Alvexo is a global Forex and CFD broker owned and operated by VPR Safe Financial Group Limited. This broker is regulated by the Cyprus Securities and Exchange Commission (CySEC). From the financial market perspective, it is a new broker since opened its doors for business in January of 2015. but Alvexo is experienced in the industry. Alvexo is investing in the latest software innovations and wants to ensure trust and transparency to his traders.
This review will help you to familiarize yourself with all the features and tools of this broker and help you decide on choosing a broker who will meet your needs.
Account Features
Alvexo offers a selection of four different accounts. It is important to note that Alvexo has something called Account Generator where traders can enter personal settings as annual income, investment, what to trade etc. By entering these details, the generator will advise you directly on which account is most suitable for you. This can certainly save new traders time and stop them from investing the money wrong way.
Classic Account
- Min Deposit $500
- 0.01 lot
- Spreads from 3.3 pips
- Default Leverage 50:1
- Leverage up to 300:1*
- Free Signals
Gold Account
- Min Deposit $2,500
- 0.05 lot
- Spreads from 2.2 pips
- Default Leverage 50:1
- Leverage up to 300:1*
- Technical Analysis
- Personal Support Agent
- Economic calendar via SMS
- Free signals
ECN Account
- Min Deposit $5,000
- 0.05 lot
- Spreads from 0.0 pips
- Leverage Default 50:1
- Leverage up to 300:1*
- Technical analysis
- Personal Account Manager
- Economic calendar via SMS
- Personal Support Agent
- Free Signals
Prime Account
- Min Deposit $10
- 0.25 lot
- Spreads from 1.8 pips
- Leverage Default 50:1
- Leverage up to 300:1*
- Technical Analysis
- Personal Account Manager
- Trading Signals via SMS
- Economic calendar via SMS
- Personal Support Agent
- Technical Analysis Reports
*Alvexo broker has rights to update the leverage and change it anytime without notice. The default leverage is set by 50:1 but traders can at any time request higher leverage up to 300:1. It is Alvexo broker decision based on a complete information from a different trader
Alvexo Demo Account
Alvexo Broker offers all traders the ability to try a demo account. With an initial bankroll of $ 50,000 of virtual money, you can test all the features and tools that this broker provides. This way, all traders from beginners to experts can get acquainted with how to trade with the Alvex broker. A demo account is of great help in creating different strategies and ways the trader wants to trade with Alvexo so it is very important to try it out.
Alvexo Islamic Account
Islamic accounts are created for Muslim traders interested in financial market without charging them for additional financial penalties. By honoring the Sharia Law trader don’t need to bother about unexpected fees or commissions. There are 4 main reasons to use Islamic account:
- Shariah approved trading and investing account
- Transparency
- Without swap commission
- Interest-free trading
Trading Software & Assets
There are 3 different platforms that traders can use while trading with Alvexo broker:
- Web trader
- Metatrader4
- Mobile trading
Webtrader
With Webtrader you can trade from anywhere since there is no download required. Web trader is a browser web-based platform accessible from any computer. The only thing which is important to use Web trader is a good internet connection. In this user-friendly environment, you can trade safely with all features and tools available on other platforms.
Metatrader4
The Metatrader4 platform is among the most popular platforms traders use in daily trading. This platform offers a variety of ways to help you through trading, such as technical analysis, algorithmic trading, expert advisors and customized trading systems. Also, the platform is supported for all iOS systems and Android users so you can use it during ‘on the go’ trading.
Mobile Trading
Alvexo Broker offers its traders trading via mobile devices. On the mobile device, traders can see all the information, history, tools, features etc. which are used through Metatrader4 or Web Trader. All actions are intuitive and simplified. This way you can use the Alvexo broker at any time, only internet connection is required.
The variety of platforms will allow every trader to decide what is best for him. Likewise, opportunities for using the Trading Academy and other features available on the Alvexo broker website are unlimited. Various tutorials that are incorporated with a glossary in which you can find all the abbreviations and words used in today’s financial market will help each trader learn more. Also, there is a FAQ that is prepared for basic and advanced traders where you can find all information related to Alvexo broker. If this is not enough, you can always contact customer support.
Support Information
With the availability of an online live chat option that provides all users with direct information while talking to a support agent, users can also request a Callback option. Within this option, traders must enter the full name, email, time period, phone number and request a callback.
Also, there is a multilingual staff that provides specific phone numbers so traders from specific countries can directly contact customer support. More information can be found directly on Alvexo broker website.
In addition to all the listed features, Alvexo broker can also be contacted by e-mail for a different type of problem:
Banking & Company Information
The minimum deposit for this broker is $ 500 and can be made in EUR or USD. There are no fees charged for either a deposit or a withdrawal but banks may use a different fee during a withdrawal option. We encourage you to contact the bank to find out more about fee charges.
Payment methods available for Alvexo broker are:
- credit/debit cards
- bank wire transfers
- CashU
As for withdrawal options, it most often depends on the method used for the deposit. As for bank wire methods, it takes 2-5 days but for wallet options is 1-2 business day.
Avexo broker is operated by VPR Safe Financial Group Limited and regulated by CySEC 236/14.