Xlence

Xlence Reviews

Reviews 68
4.5
Contact us
Reviews 68
Filters:
Rating
Language
Sort:
Most recent

just the way I trade

read market wizzar'ds series books, and re-read the book on "stock traders"...there the quotes from Steven a Cohne resonated with me...i.e, you need to bet more when thre is conviction., and conviction grows when there is a prevailing catalyst and supportive broader market movement...
So I swing trade stocks. One thing to have strategy, another is to have a right broker. My right broker is Xlence. It offers pretty wide pool of insturments, espectially within stocks...but swaps, eh, could be a bit lower, tho not an issue. all great, solid broker

enjoying

enjoying trading on their mt5 platform. It's good no commissions on the accoints,makes the entry less burdening. My demo ride was ok, then I bought the essential. Not bad I'd say, not bad at all. But i guess i'll switch to prime. More attractive spreads they offer there. Yep, you gotta pay for comfort, can't argue with that. Fast depositing by the way

active broker

I appreciate how active this broker is. Not just giving us the platform and collecting commissions. They keep active social media, a very good youtube channel with regular podcasts on hot topics and economic news. Excellent market analysis and insights. This is how a supportive broker should look like. Great job in this regard

they deliver

reputable broker that gives real stuff:
-stable mt5
-tight spreads
-modern trading central features

I didn't have concerns, and they let me trade with comfort

Staying functional after being

Xlence trading academy should be appreciated among traders more. I’ve seen 10 brokers but most of them were offering just basic and common information like spreads, swap fees and how to differentiate them. Here? The situation is different, a lot of trading strategies and explanations on how to trade cryptocurrencies or other instruments effectively. How to stay psychologically strong, I learned that trading isn’t about being right. It’s about staying functional after being wrong and keeping to stick to the initial plan. That’s what separates hope from craft.

Trustworthiness

I’ve seen enough reviews about them and how people were sharing their positive experiences there. That was a key reason why I joined, well, they indeed don’t charge any commissions on trades, except when it comes to trading indices, but I guess it doesn’t matter since I’m not into them. I mainly trade shares and cryptos, spreads are narrow, and variety of assets is pretty huge.

the broker with good costs

the broker doesn't charge comission even on the accounts like deluxe or ultimate, with some exceptions, but still great offers for traders imho.I'm on deluxe, like it so far, very competitive spreads around 0.6/0.7,good for my fx trades.I also like experiemnting with the levrage,gives enough room to make bold moves.But watch for shaky times-risk grow immensely.

Having solid trading experience

Recently i upgraded my account level and now i trade with their Deluxe account. I was a bit surprised how improved the spreads are here compared to the other accounts i used in the past. This concept of accounts has grew to me, and i like it now even though in the beginning it didn’t look attractive at all

Like their platform

Especially about the account types. It’s not the standard offer for accounts, it’s more like a loyalty program. You can improve your account and with that the spreads, and some trading conditions get better, if you grow your account size and trade continuously. It’s a fair concept. If you are a profitable trader, you can reach the Deluxe account level pretty soon, and the spreads here are really good.

Solid broker, fair trading terms

I like their concept, i like their platform. This is a broker that a bit more experienced traders would like. No flashy offers, just a simple metatrader based broker with focus on the traditional markets and excellent trading conditions. The leverage of up to 1000x is a great offer, too

good, if you dont have much experience

where to get experience, of course by actually trading and laying down proper foundation.
To trade you need a proper broker, and after doing my thorough research, I have decided to go with Xlence. It met all my criteria, though not to the full extent, but still fine. Quite broad pool of assets, powerful trading platfroms. And of course I liked the educational section. their courses on technical aspects of trading are really helpful.
As for trading costs, cant say spreads are that low, but ok. IN general , a quite good place to trade

Education

As a trader who is not that experienced in trading, I appreciate the help of xlence. They provide free educational material, which is actually decent. The education consists of 4 pillars, introduction to forex, technical / fundamental analysis and some reasy to use trading strategies. Honestly, each section of education was equally important for me. I didn’t quite finish the fundamental analysis and strategies, but even now I’m trading with peace in mind knowing that I have to follow my plan.

Their spreads aren’t the lowest, and I noticed tha...

Their spreads aren’t the lowest, and I noticed that right away. But the execution is rock-solid, so I don’t mind paying a bit more. I understood that cheap spreads are useless if your orders lag. So far I’m focused on trading XAAUSD because it’s easy to predict its moves according to FED policy.

I’d like to talk about essential things such as or...

I’d like to talk about essential things such as order execution. On a past broker I lost part of my balance because of slippage, so I was extra cautious when I switched here. So far the trades have gone through the way I expected, even when markets were moving fast. That gave me more confidence not to repeat the same mistake again.

Futures indices

Spreads here are starting from 1-2 points for nasdaq, and honestly, I thought that there would be no commissions, but it’s charged for futures indices, which is ok. Commission is about $10 per lot, but I never opened 1 whole lot, it’s tooo much, like account balance must be more than 10k to actually be able to manage that risk yk. So, i’m not paying much, only for spreads. Plus, the daily analysis and news are something to watch out for, they have decent info out there. I make my own analysis on the platform, but sometimes it’s better to skip a day if there is too much news.

Academy is here and is quite comprehensive

Structured courses cover technical analysis qutie well I think and I found their forex strategy materials helpful for refining my trading approach. Everything is explained step by step, ELI5 style. However, some advanced topics could use more depth. It's not a course, though, it's a broker, and a good one at that :0

leveraged trading

flexible leverage here is smth I value, the smaller the accnt size, the higher the leverage, up to 1:1000. so it kinda helps to grow an account...
spreads can be lowe tho

Trading gold going well

I start trading with Xlence with only $100 deposit… that’s how much i had after I blew up an account with another broker. I’m glad that i didn’t give up and started all over again. Now, with a better broker and with better trading terms, I did surprisingly good this week with Gold, and can say the spreads and execution here is really good

Transferring via google

Google pay was a perfect choice for transferring funds and all transactions always proceed at the click of fingers. I liked their education section, n' learned many new things. Earlier I was going big or staying on the sidelines, but now I have a clear understanding of when I have to open a position. The minus is that all information was assimilated through written text.

Educational resources are detailed

It’s one thing to offer face level and basic materials but it’s another to actually give resources that are comprehensive and also detailed. I appreciate that I am able to learn and earn here which has always been the goal.

learning forex step by stepp

I am new trader, needles to say… I learn trading here with Xlence and want to recommend their trading academy to anyone willing to study… the tutorials and lessons is easy to understand, show me how read charts and trade Forex step by step. More, analytics helped me to make those first trades, gave me confidence to hit the buy button :)

Quality

This platform offers very quality education and edu materials.. Like it

Instant deposit

Opened an account yesterday and deposited my account. The transfer was instant

If trading a bit more the broker won’t let you down

This is why I give more chances for brokers to show how they can benefit from trading. Hear some positives about this one and better conditions if you’re willing to deposit more. Basically it was some sort of loyalty, decreased costs of trading. The platform was familiar for me too. MT4 or MT5, no difference for me, I traded on both and both were fine.
But benefit popped up after exact execution of trades. Haven’t seen the same speed many years. Order execution and payments, in particular. Not long awaiting withdrawals, mb it’s crypto.

The metatrader 5 version

It’s my favourite platform and I like how the order execution works here. I’ve not encountered any heavy troubles while trading commodiites and forex pairs.

Share exepriecen

Used the broker to test out crude and gbp/usd. those are the assets I usually tarde as they are prone to technical analysis, especially the gbp pairs.
orders filled cleanly. execution is on point. Gold spread wider during Asian session but that’s a usual thing to observe, but that’s normal.
Asian session is not for the faint of heart lol sometimes spreads jump like crazy for non asian relayed assets.

Some downsides but some upsides too

The upside is the payments, lots of ways and max is $50k payment with bank card. I mean I've never paid that much with mine, not even close, but nice to have the option. From my experience, no fees on depos /withdraws too, at all.
Downside is the asset variety, less than 500. There's no crypto for trading too, even though they have it as payment option.

Payments

I was worrying about how I would make deposit and withdrawal payments because I rarely use bank cards in my life. I hold all my savings in a few crypto wallets like Phantom, MetaMask and TrustWallet. Fortunately, Xlence accepts money in crypto currency USDT and BTC and it was a real relief for me. Used usdt for transactions and everything went smoothly from the first attempt. I like it!

Fundamental knowledge of macroeconomic

I always paid attention to only technical analysis but noticed how my results were worse compared to those traders who were combining fundamental and technical analyses.
Glad that I learned a lot of new things about the importance of understanding macroeconomic policies of international banks and how their actions influence market conditions.

Trusted

They have a reputation of a solid company and this is because they offer some solid conditions and withdarwals were on point, this is actually most important. education is weak though.

Wow i didnt expect it to be this fast

Because my last experience was delayed i did not expect a change so now i am understanding that it my be a technical situation which they solved. Most Payments came through in less than 24hrs , no stress at all. The interface is easy to use, and there’s clear info on fees. But had one case where I had to resend ID docs—bit annoying. Still, for an intermediate trader, it’s been mostly smooth.

Over all good

there are no certain assets I noticed, and the webtrading is overall scuffed. Its this online metatrading thing that I dont like at aall. The rest is great - how it looks, how affiliate works, fee structure. BTW I encourage everyone to become an affiliate, it literally doesnt cost anything. Completely free, but you can potentially earn some extra money for trading. Thats what I'm trying to do right now, just posting trading results on social media. Not that hard to do at all.

Nice

Wow brokers are really coming up these days and I have to say Xlence is doing a pretty good job, The standards are getting high and xlence is putting us traders were we deserve to be. Beautiful service, amazing options and good payment duration

Trust

This is a very big thing and having this level of confidence with the broker is amazing.

Xlence

Xlence

4.5