Introduction To Xlence
Xlence Is A Seychelles Registered Broker That Offers Forex And CFD Trading Over The Counter Market. Xlence Serves Both Novice And Experienced Traders, Offering A Range Of Account Types To Suit Different Needs. Clients Can Trade Over 300 Instruments Including Currency Pairs, Metals, Indices, Commodities And Stocks. The Broker's MetaTrader 4 Platform Is Compatible With Multiple Devices, Ensuring Convenient Market Access. Xlence's Services Are Not Available In Certain Jurisdictions, Including The United States, Syria, Iran, North Korea, Cuba And Sudan.
Advantages Of Trading With Xlence:
Wide Range Of Trading Tools.
Leverage Up To 1:1,000.
Access To The MetaTrader 4 Trading Platform.
Easy Account Opening, Widely Available In Many Countries.
Trading Conditions Suitable For Traders Of All Experience Levels.
Fast Order Execution.
24/5 Multi-language Support.
Disadvantages Of Xlence:
Limited Client Protection Due To Lax Licensing Requirements.
No Compensation If The Broker Goes Bankrupt.
Trading Account Opening
Opening A Trading Account At Xlence Follows A Simple Process:
Register. Go To The Official Xlence Website And Click The "Open Account" Button. A Regedit Will Appear Where You Need To Provide Personal Details Such As Name, Email Address And Phone Number.
Select The Account Type. Once Registered, You Will Be Prompted To Select A Real Account Type That Suits Your Needs And Level Of Experience.
Sett Account Parameters. At This Stage, Select A Currency For Your Account And Select The Maximum Leverage Size.
Pass Authentication. In Order To Comply With KYC (Know Your Customer) Requirements, You Will Need To Upload A Scanned Copy Of Your ID, E.g. Passport Or Driver's License. Brokers Will Also Need Proof Of Residency, E.g. Utility Bills.
Account Type
Xlence Offers Four Real Accounts, Tailored To Different Levels Of Experience And Traders' Needs. Each Account Offers Specific Benefits And Unique Conditions, Including Minimum Spreads And Add-ons.
Account Type:
Basic
This Account Is Suitable For Novice Traders Who Wish To Start With Basic Conditions. The Lowest Spread For The EUR/USD Pair Is 1.1 Pips.
Main
This Account Is Designed For Intermediate Traders Who Are Looking To Improve Their Trading Conditions. The Lowest Spread For The EUR/USD Is 0.9 Pips. A Dedicated Manager Is Also Provided To Provide Personalized Support.
Deluxe
This Account Is Ideal For Experienced Traders Who Are Looking For More Favorable Conditions. The Lowest Point Spread For EUR/USD Is 0.6 Pips. Includes A Dedicated Manager And Access To Advanced Analytical Materials.
Final
This Account Is For Professional Traders Who Need The Best Conditions. The Lowest Point Spread For EUR/USD Is 0.4 Pips. Includes Dedicated Manager Services And Access To Exclusive Trading Tools.
Deposits And Withdrawals
Funds Are Displayed In The Client's Account Balance Within 24 Hours Of Being Sent From A Bank Account Or E-wallet.
After Deducting All Withdrawal Fees, The Available Security Deposit Must Exceed The Amount Requested For Withdrawal.
Withdrawals Are Processed By Bank Transfer Only.
The Speed Of Transfer Depends On The Bank; Funds Usually Arrive Within 3 Business Days.
Customer Support
The Company Is Available 24/5 For Traders. Support Is Multilingual, But The Range Of Contact Channels Is Very Limited Compared To Competitors.
