“No questions about their reliability. I tested:
-trading conditions
-deposits
-withdrawals
-support team
Not gonna lie, I expected some pitfalls, but everything was alright. The only nuance is the account system might seem weird, but overall nothing critical. Can’t complain.”
“Idk what's the point of making the vip raw spreasd acc with mt4, thats the advantage and disadvantage for ya. but $6 comission for that acc seems notbaad.
If you like trading shares and stuff then mt5 is better anyway, because this comission based account is still kinda niche.
for me its gold forex and sometiemes shares, when i see the setup. but mostly its the traditonal assets, those are profitable if you know how to use them”
“Can they deliver a stable performance? It was my first question, because I didn't find much info about their order execution model and whether they’re ok for scalping. That’s why right away I proceeded directly to testing the platform on my own. Trading with tick charts on mt5. You know it wasn’t bad. Orders were filled timely without rejections, spreads could be lower on essential account.”
“While I was trading on MT5 terminal, I noticed execution felt natural. To my surprise, my buy stop limit and sell stop limit orders are always executed instantly, and that matters a lot since I mainly trade around the major news.
No weird delays, otherwise I would have lost half of my deposit. By the way, trading central is worth every penny, it offers plenty of useful tools for analysis.”
“Xlence has an interesting account upgrade system that I haven’t seen anywhere else. Like I wanted to start my journey with the prime account right away, but had to start things off with an essential account before jumping to prime. The fees for the essential acc are not bad by the way - spreads of 1.4 pips on average + zero commissions.
Still, it is worth upgrading the acc, since with the prime I get tighter fees - 1.1 pips on avg + zero commissions. Plus, it’s possible to get a swap free upgrade for any acc, but the process is a bit compl;icated.”
“You migth think MT5 is the obvious winner, and it's right if you prefer only spreads. But for mt4 enjoyers theres a vip raw spreads acc with decent comission, only $6 per lot, for scalping some liquid assets like fx majors and gold, that's more than affordable, unless you are doing like 1+ lot trading. For me spreads only is okay, essential + Mt5 for some forex and some shares too, chill trading.”
“I started trading gold on this patform, when it was making its historik moves. Nice adjustable leverage, good spreads and even a chance to get swap free. These conditions made my xp more effective💪”
“they have certain downfalls but I just impressed with their size. $50k payment with bank card can be done here o_O and the ultimate and deluxe account, size!! They are not joking around. I know that my 2k are noteven the thought in their mind.”
“would be good if they added another accunt type to start with...right(?) would make their account structure stronger imho.
I started trading gold and liked it....I think I picked the right moment - last summer, before the current madness began
Depositing works well. Didn't notice any visible issues since I registered 1.5 years ago. And t's good they offer tc tools. Fair pricing for the integration”
“Podcats are a great idea by xlence, the only thing is that you guys gotta make them frequent . I think one full podcast like every 2 weeks is great, because it can be chopped up to pieces and you have someting to share regularly. Right now it's lacking frequency to be honest. Maybe its their experimental format and they are chekcing reviews, in this case, I think its something to look into for sure.
Enjoying my essential account, conditions are better and with mt5 its no problem. Im even getting into shares trading, something new for me really.”
“Surprising things you discover once you start trading there. I primary mean their mt4 account, based on raw spreads. Sometimes, it’s just a better option because:
a) it has fixed commission and not so tied to volatility, making trading costs more predictable
b) as a rule of thumb, the execution model is better
Since I was more into scalping recently, it was a good choice. Commission is good.”
“I’ve seen traders obsess over tools. For example, most traders rely on Trading Central too much, but in reality I think behavior matters more. If you know how to control your emotions, success will follow later. That’s what I realized while learning educational content on xlence platform. I especially loved learning fundamental and technical aspects of trading fr. So far I'm focused on Crude Oil🤫”
