I'm not sure what you asked, whether what the regulators are or what I think of their regulators.
Anyway, one of the strongest sides of XS broker is their robust regulation status.
They have operational licences from the following regulators:
- Australian Securities and Investments Commission (ASIC)
- Cyprus Securities and Exchange Commission (CySEC)
- Labuan Financial Services Authority (LFSA)
- South African Financial Sector Conduct Authority (FSCA).

ASIC and CySEC are among the most respected regulators in the industry, just to know if you are not familiar with the tier 1 authorities.

Sure, and I can even say more - you also can have the idea just by scrolling down the main page =)
No passive aggression, I just hint you where to check this information.
XS broker has a rather good list of regulations which allows it to operate within particular jurisdictions. It has a regulation from FSA, ASIC and CySEC, as far as I remember. ASIC allows to work within Aussie market, CySEC license is liable for the European jurisdiction. These two are considered to be very reliable entities as they supervise a plethora of decent brokers.

XS is a pretty transparent and honest broker in this regard.
At the bottom of their webiste, you can find all the regulations and licences they possess. Anyway, let me share it with you.
XS is regulated by three financial institutions:
- the Financial Services Authority of Seychelles (FSA)
- the Australian Securities and Investments Commission (ASIC), and
- the Cyprus Securities and Exchange Commission (CySEC).

All of these three regulation authorities are considered reputable in the industry and for this, XS can be trusted.