XS Review: Is It the Best Broker You Can Choose?

Currently, trading has become very popular, attracting the attention of individuals worldwide. Trading is no longer correlated only with financial experts or the rich and influential but with anyone interested in making considerable profits. But why did this change in perception occur? Well, now the world is dealing with currency devaluations and inflationary pressures, so people want something to secure themselves against the future’s uncertainty. Luckily, the investment landscape can help with this.

The other great news is that trading has become very accessible, with plenty of brokers and trading platforms emerging these days. However, although this ensures great accessibility, it also comes with some huge problems, as you must be careful with your choice, as not all sources are reliable. So, before you make the first step into the trading landscape, you need to research the platforms and ensure you choose the best broker for your needs and preferences. In this way, you will increase the chances of having a positive trading experience.

In this article, we will review an important player in this environment, XS.com, to help you a little in your search for the best broker. XS is one of the most prominent names you will hear most when looking for brokers, so it is essential to figure out if it is a relevant option you can consider.

Let’s discover together.

An overview of XS.com

XS.com, or XS in short, is the brand name of the XS Group, a global multi-asset broker that offers people the opportunity to trade plenty of financial products. For example, some of the assets most popular you can trade on XS are forex, crypto, metals, shares, indices, commodities, energy, and futures. The roots of this broker can be traced back to 2010 when this company was established in Australia. Since then, XS.com has become a titan in the trading world, representing a market leader in FinTech, online trading, and financial services. So, XS is a powerful name with offices in various locations worldwide and licenses in numerous jurisdictions.

But why did XS grow so much over the years? XS.com offers people the best experience through advanced trading technology and institutional liquidity, together with the best customer support and efficient user experience. So, this broker puts the needs of clients first, which is vital in the trading environment. Plus, their services are suitable both for trading experts and beginners, so anyone can benefit from financial empowerment.

Trading is not the easiest job out there, as you need to take a lot into consideration, but XS is committed to helping traders by offering all the tools and knowledge they need in the ever-changing trading landscape. XS is dedicated to excellence and wants to help anyone unlock their trading potential. How does XS manage to do all of these? XS has a team of professionals with notable experience in the financial markets. On top of this, they have also employed some cutting-edge technology that improves the overall trading experience.

XS and regulatory compliance

When trading, it is imperative to research if the broker you choose has adhered to the authorities’ regulations. Luckily, XS is a reliable broker that is up-to-date with industry-specific regulations. This ensures that XS respects all the laws and regulations from this landscape, and the leading governing bodies also authorize this platform. XS wants to ensure integrity and trust for everyone, which is even more critical for this group, which is one of the most prominent names in the trading landscape. XS is regulated by important financial authorities, including:

• Australian Securities and Investments Commission (ASIC)

• Financial Services Authority of Seychelles (FSA)

• Labuan Financial Services Authority (LFSA)

• Cyprus Securities and Exchange Commission (CySEC)

• South African Financial Sector Conduct Authority (FSCA)

XS is transparent about regulatory compliance, and you can find more information on their websites, where you can also check relevant license numbers and links. All the bodies mentioned above ensure that the XS broker complies with all industry regulations and standards.

XS’s security

Another vital component when searching for a broker is security, which is primordial when trading. As the risks we experience online have increased a lot lately, all brokers and trading platforms must ensure that they take the necessary measures to protect themselves against all the cyber threats that might appear. XS prioritizes the security and safety of the customer’s funds, and because of this, they continue to invest in the best infrastructure and maintain great security with the help of advanced protocols.

What is interesting about XS is that the client funds are not kept in the same place as the company funds but in segregated accounts, which reduces risks by a great measure. XS also prioritizes the safety of users’ data, which occurs with the help of cutting-edge security measures. Other than this, XS also offers an extra layer of protection, as it has implemented a Civil Liability Insurance Program that provides coverage for losses over USD 10,000 and to a maximum of USD 5,000,000 that could have been caused by fraud, omission, technical errors, or other risks that could make clients experience financial loss.

So, is it XS the right broker for you?

Among the wide variety of brokers, XS is indeed one of the best. It focuses on offering clients an excellent experience, being always there to help them with proper knowledge and tools to make this whole journey much easier.

XS is among the most important names in the trading scene, which is also why it has attracted a lot of attention since it was first established back in 2010. XS is a reliable broker that can offer you the best services, whether you are a very experienced trader or have just made the first step into the trading landscape.