XS frequently updates its trading terms and environment, including maximum leverage, to adapt to trader feedback, whereas Exness offers unlimited leverage. XS provides comparable trading conditions to Exness, with no significant disadvantages noted. The brokers differ significantly in terms of instruments available, with Exness offering a broader range, while XS focuses on high leverage for certain instruments. Both brokers implement Negative Balance Protection (NBP), ensuring no additional margin calls and safeguarding against debt in trading. Finally, while XS does not support swap-free accounts for general traders, Exness provides more flexibility in swap-free options.

Feature XS Exness
Maximum Leverage 2,000 times Unlimited
Negative Balance Protection (NBP) Yes Yes
Trading Instruments 55 FX pairs, Commodities 90 FX pairs, More stocks & ETFs
Swap-Free Accounts No Yes
Margin Call Level 40% 30%
Stop Out Level 20% 0%
Trading Platforms MT4, MT5, WebTrader MT4, MT5, TradingView
Automated Trading EA Supported, No Copy Trading EA, Copy Trading
Account Types 8 Types 5 Types
Deposit & Withdrawal Methods Credit Cards, Bank Transfer, Crypto Credit Cards, Bank Transfer, Crypto
Financial Licenses ASIC (Australia), CySEC, FSA (Seychelles) FCA (UK), CySEC, Multiple Others
Insurance & Audit Insured by Lloyd’s of London Audited by Deloitte
Founded 2010 2008

Trading Impressions with XS and Exness

While XS frequently changes its trading environment and conditions, it provides satisfying trades with high leverage.

XS continuously updates its trading environment and terms based on trader feedback, including increasing the maximum leverage and changing leverage rules.

So far, I do not feel many advantages to XS over Exness, but there are no significant disadvantages either.

Official Website (xs(.)com)

Comparison of Maximum Leverage between XS and Exness

Here is the comparison of maximum leverage between XS and Exness.

Forex Broker XS Exness
Maximum Leverage 2,000 times Unlimited Leverage

Exness’s unlimited leverage means leverage up to 2.1 billion times.

Comparison of Maximum Leverage for Popular Instruments between XS and Exness

Here is the comparison of maximum leverage for popular instruments between XS and Exness.

Forex Broker XS Exness
USD/JPY 2,000 times Unlimited Leverage
EUR/USD 2,000 times Unlimited Leverage
EUR/JPY 2,000 times Unlimited Leverage
GBP/JPY 2,000 times Unlimited Leverage
GBP/USD 2,000 times Unlimited Leverage
Gold 2,000 times Unlimited Leverage
WTI Crude Oil 500 times 200 times
Brent Crude Oil 500 times 200 times
Nikkei 225 500 times 200 times
Dow Jones 500 times 400 times
U.S. Stocks 20 times
Bitcoin 500 times 400 times
Other Instruments Here Here

For FX currency pairs such as USDJPY and precious metals like gold, XS offers higher leverage than Exness.

Learn More About XS’s Instruments and Leverage

Comparison of Leverage Restrictions between XS and Exness

Here is the comparison of leverage restrictions between XS and Exness.

Forex Broker XS Exness
At Market Open and Close Occurs Occurs
When Increasing Trade Lot Sizes Occurs No Impact
During Economic Announcements No Impact Occurs
When Margin Increases No Impact Occurs
More Detailed Information Here Here

The current leverage restriction at XS involves dynamic leverage when trading lot sizes increase.

Comparison of NBP (Negative Balance Protection) between XS and Exness

Here is the comparison of NBP between XS and Exness.

Forex Broker XS Exness
NBP Support No Additional Margin Required No Additional Margin Required
Other Trading Conditions Here Here
Exness has a unique mechanism called “Mid-Price Stop Out,” which prevents accounts from stopping out even if the balance goes below 0 USD.

Both XS and Exness, like other forex brokers, do not require additional margin calls, thus avoiding the risk of debt in forex trading.

Comparison of Margin Call and Stop Out Levels between XS and Exness

Here is the comparison of margin call and stop out levels between XS and Exness.

Forex Broker XS Exness
Margin Call Level 40% 30%
Stop Out Level 20% 0%
Other Trading Conditions Here Here

The stop out level is higher at XS than at Exness.

Comparison of Available Instruments between XS and Exness

Here is the comparison of available instruments between XS and Exness.

Forex Broker XS Exness
FX Currency Pairs About 55 pairs About 90 pairs
Precious Metals/Metals About 6 types About 15 types
Energy About 3 types About 3 types
Commodities About 8 types
Stock Indices/Index About 10 types About 10 types
Foreign Stocks/Securities About 100 companies
Bonds
ETF
Cryptocurrencies/Crypto About 10 pairs About 10 pairs
Detailed List of Instruments Here Here

At XS, you can trade soft commodities such as soybeans.

List of XS Instruments

Comparison of Swap-Free Instruments between XS and Exness

Here is the comparison of swap-free instruments between XS and Exness.

Forex Broker XS Exness
FX Currency Pairs About 22 pairs
Precious Metals/Metals About 1 type
Energy
Commodities
Stock Indices/Index About 10 types
Foreign Stocks/Securities About 100 companies
Bonds
ETF
Cryptocurrencies/Crypto About 10 pairs
Detailed List of Instruments Here Here
The swap-free applicable instruments at Exness change depending on the swap-free status.
XS, like Exness, does not allow general traders to trade swap-free.

Comparison of Popular Instruments and Published Average Spreads between XS and Exness

Here is the comparison of popular instruments and published average spreads between XS’s Pro account and Exness’s Pro account.

Forex Broker XS Exness
USD/JPY 0.8 pip 0.7 pip
EUR/USD 0.7 pip 0.6 pip
EUR/JPY 1.1 pips 1.4 pips
GBP/JPY 1.5 pips 1.6 pips
GBP/USD 0.8 pip 0.8 pip
Gold $0.15 $0.125
WTI Crude Oil $0.027 $0.017
Brent Crude Oil $0.028 $0.066
Nikkei 225 ¥6.006 ¥1.45
Dow Jones $0.192 $0.077
U.S. Stock Apple $0.09
Bitcoin $52.3 $46.03
Latest Information Here Here
The above spreads for XS and Exness are compared for Pro accounts with narrower spreads than standard accounts and no trading fees.

Both XS and Exness’s spreads are constantly changing.

The latest spreads can be checked after opening an account and logging into MT4 or MT5.

XS’s average spread from the previous business day can be found on the page for instruments handled.

Learn More About XS’s Instruments and Spreads

Comparison of Trading Platforms between XS and Exness

Here is the comparison of trading platforms between XS and Exness.

Forex Broker XS Exness
MT4 Available for Trading Available for Trading
MT5 Available for Trading Available for Trading
Web Trader Available for Trading Available for Trading
Download Here Here

Both XS and Exness offer trading on MT4 (MetaTrader 4) and MT5 (MetaTrader 5).

Comparison of TradingView Integration between XS and Exness

Here is the comparison of TradingView integration between XS and Exness.

Forex Broker XS Exness
TradingView Not Available for Trading Integrated into Web Trader

XS’s web trader is not TradingView but MetaTrader’s web trader.

XS Web Trader Here

Comparison of Automated Trading Options between XS and Exness

Here is the comparison of automated trading options between XS and Exness.

Forex Broker XS Exness
EA Usable Usable
Copy Trade Not Available Available
PAMM Not Provided Not Provided
MAM Not Provided Not Provided
Latest Information Here Here

XS does not provide services for automated trading like Exness’s copy trading.

Comparison of VPS Hosting Services between XS and Exness

Here is the comparison of VPS hosting services between XS and Exness.

Forex Broker XS Exness
VPS Hosting Service Not Available Available
Free Use Conditions Balance over $2,000, etc.
Latest Information Here Here

Comparison of Account Types between XS and Exness

Here is the comparison of account types between XS and Exness.

Forex Broker XS Exness
Number of Account Types 8 types 5 types
Types of Accounts Standard Account
Cent Account
Micro Account
Pro Account
Elite Account
VIP Account
Extra Account
Classic Account
Standard Account
Standard Cent Account
Pro Account
Low Spread Account
Zero Account
Detailed Comparison Here Here

XS offers more types of FX accounts for opening than Exness.

Compare XS Account Types Here

Comparison of Account Type Categories between XS and Exness

Here is the comparison of account type categories between XS and Exness.

Forex Broker XS Exness
Most Popular Standard Account Standard Account Standard Account
Micro Lot Trading Accounts Micro Account
Cent Account
Standard Cent Account
Top-tier Accounts with No Trading Fees Pro Account Pro Account
Top-tier Accounts with Trading Fees Elite Account
VIP Account
Low Spread Account
Zero Account
Spread Zero FX Accounts None Zero Account
Latest List of Account Types Here Here

Both XS’s Pro account and Exness’s Pro account require an initial minimum deposit of $1,000.

Open a Pro Account at XS Here

Comparison of Deposit and Withdrawal Methods between XS and Exness

Here is the comparison of deposit and withdrawal methods between XS and Exness.

Forex Broker XS Exness
Main Deposit/Withdrawal Methods Credit Card
Debit Card
Bank Transfer
Cryptocurrency
Online Wallet
Credit Card
Debit Card
Bank Transfer
Cryptocurrency
Online Wallet
Latest List Here Here

Both XS and Exness allow deposits through credit card payments and bank transfers.

XS Deposit Methods Here

Comparison of Online Wallet Options for Traders between XS and Exness

Here is the comparison of online wallet options for traders between XS and Exness.

Forex Broker XS Exness
Online Wallet SticPay/Stick Pay
PerfectMoney/Perfect Money
MiFinity/MiFinity
SticPay/Stick Pay
BinancePay/Binance Pay
PerfectMoney/Perfect Money
bitwallet/Bit Wallet
Latest List Here Here

Both XS and Exness support credit cards and bank transfers, so there is no particular need to use online wallets with high transaction fees.

Comparison of Proprietary Brand Card Issuance between XS and Exness

Here is the comparison of proprietary brand card issuance between XS and Exness.

Forex Broker XS Exness
Proprietary Brand Card Issuance Not Available Not Available

Neither XS nor Exness can issue credit or debit cards like the XM card.

Comparison of Bonuses and Campaigns between XS and Exness

Here is the comparison of bonuses and account opening campaigns between XS and Exness.

Forex Broker XS Exness
Main Bonuses $30 Cashback Unlimited Leverage Bonus $30
Exness Premier
Cashback Account/Auto Rebate
XS is a forex broker that does not offer a cashback account policy.

Neither XS nor Exness conduct flashy campaigns such as no-deposit bonuses or 100% deposit bonuses.

XS’s Cashback Here

Comparison of Years in Operation between XS and Exness

Here is the comparison of years in operation between XS and Exness.

Forex Broker XS Exness
Founded 2010 2008
Detailed Company Information Here Here

XS started serving individual traders at the end of 2023.

Open an Account at XS Here

Comparison of Sponsorships between XS and Exness

Here is the comparison of sponsorships between XS and Exness.

Forex Broker XS Exness
Sponsors Professional Tennis Player
Daniel Taro, etc.
Soccer Club
Real Madrid, etc.
Latest Information Here Here

The above includes past sponsorship contracts for both XS and Exness.

XS’s Contracts Here

Comparison of Financial Licenses between XS and Exness

Here is the comparison of financial licenses between XS and Exness.

Forex Broker XS Exness
Number of Financial Licenses 3 types 8 types
Types of Financial Licenses Australia ASIC
Cyprus CySEC
Seychelles FSA
UK FCA
Cyprus CySEC

British Virgin Islands FSC
Seychelles FSA
Mauritius FSC
South Africa FSCA
Kenya CMA
Curaçao CBCS

Detailed Registration Information Here Here

The details of the financial licenses held by XS can be found on XS’s Financial Licenses and Regulations page.

XS’s Detailed Registration Information Here

Comparison of Margin Management Methods for Traders between XS and Exness

Here is the comparison of margin management methods for traders between XS and Exness.

Forex Broker XS Exness
Traders’ Margin Management Methods Segregated Management Segregated Management
Detailed Explanation Here Here

Both XS and Exness manage traders’ margins through segregated accounts, not through trust banks like Europe accounts.

Comparison of Insurance and External Auditors between XS and Exness

Here is the comparison of insurance and external auditors between XS and Exness.

Forex Broker XS Exness
Contracted Parties Lloyd’s of London Insurance Deloitte’s External Audit
Insurance and Compensation Up to $5 million Audit Results Published
Detailed Information Here Here

XS is insured by Lloyd’s, the largest insurance company in the UK.

XS’s Latest Information Here

FAQs to summarize the article

What are the main differences between XS and Exness in terms of leverage?
XS offers a maximum leverage of 2,000 times, while Exness provides unlimited leverage, giving traders extensive flexibility.
How do XS and Exness compare in terms of trading instruments?
Exness offers a wider range of trading instruments, including more FX pairs and precious metals, compared to XS.
Do both XS and Exness offer Negative Balance Protection?
Yes, both XS and Exness provide Negative Balance Protection, ensuring traders are not liable for losses exceeding their account balance.
Can traders use swap-free accounts on XS?
No, XS does not generally offer swap-free accounts to all traders, unlike Exness, which provides more flexible swap-free options.
What are the trading platforms available at XS and Exness?
Both XS and Exness support MetaTrader 4 and MetaTrader 5, among other trading platforms, facilitating a robust trading environment.
How do XS and Exness handle automated trading?
XS supports the use of Expert Advisors (EAs) but does not offer copy trading or PAMM/MAM accounts, whereas Exness provides more options, including copy trading.
What account types are available at XS compared to Exness?
XS offers a variety of account types, from standard to elite accounts, while Exness has a more limited selection but includes unique accounts like the Zero spread account.
How do XS and Exness compare in terms of deposit and withdrawal methods?
Both brokers support multiple deposit and withdrawal methods, including credit cards, bank transfers, and cryptocurrencies.
What are the financial licenses held by XS and Exness?
XS is licensed by authorities in Australia, Cyprus, and Seychelles, while Exness holds more extensive licenses, including those from the UK and South Africa.
What insurance and external audit measures do XS and Exness use?
XS is insured by Lloyd’s of London, while Exness’s operations are externally audited by Deloitte, ensuring compliance and financial stability.
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