Xlence
Questions & Answers
Which account and asset would be best suited for a beginner just starting out?
Asked by Damien W. on 8/16/2025
1 Answer
Christopher J.9/5/2025
As soon as you open the account with xlence, you will get the essential one, and i think that one is more than enough for you in the beginning. There is no need for you to run after the low fees, the essential account has competitive ones already. However, if you don’t want to risk money at all, you can open a demo account and learn trading there without any risk to your trading balance. It replicates the live trading environment, but with virtual funds, not yours. It’s great for beginners to kick things off…
When it comes to the market, i would recommend you to get more familiar with the forex market, as for the asset, just trade the major fx pairs such as eur/usd, usd/gbp and etc. It’s one of the most popular markets out there, and you can find tons of trading strategies, breakdowns, and education online.
When it comes to the market, i would recommend you to get more familiar with the forex market, as for the asset, just trade the major fx pairs such as eur/usd, usd/gbp and etc. It’s one of the most popular markets out there, and you can find tons of trading strategies, breakdowns, and education online.
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