“long term holding is kinda tricky,,,,on the one hand u dont want to miss the swing, but at the same time u have to be aware of the accumulating costs from swaps....and they, swaps I mean, here can be lower....not saying they are super high, it depends - if the swing is fast moving and u r right, then it wont make a big deal coz the profits will offset the costs, but if hold for longer, then need to take them into account.
ANyway, proper order execution from mt5 here, and there is good TC help”
“What a pity to have better spreads, you need to pay 2k or even more, if you want best spreads. Idk what I have on their essential account was enough to feel myself comfortable. Yes, it’s not the lowest trading costs, but as long as I don’t lose on profits, I’m fine. I’ve already made some nice trades, by using current silver, holding long trades, keeping close attention to waves. I’m on swap free”
“cant rly understand the idea of making one separate account for each payment , youcan make one wallet that will include all of them and allow the moving of funds universally.”
“It wasn’t a mistake to choose them. Wide range of markets, including futures. Considering how well my session based liquidity grab trading strategy worked, giving me 1k net profit, I’m happy here.”
“I know that upgrading to ultimate is costly but with time it can make sense in the long run, for example if you trade with proper volume and that 2x less spreads on popular pairs can make the difference after some time. If you trade chill with like intraday style then 1.4 average on eur usd it satisfactory for all, and even this average spread is lesst than average in the market.”
“I was interested in why gold didnt decrease much in costs as you improve the account.turns out it was affordable to start with even for essential. and if you like to trade with comissions then you can do a vip zero spread account where gold is at tight spreads with $6 per lot comission, and fx too btw. the versatility is really out thre, you can choose and find whats good for you.”
“I was sure impressed to see crypto payments there, + networks. But I was even more surprised to see raw spreads accout, turns out xlence is not as simple as it seems. good one”
“I have been trading with xlence for over two years now. I already managed to upgrade my account to deluxe, which significantly decreased the trading fees. The average spread number that I face now is about 0.7 pips for EUR/USD + zero commission fees. Hope to upgrade further, but it will take some time.”
“Xlence surprised me in a good way. When I placed a few buy limit orders simultaneously on different assets, and two of them filled at the same time, the platform didn’t glitch, it matters a lot when you use scalping strategies. So seeing how they operate in real market conditions, I decided to trade here further. Btw, my current account is xlence prime where I had to deposit $2000 which is not bad”
“alpha gen and tech views are legit supportive tools, made my trade decisions more profound and inclusive of all possible risks the broker is truly modern, secure trading there”
“I think I could trust this broker, because they’re regulated and use metatrader software that I know. I discovered a great way to trade by using swap free grace period. In this way I save on some fees”
“I had a really pleasant chat with the support at xlence. Maybe some important things and aspects are left aside and not displayed on their website, as the min depo requirements for each account type, but on the good side the customer support is friendly and very helpful… and easy to get in touch with”
“The more, the better. For somebody, their approach might seem not fair, I mean how the account system works. For me it’s reasonable. When you trade with whole lots, having some good volume, every pip in the average spread, affects your performance. The broker understood it very well, offering lower spreads. I’m a day trader and 0.9 spread on my account is more or less favorable.”
“I appreciate how active the broker is. They publish articles or videos every single day. The youtube channels they have are active and it’s a treasure trove. I love the podcast. I don’t have any trading buddies so this is very good for me to stay in the loop and be updated with what’s new in the industry and in the markets”
“The market insights, the analysis, the podcast… this is exactly what looks like excellent support that brokers can provide for their traders to keep up with the latest news and trends. Not straight signals, with entry and tp and sl points, those are useless if one wants to learn. But this way, explaining what’s going on and give traders chance to do their decisions and learn from it”