Xlence

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.

Pros: mt4 for web and android - flawless flight, runs without troubles
different account options, room to choose per preference
interesting podcast content

Cons: maybe costs for some advanced accounts could be lower but at the same time they provide better trading conditions

Overall: It's interesting how things turned out for me - it was my colleagues who recommended the broker to me, and i gotta thank them because i find Xlence a reliable to trade with. I mean i can trust them with my forex trades. Executions are fast on mt4, the speed remains high on Android too. I'd suggest you go demo first before diving in deep...

Pros: Full trading central integration, new indicators available, and daily market analysis and insights are provided

Cons: Good spreads come only with more advanced account types

Overall: For me, since i moved to trade with Xlence, i feel like i have all i need on one place. The main reason which made me switch brokers, was their support provided with analytics, with new features and mt4 indicators. The alpha indicators are making things much simpler, it automatically find major price levels

Pros: The demo account replicates real trading experience 1:1 with the only difference being in the imaginary funds instead of real money. Plus, the MT5 platform itself turns out to be very comfortable in usage.

Cons: I don’t have any complaints about the services, even the support team is friendly and helps fast.

Overall: I’m trying them out, it’s been a month now, but I like the experience. I think I will stay with them and switch to a real trading account as soon as I get comfortable with my trading strategy. Newbie issues :D

Pros: The platform is packed with tools and features for advanced trading strategies. Check alpha generation indicators for ex.

Cons: The initial depo requirements for more advanced account levels is a bit on the high side

Overall: This is an advanced platform, and while for beginners it might look like nothing special pros could spot how good it is for trading. Starting from the account types concept, to trading terms, and to the leverage offer… all is excellent

Pros: I liked the overall smoothness of the platform here, the connection is stable, the broker's server side is robust. Because of that there are no slippage issues, and market data is always correct.
The trading central ecosystem is something not to overlook. From that I get helpful insights and overall the help from the AI driver tools is smth I appreciate here.

Cons: Well, when it comes to actual costs of trading, I would not say that the spreads offered here are the thinnest, they are not terrible, but still having lower is something to work on.

Overall: It has been several months and I feel good. To be honest, it is one of the most reliable and robust brokers I've faced. So, no intentions to move from here. I trade different market assets. right now I see that equities are down from their ATH, but I don't think it is a true bear market. So, topped my account and ready to seize proper breakouts.

Pros: Features wise, very powerful. From offering two MTs, easily switching from one another, depending on what I trade. To helpful analytical tools, like TA by trading central and advanced indicators from alpha generation.

Cons: For small deposits, by default they offer an essential account which has not had the best spreads. Futures trading is commission based, not much cost friendly too.

Overall: Anyway, I didn’t have any of these problems, not touching futures and aiming to deposit enough to have a deluxe account with tighter spreads. In terms of service and offered features, I’m alright with them.

Pros: Availability of both metatraders, so I didn’t need to choose older or newer one. Support is lighting fast man, an important feature when you have nothing to rely on!

Cons: Not the most affordable to trade futures, there is a commission. But not for me, since I didn’t trade them, just a warning for others.

Overall: When you don’t have problems with the service it is already a win. I could along with only with metatrader and reliability

Pros: flexible leverage is good to open sizeable position and utilize margon efficiently.
MT5 with its numerous tools is good option here. Support is fast

Cons: I don't necessarily think that spreads are that low here, sometimes they are a bit too wide for me.

Overall: more than 2 years have been spent here, and well, it is normal broker with optimal conditions. Pluses outweigh minuses for sure... Now I pay attention to equities, because interest rates are going down.