Alvexo Overview
Website: www.alvexo.com
Telephone: +357 25 030937
Regulation: CySEC
Pairs offered: Stocks 353 assets / Forex 60 assets /20 assets
Minimum Deposit: €500
Spreads From: 3.3 PIPs
Max Leverage: 30:1
Markets: Currencies, Indices , Stocks, Commodities, Crypto Currencies ,CFD and Bonds
Deposit Options

Alvexo Broker Review

Alvexo is a reputable provider of Contracts for Difference (CFDs) and Forex trading services. This leading online broker features prominently in the UK, continental Europe, and South Africa. Alvexo is wholly owned and operated by VPR Safe Financial Group LTD of Cyprus. It is fully regulated by CySEC (Cyprus Securities and Exchange Commission) to offer real-money trading to clients. The company’s registration number is HE 322134.
Alvexo’s cleverly-crafted slogan says it all, ‘Trade the Difference’. With a wide range of financial instruments available to traders, Alvexo provides a substantial selection of forex trading services (major pairs, minor pairs, exotic pairs), in addition to CFD trading options. Among others, Alvexo offers traders the option of cryptocurrency trading too, including Bitcoin, Ethereum, Ripple, Litecoin and DASH. Alvexo provides in-depth insights into trading risks, benefits and attendant costs.
The company takes client safety, security and privacy seriously with full risk disclosure, terms and conditions, privacy policy data and legal documentation. Alvexo offers clients maximum portfolio diversification opportunities, with a wide range of assets to trade and invest in. These include stocks, bond markets, commodities, and forex trading CFDs. These options provide a diverse range of tradable instruments to registered clients.

Overview/ background

 

Alvexo has a celebrated history in the forex trading industry. It was founded by an expert team of trading professionals, tech experts and veterans of the trading arena back in 2014 and now boasts over 5 years of trading excellence. The company behind Alvexo, VPR Safe Financial Group Limited is a fully licensed Cyprus Investment Firm. The company is legally permitted to offer investment services to clients, as determined by CySEC. This trading enterprise offers transparency, instant execution of trades and licensed trading operations. Legal-age traders across the European Union and member states are welcome to access the services offered by Alvexo.

The security of online trading operations is assured by way of four key areas:

  • Segregated accounts for client funds and business funds
  • Strict financial stipulations with the ICF (Investor Compensation Fund) in place
  • Fully protected data with 256-bit Rapid Secure Socket Layer (SSL) encryption
  • Ongoing evaluation of trading frameworks to ensure around-the-clock monitoring

 

Account Types

 

Alvexo features multiple account types geared towards different financial instruments and types of trading activity.  The account types are divided up into the following broad options: retail accounts and professional accounts. In both cases, clients can select from several account options:

  • Classic Account – $250 minimum deposit with 0.01 deal size, spreads of 3.3 pips, 30:1 leverage and 50% stop out level.
  • Gold Account – $5,000 minimum deposit with 0.05 deal size, spreads of 2.2 pips, leverage of 30:1 and 50% stop out level. Other options include technical analysis, an economic calendar and personalized support.
  • ECN Account – $5,000 minimum deposit with 0.05 deal size, spreads as low as 0.0 pips and 50% stop out level. Other options include technical analysis, free trading signals, an economic calendar and customized support.
  • Prime Account – $10,000 minimum deposit with a 0.25 minimum deal size, spreads of 1.8 pips and leverage of up to 30:1. The stop out level is 50%. Other benefits include a direct line to senior account executives, free SMS trading signals, free economic calendar and personalized support.

The Professional account types offer the same account options with much higher leverage. For example, all four professional accounts offer 300:1 leverage. This can yield much greater profits if trades finish in the money, but it can also increase potential losses.

 

Trading Platform/ software

 

Alvexo features MT4 (MetaTrader 4), WebTrader and a Mobile App. These trading platforms are available for casual traders and experienced traders alike.

MetaTrader 4 – Alvexo’s trading options on MT4 allow a wide range of order execution types including trailing stop orders, limit orders, market orders and stop orders. Various chart-based trading options are available on a safe and secure trading platform. MT4 is ideally suited to forex trading activity.

WebTrader – WebTrader is a web-based trading platform. It can be accessed from all computing devices (PC, Mac, smartphones and tablets). WebTrader offers instant trading updates, with 1-click trading functionality. Top-tier security and rapid trade executions are features of this trading platform.

Mobile App – Full mobile functionality is available on iOS, Android and Windows Phone. Mobile trading supports a wide range of order types and financial instruments. Among others, traders can enjoy real-time updates on forex charts, profit & loss figures and a full trading history.

 

Deposit options

 

Alvexo features various deposit options including: American Express, Visa, MasterCard, V-Pay, Cash-U, VISA Electron, Maestro, QIWI Wallet, Bank Wire and other options. The minimum deposit amount depends on the specific account type requested. For example, the minimum deposit for a Classic Account is $500. The Gold Account and the ECN Account requires a minimum deposit of $2500 and the Prime Account is $10,000. 

 

Markets

 

Forex Trading – AUD/CAD, AUD/CHF, AUD/JPY, AUD/USD, CHF/JPY, EUR/AUD, EUR/BRL, EUR/CAD

Commodities Trading – Brent Crude Oil, Coffee, and Corn.

Indices – DAX, DOW, and CAC.

US Stocks – 3M, ABAC, ACBFF, ACH, AMCN, BAIDU, ATNT, BBRY, BOEING, CAAS, CATER, DL, DQ, GILD, GOOGLE, GS, GSH, SHINHAN, SNAP, PUMP, SURGICAL and others.

Europe Stocks – AAREAL, ABI, AGRIC, AIRBUS, ASML, AXA, BALN, BARC, DP, EDF, GMM, HENKEL, HSBCL, LISP, LONZA, LUFTHANSA, LVMH, PFEIFFER, REPSOL, ROCHE, SAP, SCHNEIDER, STANDARDCH, and others.

 

Bonuses

 

While Alvexo typically runs promotional offers from time to time, there were no available bonuses at the time of writing.

 

Customer Support

 

Various contact options are currently available, including ‘Call Me Back’ service, SMS contact, email contact and telephonic communications. The email addresses at Alvexo include the following:

Telephone assistance is available via multiple channels, including dedicated numbers in Cyprus, UK, Sweden, South Africa, Spain, France, Romania and Italy. Fax numbers are also available in the UK, Switzerland and Cyprus.

Active social media pages are available on Facebook, Twitter, Instagram, YouTube and LinkedIn. The customer support representatives are professional, courteous and friendly at all times.

 

Safety

 

Alvexo is 100% safe and secure. It features 256-bit Rapid Secure Socket Layer (SSL) encryption and segregated accounts. The segregated accounts protect clients for amounts up to €20,000. The Investor Compensation Fund (ICF) offers an additional security layer. Plus, Alvexo is fully licensed and regulated by CySEC to offer real-money trading to clients. Thanks to CySEC license number 236/14 Alvexo is fully regulated and guaranteed secure.

 

Ease of Use

 

Alvexo and the trading platforms available to clients are really easy to use. They include MT4, WebTrader and Mobile Trader. Each of these trading platforms is intuitive and user-friendly.  With Demo Trading services available on different account types, it’s easy to get up and running with Alvexo and any of the four account types.

 

Final Thoughts

 

Alvexo is guaranteed safe, secure and credible. It is a leading provider of forex trading services and derivatives trading via CFDs. This regulated brokerage allows for efficient trading on an ECN (Electronic Communications Network). Commissions can be high on several account types, such as Gold Accounts, ECN Accounts and Prime Accounts, but spreads are generally tighter and offset the commissions.

Pros
  • Full CySEC licensing and regulation
  • Wide range of financial instruments available
  • Segregated Accounts, ICF (investor compensation fund)
  • Four unique account options with demo trading options available
Cons
  • No bonuses or promotional offers
  • No UK licensing
  • High initial deposit
  • High ECN commissions
Alvexo Overview
Website: www.alvexo.com
Telephone: +357 25 030937
Regulation: CySEC
Pairs offered: Stocks 353 assets / Forex 60 assets /20 assets
Minimum Deposit: €500
Spreads From: 3.3 PIPs
Max Leverage: 30:1
Markets: Currencies, Indices , Stocks, Commodities, Crypto Currencies ,CFD and Bonds
Deposit Options
Pros
  • Full CySEC licensing and regulation
  • Wide range of financial instruments available
  • Segregated Accounts, ICF (investor compensation fund)
  • Four unique account options with demo trading options available
Cons
  • No bonuses or promotional offers
  • No UK licensing
  • High initial deposit
  • High ECN commissions