Xlence Review 2025
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $50
- MetaTrader4
- Financial Services Authority Seychelles (FSA)
Our Evaluation of Xlence
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Xlence is a moderate-risk broker with the TU Overall Score of 5.78 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Xlence clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
Xlence offers a wide selection of instruments and accounts tailored to various trading needs. This may appeal to both beginner and experienced traders, particularly those who prefer active trading rather than passive strategies in the Forex and CFD markets.
Brief Look at Xlence
Xlence is a Seychelles-registered broker providing access to Forex and CFD trading on over-the-counter markets. Catering to both novice and experienced traders, Xlence offers a range of account types to suit diverse needs. Clients can trade over 300 instruments, including currency pairs, metals, indices, commodities, and stocks. The broker's MetaTrader 4 platform is compatible with multiple devices, ensuring convenient market access. Xlence's services are unavailable in certain jurisdictions, including the United States, Syria, Iran, North Korea, Cuba, and Sudan.
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- Wide range of trading instruments.
- Leverage up to 1:1,000.
- Access to MetaTrader 4 trading platform.
- Easy account opening and broad availability across many countries.
- Trading conditions suited for traders of all experience levels.
- Fast order execution.
- 24/5 multilingual support.
- Limited client protection due to lenient licensing requirements.
- No compensation in case of broker bankruptcy.
TU Expert Advice
Financial expert and analyst at Traders Union
Xlence offers a user-friendly environment for novice traders. Easy account registration, transparent terms, and demo accounts enable newcomers to familiarize themselves with basic trading tools and mechanics. This is particularly beneficial for those new to financial markets, as it allows them to practice and test strategies without risking real funds.
For experienced traders, Xlence provides access to over 300 trading instruments, including currencies, indices, metals, and commodities. Flexible leverage options and floating spreads across all assets enhance profitability and trading comfort. Rapid order execution enables timely responses to market fluctuations, a critical factor for professional market participants. The broker also offers tools for effective risk management and capital allocation across various strategies.
Xlence provides 24/5 support on trading days and assigns personal managers to clients with specific account types. This streamlines interactions and ensures prompt issue resolution. Multilingual support makes the platform accessible to traders worldwide, offering assistance in various languages.
In conclusion, Xlence combines reliability with a wide range of services suitable for both beginners and experienced traders.
Xlence Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
💻 Trading platform: | MetaTrader 4 (MT4) |
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📊 Accounts: | Essential, Prime, Deluxe, Ultimate, Demo |
💰 Account currency: | USD, EUR, GBP |
💵 Deposit / Withdrawal: | Bank transfers, cryptocurrencies, and payment systems |
🚀 Minimum deposit: | 50 USD |
⚖️ Leverage: | Up to 1:1000 |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0.01 lots |
💱 EUR/USD spread: | 0,4-1,4 pips |
🔧 Instruments: | Forex, Futures, CFDs on metals, indices, commodities and stocks |
💹 Margin Call / Stop Out: | Stop out is at 20% |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Order execution: | Market |
⭐ Trading features: | The use of Trailing Stops and EAs (Expert Advisors) is allowed. |
🎁 Contests and bonuses: | Yes |
Trading is available 24 hours from 0:00 Monday to 24:00 Friday (GMT+2 during winter, GMT+3 during summer). All accounts have a minimum lot size of 0.01, and bonuses are available during specific promotional periods. The maximum leverage is 1:1,000, though limitations apply based on the trader's total balance and trading instrument. Additionally, the company reduces leverage on major pairs to 1:100 before the release of significant economic news and each Friday from 21:00 to 24:00.
Xlence Key Parameters Evaluation
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Decent range of forex pairs including some less common ones.
Mobile app feels a bit stiff and needs better layout.
The payouts are reliable, market info is accurate most times, responsive platform.
It neeeds more deposit options and better mobile performance in my opinion.
Spreads on the prime account that I was able to get were sweet. In general, I liked their trading conditions.
No mobile app, only MT alternatives. Where, you obviously can’t make payments and get the broker’s analytical insights. Plugins won’t replace real experts' insights.
The variety of trading accounts is great and I’m glad that each of them has different trading conditions, it means each trader regardless of the experience and level will be able to find the most suitable account. Also, cool of Xlence broker provides high-quality educational articles, there is so much information about different trading terms and analysis, i would recommend you to pay attention to the macroeconomic topics to improve your understanding of how global economic reports can influence market conditions.
The lack of the proprietary trading platform, yeah, they already offer the metatrader 4 and metatrader 5 terminals, but taking a look at this broker, we can easily say it’s solid, it would be great if they added their own trading app and create something cutting-edge for a new generation of traders.
Trading conditions must be the main positives of this broker. They offer tight spreads even with the essential account (1.2 pips for eurusd, but can vary) and also zero commission fees.
When i tried to connect with the customer support, they answered in a couple of hours, but the question was urgent. This left a bad impression on the support.
Good spreads Great leverage Many commodities available for trading
Not completly swap-free
This platform provides tght spreads, multiple currency pairs, and quick execution
No dedicated app support yet, and the tutorials need work
Trading Account Opening
Opening a trading account with Xlence follows a straightforward process:
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Register. Go to the official Xlence website and click the "Open Account" button. A registration form will appear, where you’ll need to provide personal details such as name, email address, and phone number.
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Select account type. After registration, you’ll be prompted to choose a live account type that fits your needs and experience level.
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Sett account parameters. At this stage, select the currency for your account and choose the maximum leverage size.
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Pass identity verification. To comply with KYC (Know Your Customer) requirements, you’ll need to upload scans of identity documents, such as a passport or driver’s license. The broker will also require proof of residence, like a utility bill.
Regulation and safety
Xlence has a safety score of 3.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
Xlence Regulators and Investor Protection
Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
---|---|---|---|---|
|
Financial Services Authority of Seychelles | Seychelles | No specific fund | Tier-3 |
Xlence Security Factors
Foundation date | - |
Negative balance protection | Yes |
Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker Xlence have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
- No ECN/Raw Spread account
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of Xlence with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, Xlence’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
Xlence Standard spreads
Xlence | Pepperstone | OANDA | |
EUR/USD min, pips | 0,4 | 0,5 | 0,1 |
EUR/USD max, pips | 1,4 | 1,5 | 0,5 |
GPB/USD min, pips | 0,5 | 0,4 | 0,1 |
GPB/USD max, pips | 1,5 | 1,4 | 0,5 |
Does Xlence support RAW/ECN accounts?
As we discovered, Xlence does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with Xlence. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
Xlence Non-Trading Fees
Xlence | Pepperstone | OANDA | |
Deposit fee, % | 0 | 0 | 0 |
Withdrawal fee, % | 0 | 0 | 0 |
Withdrawal fee, USD | 0 | 0 | 0-15 |
Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
Xlence offers four live accounts, tailored to different experience levels and trader needs. Each account provides specific benefits and unique conditions, including minimum spreads and additional services.
Account types:
Deposit and withdrawal
Xlence received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
Xlence provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Minimum deposit below industry average
- BTC available as a base account currency
- Low minimum withdrawal requirement
- USDT (Tether) supported
- No bank card option
- Limited deposit and withdrawal flexibility, leading to higher costs
- Wise not supported
What are Xlence deposit and withdrawal options?
Xlence provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Wire, BTC, USDT, Ethereum.
Xlence Deposit and Withdrawal Methods vs Competitors
Xlence | Plus500 | Pepperstone | |
Bank Wire | Yes | Yes | Yes |
Bank card | No | Yes | Yes |
PayPal | No | Yes | Yes |
Wise | No | No | No |
BTC | Yes | No | No |
What are Xlence base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Xlence supports the following base account currencies:
What are Xlence's minimum deposit and withdrawal amounts?
The minimum deposit on Xlence is $50, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Xlence’s support team.
Markets and tradable assets
Xlence offers a limited selection of trading assets compared to the market average. The platform supports 300 assets in total, including 80 Forex pairs.
- Commodity futures are available
- Indices trading
- 80 supported currency pairs
- No ETFs
- Crypto trading not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by Xlence with its competitors, making it easier for you to find the perfect fit.
Xlence | Plus500 | Pepperstone | |
Currency pairs | 80 | 60 | 90 |
Total tradable assets | 300 | 2800 | 1200 |
Stocks | No | Yes | Yes |
Commodity futures | Yes | Yes | Yes |
Crypto | No | Yes | Yes |
Stock indices | Yes | Yes | Yes |
Options | No | Yes | No |
Investment options
We also explored the trading assets and products Xlence offers for beginner traders and investors who prefer not to engage in active trading.
Xlence | Plus500 | Pepperstone | |
Bonds | No | No | No |
ETFs | No | Yes | Yes |
Copy trading | No | No | Yes |
PAMM investing | No | No | Yes |
Managed accounts | No | No | No |
Customer support
The company is available to traders 24/5. Support is multilingual, but the range of contact channels is significantly limited compared to competitors.
Advantages
- 24/5 support
- Support is available in 30 languages
Disadvantages
- Limited contact channels
- No phone support is available
Xlence’s client support is available via:
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Email
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Facebook
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Instagram
Contacts
Registration address | F20, 1st Floor, Eden Plaza, Eden Island, Seychelles |
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Regulation |
Financial Services Authority Seychelles (FSA)
Licence number: SD029 |
Official site | https://www.xlence.com/en/ |
Contacts |
Education
Xlence does not offer training for beginner traders. For practice before trading in the live market, clients can use an MT4 demo account with virtual funds.
Comparison of Xlence with other Brokers
Xlence | Eightcap | XM Group | RoboForex | Markets4you | Kama Capital | |
Trading platform |
MetaTrader4 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MT4, MobileTrading, MT5 | MetaTrader5 |
Min deposit | $50 | $100 | $5 | $10 | No | No |
Leverage |
From 1:1 to 1:1000 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:10 to 1:4000 |
From 1:1 to 1:400 |
Trust management | No | No | No | No | No | No |
Accrual of % on the balance | No | No | No | 10.00% | No | No |
Spread | From 0.4 points | From 0 points | From 0.8 points | From 0 points | From 0.1 points | From 0 points |
Level of margin call / stop out |
No / 20% | 80% / 50% | 100% / 50% | 60% / 40% | 100% / 20% | 20% / No |
Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | No | No | Yes | Yes | Yes |
Detailed Review of Xlence
Xlence offers a variety of trading account options to cater to different experience levels and needs. Each account type provides unique benefits and conditions tailored to specific user requirements. For experienced traders, Xlence offers conditions that facilitate the refinement of trading strategies. A wide range of trading instruments and flexible leverage options enable effective risk management. Fast order execution and floating spreads enhance trading efficiency and profitability, which are highly valued by active market participants.
Xlence’s trading platforms:
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MetaTrader 4. Trading platform available for Windows, MacOS, iOS, Android, and WebTrader.
Xlence by the numbers:
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300+ trading instruments.
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6 asset types.
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The maximum leverage is 1:1,000.
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4 account types.
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Support is available in 30+ languages available 24/5.
Services offered by Xlence:
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Leveraged trading in financial markets.
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Multilingual client support.
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Partnerships with introducing brokers and affiliates.
Promotions and bonuses:
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Occasional bonuses.
Advantages:
Leverage is up to 1:1,000.
Floating spreads from 0.4 pips for major currency pairs.
Fast order execution for effective trading without delays.
MetaTrader 4 supports various devices.
24/5 multilingual support.
Compliance with regulatory requirements and advanced technology for client fund protection.
Personalized services for high-net-worth clients.
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