Score
XLENCE
https://www.xlence.com/en
Website
Rating Index
Influence
Influence
B
Influence index NO.1
Contact
Licensed Entity:Tradeco Limited
License No. SD029
Single Core
1G
40G
1M*ADSL
- The Seychelles FSA regulation with license number: SD029 is an offshore regulation. Please be aware of the risk!
Account
- Environment--
- Currency--
- Maximum Leverage1:1000
- SupportedEA
- Minimum Deposit--
- Minimum SpreadEUR/USD:0.6/0.9;XAU/USD:0.18/0.20
- Depositing Method--
- Withdrawal Method--
- Minimum Position0.01
- Commission--
- ProductsForex, Metals, Indices, Commodities, Futures, Shares
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Website
xlence.com
45.60.195.253Server LocationUnited States
ICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Genealogy
Relevant Enterprises
Company Summary
| Xlence Review Summary | |
| Founded | 2003 |
| Registered Country/Region | Seychelles |
| Regulation | Regulated by FSA |
| Market Instruments | Forex, metals, indices, commodities, futures, and shares |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 0.18 pips |
| Trading Platform | MT4 and MT5 |
| Minimum Deposit | 0 |
| Customer Support | 24/5 support |
| Contact form | |
| Facebook, LinkedIn, TikTok, Twitter, YouTube, Instagram | |
| Regional Restrictions | The USA, Iran, Cuba, Sudan, Syria and North Korea |
Xlence is a brokerage firm founded in 2003 and registered in Seychelles, regulated by the FSA. It offers over 300 trading instruments across 6 asset classes, with a maximum leverage of 1:1000 through MT4 and MT5 trading platforms. However, it does not support their physical address and there are many residents who have no access to trade with them.

Pros and Cons
| Pros | Cons |
| Regulated by FSA | Regional restrictions |
| MT4 and MT5 offered | No physical address |
| Many kinds of account types | No flexible payment methods |
| Social media presence | |
| No minimum deposit requirement |
Is Xlence Legit?
Xlence is offshore regulated by the Seychelles Financial Services Authority(FSA), holding Retail Forex License, with No. SD029. Besides, they provide negative balance protection.
| The Seychelles Financial Services Authority (FSA) | |
| Regulatory Status | Offshore regulated |
| Regulated by | Seychelles |
| Licensed Institution | Tradeco Limited |
| Licensed Type | Retail Forex License |
| Licensed Number | SD029 |

What Can I Trade on Xlence?
Xlence offers over 300 trading instruments across 6 asset classes including forex, metals, indices, commodities, futures, and shares.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Futures | ✔ |
| Metals | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Mutual Funds | ❌ |

Account Type
Xlence offers found kinds of accounts, including the Xlence Essential, Xlence Prime, Xlence Deluxe, and Xlence Uitlimate accounts. Besides, they also offer the Islamic accounts without a minimum deposit.
| Account Type | Xlence Essential | Xlence Prime | Xlence Deluxe | Xlence Ultimate |
| Bonus | ✔ | ✔ | ✔ | ✔ |
| Minimum Lot Size | 0.01 | |||
| Lot increment | ||||
| Stop out | 20% | |||
| Swap free/Islamic account | ✔ | |||
| Dedicated Manager | ❌ | ✔ | ✔ | ✔ |

To open an account of Xlence, it is easy and simple. You can enter your personal information to finish the opening procedures.

Leverage
Xlence offers the maximum leverage of 1:1000 to their accounts. It should be noted that high leverage such as 1:1000 can lead to significant profits, but it also comes with extremely high risks.
Xlence Fees
Xlence offers different spread across different accounts, products, and currency. Therefore, to learn specific spread, you should look through and learn form their spreads set carefully. Besides, they do not charge the commission.
| Account Type | Xlence Essential | Xlence Prime | Xlence Deluxe | Xlence Ultimate |
| EUR/USD Spread (Minimum/Average) | 1.1/1.4 | 0.9/1.2 | 0.6/0.9 | 0.4/0.7 |
| XAU/USD Spread(Minimum/Average) | 0.23/0.25 | 0.18/0.20 | 0.18/0.20 | 0.18/0.20 |
| Commission | ❌ | ❌ | ❌ | ❌ |
Trading Platform
Xlence supports MT4 and MT5 to trade their instruments. Both MT4 and MT5 offer access to expert advisors for algorithmic trading and trading signals. You can explore the markets via desktop, mobile, or web browser at your convenience.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web/ Phone/ Desktop | Beginners |
| MT5 | ✔ | Web/ Phone/ Desktop | Experienced traders |

Deposit and Withdrawal
To carry out a deposit or withdrawal, simply log into your account and access the client portal. The main currencies supported for these transactions are AUD, CHF, PLN, RUB, HUF, EUR, GBP, and USD. Deposits are free of charge on our end. However, it's important to note that your bank or payment service provider might impose extra fees.

Keywords
- Within 1 year
- Regulated in Seychelles
- Retail Forex License
- Medium potential risk
- Offshore Regulated
Wiki Q&A
What is the leverage offered by Xlence?
The leverage can go up to 1:1000. Personally, I use lower leverage because 1:1000 is too risky for me. But the option’s there if you know how to manage it.
What is the spread of Xlence?
I looked at their account comparison before choosing. My Ultimate account gives me tight spreads, like 0.4 pips on EUR/USD and 0.18 on gold (XAU/USD). But if you’re on the Essential account, the spread is wider.
Is Xlence safe and legit?
In my opinion, Xlence is legit. I saw that they’re licensed by the FSA, and they’ve been around since 2003. That gave me some trust, although I stay cautious because offshore regulation isn’t as strong as in the EU or Australia.
What platforms does Xlence provide?
I’ve used both MT4 and MT5 with Xlence—they offer both. I personally use MT5 on mobile for faster order execution and better charting. It works smoothly on my phone and laptop.
User Reviews 30
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FX4046660414
Hong Kong
They placed a legitimate order, set a take-profit order, deducted profits from the winnings, and then blocked my account, preventing me from withdrawing my principal. This is a truly fraudulent platform. Never trust this company; they are all scammers.
Exposure
GhaziMoghadam
Saudi Arabia
There are very few payment methods here, and I only trade stocks during the quarterly reporting period, so I need to withdraw. Complete the transaction from time to time, and then deposit later. But there is no suitable method here. But when it comes to payments, there are very few and inconvenient payment methods.
Exposure
ralphsanger6
Germany
Had to contact the support to get info about the min. deposits for better accounts, and it's not that cheap as well. But the conditions scale up pretty nicely so you will have better spreads on most pairs and gold too. MT5 does the job well with these accounts and I think mt4 is old already.
Neutral
Sabiq_A
Qatar
Honestly, I don't know the exact point that turns you from a beginner into an intermediate trader, but I started trading a few months ago and I really feel like I'm improving. I studied some lessons from the academy, and technical analysis has made a huge difference for me. I started with an 'Essential' account, but I feel like I'm about to outgrow it and need a higher level.
Positive
AdilJouahri
Morocco
I am a beginner trader and I am learning Forex trading here, with pairs like EUR/USD. At first, I didn't know how to open positions or read a chart. I am satisfied that their courses were designed for beginners like me, without assuming that one already knows how to trade or read charts... Starting from scratch was exactly what I needed, and I found what I was looking for here.
Positive
MariemIsmail
Tunisia
I am new to this platform and I must say that my first impressions are very good... The entire platform seems to have been designed in a professional manner, with no improvisation whatsoever. Excellent resources, plenty of tools, and reliable trading infrastructure. They could perhaps improve the design of the different account types, but that's a matter of taste, I suppose...
Positive
OmarMahmoud
Egypt
The WebTrader version for the MT4 platform is outdated, hard to connect to, and took me a lot of time to set up and run the way I want. But the account system is good, especially the 'Zero' account, which has no spread and charges a $6 commission per lot. For people who like short-term trading (less than 5 minutes), this account is really excellent.
Neutral
RedaTazi
Morocco
Xlence broker offers what we're accustomed to: an MT platform. It's not the best in terms of interface or charting tools, but automated trading is what makes it appealing to me. Considering the trading volume I handle, I highly value their order execution speed—with absolutely no price slippage at all. A decent broker, despite some minor weaknesses.
Positive
NihelLeon
France
First of all, the platform is mt5 and there is not much to say about it, as it is a solid platform with many tools for creating charts. However, I would like to draw attention to their spreads. For the EUR/USD pair with a Prime account, spreads are usually between 1.2 and 1.4 pips, which is quite competitive.
Positive
NasserAl-Shehri
Saudi Arabia
I liked that this broker adopted a simple approach in everything, achieving smooth and flawless performance. The features they provided made everything quick and smooth. For example, after making my deposits, they offered me digital currency wallets for direct transfers, without intermediaries. Depositing was excellent, and withdrawing in digital currencies was the fastest ever in my experience.
Positive
SebastianAshworth
United Kingdom
As soon as i stepped into this broker, i got an xlence essential account, which is basically the standard account here. I wouldn’t say that it’s bad, especially if we consider the fact that the account is absolutely free and i didn’t have to make a certain amount of money deposit. However, spreads are still a bit wide than i would like to see - 1.2 pips avg
Positive