This guide explains the key features, account types, safety considerations, advantages, and potential drawbacks of XS, a global forex and CFD broker. It also explains how eligible traders can open an XS cashback account through our Discord community and receive rebates based on their trading volume.
XS supports MetaTrader 4 and MetaTrader 5 and provides access to multiple asset classes, including forex, metals, energies, indices, cryptocurrency CFDs, share CFDs, and futures CFDs. With several account types available, traders can select an environment suited to discretionary trading, scalping, or Expert Advisors (EAs).
What Is XS?
XS is a global forex and CFD brokerage brand operating through multiple group companies and regulated entities. Its trading platforms include MetaTrader 4 (MT4) and MetaTrader 5 (MT5), allowing clients to trade from desktop computers, smartphones, tablets, and compatible web platforms.
One of the broker’s main strengths is its selection of account types. These range from straightforward Standard accounts to lower-spread Pro and Elite accounts designed for more active traders. XS also offers dynamic leverage, under which the maximum leverage may change according to the instrument, account type, position size, and total exposure.
| Category | Overview |
|---|---|
| Trading platforms | MT4 and MT5 |
| Main markets | Forex, metals, energies, indices, cryptocurrency CFDs, share CFDs, and futures CFDs |
| Main account types | Standard, Cent, Micro, Pro, Elite, VIP, and other region-specific accounts |
| Maximum leverage | Dynamic leverage of up to 1:2000 on eligible accounts and instruments; lower limits may apply |
| Pricing and execution | Variable spreads and market execution, subject to the applicable account specifications |
| Automated trading | MT4 and MT5 Expert Advisors are supported, subject to the client agreement and trading rules |
Exact trading conditions vary depending on the client’s country of residence, contracting entity, account type, platform, instrument, and market conditions. The figures in this article are indicative and may change. Check the current contract specifications on the official XS website before depositing or trading.
7 Key Features of XS
1. Support for Both MT4 and MT5
XS supports both MT4 and MT5, two of the world’s most widely used retail trading platforms. MT4 may suit traders who already rely on established indicators or EAs, while MT5 offers more timeframes, additional order functions, and broader multi-asset capabilities.
Mobile and web-based access may also be available, making it easier to monitor positions and manage trades away from a desktop computer.
2. Dynamic Leverage of up to 1:2000
Eligible XS accounts may offer dynamic leverage of up to 1:2000. Dynamic leverage means that the leverage applied to a position may decrease as position size or aggregate exposure increases.
High leverage can reduce the margin required to open a position, but it can also accelerate losses and increase the risk of stop-out. Rather than automatically using the maximum leverage available, calculate position size from your stop-loss distance and the amount you can afford to lose.
3. A Choice of Standard and Low-Spread Accounts
XS offers several pricing models. Standard and Pro accounts generally use spread-based pricing without a separate trading commission, while the Elite account combines raw or very low spreads with a separate commission.
A Standard account may be easier for beginners to understand. Traders using scalping strategies or high-frequency EAs may prefer to compare the total cost of the Pro and Elite accounts, including both spreads and commissions.
4. Access to a Broad Range of CFD Markets
In addition to major and minor currency pairs, XS provides access to products such as gold and other metals, crude oil and other energies, stock indices, cryptocurrency CFDs, share CFDs, and futures CFDs.
This may appeal to traders who want to monitor several markets through one broker or diversify their trading opportunities beyond currencies alone.
5. Expert Advisors and Automated Trading
Because XS supports MT4 and MT5, traders can run Expert Advisors, monitor multiple instruments, and use a VPS for continuous operation.
However, support for EAs does not mean that every strategy is permitted. Trading that exploits latency, off-market prices, technical errors, abusive execution patterns, or other conduct prohibited by the client agreement may be restricted. Review the applicable terms before running unusual or very high-frequency systems.
6. Multiple Regulatory Licences Across the Group
XS publishes information about group entities regulated in several jurisdictions, including entities supervised by authorities such as ASIC in Australia, CySEC in Cyprus, the FSA in Seychelles, the FSCA in South Africa, the LFSA in Labuan, Malaysia, and the FSC in Mauritius.
The entity that actually provides your account depends on your location and registration route. A licence held by one group company does not automatically provide the same protections to clients of another group company. Always confirm the legal entity, regulator, dispute-resolution process, and client agreement shown during registration.
7. Suitable for Trading Cashback
When an eligible account is opened through our community link, traders may receive cashback based on their qualifying trading volume. For scalpers and EA users who place many trades, even a modest rebate per trade can make a meaningful difference to long-term transaction costs.
Cashback should never be used as a reason to trade larger positions or place unnecessary trades. Your strategy, risk limits, and capital preservation should always come first.
XS Account Types Compared
XS offers several account types, although availability may differ by region. The following table summarises representative conditions published for commonly offered accounts.
| Account type | Main features | Indicative average EUR/USD spread | Commission | Indicative minimum deposit |
|---|---|---|---|---|
| Standard | Simple spread-based account with no separate commission | 1.1 pips | None | No stated minimum deposit |
| Cent | Smaller contract sizing for lower-value trading | 1.1 pips | None | No stated minimum deposit |
| Micro | Designed for smaller trade sizes | 1.1 pips | None | No stated minimum deposit |
| Pro | Lower spreads than Standard with no separate commission | 0.7 pips | None | USD 500 |
| Elite | Raw or very low spreads plus commission | 0.1 pips | Approximately USD 6 round turn per lot | USD 500 |
| VIP | Designed for high-volume or professional clients | 0.1 pips | Varies by instrument | May vary under current VIP terms |
Spreads are variable and may widen during illiquid hours, market openings, major economic announcements, or periods of exceptional volatility. Platform availability and tradable instruments may also differ between account types and legal entities.
Standard vs Pro for Cashback Traders
For our community cashback programme, the two main options are generally the Standard account and Pro account.
- Standard account: Typically has a wider underlying spread, but offers a higher cashback percentage and a straightforward cost structure.
- Pro account: Usually offers a lower cashback percentage, but its tighter original spread may be better suited to short-term trading.
Do not compare rebate percentages alone. Compare the actual spread, commission, execution quality, instrument, trading session, and average holding time to estimate the total effective cost.
How to Evaluate XS Safety and Reliability
When selecting an international forex broker, consider the operating company, regulatory status, client-money arrangements, withdrawal rules, legal documentation, and complaint procedures—not only leverage or promotional offers.
Regulation Across Multiple Jurisdictions
The XS website lists multiple regulated group and related entities. This is useful background information, but the protection applicable to you depends on the specific company named in your account agreement.
Different entities may have different leverage limits, investor-protection arrangements, compensation schemes, negative-balance policies, and dispute-resolution procedures. Verify the regulator and licence number of your contracting entity directly where possible.
Segregation of Client Funds
XS states that client funds are kept separate from the company’s operating funds under the arrangements applicable to the relevant entity.
Segregation is not the same as a bank-deposit guarantee. Legal protections vary by jurisdiction, and traders should avoid leaving more capital with any broker than is reasonably required for their strategy.
Civil Liability Insurance
XS has publicised a civil-liability insurance programme underwritten through Lloyd’s of London, describing additional protection for certain eligible claims arising from matters such as errors, omissions, negligence, fraud, or operational misconduct, subject to the policy terms and exclusions.
This is not insurance against trading losses. It does not reimburse losses caused by market movements, EA performance, liquidation, stop-out, excessive leverage, or user error.
Advantages of Trading With XS
- Choice of MT4 and MT5 on eligible accounts
- Several account structures, from Standard to low-spread accounts
- Broad selection of forex and CFD markets
- Dynamic leverage of up to 1:2000 where available
- Support for EAs and custom indicators
- Opportunity to reduce effective costs through cashback
- Public information about multiple regulated entities
Disadvantages and Important Considerations
Availability and Conditions Differ by Country
XS operates internationally, but it does not offer identical services in every country. Some residents may be ineligible, and certain products, account types, leverage levels, payment methods, or promotions may not be available in all regions.
High Leverage Magnifies Losses
Leverage of up to 1:2000 can increase capital efficiency, but it can also cause the margin level to fall rapidly after a relatively small adverse price movement. Having access to high leverage does not mean that using it is appropriate.
Spreads Are Variable
The spreads shown in account tables are indicative rather than fixed. Spreads can widen around rollover, weekly market openings, major news releases, or sudden volatility. Scalping-EA users should examine live spreads during the intended trading session rather than relying only on fixed-spread backtests.
Cashback Terms Can Change
Cashback rates, eligible accounts, qualifying instruments, settlement times, and withdrawal rules may be revised if XS or the introducing-broker programme changes its conditions. Check the latest community announcement before trading.
About the XS Cashback Account
Our Discord community provides trading-volume-based cashback to eligible users who open and trade an approved XS account through our dedicated referral route.
Because part of the trading cost is returned without fundamentally changing the trader’s strategy, an eligible cashback account may reduce the effective cost compared with an otherwise equivalent account without rebates.
Cashback Rates
At the time of publication, the planned cashback rates for eligible XS accounts opened through our community are:
Standard account: approximately 40% of the spread-based partner remuneration
Pro account: approximately 20% of the spread-based partner remuneration
The actual rebate can differ by account type, instrument, trading volume, and the partner terms applied by XS. Because spreads are variable, the cashback amount per lot is not necessarily fixed.
To confirm current eligibility or the estimated rebate for a particular instrument, contact us through Discord or X before opening the account or beginning live trading.
Where the Cashback Is Credited
Cashback is generally credited to the Cashback Wallet or designated wallet area in the XS client portal, rather than being added directly to the live trading account.
Eligible rebates may normally appear shortly after a qualifying trade, but processing time can vary according to the system, instrument, and programme conditions. If cashback does not appear, first confirm that the trading account is correctly linked to our partner account.
Important Cashback Conditions
- Confirm eligible account types and instruments before trading.
- Verify the introducing-broker link before placing the first trade.
- Check whether hedged, ultra-short-duration, or otherwise excluded trades qualify.
- Do not increase position size solely to earn a larger rebate.
- Follow the latest programme notice published in the community.
Cashback can help reduce transaction costs, but it cannot turn a negative-expectancy strategy into a profitable one. Use a strategy that is viable before rebates, and treat cashback only as an additional cost reduction.
Benefits of Opening an Account Through Our Community
Competitive Cashback Rates
Our policy is to return a substantial portion of the partner remuneration to eligible traders, while maintaining a cashback structure that can be operated on a continuing basis.
Not every large cashback portal supports XS or every XS account type, so the number of registration routes offering competitive rebates may be limited.
Access to Community-Only Promotions
Eligible users who open an XS cashback account through the community and complete qualifying trades may also be invited to community promotions featuring prizes, EAs, indicators, and other trading tools.
Promotion details and eligibility requirements are announced in the Discord campaign channel. Additional benefits for early participants or active long-term members may be introduced in the future.
Members who also use our Exness cashback programme may receive additional opportunities in selected community campaigns or prize draws, subject to the rules of each promotion.
How to Open an XS Cashback Account
The general registration process is as follows:
- Open the XS website through our dedicated community link.
- Register with your email address, country of residence, and required personal information.
- Complete identity and address verification.
- Create an eligible Standard or Pro trading account.
- Confirm the cashback link before trading.
- Deposit funds, log in to MT4 or MT5, and begin trading only after reviewing the risks.
Step 1: Access XS Through the Dedicated Link
Use the button below to access XS and register a new client account. Registering through the ordinary homepage or another partner link may prevent the account from being attributed to our cashback programme.
Availability is subject to your country of residence and the XS eligibility rules. Review the applicable terms before registering.
Step 2: Register Your Account Information
Enter the required information, including your country of residence, email address, and password. Your legal name and residential address should match the documents you intend to submit for verification.
Step 3: Complete Identity Verification
Log in to the XS client portal and submit the requested proof of identity and proof of address. Accepted documents and validity requirements vary by jurisdiction, so follow the instructions shown in your account.
Step 4: Create a Trading Account
Select an eligible account type and create an MT4 or MT5 account. The Standard account may suit traders who prioritise the cashback rate and simplicity, while the Pro account may suit traders who prioritise a tighter original spread.
Step 5: Confirm the Link Before Trading
Before placing any trades, confirm that the new trading account is correctly linked to our community cashback programme.
For verification, send your trading account number by direct message to our X account or through Discord.
Discord ID: zzz_slp_88178
Send a friend request first, followed by a direct message.
What If You Already Have an XS Account?
An existing XS account may not be transferable to our introducing-broker relationship after registration.
If XS permits multiple client registrations in your jurisdiction, one possible route may be to use the dedicated link and create a new account with a different email address. However, policies on duplicate or multiple accounts can change. Contact XS support before attempting to create another client profile.
Simply adding another trading account inside an existing client portal may not attach it to the cashback programme. Contact us before registration if you are uncertain.
Who May Benefit From an XS Cashback Account?
- Traders who plan to use discretionary strategies or EAs with XS
- Active scalpers and day traders
- Traders who regularly trade gold or major currency pairs
- Users who want access to MT4, MT5, or both
- Traders seeking to recover part of their transaction costs
- Users interested in community EAs, indicators, and campaign benefits
Who Should Not Open an XS Cashback Account?
- Anyone who does not understand the risks of leveraged forex and CFD trading
- Anyone intending to trade with essential living expenses or borrowed money
- Anyone looking for a capital-guaranteed product
- Anyone unable to confirm whether forex and CFD trading is lawful and available in their country
Frequently Asked Questions About XS Cashback Accounts
How quickly is XS cashback credited?
Eligible cashback may normally appear in the relevant wallet area shortly after the qualifying trade is processed. Delays can occur because of system conditions, instrument rules, or programme requirements.
Is cashback paid directly into the trading account?
Cashback is generally reflected in the designated wallet area of the XS client portal rather than directly in the live trading balance. Check the latest XS instructions for transfer and withdrawal rules.
Can an existing XS account be converted into a cashback account?
Existing accounts may not be eligible for retrospective linking. Contact XS support or our community before creating a new account through the dedicated link.
Can I use Expert Advisors with XS?
MT4 and MT5 Expert Advisors are supported. However, certain strategies may breach the client agreement. Review the trading rules before using latency-sensitive, arbitrage-style, or unusually high-frequency systems.
Should I choose the Standard or Pro account?
The Standard account may be preferable if you prioritise a higher cashback percentage and a simple spread-only structure. The Pro account may be preferable if you prioritise a tighter underlying spread. Compare the effective total cost for the instruments and trading hours you actually use.
Does using cashback make the trading conditions worse?
An introducing-broker cashback arrangement generally returns part of the partner remuneration to the trader. It is not intended to worsen the normal account conditions. Nevertheless, confirm the exact account specifications and compare live pricing before trading.
Conclusion: Reduce XS Trading Costs With Cashback
XS is a global multi-asset broker offering MT4, MT5, several account types, dynamic leverage of up to 1:2000 on eligible products, and access to a broad range of forex and CFD markets.
For active strategies such as scalping and EA trading, small differences in spreads, commissions, and rebates can materially affect long-term performance. An eligible account opened through our cashback programme can return part of the transaction cost generated by qualifying trades.
Cashback does not reduce the underlying market risk. Use conservative position sizing, define stop-loss levels, monitor leverage, and trade only with capital you can afford to lose.
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