What Account Types and Fees Does XS Markets Offer?
| Account Type |
Target User Group |
Key Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, access to demo account |
Suitable for small-capital practice and learning trading |
| Professional Account |
Experienced traders |
Higher leverage options, tailored services |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Custom trading solutions, dedicated support |
Requires corporate documentation |
| Islamic Account |
Traders requiring swap-free accounts |
Compliance with Sharia law, no overnight interest |
Eligibility verified during account setup |
| Demo Account |
All traders |
Practice trading without risk |
Ideal for testing strategies and platforms |
Account Opening Process
To open an account with XS Markets, clients need to go through a straightforward process. This includes submitting personal information such as name, email, and phone number. Additionally, employment and financial information will be required to assess the client’s trading profile. Identity verification is mandatory, which involves providing a government-issued ID and proof of address. XS Markets offers flexibility, allowing clients to upgrade their accounts to a professional level in the future if they meet the necessary requirements.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
From 0.0 |
$3.00 per lot |
Tight spreads available for major pairs |
| CFDs (Stocks) |
From 0.7 |
$0 |
Competitive pricing for stock CFDs |
| CFDs (Indices) |
From 0.8 |
$0 |
Access to major indices with low fees |
| CFDs (Commodities) |
From 0.8 |
$0 |
Includes popular commodities like gold and oil |
Other Fees
XS Markets may impose various additional fees that traders should be aware of. These can include deposit and withdrawal fees, which may vary based on the payment method. Inactivity fees may apply if an account remains dormant for an extended period. Platform usage fees are generally not applicable; however, overnight interest (swap rates) may be charged depending on the positions held overnight. Currency conversion fees may also apply for deposits or withdrawals made in different currencies.
