Alvexo review
Alvexo is a Multi-Assets Trading Platform with over 450+ Assets
Alvexo is a multi asset platform with 450+ tradable Assets. Assets available on Alvexo include Forex trading, CFD trading, Spread Betting, .
Alvexo trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, Spread Betting, are considered financial assets.
Features of Alvexo
- Virtual Portfolio, or what is commonly known as a Demo Account
- Alvexo offers Advanced Financial Chart comparison tools
- Alvexo offers Research-backed analysis on financial markets and investments from top analysts
- The Alvexo platform is available to use on multiple devices including and online through a Web Browser.
- Alvexo offers a trading platform with tools for both New Traders and Seasoned Experts
- Alvexo users benefit from using the Alvexo platform in over 15 different languages
Alvexo review
What you should know
Alvexo offer four ways to trade: Forex trading, CFD trading, Spread Betting, . The assets and products available to you on the Alvexo trading platform depends on the region of the world, you are in and the Alvexo entity you have an account.
With Alvexo you will need a minimum deposit of $500. You can sign up for a demo account to acquaint yourself with Alvexo platform.
Alvexo are able to accommodate various levels of traders whether you are experienced or a beginner.
Are Alvexo safe?
When considering Alvexo for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Alvexo, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 1993, and in operation for 31 years Alvexo have a head office in Cyprus.
Alvexo is regulated. This means Alvexo are supervised by and is checked for conduct by the FSA (Financial Services Authority of Seychelles) (SD030) regulatory bodies.
Alvexo withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Alvexo are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Alvexo are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Alvexo and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Alvexo has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Alvexo will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Alvexo, you can enjoy peace of mind and focus on your trading activities. If Alvexo violate any regulatory rules their regulated status could be stripped.
Your capital is at risk
Is my money safe with Alvexo?
All payments made to Alvexo by traders are securely held in a segregated bank account.
Alvexo uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should Alvexo use them?
Alvexo partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Alvexo clients' funds.
Alvexo clients can have greater confidence in their financial security when working with a Tier 1 bank because Alvexo are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in Alvexo deposited in a Tier 1 bank?
Depositing funds with Alvexo ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Alvexo were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that Alvexo is a secure and safe platform.
Please be aware that trading in financial assets with Alvexo carries a risk of loss. Alvexo trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Spread Betting, due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
Alvexo emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about Alvexo, let's closely examine its features.
To better understand the Alvexo trading platform, you can create two separate accounts - one with real money and the other a Alvexo demo account. A Alvexo demo account provides a risk-free environment for experimenting with the Alvexo platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Alvexo trading decisions.
Open a demo account Visit Alvexo
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How Alvexo as a Company Compare Against Other Brokers
Broker | alvexo | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 1993 | 2007 | 2009 | 2007 |
Head Office | Cyprus | Australia | Belize | Cyprus, UK |
Regulation | FSA (Financial Services Authority of Seychelles) (SD030) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 372,000+ Alvexo users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
Negative balance protection | Yes | Yes | Yes | Yes |
Guaranteed Stop Loss | No | No | No | No |
Learn More | Visit Alvexo | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
Alvexo review
Alvexo Pros and Cons
Alvexo review
Alvexo Regulation and Licensing in more detail
Alvexo is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Alvexo going into insolvency. Alvexo compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Alvexo to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Alvexo traders.
- FSA (Financial Services Authority of Seychelles) (SD030)
Alvexo is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Alvexo you should be sure they're legitimate online agent.
Is Alvexo Global?
Yes, Alvexo is global as Alvexo is available in over 194 countries.
Alvexo is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Alvexo covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. Alvexo has a total of more than 372,000 users.
Alvexo review
Alvexo Awards
Alvexo have won numerious industry awards over the 31 years they have been operating as a financial broker. We have listed the most notable awards and mentions for Alvexo below.
- Best Mobile Trading App London Trader Show 2022
- Best Investment Product London Trader Show 2022
- Best Product Innovation London Trader Show 2022
Alvexo review
Alvexo Fees Explained
- Alvexo doesn't charge withdrawal fees.
- Alvexo does charge a fee for inactive accounts.
- Alvexo doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Alvexo are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
Alvexo Costs To Check
Modern brokers like Alvexo provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Alvexo may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Alvexo trading profitability.
How Alvexo Fees Compare Against Other Brokers
Broker | alvexo | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 500 | 200 | 10 | 50 |
Withdrawal Fees | No | No | No | Yes |
Inactivity Fees | Yes | No | No | Yes |
Deposit Fees | No | No | No | No |
CFD Commission Fees | Yes | No | Yes |
Alvexo Minimum Deposit
Alvexo requires a minimum deposit of 500 GBP/USD/EUR when opening an Alvexo trading account.
A minimum deposit is the minimum amount of money required by Alvexo to open a new online brokerage account with them.
Don't be scared off by brokers like Alvexo charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like Alvexo, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
Alvexo Withdrawal Fees
Alvexo doesn't charge withdrawal fees.
Alvexo Withdrawal rules may vary across different brokers when it comes to transferring funds from your Alvexo or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Alvexo may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the Alvexo withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Alvexo. Researching and comparing Alvexo withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Alvexo funds frequently or dealing with large sums of money. Awareness of these Alvexo fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Alvexo funds.
For example, Alvexo allows you to withdraw your funds to Paynt, Nuvei, Credit Cards, Debit Cards, Mastercard, VISA, Paypal, Apple Pay, Google Pay.
Alvexo Inactivity Fees
Alvexo does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Alvexo terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all Alvexo fees and services. It's recommended that you check the Alvexo website before signing up. If you decide to close your Alvexo account, it's important to do so with the Alvexo broker customer support and obtain confirmation that no remaining Alvexo fees are due.
Brokers like Alvexo must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
Alvexo Deposit Fees
Alvexo does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
Alvexo Commission Fees
Alvexo does charge commission on CFD instruments.
Brokerage firms like Alvexo may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Alvexo trading account level held by the trader.
Alvexo may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Alvexo terms and conditions to understand the commission fees and any other charges that may apply is essential.
Alvexo review
What can you trade with Alvexo?
It's essential to note that the trading instruments offered under the Alvexo brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Alvexo trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with Alvexo over 450 instruments in fact.
If you want to trade currency pairs on global Forex markets, Alvexo offer over currency pairs.
Alvexo Compared To Other Brokers
Compare Alvexo with IC Markets and Roboforex below.
How Alvexo Trading Options Compare Against Other Brokers
Broker | alvexo | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 450 | 2250 | 12000 | 6000 |
Platforms | Alvexo Web Trader, Mobile Apps, Android (Google Play), iOS (App Store) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
FX / Currencies | ||||
Forex pairs offered | 61 | 35 | 50 | |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | Yes | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | Yes | Yes | Yes | Yes |
Energies | Yes | Yes | No | Yes |
Agricultural | Yes | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2100 | 0 | 2042 | |
UK Shares | Yes | Yes | Yes | Yes |
US Shares | Yes | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit Alvexo
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
Alvexo review
Trading on Alvexo web platforms and other applications
Alvexo provides traders with a modern custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.
Alvexo also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See Alvexo's platformsIs the Alvexo Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the Alvexo trading platform to protect you on PC and mobile Alvexo platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Alvexo web trading platforms.
Alvexo Trading Platform Options
Alvexo does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.
Alvexo offers its custom trading platform developed and tested in-house. The Alvexo trading platform allows traders to track their portfolios and the current markets, locate trade ideas and place trades.
The Alvexo platform allows traders to filter the financial marketplace for trade opportunities that match criteria.
With Alvexo, you can examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Alvexo platform, including news and quotes. Discover possible trades with the strong charting tools found with Alvexo. Alvexo is available as downloadable applications or online through the cloud. Monitor your orders with Alvexo and receive breaking news in your positions.
Alvexo Trading benefits
- Alvexo Allows scalping
- Alvexo Allows hedging
- Alvexo Offers STP
- Alvexo Offers Negative Balance Protection
Alvexo Trading Accounts Offered
Below we give an overview of the account types that Alvexo offer. Whatever you are looking to trade, the varying Alvexo account types will be able to provide you with what you need.
- Alvexo Demo account
- Alvexo ECN account
- Alvexo STP account
- Alvexo Islamic account
Can I try Alvexo?
Alvexo provides a demo account that enables individuals to explore trading before investing their funds. By creating a Alvexo practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Alvexo demo account can help individuals to make informed decisions before investing their money.
Open a demo Alvexo account to practice and trade.
Your capital is at risk
Alvexo withdrawal and funding methods
It's essential to remember that the payment methods provided by Alvexo vary based on the Alvexo entity and the Alvexo client's country of residence. To view the Alvexo payment options available, you can log into your Alvexo member's area.
Alvexo offers various funding payment methods listed in your Alvexo dashboard if available in your region. To learn more about the Alvexo funding and withdrawal options available in your area, you can explore the Alvexo website.
Alvexo provides several payment methods for funding your Alvexo account. You may utilize any of these deposit options if they are available in your region. Alvexo ensures that users have multiple payment methods to choose from, making it more convenient for verified Alvexo account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Alvexo user's location. learn more about Alvexo funding and withdrawal methods.Alvexo Payment Methods
Some Alvexo payment methods are local and are available only to specific regions. Alvexo account holders should check which payment methods are provided in your region.- Alvexo accepts Paynt
- Alvexo accepts Nuvei
- Alvexo accepts Credit Cards
- Alvexo accepts Debit Cards
- Alvexo accepts Mastercard
- Alvexo accepts VISA
- Alvexo accepts Paypal
- Alvexo accepts Apple Pay
- Alvexo accepts Google Pay
Broker | alvexo | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | No | Yes | Yes | Yes |
Credit Cards | Yes | Yes | No | Yes |
Paypal | Yes | Yes | No | Yes |
Skrill | No | Yes | Yes | Yes |
Payoneer | No | No | No | No |
Neteller | No | Yes | Yes | Yes |
*please note available Alvexo and other broker payment methods depend on the clients country of residence.
How can I start trading with Alvexo?
To open a trading account with Alvexo, individuals can sign up on the Alvexo website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for Alvexo account validation and making a deposit. Once completed, Alvexo users can download the trading platform of their choice.
It's important to note that Alvexo requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Alvexo maintain a trustworthy financial environment for its 372,000 users. Detailed information on the Alvexo trading platforms is available on their website.
Your capital is at risk
Performing trades with Alvexo
When using Alvexo, the minimum trade size is typically $0.00000114/0.01 LOTS units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Alvexo have a max trade of varies. With the ECN and STP execution methods offered by the platform, traders using Alvexo can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.
Like other brokers, Alvexo margin requirements can differ depending on the traded instrument.
CFD Trading on Alvexo
We will show you an example of the basics of using Alvexo leverage.
CFD trading on Alvexo allows traders to speculate on the price movements of various financial instruments against the broker Alvexo, without actually owning real assets. With CFDs, Alvexo traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
Alvexo provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, Alvexo leverage profits and losses are magnified when trading. For instance, using CFDs, you use the Alvexo trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, Alvexo leverage magnifies both profits and losses in trading.
Trading CFD trades on the Alvexo platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced Alvexo traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk
Limiting Your Risk When Trading with Alvexo Negative Balance Protection
Negative balance protection is important for traders using leverage on platforms like Alvexo. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a Alvexo trading position does not go in your favour, this is where negative balance protection comes in handy.
Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, Alvexo trading losses are always limited to the current balance of funds in the trader's account.
Even if an Alvexo trader experiences a significant loss, they will never owe more money than what is available in their Alvexo account balance.
It's important for Alvexo traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that Alvexo losses are limited to the funds available in your Alvexo account when negative balance protection is in place.
Education Resources at Alvexo
Alvexo offer educational resources which include Events, Financial Web TV , Blog, Webinars, Ebooks, Academy, Articles. Please bear in mind that these resources provided by Alvexo do not guarantee any results when trading. When we checked on the Alvexo website, these educational resources were not available in every language. Also some financial instruments mentioned in any Alvexo educational resources may not be available in your region.
To trade effectively with Alvexo, it's important to have a good understanding of the Alvexo trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Alvexo and externally.
Alvexo . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Alvexo. Familiarizing yourself with the Alvexo trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using Alvexo. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Alvexo involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like Alvexo, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with Alvexo. Explore the Alvexo platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Alvexo, before live trading.
Customer Support at Alvexo
As part of our Alvexo review, we review customer service options, response times and problem resolution effectiveness on the Alvexo trading platform. The Alvexo trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
Alvexo Available Support Types
Based on our experience, we have given Alvexo a D grade for customer support. We encountered some slow response times or Alvexo queries that were left unanswered.
Compared to other brokers, Alvexo offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.
email support and supports a limited amount of Languages. Phone support supports a limited amount of Languages.Livechat Support at Alvexo
Alvexo does not offer LiveChat Support.
Email Support at Alvexo
We tested the email support of Alvexo by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any Alvexo response.
The Alvexo team did resolve and answer our queries, but the email support from Alvexo was overall average compared to other brokers we have tested.
Phone Support at Alvexo
We contacted Alvexo via phone and received quick assistance within 10 minutes of our call.
The Alvexo phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by Alvexo and found that they could assist us in various languages.
While we found the Alvexo phone support satisfactory, there is room for improvement in response time.
See how Alvexo Support Compares Against Other Brokers
Broker | alvexo | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Support |
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Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit Alvexo | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with Alvexo
As Alvexo is regulated by FSA (Financial Services Authority of Seychelles) (SD030).
As a new client of Alvexo, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Alvexo in your region. During the Alvexo account opening process, you will be asked to provide Alvexo with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with Alvexo have the following documents available.
- Alvexo require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for Alvexo compliance. This must be dated within the last six months.
- If you plan to fund your Alvexo account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Alvexo platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under Alvexo Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Alvexo's platform.
However, remember that you won't be able to make trades on Alvexo until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Alvexo KYC compliance process as soon as possible to avoid any delays in accessing the Alvexo platform's features.
It is important to note that Alvexo may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Alvexo platform and features immediately. However, you must pass the verification process to start live trading with Alvexo, which can take up to a few business days.
To start the process of opening an account with Alvexo you can visit the Alvexo trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.alvexo.com on December 19, 2024.
Watch this Alvexo Explainer Video
Is Alvexo A Good Broker?
We have spent over 5 years examining Alvexo in depth. Although we found some very useful aspects of the Alvexo platform that would be useful to some traders. We feel that a alternative to Alvexo may better suit you.
- Alvexo have a good track record of offering Forex trading, CFD trading, Spread Betting, .
- Alvexo has a history of over 31 years.
- Alvexo has a reasonable sized customer support of at least 10.
- Alvexo are regulated by the FSA (Financial Services Authority of Seychelles) (SD030). Alvexo is subject to strict regulatory oversight from its respective jurisdiction, which holds Alvexo (the broker) accountable for misconduct. This regulatory framework helps ensure that Alvexo operates fairly and transparently and provides Alvexo customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Alvexo.
- Alvexo have regulation from reputable regulators.
- One of the advantages of using Alvexo is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Alvexo are particularly important as Alvexo traders want to receive their money quickly. With the efficient Alvexo payment processing system, traders can enjoy faster access to their Alvexo funds.
- Alvexo have an international presence in multiple countries. Including local Alvexo seminars and training.
- Alvexo can hire people from various locations in the world who can better communicate in your local language.
Alvexo Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
Alvexo not quite right?
If after reading this Alvexo review, Alvexo does not fulfill your needs check out these Alvexo Alternatives.
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Throughout our comprehensive Alvexo review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing Alvexo against other popular brokers in the industry, check out our Alvexo Vs pages. Our team has compiled a series of detailed Alvexo comparison articles, pitting the Alvexo platform against some of the best-rated Alvexo competitors in the market. Dive into our informative Alvexo Vs pages below to find out how Alvexo stacks up against other leading brokers.
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Alvexo review
ALVEXO Frequently Asked Questions
Read our detailed Alvexo FAQ Section updated for 2025.
Can I try Alvexo?
Alvexo offer a demo account so you can try the Alvexo platform with virtual trading before you put down a payment. Virtual trading with Alvexo is zero risk. Learn more here
What funding methods do Alvexo accept?
Please note that the list of payment methods below depends on the Alvexo Entity and the client's Country of Residence.
Alvexo offer the following funding payment methods Paynt, Nuvei, Credit Cards, Debit Cards, Mastercard, VISA, Paypal, Apple Pay, Google Pay, among other payment methods.
Learn more here
Is Alvexo safe?
Alvexo have over 372,000 users. Alvexo are considered reliable as they are regulated by and checked for conduct by the FSA (Financial Services Authority of Seychelles) (SD030). Any payments funded to Alvexo accounts by traders are held in a segregated bank account. For added security,Alvexo use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Alvexo is risky, and because the market is so volatile, losses could happen at any time. Do not invest with Alvexo unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is Alvexo trading good?
Alvexo is considered good and reputable to trade with Alvexo. Alvexo is used by over 372,000 traders and Alvexo users. Alvexo offers Forex trading, CFD trading, Spread Betting trading, and trading. Minimum deposit with Alvexo is 500.
Is Alvexo trading Legit?
Alvexo was founded in Cyprus in 1993. Alvexo has been facilitating trade on the financial markets for over 31 years. Alvexo offers clients Forex trading, CFD trading, Spread Betting trading, and trading. All funds deposited to Alvexo are held in segregated bank accounts for security. Alvexo is regulated by FSA (Financial Services Authority of Seychelles) (SD030) so can be considered legit.
Is Alvexo a good broker?
Alvexo allows Forex trading, CFD trading, Spread Betting trading, and trading. Alvexo is overseen by the top tier financial regulators FSA (Financial Services Authority of Seychelles) (SD030) so can be considered a good broker.
Is Alvexo trustworthy broker?
Alvexo is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Alvexo, money is in a segregated bank account that is separate from Alvexo company's funds. As a regulated broker, Alvexo cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Alvexo. Instead, your Alvexo funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Alvexo. Also Alvexo is regulated in its local jurisdictions including major financial regulators like FSA (Financial Services Authority of Seychelles) (SD030).
What is the minimum deposit for Alvexo?
The minimum deposit to trade with Alvexo is 500.
How long do Alvexo withdrawals take?
Withdrawing money from Alvexo processing time varies depending on the method but averages 1-5 days.
Is Alvexo regulated?
Alvexo is regulated by the FSA (Financial Services Authority of Seychelles) (SD030). Regulatory bodies conduct regular reviews and audits as part of Alvexo maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is Alvexo a market maker?
Alvexo is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.
How can I start trading with Alvexo?
When opening a trading account with Alvexo, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Alvexo trading platforms, you can follow the link provided below: Learn more about signing up with the Alvexo trading platform here. This will provide useful information and insights into the various trading platforms offered by Alvexo, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with Alvexo?
Yes your money is safe with Alvexo.
Overall, strict financial regulation is essential for ensuring that trading platforms like Alvexo operate fairly, transparently, and responsibly, which ultimately benefits all Alvexo stakeholders involved.
Trading platforms like Alvexo must have strict financial regulation for several reasons:
- Protecting Alvexo Investors: Strict financial regulation ensures that investors who use the Alvexo trading platform are protected against fraudulent or unethical behavior by the Alvexo platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Alvexo platform.
- Maintaining Alvexo Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Alvexo trading platform. Regulatory procedures reduce the likelihood of the Alvexo platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing Alvexo Transparency: Regulations require trading platforms like Alvexo to maintain detailed records and disclose Alvexo client information. Financial regulatory requirements enhances transparency and helps to build trust between the Alvexo platform and its investors.
Alvexo is regulated by the FSA (Financial Services Authority of Seychelles) (SD030). When selecting a broker such as Alvexo, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Alvexo ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Alvexo.
Is Alvexo a con?
Alvexo is regulated and well established, having been in business for over 31 years. Alvexo is not a con.
Can you make money with Alvexo?
Although traders have had great success with Alvexo, trading on the financial markets with Alvexo is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does Alvexo have fees?
Alvexo doesn't charge withdrawal fees. Alvexo does charge a fee for inactive accounts. Alvexo doesn't charge deposit fees.
When was Alvexo founded?
Alvexo was founded in 1993.
How many people use Alvexo?
Alvexo is used by over 372,000 registered Alvexo users.
What is Alvexo Headquarters country?
Alvexo has its head quarters office in Cyprus .
Does Alvexo offer negative balance protection?
Alvexo offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does Alvexo offer guaranteed stop loss?
Alvexo does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does Alvexo allow scalping?
Alvexo offers scalping.
Does Alvexo allow hedging?
Alvexo offers hedging.
Does Alvexo offer CFD trading?
Alvexo offers CFD trading.
Does Alvexo offer STP?
Alvexo offers STP trading.
How many people use Alvexo?
Alvexo is used by over 372000 Alvexo users and traders.
Is Alvexo an ECN broker?
Alvexo offers ECN trading.
Does Alvexo offer a demo account?
Alvexo offers a demo account.
Does Alvexo offer an Islamic account?
Alvexo offers an Islamic account.
What are the funding methods for Alvexo?
Please note that funding methods and options available with Alvexo can be found in the Alvexo Members area and depend on the Alvexo client’s country of residence. Please check your specific available payment methods on the Alvexo website. Alvexo accept the following funding methods : Paynt, Nuvei, Credit Cards, Debit Cards, Mastercard, VISA, Paypal, Apple Pay, Google Pay.