Xlence

Pros: Support is quite professional, they know what they are doing and all the time Igot quality service with fast and helpful answers.
Price is quite alright for popular pairs as well, even on essential account it was nice.

Cons: I've known xlence enough time to separate it's cons from pros, and there are some cons too, hopefull they'll take it as advice and not hate!
Design of the members area can be better, like a trading platform with custom TV charts and etc.
And it's not so easy to find information on the website, it's limited - like the leverages on various specific assets like shares. Same goes to accounts and their min. deposits, this info should be displayed.

Overall: Some interesting format of education, it's audio based mostly. Watched the full podcast on YT and I gotta tell you it was full of nice insights. Perhaps its difficult to incorporate that kind of information directly to your trading - it's nice to have a broader perspective on how market operates and what are the forces driving the price right all the time. Still I like this format much better than just text they used to have!! because that was super boring, and sorry for criticism ...

Pros: Let’s be honest, charts don’t change much across platforms. But execution is the main difference between brokers. Xlence has been reliable in executing all my market and pending orders in a timely manner, while my previous brokers couldn’t boast of a large liquidity pool to support fast execution during critical moments on the market.

Cons: I’d like to see a new platform, probably tradingview or at least create your own mobile platform with new features and user interface.

Overall: In general, I don’t have any objections about the Xlence performance. I trade everyday, depending on market conditions, I adjust my approach and focus on specific assets. For instance, XAUUSD and XAGUSD are the main focus for me.

Pros: Fees and trust are two main aspects that I like about them. Trading with them for over 2 years, no issues.

Cons: Maybe it would be the fact that they don’t offer trading view platform.

Overall: To be honest, I can’t complain about my trading experience. Everything was smooth throughout my long lasting journey.

Pros: Pretty solid leverage of 1000x which give great opportunity to grow an account with a high winning trading strategy as the one I currently use

Cons: The spreads on the essential are okay, i mean are not bad, but for better spread you need improved account level and higher deposit or patience to grow an account size

Overall: The platform is okay, but it rewards you as you grow as a trader and as your trading account keeps growing. And I like that, because this broker is a good fit only if you are into the long-run. I managed to create a high-winning trading strategy on usdjpy, and I know that three months from now I'll trade with an account size which will bring me the daily profits I want.

Pros: They offer enough accounts for flexibility. I guess it won’t create any problems for new users. Everyone will be able to choose the most suitable account that suits their needs. I checked all the terms and conditions carefully and I can say it’s worth it to upgrade the account from basic to higher levels. I started from an essential, and already upgraded it to prime status. Spreads are tight and commissions are free on most assets except for indices. It’s fine since I’m not into indices, so I think it’s a good choice.

Cons: The platform lacks advanced charting tools... It’s time to keep up with the trends, all brokers started adding the MT4 and the MT5 terminal. I think they should take it into consideration and work on it also.

Overall: I’ve traded for a long time here, if I’m not mistaken it’s been 2+ years. I lost several deposits here, and over time, I’ve learned to focus more on risk than returns. I finally found a solid approach on how to stay consistent for long without deep drawdowns.

Pros: Their reputation is really impressive and this is a pro in general because this is what made me open acc here

Cons: There is not suitable account offer for scalping or one with raw spreads

Overall: The trading conditions are clear and easy to find and understand. No tricks here, not surprised later. I appreciate this level of transparency and honesty

Pros: Fees are great! I already upgraded my account, and I could instantly feel that spreads got tighter. As for commissions, they don’t charge any, even with the essential account.

Cons: When I requested the VPS server, the response was kinda slow ngl.

Overall: I’m running two algo bots at the same time on one VPS server, and it’s been paying me off nicely. Bot is very picky btw, and is compatible only with brokers that offer tight fees like 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.