XS.com regulation & licences
Licences on record 4
1 Tier 1 — top-tier regulation
2 Tier 2 — strong regulation
3 Tier 3 — moderate regulation
4 Tier 4 — light / offshore
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
XS.com is a forex & CFD broker founded in 2010 and headquartered in Australia.
In our database XS.com is matched to 4 licences from ASIC, CySEC, Labuan FSA and FSA (Seychelles). The strongest of these, the ASIC (Australia) is among the regulators we classify as tier 1 — regulators that combine high capital requirements with meaningful retail protections.
Like many international brands, XS.com combines onshore and offshore entities. Clients in the UK, EU or other markets where it holds a strong licence are usually onboarded there, while clients elsewhere may be placed with its Labuan FSA-licensed company or its FSA (Seychelles)-licensed company. The protections differ substantially, so check which company is named in your client agreement.
Depending on the entity, eligible clients may be covered by Investor Compensation Fund (ICF) (CySEC). Negative balance protection is mandatory for retail clients under ASIC and CySEC rules. Retail leverage caps apply at the ASIC and CySEC-regulated entities (for example 30:1 on major FX pairs at ASIC).
XS.com offers MT4 and MT5.
Regulatory strengths
- Licensed by 1 tier-1 regulator (ASIC)
- Operating for about 16 years
- Compensation scheme available at CySEC entity
- Negative balance protection required at some entities
Points to check
- International clients may be onboarded to offshore entities (Labuan FSA and FSA (Seychelles))
Protection by entity
| Regulator | Compensation | Retail leverage | Negative balance protection | Disputes |
|---|---|---|---|---|
| 1 ASIC | No statutory compensation fund for OTC derivatives; complaints go to AFCA | 30:1 on major FX pairs for retail clients since March 2021 | Required for retail clients | Australian Financial Complaints Authority (AFCA) |
| 2 CySEC | Investor Compensation Fund (ICF) — up to €20,000 | 30:1 on major FX pairs (ESMA rules) | Required for retail clients | Financial Ombudsman of Cyprus |
| 3 Labuan FSA | No compensation scheme | No statutory cap | Not a regulatory requirement | Labuan FSA |
| 4 FSA (Seychelles) | No compensation scheme | No statutory cap | Not a regulatory requirement | FSA Seychelles |
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XS.com regulation FAQ
Is XS.com regulated?
Yes — in our database XS.com is matched to 4 licences: ASIC (Australia), CySEC (Cyprus), Labuan FSA (Malaysia (Labuan)) and FSA (Seychelles) (Seychelles). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.
Is XS.com a tier-1 regulated broker?
XS.com holds 1 licence from regulators we classify as tier 1: ASIC.
Does XS.com accept US clients?
XS.com is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so XS.com generally cannot accept US retail forex clients.
Is my money protected with XS.com?
Clients of XS.com's CySEC-regulated entity may be eligible for statutory compensation (Investor Compensation Fund (ICF) — up to €20,000). Clients of other entities rely on segregation of funds and the firm's financial strength.
How can I verify XS.com's licence?
Find the company name and licence number in XS.com's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.