Yep, you can find a lot of valuable information there. Believe me, I’ve worked with many various brokerage firms, but Xlence is at a different level compared to them. Their videos have only the necessary information. For instance, I learned a lot about fiscal policy and its interaction with monetary policy. Understanding these essential macroeconomic factors can help you make trading more enjoyable.
There is available education. I recommend you to pay attention to the trading strategies section. Recently i found out a lot of interesting techniques about how to trade scalping strategies in practice. I would have never thought that I would be able to open about 20-30 trades in one hour. It sounds impossible but as soon as you learn all the subtleties, there won’t be any problems.
not possible, but you should still read it, over time. Watching lessons on youtubee when I'm cooking, also a good idea. Sometimes on two times speed.
Xlence has great academy, but its mostly reading. Still, you should have all these strategies in the back of your mind. If you don't, youm might not understand what people are talking about, and in general feel/be out of the loop.
Reading is not that hard, and for the profits, its worth it.
No, you cant start neither with deluxe, prime or ultimate account right away. They have kind of an upgrade system, where you first start with an essential account and later can upgrade your account to deluxe and further if you deposit the right amount of money.
yup. Xlence provides negative balance protection to all its clients free of charge. This means you do not lose more than what you have initially deposited, so that your account balance cannot drop below zero.
The safest will always be a bank transfer, which takes a few days. But I would say that other methods such as skrill are legitimately safe and faster and you can receive your money back within 1-2 days.
First of all, I wanna address the top safest part of the question because I don't think you can rank one method of payment more safer than the other. For instance, btc may be "safer" than skrill or visa but this they say it to promote the coin, all of these methods are safe, bank transfer as well because the bank will be responsible for transferring your money, so this is why just choose the method that you want and find convenient and don't look at safety like that, if you don't loose your card or not flash the details, its as safe as the rest of the crew.
When it comes to withdrawing, I gotta tell you that it doesn't work this way. The option you used to deposit will be used for the withdrawal to cover the sum, and rest would ONLY be by bank transfer. If you find it confusing, then here you go;
Imagine you invested 1000$ by BTC and then traded great and made 3000$, now you wanna take 2000$ out and leave 1000$ to trade. Your initial deposit amount (1000$) will be withdrawn by BTC (because you deposited by btc) and then the rest (1000$) would only be available through bank account transfer.
Yeah, Xlence does offer training and education through the resource called Xlence academy. They have a mix of courses introducing beginners to the basics of forex trading and tech analysis. As far as i know, people seem to like the quality of the content. It has an easy to understand and easy to follow structure. . Beginners read about the fundamentals without feeling overwhelmed, as the information is presented in a simple way.
The answer won't be any different from metatrader4:) It's a great platform with in-built indicators and why I like it is because is just streamlines my automated trading.
As long as the broker is regulated and there are testimonials of safe withdrawal then you don’t have anything to worry about. So yes, your money is safe with Xlence
