Is XS safe?

I opened an MT5 account (1131884) with XS on Dec6, 2024 depositing $38,000. After Donald Trump’s election on December 5, I anticipated a rise in U.S. equity markets and gold prices, resulting in profits of USD 127,888. On January 23, 2025, XS terminated my account, citing "abuse of trading conditions" and a "swap arbitrage strategy." My subsequent withdrawal requests from January 22-24 were declined. Despite my complaint, XS sent a final email on February 10, 2025, reversing my profits and permitting only an $18,000 withdrawal from my original deposit. I firmly contest their claim: 1. My account had no future contracts; thus, no swap arbitrage was possible. 2. My profits stemmed from investment strategies, not from any form of abuse. 3. If I had suffered losses, would XS refund them citing the same reason? Their issues arise from profitable traders and their B-booking model. 4. I have accounts with other brokers where I've pursued similar investments without issue. Stay away from XS

Hello, I have a balance in my account of over 24 thousand dollars and the broker does not allow me to make withdrawals. They have requested several documents and all have been sent. Now they ask me to wait for an analysis, but this analysis has been going on for more than 39 days and I have not received any response or update.

On August 20th, the platform forcefully closed my positions under normal circumstances. At that time, I was holding about 0.5 lots of Bitcoin, 0.1 lot of gold, and 0.1 lot of crude oil. After the abnormal liquidation of orders by the platform, I contacted them, but they did not respond for several days. Later, they admitted it was a system issue but refused to offer compensation or resolve the problem.