The forex trading world is booming – and for good reason. Investors are increasingly hooked on forex trading given the possibilities offered by excellent trading platforms, including notoriously low entry barriers, 24/5 market hours, high liquidity, leverage, and, perhaps most thrilling, the opportunity to profit from rising and falling markets. Seasoned investors or curious newcomers can leverage movements in currency pairs—minor, major, and exotic, along with other asset classes like stocks, through contracts for difference (CFD). Today’s trading markets are wildly diversified and accommodating of traders and investors of all levels – so much so that breaking into this vast ecosystem might feel rightfully intimidating. How do the most prominent multi-asset brokers ease first-time traders’ way into trading? What strategies do A-listers like XS.com use to convert curious newcomers into long-term clients?
XS.com ranks among the world’s largest multi-asset trading platforms. For anyone looking to understand the essentials of currency and multi-asset trading – as well as what defines an actually reliable broker – it’s worth looking closer into this international powerhouse. What has catapulted XS.com to such a solid and unshakeable reputation? Why should traders bother? Down below, we’re exploring the key factors behind this broker’s rise and enduring influence, at the same time learning more about this type of offering, from Forex (FX) trading and CFDs to futures and beyond.
The increasing economic uncertainty worldwide has made people realise harsher realities, among them that leaving money in bank accounts is a foolproof way to see it devalue over time. This understanding encouraged individuals to explore more advantageous, money-wise alternatives, with many shifting to diversified investments, including bonds, stocks, crypto, and mutual funds. Investors are more alert than ever to what they purchase, and the need to have more power over their financial future only says that they’ve had enough: it’s time they broke free from all the misleading narratives they’ve been fed until now. Anyone can achieve financial independence. Even in the same financial landscape that made financial freedom feel like an exclusive utopia accessible only to a few.
A new era of opportunities is emerging, and XS.com is at the forefront. The broker has earned general praise for its services and dependability over time, cementing its status as a reliable broker. With this operator, investors trade an extensive range of asset classes, including multiple currency pairs, futures, energy, crypto, shares, metals, forex, and more.
Let’s quickly recap the trades you can make on the platform. We’ll start with currency pairs for forex trading and enumerate the rest as we go:
Minor pairs: Euro/British Pound (EUR/GBP), Euro/Australian Dollar (EUR/AUD), Euro/Canadian Dollar (EUR/CAD), British Pound/Japanese Yen (GBP/JPY), Australian Dollar/Japanese Yen (AUD/JPY), and more;
Major pairs: Euro/US Dollar (EUR/USD), US Dollar/Japanese Yen (USD/JPY), US Dollar/Swiss Franc (USD/CHF), US Dollar/Canadian Dollar (USD/CAD), etc.;
Exotic pairs: US Dollar vs. South African Rand (USD/ZAR), US Dollar vs. Singapore Dollar (USD/SGD), US Dollar vs. Turkish Lira (USD/TRY), US Dollar vs. Mexican Peso (USD/MXN), and so forth.
Side note: The main distinction between the abovementioned currency pairs comes down to the balance between reward and risk: major pairs are the most stable, liquid, and affordable. Exotic pairs strike a balance between higher potential rewards and the consequent risk. Minor pairs fall somewhere in between. Don’t go overboard; start humbly and build your skills as you go.
Shares: You can trade CFDs (bet on performances) on shares issued by heavyweights like Amazon, Apple, Tesla, Nvidia, Microsoft, Meta, and so on, potentially profiting from price movements without owning the actual stock.
Indices: You can boost your exposure to a larger market and reduce reliance on just a handful of stocks by trading CFDs on more market indices, like Dow Jones, NASDAQ 100, S&P 500, DAX 30, and more.
Cryptocurrency: From BTC to ETH and from DOGE to XRP, you can trade CFDs on multiple cryptos (altcoins, BTC, meme coins, etc.) and speculate on the volatile crypto market.
Energy: Trading is accessible for energy commodities like crude oil, gasoline, coal, and natural gas.
Metals: XS enables you to trade CFDs on precious metals such as platinum, gold, silver, etc..
Futures: You can also trade futures contracts on a range of underlying assets with XS.com.
If you’re afraid you might fall into the trap of brokers concealing their pricing and fee structures, it’s likely because it’s a highly possible scenario. Many unreliable operators take transparency and trustworthiness lightly, often leading naïve users to fall victim and resulting in unclear fee structures. Unpredictable spreads or undisclosed fees can undermine even the cleverest strategy – a possibility that you didn’t account for when you started trading in the first place. Plus, you normally expect to know all the costs you may incur down the road before committing to a platform.
XS has forged ahead in offering consistently tight spreads and competitive commissions across all its account types, so no matter if you choose a standard, pro, or institutional account, the pricing framework remains transparent and straightforward, guaranteeing no unexpected fees or costs. Additionally, the broker regularly releases comprehensive reports detailing slippage, trade execution, and the frequency of order cancellations – all of which are crucial indicators of the broker's transparency and pricing accuracy. Such reports are usually valuable for deep-pocketed, institutional investors who won’t risk their fortunes – they tend to choose brokers depending on measurable performance reports rather than generous pitches. If you’re such a trader, these features become crucial.
Founded in 2010 in Australia, XS.com emerged as a regional brokerage focused on making markets worldwide more accessible. Later, the firm obtained key licenses in the following jurisdictions and continued to expand into the leader we’re evaluating today:
The FSAS – Financial Services Authority of Seychelles
The ASIC – Australian Securities and Investments Commission
The CYSEC – Cyprus Securities and Exchange Commission
The Malaysian LOFSA – Labuan Financial Services Authority
The FSCA – South African Financial Sector Conduct Authority.
All these certificates denote how committed XS is to users’ security and experience, indicating heavy investments in areas like infrastructure and security protocols.
For context, you’ll encounter the entity of XS under the denomination of XS Group – it’s the same organization.
What better way to assure your clients that you’re treating their experiences as seriously as possible? To better understand XS’s touted reliability, it’s worth noting the wide range of international awards it has received. You can check these out on the platform’s official page, in the “Awards” section, alongside more details on their achievements. The platform’s committed to keeping audiences constantly posted.
Here are some of the latest prizes secured this year, by press time:
The Most Valued Brand, Dubai, UAE
TOP 100 Trusted Financial Institutions, Dubai, UAE
Best Online Trading Broker, Manama, Bahrain
Best Global Regulations, Johannesburg, South Africa
Best Local Support, Johannesburg, South Africa.
At the same time, among its standout awards, the group counts: Best Client Loyalty Programs, Fastest & Most Secure Withdrawals, Top Client Funds Protection Broker, and more. The list is too long to mention everything on it – plus, it’s constantly expanding.
With cyber threats like bots threatening users’ integrity on most of the platforms out there, it’s only natural (and healthy) to second-guess the assertions of the financial manager you look to entrust your money with. User security is just as strong as the brokerage’s investment in it.
XS.com takes pride in prioritizing user security, employing superior encryption models across all apps and websites, two-factor authentication (2FA), automated email confirmation for password change attempts, and regular independent audits to upgrade protection procedures.
The group is aware of hackers' skills and the potency of viruses and malware threats, thus reminding users to always use updated software and avoid downloading programs or files from unconfirmed sources. Since we’re here, make sure to always use sites that include the “https://” prefix. Site spoofing is a thing, and you don’t want to fall into traps you can easily dodge.
XS uses two of the industry’s top platforms: Metatrader 4 (MT4) and Metatrader 5 (MT5). You can associate these with the highest standard in online trading software.
MT4 offers an intuitive interface, over 30 built-in indicators, and low hardware demands, making it ideal for beginners. At the same time, MT5 caters to more experienced traders, supporting 21 timeframes, multi-asset trading, and multiple order types, among other technical indicators. You can access any platform on the web, desktop, and mobile, enjoying super-fast execution speeds and synchronized data.
XS.com offers more noteworthy features – reviewing them is enough.
A wide range of tools for pro and new investors, including live data market, customizable charts, robust tech analysis tools, Expert Advisors for automated trading, and the abovementioned trading platforms.
You can buy a portion of an asset or company share to reduce risk and potential losses if you’re targeting high-value investments. You diversify your portfolio without spending a fortune.
XS.com offers ultra-high leverage options of up to 1200, meaning that you can open a position worth $200K with just $100K.
XS.com is praised for its user-friendly, flexible withdrawal and deposit options. You can use your online wallet, credit or debit card, or even wire transfers.
XS.com remains a solid option for those looking to really understand how far their financial opportunities stretch. If you’re seeking a reliable broker to help you navigate today’s volatile markets, XS.com might be your perfect choice.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.