Xlence Reviews

To be honest, I can’t complain about my trading experience. Everything was smooth throughout my long lasting journey.

Fees and trust are two main aspects that I like about them. Trading with them for over 2 years, no issues.

Maybe it would be the fact that they don’t offer trading view platform.

Even though I still learn and test a lot of strategies, not really trading for profits yet, I can say that the platform behaves pretty well.
Spreads are tight enough and you can trade any kind of strategy

No limitations for trading strategies. You can trade whatever you feel like trading, from scalping to trading the news

Not really a con, but would love to see a cent account

The trading conditions are clear and easy to find and understand. No tricks here, not surprised later. I appreciate this level of transparency and honesty

Their reputation is really impressive and this is a pro in general because this is what made me open acc here

There is not suitable account offer for scalping or one with raw spreads

I noted: more active, deposit more and see more features for boosting trading. Now on the deluxe - satisfied.

their conditions are clear, nothing suspicious. I trade gold - all's clear: spreads, leveraging, charting...

they can add some micro volume account types - more variety at start

I’m running two algo bots at the same time on one VPS server, and it’s been paying me off nicely. Bot is very picky btw, and is compatible only with brokers that offer tight fees like xlence.

Fees are great! I already upgraded my account, and I could instantly feel that spreads got tighter. As for commissions, they don’t charge any, even with the essential account.

When I requested the VPS server, the response was kinda slow ngl.

Xlence is good for intraday trading. I’m trading on a deluxe account at the moment with 0.7 pips on average only. Also no commissions, which makes it even better. Anyway, besides that they proved to have a good stability. It’s been two years since I joined, and both executions, payments were performed smoothly.

Apart from having two metatraders, both MT4 and MT5, they offer trading central, which is so good. It has daily trading ideas and technical analysis that are trusted by professional traders. That’s why I’m confident in them and use those ideas in my trading routine.

Good trading conditions, but it’s not possible to start with an account that I want right away. I had to upgrade it each time.

I appreciate this broker for a good classic forex experience. All traditional stuff was there from non-commission spreads based trading to favourite metatrader, good for both algo and manual TA based trading. Execution was reliable by the way.

Solid environment for forex trading. Good spreads system, upgraded through the account. Proven software like metatrader 4, metatrader 5, featured trading central hub.

There was smth more than forex, but conditions I don’t think are the best. For example, commissions for futures, along with spreads, made futures trading less efficient.

I would recommend, but only if you go through the long step-by-step process that I used. For me it worked very well, and I think its certainly lower risk than most approaches.

They have not only demo account, but in the end they also have Cent account, which helped me a lot at the very start. They hve great progression: demo->cent -> essential -> deluxe etc. Very step by step, and once I got deluxe, I realized I'm already a good trader, and don't need to worry much now.

I guess they should have more users, but they have high standards, possibly too high. The low-end users are not attracted to this product enough.

Sometimes you will have bad moves that will punish your deposit, and the best way to stay afloat on markets long enough is reduce your size and keep risk contained. Of course, I thought about quitting trading multiple times, but seeing how other traders really succeed in this area makes me keep my eyes on the prize and not give up.

The educational content is huge there. It’s another level. When I opened topics about fundamental and technical analyses, I was surprised by how far they had gone. Usually most brokers don’t care about our education, but Xlence indeed wants us to be successful. I learned how to read earnings reports properly and what the main difference is between P/E and P/S ratios. It’s a must have to know if you’re going to trade shares in the stock market.

Honestly, the design of the website looks kind of outdated, they should update it and make it fancier because a new generation of traders might be disappointed by that and think that the broker is behind all competitors. Not gonna lie, that's exactly how I felt when I took a look at their website for the first time.

In general, I can describe my trading experience with Xlence as satisfying. I didn't have disappointments placing my orders on mt4 especially (I work mostly on that platform). Fx majors behave well, as should be, I mean spreads are more or less predictable. The Telegram channel is convenient enough, especially if chatting with support staff but they need to be active on weekends as well. At least on Saturday, so questions asked on Friday won't be hung on here till Monday. MT4 is reliable, I did my updates with scripts so had no problem with adjusting my trades to different scripts.

my mt4 runs have been good, steady and not interrupted by inconsistent price data lods
demo was necessary before starting live trading

I think the support, especially on Telegram, should work 24/7 not 24/5, especially for when testing something on demo

It's interesting how things turned out for me - it was my colleagues who recommended the broker to me, and i gotta thank them because i find Xlence a reliable to trade with. I mean i can trust them with my forex trades. Executions are fast on mt4, the speed remains high on Android too. I'd suggest you go demo first before diving in deep...

mt4 for web and android - flawless flight, runs without troubles
different account options, room to choose per preference
interesting podcast content

maybe costs for some advanced accounts could be lower but at the same time they provide better trading conditions

When you don’t have problems with the service it is already a win. I could along with only with metatrader and reliability

Availability of both metatraders, so I didn’t need to choose older or newer one. Support is lighting fast man, an important feature when you have nothing to rely on!

Not the most affordable to trade futures, there is a commission. But not for me, since I didn’t trade them, just a warning for others.

It has been several months and I feel good. To be honest, it is one of the most reliable and robust brokers I've faced. So, no intentions to move from here. I trade different market assets. right now I see that equities are down from their ATH, but I don't think it is a true bear market. So, topped my account and ready to seize proper breakouts.

I liked the overall smoothness of the platform here, the connection is stable, the broker's server side is robust. Because of that there are no slippage issues, and market data is always correct.
The trading central ecosystem is something not to overlook. From that I get helpful insights and overall the help from the AI driver tools is smth I appreciate here.

Well, when it comes to actual costs of trading, I would not say that the spreads offered here are the thinnest, they are not terrible, but still having lower is something to work on.

This is an advanced platform, and while for beginners it might look like nothing special pros could spot how good it is for trading. Starting from the account types concept, to trading terms, and to the leverage offer… all is excellent

The platform is packed with tools and features for advanced trading strategies. Check alpha generation indicators for ex.

The initial depo requirements for more advanced account levels is a bit on the high side

I’m trying them out, it’s been a month now, but I like the experience. I think I will stay with them and switch to a real trading account as soon as I get comfortable with my trading strategy. Newbie issues :D

The demo account replicates real trading experience 1:1 with the only difference being in the imaginary funds instead of real money. Plus, the MT5 platform itself turns out to be very comfortable in usage.

I don’t have any complaints about the services, even the support team is friendly and helps fast.

more than 2 years have been spent here, and well, it is normal broker with optimal conditions. Pluses outweigh minuses for sure... Now I pay attention to equities, because interest rates are going down.

flexible leverage is good to open sizeable position and utilize margon efficiently.
MT5 with its numerous tools is good option here. Support is fast

I don't necessarily think that spreads are that low here, sometimes they are a bit too wide for me.

I am a risky kind of trader. Trade forex with small acc and high leverage. This is a solid platform for my trading style. I blow up accounts frequently and like that setting up a new account is fast and simple process

Many pros, but i like the high leverage, low entry threshold, good promotion campaigns that run often

No con, but suggestion i have: built custom app with tradingview charts

Anyway, I didn’t have any of these problems, not touching futures and aiming to deposit enough to have a deluxe account with tighter spreads. In terms of service and offered features, I’m alright with them.

Features wise, very powerful. From offering two MTs, easily switching from one another, depending on what I trade. To helpful analytical tools, like TA by trading central and advanced indicators from alpha generation.

For small deposits, by default they offer an essential account which has not had the best spreads. Futures trading is commission based, not much cost friendly too.

For the futures day trader, it was a good experience conditions wise. I even could get access to free trading analysis to add some confluence into my trading. This broker is developing and that’s something to be happy about, since I’ve already got used to their services.

Conditions were nice despite the fact that commission was $10 per lot. But for indices, this volume could be achieved in 3 trades, considering my account balance. So I was satisfied with pricing and glad they have futures trading enabled. Technically best assets for a day trading.

Before, it was a problem that they only had mt4, now after some time passed, since they added mt5, I can’t complain about the platform's issue.

For me, since i moved to trade with Xlence, i feel like i have all i need on one place. The main reason which made me switch brokers, was their support provided with analytics, with new features and mt4 indicators. The alpha indicators are making things much simpler, it automatically find major price levels

Full trading central integration, new indicators available, and daily market analysis and insights are provided

Good spreads come only with more advanced account types