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Forex Brokers Comparison
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Forex Brokers Comparison
Choose comprehensive information pages for two or more brokers to compare their regulations, deposits and withdrawals, spreads, reviews, complaints, and other details. By making a comprehensive assessment of the brokers, you can analyze their strengths and weaknesses, helping you select a quality broker that meets your current requirements.
GhaziMoghadam
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.
Exposure
03-09
RedaTazi
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
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
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
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
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
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
Morocco
It meets most of the indicated levels. Good stability, fast speed, and trustworthy.
Positive
06-09
PierreLaurent
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
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
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
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
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
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
HassanMouline
Morocco
In the beginning, it wasn't easy, especially for us - complete beginners... I had a lot of questions, but luckily, the customer support team at Xlence was patient and helped me with everything. I can't talk much about their platform and trading terms; I don't have enough knowledge yet, but when it comes to the support they provide, they are an excellent broker :)
Positive
04-20
FX3495313127
Qatar
I have been trading on the Xlence Essential trading account for a while. The account offers normal spreads starting from 1.4 pips, which can't be considered tight or wide. That's okay, what I mean is that when I trade the EUR/USD pair, I don't incur a lot of trading costs thanks to these spreads. The platform is good and works smoothly. The support team is always ready to assist me.
Positive
04-18
Eugène Seguin
France
For currency trading, there is no better platform than mt4 (debatable), but if you are like me and like to try your hand at certain stocks or commodities, Mt5 would be a better choice in my opinion, so xlence, please add it as well.
Neutral
04-16
h. moreau
France
This broker attracted my attention by their trading conditions and the diversity of accounts. Honestly, I didn’t expect that the threshold of minimum deposit would be so high there. It turned out that I needed to upgrade my essential status to the deluxe level by depositing more than 10,000$. At least, the conditions are worth it, narrow spreads and zero commissions.
Positive
04-15
HakimLarbi
Algeria
When I took a look at the trading conditions for index futures contracts, I thought it was time to add something new to my strategy. Fortunately, all my analyses work for these assets, as it turned out even better. Of course, it's a good thing on their part not to charge swap fees on the assets, traders have different styles, I think brokers should respect that, Xlence did.
Positive
03-20
ErikVogel
Germany
The tight spreads and 0 commissions on deposit and withdrawals makes it really cost effective to trade here. Well they are other reasons like the minimum deposit which isn’t high and also no hidden fees, it’s just a cool platform
Positive
03-20
JamesW238
United Kingdom
Xlence offers a great opportunity to start trading with an investment as low as $10. That’s the minimum deposit requirement for the essential account type, which is best for beginners to gain practical XP without risking too much money. For all the rest, they have a great selection of more advanced account types.
Positive
03-05