Alvexo Review 2024 ️Pros and Cons Revealed

The Prime account requires a €10,000 minimum deposit to receive a reduction in the minimum spread to 1.8 pips. All other trading conditions remain the same, except for an increase in the minimum lot size to 0.25 lots. The ECN Gold account is the first account where some equity CFDs are tradeable, but for a minimum deposit of €20,000. Spreads are listed as 0.0 pips on the account page, though information in other places on the site seem to contradict this information. The EUR/USD carries at 1.4 pips with a commission of $18 per lot with a minimum lot size of 0.05 lots.

  1. Alvexo is regulated by the Cyprus Securities and Exchange Commission (CySEC).
  2. The brokerage offer negative balance protection so you cannot lose more than your account balance.
  3. Since then, this broker claims to have over 650,000 registrations, a rather impressive accomplishment, but one that we could not verify during this Alvexo review.
  4. Alvexo proudly hosts over 370,000 members on its many platforms and is regulated & authorized by competent regulatory authorities like the FSA and CySEC, ensuring that its financial services are legalized.
  5. This hearing follows a recent one involving the SEC and another major crypto exchange, Coinbase.
  6. I have withdrawn money easily from Alvexo and it does take a couple of days or so.

There are some additional trading tools to help with your day trading activities and you can choose from a variety of account types depending on the strategy you are using. I think the minimum $500 deposit is quite high when compared to many other alvexo brokers but they do have free demo accounts if you want to practice trading before making a financial commitment. Scope Markets is a global online trading broker that offers institutional and retail trading services to businesses and traders.

Alternative Brokers

Otherwise, I’ll switch to Assurity Secure known for efficiency and a reliable fee system. The signals I received were based on logical reasoning but they would require your own additional money management. I actually prefer to use my own strategies as I like to know exactly why a position was taken.


It’s also reachable through other channels like email and telephone calls, which are supplemented by an FAQ section. There is also a live chat function that requests the user to input their email to connect with an agent, but it doesn’t seem to do anything. Additionally, the response times on email don’t seem to be impressive, as responses may sometimes take between a couple to several days. The trading tools section of the app contains access points for vital trading tools, including news, signals, alerts, and the Financial News TV.

Gamblers using your money!

Alvexo was founded in 2014 as an HSN Capital Group subsidiary, and its Headquarters is in Seychelles. Its tradable assets include 14+ indices, 12+ commodities, 55+ forex currency pairs, 20+ cryptocurrencies, and 340+ share CFDs. Alvexo provides traders with expensive trading conditions in an uncompetitive trading environment; they may be the highest across the brokerage industry. Alvexo claims over 650,000 registrations, though this information could not be confirmed.

After I chose this broker as my first one, I started sorting its educational center right away. Couple of days of fruitful scrutinizing have passed and I realzed what I needed. Hopefully, the broker offers different account types, I personally chose classical, not only because its requirements for min. depo are low, but alo because I didn’t need to deposit more money. Both the Alvexo mobile app and desktop trading platform feature 450+ assets in varying classes like 55+ forex pairs, 340+ shares, 12+ commodities, 14+ indices, 20+ cryptocurrencies, and 1+ bonds.


Yup, it’s not the cheapest service I ever encountered, but it’s well worth my dime. Overall, I like that Alvexo is a regulated broker with a range of flexible platforms and account types to suit different trading strategies. You can trade a range of over 450+ different assets with reasonable trading conditions and get free trading signals. In addition to the plethora of indicators you get built-in the platforms, there is a decent selection of additional trading tools to improve your market analysis capabilities. You can also get access to trading signals and setup risk management. However, I think they could improve by implementing Trading Central and Autochartist.

It will also explore how to open an account, fees, trading platform and safety measures provided by the broker on clients’ investment funds. The account types Alvexo offers include a free demo account in which the traders are credited with £50,000 of virtual money. There is a practice simulator that acts as an excellent way for the traders to experiment with new trading strategies and the different trading platforms in a risk-free forex trading environment.

Seeking to tend to the needs of its clients with varying backgrounds in trading, the online brokerage firm offers many different types of accounts. With Alvexo, you can open a demo, classic, gold, prime, and elite, or even an Islamic (swap-free) account if you wish to abide by the Sharia. The broker performs STP execution with a broad range of account types and an ECN account feature which is excellent for algorithmic and active trading. Kindly note that hedging, guaranteed stop loss, social and copy trading are not available at Alvexo brokers.

How does Alvexo make money?

Being regulated and registered with a law-abiding authority means that the broker will most definitely strictly adhere to the laws and regulations put forth by the concerned body. She highlighted that their “investment tips” and “educational materials” were their main selling points. The only downside of trading with them, she felt, was that withdrawals took “3 to 5 days” to be successfully processed –  which in her opinion was longer than necessary. Again, just like Reddit users, Quora users too did not hold many discussions about the broker. With that being said, one Quora user, who also claims to be an experienced trader, did find the brokerage firm to have a lot of good things about it.

They welcome all of your general and technical questions via an online form, telephone and email. The broker is headquartered in Cyprus with contact numbers in multiple countries to cater to different client’s geo-locations. I like how support is multilingual available in English, French, Portuguese, Italian, Russian & Arabic. I have tested many brokers over the years and I didn’t find them to have the lowest spreads or commission fees. Alvexo have a fast, clean and convenient online trading platform that runs directly in most modern web browsers without the need to download any additional software.

Very few Reddit users held conversations about the broker, much less shared their negative or positive experiences with it. However, there was one user who had a lot of positive things to say about his/her time trading with Alvexo. Moreover, because the platform allows you to test out new strategies taking into account all possible costs, experienced traders may find this type of account just as helpful if not more. You will be charged swap fees on every position left open overnight for every business day that it remains open.

Alvexo is available digitally on Mobile and PC platforms devices through its proprietary and third-party platforms. It also operates a robust customer support program in addition to offering great account selections. Limited information is published about WebTrader, but the features listed comparable to those offered by the myriad of MT4 plugins that Alvexo doesn’t currently offer. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money.

Alvexo Reviews Read Customer Service Reviews of alvexo com 2 of 11

This section is the main access point to all the available trading instruments, and it is where traders can place trades and get a preview of instrument price movements through the charts tab. Alvexo enables trading in important industrial raw materials and other commodities from major markets across the globe. There are 12+ of these commodity CFDs available, and they range from energy commodities like oil, natural gas, and coal to agricultural ones like coffee, wheat, and sugar. The platform offers these commodities at very good leverages and 24-hour trading times. Alvexo has 55+ forex currency pairs from both minor,  major, and exotic currency pairs.

  1. Spreads start from zero pips whilst there is a $18 round turn commission charged.
  2. Previously, I concentrated on trading a few instruments that I was familiar with.
  3. To get more extended access to these resources, traders have to upgrade to more advanced account types, with unlimited access only available to Elite account traders.
  4. It will also inform you of any trading and non-trading fees that you may incur, as well as answers to questions you may have about the broker.

On the negative side, brand popularity and customer support, with scores of 3.35 and 6.10, respectively, raise concerns about Alvexo’s reputation and customer service quality. The keystone of a trader’s success and security rests on the bedrock of a dependable broker. With countless options available, market participants often rely on expert evaluations as their guiding light for making well-informed decisions. There are some things you shouldn’t save your money on – brokerage services are one of them.

Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Alvexo is an online forex broker offering a range of tradable assets, multiple accounts, and varied educational resources. In this review, we will evaluate the broker’s trading platform, mobile app, signals offering, and more. After the Gold account comes the Prime, which offers even better spreads from 1.8 pips. The minimum lot size on this account type is 0.1 lot, the total number of available 1-on-1 support sessions per month is 5, and the duration of access to Alvexo Plus is 120 days.

Although Alvexo’s web trader is finely…

We aim to help you find the best broker according to your own needs. The website has an economic calendar that displays up to date listings of economic events, including the country impacted and level of impact. You can view previous, forecasted and actual results of each economic event. The calendar also includes filters to display the releases relevant to you. Economic releases are often used as part of a fundamental market analysis.

Trade with a Regulated Broker

Trading 212 is a registered financial services company established in 2004 that enables individuals to trade various asset classes via its multiple platforms. This Trading 212 review provides you with insight into the broker’s fees & commissions and spreads. It also dives into their various account types and fund safety protocols. The Gold account is listed as the most popular account type on the platform, with spreads from 2.2 pips and the same maximum leverage as the other account types. The minimum lot size is 0.05 lots and the minimum size of an account is a whopping $10,000.

Czym jest Alvexo?

Alvexo provides no information regarding deposits and withdrawals on their website which is highly unusual. The absence of this critical component presented the final piece to conclude that this broker operates a trading environment that should be avoided. Alvexo does offer free signals, a service that not every broker offers. What stands out is that over 79% of traders operate portfolios at a loss with Alvexo; this is at the upper-end of the spectrum, though not all brokers publish this information.

FXView Minimum Deposit

Moreover, the Alvexo plus membership grants clients access to a suite of products and services such as webinars, articles, market data, and much more. In addition to this, all client funds are held in segregated bank accounts with access to negative account balance protection, which safeguards the traders from any losses that exceed deposits. All in all, Alvexo is a good broker with the necessary regulations, security, and legal measures. Among all the account types the Alvexo platform offers, ECN account, both the ECN VIP and ECN Gold account, is quite popular among retail investor accounts. The ECN Gold account does not offer equity CFDs trading, and the minimum lot size is increased from 0.01 to 0.05 lots. With cutting-edge technology, Alvexo allows users to achieve faster access to global financial markets on any of its popular trading platforms and mobile app.

Alvexo is an established broker that stands out for its learning and service-oriented focus. We combine a two-pronged approach that is at the forefront of technological and platform innovation to deliver what traders need most — long term trading satisfaction. Additional Alvexo Plus services are also available to all users at Alvexo. The services include Trading Central, academy, Financial Web Tv with the latest news, webinars, trading signals, e-books, economic calendar, economics events and breaking news. Traders can enjoy the Alvexo Plus service based on the account type. As per this Alvexo review, the website offers education and research to all traders.

Most forex broker firms handle only a very small portion of the volume of the overall foreign exchange market. According to research, Alvexo is a Seychelles-based broker that differentiates itself through an approach of delivering long-term trading satisfaction. Some essential documentation is required to prove the identity of the new user, which is a regular KYC ID check-up. This mandatory KYC regulation is a standard practice with which Alvexo provides a secure financial environment to its users. Note that only ECN account such as the ECN VIP account holders can trade on US and European stocks.

Alvexo Brokers boasts more than 450 financial instruments with thousands of registered traders from around the world, including UAE, Singapore, and France. All new trading accounts receive a call back from a representative who answers customer queries and outlines a guide toward the complete activation of the Alvexo account. This callback is designed to handle inexperienced clients and aims at developing their skills instead of advising them to start trading with immediate effect. Although this feature is not necessary or useful for more advanced traders, it is an excellent resource for beginners. According to this Alvexo review, this feature is extremely useful as it provides a guide to beginners with a stepwise new trading account set-up process.

Information provided regarding costs contradicts itself on their website, and CySEC regulation does little to install confidence in Alvexo. Accounts are opened through an online application, as is the standard operating procedure across the brokerage industry. Alvexo offers the MT4 trading platform without any third-party alvexo plugins. To invest in stocks on Alvexo, create an account with the broker, get verified, and deposit sufficient funds into your account. Once done, you are ready to choose any real stock on their platform and invest in it. Alvexo holds all kinds of events, seminars, and conferences in Europe and the rest of the world too.

We will also explore the broker’s fees & commissions, leverage, spread, and deposits & withdrawals options in detail. The Elite Account is the most advanced account type on the platform. First off, the minimum account size is not stated on the platform, as clients wishing to operate this type of account are required to call the broker and find out. Presumably, it is orders of magnitude larger than the one for the Prime account. The account also offers a minimum lot size of 0.25 lot, the best spreads from 0.1 pips, and access to all the trading instruments, including bonds, Europe and US stocks, and Cannabis stocks. The demo account features real-time spreads and $50,000 in faux funds, and clients can make use of these to access a market that’s basically a full replica of the real markets.

Transactions are executed by the highest PCI-Certified (currently Level-1 but subject to upgrade upon availability) service providers and servers located in SAS-70 certified data centres. They hold client funds in segregated fiduciary bank accounts away from the company funds so that they cannot be used for any other purposes. These funds exist off the company’s balance sheet and cannot be used to pay back creditors in the unlikely event of default of the Company. Safety of your funds is of primary importance with accounts also having negative balance protection. Nevertheless, the broker excels in education, earning a rating of 6.91, indicating a strong focus on providing resources and training for traders of all levels.

Accordingly, the team of seasoned experts noted that user satisfaction with the broker stands at 3.72, a reflection of the genuine concerns and challenges experienced by Alvexo clients. One thing that can be assured here at Alvexo is the rich education and learning culture. There is information for all types of traders and levels of traders. I like this company, because it is a reliable partner and a nice company, that provides high quality services.

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