XS broker offers global stock exchange investment services as you wish. It supports trading through leading platforms that come with features that every trader is looking for. In this article, we will have a review of XS. For traders who are looking for a better broker for you, pros, cons, reliability, and answers to frequently asked questions about XS. Let’s continue reading in this article.
Is trading with XS broker really good?
Many traders may have questions about XS brokers, whether it’s about reliability or other benefits. We can tell you that XS is really good! It has also received many XS.com awards.
In addition to the license and internet security that this website has been verified by many security organizations, there are many outstanding features that make XS better than other brokers. Features include free trader protection insurance, leverage over 1:2000, or the XS Mastercard.
Other outstanding features that XS offers in particular include Islamic accounts that do not charge overnight trading fees. This is something that the broker itself protects against religious conflicts. It also offers an affiliate program that allows you to easily increase your income. Along with trading
Is XS.com a reliable broker?
XS is a broker that has expanded its services worldwide. Starting from Australia in 2010, it has been licensed in many countries around the world, making it one of the brokers trusted by traders worldwide. The regulatory licenses from financial authorities are:
- ASIC Australia, license number is 374409
- LFSA Malaysia, license number is MB/21/0081
- FSA Seychelles, license number is SD089
- CySEC Cyprus, license number is 412/22
- FSCA South Africa, license number is 53199
In addition, XS uses advanced password access, two-step verification or security checks from relevant agencies to prevent third-party access to your account. There is protection against phishing and other threats from malware.
What can be traded with XS.com broker?
XS Broker is a platform that offers a wide range of stock exchange trading services, such as:
- Forex: Trade over 50 currency pairs, such as EUR/USD, GBP/JPY, AUD/USD, with low spreads and leverage up to 1:2000
- Shares: Trade shares of leading companies from the US, UK, Europe and Hong Kong, such as Apple, Amazon, Alibaba, via CFDs
- Indices: Trade leading stock indices, such as Dow Jones (US30), NASDAQ (US100), S&P 500 (US500), FTSE 100 (UK100), DAX (DE40) and Nikkei 225 (JP225), among others
- Metals: Trade precious metals, such as gold (XAU/USD), silver (XAG/USD), platinum and palladium
- Commodities (Commodities): Trade commodities such as crude oil (WTI, UKOIL), coffee (COFFEE), sugar (SUGAR), corn (CORN), cotton (COTTON), soybean (SOYBEAN), cocoa (COCOA) and wheat (WHEAT)
- Energy (Energy): Trade energies such as crude oil (WTI, UKOIL) and natural gas (Natural Gas)
- Futures (Futures): Trade CFDs on futures contracts on various assets such as commodities, currencies, indices and more
- Cryptocurrency (Cryptocurrency): Trade CFDs on cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and more
XS.com Account Types
XS broker offers a wide range of account types to suit all levels of traders. Whether you are a beginner or a pro, you can choose the one that suits your trading style.
Preferred Account
Suitable for all levels of traders
- Cent Account
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- Minimum deposit $5
- No commission
- Average spread of 1.1 pips on EURUSD
- Minimum trade of 0.01 lot
- Works on MT5 platform
- Standard Account
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- Minimum deposit of $5
- No commission
- Average spread of 1.1 pips on EURUSD
- Minimum trade of 0.01 lot
- Works on both MT4 and MT5 platforms
- Micro Account
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- Minimum deposit of $5
- No commission
- Average spread of 1.1 pips on EURUSD
- Minimum trade of 0.01 lot
- Works on MT5 platform
Professional Account
Suitable for more experienced traders
- Elite Account
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- Minimum deposit of $1,000
- Commission of $3 per lot
- Average spread as low as 0.1 pips on EURUSD
- Minimum trade of 0.01 lot
- Works on both MT4 and MT5 platforms
- Pro Account
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- Minimum deposit of $1,000
- No commission
- Average spread of 0.7 pips on EURUSD
- Minimum trade of 0.01 lot
- Available on both MT4 and MT5 platforms
- VIP Account
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- Minimum deposit of $1,000
- Commission of $3 per lot
- Average spread as low as 0.1 pips on EURUSD
- Minimum trade of 0.01 lot
- Available on MT5 platform
Partners Special Account
Suitable for partner collaboration
- Extra Account
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- Minimum deposit of $5
- No commission
- Average spread of 2.1 pips on EURUSD
- Minimum trade of 0.01 lot
- Available on both MT4 and MT5 platforms
- Classic Account
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- Minimum deposit of $5
- No commission
- Average spread of 1.6 pips on EURUSD
- Minimum trade of 0.01 lot
- Available on both MT4 and MT5 platforms
Traders who are not ready to invest real money or beginners who do not have experience can register for a demo account on XS.com to practice and test various strategies. In addition, You can also choose to trade to win cash prizes.
Deposit and withdraw with XS broker conveniently and quickly
XS has a convenient deposit and withdrawal method so that you can make transactions efficiently and easily. Supports multiple currencies, perfectly meeting the needs of traders
Deposit method
Depositing XS with brokers can be done through many channels, such as:
- Bank transfer
- Deposit via credit/debit card
- Deposit via e-Wallets
- Deposit via cryptocurrency
- Deposit via QR Code
Withdrawal method
XS withdrawal has a convenient process. You can withdraw money through the same channels as deposits, as follows:
- Bank transfer withdrawal
- Withdrawal via e-Wallets
- Credit/debit card withdrawal
Why is XS the choice of Thai traders?
The XS broker has many outstanding features that help make your trading more efficient. It definitely has an advantage over other brokers. Let’s see. What you shouldn’t miss
XS Prepaid Mastercard
The XS Mastercard can be conveniently transferred from the XS platform directly to your card account. In addition to the Mastercard, you can easily download the mobile application. You can make various transactions, such as online payments, ATM withdrawals, POS transactions, and more, as desired.
Islamic account without swaps
XS broker has an investor insurance coverage from Lloyd’s of London worth up to $ 5,000,000. Therefore, traders can definitely trust trading with XS. This insurance covers problems such as fraud, negligence, or other financial risks.
Summary – XS Broker Review
XS is a global broker that provides trading services for a variety of assets, such as Forex, indices, stocks, commodities, and cryptocurrencies. It has been licensed in many countries. Supports instant QR code transactions, convenient, fast Supports MT4 and MT5 platforms Contact XS.com customer support 24 hours a day High security standards Try trading through XS.com reviews
Frequently Asked Questions
- Can XS trade BTC?
Yes, XS.com broker offers cryptocurrency trading, including Bitcoin (BTC) via CFD, which can be traded 24 hours a day (except for market holidays) on the MT4 and MT5 platforms.
- Is XS a scam?
No, because XS brokers are licensed by reliable international regulatory agencies such as ASIC (Australia), CySEC (Cyprus), and FSA (Seychelles), it is considered reliable and safe.
- How much is the minimum to open an XS trading account?
The minimum deposit starts at only $5 for Cent, Standard, and Micro accounts, depending on the account type chosen. If it is a professional account, such as Pro or VIP, there will be a higher minimum, such as $1,000.
- Who owns XS?
XS.com is operated under the management of Mohamad K. Ibrahim, XS Group, which has offices and licenses in many countries. First started operating in 2010 in Australia
- What is XS Introducing Broker (IB)?
XS IB or Introducing Broker is a person who introduces new clients to XS.com and will receive a commission or reward based on the trading volume of the referred clients. It is a partner program for those who want to earn income from referrals.
- How many years has XS been open?
XS.com has been operating since 2010, has over 15 years of experience in the financial market and has been continuously expanding its services worldwide.
