ForexQ.com
ForexQ.com
According to its official website, Xlence is an international forex and CFD broker offering more than 300 instruments across 6 asset classes: forex, metals, indices, commodities, futures and shares. The site states that Xlence is a trade name of Tradeco Limited (SD029), which appears on the Securities Dealer list of the Seychelles FSA, that its registered address is at Eden Plaza on Eden Island, and that the group includes Damadah Holding Limited, registered in Limassol (Cyprus); the FSA list also shows t4trade.com alongside xlence.com for Tradeco Limited. The Essential account can be upgraded to Prime (2,000 USD), Deluxe (10,000 USD) and Ultimate (25,000 USD) tiers; there are also Islamic Plus and Cent accounts, the latter opening with 10 USD. Leverage of up to 1:1000 is offered on MetaTrader 4, MetaTrader 5 and TradeCopier, together with Trading Central analysis, welcome and reload bonuses and a loyalty programme; the site says it won "Best Newcomer Broker" at Money Expo Abu Dhabi in 2025. The site is not aimed at EU residents, and residents of the USA, Iran, Cuba, Sudan, Syria, North Korea and Myanmar are not served. This information is the company's own statement.
User reports found online are classified by topic. The reports are compiled from records on Trustpilot, WikiFX, Şikayetvar and FastBull, and one person's records count once.
2 COMPLAINTS · Period reviewed: March 2025 – November 2026
90% of institutions with complaint records received more complaints than this one. 100% of complaints concern withdrawals and payments.
| TOPIC | COMPLAINTS | SHARE | LEVEL WITHIN SECTOR |
|---|---|---|---|
| Withdrawals and payments | 2 | 100% | Very low |
The level is calculated by comparison with institutions in the same sector. Sources: Trustpilot · Şikayetvar · WikiFX · FastBull
The complaint distribution is based on WikiFX records (2) as of 30 October 2026; one person's records count once, and records about fake sites and third parties using the Xlence name are left out. Across the complaints, allegations that profits were deducted and the account blocked so the principal could not be withdrawn, and complaints about limited payment methods, stand out.
Because Xlence’s complaint level is Very low, no comparison list is shown. Below are institutions operating in the same service area whose licences are verified.
The list is generated automatically; it is not a recommendation and there is no paid placement.
According to the data, Xlence has 1 verified licence (FSA); 2 user reports have been reviewed. This page does not express an opinion; licence records come from official registers and reports from sourced records.
Licences verified in official registers: FSA (Seychelles) – SD029.
2 user reports about Xlence were classified in the period March 2025 – November 2026. Most frequent topic: Withdrawals and payments (2). Sources: Trustpilot, Şikayetvar, WikiFX, FastBull.
Use the "File a Complaint" button on this page to open the form; the institution is preselected. Describe the issue, the date and attach any supporting documents. The complaint is reviewed by our team, published if eligible and forwarded to the institution; with the tracking link you receive, you can follow the process and the institution’s reply.
Licence records are checked against official registers (last verification 30.10.2026). Complaint records are re-scanned every month on Trustpilot, Şikayetvar, WikiFX, FastBull. The institution’s details were last checked on 30.10.2026.