XS.com

7 legal entities are on file for this firm, across 7 jurisdictions. The strongest supervision on file is Tier 1.

Caution means: The group holds a licence we could verify, but the record shows a caveat you have to read: an offshore entity in the same structure, a registration that is not a financial licence, or leverage well above tier-1 retail caps.

LAST CHECKED: 2026-09-15
ENTITIES: 7
JURISDICTIONS: 7
BEST TIER: T1
CONFIDENCE: HIGH
REGISTER SYNC: 2026-11-05

Jurisdiction gap — read this before you deposit

Holds a tier-1 licence (ASIC) alongside 6 other live entities. Which one your account sits under determines the protection you get.

A group can hold a tier-1 licence and still onboard you through an offshore entity in the same structure. The licence protects clients of the entity that holds it — not every client of the brand. Check which company name appears on your own client agreement, then look that company up in the table below.

Entity-by-entity licence record

One row per legal entity in this firm's structure. Numbers are reproduced exactly as published; every row links to the source we read them from.

Legal entity	Authority / registry	Number	Jurisdiction	Tier	What it is	Source
XS Prime Ltd (Australian company number 141 194 934)	ASIC	374409	Australia	T1	Financial licence	xs.comhttps://www.xs.com/en/company/regulations/
XS Markets Ltd (Cyprus registration HE 386563)	CySEC	412/22	Cyprus	T2	Financial licence	xs.comhttps://www.xs.com/en/company/regulations/
XS ZA (Pty) Ltd (registration 2023/608801/07)	FSCA	FSP 53199	South Africa	T2	Financial licence	xs.comhttps://www.xs.com/en/company/regulations/
XSTrade Financial Consultation L.L.C (company 1495925)	UAE Securities and Commodities Authority (SCA)	20200000339	United Arab Emirates	T2	Financial licence	xs.comhttps://www.xs.com/en/company/regulations/
XS Ltd (Seychelles company 8428765-1)	FSA Seychelles	SD089	Seychelles	T3	Financial licence	xs.comhttps://www.xs.com/en/company/regulations/
XS Finance Ltd (Labuan company LL17310)	Labuan FSA	MB/21/0081	Malaysia (Labuan)	T3	Financial licence	xs.comhttps://www.xs.com/en/company/regulations/
XS Trade Services Ltd (Mauritius company 224974)	FSC Mauritius	GB25204786	Mauritius	T3	Financial licence	xs.comhttps://www.xs.com/en/company/regulations/

Scroll the register sideways — the entity column stays pinned.

Paste any number above into the named authority's own search. If a number a firm advertises does not return that firm on the authority's register, treat the claim as unverified.

What the record says

Statements of fact drawn from the entities above. Each one is checkable against a source URL in the licence table.

F01XS.com's regulations page names seven group entities, including XS Prime Ltd under ASIC licence 374409 and XS Markets Ltd under CySEC licence 412/22.
F02XS Ltd, the Seychelles entity operating www.xs.com, holds FSA Seychelles securities dealer licence SD089 under company number 8428765-1.
F03The group also lists FSCA South Africa FSP 53199, Labuan FSA licence MB/21/0081, FSC Mauritius licence GB25204786, UAE SCA licence 20200000339 and a Kuwait authorisation numbered 513918.
F04XS states its website is not directed at residents of the United States, the European Union, Australia, Japan and other restricted jurisdictions.
F05XS notes that investor compensation scheme coverage varies depending on which group entity a client contracts with.
F06XS.com's story page states the XS Group was 'Established in Australia in 2010' and its safety page repeats 'Since 2010, the XS Group has been providing traders, institutional investors, and brokers worldwide with access to deep institutional liquidity' (https://www.xs.com/en/company/story/).
F07XS Ltd's Client Services Agreement (the Seychelles entity operating www.xs.com) states client money is promptly placed in accounts 'which are segregated from the Company's own accounts' (clause 17.3) and that 'The Client will not be required to cover losses exceeding his invested capital as the Company applies a negative balance protection policy', subject to a 'Negative Balance Protection Abuse' carve-out in paragraph 31 (https://www.xs.com/docs/Client_Services_Agreement_XS_Ltd.pdf?v=1.4).
F08XS's preferred-account index publishes an 'Average spread (EURUSD)' of 1.1 pips for the Standard, Cent and Micro accounts, all with no minimum deposit, and the Standard account spec table lists 'Maximum Leverage: 1:2000' (https://www.xs.com/en/accounts/account-types/).
F09XS.com's own press release states the group acquired Ubutyebi Financial Services, a licensed Financial Service Provider regulated by the FSCA, establishing XS ZA (Pty) Ltd under FSP licence 53199 to offer FX and CFD products in South Africa and other African nations (https://www.xs.com/en/media/xs-press-releases/xscom-strengthens-african-presence-with-south-african-license-acquisition).

Not verified at last check

Recorded openly rather than filled with a plausible guess. A blank on this register means we could not confirm it on 2026-09-15.

not verifiedfounding year
not verifiedheadquarters
not verifiedminimum deposit
not verifiedmaximum leverage
not verifiedEUR/USD spread
not verifiedsegregated funds
not verifiednegative balance protection
not verifiedexact account tier names
not verifiedfounded — recorded as 2010 from the broker's own story page ('Established in Australia in 2010'); the ABN register shows the ASIC entity (ACN 141 194 934) has been active since 18 Dec 2009 under earlier names (trading name 'Emission Capital Management Ltd' from 18 Dec 2009; renamed Acquacap Ltd in Jan 2021 and XS Prime Ltd in Nov 2022 per the ABN history page) (https://abr.business.gov.au/ABN/View/92141194934)
not verifiedhq — the group publishes no single headquarters city; the recorded value is the registered office of XS Ltd, the entity operating www.xs.com (F20, 1st Floor, Eden Plaza, Eden Island, Seychelles); the other group entities' registered offices (Sydney, Limassol, Centurion, Dubai, Labuan, Ebene) appear on the regulations page
not verifiedmaxLeverage — 1:2000 is from the global site's account pages (issuer XS Ltd, Seychelles); clients of the CySEC entity (XS Markets Ltd) and the ASIC entity (XS Prime Ltd) are subject to statutory retail leverage caps (e.g. ESMA 1:30 in the EU), and the global site states it is not directed at EU, AU, UK, US or JP residents
not verifiedminDeposit — $0 applies to the Standard/Cent/Micro/Classic/Extra/Plus accounts; Pro and Elite require USD 500 and VIP requires USD 100,000 (per the broker's account pages, checked 20 Aug 2026)
not verifiedspreadEurusd — 1.1 is the published 'Average spread (EURUSD)' for Standard/Cent/Micro (spread-only); the broker publishes 0.7 for Pro and Copy Pro, 0.1 for Elite/Plus/VIP (commission accounts), 1.6 for Classic and 2.1 for Extra
not verifiedaccountTypes — 'Demo' is inferred from the 'Demo Accounts: ✓' row in the Standard account spec table; a dedicated demo page was not located (checked 20 Aug 2026)

Account conditions on file

As published by the firm. Blank fields were not confirmed.

Incorporated: 2010
Registered office: Eden Island, Seychelles
Minimum deposit: 0 USD
Leverage offered: up to 1:2000
Quoted EUR/USD spread: 1.1 pips
Trading systems: MT4 · MT5 · XS mobile app
Account tiers: Standard · Cent · Micro · Pro · Elite · VIP · Classic · Extra · Plus · Copy Standard · Copy Pro · Demo

Leverage above a tier-1 retail cap is normally only available through an offshore entity. If the figure above is far above 1:30, check which entity is offering it in the licence table.

Sources

Every URL below was read before this record was published.

Publisher	Document	RETRIEVED
FSC Mauritius	XS Trade Services Ltd (Mauritius company 224974) — Mauritiushttps://www.xs.com/en/company/regulations/	2026-09-15

Register office

Checked by: Priya Nair · Register office · Regulation & Safety Lead

Every entity row on this record was checked against the authority's own database or the firm's own published legal page. Where no number was published, the field is left as “not verified” rather than filled.

Record summary

Register ID: BW-4108
Status: Caution
Entities on file: 7
Best tier held: T1
Supervised by: ASIC, CySEC, FSCA, UAE Securities and Commodities Authority (SCA), FSA Seychelles, Labuan FSA, FSC Mauritius
Jurisdictions: Australia, Cyprus, South Africa, United Arab Emirates, Seychelles, Malaysia (Labuan), Mauritius
Record confidence: high
Last checked: 2026-09-15
Register sync: 2026-11-05

Verify this yourself

Open your client agreement and find the company name on it.
Find that exact company name in the entity table on this page.
Open the authority named on its row and search the number printed here. The entity should return as authorised.
If your agreement names a company that is not on this record, treat the structure as unverified and tell the register office.