We present preliminary results of our X‐shooter survey in star forming regions. In this contribution we focus on subsamples of young stellar and sub‐stellar objects (YSOs) in the Lupus star forming region and in the TW Hya association. We show that the X‐shooter spectra are suitable for conducting several parallel studies such as YSO + disk fundamental parameters, accretion and outflow activity in the very low‐mass (VLM) and sub‐stellar regimes, as well as magnetic activity in young VLM YSOs, and Li abundance determinations. The capabilities of X‐shooter in terms of wide spectral coverage, resolution and limiting magnitudes, allow us to assess simultaneously the accretion/outflow, magnetic activity, and disk diagnostics, from the UV and optical to the near‐IR, avoiding ambiguities due to possible YSO variability.