Xlence
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See all AlternativesWhat do you like best about Xlence?
Xlence has done a great job in recent months. I remember how many bonuses they prasomoted and worked on platform performance. I was trading on a deluxe account, upgraded it from essential status, and a few days ago I switched to the ultimate level. Here’s my summary about accounts:
If you want your order to execute lightning-fastly even during news events like CPI, PPI, or even FOMC meetings, Ultimate account is where you won’t get any slippage. Even when I placed large orders with 15-20 lots, the platform still fills my orders fastly.
What would you improve about Xlence?
It’s a pity that even on the cool account, you get to pay commission for trades on indices... I noticed that S&P 500 isn’t in the best structure and according to MA crossers, there was a dead cross line on Friday the 13th. Since I’m focused on indices now, paying commissions feels overwhelming...
Overall
Generally speaking, Xlence is a solid platform with many benefits. They offer transparent conditions, which allows me to focus fully on my trading process rather than worrying about how much I could lose on spreads, fees and so on. I check all the trading-costs at the end of the week, and all numbers always match with trades history.
What do you like best about Xlence?
For me it’s how responsible the broker is in withdrawal execution. Everything is verified, double confirmed, organized, so safety is kind of ensured, as less frustration about the most disturbing moment in trading. The same quality i’ve seen in the work of support and of course well-known metatrader.
What would you improve about Xlence?
Only spreads. They could be lower as well as deposits starting from a prime account. Took years to make there and still no big changes, except for 0.2 pips difference.
Overall
I’m here for a good metatrader experience and reliability of the broker. These two things made me to stay and made my way to a more consistent trading. A good help has been since they added mt5 platform and tc tools, available for free there. Could find some good custom indicators and trading ideas, improving my trading from “making something occasionally" to “making something often”.
What do you like best about Xlence?
So far I like MT5, started recently on this and an on Demo trading shares with this platform is very nice. Before this Iwas on mt4 and with xlence I updated my platform too.
Live chat agents are great too, friendly and told me all about their accounts, essential would be my first one when I deciding to go live.
What would you improve about Xlence?
Not enough trading tools this broker have. Because yes trading central there and it's very useful but other than this one - no more. I wish they have some good insight generation where expert review popular asset like Gold or Stocks.
Overall
Lot's different shares for trading, with MT5 it's very good combo. Only 5% margin for share trading it's okay, and I see most blue chip share have good spreads overall, this is good thing definitely by xlence. this website with updateed design is good too, I like how every time they bring a little innovation and make things better.
What do you like best about Xlence?
Trading metals was good in my case, liked the low spreads for silver and gold.
What would you improve about Xlence?
I'd like to see some trading courses offered by the broker - for beginners, intermediate and expereinced traders.
Overall
Traded gold/silver. Started last year. It's been profitable months tbh, used mostly ma and rsi as my main indicators plus did deep fundamental analysis. It helped a lot. Plus the low spreads from the broker were nice to see during my sessions.
What do you like best about Xlence?
Education is what I find most interesting about Xlence broker. I mean those materials don't consist of basic information like “what is pip?”, “how to put a stop-loss or take-profit?”, they’re much deeper... Here I learned more about fundamental and technical analysis. In addition, I didn’t know how to use hedging mode on MT5 terminal, but now I realize how essential it is to diversify my exposure during volatile periods.
What would you improve about Xlence?
Even though I’ve been trading with xlence for 3 years, I rarely contact their customer support, but when I do, it takes some time to get a response from their team...
Overall
I remember watching charts more than trading them. I paid close attention to observations trying to learn more about patterns and price action. After starting trading in live market environments, my strategy has been working well right away, execution was lightning-fast, never had large slippage and I think all this influenced my successful start to trading.
What do you like best about Xlence?
Personally, I like both how smoothly executions work and that fees are stable. Literally, all of my orders are getting filled right when I press the button. No rejections, no requotes.
What would you improve about Xlence?
Xlence lacks some creative features to make them stand out from the rest. They are good, that’s true, but adding sth unique for traders would be in their best interest.
Overall
I’m not that long with the brokerage, still looking around before settling down. However, I like what I experience so far. Taking swing positions, and like that spreads are always within the same range, whereas swaps are low which helps to keep positions for 4-5 days in a row.
What do you like best about Xlence?
Swaps free accounts are available and even if I can’t get one, I still consider their rates quite affordable. Especially taking into account there weren't any other additional fees.
I noticed their analytics is based on a TC plugin, inserted into MT5. Powerful thing for finding out the context.
What would you improve about Xlence?
Certain updates to the old MT platform, at least trading apps with more pleasant interface. Support is not always answered via email. Better to talk with them in live chat.
Overall
I liked what I saw on their sim account. Normal trading conditions, which could help in a more effective trading. At the same time, there are a bunch of helping tools, like TC and many ways to customize MT5 with powerful indicators.
What do you like best about Xlence?
Costs are good, and not just for essential based on spreads, comission with $6 is okay. I know it's only for gold and forex popular pairs, but those are most traded anyway.
Customer service is doing fine, quick on answers, friendly and professional. I had the pleasure of conversing with them, good lads
What would you improve about Xlence?
I feel like they need to add one more platform like their own with TV charts and etc.
Not much technical features there either, like I apprecaite TC being there, but adding some things like daily forecasts can be nice.
Overall
Cant say I am doing really much, just trading day-to-day and improving each time, hopefully. Not easy to do it shortly, it takes time overall. Been here for a year, seen many good improvement,s hopefull 2026 will bring the best out of xlence again.
What do you like best about Xlence?
I tested withdrawals early on, without big expectations. To my srupise, transactions went throiugh without unnecessary difficulties. That removed a lot of strresss. By the way, I used the Apple Pay system, so it takes a few clicks to withdraw funds. It's really convenient compared to a bank card where you have to fill in the personal numbers of your cards every time.
What would you improve about Xlence?
The minimum deposit on all account types is quite high, they should make it more accessible... So far I’m on an essential account, cuz I can’t afford to deposit much more than I actually can afford. So it would be great to see lower min deposits...
Overall
Anyway, the fact that they don’t charge any commissions on forex and stocks, compromises those downfalls. Spreads remain mostly consistent, without wideinning too much and it’s easier to predict how much I can lose on spreads.
What do you like best about Xlence?
The process of requesting & setting up a VPS server was fairly simple. Also, what I highlighted about them is the low trading fees. I’m on a demo and looking out what the fees are, with an essential account the spreads are about 1.2 pips for eur/usd currency. As for commissions, they are not charging them, which leaves only spread difference as the only fee.
What would you improve about Xlence?
I asked them what the minimum deposit criterias to upgrade their account, and they are kinda high imho. If they lower it, I would be able to upgrade and get better fees later when I open a real acc.
Overall
They send me step by step solutions on how to run algo trading bots correctly, so that they will take trades without the need of me opening my laptop. I really appreciate them for it, since it was my first time running algo. It’s hyped rn around the internet, and I found free demo versions on the market. So far everything is working and my balance increased to 20% in two months. Steady growth, but fun fact is that I’m not doing anything, I just set everything up and bot is doing all the heavy lifting for me.
What do you like best about Xlence?
Fx pairs range is solid, even some exotic pairs are included and the leverage of 1000x
What would you improve about Xlence?
The customer service. They replay fast but the help should be improved in terms of quality
Overall
The platform is good and i use the MT5 app. As for acc type, i use the Xlence Essential and it’s pretty good for forex trading. Excellent spreads and no extra fees
What do you like best about Xlence?
Xlence publishes a lot of useful market analysis every week, and thanks to this I learn how exactly I have to react to volatility and specific market events. One month ago, when Sterling crumbled ahead of the BoE decision, I opened a long position thanks to their detailed breakdown. Moreover, I find it very cool that they offer this information absolutely for free for demo traders like me. Yeah, I’m still practcicing. xD
What would you improve about Xlence?
Customer service overwhelms me with complicated terminology and it would be great if they start paying attention to trading experience of their clients because for example, I didn’t know anyting about buy stop and sell stop orders, or how to trade with hedge mode and so on/
Overall
That trade with sterling against the dollar was good, for some reason I didn’t even set a take-profit, I just closed the positions manually.
What do you like best about Xlence?
Discovered they added tradecopier now, idk why I havent seen it before.
Checked what they have, and the #1 guy is a 'Baron Trump' =D and he is legit #1 in trading there lol. 470% profit, in just a few months. So I just had to invest.
What would you improve about Xlence?
Some of these new features, I wouldnt mind getting emails about. Hve to check website manually from time to time, to see if theres additions.
Overall
I am making an ok money, mostly having fun. The Baron Trump guy though, is earning me quite a bit now. Idk how he does it, might be the real Barron.
What do you like best about Xlence?
I like that they have futures trading, which not everybody has nowadays. A decent option to choose from, including soft commodities (recent wheat decline brought me some pips) and indices of course. By the way, nice that they didn’t make me choose between mt4 and mt5. Both were offered.
What would you improve about Xlence?
For a certain reason they imposed a commission for futures and not the smallest one:10 per lot. I guess this is the price for swaps free trading, but what about intraday setups. They need to work on the whole pricing system, making it more fair at least…
Overall
The whole opinion about the broker was still positive. They gave me what I wanted: futures trading, in which so far I achieved the best results and did a good job in terms of execution, as well as analytical tools available.
What do you like best about Xlence?
What I like the most about the broker is the trading fees. I think conditions are solid and pretty tight, even with the essential account. Although I didn’t stay with an essential account for long, it was still okay with 1,2 pips on avg. I’m on a deluxe acc at the moment, and the spreads got even sharper. Usually I see the number of 0,7 pips + zero commissions.
What would you improve about Xlence?
Other than copy trading and trading central, the broker lacks some distinct features. Maybe they can be creative and add something into their services, which would only improve the brand.
Overall
Started to trade back in 2023 with xlence, and since then didn’t change to any other broker, because there was no need for that yet. The services are working fine, just as they need to. Plus, the broker can be relied on, as the payments are handled fast while the execution doesn’t let me down as well. Like I don’t think I got a requote or huge slippage on the platform.
What do you like best about Xlence?
their essential account is pretty perfect I'd say it's been for me, no commissions + good spreads
thought-povoking podcats - made me view some trading concepts from a different perspective
What would you improve about Xlence?
Podcats are really interesting, and if I were a content developr there - i'd include more video content aboput trading or short about top selections for trading on a regular basis
Overall
The mt5 platform has nothing that I could complain about. Every setup worked well, candles behaved fast and within my expectations. I bought the essential account, it was my thought to start from that and later, once gaining enough confidence, upgrade further. So far doing ok. Zero commisions, spreads stay steady, with slight fluctuations when news hit. I tried mt4 - it's also ok, but i like mt5 more, feels easier to me to work with toolsets. TC tools are really powerful. Gotta cash in more - it requires $500
What do you like best about Xlence?
Well, the first thing that comes to my mind when i need to mention this broker is their customer oriented service. I remmebr how I cam here, had questions, submitted them on the website. Replies came on email, really fast. Separate thanks to Hamda from xlence support team who swiftly replies to me - he explained the account grading system
The number of instruments is pretty sufficient, and leverage is high too.
What would you improve about Xlence?
spreads - that is what ought to be improved, they are not super wide, however, having lower is desirable for sure. Hope, it will be taken into account
Overall
soon it will be 3 years I have been using the platform, so far so good. I use mt5, it works well, server side connection is robust - market data is accurate, no price misquotes.
What do you like best about Xlence?
checking positions for weekly trades works just fine for me
What would you improve about Xlence?
would be plus if they offerd more advanced charting tools - a couple times felt like i needed a bit more flexibility for my charts
Overall
my first profitable trades been with this broker thats why decided to stay with them longer and no regrets.
so far so good
What do you like best about Xlence?
I think their strength lies in how they treat their customers, it was very postive in my case and in case of my friends who also trade there
secondly, it's of course that there are no specific comission on all of their accounts (with some minor exceptions)
What would you improve about Xlence?
sometimes their podcasts don't work - i mean not loaded even after several reloading.need to refine that
Overall
I started with the essential account, without any upgrades, and it was sufficient for my daily trades. even without upgrades my forex majors had stable spreads, i got no major issues with mt4/5.Everything worked fine - charts/indicators, the speed is good too.Help's always there when you need them.
What do you like best about Xlence?
The withdrawals are processed within one day, but there were moments where it was more, but that’s fine because at the end of the day I got the money all the time. So it’s important that they keep maintaining the same high level.
What would you improve about Xlence?
They need to integrate something modern, and that would most probably be the new trading platform. Also they could make a raw trading account, I would hop in that immediately.
Overall
Overall, as I mentioned the experience was stable and didn’t leave me in doubt at all. I’m passionate about forex pairs. The fees are good, but always can be better. Plus, the diversity of forex pairs is wide enough to take several intraday positions across currencies.