XS: licences and legal entities
XS has not been reviewed by our team yet. This page lists the legal entities and licences the broker states on its own website, and shows what our formula makes of them.
Dossier Score for Global
Overall rating in progress: 30% of criteria assessed
How this Dossier Score adds up
The score is calculated by a published formula from the five components below. It changes with your country, because the first component follows the company that would hold your account.
Methodology v1.1. How the Dossier Score is calculated. Commissions are not an input.
Regulation and legal entities
A broker brand is usually several companies. The one you open an account with decides your leverage limit, whether you have negative balance protection, and which compensation scheme, if any, covers you.
| Legal entity | Regulator | Licence no. | Max. leverage | Our check |
|---|---|---|---|---|
| XS Ltd Serves you Seychelles | FSA Seychelles Tier 3 (offshore) | SD089 | Varies | Stated by the broker Broker's page, read 11 Nov 2026 Open register |
| XS Prime Ltd Serves you Australia | ASIC Tier 1 | 374409 | Varies | Stated by the broker Broker's page, read 11 Nov 2026 Open register |
| XS Markets Ltd Serves you Cyprus | CySEC Tier 2 | 412/22 | Varies | Stated by the broker Broker's page, read 11 Nov 2026 Open register |
| XS Finance Ltd Serves you Malaysia | Labuan FSA Tier 3 (offshore) | MB/21/0081 | Varies | Stated by the broker Broker's page, read 11 Nov 2026 Open register |
| XS ZA (Pty) Ltd Serves you South Africa | FSCA Tier 2 | 53199 | Varies | Stated by the broker Broker's page, read 11 Nov 2026 Open register |
| XS Trade Services Ltd Serves you Mauritius | FSC Mauritius Tier 3 (offshore) | GB25204786 | Varies | Stated by the broker Broker's page, read 11 Nov 2026 Open register |
| XS COM Financial Consultation L.L.C Serves you United Arab Emirates | CMA (UAE) Tier 2 | 20200000339 | Varies | Stated by the broker Broker's page, read 11 Nov 2026 Open register |
| XS (LC) LTD. Serves you LC | No licence on record | Varies | ||
| XS Ltd Serves you St Vincent and the Grenadines | SVG FSA Registration only | 27216 BC 2025 | Varies | Stated by the broker Broker's page, read 11 Nov 2026 Open register |
Key facts
- Founded
- —
- Headquarters
- —
- Publicly listed
- No
- Group regulators
- FSA Seychelles, ASIC, CySEC, Labuan FSA, FSCA, FSC Mauritius, CMA (UAE), SVG FSA
- Minimum deposit
- —
- Platforms
- MetaTrader 4, MetaTrader 5
- Execution
- —
- Copy trading
- No
- Islamic account
- No
- Demo account
- No
Accounts and fees
Spreads we measured
We have not measured live spreads for this broker yet. Until we do, cost does not count towards its rating.
Platforms and execution
XS offers MetaTrader 4, MetaTrader 5.
Deposits and withdrawals
We have not run our own deposit and withdrawal test with this broker yet. When we do, the log appears here with dates and times.
Country availability
Pick your country in the header to see which XS entity would serve you.
Questions readers ask
Is XS regulated?
XS operates through 9 legal entities in our database, holding licences or registrations with: FSA Seychelles, ASIC, CySEC, Labuan FSA, FSCA, FSC Mauritius, CMA (UAE), SVG FSA. Which entity you sign up with depends on where you live, and so does the protection you get. Check the licence number on the regulator's own register before you deposit.
Which trading platforms does XS offer?
XS offers: MetaTrader 4, MetaTrader 5. Platform availability can vary between its entities.
Is XS a safe broker?
No broker is risk-free. Our Global Dossier Score for XS is 30 out of 100. The score reflects the regulator tier of the entity that serves you, the group's other licences, company structure and track record. It says nothing about whether trading will be profitable for you.
Data changelog
- Import 2026-11-11 (broker's own website, read 2026-11-11): new broker (publish); entity added: XS Ltd; licence added: fsasc SD089; entity added: XS Prime Ltd; licence added: asic 374409; entity added: XS Markets Ltd; licence added: cysec 412/22; entity ad
CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.
Alternatives that share a regulator
| Broker | Dossier Score | Entity serving you | Min. deposit | Platforms | Actions |
|---|---|---|---|---|---|
| Interactive Brokers Founded 1978 Listed | 91 | Interactive Brokers LLC CFTC/NFA #0258600 Tier 1 | $0 | Own platformTradingView | Review Visit siteAffiliate link |
| City Index Founded 1983 Listed | 89 | StoneX Financial Ltd FCA #446717 Tier 1 | — | Own platformMT4TradingView | Review Visit siteAffiliate link |
| Trading 212 | 71 | Trading 212 UK Ltd FCA #609146 Tier 1 | — | — | Review Visit siteAffiliate link |
Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.