L7-Banner-728×90

XS Broker Review 2026: Accounts, Platforms, Pros and Cons

Prefer us on Google
Summary:
  • In this review, we take an in-depth look at XS, its offerings to its clients, what makes it stand out, as well as its pros and cons.

If you are looking for a broker that is easy to start with but still grows with you, XS.com may be worth considering.

XS.com is a global multi-asset broker established in 2010 in Australia. You can trade CFDs on forex, shares, indices, metals, energy, crypto, and futures.

We will explain below why XS.com is worth looking at for traders of any level in this review.  

Basic Information about XS. com

Regulated in8 licensed jurisdictions: ASIC, CySEC, FSCA, LFSA Malaysia, FSA Seychelles, FSC Mauritius, CMA UAE, MOCI Kuwait
EstablishedIn 2010, Australia
PlatformsMT4, MT5
LeverageUp to 1:2000
Minimum DepositUSD 0 on Standard, Cent, and Micro accounts
Transfer FeesNone
Customer SupportMultilingual, 24 hours / 5 days a week

XS.com Pros and Cons

Pros of XS.com

  • Regulated by 8 regulated entities worldwide
  • No minimum deposit set to open an account with XS
  • Spread starts from a 0.1 pip average on the Elite account
  • No transfer fee is charged by XS.com
  • Every live account has extra insurance cover up to $5 million
  • Multilingual website and customer support provided

Cons of XS.com

  • Account types and leverage vary by region, so not every option is available everywhere

Regulation Details of XS.com

XS.com is authorized by regulatory authorities and provides appropriate services globally, so even those new to trading can use the platform with peace of mind.

CompanyLicenseNumberCountry
XS.com Prime LtdAustralian Securities and Investments Commission (ASIC)374409Australia
XS.com Markets LtdCyprus Securities and Exchange Commission (CySEC)412/22Cyprus
XS.com ZA (Pty) LtdFinancial Sector Conduct Authority (FSCA)FSP 53199South Africa
XS.com Finance LtdLabuan Financial Services Authority (LFSA)MB/21/0081    Labuan, Malaysia
XS.com LtdFinancial Services Authority of Seychelles (FSA)SD089Seychelles
XS.com Trade Services LtdFinancial Services Commission of Mauritius (FSC)GB25204786  Mauritius
XS.com COM Financial Consultation L.L.CCapital Market Authority (CMA), formerly the Securities and Commodities Authority (SCA)20200000339UAE
XS.com UnitedMinistry of Commerce and Industry (MOCI)513918Kuwait

XS.com Review: Which XS.com Account Types are suitable for you?

XS.com has accounts for every type of trader, from your first trade to high-volume trading.

AccountMin DepositBest forCommission
Cent / MicroNoneMainly forex traders; practice with small amountsNone
StandardNoneTraders who want to trade multiple assetsNone
Pro$ 500Low costs and no commissionNone
Elite$ 500Preferential, the tightest spreadsUSD 6 round trip
VIP$ 100,000High-Volume tradersCustomized

XS.com also offers two copy trading accounts on MT5, plus partner accounts.

XS.com Swap-free Accounts

Swap-free accounts are available for all account types on both MT4 and MT5. XS.com does not widen spreads or add administrative fees in place of swaps.

For residents of many Islamic countries, the swap-free status is applied automatically.

XS.com Deposit and Withdrawal Methods

XS.com offers a variety of deposit and withdrawal methods. While the available options may differ depending on your country of residence, you can choose from several methods, as shown in the table below.

 Min DepositMin WithdrawalWithdrawal duration
Credit Card (VISA, MasterCard)$20$57 to 10 working days
Skrill$15$501 working day
Neteller$15$15Instant
Bank Transfer$300$2501 to 7 working days

XS.com does not charge its own fees for deposits or withdrawals. Note that your bank or payment provider may apply its own charges.

XS.com also offers a prepaid Mastercard in US dollars. You can move funds between it and your XS.com Wallet, and use it at stores, ATMs, and online.

XS.com Review: Trading Platforms of XS

You can trade using MetaTrader 4 or MetaTrader 5, or use the XS.com Trading App for iOS and Android.

The app allows you to open demo and live accounts, manage your funds, and monitor your trades. Copy trading and PAMM are also available.

ATFX Cashback 336×280 inline posts

XS.com Support and Educational Resources

XS’s customer support is available 24 hours per day, 5 days a week. 

Support ContactAvailableLanguagesResponse
Help Center on the Website24/7MultilingualWebsite
Email Support ([email protected])24/5MultilingualWithin hours
Live chat24/5MultilingualWithin minutes

You also have full access to free online courses, e-books, glossary, economic calendar, and various trading calculators.

Of particular note is XS.com AI Insights. It analyzes trading history and identifies over 60 bias patterns, such as taking on too much risk after a losing streak.

How XS.com Protects Traders’ Accounts

All real accounts come with free civil liability insurance underwritten by Lloyds of London.

It will cover losses exceeding US$10,000 but up to a maximum of US$5 million, including losses due to negligence or problems on the part of the operator.

Also, trader accounts are held in segregated accounts at a reputable international financial institution, kept separate from XS’s own funds.

Loyalty Rewards of XS

With XS.com Trading Miles, you can exchange miles earned from eligible trades in FX, precious metals, crude oil, and Bitcoin for withdrawable cash.

To qualify, a trade must be held for longer than two minutes. The VIP program has five tiers, from 3-star to 7-star, and membership is open to those with a quarterly trading volume of US$45 million or more.

Is XS.com a Good Broker?

XS.com is a strong choice if you want reliable regulation and useful tools in one platform.

  • Beginners: you can start with no minimum deposit, such as a Cent or Micro account.
  • Active traders: Spread from a 0.1 pip average, plus cash rewards from Trading Miles.
  • Who want to skill up: AI insights show the habits that cost you money.

Before you start with XS, check that XS.com serves your country. Then open a demo account and choose the account that fits your trading style.


FAQs

Is XS.com regulated by licenses?

Yes. XS.com is licensed in 8 jurisdictions, including ASIC and CySEC.

What is the minimum deposit to start trading with XS?

No minimum deposit is set on Standard, Cent, and Micro accounts. Pro and Elite accounts start at $500.

Does XS.com charge deposit or withdrawal fees?

No fees charged. However, the bank or third company may charge transaction fees.

    Live