Ram Nisha

Writer:

Ram Nisha
Rajesh  Sharma

Reviewer:

Rajesh Sharma
Sinan  Aydın

Fact checker:

Sinan Aydın
Modified:

XS.com Broker Review 2025

XS.com Broker Review 2025
Go to Website
Your Capital is at risk.
Company:XS.com
Founded:2010
Min Deposit:$1
Max Leverage:2000
Headquarter:

Sydney, Australia

US Accepted:
Fund Insurance 8 Available Markets Demo Contest 1:2000 Maximum Leverage PAMM Account

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Your Capital is at risk.

About
XS.com is an Australian broker started its work in 2010 as a trademark of XS Group. “Mohamad Ibrahim” is the CEO of this regulated [by 5 regulators including ASIC and CySEC] broker. It has won 20+ awards.
Contact
Morris Mennilli, Suite 701 Level 7 , 92 Pitt Street , Sydney NSW 2000.
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
Multi-Jurisdictional Regulation Enhancing Credibility and Security
Wide Range of Tradable Instruments Across Multiple Asset Classes
Advanced Trading Platforms (MT4 And MT5)
Competitive Spreads and Zero Commissions on Certain Account Types
Multilingual Customer Support Available 24/5
Cons
High Leverage Options May Pose Significant Risks for Inexperienced Traders
Some Account Types May Have Higher Minimum Deposit Requirements
Educational Resources May Not Be as Extensive as Some Competitors
Not Available in All Jurisdictions Due to Regulatory Restrictions
score of blog
5 From 5.0
(1)
Rate this post
658

XS.com broker was launched in 2010 and offers 8 markets to trade. It has advanced platforms [MT4, MT5] and 5 regulations [FSA, ASIC, CySEC, LFSA, FSCA] licenses. XS.com has a minimum deposit of $0 and a minimum order of 0.01 lot.

XS.com review
XS.com is an Australian broker launched in 2010

XS.COM Company Information & Regulation

XS.com forex broker has come a long way since its inception in Australia over a decade ago. Today, it stands as a global market leader in the fintech, financial services, and online trading industry.

What sets XS.com apart is its commitment to regulatory compliance across multiple jurisdictions, providing traders with an added layer of security and peace of mind. XS.com Regulation:

  • Financial Services Authority (FSA) of Seychelles
  • Australian Securities and Investments Commission (ASIC)
  • Cyprus Securities and Exchange Commission (CySEC)
  • Labuan Financial Services Authority (LFSA) in Malaysia
  • Financial Sector Conduct Authority (FSCA) in South Africa
XS.com Regulation
XS.com is regulated by FSA, ASIC, CySEC, LFSA, and FSCA

This multi-jurisdictional approach not only demonstrates XS.com's commitment to regulatory compliance but also allows it to cater to a diverse global clientele while adhering to the highest standards of financial conduct.

XS.com provides standard security protocols such as negative balance protection, Know Your Customer (KYC) procedures, and segregated funds.

However, it does not participate in any investor compensation schemes, which may limit client recourse in cases of broker insolvency.

Summary of Specifications

XS.com isn't just another run-of-the-mill broker. It's a comprehensive trading ecosystem designed to empower traders with cutting-edge tools, resources, and market access. Here's a snapshot of what XS.com brings to the table:

Broker

XS.com

Account Types

CENT, STANDARD, MICRO, ELITE, PRO, VIP, EXTRA, CLASSIC, PLUS

Regulating Authorities

FSA, ASIC, CySEC, LFSA, FSCA

Based Currencies

USD

Minimum Deposit

$0

Deposit/Withdrawal Methods

Bank Transfer, VISA, MasterCard, Skrill, Neteller

Minimum Order

0.01 Lot

Maximum Leverage

1:2000

Investment Options

Copy Trading, PAMM Account

Trading Platforms & Apps

MT4, MT5

Markets

Shares, Indices, Metals, Futures, Commodities, Forex, Energy, Crypto

Spread

From 0.01 Pips

Commission

$0

Orders Execution

Market

Margin Call/Stop Out

Varies by Account Types

Trading Features

1:2000 Maximum Leverage, Demo Contest, PAMM Account, 8 Available Markets, Fund Insurance

Affiliate Program

Yes

Bonus & Promotions

Demo Contest

Islamic Account

Yes

PAMM Account

Yes

Customer Support Ways

Email, Live Chat

Customer Support Hours

24/5

What Are XS.com Broker Account Types?

XS.com Account Types
There are 9 accounts available to trade in XS.com broker

One of XS.com's strengths lies in its diverse range of account types, each tailored to suit different trading styles, experience levels, and financial goals; It has 3 account types [Preferred, Professional, Partners] that each of them divides into 3 accounts.

Preferred Account Types

Specifics

CENT

STANDARD

MICRO

Trading Platform

MT5

MT4, MT5

MT5

Average Spread

1.1 Pip

1.1 Pip

1.1 Pip

Commission

None

None

None

Instruments

Currencies, Metals

Currencies, Metals, Crypto, Energy, Indices, Futures, Shares

Currencies, Metals, Energy, Indices

Minimum Deposit

$0

$0

$0

All accounts allow micro-lot trading and support up to 100 simultaneously open positions. Traders can also maintain multiple accounts to diversify their trading strategies.

Professional Account Types

Specifics

ELITE

PRO

VIP

Trading Platform

MT4, MT5

MT4, MT5

MT5

Average Spread

0.1 Pip

0.7 Pip

0.1 Pip

Commission

$3 Per Side

None

$1

Instruments

Currencies, Metals, Crypto, Energy, Indices, Futures

Currencies, Metals, Crypto, Energy, Indices, Futures, Shares

Currencies, Metals, Crypto, Energy, Indices, Futures, Commodities

Minimum Deposit

$500

$500

$100000

Partner Special Account Types:

Specifics

EXTRA

CLASSIC

PLUS

Trading Platform

MT4, MT5

MT4, MT5

MT4, MT5

Average Spread

2.1 Pip

1.6 Pip

0.1 Pip

Commission

None

None

5$, 7.5$, 10$

Per Side

Instruments

Currencies, Metals, Crypto, Energy, Indices, Futures

Currencies, Metals, Crypto, Energy, Indices, Futures

Currencies, Metals, Crypto, Energy, Indices, Futures

Minimum Deposit

$0

$0

$0

This diverse array of account types ensures that whether you're dipping your toes into forex trading or looking to execute high-volume strategies, XS.com has an account tailored to your needs.

XS.COM Advantages and Disadvantages

Like any broker, XS.com comes with its own set of strengths and potential drawbacks. The table below weighs the pros and cons to help you make an informed decision:

Pros

Cons

Multi-Jurisdictional Regulation Enhancing Credibility and Security

High Leverage Options May Pose Significant Risks for Inexperienced Traders

Wide Range of Tradable Instruments Across Multiple Asset Classes

Some Account Types May Have Higher Minimum Deposit Requirements

Advanced Trading Platforms (MT4 And MT5)

Educational Resources May Not Be as Extensive as Some Competitors

Competitive Spreads and Zero Commissions on Certain Account Types

Not Available in All Jurisdictions Due to Regulatory Restrictions

Multilingual Customer Support Available 24/5

-

While XS.com offers a robust trading environment with numerous advantages, it's crucial for traders to carefully consider these factors in light of their individual trading goals and risk tolerance.

How to Sign Up in XS.com Broker? Easy Step-by-Step Guide!

The XS.com registration is a simple 3-step process designed for both beginners and experienced traders. Once your account is active, you can access global financial markets through XS.com’s trading platform.

#1 Register Your Basic Details

Go to the XS.com homepage and click “Register”. Complete the form with the following details:

  • Full name
  • Email
  • Phone number
  • Country of residence
  • Password

Confirm the terms and proceed.

XS.com Registration
XS.com sign up application form

#2 Verify Your Email Address

Check your inbox for a verification email from XS.com. Copy the provided code and paste it into the platform to activate your account.

#3 Finalize Your Profile

Complete your trading profile by submitting the following information:

  • Date of birth
  • Nationality
  • Tax residency
  • Financial background

Answer a short questionnaire regarding trading experience to complete onboarding.

#4 Proceed with the KYC Procedure

To fully activate your trading account, you must complete the XS.com verification process and upload supporting documents, including:

  • Proof of Identity: Passport or Driving license
  • Proof of Address: Utility bill or bank statement

The verification process typically takes 1-2 business days, depending on the accuracy and completeness of the submitted documents.

Trading Platforms

XS.com offers two of the most popular and powerful trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). XS.com Trading Platforms:

MetaTrader 4 (MT4)

  • Industry-standard platform known for its user-friendly interface
  • Advanced charting capabilities with multiple timeframes
  • Expert Advisors (EAs) support for automated trading
  • Customizable indicators and tools for technical analysis
  • Available on desktop, web, and mobile devices

MetaTrader 5 (MT5)

  • Next-generation platform with enhanced features and capabilities
  • Support for trading a wider range of assets, including stocks and futures markets
  • Advanced Market Depth feature for better order book analysis
  • Built-in economic calendar for fundamental analysis
  • More sophisticated backtesting and strategy optimization tools

Both platforms are available for Windows, Mac, iOS, and Androiddevices, ensuring that you can manage your trades anytime, anywhere. XS.com also provides a web-based version of both platforms, allowing for instant access without the need for downloads or installations.

XS.com Trading PlatformsIn order to trade in XS.com, you can use MetaTrader 4 or MetaTrader 5

XS.COM Spreads and Commissions: Full Comparison in Account Types

XS.com offers competitive spreads and commissions across its various account types, catering to different trading styles and volumes. XS.com Fees and Spreads:

Accounts

CENT

STANDARD

MICRO

ELITE

PRO

VIP

EXTRA

CLASSIC

PLUS

Spreads

1.1 Pip

1.1 Pip

1.1 Pip

0.1 Pip

0.7 Pip

0.1 Pip

2.1 Pip

1.6 Pip

0.1 Pip

Commission

None

None

None

$3 Per Side

None

$1

None

None

5$, 7.5$, 10$

Per Side

Spreads in XS.com can widen during periods of high market volatility or low liquidity. Always check the current trading conditions and contract specifications before placing trades.

Traders benefit from market execution across all account types. Additionally, XS.com does not apply any deposit, withdrawal, or inactivity fees, which keeps trading costs transparent and consistent.

What Deposit & Withdrawal Methods Are Available at XS.com?

The broker provides a variety of secure and convenient payment methods. XS.com deposit and withdrawal options:

  • Bank Transfer: Minimum deposit of $300, processing time of 1-7 business days
  • Credit/Debit Cards (VISA/MasterCard): Instant deposits, minimum $15, maximum $25,000
  • E-wallets (Skrill, Neteller): Instant deposits, minimum $15, maximum $15,000

Withdrawals in XS.com are processed within 1-3 business days, depending on the chosen method. XS.com does not charge fees for deposits or withdrawals, but third-party fees may apply.

Copy Trading & Investment Options

While XS.com primarily focuses on direct trading, they do offer some options for those interested in copy trading and managed investments:

  • PAMM Account: Percentage Allocation Management Module accounts allow investors to allocate their funds to experienced traders and share in their profits;
PAMM Account
PAMM account is one of the available investment options in XS.com
  • Copy Trading: While not as extensive as some dedicated copy trading platforms, XS.com does offer some copy trading capabilities in association with other brokers.

What Markets Can I Trade in XS.com?

XS.com provides access to over 200 tradable instruments across multiple asset classes, including:

  • Forex: Over 50 currency pairs, including majors, minors, and exotics
  • Stocks: CFDs on shares of major global companies
  • Indices: Major global stock indices
  • Metals: Precious Metals, including gold and silver
  • Commodities: Agricultural products and other commodities
  • Cryptocurrencies: Bitcoin, Ethereum, and other popular cryptocurrencies
  • Futures: A selection of futures contracts
  • Energy: Oil and natural gas CFDs

This wide array of instruments allows traders to diversify their portfolios and take advantage of opportunities across different markets.

Markets & Instruments8 Markets, including forex, are available to trade in the XS.com broker

Does XS.COM Forex Broker Offer Bonuses and Promotions?

While XS.com doesn't typically offer cash bonuses or deposit matches due to regulatory restrictions, they do provide other valuable promotions:

  • Demo Trading Contests: Regular competitions where traders can win real cash prizes using demo accounts
  • Loyalty Programs: Rewards for active traders, including improved trading conditions and personalized services

Always check the XS.com website or contact customer support for the latest promotional offerings, as these can change over time.

Customer Support

XS.com broker provides comprehensive, multilingual customer support through 2 methods. XS.com Support:

  • Email Support: Available 24/5 for all inquiries
  • Live Chat: Instant support during business hours

The support team is known for its responsiveness and expertise, ensuring that traders can get assistance whenever they need it.

What Countries Are Banned from Using XS.com Broker Services?

While XS.com strives to provide its services globally, regulatory restrictions mean that the broker cannot offer its services in certain jurisdictions.

XS.com Restricted Countries
List of XS.com restricted countries

Some notable restrictions include:

  • United States: Due to strict regulations, US residents cannot open trading accounts with XS.com;
  • Iran: Sanctions prevent XS.com from offering services to Iranian residents;
  • North Korea: International sanctions restrict access to XS.com's services.

Note: The List of restricted countries can change based on evolving regulatory landscapes.

XS.com Trust Scores & Reviews

Trust and reputation are crucial factors when choosing a forex broker. XS.com has garnered a range of reviews across different platforms such as Trustpilot and ForexPeaceArmy:

The generally positive ratings on Trustpilot suggest that many traders have had satisfactory experiences with XS.com. Common praises include:

  • A diverse range of account options
  • Fast and reliable payment methods
  • Transparent operations
  • Advanced trading platforms
  • Informative blog section for both novice and experienced traders

On the other hand, there are also some negative reviews. These typically mention issues such as:

  • Withdrawal processing times
  • Customer service responsiveness during peak hours
  • Platform stability during high volatility periods

It's worth noting that XS.com appears to actively respond to negative reviews and work towards resolving issues, which is a positive sign of their commitment to customer satisfaction.

XS.com TrustpilotXS.com trust score in Trustpilot

Educational Resources

XS.com places a strong emphasis on trader education, offering a range of resources to help clients improve their trading skills and market knowledge:

  • Blog: Regular articles covering market analysis, trading strategies, and industry news
  • Webinars: Live and recorded sessions hosted by industry experts on various trading topics

XS.com Compared to Other Brokers

Let's compare XS.com features and services with those of other brokers:

Parameter

XS.com Broker

FXGT BrokerPepperstone BrokerMoneta Markets Broker

Regulation

FSA, ASIC, CySEC, LFSA, FSCA

VFSC, CySEC, FSA, FSCAASIC, SCB, FCA, DFSA, CMA, BaFin, CySECFSCA, FSRA

Minimum Spread

From 0.01 PipsFrom 0.0 PipsFrom 0.0 pipsFrom 0.0 pips

Commission

$0

From $0.0From $0.0From $0.0

Minimum Deposit

$0

$5$1$50

Maximum Leverage

1:2000

1:50001:5001:1000

Trading Platforms

MT4, MT5

MT4, MT5Proprietary Platform, cTrader, Trading View, MetaTrader 4&5MT4, MT5, Pro Trader, App Trader

Account Types

CENT, STANDARD, MICRO, ELITE, PRO, VIP, EXTRA, CLASSIC, PLUS

Standard+, ECN Zero, Mini Optimus, ProStandard, RazorDirect, Prime, Ultra

Islamic Account

YesYesYesYes

Number of Tradable Assets

200+

N/A1200+1000+

Trade Execution

Market

MarketInstantMarket

Expert Conclusion and Final Words

XS.com broker has 8 account types [CENT, STANDARD, MICRO e.g] offering $0 commission; Maximum leverage of this Forex Broker is 1:2000 and spreads start from 0.01 pips. Although these advantages seem good but XS.com has disadvantages too [lack of proper educational resources e.g.]

FAQs

Is XS.com a regulated broker?

Yes, XS.com is regulated by multiple authorities including FSA Seychelles, ASIC Australia, CySEC Cyprus, LFSA Malaysia, and FSCA South Africa.

What is the minimum deposit at XS.com?

The minimum deposit varies by account type and payment method, starting from as low as $0 for some accounts.

Does XS.com offer leverage trading?

Yes, XS.com offers leverage up to 1:2000, depending on the account type and regulatory restrictions.

What trading platforms are available?

XS.com provides MetaTrader 4 and MetaTrader 5 for desktop, mobile, and web-based trading.

What account types are offered?

There are 9 account types, including CENT, STANDARD, MICRO, ELITE, PRO, VIP, EXTRA, CLASSIC, and PLUS.

What markets can I trade?

You can trade Forex, stocks, indices, metals, energy, futures, commodities, and cryptocurrencies.

Are there any commissions on trades at XS.com?

Many account types have $0 commission, but some (like VIP or PLUS) may charge up to $10/side.

What are the available payment and withdrawal methods?

XS.com supports bank transfer, cards, Skrill, Neteller, with deposits starting at $15 for e-wallets.

Is XS.com suitable for Islamic traders?

Yes, XS.com provides Islamic (swap-free) accounts across multiple account types.

Does XS.com offer copy trading or investment options?

Yes, XS.com supports PAMM accounts and limited copy trading through affiliated services.

How do spreads and commissions vary by account?

Spreads start from 0.01 pip and commissions range from $0 to $10/side, based on the account type.

Are there any signup bonuses or trading promotions?

XS.com offers demo contests and loyalty programs, but not traditional deposit bonuses due to regulations.

What is the customer support availability?

XS.com provides 24/5 support via email and live chat, in multiple languages.

How does account registration and KYC work?

Traders register via the website, then verify email and upload ID + proof of address for KYC.

What is the minimum order size on XS.com?

Traders can start with 0.01 lot per trade on all account types.

0Comment