Alvexo Review 2024 Fees, Platforms, Apps, Pros & Cons

Another popular award-winning trading platform offered by Alvexo is the Web Trader platform which requires no downloading. It is a web platform with a stable internet connection on every smart device. It has a clean and attractive layout and advanced tools to help traders respond instantly to market conditions. Trading CFDs and forex on this great platform are completely safe and secure. The Brokers is owned and operated by VPR Safe Financial Group Limited.

  1. With CFDs, Alvexo traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
  2. Commission charges for trading equity CFDs may vary from $0.015 to $0.025 per share, whereas for other assets, the costs may be as high as $50 per lot.
  3. On the Prime account, a minimum deposit of €10,000 is required to receive a spread reduction of 1.8 pips.
  4. 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.

Overall, our impression of the broker was positive, it is a reliable broker with good service and long years of operation. The broker is suitable for clients from different countries, the fees offered are among the lowest as well as the spreads for FX pairs. Alvexo is a Cyprus based Forex trading Broker that specializes in financial markets trading with availability to trade currencies and CFDs on Indices, Cryptocurrencies and Commodities. And all that is provided with utmost level technologies and support through maintained offices in the UK, Sweden, South Africa, Spain, France, Romania and Italy. To delete an account users will need to email a request form to The customer support team will then process the request.

Trustworthy forex brokers do not operate without a license as being licensed by a regulatory body legitimizes their financial dealings – ensuring customers that they will not be exploited or scammed. Im now trading every day under his watchful eye contacting me and emailing fresh updates about the best stocks to watch and trade . This company is a total scammed company you deposit your money but no way to withdraw. When you start using this type of platform to embark on a cryptocurrency journey, you should take into consideration that you should be careful if you have no previous experience in using these platforms.

Continue to your Alvexo Trader to get started!

Alvexo offers traders access to a large portfolio of 450+ CFDs trading instruments, including shares, crypto, indices, and commodities. This section of our Alvexo review will take a look at each of these trading instruments. Additional Alvexo Plus services are also available to all users at Alvexo. The services include Trading Central, academy, Financial Web Tv with the latest news, webinars, trading signals, e-books, economic calendar, economics events and breaking news.

The content remains brief but is on topic, the presentation is clean, and the outcome is acceptable. Trading signals are provided free of charge and advertised with an accuracy rate of 82%. One could suggest that if more of Alvexo’s traders used the brokerage’s trading alvexo signals, their overall client loss rate wouldn’t be sitting at 79 percent. 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.

What is Alvexo UK?

Online investing with Alvexo can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with Alvexo, evaluating the Alvexo platform is important.

Can I try Alvexo?

Limited information is published about WebTrader, but the features listed comparable to those offered by the myriad of MT4 plugins that Alvexo doesn’t currently offer. If a trader leaves their account dormant for a considerable duration of time, this will result in a charge known as the inactivity fee. This fee covers all the necessary costs of maintaining the account and offering real-time market data. 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 available digitally on Mobile and PC platforms devices through its proprietary and third-party platforms.

Non-trading fees also present a cost to clients, therefore, it is important that they are as low as possible. Alvexo does not charge any download fees, or deposit and withdrawal fees but it does charge swap, inactivity, and transaction fees. In response, Alvexo has allowed its clients to hop on the bandwagon by making available to them 20+ cryptocurrencies such as ADA/USD, ATOM/USD, BTC/EUR, and LTC/USD to name a few. Customers of Alvexo have access to 450+ financial instruments, which include forex CFDs, indices, commodities, cryptocurrencies, shares, and bonds. Let’s take a closer look at all of them in this section of the review. I must say that i am very satisfied with the services provided by Alvexo.

Economic releases are often used as part of a fundamental market analysis. The signals I received were based on logical reasoning but they would require your own additional money management. I actually prefer to use my own strategies as I like to know exactly why a position was taken.

Alvexo offers interesting trading…

All funds deposited into your trading account must be under the same name. There is a short online form to complete after which you will need to verify your email address. You will then need to upload a proof of identification such as a passport or drivers license and a proof of address such as a utility bill no more than 3 months old. This is normal part of the KYC procedure that online brokers conduct. Once the accounts team have verified your account, you will be able to fund it using any of the convenient deposit methods and you can then commence trading. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Clicking on “View all details” opens a new tab and displays the exchange rates of the asset. Even more, the Alvexo review highlighted that the online broker employs PCI-certified service providers for handling trades and operates from SAS-70-certified data centers. Alvexo sign-up bonus of $25 has been offered in the past for first-time sign-ups or beginner traders. It is not clear on the company’s website if it is still an ongoing offer.

The ForexPeaceArmy community view of Alvexo is not very great, as the 41 users gave the broker an average rating of 2.6. On the positive side, one user is satisfied with the general operation of the platform, including its deposit and withdrawal times and the general flexibility in platform types. So far, there is only one review of Alvexo on Reddit, and it seems to be stellar.

DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have experience trading with Alvexo please share your personal review of the broker and what you think are strong and weak points. There is also an academy offering tutorials, webinars, and articles to help users identify and trade the price difference.

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