XS.COM Review: Is It a Reliable CFD Broker?
Were you looking for ways to start trading online when you came across XS.COM? Well, you’re not the only one.Many individuals nowadays opt for online trading as personal investments.And they look for top brokers to make the process as easy as possible for themselves.XS.COM is one of many brokers, but is it legitimate or a scam? This
XS.COM review will answer one of the traders’ most-asked questions: is XS.COM a reliable CFD broker?
What is XS.COM?
XS.COM is a CFD broker, which means it’s a financial intermediary enabling traders to speculate on the price movements of various assets without owning them directly.XS was established in Australia in 2010 and has recently joined the CFD realm.
The broker offers traders access to a wide range of assets and enough research tools to help novice and advanced traders.It’s been gaining a lot of attention in the online trading world.But how did the broker manage to do that?
Is XS.COM Reliable?
When considering the abundance of XS.COM positive reviews, we can’t help but question what makes XS.COM a reliable CFD broker.
Regulation Compliance
First of all, XS.COM adheres to regulations in multiple jurisdictions.The company has ASIC, CySEC, and FSA licenses in Australia, Cyprus, and Seychelles respectively.
These regulations reassure traders that XS.COM is
a legit CFD broker complying with global regulations.However, there are countries in which XS does not offer its services, such as the USA, Iran, and North Korea.
Insurance Coverage
Second, XS.COM offers users insurance protection to cover losses exceeding 10,000 USD and up to 5,000,000 USD against claims against omission, fraud, negligence, and other risks that may lead to the financial loss of users at no direct cost to users.
Global Presence
Third, XS.COM has a solid global presence.The broker has been to multiple events and seminars worldwide this year.From Jordan to the Philippines, XS is making sure to grow its connections around the globe.Not only that, but XS has won multiple awards, some of which are:
– BEST GLOBAL MARKET LEADER -The Dubai Forex Expo HQMENA, September 2023.
– TOP TRUSTED FINANCIAL BROKER -Middle East Awards Ceremony Smart Vision, September 2023.
All of this ensures XS.COM’s legitimacy.The rest of this XS.COM review will discuss the broker’s features and how they can benefit traders.
XS.COM Features’ Review
XS.COM reviews show that traders praise the broker for its abundance of features.From its wide range of available tradable instruments to easy deposit and withdrawal options, XS is gaining everyone’s heart.
Swift Registration Process
XS.COM is user-friendly from the very first step: registration.The registration process is quick and easy.
All you have to do is enter your email, phone number, and personal information.
That’s it.Once you’ve got your account, you’ll have to verify your identity, and then you can enjoy all the platform offers.
XS.COM’s Demo Account
Once you verify your account, you want to start trading.But, you’re new here.No problem.XS.COM welcomes and encourages newcomers.They offer the option of a demo account so you can familiarize yourself with the market without risking losing your money.
XS.COM: A Multi-Asset Broker
XS.COM offers traders access to shares, indices, metals, energy, crypto, currencies, and commodities.This multi-asset option is especially helpful for those exploring the online trading sea.
Moreover, this wide range of tradable instruments ensures traders diversify their portfolios, which is crucial in trading.You know how the famous saying goes, “Don’t put all your apples in one basket.”
Easy Deposits and Withdrawals
Now you’re thinking, you want to start using your own money.
How do you deposit and withdraw, then? The platform ensures a hassle-free deposit and withdrawal system, facilitating a seamless experience for users to initiate trading post-account funding swiftly.
XS.COM also offers multiple deposit and withdrawal methods, including bank transfers, credit/debit cards, and popular e-wallets catering to various user preferences.
XS.COM Reviews: Is XS.COM a Scam?
One of the most asked questions is, “
Is XS.COM a scam?”.The answer is no.However, it is only natural for people to ask this question as there are a lot of fraudulent websites in the online trading world.So, let’s take a look at people’s reviews of XS.COM.
XS.COM has a rating of 4.39 out of 5 stars on SiteJabber and 4.4 out of 5 stars on Trust Pilot.
An XS.COM user, Phiri said, “Unlike other competitors who often hype their services based on typical USPs, XS.com Broker places an unwavering focus on delivering an unparalleled client experience, and I am beyond impressed.”
Another user, Faisal, stated, “XS is a reliable alternative if you are looking for a platform for the long run.It should work out easily and they will not let you down, because;
– they are internationally popular and known as a serious institution
– they are professionals in this business so they pretty much covered what they could provide you with.
– safe and sound from the vantage point of regulatory practices and investor safety.”
XS.COM Conclusive Review
Despite skepticism in online trading, XS.COM is
a reliable CFD broker backed by positive user experiences, global recognition, and robust regulatory compliance.XS.COM user reviews on platforms like SiteJabber and Trustpilot reflect overwhelmingly positive sentiments.XS.COM strives to maintain its credibility and prioritize user satisfaction, making it a viable choice for traders seeking a reliable and secure trading platform..
