In October 2026, XS (XS.com) told its clients that it has improved the spread on silver (XAG/USD). According to the notice, the new spreads are already live on clients' trading platforms.
This article covers the key points of the XS notice, the silver spreads by account type in the official contract specifications (checked 6 October 2026), the cost per lot, when spreads tend to widen, and how to check the live spread on your own account. Contract-spec figures are previous-day averages; the live price on your platform takes precedence.
In short: XS has improved its silver (XAG/USD) spread, and the per-account figures are in the official contract specs
- In October 2026, XS told clients it has improved the silver (XAG/USD) spread. The new spreads are already applied on the trading platforms
- Spreads vary with market conditions and account type
- Official contract specs (checked 6 October 2026, previous-day average) list XAG/USD at Elite 3.3 pips, Pro 3.9 pips, Standard 4.3 pips and Cent 4.3 pips
- Spread cost per lot (5,000 oz): Elite USD 165 (plus USD 6 commission), Pro USD 195, Standard USD 215
- Check the actual spread for your account in the MT4/MT5 Market Watch window
The figures in this article are the previous-day average spreads published in XS's official contract specifications, not a promise of the spread at the time you trade. Silver tends to move more sharply than gold, and FX/CFD trading can lose some or all of your capital.
XS silver spread improvement notice: what changed
In October 2026, XS emailed clients to say it has improved the spread on silver (XAG/USD) and can now offer better conditions. The change is described as part of its ongoing work to improve the trading environment and the trading experience.
- Instrument: silver (XAG/USD)
- Timing: at the time of the notice, the new spreads were already applied on the trading platforms
- Caveat: spreads vary with market conditions and account type
Account-wide trading conditions, including gold, are summarised on our XS broker page.
XS silver (XAG/USD) spreads by account type
These are the silver (XAG/USD) figures in XS's official contract specifications for metals (checked 6 October 2026). The symbol suffix differs by account type: XAGUSDs on Standard, XAGUSDp on Pro, XAGUSDc on Cent, and so on.
| Account (symbol) | Spread | Spread per lot | Commission | Contract size |
|---|---|---|---|---|
| Elite (XAGUSD) | 3.3 pips | USD 165 | USD 6 | 5,000 oz |
| Pro (XAGUSDp) | 3.9 pips | USD 195 | None | 5,000 oz |
| Standard (XAGUSDs) | 4.3 pips | USD 215 | None | 5,000 oz |
| Cent (XAGUSDc) | 4.3 pips | USD 2.15 | None | 50 oz |
| Classic (XAGUSDk) | 4.9 pips | USD 245 | None | 5,000 oz |
| Extra (XAGUSDe) | 5.5 pips | USD 275 | None | 5,000 oz |
| VIP (XAGUSD) | 11 pips | Not listed | Variable | 5,000 oz |
※ XS says the spreads in the contract specifications are average spreads based on the previous trading day, and that live spreads should be checked on the trading platform. The VIP figure is copied as listed in the official table.
Euro-denominated silver (XAG/EUR) is also available on every account except Cent. Official contract-spec spreads are Elite 5 pips, Pro 5.6 pips, Standard 6 pips, Classic 6.6 pips, Extra 7.2 pips and VIP 7 pips (checked 6 October 2026).
Working out the cost of one lot of silver
One lot of XS silver is 5,000 oz (50 oz on the Cent account). Working back from the official "4.3 pips = USD 215", 1 pip is USD 50 on one lot and USD 0.5 on 0.01 lots.
| Account | Spread cost | Commission | Total | At 0.01 lots |
|---|---|---|---|---|
| Elite | USD 165 | USD 6 | USD 171 | About USD 1.71 |
| Pro | USD 195 | None | USD 195 | USD 1.95 |
| Standard | USD 215 | None | USD 215 | USD 2.15 |
※ The commission is the figure in the official contract specifications (our broker page lists the Elite commission as USD 6 round turn per lot). Spreads are previous-day averages; your actual cost depends on the spread when your order fills.
On the official averages, Elite is cheapest even after commission, followed by Pro and then Standard. Pro and Elite, however, need a USD 500 minimum deposit, while Standard has no deposit minimum. Choose the account that fits your volume and capital.
XS silver trading hours and when spreads tend to widen
According to XS's official metals page, XAU, XAG, XPD and XPT pairs trade Monday to Friday from 01:05 to 23:55, with a trading break from 00:00 to 00:59 (checked 6 October 2026).
XS offers floating spreads on all account types and asset classes, and its contract-specs page warns that spreads may widen when market liquidity drops, including at rollover. Right after the open, around the trading break and around major economic releases, you may be filled at a spread wider than the average.
- Liquidity tends to thin around the 00:00–00:59 break and at rollover
- Spreads may widen along with price swings around economic releases
- Check the live spread on your trading screen before placing an order
How to check the live silver spread on your own account
XS's contract-specs page explains that MT4/MT5 charts show the pre-markup price by default, while Market Watch shows the price offered on your account type. Market Watch is the reliable place to check the improved spread.
- 01Log in to MT4 or MT5
Log in to MT4 or MT5 with the account you trade on (Standard, Pro and so on).
- 02Show the silver symbol in Market Watch
Add the silver symbol for your account type to Market Watch (for example XAGUSDs on Standard).
- 03Add the spread column and check it
Right-click in Market Watch and add the "Spread" column to see the current spread as a number.
Because the chart shows the pre-markup price, the gap between bid and ask on the chart is not necessarily your account's spread. Check the Market Watch price before you place an order.
Conditions to check before trading silver at XS
- Leverage: XS silver uses dynamic leverage, so the maximum changes with your equity and trading volume
- Swap-free: the swap-free grace period for silver (XAG/USD) is 2 days; after that, normal swaps apply
- Symbol names: the suffix differs by account type (XAGUSDs, XAGUSDp, XAGUSDc and so on)
See XS dynamic leverage and stop out levels →
See the XS swap-free account (instruments and grace periods) →
Frequently asked questions
Q. What is the XS silver (XAG/USD) spread?
A. In the official contract specifications (checked 6 October 2026, previous-day average), it is 3.3 pips on Elite, 3.9 pips on Pro, 4.3 pips on Standard and Cent, 4.9 pips on Classic and 5.5 pips on Extra. Check the live value on your trading platform.
Q. Where can I check the improved silver spread?
A. XS says the new spreads are already applied on the trading platforms. Check your own account's spread in the MT4/MT5 Market Watch window.
Q. When did the silver spread improvement take effect?
A. The XS notice says the latest spreads have already been applied to clients' trading platforms.
Q. Which XS account has the cheapest silver trading cost?
A. Calculated per lot from the official contract-spec averages, Elite costs USD 165 spread plus USD 6 commission = USD 171, Pro USD 195 and Standard USD 215, so Elite is cheapest. Pro and Elite need a USD 500 minimum deposit.
Q. How much is 1 pip on XS silver (XAG/USD)?
A. One lot of XS silver is 5,000 oz. From the official "4.3 pips = USD 215", 1 pip is USD 50 on one lot and USD 0.5 on 0.01 lots. On the Cent account, one lot is 50 oz.
Q. Can I trade silver on the XS Cent account?
A. Yes. The Cent account lists silver as XAGUSDc, with a 50 oz lot and a 4.3-pip spread in the official contract specifications (checked 6 October 2026). XAG/EUR is not in the Cent account's contract specifications.
Q. Is there a swap on XS silver?
A. Under XS swap-free, silver (XAG/USD) has no swap during its 2-day grace period. After the grace period, normal swaps apply.
Sources and conditions
- XS official: contract specifications (Standard, metals; checked 6 October 2026) →
- XS official: contract specifications (Elite, metals; checked 6 October 2026) →
- XS official: contract specifications (Pro, metals; checked 6 October 2026) →
- XS official: contract specifications (Cent, metals; checked 6 October 2026) →
- XS official: metals (trading hours; checked 6 October 2026) →
- XS account types and trading conditions (this site) →
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