In 2014, VPR Safe Financial Group Limited, a CIF (Cyprus Investment Firm) corporation, launched Alvexo as a brand. It is governed by CySEC (EU) (License number 236/14) and shines in the way it combines technology, education, and service to improve trading strategy and provide traders with the necessary tools to make quick and informed trading decisions.
At Alvexo, we combine a two-pronged strategy that is at the cutting edge of platform and technology innovation to provide traders with what they need most: long-term trading happiness.
Alvexo Pros & Cons
| ✅ Different trading platforms | ⚠️ Offer no expert advice, please |
| ✅ Many educational resources available for both new and experienced traders | ⚠️ There is no MT5 trading platform accessible |
| ✅ Gain from daily market research and trade signals | ⚠️ Hefty minimum deposit amounts |
| ✅ Competitive spreads and alternatives for tiered accounts | ⚠️ Has no charting software |
| ✅ Governed by the Seychelles FSA and Cyprus CySEC |
What Is Alvexo?
A website for trading FX and CFDs called Alvexo Trading Platform was launched in 2014. One of the best brokers offered by Alvexo has more than 650,000 registrations, which is a remarkable achievement when compared to other brokers. In 5 categories, the Alvexo offers CFD trading in more than 450 tradable assets.
Social trading and copy trading tools are absent from Alvexo online trading. It holds numerous annual events, has a robust research department with enough training resources, and provides clients with the top MetaTrader 4 trading platform in addition to its in-house WebTrade platform. Since Alvexo seeks to achieve long-term customer satisfaction through forex and CFD trading, education is another standout feature.
Alvexo Features
Account types: Alvexo provides 4 different account types to accommodate the needs and budget of each client.
Negative Balance Protection: The Alvexo corporation offers negative balance protection, which is one of its distinguishing characteristics. This feature guarantees that customers never lose more money with this business than they first invested.
Dedicated eBooks, articles, tutorials, and weekly webinars help clients learn how to trade more effectively.
Alvexo platform suite: With access to more than 450 worldwide assets, our trio of trading platforms offers something for every type of trader. Alvexo Web Trader is our proprietary browser-based trading platform with cutting-edge customisation tools for MT4, one of the most reliable trading platforms available today, as well as our mobile app for traders who like to trade while on the go.
- Type of Broker: ECN
- Regulation & Licensing: Cyprus Securities and Exchange Commission (Cyprus)
- Minimum Deposit: $500
- Forex Majors Spread: EUR/USD: 0.3 , GBP/USD: 1.1, USD/JPY: 0.2
- Maximum Forex Leverage: 300:1
- Scalping: Yes
- Free Demo Account: Yes
- Traders From USA: No
Alvexo Trading Instruments
Different assets are available through Alvexo’s MetaTrader 4, proprietary platform, Web Trader, and mobile app. Overall, the broker provides more than 450 financial products that fall under the following categories:
- 58+ forex currency pairings, including EUR/GBP, EUR/USD, and GBP/USD, are available.
- Indices – Customers can trade on the DAX and FTSE, two of the most popular indices in the world.
- Major shares are being sold from a number of worldwide businesses, such as Alibaba, Netflix, and IBM.
- Commodities: copper, natural gas, and trade in Brent oil.
- Trade on popular Cryptocurrencies including Bitcoin, Dash, Litecoin, and Ethereum.
Keep in mind that only owners of ECN accounts, such as ECN VIP account holders, are permitted to trade on US and European equities.
Alvexo Account Types
Alvexo has a variety of account kinds, one of which is a free demo account with £50,000 in fictitious funds for traders. For traders to test out new trading methods and various trading platforms in a risk-free forex trading environment, there is a practice simulator available. Five accounts with less than ideal trading circumstances are available from Alvexo.
Among the five types of accounts that Alvexo offers, in addition to the sample account, are the well-known Classic, Gold, Prime, and Elite accounts. While the Elite account offers tighter spreads at 01. Pips, the Classic accounts start with wider spreads at 3.3 pips. Bonds are a further financial instrument or asset that Prime and Elite account holders have access to in addition to the trading options for currency, indices, commodities, and cryptocurrencies offered by all accounts.
The ECN account, including the ECN VIP and ECN Gold accounts, is one of the most widely used account types among retail investor accounts on the Alvexo platform. The minimal deposit is relatively large at €10,000. Trading in equity CFDs is not available with the ECN Gold account, and the minimum lot size has been raised from 0.01 to 0.05 lots.
Conclusion on Alvexo
Alvexo is one of the best solutions for both novice and seasoned traders looking for well-designed investments and trading and investing tools, to summarize this review. The brokerage firm is one of the greatest possibilities to gain practical experience in the forex trading industry because it is governed by the top license provider and numerous regulatory agencies.
With the help of the account managers the website offers, traders can use the website’s advanced tools, forex and CFD assets, market news, thorough research, and education to make educated judgments. With a variety of account options and an ECN account feature, the broker offers STP execution, which is great for algorithmic and active trading. Please be aware that Alvexo brokers do not offer hedging, guaranteed stop losses, social trading, or duplicate trading.
