Details
Type:Dealing in securities
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
7
Countries
0
Offshore

Account Types

Trading account options

6 types
Cent
Cent
Leverage 1:2000 • Commission No commissions
Leverage1:2000
CommissionNo commissions
Standard
Standard
Leverage 1:2000 • Commission No commissions
Leverage1:2000
CommissionNo commissions
Micro
Cent
Leverage 1:2000 • Commission No commissions
Leverage1:2000
CommissionNo commissions
Pro
VIP
Min Deposit USD 500 • Leverage 1:2000 • Commission No commissions
Min DepositUSD 500
Leverage1:2000
CommissionNo commissions
Elite
VIP
Min Deposit USD 500 • Leverage 1:2000 • Commission No commissions
Min DepositUSD 500
Leverage1:2000
CommissionNo commissions
VIP
VIP
Min Deposit USD 500 • Leverage 1:2000 • Commission No commissions
Min DepositUSD 500
Leverage1:2000
CommissionNo commissions
6
Total Types
3
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

5 methods
Credit/Debit Cards (Visa/Mastercard)
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Withdrawal processing time varies from instant up to 5 business days.
Bank Wire / Bank Transfer
Bank Transfer2 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:USD 20
Min:USD 100
Max:N/A
Withdrawal fees may apply (e.g., A$20 or $30); no deposit fees common.
E-wallets (Neteller, Skrill, PayPal)
E-WalletInstant
Deposit
Fee:Free
Min:USD 1
Max:N/A
Withdrawal
Fee:Free
Min:USD 5
Max:N/A
Minimum deposits as low as $1–$10; minimum withdrawals around $5 for e-wallets.
Cryptocurrency (BTC, ETH, USDT)
CryptocurrencyInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
5
Free Deposit
5
Instant
1
Crypto

Trading Platforms

Professional trading tools

2 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with XS: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark XS at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for XS

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://www.xs.com/en/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

5 platform
Scroll to see all 5 platforms

Comments

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