Global Broker Regulation Inquiry App
WikiFX
Rpy Sundram 
1-2 years
Is Xlence safe and legit?
Broker Issues
Regulation
2025-06-16
United States
WikiFX
Reply
In my opinion, Xlence is legit. I saw that they’re licensed by the FSA, and they’ve been around since 2003. That gave me some trust, although I stay cautious because offshore regulation isn’t as strong as in the EU or Australia.
Similar Questions
Does PHOENIX MARKETS have any cons?
Aman A
2025-01-20
Is CA Market legit?
Darren Ross
2025-07-22
Is PIPS STAR a legitimate and regulated broker?
TradeTimeAllWasted
2025-03-08
Is ACI TRADING regulated?
schlaepfi
2025-07-31
How would you assess the trustworthiness of Renaissance Capital, considering both reviews and your own evaluation?
Ibgentle
2025-08-06