“I liked the fact that the broker was very reasonable from the first day. Even their account system that didn’t favour me much, was fair. Bigger deposit = better conditions. Fair and square. Anyway I wasn’t picky about the 0.2-0.4 spreads difference. I fell in love with futures trading which somehow seemed to have better execution. These assets were available on mt5 and I could trade them without paying overnight commissions. Since people recommended me to trade on higher timeframes, it seems like a good deal.”
“The payment section is straightforward enough. I like being able to sort things out myself without contacting the support. That tells how their system is built well. When i made my first withdrawal, I could see clearly where the request sits after I submitted it. However, i think they could add more payment options...”
“software is really intense. so many timeframes, chart types, drawing tools. Its more complex than tradingview, dare I say. Even just researching which timeframe is best to daytrade on, took me on a deep rabit hole... Right now, I trade m5 with confirmations on m1, and only in the direction of the general trend of m30. Was hard to get there and undersaaand, but was worth it.”
“I both trade and copy trade there, and it worked both ways. Copy trading is rather for fun really, since there are not many traders that you can copy or traders who can copy from you. I guess it's a relatively new service by the broker. But manual trading was established enough. Metatrader and its all capabilities, including trading central integration. It was free for me.”
“Like the platform and like the account types approach. Also like that upgrades to accounts can be “bought” with xlence coins. The loyalty program is lit, like that too.”
“so far I think xlence is a reputable broker. i didn’t finad anything that was shady, like some strange price spikes and whatnot. on the contrary the spreads are pretty stable and low”
“I was quite stressed when I couldn’t access my frozen account and wasn’t sure where to turn for help. After reaching out, I was grateful for the quick and thoughtful response. They took the time to listen to my concerns, understand my situation, and guide me through the process. With their assistance, I was able to regain access to my account. I truly appreciate their patience, professionalism, and kind support throughout the process.
Details
Karinsmith 485 @ gmail . com ”
“Both good platforms here, MT4 and MT5. While mt5 is an obvious choise, if you opt for mt4 you can get one more acc here, vip zero spreads with $6 lot comission, It's not on the website but only for mt4 platform.
On mt5 it starts with essential, not bad per se, of course the lower costs would ne more appreciated.”
“xlence is good for
- daytrading first and foremost. with this market range and account types it’s possible to make 6-7- deals every day with decent daily profits
- algo trading. I a trying to find a proper ea for mt5 for my gbp strategy cuz spreads and execution are really good for this. it’s a pity there is no xlence vps to install my mt and deploy trading bot to trade 24/7 without interruptions.”
“xlence execution is very fast and reliable as far as my trading is concerned. this thing with upgrade od essential account is an unncessary complication i think but it doesn’t affect my trading or withdrawals, which is the most important thing”
“I wasn’t particularly into the idea of spreads, based on account size. I couldn’t afford opening a 10k deposit and getting starting spreads of 0.6 which could make me effective in trading… not for now at least.
At the same time, I appreciated the effort of providing necessary trading tools. Had a choice to pick up either mt4 or mt5 (honestly still don’t understand what is the difference), while using trading central features, like market buzz and alpha generation. It was a good helping hand to analyze charts better.
Plus,xlence didn’t let me down in payments.”
“They do have some quality, but need to put better effort and make it consistent.
What I mean: they used to have a podcast, and they did a whole episode and cut it in many parts. The episode itself was very informative and I kinda liked it, but dind't get to see more.
Same goes for theblog, from time to time they drop a gem like the psychology article with many entries on it, you can get some great tips on there too. But it's once in a blue moon, and they need to make it more frequent.”
“The web MT5 version works pretty well there. Placing the market and pending orders takes a few clicks. Execution stays solid during CPI or NFP publication.”