The broker, Alvexo can be found on YouTube, Instagram, Facebook, Twitter, and last but not least, LinkedIn. If books aren’t your thing, the broker has an academy that covers both beginner-level and advanced topics related to trading. Moreover, video tutorials are also available if reading isn’t for you.

Is Alvexo Safe?

Each account type has a different spread so those with tighter spreads will most likely be preferred by scalpers compared to others with higher spreads which may be suited to swing traders. You can choose from accounts with low spreads and commission fees, or a spread mark-up with no commission fee. I feel they have the infrastructure to cater for both retail and institutional traders alike. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. I have all of the instruments that I trade on a normal basis, and I also have many tools that I take advantage to increase my possibilities.But I understand that one great point of resistance… A point that many traders get discouraged when using the broker, is making use of their proprietary trading platform.

Its registration process is pretty fast, requiring barely three steps, though the identity authentication for real accounts may extend the process by a few more. The leverages on the platform are also pretty great, though the spreads are quite big if you don’t operate an elite account. And speaking of accounts, its account options are also pretty flexible, with each option offering its own advantages. The accounts may have pretty high minimum deposits, but the fees are minimal no matter the account type.

Overall, Alvexo is a stable online broker with positive reviews from veteran traders. They provide a user-friendly interface that is easy to navigate, with many educational tools to assist you to become better online traders. The only positive point we could find at the moment is that Alvexo’s platforms are relatively friendly and easy to use.

  • The form you have filled up will be sent to the company back-office, where human staff will check and verify your details to follow regulations.
  • You can get direct access to the markets using versatile trading platforms for your desktop and mobile devices.
  • Alvexo non-trading fees are minimal and typically won’t burn a digital hole in your account.
  • These include stocks and shares in major corporations like the American Airlines Group, Airbnb Inc., and AIRBUS, and they are all available at competitive spreads and leverages.

Alvexo is my preferred broker because…

The broker is a regulated and licensed operation under the jurisdiction of the Seychelles FSA and CySEC. The fact that it works under adequate security and corporate practice standards as dictated by these bodies makes it a secure and trustworthy platform. However, Alvexo lacks multi-factor authorization for accessing customer accounts, and that’s a significant downside.

The EUR/USD spread starts at 2.9 pips for Classic account holders and drops as low as 0.1 pips with the Elite option. Alvexo boasts over 450 tradeable instruments and has thousands of clients worldwide, from France to Singapore and the UAE. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Alvexo is regulated by two regulatory bodies, so yes it is a legit broker. It depends on the type of account you have, the more you level up, the lower your spreads are.

Alvexo is an online broker that offers trading services in various financial markets. Established in 2014, it aims to provide traders with a comprehensive platform to access global markets. For beginners, understanding the features and services of a broker like Alvexo is crucial to making informed trading decisions. 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 charges a monthly inactivity fee of $10 for every subsequent month if a trader performs no trading activity on their account for at least 3 months.
  • Alvexo is an online forex broker offering a range of tradable assets, multiple accounts, and varied educational resources.
  • As for the initial deposit amount, the user doesn’t seem to find any problems with it.

This section of our Alvexo review will take a look at each of these trading instruments. For beginners looking for a regulated broker with solid educational support, Alvexo is a reliable option. However, traders should consider the minimum deposit requirements and spreads before opening an account. If you still lack confidence in trading for real, then you can opt to utilize the demo account.

With this simulator, traders can test strategies and platforms without risk. This is a suitable option especially if you are a beginner as you can familiarize yourself in a simpler way. One of the notable features of Alvexo is negative balance protection. This feature ensures that clients never lose more money than they initially invested with this platform.

As well as writing content, Carlos is a skilled researcher who regularly investigates new crypto projects to understand their potential. He uses these skills within his content writing work to provide an analytical overview and helpful insight to readers. The account creation process is extremely streamlined and can be completed on your mobile device, laptop, or tablet.

Open Your Live Trading Account To Start

To delete an account users will need to email a request form to The customer support team will then process the request. The practice simulator is a great way for traders to try new strategies and platforms in a risk-free environment. Alvexo offers an award-winning web trader platform with no download required. The web-based solution is available on any device with an internet browser while the interface is user-friendly and easy to navigate. This is the sum that allows to diversify all the risks properly, I like it.Alvexo Plus deserves a separate overview, actually. Alvexo is my preferred broker because it offers optimal trading tools and coverage for a broad range of markets.

Start Trading With Alvexo Today

In order to access these wonderfully comprehensive eBooks and webinars, you must have an Alvexo Plus membership. A client reserves the right to withdraw their funds at any time they deem necessary. Alvexo will process your withdrawal request within 24 hours, regardless of the payment method. It is worth bearing in mind that depending on the payment method that the withdrawal request will be carried out in, the minimum withdrawal amounts may vary. Alvexo has incorporated this feature into its powerful web-based trading platform, to make sure that orders are placed almost immediately. As a trader, you never want to miss out on a trade that could potentially up your game.

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. The EUR/USD is listed with a spread of 3.3 pips in the Classic account; this is reduced to 1.4 in its ECN account, but a commission between $13 and $18 applies.

How much is the minimum deposit?

Alvexo non-trading fees are minimal and typically won’t burn a digital hole in your account. The trading fees are charges that a broker levies for trading activities carried out on its platform. These charges can be of different types, and they range from spreads and trading commissions to financing rates and swap fees.

Alvexo does not charge any specific fees for trading stock CFDs, as virtually all its fees are wrapped up in the spreads. Alvexo occasionally offers promotional deals to new and existing traders. Traders were not offered any bonuses or promotions at the time of this Alvexo review, most likely because regulation does not allow these offerings. Alvexo does offer free signals, a service that not every broker offers.

These are excellent tools which you can get through some other brokers such as Forex.com. Developed by trading software company MetaQuotes, MT4 is the industry’s leading trading platform with millions of users worldwide. I think it has a quick learning curve which could make it a good option for beginners.

However, its scope of coverage is quite limited, as it still doesn’t operate in most countries outside Europe. In any case, Alvexo’s research and education resources include a collection of e-books, webinars, and a blog. It also offers access to annual events to educate traders as well as daily independent access to market news through its Financial Web alvexo forex broker TV.