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XLENCE -

Score

3.33 /10
Danger

XLENCE

Seychelles

1-2 years

Regulated in Seychelles

Derivatives Trading License (EP)

Medium Risk

Offshore Regulation

https://www.xlence.com/en

Influence

C

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index1.76

Business Index4.66

Risk Management Index8.90

Software Index4.00

License Index1.76

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Tradeco Limited

Company Abbreviation

XLENCE

Platform registered country and region

Seychelles

Company website

X

Facebook

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Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2026-05-01
  • Current data indicates that this broker does not have trading software. Please be aware of the risk.

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Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Deducting profits

They placed a legitimate order, set a take-profit order, deducted profits from the winnings, and then blocked my account, preventing me from withdrawing my principal. This is a truly fraudulent platform. Never trust this company; they are all scammers.

FX4046660414
2025-11-05 18:58
Others

There are very few payment methods here, and I only trade stocks during the quarterly reporting period, so I need to withdraw. Complete the transaction from time to time, and then deposit later. But there is no suitable method here. But when it comes to payments, there are very few and inconvenient payment methods.

There are very few payment methods here, and I only trade stocks during the quarterly reporting period, so I need to withdraw. Complete the transaction from time to time, and then deposit later. But there is no suitable method here. But when it comes to payments, there are very few and inconvenient payment methods.

GhaziMoghadam
2025-03-09 03:04
XLENCE · Company summary
Xlence Review Summary
Founded2003
Registered Country/RegionSeychelles
RegulationRegulated by FSA
Market InstrumentsForex, metals, indices, commodities, futures, and shares
Demo Account✅
Islamic Account✅
LeverageUp to 1:1000
SpreadFrom 0.18 pips
Trading PlatformMT4 and MT5
Minimum Deposit0
Customer Support24/5 support
Contact form
Facebook, LinkedIn, TikTok, Twitter, YouTube, Instagram
Regional RestrictionsThe USA, Iran, Cuba, Sudan, Syria and North Korea

Xlence is a brokerage firm founded in 2003 and registered in Seychelles, regulated by the FSA. It offers over 300 trading instruments across 6 asset classes, with a maximum leverage of 1:1000 through MT4 and MT5 trading platforms. However, it does not support their physical address and there are many residents who have no access to trade with them.

Xlence's homepage

Pros and Cons

Pros Cons
Regulated by FSARegional restrictions
MT4 and MT5 offeredNo physical address
Many kinds of account typesNo flexible payment methods
Social media presence
No minimum deposit requirement

Is Xlence Legit?

Xlence is offshore regulated by the Seychelles Financial Services Authority（FSA), holding Retail Forex License, with No. SD029. Besides, they provide negative balance protection.

The Seychelles Financial Services Authority (FSA)
Regulatory Status Offshore regulated
Regulated by Seychelles
Licensed Institution Tradeco Limited
Licensed TypeRetail Forex License
Licensed NumberSD029
Offshore regulated by FSA

What Can I Trade on Xlence?

Xlence offers over 300 trading instruments across 6 asset classes including forex, metals, indices, commodities, futures, and shares.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Shares✔
Futures✔
Metals✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
Mutual Funds❌
What Can I Trade on Xlence?

Account Type

Xlence offers found kinds of accounts, including the Xlence Essential, Xlence Prime, Xlence Deluxe, and Xlence Uitlimate accounts. Besides, they also offer the Islamic accounts without a minimum deposit.

Account TypeXlence EssentialXlence PrimeXlence DeluxeXlence Ultimate
Bonus ✔✔✔✔
Minimum Lot Size0.01
Lot increment
Stop out20%
Swap free/Islamic account✔
Dedicated Manager❌✔✔✔
Account comparison

To open an account of Xlence, it is easy and simple. You can enter your personal information to finish the opening procedures.

Register with Xlence

Leverage

Xlence offers the maximum leverage of 1:1000 to their accounts. It should be noted that high leverage such as 1:1000 can lead to significant profits, but it also comes with extremely high risks.

Xlence Fees

Xlence offers different spread across different accounts, products, and currency. Therefore, to learn specific spread, you should look through and learn form their spreads set carefully. Besides, they do not charge the commission.

Account TypeXlence EssentialXlence PrimeXlence DeluxeXlence Ultimate
EUR/USD Spread (Minimum/Average)1.1/1.40.9/1.20.6/0.90.4/0.7
XAU/USD Spread(Minimum/Average)0.23/0.250.18/0.200.18/0.200.18/0.20
Commission❌❌❌❌

Trading Platform

Xlence supports MT4 and MT5 to trade their instruments. Both MT4 and MT5 offer access to expert advisors for algorithmic trading and trading signals. You can explore the markets via desktop, mobile, or web browser at your convenience.

Trading PlatformSupported Available Devices Suitable for
MT4✔Web/ Phone/ DesktopBeginners
MT5✔Web/ Phone/ DesktopExperienced traders
MT4 and MT5

Deposit and Withdrawal

To carry out a deposit or withdrawal, simply log into your account and access the client portal. The main currencies supported for these transactions are AUD, CHF, PLN, RUB, HUF, EUR, GBP, and USD. Deposits are free of charge on our end. However, it's important to note that your bank or payment service provider might impose extra fees.

Deposit and Withdrawal

User Reviews

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User comment

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Mainard Dumont
0-3months
J'ai commencé à trader l'année dernière - je fais des trades Eur/Gpb sur le compte essential. J'aime bien les spreads en général, mais le support devrait être plus rapide à mon avis... 2 fois j'ai attendu plus que prévu
J'ai commencé à trader l'année dernière - je fais des trades Eur/Gpb sur le compte essential. J'aime bien les spreads en général, mais le support devrait être plus rapide à mon avis... 2 fois j'ai attendu plus que prévu
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2026-04-24 21:46
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tarik_ao
0-3months
pas seulement le forex et l'or mais aussi une très large gamme d'autres marchés. Je ne sais pas si c'est standard chez tous les brokers. Je suis encore un newbie et je n'ai pas beaucoup d'expérience avec d'autres brokers. Ce qui m'a fait choisir cette plateforme, c'est: - de bons avis - un dépôt minimum bas pour ouvrir un compte réel; - MT5 est disponible, l'appli que je sais déjà utiliser - des analyses de marché régulières
pas seulement le forex et l'or mais aussi une très large gamme d'autres marchés. Je ne sais pas si c'est standard chez tous les brokers. Je suis encore un newbie et je n'ai pas beaucoup d'expérience avec d'autres brokers. Ce qui m'a fait choisir cette plateforme, c'est: - de bons avis - un dépôt minimum bas pour ouvrir un compte réel; - MT5 est disponible, l'appli que je sais déjà utiliser - des analyses de marché régulières
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2026-04-18 11:17
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