Here’s an overview of XS’s reputation and safety. We’ve summarized the reputation, safety, pros, and cons of XS (XS.com) (verified in August 2026).
[Conclusion] XS is a broker gaining attention for holding multiple financial licenses and offering tight spreads, leverage of up to 2,000x, and swap-free trading. While it’s important to note that its history is relatively short—having launched in some regions around 2023—it remains a strong option for those who prioritize trading conditions.
XS Overview
| Item | Contents |
|---|---|
| Launch | A group established in 2010. In recent years, it has accelerated its global expansion (the timing of expansion varies by region). |
| Financial License | Holds licenses in multiple countries. Customer funds are held in segregated accounts. |
| Maximum Leverage | 2,000x (major currencies and gold) |
| Swap-Free | Accounts in the applicable regions are automatically covered (1 to 10 days per security) |
| Supported Languages | Support for multiple languages, including Japanese |
Ratings on Third-Party Review Sites
4 out of 5 (Trustpilot, approx. 450 reviews, checked on August 30, 2026)
You can find the latest ratings and user reviews on the Trustpilot review page and on FOREX PEACE ARMY. Scores are subject to change.
Positive Reviews and Benefits of the XS
Tight spreads and low trading costs
The spreads on major currency pairs are widely regarded as among the narrowest in the FX brokerage industry, making them well-suited for scalping and day trading.
Smooth Withdrawals
Some users have reported that their withdrawal requests were processed within about an hour, and there are currently no notable complaints regarding denied or delayed withdrawals.
Swap-free is automatically applied
FX accounts held by traders in the eligible regions will automatically become swap-free, with no application required, helping to reduce holding costs for short- and medium-term positions.
XS's Bad Reputation and Things to Watch Out For
In areas where the service has limited coverage, there is little information available.
It is important to note that in areas where the service has only recently been rolled out, there is limited information available on how to handle issues that may arise.
Few permanent bonuses
Those who prioritize bonuses may find this lacking. On the other hand, since our strategy focuses on trading conditions, it makes more sense for active traders to combine this with cashback to lower their effective costs.
Get even better value with the XS cashback offer
If you open a cashback-eligible XS account through REBATE ONE, rebates based on your trading volume will be credited directly to your trading account (auto-rebate). There are no markups, and you’ll receive rebates while maintaining the same trading conditions as a standard account. Rebate rates are listed on the XS details page, broken down by instrument and account type.
FAQ
Is XS a reputable company?
We hold multiple financial licenses and maintain segregated accounts for client funds. However, please conduct FX trading at your own discretion and risk.
Can I use the cashback even if I already have an XS account?
You can use this service to open additional accounts, among other things. For more details, please visit the XS details page.
