Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
XS.com Pros & Cons
- 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 For example, a minimum of $200 can be withdrawn by bank transfers;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 Verdict
XS.com carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
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XS.com User Reviews
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5-star
23%
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4-star
23%
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3-star
54%
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2-star
0%
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1-star
0%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria7 /10The trading and non-trading commissions of XS.com have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
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Is XS.com Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria6 /10XS.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
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.6.3 /10XS.com offers the following account options: Demo, Standard, ECN/Raw spread, Cent, Micro, VIP.
XS.com covers the core account types, making it convenient for traders with different preferences and strategies.
- Low minimum deposit
- Forex account with Micro lots
- Standard account with balanced trading conditions
- No Swap Free account
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology6.3 /10XS.com received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria4.8 /10XS.com offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 40 Forex pairs.
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Trading Account Opening
We successfully registered an account with XS.com in 10 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at XS.com is $0.Score:We evaluated Trading Account Opening at XS.com by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.9 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Customer Support
Score:We evaluated Customer Support at XS.com by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria4.4 /10
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FAQs
How safe is XS.com in terms of regulation and client protection?
XS.com has a safety score of 6/10, which corresponds to a medium security level in the review. It is regulated by the FSCA in South Africa (Tier-2) and the FSA in Seychelles (Tier-3), offers negative balance protection and KYC verification, but it is not Tier-1 regulated, has no specified investor compensation fund, and its track record is under 8 years.
What types of trading accounts does XS.com offer and how do they differ?
XS.com provides Demo, Standard, ECN/Raw spread, Cent, Micro, and VIP accounts, with all live accounts supporting micro-lot trading and up to 100 open orders. Standard, Classic, and Plus accounts have no minimum deposit and differ mainly by starting spreads and fee structure, while the Raw account requires a $1,000 minimum deposit, offers spreads from 0 pips with a $6 per lot fee, and the broker does not offer a Swap Free account according to this section.
What do user reviews say about XS.com overall?
XS.com has a user satisfaction score of 7.5/10 based on 12 reviews, with 25% 5-star, 25% 4-star, and 50% 3-star ratings, and no 1- or 2-star ratings. According to user reviews, the overall impression is mixed rather than strongly positive or negative.
Which markets and assets can you trade with XS.com and what do reviews and feedback highlight?
The section states that XS.com offers 40 currency pairs, as well as trading in stocks, commodity futures, cryptocurrencies, and stock indices, but does not support ETFs, bonds, options, copy trading, or managed accounts, while PAMM investing is available. It also notes that the overall selection of trading assets is limited compared to the market average, though no specific user reviews or feedback on these markets are provided in this section.
How does the XS.com account opening process work and what user feedback is mentioned about it?
The account opening process at XS.com is fully online, with registration taking about 10 minutes, mandatory KYC verification typically completed in 2 business days, and a minimum deposit of $0. The section describes a detailed step-by-step procedure for registration, verification, funding, and platform setup, and notes that while onboarding is described as accessible and relatively fast, account approval can sometimes take longer depending on the documentation, with no additional specific user feedback or comments cited.
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