Having an asset portfolio is no longer something out of the ordinary that only a small number of people have, as an ever-growing number of individuals are looking to make the most of their funds. Inflation and currency depreciation events have caused people to worry about the well-being of their capital, with many starting to look into the solutions that could help them. Investing is the best way to not just maintain value but acquire wealth as well, and have your money make you more money.
Since trading has become increasingly popular, there has been a higher influx of platforms where you can carry out your ventures in order to keep up with the demand. However, not all online trading spaces are created equal, and many of them are actually not as safe as they claim to be. If you want to be successful in this ecosystem, you must be careful what you choose. The only way to ensure you’re making the right call is to do your research and not settle until you’ve found the perfect platform for your portfolio.
If you’ve already commenced this endeavor, you’ve probably already come across XS.com. The broker has made a name for itself and earned a reputation for trustworthiness among investors from all over the globe. But what exactly is it, and is it really all that different from its peers?
What is XS?
XS is a multi-asset broker operating globally to provide traders with access to a wide range of financial products. Being able to integrate many different holdings into your portfolio will make it safer and more robust. Putting all your eggs in one basket and focusing on a single asset class leaves you vulnerable and prone to losses, as depreciation and inflation will make you lose a large portion of your capital. This is precisely where diversification helps. Moreover, a platform that provides access to a comprehensive range of holdings is fundamentally more trustworthy than one which only allows you to trade a handful of products.
XS.com was established in Australia in 2010 but has since conquered marketplaces worldwide and helped countless investors reach their financial goals. Its expertise and commitment to excellence have turned it into a global market leader in the FinTech industry and a well-known presence in the financial services and online trading ecosystems. It’s not just individual traders who use XS.com. Institutional investors can benefit from its deep liquidity and the latest developments in trading technology to polish their ventures.
Combined with an efficient and reliable user experience, both newcomers and veteran investors feel welcomed in the environment and community XS has created. Knowing that you’re supported at every step of the way gives you a unique kind of confidence that puts your mind at ease and allows you to focus on what’s essential: designing a trading strategy that is perfectly tailored to your financial needs and goals.
XS mission
You can learn a lot about a company by having a look at its ethos and what it considers to be its purpose. While most enterprises begin by wishing to deliver unique products and services to their customers, their goals typically shift over time, as they become more focused on profits instead. This is generally accompanied by a diminished commitment to their customers, but becoming lax in their standards makes them very likely to lose a considerable portion of their loyal customer base. XS.com has never fallen prey to this scenario.
Since the very beginning, the platform’s aim has been to empower traders with the knowledge and tools needed in order to not just survive in the trading world, but thrive and achieve all their goals. Since the trading environment is known as being highly competitive, investors require comprehensive solutions that cater to all levels and address everyone’s concerns. XS.com offers these solutions, enabling traders to have positive experiences and be successful in their endeavors.
XS.com core values
The commitment to excellence is the most crucial thing for XS, as they strive to be the best of the best at what they do. From the reliability of the trading tools to the quality of the educational resources, you can be sure that XS.com wants to deliver only the highest standard of excellence to all users. Since the ecosystem is continuously changing and innovating, the platform focuses on development as well in order to maintain its competitive advantage and ensure it keeps up with the market. Integrity is also a pillar of every single one of their operations.
This feature is significant as every single service that uses a large amount of money must be honest and be able to provide its clients with a positive experience overall. Fairness and transparency are must-haves when it comes to trading, and you should never trust an exchange that doesn’t prioritize these characteristics. Although trading is an endeavor that deals with technical aspects and fixed numbers, XS.com has made creativity one of the most meaningful parts of its company culture. This also means that the human element is of particular importance for the company as well.
Both traders and business partners are empowered with the knowledge and tools they need in order to keep up with the dynamic trading world, and the company focuses on hiring some of the brightest minds in the industry in order to improve their services and procedures. The team at XS.com is passionate about financial markets and understanding their intricacies. Both people with several years of experience in the environment and those who are fresh out of education or training work side by side to create trading solutions that are both based on facts and creative enough to ensure the best results.
XS Regulatory framework
Any self-respecting trading platform will be able to present its licensing in a transparent manner that leaves no doubt regarding the fact that it operates within the law. XS.com is regulated by authorized entities and leading governing bodies from all over the world. As the company has offices in many jurisdictions, it had to work with reputable financial jurisdictions in order to carry out its operations. Regulatory compliance is an absolute must when it comes to trading as it guarantees accountability, provides you with legal protections within the legislative framework, and guarantees that you aren’t walking into a trap.
If you come across a trading platform that seems perfect in theory, make sure to check their licensing as well. If they’re not transparent about it or the authorization they hold doesn’t seem to have been created by a legitimate and relevant authority, it is better to look somewhere else. Although you might think things are in order, you could end up having your funds removed without your consent or your personal data used for nefarious purposes by unauthorized parties. XS Ltd is registered under the laws of Seychelles, being recorded at an office in Eden Plaza, Eden Island. The Financial Services Authority is the regulatory body responsible for the licensing, regulation, and compliance requirements of businesses operating in the non-bank financial services sector within the Seychelles.
XS Prime Ltd is registered in Australia with the company number 141 194 934, having an office in Sydney. The ASIC (Australian Securities and Investments Commission) regulates the entity there, being responsible for companies, financial and credit services, as well as the larger financial market operating in Australia. There’s also XS Markets Ltd in the Republic of Cyprus, with an office in the eastern suburb of Germasogeia, in Limassol, a city on the southern coast of Cyprus.
In Malaysia, there’s XS Finance Ltd, regulated by the Financial Services Authority of the island federal territory of Labuan, commonly referred to as LFSA. Lastly, XS ZA (Pty) Ltd is registered as per the laws of South Africa with the company number 2023/608801/07. The registered office can be found in Centurion, Gauteng. The FSCA (the Financial Sector Conduct Authority) is responsible for supervision in this jurisdiction, with the aim of enhancing the efficiency and integrity of financial markets as well as offering support for customers. Promoting fair treatment in the industry is also part of their duty towards the public.
XS.com is not available to residents operating in North Korea, Iran, and the United States.
XS.com advantages
When it comes to choosing a trading platform, you will definitely want to make sure that the advantages and benefits it brings are what you’re looking for. This aspect is necessary in order to have a positive experience overall. As XS.com has multiple valid licenses regulated by entities from all over the globe, you can be certain that your funds will always be safe. Security is also a top priority for XS, so you can be sure that not only your money but also your personal credentials are safe and sound.
XS.com provides you with access to global markets so that you can expand your financial horizons, and the advanced trading technology offers real-time data, technical indicators, and charts that you can personalize to fit your specific strategy. The multilingual customer support, straightforward registration process, and premium trading conditions mean that XS caters to traders of all levels to provide the best possible experiences.
Becoming an investor is no simple task, as there are so many things you need to consider. Make sure you work with a reliable platform to improve your odds of success as much as possible.
