XS vs HFM
✕ You do NOT own the coin — contract only, no withdrawal
Compare
| XS | HFM | |
|---|---|---|
| Fees | ~0.1% | — |
| Max leverage | —× | —× |
| Assets listed | — | — |
Fees
| Typical BTC spread | ~0.1% | Source · Confirmed indirectly 2026-10-16 |
|---|---|---|
| Overnight financing | — | Source · Confirmed indirectly 2026-10-16 |
| Typical BTC spread | — | Source · Confirmed indirectly 2026-08-26 |
|---|---|---|
| Overnight financing | — | Source · Confirmed indirectly 2026-08-26 |
Regulation
| Regulation | Scope | Source |
|---|---|---|
| CySEC (CY) · 412/22 XS Markets Ltd — EU clients, via xsmarkets.com (not xs.com) | Licensed | Source · Verified 2026-10-07 |
| ASIC (AU) · 374409 XS Prime Ltd — AFS licence covering wholesale clients | Licensed | Source · Confirmed indirectly 2026-10-07 |
| FSA (SC) · SD089 XS Ltd — the entity that operates xs.com | Offshore licence — real authorisation, lighter rules, no compensation scheme | Source · Verified 2026-10-07 |
| Regulation | Scope | Source |
|---|---|---|
| CySEC (CY) · 183/12 HF Markets (Europe) Ltd | Licensed | Source · Verified 2026-08-26 |
Incidents on record
No material incidents on record.
Incidents on record
No material incidents on record.
Frequently asked questions
Is XS cheaper than HFM?
~0.1% against — on the headline figure. Deposit, withdrawal and spread costs sit on top and can reverse that for small trades.
Is XS safe?
Nothing meeting our threshold has been documented for XS. That is an absence of evidence, not a safety guarantee.
Can I withdraw my coins from XS?
No. XS sells contracts for difference. You track the price and never hold a coin you can withdraw.
Which suits a beginner better?
Whichever is licensed where you live and lets you withdraw the asset. Leverage and daily financing are what turn a beginner's position into a loss.
Read the full comparison
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Crypto is volatile and largely unregulated. CFDs are leveraged and most retail accounts lose money. Never risk money you cannot afford to lose.
Information only. This is not investment advice.