Trading platforms connect users with different market structures, supporting safe navigation, efficient execution, and trade management. Considering how important these players are on the market, reviewing trading platforms is subject to strict criteria in research amenities, range of offerings, and trading technology.
So, today, we’ll review an established brand on the market, the XS platform that provides customers with opportunities for FX, shares, and energy trading. Since 2010, the XS Group has evolved into providing top-notch customer service, a platform of educational material for traders, and expansion to global markets.
Let’s see what the business offers traders.
XS.com History Review
The XS Group established the Australian global multi-asset broker in 2010. Their mission focuses on providing traders with the expertise and tools necessary in the dynamic trading world. Following the dedication of XS.com experts to understanding the complex trading market through analysis and risk management, traders access everything needed to improve their trades.
XS.com devised its core values of excellence, integrity, innovation, and creativity. This is why the brand achieved regulations worldwide, with numerous entities being able to operate under trademarks. For instance, XS Prime Ltd operates under Australian laws and is regulated by the Australian Securities and Investments Commission (ASIC). On the other hand, the XS Markets Ltd brand is authorized by the Cyprus Securities and Exchange Commission (CySEC), and every other entity is part of a legal framework.
XS.com Offerings Review
The multi-asset broker offers international offerings in:
- Shares (US, EU, UK, HK);
- Indices (NASDAQ, S&P 500, Deutscher Aktien Index)
- Metals (gold, silver, platinum, palladium)
- Futures (crude oil, natural gas)
- Commodities (cocoa, coffee, copper)
- Forex (Minor, Major, and Exotic currency pairs)
- Energy (Brent Crude Oil (UKOIL), WTI Crude Oil (USOIL), & Natural Gas (NGAZ));
- Crypto (BTC, ETH, LTC);
Besides the asset offering, XS also provides various types of accounts for different traders, with both MT4 and MT5 platforms. For example, people can start with the standard account with no minimum deposit and an average spread of 1.1, while experts can take advantage of VIP accounts with raw spreads with commissions. XS also offers a third category for partners who can access high rebates for value-added services.
XS.com Funding, Specs, Leverage Review
As a global leader in the trading industry, XS allows customers to find their accounts using various methods, from bank transfer, Visa, and Mastercard to tools like Skrill and Neteller for both deposits and withdrawals. When it comes to specs, XS ensures all the knowledge necessary for traders to make successful decisions:
- XS has floating spreads for all account types;
- XS ensures dynamic leverage but also fixed leverage for certain accounts and asset classes;
- XS supports accounts with raw pricing or no commissions;
The dynamic leverage on XS depends on the asset class. If FX Majors benefit from a maximum leverage of 1:2000, Major Indices receive 1:500, and Minor Indices 1:100. There are also margin requirements for every asset class in terms of lots, margin, and maximum leverage, and customers can check several given examples for every situation on the official XS website.
XS.com Safety and Security Review
Safety and security are non-negotiable features of a trading platform, and XS prioritizes safeguarding clients’ data and funds. The innovative architecture presents advanced security protocols, but the company is well aware of the risks of phishing, viruses, and malware and spreads awareness of customers to stay vigilant during browsing.
The multiple regulations XS has achieved over the years act as a shield against potential cybersecurity
challenges. On the other hand, the company protects clients’ funds through segregation, as it works with trustworthy financial institutions.
XS takes security to the next level by offering insurance protection up to $5,000,000 in case of losses due to fraud, negligence, and omission. The program operates at no cost to customers. It is supported by Lloyd’s of London. The Civil Liability Program ensures that everyone, from clients to third parties, has their assets protected.
XS.com Competitive Advantage Analysis
Customers choose XS as a preferred trading platform since the global market leader offers numerous benefits. For example, multiple regulations have made the brand trusted worldwide, while the assured safety of funds prioritizes personal and fund data. In addition, global market access ensures the opportunity to capitalize on a varied array of trades.
The advanced trading technology at XS allows clients to use real-time market data and customizable charts to their advantage. This innovative technology has also made the registration process as simple as possible, so anyone can create an account in three simple steps: registering, funding the account, and trading.
What’s unique about the trading platform is the multilingual customer support and personalized delivery of relationship management. Therefore, customers can access customized support to succeed during their trading journey. Clients can and should access premium trading conditions at XS through convenient strategies.
XS.com Trading Hours in Financial Markets
Trading hours are considerably important for customers since they ensure traders’ strategies align better with market dynamics. For example, with XS, you can access all Forex Pairs Monday through Friday, while metal instruments have a one-hour daily break.
While these are normal trading hours, customers must be wary of trading holiday schedules, usually affected during Christmas Eve or New Year’s Day, when the pricing is off. Trading notices are also important to mention because seasonal and market factors follow them, whereas HMR (high margin requirement) trading hours usually happen during specific time periods that trigger market volatility, so customers must know about them.
Despite the asset class chosen by the trader, the time of the market’s opening is essential to ensure success. For instance, the World’s Major Stock Exchanges have specific operating times.
XS Final Review: a Reliable Trading Platform
XS.com is a reputable brand on the trading market, as its experience in the industry sustains innovation in trading. With multiple asset classes to choose from, an easy registration process, and continuous learning, XS helps worldwide traders access lucrative markets while ensuring high-security technology and multilingual support. XS has also received numerous regulations that support its reliability and safety, making it a competitive brand among broker traders.