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Head to head

XChief vs XS.com

XChief has no licence we could confirm on a regulator's register. XS.com is licensed by CySEC in the European Union, ASIC in Australia and Labuan FSA in Malaysia (Labuan), and also has an offshore registration. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $0 at XChief (the xPRIME account needs $500) and $0 at XS.com. Both offer negative balance protection and segregated client money.

Facts last checked: XChief on 20 October 2026, XS.com on 20 October 2026.

XChief profileXS.com profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
XChiefRead the profile
XS.comOffshore registration onlyRead the profile
Comparing
XChiefxPRIME account
XS.comInternational

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Fomboni, Mwali (Comoros)
Eden Island, Seychelles (group companies in Cyprus, Australia, Malaysia and elsewhere)
Official websites
  • xchief.com
  • xs.com
  • xsmarkets.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
No licence listed
XS Ltd
Regulator
No licence listed
FSA Seychelles
International
Regulation level
No licence listed
Offshore registration only
Licence number
No licence listed
SD089 (Securities Dealer)
Check the register
Clients this company serves
No licence listed
Clients who open an account through xs.com
All licences held
None listed
  • FSA Seychelles (International)
  • CySEC (European Union)
  • ASIC (Australia)
  • Labuan FSA (Malaysia (Labuan))
Segregated client money
Yes
Yes
Negative balance protection
Yes
Yes
Compensation scheme
None
None for clients of XS Ltd (Seychelles); EU clients of XS Markets Ltd are covered by Cyprus's Investor Compensation Fund

Costs

Your monthly cost
$70$7 per lot × 10 lots
No accounts listed
Cost per lot (EUR/USD)
$7
No accounts listed
Spread from
0.0 pips
No accounts listed
Typical EUR/USD spread
0.1 pips
No accounts listed
Commission per lot (round turn)
$6
No accounts listed
Typical GBP/USD spread
0.3 pips
Not yet checked
Typical USD/JPY spread
0.2 pips
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Yes
Yes

Leverage and margin

Maximum retail leverage
Up to 1:1000 on forex (lower as account equity rises)
Up to 1:2000 (XS Ltd, dynamic); 1:30 on major pairs for EU retail clients
Retail leverage by asset class
  • Forex (equity under $3: 1:1000
  • Metals (equity under $3: 1:500
  • Commodities and indices (equity under $3: 1:50
  • Cryptocurrencies: 1:5
  • US shares: 1:2
Not yet checked
Margin call level
Not yet checked
40%
Stop-out level
30% (CENT, Classic+, DirectFX); 50% (xPRIME)
20%

Account

Minimum deposit (this account)
$500
No accounts listed
Base currencies
USD, EUR, GBP
No accounts listed
Execution
Market execution, MetaTrader 5, $3 / €3 / £3 commission per side on forex and metals
No accounts listed

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • xChief mobile app
  • MetaTrader 4
  • MetaTrader 5
  • XS Trading App
Markets
Up to 32 currency pairs, metals, commodities, indices, cryptocurrencies and 95 US share CFDs (xPRIME account)
CFDs on forex, metals, energies, indices, cryptocurrencies, futures and shares
Demo account
Yes
Yes
Copy trading
Yes
Yes
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Bank transfer (SWIFT
  • SEPA
  • FPS)
  • Cryptocurrency
  • Bank transfer
  • Visa and Mastercard
  • Skrill
  • Neteller
Withdrawal fee
The deposit page lists 0% for bank transfer and crypto; the agreement allows extra fees if you deposit and withdraw without trading
No XS fee; a fee of up to 3% can apply where there was no trading or abusive trading
Inactivity fee
$20 one-off, then $20 a month, while an account is inactive
Not yet checked

Support

Customer support
24/7 by live chat, Telegram, WhatsApp, Viber and email
Email support@xs.com and phone +248 432 3314

Our notes

Strengths
  • Four account types, including a cent account with no minimum deposit
  • Negative balance protection and segregated client money are stated in its risk disclosure
  • Leverage is cut automatically as account equity grows, which limits the size of positions on larger accounts
  • Group companies licensed by CySEC (412/22), ASIC (374409) and Labuan FSA, all checked on the regulators' registers
  • Negative balance protection and segregated client accounts are in the XS Ltd client agreement
  • No minimum deposit on Standard, Cent and Micro accounts, and published average EUR/USD spreads for each account
Watch out for
  • Says xChief Ltd holds Mwali International Services Authority (MISA) licence T2023379; we could not confirm it on MISA's register on 2026-10-20 (the register blocked automated access).
  • Says xChief ZA (Pty) Ltd is authorised by the FSCA as FSP 54829; we could not confirm it on the FSCA register on 2026-10-20 (the register could not be reached). That company only introduces clients; accounts are opened with xChief Ltd in Comoros.
  • Leverage up to 1:1000 and heavy use of bonuses, no-deposit offers and trading credits
  • Inactive accounts pay $20 and then $20 a month
  • Clients of xs.com join XS Ltd in Seychelles, an offshore licence with leverage up to 1:2000 and no compensation scheme
  • The ASIC licence covers wholesale clients only, and the CySEC company serves the EU through a different website
  • Says group companies hold licences from the FSCA (FSP 53199), FSC Mauritius (GB25204786), the UAE Capital Market Authority (20200000339) and Kuwait (513918); we could not confirm these on the regulators' registers on 2026-10-20 (FSCA and FSC sites unreachable, UAE and Kuwait not checked).

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • XS.com: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved.

Open this comparison in the full tool to share a link with your own accounts and companies chosen.

Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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