About Alvexo a World Leading Investment Brokerage

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Finally, we would like to notify you that the Company shall not accept the opening of any new trading accounts nor the referral of any new Clients.

Clicking on “View full details” opens a new tab and displays swap rates for the asset. 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. Alvexo comes with a Trading Academy, which is one of its best features with an abundance of videos and written content. To enjoy this feature, click on ‘Start Learning’ and select any video tutorials and articles. The academy is built to educate new clients on trading activity pattern, chart-based trading, how to comprehend daily analysis, and offer investment advice, to avoid the risk of losing real money.

Trading CFDs and forex on this great platform are completely safe and secure. The company provides financial services regulated by Cyprus Securities and Exchange Commission . The global operation of Alvexo is operated by HSN Capital Group Ltd under the regulation of Seychelles Financial Service Authority .

alvexo forex

The spreads on indices like FTSE 100 start at 3.5 pips for Classic account and 0.88 pips for Elite account. Although the company does not charge a penny for making deposits and withdrawals, it collects fees from commissions and spreads across available tradable assets. The fees Alvexo charges are high compared to other brokers in the forex industry. Commission charges for trading equity CFDs may vary from $0.015 to $0.025 per share, whereas for other assets, the costs may be as high as $50 per lot. The min. deposit for the Prime accounts is set at a much higher level at €50,000 with much tighter spreads and additional complex CFD instruments. The ECN VIP account or the Elite account is the only account where all the instruments are available.

The website provides a commission-free trading structure for all Classic, Prime, and Gold members. An inactivity fee may also be applicable equal to 10 units of the base currency. Alvexo also charges swap fees on overnight positions or positions left overnight. Note that only ECN account such as the ECN VIP account holders can trade on US and European stocks. • Live commodity quotes on oil, gold and silver available all in real time. Security of funds is a primary concern that Alvexo addresses with the most resolute adherence to industry standards.

The only significant change remains a reduction in the minimum spread to 2.2 pips. Equity CFDs remain missing, the minimum trade size has been increased from 0.01 lots to 0.05 lots, and the stop-out level is reduced from 50% to 15%. The website is enriched with advanced tools, forex and CFD assets, market news, and comprehensive research and education that allows traders to make informed decisions with the help of account managers provided by the website. 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. According to this Alvexo broker review, the Alvexo platform is a Cyprian investment firm.

Trading accounts of Alvexo

To support you trading efforts we provide real-time market quotes and price feeds to make your trading more effective and accurate. Another popular award-winning trading platform offered by Alvexo is the Web Trader platform https://forexbroker-listing.com/ which requires no downloading. It is a web platform with a stable internet connection on every smart device. It has a clean and attractive layout and advanced tools to help traders respond instantly to market conditions.

  • All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing.
  • Five banners are embedded with each educational article, and therefore the Trading Academy is a bit distracting when it should be designed for ease of use.
  • Still, the complete set of instruments is available only to those investors and other traders who complete the second registration phase.
  • Still, the mix of different font sizes, colors, and overall design created an interrupted read, as did endless adds for Alvexo products.
  • 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.

The EUR/USD carries at 1.4 pips with a commission of $18 per lot with a minimum lot size of 0.05 lots. The ECN VIP account represents the sole account where all assets are available. The minimum deposit size is available on request only, but given the structure implemented, it is likely above €50,000 as the minimum lots size is increased to 0.25 lots. Alvexo collects its fees from spreads and commissions charges across all available assets.

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. While a proprietary platform shows dedication to provide a better trading environment for clients, it needs to surpass what is available to offer a competitive edge, not simply equal what is offered elsewhere. There are a range of payment methods supported by Alvexo as the traders transfer from the demo account to the live trading account. The funding methods include debit cards, credit cards, bank transfers, and other electronic payment methods. Shares – Alvexo provides the opportunity to buy, sell and trade stocks from major European and US stock exchanges such as NASDAQ, NYSE, London Stock Exchange, and many more. There are thousands of companies to choose from and a complete trading suite in which the traders can choose the platform as their portal to the investment markets.

Over 450 assets including Forex, indices, commodities, equities, and cryptocurrencies are available at Alvexo. The overall solid asset selection allows most retail traders to adequately diversify their portfolios, but the drawback to the asset selection is unacceptable spreads and commissions. While they are arranged by asset class, and a search function is present, the list only includes five assets, and traders need to scroll through a sometimes extensive list.

What Is Alvexo?

Still, the minimum deposit varies, and the brokers ask the clients to contact the alvexo team to know more about it. Still, the complete set of instruments is available only to those investors and other traders who complete the second registration phase. The second phase includes certain form filling and a minimum cash deposit. Alvexo trading platform is a forex and CFD trading website established in 2014.

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. The economic calendar returned a blank section, while the four trading calculators are better presented as an MT4 plugin for a proper deal ticket. Still, the mix of different font sizes, colors, and overall design created an interrupted read, as did endless adds for Alvexo products.

alvexo forex

That being said, the company’s proprietary platform is lacking extra features that make it stand out, and the lack of plugins for MT4 is unfortunate. Market updates consist of market trends published once per week, a daily analysis, and a weekly report. The content remains brief but is on topic, the presentation is clean, and the outcome is acceptable.

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. Alvexo offers CFD trading in over 450 assets across five categories and claims that technology fulfills a vital role in its trading environment. This broker has a research department, hosts annual events, and provides traders with the MT4 trading platform on top of its proprietary WebTrader. Education is also highlighted in Alvexo’s approach to achieve long-term trading satisfaction.

Yes, Alvexo forex and CFD broker offers an Islamic account in the interest of the traders who follow the Sharia Law. Although Alvexo Brokers does not charge deposit or withdrawal fees, it makes money from commissions, spreads as well as client losses by acting as a direct counterparty and a market maker. Commodities – The multi-asset trading platform Alvexo also offers commodities trading, for example, Brent oil, natural gas, copper, and many more. One of the notable features of the Alvexo company is negative balance protection. This feature ensures that the clients never lose more money than they initially invested with this company. Alvexo collects its fees from spreads, commissions, and client losses where it acts as a direct counter-party; this broker is a market maker.

Is Alvexo regulated?

This broker additionally conducts events multiple times per year, to meet clients and present the latest market trends. Alvexo has quite a decent brokerage offer compared to many other companies in the industry. The regulation and maximum leverage depends on your regional jurisdiction and appropriate authority. The choice of platforms and financial instruments allows me to be flexible in terms of trading strategies. The best features offered by Alvexo are the its learning offerings, but those must be picked through carefully to find the right ones. Regrettably, there were no real unique features discovered during our Alvexo review.

alvexo forex

Imo alvexo broker has a good combination of features and strength in the market offer. The broker has different platforms for different trading preferences and styles, while the choice of instruments opens many opportunities for online trading in the forex and cfd market. The MT4 trading platform is offered by Alvexo, but it lacks many of the add-ons offered by other brokers that can turn this platform into a true powerhouse. MT4 fully supports automated trading and remains the most popular choice among retail traders.

Become an Alvexo Trader!

The broker is a market maker who makes additional profits from the losses of its traders by acting as a counterparty to the open positions. Spreads may vary based on the account type, but they are extremely competitive. The Classic account spreads start at 2.9 pips, and it falls to as low as 0.1 pips for Elite account holders.

There is an abundance of written content and videos available, and much of it is good quality. ” opens a new tab populated with articles and video tutorials, the content is solid but again littered with marketing material from this broker. This may help explain why the education provided appears to disconnect with traders, the academic atmosphere is not provided, and a marketing-focused presentation is dominant. Five banners are embedded with each educational article, and therefore the Trading Academy is a bit distracting when it should be designed for ease of use. Customers can also reach the support team at 1 Agias Fylaxeos street Limassol, 3025 Cyprus. Any trader with a query regarding the platform’s features, fees, bonuses, and functionality can get in touch with the broker’s customer support for assistance.

Alvexo Deposit & Withdrawal Methods

The website is translated into 7 languages , and its content is relatively well organized and easily accessible. It is still difficult for me to confirm whether this accuracy is real, but in general, for me, as a beginner, they give a guideline that inspires confidence. Alvexo customer support or compliance department can be easily accessed through their live chat function, which can be found right at the bottom of the screen.

All in all, the support team is quite friendly, extremely responsive, and efficient in problem-solving. Any account can be opened via an online application, which is a standard procedure in the brokerage industry. A quick form fill-up includes entering details like name, email ID, a unique password, submission of ID documents for account verification, and a small deposit required by the site.

We work very hard to offer the best possible service and assistance to our clients. In addition to the popular MetaTrader 4 platform, the Alvexo WebTrader proprietary development is available to customers. The Trading Academy is an excellent idea, and marks the prime service offered. Personal account manager to ensure the complete satisfaction of the clients.

Among the various bonuses and promotions that Alvexo offers, the most popular one is the welcome bonus given to traders who register at Alvexo for a real trading account. This bonus is worth a $300 deposit bonus which means that the traders need to maintain a minimum deposit after opening a Classic trading account. Demo account holders must note that these bonuses are not available for them. Alvexo also offers referral bonuses that allow current traders to earn great rewards by referring a friend or relative to the broker. Once all the information and documents are submitted by the new user, the bank office then verifies them according to the regulatory requirements. ID documents include a copy of any government ID and proof of residential address.

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