Our comprehensive Xlence Broker Review provides valuable insights you may wish to consider before trading with this leading forex broker. Enhancing your knowledge and understanding can help you make better-informed trading decisions and invest with greater confidence.
FX Trust Score Index Ratings
How the Trust Index worksXlence Broker Pros and Cons
- Wide range of account types
- Competitive, tight spreads
- Advanced trading tools and insights
- Multilingual customer support
- Comprehensive educational resources
- Inactivity fees applied after 90 days
*All trading involves risk. It is possible to lose all your capital.
Xlence at a Glance
-
Overview
-
Client Support
| Year Established | 2024 |
| Licences Held | FSA (Seychelles) Licence verified 16th March 2025 |
| Demo Account Available | Yes |
| Base Currencies | USD, EUR, GBP |
| Promotions | Yes |
| Account Opening Time | 1 minute |
| Withdrawal Fee | None |
| Inactivity Fee | None |
| Minimum Deposit | None |
| Minimum Position Size | 0.01 lot |
| Maximum Leverage | Up to 1:100 |
| Spread Type (Fixed/Variable) | Fixed and Floating |
| Average Spread (based on EUR/USD) | 0.4-1.1 pips (Depending on Account) |
| Available Assets | CFDs on Forex, Commodities, Metals, Stocks, Futures and Indices. |
| Number of Currency Pairs | 80+ |
| Account Types | Essential, Prime, Deluxe, Ultimate, Islamic (Swap-Free) |
| Mobile Trading | Yes |
| 24/7 or 24/5 Trading | 24/5 |
| Hedging Allowed | Yes |
| Scalping Allowed | Yes |
| Swap Free Account | Yes |
| Languages | 8 (32 on MT4) |
| Affiliate Program | Yes |
| Free Educational Resources | Yes |
| Daily Technical Analysis | Yes |
| Platforms | MetaTrader 4 (MT4), MT4 WebTrader |
| Payment Methods | |
| Deposit methods | Bank Wire Transfer, Credit/Debit Cards, Local Bank Transfer, Skrill, Neteller, FasaPay & Perfect Money.
No Deposit Fees (Coverage for Wire Transfer Charges for Deposits of $10,000+) |
| Withdrawal Methods | Bank Wire Transfer, Credit/Debit Cards, Local Bank Transfer, Skrill, Neteller, FasaPay & Perfect Money. |
| Withdrawal Times | Range from same day to 10 business days, depending on the payment provider |
| Withdrawal Limits | Bank Wire Transfer: $100 Minimum |
| Currencies | Multiple currencies supported, including USD, EUR, GBP |
| Live Chat | Email, 24/5 Multilingual Support |
| Contact Info | Email: support@xlence.com |
| Social Media Channels | X (Twitter), Facebook, Instagram, |
*All trading involves risk. It is possible to lose all your capital.
Is Xlence a Trusted Forex Broker?
In this comprehensive broker review, we will be taking a closer look at Xlence, an impressive newcomer in the online trading scene. Our expert team has conducted many hours of detailed research into the broker, analysing its performance against set criteria taken from our proprietary FX Trust Score Index. Factors assessed include regulation, security of funds, fees, educational resources, online reputation, client support and more. Keep reading on for an in-depth guide to Xlence, as we break down all the key details you need to know about, helping you to decide whether the broker is the right choice for you.
Introduction to Xlence: A Brief Overview
Xlence is a fully regulated, Seychelles-based online broker, offering competitive trading conditions on a wide range of financial instruments to clients across the world. First established in 2024, the company has made great strides over a short period of time, rising to become a trusted and reliable choice for traders of differing backgrounds and experience levels.
It has achieved significant recent growth by providing clients with a diverse product offering, consisting of localised account options, advanced tools and insights and access to MetaTrader 4 (MT4), the world’s most popular trading platform. The broker has developed a strong reputation from a customer experience perspective and continues to prioritise human interaction over AI bots in its client support service. Its user-friendly client portal interface and easy-to-navigate website allows traders to access the markets quickly and efficiently.
Is Xlence Safe?
Licensing and Regulation
As a responsible forex broker, Xlence is fully authorised and regulated by the Seychelles Financial Services Authority (FSA). By holding this licence, the broker must comply with a strict set of regulatory rules and procedures set by an internationally-recognised body. It also demonstrates to traders that Xlence upholds the highest standards when it comes to guaranteeing fair trading practices, fee transparency and fund security. FX Trust Score has cross-checked the validity of Xlence’s FSA licence and can confirm that it is both valid and active.
Security of Funds and Protection
Xlence maintains transparent business practices by ensuring that client funds are kept safe and secure at all times. It has made the necessary arrangements to safeguard consumer rights by placing any client funds into segregated accounts. All assets are held separately from the company’s own accounts and opened with an approved bank or payment provider. Added to this, the broker applies a negative balance protection policy, which protects clients from losses exceeding their invested capital, while also reducing their risk exposure.
Xlence Trading Platforms
Clients have a flexible choice of trading platforms with Xlence, which includes the award-winning MetaTrader 4 (MT4) platform and the web-based MT4 WebTrader terminal. As the world’s go-to trading platform, MT4 is the preferred option by many traders thanks to its reliability, user-friendly interface, and advanced tools and features. It is available to download on desktop via Windows and macOS, while also being accessible on Android and iOS mobile devices. The MT4 WebTrader can be used on any compatible browser, providing added flexibility to traders without having to download any software.
*All trading involves risk. It is possible to lose all your capital.
Xlence Trading Assets
Xlence grants access to more than 300 CFD trading instruments across a range of asset classes, with forex, commodities, metals, stocks, futures and indices all featured. In total, traders can choose from over 80 currency pairs, including majors like EURUSD, GBPUSD, and USDJPY. They can also trade CFDs on Brent Crude (UK Oil) and WTI (US Oil), as well as precious metals like gold, silver, palladium, and platinum. The broker also presents traders with the option to trade CFDs on a total of 150 stocks, 15 commodities, 30 futures and 20 indices.
Trading Conditions at Xlence
Spreads & Commissions
Traders can expect competitive trading conditions, featuring fixed and floating spreads, low fees, and no minimum deposit requirement. The broker sets out a clear pricing structure, with four account types linked to different spread levels. This transparent model allows traders to upgrade their conditions depending on their trading preferences. Looking at the numbers, EURUSD spreads range from as low as 0.4 pips on the Xlence Ultimate account to up to 1.1 pips via Xlence Essential. In terms of commissions, each account type is commission-free, except for a $10 per lot charge which is applied to index futures, FX futures, and commodity futures.
Leverage
Xlence offers flexible leverage up to 1:1000 across all of its account types. Traders are able to modify and adjust their desired leverage quickly and easily from within the client portal, so long as they do not have any open positions at the time. In their terms and conditions, the broker states that the maximum leverage is limited to 1:100 on forex between 21:00 and 00:00 on Fridays and prior to major economic news releases. Increased margin requirements are also applied to other instruments during these clearly defined time periods.
Xlence Customer Support
The company provides 24/5 customer support from Monday to Friday 10am until 7pm (GMT+2), which is available in more than 20 different languages. Clients are able to contact an Xlence representative via the company’s website either by filling out a contact form or sending an email. From within the client portal, traders can make use of a helpful live chat option to get answers on a range of trading-related issues. The nature of this request can be tailored to specific topics like document verification, deposits, withdrawals, promotions, MT4 technical support, and general enquiries.
During peak times, clients may experience extended waiting time on live chat and if a representative is unavailable or live chat is offline, users can leave a message. On the upside, traders will appreciate getting solid answers to their queries from a human representative or ‘product expert’ rather than an AI chatbot.
Educational Resources for Xlence Traders
Xlence clearly values the importance of trader education, featuring a dedicated section of informative resources and an economic calendar on its website. There is an extensive catalogue of courses for clients to work their way through, suited to both beginner and more advanced traders. The ‘Xlence Academy’ courses are divided into four sections: Introduction to Forex, Fundamental Analysis, Technical Analysis, and Trading Strategies. The broker also keeps traders updated with the latest financial news through its social media channels, while also providing insights, tips, and daily market commentary from its team of analysts.
Xlence Online Reputation: What Traders are Saying
After analysing numerous online reviews written by real Xlence traders, it was clear that the broker has a positive reputation within the online trading community. A common theme that emerged within the reviews was how quick and easy it was to set up an account. Other features that were singled out for praise include the deposit and withdrawal process, user-friendly client portal, and reliable trading platform. Many clients expressed their overall satisfaction with the company’s multilingual customer support team, adding that their enquiries were dealt with swiftly and professionally.
How to Open an Account
Open an account with Xlence by following these simple steps:
- Visit the homepage and click the Sign Up button.
- Complete the submission form by filling out your details in each section.
- Accept the Privacy Policy and click Open Account.
- Your account will be created and you can access the secure client area where you can create a Demo or Live trading account.
- To open a trading account, you will need to complete the ID Verification process. For any additional support, you can contact Xlence via Live Chat within the client area.
The FXTS Verdict: Is Xlence a Trusted Broker?
Xlence is a trusted broker with an increasingly prominent online presence. As a company, it has made excellent progress in a short space of time, promoting a user-friendly and transparent trading environment to a growing international client base. Fully regulated by the Seychelles Financial Services Authority (FSA), the broker’s product offering makes it a well-rounded choice for all trader types. Aside from generous promotions and fast deposits and withdrawals, what makes Xlence stand out is how efficient its account opening and funding processes are. By keeping things simple and removing unnecessary complexity, traders can focus on getting started easily and diving straight into trading the markets.
*All trading involves risk. It is possible to lose all your capital.
FAQs
Xlence Broker is based in Seychelles and regulated by the Seychelles Financial Services Authority (FSA). Founded in 2024, the broker has developed a strong reputation for supporting traders of all levels by promoting an inclusive, user-friendly, and flexible trading environment.
Our analysis has found that Xlence is a trusted and reliable online broker. Regulated by the FSA (Seychelles), it adheres to strict transparency and fund safety rules, offering segregated accounts, and negative balance protection.
There is no minimum deposit for trading with Xlence. This low entry point allows traders of all backgrounds to enter the global markets and begin trading without any financial barriers blocking their path.
Xlence offers flexible leverage up to 1:1000. The exact leverage can be adjusted within the client portal to suit a trader’s specific preferences. Between the hours of 21:00 and 00:00 on Fridays, and prior to major economic news releases, the maximum leverage is limited to 1:100 on forex.
Yes, Xlence does offer trading promotions. The broker posts regular updates about its latest deposit bonuses across its various social media platforms. Traders will also receive regular email updates with ongoing promotions, for those who have opted in.
