How to Open an Account with XS - Available Accounts - Why Choose It?
Join XS today and start trading with an innovative broker offering dynamic leverage, zero deposit fees, and multilingual support!
XS is a highly regulated broker offering an extensive range of account types tailored to different investor needs, including currencies, metals, and cryptocurrencies among others.
The account opening process is straightforward, requiring basic personal information and documentation for verification.
Different account types offer varied trading conditions with specific features like dynamic leverage, swap-free options, and various platforms including MT4 and MT5.
XS provides security through rigorous regulatory compliance and offers a range of trading platforms and instruments with competitive trading conditions.
The broker also supports traders with tools for risk management, a seamless registration process, and a robust customer support system.
Feature | Description |
---|---|
Regulation | Multinational oversight including ASIC and CySEC |
Account Types | Cent, Standard, Micro, Elite, Pro, VIP |
Trading Platforms | MT4, MT5, and XS.com |
Minimum Deposit | Starting from zero |
Customer Support | 24/7 multilingual support |
How to Open an XS Account
A strictly regulated broker very popular among traders for the high quality of service and very high levels of security, XS is a leader in the sector offering a carefully structured environment, enabling clients of any category to trade optimally, utilizing cutting-edge tools and advantageous trading conditions.
XS offers traders an excellent list of accounts to invest in Currencies, Metals, Cryptocurrencies, Energies, Indices. Each account has been created with the goal of satisfying certain categories of investors. Based on the features, each trader will be able to select the most suitable one.
The broker’s account opening process is intuitive, simple, and fast. Any interested trader will have the opportunity to register, select a suitable account, and start investing in a short time. With access to the dedicated registration page, the customer will be able to enter the required information for account activation, following the simple guidelines.
To successfully activate the account, the trader must undergo verification to prove their real identity and country of residence. To do this, they must send the required documentation.
To register, just follow these very simple steps:
- First step.
- To begin, the trader will need to visit the official website of the broker and click on the “register” icon, located at the top right of the screen. On the new page, the trader can begin to fill out the first form by entering: title, first name, last name, country of residence, phone number, valid email address, set a secure password. Read the terms and conditions of use very carefully and accept them. Click on the “Continue” button. The broker will send an email containing a verification code (to the address entered in the early stages of registration). Access your email, enter the code in the appropriate area, and click on “Continue”.
- Second step.
- Now the trader will have to enter more detailed personal data and answer a simple questionnaire that will allow the broker to ascertain the actual level of experience, possible investment preferences, negotiation needs, and risk propensity. This procedure is carried out with the goal of providing the customer with a service fully compatible with their modus operandi:
- Enter personal information: gender, date of birth, nationality, and country of residence
- Answer questions concerning: level of experience in trading, understanding of the nature and risks of trading, knowledge and experience of trading on derivative products, experience and/or qualifications for financial services. Once this phase is concluded, click on “Continue”.
- With access to the second form, the customer will need to provide information on: occupation, source of account funding, approximate annual income, approximate net worth, any investment activities.
- Last step.
- To definitively activate the newly opened account, the trader will first need to select the account most suitable for their needs and then undergo a verification process to prove their real identity and country of origin. To do this, they must send a clear front and back photo of an identification document (driver’s license, passport, ID card) and a recent utility bill (electricity, gas, internet, etc.). Once the account is activated, the trader will be able to make a first deposit and begin investing
Available Accounts
As already mentioned, the list of accounts available with XS was created with the sole goal of ensuring excellent operability for traders of any category or need. Trading conditions and features vary for each individual account and have been carefully selected to allow a specific category of traders to make the most of their operations and trading capabilities.
XS offers traders 6 different types of accounts. Divided into two subcategories, the accounts are as follows:
- Preferred Accounts: an account type suitable for both beginners and experts who prefer a classic approach to trading, with advantageous trading conditions and minimal risks. The Preferred accounts are: Cent, Standard, and Micro.
- Professional Accounts: offering very advanced tools and services, suitable for typically professional trading, the accounts provide an environment with very high performance, compatible with the needs of experienced traders. Elite, Pro, and VIP.
In addition to the categories of accounts just described, the broker offers traders alternative solutions, accessible exclusively by Partners. Traders who practically “actively collaborate” with the broker through an innovative service of copy trading, social trading, and much more.
It is important to note that:
- The broker allows so-called “prudent or undecided” traders to opt for opening a demo version of the selected account. Trading on demo accounts, the trader will be able to test the environment offered without running any risks and without having to make any deposit of funds. It should be noted that demo accounts are not available for all types of accounts offered.
- Dynamic leverage is not available on all accounts offered by the broker.
- The minimum activation deposit for the accounts is zero (in some countries).
Preferred Accounts
A type of account where flexibility reigns supreme, the Preferred propose to both beginners and professionals a “standardized” trading, characterized by advantageous trading conditions, extremely low risks, and no minimum opening deposit. The trader who opts for one of these accounts will have the opportunity to test their skills, through the creation of detailed strategies to be exploited on a wide range of products.
A range of accounts designed primarily to offer beginner and experienced traders a standard approach in trading. Advantageous trading conditions, limited risk, and no minimum activation deposit are useful characteristics to test one’s skills in the markets, through the creation of effective strategies to be used on a wide range of products.
Cent Account
A type of account created mainly for traders with a low propensity for risk who usually do not intend to commit large amounts of capital, the Cent account offers trading conditions and tools compatible for the realization of investment plans with small amounts. Account balance expressed in cents (a $200 deposit will be visible as 20,000 cents), spreads starting from 1.1 pips, no minimum deposit, and zero commissions. Available only on the MT5 platform.
Features | Cent Account |
---|---|
Minimum deposit | None |
Maximum number of accounts | 10 |
Demo account | Not available |
Base currency | USC |
Available instruments | Currencies and Metals |
Average spread (EURUSD) | Variable starting from 1.1 pips |
Trading commissions | Zero |
Stop out level | Zero |
Swap-free option (Islamic account) | Available on request |
Lot size | Standard cent (100,000) USC |
Minimum trading volume | 0.01 Lot |
Maximum volume per order (daytime) | 500 Micro Lots |
Maximum volume per order (nighttime) | 500 Micro Lots |
Total maximum volume of pending orders | 500 Micro Lots |
Total maximum volume of open orders | 500 Micro Lots |
Total maximum volume of pending and open orders | 1000 Micro Lots |
Maximum number of pending orders | 500 orders |
Maximum number of open orders | 500 orders |
Maximum number of pending and open orders | 1000 orders |
Dynamic leverage | Not available |
Maximum leverage | 1:1000 |
Margin call level | 60% |
Stop out level | 10% |
Covered margin | Zero |
Standard Account
Suitable for any trader, both experienced and novice, intending to invest in a flexible trading environment with easily usable tools. The Standard account offers trading conditions compatible with any need or level of experience. Activation deposit zero, spreads minimized, no commissions, and the possibility of opening a demo version. Available on MT4 and MT5 platforms.
Features | Standard Account MT4 | Standard Account MT5 |
---|---|---|
Minimum deposit | None | None |
Maximum number of accounts | 10 | 10 |
Demo account | Available | Available |
Base currency | USD – EUR -JPY | USD – EUR -JPY |
Available instruments | Currencies, Metals, Cryptocurrencies, Energies, Indices | Currencies, Metals, Indices, Energies, Futures, Stocks |
Average spread (EURUSD) | Variable starting from 1.1 pips | Variable starting from 1.1 pips |
Trading commissions | Zero | Zero |
Stop out level | Zero | Zero |
Swap-free option (Islamic account) | Available on request | Available on request |
Lot size | Standard (100,000) | Standard (100,000) |
Minimum trading volume | 0.01 Lot | 0.01 Lot |
Maximum volume per order (daytime) | 100 Lots | 100 Lots |
Maximum volume per order (nighttime) | 50 Lots | 50 Lots |
Total maximum volume of pending orders | X | X |
Total maximum volume of open orders | X | X |
Total maximum volume of pending and open orders | X | X |
Maximum number of pending orders | 600 orders | X |
Maximum number of open orders | 600 orders | X |
Maximum number of pending and open orders | 600 orders | X |
Dynamic leverage | Available | Available |
Maximum leverage | 1:2000 | 1:2000 |
Margin call level | 40% | 40% |
Stop out level | 20% | 20% |
Covered margin | Zero | Zero |
Micro Account
A type of account designed exclusively for traders who do not like to take too much risk and who are not interested in investing large sums of money. The Micro account is the right option to invest in the markets without having to worry about excessive costs or sudden large losses. Trading in microlots, zero commissions, and spreads starting from 1.1 pips. Available only on the MT5 platform.
Features | Micro Account |
---|---|
Minimum deposit | None |
Maximum number of accounts | 10 |
Demo account | Not available |
Base currency | USC |
Available instruments | Currencies, Metals, Indices, Energies |
Average spread (EURUSD) | Variable starting from 1.1 pips |
Trading commissions | Zero |
Stop out level | Zero |
Swap-free option (Islamic account) | Available on request |
Lot size | Micro 1,000 US dollars |
Minimum trading volume | 0.01 Lot |
Maximum volume per order (daytime) | 500 Micro Lots |
Maximum volume per order (nighttime) | 500 Micro Lots |
Total maximum volume of pending orders | 500 Micro Lots |
Total maximum volume of open orders | 500 Micro Lots |
Total maximum volume of pending and open orders | 1000 Micro Lots |
Maximum number of pending orders | 500 orders |
Maximum number of open orders | 500 orders |
Maximum number of pending and open orders | 1000 orders |
Dynamic leverage | Not available |
Maximum leverage | 1:1000 |
Margin call level | 60% |
Stop out level | 10% |
Covered margin | Zero |
Professional Accounts
Designed to guarantee experts in the sector everything necessary to optimize any investment, the XS professional accounts offer typically professional trading with very high performance. The PRO accounts include services, features, and exclusive conditions to develop complex and detailed strategies.
Elite Account
A standard version for professional traders, the Elite offers clients a finely structured environment that allows for the realization of accurate strategies. A wide range of instruments, dynamic leverage, and minimal raw spreads are just some of the features compatible with experienced traders. Available on MT4 and MT5 platforms.
Features | Elite Account MT4 | Elite Account MT5 |
---|---|---|
Minimum deposit | $500 US dollars | $500 US dollars |
Maximum number of accounts | 10 | 10 |
Demo account | Available | Available |
Base currency | USD – EUR -JPY | USD – EUR -JPY |
Available instruments | Currencies, Metals, Cryptocurrencies, Energies, Indices | Currencies, Metals, Cryptocurrencies, Energies, Indices, Futures, Stocks |
Average spread (EURUSD) | Variable starting from 0.1 pips | Variable starting from 0.1 pips |
Trading commissions | Starting from $3 per lot | Starting from $3 per lot |
Stop out level | Zero | Zero |
Swap-free option (Islamic account) | Available on request | Available on request |
Lot size | Standard (100,000) | Standard (100,000) |
Minimum trading volume | 0.01 Lot | 0.01 Lot |
Maximum volume per order (daytime) | 100 Lots | 100 Lots |
Maximum volume per order (nighttime) | 50 Lots | 50 Lots |
Total maximum volume of pending orders | X | X |
Total maximum volume of open orders | X | X |
Total maximum volume of pending and open orders | X | X |
Maximum number of pending orders | 600 orders | X |
Maximum number of open orders | 600 orders | X |
Maximum number of pending and open orders | 600 orders | X |
Dynamic leverage | Available | Available |
Maximum leverage | 1:2000 | 1:2000 |
Margin call level | 40% | 40% |
Stop out level | 20% | 20% |
Covered margin | Zero | Zero |
Pro Account
an exclusive for professional clients demanding a trading environment with very high performance, the Pro account offers clients high liquidity, raw spreads from 0.7 pip, and nearly instantaneous order execution. Compatible with MT4 and MT5 platforms.
Features | Pro Account MT4 | Pro Account MT5 |
---|---|---|
Minimum deposit | $500 US dollars | $500 US dollars |
Maximum number of accounts | 10 | 10 |
Demo account | Available | Available |
Base currency | USD – EUR -JPY | USD – EUR -JPY |
Available instruments | Currencies, Metals, Cryptocurrencies, Energies, Indices | Currencies, Metals, Cryptocurrencies, Energies, Indices, Futures, Stocks |
Average spread (EURUSD) | Variable starting from 0.7 pip | Variable starting from 0.7 pip |
Trading commissions | Zero | Zero |
Stop out level | Zero | Zero |
Swap-free option (Islamic account) | Available on request | Available on request |
Lot size | Standard (100,000) | Standard (100,000) |
Minimum trading volume | 0.01 Lot | 0.01 Lot |
Maximum volume per order (daytime) | 100 Lots | 100 Lots |
Maximum volume per order (nighttime) | 50 Lots | 50 Lots |
Total maximum volume of pending orders | X | X |
Total maximum volume of open orders | X | X |
Total maximum volume of pending and open orders | X | X |
Maximum number of pending orders | 600 orders | X | Maximum number of open orders | 600 orders | X |
Maximum number of pending and open orders | 600 orders | X |
Dynamic leverage | Available | Available |
Maximum leverage | 1:2000 | 1:2000 |
Margin call level | 40% | 40% |
Stop out level | 20% | 20% |
Covered margin | Zero | Zero |
VIP Account
Traders with high investment volumes will find in the VIP type account the answer to their needs. With an operation that borders on perfection, cutting-edge tools and functions, additional services for excellent risk management, and precise negotiation cost calculation, each client will be able to elaborate their investment strategies with extreme precision and take maximum advantage from any operation carried out. The VIP account also includes exclusive premium trading conditions, deep liquidity, and constant support from their personal manager. Available only on the MT5 platform.
Features | VIP Account MT5 |
---|---|
Minimum deposit | $100,000 US dollars |
Maximum number of accounts | 10 |
Demo account | Not available |
Base currency | USD – EUR -JPY |
Available instruments | Currencies, Metals, Cryptocurrencies, Energies, Indices, Futures, Stocks |
Average spread (EURUSD) | Variable starting from 0.1 pips |
Trading commissions | Variable based on the selected instrument |
Stop out level | Zero |
Swap-free option (Islamic account) | Available on request | Lot size | Standard (100,000) |
Minimum trading volume | 0.01 Lot |
Maximum volume per order (daytime) | 100 Lots |
Maximum volume per order (nighttime) | 50 Lots |
Total maximum volume of pending orders | X |
Total maximum volume of open orders | X |
Total maximum volume of pending and open orders | X |
Maximum number of pending orders | X |
Maximum number of open orders | X |
Maximum number of pending and open orders | X |
Dynamic leverage | Not available |
Maximum leverage | 1:500 |
Margin call level | 40% |
Stop out level | 20% |
Covered margin | Zero |
Account Comparison
By consulting the following table, it will be possible to compare the features of each individual account offered and choose the most suitable one:
Features | Cent Account | Standard Account | Micro Account | Elite Account | Pro Account | VIP Account |
---|---|---|---|---|---|---|
Minimum deposit | None | None | None | $500 US dollars | $500 US dollars | $100,000 US dollars |
Maximum number of accounts | 10 | 10 | 10 | 10 | 10 | 10 |
Demo account | Not available | Available | Not available | Available | Available | Not available |
Base currency | USC | USD – EUR -JPY | USD | USD – EUR -JPY | USD – EUR -JPY | USD – EUR -JPY |
Available instruments | Currencies and Metals | MT5: Currencies, Metals, Cryptocurrencies, Energies, Indices, Futures, Stocks — MT4: Currencies, Metals, Cryptocurrencies, Energies, Indices | Currencies, Metals, Indices, energetici | MT5: Currencies, Metals, Cryptocurrencies, Energies, Indices, Futures, Stocks — MT4: Currencies, Metals, Cryptocurrencies, Energies, Indices | MT5: Currencies, Metals, Cryptocurrencies, Energies, Indices, Futures, Stocks — MT4: Currencies, Metals, Cryptocurrencies, Energies, Indices | Currencies, Metals, Cryptocurrencies, Energies, Indices, Futures, Commodities |
Average spread (EURUSD) | Variable starting from 1.1 pips | Variable starting from 1.1 pips | Variable starting from 1.1 pips | Variable starting from 0.1 pips | Variable starting from 0.7 pips | Variable starting from 0.1 pips |
Trading commissions | Zero | Zero | Zero | Starting from $3 per lot | Zero | Variable based on the selected instrument |
Stop out level | Zero | Zero | Zero | Zero | Zero | Zero |
Swap-free option (Islamic account) | Available on request | Available on request | Available on request | Available on request | Available on request | Available on request | Lot size | Standard cent (100,000) USC | Standard (100,000) | Micro 1,000 US dollars | Standard (100,000) | Standard (100,000) | Standard (100,000) |
Minimum trading volume | 0.01 Lot | 0.01 Lot | 0.01 Lot | 0.01 Lot | 0.01 Lot | 0.01 Lot |
Maximum volume per order (daytime) | 500 Lots | 100 Lots | 500 Lots | 100 Lots | 100 Lots | 100 Lots |
Maximum volume per order (nighttime) | 500 Lots | 50 Lots | 500 Lots | 50 Lots | 50 Lots | 50 Lots |
Total maximum volume of pending orders | 500 Lots | X | 500 Lots | X | X | X |
Total maximum volume of open orders | 500 Lots | X | 500 Lots | X | X | X |
Total maximum volume of pending and open orders | 1000 Lots | X | 1000 Lots | X | X | X |
Maximum number of pending orders | 500 orders | MT4: 600 orders — MT5: n.d. | 500 orders | MT4: 600 orders — MT5: n.d. | MT4: 600 orders — MT5: n.d. | X |
Maximum number of open orders | 500 orders | MT4: 600 orders — MT5: n.d. | 500 orders | MT4: 600 orders — MT5: n.d. | MT4: 600 orders — MT5: n.d. | X |
Maximum number of pending and open orders | 1000 orders | MT4: 600 orders — MT5: n.d. | 1000 orders | MT4: 600 orders — MT5: n.d. | MT4: 600 orders — MT5: n.d. | X |
Dynamic leverage | Not available | Available | Not available | Available | Available | Not available |
Maximum leverage | 1:1000 | 1:2000 | 1:1000 | 1:2000 | 1:2000 | 1:500 |
Margin call level | 60% | 40% | 60% | 40% | 40% | 40% |
Stop out level | 10% | 20% | 10% | 20% | 20% | 20% |
Covered margin | Zero | Zero | Zero | Zero | Zero | Zero |
Features | Details |
---|---|
Regulation | Australian Securities and Investments Commission (ASIC) – Cyprus Securities and Exchange Commission (CySEC) – Financial Services Authority of Labuan (LFSA) – Financial Sector Conduct Authority (FSCA) in South Africa |
Available Instruments | Currencies, Metals, Cryptocurrencies, Energies, Indices, Futures, Stocks |
Trading Platforms | MetaTrader 4, MetaTrader 5, and XS.com |
Minimum Deposit | Starting from Zero |
Leverage | Up to 1:2000 (varies based on account and country of residence) |
Spread | Variable starting from 0.1 pips |
Trading Commissions | Starting from zero |
Deposit Commissions | Starting from zero |
Withdrawal Commissions | Starting from zero |
Account Types | Preferred Accounts: Cent, Standard, and Micro – Professional Accounts: Elite, PRO, VIP |
Negative Balance Protection | Active |
Customer Support | 24/7 Multilingual |
Security Measures | Two-factor authentication – Verification (KYC) – Successful hack – Cold wallet storage – Investor protection fund |
PAMM – MAM Accounts | Not available |
Minimum – maximum order | Not available |
Stop out | 20% (varies based on account type) |
Margin call | 40% (varies based on account type) |
Contests and bonuses | Demo contest – VIP Program |
Order execution | Market |
Affiliate Program | Yes |
Account currency | Cryptocurrencies |
Deposit – withdrawal methods | Bank transfer, Visa/Mastercard, Skrill, Neteller |
A giant in the online trading sector, XS is a strictly regulated broker by multiple regulatory bodies that offers a service with high levels of security and transparency and excellent investment solutions. The broker allows trading on Currencies, Metals, Cryptocurrencies, Energies, Indices, Futures, Stocks with flexible and competitive conditions that include: a max leverage up to 1:2000, spreads starting from 0.0 pip, trading commissions starting from zero, and nonexistent deposit withdrawal expenses.
- Multi-regulated
- To offer a secure and transparent service to clients around the world, the broker boasts registrations with multiple regulatory bodies, including: Australian Securities and Investments Commission (ASIC) – Cyprus Securities and Exchange Commission (CySEC) – Financial Services Authority of Labuan (LFSA) – Financial Sector Conduct Authority (FSCA) in South Africa.
- Fund Security
- All client funds are deposited in segregated accounts at highly reputable banks and separated from the company’s capital. XS cannot access and use them for its own purposes. Additionally, to optimize the trader’s experience, the broker offers maximum peace of mind thanks to insurance up to $5,000,000. Additional insurance protection to cover losses greater than $10,000 USD.
- Access to Global Markets
- Every client will be able to trade on a wide range of instruments divided into various asset classes: Currencies, Metals, Cryptocurrencies, Energies, Indices, Futures, Stocks
- Simple Registration Process
- Quick and simple execution. The trader interested in opening a new account with the broker can register in a few minutes and start trading on the markets.
- Reliable Funding Methods
- An excellent list of funding methods that allows the trader to select the most suitable for their needs. Zero fees for deposit and withdrawal transactions via: Bank transfer, Visa/Mastercard, Skrill, and Neteller.
- Competitive Trading Conditions
- The high flexibility of the trading conditions offered allows traders to focus on negotiations without having to worry about significant commissions or hidden expenses. Trading commissions starting from zero, spreads starting from 0.1 pip, dynamic leverage up to 1:2000, and no activation deposit (a feature that varies based on the account and the trader’s country of residence).
- Multilingual Customer Support
- A support team composed of professionals with proven experience, always ready to solve any problem 24 hours a day.
- Dynamic Leverage
- An innovative tool that automatically adjusts to the trading positions of clients. As the volume of trading of the client increases, the maximum available leverage will decrease. The dynamic leverage model applied by the broker will be calculated on each traded instrument. Thus, if a client has multiple open positions on multiple instruments, the financial leverage will be calculated individually on each product.
- Fractional Trading
- A very advantageous investment solution that allows clients to trade in multiple classes by engaging small amounts of capital. Excellent for diversifying the portfolio while simultaneously minimizing the risks of loss.
- XS VIP Program
- An enticing initiative that literally rewards the most active traders who invest with XS, the VIP Program provides access to a series of exclusive benefits and privileges, created to optimize each participant’s experience. Divided into five membership levels, each of which guarantees advantageous rewards based on total deposits and quarterly trading volumes. Among the available benefits, we find: priority support, lifestyle advantages, unique experiences, and advanced trading tools. Membership status is reassessed quarterly, allowing clients who meet the conditions of deposit and trading volume to advance to higher levels and consequently unlock further benefits (including personalized ones).
FAQs
- What regulatory bodies oversee XS?
- XS is regulated by ASIC, CySEC, LFSA, and FSCA.
- How can I open an account with XS?
- Visit the XS website, click on register, follow the steps to provide personal information and documentation.
- What types of trading accounts does XS offer?
- XS offers Cent, Standard, Micro, Elite, Pro, and VIP accounts.
- Are there demo accounts available at XS?
- Yes, demo accounts are available for certain types of accounts.
- What platforms can I trade on with XS?
- Traders can use MT4, MT5, and XS.com platforms.
- What is the minimum deposit required to trade with XS?
- There is no minimum deposit required for some accounts.
- Does XS offer multilingual customer support?
- Yes, XS offers 24/7 customer support in multiple languages.
- What kinds of instruments can I trade with XS?
- XS allows trading in currencies, metals, cryptocurrencies, energies, indices, and stocks.
- What are the trading conditions at XS?
- XS provides variable spreads, dynamic leverage, and competitive trading commissions.
- What security measures does XS have?
- XS ensures fund security through segregated accounts, KYC processes, and two-factor authentication.
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