XSTrades Review 2026: Regulation, Safety, Policy

Is XSTrades a scam?

Wikilix independent safety report

59%Scam risk

High risk (unverified)Confidence: MEDIUM

2.5/5

XSTrades is not a confirmed scam and we found no evidence of fraud. It is still a high-risk broker (59%): XS Trades LTD of Saint Vincent and the Grenadines, the company that holds client money, has n…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation7/10 · HighIdentity & transparency5/10 · ModerateWithdrawals & conduct3/10 · LowReputation4/10 · ModerateWebsite claims7/10 · HighOperational history5/10 · Moderate

Editorial review

Updated Oct 28, 2026

Broker Summary

What Wikilix has recorded about XSTrades: its history, the licences it holds, its trading conditions and its fees.

XSTrades Broker Overview

XSTrades is an online trading brand operated by XS Trades LTD, which its website describes as registered and authorised under the laws of Saint Vincent and the Grenadines with registration number 26981 BC 2023 and as authorised to operate under the XS brands and trademarks. It offers margin trading in forex, metals, energies, indices, cryptocurrencies, futures and shares on MetaTrader 4 and MetaTrader 5, through five account types with dynamic leverage of up to 1:2000 and no minimum deposit on its entry-level accounts. XS Trades LTD holds no financial services licence of its own.

XSTrades does not offer its services to residents of the USA and North Korea, and its registration form does not include the United Kingdom, the EU member states, Canada, Australia or Japan among the countries of residence it accepts. Its website is available in English, French, Spanish, Portuguese, Arabic and Persian.

XSTrades Regulation and License

XS Trades LTD operates the XSTrades website and is the company named in its client services agreement. Its registration in Saint Vincent and the Grenadines is a company registration, not a financial services licence. The XSTrades website also lists five licences of other XS brand companies, none of which is XS Trades LTD, and when the regulators' registers were checked on 27 October 2026 four of them were listed under those companies:

XS Prime Ltd (Australia, ACN 141 194 934): Australian financial services licence 374409 from the Australian Securities and Investments Commission (ASIC), current since 13 September 2010, for wholesale clients, with xsprime.com as the principal website on its record
XS Markets Ltd, formerly RockFrost Ltd (Cyprus, HE 386563): a Cyprus Investment Firm licensed by the Cyprus Securities and Exchange Commission (CySEC) under licence 412/22 on 4 April 2022, with www.xsmarkets.com as its only approved domain
XS ZA (Pty) Ltd (South Africa, 2023/608801/07): an authorised financial services provider with the Financial Sector Conduct Authority (FSCA) under FSP number 53199 since 17 October 2023, approved in Category I for derivative instruments and long-term and short-term deposits
XS Ltd (Seychelles): licence SD089 from the Financial Services Authority of Seychelles (FSA), whose list of securities dealers includes XS Ltd with xs.com as its website

The site attributes a fifth licence, MB/21/0081 from the Labuan Financial Services Authority (LFSA) in Malaysia, to XS Finance Ltd. None of these licences covers XS Trades LTD or accounts opened on xstrades.com.

Is XSTrades Regulated?

No. XS Trades LTD, the company XSTrades clients contract with, holds no financial services licence, and none of the licences on record covers XSTrades accounts.

Is XSTrades Safe?

Safety at XSTrades rests on the company's own terms rather than on regulatory supervision, because XS Trades LTD has no financial services licence and the client protections attached to its sister companies' licences do not extend to XSTrades clients. Its client services agreement says client money is placed in segregated client accounts with an approved bank or payment provider, but it also asks clients to consent to their money being held with a payment provider or third party that does not follow those rules and in omnibus accounts, and it pays no interest on client money.

XSTrades Account Types

XSTrades offers five account types. Standard and Cent have no minimum deposit and average EUR/USD spreads of 1.1 pips; Cent balances are shown in US cents, and the account runs on MT5 only and trades forex and metals only. Pro requires 500 USD and averages 0.7 pips, while Elite also requires 500 USD and offers raw spreads averaging 0.1 pips plus a commission. Classic is a Partners Special account for clients of the broker's partners, with no minimum deposit and an average spread of 1.6 pips. Every account has a swap-free option, and all except Cent offer a demo account.

XSTrades Spreads, Commissions and Fees

Only the Elite account charges commission: 3 USD per side per lot, or 6 USD per round turn, with the full round-turn amount charged when a position is opened. Standard, Cent, Pro and Classic are commission-free, with the cost built into the spread. The client services agreement also allows a 50 USD annual administrative fee after a year without funding or trading, a 3% administration fee on deposited funds when money is deposited and withdrawn without trading, and a 50 USD fee for any chargeback.

XSTrades Leverage

All five accounts offer dynamic leverage of up to 1:2000, set by account equity on MT5 and by position size on MT4. The client services agreement lets the company change a client's leverage at its discretion, and on Fridays from 21:00 to 24:00, and at times before major news, it may limit new forex positions to 1:100 and apply four times the standard margin on other instruments. The account pages give a margin call level of 40% and a stop-out level of 20% (10% on Cent), while the agreement says positions may be closed once margin falls below 100% of the requirement and are closed automatically at 40% or less.

XSTrades Trading Platforms

XSTrades offers MetaTrader 5 for Windows, Mac, web, iOS and Android, and MetaTrader 4 for Windows, web, iOS and Android. The Cent account is available on MT5 only, and the Classic account is offered on MT4 depending on the client's country. The broker's PAMM service, which lets investors follow a money manager's strategy, runs on MT5.

XSTrades Deposits and Withdrawals

The XSTrades website does not publish a list of payment methods, processing times or withdrawal fees. Its client services agreement names bank wire transfer and card payments, with cards processed by Ficupay Limited, a Cyprus company it describes as an affiliate of XS Trades LTD. Deposits are credited within one business day after the funds clear, net of bank charges, and third-party payments are not accepted. Withdrawals are requested through the client portal, paid only from free margin and returned by the same method to an account in the client's own name, and the agreement says withdrawal fees may apply depending on the client or the account type.

XSTrades Support

Support is available by live chat on the website and by email at support@xstrades.com; the contact page lists no telephone number and does not state support hours. Complaints are sent on the company's complaint form to complaints@xstrades.com, and its complaints policy promises a written acknowledgement within 5 business days and a final response within 12 weeks.

XSTrades Pros and Cons

Pros

No minimum deposit on the Standard, Cent and Classic accounts
MetaTrader 4 and MetaTrader 5 on desktop, web and mobile
A swap-free option on every account
A written complaints procedure with stated response times

Cons

No financial services licence of its own for XS Trades LTD
Leverage of up to 1:2000 that the company can change at its discretion
No published list of payment methods, processing times or withdrawal fees
Inactivity, administration and chargeback fees in the client agreement
Not open to US residents, and the registration form leaves out the UK, the EU, Canada, Australia and Japan

XSTrades Review and Assessment

XSTrades pairs low entry requirements, MetaTrader 4 and 5 and leverage of up to 1:2000 with the XS brand name, but the company behind it, XS Trades LTD, holds no financial services licence of its own, and the licences of the XS brand belong to other XS companies and do not cover XSTrades accounts. Before funding an account, it is worth reading the client services agreement, in particular its fee, leverage and client-money clauses.

Website archive

Captured Oct 27, 2026

Website snapshots

8 full-page captures of XSTrades's own site, archived so what they said can still be read after the pages change.

8 pages

Homepage

Regulation & Group Licences

Legal Documents

Account Types

Contract Specifications

Company Advantages

Civil Liability Insurance

Regulation check

Checked Oct 27, 2026

Regulatory Licenses

XSTrades holds a tier-1 or tier-2 licence that we confirmed on the regulator's own register. Each licence below opens its record of what that register says.

5 of 5 checked

Licences on record: 5
Confirmed on register: 4
Tier 1 or 2: 2
Offshore: 2

WIKILIX

Licence intelligence

The strongest of 5 licences on file

Licence Verification Record

Australia Securities & Investment Commission 374409

Wikilix read the ASIC register on Oct 27, 2026. This is what it said.

Name on the register: XS PRIME LTD
Jurisdiction: Australia
Authority strength: Tier 1
Licence type: Financial Service
Register status: Current for XS Prime Ltd; not a licence of XS Trades LTD
Effective: Sep 13, 2010
Shown on the XSTrades website: Shown

Checked Oct 27, 2026

Permissions

1. Provide financial product advice: 1.1 Provide personal and general financial product advice: 1.1.1 Basic deposit products; 1.1.2 Derivatives; 1.1.3 Foreign exchange contracts; 1.1.4 Managed investment schemes excluding IDPS; 1.1.5 Securities (Wholesale clients)
2. Deal in a financial product: 2.1 Issue, apply for, acquire, vary or dispose of a financial product: 2.1.1 Derivatives; 2.1.2 Foreign exchange contracts; 2.1.3 Managed investment schemes excluding IDPS; 2.1.4 Securities (Wholesale clients)
2. Deal in a financial product: 2.2 Apply for, acquire, vary or dispose of a financial product on behalf of another person: 2.2.1 Basic deposit products; 2.2.2 Derivatives; 2.2.3 Foreign exchange contracts; 2.2.4 Managed investment schemes excluding IDPS; 2.2.5 Securities (Wholesale clients)
3. Provide a custodial or depository service: 3.1 Other than IDPS (Wholesale clients)

What our check found

A current Australian financial services licence held by XS Prime Ltd (ACN 141 194 934), a sister XS company whose register entry lists xsprime.com. It does not cover XS Trades LTD or xstrades.com accounts. Client protection: None for XSTrades clients. Effective: 13 Sep 2010.

Client protection under this licence

No compensation schemeNo mandatory insurance (but strict fund segregation)
Negative balance protection
Complaints routeAFCA
Maximum leverage1:28

These are the rules ASIC sets for the firms it licenses. They are not a statement about how XSTrades applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Open the ASIC licence record Check it on the register About ASIC

Tier 1 and 2 authorities

2 licences

Tier 3 and 4 authorities

1 licence

FSASeychellesTier 3FSA licence SD089Dealing in securitiesOffshoreLimitedChecked Oct 27, 2026

Ended, or not confirmed as a licence

1 licence

LFSAMalaysiaTier 3LFSA licence MB/21/0081Financial ServiceEndedChecked Oct 27, 2026

Trading accounts

Updated Oct 27, 2026

Account Types

5 account types on record. Minimum deposit from USD 500. Leverage up to 1:2000.

5 account types

Account	Min Deposit	Max Leverage	Commission
StandardStandard	Not recorded	1:2000	No commissions
CentCent	Not recorded	1:2000	No commissions
ProPro · VIP	USD 500	1:2000	No commissions
EliteElite · VIP	USD 500	1:2000	$6 per round turn ($3 per side)
ClassicClassic · Standard	Not recorded	1:2000	No commissions

Client acceptance

Country availability

Where XSTrades says it will and won't take clients

156 countries

Confirmed blocked

Named in the broker's own terms

USUnited StatesKPNorth Korea

Covered by a parent block

Territories a blocked country carries with it

ASAmerican SamoaGUGuamMPNorthern Mariana IslandsPRPuerto RicoUMUnited States Minor Outlying IslandsVIVirgin Islands (U.S.)

Explicitly accepted

Named as accepted — not a full list of served markets

AFAfghanistanAXÅland IslandsAOAngolaAIAnguillaAQAntarcticaAGAntigua and BarbudaARArgentinaAMArmeniaAWArubaAZAzerbaijanBSBahamasBDBangladesh

Show 136 more

BBBarbadosBZBelizeBJBeninBMBermudaBTBhutanBOBoliviaBWBotswanaBVBouvet IslandBRBrazilIOBritish Indian Ocean TerritoryVGVirgin Islands (British)BNBrunei DarussalamBFBurkina FasoBIBurundiCMCameroonCVCabo VerdeBQBonaire, Sint Eustatius and SabaKYCayman IslandsCFCentral African RepublicTDChadCLChileCXChristmas IslandCCCocos (Keeling) IslandsCOColombiaKMComorosCGCongoCDCongo (Democratic Republic)CKCook IslandsCRCosta RicaCICôte d’IvoireCUCubaCWCuraçaoDJDjiboutiDMDominicaDODominican RepublicECEcuadorSVEl SalvadorGQEquatorial GuineaEREritreaSZEswatiniETEthiopiaFKFalkland IslandsFOFaroe IslandsFJFijiGFFrench GuianaPFFrench PolynesiaTFFrench Southern TerritoriesGAGabonGMGambiaGHGhanaGIGibraltarGLGreenlandGDGrenadaGPGuadeloupeGTGuatemalaGGGuernseyGNGuineaGWGuinea-BissauGYGuyanaHTHaitiHMHeard Island and McDonald IslandsHNHondurasIRIranIMIsle of ManJMJamaicaJEJerseyKEKenyaKIKiribatiKGKyrgyzstanLSLesothoLRLiberiaMGMadagascarMWMalawiMVMaldivesMLMaliMHMarshall IslandsMQMartiniqueMRMauritaniaYTMayotteMXMexicoMNMongoliaMSMontserratMZMozambiqueMMMyanmarNANamibiaNRNauruNPNepalNCNew CaledoniaNINicaraguaNENigerNGNigeriaNUNiueNFNorfolk IslandPWPalauPSPalestinePAPanamaPGPapua New GuineaPYParaguayPEPeruPNPitcairnRERéunionRWRwandaWSSamoaSTSao Tome and PrincipeSNSenegalSLSierra LeoneSXSint Maarten (Dutch part)LKSri LankaBLSaint BarthélemySHSaint HelenaKNSaint Kitts and NevisLCSaint LuciaMFSaint Martin (French part)PMSaint Pierre and MiquelonVCSaint Vincent and the GrenadinesSRSurinameSJSvalbard and Jan MayenTJTajikistanTZTanzaniaTLTimor-LesteTGTogoTKTokelauTOTongaTTTrinidad and TobagoTMTurkmenistanTCTurks and Caicos IslandsTVTuvaluUGUgandaUYUruguayUZUzbekistanVAHoly SeeVEVenezuelaWFWallis and FutunaEHWestern SaharaZMZambiaZWZimbabwe

How we know — 6 sources

1Confirmed blocks (US, KP): the regional-restrictions statement in the footer of every page of https://www.xstrades.com/en/ and on its Regulations page (https://www.xstrades.com/en/company/regulations/) reads 'XSTrades does not offer its services to residents of certain jurisdictions such as USA and North Korea.' The French, Spanish, Portuguese, Arabic and Persian versions of the site name the same two countries.
2The site does not publish a list of the 'certain jurisdictions' that statement refers to. Clause 6.11 of the Client Services Agreement (October 2025, version 1.3, https://www.xstrades.com/docs/XSTRADES_EN_031025_CLIENT_SERVICES_AGREEMENT.pdf) says its services are not available to anyone residing where FX and CFD trading would be contrary to local law, or to 'a citizen or resident of certain jurisdictions the Company does not accept Clients from', and the AML/KYC Policy (https://www.xstrades.com/docs/AML_POLICY.XS.SVG.Final2.180823.pdf) reserves additional due diligence for 'Clients residing in certain countries'. Neither document names a country, so no code is inferred from them.
3Accepted (whitelist, 148 codes): the registration form at https://my.xstrades.com/register/?sl=1 offers a closed list of 154 countries and territories under 'Country / Region of residence', and its Persian, Arabic, French and Spanish versions offer the same set. Because the form is what governs account opening, it takes precedence over the published texts. Six of its entries are US territories and are recorded as dependent territories instead (see the US territories line).
4US territories (AS, GU, MP, PR, UM, VI): American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, the U.S. Minor Outlying Islands and the U.S. Virgin Islands appear on the registration form, but are recorded as dependent territories covered by the USA restriction rather than as accepted, because the site excludes residents of the USA and the same form requires every applicant to confirm 'I hereby declare and confirm that I am neither a citizen nor a resident of the United States for the purposes of taxation.'
5Iran (IR) is on the accepted list because the registration form offers it as a country of residence, both in English (https://my.xstrades.com/register/?sl=1) and in the Persian version of the form (https://my.xstrades.com/fa/register/?sl=1, listed as 'ایران'). The broker also runs a Persian-language version of its site at https://www.xstrades.com/fa/, whose footer names only the USA and North Korea as restricted.
6Not on the registration list, and so not selectable as a country of residence: among others the United Kingdom, all 27 EU member states, Iceland, Liechtenstein, Norway, Switzerland, Canada, Australia, New Zealand, Japan, South Korea, China, Hong Kong, Singapore, India, Pakistan, Turkey, Russia, South Africa, Egypt, the United Arab Emirates, Saudi Arabia and the other Gulf states. Several overseas territories of European states, such as Reunion, Martinique and the Aland Islands, are on it. None of these absent jurisdictions is named as refused in the broker's own text, so none is recorded as blocked.

Deposits & withdrawals

Funding Methods

2 ways to fund an account.

2 methods

Method	Deposit fee	Withdrawal fee	Min deposit	Withdrawal min / max	Processing
Wire TransferWire Transfer Source: the XS Trades Ltd Client Services Agreement. Clause 18.1: deposits are made via wire transfer or any other method the company accepts from time to time; third-party and anonymous payments are not accepted; deposits are required in the currency of the trading account, and the agreement says the deposit options are detailed on the website, which currently publishes no funding page. Clause 18.8: a deposit is credited within one business day after the funds clear in the company's bank account; clauses 9.4 and 18.4: only the amount received net of bank charges is credited. Withdrawals: clause 18.12 requires the same method and the same remitter used to fund the account, and the company may return funds only in the currency deposited; clause 18.13 pays to the originating account in the client's name within the time period the agreement says is specified on the website (no withdrawal time is published); clause 18.16: no payments to third parties. Fees: clause 18.14, all third-party payment and transfer charges are borne by the client; clause 19.2, the company may charge incidental banking-related fees such as wire charges for deposits and withdrawals; clause 18.15, withdrawal fees may apply depending on the client or the account type, with the fees said to be on the website (none are published); clause 19.9, a 3% administration fee on deposited funds may be charged where deposits and withdrawals are made without trading activity; clause 19.8, a 50 USD annual administrative fee may be charged after one year with no funding or trading. No minimum or maximum per transfer is published; minimum deposits are set per account type (none on Standard, Cent and Classic; 500 USD on Pro and Elite).	Not recorded	Not recorded	Not recorded	Not recordedNot recorded	Not recorded
Credit/Debit CardCredit Card Source: the XS Trades Ltd Client Services Agreement. Clause 17.2: card transactions are processed by Ficupay Limited, an affiliated entity of XS Trades Ltd, registration no. HE433983, 68 Spyrou Kyprianou, 4042 Germasogeia, Limassol, Cyprus. The agreement does not name the card schemes accepted, and the website names no payment method. Clause 18.18: the company may recover any chargeback from the client, including by charging the client's credit card; clause 19.10: a 50 USD administration fee may be charged for any chargeback, intentional or not; clause 19.11: suspected card fraud can lead to account restrictions. Clause 18.8: a deposit is credited within one business day after the funds clear in the company's bank account. Withdrawals go back by the same method and to the same remitter (18.12), to the originating account in the client's name (18.13, 18.16), within a time the agreement says is specified on the website (none is published). Fees: third-party charges are borne by the client (18.14); withdrawal fees may apply depending on the client or the account type (18.15), none published; a 3% administration fee on deposited funds may be charged where deposits and withdrawals are made without trading activity (19.9); a 50 USD annual administrative fee may be charged after one year with no funding or trading (19.8). No card minimum, maximum or fee is published.	Not recorded	Not recorded	Not recorded	Not recordedNot recorded	Not recorded

Trading software

Trading Platforms

2 trading platforms on record: MetaTrader 5 and MetaTrader 4.

2 platforms

MetaTrader 5
by MetaQuotes Software Corpsince 2010Developer site
Offered for Windows desktop, Mac, web, iOS and Android. All five account types are offered on MT5, with equity-based dynamic leverage for eligible countries; the PAMM service runs on MT5.
Runs on
- Mac
- Web Trader
- Android
- iOS
Features on record
- Expert Advisors
- Depth of Market
- Hedging
- Built-in economic calendar
- PAMM
Download
Details
MetaTrader 4
by MetaQuotes Software Corp.since 2005Developer site
Offered for Windows desktop, web, iOS and Android. Standard, Pro and Elite run on MT4 with lot-based dynamic leverage for eligible countries; Classic on MT4 depends on the country; Cent is MT5 only.
Runs on
- Web Trader
- Android
- iOS
Features on record
- Expert Advisors
- One-click trading
Download
Details

Websites

Global Domains

2 domains on record. All active and served over HTTPS.

2 domains

xstrades.comMain siteActiveHTTPS
my.xstrades.comClient portalActiveHTTPS

Legal entities

Corporate Network

13 legal entities behind the XSTrades brand.

13 entities

XS LTDdissolvedMauritiusRegistration C57567Established Mar 22, 2022
XS MARKETS LTDActiveCyprusRegistration HE386563Established Aug 24, 2022
XS PRIME LTDActiveLicence holderAustraliaRegistration 141194934Established Dec 18, 2009Holds ASIC
XS LtdActiveSeychellesRegistration 8428765-1Named by XS as the company that operates xs.com and as the contracting party in its client services agreement.
XS Finance LtdActiveMalaysiaRegistration LL17310
XS ZA (Pty) LtdActiveLicence holderSouth AfricaRegistration 2023/608801/07Holds FSCA

Show 7 more

XS Trade Services LtdActiveMauritiusRegistration 224974
XS COM Financial Consultation L.L.CActiveUnited Arab EmiratesRegistration 1495925
XS UnitedActiveKuwaitXS publishes no company number for this Kuwait entity; the only number it gives, 2097/2025, is a licence number.
XS (LC) LTD.ActiveSaint LuciaRegistration 2025-00114
XS LtdActiveSaint Vincent and the GrenadinesRegistration 27216 BC 2025A separate Saint Vincent and the Grenadines company with the same name as the Seychelles XS Ltd.
XS Fintech LtdActiveCyprusRegistration HE 426566Described by XS as the technology arm of XS Group and a provider of fintech solutions.
Ficupay LtdActiveCyprusRegistration HE 433983Described by XS as the payment agent of the XS entities.

Company registry check

Checked Oct 27, 2026

Company Registration

XSTrades names XS Trades LTD as the operating company. We could not confirm that registration on the registry.

Not confirmed on registry

Legal entity: XS Trades LTD
Registration number: 26981 BC 2023
Jurisdiction: Saint Vincent and the Grenadines
Registry: St. Vincent and the Grenadines Financial Services Authority, business companies registry
Registered address: Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines

Peer comparison

Brokers worth comparing

4 other brokers on the record share what XSTrades offers — its country, regulator, account types or platforms — set beside it on the same measures.

4 peers

XSTrades
This recordSaint Vincent and the Grenadines · since 2009· XS Trades LTDWikilix score 50.0RegulationRegulatedASICMax leverage1:2000Platforms2Licences5
Anzo Capital
Saint Vincent and the Grenadines · since 2015Wikilix score 50.0RegulationOffshoreFCAMax leverage1:1000Platforms2Licences2
MultiBank Group
Hong Kong · since 2010· MEX Group Worldwide LimitedWikilix score 50.0RegulationRegulatedASICMax leverage1:500Platforms3Licences9
FXCC
Cyprus · since 2010· FX Central Clearing LtdWikilix score 50.0RegulationRegulatedCySECMax leverage1:200Platforms2Licences2
RRFX
Indonesia · since 2007· PT RRFX Investasi BerjangkaWikilix score 50.0RegulationRegulatedBAPPEBTIMax leverage1:400Platforms1Licences3

Frequently Asked Questions

Common questions about XSTrades

Most Popular Questions

Yes. XSTrades offers a PAMM (Percentage Allocation Money Management) service that it describes as fully compatible with MetaTrader 5, and investors join a money manager's strategy through a link the manager shares.

The XSTrades account pages give a margin call level of 40% on every account and a stop-out level of 20%, or 10% on the Cent account. Its client services agreement sets different terms: the company may start closing positions once margin falls below 100% of the requirement, and positions are closed automatically at 40% or less.

Yes. XSTrades lists a swap-free option on all five of its account types: Standard, Cent, Pro, Elite and Classic.

Yes, on the Standard, Pro, Elite and Classic accounts. The Cent account has no demo version.

Complaints are made on the company's complaint form, sent by email to complaints@xstrades.com, and handled by its Compliance Department. Its complaints handling policy promises a written acknowledgement within 5 business days, a final or holding response within 8 weeks and a final response within 12 weeks.

Its client services agreement says client money is placed in segregated client accounts with an approved bank or payment provider. The same agreement asks clients to consent to their money being held with a payment provider or third party that does not follow those rules, and in omnibus accounts, and it pays no interest on client money.

XSTrades does not offer its services to residents of the USA and North Korea, and applicants must declare that they are neither a citizen nor a resident of the United States for tax purposes. Its registration form lists 154 countries and territories of residence, and the United Kingdom, the EU member states, Canada, Australia, Japan, South Africa and the Gulf states are not among them.

Yes, its client services agreement allows several. After a year with no funding or trading the company may charge a 50 USD annual administrative fee, or the remaining balance if it is lower, and archive the account; it may also charge a 3% administration fee on deposited funds when money is deposited and withdrawn without trading, a 50 USD fee for any chargeback, and banking charges such as wire fees.

Withdrawals are requested through the XSTrades client portal, paid only from free margin, and returned by the same method to an account in the client's own name. The website does not publish withdrawal processing times or fees; the client services agreement says withdrawal fees may apply depending on the client or the account type, and that third-party payment charges are borne by the client.

XSTrades offers margin trading in forex, metals, energies, indices, cryptocurrencies, futures and shares. What you can trade depends on the account and platform: shares are offered only on MT5 with the Standard and Pro accounts, Elite on MT5 adds futures but not shares, and the Cent account is limited to forex and metals.

XSTrades offers MetaTrader 4 and MetaTrader 5. MT5 is available for Windows, Mac, web, iOS and Android, and MT4 for Windows, web, iOS and Android. The Cent account runs on MT5 only, and the broker's PAMM money-management service also runs on MT5.

XSTrades offers five account types: Standard, Cent, Pro, Elite and Classic. Standard, Cent and Classic have no minimum deposit, Pro and Elite require 500 USD, and only Elite charges a commission, in exchange for raw spreads. Cent balances are shown in US cents and the account runs on MT5 only, Classic is a Partners Special account for clients of the broker's partners, and every account has a swap-free option.

No. XSTrades is run by XS Trades LTD, which its website says is registered in Saint Vincent and the Grenadines and authorised to operate under the XS brands and trademarks, while XS names XS Ltd, a Seychelles company, as the operator of xs.com. The XS licences sit with the group's other companies and, on the regulators' records, with other websites: the Seychelles FSA lists XS Ltd with xs.com, CySEC approves only www.xsmarkets.com for XS Markets Ltd, and ASIC's record for XS Prime Ltd gives xsprime.com. An account opened on xstrades.com is held with XS Trades LTD, which has no licence of its own.

XSTrades is operated by XS Trades LTD, which its website says is registered and authorised under the laws of Saint Vincent and the Grenadines with registration number 26981 BC 2023. Its client services agreement names XS Trades LTD as the company clients contract with and gives its registered address as Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines. The company says it is authorised to operate under the XS brands and trademarks, but it is a separate company from the XS companies that hold the brand's licences, such as XS Ltd in Seychelles, XS Markets Ltd in Cyprus and XS Prime Ltd in Australia.

Yes. XSTrades offers live chat through the chat icon in the bottom corner of its website, as well as email support at support@xstrades.com, and its contact page does not state support hours. The website is available in English, French, Spanish, Portuguese, Arabic and Persian, and the contact page describes the support team as multilingual, although formal notices under the client agreement are given in English.

Only on the Elite account, which charges 3 USD per side per lot, or 6 USD per round turn, with the full round-turn commission charged when a position is opened. The Standard, Cent, Pro and Classic accounts charge no commission, and their cost is in the spread: average EUR/USD spreads are 1.1 pips on Standard and Cent, 0.7 pips on Pro and 1.6 pips on Classic, against 0.1 pips on Elite.

There is no minimum deposit on the Standard, Cent and Classic accounts. The Pro and Elite accounts require a minimum deposit of 500 USD.

The XSTrades website does not publish a list of payment methods. Its client services agreement names bank wire transfer and card payments, with cards processed by Ficupay Limited, a Cyprus company it describes as an affiliate of XS Trades LTD, and says other methods may be accepted from time to time. Deposits are credited within one business day after the funds clear, net of bank charges, and third-party or anonymous payments are not accepted.

XSTrades offers dynamic leverage of up to 1:2000 on all five account types, set by account equity on MT5 and by position size on MT4. Its client services agreement lets the company change a client's leverage at its discretion, and on Fridays from 21:00 to 24:00, and at times before major news, it may limit new forex positions to 1:100 and apply four times the standard margin on other instruments.

No. XS Trades LTD, the company that runs XSTrades and that its clients contract with, holds no financial services licence; its website says it is registered in Saint Vincent and the Grenadines under number 26981 BC 2023, which is a company registration, not a licence. The licences listed on the XSTrades website belong to other XS companies, and none of them covers XSTrades accounts:

ASIC licence 374409: XS Prime Ltd, for wholesale clients
CySEC licence 412/22: XS Markets Ltd
FSCA authorisation 53199: XS ZA (Pty) Ltd
Seychelles FSA licence SD089: XS Ltd, on the FSA's list of securities dealers
Labuan FSA licence MB/21/0081: attributed by the site to XS Finance Ltd

The first four were listed under those companies when the regulators' registers were checked on 27 October 2026.

XSTrades

Trading Conditions

Official website

Funding Methods

Wire Transfer

Credit/Debit Card

Trust rating

Regulation

What we checked

What this measures

Identity

What we checked

What this measures

Client terms

What we checked

What this measures

Trading offer

What we checked

What this measures

Service

What we checked

What this measures

Regulatory Licenses

Company Information

Customer Support

Is XSTrades a scam?

XSTrades Broker Overview

XSTrades Regulation and License

Is XSTrades Regulated?

Is XSTrades Safe?

XSTrades Account Types

XSTrades Spreads, Commissions and Fees

XSTrades Leverage

XSTrades Trading Platforms

XSTrades Deposits and Withdrawals

XSTrades Support

XSTrades Pros and Cons

XSTrades Review and Assessment

Australia Securities & Investment Commission 374409

Permissions

What our check found

Client protection under this licence

Tier 1 and 2 authorities

Tier 3 and 4 authorities

Ended, or not confirmed as a licence

MetaTrader 5

Runs on

Features on record

MetaTrader 4

Runs on

Features on record

XSTrades

Anzo Capital

MultiBank Group

FXCC

RRFX

Frequently Asked Questions

Does XSTrades offer PAMM accounts?

What are the margin call and stop-out levels at XSTrades?

Does XSTrades offer swap-free accounts?

Does XSTrades offer a demo account?

How do I make a complaint to XSTrades?

Does XSTrades keep client funds segregated?

Which countries does XSTrades accept clients from?

Does XSTrades charge inactivity or other non-trading fees?

How do withdrawals work at XSTrades, and how long do they take?

What can I trade with XSTrades?

Which trading platforms does XSTrades offer?

What account types does XSTrades offer?

Is XSTrades the same as XS.com?

Who operates XSTrades?

Is live chat support available at XSTrades?

Does XSTrades charge commissions on trades?

What is the minimum deposit required to start trading with XSTrades?

What are the deposit options available with XSTrades?

What is the maximum leverage offered by XSTrades?

Is XSTrades regulated?

Can't find what you're looking for?

Comments