Xlence

Pros: I’ve experienced platform freezes elsewhere. Here, stability was fine, even after one of the biggest crashes on XAGUSD and XAUUSD.

Cons: Maybe they should add more features for TA and FA methods. I mean fancy add-ons.

Overall: I’ve been here for 2 years already, and seeing such a stable operation for all that time, tells me about how reliable this broker is.

Pros: They keep their clients engaged and updated with the market news. Their podcast is very useful in this regard.

Cons: I only wish the entry requirements for more advanced account levels were more affordable and accessible for average traders, not only for high-rollers

Overall: What made me open account with Xlence was a friend who traded with them and had no issues with any of the services, including withdrawals. Knowing that the platform is reliable from a person that actually have traded here was reassuring.

Pros: This broker is well-regulated, so no questios about safety of my funds and data...
Another thing that deserves attention if of course Trading Central. It is like special technical ecosystem that is powered with both human experts and AI driven algos....Once I am onver on demo, I will move to a real account and for sure will use TC - Alpha Generation seems promising.

Even thogh on a demo account, MT5 seems good in terms of order execution. I check market data - all is fine, correct quoting. Spreads are in the optimal range.
As for edu stuff, well, the podcast of the broker is quite itneresting, smth new to find there for sure.

Cons: It is not that the broker has smth that is bad, but it is more that they probably need to add some sort of trading view intergation, charts or direct connection.

Overall: Several months here, but I am filled with positive emotions only. The feedback I have with customer support is constant and mutually respectful. My plan is stick on demo a bit more, and then move to a real account.

Pros: As soon as they introduced a tradecopier, I decided to try it. There were not that many traders, but now the variety is big. I found a decent trader that brings me profit…

Cons: Probably only disadvantage is that metatraders are the only platform to manually trade with. A bit of variety would be cool, such as ctrader as example

Overall: I didn’t come across any issues or problems with them. The copy trading works smoothly and withdrawals are on time

Pros: Usual stuff that I and millions of traders are familiar with: futures and forex cfd trading on mt software. They’ve done a good job for not just giving naked platforms, but adding some useful tools, like TC for 500+ deposits.
And some insider information, they have a vip account with raw spreads. Good to have one, if you ever plan to trade with robots or scalp.

Cons: The biggest drawback is the lack of tradingview integration. Better charts and TA experience, it would be. Also, cannot say that spreads are the tightest, especially on less flashy accounts.

Overall: In their segment, a good one with some distinctive features and organized infrastructure. I consider this broker a suitable option for cfd trading. Even support has a necessary expertise, what to say about the broker.

Pros: Has MT5 on Android, iOS, MacOS, Windows, WebTrader now. Used to have only MT4, and even that just a few years ago. Now they are fully expanded, and frankly, in every way I trade, I'm content.

Cons: Webtrader could be a bit better implemented, in terms of purely UI and hotkey usage, but honestly it wasn't a big problem for me. As long as you don't do the bulk of the charting on there, its fine.

Overall: With how easy for me it was to get into it, and the fact that demo version is free, and there is no sub, no payment after that, except the swap fees and the spread fees for actual trading, I would say it was one of the better experiences I've had with a brokerage software. Especially if you are into machine learning, and can build your own tools for AI/ML, the expert advisors (essentially, bots) that are available for construction in MT5, are incredible in scale and power.

Pros: MT5 is obviously the best software for trading. I was in full 'Ttradingview' camp for the longest time, and to my detriment. That thing, is either forcing you to pay, just for charting with it, or is forcing you to watch adds. Can't even add more than 2 indicators at a time, into the same chart, if you are free-tier, lol
With MT at Xlence, no such restrictions. In fact, so far I found zero restrictions at all.

Cons: I think they could do a better job advertisign themselvs, because even I thought TV was superior, for the longest time. There's just more talk about it on the web. And thats why most people lose money trading, instead of making it with full advanced MT imo.

Overall: Last year, only doing stocks and metals, and both are up-only, pretty much. Some of the easiest time to be alive on this planet. Clear levels of invalidation, otherwise I'm long eveyrhting, even for 2026 still.

Pros: Solid environment for forex trading. Good spreads system, upgraded through the account. Proven software like metatrader 4, metatrader 5, featured trading central hub.

Cons: There was smth more than forex, but conditions I don’t think are the best. For example, commissions for futures, along with spreads, made futures trading less efficient.

Overall: I appreciate this broker for a good classic forex experience. All traditional stuff was there from non-commission spreads based trading to favourite metatrader, good for both algo and manual TA based trading. Execution was reliable by the way.

Pros: Both mt4 and mt5 platforms are there, either web, desktop or mobile. Another like is for responsive support and different wallets for a better convenience.

Cons: At the beginning, it was hard to understand their acc system. Turns out the more you deposit, the less spreads you pay. Seemed fair, but not for everyone.

Overall: I had a positive exp with the broker. All major things worked stable. I worried about withdrawals the most, but it was performed fine.

Pros: Apart from having two metatraders, both MT4 and MT5, they offer trading central, which is so good. It has daily trading ideas and technical analysis that are trusted by professional traders. That’s why I’m confident in them and use those ideas in my trading routine.

Cons: Good trading conditions, but it’s not possible to start with an account that I want right away. I had to upgrade it each time.

Overall: Xlence is good for intraday trading. I’m trading on a deluxe account at the moment with 0.7 pips on average only. Also no commissions, which makes it even better. Anyway, besides that they proved to have a good stability. It’s been two years since I joined, and both executions, payments were performed smoothly.

Pros: The educational content is huge there. It’s another level. When I opened topics about fundamental and technical analyses, I was surprised by how far they had gone. Usually most brokers don’t care about our education, but Xlence indeed wants us to be successful. I learned how to read earnings reports properly and what the main difference is between P/E and P/S ratios. It’s a must have to know if you’re going to trade shares in the stock market.

Cons: Honestly, the design of the website looks kind of outdated, they should update it and make it fancier because a new generation of traders might be disappointed by that and think that the broker is behind all competitors. Not gonna lie, that's exactly how I felt when I took a look at their website for the first time.

Overall: Sometimes you will have bad moves that will punish your deposit, and the best way to stay afloat on markets long enough is reduce your size and keep risk contained. Of course, I thought about quitting trading multiple times, but seeing how other traders really succeed in this area makes me keep my eyes on the prize and not give up.

Pros: The Xlence trading conditions are perfect on a Xlence prime acc. Spreads from 0,9 pips, minimum deposit is $2000, and no commissions which makes the trading process more cost-efficient and that's what I liked most about them

Cons: Xlence has enough benefits, but I’d like to see their proprietary mobile app, I believe they have enough resources to build a cutting-edge platform. Let’s be honest, MT4 and MT5 are outdated already, and old school traders use them.

Overall: I’ve had winning streaks that made me tired or I couldn’t even enjoy them. And then losses usually followed quietly. As a result, I blew accounts a few times in a row until I changed my trading approach. It’s not worth trading every day because the market will punish you for your self-confidence.

Pros: There are no commissions for opening and trades on all assets except indices. Since I’m not trading indices, I don’t care about those fees, so yeah, when it comes to trading on the stock and forex market, or commodities, I’m not worrying about high trading-costs.

Cons: The variety of trading accounts is big here and it gives enough flexibility to choose the best one that can suit my trading strategy. However, you gotta bear in mind that the system of choosing accounts works differently here and that’s exactly what is annoying me here. I had to start from an essential status and only after depositing much more, I could get a prime status.

Overall: I remember chasing confirmations after the entry. Trying to justify decisions retroactively. That habit faded with experience and now I’m always analyzing charts before opening any positions, that saves me a lot of nerves.

Pros: Conditions were nice despite the fact that commission was $10 per lot. But for indices, this volume could be achieved in 3 trades, considering my account balance. So I was satisfied with pricing and glad they have futures trading enabled. Technically best assets for a day trading.

Cons: Before, it was a problem that they only had mt4, now after some time passed, since they added mt5, I can’t complain about the platform's issue.

Overall: For the futures day trader, it was a good experience conditions wise. I even could get access to free trading analysis to add some confluence into my trading. This broker is developing and that’s something to be happy about, since I’ve already got used to their services.

Pros: Xlence offers enough trading accounts with different conditions, this fleixibity allows us to choose the best option. Also, I liked how much effort they’ve put into providing top-notch education. I didn’t expect them to provide those lessons absolutely for free because the quality of explantation is very clear and they’re not trying to confuse me with useless terminology unlike in other brokerage places.

Cons: I don’t know what the reason is to not write any information about minimal deposits on all accounts, they should change this approach, there’s no need to keep such things secret.

Overall: I started from a small deposit with an essential account. I remember how I forced trades just to feel productive. My mindset was “more trades, more profits”. And that habit quietly drained my account, now I value clarity over activity, even if there are only 3 clear setups in one month.

Pros: I liked their services to support traders. From a bunch of analytical tools for free, including custom indicators and daily market to ideas, to the actual customer support, which was competent to provide answers to all my questions. In terms of execution, the broker did its job too. Smooth

Cons: Swap-free accounts are not for everyone, nor are spreads the lowest I’ve ever seen. Plus, didn’t see something unique that only this broker has.

Overall: Well, if you putting the topic of some “trading magic” that should be happened at this platform, I think the broker is fine. I mean for usual trading on mt4 with a certain extent of support and trustworthy service, welcome aboard.

Pros: Many pros, but i like the high leverage, low entry threshold, good promotion campaigns that run often

Cons: No con, but suggestion i have: built custom app with tradingview charts

Overall: I am a risky kind of trader. Trade forex with small acc and high leverage. This is a solid platform for my trading style. I blow up accounts frequently and like that setting up a new account is fast and simple process

Pros: my mt4 runs have been good, steady and not interrupted by inconsistent price data lods
demo was necessary before starting live trading

Cons: I think the support, especially on Telegram, should work 24/7 not 24/5, especially for when testing something on demo

Overall: In general, I can describe my trading experience with Xlence as satisfying. I didn't have disappointments placing my orders on mt4 especially (I work mostly on that platform). Fx majors behave well, as should be, I mean spreads are more or less predictable. The Telegram channel is convenient enough, especially if chatting with support staff but they need to be active on weekends as well. At least on Saturday, so questions asked on Friday won't be hung on here till Monday. MT4 is reliable, I did my updates with scripts so had no problem with adjusting my trades to different scripts.

Pros: recently they added mt5 as well, which is a huge deal. Web app, despite of what I'm gonna say about it in the cons section, at least loads fast. Its the fastest loading time out of all the web trading apps that I've tested.

Cons: Webtrading experience still could be improved though I think. Adding keyboard shortcuts for example, would go a long way. In general web UI needs some work.

Overall: I know I was harsh about the web trading experience. I hope they take my criticism well, and see what needs work there. Downloadable app though (both for mobile and PC) I would give max scores. Hardly anything at fault that I could find.

Pros: MT5 is more up to date compared to MT4, which I really like. It has DOM and an economic calendar integrated as well, which MT4 didn’t even have. All in all, like the features it has.

Cons: The futures indices commissions are charged. They have a warning about it on the website, but it’s really small, they need to make it more visible.

Overall: Started off strong with an Xlence essential account. The fees are not even bad, the spreads are usually 2 points for us500 futures. As for the trading execution they didn’t let me down, filling the orders instantly.