Xlence Reviews

Summary: Started off strong with an Xlence essential account. The fees are not even bad, the spreads are usually 2 points for us500 futures. As for the trading execution they didn’t let me down, filling the orders instantly.

Positive: MT5 is more up to date compared to MT4, which I really like. It has DOM and an economic calendar integrated as well, which MT4 didn’t even have. All in all, like the features it has.

Negative: The futures indices commissions are charged. They have a warning about it on the website, but it’s really small, they need to make it more visible.

Summary: 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...

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

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

Summary: 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

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

Negative: Good spreads come only with more advanced account types

Summary: 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

Positive: 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.

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

Summary: 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.

Positive: 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.

Negative: 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.

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

Positive: 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!

Negative: 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.

Summary: 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.

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

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

Summary: 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

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

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

Summary: 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.

Positive: 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.

Negative: 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.