Xlence

Pros: Biggest pro is the prices and payments. I know i have to withdraw to my initial deposit acc and thats why I didnt chose card because its longest. bank withdrawal 5 working days, which is 1 week.

Cons: they kind of gave up on education there is podcast and thats it huh

Overall: Maybe not the best broker out there overall. but for me it's good enough because i am trading with them and i know how they care about trading and improvement. i know in some years they get even better

Pros: very easy to just open an account and get to trading. demo account showed me some nice costs, like on eur/usd and on oil which i trade frequently.

Cons: right now i think their education a little bit lacking because just some podcasts and thats it.

Overall: i didnt know it was easy for making deposit. when i chose deposit they have many methods like crypto too . its very nice and comfortable for people to depo and withdraw :)

Pros: What do I like about them? It’s quite simple - fees + execution speed. Spreads for gold start from 0.23 on a standard acc, while execution is almost always instant.

Cons: Swap fees are charged. Swap free upgrade is present, but it’s a bit complicated imho

Overall: Been trading with xlence for 2+ years. Legit broker that offers a good and safe trading environment. Never had any delays when it comes to fund withdrawals.

Pros: After making little profit decided to test withdrawal process of the broker, it was approved almost immediately within 10 minute. However had to wait bcuz transaction perdion took longer, nevertheless overall it took roughly 1 hour.😮

Cons: Interface of the broker was not impressive it seemed outdated, even clicking on the tab above did work.

Overall: Spend 4 month trading wit xlence, trading conditions were solid, the spread were low indeed expect some slipages here and there. Withdrawals proceed mostly 1-2 hours max.

Pros: Low spreads and zero fees are what exactly makes xlence an exceptional broker. I personally trade on an essential acc, but am definitely going to upgrade my status soon

Cons: They charge fees on indices, it would be nice if they get rid of fees there too.

Overall: In general, I’m pretty satisfied with our cooperation, no complaints.
I'm hope they'll add some interesting AI features in the future.

Pros: MT5 integration stable with fast chart loading.
One-click trading fires instantly during London session.

Cons: Mobile version noticeably slower than desktop. Chart switching lags.

Overall: Xlence as trading broker is decent. Desktop experience is strong. I analyze on mobile app but open the deals on my laptp

Pros: Server uptime excellent during London-NY overlap. No crashes during 8 months of active daily use. Chart loading is fast with multiple indicators.

Cons: Mobile version noticeably slower than desktop. Chart switching during volatility lags.

Overall: Reliable trading software for desktop users. The mobile gap is the main issue holding it at 4 stars.

Pros: good account upgrade system. Was understandable once i started trading.
also good articles about some assets like oil

Cons: haven't seen so far - i'm being still in the testing phase

Overall: testing xlence with oil trading, sometimes checking indices. So far it's been good. Diving in more...

Pros: For me, the biggest plus was the availability of Trading Central. And for that you don't need to deposit huge sums, just $500 and you have full access to this tool. Also this TC tool is supported with internal AI features because it provides you with support and resistance lines. In Market Buzz it gives you bubbles for the most liquid assets and, it also provides probable price targets.

Cons: Unfortunately, not everything is perfect. Trading Central is good, but spreads for Forex pairs, especially major ones like EURUSD and USDGBP, are not always in the optimal range, imho...

Overall: I'm quite an old customer here with the broker, shall say that in general the broker is fine, both for long-term investing and fast trading methods.

Pros: No limitations for trading strategies. You can trade whatever you feel like trading, from scalping to trading the news

Cons: Not really a con, but would love to see a cent account

Overall: Even though I still learn and test a lot of strategies, not really trading for profits yet, I can say that the platform behaves pretty well.
Spreads are tight enough and you can trade any kind of strategy

Pros: Use mt5 and it has fast execution speed. The market range and the spread on my account level are pretty good, too

Cons: Tradecopier is well-designed but not many traders have hooked up yet

Overall: No surprises, not positive, not negative. When we talk brokers this is good news :) i like when everything is transparent and you know what to expect and the broker truly delivers on its promises

Pros: their conditions are clear, nothing suspicious. I trade gold - all's clear: spreads, leveraging, charting...

Cons: they can add some micro volume account types - more variety at start

Overall: I noted: more active, deposit more and see more features for boosting trading. Now on the deluxe - satisfied.

Pros: First of all, I enjoy trading fees with the broker. No matter the upgrade of the account, fees are pretty balanced and suit day trading or scalping well. Secondly, I gave a shot to a copy trading feature and was left impressed. I was avoiding it for quite some time, but the feature is definitely worth giving a try, since it eases trading journey and opens a new way to earn money.

Cons: Accounts are not swap free by default. You need to reach out to them, meet certain requirements, wait for approval… it’s a bit of a hassle. It would be fantastic if they could simplify the process of obtaining a swap free acc or make it so by default, doubt that anybody wants to pay those rollover fees

Overall: I wanna talk about my copy trading experience. It was pretty good. I save time by automating my trading, which is perfect when I can't watch charts all day. I also like that I can easily follow multiple strategies for balanced diversification of funds, so that I don't rely on just one trader's style. It's not a get rich quick tool, but used wisely, it can bring some consistent profits.

Pros: Trading Central is truly underrated. I thought it was just a marketing gimmick, but in reality, it’s practical. I get a lot of ideas and insights about markets. In addition, there are many market outlooks published on a daily basis. This helps me get the bigger picture about market sentiment.
Educational content contains advanced information, not just some basic topics like “what is forex”, “why trading forex is good”, and so forth. I find it very interesting and apply all those new strategies in real trading. Also, when I had to withdraw my first profits from xlence deluxe account, I got some minor issues, but customer support reacted quickly and assisted competently.

Cons: I don’t know the reason for emphasizing zero commissions on all account types if you charge fees on indices. It would be great to have zero fees on indices in the future too.

Overall: By and large, everything goes pretty smoothly. At the moment, I’m trading BTC and ETH. They’re doing well compared to other global assets like XAGUSD, XAUUSD, and stocks. As you know, the markets are under high pressure due to the blockade of the Strait of Hormuz. Financial funds withdraw their reserves from golds, stocks and other assets, preferring to keep cash on the side. From what I’m seeing, BTC making lower highs and lower lows, there’s one more leg down left around the $57000 area. I’m looking for a bounce there, that’s where I’m going to build my swing-positional long heavily. （￣︶￣）↗

Pros: The mt5 platform that let me learn a lot - from just observing price trends to placign orders. All's working smoothly and rather quickly.
Another good thing I noticed about the broker is how organized and structured their support feedback. I receive well-detailed feedback to all my requests I send them regularly.

Cons: It's not a drawbacl actually but I wanted to see some of soft commodities and those related to agriculture. That would be nice to have for trades like wheat and corn which I do.

Overall: I liked their instruments lists, especially commodities (corn, wheat - I do these most of the time, and more rarely - soybeans). Though it's been 5 months only, I can say that the platform is very comfortable for these assets especially. Liked to place stop limit orders, mt5 handles it very well. I'm still exploring the platform though...

Pros: What I liked most about xlence is that it offers MetaTrader 4… so it feels familiar if you’ve traded before. Especially for trial trades when testing in demo. Charts load fast, the interface is clean. Setting up trades / testing strategies has been simple (used different stuff like oscillators a lot).
Also liked that the platform allows switching between accounts or checking positions and it straightforward. The mobile version works well too. On my android was convenient for quick trades when not at my desk...

Cons: I read reports of slow withdrawals and extra verification steps. It made me cautious with larger deposits. For some advanced analytics you gotta need MT4 add-ons - it can feel a bit clunky.

Overall: On average my experience with xlence was decent and fairly smooth. Trading across assets like forex pairs (mine was gbp/jpy), commodities (gold, oil) was easy to manage within the same platform. Charts were responsive, switching between different markets felt seamless. Demo testing strategies was straightforward. Starting with demo gradually exploring different assets to get comfortable would be good especially for newbies.

Pros: They have not only demo account, but in the end they also have Cent account, which helped me a lot at the very start. They hve great progression: demo->cent -> essential -> deluxe etc. Very step by step, and once I got deluxe, I realized I'm already a good trader, and don't need to worry much now.

Cons: I guess they should have more users, but they have high standards, possibly too high. The low-end users are not attracted to this product enough.

Overall: I would recommend, but only if you go through the long step-by-step process that I used. For me it worked very well, and I think its certainly lower risk than most approaches.

Pros: Tbh it was fairly easy to open up and set up and account here, good UX in member area, its important.

Cons: Not impressed by overall asset selection on shares, its still a bit limited. There can be way more like 1000+ and with more territories like western markets maybe Korea, Japan and China. This can make share trading even more popular here.

Overall: Been on demo for a week or so, and so far Im satisfied with what I get. There may be some negatives, but any broker has both strong and weak sides. In case of xlence, things related to trading and conditions are okay, thats' why Im still here and building confidence to hop on live trading. Its going to be an essential account for sure, but their account structure give some serious motivation because price can be cut by 50% which is a lot, though the accounts probably have their requirements.
Whats more important is that xlence seems like a reliable broker, havent seen any problems with them. They were even on ifx expo, thats a good sign.

Pros: Support is quite professional, they know what they are doing and all the time Igot quality service with fast and helpful answers.
Price is quite alright for popular pairs as well, even on essential account it was nice.

Cons: I've known xlence enough time to separate it's cons from pros, and there are some cons too, hopefull they'll take it as advice and not hate!
Design of the members area can be better, like a trading platform with custom TV charts and etc.
And it's not so easy to find information on the website, it's limited - like the leverages on various specific assets like shares. Same goes to accounts and their min. deposits, this info should be displayed.

Overall: Some interesting format of education, it's audio based mostly. Watched the full podcast on YT and I gotta tell you it was full of nice insights. Perhaps its difficult to incorporate that kind of information directly to your trading - it's nice to have a broader perspective on how market operates and what are the forces driving the price right all the time. Still I like this format much better than just text they used to have!! because that was super boring, and sorry for criticism ...

Pros: Let’s be honest, charts don’t change much across platforms. But execution is the main difference between brokers. Xlence has been reliable in executing all my market and pending orders in a timely manner, while my previous brokers couldn’t boast of a large liquidity pool to support fast execution during critical moments on the market.

Cons: I’d like to see a new platform, probably tradingview or at least create your own mobile platform with new features and user interface.

Overall: In general, I don’t have any objections about the Xlence performance. I trade everyday, depending on market conditions, I adjust my approach and focus on specific assets. For instance, XAUUSD and XAGUSD are the main focus for me.