This guide explains XS, its features, account types, safety considerations, advantages and drawbacks, then shows how eligible readers can open an XS cashback account through the Discord community I run.
XS is a multi-asset forex and CFD broker supporting MT4 and MT5. Its products include currencies, precious metals, energy, indices, cryptocurrency CFDs and share CFDs. Account options such as Standard and Pro let you choose an environment for manual trading or automated trading with Expert Advisors (EAs).
Important: This English-language guide is for readers in jurisdictions where the relevant services may lawfully be used. Language does not determine eligibility. The contracting entity, leverage, products and promotions depend on your residence and client classification. Check XS’s current terms and the rules in your country before applying; an accessible website does not establish local authorization.
Forex and CFD trading carries a high risk of losing your capital. Cashback returns part of your trading costs; it does not guarantee profits or protect your principal.
What is XS?
XS is an international forex and CFD brokerage brand with group companies and related entities in several jurisdictions. It supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), with desktop, mobile and browser-based access.
A key feature is the choice of accounts, from the straightforward Standard account to cost-focused Pro and Elite accounts. XS also describes a dynamic leverage model in which available leverage changes with trading volume and position size.
| Item | Overview |
|---|---|
| Platforms | MT4 and MT5 |
| Main products | Forex, precious metals, energy, indices, cryptocurrency CFDs, share CFDs and futures CFDs |
| Main account types | Standard, Cent, Micro, Pro, Elite and VIP |
| Maximum leverage | Up to 1:2000 under the terms described in the source article; depends on account, instrument, position size and entity |
| Execution | Generally floating spreads and market execution |
| Automated trading | MT4/MT5 EAs, subject to the applicable trading terms |
Account specifications vary by residence, contracting entity, account, instrument and market conditions. Numerical conditions in this guide are indicative figures carried over from the source article, not confirmation of today’s offer. Check the current contract specifications before opening an account.
Seven main features of XS
1. Support for both MT4 and MT5
MT4 may suit traders with existing MT4 indicators and EAs, while MT5 offers additional timeframes and order features and supports broader multi-asset workflows. Choose the platform that fits your tools and trading needs; MT4 and MT5 EA files are not interchangeable.
In addition to desktop software, mobile apps and WebTrader allow you to monitor positions while away from your computer.
2. Dynamic leverage of up to 1:2000
The source article describes leverage of up to 1:2000 on eligible accounts. Dynamic leverage adjusts according to trading volume or exposure; this maximum is not available to every client or instrument.
Lower margin requirements can improve capital efficiency, but using them to take larger positions accelerates losses. Calculate lot size from your stop-loss distance and acceptable loss rather than routinely using the maximum leverage.
3. A choice of Standard and lower-spread accounts
Standard and Pro accounts are described as having no separate trading commission, while Elite combines tighter spreads with a separate commission.
Standard may appeal to beginners who trade less frequently. Frequent scalpers and EA users may compare Pro and Elite, taking overall costs and the strategy’s requirements into account.
4. A broad range of CFD instruments
XS offers major and minor currency pairs alongside metals such as gold, energy such as crude oil, indices, cryptocurrency CFDs, share CFDs and futures CFDs, subject to availability.
This can suit traders who want to follow multiple markets with one broker or expand beyond currencies into gold, indices and crypto-related instruments.
5. Automated trading with EAs
MT4 and MT5 support EAs, including existing strategies, monitoring of multiple currency pairs and VPS-based operation around the clock when markets are open.
EA support does not mean every trading method is permitted without restriction. Strategies exploiting latency, pricing errors or other breaches of the terms may be restricted. Review the client agreement before running an EA.
6. Published regulatory information for several jurisdictions
The source article refers to license information for XS group or related entities involving ASIC in Australia, CySEC in Cyprus, the Seychelles FSA, South Africa’s FSCA, Labuan’s LFSA and Mauritius’s FSC. Confirm the current entity and license details before relying on them.
Your contracting entity depends on residence and registration arrangements. Licenses held elsewhere in the group do not automatically protect your account. Check the specific contracting entity and applicable regulation shown during registration and in the client agreement.
7. Cashback on eligible trading
Opening an eligible account through our community may qualify you for volume-based cashback. For scalping and EAs, even small rebates per trade can affect cumulative trading costs over time.
Do not increase lot sizes or trade frequency merely to earn rebates. Prioritize your strategy and risk management, treating cashback as an additional benefit of trading you would otherwise undertake.
Comparing XS account types
XS offers several account types. The following comparison reproduces the indicative terms in the source article; these are not live quotes.
| Account | Main features | Indicative average EURUSD spread | Trading commission | Indicative minimum deposit |
|---|---|---|---|---|
| Standard | Straightforward account without a separate commission | 1.1 pips | None | No account-level minimum stated |
| Cent | Cent-denominated lots for smaller exposure | 1.1 pips | None | No account-level minimum stated |
| Micro | Small-scale trading using micro lots | 1.1 pips | None | No account-level minimum stated |
| Pro | Tighter spreads than Standard, without a separate commission | 0.7 pips | None | USD 500 |
| Elite | Raw spreads plus a separate commission | 0.1 pips | About USD 6 per lot, round turn | USD 500 |
| VIP | For larger-volume and professional traders | 0.1 pips | Instrument-specific | USD 100,000 |
Spreads fluctuate with liquidity, trading hours, economic releases and the instrument. Platform and product availability also differ by account. A payment method may have its own deposit minimum even when the account has none.
Compare Standard and Pro for cashback
Our community’s cashback arrangement primarily focuses on Standard and Pro accounts, subject to eligibility.
- Standard: Generally wider spreads than Pro, but a higher indicated cashback percentage and a straightforward structure.
- Pro: A lower cashback percentage but tighter underlying spreads, which may suit shorter-term trading.
Compare actual spreads, execution, instruments and holding time as well as the rebate rate. The relevant measure is your total trading cost.
How to assess XS’s safety and reliability
When evaluating a broker, review the operating entity, regulatory permissions, client-money arrangements and withdrawal terms, alongside leverage and promotions.
Multiple regulatory licenses
The source article lists ASIC, CySEC, FSA, FSCA, LFSA and FSC among the regulators associated with XS group or related entities. Such information can help identify the businesses behind the brand, but should be checked against current official records.
Applicable regulation, dispute resolution, compensation arrangements and maximum leverage depend on the entity you contract with. Distinguish group-wide licenses from the license that actually applies to your account.
Segregation of client funds
XS describes a policy of holding client money separately from its operating funds. Segregation is intended to reduce the risk of mixing client assets with money used to run the business.
Segregation is not a bank-deposit guarantee. Protection differs by entity and jurisdiction; limiting unnecessary cash held with a broker is also part of risk management.
Civil liability insurance
The source article describes an XS civil liability insurance program underwritten at Lloyd’s of London, with additional protection for certain claims involving negligence, fraud or omissions, referring to losses above USD 10,000 and a maximum of USD 5,000,000. Eligibility, thresholds, limits and exclusions depend on the actual policy and contracting entity; do not assume these amounts are guaranteed per client.
This is not insurance against trading losses. Market movements, EA losses, stop-outs and your own trading mistakes should not be treated as covered losses.
Advantages of using XS
- A choice of MT4 and MT5
- Several account structures, including lower-spread options
- CFD products beyond forex
- Dynamic leverage of up to 1:2000 may be available under eligible terms
- Support for EAs and indicators
- Cashback on eligible trading
- Published regulatory information for multiple jurisdictions
Drawbacks and points to check before using XS
Conditions vary by residence
XS’s international presence does not mean identical services are available everywhere. Some residents may be ineligible to register, and certain products or promotions may be unavailable. XS publicly lists restrictions including the USA, Iran and North Korea; consult the current, applicable restrictions rather than treating this as a complete list.
High leverage can amplify losses
Leverage of 1:2000 can enable substantial exposure with little margin, but a small market move may sharply reduce your margin level. Availability of high leverage is not a reason to use it.
Spreads are variable
The comparison table provides indicative spreads. Spreads may widen around rollover, the weekly market opening, major economic releases or abrupt market moves. For scalping EAs, check spreads during intended live trading hours instead of relying solely on fixed-spread backtests.
Cashback conditions can change
Rates, eligible accounts and instruments, processing times and withdrawal conditions may change with XS or its introducing broker (IB) program. Check the latest community announcement and applicable XS terms.
About our XS cashback accounts
The Discord community I run offers volume-based cashback to users trading on eligible XS accounts linked to the community.
Returning part of the trading cost can reduce effective costs relative to an account without rebates when the strategy, volume and underlying account conditions are the same. Confirm the actual account terms before comparing.
Cashback rates
The source article gives the following planned community rates. Confirm that they apply to your account and instruments before trading.
- Standard: approximately 40% of the spread
- Pro: approximately 20% of the spread
The rate can vary by account, instrument and trading conditions. Since spreads also fluctuate, cashback per lot is not necessarily constant. These are community-specific indicative terms, not a universal XS offer.
Use the calculator below for an estimate, and confirm current eligibility and instrument-specific rebate amounts with the community.
Where cashback is credited
Cashback is described as being credited to the Cashback Wallet in your XS Personal Area, rather than directly to the trading account.
The source article indicates a typical processing time of about 10 minutes after eligible trading. This is an estimate, not a guarantee; system conditions, instruments and eligibility can cause delays. If a rebate is missing, check the account’s community/IB linkage first.
Points to check when using cashback
- Confirm eligible account types and instruments in advance.
- Check the IB linkage after opening the account and before trading.
- Check whether hedging, very short holding periods or other trading patterns are excluded.
- Do not use excessive lot sizes simply to earn rebates.
- Check the latest community announcement together with the applicable XS terms.
Cashback can reduce costs but does not make a losing strategy reliably profitable. Assess the strategy’s results before rebates and treat cashback as an additional adjustment to net performance.
Benefits of registering through this website
Competitive cashback arrangements
Our policy is to return as much of the available IB remuneration as practicable to users and offer cashback terms that remain useful over time.
Broker and account coverage varies among cashback providers, so compare available XS registration routes and their actual terms. A claim of the market’s highest rebate rate would require a current comparison; no universal ranking is implied here.
Community-only promotions
Users who open an eligible XS cashback account through the community and meet the trading conditions may join promotions offering prizes, EAs, indicators or other tools, when such campaigns are available.
Details and entry requirements appear in the Discord campaign channel. Additional benefits for early registrants or continuing users may be introduced, but are not guaranteed.
Users who also have an eligible Exness cashback account may qualify for additional campaign or prize-draw benefits when the published rules provide for them.
How to open an XS cashback account
For eligible residents, the general process is as follows.
- Access XS using our community’s dedicated referral link.
- Register with your email address and actual country of residence.
- Submit identity and address documents and complete verification.
- Open an eligible Standard or Pro trading account.
- Confirm the cashback/IB linkage before trading.
- After funding the account, sign in to MT4 or MT5 to begin trading within your risk limits.
Step 1. Access XS through the dedicated link
If you are eligible, use the button below to access XS and register. Registering through the ordinary website or another referral link may not associate your account with our cashback program. The original referral URL is retained; select your preferred interface language on XS if needed.
Registration is unavailable in some countries and regions. Check the applicable service terms before proceeding.
Step 2. Register your account details
Enter your residence, email address, password and other required information. Your name and address must match your verification documents.
Step 3. Complete identity verification
Sign in to the Personal Area and submit the required identity and address documents. Accepted documents and validity requirements depend on your residence; follow the instructions displayed.
Step 4. Create a trading account
Select an eligible account type and create an MT4 or MT5 account where supported. Consider Standard if the indicated rebate percentage is important to you, or Pro if tighter underlying spreads are your priority. Compare the total cost in either case.
Step 5. Confirm the linkage before trading
Before placing trades, confirm that the new account is associated with our community’s cashback arrangement.
For help checking the linkage, send a Discord direct message with your trading account number. Do not send your password or verification documents.
Discord ID: zzz_slp_88178
Add this ID as a friend, then send a message.
If you already have an XS account
An existing XS account may not be eligible for reassignment to our community’s IB.
Ask XS support about permitted options before creating another profile. If XS expressly allows a separate account registered with another email address, follow its approved procedure and the dedicated link. Do not assume multiple profiles are permitted.
Simply opening an additional trading account under an existing profile may not establish the required cashback linkage. If unsure, contact us on Discord before registering.
Who may find an XS cashback account useful?
- Eligible traders planning to use XS for manual trading or EAs
- Frequent scalpers and day traders
- Regular traders in gold or major currency pairs
- Traders who want access to both MT4 and MT5
- Users seeking to recover part of their trading costs
- People interested in community EA and tool benefits
Who should avoid this type of account?
- People who do not understand forex and CFD risks
- Anyone planning to trade with essential living funds or borrowed money
- People seeking a capital-guaranteed financial product
- Anyone unable to confirm that the service and intended trading are permitted in their country of residence
Frequently asked questions about XS cashback
When is XS cashback credited?
The source article estimates about 10 minutes after eligible trading, with the credit appearing in the Cashback Wallet in the Personal Area. System or trading conditions may cause delays; confirm the current schedule.
Is cashback paid directly into the trading account?
It is described as going to the Cashback Wallet, not directly to the trading account. Check XS’s current instructions for transfers, use and withdrawals.
Can I convert my existing XS account to cashback?
An existing account may not be transferable to our community’s IB. Check with XS support or the community before creating another account through the dedicated link.
Can I use EAs with XS?
MT4 and MT5 EAs are supported, subject to the trading terms. Check the agreement in advance, especially for unusual strategies or high-frequency trading.
Should I choose Standard or Pro?
Standard may suit users prioritizing simplicity and the higher indicated rebate percentage. Pro may suit those prioritizing tighter underlying spreads. Compare total costs for your instruments and trading hours.
Does receiving cashback worsen my trading conditions?
IB cashback normally returns part of the remuneration the broker pays the introducing broker. Our arrangement is intended to preserve the corresponding account’s usual conditions, but compare spreads, commissions and execution for your specific entity and account; do not assume a blanket guarantee across all arrangements.
Conclusion: use cashback to reduce eligible XS trading costs
XS is a multi-asset broker offering MT4/MT5, several account types and a broad range of CFDs. The source article describes dynamic leverage of up to 1:2000, subject to eligibility and the applicable terms.
For scalping and EA strategies, small differences in spreads and commissions can materially affect results over time. Our community’s cashback arrangement lets eligible users recover part of those costs.
Rebates do not remove forex and CFD risks. Limit exposure, use stop-loss and lot-size controls, and trade only with money you can afford to lose.
Information and indicative figures follow the source article. Account terms, cashback rates, eligible instruments and legal availability may change. Confirm current XS terms, community conditions and the rules in your country before registering.
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