XS Ltd Trading Review

XS Trading is a forex broker that offers trading on popular platforms such as MT4 and MT5, with a range of account types and flexible withdrawal options. However, user reviews have highlighted a mixed experience, with some praising the platform's fast execution and low spreads, while others have raised concerns about withdrawal issues and account terminations.

User Reviews Breakdown

Review Analysis

XS Trading receives overall positive feedback for its tight spreads, fast execution, and customer service. Many users also appreciate the availability of MT4 and MT5 trading platforms, as well as various deposit and withdrawal methods. However, exposure reviews focus on serious concerns, including withdrawal delays, account terminations, and profitable accounts being reversed.

Positive Feedback: Users generally commend XS Trading for its low spreads, easy-to-use platforms, and fast processing times for deposits and withdrawals. Many are satisfied with the customer service and the availability of account opening bonuses.

Exposure Feedback: The most critical reviews highlight issues with withdrawal requests being denied or delayed for long periods. One reviewer reported a forced closure of positions, while another mentioned reversed profits after a successful trade, citing the broker's use of “abuse of trading conditions” as a reason.

Selected User Comments:

1. Daniel6448 (Brazil)“I made a profit of $1400, but after requesting a withdrawal, I was told I had committed abuse in the negotiations. My profit was not paid out, and I was threatened with a 5% penalty.” (Exposure)
2. FX1088462982 (United Arab Emirates)“I made a profit of $127,888 after anticipating market changes but was told by XS that my strategy was considered 'abuse' of trading conditions. They reversed my profits and allowed only a partial withdrawal.” (Exposure)
3. Maverick Lu (Malaysia)“Trading with XS is amazing, and the chart tools are easy to use. Withdrawals are processed fast, making trading a thrilling experience.” (Positive)

Risks & Recommendations

Risk Warning: While XS Trading offers a variety of features and competitive spreads, withdrawal issues and account termination claims are concerning. Traders should carefully review the broker's terms and conditions, especially around withdrawals and the handling of profitable accounts.

Recommendation: If you are considering trading with XS, it is advisable to start with a demo account to familiarize yourself with the platform before committing larger funds. Always ensure you are aware of the withdrawal policies and potential fees that may apply.

What You Want to Know Most

Q1: Is XS Trading safe?

A1: XS Trading has received mixed reviews. While the platform is praised for its tight spreads and fast execution, there are serious concerns raised about withdrawal delays and account terminations.

Q2: How does XS Trading handle withdrawals?

A2: XS Trading has been criticized for delaying withdrawals and reversing profits for some users. It is important to review the withdrawal policies carefully.

Q3: Are there any bonuses offered by XS Trading?

A3: Yes, XS Trading offers account opening bonuses and has been known to provide promotions for both new and existing clients.

Q4: Can I trade Bitcoin on XS?

A4: Yes, XS Trading supports Bitcoin and other cryptocurrencies, providing opportunities for traders to trade digital assets alongside traditional forex pairs.

Q5: What are the spreads at XS Trading?

A5: XS Trading is praised for tight spreads, with some accounts offering spreads starting from 0.0 pips.

Q6: Is XS Trading regulated?

A6: XS Trading operates under offshore regulation, and traders should be cautious, as some reviews indicate issues with trading conditions and account management.