Are you considering opening an account with XS but unsure which account type to choose? With options such as Standard, Pro, Elite, Cent, and Micro, it can be difficult to understand which one best matches your trading capital and strategy.
XS offers several account types designed for different purposes. Cent and Micro accounts are intended for smaller position sizes, the Standard account is suitable for a wide range of traders, while the Pro and Elite accounts are designed for traders who place greater importance on spreads and overall trading costs.
Minimum deposit requirements, spreads, commissions, supported trading platforms, and contract sizes vary by account type. Choosing the right account can therefore have a meaningful impact on risk management, execution, and long-term trading costs.
In this guide, we compare the main XS account types and explain which traders each option may suit. Later in the article, we also introduce the XS cashback account, which may help active traders reduce their effective trading costs.
XS Account Types at a Glance
XS account types can broadly be divided into three groups: beginner-friendly accounts, general-purpose accounts, and professional accounts focused on tighter pricing. Partner-linked cashback accounts may also be available depending on the registration route and the trader’s country of residence.
| Account Type | Main Feature | Minimum Deposit | Typical EUR/USD Spread | Commission | Platforms |
|---|---|---|---|---|---|
| Cent | Small-value trading in cents | No stated minimum | From around 1.1 pips | No separate commission | MT5 |
| Micro | Smaller contract sizes | No stated minimum | From around 1.1 pips | No separate commission | MT5 |
| Standard | Balanced, beginner-friendly account | No stated minimum | From around 1.1 pips | No separate commission | MT4 and MT5 |
| Pro | Tighter spreads without a separate commission | Approximately USD 500 | From around 0.7 pips | No separate commission | MT4 and MT5 |
| Elite | Raw-style spreads plus commission | Approximately USD 500 | From around 0.1 pips | About USD 3 per side | MT4 and MT5 |
Spreads are variable and may widen depending on market conditions, liquidity, the instrument traded, and the time of day. Account specifications and availability may also vary by jurisdiction. Always confirm the latest conditions on the official XS website before opening an account.
XS Cent Account
The XS Cent account is designed for traders who want to trade with very small amounts of real money. The account balance and trading values are displayed in cents. For example, a deposit of USD 100 may appear as 10,000 cents in the trading account.
- Suitable for starting with a small amount of capital
- Supports very small position sizes
- No separate trading commission
- No stated minimum deposit
- Available on MT5
This account may suit beginners who want real-market experience without committing a large amount of capital. It can also be useful for forward-testing a new Expert Advisor, trading system, or money-management method under live market conditions.
XS Micro Account
The XS Micro account is designed around smaller contract sizes. A micro lot generally represents 1,000 units of the base currency, allowing traders to fine-tune position sizing more precisely than they might on a standard contract account.
- One micro lot generally equals 1,000 currency units
- Allows smaller starting position sizes
- No separate trading commission
- No stated minimum deposit
- Available on MT5
The Micro account may be a better fit than the Cent account for traders who want an experience closer to a conventional live trading environment while still keeping position sizes small. It can be used by beginners as well as experienced traders testing an EA or strategy with limited capital.
XS Standard Account
The Standard account is the most straightforward and versatile XS account type. It has no stated minimum deposit, does not charge a separate trading commission, and supports both MT4 and MT5.
- No stated minimum deposit
- No separate trading commission
- Supports MT4 and MT5
- Access to forex, metals, cryptocurrencies, energies, and stock indices
- Suitable for both discretionary trading and EA operation
For traders who are unsure which account to choose, the Standard account is usually the most practical starting point. Trading costs are primarily included in the spread, making the pricing structure easy to understand.
XS Pro Account
The Pro account is designed for traders who want tighter spreads than the Standard account without paying a separate commission on each trade.
- Tighter average spreads than the Standard account
- No separate trading commission
- Supports MT4 and MT5
- Minimum deposit of approximately USD 500
- Suitable for short-term trading and EA operation
When trading frequently, even a small difference in spreads can significantly affect total costs over time. Traders who can meet the higher deposit requirement and want commission-free pricing with tighter spreads may find the Pro account attractive.
XS Elite Account
The Elite account uses a raw-spread pricing model with a separate trading commission. Quoted spreads may be among the tightest offered by XS, making the account particularly relevant to experienced scalpers, high-frequency traders, and EA users.
- Raw-style spread structure
- Typical EUR/USD spread from around 0.1 pips
- A separate commission is charged per trade
- Supports MT4 and MT5
- Minimum deposit of approximately USD 500
The quoted spread alone does not represent the full cost of trading. Traders should compare the combined cost of the spread and round-turn commission. Depending on trading volume, instruments, and execution times, the Pro account may sometimes be simpler or more cost-effective than the Elite account.
Which XS Account Type Is Best?
The best XS account depends on your trading experience, available capital, preferred platform, trading frequency, and strategy.
| Trader Profile | Suggested Account | Why |
|---|---|---|
| Complete beginner | Cent or Micro | Allows small live positions and lower-risk practice |
| Unsure which account to choose | Standard | Simple pricing, no stated minimum deposit, and broad usability |
| Needs MT4 | Standard, Pro, or Elite | Cent and Micro accounts are primarily MT5-focused |
| Trades frequently | Pro or Elite | Tighter spreads may reduce cumulative costs |
| Testing an EA with small capital | Cent or Micro | Smaller contract sizes make forward testing easier |
| Running a scalping EA | Pro or Elite | Designed for traders who prioritize trading costs |
Standard vs Pro: Which Should You Choose?
The main differences between the Standard and Pro accounts are the minimum deposit and average spread level.
The Standard account has no stated minimum deposit and is easier to access for first-time XS users. The Pro account generally requires a minimum deposit of around USD 500, but provides tighter spreads.
- Starting with limited capital: Standard account
- Trading infrequently: Standard account
- Scalping regularly: Pro account
- Using an EA that opens many trades: Pro account
- Preferring simple commission-free pricing: Standard or Pro account
The more frequently you trade, the more important the spread difference becomes. Active traders should therefore compare their expected monthly trading volume before deciding.
Pro vs Elite: Key Differences
The Pro account offers tighter spreads with no separate commission, while the Elite account offers raw-style spreads with a commission charged on each side of the trade.
Although the Elite account may display a lower spread, the total cost must include the round-turn commission. For some instruments and trading sessions, the Pro account may be easier to manage and may produce a similar or lower all-in cost.
When comparing the two accounts, calculate the average spread plus total commission for the instruments you trade most often, then multiply that figure by your expected number of monthly trades.
What to Check Before Choosing an XS Account
Trading Platform
Cent and Micro accounts are mainly intended for MT5. If you use an MT4-only Expert Advisor, choose an account type that supports MT4, such as Standard, Pro, or Elite.
Minimum Deposit
Standard, Cent, and Micro accounts generally have no stated minimum deposit. Pro and Elite accounts typically require approximately USD 500.
Spreads and Commissions
Do not compare accounts using the quoted spread alone. Calculate the all-in cost, including commissions. This is especially important for scalpers, day traders, and EAs that place many trades.
Minimum Position Size
For small-balance trading or EA testing, Cent and Micro accounts may be preferable because they allow smaller position sizes. They can also be useful for live forward tests before moving a strategy to a larger account.
Leverage Structure
XS may offer account variations whose names include labels such as “EQ” or “LT,” with leverage limits that change depending on account equity or total open volume. Do not rely only on the advertised maximum leverage. Check the applicable leverage tiers for your balance and position size.
Regular Accounts vs XS Cashback Accounts
If you plan to trade with XS on an ongoing basis, the registration route may be just as important as the account type itself. A cashback account may allow you to receive part of your trading costs back based on eligible trading volume.
With an XS cashback account, eligible trades may generate a rebate according to your trading volume and the applicable cashback conditions. Because part of the cost paid through spreads or commissions is returned, the effective cost of trading may be lower than with an otherwise equivalent regular account.
- Receive cashback based on eligible trading volume
- Higher trading frequency may lead to larger cumulative rebates
- Suitable for both manual trading and EA operation
- May reduce effective costs for scalping and day trading
The potential benefit may be particularly noticeable for traders who frequently trade gold, major forex pairs, or multiple automated strategies.
By registering through our dedicated link, eligible traders may access a high-rate XS cashback arrangement and reduce their effective trading costs.
Who Should Consider an XS Cashback Account?
- Traders planning to use XS regularly
- Scalpers and day traders
- EA users who generate a high number of trades
- Gold traders and active forex traders
- Traders who focus on total effective cost rather than spreads alone
In some cases, an existing regular account cannot be converted into a cashback-linked account after registration. For this reason, traders who have not yet opened an XS account should consider registering through the dedicated cashback link from the beginning.
How to Open an XS Cashback Account
- Open the dedicated XS registration link on this website
- Enter your email address, country of residence, and other required information
- Complete identity verification
- Select your preferred account type and MT4 or MT5
- Fund the account and begin trading
- Receive cashback according to the applicable rebate process
After registration, confirm that your account has been correctly linked to the cashback program. Rebate rates, eligible instruments, minimum holding periods, excluded trading methods, and payment procedures may vary by provider and jurisdiction.
Frequently Asked Questions About XS Account Types
Which XS account is best for beginners?
The Cent or Micro account may suit beginners who want to practise with small live positions. Traders who prefer a conventional trading environment and simple pricing may prefer the Standard account.
Which XS account is best for EAs?
Cent and Micro accounts can be useful for small-scale EA testing. Standard, Pro, and Elite accounts are more suitable for full-scale operation. Also confirm whether your EA requires MT4 or MT5.
Which XS account is best for scalping?
The Pro and Elite accounts are the main options for scalpers because they focus on tighter pricing. However, Elite account users should compare the raw spread and commission together.
Can I open multiple XS trading accounts?
XS may allow clients to add multiple trading accounts depending on their profile and jurisdiction. Separate accounts can be useful for discretionary trading, EA operation, strategy testing, or different risk settings.
Do cashback accounts have worse trading conditions?
The exact spread, commission, and trading conditions depend on the selected account type and partner arrangement. Before registering, compare the cashback rate, eligible instruments, holding-time requirements, and any differences from the standard account conditions.
Conclusion
XS offers several account types for different trading needs. Cent and Micro accounts are designed for small positions, the Standard account provides a balanced and accessible option, while Pro and Elite accounts focus on tighter pricing for active traders.
- Choose Cent or Micro for small-balance trading and live testing
- Choose Standard for general trading and straightforward pricing
- Choose Pro for tighter spreads without a separate commission
- Choose Elite for raw-style spreads and commission-based pricing
Traders who expect to use XS regularly may also benefit from opening an eligible cashback account. Receiving rebates based on trading volume can help reduce effective costs, especially for scalpers, day traders, gold traders, and EA users.
Because cashback eligibility may depend on how the account is originally registered, traders opening a new XS account should use the dedicated cashback link from the outset.
This article is provided for informational purposes only and does not constitute investment advice or a recommendation to trade any financial product. Forex and CFD trading involves a high level of risk and may result in losses exceeding the amount deposited, depending on the applicable product and jurisdiction. Account conditions, leverage, spreads, commissions, and cashback terms may change. Always review the latest information on the official XS website and the terms of the cashback service available in your country.
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