Score

1.49 /10
Danger

XLNTrade

Seychelles

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

C

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Comparison

Quantity 9

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.85

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Securcap Securities Limited

Company Abbreviation

XLNTrade

Platform registered country and region

Seychelles

Company website

Facebook

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 5
Previous Detection : 2025-06-14
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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    XLNTrade · Company summary
    XLNTrade Review Summary
    Founded2016
    Registered Country/RegionSeychelles
    RegulationFSA (suspicious clone)
    Market InstrumentsCFDs, Stocks, Commodities, Indices, Currencies, Cryptocurrencies
    Demo Account
    LeverageUp to 1:200
    SpreadFrom 4 pips
    Trading PlatformMobile App, WebTrader
    Minimum Deposit$200
    Customer SupportEmail: customer.service1@xlntrade.com
    Live Chat

    XLNTrade Information

    XLNTrade is an online CFDs broker founded in 2016, holding a suspicious clone license. It is famous for its own innovative trading platform, and it provides step-by-step instructions for beginners but strict account risk management.

    XLNTrade Information

    Pros and Cons

    Pros Cons
    Live chat supportSuspicious clone license
    No deposit and withdrawal feesNo MT4 or MT5
    Various trading productsLack of transparency
    Demo account available

    Is XLNTrade Legit?

    XLNTrade holds a suspicious clone license issued by The Seychelles Financial Services Authority (FSA). The license type is Retail Forex License with the license number SD012.

    license

    What Can I Trade on XLNTrade?

    XLNTrade offers more than 97 financial assets across 5 assets types including Currency Pairs, CFDs, Commodities, Cryptocurrencies, Indices, and Stocks.

    Tradable Instruments Supported
    Forex
    Commodities
    Cryptos
    CFDs
    Indices
    Stocks
    ETFs
    Bonds
    Options
    assets

    Leverage

    XLNTrade offers leverage of up to 1:200. A high leverage ratio brings high returns along with high risks.

    Leverage

    XLNTrade Fees

    Overall, XLNTrade's trading fees are considered relatively reasonable, especially with offering fixed spreads and trading benefits to clients under certain conditions.

    Spreads: Regardless of fluctuations in the forex market, XLNTrade ensures fixed spreads like 4 pips for EUR/USD.

    Commissions: Not mentioned.

    Rollover fee: 0.022% on currencies, indices, ETFs and commodities; 0.055% on stocks; 0.50% on crypto.

    Non-Trading Fees

    Non-Trading FeesDetails
    Deposit FeeMinimum $200
    Withdrawal Fee$0 (Free)
    Inactivity Fee$500/per quarter
    XLNTrade Fees

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    WebTraderWeb/
    Mobile AppiOS, Android/
    MetaTrader 4 (MT4)/Beginners
    MetaTrader 5 (MT5)/Experienced traders
    Trading Platform
    Trading Platform

    Deposit and Withdrawal

    XLNTrade does not charge any deposit or withdrawal fees, which makes fund deposits and withdrawals from trading accounts highly cost-efficient for clients. However, a minimum deposit amount of USD$200 is required.

    Deposit Options Minimum DepositFees Processing Time
    JCB, Visa & MastercardNot mentionedFreeNot mentioned
    bitwalletNot mentionedFreeNot mentioned
    iwalletNot mentionedFreeNot mentioned
    Deposit and Withdrawal

    Withdrawal Options

    If the withdrawal amount exceeds the original deposit, the surplus will be transferred to the client's bank account via bank wire or e-wallet.

    Withdrawal Options Minimum Withdrawal Fees Processing Time
    Not mentionedNot mentionedFreeNot mentioned
    Deposit and Withdrawal

    User Reviews

    More

    User comment

    9

    Comments

    Write a review

    FX1806695834
    0-3months
    نصيحة أنا مشيت نفس الهبله مع الشركة ذي سنه سحبت مره وحده فقط 2800 دولار وبعدها ما فيه سحب يتركوك لين يغرك السوق وتتداول لين يرد عليك مدير حسابك وفجاءه حسابك صار صفر ويرجعوا يقنعوا فيك ب أشياء وهميه وكذب وحسبي الله ونعم الوكيل فيهم لين تصدقهم وتدخل تودع وبعدها م يردون عليك آخر شي مع مديرة حساب نصابه الله لا يوفقها لا دنيا ولا دين حسبي الله ونعم الوكيل وكفى 🥺💔
    نصيحة أنا مشيت نفس الهبله مع الشركة ذي سنه سحبت مره وحده فقط 2800 دولار وبعدها ما فيه سحب يتركوك لين يغرك السوق وتتداول لين يرد عليك مدير حسابك وفجاءه حسابك صار صفر ويرجعوا يقنعوا فيك ب أشياء وهميه وكذب وحسبي الله ونعم الوكيل فيهم لين تصدقهم وتدخل تودع وبعدها م يردون عليك آخر شي مع مديرة حساب نصابه الله لا يوفقها لا دنيا ولا دين حسبي الله ونعم الوكيل وكفى 🥺💔
    Translate to English
    2025-04-29 05:32
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    Jenniee
    more than one year
    XLNTrade is top-notch! Their spreads are tight and competitive, making trading more efficient. Plus, their customer service is fantastic - friendly, helpful, and always quick to respond. Highly recommend for anyone looking for a reliable trading partner.
    XLNTrade is top-notch! Their spreads are tight and competitive, making trading more efficient. Plus, their customer service is fantastic - friendly, helpful, and always quick to respond. Highly recommend for anyone looking for a reliable trading partner.
    Translate to English
    2024-07-12 17:46
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    9