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8.1
(32 Reviews)

Founded: - Min Deposit: 200 USD

Headquarters: Seychelles Max Lev: 1 : 500

Score
Business Scope
0.0
Trading Cost
7.8
Trading Platforms
8.3
Support
7.6
Licence Status
Seychelles FSA SD089
Authorised
Contact
+2484671916
info@xs.com

Deposit and Withdrawal

8.0

Very Good

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Company and Service

--

Score

Profile
Headquarters Address
F20, 1st floor, Eden Plaza, Eden Island, Victoria, Seychelles
Time Zone GMT+3
Credit Profile No information
Trading Platforms
MT4
Windows,  iOS,  Android
MT5
Windows,  iOS,  Android
Contact
No Data
Others
Website Language
Arabic,  Chinese(Simplified),  Chinese(Traditional),  English,  French,  German,  Indonesian,  Italian,  Japanese,  Portuguese,  Spanish,  Thai,  Vietnamese
Customer Service By
Phone,  Email,  Live Chat,  Web Form,  Facebook,  Twitter,  Instagram,  LinkedIn
Supported Language
Arabic,  Chinese(Simplified),  Chinese(Traditional),  English,  French,  Japanese,  Portuguese

Related Complaints

Q&A

I would like to know if it is worth it to use PAMM accounts and getting passive income if I’m not good at trading?

Lorenzo Molina
Peru
2024-06-14
ANSWER According to XS, "Percentage Allocation Money Management (PAMM) solution is a trading tool that allows experienced traders to execute trades on behalf of investors. The PAMM platform enables experienced traders to leverage their success by creating their own investment fund. The PAMM account allows investors to pool their funds together, providing them access to experienced traders and their trading strategies. This PAMM account gives investors more trading options and enables them to follow experienced traders, and the potential to earn higher returns." We advise contacting the broker's customer service team to gain a thorough understanding of PAMM accounts before making any investment decisions.However, investment inherently involves risks, and it's essential to acknowledge this reality. PAMM accounts are a solution offered by brokers for investors seeking to generate income, but these tools do not assure passive earnings and should be approached with caution. In fact, the effectiveness of investment activities is significantly influenced by the investor's financial acumen, trading expertise, and other critical factors. It is imperative to gain a solid foundation in trading knowledge and fully comprehend the risks involved before committing funds. It is advisable to use a Demo account prior to risking real funds. Remember, investing is synonymous with risk-taking.
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Overall Score

8.1
32 Reviews

Cost 7.8

Platforms 8.3

Deposit & Withdrawal 8.0

Customer Support 7.6

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28 Reviews

Diego Watanabe
1-3 years Brazil
I hve mixed feelings about this broker. I mean, sometimes it seems to me that it's not profitable, but then I get a profit and realize that it's just nerves from trading. By the way, this broker has excellent service that allows me to relax a little and at the same time get a lot of benefits. I'm talking about the official XS BLOG. There I not only relax, but also get additional inspiration. More over, I put into practice some ideas and tips that I get there. I understand that despite my extensive experience, I can learn something new there and use it to make profit.
22 hours ago
Reply
Javier Marin
7-12 months Spain
In general, Im satisfied with all services that this broker gives me during months of trading on its platform. Here i have some trading conditions or services that I don't like one hundred percent. But this is not a problem. As an example of perfectly working service, of course, I can name account depositing service. Unfortunately, I use it more often than I would like😅 I sometimes deposit my trading account to restore margin. I'm still learning how to trade and sometimes I lose money. This is normal because every day I gain more experience and lose less
2024-07-19
Reply
Sevre Nomeland
Over 3 years Standard Account Norway
There are a lot of account types available, and what i get from that is that the broker makes the platform suitable for different types of traders, and different account sizes as well. The accounts have different minimum deposits, and if you do not have a lot of capital to work with, theres no problem. I didn't start with a lot either, and I am consistently building it up. The fees and the spreads of the broker are kept really low which makes it even better for me to trade here.There is no education provided by the broker, and I find that annoying some times.
2024-07-18
Reply
Kevin Santacruz
0-6 months Brazil
So when you decide to depo, bank transfer may be a not best option to do so. I funded my account via this and it took couple of days while other options would be in an instant. It's prolly due to the bank in my city, but anyways it was a bit long. Next time Im gonna use Skrill.
2024-07-17
Reply
Pasqual Renderos
1-3 years Standard Account Spain
This is one broker that I have seen take regulations and licenses to a whole new level. The broker is regulated on almost all continents and has multiple regulations in some with some of the most reputable regulatory bodies, like the ASIC and CySEC.These licenses mean a lot because it makes it infinitely easier to trust the broker. With such a global presence, I expect that the broker also has a lot of clients too.But let us talk about what really matters to most traders... the trading conditions. The most talked about area of trading, especially among new traders is the spreads. They are very important and that is why all brokers work to make them as tight as possible... that is where the fiercest competition is between brokers.
2024-07-16
Reply
Valentin Madeira
Over 3 years Brazil
Almost all of my trading experience is related to this broker. About three years ago, I opened trading account with this company and still trade here. I can't say that I'm happy with everything that company offers me. But obviously this is a good place if you want to really trade on financial marekts.XS can offer:- several types of accounts to choose from- reliable trading platform- several ways to deposit account and withdraw money from it. I think that beginners who are looking for reliable broker will be interested in what XS has to offer.
2024-07-10
Reply
Juan Carlos Rojas
Over 3 years Mexico
I've been working with for several years or even more and should say that trading conditions are fine. The most important thing for me is that they fully align with my needs. I especially wanna note the simplicity of making payments here, regardless of what you need cash in or cash out. Their XS Mastercard is an innovative thing, even though, tbh, it was kinda tough to connect it:)
2024-07-10
Reply
Hao Ly
Over 3 years Vietnam
After trying different brokers over the years, its just not the same. None of them have mastercard integration even. Not to mention positive swaps for XAU and oils. One thing though, you have to go with Pro account, or better. And preferably on MT5 so you could trade futures and shares, if you would want. On elite acc you get comssions and no shares, so for me its not the best, despite the name.
2024-07-09
Reply
Orm Kvello
I have the same opinion as you. The Pro account seems the best fit for me. Initially, I was surprised to see that different accounts come with different market ranges, which is not a common thing with other brokers. Anyway, the Pro account is versatile and this is the one that I would recommend to others.
2024-07-10
Reply
Joao Padrao
Over 3 years Brazil
It's so good to be trading with a reputable and licensed broker. Yeah I added that because the regulations and security are as important as the trading conditions and financial assets. Why do I like this broker and why am I trading here/ Well it’s going to be because of its diverse currency pairs from majors to minors and even exotic and there are also different account types I can choose from so I am not restricted to just one account but can try the different accounts till I find my perfect match. Trading with XS has made me a better trader as I am able to understand market analysis and implement them perfectly into my trades. The minimum deposit is affordable and the trading conditions are favorable but most importantly it provides various methods for deposit and withdrawals. This makes all payments very convenient, safe, and I mean, what is the harm in providing alternatives> and also an excellent support system that the clients can rely on.
2024-07-03
Reply
Yeray Briones
Pretty much everything ! You like all the aspects of their services, and I Completely agree with you. XS is a reputable and safe brokerage, which is of utmost importance when choosing a broker to trade with. But that is only in the beginning, before or while you are making the decision to register an account with them. Once you do it, excellent customer service awaits you and an excellent payment system to make deposits and withdrawals.
2024-07-17
Reply
Sergio Eilertsen
7-12 months Norway
I’m still a new trader and don’t know how long it will take me to gain confidence and profitability to reach my goal of trading independently, but I am here to stay, trade, and get there one day. :)What I liked about XS in the beginning was that everything was simple for me, as a complete beginner to get around their platform. From registering an account, to choosing the trading app. I liked that they have the MT4 app, which is the one I had little experience with.What I like about XS now are their trading terms. I switched to the Pro acc and now trade with improved spreads.
2024-06-18
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