XS

XS Ltd

What is XS?

XS is a multi-asset broker founded in 2010 that operates through a group of companies licensed in several countries. International clients trade with XS Ltd, licensed by the Financial Services Authority of Seychelles, on MetaTrader 4, MetaTrader 5 or the XS app. It offers five account types, dynamic leverage up to 1:2000 and civil liability insurance of up to $5,000,000, as listed on the official XS website.

Here are the key facts about XS (checked against the official XS website in October 2026).

XS does not offer its services to residents of the USA, Iran or North Korea, and its international website is not directed at residents of the EU, Australia or Japan. Clients in other countries can open most accounts with no minimum deposit. You can check eligibility for your country on the XS registration page.

＼Dynamic leverage up to 1:2000／

Visit the XS Website

XS regulation and client protection

XS has an unusually wide set of licences for a high-leverage broker, covering Australia, Cyprus, South Africa, Mauritius, Labuan, the UAE and Kuwait as well as the Seychelles. International clients on xs.com are served by XS Ltd under its Seychelles licence, while the other companies serve their own regions. The full list with licence numbers is published on the XS regulations page.

Here are the XS group companies and licences named on the official website (checked in October 2026).

XS also advertises civil liability insurance of up to $5,000,000 through Lloyd’s of London, which adds a layer of protection on top of regulation. Even so, international accounts are held under the Seychelles licence, not under ASIC or CySEC rules. You can confirm which company you are contracting with during sign-up on the XS account opening page.

What XS does well

XS combines high leverage with zero-swap trading, no minimum deposit on its entry accounts and a broad regulatory footprint. Its Pro account offers spreads from 0.7 pips with no commission, and its Elite account goes down to 0.1 pips with a $3 commission. It also lists a range of industry awards, including recognition at QFEx and the Dubai Traders Summit in 2024, as shown on the XS website.

Here are the strengths XS highlights, summarised in plain terms.

For traders who want high leverage without giving up on regulation at group level, XS is one of the more balanced options. The zero-swap feature is especially useful for traders who hold positions overnight. You can test the platforms first with a free XS demo account.

＼No minimum deposit／

Open an XS Account

XS account types

XS offers five account types: Cent, Micro and Standard for everyday traders, and Pro and Elite for more experienced clients. Cent and Micro run on MT5 with leverage up to 1:1000, while Standard, Pro and Elite support MT4 and MT5 with leverage up to 1:2000. Only Elite charges a commission, as listed on the XS account types page.

Here is a comparison of the XS account types (checked against the official website in October 2026).

Standard is the most flexible no-minimum account, while Pro lowers the spread to 0.7 pips without a commission for a $500 deposit. Elite suits active traders who prefer near-raw spreads with a small commission. Leverage on all accounts is dynamic, falling as your equity or lot size grows, and you can open any of them from the XS client area.

＼Five account types／

Open an XS Account

XS promotions

XS does not list named bonus campaigns on its main website, and its main offers are built into its trading conditions. These include zero-swap trading, insurance cover of up to $5,000,000 and dynamic leverage up to 1:2000. Our sister site Hercules Finance tracks XS promotions and offers, and any current campaigns are shown on the XS website.

Here are the XS offers shown on the official website in October 2026.

Because XS focuses on conditions rather than bonuses, its value shows up mainly in lower costs for traders who hold positions overnight. If XS launches a promotion for your region, check its terms in the client area before joining. You can open an account and see the offers available to you on the XS registration page.

Crypto trading at XS

XS offers crypto CFDs on Bitcoin, Ethereum, Litecoin, Ripple and other coins, which can be traded 24/7 except during server maintenance. Leverage on Bitcoin and Ethereum is dynamic, and from Friday close to Monday open it ranges from 1:50 for up to 2 lots down to 1:5 for larger positions. Spreads are floating, as described on the XS crypto page.

Here are the weekend leverage limits for Bitcoin and Ethereum at XS (checked in October 2026).

Higher margin applies from 2 hours before the Friday close until 1 hour after the Monday open, so weekend crypto positions need more funds. Our sister site CryptoArmy looks at XS from a crypto trader’s point of view. You can trade crypto CFDs from the account you open on the XS registration page.

bestfx verdict on XS

XS is a well-rounded choice for international traders who want high leverage, zero swaps and no minimum deposit, backed by a group with licences in several major jurisdictions. Its main caveat is that international accounts sit under the Seychelles licence rather than ASIC or CySEC. For traders outside its restricted regions, XS is worth comparing on the official XS website.

Here is a summary of the pros and cons of XS.

We suggest the Standard account for most traders and the Pro account if you can deposit $500 for tighter spreads. Swing traders will benefit most from zero swaps. Opening an account is free on the XS registration page.

＼Free account opening／

Open an XS Account

XS FAQ

Is XS regulated?

Yes, international clients trade with XS Ltd, licensed by the Financial Services Authority of Seychelles (SD089). The group also has companies licensed by ASIC, CySEC, the Labuan FSA, the FSCA and the FSC of Mauritius. The full list is on the XS regulations page.

What is the minimum deposit at XS?

The Cent, Micro and Standard accounts have no minimum deposit, while Pro and Elite require $500. Payment methods depend on your country. You can open an account on the XS registration page.

Does XS charge swaps?

XS advertises zero-swap trading with no additional charges or fees. Check the swap-free conditions for the instruments you trade, because terms can vary. The details are on the XS website.

What is the maximum leverage at XS?

XS offers dynamic leverage up to 1:2000 on the Standard, Pro and Elite accounts and up to 1:1000 on Cent and Micro. Leverage decreases as your equity or lot size grows. The rules are explained on the XS dynamic leverage page.

Facts on this page were checked against the official XS website in October 2026.

Updated by BESTFX

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