Xlence’s current account pages provide a detailed Essential-to-Ultimate pricing ladder, a separate Cent account and region-limited Islamic Plus offer. The Seychelles Tradeco contract also specifies withdrawal processing, low-balance archiving and short deadlines for disputing transaction records.[7][9][8][5]
Accounts and opening requirements
Sections ↑Essential and three upgrade tiers
Prime, Deluxe and Ultimate are upgrades within the Essential account proposition. The published averages have no disclosed common sampling period here; they are company estimates, not observed execution measurements.[7]
Cent account: separate size and eligibility model
| Feature | Published condition |
|---|---|
| Opening amount | USD 10.Source 9 |
| Balance display | USD 10 appears as 1,000 cents.Source 9 |
| Platforms | MT4 and MT5.Source 9 |
| Minimum order / stop-out | 0.01 lot / 20% margin level.Source 9 |
| Excluded extras | No bonus, tier upgrade or swap-free status.Source 9 |
Application and account changes
Markets and contract scope
Sections ↑Market and contract checks
| Asset group | Position and economic distinction |
|---|---|
| Foreign exchange | Leveraged FX pairs; variable spread and day-roll conventionsSource 3Source 1Source 5 |
| Indices | Equity-benchmark contracts, not ETF or index fund ownershipSource 3Source 1Source 5 |
| Metals | Gold/silver notional exposure; contract sizes differ from FXSource 3Source 1Source 5 |
| Commodities | Energy and similar CFDs may have contract-specific expiry/rolloverSource 3Source 1Source 5 |
| Shares | Single-company contracts do not confer voting or custody of sharesSource 3Source 1Source 5 |
| Futures-themed products | Verify reference benchmark, settlement and cash adjustmentSource 3Source 1Source 5 |
| Client-specific availability | Trading server and entity determine accessible symbolsSource 3Source 1Source 5 |
Trading costs and account charges
Sections ↑Pricing exceptions and size rules
| Item | Published scope |
|---|---|
| Most products | No dealing commission advertised.Source 7 |
| Future indices / FX futures / future commodities | USD 10 per lot; charging side not specified on the account page.Source 7 |
| Minimum size / increment | 0.01 lot / 0.01 lot.Source 7 |
| Maximum leverage | Up to 1:1,000; eligibility and instrument conditions apply.Source 7 |
Three distinct overnight-fee propositions
| Offer | Published distinction |
|---|---|
| Conventional account | Instrument-specific overnight swaps.Source 4Source 8 |
| Standard swap-free upgrade | Major pairs: 30 calendar-day grace; other instruments: 10 days in the published upgrade.Source 4Source 8 |
| Islamic Plus | FAQ describes seven-day grace before administration fees.Source 4Source 8 |
Islamic Plus marketing says no overnight fees, while its FAQ refers to administrative charges after a seven-day grace period. These statements must be reconciled for the selected instruments; swap-free is not an unlimited free-holding promise.[8]
Platforms, orders and margin controls
Sections ↑Orders and execution routes
Stop-out and pending-order behavior
| Event | FAQ rule |
|---|---|
| FAQ stop-out summary | 20% with least-profitable positions first; the contract separately distinguishes STP and other accounts below.Source 11 |
| Insufficient free margin | Pending order may be removed.Source 11 |
| Order already received | Closing the window does not guarantee cancellation.Source 11 |
Terminal-dependent tools and quote display
Contractual liquidation: account classification matters
New-position margin during restricted periods
| Condition | Contract §10.3 |
|---|---|
| Window | Friday 21:00–24:00 server time, weekends and occasionally ahead of major releases.Source 5 |
| FX / gold / other instruments | FX maximum 1:100; gold margin 8× normal; other instruments 4×.Source 5 |
| Existing positions | Positions opened outside these periods are unaffected by this specific rule.Source 5 |
The account pages do not establish how Essential or Cent maps to the contract’s STP classification. Their headline leverage and the FAQ’s 20% summary do not replace the applicable contract margin schedule.[5][7][9][11]
Deposits, withdrawals and settlement
Sections ↑Withdrawal request and receipt
| Step | Current contract |
|---|---|
| Request | Client portal; free margin may be withdrawn without closing the account.Source 5 |
| Processing | Normally within three business days if in good order.Source 5 |
| Bank-transfer minimum | USD 100 equivalent; smaller requests not processed.Source 5 |
| Receipt | Payment-provider timing remains additional.Source 5 |
Principal return and profit routing
FAQ payment clocks and contract qualification
Entities, permissions and safeguards
Sections ↑Legal-entity and safeguards map
| Item | Scoped finding |
|---|---|
| Derivatives issuer | Tradeco LimitedSource 2Source 6Source 5Source 1 |
| Registered jurisdiction | SeychellesSource 2Source 6Source 5Source 1 |
| Licence quoted | Seychelles FSA SD029 (number quoted by firm; independent number match not established)Source 2Source 6Source 5Source 1 |
| External EU scheme | Not inferred from related European payment businessesSource 2Source 6Source 5Source 1 |
| Risk disclosure | Official 2024-001 risk policy availableSource 2Source 6Source 5Source 1 |
| Execution conflict | Issuer’s order execution and conflict-of-interest policies governSource 2Source 6Source 5Source 1 |
| Cash insurance | No documented per-client/aggregate policy schedule reviewedSource 2Source 6Source 5Source 1 |
| Country exclusions | U.S. and sanctioned/other prohibited markets in legal noticesSource 2Source 6Source 5Source 1 |
Support, complaints and account access
Sections ↑Account records and lifecycle
| Item | 2026 agreement |
|---|---|
| Confirmations/statements | Available through the portal.Source 5 |
| Trade/confirmation objections | Written notice within four business days.Source 5 |
| Low-balance archive | 90 days without funding/trading and balance ≤1 cent; residual may be deducted.Source 5 |
| Records retained | At least seven years.Source 5 |
Formal complaint milestones
| Step | Published policy |
|---|---|
| Submit | [email protected] from registered email.Source 10 |
| Acknowledgment | Two business days, with reference and designated contact.Source 10 |
| Response | 21 days; complex cases may extend to 90 days with notice.Source 10 |
| After final response | Ten days to express continued dissatisfaction.Source 10 |
| External route | Policy permits referral to Seychelles FSA with the final response and evidence.Source 10 |
Copy trading, incentives and trading tools
Sections ↑Islamic Plus access
Company structure and regional scope
Sections ↑Xlence is a trade name of Tradeco Limited in Seychelles. Current legal documents state FSA licence SD029. Its published account tiers share that named contractor; an upgraded pricing tier is not a new legal licence.[2]
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Tradeco Limited
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Services Authority, SeychellesSD029 | Not verified | Checked 22 Oct 2026Company-published number; primary regulator entity directory checked where identified, but an independent number-by-number licence match was not confirmed.Source 2Source 5 |
Material source limitations
Sections ↑Sources & further reading
- Xlence trading portal Xlence · Accessed 22 Oct 2026
- Operative legal documents and legal identity Xlence · Accessed 22 Oct 2026
- Markets and technology Xlence · Accessed 22 Oct 2026
- Swap-free account conditions Xlence · Accessed 22 Oct 2026
- Client Services Agreement v2026-002, current legal-page link Xlence · Accessed 26 Oct 2026
- Risk Disclosure, version 2024-001 Tradeco Limited · Accessed 22 Oct 2026
- Essential account and Prime/Deluxe/Ultimate upgrades Xlence · Accessed 26 Oct 2026
- Islamic Plus regional offer and grace-period FAQ Xlence · Accessed 26 Oct 2026
- Cent account conditions Xlence · Accessed 26 Oct 2026
- Current Complaint Handling Policy Xlence · Accessed 26 Oct 2026
- Account, funding, order and terminal FAQ Xlence · Accessed 26 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.