How to open XS Trading Account - Forex Account Types and Deposit Methods How to open XS Trading Account - Forex Account Types and Deposit Methods

XS is a strictly regulated broker offering secure and transparent trading services with a variety of account types for different traders. The broker provides six account options divided into Preferred (Cent, Standard, Micro) and Professional (Elite, Pro, VIP) categories, each catering to different experience levels and investment needs. Opening an XS account is a simple process that requires identity verification and selecting a suitable account. XS offers competitive trading conditions, including leverage up to 1:2000, zero trading commissions on some accounts, and spreads starting from 0.1 pips. With 24/7 multilingual customer support, various funding options, and an exclusive VIP program, XS ensures a high-quality trading experience.

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Feature Details
Account Types Cent, Standard, Micro (Preferred); Elite, Pro, VIP (Professional)
Regulations ASIC, CySEC, LFSA, FSCA
Available Trading Instruments Currencies, Metals, Cryptos, Energy, Indices, Futures, Stocks
Leverage Up to 1:2000 (varies by account type)
Minimum Deposit Starting from $0 (varies by country)
Trading Commissions Zero for some accounts, variable for others
Spread Starting from 0.1 pips
Trading Platforms MetaTrader 4, MetaTrader 5, XS.com
Deposit & Withdrawal Fees Zero for most methods
Customer Support 24/7 multilingual assistance
VIP Program Exclusive rewards based on deposits and trading volumes

Find out more about XS

How to open an XS account

A strictly regulated broker that is very popular among traders for the high quality of service offered and the very high levels of security, XS is a leader in the industry that offers a carefully structured environment, allowing clients of any category to trade at their best, leveraging cutting-edge tools and advantageous trading conditions.

XS offers traders an excellent list of accounts with which to invest in Currencies, Metals, Cryptocurrencies, Energies, Indices. Each account has been created with the goal of meeting certain categories of investors. Based on the characteristics, 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 for their needs, and start investing in a short time. With access to the registration page, the client will be able to enter the required information for account activation, following the simple guidelines.

To successfully activate an account, the trader will have to undergo verification to prove their real identity and country of residence. To do this, they will need to send the required documentation.

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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 in the upper right part 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 up a secure password. Read very carefully and accept the terms and conditions of use. 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, any investment preferences, trading needs, and risk propensity. This procedure is carried out with the goal of providing the customer with a service that is fully compatible with his modus operandi:

  1. Enter personal information: gender, date of birth, nationality, and country of residence
  2. Answer questions concerning: level of trading experience, 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”.
  3. With access to the second schema, the client will need to provide information on: occupation, source of funding account, approximate annual income, approximate net worth, any investment activities.
Last step.
To definitively activate the newly opened account, the trader must first select the most suitable account 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, identity card) and a recent utility bill (electricity, gas, internet, etc.). Once the account is activated, the trader can make an initial deposit and start investing

Find out more about XS

Available accounts

As already mentioned, the list of accounts available with XS was created with the sole objective of ensuring excellent operability for traders of any category or need. Trading conditions and features change for each individual account and have been carefully selected to allow a specific category of traders to make the most of their operations and negotiating capabilities.

XS offers traders 6 different types of accounts. Divided into two subcategories, the accounts are as follows:

  • Preferred Accounts: a type of account suitable for both beginners and experts who prefer a classic approach to trading, with advantageous trading conditions and minimized risks. The Preferred accounts are: Cent, Standard, and Micro.
  • Professional Accounts: offering very advanced tools and services, suitable for typically professional trading, the accounts offer 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 copy trading, social trading service, and much more.

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It is important to specify that:

  • The broker allows so-called “prudent or undecided” traders to opt for opening a demo version of the selected account. Negotiating on demo accounts, the trader will be able to test the environment offered without taking 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.
  • The dynamic leverage is not available on all accounts offered by the broker.
  • The minimum deposit for activating the accounts is equal to zero (in some countries).

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Preferred Accounts

A type of account where flexibility reigns supreme, the Preferred offer novices 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 primarily designed to offer traders beginners and experts a standard approach in trading. Advantageous trading conditions, limited risk, and no minimum activation deposit are useful features for being able to test one’s competences on the markets, through the creation of effective strategies to be used on a wide range of products.

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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), spread starting from 1.1 pip, no minimum deposit, and zero commissions. Available only on 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 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

Open a Cent account

Standard Account

Suitable for any trader, both experienced and novice, looking to invest in a flexible trading environment with easily usable tools. The Standard account offers trading conditions compatible with any need or experience level. Zero activation deposit, minimal spreads, no commissions, and the option to open 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, Energy, Indices Currencies, Metals, Indices, Energy, Futures, Stocks
Average spread (EURUSD) Variable from 1.1 pips Variable 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

Open a Standard account

Micro Account

An account type designed exclusively for traders who do not like to take too many risks and are not interested in investing large sums of money. The Micro type account is the right option to invest in the markets without having to worry about excessive costs or large sudden 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, Energy
Average spread (EURUSD) Variable 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

Open a Micro account

Professional Accounts

Designed to guarantee experts in the field everything needed 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.

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Elite Account

A standard version for professional traders, the Elite offers clients a finely structured environment that allows the realization of accurate strategies. A wide range of instruments, dynamic leverage, and raw spreads minimized are just some of the features compatible with proven experience traders. Available on the 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, Energy, Indices Currencies, Metals, Cryptocurrencies, Energy, Indices, Futures, Stocks
Average spread (EURUSD) Variable from 0.1 pips Variable 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

Open an Elite account

Pro Account

An exclusive for professional clients who demand a high-performance trading environment, the Pro account offers clients high liquidity, raw spreads from 0.7 pips, and almost 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, Energy, Indices Currencies, Metals, Cryptocurrencies, Energy, Indices, Futures, Stocks
Average spread (EURUSD) Variable from 0.7 pips Variable from 0.7 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

Open a Pro account

VIP Account

High-volume traders will find in the VIP account type the answer to their needs. With operation close to perfection, state-of-the-art tools and functions, additional services for excellent risk management, and precise trading cost calculations, each client can develop extremely precise investment strategies and derive the maximum benefit from any executed operation. The VIP account also includes exclusive premium trading conditions, deep liquidity, and constant support from a 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, Energy, Indices, Futures, Stocks
Average spread (EURUSD) Variable from 0.1 pips
Trading commissions Variable depending 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

Open a VIP account

Account comparison

Consulting the next 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 USC USD – EUR -JPY USD – EUR -JPY USD – EUR -JPY
Available instruments Currencies and Metals MT5: Currencies, Metals, Cryptocurrencies, Energy, Indices, Futures, Stocks — MT4: Currencies, Metals, Cryptocurrencies, Energy, Indices Currencies, Metals, Indices, Energy MT5: Currencies, Metals, Cryptocurrencies, Energy, Indices, Futures, Stocks — MT4: Currencies, Metals, Cryptocurrencies, Energy, Indices MT5: Currencies, Metals, Cryptocurrencies, Energy, Indices, Futures, Stocks — MT4: Currencies, Metals, Cryptocurrencies, Energy, Indices Currencies, Metals, Cryptocurrencies, Energy, Indices, Futures, Stocks
Average spread (EURUSD) Variable from 1.1 pips Variable from 1.1 pips Variable from 1.1 pips Variable from 0.1 pips Variable from 0.7 pips Variable from 0.1 pips
Trading commissions Zero Zero Zero Starting from $3 per lot Zero Variable depending 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

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XS Benefits

Features Details
Regulation Australian Securities and Investments Commission (ASIC) – Cyprus Securities and Exchange Commission (CySEC) – Labuan Financial Services Authority (LFSA) – Financial Sector Conduct Authority (FSCA) in South Africa
Available Instruments Currencies, Metals, Cryptocurrencies, Energy, Indices, Futures, Stocks
Trading Platforms MetaTrader 4, MetaTrader 5, and XS.com
Minimum Deposit Starting from Zero
Leverage Up to 1:2000 (varies by account and country of residence)
Spread Variable from 0.1 pips
Trading Commissions Starting from zero
Deposit Fees Starting from zero
Withdrawal Fees Starting from zero
Account Types Preferred Accounts: Cent, Standard, 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 by account type)
Margin call 40% (varies by 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

Find out more about XS

A giant in the online trading industry, XS is a broker strictly regulated by multiple control bodies offering a service with high levels of security and transparency and with excellent investment solutions. The broker allows trading on Currencies, Metals, Cryptocurrencies, Energy, 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 non-existent deposit withdrawal fees.

Multiply regulated
To offer a safe and transparent service to clients worldwide, the broker boasts registrations with multiple regulatory bodies, including: Australian Securities and Investments Commission (ASIC) – Cyprus Securities and Exchange Commission (CySEC) – Labuan Financial Services Authority (LFSA) – Financial Sector Conduct Authority (FSCA) in South Africa.
Fund security
All client funds are deposited in segregated accounts at top-level banks and separated from the company’s capital. XS cannot access them and use them for its own purposes. Moreover, to optimize the trader’s experience, the broker offers maximum tranquility thanks to insurance up to $5,000,000. Additional insurance protection to cover losses over $10,000.
Access to global markets
Every client can trade on a wide range of instruments divided into various asset classes: Currencies, Metals, Cryptocurrencies, Energy, 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 deposit and withdrawal fees for 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 trading without having to worry about hefty commissions or hidden fees. Trading commissions starting from zero, spreads starting from 0.1 pip, dynamic leverage from 1:2000, and no activation deposit (feature that varies depending on the account and the country of residence of the trader).
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 trading volume 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 positions open 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 engaging small amounts of capital. Excellent for diversifying the portfolio and at the same time, minimizing loss risks.
XS VIP Program
An attractive initiative that literally rewards the most active traders who invest with XS, the VIP Program allows access to a series of benefits and exclusive privileges, created to optimize the experience of each participant. Divided into five membership levels, each of which guarantees advantageous rewards based on total deposits and quarterly trading volumes. Among the available advantages are: priority support, lifestyle benefits, unique experiences, and advanced trading tools. Membership status is reprocessed quarterly, allowing clients who meet the deposit and trading volume conditions to advance to higher levels and consequently unlock additional benefits (also customized).

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FAQs

What types of accounts does XS offer?
XS provides six accounts: Cent, Standard, Micro (Preferred), and Elite, Pro, VIP (Professional).
How can I open an XS trading account?
Register on the XS website, verify your identity, and select an account type.
Is there a minimum deposit required?
Some accounts have zero minimum deposit, while professional accounts start at $500.
What trading instruments are available?
XS offers trading on currencies, metals, cryptocurrencies, energy, indices, futures, and stocks.
Does XS charge trading commissions?
Some accounts have zero commissions, while others charge a small fee per lot.
What is the maximum leverage available?
XS provides leverage up to 1:2000, depending on the account type.
Are demo accounts available?
Yes, but not for all account types.
What are the main benefits of trading with XS?
XS offers a secure trading environment, competitive spreads, zero deposit fees, and multilingual customer support.
How can I deposit and withdraw funds?
XS supports bank transfers, Visa/Mastercard, Skrill, and Neteller with no deposit fees.
Does XS offer a VIP program?
Yes, XS has a VIP program with exclusive rewards based on deposits and trading volumes.
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