In light of the increasing numbers of people breaking into trading and the consequently growing demand for the respective platforms, traders can’t help but wonder whether one of the most raved-about services of the moment is as genuine as it appears. The battle between the “fake” and “real” labels is real and muttered everywhere the moment trading platforms are being discussed, be they among seasoned investors or newcomers. 

To shed light on one of the hottest apps of the moment and clear up any dilemma, scrutinizing XS.com is necessary in order to learn whether you should entrust your hard-earned money to it or not. The platform takes pride in catering to the preferences and needs of all types of investors, be they curious-minded rookies, experienced investors, or picky platform choosers, covering all sorts of trading options such as crypto, futures, shares, forex, indices, metals, and a few other options. But does it really hold true to its claims? This unyielding review of the XS platform aims to dissect every aspect determining the trading app provider’s reliability and hype-worthiness so you can invest confidently.

What makes XS relevant?

XS, AKA XS.com or XS Group, has risen to international prominence after taking the first steps in 2010 as a market broker for CFD trading in Australia. After establishing a solid foundation as a market maker, the company smoothly extended its services and targeted audience, consistently working on securing all the pillars leading to success, for everybody knows that attributes like advanced security feats, cutting-edge technology, compliance with the strictest regulations depending on the jurisdiction in question, etc. are non-negotiable for a future-oriented market player. For instance, the heavyweight uses last-minute security measures, encryption technology, and robust digital controls, among other protection-oriented tools. 

Said and done; now, XS’s position as a leading force in the FinTech sector is unshakeable. The market maker offers interested parties a number of opportunities to engage in financial services and assets trading, including the initial CFDs, plus forex, stocks, shares, commodities, cryptos, indices, metals, energy, and OTC futures like natural gas and crude oil. The wide range of tradeable assets catapults XS high in the ranks, for even if you’re interested in Tesla or Google stocks or in navigating BTC, ETH, and other cryptos, the platform has you completely supported.  

XS makes a few promises 

XS has worked through the ranks to become a global multi-asset trading provider and promises to prioritize transparency regarding what customers can expect from an experience on their platform. The mammoth stresses that it strives to make trading as easily digestible and secure as possible for investors from all walks of life, regardless of their experience. The company offers access to in-detail contract specifications for everything tradeable within its ecosystem to achieve its core goal. It gives insights into vital trading information and indices, including margins, spreads, trading hours, and so on. 

As the company’s contribution to the worldwide financial stage suggests, a dedicated team of developers is behind every public-facing initiative. XS has consistently been involved in the most notable events worldwide, including seminars, expos, conferences, ceremonies, and other activities. From the Traders Summit in Dubai this year, where XS was bestowed the “Best Multi-Asset Broker” award, to the Global Business Conclave in the UK, the broker leverages emerging opportunities to scale and improve clients’ experiences. The numerous awards received stand as proof.

This leads us to the following question: how do the broker’s offerings mirror all this preoccupation?  

A unique set of characteristics  

A few robust and exclusive features distinguish XS from the many brokers on the market, and they’re easily recognizable from the first interaction with the app. The platform shines above other apps with its user-friendly and intuitive interface, simplifying everything from the account registration process to asset exchange and money withdrawal. 

The access users get to live market data, and the latest news is on point, which makes staying up-to-date a breeze. Without being aware, you’ll be informed about up-to-the-minute changes, developments, and trends in the overcrowded financial market, locally or globally. Knowledge is the successful trader’s ace up the sleeve, for it is vital in making informed decisions when determining the time to buy, exchange, or sell any asset.

Moreover, the app has many tech analysis tools, ranging from moving averages to trend lines. This toolkit helps registered members asses price fluctuations and spot profitable entry or exit points.

Have you ever oscillated between executing a market order, a stop-loss order, and so on? XS studied this need in traders and made executing more trades possible for a smooth and flawless trading experience. 

Safe and rapid registration

Registering with the app presumes a few steps: filling in the blank boxes with your name, e-mail, phone number, and other data. Moving on, you’ll need an identifier like your passport or driving license for identification—similar to how every other reputable institution asks clients to register them. 

Users quickly see what secures XS’ competitive advantage regarding the UX: the easily and deeply customizable experience. For instance, you can customize your workspace by organizing indicators, charts, live quotes, and other sector-specific interests. 

Such a commitment ensures traders can adjust the platform’s offerings depending on their needs, which suits everyone who has or is looking to create their own trading strategy for better-winning odds.

Compliance with regulations

Both XS.com and XS represent trademarks of XS Group, the multinational Fintech and financial service supplier reviewed. Legality should be one of the main criteria every responsible trader assesses, which is why mentioning XS’s status is essential. 

Several potent financial authorities scrutinize XS’s activity to ensure a mutually agreeable collaboration, examples making: 

• The Financial Services Authority of Seychelles (FSA) overseeing XS Ltd’s activity in the country in question
• The Australian Securities and Investments Commission (ASIC) controlling XS Prime Ltd
• The Cyprus Securities and Exchange Commission (CySEC) supervising XS Markets Ltd
• The Labuan Financial Services Authority (LFSA) monitoring XS Finance Ltd
• The South African Financial Sector Conduct Authority (FSCA) overseeing XS ZA (Pty) Ltd. 

Users are ensured that XS follows stringent guidelines that pave the path to a safe and secure trading experience, underlining the broker’s liability to guarantee integrity and transparency.

More account types 

More types of accounts set XS apart from other brokers, including: 

• The cent account, a commonly preferred selection for starters who are wary of risks 
• The standard account, suiting both seasoned and rookie traders thanks to its top-notch UX and access to multiple assets, among others 
• The micro account, upvoted by those looking to remain humble and trade small amounts
• The elite account, ideal for versed traders seeking to leverage slashed trading fees in exchange for raw trades
• The pro account, developed for those wanting decreased spreads with no commissions and direct market access
• The VIP account, designed to enable experts to leverage premium features like raw spreads and personalized trading conditions
• The Classic and Extra accounts, each fitting its own trader category. 

Encountering issues? XS takes pride in being prompt with solutions.

Regardless of how easy XS makes trading, queries, issues, concerns, and the like naturally arise. XS stands out in the market by offering prompt and responsive customer support in multiple languages, ensuring users from all around the globe that communication isn’t a barrier in their journey.