Xlence Review
Reviewed · Last updatedA Seychelles-licensed brand operated by Tradeco Ltd, with the most complete cost disclosure of the group brands covered here and segregated client funds stated on the website.
This review is provided for general information and does not constitute an endorsement, investment advice or a recommendation to open an account. Broker information may change after publication. Readers should verify regulatory status, product availability, fees and legal documentation through official sources before making any decision.
Who this service may not be suitable for
Leveraged products may not be suitable for readers seeking long-term investment products, readers who cannot afford to lose the money they deposit, or anyone unwilling to accept the substantial risk of loss inherent in leveraged trading. A majority of retail CFD accounts lose money.
Key facts
- Main regulation
- Tradeco Ltd, FSA Seychelles SD029
- Markets offered
- Currencies, Indices, Commodities, Share CFDs
- Regions served
- International entities
How this score was calculated
Facts recorded on 14 Sep 2026 from the broker’s official website and regulator sources, scored with our published rubric. Items we could not find on the official website count as not disclosed.
Regulation and transparency
- Strongest regulator tier: 2.0
Costs and fee disclosure
- Yes: Commissions published
- Yes: Overnight (swap) rates published
- Yes: Inactivity fee disclosed
- Yes: Deposit and withdrawal fees disclosed
- Yes: Currency conversion fee disclosed
Risk and consumer information
- Yes: Risk warning on homepage
- Yes: Retail loss percentage published
- Yes: Risk disclosure or KID available
- Yes: Negative balance protection stated
- Yes: Segregated client funds stated
- Yes: Legal documents public
Customer support
- Yes: Live chat
- Yes: Email
- Yes: Phone
- Yes: Hours: 24/5
Education and research
- Yes: Education section
- Yes: Risk education content
- Yes: Webinars or courses
- Yes: Market analysis
- Yes: Economic calendar
Website and user experience
- Yes: Legal documents page
- Yes: Fees page
- Yes: Entity and licence in footer
Regulatory status by region
The entity that holds an account determines the regulator, client-money rules and compensation arrangements that apply. Check the entity on the official register of the named regulator before opening an account.
| Region | Legal entity | Regulator and licence |
|---|---|---|
| International entities | Tradeco Ltd | FSA Seychelles SD029 |
Full review
Xlence is the trading brand of Tradeco Ltd, a Seychelles company. This first version of our review records what the company publishes about its licence, costs and account terms, with the date each item was checked. It is not a recommendation.
Who operates the brand
The website names Tradeco Ltd as the operating company, licensed by the Seychelles Financial Services Authority under licence number SD029, and shows the entity and licence in the footer of the site. The Seychelles regime is not part of the European Union, United Kingdom or Australian frameworks, so their compensation schemes and conduct rules do not apply to accounts held with this entity.
What is available to trade
The website lists contracts for difference on currencies, indices, commodities and share CFDs. These are leveraged products, and the amount at risk is the value of the position rather than the margin used to open it.
How costs are published
All five of the cost items we check were published: commissions, overnight financing charges, inactivity charges, deposit and withdrawal charges, and the currency-conversion charge. That is the most complete cost disclosure of the group brands covered here.
Funding and client money
The company states that client money is held in segregated accounts and that negative balance protection applies. Legal documents, including the risk disclosure, are available on the website without registration.
Support
Live chat, email and a telephone number are published, with availability stated as around the clock on weekdays.
Education and research
The website carries an education section with trading courses, material explaining risk, market analysis and an economic calendar.
Before opening an account
Confirm licence SD029 on the register of the Seychelles Financial Services Authority, read the client agreement and risk disclosure, and check the withdrawal terms that apply to the payment method you intend to use. A majority of retail accounts lose money when trading CFDs.
Research methodology
Assessed against our published framework using the broker’s public website, legal documents and regulator registers. Every broker is assessed using the same documented criteria. Full methodology →
Sources
- Broker website and legal documents: xlence.com, retrieved 24 Sep 2026
- Score evidence (costs): xlence.com, retrieved 14 Sep 2026
- Score evidence (risk): shared.gighl.com, retrieved 14 Sep 2026
- Score evidence (support): xlence.com, retrieved 14 Sep 2026
- Score evidence (education): xlence.com, retrieved 14 Sep 2026
- Score evidence (website): xlence.com, retrieved 14 Sep 2026
Corrections and update history
- 14 Sep 2026: Category scores calculated with the published scoring rubric (methodology version 1.0) from facts recorded on the broker’s official website.
Spotted an error? See our Corrections Policy.
CFDs and other leveraged products carry a high risk of losing money rapidly because of leverage, and a majority of retail investor accounts lose money when trading CFDs. A high editorial score reflects disclosure and service quality. It does not make trading safe.