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Xlence

Operating status: Unregulated
Website: https://www.xlence.com/en/
High-Risk Active
Broker violations and abnormal records
  • 2025-07-02 BrokersView has found that Xlence appears to be a scam

    According to their claims, Xlence is registered in the Seychelles and is a trading name of Tradeco Limited, which is authorised and regulated by the Seychelles Financial Services Authority (FSA) under licence number SD029. While we did find a matching Tradeco Limited name on the FSA website, the recorded company address and domain name do not match the information provided by Xlence. This indicates a potential risk of identity theft. 

    Xlence also claims to be associated with Damadah Holding Limited, which has a registered address in Cyprus. However, upon searching the Cyprus Securities and Exchange Commission (CySEC) database, we found no relevant information about this company.

    Given these red flags, Xlence exhibits characteristics of a fraudulent operation.

     

    According to their claims, Xlence is registered in the Seychelles and is a trading name of Tradeco Limited, which is authorised and regulated by the Seychelles Financial Services Authority (FSA) under licence number SD029. While we did find a matching Tradeco Limited name on the FSA website, the recorded company address and domain name do not match the information provided by Xlence. This indicates a potential risk of identity theft. 

    Xlence also claims to be associated with Damadah Holding Limited, which has a registered address in Cyprus. However, upon searching the Cyprus Securities and Exchange Commission (CySEC) database, we found no relevant information about this company.

    Given these red flags, Xlence exhibits characteristics of a fraudulent operation.

     

21 comments

Noah Duque
profit withdrawals require bank wire, at least for me. Other than that, not much to improve so far.
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2026-10-19
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Mthembu
works ok I guess... Not sure mby I just got really lucky with trades and payment today. We will see.
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2026-09-26
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Pedro Ravelino
found Damadah to be with the Cyprus Registrar Of Companies✍️as for trading - feels safe
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2026-09-25
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Ermete F
its not a bad podcast that they have, but its short. like 40 mins and its not reoccuring, i suppose the experts are busy haha. but jokes aside educaiton is lackin, but the accounts are packing. thats the good part about xlence.
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2026-09-20
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bothajr
Essential; acc is good, not gonna lie, but I’m striving to upgrade it asap. 😂
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2026-09-16
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Lukas Fischer
ultimate account is the dream🙄 but the deposit needed for this, now I dont have. so starting with essential
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2026-09-14
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Benedikt Huber
Lately been winning good, hope my streak goes on :D Xlence as a broker is fine too;
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2026-09-02
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Imran Rabellino
Xlence has suprised meAfter 3 years of trading with differnt brokers this one actually delivrs on the spreads. Gold exectuion during NY is fast and clean. Didnt expect it from a smaller broker tbh.
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2026-08-28
1
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Karim_Fassi
لم أضطر إلى مطالبتهم بتوفير حساب إسلامي لي. بنقرة واحدة، أصبح بإمكاني التداول بشروط أكثر شفافية، وبالطبع بدون فوائد ليلية.
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2026-08-28
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Michael31
new to Xlence,though I have 7.5 years of trading experience,found them from Reddit. What caught my attention-Trading Central tool is accessible for many traders. no need to deposit huge sums, just $500 is enough. remember my previous broker used to charge special monthly fees fro that... also, interesting upgrade system to get to more advanced
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2026-08-23
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