According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1,000
- MetaTrader4
- MetaTrader5
- XS.com
- ASIC
- FSA
- and CySEC
Our Evaluation of XS.com
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
XS.com is a moderate-risk broker with the TU Overall Score of 5.54 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by XS.com clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
XS.com offers attractive trading conditions due to the lack of minimum deposit requirements and trading fees on most account types, low spreads, and a wide range of assets. Its advantages include support of several trading platforms, various deposit and withdrawal methods, and 24/7 support. Moreover, the broker offers additional income options and doesn’t set any trading restrictions. However, there are certain disadvantages: most trading instruments are CFDs, withdrawals are limited, there are no PAMM/MAM accounts or copy trading, and there are regional restrictions.
Brief Look at XS.com
XS.com is a broker offering currency pairs and CFDs on stocks, indices, metals, energies, commodities, and cryptocurrencies. It offers a free demo account and four live account types, with a minimum deposit of $1,000 required for the Raw account. Other account types have no minimum deposit requirement. Spreads vary depending on the account type, with Raw accounts offering spreads as low as 0 pips and Standard accounts ranging from 0.9 to 1.9 pips. The Raw account incurs a $6 per lot trading fee, while other accounts do not. Leverage is flexible, with a maximum of 1:500. Deposit and withdrawal methods include bank cards, Skrill, Neteller, Klarna, and Giropay. The broker doesn’t charge withdrawal fees and offers additional income options (please clarify these options). Among available trading platforms are MetaTrader 4, MetaTrader 5, and the proprietary XS.com platform. Technical support is available 24/7.
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- Free demo account and no minimum deposit requirements on most live account types provide a low initial threshold;
- Low expenses are guaranteed by competitive spreads and fee-free trading on Standard, Classic, and Plus accounts;
- MT platforms allow traders to customize trading conditions;
- The broker doesn’t set restrictions on trading strategies and methods;
- Moderate leverage helps increase the profit potential significantly even with a small capital;
- Several passive income options are available;
- Technical support is highly competent and prompt.
- The broker offers many trading instruments, but most of them are CFDs;
- Withdrawals are limited to certain minimum amounts. For example, a minimum of $200 can be withdrawn by bank transfers;
- The broker doesn’t offer standard passive income options, such as joint accounts or copy trading.
TU Expert Advice
Author, Financial Expert at Traders Union
XS.com offers various trading instruments, including currency pairs and CFDs on stocks, indices, metals, energies, commodities, and cryptocurrencies. It supports popular MetaTrader 4 and 5 platforms, along with a proprietary solution. The broker provides Standard, Classic, Plus, and Raw accounts, with the latter requiring a minimum deposit of $1,000. Advantages include competitive spreads, no minimum deposit for most account types, absence of trading fees on certain accounts, multiple asset options, and 24/7 client support.
However, XS.com presents some drawbacks, primarily the limitation to CFDs for many trading instruments and restricted withdrawal methods with minimum threshold requirements. Additionally, the absence of PAMM/MAM accounts and copy trading could limit options for passive income enthusiasts. XS.com may not be suitable for traders seeking a comprehensive educational and analytical toolset. Ultimately, while XS.com offers competitive trading conditions, it best suits those comfortable navigating such drawbacks or focusing on standard CFD trading.
XS.com Trading Conditions
Your capital is at risk. Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved.
| 💻 Trading platform: | MetaTrader 4, MetaTrader 5, and XS.com |
|---|---|
| 📊 Accounts: | Standard, Classic, Plus, and Raw |
| 💰 Account currency: | USD |
| 💵 Deposit / Withdrawal: | Bank transfers, bank cards, and electronic payment systems |
| 🚀 Minimum deposit: | None or $1,000 |
| ⚖️ Leverage: | Up to 1:500 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,1 pips |
| 🔧 Instruments: | Currency pairs and CFDs on stocks, indices, metals, energies, commodities, and cryptocurrencies |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: |
Free demo account; No minimum deposit requirements on three account types; Tight spreads and competitive fees; No deposit and withdrawal fees; Standard deposit and withdrawal methods; Several trading platforms are supported; Flexible leverage; No education and analytics. |
| 🎁 Contests and bonuses: | Rebates from Traders Union |
For their Standard, Classic, and Plus accounts, XS.com doesn't require a minimum deposit. This allows traders to deposit any amount they think necessary for their trading strategy. However, there's a minimum trade size of 0.01 lots to keep in mind. Leverage also varies depending on the chosen assets, ranging from 1:50 for platinum and palladium to 1:500 for currency pairs. Traders can also opt not to use any leverage. 24/7 technical support is available via a multi-channel call center, email, and live chat in the user account.
XS.com Key Parameters Evaluation
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Trading Account Opening
To start working with this broker, register on its official website, pass verification, and choose a live account type. Next, make a deposit, install a trading platform, and start trading. TU experts prepared a step-by-step guide to eliminate all questions. Also, they described the main features of XS.com’s user account.
Go to the XS.com website and choose the preferred language of the interface. Click the “Login” or “Join XS now” buttons.
Select your title and provide your first and last names. Choose your country from the drop-down list, and enter your phone number and email. Create a password and enter it twice. Read and agree to the terms and conditions by checking the box and clicking the “Continue” button.
An email with a PIN code is sent to your registered email address. Enter this code on the website in the dedicated registration form. If you need another code, request it by clicking a corresponding button. Click the “Continue” button to proceed.
Provide your date of birth, gender, and country of residence. Indicate whether you are a tax resident of your country and click the “Continue” button.
Answer questions from two blocks. The first block contains questions about your trading experience, while the second block requires details of financial issues. Your answers don’t impact the availability of the broker’s services. Click the “Continue” button.
The next step is verification. Confirm your data by providing scans or images of documents proving your identity and residency. Follow the on-screen instructions.
To open an account, click the “Open Live Account” button and choose its parameters, including its type, platform, leverage, etc.
Now click the “Fund” button. Choose your account and follow the on-screen instructions. Some methods, like Klarna and Giropay, credit funds within 1 day. Bank transfers take 1-7 days. Other deposit methods are instant.
Download MT4 or MT5 trading platforms from the XS.com website and enter your registration data to start trading. The XS.com platform is accessed through the user account.
Additional features of XS.com’s user account allow traders to:
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Open and close demo or live accounts, and view detailed statistics on their active accounts.
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Make deposits, withdrawals, and internal transfers in this block. Statistics on all transactions are available.
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dit your data, upload verification documents, and view official user agreements.
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Download desktop and mobile versions of MT4 or MT5 trading platforms.
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An interactive table featuring all major economic and political events, as well as forecasts on relative assets.
Regulation and safety
XS.com has a safety score of 6/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
XS.com Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 FSCA SA |
Financial Sector Conduct Authority of South Africa | South Africa | No specific fund | Tier-2 |
 FSA (Seychelles) |
Financial Services Authority of Seychelles | Seychelles | No specific fund | Tier-3 |
XS.com Security Factors
| Foundation date | - |
| Negative balance protection | Yes |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker XS.com have been analyzed and rated as Medium with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of XS.com with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, XS.com’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
XS.com Standard spreads
| XS.com | Pepperstone | OANDA | |
| EUR/USD min, pips | 1,1 | 0,5 | 0,1 |
| EUR/USD max, pips | 1,8 | 1,5 | 0,5 |
| GPB/USD min, pips | 1,4 | 0,4 | 0,1 |
| GPB/USD max, pips | 2,2 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
XS.com RAW/ECN spreads
| XS.com | Pepperstone | OANDA | |
| Commission ($ per lot) | 3,0 | 3 | 3,5 |
| EUR/USD avg spread | 0,1 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,2 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with XS.com. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
XS.com Non-Trading Fees
| XS.com | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
With four live account types to choose from, traders can select the one that best suits their needs based on factors like minimum deposit and spreads. XS.com even allows the flexibility of having multiple accounts to accommodate different trading strategies. All account types allow micro-lot trading and a maximum of 100 simultaneous opened orders. Therefore, traders choose account types according to their preferences, having the possibility to learn their details from technical support. Also, to choose the best trading platform, traders are recommended to try each of them, since they differ essentially. Although, their main functions are identical.
Account types:
If traders have not worked with this broker before, they are recommended to open a demo account first to explore the company and test their strategies. However, they have the opportunity to open a live account with micro lots avoiding high financial risks.
Deposit and withdrawal
XS.com received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
XS.com provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Minimum deposit below industry average
- Low minimum withdrawal requirement
- Bank card deposits and withdrawals
- No deposit fee
- BTC payments not accepted
- Limited deposit and withdrawal flexibility, leading to higher costs
- USDT payments not accepted
What are XS.com deposit and withdrawal options?
XS.com provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller.
XS.com Deposit and Withdrawal Methods vs Competitors
| XS.com | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | No | No | No |
What are XS.com base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. XS.com supports the following base account currencies:
What are XS.com's minimum deposit and withdrawal amounts?
The minimum deposit on XS.com is $0, while the minimum withdrawal amount is $5-200. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact XS.com’s support team.
Markets and tradable assets
XS.com offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 40 Forex pairs.
- 40 supported currency pairs
- Crypto trading
- Commodity futures are available
- Copy trading not available
- Bonds not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by XS.com with its competitors, making it easier for you to find the perfect fit.
| XS.com | Plus500 | Pepperstone | |
| Currency pairs | 40 | 60 | 90 |
| Total tradable assets | 2800 | 1200 | |
| Stocks | Yes | Yes | Yes |
| Commodity futures | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products XS.com offers for beginner traders and investors who prefer not to engage in active trading.
| XS.com | Plus500 | Pepperstone | |
| Bonds | No | No | No |
| ETFs | No | Yes | Yes |
| Copy trading | No | No | Yes |
| PAMM investing | Yes | No | Yes |
| Managed accounts | No | No | No |
Customer support
XS.com prioritizes client support, offering 24/7 assistance through a multi-channel call center, email, and live chat. This ensures traders can receive prompt and professional help whenever they encounter questions, technical issues, or unexpected situations during their trading activity.
Advantages
- Three communication channels
- Support is available 24/7
- According to reviews, managers are qualified
Disadvantages
- During peak hours, the response speed may be slower due to high load
To contact the broker, use the following communication channels:
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Email;
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Call back request;
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Live chat in the user account.
The broker has its official profiles on X (formerly Twitter), Facebook, Instagram, and LinkedIn, where you can also contact its representatives. Follow the broker to stay up-to-date with its latest news.
Contacts
| Registration address | F20, 1st floor, Eden Plaza, Eden Island, Victoria, Seychelles |
|---|---|
| Regulation | ASIC, FSA, and CySEC |
| Official site | https://www.xs.com/en/ |
| Contacts |
Education
Many brokers offer training for novice traders on their websites. It may include FAQs, glossaries, seminars and webinars, podcasts, or comprehensive interactive educational courses. However, the lack of educational materials cannot be considered a significant disadvantage of a broker.
If traders want to trade through XS.com and learn trading theory, they have to find another source of information. The broker believes that if traders register on its website, they are experienced enough to trade on financial markets.
Comparison of XS.com with other Brokers
| XS.com | Bybit | Eightcap | XM Group | VT Markets | 4XC | |
| Trading platform |
MetaTrader4, MetaTrader5, XS.com | MetaTrader5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MetaTrader4, MetaTrader5, VT Markets App, Web Trader+ | MT5, MT4, WebTrader |
| Min deposit | $1000 | No | $100 | $5 | $50 | $50 |
| Leverage |
From 1:1 to 1:500 |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:500 |
From 1:1 to 1:500 |
| Trust management | No | No | No | No | Yes | Yes |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0 points | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0 points |
| Level of margin call / stop out |
No | No / 50% | 80% / 50% | 100% / 50% | No / 50% | 100% / 50% |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | $50 |
| Cent accounts | No | No | No | No | No | No |
Detailed Review of XS.com
With a long history in the market, XS.com has established itself as a reliable company. It implements advanced solutions in all areas, from financial services to security. For example, XS.com provides remote dedicated servers to ensure uninterrupted 24/7 trading. The broker offers a proprietary browser platform that prioritizes convenience and competitive features, although it may not offer the same level of customization as MetaTrader platforms. For security measures, XS.com uses segregated accounts, several authentication levels, the KYC (Know Your Client) procedure, and advanced cryptographic algorithms.
XS.com by the numbers:
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Minimum spreads on the Raw account are 0 pips;
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Trading fees are $6 per lot;
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Maximum leverage is 1:500;
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5 CFD groups and currency pairs are available;
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Technical support works 24/7.
XS.com is a Forex and CFD broker with versatile conditions
Several factors contribute to a broker's versatility, and XS.com delivers in a big way, particularly with its asset pool. Clients can trade over 200 assets, including currency pairs and CFDs on stocks, indices, commodities, energies, metals, and cryptocurrencies. This diversity empowers traders to employ a wider range of investment strategies and diversify their risk. XS.com further enhances versatility by allowing a variety of trading methods. From scalping and hedging to news trading, expert advisors, and overnight positions, traders have the freedom to choose their preferred approach.
Moreover, the broker offers leverage up to 1:500, empowering traders to select the most suitable option for each situation and potentially amplify profits while managing risk. Therefore, XS.com caters to both novice traders and seasoned professionals.
Useful services offered by XS.com:
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Referral program. The Introducing Broker (IBs) program is designed for individuals and legal entities. It allows them to attract new clients using any method and to receive financial bonuses for each of them. This is one of the most popular additional income options.
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Account management. This is another income option when managers control multiple accounts and receive fees for their services from investors. For investors, this option brings 100% passive income.
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XS.com platform. XS.com's in-house trading platform receives positive reviews from traders for its high adaptability, intuitive interface, and large number of charts, indicators, and analytical options.
Advantages:
The broker offers a free demo account and three out of four of its live account types require no minimum deposit;
Traders can choose from three trading platforms and there are no restrictions on the trading process;
XS.com provides many assets and flexible leverage;
Alternative income options help generate stable income;
24/7 technical support is highly evaluated by users and experts.
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