Do you have any idea of the regulations of this broker?

asked by Ossi T. on 12/4/23

2 Answers
Thumbnail of user gabrielr544

Sure, and I can even say more - you also can have the idea just by scrolling down the main page =)
No passive aggression, I just hint you where to check this information.
XS broker has a rather good list of regulations which allows it to operate within particular jurisdictions. It has a regulation from FSA, ASIC and CySEC, as far as I remember. ASIC allows to work within Aussie market, CySEC license is liable for the European jurisdiction. These two are considered to be very reliable entities as they supervise a plethora of decent brokers.

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Thumbnail of user diegov87

XS is a pretty transparent and honest broker in this regard.
At the bottom of their webiste, you can find all the regulations and licences they possess. Anyway, let me share it with you.
XS is regulated by three financial institutions:
- the Financial Services Authority of Seychelles (FSA)
- the Australian Securities and Investments Commission (ASIC), and
- the Cyprus Securities and Exchange Commission (CySEC).

All of these three regulation authorities are considered reputable in the industry and for this, XS can be trusted.

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