XS Review 2026
We evaluate brokers using more than 150 criteria covering regulation, trading costs, account types, platforms, withdrawals, and customer support.
Rating Breakdown
This score reflects regulation, trading costs, platform quality, deposits, withdrawals, and support.
This score reflects the broker’s overall balance between regulation, trading costs, platform quality, deposit and withdrawal experience, and customer support.
Main Advantages
5Competitive spreads on forex and indices trading
Fast order execution with strong liquidity from liquidity providers
Multiple account types suitable for beginners and professionals
Trading via MetaTrader 4 and MetaTrader 5 platforms
A trading environment suitable for scalping strategies
Main Disadvantages
3Minimum deposit may be relatively high for some account types
Certain services may vary depending on the regulatory entity
Availability of financial instruments may vary by country
Main Advantages
The main strengths that may make XS suitable for certain traders.
Competitive spreads on forex and indices trading
Fast order execution with strong liquidity from liquidity providers
Multiple account types suitable for beginners and professionals
Trading via MetaTrader 4 and MetaTrader 5 platforms
A trading environment suitable for scalping strategies
Main Disadvantages
The main points to consider before opening an account with XS.
Minimum deposit may be relatively high for some account types
Certain services may vary depending on the regulatory entity
Availability of financial instruments may vary by country
Account Types
A practical overview of the account types available at XS, including the key details of each account.
XS offers several account types for different trader profiles, from beginner-friendly accounts to lower-spread or commission-based options.
StandardBeginners⌄
MicroGeneral traders⌄
CentGeneral traders⌄
ProGeneral traders⌄
EliteScalping⌄
Choose the account that fits your strategy and open a real account in minutes.
Open Real AccountReview the differences in spreads, commissions, minimum deposits, execution type, and target trader profile across the available account options.
XS offers a range of account types designed for different trader profiles, from simple beginner-friendly accounts to lower-spread or commission-based accounts for more active traders.
Choose the account that fits your strategy and open a real trading account in just minutes.
Fees & Trading Costs
A clear overview of XS’s spreads, commissions, and other potential trading costs.
XS uses account-tier pricing. Standard, Micro and Cent offer commission-free spreads around 1.1–1.8 pips, while Pro tightens pricing to 0.6–1.0 pips without commission. Elite targets active traders with raw spreads around 0.0–0.2 pips and a $6-per-lot commission. Pro and Elite require $500, while entry-level accounts have no listed minimum deposit. Overnight costs vary by instrument and market conditions.
Deposits & Withdrawals
XS offers a practical funding setup with bank transfers, cards, e-wallets, and country-specific local payment solutions. The overall experience is more structured than promotional, with processing times and limits clearly tied to the chosen withdrawal method.
XS offers a practical funding setup with bank transfers, cards, e-wallets, and country-specific local payment solutions. The overall experience is more structured than promotional, with processing times and limits clearly tied to the chosen withdrawal method.
Platform Details
A closer look at the platforms offered by XS and the overall trading experience.
XS offers a MetaTrader-based trading environment with a focus on flexibility and access to different account types. The platform setup is suitable for traders who want a balance between simplicity and advanced trading tools.
XS offers a MetaTrader-based trading environment with a focus on flexibility and access to different account types. The platform setup is suitable for traders who want a balance between simplicity and advanced trading tools.
XS Licenses & Regulation
A detailed look at the regulators supervising XS, including license numbers and official registry links.
Regulation and Trader Protection
XS operates through multiple regulated entities and highlights a broader regulatory structure across different jurisdictions. The overall setup supports trust, although investor protection may vary depending on the entity used to open the account.
License numbers, legal entities, and official verification links for XS where available.
Show more licensesShow less
Client fund protectionClient funds are generally protected through segregation practices, while investor compensation and safeguards depend on the entity involved.Show moreShow less
What do these licenses mean?
The Australian regulator responsible for supervising financial services and investment firms.
The Cyprus Securities and Exchange Commission regulating investment firms.
An offshore financial regulator supervising licensed financial companies.
The regulatory authority responsible for supervising the non-bank financial services sector in Mauritius.
The South African regulator supervising financial service providers.
The Labuan Financial Services Authority of Malaysia.
Local registration with Kuwait Ministry of Commerce and Industry. It should not be treated as a forex regulatory licence equivalent to ASIC or CySEC.
The Securities and Commodities Authority of the United Arab Emirates.
Why does regulation matter?
Final Verdict
Overall, XS is a solid option for traders looking for strong execution and competitive spreads, though it may not be as established as larger brokers.
Frequently Asked Questions
What account types does XS offer and which one is best?▾
Is XS a legit broker or should traders be cautious?▾
Does XS really allow trading with no minimum deposit?▾
What is the difference between XS Standard and Elite accounts?▾
Is XS good for beginners or better for advanced traders?▾
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Does XS offer ECN-style trading or not?▾
How long do withdrawals take on XS?▾
What leverage does XS offer and is it safe to use?▾
Are XS spreads competitive compared to other brokers?▾
What are the main disadvantages of XS broker?▾
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