Alvexo Review

Operated by VPR Safe Financial Group Limited, Alvexo was established in 2014 by a crew of market veterans and high-tech professionals to offer comprehensive trading and investment services to offer traders the best opportunity for success.  Alvexo is licensed under license number 236/14 with Cyprus Securities & Exchange Commission, well-known for its thorough insights and strict compliance regulations. The broker is known for its quality, attention to details, transparency, and security.

Trading Platforms

Traders can access Alvexo in three different ways. Each of them allows for intuitive trading experience and 1-click order processing. With the different variety of platforms, traders can choose to utilize their accounts with desktops, laptops, tablets, smartphones, or a combination of these devices, whichever suits them the best. The most popular and easily downloadable platform is MetaTrader4. It provides a high level of automation and programmability and allows for automated trading, several order execution types, position keeping, chart-based trading, custom indicators, and trading signals and alerts. Traders can also make use of Alvexo’s web-based platform that doesn’t require a download. A mobile app is also available for those who wish to trade on the go. Available for both Android and iOS device, the app offers 100 percent trading functionalities for managing positions with complete portfolio access. All the Alvexo’s platforms and accounts offer their customers encrypted, user-friendly trading activities, and data security.

Account Types

With Alvexo, traders get four different accounts, and each of them comes with their features and benefits. The accounts include Classic, Gold, ECN, and Prime. Demo trading and Islamic accounts are also available. The traders can choose one according to their experience level. Moreover, to help traders in choosing an option based on their investment goals and income status, the broker offers an exclusive “account generator” feature which helps traders based on their answers to 5 quick questions.

With a minimum deposit of $500, minimum dealing size of 0.01 lot, leverage of 1:2 and spread starting at 3.3 pips, a Classic account can be opened to get free trading signals, a minimum deposit of $2500 is required with a, dealing size of 0.05 lots at least, leverage of 1:2 and spreads starting at 2.2 pips. The gold account holders can benefit from personal support, SMS capabilities, technical analysis, and an economical calendar.  The third account at Alvexo is the ECN account. To open this one, traders need to deposit a minimum amount of $5000, with minimum dealing size of 0.05 lots, leverage of 1:2 and spreads starting at 0.0 pips. Other than free technical analysis, and trading signals, ECN account holders also get personal support from Senior Account Managers, economical calendar and message feature. The last one is the Prime Account has a minimum dealing size of 0.25 lots, leverage size of 1:2, spreads start at 0.0pips and requires a minimum deposit of $10,000.

Trading Markets

With Alvexo, traders get a wide range of trading instruments that include crypto pairs, currency pairs, and CFDs for stocks, indices, and commodities. The broker provides more than 490 trading instruments. The commissions at this platform are quite competitive, and the deposited funds are held in the fiduciary accounts. When it comes to trading indices, the traders can select from 7 world-known options, which are a highly popular option to stocks trading. Trading on Forex involves investing in most liquid markets across the world. Traders are offered more than 60 currency pairs along with 4 top cryptos. Other than these, traders can trade commodities also. It’s the perfect option for those looking to diversify portfolios. The platform also allows traders to trade over 400 kinds of shares. Traders have reliable and smooth access to global markets.

Customer Services

Available 24/7, Alvexo’s customer service team is quite helpful. They offer their customer support via live chat, email, direct mail, and toll-free phone line. All their representatives are professional, highly knowledgeable, and offer personal support in different languages. Moreover, self-guided support and training materials are available for the traders at all levels. Their added information source other than tutorials include webinars, videos, daily commentary, advanced strategies, daily market news, daily forex signal with free twice-a-day signals.

Conclusion

Alvexo, the foreign exchange broker has made offering excellent trading experience its main priority. The broker has become an ever-growing and powerful informational resource with different product and features that can be easily customized to every client’s individual need, preference, and taste. Other than their high minimum deposit rates, everything looks to be quite perfect with Alvexo. Being fully-compliant with Cyprus regulatory regime, it has made every effort to guarantee transparency and security. Its educational material and resources are second to none and are very helpful to both experienced and newbie traders. Their different account types make them a preferred option for all types of traders on the market.

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