Xlence
Questions & Answers

The accounts here are a bit different from what we are used to seeing with other brokers. It’s closer to a loyalty program, although it’s not a loyalty program concept, but the more you trade and the larger your account size is, you can upgrade your account and get improved trading conditions. One big difference between the accounts is the spread - the more advanced your account is, the better the spreads are. For scalping, you need as tight spreads as possible. So, tend to upgrade your account to a more advanced one, but even the Prime account should work fine for scalping and other trading strategies.