Skip to content
Broker news. Connected. RSS feed
FXBROKERS

A clearer view of the broker industry.

Broker directoryForex & CFD

XS: accounts, trading costs, platforms and client protections

XS global and Cyprus account choices, representative FX/gold/oil costs, margin models, funding controls, copy and PAMM services, reward cash, and the limits of current insurance and inactivity evidence.

By FXBrokers.ai ResearchOperating status: ActiveSources checked Published Updated
Profile scope

The global profile centres on XS Ltd legal documents. Group-disclosed licences are labelled not_verified unless a current individual authority entry was recovered. Insurance, inactivity and Cyprus account-page differences are retained explicitly.

  • Global Standard, Pro, Elite, VIP, Cent and Micro have different minima, products and margin controls. Cyprus Standard/RAW terms are separate.
  • Dated public EUR/USD inputs illustrate USD 12 Standard and USD 8 Pro/Elite per 100,000 EUR round trip, before financing, slippage and other costs.
  • The published USD 5m insurance limit is shared and aggregate; the linked certificate ended on 9 October 2026 and a current renewal was not established.
  • The client agreement reserves an inactivity fee while the FAQ describes no fee and a separate read-only rule. Copy cancellation does not establish closure of existing copied positions.

Accounts & headline costs

Sections ↑
Account comparison01

Account and service routes at a glance

Account and service routes at a glance
Account / serviceContract and customer scopePlatform and principal condition
StandardXS Ltd — Global XS Ltd route; country eligibility applies; retail clientsMetaTrader 4 / MetaTrader 5. Global public specification; prior-trading-day average, not independently measured. Full round-turn commission is charged at opening. Financing and slippage excluded.Source 75Source 12Source 3
ProXS Ltd — Global XS Ltd route; country eligibility applies; retail clientsMetaTrader 4 / MetaTrader 5. Global public specification; prior-trading-day average, not independently measured. Full round-turn commission is charged at opening. Financing and slippage excluded.Source 78Source 15Source 3
EliteXS Ltd — Global XS Ltd route; country eligibility applies; retail clientsMetaTrader 4 / MetaTrader 5. Global public specification; prior-trading-day average, not independently measured. Full round-turn commission is charged at opening. Financing and slippage excluded.Source 81Source 16Source 3

XS offers leveraged FX and other CFDs through several regional companies. This profile separates the global XS.com offer, whose reviewed legal documents name XS Ltd in Seychelles, from the Cyprus XS Markets offer. Account names, leverage, funding and protection change with the actual contracting company.[3]

Checked 11 October 2026. Three material distinctions affect the global offer: its published insurance certificate has passed its stated end date; the agreement and help centre describe different inactivity rules; and a VIP trading account is separate from the volume-based VIP rewards programme.[9][58][33]

Account comparison02

Global core accounts

Global core accounts
FeatureStandardProEliteVIP trading account
Account minimumNone specifiedUSD 500USD 500USD 100,000Source 12Source 15Source 16Source 17
EUR/USD account-card average1.1 pips0.7 pips0.1 pips0.1 pipsSource 12Source 15Source 16Source 17
CommissionNoneNoneUSD 6 round turn / lotCustom; obtain rateSource 12Source 15Source 16Source 17
PlatformMT4 / MT5MT4 / MT5MT4 / MT5MT5Source 12Source 15Source 16Source 17
Base currenciesUSD, EUR, JPYUSD, EUR, JPYUSD, EUR, JPYUSD, EUR, JPYSource 12Source 15Source 16Source 17
Account comparison03

Cent and Micro: economic size and account controls

Cent and Micro: economic size and account controls
FeatureCentMicro
Platform / currencyMT5 / USC (US cents)MT5 / USDSource 13Source 14
Published minimum fundingNo account minimumNo account minimumSource 13Source 14
Minimum order0.01 cent lot0.1 micro lotSource 13Source 14
Contract conventionSite labels standard cent size as 100,000 USC; confirm underlying base unitsSite labels micro size as 1,000; confirm instrument unitsSource 13Source 14
Product menuForex and metalsForex, metals, energy and indicesSource 13Source 14
Margin call / stop-out40% / 10%40% / 10%Source 13Source 14
Order limits500 open and 500 pending; 1,000 combined500 open and 500 pending; 1,000 combinedSource 13Source 14
Account comparison04

Partner-associated account pricing

Partner-associated account pricing
FeatureClassicExtraPlus
EUR/USD account-card average1.6 pips2.1 pips0.1 pipsSource 18Source 19Source 20
CommissionNoneNoneUSD 10 / 15 / 20 round turn per lotSource 18Source 19Source 20
Account minimum / platformNone / MT4 and MT5None / MT4 and MT5None / MT4 and MT5Source 18Source 19Source 20
Account comparison05

Opening, practice and account changes

Opening, practice and account changes
AreaPublished position
Individual verificationValid colour identity document and full-page proof of residence; all edges visible. The FAQ’s three-month wording is broad: obtain the accepted document checklist.Source 54
Processing estimateThe help centre quotes 2–5 minutes after correctly supplied documents; additional review can affect actual onboarding.Source 55
Other ownership typesCorporate and joint accounts are offered; their documentation and authority rules require the specific application.Source 53
Changing account type or currencyExisting type/base currency cannot be edited; create another trading account. No automatic transfer of open trades is established.Source 56
Demo choiceStandard, Pro and Elite list demo access; Cent, Micro and VIP do not list a demo option.Source 12Source 15Source 16Source 13Source 14Source 17
Demo expirationAfter 90 inactive days a demo is archived and cannot be reactivated; a new demo can be created.Source 57
Separate Cyprus retail offer
Account comparison06

XS Markets Ltd: detailed account page

XS Markets Ltd: detailed account page
FeatureStandardRAW
Minimum depositEUR 200EUR 500Source 38
Published spread floor0.7 pips0.0 pipsSource 38
CommissionZeroFrom USD 3 per lot per sideSource 38
Platform / currencyMT5, web and mobile / EURMT5, web and mobile / EURSource 38
Minimum order / retail leverage0.01 lot / up to 1:300.01 lot / up to 1:30Source 38
Swap-free availabilityListed; eligibility and instrument rules applyListed; eligibility and instrument rules applySource 38

View full spreads & trading costs

Products & platforms

Sections ↑
Reference table07

Global markets and what the client holds

Global markets and what the client holds
MarketProduct and important boundary
ForexLeveraged FX CFDs covering major, minor and exotic pairs; no deliverable-currency account established.Source 46
MetalsGold and silver, plus platinum and palladium; quote currencies and lot units differ.Source 47
EnergyUSOIL (WTI), UKOIL (Brent) and NGAS CFDs; the benchmark is part of the specification.Source 48
IndicesUS, European and Asian stock-index CFDs, including US30, US100 and US500.Source 49
SharesUS, European and Hong Kong share CFDs; derivative exposure does not establish share custody or voting rights.Source 50
CryptoCrypto CFDs including BTC and ETH; not an on-chain coin wallet or transfer service.Source 51
FuturesOTC CFDs on futures, including oil, gas, gold and indices; not direct exchange-traded futures ownership.Source 52
Platforms & products08

Account and platform product restrictions

Account and platform product restrictions
ScopePublished menu
Standard / ProMT4: FX, metals, crypto, energy, indices. MT5 adds futures and shares.Source 12Source 15
EliteMT4 core CFD markets; MT5 also lists futures. Shares are absent from this individual account’s product list.Source 16
VIP trading accountMT5 lists all seven asset categories.Source 17
Classic / Extra / PlusFX, metals, crypto, energy, indices and futures; do not add shares to the published list.Source 18Source 19Source 20
Copy Standard / Copy ProOverview tables show MT5 and forex plus gold/silver. Detailed account links were unavailable when checked.Source 21Source 22
Platforms & products09

Trading interfaces and tools

Trading interfaces and tools
PlatformDocumented access and functions
MetaTrader 4Windows, macOS, web, iOS and Android; charts, Expert Advisors and one-click trading.Source 28
MetaTrader 5Desktop, browser and mobile; market depth, hedging, economic calendar and automated trading tools.Source 29
XS Trading AppAndroid / iOS access combines trading, account management, funding and transaction history.Source 30
Automation boundaryAn EA’s availability in a platform does not override execution restrictions or guarantee server-side hosting. No specific free VPS entitlement is established here.Source 6

Fees & holding costs

Sections ↑

The following specification values are the broker’s published previous-trading-day averages, retrieved on 11 October 2026 from its public grid; the data rows were updated on 9 October. They are not a live execution test. A spread-plus-commission illustration assumes unchanged prices and excludes financing, slippage, conversion and payment costs.[46]

Pricing & charges10

Representative FX grid: pips and published commission

Representative FX grid: pips and published commission
AccountEUR/USDUSD/JPYGBP/USDCommission per standard lot, round turn
Standard1.2 pips1.6 pips1.3 pipsUSD 0Source 75
Pro0.8 pips1.2 pips0.9 pipsUSD 0Source 78
Elite0.2 pips0.59 pips0.3 pipsUSD 6Source 81
Pricing & charges11

Calculated EUR/USD round trip: 100,000 EUR position

Calculated EUR/USD round trip: 100,000 EUR position
AccountOne spread componentRound-trip commissionIllustrative total
Standard1.2 × 0.0001 × 100,000 = USD 12USD 0USD 12Source 75
Pro0.8 × 0.0001 × 100,000 = USD 8USD 0USD 8Source 78
Elite0.2 × 0.0001 × 100,000 = USD 2USD 6USD 8Source 81
Pricing & charges12

Gold: the broker’s USD spread-cost column avoids ambiguous metal pips

Gold: the broker’s USD spread-cost column avoids ambiguous metal pips
Account / symbolContract size shownPublished spread cost per lotCommission / illustrated total
Standard / XAUUSDs100 ouncesUSD 19USD 0 / USD 19Source 76
Pro / XAUUSDp100 ouncesUSD 15USD 0 / USD 15Source 79
Elite / XAUUSD100 ouncesUSD 8.60USD 6 / USD 14.60Source 82
Pricing & charges13

WTI cash CFD reference: USOIL account variants

WTI cash CFD reference: USOIL account variants
AccountContract size shownPublished USD spread cost per lotCommission / illustrated total
Standard / USOILs1,000 barrelsUSD 41USD 0 / USD 41Source 77
Pro / USOILp1,000 barrelsUSD 37USD 0 / USD 37Source 80
Elite / USOIL1,000 barrelsUSD 31USD 6 / USD 37Source 83
Pricing & charges14

Holding charges and cash adjustments

Holding charges and cash adjustments
ItemPublished treatment
FX and metals swapsLong and short rates differ; server rollover is 23:59 and Wednesday normally carries triple financing. Current rates must be taken from the account specification.Source 46Source 47
Energy financingFriday normally carries triple swap. USOIL, UKOIL and NGAS have different rates and schedules.Source 48
SharesDividend and borrowing adjustments can debit or credit the account; long/short treatment and ex-dividend timing matter.Source 74
CryptoThe crypto page describes weekend trading, financing excluding weekends and a Friday triple adjustment. Confirm the current instrument schedule.Source 51
Commission timingThe complete round-turn commission is debited at position opening for the published commission accounts.Source 16
Currency conversionThe help centre says XS applies no conversion fee; a complete exchange-rate spread/quotation methodology was not published there.Source 67
Pricing & charges15

Swap-free: eligibility, grace periods and exceptions

Swap-free: eligibility, grace periods and exceptions
AreaPublished rule
EligibilityAutomatic in selected Muslim countries; special arrangements also exist in selected other regions.Source 25
Illustrative grace windowsEUR/USD and GBP/USD: 10 days; USD/JPY: 2; XAUUSD: 5; cash oil: 2.Source 25
Triple-charge exceptionsSome silver/metals and oil/index rows retain Wednesday or Friday triple charging despite the grace window.Source 25
Shares and cryptoShares have no grace period; the crypto notes say three days but its table says two.Source 25
Withdrawal of benefitThe broker can change or withdraw eligibility and recover charges/profits for alleged abusive use, including specified hedging.Source 25
Pricing & charges16

Inactivity charges, restricted access and account closure

Inactivity charges, restricted access and account closure
RuleTrigger and consequence
Contractual fee reservationJune 2026 agreement: one year without funding/trading activity permits an annual USD 50-equivalent charge; a smaller balance may be taken in full and the account archived.Source 5
Help-centre operational ruleFAQ says no inactivity fees; one inactive month with balance below USD 1 moves the account to read-only mode.Source 58
Conflict retainedThe public sources do not explain when the fee reservation overrides the FAQ or how a read-only account is reactivated.Source 58
Voluntary closureRequest closure using the registered email address; withdraw all funds first. Closure is separate from an inactivity charge.Source 59Source 60
Programme inactivityTrading Miles tier demotion after 20 inactive days affects loyalty benefits, not the account’s deactivation timer.Source 32

Trading rules & execution

Sections ↑
Reference table17

Margin, position size and leverage models

Margin, position size and leverage models
ItemPublished rule
Core Standard / Pro / Elite minimum0.01 standard lot. Margin call 40%; stop-out 20%.Source 12Source 15Source 16
Contractual liquidationAgreement §9.5 permits discretionary closure below 100%; automatic thresholds: ≤50% certain VIP, 10% Cent, 20% others. Micro’s advertised 10% differs.Source 5
Equity-based accountsMT5 account names ending EQ; leverage depends on account equity and instrument group.Source 26
Lot-based accountsMT4 / MT5, excluding specified Cent/Micro variants; the instrument’s net open volume determines progressive tiers.Source 27
Headline ceilingsThe lot-based summary lists FX majors/gold up to 1:2000, oil/major indices up to 1:500, FX exotics up to 1:200. These are ceilings, not every position’s rate.Source 27
Hedged marginCore account cards advertise zero hedged margin. Releasing one side can create a new margin requirement.Source 12Source 26
Reference table18

MT5 EQ example: major/minor FX in the published USD-equity band table

MT5 EQ example: major/minor FX in the published USD-equity band table
Equity bandMaximum leverage
0–3,0001:2000Source 26
3,001–6,0001:1000Source 26
6,001–20,0001:500Source 26
20,001–40,0001:400Source 26
40,001–100,0001:200Source 26
100,001 and above1:100Source 26
Reference table19

Higher-margin periods and exit mechanics

Higher-margin periods and exit mechanics
SituationPublished consequence
Major economic newsEQ page: 15 minutes before until 5 minutes after the relevant release.Source 26
Weekend reopening / closingEQ page: two hours before Friday close and one hour after the instrument’s Monday open; holiday changes can apply.Source 26
Which trades changeNew trades during the window face the higher margin; previously opened positions retain their earlier requirement. Closing one hedged leg may fail if the residual position lacks margin.Source 26
Reference table20

Execution and order behaviour

Execution and order behaviour
AreaDocumented treatment
CounterpartyExecution policy describes XS Ltd as principal. Do not translate an account label into a universal agency-only execution promise.Source 6
OrdersMarket orders; buy/sell limits and stops; stop-loss and take-profit. Execution can slip and large/unusual orders can require manual handling.Source 6
Stop triggersLong stop-loss/take-profit use Bid; short positions use Ask. A chart may show a different quote side.Source 6
Trailing stopRuns in the client terminal and stops updating when that terminal is offline; ordinary stop-loss/take-profit are server-side.Source 6
Reference table21

Platform outage: the published dealing procedure

Platform outage: the published dealing procedure
StepXS Ltd agreement instruction
Send the instructionEmail [email protected] from the registered email address.Source 5
Know when it is acceptedSending alone is not execution: it becomes binding only when recorded as executed and confirmed. Trading hours apply.Source 5
Identity / delay / disputeUnclear or unauthenticated instructions may be refused; first-come processing can delay execution. Raise a wrong or missing confirmation within ten business days.Source 5
Connection troubleshootingCheck the correct account, password and server; restart/update the terminal as directed by the help centre.Source 73
Reference table22

Trading hours and server-time conventions

Trading hours and server-time conventions
MarketIllustrative regular schedule
FXMonday 00:05 to Friday 23:55, server time; exceptional closures can supersede this.Source 46
Gold / silverMonday 01:05 to Friday 23:55; daily midnight maintenance break.Source 47
US30 / US100 / US50001:00–23:59 with the midnight break; other indices have different sessions.Source 49
CryptoGenerally 24/7 subject to server maintenance and instrument availability.Source 51
Time basisThe product schedules use server GMT+2 / GMT+3 according to daylight saving. Check the current holiday notice.Source 52

Deposits, withdrawals & cash

Sections ↑
Reference table23

Global deposits: published method limits

Global deposits: published method limits
MethodMinimum / maximumPublished timingCurrencies
Bank transferUSD 300 / unlimited1–7 working daysUSD, EUR, GBPSource 23
Visa / MastercardUSD 20 / USD 25,000InstantUSD, EUR, GBPSource 23
SkrillUSD 15 / USD 15,000 equivalentInstantUSD, EUR, GBPSource 23
NetellerUSD 15 / USD 15,000 equivalentInstantUSD, EUR, GBPSource 23
Reference table24

Global withdrawals: published method limits

Global withdrawals: published method limits
MethodMinimum / maximumPublished timingScope
Bank transferUSD 250 / unlimited1–7 working daysUSD, EUR, GBPSource 24
Visa / MastercardUSD 5 / USD 25,0007–10 working daysUSD, EUR, GBPSource 24
SkrillUSD 50 / USD 15,000 equivalentOne business dayUSD, EUR, GBPSource 24
NetellerUSD 15 / USD 2,500 equivalentInstantUSD, EUR, GBPSource 24
Reference table25

Funding fees and practical withdrawal controls

Funding fees and practical withdrawal controls
IssuePublished treatment
Ordinary broker feeNormal deposits/withdrawals are advertised without an internal fee; banks, conversion and other third parties can still charge.Source 23
No-trading withdrawalsFunding page reserves up to 3%. Agreement clause 19.9 specifies 3% of deposited funds where cash moves without, or below its discretionary threshold of, trading.Source 5
ChargebacksAgreement §19.10: USD 50-equivalent administration, plus unsuccessful-chargeback amounts and provider charges.Source 5
Deposit ownership / return routeThird-party deposits are prohibited; withdrawals must return through the original method.Source 63Source 62
Open positionsWithdrawal is possible only with sufficient free margin. A positive balance is not the same as withdrawable free cash.Source 61
Processing versus receiptFAQ quotes normal processing within 24 hours and says weekend requests are processed; the method’s settlement timetable remains separate.Source 64Source 65
Cancel before completionPending requests can be cancelled through Funds → Transaction History.Source 66
Withdrawable rewards and programme credit
Reference table26

Trading Miles: points become cash only after approval

Trading Miles: points become cash only after approval
FieldDocumented distinction
Qualifying accounts / marketsSelected Standard, Classic, Extra, Plus, Pro and Elite accounts; FX, metals, oil and BTC.Source 31
Qualifying tradeMain rules require a trade held longer than two minutes; earn rates depend on account and tier.Source 31
Points versus cashMiles are programme points until redeemed; approved rewards are credited as withdrawable cash to the wallet.Source 31
Review / conversionPublished review target: five working days. A universal cash conversion ratio and minimum redemption were not established.Source 31
Expiry / termination consequenceProgramme termination can occur on five working days’ notice, with unredeemed points forfeited.Source 32
Reference table27

VIP rewards programme is separate from the VIP trading account

VIP rewards programme is separate from the VIP trading account
AreaPublished rule and limit
QualificationSince Q3 2025, quarterly traded-volume tiers of USD 45m, 75m, 150m, 450m and 750m correspond to three through seven stars.Source 33
Deposit distinctionThe rewards programme has no deposit qualification; the VIP trading account separately lists USD 100,000 minimum funding.Source 33
Counting / reassessmentProgramme terms count opening and/or closing volume within the quarter and reassess quarterly.Source 34
Cash conflictThe website discusses cash rewards, while clause 13 says benefits are not redeemable for cash. Treat a particular reward as withdrawable only under its accepted campaign terms.Source 34
Separate Cyprus payment schedule
Reference table28

XS Markets Cyprus: examples from its funding page

XS Markets Cyprus: examples from its funding page
MethodDepositWithdrawal
BankFrom EUR 200; one business day listedFrom EUR 200; 3–4 business days listedSource 40
CardsEUR 15/USD 15 to 5,000 equivalentEUR 25 to 5,000 equivalent; one business daySource 40
Skrill / NetellerEUR 10 to 15,000 equivalentSkrill EUR 25; Neteller EUR 50; up to 15,000 equivalentSource 40
MifinityEUR 15 to 2,500 equivalentEUR 15 to 2,500 equivalent; one business daySource 40
Fee and timing qualificationsNo usual broker fee; providers may chargeUp to 3% without trading; notes also allow 3–7 days for funds to reflectSource 40

Regulation & client protection

Sections ↑
Reference table29

Regional permissions and their practical scope

Regional permissions and their practical scope
RouteWhat the evidence establishes
Global SeychellesThe main global legal-document route names XS Ltd in Seychelles. Retain that entity’s accepted account terms.Source 3
CyprusCurrent CySEC firm entry identifies XS Markets and its approved xsmarkets.com domain.Source 11
Australia, Labuan, South Africa, MauritiusGroup-disclosed authorisations; current individual register permission extracts were not recovered in this review.Source 2
UAEThe current group regulation page names XS COM Financial Consultation L.L.C. This company-published financial-consultation identity does not establish that it issues the global CFD account.Source 2
Reference table30

Client money and balance protection

Client money and balance protection
ProtectionScope and practical limit
SegregationThe group describes client funds held apart from company funds. It does not establish a universal deposit-insurance entitlement.Source 44
Negative balance protectionXS Ltd’s June 2026 agreement protects against losses beyond invested capital, subject to its abuse provisions.Source 5
Cyprus ICFThe Cyprus FAQ describes eligible compensation as the lower of 90% of cumulative covered claims or EUR 20,000. Eligibility conditions apply to XS Markets clients.Source 41
Regional boundaryCySEC compensation and EU retail leverage limits are not extended to a Seychelles, Mauritius or other group account merely because the brand is shared.Source 39
Reference table31

Insurance: limit structure and current evidence

Insurance: limit structure and current evidence
QuestionCertificate finding
Who is named?XS Ltd; cover is shared with other affiliated entities.Source 9
Per client or aggregate?USD 5m for any one claim AND the aggregate, including defence costs/expenses; not USD 5m independently available to every client.Source 9
Published policy period10 October 2025–9 October 2026 inclusive. It had ended at the original 11 October check and at the targeted recheck on 15 October 2026.Source 9
Current cover established?The official insurance page still linked that certificate on 15 October. No renewal certificate was established; this does not prove that insurance was not renewed.Source 9Source 8
Document statusInsurance-broker confirmation names certain Lloyd’s underwriters; evidence of insurance confers no rights and is subject to the full policy.Source 9
Landing-page scopeCivil-liability claims from error, omission, negligence, fraud or service failure; advertised above USD 10,000, up to USD 5m. Ordinary trading losses are not established as covered.Source 8
Reference table32

Account access and records

Account access and records
FacilityDocumented control
Two-factor authenticationClient portal → Profile → Two-Factor Authentication → enable Google Authenticator and confirm its code.Source 72
Security scopeWebsite statements describe account/data safeguards; they are company claims, not an independent penetration test or custody audit.Source 45
Preserve the agreed termsSave the contracting entity, fee schedule and transaction confirmations associated with the opened account. Public brand pages can describe other regional companies.Source 3

Support, dealing & complaints

Sections ↑

Verified public contact routes

Customer supportEmail
[email protected]Source 37Source 58

Scope General XS.com assistance; not a substitute for the contractual dealing route

Hours Help centre advertises 24/5

Published Seychelles telephoneTelephone
+248 432 3314Source 37

Scope Company contact; emergency order acceptance by phone not established

Outage dealingEmail
[email protected]Source 5

Scope XS Ltd; use registered email and await execution confirmation

Formal complaintEmail
[email protected]Source 7

Scope XS Ltd compliance; account details and evidence required

Seychelles FSA complaint routeWebsite
https://fsaseychelles.sc/complaint-handlingSource 7

Scope External escalation identified in XS Ltd complaints policy

Cyprus contactWebsite
https://www.xsmarkets.com/contact/Source 39

Scope Separate XS Markets Ltd service

Reference table33

XS Ltd complaint handling

XS Ltd complaint handling
StagePublished timeframe / action
SubmissionUse the policy’s complaint form with identity, account number, contact details, description and supporting records.Source 7
AcknowledgementWithin two business days; reference and handler details supplied.Source 7
ResponseTarget 21 business days; a holding response explains delay. Grossly complicated cases may extend to 90 business days.Source 7
After final responseClient has eight weeks to respond; silence is treated as resolution. Unsatisfied clients may refer to the competent authority.Source 7

Additional services & account tools

Sections ↑
Reference table34

Copy trading: entry, disconnection and responsibility

Copy trading: entry, disconnection and responsibility
AreaPublished position
Join a providerAn invitation from the trader or fund manager is required.Source 68
Stop copyingClient portal → Copy Trading → My Subscription → Unsubscribe; the subscription ends immediately and new copying stops.Source 69
Positions already copiedThe cancellation FAQ does not establish automatic closure, ownership of later stop amendments, pending-order handling or who manages residual exposure after disconnection.Source 69
FeesThe fee FAQ links general pricing; it does not establish a universal provider-performance fee or the settlement fee when leaving.Source 71
Outcome riskFollowing a provider can lose money; its historical results do not guarantee a follower’s execution or returns.Source 70
Reference table35

PAMM allocation service

PAMM allocation service
RoleWhat is offered
InvestorChoose a manager’s offer; capital allocation and results are proportional to participation.Source 35
ManagerCreate an offer, set minimum participation and fees; reporting and fee collection are automated.Source 35
Control boundaryThe page states that neither XS nor PAMM traders provide managed discretionary account services and that following decisions are treated as the client’s.Source 35
Exit detailsNo complete public withdrawal cut-off, crystallisation method or residual-position procedure was established; obtain the specific offer and terms.Source 35
Reference table36

Payment card and institutional services

Payment card and institutional services
ServicePublished capability and limitation
XS prepaid MastercardUSD card, XS Card app, wallet transfers, purchases and ATM withdrawals in supported countries. Full issuer, FX/ATM fees and limits need the accepted card schedule.Source 36
Institutional liquidityMulti-asset liquidity and connectivity for brokers and professional counterparties; commercial terms are negotiated.Source 42
White labelTrading platform, account infrastructure and support described for business clients; no public universal setup price or minimum commitment established.Source 43

Company, entities & brand history

Sections ↑
Reference table37

Identity and routing

Identity and routing
ItemDocumented distinction
HistoryXS describes Australian origins in 2010. This is group history, not the incorporation date of each current subsidiary.Source 4
Cyprus former nameCySEC identifies XS Markets Ltd as formerly RockFrost Ltd. A former name is not evidence of a new client-account transfer.Source 11
Other global companiesFooter also names Saint Lucia and St Vincent entities, a technology company and a payment agent. Incorporation and payment processing are different from brokerage authorisation.Source 1
Global restrictionsXS.com states the global material is not directed at the US, EU, Australia or Japan; other restricted-country language also applies. Local group sites have separate eligibility.Source 3
Cyprus geographic scopeEEA-focused offer excludes France/Belgium; the site also excludes US, Canada and UK residents and retail residents of Italy.Source 39
Reference table38

Entity or brand migration: what is established

Entity or brand migration: what is established
IssueCurrent evidence
Account replacementChanging type/currency requires a new account; the FAQ does not say balances and positions automatically migrate.Source 56
Cyprus legal-name historyThe regulator confirms the former company name, but the current account page/homepage differ over RAW/Premium naming.Source 11Source 38
Client transfer consequencesNo specific current migration notice establishing consent, cash/position transfer, fee continuity, complaint responsibility or protection continuity was found in the reviewed legal hub.Source 3
Headquarters
Multi-entity group; main global legal-document scope is Seychelles
Founded
2010, group-published history
The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

XS Ltd

SeychellesSource 3

Licences and regulatory records for XS Ltd
Issuer & identifierRecorded statusDate & scope
Financial Services AuthoritySD089AuthorisedChecked 11 Oct 2026Current FSA entry names the dealer; licence number is company-published.Source 10Source 3

XS Markets Ltd

CyprusSource 11

Licences and regulatory records for XS Markets Ltd
Issuer & identifierRecorded statusDate & scope
Cyprus Securities and Exchange Commission412/22AuthorisedChecked 11 Oct 2026Source 11

XS Prime Ltd

AustraliaSource 2

Licences and regulatory records for XS Prime Ltd
Issuer & identifierRecorded statusDate & scope
Australian Securities and Investments Commission374409Not verifiedChecked 11 Oct 2026Source 2

XS Finance Ltd

Labuan, MalaysiaSource 2

Licences and regulatory records for XS Finance Ltd
Issuer & identifierRecorded statusDate & scope
Labuan Financial Services AuthorityMB/21/0081Not verifiedChecked 11 Oct 2026Source 2

XS ZA (Pty) Ltd

South AfricaSource 2

Licences and regulatory records for XS ZA (Pty) Ltd
Issuer & identifierRecorded statusDate & scope
Financial Sector Conduct Authority53199Not verifiedChecked 11 Oct 2026Source 2

XS Trade Services Ltd

MauritiusSource 2

Licences and regulatory records for XS Trade Services Ltd
Issuer & identifierRecorded statusDate & scope
Financial Services CommissionGB25204786Not verifiedChecked 11 Oct 2026Source 2

XS COM Financial Consultation L.L.C

United Arab EmiratesSource 2

Licences and regulatory records for XS COM Financial Consultation L.L.C
Issuer & identifierRecorded statusDate & scope
Capital Market Authority20200000339Not verifiedChecked 15 Oct 2026Current group regulation page names XS COM Financial Consultation L.L.C and prints 20200000339; a shorter number appears in the footer. Current individual authority-register permission was not verified.Source 2

Additional detail & source notes

Sections ↑
Reference table39

Material unresolved points for the actual account

Material unresolved points for the actual account
QuestionWhy it matters
Which account specification applies?Account-card averages and dated grid averages differ; use the contracted type, suffix and server specification.Source 75
Which inactivity rule is applied?The annual-fee reservation and one-month read-only FAQ need written clarification for the actual entity/account.Source 58
Who manages copies after unsubscribe?Immediate cancellation of copying does not establish automatic liquidation or the handling of remaining orders.Source 69
Which Cyprus account is open?Homepage Premium/MT4 language differs from the detailed RAW/MT5 page; preserve the selected account’s current terms.Source 39

Research used public broker pages, linked terms, the public specification-grid data and current regulator entries. No account was opened, funded, traded or used to test execution, customer support, withdrawal performance or insurance claims. Numerical examples are arithmetic using stated inputs, not price or service ratings.

Follow the evidence

Sources & further reading

  1. Company history and brand identity XS · Accessed 11 Oct 2026
  2. XS Ltd order execution policy XS · Accessed 11 Oct 2026
  3. Seychelles FSA: current XS LTD securities-dealer entry Financial Services Authority, Seychelles · Accessed 11 Oct 2026
  4. CySEC: XS Markets Ltd, 412/22, formerly RockFrost Ltd Cyprus Securities and Exchange Commission · Accessed 11 Oct 2026
  5. Global Standard account XS · Accessed 11 Oct 2026
  6. Global Cent account XS · Accessed 11 Oct 2026
  7. Global Micro account XS · Accessed 11 Oct 2026
  8. Global Pro account XS · Accessed 11 Oct 2026
  9. Global Elite account XS · Accessed 11 Oct 2026
  10. Global VIP trading account XS · Accessed 11 Oct 2026
  11. Partner-associated Classic account XS · Accessed 11 Oct 2026
  12. Partner-associated Extra account XS · Accessed 11 Oct 2026
  13. Partner-associated Plus account XS · Accessed 11 Oct 2026
  14. MetaTrader 4 access and tools XS · Accessed 11 Oct 2026
  15. MetaTrader 5 access and tools XS · Accessed 11 Oct 2026
  16. XS Trading App XS · Accessed 11 Oct 2026
  17. Trading Miles terms, June 2025 XS · Accessed 11 Oct 2026
  18. XS prepaid Mastercard service XS · Accessed 11 Oct 2026
  19. Official contact details XS · Accessed 11 Oct 2026
  20. Institutional liquidity services XS · Accessed 11 Oct 2026
  21. Institutional white-label service XS · Accessed 11 Oct 2026
  22. Demo inactivity and archiving XS · Accessed 11 Oct 2026
  23. Account closure request procedure XS · Accessed 11 Oct 2026
  24. Withdrawal with open positions XS · Accessed 11 Oct 2026
  25. Return-to-source withdrawal rule XS · Accessed 11 Oct 2026
  26. Third-party deposit prohibition XS · Accessed 11 Oct 2026
  27. Weekend withdrawal processing XS · Accessed 11 Oct 2026
  28. Cancelling a pending withdrawal XS · Accessed 11 Oct 2026
  29. Currency-conversion fee statement XS · Accessed 11 Oct 2026
  30. Copy trading requires an invitation XS · Accessed 11 Oct 2026
  31. Copy-trading risk explanation XS · Accessed 11 Oct 2026
  32. Copy-trading fee FAQ XS · Accessed 11 Oct 2026
  33. Google Authenticator setup XS · Accessed 11 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

Report an error or submit an update