This article explains how XS Forex spreads differ by account type (1.1 vs 0.7 vs 0.1 EURUSD averages), when commissions apply, how MT4/MT5 eligibility changes your options, and how to open and connect an XS account on MetaTrader.
Spreads comparison of XS's account types & platforms Table of Contents
- How to read spread comparisons in Forex
- Platform basics: where MT4 and MT5 matter in spread comparisons
- XS spread tiers at a glance (EURUSD benchmark)
- Account-by-account spread comparison with platform fit
- Standard Account (preferred tier)
- Cent Account (preferred tier, MT5-only)
- Micro Account (preferred tier, MT5-only)
- Pro Account (professional tier, tighter spread without commission)
- Elite Account (professional tier, raw spread + fixed commission)
- VIP Account (professional tier, raw spread + commission)
- Classic Account (partner special tier)
- Extra Account (partner special tier)
- Plus Account (partner special tier, raw spread + tiered commission)
- Copy Trading account types (MT5-only)
- What the numbers mean in real Forex trading
- MT4 vs MT5 choice: spread impact in practice
- Practical selection guide for Forex traders
- Key takeaways for XS spread comparisons in Forex
- How to Open an XS Forex Trading Account Step by Step
- Start with the XS registration page
- Complete the information XS requires for a Forex trading account
- Submit KYC verification documents
- Wait for approval and account activation
- Choose your trading account setup: account type and platform access
- Download MT4 or MT5 the XS way
- Log in and connect your XS trading account on MT5 Web
- Log in and connect on MT4 (example: MT4 for Mac)
- Understand what “account opening” really includes for Forex trading
- Demo accounts during onboarding
- Deposit readiness and minimum deposit rules
Spreads are the core “entry cost” in Forex. Every time you open a position, you start with a small negative P/L because you buy at the ask and sell at the bid. That gap is the spread. On XS, the spread structure changes by account type more than by the trading platform you use. In other words, MT4 and MT5 are your execution and charting interfaces, while your account type controls whether you pay a wider spread with no commission, or a tighter spread with a commission.
How to read spread comparisons in Forex
Spread size is only half the cost
In Forex cost math, two pricing models are common:
- Spread-only pricing: the spread is wider, and there is no extra commission.
- Raw-spread pricing + commission: the spread is tighter, and a commission is charged (often per lot, round turn).
On XS, you can see both structures across the lineup: some accounts show a fixed “no commission” model, while others show raw-style pricing with a round-turn commission.
“Average EURUSD spread” is a benchmark, not a guarantee
XS publishes average spread (EURUSD) for each account type. In real trading, spreads are variable and move with liquidity and volatility, but the average is still useful for comparing account tiers because it’s the same benchmark across accounts.
A quick way to compare accounts
For the same pair (EURUSD):
- A 1.1 pip average spread tier is typically a “simpler pricing” tier (no commission).
- A 0.7 pip average spread tier is a tighter spread tier (still no commission on XS Pro / Copy Pro).
- A 0.1 pip average spread tier is a raw-style tier where commission is part of the deal (Elite, VIP, Plus).
Platform basics: where MT4 and MT5 matter in spread comparisons
A common assumption is “MT4 has tighter spreads than MT5” or the other way around. On XS, the spread structure is defined by the account type, not by MT4 or MT5 alone. However, the platform still matters because some account types are tied to MT5 only.
Here’s the practical split on XS:
- MT4 + MT5 account access: Standard, Pro, Elite, Classic, Extra, Plus.
- MT5-only access: Cent, Micro, VIP, Copy Standard, Copy Pro.
So the platform does not “improve” the spread by itself, but it can limit which account types you can use, which indirectly affects your spreads and commissions.
XS spread tiers at a glance (EURUSD benchmark)
XS publishes an average EURUSD spread for each account type. The cleanest way to compare is to group them by spread tier.
Spread tier around 1.1 pips (no commission)
These are the preferred-style and copy standard tiers:
- Standard: 1.1 average EURUSD spread; no commission.
- Cent: 1.1 average EURUSD spread; no commission.
- Micro: 1.1 average EURUSD spread; no commission.
- Copy Standard: 1.1 average EURUSD spread; no commission.
Spread tier around 0.7 pips (no commission)
These are tighter spread tiers without an added commission:
- Pro: 0.7 average EURUSD spread; no commission.
- Copy Pro: 0.7 average EURUSD spread; no commission.
Spread tier around 0.1 pips (commission-based / raw style)
These are the raw-spread tiers:
- Elite: 0.1 average EURUSD spread; $6 round turn commission; round turn commission is charged fully at position opening.
- VIP: 0.1 average EURUSD spread; commission applies; round turn commission is charged fully at position opening; commission is not shown as a fixed figure on the VIP specs page.
- Plus: 0.1 average EURUSD spread; commission is set by Plus10/Plus15/Plus20 at $10/$15/$20 round turn; round turn commission is charged fully at position opening.
Wider partner tiers
These are partner-focused tiers with higher average EURUSD spreads and no commission:
- Classic: 1.6 average EURUSD spread; no commission.
- Extra: 2.1 average EURUSD spread; no commission.
Account-by-account spread comparison with platform fit
Below is a direct, practical breakdown: what you pay (spread vs spread+commission) and what platform you can use.
Standard Account (preferred tier)
- Average EURUSD spread: 1.1 pips
- Commission: none
- Platforms: MT4 and MT5
Who it fits in Forex: Traders who want straightforward costs and don’t want commission math on every lot. It’s also a clean baseline for comparing whether a tighter spread tier actually saves money for your trade size and frequency.
Cent Account (preferred tier, MT5-only)
- Average EURUSD spread: 1.1 pips
- Commission: none
- Platforms: MT5
Cent accounts are about position sizing and unit scale. The spread benchmark matches Standard, so the “cost difference” is mainly in how you size trades and manage risk, not in spread tightness.
Micro Account (preferred tier, MT5-only)
- Average EURUSD spread: 1.1 pips
- Commission: none
- Platforms: MT5
Micro accounts keep the same spread benchmark but change contract sizing rules. For Forex learning, testing, or controlled sizing, the key point is that you are not paying a tighter spread—your edge comes from position sizing and execution discipline.
Pro Account (professional tier, tighter spread without commission)
- Average EURUSD spread: 0.7 pips
- Commission: none
- Platforms: MT4 and MT5
This is the first “spread improvement” tier on XS without adding commission. For many Forex traders, that combination is attractive: tighter average spread than Standard while keeping cost math simple.
Elite Account (professional tier, raw spread + fixed commission)
- Average EURUSD spread: 0.1 pips
- Commission: $6 round turn
- Commission timing: round turn commission is charged fully at position opening
- Platforms: MT4 and MT5
Elite is the “raw-style” tier on XS with a clearly stated commission figure and a clear commission rule (charged fully at open). In Forex, this tier is typically used by cost-sensitive styles (high trade count, short holding time), but it only pays off if the lower spread offsets the commission for your lot size and frequency.
VIP Account (professional tier, raw spread + commission)
- Average EURUSD spread: 0.1 pips
- Commission: applies (marked as commission-based on the specs)
- Commission timing: round turn commission is charged fully at position opening
- Platform: MT5
VIP shows the same average EURUSD spread benchmark as Elite (0.1) but does not show a single fixed commission figure on the VIP specs page—commission is simply indicated as active.
Classic Account (partner special tier)
- Average EURUSD spread: 1.6 pips
- Commission: none
- Platforms: MT4 and MT5
Classic is a wider-spread, no-commission tier versus Standard. The spread benchmark (1.6) makes it a different pricing profile than the preferred tiers.
Extra Account (partner special tier)
- Average EURUSD spread: 2.1 pips
- Commission: none
- Platforms: MT4 and MT5
Extra is the widest EURUSD benchmark spread tier listed among these XS account types. The trade-off is still “no commission,” but the spread itself is the main cost.
Plus Account (partner special tier, raw spread + tiered commission)
- Average EURUSD spread: 0.1 pips
- Commission: Plus10 / Plus15 / Plus20 at $10 / $15 / $20 round turn
- Commission timing: round turn commission is charged fully at position opening
- Platforms: MT4 and MT5
Plus is raw-style pricing like Elite (0.1 average EURUSD spread) but with a higher commission ladder tied to the Plus subcategory.
Copy Trading account types (MT5-only)
XS lists two copy trading account types with their own EURUSD benchmark:
- Copy Standard: 1.1 average EURUSD spread; no commission; MT5
- Copy Pro: 0.7 average EURUSD spread; no commission; MT5
This matters because copy trading often creates higher trade frequency (depending on the provider). In that context, spread tier selection can materially affect total trading costs.
What the numbers mean in real Forex trading
If you trade small size or low frequency
When you trade small lots or you open fewer positions, the simplicity of no-commission pricing can matter more than shaving fractions of a pip. In that use case, Standard/Cent/Micro at 1.1 average EURUSD spread is the baseline.
If you trade actively but want no commission math
Pro at 0.7 average EURUSD spread keeps a no-commission structure and is a direct spread improvement versus the 1.1 tier.
If you scalpe or trade high frequency
Elite and Plus sit at the 0.1 benchmark spread tier, but the commission becomes the key. Elite’s commission is explicitly shown as $6 round turn, and Plus is shown as $10/$15/$20 round turn depending on Plus10/Plus15/Plus20. Also, both specify a commission rule that matters for trade management: the round turn is charged fully at position opening.
VIP is raw-style but commission is not a single fixed figure on the specs page
VIP shows 0.1 average EURUSD spread and indicates that commission applies, but it does not present one fixed commission amount on the VIP account specs page—commission is simply indicated as active.
MT4 vs MT5 choice: spread impact in practice
From a spread-cost view, your platform choice matters mainly because of account access:
- If you want Standard on MT4, you can do that.
- If you want Cent or Micro, you are on MT5.
- If you want VIP, you are on MT5.
- If you want Elite or Pro, you can pick MT4 or MT5.
So the “spread comparison of platforms” is really a comparison of which spread tiers each platform can host through account eligibility.
Practical selection guide for Forex traders
Choose Standard / Cent / Micro when:
- You want a single spread cost with no commission.
- You prefer the 1.1 EURUSD benchmark spread tier as a stable baseline.
- You value simpler cost tracking per trade.
Choose Pro when:
- You want tighter spreads than Standard but still no commission.
- You want MT4 or MT5 flexibility with a 0.7 benchmark on EURUSD.
Choose Elite when:
- You want the 0.1 benchmark on EURUSD and accept commission.
- You want a clearly stated commission model: $6 round turn charged fully at open.
Choose Plus when:
- You want the 0.1 benchmark on EURUSD and accept a higher commission ladder tied to Plus10/Plus15/Plus20.
- You trade on MT4 or MT5 and your pricing structure is linked to the Plus tier.
Choose VIP when:
- You want the 0.1 benchmark on EURUSD on MT5 with commission-based pricing indicated on the specs page.
- You trade in a high-volume context where a commission-based tier is expected.
Choose Copy Standard / Copy Pro when:
- You trade via copy trading and want the benchmark spread tier that matches your cost goals:
- Copy Standard at 1.1 (no commission)
- Copy Pro at 0.7 (no commission)
XS spread comparisons in Forex
- XS publishes account-by-account average EURUSD spread figures that make direct comparisons straightforward.
- The preferred tier (Standard, Cent, Micro) sits at 1.1 average EURUSD spread with no commission.
- Pro tightens the benchmark to 0.7 with no commission, keeping cost math simple.
- Elite and Plus sit at 0.1 average EURUSD spread and add commission:
- Elite: $6 round turn, charged fully at open.
- Plus: $10/$15/$20 round turn (Plus10/Plus15/Plus20), charged fully at open.
- VIP sits at 0.1 average EURUSD spread on MT5, with commission indicated as active and charged as a round turn at open, but without a single fixed figure shown on the VIP specs page.
- Platform choice matters because some account types are MT5-only, which can determine whether you can access the spread tier you want.
How to Open an XS Forex Trading Account Step by Step
Opening a Forex trading account with XS follows a clear sequence: create your login, confirm your email, complete your profile and questionnaire, upload verification documents, wait for approval, then connect your trading account to MT4 or MT5.
Start with the XS registration page
The process begins from the “Register” flow. During registration you choose your country, enter your email address, and create a password. The registration screen also requires you to confirm you have read and agreed to the Privacy Policy, and it includes a declaration that you are neither a citizen nor a resident of the United States for tax purposes.
Create your login details
On the registration form you will provide the core items used to create your client profile:
- Country selection
- Email address
- Password (the form states a minimum length requirement)
- Privacy Policy agreement checkbox
- Tax residency declaration related to the United States
This is the point where you establish the main credentials you will use to access the XS client area and begin the verification workflow.
Confirm your email address with a code
After submitting the registration form, XS uses an email confirmation step. The interface displays an email confirmation section and asks for a code that is sent to your email address, with an option to resend the code if needed. Entering that code completes the email verification part of signup.
Complete the information XS requires for a Forex trading account
After registration and email verification, XS requires you to fill out an application form (questionnaire). This step is not optional; it is part of the account verification process. The questions cover identity details and also include trading and financial profile information used for compliance checks in a regulated Forex broker environment.
Personal details you must provide
XS specifies that opening an account requires personal information such as:
- Name
- Date of birth
- Nationality
- Country of residence
- Email address
- Phone number
These details must match your verification documents later, so accuracy matters from the start.
Trading experience and financial questionnaire
In addition to identity details, XS asks questions about trading experience and financial background. The platform lists topics such as:
- Your level of trading expertise
- Your understanding of financial risk
- Employment status
- Source of funds
This is a common structure in a Forex trading account onboarding because brokers must assess basic suitability and meet KYC/AML obligations.
Submit KYC verification documents
Once your profile and questionnaire are completed, XS requires document upload for account verification. XS explicitly states that account verification requires Proof of Identity (POI) and Proof of Residence (POR). Your account is activated after the verification steps are completed and documents are verified.
Proof of Identity requirements (POI)
XS sets specific rules for POI:
- Must be in color
- Must be valid
- Must clearly show your full name
- Must clearly show your date of birth
- Must clearly show the expiry date or issue date
- All four edges of the document must be visible
- Must be issued by a governmental body or a recognized institution
XS also gives examples of acceptable identity documents: driver’s license, ID card, passport, or residence permit.
Proof of Residence requirements (POR)
For POR, XS requires:
- A full-page document
- Must clearly show your full name
- Must clearly show your residential address
XS adds an important formatting rule: both POI and POR should show all four edges and be issued by a governmental body or a recognized institution. XS also states the documents must be recent relative to the issue date.
Upload clean files to avoid delays
Because XS requires all four edges and clear readability, you should treat document upload like a “scan-quality” step:
- Use bright lighting and avoid glare
- Avoid cropping corners or edges
- Ensure names and address text are sharp and legible
- Upload the complete page for proof of residence
Wait for approval and account activation
After you submit your application form and KYC documents, the final step in the verification workflow is approval. XS states you then “await approval” and once documents are verified, the account is activated.
Typical verification timing
XS states that once you provide all required documents correctly, you should receive an email verifying your account in two to five minutes. This timing assumes the upload meets the document rules (full edges, correct data visible, correct document types).
Choose your trading account setup: account type and platform access
Once your profile is verified and activated, the next practical step is choosing how you will trade: your account type and your platform, usually MetaTrader 4 (MT4) or MetaTrader 5 (MT5). XS account types are structured so that some accounts support both platforms, while other accounts are MT5-only. This matters because your platform choice affects how you log in, which app you install, and which server you select when connecting.
Platform availability by account type (what you can actually use)
XS describes platform access as follows:
- Standard: MT4 / MT5
- Pro: MT4 / MT5
- Elite: MT4 / MT5
- Extra: MT4 / MT5
- Cent: MT5
- Micro: MT5
- VIP: MT5
If your goal is to trade Forex on MT4 specifically, you choose an account type that supports MT4. If you prefer MT5 or need an MT5-only account type, you will be using MT5 from the start.
Download MT4 or MT5 the XS way
XS provides a consistent download path inside its Help Center: go to the Traders menu, open Platforms, choose MT4 or MT5, then select your device type and follow on-screen steps to install.
Download MT4
To download MT4, XS lists these steps:
- Visit the XS website
- Navigate to Traders → Platforms → MT4
- Select your device type (desktop, web, Mac, iOS, Android)
- Choose the option you want
- Follow on-screen instructions to download and install
This prepares the platform so you can connect your XS trading account credentials.
Download MT5
To download MT5, XS lists the same structure:
- Visit the XS website
- Navigate to Traders → Platforms → MT5
- Select your device type (desktop, web, Mac, iOS, Android)
- Choose the option you want
- Follow on-screen instructions to download and install
After installation, you move to login and server selection.
Log in and connect your XS trading account on MT5 Web
If you use MT5 Web, XS provides a clear login path inside the platform:
- Launch the MT5 web platform
- Open “File” in the top menu
- Select “Login to trade account”
- Enter your XS account credentials
- Select the server where your account is registered
- Click “Login” to start trading
The key part most new traders miss is the server selection. On MetaTrader platforms, the same broker can have multiple servers. Selecting the correct server is required for successful login.
Log in and connect on MT4 (example: MT4 for Mac)
For MT4 on Mac, XS provides a practical flow that highlights how MetaTrader connections work:
- Open the MT4 application
- Use the “File” menu
- Open the account connection workflow
- Search the broker name “XS Fintech”
- Select “Connect with an existing trade account”
- Enter your login and password
- Select the server where your account is registered
This is the typical MT4 pattern: find the broker, select server, then sign in with the trading account credentials.
Understand what “account opening” really includes for Forex trading
Many traders think account opening ends when they can log in to a client portal. In real Forex onboarding, account opening includes three separate layers:
- Client profile creation (registration + email verification)
- Compliance verification (questionnaire + KYC document approval)
- Trading connection (MT4/MT5 install + server login + trading account access)
XS reflects that structure clearly through its verification process steps and its platform login instructions.
Demo accounts during onboarding
XS offers demo account access across multiple account types. XS states you can open up to ten new demo accounts for each account type per platform. It also states demo accounts do not expire, but are archived after a defined period of inactivity, and archived demo accounts cannot be reactivated. You can open a new demo account at any time, and you can top up the demo balance from the client area if virtual funds have been used.
For a new Forex trading account user, demo access is useful for verifying that:
- Your platform installation works (MT4/MT5)
- Your login and server selection steps are correct
- Your order placement workflow is comfortable before funding a live account
This is a practical onboarding step, not a marketing feature, and it fits directly into the same client area structure as live trading access.
Deposit readiness and minimum deposit rules
Account opening is separate from funding. XS specifies that minimum deposit rules vary by account type and states that Cent, Micro, and Standard accounts have no minimum deposit requirement. This matters at onboarding because it affects how quickly you can test a live trading connection after verification and activation.
- Register: select country, enter email, create password, accept Privacy Policy terms, complete the tax residency declaration
- Confirm email: enter the confirmation code sent to your email
- Complete profile: provide identity details (name, date of birth, nationality, residence, phone)
- Complete questionnaire: trading experience and financial profile questions (risk understanding, employment, source of funds)
- Upload KYC: Proof of Identity + Proof of Residence, meeting the formatting rules (color, full edges visible, correct info shown)
- Wait for approval: account activates after document verification, with email confirmation sent after successful verification
- Install platform: MT4 or MT5 via the XS platform download flow for your device
- Connect trading account: enter credentials and select the correct server, then log in and trade
Updated by FXBonus
Please check XS official website or contact the customer support with regard to the latest information and more accurate details.
Please click "Introduction of XS", if you want to know the details and the company information of XS.
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