In this Alvexo Review, we are going to take a look at the offer that this broker prepared for its traders. Alvexo is regulated by the CySEC in Cyprus. Alvexo operates on the financial market since 2014. When it comes to trading platforms, the broker features WebTrader. The Alvexo minimum deposit is 500 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this Alvexo Review
Website address: | alvexo.com |
Operated by: | VPR Safe Financial Group Limited |
Licensed and authorised by regulatory bodies: | CySec FSA |
Supported languages: | English, Spanish, French, Italian and Portuguese |
Customer support available via: | E-mail, phone, live-chat |
Contact details: | [email protected] +35725023932 |
Available deposit methods: | Bank transfer, VISA, MasterCard, Skrill |
Available withdrawal methods: | Bank transfer, VISA, MasterCard, Skrill |
Minimum deposit: | 500 USD |
Min. trade in lots: | 0.01 |
Spreads: | Typical spread on the currency pair EUR/USD - 1,8 pips * on standard account type |
Tradable assets: Might be a CFD. | Forex (55), cryptocurrencies (15) |
Mobile app: | |
MetaTrader 4: | |
Other trading platforms: | WebTrader |
Social trading: |
Alvexo Fees (typical spreads)
We have scanned fees (typical spreads) that Alvexo charges when trading popular currency pairs, here is their breakdown in pips.
EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
---|---|---|---|---|---|
* | 1,8* | * | * | * | * |
*Typical spreads were recorded on 17.01.2020 at 21:08 for the standard account. Alvexo spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: CFDWorld, TradeOlympic, PhillipCapitalUK and Traderia
Frequently Asked Questions
🧐 Is Alvexo a Scam?
Alvexo is a broker licensed and regulated by the CySec and FSA. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that Alvexo is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the Alvexo minimum deposit?
In order to start trading with Alvexo, you have to deposit at least 500 USD.
📵 What deposit and withdrawal methods Alvexo supports?
⚖️ Would you recommend me choosing Alvexo?
We don’t have our own personal experience with Alvexo. However, because the broker is regulated by the CySec and FSA, there is a high chance that it is not a scam. With that being said, it still does not mean that Alvexo is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.
alvexo is a scam