Open the account type that suits you best and start trading your preferred market with competitive spreads and fast execution.
At Xlence, we have something for everyone. Pick the account that meets your investing preferences and goals and get the edge you need in the market.
Invest with our swap-free account—no interest, no hidden fees, and a grace period before any administrative fees. Experience seamless trading, fully aligned with Shariah principles.
You agree to pay or receive the difference between the opening and closing prices, which can bring both gains and losses.
Access to CFDs is available on Xlence for 6+ asset classes.
Leverage is an investing strategy available to CFD traders, allowing them to manage a far greater position within the market with a smaller initial investment. It gives you the opportunity for greater success, but it can also result in larger losses.
When traders leave their positions open overnight, they may incur additional fees, which are referred to as swap or rollover fees. Brokers charge a fee to allow traders to maintain leveraged positions during after-market trading hours.
Bid and ask is a two-way price quotation that shows the highest price a buyer is willing to pay and the lowest price a seller is willing to accept for a security. The spread is the difference between the ask and bid prices.
The cost of exchanging a CFD is represented by the spread, which is the difference between the ask and bid prices. Smaller spreads mean smaller costs and are preferred by investors as they suggest greater asset liquidity. Spreads may increase as a result of low liquidity or higher market volatility.
This website is not intended for UK residents, nor is it bound by the MiFID II regulatory framework or by the rules, guidance and protections set out in the UK Financial Conduct Authority Handbook.
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This website is not aimed at individuals residing in the EU and is not subject to European and MiFID II regulations.
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