Tradeco Limited
Primary
SC
Registration not shown
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2 entities
2 accounts
unverified
Broker profile
XL
Xlence Review: Is It Legit and Regulated?
Tradeco Limited
SC
Operating period unverified
AKA Tradeco Limited
FindMyFX score
high risk5.5/10
0
Score out of 10
10
Independent assessment
Updated 2026-08-01
Contact & regulation
- Official website
- xlence.com
- Address
- Ile du Port, Office No. B3, 3rd Floor of the Azores Building, Mahe, Seychelles
- Contact
- Not verified
- Primary license
- FSA Seychelles · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is Xlence legit and regulated?
FindMyFX has license records for Xlence, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
Seychelles CFD brand and trade name of Tradeco Limited, listed by the Seychelles FSA.
Professional broker overview
FindMyFX editorial summary
Xlence is a trade name of Tradeco Limited, which appears in the Seychelles FSA capital-markets list and reports licence SD029. The broker lists Essential, Prime, Deluxe and Ultimate accounts with minimum deposits from no minimum to USD 25,000, leverage up to 1:1000, and MT4 and MT5. Leverage is flexible and may be adjusted under the client agreement, so the headline maximum should not be treated as uniform.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: The Seychelles FSA page confirms the entity and Xlence domain, while the licence number is sourced from Xlence's own legal disclosure. Account figures are broker-published and subject to legal terms.
- Operational status
- active
- Broker type
- unknown
- Execution model
- Not verified
- Support hours
- 24/5
Support languages: Arabic, English
Documented advantages
- The Seychelles FSA lists Tradeco Limited and the Xlence domain.
Documented limitations
- Advertised leverage up to 1:1000 is flexible and may be reduced under legal terms.
100%coverage
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
Damadah Holding Limited
CY
Registration not shown
365 Agiou Andreou, Efstathiou Court, 2nd Floor, Flat 201, 3035 Limassol, Cyprus
Trading access
Account types
Available account structures and their current verification state.
Essential
unverified- Deposit
- USD 0.00
- Leverage
- 1:1000
Zero commission
- Spread
- 1.40 pips typical
- Base currencies
- Not shown
- Margin call / stop-out
- —% / —%
- Demo / Islamic
- Unknown / Yes
- Balance protection
- Unknown
- Last verified
- Not verified
Prime
unverified- Deposit
- USD 2000.00
- Leverage
- 1:1000
USD 10 per lot applies to selected futures instruments
- Spread
- 1.20 pips typical
- Base currencies
- Not shown
- Margin call / stop-out
- —% / —%
- Demo / Islamic
- Unknown / Yes
- Balance protection
- Unknown
- Last verified
- Not verified
Markets and instruments
Commodities
unverified
Forex
unverified
Futures
unverified
Indices
unverified
Metals
unverified
Shares
unverified
Research sources
Licenses and regulators
FSA Seychelles
SD029
Last verified: Not shown
Type: Securities Dealer
Client class: other
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Jurisdiction-specific offerings
SC · other
unverifiedEntity not linked · Leverage 1:1000
Compensation scheme not shown
Instrument trading costs
EURUSD
unverifiedTypical spread: 1.40000 pips · Commission: 0.0000
Swap long — · short —
Score components
Regulation and licenses
7.5/10 · 35%The official FSA list matches Tradeco Limited and the Xlence domain; the specific licence number is disclosed by the broker.
Security and track record
2.5/10 · 20%Regulatory identity is established, but independent client-fund and incident history evidence was not reviewed.
Trading conditions
7.5/10 · 15%The broker publishes account deposits, leverage, minimum and average EURUSD spreads, commissions and platforms.
Company transparency
7.5/10 · 10%The legal entity, regulator, licence number, group holding company, restrictions and FSA-listed address are disclosed.
Service quality
5.0/10 · 10%The broker states 24/5 Arabic and English support and lists major platforms, but no verified service-quality dataset was reviewed.
Verified user reviews
0.0/10 · 10%No inspectable verified user-review dataset was found in the reviewed official or regulatory sources.
Profile update history
Broker profile was published.
2026-08-01
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.