XS

XS is a Seychelles based financial services provider operating under different regulatory licenses in various jurisdictions. It holds a retail foreign exchange license issued by the Seychelles Financial Services Authority and operates as XS Ltd. In Australia, it is overseen by the Australian Securities and Investments Commission XS Pulliam ltd. Furthermore, XS despite it being labeled a "suspected clone", market ltd is licensed by the Cyprus Securities and Exchange Commission in Cyprus.

XS offers a wide range of trading instruments, including currency pairs, stocks, indices, precious metals, energy commodities, agricultural commodities, and cryptocurrencies. Traders can choose from Elite (original), Standard, Classic, and additional account types, each with unique features such as spreads, commissions, leverage, and order limits.

The platform supports the popular Metatrader 4 (mt4) and Metatrader 5 (mt5) platforms, which are known for their user-friendly interfaces and technical analysis tools. XS also offers a web-based trading platform and mobile application to ensure easy trading activities. Despite its offerings, traders should exercise caution and consider the regulatory differences in different jurisdictions before participating.

XS presents a number of significant advantages and considerations. The broker operates under regulatory oversight in Seychelles, Australia and Cyprus, providing traders with a degree of regulatory assurance. The platform has a wide selection of currency pairs to trade and offers traders a variety of account options. Leverage as high as 1:500 increases potential returns, but there is also a risk of amplifying losses. Although XS quote spreads start at 0.0 points, the impact of spreads and commissions on transaction costs should be recognized. The minimum deposit requirement is $200, which may affect the use of some traders. XS expands various deposit and withdrawal methods, but processing time and fees should be considered. The broker supports trading across multiple platforms, including mt4, mt5, Web Traders and mobile apps. In addition, XS ensures 24/7 customer support, but does not explicitly mention educational resources.