XS Review
Multi-Regulated · Since 2010
Up to 1:2000 Leverage
MT4 · MT5
No Min Deposit*
XS at a Glance — Brand Profile & Stats
Who Is XS.com?
XS.com (XS Ltd) is an Australian-origin multi-asset broker founded in 2010, offering trading across 8 markets from one account.
- 15+ years in the market
- Multiple regulatory licences
- Low/no minimum deposit
Why it matters: A 2010 founding date plus a broad multi-regulator footprint give XS more credibility than most newer multi-asset brokers.
Trustpilot & Reputation
★ ~4.4 / 5 on Trustpilot from 600+ reviews.
- Praised: support, fast funding, platforms
- Watch: confirm which entity regulates you
Honest take: A strong score — just verify whether you onboard under a tier-1 (CySEC/ASIC) or offshore entity.
Account Types
Four core account types:
- ELITE (Raw) — raw + commission
- Standard — no commission
- Classic & Plus
- No minimum on Standard/Classic/Plus
Regulation & Safety
Multi-jurisdiction oversight:
- 🇨🇾 CySEC · 🇦🇺 ASIC · 🇿🇦 FSCA
- 🇸🇨 FSA · 🇲🇾 LFSA · 🇦🇪 SCA
- 🇲🇺 FSC Mauritius
Why it matters: Tier-1 CySEC + ASIC licences (alongside offshore arms) give XS solid safety credentials.
Platforms, Markets & Trading Tools
MT4 & MT5
Both MetaTrader platforms:
- MT4 for streamlined FX
- MT5 for multi-asset
- EAs, indicators & algos
Why it matters: Full MT4 + MT5 support means existing strategies transfer directly.
Mobile & Web Trading
Trade anywhere:
- MT4/MT5 mobile apps
- Web terminal — no install
- Synced across devices
Markets & Instruments
Trade 8 markets:
- Forex & metals
- Indices & commodities
- Shares & ETFs
- Crypto CFDs
Tools & Charting
Trading aids:
- Interactive charts & flexible orders
- Real-time market insights
- Account notifications
Top XS Alternatives
eToro
Social investing & real stocks at 0%.
Pick if: you want copy trading & share ownership.
Plus500
Simple CFD trading, FCA-regulated.
Pick if: you want straightforward CFDs.
XM
Global broker, strong education & bonuses.
Pick if: you value education and promotions.
FXTM
Multi-entity broker in the Exinity Group, licensed by the FSC (Mauritius) and the FSCA (South Africa), with strong education resources.
Pick if: you want regulated coverage with learning tools.
XS Account Types Explained
ELITE (Raw)
Lowest spreads for active traders.
- Raw spreads from 0 pips
- Commission per lot
- Best for scalpers & high volume
Why it matters: Raw + commission usually beats a marked-up spread once volume rises.
Standard Account
Commission-free entry.
- No commission
- No minimum deposit
- Great for beginners
Classic Account
Balanced conditions.
- Competitive spreads
- No commission
- Flexible deposit
Plus Account
Enhanced tier.
- Tighter spreads
- Improved conditions
- For more active traders
Multi-Asset Gateway: Trade 8 Markets in One Account
One Account, 8 Markets
XS lets you diversify across forex, metals, indices, commodities, shares, ETFs, bonds and crypto from a single login — useful for traders who want broad exposure without juggling multiple brokers.
Trading Costs: Standard vs ELITE (Raw)
Standard vs ELITE Costs
Choose Standard for a simple commission-free spread, or ELITE (Raw) for spreads from 0 pips plus a per-lot commission. ELITE typically works out cheaper once your trading volume rises.
Funding & Withdrawals
Funding & Withdrawals
XS supports cards, bank wire, e-wallets, local payment methods and USDT, with an emphasis on fast, secure transfers. Processing times and fees vary by method and region — check before depositing.
Pros & Cons of XS
Pros
- Multi-regulated (CySEC, ASIC, FSCA...)
- Operating since 2010
- No minimum on most accounts
- ELITE raw spreads from 0 pips
- 8 markets in one account
- USDT & local funding methods
- ~4.4/5 Trustpilot (600+ reviews)
Cons
- High leverage via offshore entities
- US clients not accepted
- MT4/MT5 only — no proprietary platform
- Entity matters — check your regulator
- Less brand recognition than giants
Bottom line: A flexible, well-regulated multi-asset broker with low entry — strong for traders who want 8 markets and raw spreads under a regulated entity.
XS Fees, Spreads & Pricing
XS offers commission-free Standard pricing and raw-spread ELITE pricing, with no minimum on most accounts.
| Account | EUR/USD spread | Commission | Min deposit |
|---|---|---|---|
| Standard | from ~1.0 pip | none | none* |
| ELITE (Raw) | from 0 pips | per lot | higher tier |
| Classic / Plus | competitive | none | none* |
Leverage up to 1:2000 (dynamic, varies by asset). Funding via cards, bank wire, e-wallets, local methods and USDT.
Why it matters: No minimum deposit lowers the barrier to entry — but treat dynamic 1:2000 leverage with real caution.
XS vs eToro vs IC Markets
How does XS compare with two popular brokers?
| Metric | XS | eToro | IC Markets |
|---|---|---|---|
| Founded | 2010 | 2007 | 2007 |
| Regulation | CySEC, ASIC, FSCA | FCA, CySEC, ASIC | ASIC, CySEC |
| Min deposit | none* | $50 | $200 |
| Platforms | MT4/5 | eToro app | MT4/5, cTrader |
| Trustpilot | ~4.4/5 | 4.1/5 | 4.5/5 |
Verdict: XS wins on low entry and raw spreads; eToro on social/copy trading; IC Markets on track record. Choose XS for flexible, low-barrier multi-asset MetaTrader trading.
Why Choose XS as Your Trading Partner?
XS.com is an Australian-origin, multi-regulated broker operating since 2010, letting you trade 8 markets from one MT4/MT5 account with low or no minimum deposit and raw spreads on its ELITE account.
Its highest leverage comes from offshore entities and US residents aren't accepted, but with tier-1 CySEC and ASIC licences, USDT funding and a flexible account range, XS is a credible choice for cost-focused multi-asset traders.
Restricted Countries
XS does not onboard clients from sanctioned jurisdictions and certain regulated markets. Typically not accepted:
XS does not accept US clients; higher leverage is via offshore entities. Verify which entity regulates your account before funding.
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