Rating Index
Pros
Well-regulated by Chinese authorities, providing a level of trust and security for traders.
Offers a variety of financial instruments including forex, CFDs, commodities, and indices, catering to diverse trading preferences.
Established presence since 1995, indicating experience and stability in the forex and CFD industry.
Cons
Does not support popular trading platforms like MT4 or MT5, which may limit functionality for some traders.
Lack of client insurance, which could expose traders to higher risks in case of broker insolvency.
Mixed reviews on customer support and execution speed, suggesting potential challenges in service quality.
xds broker Accounts
DXS Account Type
DXS offers several types of accounts to cater to different trading needs. The primary account types include:
- Standard Account:
- Minimum Spread: 0.1 pips
- Commission: 0.1% per side (entry and exit of trade)
- Long Swap: -5.8
- Short Swap: 0.8
- Lot Size: 100
- Minimum Contract Size: 0.01 lots
- Maximum Contract Size: 50 lots
- Leverage: Up to 1:5
- Raw Account:
- Minimum Spread: 0.1 pips
- Commission: 0.1% per side (entry and exit of trade)
- Long Swap: -5.8
- Short Swap: 0.8
- Lot Size: 100
- Minimum Contract Size: 0.01 lots
- Maximum Contract Size: 50 lots
- Leverage: Up to 1:5
Choose Account Type: Decide between a Standard Account or a Raw Account based on your trading style and needs.
Complete the Application: Visit the DXS website and fill out the online application form. You will need to provide personal information such as:
- Full Name
- Address
- Social Security Number (or Tax Identification Number)
- Date of Birth
- Employment Information
Verification: Submit any required identification documents for verification. This may include a government-issued ID or proof of address.
Fund Your Account: After your application is approved, fund your account via bank transfer, wire transfer, or other available methods.
Start Trading: Once your account is funded, you can begin trading on the DXS platform, which includes MT5 and TradingView.
Both account types allow trading in AUD and are regulated by Eightcap Pty Ltd (ASIC), Eightcap Global Limited (SCB), FCA, and CySEC.
DXS Broker Account Opening Process
To open a broker account with DXS, follow these steps:
For more detailed information, visit DXS Trading.
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