XS.com: Main features and reputation

A top-class broker with a solid management base and advanced infrastructure technology

XS.com is an overseas FX broker based on the XS Group, which was founded in Australia in 2010, and established a new retail division for individual investors in 2023.

The XS Group, which has provided infrastructure services as a financial provider to institutional investors and other overseas FX companies, has a management structure with excellent capital and technical capabilities.

Its reliability and security are highly regarded overseas, and it can be said that it boasts outstanding stability among emerging FX brokers offering financial services to Japanese residents.

In this article, we will take a detailed look at the features and reviews of XS.com.

This article is recommended for the following people

1. Is XS.com safe?

2. I want to know about the trading environment at XS.com

3. I want to know how to deposit and withdraw funds from XS.com

Table of Contents

[

Hide

]

1. What kind of overseas FX broker is XS.com?

   1. The group has five financial licenses.
   2. Customer assets are completely segregated
   3. Broker compensation insurance ensures high security of funds
   4. Five account types available to suit your trading needs

2. XS.com’s positive reviews and benefits

   1. Narrow spreads make trading easy
   2. High contract power and no order rejections (requotes)
   3. Maximum leverage is 2,000x
   4. Zero cut system in place, no need to worry about margin calls
   5. The stop loss level is low at 20%
   6. Highly reliable as it is run by a B2B broker
   7. Fast deposit and withdrawal processing
   8. Swap-free operation for 5 days

3. Bad reputation and disadvantages of XS.com

   1. No deposit or account opening bonuses offered
   2. No analytics tools or webinars

4. Before you start trading with XS.com

   1. Experience trading with a demo account

   2. How to open a trading account

      1. STEP 1 Account opening application
      2. STEP 2 Enter your personal information and financial situation
      3. STEP 3 Upload your identity verification documents

   3. How to log in to My Page

   4. Check available deposit and withdrawal methods

      1. List of deposit methods
      2. Withdrawal methods list

5. Summary and review from XS.com

6. More information on XS.com

   1. Operating company information
   2. Japanese support and support desk
   3. Terms of trade and deposit protection rules
   4. Terms and conditions for each account type

7. XS.com – Frequently Asked Questions (FAQ)

What kind of overseas FX broker is XS.com?

XS.com is an emerging overseas FX broker founded by the XS Group, which was established in Australia in 2010. In February 2023, Mohammad Ibrahim, a former globally acclaimed Exness broker , was appointed CEO, and this marked the start of the company’s financial services business for individual investors.

Based in the Republic of Seychelles, XS.com holds five financial licenses, which are difficult to obtain . This shows that the company has high technical capabilities and financial security based on B2B business. XS.com leverages its capital base and industry experience to provide reliable services to individual investors.

The group has five financial licenses.

XS.com holds five financial licenses across the group.

Licensed by XS.com Group

For Japanese users, we operate under a license from the Seychelles Financial Services Authority (FSA).

Many major overseas FX brokers that offer services to Japan, such as XMTrading , Exness , and Traders Trust (TTCM), have obtained FSA financial licenses . Because the FSA license has loose rules, it cannot be said to be a license with strict standards, but it is used to provide comfortable services such as high leverage to customers .

In addition to the FSA financial license, the company also holds financial licenses from CySEC, ASIC, FSCA, and Labuan FSA, so it can be said that there are no problems with its financial soundness or management foundation.

In particular, CySEC and ASIC have a reputation for having very strict financial licenses , and are one of the criteria for choosing a broker’s safety, reliability, and management stability.

Read also

New broker XS.com enters the Japanese market! | XS | FX Plus™

XS.com is an overseas FX broker that entered the Japanese market in 2023. This article explains the safety of the company, which has over 10 years of experience as a B2B broker, including its compensation insurance and financial licenses.

2024.03.20

Customer assets are completely segregated

XS.com’s customer funds management method is completely segregated . There are many benefits to an overseas FX broker completely segregating customer assets.

Generally, when overseas FX brokers manage their operating funds and customer funds together, large market fluctuations or errors in judgment by the broker can affect users’ funds.

However, full segregation ensures that user funds are separated from the broker’s operating funds, so even if XS.com faces financial problems, user funds will be kept safe .

Broker compensation insurance ensures high security of funds

XS.com is covered by the civil liability insurance program of Lloyd’s of London, an insurance company with a reputation for being one of the largest in the world, so the safety of your funds is extremely high .

XS.com’s civil liability insurance program provides additional coverage for losses over $10,000 and up to $5 million in the event of bankruptcy .

This insurance covers liability for all risks of negligence or omission, fraud, and financial loss to clients and third parties, and brokers who have this insurance have a reputation for being highly financially secure.

Read the full article here

Ranking of safe overseas FX brokers! Introducing brokers with compensation insurance | Basic knowledge of overseas FX

We will introduce in a ranking format the overseas FX brokers that have compensation insurance and are members of the Financial Commission, which are less likely to cause withdrawal problems. We also explain the characteristics of brokers that can avoid withdrawal problems and allow you to trade with peace of mind.

2024.02.29

Five account types available to suit your trading needs

XS.com offers four different account types: Cent Account, Standard Account, Elite Account, and Pro Account.

XS.com Account Type Features

To familiarize yourself with the trading environment at XS.com, we recommend starting with a Standard Account, which has no minimum deposit .

Also, if you want to try out automated trading systems (EA) with small amounts, a cent account, which allows transactions from 1,000 currency units , is suitable.

In addition, the “Elite Account” and “Pro Account” are account types that feature low spreads and can accommodate a variety of trading styles , from scalping to swing trading .

These account types have a slightly higher minimum deposit of $500, but offer excellent performance that matches the deposit requirements.

Open the XS.com account opening page

XS.com’s positive reviews and benefits

The biggest advantage of XS.com is the highly reliable trading environment that comes from their experience in running their own B2B business . Not only does it have a high contract rate and no order rejections (requotes), but it also has a narrow spread and the ability to keep total costs low, which is another attractive feature of XS.com.

Narrow spreads make trading easy

XS.com provides financial services to customers through its provider, XS Fintech Ltd, the technology division of the XS Group.

This enables us to settle orders directly in-house with the interbank market without going through another company’s LP , allowing us to offer extremely narrow spreads.

As you can see below, trading costs have been highly rated by users.

Comparison of spreads between XS.com and other companies

Overseas FX Brokers	EURUSD	USDJPY	US30	BTCUSD
Pro Account	0.6  pips	0.8  pips	2.6  pips	46.0  pips
Zero Account	0.7  pips	1.4  pips	8.5  pips	72.2  pips
KIWAMI Polar Account	1.1  pips	1.3  pips	4.1  pips	61  pips
Blade Account	0.8  pips	1.3  pips	5.0  pips	74.4  pips

Pro Account
EURUSD	0.6  pips
USDJPY	0.8  pips
US30	2.6  pips
BTCUSD	46.0  pips
Zero Account
EURUSD	0.7  pips
USDJPY	1.4  pips
US30	8.5  pips
BTCUSD	72.2  pips

Show more

As you can see from the table above, XS.com offers tighter spreads on many instruments than other companies.

In particular, stock indexes have a much narrower spread than other companies, so those who mainly trade stock indexes will find it useful for trading the Dow or Nasdaq. Stock index trading is most active at night, so it is also perfect for part-time traders.

Read also

Compare XS.com’s spreads with other companies! The industry’s lowest trading cost stocks | XS | FX Plus™

XS.com offers extremely narrow spreads on all products. In particular, their Bitcoin spreads are by far the narrowest, far surpassing other companies. In this article, we will introduce XS.com’s spreads for each financial product and compare them with other brokers.

2024.03.20

High contract power and no order rejections (requotes)

XS.com leverages its network as an LP (liquidity provider) to execute trades quickly and at competitive prices.

XS.com has excellent liquidity and minimizes slippage , so if you are concerned about the execution power of other companies, you should consider switching to XS.com.

In addition, XS.com does not have requotes (rejection of contracts) . Because there are no requotes, XS.com has an environment where you can easily carry out scalping trades using narrow spreads .

Read the full article here

The key to choosing an overseas FX broker is the execution power? Pitfalls and things to watch out for | Basic knowledge of overseas FX

We will introduce how to choose an overseas FX broker with a focus on contract power. We have summarized information about contract power, such as high contract rates, slippage, requotes, and contract refusals. We have compared recommended overseas FX brokers that allow you to try out contract power without risk, including the benefits of having a high contract power, points to note about contract power, and bonuses and campaigns.

2024.01.11

Maximum leverage is 2,000x

At XS.com, you can use leverage of up to 2,000 times , which is quite high in the industry. This is a big advantage for traders who want to take on large transactions with a small amount of capital.

In addition, XS.com uses ” dynamic leverage, ” which changes the leverage depending on the trading situation .

XS.com Dynamic Leverage has two standards: “Equity-Based (EQ Account)” and “Lot-Based (LT Account)”.

You can choose from the leverage limit by account balance and the leverage limit by trading lot number according to your trading style and fund management policy. The effective margin base (EQ account) is only available when you select MT5 as your trading platform.

XS.com Leverage Limits

XS.com’s dynamic leverage allows traders to trade not only major currency pairs, but also volatile precious metal pairs (gold) with up to 2,000x leverage, making this a leverage setting that will satisfy even traders who want to take on riskier trades.

Another major benefit is that , despite being a broker with extremely narrow spreads, you can trade up to 2 lots of virtual currencies (BTC and ETH) at up to 500x the normal rate .

Zero cut system in place, no need to worry about margin calls

XS.com, like many overseas FX brokers, uses a zero-cut system . In FX trading that makes full use of high leverage, if the market moves suddenly, large losses can occur, but with the zero-cut system, losses will not exceed the account balance.

By trading with a broker that adopts zero cut, such as XS.com, you can trade with peace of mind even with high leverage transactions of 500x or 1,000x .

Read the full article here

What is zero cut in overseas FX? Explanation of the mechanism that prevents losses from exceeding the account balance | Basic knowledge of overseas FX

By using zero cut, overseas FX brokers can prevent losses that exceed the account balance due to sudden market fluctuations, allowing traders to trade without worrying about negative balances. In this article, we will explain in detail how zero cut works and its advantages and disadvantages.

2023.12.04

The stop loss level is low at 20%

XS.com’s stop loss level is set at 20%. Stop loss is a system that automatically closes a position when losses reach a certain level.

This 20% stop loss level is set lower than other companies, and a low stop loss level is considered advantageous for efficiently utilizing high leverage .

Comparison of stop loss levels between XS.com and other companies

Overseas FX Brokers	Stop Loss Level
	0%
	20%
	50%

0%	Exness
20%	XS.com, Titan FX
50%	MILTON MARKETS

However, you should be careful about low stop loss levels. If you are hit with a stop loss due to a sudden market fluctuation, the lower the stop loss level, the less funds you will have left . On the other hand, if the stop loss level is high, you will have more funds left at the time of stop loss, but if you are trading with high leverage, your position will be closed unexpectedly quickly , which can be a source of stress.

Highly reliable as it is run by a B2B broker

XS Group, the parent company of XS.com, is known as a B2B (business-to-business) broker with over 10 years of experience and has earned a high reputation overseas for its safety and reliability.

In the B2B model, companies provide products or services to other companies, and XS Group has established itself in that field so far primarily by providing liquidity to overseas FX brokers.

B2B brokers are in the business of acting as intermediaries for financial settlement orders, and are required to have large capital and transparency in their operations. XS.com, which belongs to the B2B broker category , has extremely ample capital and can be said to be a highly reliable overseas FX broker .

Fast deposit and withdrawal processing

Not only with XS.com, but the speed of deposits and withdrawals is an important factor when choosing an overseas Forex broker. XS.com has also earned a high reputation for its speed of deposits and withdrawals.

XS.com accepts the following payment methods: domestic bank transfer, credit/debit card, cryptocurrency, and online wallet. All payment methods are reflected instantly or within an hour , so you won’t miss an opportunity even in an emergency. Card payments, cryptocurrency, and online wallets are particularly fast, with most payments arriving within a few minutes .

The same applies to withdrawals. Withdrawals from “cryptocurrency” and “online wallets” are reflected in as little as a few minutes, and at most within 45 minutes . For domestic bank transfers, it depends on the time of the withdrawal request, but it is usually reflected on the next business day .

On the other hand, withdrawals using “credit/debit cards” are made using a method called “chargeback.” In this case, the time it takes to withdraw depends on the card company, not XS.com, so it may take longer or shorter than the withdrawal time stated by XS.com (10 business days). XS.com will process the withdrawal request promptly, but depending on the card company, it usually takes about one to two weeks for the funds to arrive.

Check available deposit and withdrawal methods

Swap-free operation for 5 days

XS.com introduced swap-free in June 2024. Although it is only swap-free for five days , it will definitely come in handy in situations where you hold a position and it is not settled for several days.

In addition, XS.com has mentioned that they will not abolish swap-free individually like XM and Exness . Even though it is for a short period of time, it is a point that can be appreciated as it is reliable and trustworthy.

Open the XS.com account opening page

Bad reputation and disadvantages of XS.com

XS.com is unique in that it offers high-spec accounts compared to other companies, but perhaps because it places emphasis on allocating resources to the trading environment, the design of its official website gives off a simple impression.

While some users may find this simplicity convenient and easy to use, others may find it lacking.

In addition, XS.com does not offer the generous deposit bonuses that are often seen in overseas FX brokers. For this reason, XS.com is considered to be a broker that targets intermediate to advanced traders in particular . For beginners, the lack of information is a disadvantage of XS.com, which makes it seem difficult to get started.

No deposit or account opening bonuses offered

XS.com does not offer any bonus campaigns like those offered by many overseas FX brokers.

One of the great attractions of overseas Forex is the ability to aim for large profits from small amounts by utilizing bonuses and high leverage, but since XS.com does not offer bonuses, it may be inferior in some ways to the generous deposit bonuses of other companies.

However, it is important to consider the possibility that offering bonuses would make it difficult to maintain an excellent trading environment. In order to maintain the quality of trading conditions that are important to traders, such as low spreads and high execution power, resources must be focused on these elements. XS.com has earned its current reputation as a superior broker by adopting a strategy that does not rely on bonuses .

No analytics tools or webinars

XS.com focuses on simplicity and high-quality service, which is why they do n’t offer any of the extra content such as instructional videos, webinars, or analytical tools that brokers like XM and HF Markets offer .

This lack of additional content will be a bummer for users who want to use third-party services such as Trading Central or Autochartist, as well as for beginner and intermediate traders who want to learn about Forex trading.

Before you start trading with XS.com

Experience trading with a demo account

XS.com offers a demo account that allows you to experience trading with virtual funds as a service that allows you to check the trading environment before opening a real account.

Opening a demo account allows you to test the functionality and usability of the XS.com trading platform without risking any real funds.

Just like real accounts, demo accounts can be opened after completing identity verification. If identity verification has been completed, please log in to the customer portal using the button below and proceed with the procedure by clicking “Open a demo account”.

Open the XS.com login page

How to open a trading account

To open an account with XS.com, follow the steps below:

STEP 1 Account opening application

On the account opening application screen, enter your name, phone number, email address, preferred language, and password, and click “Next.”

Enter the PIN code sent to the email address you entered and click “Next”.

STEP 2 Enter your personal information and financial situation

Enter your personal information such as your date of birth and nationality, as well as your employment status and financial situation.

STEP 3 Upload your identity verification documents

Please submit your identity verification documents and address verification documents from “Profile Verification” on your My Page. The documents that can be used for profile verification are as follows.

Identification documents

Address verification document (※)

Issued within the last six months

For more information on how to open an account with XS.com, please see the article below.

Read also

Detailed explanation with images on how to open an account and authenticate yourself at XS.com | XS | FX Plus™

This is a detailed explanation with images of how to open an account and verify your profile on XS.com, which started operating in 2023. With simple steps that can be completed within 30 minutes, you can start trading on XS.com without any hesitation.

2024.01.19

How to log in to My Page

To log in to XS.com, click “Login” in the upper right corner of the official website.

Enter your email address and password in the login page and click “Login”.

Read also

Detailed explanation of how to install XS.com’s MT4/MT5! | XS | FX Plus™

XS.com offers MT4/MT5 as a trading platform, and there are three types of devices available: PC version, app version, and web version. This article explains in detail how to download each version. In addition, we will also introduce the causes of problems when installing MT4/MT5.

2024.03.20

Check available deposit and withdrawal methods

List of deposit methods

The reflection period and minimum deposit amount for XS.com’s deposit methods are as follows. All deposit methods are free of charge.

Deposit Methods at XS.com

XS.com offers two types of domestic bank transfers in case of problems with the payment processing agency. However, the minimum deposit amount for “Domestic Bank Transfer (2)” is high at 700,000 yen, and the withdrawal amount is also inconvenient at 80,000 yen, so we basically recommend using Domestic Bank Transfer (1).

Withdrawal methods list

The fees, reflection period, and minimum withdrawal amount for XS.com withdrawal methods are as follows.

Withdrawal methods at XS.com

Summary and review from XS.com

XS.com is a B2B broker with over 14 years of experience and extensive financial resources, providing safe and reliable services.

Although there is a drawback in that some information is lacking on the official website, there are many great benefits for users, such as compensation insurance of up to $5 million and a fast withdrawal process, so it is expected to gain a good reputation overall.

In addition, XS.com features narrow spreads that utilize its own liquidity. It also has unrivaled products such as BTCUSD, which will be one of the major attractions of XS.com.

Although XS.com only just launched in 2023, its capabilities are full of unfathomable potential. For traders looking for a balance between security and a trading environment, XS.com is undoubtedly an attractive option.

Please try out XS.com’s excellent trading environment, which is developed with advanced technology.

Open the XS.com account opening page

Read also

A thorough explanation of the features of XS.com account types and how to choose the best one | XS | FX Plus™

XS.com offers four different account types, with different spreads and minimum deposit amounts. We will explain in detail the account types of XS, which will begin offering services for Japan in 2023 and is attracting attention for its narrow spreads and highly transparent transactions.

2025.04.09

More information on XS.com

Operating company information

Japanese support and support desk

As this is an international call, the customer will be responsible for the call charges.

Terms of trade and deposit protection rules

Terms and conditions for each account type

1. Learn more

   about XS.com’s leverage limits
   here .
2. The maximum order size varies depending on the time of day. From 6:00 to 15:59 JST, the maximum order size is 50 lots, and from 16:00 to 5:59 JST, the maximum order size is 100 lots.
3. This is the fee per order (one way).

Open the XS.com account opening page

XS.com – Frequently Asked Questions (FAQ)

We have compiled a list of frequently asked questions about XS.com.

1. 🔎Does XS.com offer margin calls?

   No, XS.com uses a zero-cut system, so there is no margin call. Even if your account balance goes into the negative due to a sudden price fluctuation, the negative balance will be reset to zero, so you can rest assured.

   read more

2. 🔎Does XS.com offer support in Japanese?

   Yes, XS.com has Japanese staff who provide support in Japanese via email and live chat. Chat support hours are from 9:00 to 1:00 on weekdays, Japan time.

   read more

3. 🔎What deposit methods does XS.com offer?

   At XS.com, you can deposit funds via bank transfer, credit/debit card, cryptocurrency, and online wallets. All payment methods are reflected instantly or within an hour.

   read more

4. 🔎Does XS.com offer any bonus campaigns?

   XS.com is a broker that values ​​the trading environment, so it does not offer bonuses or campaigns. As a campaign unique to our company, FXplus, we offer a 3,000 yen cashback that can be withdrawn to customers who open a new XS account through our company. You can apply for the cashback campaign when you meet the conditions set by our company.

   read more

5. 🔎Are there any trading fees on the XS.com Professional account?

   XS.com offers two professional accounts, the Elite Account and the Pro Account, but only the Elite Account incurs transaction fees. The fee is equivalent to $3 per lot, one way.

   read more