A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 8 | 35% |
| Company age | 45 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 100 | 12% |
| Offshore registration | 80 | 8% |
| Transparency (site/info/social) | 25 | 10% |
Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.
| Regulator | License type | License No. | Region | Status |
|---|---|---|---|---|
| FSCA | Derivatives Trading License (EP) | 53199 | South Africa | Regulated |
| ASIC | Inst Forex Execution (STP) | 374409 | Australia | Regulated |
| FSA | Derivatives Trading License (EP) | SD089 | Seychelles | Offshore Regulation |
| Account | Max leverage | Min. deposit | Min. spread | Commission | EA |
|---|---|---|---|---|---|
| Standard MT5 | 1:2000 | -- | 1.1 | -- | ✓ |
| Standard MT4 | 1:2000 | -- | 1.1 | -- | ✓ |
| Micro | 1:1000 | -- | 1.1 | -- | ✓ |
| Cent | 1:2000 | -- | 1.1 | -- | ✓ |
Across 23 recent Trustpilot reviews, 13% are 1–2 star. The single most common complaint is being unable to withdraw funds (12 reports) — the classic warning sign in forex. We also found 3 clone site(s) impersonating this brand — a frequent vehicle for scams.
0XS is a forex and CFD broker based in Mauritius, with records dating to 2022-09-22. It reports oversight from ASIC, FSA, FSCA.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
Finally, beware of impersonation: we tracked 3 clone website(s) copying XS. Always reach the broker through its verified official domain, never via links in ads or messages.
Overview compiled by FXCanary from regulatory records and public data. full XS review