The XP300 was the first more affordable Xiphos model, with a bolt-on neck and Ibanez pickups. Other features include a mahogany body, a bound rosewood fingerboard and a standard hard-tail bridge. In 2010, a similar model with a tremolo bridge, the XP300, was introduced. The XP300FX was also the basis for the XP300FXB limited edition model, which is similar but with black hardware.