Alvexo Review – Is it a Good Broker?

Alvexo is a forex broker that provides a diverse variety of tradable assets, various account types, and a comprehensive instructional resource library. We’ll examine the broker’s trading interface, mobile app, and signal service, among other things. Consider this evaluation to see whether Alvexo is right for you.

VPR Safe Financial Group Ltd. owns Alvexo, which was established in 2014. The company is headquartered in Limassol, Cyprus, but also has an office in Paris.

Alvexo offers over 450 tradeable products and services to thousands of customers globally, from France to Singapore and the United Arab Emirates. The broker is an official partner of Norwich City Football Club.

Alvexo Review

Alvexo Regulation and Licenses

Alvexo is a reputable broker with whom you may trade without fear of being taken advantage of. VPR Safe Financial Group Limited operates Alvexo (Europe), which is licensed by the Cyprus Securities and Exchange Commission (CySEC).

Alvexo’s worldwide operations, which are handled by HSN Capital Group Limited, are regulated by the Seychelles Financial Services Authority (FSA).

Both countries safeguard against negative balances, although their leverage rates and methods of fund preservation differ.

Customer Support

The live chat feature, which is situated in the bottom right corner of the screen, is a convenient way to contact customer service. You may also call +35725030482. Customer service personnel at the broker are kind, competent, and prompt in responding to questions.

Alvexo employs the same level of security as online financial brokers. The whole system is protected by a firewall, and all transactions are secured using RapidSSL 256-bit encryption. Payments are processed by leading PCI-certified service providers, and servers are housed in SAS-70 certified data centres.

Alvexo Trading Platform

MetaTrader 4 and a web-based version of Alvexo’s trading platform are available. The MT4 trading platform, which is available for download, is popular among financial traders and is suited for users of all skill levels.

Alvexo also provides a no-download WebTrader platform. The web-based version is compatible with any device equipped with an internet browser, and the user interface is straightforward and simple to use.

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    Alvexo provides a mobile application that allows you to trade on the move. The iOS and Android applications are both free to download from the App Store and Google Play. You may trade commodities, indices, currencies, and cryptocurrencies after obtaining your member login credentials.


    Clients of Alvexo have access to a diverse variety of financial markets, including the following:

    Forex, cryptocurrencies and stocks such as Alibaba, IBM, and Netflix. Engage in the trading of Brent Oil, Copper, and Natural Gas. Bitcoin, Litecoin, Dash, and Ethereum are all examples of cryptocurrencies that may be exchanged.

    Trading Conditions

    Clients adhering to FSA regulations may use leverage of up to 1:300. Leverage should be used sparingly and only when traders are fully aware of the dangers.

    Spreads vary according to account type, but they are usually competitive. EUR/USD spreads start at 3.3 pips for Classic account holders and may go as low as 0.4 pips with the ECN VIP option. Spreads on prominent indices such as the FTSE 100 start at 3.53 points for Classic accounts and are as low as 0.88 points for ECN VIP accounts.

    Commission-free membership is available to Classic, Gold, and Prime subscribers. Additionally, there is a ten-unit penalty for inactivity and swap fees for overnight holdings.

    Alvexo Account Types

    Alvexo now provides five different types of trading accounts: Classic, Gold, Prime, ECN Gold, and ECN VIP. Each account’s spread, leverage, minimum transaction size, and tradable assets are unique. A Classic account offers spreads starting at 3.3 pips, leverage up to 1:30, and a 0.01 lot minimum transaction size.

    A VIP account with ECN provides zero-pip spreads, leverage up to 1:300 (for professional customers only), a 0.25-lot minimum transaction size, and access to a wider variety of tradable assets, including European and US equities.

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    Payment Methods and Business Hours

    VISA, MasterCard, and American Express credit cards, as well as debit cards, electronic wallets (QIWI wallet), and wire transfers, are all accepted for financing trading accounts.

    The minimum deposit amount varies according to the kind of account. A Classic account requires a $500 deposit, a Gold or ECN account requires a $2,500 deposit, and a Prime account requires a $10,000 deposit. There are no fees associated with deposits or withdrawals with this broker.

    Withdrawals take between three and five business days on average, while wire transfers may take longer. Alvexo takes only US and Euro currency.

    Customers who recommend a friend to Alvexo will get a $300 trading incentive. Occasionally, the broker will also provide a first deposit bonus, the value of which is determined by the deposit amount. Before you begin trading, always read the bonus terms and conditions.

    Clients have access to trading platforms 24 hours a day, seven days a week. On the other hand, some goods are only available during market hours. After-hours trading may result in lower trade volume and larger spreads.


    Alvexo is a well-known broker that offers an immersive trading experience via easy interfaces, a diverse variety of products and accounts, and competitive spreads, despite the fact that it is not the market leader.

    Increased account balances, in particular, offer active traders with cheap trading costs and access to a diverse array of financial goods. Alvexo is not accessible in the United States or Israel based traders.

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