Score

3.29 /10
Danger

XLENCE

Seychelles

1-2 years

Regulated in Seychelles

Derivatives Trading License (EP)

Medium potential risk

Offshore Regulated

C

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Comparison

Quantity 2

Exposure

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Score

Regulatory Index1.76

Business Index4.35

Risk Management Index8.22

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

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Company summary

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Warning: Low score, please stay away!
Previous Detection : 2026-02-12
  • The current information shows that this broker does not have a trading software. Please be aware!

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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
MT4Web/ Phone/ DesktopBeginners
MT5Web/ 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

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Samir Benyahia
0-3months
C'est le compte le plus basique de cette plateforme mais quand on regarde les spreads et la vitesse, c’est un très bon compte. Je n'ai pas beaucoup d’expérience dans le trading mais au moins je peux affirmer quand quelque chose fonctionne bien. C’est exactement ce qui s’est passé, tout fonctionne bien comme je l’espérais
C'est le compte le plus basique de cette plateforme mais quand on regarde les spreads et la vitesse, c’est un très bon compte. Je n'ai pas beaucoup d’expérience dans le trading mais au moins je peux affirmer quand quelque chose fonctionne bien. C’est exactement ce qui s’est passé, tout fonctionne bien comme je l’espérais
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2026-02-08 12:51
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FX7891595732
0-3months
لقد وجدتُ هذا الوسيط وأجريتُ أبحاثي الخاصة عنه، أولاً وقبل كل شيء، من الجيد أن موقعه الإلكتروني يدعم اللغة العربية، فهناك بعض الوسطاء لا يوفرون ذلك، وهذا جانب إيجابي. وثمة أمر آخر، وهو أن الوسيط يتمتع بتقييم ومراجعات جيدة بشكل عام على الإنترنت. لقد فتحتُ حسابًا وأودعتُ مبلغ 7500 دولار، وكل شيء على ما يرام حتى الآن. ومع ذلك، كنتُ أتوقع فروقات أسعار أقل؛ لذا فهذا أمر يحتاج الوسيط للعمل على تحسينه، أما بقية الجوانب فهي مستقرة
لقد وجدتُ هذا الوسيط وأجريتُ أبحاثي الخاصة عنه، أولاً وقبل كل شيء، من الجيد أن موقعه الإلكتروني يدعم اللغة العربية، فهناك بعض الوسطاء لا يوفرون ذلك، وهذا جانب إيجابي. وثمة أمر آخر، وهو أن الوسيط يتمتع بتقييم ومراجعات جيدة بشكل عام على الإنترنت. لقد فتحتُ حسابًا وأودعتُ مبلغ 7500 دولار، وكل شيء على ما يرام حتى الآن. ومع ذلك، كنتُ أتوقع فروقات أسعار أقل؛ لذا فهذا أمر يحتاج الوسيط للعمل على تحسينه، أما بقية الجوانب فهي مستقرة
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2026-02-06 20:06
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