XLENCE

GhaziMoghadam

Unverified

Saudi Arabia

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.

ralphsanger6

Unverified

Germany

Had to contact the support to get info about the min. deposits for better accounts, and it's not that cheap as well. But the conditions scale up pretty nicely so you will have better spreads on most pairs and gold too. MT5 does the job well with these accounts and I think mt4 is old already.

Neutral

10-27

Sabiq_A

Unverified

Qatar

Honestly, I don't know the exact point that turns you from a beginner into an intermediate trader, but I started trading a few months ago and I really feel like I'm improving. I studied some lessons from the academy, and technical analysis has made a huge difference for me. I started with an 'Essential' account, but I feel like I'm about to outgrow it and need a higher level.

Positive

10-16

AdilJouahri

Unverified

Morocco

I am a beginner trader and I am learning Forex trading here, with pairs like EUR/USD. At first, I didn't know how to open positions or read a chart. I am satisfied that their courses were designed for beginners like me, without assuming that one already knows how to trade or read charts... Starting from scratch was exactly what I needed, and I found what I was looking for here.

Positive

08-29

MariemIsmail

Unverified

Tunisia

I am new to this platform and I must say that my first impressions are very good... The entire platform seems to have been designed in a professional manner, with no improvisation whatsoever. Excellent resources, plenty of tools, and reliable trading infrastructure. They could perhaps improve the design of the different account types, but that's a matter of taste, I suppose...

Positive

08-15

OmarMahmoud

Unverified

Egypt

The WebTrader version for the MT4 platform is outdated, hard to connect to, and took me a lot of time to set up and run the way I want. But the account system is good, especially the 'Zero' account, which has no spread and charges a $6 commission per lot. For people who like short-term trading (less than 5 minutes), this account is really excellent.

Neutral

08-14

RedaTazi

Unverified

Morocco

Xlence broker offers what we're accustomed to: an MT platform. It's not the best in terms of interface or charting tools, but automated trading is what makes it appealing to me. Considering the trading volume I handle, I highly value their order execution speed—with absolutely no price slippage at all. A decent broker, despite some minor weaknesses.

Positive

07-16

NihelLeon

Unverified

France

First of all, the platform is mt5 and there is not much to say about it, as it is a solid platform with many tools for creating charts. However, I would like to draw attention to their spreads. For the EUR/USD pair with a Prime account, spreads are usually between 1.2 and 1.4 pips, which is quite competitive.

Positive

07-06

NasserAl-Shehri

Unverified

Saudi Arabia

I liked that this broker adopted a simple approach in everything, achieving smooth and flawless performance. The features they provided made everything quick and smooth. For example, after making my deposits, they offered me digital currency wallets for direct transfers, without intermediaries. Depositing was excellent, and withdrawing in digital currencies was the fastest ever in my experience.

Positive

07-03

SebastianAshworth

Unverified

United Kingdom

As soon as i stepped into this broker, i got an xlence essential account, which is basically the standard account here. I wouldn’t say that it’s bad, especially if we consider the fact that the account is absolutely free and i didn’t have to make a certain amount of money deposit. However, spreads are still a bit wide than i would like to see - 1.2 pips avg

Positive

06-20

FX6699687020

Unverified

United Arab Emirates

What any broker can do is comply with our laws and offer trading terms without overnight interest or swap fees. The platform needed some updates, and the user interface looked old to me, but I liked how they treated me as a beginner. There are even ready-made guides to implement some trading strategies, which was very helpful for a start.

Positive

06-12

AliHamed

Unverified

Egypt

Honestly, they provided a swap-free trading service and kept their promise. It was necessary for me to trust the broker before engaging in any transactions with them. I traded oil and gold contracts without paying any commissions or fees, only the spread was different. Therefore, the service is definitely suitable for Arab traders. On other matters, it is better for them to work on providing additional alternatives.

Positive

06-10

SofianeOuahidi

Unverified

Morocco

It meets most of the indicated levels. Good stability, fast speed, and trustworthy.

Positive

06-09

PierreLaurent

Unverified

France

I was eager to trade American stocks, but since I am unable to do so when the markets are open, I was looking for a broker suitable for regularly taking swing trading positions. Some of them charge absolutely exorbitant swap fees, but fortunately, Xlence is much more advantageous for long-term traders like myself.

Positive

05-31

IbrahimKhaled

Unverified

Egypt

Perhaps I ask my questions at a time when Arabic language support is not available, but most of the time only English language customer support is available. And of course, it is difficult to explain the problem I am facing, which is why I communicate with them using Google Translate only. I mean it serves the purpose, but it is certainly better to add more support members to facilitate communication.

Neutral

05-31

AbdullahAlZaabi

Unverified

Kuwait

Price differences may not seem very attractive at first, but when you consider the absence of trading commissions, things start to become clearer. I'm almost certain that you can only open an account in dollars, euros, or another specific currency, so currency conversion will likely affect most of us.

Positive

05-31

JackLambert

Unverified

United Kingdom

Honestly, the difference is spreads between account types in not MASSIVE at all. I only trade daily charts and I was never bothered by high costs even when trading exotic forex or oil and gas. They say it's about 0.03 pips but I haven't really checked to be honest.

Neutral

05-23

PierreCélestin

Unverified

France

At least they don't charge any commission. That's what I thought after examining the forex spreads for the major pairs. With the upgrades, the situation has significantly improved and since I was trading on a daily basis, it was nothing more than a good deal. The platform operates without slippage and payments are executed quickly. It's not a bad broker for forex trading. No doubt about it.

Positive

04-28

Mohammed AlSaud

Unverified

Saudi Arabia

My experience was mostly positive, and I praised this platform for its good trading features, including reasonable fees, competitive spreads, and accurate trade execution. One of the drawbacks I encountered while using this platform was the lack of educational content and market analysis. I believe it would be beneficial to add online seminars and topics on trading tools to improve its content.

Neutral

04-24