Several regulations and all of them are reputable in the community. It’s an ultimate sign of the reliable company as for me.
I have worked with poorly regulated forex brokers who provided appealing trading conditions instead, and it didn;t work so well:)
So right now I try to create accounts with the brokers that have licenses renowned in the industry, lik Cysec or ASIC.
Plus the trading conditions of XS are great too. But you have to think everything through and choose the right account.