Xlence Launches a New Lineup of Trading Accounts
In an exciting development for traders worldwide, Xlence has introduced a diverse range of trading accounts aimed at catering to the unique needs of different types of traders. This new offering includes the
Essential Account, the
Islamic Plus Account, and the
Cent Account, leading to a more tailored trading experience.
Account Types Explained
Essential Account
The
Essential Account is designed to be the ideal starting point for new traders. It allows clients to begin their trading journey with ease and flexibility. As traders become more experienced, they have the option to upgrade to higher tiers such as
Prime,
Deluxe, and ultimately
Ultimate. Importantly, traders can transition through these levels while maintaining their account history intact, making the upgrade process seamless.
Islamic Plus Account
Recognizing the diverse needs of traders in the MENA region, Xlence has crafted the
Islamic Plus Account, which complies fully with Sharia principles. This account ensures that there are no interests charged on overnight positions, eliminating any hidden fees that can often burden traders. Furthermore, clients have access to dedicated support available in their preferred language, ensuring that assistance is readily available based on location and eligibility.
Cent Account
For those just starting out or looking to test trading strategies, the
Cent Account proves to be a valuable option. This account denominates positions in cents rather than dollars, allowing beginners to practice trading in real market conditions with smaller trade sizes. This low-risk setup is perfect for gaining experience without the significant capital that traditional accounts require.
Swap-Free Upgrade
For clients who are unable to access the
Islamic Plus Account yet still seek a Sharia-compliant trading experience, Xlence offers an optional swap-free upgrade for the
Essential,
Prime,
Deluxe, and
Ultimate accounts. This upgrade preserves the client's current tier and tools while removing the burden of overnight interest charges, ensuring a compliant trading experience.
Availability and Eligibility
It's important to note that the features and accessibility of these accounts vary based on location and underlying eligibility. Accounts are subject to Xlence’s onboarding criteria, and potential customers will need to adhere to the firm's terms and conditions.
Getting Started
To explore the new account offerings and initiate the application process, users can visit
xlence.com. For existing clients, upgrades can be requested through the client portal or by contacting their respective account managers directly.
About Xlence
Xlence positions itself as an international CFD broker dedicated to providing a transparent, innovative, and comprehensive trading experience. Headquartered in Dubai, the company is regulated by the Seychelles Financial Services Authority (FSA SD029) and offers support for MetaTrader 4 and MetaTrader 5. Additionally, traders benefit from negative balance protection and 24/5 multilingual support.
Conclusion
With the launch of various trading accounts, Xlence is committed to meeting the expanding needs of modern traders. Whether you are a newcomer to trading or an experienced investor, Xlence’s offerings promise customization and flexibility, helping to enhance every trader’s journey.