In the past couple of years, multi-asset trading has exploded in popularity due to the growing demand for diversified investment opportunities. The idea behind this strategic approach is that different asset classes behave dissimilarly under various market conditions, and combining them in a well-balanced portfolio helps mitigate risk and leads to long-term growth and higher profits. A full-service firm like XS, operating with the brand designation XS.com, can offer investment advice, make recommendations, and offer research support.
Brokers try to compete over multiple dimensions, such as price, product, and experience, and will unquestionably fail to be the best at all of them. XS knows that nobody wins when firms impose limits on platform innovation, customer service, and investor education, so they’re continuously searching for ways to stay competitive and meet the needs of the client base. Typing “XS.com” into a search engine brings up countless results, including a link to the news release about the “Top Trusted Broker” Award at the Middle East Financial Markets Awards Ceremony.
A Trusted Multi-Asset Broker, XS Is Publicly Traded And Regulated Across The Globe
If you want to begin trading financial markets, pick a company that is subject to regulatory oversight, like XS, to protect your money. When you open XS.com and scroll to the bottom of the page, you can see the multi-asset broker is governed by more than one financial regulatory agency, which means they must comply with multiple sets of rules to guarantee the safety of clients’ funds and provide fair trading conditions. XS is regulated under Tier 2 standards, which indicates they’re reliable.
Compliance is a complex process involving strict adherence to securities laws. XS maintains clients’ funds in separate bank accounts from the ones used for their corporate capital. You can receive compensation If the firm fails to return your assets, but it largely depends on which XS entity you’re engaging with. XS has several active licenses under various jurisdictions, such as:
- Australian Securities and Investments Commission (ASIC)
- Financial Services Authority of Seychelles (FSA)
- South African Financial Sector Conduct Authority (FSCA)
- Cyprus Securities and Exchange Commission (CySEC)
- Labuan Financial Services Authority (LFSA) in Malaysia
When executing a trade, all applicable fees and commissions are transparently detailed, so there are no surprises.
XS Supports MetaTrader 4 And MetaTrader 5 For Analyzing Financial Markets
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) enable XS to offer a wide array of financial instruments across various asset classes, including but not limited to equities, fixed income (bonds), cash and cash equivalents, commodities, real estate, and alternative investments – all in one place. Instead of opening separate accounts for each asset class, you can access everything in one unified interface. This simplifies the trading process and empowers you with real-time market data, analytical tools, and efficient execution.
It’s critical to have competent support at your beck and call to assist you with a query. XS provides timely support when you encounter issues or have questions, which gives you confidence browsing through MT4 or MT5. Though email is a powerful tool, you shouldn’t underestimate the importance of phone communication. XS’s dedicated customer support team will respond in a timely manner.
MetaTrader 4 is more suitable for beginner traders and those who want to improve their profits in the foreign exchange market, while MetaTrader5 brings new features and functionalities that cater to more advanced traders. Both MT4 and MT5 are compatible with Microsoft Windows and macOS; you can trade on the mobile apps using an Android or iOS device. Trading is free, but you’ll need to create a live account to get access. Select the account that best suits your trading style, whether it’s a Standard Account, a Pro Account, or a Classic Account.
At XS, You Have The Possibility Of Depositing Funds To Your Account In Several Ways
Without capital, even the most brilliant trading plan can fail. It’s the money you’re willing to risk directly, separate from your savings, emergency funds, and other financial commitments. At XS.com, you can deposit and withdraw funds swiftly, with minimal friction. The deposit methods provided by the online platform are easy to use and widely accepted – bank transfers, credit/debit card payments, electronic wallets (Skrill), and other online payment systems, such as Neteller.
XS may require proof of funds to limit opportunities for criminals to engage in money laundering. When providing a proof of funds document, certain information is required to be included, such as the bank’s name and address, the balance of total funds, and the signature of authorized personnel. In case you didn’t already know, XS makes a branded prepaid Mastercard available together with a mobile app, which is fully integrated into the client portal.
PAMM May Be A Good Choice For You If You Want To Leverage Your Expertise
PAMM is an acronym and it stands for Percentage Allocation Money Management. To be more precise, it’s a type of pooled money Forex trading in which investors deposit funds in traders’ accounts, often referred to as managers or masters. You can allocate your capital (or parts of it) to the trader of your choosing. XS’s PAMM solution is compatible with the MetaTrader 5 trading platform, therefore providing a powerful tool to investors and managers.
Let’s break down the process:
- Open a PAMM account, and as soon as you’ve been confirmed, deposit money to your account.
- Create a Trading Offer – Trading Strategy – and allocate a certain amount of your capital. The PAMM manager defines the requirements for investors to follow.
- Keep track of your investment’s progress. You’ll receive a share of the returns proportionate to your contribution to the PAMM account.
Concluding Remarks
Trading financial markets is a relatively complex task, and finding a good broker is the only way to enhance the experience. XS can help you put together a multi-asset portfolio that is rich in opportunities but also robust; of course, success depends on your risk appetite, which hinges on your maturity level and expectations. All in all, XS offers remarkable services across different continents, such as Europe, Asia, Australia, and Africa.