XS Markets Account Type

XS Markets offers two distinct types of trading accounts tailored to meet the varying needs and expertise of traders:

• Standard Account:
• Minimum Deposit: €200
• Spreads: Starting from 0.8 pips
• Commission: None
• Maximum Leverage: 1:30
• Trading Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Trader, Mobile Apps
• Suitable For: Novice traders seeking straightforward access to the market without commission charges.
• Raw Account:
• Minimum Deposit: €500
• Spreads: Starting from 0.0 pips
• Commission: $3 per lot per side
• Maximum Leverage: 1:30
• Trading Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Trader, Mobile Apps
• Suitable For: Experienced traders requiring deep liquidity and ultra-tight spreads.

Both account types provide access to a variety of trading instruments, including forex, metals, shares, indices, and commodities, allowing traders to engage in diverse market strategies.

XS Markets Broker Account Opening Process

Opening an account with XS Markets is a straightforward process that involves the following steps:

• Register:
• Complete the registration form, providing essential personal information and selecting the preferred account type.
• Verify:
• Verify your identity by uploading required documents, such as proof of identification (passport or driver's license) and proof of address (utility bill or bank statement).
• Fund:
• After successful verification, fund your trading account using various payment methods, including bank transfers, credit/debit cards, and e-wallets.
• Trade:
• Once your account is funded, you can start trading a wide range of instruments offered by XS Markets through their advanced trading platforms.

These steps ensure a smooth onboarding experience for traders, allowing them to quickly access the global markets.

Source: XS Markets