XS
Questions & Answers

This is a good question since I don't really understand the differences between those two account types. I mean, if you navigate to the account types tab on their website, you will see a table with all the specifics of the accounts and you can easily compare them with each other. However, the only difference I could find is the about spreads. Everything else is the same. Both accounts come without trading commissions, and standard acc seems to have lower spreads than plus acc. Moreover, there is no difference in the required deposit as well. Why would one choose an account with larger spreads if he could choose an account with tighter spreads for the same trading conditions!? A bit confusing, right!?

I respect xs broker for a simple thing: whether you are a daytrader, scalper or positional trader, it doesn't matter. The company has managed to create universal conditions which pretty much suit each trading style. For instance, I'm an fx daytrader and I don't mind opening long-term positions on shares to have a profit in future. Swaps don't big much, so the yield can be big depending on the order size. =)

Since there are many of them and it actually depends on which ones you know and you have used before, i cannot say exactly that one of them is way better than others, but if you havent tried any of them before, you can use neteller or skrill to begin with, they are quite popular and straightforward to use.

Hi, I am also a user of XS and I can share my opinion with you. I can say that XS is a reliable broker to trust with your funds for trading forex. They are regulated by reputable authorities, which means they have to follow strict rules and standards to protect their clients' interests. They also segregate their clients' funds from their own and offer negative balance protection, which means you will not lose more than your deposit. XS has a good reputation among traders and has received many positive reviews on various platforms. The most important thing is that XS also provides 24/7 customer support and market analysis to help you with your trading decisions. I have been trading with XS for a few months now and I am very satisfied with their service. I think they are a trustworthy and professional, the broker that you can consider for your trading needs.

I don't think so. That's the beauty of the top-tier forex brokers. They are prone to the highest level of transparency so that you can get all the information from the official website to make a considered decision. Of course XS can't describe all the services in detail, like for example spreads. Tradable assets pricing is one of the few things that you should discover yourself in the process of trading. But apart from that all the necessary knowledge is there.

Yep, pretty much. Conditions suh as choice of assets, leverage, commissions are considered to be the most essential part for trader, so, if you can't go along with them, then yu won't stay with XS. I'm easily getting on with 'em. I trade major Fx pairs, and 1:500 leevrage is more than enough.

Sure, the minimum deposit required to use Mastercard at XS is $50, which is a reasonable amount. This allows traders to begin with a modest amount while still enjoying the platform's impressive features and services. It's important to note that this is the minimum deposit amount when using Mastercard as a payment method. Additionally, if you haven't registered yet, be aware that while Standard, Classic, and Plus account types have no minimum deposit requirement, the Raw account type requires a starting deposit of $5000.