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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. 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. The official website also provides its customers with contact numbers of the different offices in the United Kingdom , France, Romania, Spain, South Africa, Italy, and Sweden. Traders from Israel and the United States are not allowed to invest and trade forex and CFDs with Alvexo. Forex – Alvexo offers over 58 currency pairs that are the most commonly traded, such as GBP/USD, EUR/USD, and EUR/GBP.
Alvexo is an online broker that lets you trade a reasonable number of financial instruments with around 450 assets including CFDs on forex, stocks, commodities and cryptos. You can get direct access to the markets using versatile trading platforms for your desktop and mobile devices. I found the broker to have acceptable commission fees, decent spreads and reliable execution.
Unique Features
Alvexo from the year of its establishment, 2014, has touched the zenith of success in broking with its latest and efficient technology. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites.
Prime and Elite accounts holders also have access to Stocks and Bonds. Trading is done via popular MetaTrader 4 platform, Alvexo’s proprietary web trader and a mobile app. A variety of additional services are depending on the account type, while the bigger size account features more services, dedicated support and of course better https://forexbroker-listing.com/ pricing. Also, an Islamic account free of commissions and interests included in the offering to the clients that follow the Muslim belief . Alvexo is a highly regulatedbroker with a good reputation that provides flexible trading conditions, a variety of platforms, and pricing built into a spread or commission charge.
They have available the desktop standalone version along with the web based platform. Their unique mobile trading app has more than 50k downloads on Google Play and a 3.2 star rating. The website and customer support is available in; English, French, Arabic, Spanish, German and Italian. However, they don’t have the lowest spreads or commission fees that I have come across. I think they could also improve by introducing the MetaTrader 5 platform and some more payment options.
Alvexo are known for the education that they provide along with their service-oriented focus for all levels of traders. You can utilise a comprehensive selection of daily signals, market analysis, economic news, trading academy, webinars and seminars. This is a really generous selection and puts them amongst the best brokers when it comes to education. Our review of the broker Alvexo finds, that they are offering day traders and investors, the popular MT4 trading platform.
Nothing on this website should be considered a recommendation or endorsement. We are not responsible for any losses you may incur, by investing with a company mentioned on this website. Always verify that your broker, is licensed by your local financial regulator. Minimum deposit for new accounts is $500, and there are 4 different account types which offer various benefits.
BrokerAware Rank: #11
Based on all these inputs, Alvexo will provide you its recommendation as to which account will best be suited for you with minimum deposit options. Alvexo platform will also advise you on the amount of money you should invest at the beginning. Alvexo has been found to have the basic earning in the form of fees, which it charges as commission and spreads from all the offered assets.
We encourage you to comment on our Alvexo review and call out any of your own experiences. Our aim is to help other traders make considered decisions when investing. All in all, Alvexo offers a highly inclusive and supportive trading environment that caters to traders of all levels and to a variety of trading strategies.
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. The spreads on indices like FTSE 100 start at 3.5 pips for Classic account and 0.88 pips for Elite account. The built-in trading tools are compatible across multiple devices and offer a more robust trading experience.
Kindly note that hedging, guaranteed stop loss, social and copy trading are not available at Alvexo brokers. 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. All versions feature the same advanced analytical tools with complete capabilities. Alvexo is an established and regulated online broker offering 450+ assets to trade on flexible trading platforms with competitive fees. They provide a variety of account types along with a range of trading tools and trading academy. 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.
” 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.
Brokers By Licenses
Transactions and trades are protected with 256-bit RapidSSL encryption through a firewalled system. 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. As a regulated broker, Alvexo must abide by strict financial requirements that include regular internal auditing and external monthly monitoring by a certified public accountant.
- Additional features of this broker include a signal service, market news, educational content, trading blog, etc.
- This broker has a research department, hosts annual events, and provides traders with the MT4 trading platform on top of its proprietary WebTrader.
- Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
- With respect to your comments, we would like to highlight that we are a duly regulated Investment Firm abiding by the regulatory requirements of our competent authority.
- Clicking on “View full details” opens a new tab and displays swap rates for the asset.
On the other hand, the education segment includes tutorials, articles, a FAQ section, and a glossary. Market news and trends are published every week and other market updates such as daily and weekly reports. 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.
Alvexo Customer Reviews
In this way, the company is able to cater to both novice and advanced traders with a robust and user-friendly broker platform complemented by a high-quality range of educational and training resources. They also offer a demo account for the traders who wish to practice trading and hone their trading skills before trading with real money. For those who follow the Sharia law, Alvexo has an Islamic account.
USER EXPERIENCE
We thank you for having brought to our intention your concerns and for taking the time to write a review about Alvexo. We regret to hear that you have had a bad experience with our Company, whilst your comments have been duly taken into consideration. Despite this, we wish to inform you that our Senior Account Executives receive extensive and ongoing training in order provide to our clients the quality of analytical services we offer in a professional manner.
The trading platform selection features the award-winning Alvexo Web Trader, MetaTrader4 and Mobile App that enables you to choose the best-suited software to trade. Pretty standard account types with good trading conditions, especially on those that require substantial fundings. But even basic account has slightly high minimum deposit, compared to others. Another aspect of the broker that impressed me was that they have a great choice of flexible accounts to cater for individual trader’s needs. The account type that you opt for will determine your trading conditions and the duration of the services available to you.
Alvexo offers five accounts that have less-than-perfect trading conditions. Spreads start from zero pips whilst there is a $18 round turn commission charged. Account holders get 6 months free 1 on 1 support, access to SMS trading signals/analysis, daily market review and daily live review. Spreads start from 1.8 pips whilst there is zero commission charged. Account holders get 4 months free 1 on 1 support, access to SMS trading signals/analysis and daily market review. Spreads start from 2.2 pips whilst there is zero commission charged.
In case you have an account with us, please send us an email at with your registered email address or account number, in order to be able to investigate the matter further. Making the right choice of broker and platform will help you trade better and combined with experience, tools, research and a helping of luck your trading adventure could take you places you only ever dreamed of. This may be an online, web-based portal, mobile app, a standalone downloadable program, or any combination of the three. The platform may also provide tools for research in addition to tools for order processing. The minimum trading size is listed as 0.01 lots, but dependent on account type; it is increased to as high as 0.25 lots.
It’s not the most we’ve seen but it’s a nice addition to an already big asset basket. To this extend, please send us an email at with your registered email address or account number, in order to be able to investigate the matter further. In regards to your comments, we are very sorry to hear that you have had a bad experience with Alvexo. We would like to highlight that Client satisfaction is of great importance and all feedback obtained from clients is taken into consideration in order to improve the services provided. Trades with alvexo are real and not a fake one, please have a realistic profit target with a realistic account type and good capacity that will enable a successful long term trading. It is simple to trade when the application is simple, fast, easy, continuous support from your account manager and patience but there are risks as well .