Select Language

XS.com

XS Group is a Forex broker founded in Australia in 2010. As a part of the XS Group, XS.com has been serving individual investors since 2023. XS Group as a whole has provided continuous service since its start, under three financial licenses, including the stringent Australian Securities and Investments Commission (ASIC) license. Although still not well known worldwide, it is a broker with the potential to grow in the future in light of the following aspects.

Judging from the limited information published by XS.com, it proves a certain level of social credibility and financial strength from multiple perspectives. Specifically, the company has implemented a Civil Liability Insurance Program underwritten by Lloyd's of London, holds three financial licenses, has received awards from several organizations, and is an athlete sponsor of sporting events such as a tennis tournament at Wimbledon.

A key feature of XS.com is the high leverage available, up to 1:2,000, as well as one of the largest selections of instruments in the industry, with nearly 700 different stocks available for trading. Additionally, 8 account types are offered to meet a wide range of needs from beginners to experts. Up to 10 accounts can be opened for each type, with a maximum of 50 trading accounts. Even if you open multiple accounts for your different trading styles, it is very unlikely that you will reach the limit.

Support is available via live chat 24 hours a day on weekdays and via email 24/7.

Official Website

Pros

  1. High leverage
  2. Small spreads
  3. Available swap-free trading
  4. Catering to a wide range of needs
  5. Committed to enhancing safety

Cons

  1. Few bonus offers
  2. High minimum deposit
  3. Lack of history and information

Operating Company

Company name:
XS Ltd
Head office address:
F20, 1st floor, Eden Plaza, Eden Island, Seychelles
Financial supervisor:
[XS Ltd] Seychelles Financial Services Authority (FSA) license number SD089
[XS Prime Ltd] Australian Securities and Investments Commission (ASIC) license number 374409
[XS Markets Ltd] Cyprus Securities and Exchange Commission (CySEC) license number 412/22
Founded:
2010
Capital:
Undisclosed

Customer Service

Website language:
[Asia] Japanese, Simplified Chinese, Traditional Chinese, Korean, Thai
[Europe and America] English, Spanish, Portuguese, French
[Middle East/Africa] Arabic
Trading platform:
MetaTrader4/5
English support:
Email, Support Chat
Business hours:
[Chat support] Weekdays 24 hours
[Email support] 365 days 24 hours
Email address:
[email protected]
Phone number:
None

Trading Rules

Roll over:
Daylight saving time: 9:00 pm, Winter time: 10:00 pm (Server time)
Margin call:
[Standard, Elite, Pro, Extra, Classic] When the margin maintenance rate falls below 40%
[Cent, Micro] When the margin maintenance rate falls below 60%
Loss cut:
[Standard, Elite, Pro, Extra, Classic] When the margin maintenance rate falls below 20%
[Cent, Micro] When the margin maintenance rate falls below 10%
Matched order:
Permitted
EA restrictions:
None
Request for additional margin:
None (If the margin becomes negative, zero cut will be performed)
Funds management:
Managed in a segregated bank account
Bankruptcy compensation:
Compensation up to $ 5,000,000 (USD) by civil liability insurance program

Conditions for Each Account Type

Trading platform:
MetaTrader4/5, WebTrader
Brokerage model:
STP method
Spread method:
Variable spreads
Trading account currency:
Japanese Yen, US Dollar, Euro, US Cent
Maximum leverage:
[Standard, Elite, Pro, Extra, Classic] 1:2000
[Cent, Micro] 1:1000
Initial minimum deposit:
Unlimited
Lot size:
[Micro] 1000 units
[Standard, Cent, Elite, Pro, Extra, Classic] 100,000 units
Minimum order size:
[Micro] 0.1 lot
[Standard, Cent, Elite, Pro, Extra, Classic] 0.01 lot
Maximum order size:
[Micro, Cent] 500 lots
[Standard, Elite, Pro, Extra, Classic] 100 lots
Maximum open orders:
[Micro, Cent] 250,000 lots
[Standard, Elite, Pro, Extra, Classic] Unlimited(*1)
Instruments(symbols):

[FX/Currency Pair]: 42
[CFD/Metals]: 6(*2)
[CFD/Indices]: 11(*3)
[CFD/Energy]: 3(*4)
[CFD/Cryptocurrencies]: 8(*5)
[CFD /Stock]: 694(*6)
[CFD /Futures]: 9(*7)

Available trading hours:
Monday 0:05 am - Friday 11:55 pm (Server time)
Transaction fees:
None
Account maintenance fee:
None
Holding multiple accounts:
Permitted
GMT time difference:
[MT4/MT5] Daylight saving time: +3 hour, Winter time: +2 hour

(*1)For MT4, the maximum order size is 50,000 lots.

(*2)2 CFD/Metals are tradeable with Micro and Cent accounts.

(*3)9 CFD/Indices are tradeable with Micro account. CFD/Indices cannot be traded with Cent account.

(*4)2 CFD/Energy are tradeable with Micro account. CFD/Indices cannot be traded with Cent account.

(*5)CFD/Cryptocurrencies cannot be traded with Micro and Cent accounts.

(*6)CFD/Stocks cannot be traded with Micro, Cent and MT/4 accounts.

(*7)CFD/Futures cannot be traded with Micro and Cent accounts.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel