XS Markets
Abstract：Founded in 2016, XS Markets is a Cyprus broker regulated by CySEC. Its products include forex CFDs, commodities CFDs, CFDs on indices, CFDs on shares, and CFDs on metals. XS Markets offers demo accounts and the MT4 for clients. The leverage is up to 1:30, and the minimum deposit is EUR 200 for transactions.
| XS Markets Review Summary | |
| Founded | 2016 |
| Registered Country/Region | Cyprus |
| Regulation | CySEC |
| Market Instruments | Forex, commodities, metals, indices, shares |
| Demo Account | ✅ |
| Leverage | Up to 1:30 |
| Spread | From 0.0 pips |
| Trading Platform | MT4, MT5 |
| Minimum Deposit | EUR 200 |
| Customer Support | Live chat, contact form |
| Tel: +357 25249600 | |
| Email: support@xsmarkets.com | |
| Address: 247, Franklinou Rousvelt, Block B, 1st floor, 3046, Limassol, Cyprus | |
| Regional Restriction | the USA, Canada, France, Belgium and the UK |
Founded in 2016, XS Markets is a Cyprus broker regulated by CySEC. Its products include forex CFDs, commodities CFDs, CFDs on indices, CFDs on shares, and CFDs on metals. XS Markets offers demo accounts and the MT4 for clients. The leverage is up to 1:30, and the minimum deposit is EUR 200 for transactions.
Pros and Cons
| Pros | Cons |
| CySEC regulation | Regional restriction |
| Various trading products | Only two types of accounts |
| Demo accounts available | |
| Multiple contact channels | |
| MT4 and MT5 support |
Is XS Markets Legit?
| Regulated Authority | Cyprus Securities and Exchange Commission (CySEC) |
| Current Status | Regulated |
| Regulated Country | Cyprus |
| Regulated Entity | XS Markets Ltd |
| License Type | Straight Through Processing (STP) |
| License No. | 412/22 |
What Can I Trade on XS Markets?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Metals | ✔ |
| Bonds | ❌ |
| Futures | ❌ |
| Options | ❌ |
| Cryptocurrencies | ❌ |
| ETFs | ❌ |
Account Type
| Account | Trading Platform | Minimum Deposit |
| Standard | MT5 | EUR 200 |
| Raw | MT5 | EUR 500 |
Leverage
The leverage for both accounts is 1:30. The use of leverage can both maximize profits and increase losses at the same time.
| Account | Leverage |
|---|---|
| Standard | 1:30 |
| Raw | 1:30 |
XS Markets Fees
| Account | Spread | Commission |
| Standard | From 0.7 pips | $0 |
| Raw | From 0.0 pips | $3 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, web, mobile | Beginners |
| MT5 | ✔ | PC, web, mobile | Experienced traders |
Deposit and Withdrawal
| Payment Options | Minimum Deposit | Maximum Deposit | MinimumWithdrawal | Maximum Withdrawal |
| Bank Transfer | €200 | Unlimited | €200 | Unlimited |
| Visa & MasterCard | €15/$15 | €5,000 or equivalent | €25 | €5,000 or equivalent |
| Skrill | €10 | €15,000 or equivalent | €25 | €1,5000 or equivalent |
| Neteller | €10 | €15,000 or equivalent | €50 | €1,5000 or equivalent |
| Mifinity | €15 | €2,500 or equivalent | €15 | €2,500 or equivalent |
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