Is xlence.com Safe?

I didn't really like the fact that you have to upgrade your account instead of being able to access the better options right from the start. The essential account is decent, cant complain about the trading conditions, as they are competitive. Still, i wanted lower spreads right from the beginning, which prime and deluxe accs offers.

For what I trade and how I trade, this broker suited me. I use my top and down approach, from 1d to 15min timeframes. So I expected something like suitable trading costs. When I hold, they have 0 swap free acc, when I trade intraday, I can use under 1pip spreads. Isn’t it all you need for cost-effective and profitable trading?! I can tell for myself, fit me well, straight on target!

It wasn`t bad actually, everything worked, like it should be, I gotta confirm this fact. But, for me, it was strange that they charged commissions, only for futures, while other assets are free from. I don`t know from where they got this dislike of this particular asset, but $10 lot wasn`t convenient at all. The saving feature was the lack of swaps, in this case, for all instruments, they got.

Starting up with this platform has been a huge blessing to me. The environment is very homely and easy to get around. Also it is easy to use and very possible to trade more than one asset. The platform provides different assets and instruments and the platform doesn’t just provide the needs of experienced traders but also beginners who are just starting out like me. With the educational materials and fundamental analysis given on a daily basis I can confidently say that it would be a smooth trading journey and a good time on this platform.

The system of choosing an account is absolutely different from other brokerage firms here. I thought everything I needed to do was to choose a favourite account and make a deposit. But it turned out that everyone starts on xlence essential account and you can deposit only 10$ to start trading there but I wanted to get a xlence deluxe status of my account. I opened xlence essential firstly depositing 10$ and then I replenished 10.000$ and received a xlence deluxe account. As I understand, it’s kind of an upgrade system. In my opinion, they should publish this information on the website.

It is the broker with a comfortable web trader. Mind you that the trading infrastructure of xlence is built on mt4. Which i think is enough for running a basic tech analysis and order management. Speaking of trading, I prefer Cfd on futures - US500. You pay a commission ($10 per 1 lot) - and if I am correct, this is almost the only group of asset which requires commission with xlence. Service and execution are fine, recommended.

About my first withdrawal here, it was smooth and now I am at easy, I can trust the broker. OF course I look for the reviews and the licenses, but I don't fully trust any broker until I got my money, and I got it so you get my stamp of approval. The whole system of payments is done smooth, the deposit and withdrawals are intuitive, you don't need to spend time figuring out how to do it. The verification was a bit complex tho, so support helped me to actually go through it faster and solved the minor issues, good guys.