Alvexo Review September 2025 App, Payment, Regulation
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. There’s a transparent division of accounts, fast proprietary platform that was a surprise for me, cause I thought that it was impossible to create a good custom platform, and minimum deposit is also quite good.
- Between 74-89% of retail investor accounts lose money when trading CFDs.
- ECN Gold account commission for EUR/USD pair is 18pt, while ECN VIP account commission for the same pair is 13 pt, and for Alvexo spreads themselves see the comparison example below.
- Therefore, you should only risk trading when you understand that your capital is at risk at any time.
- Navigating the registration and Know Your Customer (KYC) process is crucial in starting your trading journey with Alvexo.
Alvexo Standard Account
- Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.
- Our broker ratings are also informed by the experience of our researchers during the evaluation process.
- As there are a number of tradable financial instruments available on the Alvexo trading platform.
To delete an account users will need to email a request form to The customer support team will then process the request. The brokerage offer negative balance protection so you cannot lose more than your account balance. The iOS and Android apps are available to download free of charge from the App Store or the Google PlayStore. Some offers may be offered individually to certain clients depending on their profile or activity, via their account manager.
Brokers By Country
Also, there are some slight differences which Alvexo withdrawal options are available and implement according to your country of origin in terms of money transfers, so better to check those ones with customer service. Alvexo trading pricing is on variable spread and all costs built in it on the accounts with STP connectivity, while higher account type offers better conditions. However for ECN Account featuring raw spreads that are starting from 0 pips, but add on a commission per trade.
The minimum deposit of $500 CAD is higher than the market average, making it a broker geared towards motivated profiles or those with some starting capital. Withdrawals are made using the same method as the deposit, which is consistent with anti-money laundering standards. With Negative balance protection, traders cannot lose more money than they have deposited. You should take the security of your personal information seriously and check SSL encryption is enabled on the Alvexo trading platform to protect you on PC and mobile Alvexo platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Alvexo web trading platforms.
We will review the Alvexo and see if it’s worthy of checking out. MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.
Trading Hours
A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the Alvexo trading platform is very user friendly on a Mac device. You can withdraw cash from your Alvexo brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may alvexo forex trading need to close open Alvexo positions before doing so.
Benefits of Trading with Alvexo
Its CFD trading makes it a good option for cryptocurrency trading. I’ve only been with Alvexo for a few months but so far I’m very happy with them, haven’t had any problems at all. Generally good spreads – certainly for the major pairs anyway; orders usually go right through without requotes; customer service timely and helpful.
Alvexo Review – A Forex broker with hefty spreads and high initial deposit requirements
I spoke to Panagiotis Mathew which he explained to me about forex trading was brilliant I will join at a later date when I am ready. Good evening, he accidentally downloaded a treding application, and every day I received several phone calls for 1 month, and I told everyone that I was not interested in this project and I closed it. Until Dimitris Lantzos appeared, he made me change my mind and most importantly made me to trust him and the company he works with. All information on 55brokers.com is only published for general information purposes.
Investors can also transfer funds into their Alvexo trading accounts from an existing bank account or send the funds through a wire transfer or online check. It is not the most competitive broker on spreads or fees, but the customer support, educational resources, and regular webinars help to progress and structure one’s approach. Alvexo offers several account types tailored to various profiles, whether you are a beginner, retail investor, or active trader. Its offering remains focused on CFD trading, without the possibility of investing via a traditional brokerage account or a Registered Retirement Savings Plan (RRSP). Regarding positive feedback, users frequently mention the quality of personalized support, the responsiveness of advisors, and the educational aspect offered by the platform.
Brokers typically attempt to compensate for lack of commissions by charging inactivity fees. The proprietary WebTrader platform is simple to use, even though it remains fairly basic for advanced traders. I also tested MetaTrader 4, which remains a benchmark for technical analysis and conditional orders, but the absence of MetaTrader 5 or compatibility with TradingView is regrettable. As for tools, Alvexo offers trading signals, an economic calendar and accessible training, which is appreciated, especially for beginners. I have spent the last 6 months thoroughly testing the Alvexo platform, comparing its tools, brokerage fees, account types, and the quality of its customer support compared to other well-established online brokers in Canada.
Yes, Alvexo offers a form of copy trading through AlvexoPlus, an internal platform that allows access to signals, analysis, strategies, and trading ideas shared by professionals. After several months of testing, I can say that Alvexo is a serious platform that is primarily aimed at motivated investors, with solid support and well-structured educational services. Alvexo stands out due to the absence of opening, management, or withdrawal fees, which is quite rare. The only negative point is the inactivity fee, which starts at CA$10 per month after 3 months without a transaction. It’s best to stay active, even occasionally, to avoid these passive fees.