Brokers  /  XSTrades

XSTrades

High risk
🇻🇨 Saint Vincent and the Grenadines · 1-2 years · since 2024-10-28 · XS Trades LTD
ASICCYSECFSAFSCA
Visit site ↗
—/5
★★★★★ ★★★★★
0 reviews ›
4
Licenses ›
0
Withdrawal issues ›
$500
Min. deposit ›
1:500
Max leverage ›
5
Account types ›
55/100
Scam risk ›
1
Clone sites ›
Accounts: CENT MT5ELITE MT5 · $500ELITE MT4 · $500STANDARD MT5STANDARD MT4
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.31/10
Trustpilot—/5
Forex Peace Army—/5
55
High risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • Recently established — about 20 months old
  • Registered in Saint Vincent and the Grenadines (offshore, light oversight)
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing6835%
Company age7215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)10010%

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.

Company
Legal nameXS Trades LTD
Headquarters🇻🇨 Saint Vincent and the Grenadines
Founded2024-10-28
Years operating1-2 years
Employees0
Official websitexstrades.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
InstrumentsCurrencies Metals Crypto Energies Indices Futures Shares

Regulation & licenses · 4

RegulatorLicense typeLicense No.RegionStatus
CYSECForex Execution License (STP)412/22Cyprus—
ASICInst Forex Execution (STP)374409Australia—
FSCADerivatives Trading License (EP)53199South Africa—
FSADerivatives Trading License (EP)SD089Seychelles—

Account types · 5

AccountMax leverageMin. depositMin. spreadCommissionEA
CENT MT51:500 --1.1 (EURUSD)--✓
ELITE MT51:500$5000.1 (EURUSD)3✓
ELITE MT41:500$5000.1 (EURUSD)3✓
STANDARD MT51:500--1.1 (EURUSD)--✓
STANDARD MT41:500--1.1 (EURUSD)--✓

Review analysis AI

There aren’t enough independent reviews for XSTrades yet to draw firm conclusions. The lack of public feedback is itself a caution sign for a smaller or newer broker.

0
Period:

Real user reviews

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About XSTrades

XSTrades is a forex and CFD broker based in Saint Vincent and the Grenadines, with records dating to 2024-10-28. It reports oversight from ASIC, CYSEC, FSA, FSCA.

FXCanary’s verdict is “Elevated.” There are enough red flags that we’d urge caution before depositing.

Finally, beware of impersonation: we tracked 1 clone website(s) copying XSTrades. 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 XSTrades review